CompanyGraph
China Reform Culture Holdings Co. Ltd.
600636 · SSE · China
crhc-culture.comFinancials as of FY2024–FY2025
What stands out
- Most companies in its industry are production businesses; this one is an attention business
At a glance
- Depends onDownstream position: depends on 12 industries, supplies 6
- ScaleMarket cap is $111.18M, lower than 95% of all stocks globally
- PositionGross margin is 63.6%, higher than 95% of its Chemicals peers (median 17%)
- Interpretations5 currently firing — 5
What this company is and how it runs — written from structure, not news.
What stands out
- Most companies in its industry are production businesses; this one is an attention business
Sign in to view price data.
Sign inWhat the company actually pays, and whether its own cash supports it.
Dividends view
Yield
0.54%
Annual Rate
CNY 0.01Paid unknown
Last Ex-Dividend
Sep 25, 2025
The reported statements, read against the company's own industry.
The statements on file don't all cover the same year: income statement FY2025, balance sheet FY2024, cash-flow statement FY2025. Each figure below is labelled with the year it comes from.
Financials view
Market Capitalization
750.07MCNY111.18M · vs all stocks (USD)
Revenue (TTM)
283.45MCNY42.02M · vs all stocks (USD)
Profit Margin
-92.98%vs Chemicals peers
Beta
0.1280xvs all stocks
52-Week Change
-79.64%vs all stocks
Market Capitalization
750.07MCNY111.18M · vs all stocks (USD)
Enterprise Value
-525.36MCNY-77.87M · vs all stocks (USD)
Forward P/E
4.07xvs Chemicals peers
Price to Sales (TTM)
2.65xvs Chemicals peers
Price to Book (MRQ)
0.4285xvs Chemicals peers
Enterprise to Revenue
-1.85xvs Chemicals peers
Enterprise to EBITDA
12.08xvs Chemicals peers
Gross Margin
63.56%vs Chemicals peers
Profit Margin
-92.98%vs Chemicals peers
Operating Margin
-114.10%vs Chemicals peers
Return on Assets (TTM)
-1.52%vs Chemicals peers
Return on Equity (TTM)
-13.91%vs Chemicals peers
Revenue (TTM)
283.45MCNY42.02M · vs all stocks (USD)
Revenue per Share (TTM)
0.6470CNYUpdated Jul 16, 2026Quarterly Revenue Growth
-33.30%vs Chemicals peers
Gross Profit (TTM)
187.63MCNY27.81M · vs all stocks (USD)
EBITDA (TTM)
22.74MCNY3.37M · vs all stocks (USD)
Net Income (TTM)
-263.55MCNY-39.07M · vs all stocks (USD)
Quarterly Earnings Growth (YoY)
-33.30%vs Chemicals peers
Operating Cash Flow (TTM)
-49.17MCNY-7.29M · vs all stocks (USD)
Levered Free Cash Flow (TTM)
-81.21MCNY-12.04M · vs all stocks (USD)
Trailing Annual Dividend Rate
0.0100CNYUpdated Jul 16, 2026Trailing Annual Dividend Yield
0.54%vs all stocks
Revenue
295.67MCNYFY2025 · Dec 31, 2025Cost of Goods Sold
89.30MCNYFY2025 · Dec 31, 2025Gross Profit
206.37MCNYFY2025 · Dec 31, 2025Operating Income
-16.91MCNY-2.51M · vs all stocks (USD)
Pre-tax Income
-254.45MCNYFY2025 · Dec 31, 2025Income Tax Expense
-4.35MCNYFY2025 · Dec 31, 2025Net Income
-250.11MCNYFY2025 · Dec 31, 2025EBIT
-254.22MCNYFY2025 · Dec 31, 2025EBITDA (Income Statement)
22.74MCNYFY2025 · Dec 31, 2025Research & Development
60.93MCNYFY2025 · Dec 31, 2025Selling, General & Administrative
34.83MCNYFY2025 · Dec 31, 2025Other Operating Expenses
4.79MCNYFY2025 · Dec 31, 2025Non-operating Interest Income
14.74MCNYFY2025 · Dec 31, 2025Non-operating Interest Expense
233.91KCNYFY2025 · Dec 31, 2025EPS (Basic)
-0.5702CNYFY2025 · Dec 31, 2025EPS (Diluted)
