Breakdown | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 |
---|---|---|---|---|---|
Income Statement | |||||
Total Revenue | 1.65B | 1.06B | 916.82M | 669.73M | 569.11M |
Gross Profit | 884.66M | 528.33M | 455.33M | 334.62M | 284.06M |
EBITDA | 584.05M | 369.55M | 324.45M | 230.10M | 221.64M |
Net Income | 242.18M | 181.58M | 223.79M | 162.03M | 148.17M |
Balance Sheet | |||||
Total Assets | 7.05B | 5.16B | 3.16B | 2.60B | 1.59B |
Cash, Cash Equivalents and Short-Term Investments | 3.41B | 3.21B | 1.88B | 1.57B | 747.58M |
Total Debt | 2.43B | 908.04M | 497.81M | 159.92M | 168.26M |
Total Liabilities | 2.70B | 1.07B | 613.54M | 261.72M | 246.99M |
Stockholders Equity | 3.38B | 3.16B | 2.36B | 2.17B | 1.18B |
Cash Flow | |||||
Free Cash Flow | -717.25M | 121.34M | -44.06M | 36.76M | -71.92M |
Operating Cash Flow | 272.09M | 283.22M | 181.48M | 147.34M | 96.57M |
Investing Cash Flow | -1.55B | -55.07M | -330.12M | -147.36M | -166.39M |
Financing Cash Flow | 1.50B | 1.25B | 305.93M | 817.93M | 257.56M |
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
---|---|---|---|---|---|---|---|
78 Outperform | 4.27B | 7.50 | 8.12% | 6.67% | -3.73% | 6.09% | |
65 Neutral | HK$5.53B | 25.90 | 5.86% | ― | 29.64% | -3.91% | |
65 Neutral | 3.01B | 4.00 | 10.84% | ― | 9.20% | 213.87% | |
63 Neutral | 869.32M | 12.12 | 4.69% | 2.58% | -8.51% | -68.34% | |
54 Neutral | 1.27B | 19.75 | ― | 3.45% | -5.29% | -32.47% | |
48 Neutral | 2.05B | 115.34 | 2.18% | ― | 11.08% | 147.89% | |
61 Neutral | $10.43B | 7.12 | -0.05% | 2.87% | 2.86% | -36.73% |
Global New Material International Holdings Limited reported its interim results for the first half of 2025, showing a revenue increase of 17.7% to approximately RMB912.0 million compared to the same period in 2024. Despite the revenue growth and an improved gross profit margin of 52.0%, the company experienced a significant decline in profit, with a 31.1% decrease in profit for the period and a 41.9% decrease in profit attributable to owners, primarily due to increased finance costs. The board decided not to declare any interim dividend for the period.
The most recent analyst rating on (HK:6616) stock is a Hold with a HK$5.00 price target. To see the full list of analyst forecasts on Global New Material International Holdings Limited stock, see the HK:6616 Stock Forecast page.
Global New Material International Holdings Limited announced the unaudited financial results of its subsidiary, CQV Co., Ltd., for the first half of 2025. CQV reported a slight increase in net profit compared to the previous year, with total revenue remaining stable. The financial data suggests a steady performance, which may impact stakeholder confidence and the company’s industry positioning.
Global New Material International Holdings Limited has completed the acquisition of the Worldwide Surface Solution Business, marking a significant step in its international expansion strategy. This acquisition enhances the company’s product portfolio and competitiveness, particularly in the automotive and cosmetics markets, while strengthening its supply chain and operational efficiency through additional production facilities in Germany, Japan, and the United States.
Global New Material International Holdings Limited announced the results of its Extraordinary General Meeting (EGM) held on July 21, 2025. The company’s shareholders approved an ordinary resolution related to a specific agreement and its associated transactions, with 100% of the votes cast in favor. This approval allows the company’s directors to execute necessary actions to implement the agreement, which could have significant implications for the company’s strategic operations.
Global New Material International Holdings Limited announced the results of its Annual General Meeting held on June 27, 2025. All proposed ordinary resolutions, including the re-election of directors and the authorization for the board to fix directors’ remuneration, were approved by shareholders. The approval of these resolutions reflects strong shareholder support and is expected to positively impact the company’s governance and operational strategies.
Global New Material International Holdings Limited has announced changes to its Nomination Committee in response to the amended Corporate Governance Code effective from July 2025. The appointments of Ms. Zeng Zhu and Professor Chen Fadong as new members aim to enhance the committee’s diversity and maintain a majority of independent non-executive directors, potentially strengthening the company’s governance and stakeholder confidence.
Global New Material International Holdings Limited has announced the composition of its board of directors and the roles within its established committees. The board includes a mix of executive, non-executive, and independent non-executive directors, with committees such as the Audit, Remuneration, and Nomination Committees being chaired by different members. This announcement provides clarity on the leadership structure, potentially impacting the company’s governance and strategic direction.
Global New Material International Holdings Limited has established a Nomination Committee as part of its governance structure, which will be composed mainly of independent non-executive directors. This move is in line with the company’s commitment to comply with the Listing Rules of the Hong Kong Stock Exchange, and it aims to enhance the company’s governance by ensuring diversity and independent oversight in its board nominations.
Global New Material International Holdings Limited has announced an extraordinary general meeting (EGM) scheduled for July 21, 2025, in Guangxi, China. The meeting aims to approve and ratify an agreement and its related transactions, which are expected to impact the company’s operations and strategic direction. Shareholders are encouraged to participate in the voting process, either in person or through proxies, to influence the company’s future course.