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Shanghai Smith Adhesive New Material Co 603683.SS · CNY

Materials · Shanghai · 🇨🇳 China

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18.13

+10.01%

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¥2.17bn

FY2016FY2025

Net income

CN¥89.3m

FY2016FY2025

Free cash flow

CN¥30.6m

FY2016FY2025

Shareholders' equity

CN¥1.65bn

FY2016FY2025

Income statement

Fiscal years

FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
RevenueCN¥2.17bnCN¥1.88bnCN¥1.56bnCN¥1.41bnCN¥1.39bnCN¥1.04bnCN¥931.4mCN¥880.9mCN¥727.5mCN¥656.7m
Gross profitCN¥375.5mCN¥313.2mCN¥250.8mCN¥193.0mCN¥224.7mCN¥196.2mCN¥138.3mCN¥154.6mCN¥173.9mCN¥173.3m
Research and developmentCN¥85.9mCN¥67.3mCN¥55.4mCN¥47.4mCN¥61.8mCN¥39.2mCN¥33.2mCN¥25.4mCN¥31.9mCN¥29.3m
Operating incomeCN¥104.8mCN¥76.8mCN¥71.5mCN¥23.8mCN¥38.4mCN¥69.0mCN¥10.4mCN¥29.4mCN¥56.4mCN¥67.0m
Net incomeCN¥89.3mCN¥67.0mCN¥56.6mCN¥5.8mCN¥31.7mCN¥155.5mCN¥3.5mCN¥23.0mCN¥41.6mCN¥51.6m
Diluted earnings per share0.310.260.220.030.190.870.020.130.320.40

Balance sheet

At each fiscal year end

FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Total assetsCN¥3.16bnCN¥2.56bnCN¥2.13bnCN¥1.84bnCN¥1.76bnCN¥1.65bnCN¥1.51bnCN¥1.33bnCN¥1.16bnCN¥697.0m
Cash and short-term investments—CN¥201.7mCN¥378.7mCN¥280.6mCN¥264.0mCN¥247.7mCN¥178.3mCN¥158.0mCN¥245.8mCN¥118.5m
Total liabilitiesCN¥1.49bnCN¥1.22bnCN¥838.3mCN¥825.8mCN¥772.6mCN¥688.9mCN¥685.5mCN¥516.8mCN¥375.7mCN¥210.7m
DebtCN¥200.2mCN¥590.9mCN¥479.9mCN¥514.6mCN¥492.4mCN¥419.7mCN¥404.1mCN¥334.5mCN¥215.7mCN¥90.8m
Shareholders' equityCN¥1.65bnCN¥1.33bnCN¥1.28bnCN¥968.1mCN¥963.9mCN¥927.7mCN¥790.6mCN¥791.6mCN¥770.0mCN¥473.9m
Shares outstanding292m257m259m214m168m179m157m179m130m130m

Cash flow

Fiscal years

FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Cash from operationsCN¥199.8mCN¥276.2mCN¥147.8mCN¥191.6mCN¥126.2mCN¥77.8mCN¥88.2m−CN¥9.3mCN¥40.3mCN¥41.6m
Capital spending−CN¥169.2m−CN¥409.1m−CN¥152.9m−CN¥97.5m−CN¥110.9m−CN¥76.5m−CN¥207.4m−CN¥160.7m−CN¥180.7m−CN¥74.4m
Free cash flowCN¥30.6m−CN¥132.9m−CN¥5.0mCN¥94.2mCN¥15.2mCN¥1.3m−CN¥119.2m−CN¥170.0m−CN¥140.4m−CN¥32.8m
Dividends paid−CN¥44.8m−CN¥27.0m−CN¥38.8m−CN¥9.9m−CN¥6.5m−CN¥15.0m−CN¥6.3m−CN¥20.2m−CN¥10.4m−CN¥3.0m

Latest quarters

By quarter end

Jun 2026Mar 2026Dec 2025Sept 2025Jun 2025Mar 2025Dec 2024Sept 2024
RevenueCN¥583.8mCN¥530.4mCN¥662.0mCN¥558.9mCN¥508.6mCN¥438.0mCN¥526.0mCN¥502.6m
Gross profitCN¥109.8mCN¥91.8mCN¥121.6mCN¥93.7mCN¥80.9mCN¥73.7mCN¥77.4mCN¥93.1m
Operating incomeCN¥28.1mCN¥18.6mCN¥40.8mCN¥26.4mCN¥15.4mCN¥19.4mCN¥5.8mCN¥28.2m
Net incomeCN¥22.7mCN¥25.6mCN¥25.3mCN¥26.4mCN¥18.9mCN¥18.8mCN¥43,275CN¥26.3m
Diluted earnings per share0.080.090.090.090.060.060.000.10
Cash from operations———CN¥40.0mCN¥2.0mCN¥22.0mCN¥145.0mCN¥61.0m
Capital spending−CN¥19.0m−CN¥92.0m−CN¥53.0m−CN¥16.0m−CN¥45.0m−CN¥53.0m−CN¥87.0m−CN¥91.0m
Free cash flow———CN¥24.0m−CN¥43.0m−CN¥31.0mCN¥58.0m−CN¥30.0m
Total assetsCN¥3.29bnCN¥3.22bnCN¥3.16bnCN¥2.99bnCN¥2.98bnCN¥2.67bnCN¥2.56bnCN¥2.49bn
Cash and short-term investments———CN¥239.5mCN¥310.0mCN¥145.1mCN¥201.7mCN¥221.9m
DebtCN¥180.6mCN¥180.2mCN¥200.2mCN¥547.3mCN¥626.9mCN¥601.2mCN¥574.6mCN¥576.2m
Shareholders' equityCN¥1.72bnCN¥1.69bnCN¥1.65bnCN¥1.60bnCN¥1.57bnCN¥1.35bnCN¥1.33bnCN¥1.33bn

Financial ratios

Data as of 10 Oct 2026

FY2025FY2024FY2023FY2022FY2021FY2020
Gross margin17.3%16.6%16.1%13.6%16.1%18.9%
Operating margin4.8%4.9%5.4%3.7%4.2%6.6%
Net margin4.1%3.6%3.6%0.4%2.3%15.0%
Return on equity5.4%5.0%4.4%0.6%3.3%16.8%
Return on assets2.8%2.6%2.7%0.3%1.8%9.4%
Free cash flow yield8.6%18.1%7.9%9.2%9.6%5.9%
Revenue growth15.1%20.9%10.2%1.4%34.3%11.5%
Earnings growth33.3%18.5%872.8%-81.6%-79.6%4381.2%
Current ratio1.17x1.23x1.57x1.29x1.36x1.52x
Debt to equity0.12x0.43x0.36x0.47x0.49x0.42x
Equity ratio52.2%52.0%60.3%52.6%54.7%56.2%
Interest coverage5.23x4.64x3.56x2.23x2.64x3.37x
R&D as a share of sales4.0%3.6%3.6%3.4%4.4%3.8%
Buybacks as a share of market value-13.5%0.7%-21.2%-27.0%6.0%-14.1%

Growth per year

Compound annual rate

3 years5 years10 years
Revenue15.4%15.9%13.5%
Operating income64.0%8.7%6.1%
Net income148.6%-10.5%6.8%

Average margins

Over each period

1 year3 years5 years10 years
Gross margin17.0%16.1%16.4%17.7%
Operating margin4.5%3.9%4.1%4.6%
Net margin3.9%3.1%4.3%4.3%

Valuation history

At each fiscal year end

FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017
Price to earnings83.534.651.5291.660.98.8365.364.238.6
Price to sales3.41.21.91.21.41.31.41.72.2

Dividends and splits

Per share, in the currency the company pays

Paid for 8 years. Last went ex-dividend on 7 Jul 2026.

FY2026FY2025FY2024FY2023FY2022FY2021FY2020FY2019
Paid in the year0.100.090.0260.0920.0550.030.0710.03
  • 6-for-5 split · 17 May 2022
  • 7-for-5 split · 31 May 2021

Sources and methodology

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

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