CompanyGraph
Anhui Estone Materials Technology Co., Ltd.
688733 · SSE · China
estonegroup.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 10 industries, supplies 6
- PositionP/E ratio is 729.25×, higher than 95% of its Specialty Chemicals peers (median 34.58×)
- FinancialsLow earnings quality
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Sign inWhat the company actually pays, and whether its own cash supports it.
Dividends view
Yield
0.68%
Annual Rate
CNY 0.20Paid semi-annual
Payout Ratio
250.0%High
Last Ex-Dividend
Jun 16, 2026
The reported statements, read against the company's own industry.
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
5.83BCNY869.86M · vs all stocks (USD)
Trailing P/E
729.25xvs Specialty Chemicals peers
Revenue (TTM)
769.09MCNY114.80M · vs all stocks (USD)
Profit Margin
0.92%vs Specialty Chemicals peers
Beta
1.11xvs all stocks
52-Week Change
7.40%vs all stocks
Forward Annual Dividend Yield
0.68%vs all stocks
Market Capitalization
5.83BCNY869.86M · vs all stocks (USD)
Enterprise Value
6.37BCNY951.04M · vs all stocks (USD)
Trailing P/E
729.25xvs Specialty Chemicals peers
Forward P/E
33.92xvs Specialty Chemicals peers
Price to Sales (TTM)
7.58xvs Specialty Chemicals peers
Price to Book (MRQ)
2.75xvs Specialty Chemicals peers
Enterprise to Revenue
8.28xvs Specialty Chemicals peers
Enterprise to EBITDA
69.48xvs Specialty Chemicals peers
Gross Margin
25.41%vs Specialty Chemicals peers
Profit Margin
0.92%vs Specialty Chemicals peers
Operating Margin
-4.09%vs Specialty Chemicals peers
Return on Assets (TTM)
-0.73%vs Specialty Chemicals peers
Return on Equity (TTM)
0.24%vs Specialty Chemicals peers
Revenue (TTM)
769.09MCNY114.80M · vs all stocks (USD)
Revenue per Share (TTM)
3.81CNYUpdated Sep 22, 2026Quarterly Revenue Growth
48.50%vs Specialty Chemicals peers
Gross Profit (TTM)
151.92MCNY22.68M · vs all stocks (USD)
EBITDA (TTM)
20.44MCNY3.05M · vs all stocks (USD)
Net Income (TTM)
7.09MCNY1.06M · vs all stocks (USD)
Quarterly Earnings Growth (YoY)
87.60%vs Specialty Chemicals peers
Operating Cash Flow (TTM)
-24.27MCNY-3.62M · vs all stocks (USD)
Levered Free Cash Flow (TTM)
-456.50MCNY-68.14M · vs all stocks (USD)
Forward Annual Dividend Rate
0.2000CNYUpdated Sep 22, 2026Forward Annual Dividend Yield
0.68%vs all stocks
Trailing Annual Dividend Rate
0.2000CNYUpdated Sep 22, 2026Trailing Annual Dividend Yield
0.68%vs all stocks
Payout Ratio
250.00%vs Specialty Chemicals peers
Minority Interest (Equity)
9.65MCNYFY2025 · Dec 31, 2025Revenue
630.07MCNYFY2025 · Dec 31, 2025Cost of Goods Sold
503.86MCNYFY2025 · Dec 31, 2025Gross Profit
126.21MCNYFY2025 · Dec 31, 2025Operating Income
-19.36MCNY-2.89M · vs all stocks (USD)
Pre-tax Income
-40.75MCNYFY2025 · Dec 31, 2025Income Tax Expense
-16.44MCNYFY2025 · Dec 31, 2025Net Income
-24.30MCNYFY2025 · Dec 31, 2025EBIT
-23.65MCNYFY2025 · Dec 31, 2025EBITDA (Income Statement)
139.03MCNYFY2025 · Dec 31, 2025Research & Development
67.59MCNYFY2025 · Dec 31, 2025Selling, General & Administrative
27.60MCNYFY2025 · Dec 31, 2025Other Operating Expenses
13.24MCNYFY2025 · Dec 31, 2025Non-operating Interest Income
1.67MCNYFY2025 · Dec 31, 2025Non-operating Interest Expense
17.10MCNYFY2025 · Dec 31, 2025EPS (Basic)
-0.1100CNYFY2025 · Dec 31, 2025EPS (Diluted)
-0.1100CNYFY2025 · Dec 31, 2025Basic Shares Outstanding
201.11MSharesFY2025 · Dec 31, 2025Diluted Shares Outstanding
201.11MSharesFY2025 · Dec 31, 2025Net Income from Continuing Operations
-24.30MCNYFY2025 · Dec 31, 2025Minority Interests (P&L)
2.18MCNYFY2025 · Dec 31, 2025Preferred Stock Dividends
0.00CNYFY2025 · Dec 31, 2025Operating Cash Flow
-186.58MCNYFY2025 · Dec 31, 2025Free Cash Flow
-481.47MCNYFY2025 · Dec 31, 2025Cash & Cash Equivalents (End of Period)
489.03MCNYFY2025 · Dec 31, 2025Starting Profit (CF Statement)
-24.30MCNYFY2025 · Dec 31, 2025Other Non-cash Items
