002324.SHE Shanghai Pret Composites
- Market cap
- CNY 8.94B
- P/E
- 61.8x
- P/B
- 1.90x
- ROE
- 2.9%
- Dividend yield
- 1.80%
- Fundamental score
- -
Ratios use the latest price and the current fiscal year annualized from 3 quarters up to Sep 2026.
Is 002324.SHE undervalued?
Graham number002324.SHE trades 128.8% above its Graham number.
Graham number = √(22.5 × EPS × book value per share): the most a defensive investor should pay according to Benjamin Graham. An estimate, not a recommendation to buy or sell. How is it calculated?
Shanghai Pret Composites fundamental analysis
No fundamental analysis for Shanghai Pret Composites yet.
Shanghai Pret Composites stock price
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About Shanghai Pret Composites
Shanghai Pret Composites Co., Ltd. engages in the research and development, production, sale, and service of polymer and composite materials in China. It offers modified PP, ABS, PS, PE, PA, polyester, PEEK, PPS, PPA, and PPO materials use in automotive parts, electronic appliances, aerospace, two-wheeled vehicles, power and energy storage systems, low-altitude flight, robotics, and other fields; and LCP resin, LCP composites, LCP film, and LCP fiber materials for high-frequ…
Full company profileShanghai Pret Composites financial statements
2026 annualized: Fiscal year 2026 is not finished. Income statement and cash flow are annualized from 3 quarters up to Sep 30, 2026, the balance sheet is the latest quarter. Figures change when the annual report is published.
Shanghai Pret Composites annual financial statements (CNY; K = thousand, M = million, B = billion, T = trillion)
| Item | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 Anlz |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Income Statement | |||||||||||
| Revenue | 3.16B | 3.40B | 3.67B | 3.60B | 4.45B | 4.87B | 6.76B | 8.71B | 8.31B | 9.90B | 11.7B |
| Gross Profit | 817M | 611M | 609M | 663M | 920M | 525M | 938M | 1.39B | 1.07B | 1.38B | 1.20B |
| Operating Income | 309M | 159M | 64.7M | 182M | 458M | 34.4M | 210M | 496M | 143M | 525M | 219M |
| EBITDA | 490M | 268M | 219M | 289M | 582M | 164M | 395M | 783M | 506M | 843M | 249M |
| Net Income | 278M | 174M | 72.3M | 165M | 396M | 23.7M | 202M | 468M | 141M | 367M | 137M |
| EPS | 0.34 | 0.21 | 0.09 | 0.16 | 0.39 | 0.02 | 0.20 | 0.45 | 0.13 | 0.33 | 0.12 |
| Balance Sheet | |||||||||||
| Total Assets | 3.44B | 3.84B | 3.89B | 3.89B | 4.42B | 4.62B | 8.61B | 11.9B | 11.7B | 12.8B | 14.3B |
| Total Liabilities | 1.32B | 1.58B | 1.59B | 1.50B | 1.68B | 2.00B | 5.50B | 7.27B | 7.08B | 7.97B | 9.30B |
| Shareholders' Equity | 2.12B | 2.26B | 2.30B | 2.39B | 2.70B | 2.60B | 2.84B | 4.32B | 4.31B | 4.64B | 4.70B |
| Cash & Short-term Investments | 127M | 153M | 202M | 215M | 317M | 488M | 410M | 1.47B | 953M | 1.20B | 1.14B |
| Total Debt | 717M | 1.09B | 1.11B | 992M | 985M | 1.29B | 3.15B | 3.70B | 4.11B | - | - |
| Cash Flow | |||||||||||
| Operating Cash Flow | 126M | -183M | 193M | 353M | 414M | -136M | -112M | 836M | -197M | 1.14B | - |
| Capital Expenditure | 147M | 56.4M | 65.1M | 53.5M | 112M | 77.4M | 132M | 969M | 727M | 808M | 641M |
| Free Cash Flow | -21.6M | -239M | 128M | 300M | 302M | -214M | -244M | -134M | -923M | 330M | -529M |
| Ratios | |||||||||||
| ROE | 13.1% | 7.7% | 3.1% | 6.9% | 14.7% | 0.9% | 7.1% | 10.9% | 3.3% | 7.9% | 2.9% |
| ROA | 8.1% | 4.5% | 1.9% | 4.2% | 9.0% | 0.5% | 2.3% | 3.9% | 1.2% | 2.9% | 1.0% |
| Net Profit Margin | 8.8% | 5.1% | 2.0% | 4.6% | 8.9% | 0.5% | 3.0% | 5.4% | 1.7% | 3.7% | 1.2% |
| Debt to Equity | 0.34x | 0.49x | 0.48x | 0.41x | 0.37x | 0.49x | 1.11x | 0.86x | 0.95x | - | - |
What these items mean
- Revenue
- Total sales of goods and services in the period.
