Financial at a Glance
Financial at a Glance
+5.4%
CAGR (FY16-FY25)
Revenue (RMB’ million)
4,0003,0002,0001,0000
FY16FY17FY18FY19FY20
FY21FY22FY23FY24
FY25
+6.9%
CAGR (FY16-FY25)
Net Profit (RMB’ million)
8006004002000
FY16FY17FY18FY19FY20
FY21FY22FY23FY24
FY25
+5.6%
CAGR (FY16-FY25)
Sales Volume (Tonnes)
250,000200,000150,000100,00050,0000
FY16FY17FY18FY19FY20
FY21FY22FY23FY24
FY25
+14.0%
CAGR (FY16-FY25)
Net Assets (RMB’ million)
5,0004,0003,0002,0001,0000
FY16FY17FY18FY19FY20
FY21FY22FY23FY24
FY25
| 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|
| As At 31 December (RMB’ million) | |||||
| Total Assets | 4,882.2 | 4,679.0 | 4,385.8 | 4,224.5 | 3,923.4 |
| Total Liabilities | 444.7 | 470.3 | 459.3 | 532.7 | 747.2 |
| Shareholders’ Equity | 4,437.6 | 4,208.7 | 3,926.5 | 3,691.8 | 3,176.2 |
| Cash and Cash Equivalents | 2,328.9 | 2,073.9 | 1,687.9 | 1,364.9 | 1,377.3 |
| Bank Borrowings | - | - | - | - | - |
| Treasury Shares | 67.1 | 67.1 | 54.5 | 40.8 | 30.2 |
| No of Shares (’million) | |||||
| No of Ordinary Shares | 953.4 | 953.4 | 959.3 | 965.7 | 970.4 |
| No of Treasury Shares | 30.0 | 30.0 | 24.1 | 17.7 | 13.0 |
| For the Financial Year ended 31 December (RMB’million) | |||||
| Revenue | 3,277.4 | 3,515.5 | 3,490.5 | 3,825.1 | 3,725.2 |
| Gross Profit | 770.3 | 850.0 | 798.9 | 1,163.9 | 1,046.5 |
| Net Profit | 404.9 | 423.9 | 372.5 | 642.4 | 506.3 |
| Earnings before interest, tax, depreciation & amortisation (EBITDA) | 582.1 | 662.4 | 567.9 | 880.9 | 805.1 |
| Sales Volume (tonnes) | |||||
| Total Volume | 222,243 | 214,094 | 206,996 | 186,153 | 195,405 |
| Accelerator | 108,773 | 107,426 | 99,809 | 89,434 | 101,970 |
| Insoluble sulphur | 46,371 | 40,583 | 40,655 | 37,599 | 37,274 |
| Antioxidants | 64,689 | 64,285 | 65,127 | 58,058 | 54,566 |
| Others | 2,410 | 1,800 | 1,405 | 1,062 | 1,595 |
| Financial Analysis | |||||
| Gross Profit Margin (%) | 23.5% | 24.2% | 22.9% | 30.4% | 28.1% |
| Net Profit Margin (%) | 12.4% | 12.1% | 10.7% | 16.8% | 13.4% |
| EBITDA Margin (%) | 17.8% | 18.8% | 16.3% | 23.0% | 21.6% |
| Current Ratio | 8.3 | 7.6 | 7.2 | 5.9 | 3.8 |
| Average YTD Trade Receivables Turnover (Days) | 75 | 74 | 75 | 70 | 56 |
| Average YTD Trade Payables Turnover (Days) | 5 | 6 | 7 | 10 | 9 |
| Average YTD Inventory Turnover (Days) | 53 | 48 | 50 | 52 | 38 |
| Return on Equity (%) | 9.1% | 10.1% | 9.5% | 17.4% | 15.9% |
| Return on Asset (%) | 8.3% | 9.1% | 8.5% | 15.2% | 12.9% |
| Gearing Ratio | - | - | - | - | - |
| Per Share Data | |||||
| NAV per Share (RMB cents) | 465.45 | 441.45 | 409.34 | 382.3 | 327.3 |
| EPS (RMB cents) | 42.47 | 44.34 | 38.67 | 66.29 | 52.17 |
| Dividend Per Share (SGD cents) | 3.2 | 3.0 | 2.5 | 3.0 | 2.0 |