Zhejiang Hongchang Electrical Technology Co. Ltd.

301008 · SHE · Technology / Electronic Components

35.15CNY-2.88 (-7.57%)

Price History

Full chart

Market Stats

Previous Close38.03

Open35.55

Day Range34.86 – 38.60

52-Week Range23.06 – 61.48

Volume7.44M

Market Cap6.76B

P/E (TTM)132.38

Forward P/E0.00

EPS0.39

Dividend Yield0.05%

Beta0.16

50-Day Avg41.14

200-Day Avg34.61

About

Zhejiang Hongchang Electrical Technology Co., Ltd. engages in research, development, production, and sale of fluid solenoid valves, sensors, and other electrical accessories in China. The company offers valves for washing machines, dishwashers, toilets, water purifiers; and machine water level sensor. It also offers modular component, door lock for washing machine; high and low pressure switch for water purifiers; dispenser and auto dosing; and electronic water pump. The company was founded in 1996 and is based in Jinhua, China.

Company Details

SectorTechnology
IndustryElectronic Components
CEOMr. Can Lu
Employees1.45K
HeadquartersNo. 788, Xinhong Road, