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

China · Delayed Price · Currency is CNY

5.62

-0.10 (-1.75%)

Sep 11, 2026, 2:15 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	Jun '26 Jun 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	465.07	448.19	531.2	574.23	584.66	761
Revenue Growth	-7.07%	-15.63%	-7.49%	-1.78%	-23.17%	-14.83%
Gross Profit	96.61	89.34	100.04	66.69	29.72	105.22
Operating Income	-49.19	-68.62	-17.33	-118.68	-147.5	-73.26
Net Income	60.95	13.06	-58.65	-160.23	-187.72	-164.09
Earnings Per Share	0.19	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
Functional Application Products	246.52
Flexible Foam Material Products	120.7
Rigid Foam Products	92.06
Other Business	14.15
Inter-segment Elimination	-25.24
Total	448.19

Cash & Debt

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 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	103.46	98.05	67.27	206.32	95.31	144.75
Total Debt	364.83	357.95	458.75	475.51	578.61	598.86
Net Cash (Debt)	-261.37	-259.9	-391.49	-269.19	-483.3	-454.11
Net Cash Growth	-	-	-	-	-	-
Net Cash Per Share	-0.80	-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	Jun '26 Jun 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	-8.81	-19.87	-69.45	148.03	-9.3	-24.97
Capital Expenditures	-27.12	-27.2	-18.81	-10.08	-12.39	-29.11
Free Cash Flow	-35.93	-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	Jun '26 Jun 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	20.77%	19.93%	18.83%	11.61%	5.08%	13.83%
Operating Margin	-10.58%	-15.31%	-3.26%	-20.67%	-25.23%	-9.63%
Pretax Margin	20.93%	9.95%	-12.45%	-26.99%	-32.38%	-21.52%
Profit Margin	13.11%	2.91%	-11.04%	-27.90%	-32.11%	-21.56%
FCF Margin	-7.73%	-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	Sep '26 Sep 11, 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	30.58	156.04	-	-	-	-
Forward PE	-	134.33	134.33	134.33	134.33	134.33
P/FCF Ratio	-	-	-	16.97	-	-
PS Ratio	4.17	4.55	4.67	4.08	2.30	2.87