Fujian Kuncai Material Technology Co., Ltd. (SHA:603826)

China · Delayed Price · Currency is CNY

13.09

+0.22 (1.71%)

Nov 5, 2026, 3:00 PM CST

SHA:603826 Financials Overview

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

Millions CNY. Fiscal year is Jan - Dec.

Revenue & Profits

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep '26 Sep 30, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Revenue	1,643	1,260	969.89	828.99	819.24	893.09
Revenue Growth	59.19%	29.88%	17.00%	1.19%	-8.27%	19.10%
Gross Profit	142.23	104.46	260.01	304.7	267.41	311.91
Operating Income	-81.03	-103.02	64.47	140.61	107.2	183.17
Net Income	23.57	-92.05	35.14	83.94	87.98	143.7
Earnings Per Share	0.03	-0.11	0.10	0.14	0.10	0.17
EPS Growth	-72.44%	-	-28.62%	33.59%	-38.77%	-8.46%

Revenue by Segment

Fiscal Year	FY 2025
Period Ending	Dec '25 Dec 31, 2025
Offset of Business Segment	-8.24
Titanium Dioxide Business	288.05
Pearl Materials Business	979.86
Total	1,260

Cash & Debt

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep '26 Sep 30, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Cash & Investments	274.01	39	33.15	46.76	75.25	131.06
Total Debt	2,146	1,996	2,059	1,847	1,383	879.5
Net Cash (Debt)	-1,872	-1,957	-2,026	-1,801	-1,308	-748.44
Net Cash Growth	-	-	-	-	-	-
Net Cash Per Share	-2.20	-2.30	-5.68	-2.96	-1.54	-0.88

Cash Flow & CapEx

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep '26 Sep 30, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Operating Cash Flow	172.42	-22.58	-163.32	80.39	10.05	180.5
Capital Expenditures	-131.34	-42.75	-238.78	-492.75	-552.66	-495.95
Free Cash Flow	41.09	-65.33	-402.1	-412.36	-542.61	-315.45
Free Cash Flow Growth	-	-	-	-	-	-

Margins

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep '26 Sep 30, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Gross Margin	8.66%	8.29%	26.81%	36.75%	32.64%	34.92%
Operating Margin	-4.93%	-8.18%	6.65%	16.96%	13.08%	20.51%
Pretax Margin	0.48%	-12.65%	0.36%	12.11%	11.48%	19.01%
Profit Margin	1.43%	-7.31%	3.62%	10.13%	10.74%	16.09%
FCF Margin	2.50%	-5.19%	-41.46%	-49.74%	-66.23%	-35.32%

Dividends

Fiscal Year	Current	FY 2025	FY 2024	FY 2023
Period Ending	Nov '26 Nov 5, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023
Dividend Per Share	0.115	0.115	-	0.077
Dividend Per Share Growth	0%	-	-	-
Dividend Yield	0.88%	0.88%	-	0.24%

Valuation

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Nov '26 Nov 5, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
PE Ratio	473.02	-	358.89	329.11	278.79	124.67
Forward PE	13.72	53.12	21.27	55.17	38.49	38.49
PS Ratio	6.79	8.84	13.00	33.33	29.94	20.06