300409.SHE Guangdong Dowstone Technology Co Ltd
- Market cap
- CNY 10.3B
- P/E
- 25.8x
- P/B
- 1.25x
- ROE
- 5.0%
- Dividend yield
- 2.38%
- Fundamental score
- -
Ratios use the latest price and the current fiscal year annualized from 3 quarters up to Sep 2026.
Is 300409.SHE undervalued?
Graham number300409.SHE trades 19.9% 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?
Guangdong Dowstone Technology Co Ltd fundamental analysis
No fundamental analysis for Guangdong Dowstone Technology Co Ltd yet.
Guangdong Dowstone Technology Co Ltd stock price
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About Guangdong Dowstone Technology Co Ltd
Guangdong Dowstone Technology Co., Ltd. produces and sells lithium batteries, carbon, and ceramic materials in China and internationally. The company offers solid state battery materials, such as silicon-carbon anode, single walled carbon nanotube powder/slurry, and solid-state electrolyte; AI intelligent computing products; carbon materials, including single walled carbon, Oligowalled carbon, and multi-walled nanotube powder and conductive pastes, as well as silicon carbon …
Full company profileGuangdong Dowstone Technology 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.
Guangdong Dowstone Technology 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 | 804M | 1.70B | 3.54B | 2.99B | 3.31B | 6.57B | 6.86B | 7.30B | 7.75B | 8.16B | 10.7B |
| Gross Profit | 320M | 548M | 1.09B | 562M | 747M | 1.52B | 903M | 1.06B | 1.29B | 1.84B | 2.10B |
| Operating Income | 123M | 237M | 446M | 14.0M | 83.3M | 660M | 63.9M | 21.9M | 267M | 771M | 888M |
| EBITDA | 148M | 292M | 658M | 250M | 356M | 912M | 364M | 496M | 629M | 1.19B | 644M |
| Net Income | 101M | 152M | 220M | 24.0M | 60.5M | 562M | 86.2M | -27.9M | 157M | 507M | 401M |
| EPS | 0.26 | 0.39 | 0.52 | 0.05 | 0.13 | 1.02 | 0.15 | -0.05 | 0.27 | 0.65 | 0.51 |
| Balance Sheet | |||||||||||
| Total Assets | 1.83B | 3.71B | 5.24B | 4.45B | 4.84B | 7.99B | 11.7B | 14.9B | 14.3B | 14.2B | 14.0B |
| Total Liabilities | 606M | 1.86B | 2.86B | 1.97B | 2.35B | 3.38B | 5.33B | 7.77B | 6.93B | 5.80B | 5.69B |
| Shareholders' Equity | 1.17B | 1.31B | 2.38B | 2.47B | 2.48B | 4.49B | 5.41B | 6.03B | 6.75B | 8.05B | 8.05B |
| Cash & Short-term Investments | 288M | 483M | 739M | 413M | 417M | 1.01B | 1.54B | 4.20B | 3.34B | 2.36B | 783M |
| Total Debt | 152M | 964M | 1.52B | 1.18B | 1.25B | 1.67B | 3.20B | 5.70B | 4.90B | - | - |
| Cash Flow | |||||||||||
| Operating Cash Flow | -36.3M | -63.3M | 593M | 1.04B | 534M | 446M | -77.3M | 327M | 673M | 1.07B | - |
| Capital Expenditure | 120M | 252M | 324M | 374M | 192M | 772M | 2.10B | 732M | 721M | 327M | 565M |
| Free Cash Flow | -156M | -315M | 269M | 667M | 342M | -327M | -2.18B | -406M | -48.4M | 747M | -1.52B |
| Ratios | |||||||||||
| ROE | 8.6% | 11.6% | 9.3% | 1.0% | 2.4% | 12.5% | 1.6% | -0.5% | 2.3% | 6.3% | 5.0% |
| ROA | 5.5% | 4.1% | 4.2% | 0.5% | 1.2% | 7.0% | 0.7% | -0.2% | 1.1% | 3.6% | 2.9% |
| Net Profit Margin | 12.6% | 9.0% | 6.2% | 0.8% | 1.8% | 8.6% | 1.3% | -0.4% | 2.0% | 6.2% | 3.8% |
| Debt to Equity | 0.13x | 0.73x | 0.64x | 0.48x | 0.51x | 0.37x | 0.59x | 0.94x | 0.73x | - | - |
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.
Guangdong Dowstone Technology Co Ltd dividends
- Dividend yield
- 2.38%
- Forward dividend
- 0.25 CNY
- Payout ratio
- 48.5%
- Ex-dividend date
- Jun 4, 2026
| Fiscal year | Dividends paid | Per share | Payout ratio |
|---|---|---|---|
| 2025 | CNY 246M | 0.31 | 48.5% |
| 2024 | CNY 342M | 0.59 | 217.9% |
| 2023 | CNY 156M | 0.28 | - |
| 2022 | CNY 28.9M | 0.05 | 33.6% |
| 2021 | CNY 27.8M | 0.05 | 4.9% |
| 2020 | CNY 109M | 0.24 | 179.7% |
| 2019 | CNY 155M | 0.34 | 644.1% |
| 2018 | CNY 131M | 0.31 | 59.5% |
| 2017 | CNY 54.5M | 0.14 | 35.8% |
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: 1.8:1 on Jul 12, 2018.
Who owns Guangdong Dowstone Technology Co Ltd
- Insiders 18.19%
- Institutions 3.91%
- Public & others 77.90%
- Shares outstanding 782M
- Free float 632M
Guangdong Dowstone Technology Co Ltd company profile
- Company name
- Guangdong Dowstone Technology Co Ltd
- Ticker
- 300409.SHE
- ISIN
- CNE100002714
- Exchange
- Shenzhen Stock Exchange
- Sector
- Basic Materials
- Industry
- Chemicals
- Employees
- 2,945
- Fiscal year end
- December
- Address
- Sanlian Fozai'ao, Enping, China, 529400
- Phone
- 86 75 7822 60396
- Website
- dowstone.com.cn
About Guangdong Dowstone Technology Co Ltd
Guangdong Dowstone Technology Co., Ltd. produces and sells lithium batteries, carbon, and ceramic materials in China and internationally. The company offers solid state battery materials, such as silicon-carbon anode, single walled carbon nanotube powder/slurry, and solid-state electrolyte; AI intelligent computing products; carbon materials, including single walled carbon, Oligowalled carbon, and multi-walled nanotube powder and conductive pastes, as well as silicon carbon negative electrode; lithium battery materials, such as triple precursor body and cobalt salts; and ceramic materials. Guangdong Dowstone Technology Co., Ltd. was founded in 2007 and is based in Enping, China.
Guangdong Dowstone Technology Co Ltd management
5- Mr. Yi ZhangGM & Director · born 1980
- Mr. Xiaonei PengDeputy GM & CFO · born 1979
- Mr. Jianan WangDeputy General Manager · born 1990
- Mr. Xinlu LiuDeputy General Manager · born 1986
- Ms. Yunxi PanSecretary to the Board · born 2000