CompanyGraph
Shandong Hi-Tech Spring Material Co., Ltd.
301292 · SZSE · China
hi-techspring.comFinancials as of FY2025
What stands out
- Revenue is growing, but receivables have grown faster over the last six to eight years
- Earnings significantly exceed cash generation
At a glance
- Depends onDownstream position: depends on 12 industries, supplies 6
- ScaleMarket cap is $2.25B, above the global median of $1.15B
- PositionP/E ratio is 499.29×, higher than 95% of its Chemicals peers (median 44.39×)
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What stands out
- Revenue is growing, but receivables have grown faster over the last six to eight years
- Earnings significantly exceed cash generation
Financials view
Market Capitalization
15.18BCNY2.25B · vs all stocks (USD)
Trailing P/E
499.29xvs Chemicals peers
Revenue (TTM)
5.43BCNY805.19M · vs all stocks (USD)
Profit Margin
0.59%vs Chemicals peers
Beta
-0.8930xvs all stocks
52-Week Change
231.53%vs all stocks
Market Capitalization
15.18BCNY2.25B · vs all stocks (USD)
Enterprise Value
19.17BCNY2.84B · vs all stocks (USD)
Trailing P/E
499.29xvs Chemicals peers
Price to Sales (TTM)
2.87xvs Chemicals peers
Price to Book (MRQ)
5.47xvs Chemicals peers
Enterprise to Revenue
3.53xvs Chemicals peers
Enterprise to EBITDA
43.16xvs Chemicals peers
Gross Margin
21.62%vs Chemicals peers
Profit Margin
0.59%vs Chemicals peers
Operating Margin
16.79%vs Chemicals peers
Return on Assets (TTM)
0.75%vs Chemicals peers
Return on Equity (TTM)
0.81%vs Chemicals peers
Revenue (TTM)
5.43BCNY805.19M · vs all stocks (USD)
Revenue per Share (TTM)
24.30CNYUpdated Aug 19, 2026Quarterly Revenue Growth
33.90%vs Chemicals peers
Gross Profit (TTM)
439.95MCNY65.25M · vs all stocks (USD)
EBITDA (TTM)
224.19MCNY33.25M · vs all stocks (USD)
Net Income (TTM)
31.95MCNY4.74M · vs all stocks (USD)
Quarterly Earnings Growth (YoY)
41.99%vs Chemicals peers
Operating Cash Flow (TTM)
-182.84MCNY-27.12M · vs all stocks (USD)
Levered Free Cash Flow (TTM)
-146.97MCNY-21.80M · vs all stocks (USD)
Trailing Annual Dividend Rate
0.00CNYUpdated Aug 19, 2026Trailing Annual Dividend Yield
0.00%vs all stocks
Payout Ratio
0.00%vs Chemicals peers
Minority Interest (Equity)
81.76MCNYFY2025 · Dec 31, 2025Revenue
5.05BCNYFY2025 · Dec 31, 2025Cost of Goods Sold
4.88BCNYFY2025 · Dec 31, 2025Gross Profit
163.16MCNYFY2025 · Dec 31, 2025Operating Income
-123.71MCNY-18.35M · vs all stocks (USD)
Pre-tax Income
-219.94MCNYFY2025 · Dec 31, 2025Income Tax Expense
-13.57MCNYFY2025 · Dec 31, 2025Net Income
-206.37MCNYFY2025 · Dec 31, 2025EBIT
-143.02MCNYFY2025 · Dec 31, 2025EBITDA (Income Statement)
224.19MCNYFY2025 · Dec 31, 2025Research & Development
189.30MCNYFY2025 · Dec 31, 2025Selling, General & Administrative
29.96MCNYFY2025 · Dec 31, 2025Other Operating Expenses
14.58MCNYFY2025 · Dec 31, 2025Non-operating Interest Income
12.23MCNYFY2025 · Dec 31, 2025Non-operating Interest Expense
76.92MCNYFY2025 · Dec 31, 2025EPS (Basic)
-0.8100CNYFY2025 · Dec 31, 2025EPS (Diluted)
-0.8100CNYFY2025 · Dec 31, 2025Basic Shares Outstanding
222.78MSharesFY2025 · Dec 31, 2025Diluted Shares Outstanding
222.78MSharesFY2025 · Dec 31, 2025Net Income from Continuing Operations
-206.37MCNYFY2025 · Dec 31, 2025Minority Interests (P&L)
25.92MCNYFY2025 · Dec 31, 2025Preferred Stock Dividends
0.00CNYFY2025 · Dec 31, 2025Operating Cash Flow
-855.30MCNYFY2025 · Dec 31, 2025Free Cash Flow
-980.10MCNYFY2025 · Dec 31, 2025Cash & Cash Equivalents (End of Period)
160.32MCNYFY2025 · Dec 31, 2025Starting Profit (CF Statement)
-206.37MCNYFY2025 · Dec 31, 2025Other Non-cash Items
86.98MCNYFY2025 · Dec 31, 2025Change in Accounts Receivable (CF)
-684.83MCNYFY2025 · Dec 31, 2025Change in Other Assets/Liabilities
-51.07MCNYFY2025 · Dec 31, 2025Capital Expenditures
-124.81MCNYFY2025 · Dec 31, 2025Purchase of Investments
-759.86MCNYFY2025 · Dec 31, 2025Sale of Investments
888.94MCNYFY2025 · Dec 31, 2025Other Investing Activity
-4.00MCNYFY2025 · Dec 31, 2025Net Investing Cash Flow
264.33KCNYFY2025 · Dec 31, 2025Long-term Debt Issuance
1.63BCNYFY2025 · Dec 31, 2025Long-term Debt Payments
-1.48BCNYFY2025 · Dec 31, 2025Common Dividends Paid
-64.22MCNYFY2025 · Dec 31, 2025Other Financing Charges
111.82MCNYFY2025 · Dec 31, 2025Net Financing Cash Flow
203.04MCNYFY2025 · Dec 31, 2025Shares Outstanding
222.80MSharesUpdated Aug 19, 2026Float Shares
79.01MSharesUpdated Aug 19, 2026% Held by Insiders
64.27%vs all stocks
% Held by Institutions
3.69%vs all stocks
Total Cash (MRQ)
1.16BCNY171.38M · vs all stocks (USD)
Total Cash per Share (MRQ)
5.17CNYUpdated Aug 19, 2026Total Debt (MRQ)
3.70BCNY548.32M · vs all stocks (USD)
Total Debt to Equity (MRQ)
1.25xvs Chemicals peers
Current Ratio (MRQ)
0.9130xvs Chemicals peers
Book Value per Share (MRQ)
12.78CNYUpdated Aug 19, 2026Total Assets
8.07BCNY1.20B · vs all stocks (USD)
Total Current Assets
3.69BCNYFY2025 · Dec 31, 2025Total Liabilities
5.33BCNYFY2025 · Dec 31, 2025Total Non-current Assets
4.38BCNYFY2025 · Dec 31, 2025Total Non-current Liabilities
922.42MCNYFY2025 · Dec 31, 2025Total Current Liabilities
4.41BCNYFY2025 · Dec 31, 2025Cash
155.27MCNYFY2025 · Dec 31, 2025Cash Equivalents
594.57MCNYFY2025 · Dec 31, 2025Cash & Cash Equivalents
749.84MCNYFY2025 · Dec 31, 2025Other Short-term Investments
110.05MCNYFY2025 · Dec 31, 2025Accounts Receivable
1.42BCNYFY2025 · Dec 31, 2025Inventory
241.74MCNYFY2025 · Dec 31, 2025Accounts Payable
1.36BCNYFY2025 · Dec 31, 2025Short-term Debt
2.54BCNYFY2025 · Dec 31, 2025Other Current Liabilities
384.39MCNYFY2025 · Dec 31, 2025Long-term Debt
679.12MCNYFY2025 · Dec 31, 2025Common Stock (Book)
222.80MCNYFY2025 · Dec 31, 2025Retained Earnings
495.51MCNYFY2025 · Dec 31, 2025Total Shareholders' Equity
2.74BCNY405.74M · vs all stocks (USD)
Treasury Stock
16.42MCNYFY2025 · Dec 31, 202552-Week Low
17.33CNYUpdated Aug 19, 202652-Week High
106.86CNYUpdated Aug 19, 202652-Week Change
231.53%vs all stocks
Beta
-0.8930xvs all stocks
50-Day MA
68.39CNYUpdated Aug 19, 2026200-Day MA
68.47CNYUpdated Aug 19, 2026Avg 10-Day Volume
13.70MSharesUpdated Aug 19, 2026Avg 30-Day Volume
13.26MSharesUpdated Aug 19, 2026Diluted EPS (TTM)
0.1400CNYUpdated Aug 19, 2026Shared structure with peers — never a ranking.
Relationships view
Structural observations derived from financial data, industry benchmarks, and supply chain position.
Peer Positioning
P/E ratio is 499.29×, higher than 95% of its Chemicals peers (median 44.39×)Significant
P/E ratio: 499.286Industry median: 44.39Industry P95: 308.16Peers compared: 101
Structural Tensions
Revenue is growing, but receivables have grown faster over the last six to eight yearsSignificant
Revenue Growth YoY: 0.34Receivables vs revenue divergence: 4.46
Earnings significantly exceed cash generationSignificant
Net Income (USD, TTM): 4,738,197.457Operating Cash Flow (USD, TTM): -27,115,758.082
Financial Health
Altman Z-Score 2.25: grey zoneSignificant
Altman Z-Score: 2.25
Low earnings qualitySignificant
Earnings Quality Score: -0.65
Supply Chain
Downstream position: depends on 12 industries, supplies 6Notable
Outgoing: 6.00Incoming: 12.00
High connectivity hub: 18 industry connectionsNotable
Total Connections: 18.00
Scale
Market cap is $2.25B, above the global median of $1.15BNotable
Market cap (USD): 2,251,057,023.447Global Median: 1,146,734,693.424
Revenue is $805.19M, above the global median of $520.53MNotable
Revenue (USD): 805,190,811.494Global Median: 520,528,949.311
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Supply Chain
Petrochemicals Supply Chain
Follow hydrocarbons through cracking, separation, polymers, conversion, use, and recovery. A cracker produces a coupled slate, so feedstock, product demand, contracts, plant configuration, and waste routes constrain one another.
Plastics Supply Chain
Follow feedstock through monomer and polymer production, compounding, conversion, packaging, use, collection, recycling, combustion, and disposal. Resin tonnes and recycling rates are bounded measurements, not proof that the original function returned.