22.89MCNYFY2025 · Dec 31, 2025Change in Accounts Receivable (CF)
-148.04MCNYFY2025 · Dec 31, 2025Change in Other Assets/Liabilities
-37.13MCNYFY2025 · Dec 31, 2025Capital Expenditures
-294.88MCNYFY2025 · Dec 31, 2025Purchase of Investments
-144.47KCNYFY2025 · Dec 31, 2025Sale of Investments
15.49MCNYFY2025 · Dec 31, 2025Other Investing Activity
45.00MCNYFY2025 · Dec 31, 2025Net Investing Cash Flow
-234.53MCNYFY2025 · Dec 31, 2025Long-term Debt Issuance
424.80MCNYFY2025 · Dec 31, 2025Long-term Debt Payments
-146.00MCNYFY2025 · Dec 31, 2025Common Dividends Paid
-35.95MCNYFY2025 · Dec 31, 2025Other Financing Charges
-49.24MCNYFY2025 · Dec 31, 2025Net Financing Cash Flow
193.61MCNYFY2025 · Dec 31, 2025Shares Outstanding
199.78MSharesUpdated Sep 22, 2026Float Shares
116.04MSharesUpdated Sep 22, 2026% Held by Insiders
35.06%vs all stocks
% Held by Institutions
7.97%vs all stocks
Total Cash (MRQ)
537.29MCNY80.20M · vs all stocks (USD)
Total Cash per Share (MRQ)
2.73CNYUpdated Sep 22, 2026Total Debt (MRQ)
1.14BCNY169.92M · vs all stocks (USD)
Total Debt to Equity (MRQ)
0.5430xvs Specialty Chemicals peers
Current Ratio (MRQ)
1.89xvs Specialty Chemicals peers
Book Value per Share (MRQ)
10.59CNYUpdated Sep 22, 2026Total Assets
3.51BCNY524.18M · vs all stocks (USD)
Total Current Assets
1.21BCNYFY2025 · Dec 31, 2025Total Liabilities
1.39BCNYFY2025 · Dec 31, 2025Total Non-current Assets
2.30BCNYFY2025 · Dec 31, 2025Total Non-current Liabilities
882.87MCNYFY2025 · Dec 31, 2025Total Current Liabilities
510.91MCNYFY2025 · Dec 31, 2025Cash
489.03MCNYFY2025 · Dec 31, 2025Cash Equivalents
0.00CNYFY2025 · Dec 31, 2025Cash & Cash Equivalents
489.03MCNYFY2025 · Dec 31, 2025Other Short-term Investments
121.44MCNYFY2025 · Dec 31, 2025Accounts Receivable
313.37MCNYFY2025 · Dec 31, 2025Inventory
166.55MCNYFY2025 · Dec 31, 2025Accounts Payable
288.03MCNYFY2025 · Dec 31, 2025Short-term Debt
143.80MCNYFY2025 · Dec 31, 2025Other Current Liabilities
25.46MCNYFY2025 · Dec 31, 2025Long-term Debt
779.20MCNYFY2025 · Dec 31, 2025Common Stock (Book)
199.78MCNYFY2025 · Dec 31, 2025Retained Earnings
211.69MCNYFY2025 · Dec 31, 2025Total Shareholders' Equity
2.12BCNY316.13M · vs all stocks (USD)
Treasury Stock
80.21MCNYFY2025 · Dec 31, 202552-Week Low
21.88CNYUpdated Sep 22, 202652-Week High
48.25CNYUpdated Sep 22, 202652-Week Change
7.40%vs all stocks
Beta
1.11xvs all stocks
50-Day MA
28.71CNYUpdated Sep 22, 2026200-Day MA
31.55CNYUpdated Sep 22, 2026Avg 10-Day Volume
4.44MSharesUpdated Sep 22, 2026Avg 30-Day Volume
5.35MSharesUpdated Sep 22, 2026Diluted EPS (TTM)
0.0400CNYUpdated Sep 22, 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 729.25×, higher than 95% of its Specialty Chemicals peers (median 34.58×)Significant
P/E ratio: 729.25Industry median: 34.58Industry P95: 188.275Peers compared: 282
Structural Tensions
Revenue is growing, but receivables have grown faster over the last six to eight yearsSignificant
Revenue Growth YoY: 0.48Receivables vs revenue divergence: 2.19
Earnings significantly exceed cash generationSignificant
Net Income (USD, TTM): 1,058,498.05Operating Cash Flow (USD, TTM): -3,622,455.402
Financial Health
Low earnings qualitySignificant
Earnings Quality Score: -1.35
Altman Z-Score 2.99: safe zoneNotable
Altman Z-Score: 2.99
Supply Chain
Downstream position: depends on 10 industries, supplies 6Notable
Outgoing: 6.00Incoming: 10.00
High connectivity hub: 16 industry connectionsNotable
Total Connections: 16.00
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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.
Natural Rubber Supply Chain
Follow natural rubber from tree and tapping through coagulation, grading, compounding, vulcanization, service, and recovery. The chain preserves some properties while closing others, and money arrives on a faster clock than a new stand of trees.