Dashboard
1
High Debt Company with a Debt to Equity ratio (avg) at times
- Poor long term growth as Net Sales has grown by an annual rate of 23.99% and Operating profit at -35.74% over the last 5 years
- High Debt Company with a Debt to Equity ratio (avg) at times
- The company has been able to generate a Return on Equity (avg) of 8.50% signifying low profitability per unit of shareholders funds
2
Poor long term growth as Net Sales has grown by an annual rate of 23.99% and Operating profit at -35.74% over the last 5 years
3
The company declared very negative results in Mar'25 after flat results in Dec'24
4
With ROE of -0.04%, it has a risky valuation with a 4.50 Price to Book Value
5
Below par performance in long term as well as near term
Stock DNA
Specialty Chemicals
CNY 8,409 Million (Mid Cap)
NA (Loss Making)
NA
0.00%
1.52
0.37%
4.18
Revenue and Profits:
Net Sales:
797 Million
(Quarterly Results - Mar 2026)
Net Profit:
-29 Million
Total Returns (Price + Dividend) 
TimePeriod
Price Return
Dividend Return
Total Return
3 Months
-8.63%
0%
-8.63%
6 Months
-32.12%
0%
-32.12%
1 Year
-29.3%
0%
-29.3%
2 Years
-22.38%
0%
-22.38%
3 Years
-17.42%
0%
-17.42%
4 Years
16.62%
0%
16.62%
5 Years
-54.11%
0%
-54.11%
Ningbo Changhong Polymer Scientific & Technical, Inc. for the last several years.
Risk Adjusted Returns v/s 
News
No Recent News for the Company
Announcements 
No announcement available
Corporate Actions 
No corporate action available
Quality key factors 
Factor
Value
Sales Growth (5y)
23.99%
EBIT Growth (5y)
-35.74%
EBIT to Interest (avg)
9.16
Debt to EBITDA (avg)
6.29
Net Debt to Equity (avg)
1.33
Sales to Capital Employed (avg)
0.56
Tax Ratio
Tax Ratio is Negative%
Dividend Payout Ratio
0
Pledged Shares
0
Institutional Holding
0
ROCE (avg)
7.10%
ROE (avg)
8.50%
Valuation key factors
Factor
Value
P/E Ratio
NA (Loss Making)
Industry P/E
Price to Book Value
4.50
EV to EBIT
268.60
EV to EBITDA
52.55
EV to Capital Employed
2.42
EV to Sales
3.07
PEG Ratio
NA
Dividend Yield
NA
ROCE (Latest)
0.90%
ROE (Latest)
-0.04%
Technicals key factors
Indicator
Weekly
Monthly
MACD
Mildly Bullish
Bearish
RSI
No Signal
No Signal
Bollinger Bands
Mildly Bearish
Mildly Bearish
Moving Averages
Bearish (Daily)
KST
Bearish
Mildly Bearish
Dow Theory
Mildly Bearish
No Trend
OBV
Mildly Bullish
No Trend
Shareholding Snapshot
No data for shareholding present.
Shareholding Compare (%holding) 
No data for shareholding present.
Quarterly Results Snapshot (Consolidated) - Mar'26 - QoQ
Mar'26
Sep'25
Change(%)
Net Sales
797.10
1,122.30
-28.98%
Operating Profit (PBDIT) excl Other Income
-6.10
37.80
-116.14%
Interest
30.80
26.50
16.23%
Exceptional Items
-0.80
0.00
Consolidate Net Profit
-28.90
14.30
-302.10%
Operating Profit Margin (Excl OI)
-7.60%
33.60%
-4.12%
USD in Million.
Net Sales
QoQ Growth in quarter ended Mar 2026 is -28.98% vs -0.26% in Sep 2025
Consolidated Net Profit
QoQ Growth in quarter ended Mar 2026 is -302.10% vs -20.99% in Sep 2025
Annual Results Snapshot (Consolidated) - Dec'24
Dec'24
Dec'23
Change(%)
Net Sales
3,632.70
1,410.00
157.64%
Operating Profit (PBDIT) excl Other Income
307.20
176.70
73.85%
Interest
78.70
58.90
33.62%
Exceptional Items
0.00
0.00
Consolidate Net Profit
94.00
94.90
-0.95%
Operating Profit Margin (Excl OI)
40.50%
28.50%
1.20%
USD in Million.
Net Sales
YoY Growth in year ended Dec 2024 is 157.64% vs -40.31% in Dec 2023
Consolidated Net Profit
YoY Growth in year ended Dec 2024 is -0.95% vs -47.39% in Dec 2023
About Ningbo Changhong Polymer Scientific & Technical, Inc. 
Ningbo Changhong Polymer Scientific & Technical, Inc.
Specialty Chemicals
No Details Available.
Company Coordinates 
No Company Details Available






