002838.SHE Shandong Dawn Polymer Co Ltd
- Market cap
- CNY 9.36B
- P/E
- 22.5x
- P/B
- 2.32x
- ROE
- 11.4%
- Dividend yield
- 0.91%
- Fundamental score
- -
Ratios use the latest price and the current fiscal year annualized from 3 quarters up to Sep 2026.
Is 002838.SHE undervalued?
Graham number002838.SHE trades 52.1% 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?
Shandong Dawn Polymer Co Ltd fundamental analysis
No fundamental analysis for Shandong Dawn Polymer Co Ltd yet.
Shandong Dawn Polymer Co Ltd stock price
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About Shandong Dawn Polymer Co Ltd
Shandong Dawn Polymer Co.,Ltd. develops, produces, sells, and services thermoplastic elastomer, modified plastic, master batch, and other products in China and internationally. The company offers TPV/TPE; thermoplastic polyurethanes; modified PP, modified ABS, modified PBT, modified nylon, alloy materials, non-woven melt blown materials, masterbatch, and other special engineering plastics; and bio-based materials, biodegradable materials, and melt-blown materials. It serves …
Full company profileShandong Dawn Polymer 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.
Shandong Dawn Polymer 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 | 800M | 934M | 1.36B | 2.74B | 4.42B | 4.26B | 4.53B | 4.54B | 5.30B | 6.06B | 8.33B |
| Gross Profit | 190M | 188M | 237M | 451M | 1.20B | 513M | 433M | 530M | 619M | 782M | 1.31B |
| Operating Income | 89.5M | 105M | 140M | 199M | 930M | 258M | 168M | 170M | 155M | 298M | 621M |
| EBITDA | 119M | 131M | 154M | 256M | 973M | 327M | 218M | 273M | 314M | 448M | 658M |
| Net Income | 79.3M | 93.8M | 122M | 166M | 855M | 226M | 152M | 140M | 141M | 189M | 450M |
| EPS | 0.26 | 0.23 | 0.30 | 0.41 | 2.07 | 0.55 | 0.36 | 0.31 | 0.32 | 0.39 | 0.94 |
| Balance Sheet | |||||||||||
| Total Assets | 1.01B | 991M | 1.73B | 1.92B | 2.97B | 3.15B | 4.94B | 5.10B | 6.34B | 7.38B | 8.78B |
| Total Liabilities | 227M | 148M | 732M | 764M | 970M | 962M | 1.84B | 1.84B | 3.04B | 3.55B | 4.48B |
| Shareholders' Equity | 763M | 843M | 945M | 1.08B | 1.92B | 2.09B | 3.00B | 3.08B | 3.12B | 3.64B | 3.93B |
| Cash & Short-term Investments | 330M | 82.0M | 144M | 266M | 594M | 360M | 824M | 532M | 502M | 661M | 657M |
| Total Debt | 84.0M | - | 353M | 408M | 317M | 453M | 634M | 850M | 1.41B | - | - |
| Cash Flow | |||||||||||
| Operating Cash Flow | 44.7M | 33.6M | 30.4M | 188M | 860M | -164M | -39.0M | -42.8M | -301M | -75.8M | - |
| Capital Expenditure | 49.8M | 86.8M | 89.9M | 76.0M | 188M | 230M | 386M | 245M | 235M | 136M | 332M |
| Free Cash Flow | -5.15M | -53.2M | -59.5M | 112M | 672M | -394M | -425M | -288M | -536M | -212M | -209M |
| Ratios | |||||||||||
| ROE | 10.4% | 11.1% | 13.0% | 15.3% | 44.5% | 10.8% | 5.1% | 4.5% | 4.5% | 5.2% | 11.4% |
| ROA | 7.9% | 9.5% | 7.1% | 8.7% | 28.8% | 7.2% | 3.1% | 2.7% | 2.2% | 2.6% | 5.1% |
| Net Profit Margin | 9.9% | 10.0% | 9.0% | 6.1% | 19.3% | 5.3% | 3.4% | 3.1% | 2.7% | 3.1% | 5.4% |
| Debt to Equity | 0.11x | - | 0.37x | 0.38x | 0.16x | 0.22x | 0.21x | 0.28x | 0.45x | - | - |
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.
Shandong Dawn Polymer Co Ltd dividends
- Dividend yield
- 0.91%
- Forward dividend
- 0.30 CNY
- Payout ratio
- 45.3%
- Ex-dividend date
- Oct 22, 2026
| Fiscal year | Dividends paid | Per share | Payout ratio |
|---|---|---|---|
| 2025 | CNY 85.6M | 0.18 | 45.3% |
| 2024 | CNY 44.2M | 0.10 | 31.4% |
| 2023 | CNY 31.3M | 0.07 | 22.4% |
| 2022 | CNY 22.5M | 0.05 | 14.8% |
| 2021 | CNY 81.6M | 0.20 | 36.1% |
| 2020 | CNY 150M | 0.36 | 17.6% |
| 2019 | CNY 25.2M | 0.06 | 15.2% |
| 2018 | CNY 31.3M | 0.08 | 25.6% |
| 2017 | CNY 21.0M | 0.05 | 22.4% |
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: 1.6:1 on Jun 10, 2019.
Who owns Shandong Dawn Polymer Co Ltd
- Insiders 63.49%
- Institutions 5.21%
- Public & others 31.31%
- Shares outstanding 478M
- Free float 194M
Shandong Dawn Polymer Co Ltd company profile
- Company name
- Shandong Dawn Polymer Co Ltd
- Ticker
- 002838.SHE
- ISIN
- CNE100002CD1
- Exchange
- Shenzhen Stock Exchange
- Sector
- Basic Materials
- Industry
- Chemicals
- Employees
- 2,383
- Fiscal year end
- December
- Address
- Daoen Economic Park Industrial Park, Longkou, China, 265701
- Phone
- 86 53 5886 8588
- Website
- dawnprene.com
About Shandong Dawn Polymer Co Ltd
Shandong Dawn Polymer Co.,Ltd. develops, produces, sells, and services thermoplastic elastomer, modified plastic, master batch, and other products in China and internationally. The company offers TPV/TPE; thermoplastic polyurethanes; modified PP, modified ABS, modified PBT, modified nylon, alloy materials, non-woven melt blown materials, masterbatch, and other special engineering plastics; and bio-based materials, biodegradable materials, and melt-blown materials. It serves automotive, home appliances, electronic and electrical, rail transportation, aerospace, medical and health care, constructional engineering, sanitary ware, sports equipment, industrial products, civilian products, packaging, catering, and other fields. The company was incorporated in 2002 and is headquartered in Longkou, China.
Shandong Dawn Polymer Co Ltd management
7- Mr. Hong Chi TianGM & Director · born 1976
- Mr. Yuan Yong ZouDeputy GM & Financial Director · born 1965
- Mr. Zefang WangExecutive Vice President · born 1981
- Mr. Youqing WangDeputy GM & Secretary of the Board of Directors · born 1982
- Ms. Di WuDeputy General Manager · born 1982
- Mr. Xiangwei ZhaoDeputy General Manager · born 1979
- Zu Xu ZhengHead of the Accounting Department & Accounting Supervisor