Subscribe

Changzhou Tronly New Electronic Materials Co., Ltd. (300429.SZ)

CNY12.25 -0.75 (-5.77%)
CN SHZ Basic Materials Chemicals - Specialty
Address Qianjia Industrial Park
Changzhou, CN
CEO Xiaochun Qian
Website tronly.com
IPO 2015-03-24
ISIN CNE100001YR7

Explore sections of this company profile

Description

Changzhou Tronly New Electronic Materials Co., Ltd., established in 1987 with headquarters in Changzhou, China, operates internationally as a specialist in the research, development, manufacturing, and global distribution of advanced electronic materials and plastic goods. The company's extensive product line features various photoinitiators. The HABI series is predominantly employed in dry film and liquid photoresist systems for printed circuit board (PCB) fabrication, in addition to other photocurable formulations. PBG series photoinitiators are integral to display panel technologies (including RGB and BM photoresists), semiconductor packaging, colored UV-curable inks, coatings, and adhesives. Tronly also provides free radical photoinitiators for a broad spectrum of photocurable coatings, inks, and adhesives, such as those used in wood and plastic finishes, offset printing, and inkjet applications. Correspondingly, cationic photoinitiators address the needs of photocurable coatings, inks, and adhesives, with applications ranging from metal coatings to food packaging printing inks. A distinctive product is KS001, a photoinitiator recognized for its non-reproductive toxicity, low odor, and non-sublimating properties, making it well-suited for solder mask inks, food packaging printing inks, and UV-LED curing systems. Furthermore, the company produces acrylic-based PCB photoresist resins and monomers, vital for both dry film and liquid photoresist systems in PCB manufacturing, as well as for photocurable coatings, inks, and adhesives more broadly. Its fluorene monomer series functions as a base material for black photoresist resins, transparency and refractive resins, heat-resistant resin additives, and reactive diluents within light-curing systems. Completing its offerings, the company supplies photosensitizers, photoacid generators, and associated monomers.

Market Cap & Enterprise Value
Merger & Acquisition History

No mergers or acquisitions recorded for this company.

Technical Outlook
Loading outlook…
Loading forecast...
Signal Summary Loading…
Indicator 1D1W2W3W1M
Each column is computed on that timeframe's candles (1D = daily, 1W ≈ weekly, 1M ≈ monthly), not on the same last day. ▲ bullish · ▼ bearish · — neutral. The Net row counts signals per column; hover any cell (or the indicator name) to see the exact rule behind it.
Day Score & sub-scores
Statistical fingerprint & regime detail
Conditional historical analysis
Customize analysis (advanced)
Indicative levels generated algorithmically. Not financial advice.
Risk Profile
Loading risk profile…
Price Chart
Averages
Trend
Price
Levels
Draw
CNY12.25 -0.75 (-5.77%)
Loading historical data…
Volume Profile
Loading…
Liquidity & share structure
Average Volume
33M
Beta
0.63
Float Shares
531.27M
Free Float %
98.7%
Price Performance
1D5D1M3M6M YTD1Y3Y5Y10YMax
-10.74% -10.45% -2.20% -14.07% +1.69% +3.53% +12.75% +37.18% +14.81% -28.51% +255.25%
Rolling Volatility
Loading…
Drawdown
Loading…
Relative Strength
Loading…
Monthly Returns Heatmap
From To
Loading…
Annual Monthly Returns
Loading…
Daily Returns Distribution
vs.
Loading histogram data…

Revenue flow

Revenue by geography

Revenue by segment

From To

Revenue composition

From To

By product

By geography

Financial Statements

Income Statement

Balance Sheet

Cash Flow Statement

Key Metrics

Financial Ratios

Employees

Financial Growth (CAGR)

