Breaking Down Sunresin New Materials Co.,Ltd Financial Health: Key Insights for Investors

From its founding in 2001 to its Shenzhen listing in 2015 under ticker 300487, Sunresin New Materials Co., Ltd. has evolved into a global specialty-resins player with a 2024 revenue of 2.55 billion yuan and net income of 787 million yuan (around a 31% net margin), driven by diversified sales of ion-exchange and adsorption resins, equipment and technical services across biomedicine, water treatment, food and hydrometallurgy; the company's international push-reflected in 655 million yuan of overseas revenue in 2024 (up 45.1%)-is supported by subsidiaries in Belgium, Germany, Argentina and the U.S., a 20,000-square-meter production base in Xi'an, and over 30 domestic and international patents, while its ownership structure (507.12 million shares outstanding, market capitalization of approximately 30.08 billion yuan, insiders holding 53.89% and institutions 16.43%) and a workforce of 1,579 employees (up 7.27% year-on-year) underscore the management's skin in the game and capacity to scale commercialized, research-intensive separation solutions.

Sunresin New Materials Co.,Ltd (300487.SZ) - Intro

• Founded in 2001 to focus on research, development, production and sales of adsorption and separation materials and ion-exchange separation system devices.
• Listed on the Shenzhen Stock Exchange in 2015 under ticker 300487, a key liquidity and growth milestone.
• Since listing, expanded R&D, manufacturing capacity and international footprint with subsidiaries and branches in Belgium, Germany, Argentina and the United States.
• By 2024 the company reported consolidated annual revenue of 2.55 billion yuan, up 2.62% year-over-year; overseas sales reached 655 million yuan, up 45.1% year-over-year.
• Headcount grew to 1,579 employees as of December 2024, a 7.27% increase from the prior year, reflecting capacity expansion and increased commercial activity.

• Publicly traded entity: ticker 300487.SZ on Shenzhen Stock Exchange.
• Shareholder mix includes institutional investors, mutual funds, and retail investors typical for a Chinese small-to-mid cap industrial technology company.
• Global operational footprint maintained via wholly-owned subsidiaries and branch offices in Europe, the Americas and Asia to support sales, technical service and local certification.

• Core mission: develop high-performance adsorption and ion-exchange materials and integrated separation systems for environmental protection, resource recovery and industrial processes.
• Strategic pillars: R&D innovation, vertical integration of resin production, international market expansion, and deepening applications in water treatment, precious metal recovery and pharmaceutical separations.

• Core technologies: functional polymeric resins (adsorbents and ion-exchange materials), process cartridges/modules, and custom separation systems.
• Typical application workflows:
  • Customer specifies target contaminant or valuable component (e.g., heavy metals, gold, rare earths, organics).
  • Sunresin selects or engineers resin with tailored selectivity and capacity.
  • Resin is deployed in column systems or modular devices; after adsorption, elution/regeneration recovers the target and restores resin life.
• R&D and pilot testing feed continuous product iteration to improve selectivity, cycle life and throughput for industrial customers.

• Regional subsidiaries/branches: Belgium, Germany, Argentina, United States - used for local sales, technical support and regulatory compliance.
• End markets: municipal and industrial water treatment, mining and precious metal recovery, fine chemicals and pharmaceuticals, environmental remediation.

Sunresin New Materials Co.,Ltd (300487.SZ): History

• IPO and listing: Shenzhen Stock Exchange, ticker 300487.SZ.
• Core products: ion-exchange resins, adsorbents, and specialty polymer materials for water treatment and separation processes.
• Key markets: municipal water treatment, industrial wastewater, potable water purification, and chemical processing.

• High insider ownership (53.89%) signals strong management alignment with long-term value creation.
• Institutional investors (16.43%) provide a level of professional validation and liquidity support.
• Public float (29.68%) allows tradability and market discovery while retaining concentrated control.

• Mission: Develop high-performance polymeric adsorption and ion-exchange solutions to improve water quality and enable industrial separations with lower energy and chemical consumption.
• Technology & operations: Company designs, synthesizes and manufactures tailored resins and adsorbents, scaling from laboratory formulations to industrial-grade beads and media; it operates manufacturing facilities and quality control labs to ensure performance and regulatory compliance.
• Revenue model: Product sales (resins, adsorbents, related consumables), engineering services, after-sales maintenance and replacement media; recurring revenue comes from periodic media replacement and long-term service contracts.

Sunresin New Materials Co.,Ltd (300487.SZ): Ownership Structure

• Commitment to innovation: holds more than 30 patents in China and internationally.
• Industry leadership: has completed more than ten national-level resin development projects.
• Quality & environment: certified to ISO 9001 (Quality) and ISO 14001 (Environmental management).
• International approvals: awarded WQA Golden Seal, Kosher, CE and Halal certificates for various product lines.