-0.5702CNYFY2025 · Dec 31, 2025Basic Shares Outstanding
438.63MSharesFY2025 · Dec 31, 2025Diluted Shares Outstanding
438.63MSharesFY2025 · Dec 31, 2025Net Income from Continuing Operations
-250.11MCNYFY2025 · Dec 31, 2025Preferred Stock Dividends
0.00CNYFY2025 · Dec 31, 2025Operating Cash Flow
-284.31MCNYFY2025 · Dec 31, 2025Free Cash Flow
-285.13MCNYFY2025 · Dec 31, 2025Cash & Cash Equivalents (End of Period)
731.49MCNYFY2025 · Dec 31, 2025Starting Profit (CF Statement)
-250.11MCNYFY2025 · Dec 31, 2025Other Non-cash Items
1.53MCNYFY2025 · Dec 31, 2025Change in Accounts Receivable (CF)
-12.41MCNYFY2025 · Dec 31, 2025Change in Other Assets/Liabilities
-23.33MCNYFY2025 · Dec 31, 2025Capital Expenditures
-817.80KCNYFY2025 · Dec 31, 2025Purchase of Investments
-1.73BCNYFY2025 · Dec 31, 2025Sale of Investments
1.78BCNYFY2025 · Dec 31, 2025Net Investing Cash Flow
51.65MCNYFY2025 · Dec 31, 2025Common Dividends Paid
-21.93MCNYFY2025 · Dec 31, 2025Other Financing Charges
-2.56MCNYFY2025 · Dec 31, 2025Net Financing Cash Flow
-24.49MCNYFY2025 · Dec 31, 2025Shares Outstanding
438.64MSharesUpdated Jul 16, 2026Float Shares
236.00MSharesUpdated Jul 16, 2026% Held by Insiders
53.60%vs all stocks
% Held by Institutions
0.52%vs all stocks
Total Cash (MRQ)
1.28BCNY189.55M · vs all stocks (USD)
Total Cash per Share (MRQ)
2.92CNYUpdated Jul 16, 2026Total Debt (MRQ)
3.36MCNY497.75K · vs all stocks (USD)
Total Debt to Equity (MRQ)
0.0019xvs Chemicals peers
Current Ratio (MRQ)
17.42xvs Chemicals peers
Book Value per Share (MRQ)
3.99CNYUpdated Jul 16, 2026Total Assets
2.22BCNY328.98M · vs all stocks (USD)
Total Current Assets
1.61BCNYFY2024 · Dec 31, 2024Total Liabilities
172.89MCNYFY2024 · Dec 31, 2024Total Non-current Assets
609.28MCNYFY2024 · Dec 31, 2024Total Non-current Liabilities
15.59MCNYFY2024 · Dec 31, 2024Total Current Liabilities
157.30MCNYFY2024 · Dec 31, 2024Cash
6.36MCNYFY2024 · Dec 31, 2024Cash Equivalents
752.24MCNYFY2024 · Dec 31, 2024Cash & Cash Equivalents
760.19MCNYFY2024 · Dec 31, 2024Other Short-term Investments
634.12MCNYFY2024 · Dec 31, 2024Accounts Receivable
56.43MCNYFY2024 · Dec 31, 2024Inventory
89.90MCNYFY2024 · Dec 31, 2024Accounts Payable
32.48MCNYFY2024 · Dec 31, 2024Short-term Debt
1.77MCNYFY2024 · Dec 31, 2024Other Current Liabilities
1.41MCNYFY2024 · Dec 31, 2024Long-term Debt
3.32MCNYFY2024 · Dec 31, 2024Common Stock (Book)
438.64MCNYFY2024 · Dec 31, 2024Retained Earnings
-13.84MCNYFY2024 · Dec 31, 2024Total Shareholders' Equity
2.05BCNY303.35M · vs all stocks (USD)
52-Week Low
1.50CNYUpdated Jul 16, 202652-Week High
9.68CNYUpdated Jul 16, 202652-Week Change
-79.64%vs all stocks
Beta
0.1280xvs all stocks
50-Day MA
3.57CNYUpdated Jul 16, 2026200-Day MA
7.22CNYUpdated Jul 16, 2026Avg 10-Day Volume
6.90MSharesUpdated Jul 16, 2026Avg 30-Day Volume
11.68MSharesUpdated Jul 16, 2026Diluted EPS (TTM)
-0.6000CNYUpdated Jul 16, 20265 interpretations currently present — each is a set of fired observations whose alignment reads as one structural pattern. Click an observation to see the numbers behind it.
Screen for these patternsIs this company financially stable?
Liquidity Ratios Elevated
It can cover near-term bills from cash alone, not just from inventory.
Reads
Low-Leverage Liquidity Configuration
Cash on hand covers most or all of its debt, and its equity share of assets is high for its industry.
