Home002709 • SHE
Guangzhou Tinci Materials Technlgy
¥20.86
Apr 26, 4:29:46 PM GMT+8 · CNY · SHE · Disclaimer
StockCN listed security
Previous close
¥20.26
Day range
¥19.98 - ¥20.97
Year range
¥16.07 - ¥47.68
Market cap
38.98B CNY
Avg Volume
50.78M
P/E ratio
21.29
Dividend yield
1.44%
Primary exchange
SHE
Market news
Financials
Income Statement
Revenue
Net income
(CNY)Dec 2023Y/Y change
Revenue
3.28B-44.29%
Operating expense
151.24M-53.88%
Net income
138.90M-89.74%
Net profit margin
4.23-81.60%
Earnings per share
0.06-91.18%
EBITDA
374.04M-76.10%
Effective tax rate
24.77%
Total assets
Total liabilities
(CNY)Dec 2023Y/Y change
Cash and short-term investments
2.37B-50.87%
Total assets
23.98B-6.09%
Total liabilities
10.40B-18.09%
Total equity
13.58B
Shares outstanding
1.93B
Price to book
2.92
Return on assets
2.00%
Return on capital
2.52%
Net change in cash
(CNY)Dec 2023Y/Y change
Net income
138.90M-89.74%
Cash from operations
856.90M-52.95%
Cash from investing
-256.18M89.35%
Cash from financing
-259.59M-357.53%
Net change in cash
338.77M169.92%
Free cash flow
1.25B73.29%
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
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