002998.SHE Elite Color Environmental Resources
- Market cap
- CNY 2.36B
- P/E
- 22.1x
- P/B
- 1.33x
- ROE
- 8.1%
- Dividend yield
- 9.46%
- Fundamental score
- -
Ratios use the latest price and the current fiscal year annualized from 3 quarters up to Sep 2026.
Is 002998.SHE undervalued?
Graham number002998.SHE trades 14.4% 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?
Elite Color Environmental Resources fundamental analysis
No fundamental analysis for Elite Color Environmental Resources yet.
Elite Color Environmental Resources stock price
Prices on the chart can differ slightly from the closing prices StockSummer uses for its ratios.
About Elite Color Environmental Resources
Elite Color Environmental Resources Science & Technology Co., Ltd. manufactures and sells polyester fiber and its products in China and internationally. It offers white, colored, black, and flame-retardent LMF; recycled white LMF, recycled black LMF, and recycled colored LMF; automotive interior trim material PSF; home and cotton textile PSF; Carpet and geotextile PSF; Scouring pad PSF; ES fiber; melt-blown non-woven fabric; flame-retardant PSF; hot melt and low melting yarn…
Full company profileElite Color Environmental Resources 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.
Elite Color Environmental Resources 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 | 732M | 902M | 1.08B | 1.74B | 1.36B | 1.62B | 2.25B | 2.44B | 2.34B | 2.72B | 2.82B |
| Gross Profit | 129M | 177M | 161M | 193M | 238M | 202M | 176M | 258M | 211M | 213M | 375M |
| Operating Income | 52.7M | 91.2M | 105M | 102M | 159M | 118M | 80.1M | 158M | 93.6M | 91.4M | 222M |
| EBITDA | 90.4M | 130M | 148M | 191M | 243M | 201M | 196M | 275M | 227M | 231M | 182M |
| Net Income | 55.7M | 81.0M | 90.5M | 87.5M | 135M | 101M | 77.6M | 137M | 83.8M | 52.1M | 142M |
| EPS | 0.26 | 0.34 | 0.38 | 0.36 | 0.51 | 0.31 | 0.24 | 0.38 | 0.25 | 0.15 | 0.40 |
| Balance Sheet | |||||||||||
| Total Assets | 733M | 878M | 1.31B | 1.40B | 1.64B | 1.85B | 2.59B | 2.46B | 2.68B | 2.48B | 2.50B |
| Total Liabilities | 181M | 246M | 560M | 561M | 241M | 377M | 953M | 759M | 907M | 714M | 739M |
| Shareholders' Equity | 551M | 632M | 749M | 836M | 1.40B | 1.47B | 1.63B | 1.70B | 1.77B | 1.77B | 1.76B |
| Cash & Short-term Investments | 107M | 75.3M | 147M | 260M | 489M | 312M | 899M | 633M | 547M | 263M | 295M |
| Total Debt | 58.5M | 89.0M | 331M | 306M | 70.1M | 150M | 683M | 523M | 556M | - | - |
| Cash Flow | |||||||||||
| Operating Cash Flow | -19.7M | 20.0M | -29.2M | 191M | 92.6M | 4.06M | 11.8M | 205M | -115M | 257M | - |
| Capital Expenditure | 72.9M | 72.8M | 172M | 28.3M | 68.4M | 166M | 59.6M | 106M | 55.7M | 46.4M | 98.3M |
| Free Cash Flow | -92.6M | -52.9M | -202M | 163M | 24.2M | -162M | -47.8M | 99.3M | -170M | 210M | -12.2M |
| Ratios | |||||||||||
| ROE | 10.1% | 12.8% | 12.1% | 10.5% | 9.6% | 6.8% | 4.7% | 8.1% | 4.7% | 2.9% | 8.1% |
| ROA | 7.6% | 9.2% | 6.9% | 6.3% | 8.2% | 5.5% | 3.0% | 5.6% | 3.1% | 2.1% | 5.7% |
| Net Profit Margin | 7.6% | 9.0% | 8.4% | 5.0% | 9.9% | 6.2% | 3.4% | 5.6% | 3.6% | 1.9% | 5.0% |
| Debt to Equity | 0.11x | 0.14x | 0.44x | 0.37x | 0.05x | 0.10x | 0.42x | 0.31x | 0.31x | - | - |
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.
Elite Color Environmental Resources dividends
- Dividend yield
- 9.46%
- Forward dividend
- 0.40 CNY
- Payout ratio
- 428.3%
- Ex-dividend date
- Aug 3, 2026
| Fiscal year | Dividends paid | Per share | Payout ratio |
|---|---|---|---|
| 2025 | CNY 223M | 0.63 | 428.3% |
| 2024 | CNY 19.8M | 0.06 | 23.6% |
| 2023 | CNY 49.0M | 0.14 | 35.7% |
| 2022 | CNY 6.93M | 0.02 | 8.9% |
| 2021 | CNY 35.7M | 0.11 | 35.4% |
| 2020 | CNY 10.7M | 0.04 | 7.9% |
| 2019 | CNY 18.3M | 0.08 | 20.9% |
| 2018 | CNY 4.49M | 0.02 | 5.0% |
| 2017 | CNY 3.26M | 0.01 | 4.0% |
From the cash flow statement: dividends paid in the fiscal year, divided by that year's shares outstanding. Payout ratio = dividends paid / net income.
Who owns Elite Color Environmental Resources
- Insiders 50.07%
- Institutions 6.42%
- Public & others 43.52%
- Shares outstanding 355M
- Free float 191M
Elite Color Environmental Resources company profile
- Company name
- Elite Color Environmental Resources
- Ticker
- 002998.SHE
- ISIN
- CNE1000046K2
- Exchange
- Shenzhen Stock Exchange
- Sector
- Basic Materials
- Industry
- Chemicals
- Employees
- 1,170
- Fiscal year end
- December
- Address
- No. 29, Huanxi Road, Jiangyin, China, 214415
- Phone
- 86 510 6883 6881
- Website
- elitecolor.cn
About Elite Color Environmental Resources
Elite Color Environmental Resources Science & Technology Co., Ltd. manufactures and sells polyester fiber and its products in China and internationally. It offers white, colored, black, and flame-retardent LMF; recycled white LMF, recycled black LMF, and recycled colored LMF; automotive interior trim material PSF; home and cotton textile PSF; Carpet and geotextile PSF; Scouring pad PSF; ES fiber; melt-blown non-woven fabric; flame-retardant PSF; hot melt and low melting yarn; and low melting fiber. The company was founded in 2003 and is headquartered in Jiangyin, China.
Elite Color Environmental Resources management
4- Mr. Zexin DaiChairman of the Board · born 1970
- Ms. Mengqian DaiGM, Secretary of the Board & Director · born 1992
- Mr. Ping XuCFO, Deputy GM & Director · born 1968
- Mr. Dangfeng PuDeputy General Manager · born 1978