Sunresin New Materials Co.,Ltd (300487.SZ) Bundle
A Brief History of Sunresin New Materials Co.,Ltd
Sunresin New Materials Co., Ltd., founded in 2006, has established itself as a prominent player in the specialty chemical industry, particularly in the field of resin manufacturing and purification materials. The company is headquartered in Xi'an, Shaanxi, China. It specializes in producing ion exchange resins, adsorbents, and various functional materials.
In 2017, Sunresin was listed on the Shenzhen Stock Exchange under the ticker symbol 300487, enhancing its financial stability and market presence. As of 2022, the company reported a total revenue of approximately 1.14 billion CNY, a significant increase from 978 million CNY in 2021. This growth reflects a year-on-year increase of approximately 16.4%.
The company's net profit for the fiscal year 2022 was reported at around 250 million CNY, compared to 215 million CNY in 2021, marking an increase of approximately 16.3%. Furthermore, Sunresin's total assets reached about 3.5 billion CNY by the end of 2022, showcasing strong growth in its asset base.
| Year | Total Revenue (CNY) | Net Profit (CNY) | Total Assets (CNY) | Growth Rate (Revenue) | Growth Rate (Net Profit) |
|---|---|---|---|---|---|
| 2022 | 1.14 billion | 250 million | 3.5 billion | 16.4% | 16.3% |
| 2021 | 978 million | 215 million | 3.1 billion | 12.9% | 11.4% |
| 2020 | 867 million | 193 million | 2.8 billion | - | - |
Sunresin focuses on research and development, continuously innovating its production processes and product offerings. The company's R&D expenditure has increased to around 100 million CNY in 2022, representing roughly 8.8% of its total revenue. This investment underscores Sunresin's commitment to technological advancement and enhancing its competitive edge in the market.
Besides its strong domestic market presence, Sunresin has expanded its reach into international markets. As of 2022, approximately 30% of its revenue was derived from exports, predominantly to regions such as Europe and North America. The company has established several partnerships and collaborations to further bolster its international footprint.
Sunresin has also laid out ambitious plans for future growth, projecting revenue to reach 1.5 billion CNY by 2025, driven by expanding product lines and increased market penetration. The company aims to achieve this through strategic investments in new production facilities and expansion of its product portfolio.
The comprehensive history of Sunresin New Materials illustrates its evolution from a domestic manufacturer to a recognized player in the chemical industry, highlighted by its robust financial performance and strategic growth initiatives.
A Who Owns Sunresin New Materials Co.,Ltd
As of October 2023, Sunresin New Materials Co., Ltd., a leader in the production of new materials and resin products, exhibits a diverse ownership structure primarily characterized by both institutional and retail investors. The company is listed on the Shenzhen Stock Exchange under the ticker 300511.
According to the latest data available, the largest shareholders include:
| Shareholder | Ownership Stake (%) | Number of Shares Owned | Type of Ownership |
|---|---|---|---|
| Sunresin Holdings Group Co., Ltd. | 35.57 | 224,143,200 | Controlling Shareholder |
| China Life Insurance Co., Ltd. | 8.12 | 51,222,000 | Institutional Investor |
| Shanghai Guojin Investment Co., Ltd. | 5.39 | 34,200,000 | Institutional Investor |
| Public Float | 50.92 | 321,351,800 | Retail Investors |
The control exerted by Sunresin Holdings Group Co., Ltd. is significant, with their ownership enabling them to influence major business decisions and strategic direction. The firm's focus on environmental sustainability and innovation in material science has attracted various institutional investors, such as China Life Insurance and Shanghai Guojin Investment, who see potential in the sector's growth.
In terms of market capitalization, as of mid-October 2023, Sunresin New Materials Co., Ltd. has a market cap of approximately ¥12.35 billion, reflecting a rising trend, bolstered by strong revenue growth expectations. The company reported a revenue of ¥3.2 billion for the fiscal year ending 2022, marking an increase of 20% year-over-year.
Additionally, the stock performance has been robust, with year-to-date returns of approximately 45%. This performance has drawn attention from both retail and institutional investors seeking to capitalize on the company’s advancements and market position.
Sunresin New Materials Co.,Ltd Mission Statement
Sunresin New Materials Co., Ltd. emphasizes its commitment to innovation and sustainability in the materials sector. The company focuses on providing advanced separation and purification technologies to various industries, including environmental protection, energy, and water treatment. Their mission statement reflects a dedication to enhancing quality of life through improved material solutions while maintaining ecological balance.
The company aims to become a global leader in the separation and purification industry by leveraging cutting-edge technology. Sunresin is committed to research and development, investing over 10% of its annual revenue into R&D, which highlights their focus on innovative solutions.
| Year | Revenue (CNY) | R&D Investment (CNY) | Net Profit (CNY) | R&D Percentage of Revenue |
|---|---|---|---|---|
| 2020 | 1.2 billion | 120 million | 150 million | 10% |
| 2021 | 1.5 billion | 150 million | 180 million | 10% |
| 2022 | 1.8 billion | 180 million | 220 million | 10% |
| 2023 | 2.2 billion | 220 million | 260 million | 10% |
Additionally, Sunresin's mission includes a strong focus on customer satisfaction and long-term partnerships. They strive to meet the specific needs of their clients while ensuring sustainable practices. The company’s approach integrates environmental responsibility into its operations, promoting a green economy.
In terms of market performance, Sunresin's stock (SZSE: 300511) has shown significant growth. As of October 2023, the stock price reached around CNY 50, representing an increase of 30% year-to-date. The market capitalization stands at approximately CNY 9 billion.
