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Jiangsu Lidao New Material Co 603937.SS · CNY

Materials · Shanghai · 🇨🇳 China

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10.08

-0.98%

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¥1.97bn

FY2016FY2025

Net income

−CN¥35.8m

FY2016FY2025

Free cash flow

CN¥12.3m

FY2016FY2025

Shareholders' equity

CN¥1.55bn

FY2016FY2025

Income statement

Fiscal years

FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
RevenueCN¥1.97bnCN¥1.58bnCN¥1.41bnCN¥1.60bnCN¥1.74bnCN¥1.37bnCN¥1.34bnCN¥1.30bnCN¥1.24bnCN¥1.13bn
Gross profitCN¥192.9mCN¥87.9mCN¥157.6mCN¥192.2mCN¥243.0mCN¥191.3mCN¥203.5mCN¥193.6mCN¥200.0mCN¥179.6m
Research and developmentCN¥58.0mCN¥36.4mCN¥26.9mCN¥33.1mCN¥28.4mCN¥18.2mCN¥21.2mCN¥19.8mCN¥17.2mCN¥9.9m
Operating income−CN¥6.6m−CN¥28.5mCN¥82.9mCN¥115.0mCN¥169.5mCN¥150.0mCN¥148.8mCN¥147.9mCN¥122.5mCN¥113.9m
Net income−CN¥35.8m−CN¥34.2mCN¥67.4mCN¥87.9mCN¥132.1mCN¥114.8mCN¥115.6mCN¥114.8mCN¥96.0mCN¥87.9m
Diluted earnings per share-0.18-0.100.310.410.630.530.540.530.500.55

Balance sheet

At each fiscal year end

FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Total assetsCN¥2.53bnCN¥2.53bnCN¥2.62bnCN¥1.88bnCN¥1.87bnCN¥1.85bnCN¥1.64bnCN¥1.45bnCN¥1.45bnCN¥837.9m
Cash and short-term investments—CN¥173.1mCN¥426.9mCN¥354.3mCN¥501.4mCN¥581.4mCN¥438.6mCN¥202.3mCN¥182.9mCN¥86.8m
Total liabilitiesCN¥979.4mCN¥939.4mCN¥973.7mCN¥305.8mCN¥348.4mCN¥348.7mCN¥218.4mCN¥127.0mCN¥235.6mCN¥138.7m
DebtCN¥274.0mCN¥263.2mCN¥252.3mCN¥34.9mCN¥10.1mCN¥20.0mCN¥10.0mCN¥1.0mCN¥10.0mCN¥8.0m
Shareholders' equityCN¥1.55bnCN¥1.59bnCN¥1.64bnCN¥1.57bnCN¥1.53bnCN¥1.50bnCN¥1.42bnCN¥1.32bnCN¥1.22bnCN¥699.1m
Shares outstanding202m343m221m216m211m215m216m215m191m161m

Cash flow

Fiscal years

FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Cash from operationsCN¥72.3m−CN¥195.8m−CN¥22.7mCN¥144.9m−CN¥17.2mCN¥136.2mCN¥148.9mCN¥43.7mCN¥56.1m−CN¥3.4m
Capital spending−CN¥60.0m−CN¥48.5m−CN¥239.2m−CN¥252.8m−CN¥39.6m−CN¥41.4m−CN¥98.4m−CN¥90.9m−CN¥18.8m−CN¥10.3m
Free cash flowCN¥12.3m−CN¥244.3m−CN¥261.9m−CN¥107.9m−CN¥56.8mCN¥94.7mCN¥50.6m−CN¥47.2mCN¥37.3m−CN¥13.7m
Dividends paid−CN¥1.2m−CN¥20.9m−CN¥27.2m−CN¥41.8m−CN¥104.4m−CN¥36.5m−CN¥16.7m−CN¥10.7m−CN¥421,225−CN¥301,152