Market Data

Price Targets & DCF
Current price
12.25
Ratings Trend (MoM)
Rating 2024-11 Change
Strong Buy 0 0
Buy 0 0
Hold 0 0
Sell 0 0
Strong Sell 0 0
Quality scores
Altman Z-Score
3.58
Safe zone
Piotroski F-Score
4 / 9
Average
MOAT Score
1 / 10
No MOAT
Composite Rating
D+
Overall Score
1 / 5
Low
DCF Score
1 / 5
Low
ROE Score
1 / 5
Low
ROA Score
1 / 5
Low
D/E Score
1 / 5
Low
P/E Score
1 / 5
Low
P/Book Score
2 / 5
Medium
Operational MOAT
✗ Below peers
  • Revenue growth Chemicals - Specialty: +4.7%
    +6.6% Q1'26: +15.2% (vs Q1'25)
  • EPS growth Chemicals - Specialty: +13.2%
    +31.4% Q1'26: -406.6% (vs Q1'25)
  • FCF margin FCF growth · Chemicals - Specialty: +44.1%
    -23.9% Q1'26: -3.6% (vs Q1'25)
  • EBIT margin Chemicals - Specialty: +8.8%
    -2.2% Q1'26: -6.3% (vs Q1'25)
  • ROIC Chemicals - Specialty: +5.6%
    -0.8% Q1'26: -2.4% (vs Q1'25)
  • Share dilution Chemicals - Specialty: +0.1%
    -22.1% Q1'26: -22.0% (vs Q1'25)
  • Debt / EBITDA Net debt/EBITDA · Chemicals - Specialty: 0.18×
    8.11× Q1'26: -18.20× (vs Q1'25)
Valuation Multiples From To
Price Forecast (3Y) From To
Model
Adjust
P/E
Theoretical Return — If Invested Today

* These projections are based on analyst consensus estimates and user-defined valuation multiples. This table is for informational purposes only and does not constitute a recommendation to buy or sell any security. Past performance is not indicative of future results.

DCF Interactive Model (UFCF)
Projection years:
Market assumptions
WACC components (optional)
Ke (Cost of Equity) = Rf + β (1.26) × ERP
WACC = 85% × Ke + 15% × Kd (4.4%) × (1−t)

Modifying these values recalculates WACC automatically.

Business assumptions
Current price: 12.25
Enterprise Value: Equity Value: Terminal Value: TV as % of EV:

Base values reflect the latest available data for this company and market conditions.

