Crystal Clear Electronic Material Co Ltd

Crystal Clear Electronic Material Co Ltd maintains a conservative capital structure with a debt-to-equity ratio of 0.37 and a strong current ratio of 5.23, indicating ample short-term liquidity to meet obligations. The company holds total assets of 5.30 billion CNY against total liabilities of 2.64 billion CNY, resulting in total equity of 2.66 billion CNY. Despite the strong current ratio, the risk assessment flags medium liquidity risk and notes that net cash is negative after subtracting total debt, suggesting reliance on operating cash flows to service long-term debt of 993 million CNY.

Profitability metrics indicate modest returns, with a return on equity (ROE) of 5.61% and a return on assets (ROA) of 2.82%. The company generated net income of 149.35 million CNY on revenue of 1.61 billion CNY, yielding a net margin of approximately 9.3%. Operating income stood at 204.79 million CNY, reflecting an operating margin of roughly 12.7%. Without cohort median data for direct comparison, these returns appear moderate for a materials company, particularly given the high valuation multiples.

Segment and geographic revenue breakdowns are not provided in the available data, preventing an analysis of revenue concentration or specific market exposures. The company’s activity is broadly classified under chemicals, but specific product lines or customer concentrations remain undisclosed in the current snapshot.

Growth trajectory analysis is limited by the absence of historical period data in the input. The latest normalized period shows revenue of 1.61 billion CNY, but year-over-year or multi-year trends cannot be calculated from the provided single-period snapshot.

Risk factors include medium liquidity risk and low dilution risk. A key flag indicates that net cash is negative after subtracting total debt, which may constrain financial flexibility despite the high current ratio. The low dilution risk suggests that share count stability is likely, with basic and diluted shares outstanding both at 1.13 billion.

Recent investor relations observations show strong analyst sentiment, with a mean recommendation of 1.50 (strong buy) and a uniform price target of 22.38 CNY across all analysts. This represents a potential upside from the current market price of 18.27 CNY. No specific filing, news, or transcript observations were provided to detail recent corporate events.

Analysts project 30% upside to CNY 22.38, reflecting strong buy consensus on the stock's valuation potential.

Cash conversion ratio of 2.48 ranks in the top quartile, highlighting exceptional cash generation capabilities.

Debt-to-equity ratio of 0.37 is below the 0.40 cohort median, suggesting a conservative leverage profile.

High credit risk flag indicates significant potential for financial distress or default issues within the company.

Revenue ¥423.0M, +12,9% YoY; Operating income +112,4% YoY.

• ▍Revenue ¥423.0M, +12,9% YoY
• ▍Operating income +112,4% YoY
• ▍Net income +111,6% YoY
• ▍Net margin 5.0%

Revenue ¥418.9M, +14,3% YoY; Operating income +495,5% YoY.

• ▍Revenue ¥418.9M, +14,3% YoY
• ▍Operating income +495,5% YoY
• ▍Net income +939,0% YoY
• ▍Net margin 14.0%

Revenue ¥398.0M, +9,3% YoY; Operating income +4 290,9% YoY.

• ▍Revenue ¥398.0M, +9,3% YoY
• ▍Operating income +4 290,9% YoY
• ▍Net income +548,8% YoY
• ▍Net margin 6.6%

Revenue ¥369.9M; Operating income ¥57.9M.

• ▍Revenue ¥369.9M
• ▍Operating income ¥57.9M
• ▍Net margin 11.8%

Revenue ¥374.7M; Operating income -¥172.5M.

• ▍Revenue ¥374.7M
• ▍Operating income -¥172.5M
• ▍Net margin -48.1%

Revenue ¥366.6M; Operating income ¥12.9M.

• ▍Revenue ¥366.6M
• ▍Operating income ¥12.9M
• ▍Net margin 1.5%

Revenue ¥364.0M; Operating income -¥1.2M.

• ▍Revenue ¥364.0M
• ▍Operating income -¥1.2M
• ▍Net margin 1.1%

Revenue ¥1.61B, +12,2% YoY; Operating income +213,8% YoY.

• ▍Revenue ¥1.61B, +12,2% YoY
• ▍Operating income +213,8% YoY
• ▍Net income +183,2% YoY
• ▍Free cash flow +137,9% YoY
• ▍Net margin 9.3%

Revenue ¥1.44B, +10,4% YoY; Operating income −3 329,6% YoY.

• ▍Revenue ¥1.44B, +10,4% YoY
• ▍Operating income −3 329,6% YoY
• ▍Net income −1 311,6% YoY
• ▍Free cash flow −52,6% YoY
• ▍Net margin -12.5%

Revenue ¥1.30B, −25,6% YoY; Operating income −97,2% YoY.

• ▍Revenue ¥1.30B, −25,6% YoY
• ▍Operating income −97,2% YoY
• ▍Net income −90,9% YoY
• ▍Free cash flow −66,3% YoY
• ▍Net margin 1.1%

Revenue ¥1.75B, −4,7% YoY; Operating income −23,2% YoY.

• ▍Revenue ¥1.75B, −4,7% YoY
• ▍Operating income −23,2% YoY
• ▍Net income −18,7% YoY
• ▍Free cash flow −458,6% YoY
• ▍Net margin 9.4%

Revenue ¥1.83B; Operating income ¥258.5M.

• ▍Revenue ¥1.83B
• ▍Operating income ¥258.5M
• ▍Net margin 11.0%