Latest quarters

By quarter end

Jun 2026Mar 2026Dec 2025Sept 2025Jun 2025Mar 2025Dec 2024Sept 2024
RevenueCN¥572.7mCN¥527.5mCN¥601.8mCN¥499.8mCN¥461.1mCN¥410.9mCN¥461.0mCN¥418.6m
Gross profitCN¥44.5mCN¥48.4mCN¥27.4mCN¥26.6mCN¥20.0mCN¥13.3mCN¥8.0mCN¥33.8m
Operating incomeCN¥22.3mCN¥24.6mCN¥738,436CN¥14.2m−CN¥9.3m−CN¥10.9m−CN¥14.5m−CN¥22.6m
Net incomeCN¥9.6mCN¥25.9m−CN¥21.0mCN¥9.0m−CN¥11.5m−CN¥12.3m−CN¥30.8m−CN¥13.4m
Diluted earnings per share0.050.13-0.100.04-0.06-0.06-0.09-0.04
Cash from operations———CN¥27.0mCN¥3.0m—−CN¥87.0m−CN¥3.0m
Capital spending−CN¥52.0m−CN¥22.0m−CN¥48.0m—−CN¥2.0m−CN¥14.0m−CN¥39.0m−CN¥34.0m
Free cash flow————CN¥1.0m—−CN¥126.0m−CN¥37.0m
Total assetsCN¥2.67bnCN¥2.63bnCN¥2.53bnCN¥2.59bnCN¥2.61bnCN¥2.57bnCN¥2.53bnCN¥2.57bn
Cash and short-term investments———CN¥192.9mCN¥165.3mCN¥158.7mCN¥173.1mCN¥218.3m
DebtCN¥280.2mCN¥277.1mCN¥274.0mCN¥383.2mCN¥655.4mCN¥561.6mCN¥492.9mCN¥515.3m
Shareholders' equityCN¥1.59bnCN¥1.58bnCN¥1.55bnCN¥1.57bnCN¥1.56bnCN¥1.58bnCN¥1.59bnCN¥1.62bn

Financial ratios

Data as of 26 Oct 2026

FY2025FY2024FY2023FY2022FY2021FY2020
Gross margin9.8%5.6%11.2%12.0%13.9%14.0%
Operating margin-0.7%-1.0%6.0%7.2%9.7%11.0%
Net margin-1.8%-2.2%4.8%5.5%7.6%8.4%
Return on equity-2.3%-2.2%4.1%5.6%8.7%7.7%
Return on assets-1.4%-1.4%2.6%4.7%7.1%6.2%
Free cash flow yield6.0%-3.9%8.9%16.8%1.0%7.5%
Revenue growth25.0%12.2%-12.2%-8.1%27.7%2.1%
Earnings growth4.7%-150.8%-23.3%-33.5%15.1%-0.8%
Current ratio2.11x2.24x2.23x3.89x4.38x4.30x
Debt to equity0.18x0.17x0.32x0.02x0.01x0.01x
Equity ratio61.3%62.8%62.8%83.7%81.4%81.1%
Interest coverage-1.14x-1.34x36.21x91.11x214.52x111.22x
R&D as a share of sales2.9%2.3%1.9%2.1%1.6%1.3%
Buybacks as a share of market value41.0%-55.3%-2.4%-2.2%1.8%0.3%

Growth per year

Compound annual rate

3 years5 years10 years
Revenue7.2%7.6%6.9%

Average margins

Over each period

1 year3 years5 years10 years
Gross margin7.9%9.6%11.0%12.6%
Operating margin-1.0%2.5%5.0%6.9%
Net margin-2.0%1.3%3.4%5.1%

Valuation history

At each fiscal year end

FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017
Price to earnings-67.8-90.841.528.817.718.621.020.952.1
Price to sales1.22.02.01.61.31.61.81.84.0

Dividends and splits

Per share, in the currency the company pays

Paid for 0 years. Last went ex-dividend on 19 Jun 2024.

FY2024FY2023FY2022FY2021FY2020FY2019FY2018
Paid in the year0.0970.130.200.500.170.080.05

Sources and methodology

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

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