Company Deep Dive
Business segments breakdown, earnings transcript analysis, management credibility scoring, competitive landscape, and scenario modelling.
688116.SS
STRONG SELLREMOVEJiangsu Cnano Technology Co., Ltd. · Basic Materials · China · $2.4B · Avg Vol: $81M/d
Jiangsu Cnano Technology has strong quality metrics (Q: 60) and produces carbon nanotubes for batteries. However, it is tied to the highly cyclical and currently oversupplied EV battery supply chain, failing our Terry Smith filter.
COMPANY DESCRIPTION
Jiangsu Cnano Technology Co., Ltd. develops and manufactures carbon nanotubes (CNTs) and graphene-based conductive pastes for lithium-ion batteries. The company is a global market leader in CNT conductive agents, supplying top-tier EV battery manufacturers like CATL and BYD. It is a high-growth advanced materials company with a strong technological moat in multi-walled and single-walled carbon nanotube synthesis.
FINANCIAL SUMMARY (USD)
| Year | 2022 | 2023 | 2024 | 2025 | CAGR |
|---|---|---|---|---|---|
| Revenue | 272M | 208M | 214M | 192M | -11.0% |
| EPS | 0.18 | 0.13 | 0.11 | 0.09 | -20.2% |
| Shares | 344M | 344M | 345M | 367M | +6.5% |
| Debt | 139M | 182M | 204M | 207M | 14.1% |
| Equity | 370M | 400M | 428M | 561M | 14.8% |
| Op CF | 16M | 44M | 41M | 35M | 29.6% |
| Inv CF | -80M | 16M | -175M | -95M | — |
| Fin CF | 138M | 24M | 6M | 82M | — |
SCORE BREAKDOWN
FUNDAMENTALS
SECTOR PEERS
Closest peers in Basic Materials, ranked by industry match, size, and score similarity. Cross-listings of 688116.SS are excluded.
| Ticker | Company | Mkt Cap | StockRank | Signal |
|---|---|---|---|---|
| 688116.SS | Jiangsu Cnano Technology Co., Ltd.(you) | $2.4B | 18 | STRONG SELL |
| 300655.SZ | Crystal Clear Electronic Material Co.,Ltd | $2.4B | 18 | STRONG SELL |
| 603360.SS | Dalian BIO-CHEM Company Limited | $2.2B | 18 | STRONG SELL |
| 002361.SZ | Anhui Shenjian New Materials Co.,Ltd | $2.1B | 18 | STRONG SELL |
| 600409.SS | Tangshan Sanyou Chemical Industries Co.,Ltd | $1.9B | 18 | STRONG SELL |
| 301565.SZ | Sinolong New Materials Co., Ltd. | $1.7B | 17 | STRONG SELL |
| 002408.SZ | Zibo Qixiang Tengda Chemical Co., Ltd | $2.1B | 24 | SELL |
| 688363.SS | Bloomage BioTechnology Corporation Limited | $2.6B | 24 | SELL |
| 000859.SZ | Anhui Guofeng New Materials Co., Ltd. | $1.4B | 15 | STRONG SELL |
| 300741.SZ | Huabao Flavours & Fragrances Co., Ltd. | $1.3B | 16 | STRONG SELL |
Peer medians: ROE 6.1% · P/E 33.1x · Gross margin 17.5%