XTC New Energy Materials(Xiamen) Co.,Ltd.

Shanghai Stock Exchange 688778.SS

XTC New Energy Materials(Xiamen) Co.,Ltd. Net Income Margin for the year ending December 31, 2023: 3.05%

XTC New Energy Materials(Xiamen) Co.,Ltd. Net Income Margin is 3.05% for the year ending December 31, 2023, a -21.82% change year over year. Net Income Ratio, also known as the profit margin, is the ratio of net income to net sales, showing the percentage of revenue that remains as profit after all expenses are deducted.

XTC New Energy Materials(Xiamen) Co.,Ltd. Net Income Margin for the year ending December 31, 2022 was 3.90%, a 4.85% change year over year.
XTC New Energy Materials(Xiamen) Co.,Ltd. Net Income Margin for the year ending December 31, 2021 was 3.72%, a 18.54% change year over year.
XTC New Energy Materials(Xiamen) Co.,Ltd. Net Income Margin for the year ending December 31, 2020 was 3.14%, a 45.80% change year over year.
XTC New Energy Materials(Xiamen) Co.,Ltd. Net Income Margin for the year ending December 31, 2019 was 2.15%, a 88.66% change year over year.

Key data

Date	Net Income Margin	EBITDA Margin	EBIT Margin	EBITDA

Shanghai Stock Exchange: 688778.SS

XTC New Energy Materials(Xiamen) Co.,Ltd.

CEO	Mr. Peng Zhang
IPO Date	Aug. 5, 2021
Location	China
Headquarters	One of No. 300 Kejingshe
Employees	2,957
Sector	Materials
Industries Lithium 3D Printing Automobiles & Vehicles Ceramics Chemicals & Advanced Materials Composite Materials Electric Vehicles (EVs) Energy Storage & Batteries Plastics

Description

XTC New Energy Materials(Xiamen) Co.,Ltd., together with its subsidiaries, engages in the research and development, production, and sale of lithium ion battery cathode materials in China and internationally. It offers high-voltage lithium cobalt oxide, high-voltage ternary materials, high-power ternary materials, high-nickel ternary materials, etc. used for new energy vehicles, 3C consumer electronics, energy storage, and other applications. The company was founded in 2016 and is based in Xiamen, China.

Key trends

Past 5 years