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002909.SHE Guangzhou Jointas Chemical Joint Stock Co Ltd
- Market cap
- CNY 2.10B
- P/E
- -
- P/B
- 2.38x
- ROE
- -1.2%
- Dividend yield
- 2.99%
- Fundamental score
- -
Ratios use the latest price and the current fiscal year annualized from 3 quarters up to Sep 2026.
Is 002909.SHE undervalued?
Graham numberThe Graham number of Guangzhou Jointas Chemical Joint Stock Co Ltd cannot be estimated reliably (it needs positive earnings and book value).
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?
Guangzhou Jointas Chemical Joint Stock Co Ltd fundamental analysis
No fundamental analysis for Guangzhou Jointas Chemical Joint Stock Co Ltd yet.
Guangzhou Jointas Chemical Joint Stock Co Ltd stock price
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About Guangzhou Jointas Chemical Joint Stock Co Ltd
Guangzhou Jointas Chemical Co., Ltd. engages in the research, development, production, and sales of adhesives in China. Its products are used in construction, containers, automobiles/electric vehicles, electronics, transportation, petrochemical equipment, steel structures, and engineering equipment. It sells its products under the Antai and Jitai brands. Guangzhou Jointas Chemical Co., Ltd. was founded in 1989 and is based in Guangzhou, China.
Full company profileGuangzhou Jointas Chemical Joint Stock 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.
Guangzhou Jointas Chemical Joint Stock 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 | 501M | 802M | 933M | 1.02B | 1.26B | 1.68B | 1.45B | 1.33B | 1.28B | 1.09B | 1.05B |
| Gross Profit | 192M | 233M | 226M | 353M | 390M | 352M | 311M | 333M | 322M | 278M | 238M |
| Operating Income | 51.3M | 53.4M | 27.0M | 104M | 137M | 52.8M | 13.8M | 13.1M | 13.5M | 21.6M | 9.49M |
| EBITDA | 68.1M | 70.6M | 47.7M | 134M | 177M | 106M | 81.6M | 95.6M | 98.7M | 71.9M | 6.73M |
| Net Income | 42.7M | 45.2M | 18.7M | 85.4M | 112M | 50.7M | 10.2M | 10.2M | 19.3M | -27.7M | -10.2M |
| EPS | 0.17 | 0.17 | 0.06 | 0.26 | 0.34 | 0.14 | 0.03 | 0.03 | 0.05 | -0.07 | -0.03 |
| Balance Sheet | |||||||||||
| Total Assets | 468M | 824M | 878M | 999M | 1.65B | 1.89B | 1.89B | 1.97B | 2.25B | 2.23B | 2.49B |
| Total Liabilities | 219M | 340M | 416M | 472M | 780M | 1.04B | 1.04B | 1.11B | 1.31B | 1.37B | 1.62B |
| Shareholders' Equity | 248M | 485M | 461M | 520M | 861M | 843M | 854M | 852M | 948M | 863M | 865M |
| Cash & Short-term Investments | 55.1M | 184M | 236M | 245M | 505M | 411M | 203M | 156M | 227M | 127M | 190M |
| Total Debt | 111M | 114M | 91.8M | 167M | 257M | 389M | 522M | 736M | 571M | - | - |
| Cash Flow | |||||||||||
| Operating Cash Flow | 55.7M | 73.8M | 108M | 48.9M | 194M | -3.03M | -3.04M | 183M | 310M | 119M | - |
| Capital Expenditure | 39.3M | 78.1M | 75.4M | 59.2M | 260M | 110M | 301M | 194M | 219M | 260M | 98.4M |
| Free Cash Flow | 16.4M | -4.31M | 32.9M | -10.4M | -66.2M | -113M | -304M | -11.5M | 90.8M | -141M | -185M |
| Ratios | |||||||||||
| ROE | 17.2% | 9.3% | 4.1% | 16.4% | 13.0% | 6.0% | 1.2% | 1.2% | 2.0% | -3.2% | -1.2% |
| ROA | 9.1% | 5.5% | 2.1% | 8.6% | 6.8% | 2.7% | 0.5% | 0.5% | 0.9% | -1.2% | -0.4% |
| Net Profit Margin | 8.5% | 5.6% | 2.0% | 8.4% | 8.9% | 3.0% | 0.7% | 0.8% | 1.5% | -2.6% | -1.0% |
| Debt to Equity | 0.45x | 0.24x | 0.20x | 0.32x | 0.30x | 0.46x | 0.61x | 0.86x | 0.60x | - | - |
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.
Guangzhou Jointas Chemical Joint Stock Co Ltd dividends
- Dividend yield
- 2.99%
- Forward dividend
- -
- Payout ratio
- -
- Ex-dividend date
- May 12, 2025
| Fiscal year | Dividends paid | Per share | Payout ratio |
|---|---|---|---|
| 2025 | CNY 62.9M | 0.16 | - |
| 2024 | CNY 41.4M | 0.11 | 214.5% |
| 2023 | CNY 37.4M | 0.10 | 365.7% |
| 2022 | CNY 18.4M | 0.05 | 180.5% |
| 2021 | CNY 39.8M | 0.11 | 78.6% |
| 2020 | CNY 50.1M | 0.15 | 44.8% |
| 2019 | CNY 24.9M | 0.08 | 29.2% |
| 2018 | CNY 35.4M | 0.11 | 189.1% |
| 2017 | CNY 5.67M | 0.02 | 12.5% |
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: 1.4:1 on Jul 19, 2021.
Who owns Guangzhou Jointas Chemical Joint Stock Co Ltd
- Insiders 47.15%
- Institutions 1.90%
- Public & others 50.95%
- Shares outstanding 390M
- Free float 217M
Guangzhou Jointas Chemical Joint Stock Co Ltd company profile
- Company name
- Guangzhou Jointas Chemical Joint Stock Co Ltd
- Ticker
- 002909.SHE
- ISIN
- CNE100003324
- Exchange
- Shenzhen Stock Exchange
- Sector
- Basic Materials
- Industry
- Chemicals
- Employees
- 833
- Fiscal year end
- December
- Address
- No. 62, Nanxiang 1st Road, Guangzhou, China, 510663
- Phone
- 86 20 8557 6000
- Website
- jointas.com
About Guangzhou Jointas Chemical Joint Stock Co Ltd
Guangzhou Jointas Chemical Co., Ltd. engages in the research, development, production, and sales of adhesives in China. Its products are used in construction, containers, automobiles/electric vehicles, electronics, transportation, petrochemical equipment, steel structures, and engineering equipment. It sells its products under the Antai and Jitai brands. Guangzhou Jointas Chemical Co., Ltd. was founded in 1989 and is based in Guangzhou, China.
Guangzhou Jointas Chemical Joint Stock Co Ltd management
7- Mr. Zhen Fan ZouGM & Non-Independent Director · born 1971
- Mr. Gu LiDeputy GM & Head of Finance · born 1981
- Mr. Yafei HuDeputy GM & Human Resources Manager · born 1986
- Mr. Zhong Hua SunDeputy GM & Non-Independent Director · born 1976
- Ms. Jia Yi WuDeputy GM & Secretary · born 1984
- Mr. Qiming YangDeputy General Manager · born 1987
- Zhi Lian HuangAccounting Supervisor