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Shandong Dawn Polymer Co 002838.SZ · CNY

Materials · Shenzhen · 🇨🇳 China

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19.70

+0.25%

Close of 9 Nov 2026, in CNY

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Reference data, closing prices and charts across 45,000 companies, plus crypto, commodities and currencies.

At a glance

Figures in CNY, from our data supplier.

FY2025

Revenue

CN¥6.06bn

FY2016FY2025

Net income

CN¥188.9m

FY2016FY2025

Free cash flow

−CN¥211.6m

FY2016FY2025

Shareholders' equity

CN¥3.64bn

FY2016FY2025

Income statement

Fiscal years

FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
RevenueCN¥6.06bnCN¥5.30bnCN¥4.54bnCN¥4.53bnCN¥4.26bnCN¥4.42bnCN¥2.74bnCN¥1.36bnCN¥934.1mCN¥799.7m
Gross profitCN¥782.3mCN¥619.2mCN¥530.1mCN¥432.8mCN¥512.8mCN¥1.20bnCN¥451.1mCN¥236.6mCN¥187.6mCN¥189.7m
Research and developmentCN¥279.6mCN¥258.9mCN¥185.3mCN¥164.8mCN¥156.4mCN¥181.7mCN¥98.9mCN¥40.4mCN¥26.6mCN¥32.0m
Operating incomeCN¥297.9mCN¥177.8mCN¥169.6mCN¥134.0mCN¥252.3mCN¥929.9mCN¥199.4mCN¥125.5mCN¥106.4mCN¥93.6m
Net incomeCN¥188.9mCN¥140.9mCN¥140.0mCN¥152.4mCN¥226.1mCN¥855.1mCN¥166.2mCN¥122.4mCN¥93.8mCN¥79.3m
Diluted earnings per share0.400.320.310.330.552.120.410.300.230.26

Balance sheet

At each fiscal year end

FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Total assetsCN¥7.38bnCN¥6.34bnCN¥5.10bnCN¥4.94bnCN¥3.15bnCN¥2.97bnCN¥1.92bnCN¥1.73bnCN¥990.6mCN¥1.01bn
Cash and short-term investments—CN¥502.4mCN¥531.9mCN¥823.7mCN¥359.7mCN¥593.9mCN¥265.7mCN¥143.9mCN¥82.0mCN¥330.2m
Total liabilitiesCN¥3.55bnCN¥3.04bnCN¥1.84bnCN¥1.84bnCN¥962.4mCN¥970.2mCN¥764.3mCN¥732.1mCN¥148.1mCN¥227.0m
DebtCN¥371.6mCN¥1.41bnCN¥850.0mCN¥633.7mCN¥453.3mCN¥317.0mCN¥407.7mCN¥353.0m—CN¥84.0m
Shareholders' equityCN¥3.64bnCN¥3.12bnCN¥3.08bnCN¥3.00bnCN¥2.09bnCN¥1.92bnCN¥1.08bnCN¥944.8mCN¥842.5mCN¥763.0m
Shares outstanding474m440m446m455m413m403m403m403m403m306m

Cash flow

Fiscal years

FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Cash from operations−CN¥75.8m−CN¥301.5m−CN¥42.8m−CN¥39.0m−CN¥164.0mCN¥860.1mCN¥187.8mCN¥30.4mCN¥33.6mCN¥44.7m
Capital spending−CN¥135.8m−CN¥234.8m−CN¥245.4m−CN¥385.7m−CN¥229.6m−CN¥187.9m−CN¥76.0m−CN¥89.9m−CN¥86.8m−CN¥49.8m
Free cash flow−CN¥211.6m−CN¥536.3m−CN¥288.1m−CN¥424.8m−CN¥393.6mCN¥672.2mCN¥111.8m−CN¥59.5m−CN¥53.2m−CN¥5.2m
Dividends paid−CN¥85.6m−CN¥44.2m−CN¥31.3m−CN¥22.5m−CN¥81.6m−CN¥150.2m−CN¥25.2m−CN¥31.3m−CN¥21.0m−CN¥4.0m

Latest quarters

By quarter end

Jun 2026Mar 2026Dec 2025Sept 2025Jun 2025Mar 2025Dec 2024Sept 2024
RevenueCN¥2.26bnCN¥1.72bnCN¥1.60bnCN¥1.57bnCN¥1.60bnCN¥1.29bnCN¥1.53bnCN¥1.45bn
Gross profitCN¥390.5mCN¥252.0mCN¥242.3mCN¥200.4mCN¥158.4mCN¥172.7mCN¥197.0mCN¥160.2m
Operating incomeCN¥196.2mCN¥124.5mCN¥94.4mCN¥62.2mCN¥49.9mCN¥60.1mCN¥36.6mCN¥48.3m
Net incomeCN¥117.9mCN¥119.1mCN¥58.3mCN¥46.5mCN¥39.8mCN¥44.3mCN¥42.7mCN¥31.4m
Diluted earnings per share0.250.250.120.100.080.090.100.07
Cash from operations———−CN¥110.0mCN¥70.0m−CN¥125.0m—−CN¥57.0m
Capital spending−CN¥74.0m−CN¥25.0m—−CN¥28.0m−CN¥119.0m−CN¥26.0m−CN¥103.0m−CN¥38.0m
Free cash flow———−CN¥138.0m−CN¥49.0m−CN¥151.0m—−CN¥95.0m
Total assetsCN¥8.74bnCN¥8.68bnCN¥7.38bnCN¥6.96bnCN¥6.80bnCN¥6.69bnCN¥6.34bnCN¥5.80bn
Cash and short-term investments———CN¥333.8mCN¥467.9mCN¥585.2mCN¥502.4mCN¥463.7m
DebtCN¥692.5mCN¥527.4mCN¥371.6mCN¥1.08bnCN¥1.31bnCN¥1.59bnCN¥1.39bnCN¥1.27bn
Shareholders' equityCN¥3.84bnCN¥3.76bnCN¥3.64bnCN¥3.60bnCN¥3.55bnCN¥3.23bnCN¥3.12bnCN¥3.08bn

Financial ratios

Data as of 2 Oct 2026

FY2025FY2024FY2023FY2022FY2021FY2020
Gross margin12.9%11.7%11.7%9.6%12.0%27.0%
Operating margin4.9%3.4%3.7%3.0%5.9%21.0%
Net margin3.1%2.7%3.1%3.4%5.3%19.3%
Return on equity5.2%4.5%4.5%5.1%10.8%44.5%
Return on assets2.6%2.2%2.7%3.1%7.2%28.8%
Free cash flow yield0.5%-0.6%1.9%3.1%0.6%10.6%
Revenue growth14.2%16.7%0.4%6.2%-3.6%61.7%
Earnings growth34.0%0.7%-8.2%-32.6%-73.6%414.5%
Current ratio1.57x1.67x2.22x2.40x3.48x3.53x
Debt to equity0.10x0.45x0.27x0.21x0.21x0.15x
Equity ratio49.3%49.2%60.4%60.7%66.3%64.7%
Interest coverage5.80x3.37x4.92x6.54x6.89x41.36x
R&D as a share of sales4.6%4.9%4.1%3.6%3.7%4.1%
Buybacks as a share of market value-7.7%1.4%2.1%-10.4%-2.3%-0.0%

Growth per year

Compound annual rate

3 years5 years10 years
Revenue10.2%6.5%25.5%
Operating income30.5%-20.4%15.7%
Net income7.4%-26.1%12.2%

Average margins

Over each period

1 year3 years5 years10 years
Gross margin12.3%11.6%14.0%14.8%
Operating margin4.2%3.8%6.7%7.2%
Net margin2.9%3.0%5.9%6.3%

Valuation history

At each fiscal year end

FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017
Price to earnings60.436.840.852.829.912.125.922.617.3
Price to sales1.91.01.31.81.62.41.62.01.7

Dividends and splits

Per share, in the currency the company pays

Paid for 9 years. Last went ex-dividend on 26 Jun 2026.

FY2026FY2025FY2024FY2023FY2022FY2021FY2020FY2019
Paid in the year0.090.0950.100.070.0550.200.3690.063
  • 8-for-5 split · 10 Jun 2019
  • 2-for-1 split · 26 Apr 2018
  • 3-for-2 split · 28 Jun 2017

Sources and methodology

Data on this tab
Our data supplier
Chart on the Overview
TradingView

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