Zhejiang Three Stars New Materials Co., Ltd. (SHA:603578)

SHA:603578 Financials Overview

Financials in millions CNY. Fiscal year is January - December.

Revenue & Profits

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Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar 31, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Revenue Revenue Growth	1,591	1,538	1,015	892.26	762.86	825.92
Revenue Growth	40.45%	51.50%	13.81%	16.96%	-7.63%	43.52%
Gross Profit Gross Profit Growth	175.2	182.81	63.43	196.53	134.85	152.11
Operating Income Operating Income Growth	8.75	17.56	-78.47	125.32	94.65	97.19
Net Income Net Income Growth	-182.95	-169.64	-65.6	116.02	104.23	98.5
Earnings Per Share EPS Growth	-1.04	-0.94	-0.36	0.66	0.58	0.58
EPS Growth	-	-	-	13.79%	0%	13.50%

Revenue by Segment

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Fiscal Year	FY 2025
Period Ending	Dec 31, 2025
Glass Door Business Glass Door Business Growth	812
Photovoltaic Glass Business Photovoltaic Glass Business Growth	726.44
Total Total Growth	1,538

Cash & Debt

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Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar 31, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Cash & Investments Cash & Investments Growth	1,214	577.82	522.14	488.26	95.91	113.51
Total Debt Total Debt Growth	1,697	1,219	2,036	830	79.19	73.41
Net Cash (Debt) Net Cash Growth	-483.13	-640.9	-1,514	-341.75	16.72	40.11
Net Cash Growth	-	-	-	-	-58.31%	-
Net Cash Per Share Net Cash Per Share Growth	-2.76	-3.55	-8.31	-1.94	0.09	0.24

Cash Flow & CapEx

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Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar 31, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Operating Cash Flow Operating Cash Flow Growth	597.53	630.21	7.45	119.54	-49.58	16.61
Capital Expenditures CapEx Growth	-101.46	-145.25	-1,126	-424.73	-24.66	-50.66
Free Cash Flow Free Cash Flow Growth	496.07	484.96	-1,119	-305.19	-74.24	-34.05
Free Cash Flow Growth	-	-	-	-	-	-

Margins

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Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar 31, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Gross Margin	11.01%	11.88%	6.25%	22.03%	17.68%	18.42%
Operating Margin	0.55%	1.14%	-7.73%	14.04%	12.41%	11.77%
Pretax Margin	-13.69%	-13.05%	-9.90%	13.58%	14.08%	12.71%
Profit Margin	-11.50%	-11.03%	-6.46%	13.00%	13.66%	11.93%
FCF Margin	31.17%	31.52%	-110.16%	-34.20%	-9.73%	-4.12%

Dividends

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Fiscal Year	FY 2023	FY 2022	FY 2021
Period Ending	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Dividend Per Share Dividend Per Share Growth	0.130	0.180	0.169
Dividend Per Share Growth	-27.78%	6.38%	9.94%
Dividend Yield	0.92%	1.48%	1.35%

Valuation

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Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Aug 2, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
PE Ratio	-	-	-	21.61	21.17	22.50
P/FCF Ratio	5.31	4.49	-	-	-	-
PS Ratio	1.65	1.42	2.11	2.81	2.89	2.68

Data Source: S&P Global Market Intelligence Last updated: Mar 31, 2026

Financial data is provided by S&P Global Market Intelligence and updates within hours after each earnings release, which is every three months for this company.

Update frequency:

Quarterly

Last checked:

Jul 31, 2026

Data Sources Report a data error