Consensus Estimates
Metric Dec 2015
actual
Dec 2016
actual
Dec 2017
actual
Dec 2018
actual
Dec 2019
actual
Dec 2020
actual
Dec 2021
actual
Dec 2022
actual
Dec 2025
actual
Dec 2026
1 Rev. Ana.
1 EPS Ana.
Dec 2027
1 Rev. Ana.
1 EPS Ana.
Dec 2028
1 Rev. Ana.
1 EPS Ana.
Dec 2029
1 Rev. Ana.
1 EPS Ana.
Dec 2030
1 Rev. Ana.
1 EPS Ana.
Dec 2031
1 Rev. Ana.
1 EPS Ana.
Revenue
334.44M
est: 356.00M (-6.1%)
439.58M
est: 467.91M (-6.1%)
639.95M
est: 587.00M (+9.0%)
739.08M
est: 765.00M (-3.4%)
863.91M
est: 926.00M (-6.7%)
776.47M
est: 979.13M (-20.7%)
1.04B
est: 1.10B (-5.8%)
891.05M
est: 1.25B (-28.5%)
985.23M
est: 467.91M (+110.6%)
587.00M
587.00M – 587.00M
+25.5% YoY
765.00M
765.00M – 765.00M
+30.3% YoY
926.00M
926.00M – 926.00M
+21.0% YoY
979.13M
979.13M – 979.13M
+5.7% YoY
1.10B
1.10B – 1.10B
+12.7% YoY
1.25B
1.25B – 1.25B
+13.1% YoY
EBITDA
109.19M
est: 48.91M (+123.2%)
142.92M
est: 64.28M (+122.3%)
188.21M
est: 80.65M (+133.4%)
193.46M
est: 105.10M (+84.1%)
209.67M
est: 127.22M (+64.8%)
164.01M
est: 134.52M (+21.9%)
197.91M
est: 151.54M (+30.6%)
89.04M
est: 171.32M (-48.0%)
161.13M
est: 59.82M (+169.3%)
75.05M
75.05M – 75.05M
+25.5% YoY
97.81M
97.81M – 97.81M
+30.3% YoY
118.39M
118.39M – 118.39M
+21.0% YoY
125.18M
125.18M – 125.18M
+5.7% YoY
141.02M
141.02M – 141.02M
+12.7% YoY
159.43M
159.43M – 159.43M
+13.1% YoY
EBIT
92.60M
est: 7.96M (+1,062.6%)
116.58M
est: 10.47M (+1,013.7%)
150.08M
est: 13.13M (+1,042.8%)
146.37M
est: 17.11M (+755.2%)
157.33M
est: 20.72M (+659.5%)
104.73M
est: 21.90M (+378.1%)
127.91M
est: 24.68M (+418.4%)
-15.09M
est: 27.90M (-154.1%)
-21.94M
est: -4.24M (-417.7%)
-5.32M
-5.32M – -5.32M
-25.5% YoY
-6.93M
-6.93M – -6.93M
-30.3% YoY
-8.39M
-8.39M – -8.39M
-21.0% YoY
-8.87M
-8.87M – -8.87M
-5.7% YoY
-9.99M
-9.99M – -9.99M
-12.7% YoY
-11.29M
-11.29M – -11.29M
-13.1% YoY
Net Income
86.51M
est: 134.33M (-35.6%)
116.02M
est: 167.77M (-30.8%)
126.59M
est: 188.28M (-32.8%)
146.56M
est: 206.39M (-29.0%)
150.61M
est: 254.55M (-40.8%)
92.87M
est: 261.43M (-64.5%)
114.85M
est: 316.47M (-63.7%)
-92.66M
est: 371.50M (-124.9%)
-127.35M
est: 130.76M (-197.4%)
146.75M
146.75M – 146.75M
+12.2% YoY
160.86M
160.86M – 160.86M
+9.6% YoY
198.40M
198.40M – 198.40M
+23.3% YoY
203.76M
203.76M – 203.76M
+2.7% YoY
246.66M
246.66M – 246.66M
+21.1% YoY
289.55M
289.55M – 289.55M
+17.4% YoY
SGA
51.91M
est: 48.90M (+6.1%)
67.55M
est: 64.28M (+5.1%)
67.78M
est: 80.64M (-15.9%)
90.99M
est: 105.09M (-13.4%)
111.55M
est: 127.21M (-12.3%)
105.87M
est: 134.50M (-21.3%)
106.05M
est: 151.52M (-30.0%)
142.08M
est: 171.30M (-17.1%)
93.62M
est: 60.41M (+55.0%)
75.79M
75.79M – 75.79M
+25.5% YoY
98.77M
98.77M – 98.77M
+30.3% YoY
119.55M
119.55M – 119.55M
+21.0% YoY
126.41M
126.41M – 126.41M
+5.7% YoY
142.40M
142.40M – 142.40M
+12.7% YoY
160.99M
160.99M – 160.99M
+13.1% YoY
EPS
0.20
est: 0.20 (+2.4%)
0.24
est: 0.24 (-0.4%)
0.26
est: 0.27 (-5.0%)
0.29
est: 0.30 (-3.3%)
0.29
est: 0.37 (-21.0%)
0.18
est: 0.38 (-52.6%)
0.22
est: 0.46 (-51.5%)
-0.18
est: 0.54 (-133.3%)
-0.24
est: 0.24 (-198.4%)
0.27
0.27 – 0.27
+12.2% YoY
0.30
0.30 – 0.30
+9.6% YoY
0.37
0.37 – 0.37
+23.3% YoY
0.38
0.38 – 0.38
+2.7% YoY
0.46
0.46 – 0.46
+21.1% YoY
0.54
0.54 – 0.54
+17.4% YoY
Historical Ratings (3M)
Date Rating Overall DCF ROE ROA D/E P/E P/B
2026-05-29 D+ 1/5 1/5 1/5 1/5 1/5 1/5 2/5
2026-05-28 D+ 1/5 1/5 1/5 1/5 1/5 1/5 2/5
2026-05-27 D+ 1/5 1/5 1/5 1/5 1/5 1/5 2/5
2026-05-26 D+ 1/5 1/5 1/5 1/5 1/5 1/5 2/5
2026-05-25 D+ 1/5 1/5 1/5 1/5 1/5 1/5 2/5
2026-05-22 D+ 1/5 1/5 1/5 1/5 1/5 1/5 2/5
2026-05-21 D+ 1/5 1/5 1/5 1/5 1/5 1/5 2/5
2026-05-20 D+ 1/5 1/5 1/5 1/5 1/5 1/5 2/5
2026-05-19 D+ 1/5 1/5 1/5 1/5 1/5 1/5 2/5
2026-05-18 D+ 1/5 1/5 1/5 1/5 1/5 1/5 2/5
2026-05-15 D+ 1/5 1/5 1/5 1/5 1/5 1/5 2/5
2026-05-14 D+ 1/5 1/5 1/5 1/5 1/5 1/5 2/5
2026-05-13 D+ 1/5 1/5 1/5 1/5 1/5 1/5 2/5
2026-05-12 D+ 1/5 1/5 1/5 1/5 1/5 1/5 2/5
2026-05-11 D+ 1/5 1/5 1/5 1/5 1/5 1/5 2/5
2026-05-08 D+ 1/5 1/5 1/5 1/5 1/5 1/5 2/5
2026-05-07 D+ 1/5 1/5 1/5 1/5 1/5 1/5 2/5
2026-05-06 D+ 1/5 1/5 1/5 1/5 1/5 1/5 2/5
2026-04-30 D+ 1/5 1/5 1/5 1/5 1/5 1/5 2/5
2026-04-29 D+ 1/5 1/5 1/5 1/5 1/5 1/5 2/5
2026-04-28 D+ 1/5 1/5 1/5 1/5 1/5 1/5 2/5
2026-04-27 D+ 1/5 1/5 1/5 1/5 1/5 1/5 2/5
2026-04-24 D+ 1/5 1/5 1/5 1/5 1/5 1/5 2/5
2026-04-23 D+ 1/5 1/5 1/5 1/5 1/5 1/5 2/5
2026-04-22 D+ 1/5 1/5 1/5 1/5 1/5 1/5 2/5
2026-04-21 D+ 1/5 1/5 1/5 1/5 1/5 1/5 2/5
2026-04-20 D+ 1/5 1/5 1/5 1/5 1/5 1/5 2/5
2026-04-17 D+ 1/5 1/5 1/5 1/5 1/5 1/5 2/5
2026-04-16 D+ 1/5 1/5 1/5 1/5 1/5 1/5 2/5

