301019.SHE Ningbo Color Master Batch Co. Ltd.
- Market cap
- CNY 2.54B
- P/E
- 22.9x
- P/B
- 2.33x
- ROE
- 10.3%
- Dividend yield
- 3.90%
- Fundamental score
- -
Ratios use the latest price and the current fiscal year annualized from 3 quarters up to Sep 2026.
Is 301019.SHE undervalued?
Graham number301019.SHE trades 54.0% 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?
Ningbo Color Master Batch Co. Ltd. fundamental analysis
No fundamental analysis for Ningbo Color Master Batch Co. Ltd. yet.
Ningbo Color Master Batch Co. Ltd. stock price
Prices on the chart can differ slightly from the closing prices StockSummer uses for its ratios.
About Ningbo Color Master Batch Co. Ltd.
Ningbo Color Master Batch Co., Ltd. engages in the research and development, production, and sales of plastic coloring products in China and internationally. The company offers colored, black, white, additive, and functional masterbatch products under the MINGZHOU brand. Its products are used in electronics, daily necessities, food and beverages, chemicals, building materials, agriculture, automotive plastic parts, medical treatment, shade nets, modified plastics, high-end h…
Full company profileNingbo Color Master Batch 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.
Ningbo Color Master Batch Co. Ltd. annual financial statements (CNY; K = thousand, M = million, B = billion, T = trillion)
| Item | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 Anlz |
|---|---|---|---|---|---|---|---|---|---|---|
| Income Statement | ||||||||||
| Revenue | 280M | 327M | 405M | 430M | 492M | 464M | 451M | 493M | 469M | 550M |
| Gross Profit | 94.1M | 105M | 142M | 169M | 170M | 139M | 158M | 164M | 176M | 192M |
| Operating Income | 48.8M | 59.0M | 92.7M | 118M | 122M | 108M | 118M | 115M | 114M | 121M |
| EBITDA | 59.7M | 68.5M | 101M | 131M | 135M | 126M | 131M | 130M | 142M | 130M |
| Net Income | 41.5M | 51.1M | 79.3M | 104M | 109M | 100M | 102M | 101M | 110M | 112M |
| EPS | 0.33 | 0.41 | 0.63 | 0.83 | 0.74 | 0.60 | 0.61 | 0.60 | 0.56 | 0.56 |
| Balance Sheet | ||||||||||
| Total Assets | 291M | 311M | 345M | 454M | 1.07B | 1.10B | 1.18B | 1.25B | 1.25B | 1.19B |
| Total Liabilities | 66.0M | 87.3M | 80.0M | 89.8M | 82.9M | 58.5M | 82.4M | 114M | 140M | 101M |
| Shareholders' Equity | 225M | 224M | 265M | 364M | 983M | 1.04B | 1.10B | 1.14B | 1.11B | 1.09B |
| Cash & Short-term Investments | 47.0M | 57.5M | 68.1M | 94.2M | 748M | 729M | 802M | 304M | 57.1M | 50.7M |
| Total Debt | 18.0M | 18.0M | 14.9M | 32.3M | 1.79M | 23.9K | 10.0M | 12.3M | - | - |
| Cash Flow | ||||||||||
| Operating Cash Flow | 57.5M | 59.8M | 72.5M | 36.4M | 123M | 81.8M | 96.6M | 85.9M | 117M | - |
| Capital Expenditure | 6.53M | 5.95M | 8.51M | 8.32M | 17.6M | 20.2M | 33.8M | 79.2M | 52.9M | 56.3M |
| Free Cash Flow | 51.0M | 53.9M | 64.0M | 28.1M | 106M | 61.6M | 62.8M | 6.67M | 64.4M | -6.75M |
| Ratios | ||||||||||
| ROE | 18.5% | 22.8% | 30.0% | 28.7% | 11.1% | 9.6% | 9.3% | 8.8% | 9.9% | 10.3% |
| ROA | 14.3% | 16.4% | 23.0% | 23.0% | 10.2% | 9.1% | 8.6% | 8.0% | 8.8% | 9.4% |
| Net Profit Margin | 14.8% | 15.6% | 19.6% | 24.3% | 22.1% | 21.6% | 22.6% | 20.4% | 23.5% | 20.3% |
| Debt to Equity | 0.08x | 0.08x | 0.06x | 0.09x | 0.00x | 0.00x | 0.01x | 0.01x | - | - |
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.
Ningbo Color Master Batch Co. Ltd. dividends
- Dividend yield
- 3.90%
- Forward dividend
- 0.65 CNY
- Payout ratio
- 90.0%
- Ex-dividend date
- Jul 8, 2026
| Fiscal year | Dividends paid | Per share | Payout ratio |
|---|---|---|---|
| 2025 | CNY 99.0M | 0.50 | 90.0% |
| 2024 | CNY 48.0M | 0.29 | 47.8% |
| 2023 | CNY 48.0M | 0.29 | 47.1% |
| 2022 | CNY 40.0M | 0.24 | 39.8% |
| 2021 | - | - | - |
| 2020 | CNY 5.18M | 0.04 | 5.0% |
| 2019 | CNY 42.0M | 0.33 | 52.9% |
| 2018 | 50.9M | 0.40 | 99.7% |
| 2017 | 30.4M | 0.24 | 73.3% |
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: 1.2:1 on Jul 8, 2026.
Who owns Ningbo Color Master Batch Co. Ltd.
- Insiders 58.57%
- Institutions 0.78%
- Public & others 40.65%
- Shares outstanding 198M
- Free float 86.5M
Ningbo Color Master Batch Co. Ltd. company profile
- Company name
- Ningbo Color Master Batch Co. Ltd.
- Ticker
- 301019.SHE
- ISIN
- CNE100004LW8
- Exchange
- Shenzhen Stock Exchange
- Sector
- Basic Materials
- Industry
- Chemicals
- Employees
- 352
- Fiscal year end
- December
- Address
- No. 168, Jinhui West Road, Ningbo, China, 315105
- Phone
- 86 136 2682 8929
- Website
- muli.com.cn
About Ningbo Color Master Batch Co. Ltd.
Ningbo Color Master Batch Co., Ltd. engages in the research and development, production, and sales of plastic coloring products in China and internationally. The company offers colored, black, white, additive, and functional masterbatch products under the MINGZHOU brand. Its products are used in electronics, daily necessities, food and beverages, chemicals, building materials, agriculture, automotive plastic parts, medical treatment, shade nets, modified plastics, high-end home appliances, food and beverage packaging, optical films, etc. The company was founded in 1999 and is based in Ningbo, China.
Ningbo Color Master Batch Co. Ltd. management
5- Mr. Weiqing RenChairman of the Board & GM · born 1970
- Mr. Chunguang MaoDeputy GM & Director · born 1965
- Mr. Jianguo ChenDirector of GM Office & Board Secretary · born 1968
- Mr. Xi Hua ZhuDeputy General Manager · born 1979
- Yan Qun WangHead of Accounting Department & Accounting Supervisor