- Gross Profit
- Revenue minus the direct cost of producing what was sold.
- Operating Income
- Profit from the core business after operating expenses.
- EBITDA
- Earnings before interest, taxes, depreciation and amortization.
- Net Income
- Profit left for shareholders after all expenses, interest and taxes.
- EPS
- Net income divided by shares outstanding.
- Total Assets
- Everything the company owns.
- Total Liabilities
- Everything the company owes.
- Shareholders' Equity
- Assets minus liabilities: the book value that belongs to shareholders.
- Cash & Short-term Investments
- Cash and investments that can be turned into cash quickly.
- Total Debt
- Short and long-term borrowings.
- Operating Cash Flow
- Cash generated by the core business.
- Capital Expenditure
- Cash spent on property, plant and equipment.
- Free Cash Flow
- Operating cash flow minus capital expenditure: cash left for dividends, buybacks or debt repayment.
- ROE
- Return on equity: net income divided by shareholders' equity.
- ROA
- Return on assets: net income divided by total assets.
- Net Profit Margin
- Net income as a share of revenue.
- Debt to Equity
- Total debt divided by shareholders' equity.
Shanghai Pret Composites dividends
- Dividend yield
- 1.80%
- Forward dividend
- 0.06 CNY
- Payout ratio
- 43.9%
- Ex-dividend date
- Jun 12, 2026
| Fiscal year | Dividends paid | Per share | Payout ratio |
|---|---|---|---|
| 2025 | CNY 161M | 0.14 | 43.9% |
| 2024 | CNY 191M | 0.17 | 135.2% |
| 2023 | CNY 149M | 0.14 | 31.7% |
| 2022 | CNY 253M | 0.25 | 125.1% |
| 2021 | CNY 42.3M | 0.04 | 177.9% |
| 2020 | CNY 91.6M | 0.09 | 23.2% |
| 2019 | CNY 128M | 0.13 | 77.5% |
| 2018 | CNY 79.7M | 0.10 | 110.1% |
| 2017 | CNY 69.2M | 0.08 | 39.7% |
From the cash flow statement: dividends paid in the fiscal year, divided by that year's shares outstanding. Payout ratio = dividends paid / net income.
Last stock split: 1.2:1 on May 28, 2021.
Who owns Shanghai Pret Composites
- Insiders 45.82%
- Institutions 1.35%
- Public & others 52.84%
- Shares outstanding 1.11B
- Free float 652M
Shanghai Pret Composites company profile
- Company name
- Shanghai Pret Composites
- Ticker
- 002324.SHE
- ISIN
- CNE100000J34
- Exchange
- Shenzhen Stock Exchange
- Listed since
- Dec 18, 2009
- Sector
- Basic Materials
- Industry
- Chemicals
- Employees
- 4,171
- Fiscal year end
- December
- Address
- Qingpu Industrial Park, Shanghai, China, 201707
- Phone
- 86 21 3111 5900
- Website
- pret.com.cn
About Shanghai Pret Composites
Shanghai Pret Composites Co., Ltd. engages in the research and development, production, sale, and service of polymer and composite materials in China. It offers modified PP, ABS, PS, PE, PA, polyester, PEEK, PPS, PPA, and PPO materials use in automotive parts, electronic appliances, aerospace, two-wheeled vehicles, power and energy storage systems, low-altitude flight, robotics, and other fields; and LCP resin, LCP composites, LCP film, and LCP fiber materials for high-frequency and high-speed connectors, cooling fans, electronic packaging, etc. The company is also involved in research and development, production and sales of ternary lithium-ion batteries, lithium iron phosphate batteries, sodium-ion batteries, solid-state batteries and their systems. In addition, it provides glass fiber reinforced material; special engineering plastics; and LCP modified materials. Shanghai Pret Composites Co., Ltd. was founded in 1993 and is based in Shanghai, China.
Shanghai Pret Composites management
6- Mr. Wen ZhouGM & Chairman of the Board · born 1965
- Mr. Zhenlun ZhouVice Chairman, CFO & Deputy GM · born 1993
- Mr. Qing CaiDeputy GM & Secretary of the Board of Directors · born 1981
- Mr. Hong LiDeputy General Manager · born 1974
- Ms. Ying CaiDeputy General Manager · born 1981
- Mr. Yi Hao ShenAccounting Supervisor