Changzhou Tiansheng New Materials Group Co., Ltd. (SHE:300169)

China · Delayed Price · Currency is CNY

4.630

-0.110 (-2.32%)

Nov 13, 2026, 3:04 PM CST

SHE:300169 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	Jan '23 Jan 1, 2023	Jan '22 Jan 1, 2022
Revenue	459.26	448.19	531.2	574.23	584.66	761
Revenue Growth	-1.05%	-15.63%	-7.49%	-1.78%	-23.17%	-14.83%
Gross Profit	95.22	89.34	100.04	66.69	29.72	105.22
Operating Income	-25.84	-68.62	-17.33	-118.68	-147.5	-73.26
Net Income	90.32	13.06	-58.65	-160.23	-187.72	-164.09
Earnings Per Share	0.28	0.04	-0.18	-0.49	-0.58	-0.50
EPS Growth	-	-	-	-	-	-

Revenue by Segment

Fiscal Year	FY 2025
Period Ending	Dec '25 Dec 31, 2025
Inter-segment Elimination	-25.24
Other Business	14.15
Rigid Foam Products	92.06
Functional Application Products	246.52
Flexible Foam Material Products	120.7
Total	448.19

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	Jan '23 Jan 1, 2023	Jan '22 Jan 1, 2022
Cash & Investments	130.27	98.05	67.27	206.32	95.31	144.75
Total Debt	378.83	357.95	458.75	475.51	578.61	598.86
Net Cash (Debt)	-248.56	-259.9	-391.49	-269.19	-483.3	-454.11
Net Cash Growth	-	-	-	-	-	-
Net Cash Per Share	-0.76	-0.80	-1.20	-0.83	-1.49	-1.38

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	Jan '23 Jan 1, 2023	Jan '22 Jan 1, 2022
Operating Cash Flow	8.99	-19.87	-69.45	148.03	-9.3	-24.97
Capital Expenditures	-27.11	-27.2	-18.81	-10.08	-12.39	-29.11
Free Cash Flow	-18.11	-47.07	-88.27	137.95	-21.69	-54.08
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	Jan '23 Jan 1, 2023	Jan '22 Jan 1, 2022
Gross Margin	20.73%	19.93%	18.83%	11.61%	5.08%	13.83%
Operating Margin	-5.63%	-15.31%	-3.26%	-20.67%	-25.23%	-9.63%
Pretax Margin	28.05%	9.95%	-12.45%	-26.99%	-32.38%	-21.52%
Profit Margin	19.67%	2.91%	-11.04%	-27.90%	-32.11%	-21.56%
FCF Margin	-3.94%	-10.50%	-16.62%	24.02%	-3.71%	-7.11%

Valuation

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Nov '26 Nov 13, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Jan '23 Jan 1, 2023	Jan '22 Jan 1, 2022
PE Ratio	16.74	156.04	-	-	-	-
Forward PE	-	134.33	134.33	134.33	134.33	134.33
P/FCF Ratio	-	-	-	16.97	-	-
PS Ratio	3.50	4.55	4.67	4.08	2.30	2.87