Reads
How is this stock valued?
Inverted P/B With Liquidity And Equity Ratio
It trades below book value, with current assets ample and the balance sheet equity-funded.
Reads
Where is this company structurally exposed?
Decline With Range Expansion And Drawdown
The price is falling, swinging wider than usual, and sits well below its peak.
Ulcer Index Elevated, Drawdown From Peak Significant, 20-Week Volatility Elevated
It sits well below its peak, and the fall has been both deep and long.
An interpretation is present only while every observation it reads stays fired (score ≥ 70). It describes what the aligned readings show — never a verdict, never a prediction.
Shared structure with peers — never a ranking.
Relationships view
Structural observations derived from financial data, industry benchmarks, and supply chain position.
Peer Positioning
Gross margin is 63.6%, higher than 95% of its Chemicals peers (median 17%)Significant
Gross margin: 0.64Industry median: 0.17Industry P95: 0.41Peers compared: 134
Operating margin is -114.1%, lower than 95% of its Chemicals peers (median 4.9%)Significant
Operating margin: -1.14Industry median: 0.05Industry P5: -0.12Peers compared: 134
Profit margin is -93%, lower than 95% of its Chemicals peers (median 2.9%)Significant
Profit margin: -0.93Industry median: 0.03Industry P5: -0.27Peers compared: 134
Current ratio is 17.42×, higher than 95% of its Chemicals peers (median 1.71×)Significant
Current ratio: 17.42Industry median: 1.71Industry P95: 7.45Peers compared: 134
Debt-to-equity is 0×, lower than 95% of its Chemicals peers (median 0.34×)Notable
Debt-to-equity: 0.00Industry median: 0.34Industry P5: 0.01Peers compared: 134
Price-to-book is 0.43×, lower than 95% of its Chemicals peers (median 1.93×)Notable
Price-to-book: 0.43Industry median: 1.93Industry P5: 0.64Peers compared: 134
Structural Tensions
Most companies in its industry are production businesses; this one is an attention businessSignificant
Industry peers: 244Share on the common pattern %: 97.00
High gross margins eroded by operating costsNotable
Gross Margin: 0.64Profit Margin: -0.93
Financial Health
Low earnings qualitySignificant
Earnings Quality Score: -0.52
Altman Z-Score 2.9: safe zoneNotable
Altman Z-Score: 2.90
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 $111.18M, lower than 95% of all stocks globallySignificant
Market cap (USD): 111,182,717.642Global P5: 269,387,740.27
Companies that share the same coordination system — how they create, deliver, or capture value.
Hyundai Futurenet Co., Ltd.
Tier 1AttentionThroughput-Bound ConversionInterfaceProduction
Hengxin Shambala Culture Co., Ltd.
Tier 1AttentionThroughput-Bound ConversionProductionInterface
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Tier 1AttentionThroughput-Bound ConversionInterfaceFlow
Zhewang Pictures Group Co., Ltd.
Tier 1AttentionThroughput-Bound ConversionFlowInterface
Falcon's Beyond Global Inc.
Tier 1AttentionThroughput-Bound ConversionProductionInterface
VGI Public Company Limited
Tier 1AttentionThroughput-Bound ConversionInterfaceSenseMaking
Suzhou Kingswood Education Technology Co., Ltd.
Tier 1AttentionThroughput-Bound ConversionInterfaceSenseMaking
XGD Inc.
Tier 1AttentionThroughput-Bound ConversionProductionInterface
Eastern Media International Corporation
Tier 2AttentionThroughput-Bound ConversionFlowProduction
Zhejiang Juli Culture Development Co. Ltd.
Tier 2AttentionThroughput-Bound ConversionProductionFlow
Companies that share active interpretations — structural patterns currently present in both stocks.
Nano Nuclear Energy Inc.
4 interpretationsUlcer Index Elevated, Drawdown From Peak Significant, 20-Week Volatility ElevatedDecline With Range Expansion And DrawdownLiquidity Ratios ElevatedLow-Leverage Liquidity Configuration
Pourin Special Welding Technology Co., Ltd.
4 interpretationsUlcer Index Elevated, Drawdown From Peak Significant, 20-Week Volatility ElevatedDecline With Range Expansion And DrawdownLiquidity Ratios ElevatedLow-Leverage Liquidity Configuration
NuScale Power Corporation
4 interpretationsUlcer Index Elevated, Drawdown From Peak Significant, 20-Week Volatility ElevatedDecline With Range Expansion And DrawdownLiquidity Ratios ElevatedLow-Leverage Liquidity Configuration
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.