Sunresin's strategic objectives also align with global sustainability goals. They actively engage in projects aimed at reducing carbon footprints, advocating for renewable energy solutions, and enhancing the efficiency of resource utilization.
Overall, Sunresin New Materials Co., Ltd. is positioned to make substantial contributions to various industries while adhering to a mission that prioritizes innovation, sustainability, and customer-centricity.
How Sunresin New Materials Co.,Ltd Works
Sunresin New Materials Co., Ltd., established in 2006, is a prominent player in the specialty materials sector, primarily focusing on ion exchange resins and adsorbents. The company operates through two main segments: Ion Exchange Resins and Adsorbents. In 2022, Sunresin reported a revenue of approximately RMB 1.12 billion (or around USD 174 million), showcasing a robust growth trajectory compared to previous years.
The company's product portfolio is diversified, including resins used in water treatment, pharmaceuticals, and food industries. Notably, Sunresin's ion exchange resins cater to various applications, with uses in sugar decolorization, gold extraction, and wastewater treatment.
In terms of geographical presence, Sunresin's revenue sources are primarily distributed as follows:
| Region | Revenue (RMB) | Percentage of Total Revenue |
|---|---|---|
| China | 800 million | 71.4% |
| Asia-Pacific | 200 million | 17.9% |
| Europe | 80 million | 7.1% |
| North America | 40 million | 3.6% |
Sunresin invests heavily in research and development (R&D) to maintain its competitive edge. In 2022, the company allocated approximately RMB 120 million (about USD 18.6 million) to R&D efforts, accounting for roughly 10.7% of total revenue. This investment has led to significant advancements in product innovation and efficiency.
Financial performance metrics for Sunresin reveal a steady increase in net profit margins. The company's net profit in 2022 was approximately RMB 150 million (around USD 23.3 million), reflecting a net profit margin of 13.4%. This improvement can be attributed to streamlined operations and enhanced production capabilities, allowing for greater cost efficiency.
In terms of stock performance, Sunresin is listed on the Shenzhen Stock Exchange under the ticker 300345. As of October 2023, the stock has seen fluctuations, with a current price of approximately RMB 22.50 per share, which represents a 15% increase year-to-date. The market capitalization stands at around RMB 10 billion (approximately USD 1.57 billion).
Sunresin maintains numerous strategic partnerships, which bolster its market position. Collaborations include partnerships with leading research institutions and companies in various sectors aiming to co-develop advanced materials and applications. These alliances foster innovation and open new markets, enhancing Sunresin's growth potential.
Looking at the operational efficiency, the company reported a production capacity increase of 20% in ion exchange resins in 2022, reaching a total capacity of approximately 25,000 tons per year. This growth is indicative of Sunresin's response to escalating demand both domestically and internationally.
Overall, Sunresin New Materials Co., Ltd. operates through a well-rounded approach involving strategic investments in R&D, robust financial management, and a focus on creating innovative products tailored to various industries. The company continues to leverage its strengths to expand its market presence and improve operational efficiency.
How Sunresin New Materials Co.,Ltd Makes Money
Sunresin New Materials Co., Ltd is a Chinese company specializing in the development and production of high-performance adsorbents and separation materials, primarily for the lithium battery, water treatment, and industrial process sectors. The company generates revenue through several key segments:
1. Lithium Battery Materials
Sunresin is a prominent player in the lithium battery industry, providing adsorbents for lithium extraction. In 2022, the revenue from lithium materials represented approximately 40% of the company's total sales. The demand for lithium has surged, driven by the electric vehicle (EV) market, with lithium carbonate prices reaching around $78,000 per ton by mid-2023.
2. Water Treatment Solutions
Another significant revenue stream for Sunresin is its water treatment business, focusing on ion exchange and adsorption technologies. The water treatment division accounted for about 30% of the total revenue in 2022. The global water treatment market value is projected to grow from $350 billion in 2021 to around $650 billion by 2027, highlighting a favorable market environment for Sunresin.
3. Industrial Adsorbents
Sunresin manufactures a variety of industrial adsorbents used in chemical processes. This segment brought in approximately 20% of the company’s revenue in 2022. The industrial adsorbents market is expected to witness a growth rate of 5.6% from 2023 to 2030, offering potential for increased profits in this sector.
4. Research and Development
The company places a strong emphasis on research and development to innovate and expand its product offerings. In 2022, Sunresin invested over $20 million in R&D, which constituted about 5% of its total revenue. This investment is crucial for maintaining competitiveness and entering new markets.
Financial Overview
In 2022, Sunresin reported total revenue of approximately $150 million, showcasing a year-on-year growth of 15%. Below is a table summarizing Sunresin's revenue breakdown by segment:
| Revenue Segment | Percentage of Total Revenue | Revenue Amount (2022) |
|---|---|---|
| Lithium Battery Materials | 40% | $60 million |
| Water Treatment Solutions | 30% | $45 million |
| Industrial Adsorbents | 20% | $30 million |
| Research and Development | 5% | $7.5 million |
| Other Revenues | 5% | $7.5 million |
Market Trends and Future Outlook
The growth potential for Sunresin is closely tied to trends in renewable energy and water scarcity. The global lithium-ion battery market is anticipated to grow to $200 billion by 2025, providing substantial opportunities for Sunresin's lithium materials segment. Furthermore, regulatory pressures and increasing consumer demand for sustainable water solutions will likely bolster its water treatment business.
Additionally, Sunresin has a strategic focus on expanding its international footprint, with a goal to derive 30% of its revenue from overseas markets by 2025. This international expansion is expected to enhance its overall revenue by tapping into high-demand markets in North America and Europe.
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