Core Viewpoint - Huaxin New Materials is a significant player in the functional plastic film materials sector in China, with strong R&D capabilities and technical advantages [1] Group 1: Company Overview - Established on June 6, 2000, and listed on the Shenzhen Stock Exchange on November 6, 2017, Huaxin New Materials is based in Jiangsu Province [1] - The company specializes in the R&D, production, and sales of functional plastic film materials, categorized under the basic chemicals - plastics - other plastic products industry [1] Group 2: Financial Performance - For Q3 2025, Huaxin New Materials reported revenue of 265 million, ranking 20th among 21 companies in the industry, with the industry leader, Wankai New Materials, generating 12.436 billion [2] - The company's net profit for the same period was 40.39 million, placing it 14th in the industry, while the top performer, Weike Technology, achieved a net profit of 233 million [2] Group 3: Financial Ratios - As of Q3 2025, Huaxin New Materials had a debt-to-asset ratio of 25.98%, an increase from 14.17% year-on-year, but still below the industry average of 33.77% [3] - The gross profit margin for the same period was 30.57%, slightly down from 31.77% year-on-year, yet higher than the industry average of 21.93% [3] Group 4: Executive Compensation - The chairman, Li Zhenbin, received a salary of 536,500 in 2024, an increase of 70,800 from 2023 [4] Group 5: Shareholder Information - As of September 30, 2025, the number of A-share shareholders increased by 34.55% to 11,600, while the average number of circulating A-shares held per account decreased by 25.68% to 8,806.28 [5]

Core Viewpoint - Huaxin New Materials has shown a significant stock price increase of 42.46% year-to-date, despite a recent decline in the last five and twenty trading days [1] Group 1: Stock Performance - As of October 20, Huaxin New Materials' stock price rose by 2.03% to 19.56 CNY per share, with a trading volume of 547.22 million CNY and a turnover rate of 0.27% [1] - The company has a total market capitalization of 2.01 billion CNY [1] - The stock has experienced a decline of 1.26% over the last five trading days and 4.86% over the last twenty trading days, while it has increased by 5.73% over the last sixty trading days [1] Group 2: Financial Performance - For the first half of 2025, Huaxin New Materials reported a revenue of 176 million CNY, representing a year-on-year growth of 11.18%, and a net profit attributable to shareholders of 28.45 million CNY, which is a 5.03% increase year-on-year [1] - The company has distributed a total of 116 million CNY in dividends since its A-share listing, with 61.67 million CNY distributed over the past three years [2] Group 3: Shareholder Information - As of June 30, 2025, the number of shareholders for Huaxin New Materials increased by 13.94% to 8,596, while the average circulating shares per person decreased by 12.24% to 11,848 shares [1] - Among the top ten circulating shareholders, the Noan Multi-Strategy Mixed A fund is the seventh largest shareholder, holding 564,900 shares as a new investor [2]

Core Viewpoint - 华信新材 reported stable revenue in 2024 while achieving significant growth in net profit, driven by optimized business structure and market expansion in green low-carbon materials [1] Group 1: Financial Performance - In 2024, the company achieved revenue of 319 million yuan, remaining flat compared to the previous year [1] - The net profit attributable to shareholders was 50.6 million yuan, representing a year-on-year increase of 23.46% [1] - The non-recurring net profit was 49.1 million yuan, up 24.95% year-on-year [1] Group 2: Market Position and Expansion - 华信新材 holds a significant position in the mid-to-high-end smart card market, with products widely used in key sectors such as social security and transportation management [2] - The company has successfully expanded into financial, telecommunications, decoration, and packaging markets [2] - The demand for smart card materials is expected to surge due to the replacement cycle of second-generation resident ID cards and other legal documents in China [2] Group 3: Green Transformation and Product Development - The company is focusing on green low-carbon materials as a core strategy, with plans to accelerate R&D and industrialization in PETG, PC, and bio-based materials [4] - Four advanced production lines for green low-carbon materials have been introduced, expected to be operational by mid-2026 [4] - A new subsidiary has been established to enhance strategic cooperation within the industry chain, focusing on electronic document security solutions [4] Group 4: Shareholder Returns - 华信新材 plans to distribute a cash dividend of 2 yuan per 10 shares, totaling 20.6 million yuan [5] - The company aims to increase the frequency of dividends, with plans for a mid-term dividend in 2025 [5] - Since its listing in 2017, the company has consistently paid cash dividends, with a payout ratio of 50.17% in 2023 [6]