Owner Earnings

Owner's Earnings (history) From To
Owner alignment
Owner's Earnings TTM
83.29M
OE per share TTM
0.17
Owner's Yield
1.12%
Maintenance CapEx ratio
Maint CapEx / Avg PPE
154.0%

Ownership Overview

Ownership breakdown

Ownership breakdown not available.

At a glance
Institutional holders
Total invested
Insider transactions (90d)
0
Beneficial owners (>5%)
0
Beneficial owners (>5%)

No beneficial ownership filings recorded.

Institutional Activity (13F)

Institutional ownership trend

Institutional history not available.

Top institutional holders

Top holders not available.

ETF Ownership

Top ETFs holding this stock Held by 13 ETFs in our universe
# ETF Weight Est. AUM exposure TER
1 Vanguard FTSE All-World ex-US Small-Cap ETF VSS 0.00% 342.1K 0.06%
2 Vanguard FTSE Emerging Markets Shares ETF VGE.AX 0.00% 8.6K 0.48%
3 Vanguard FTSE Emerging Markets All Cap Index ETF VEE.TO 0.00% 19.4K 0.26%
4 Vanguard FTSE Emerging Markets ETF VWO 0.00% 958.0K 0.06%
5 Vanguard ESG International Stock ETF VSGX 0.00% 15.7K 0.10%
6 Vanguard Total International Stock ETF VXUS 0.00% 1.25M 0.05%
7 Vanguard FTSE Global All Cap ex Canada Index ETF VXC.TO 0.00% 1.5K 0.22%
8 Vanguard All-Equity ETF Portfolio VEQT.TO 0.00% 4.6K 0.22%
9 Vanguard Growth ETF Portfolio VGRO.TO 0.00% 2.5K 0.22%
10 Vanguard Balanced ETF Portfolio VBAL.TO 0.00% 1.1K 0.22%

Insider Activity

Insider Activity — Latest Quarter

No insider activity available.

Insider buys vs sells (history)

Insider history not available.

Recent insider transactions

No recent insider transactions.

Executive team

Top executives
EBIT / Employee
-18.8K
Shares Outstanding
538.12M

Executive compensation

Executive compensation (annual)

Executive compensation not available.

CEO compensation breakdown

No CEO compensation history available.

Proxy statements

Proxy statements (DEF 14A)

No proxy statements available for this company yet.

Recent SEC filings

Recent SEC filings

No SEC filings available for this company yet.

Executive team

NameTitleCompensationGender
Bing Wang Vice President male
Jian Xin Yang Vice President male
Jingjing Pan Vice President & Financial Director female
Xiaochun Qian Chairman & President male
Xue Long Zhang Vice President male
Yinsen Ni Vice President, Board Secretary & Director male
Zhicheng Meng Accounting Supervisor
ESG Score History

No data available for this company.

Senate Trading Activity

No Senate trading activity found for this company.

House Trading Activity

No House trading activity found for this company.

Market share among peers
Peer comparison — filtered group (TTM)
Your opinion

Share your view on this stock and instantly see how the community has voted over the last 6 months.

These are community opinions and do not constitute buy or sell advice to act on. The results shown are based on aggregated opinions and are not an investment recommendation, nor do they intend to influence any investment decision.

Dividend yield history

Dividend history

Earnings history

Earnings reports

Stock splits