002391.SHE Jiangsu Changqing Agrochemical Co Ltd
- Market cap
- CNY 3.05B
- P/E
- 58.6x
- P/B
- 0.72x
- ROE
- 1.9%
- Dividend yield
- 3.20%
- Fundamental score
- -
Ratios use the latest price and the current fiscal year annualized from 3 quarters up to Sep 2026.
Is 002391.SHE undervalued?
Graham number002391.SHE trades 36.8% 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?
Jiangsu Changqing Agrochemical Co Ltd fundamental analysis
No fundamental analysis for Jiangsu Changqing Agrochemical Co Ltd yet.
Jiangsu Changqing Agrochemical Co Ltd stock price
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About Jiangsu Changqing Agrochemical Co Ltd
Jiangsu Changqing Agrochemical Co., Ltd. engages in the research and development, production, and sale of pesticides in China. The company offers insecticide products, such as imidacloprid, acetamiprid, fipronil, diafenthiuron, thiamethoxam, lambda-cyhalothrin, bifenthrin, lufenuron, triazophos, pymetrozine, methoxyfenozide, chlorpyrifos, clothianidin, and indoxacarb. It also provides herbicide products, including acifluorfen, fomesafen, fluoroglycofen, lactofen, nicosulfuro…
Full company profileJiangsu Changqing Agrochemical Co Ltd 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.
Jiangsu Changqing Agrochemical Co Ltd 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 | 1.83B | 2.25B | 3.00B | 3.38B | 3.01B | 3.76B | 4.24B | 3.61B | 3.52B | 3.69B | 4.04B |
| Gross Profit | 434M | 600M | 760M | 849M | 550M | 659M | 731M | 518M | 281M | 509M | 586M |
| Operating Income | 186M | 280M | 387M | 440M | 226M | 285M | 285M | 72.7M | -145M | 127M | 195M |
| EBITDA | 338M | 473M | 584M | 667M | 453M | 560M | 642M | 481M | 247M | 517M | 151M |
| Net Income | 163M | 228M | 319M | 371M | 195M | 249M | 262M | 73.1M | -120M | 40.5M | 81.1M |
| EPS | 0.30 | 0.42 | 0.59 | 0.56 | 0.31 | 0.38 | 0.40 | 0.11 | -0.19 | 0.06 | 0.12 |
| Balance Sheet | |||||||||||
| Total Assets | 3.99B | 3.83B | 4.07B | 5.14B | 5.67B | 6.87B | 7.47B | 8.05B | 8.64B | 8.72B | 9.35B |
| Total Liabilities | 1.05B | 764M | 796M | 1.67B | 1.30B | 2.36B | 2.82B | 3.47B | 4.41B | 4.47B | 5.16B |
| Shareholders' Equity | 2.93B | 3.05B | 3.26B | 3.46B | 4.35B | 4.50B | 4.64B | 4.58B | 4.23B | 4.25B | 4.19B |
| Cash & Short-term Investments | 411M | 172M | 347M | 984M | 933M | 1.11B | 1.05B | 676M | 615M | 299M | 352M |
| Total Debt | 720M | 360M | 370M | 1.11B | 607M | 1.56B | 1.69B | 2.02B | 2.85B | - | - |
| Cash Flow | |||||||||||
| Operating Cash Flow | 194M | 515M | 609M | 374M | 347M | 429M | 845M | -77.9M | 318M | 606M | - |
| Capital Expenditure | 291M | 235M | 333M | 424M | 576M | 1.03B | 861M | 1.04B | 1.11B | 629M | 717M |
| Free Cash Flow | -96.8M | 280M | 275M | -49.7M | -229M | -600M | -15.5M | -1.13B | -796M | -23.0M | -484M |
| Ratios | |||||||||||
| ROE | 5.6% | 7.5% | 9.8% | 10.7% | 4.5% | 5.5% | 5.7% | 1.6% | -2.8% | 1.0% | 1.9% |
| ROA | 4.1% | 6.0% | 7.8% | 7.2% | 3.4% | 3.6% | 3.5% | 0.9% | -1.4% | 0.5% | 0.9% |
| Net Profit Margin | 8.9% | 10.1% | 10.6% | 11.0% | 6.5% | 6.6% | 6.2% | 2.0% | -3.4% | 1.1% | 2.0% |
| Debt to Equity | 0.25x | 0.12x | 0.11x | 0.32x | 0.14x | 0.35x | 0.36x | 0.44x | 0.67x | - | - |
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.
Jiangsu Changqing Agrochemical Co Ltd dividends
- Dividend yield
- 3.20%
- Forward dividend
- 0.20 CNY
- Payout ratio
- 240.4%
- Ex-dividend date
- Jun 16, 2026
| Fiscal year | Dividends paid | Per share | Payout ratio |
|---|---|---|---|
| 2025 | CNY 97.4M | 0.15 | 240.4% |
| 2024 | CNY 220M | 0.35 | - |
| 2023 | CNY 207M | 0.32 | 283.5% |
| 2022 | CNY 130M | 0.20 | 49.5% |
| 2021 | CNY 131M | 0.20 | 52.6% |
| 2020 | CNY 132M | 0.21 | 67.7% |
| 2019 | CNY 108M | 0.16 | 29.1% |
| 2018 | CNY 133M | 0.25 | 41.5% |
| 2017 | CNY 138M | 0.26 | 60.6% |
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: 1.5:1 on May 8, 2019.
Who owns Jiangsu Changqing Agrochemical Co Ltd
- Insiders 52.69%
- Institutions 1.99%
- Public & others 45.32%
- Shares outstanding 650M
- Free float 307M
Jiangsu Changqing Agrochemical Co Ltd company profile
- Company name
- Jiangsu Changqing Agrochemical Co Ltd
- Ticker
- 002391.SHE
- ISIN
- CNE100000NF7
- Exchange
- Shenzhen Stock Exchange
- Listed since
- Apr 16, 2010
- Sector
- Basic Materials
- Industry
- Chemicals
- Employees
- 2,342
- Fiscal year end
- December
- Address
- No. 1006 Wenchang East Road, Yangzhou, China, 225200
- Phone
- 86 514 86424918
- Website
- jscq.com
About Jiangsu Changqing Agrochemical Co Ltd
Jiangsu Changqing Agrochemical Co., Ltd. engages in the research and development, production, and sale of pesticides in China. The company offers insecticide products, such as imidacloprid, acetamiprid, fipronil, diafenthiuron, thiamethoxam, lambda-cyhalothrin, bifenthrin, lufenuron, triazophos, pymetrozine, methoxyfenozide, chlorpyrifos, clothianidin, and indoxacarb. It also provides herbicide products, including acifluorfen, fomesafen, fluoroglycofen, lactofen, nicosulfuron, clomazone, clethodim, dicamba, s-metolachlor, bormoxynil octanoate, clodinafop-propargyl, cyhalofop-butyl, glufosinate ammonium, glyphosate, imazethapyr, prosulfuron, triasulfuron, mesotrione, benazolin, pretilachlor, haloxyfop-p-methyl, and mesosulfuron. In addition, the company offers fungicide comprising tricyclazole, fenoxanil, epoxiconazole, dimethomorph, difenoconazole, fluazinam, cyproconazole, propiconazole, tebuconazole, and azoxystrobin. It also exports its products to approximate 20 countries and regions in North and South America, Europe, Africa, and Southeast Asia. The company was founded in 1970 and is headquartered in Yangzhou, China.
Jiangsu Changqing Agrochemical Co Ltd management
10- Mr. Yu GuoquanChairman of the Board · born 1960
- Mr. Xialin SunGM & Non-Independent Director · born 1973
- Mr. Changqing Ma CPACFO & Secretary · born 1977
- Mr. Gang DuDeputy GM & Non-Independent Director · born 1969
- Mr. Liang Zhong LuChief Engineer · born 1968
- Mr. Qingzhu KongDeputy General Manager · born 1976
- Mr. He ZhaoDeputy General Manager · born 1970
- Mr. Hui WangDeputy General Manager · born 1978
- Mr. Jian LiDeputy General Manager · born 1976
- Mr. Cheng LiDeputy General Manager · born 1983