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Guangzhou Tinci Materials Technlgy
Previous close
ÂĄ15.37
Day range
ÂĄ15.62 - ÂĄ16.91
Year range
ÂĄ12.86 - ÂĄ28.98
Market cap
25.88B CNY
Avg Volume
29.99M
P/E ratio
38.55
Dividend yield
1.78%
Primary exchange
SHE
Market news
Financials
Income Statement
Revenue
Net income
(CNY) | Jun 2024info | Y/Y change |
---|---|---|
Revenue | 2.99B | -18.67% |
Operating expense | 315.24M | -13.64% |
Net income | 123.13M | -79.26% |
Net profit margin | 4.12 | -74.50% |
Earnings per share | 0.05 | -83.87% |
EBITDA | 427.27M | -49.87% |
Effective tax rate | 35.18% | — |
Balance Sheet
Total assets
Total liabilities
(CNY) | Jun 2024info | Y/Y change |
---|---|---|
Cash and short-term investments | 2.24B | 2.99% |
Total assets | 23.51B | -3.39% |
Total liabilities | 10.25B | -8.42% |
Total equity | 13.27B | — |
Shares outstanding | 2.05B | — |
Price to book | 2.42 | — |
Return on assets | 2.03% | — |
Return on capital | 2.43% | — |
Cash Flow
Net change in cash
(CNY) | Jun 2024info | Y/Y change |
---|---|---|
Net income | 123.13M | -79.26% |
Cash from operations | 342.47M | -70.24% |
Cash from investing | -362.68M | 73.83% |
Cash from financing | -869.64M | 13.66% |
Net change in cash | -888.28M | 27.67% |
Free cash flow | 691.21M | 90.82% |
About
Tinci Materials, simply known as Tinci, is a Chinese cosmetics materials manufacturer founded by Xu Jinfu in 2000. The company primarily involves in the R&D and production of new fine chemical materials, especially specializing in the producing of electrolytes. Additionally, the company also makes battery materials and specialty chemicals.
Tinci Materials stepped into the lithium battery electrolyte industry in 2002. In 2011, it became a supplier to Procter & Gamble. The company went public on the Shenzhen Stock Exchange on January 23, 2014, with the stock symbol "002709.SZ".
Tinci Materials forged a partnership with Lanxess in March 2021, and starting the following year, its electrolyte formulations will be produced at a plant in Leverkusen, Germany. In May, it signed a supply agreement with CATL.
In 2023, the company announced that it will discontinue its electrolyte project in the Czech Republic and relocate production facilities to Casablanca, Morocco. The total investment will be 1.99 billion yuan, with work to be completed in 2025. Wikipedia
Founded
Jun 6, 2000
Website
Employees
6,857