• Revenue model: product sales of ion-exchange resins, customized resin systems, technical service contracts, and after-sales support.
• Profit drivers: proprietary resin formulations, scale manufacturing efficiencies, certification-enabled access to regulated end-markets, and participation in national R&D programs.
• Environmental focus: manufacturing processes designed to meet international environmental regulations and reduce emissions/waste in production.

Sunresin New Materials Co.,Ltd (300487.SZ): Mission and Values

• Core offerings: ion exchange resins, adsorption resins, chelating resins, functional adsorbents, catalysts and engineering systems.
• Target end markets: biomedicine (downstream purification, APIs), food & beverage (color removal, decolorization, sugar refining), water treatment (industrial & municipal), and hydrometallurgy (rare earths, lithium recovery, precious metals).
• Value proposition: combine polymer material science with process engineering to deliver complete, turn-key systems rather than stand‑alone consumables.

• Product customization: resin particle size, macropore/micropore distribution, functional group density and mechanical strength are tuned to application-specific kinetics and throughput.
• System integration: fixed-bed and packed-bed columns, custom skids for continuous processing, regeneration and solvent handling systems, plus analytical QC and process validation support for regulated sectors.
• R&D-to-manufacturing pipeline: internal labs translate lab-scale separations into pilot- and full-scale systems, supported by Sunresin's production bases.

• Consumable sales: recurring revenue from resin beads and regenerants for customers' ongoing operations.
• Capital equipment & systems: one-time or staged revenue from engineered skid systems, packed columns and on-site installations.
• Technical & after-sales services: commissioning, validation, resin lifecycle management, analytics and custom R&D (higher-margin advisory and service streams).
• Project and licensing contracts: larger hydrometallurgy and bioprocess projects with multi-year supply/maintenance agreements.

• Move up the value chain into regulated life-science separations (GMP-grade resins, validated processes) to capture higher margins.
• Leverage hydrometallurgy and clean-energy metal recovery (lithium, rare earths) as demand for sustainable technologies grows.
• Expand service and systems revenue to stabilize cash flow vs. cyclical product demand.
• Continuous innovation: polymer chemistry, surface functionalization and scale-up expertise to reduce costs and improve selectivity.

Sunresin New Materials Co.,Ltd (300487.SZ): How It Works

• Primary technology platforms: ion exchange resins (strong/weak acid and base), adsorption resins (polar, non-polar, chelating), and specialty separation media engineered for selectivity and capacity.
• Integrated solutions: resin supply + column/equipment packages + process design and commissioning.
• Technical services: lab testing, pilot trials, process optimization, regeneration and lifecycle management of resin products.

• Water & wastewater treatment: demineralization, softening, nitrate/arsenic removal and effluent polishing using ion exchange and adsorption media.
• Food & beverage: purification of sugars, color removal, and concentration/polishing of food-grade streams.
• Biotech & pharmaceuticals: separation and purification of active ingredients, intermediates and biomolecules via tailored resins and columns.
• Hydrometallurgy: selective recovery and purification of precious metals, rare earths and copper via chelating and selective adsorption resins.

• Product sales: resin products (standard and customized) and related equipment form the largest revenue stream.
• Engineering & equipment: sale and installation of columns, skid-mounted units and turnkey separation systems.
• Service revenue: lab testing, pilot studies, on-site commissioning, process optimization and after-sales resin regeneration/maintenance.
• Export sales: direct overseas customers and distributors contribute materially to topline growth.

• Publicly listed on the Shenzhen Stock Exchange (300487.SZ), with a mix of institutional, retail and strategic shareholders.
• R&D and product-upgrade investments prioritize high-value-added specialty resins to improve margins and reduce commodity exposure.
• International expansion and channel development bolster overseas revenue and diversify geographic risk.

• High margin mix: emphasis on specialty/high-value resins and engineering services increases average selling price and gross margin.
• Vertical capabilities: in-house resin synthesis, formulation and equipment integration reduce cost and speed time-to-market.
• After-sales services: regeneration and lifecycle services provide recurring revenue and higher lifetime customer value.

Sunresin New Materials Co.,Ltd (300487.SZ): How It Makes Money

• Product sales: resin beads, packed and pre-packed columns, custom chromatographic media for purification and separation.
• System solutions: engineered separation systems, turnkey purification lines and process optimization services.
• After-sales and consumables: regeneration chemicals, spare parts, technical support and maintenance contracts.
• Export sales: international distribution and partnerships expanding global footprint (overseas revenue growth of 45.1% in 2024).

• Capital allocation is focused on scaling production capacity, targeted R&D for separation efficiency, and international commercialization - actions that support the reported robust net margin.
• Internationalization: rising overseas revenue signals increasing global adoption of Sunresin's certified materials and systems.
• Customer stickiness: validated, regulated workflows in life sciences lead to recurring procurement and service revenues.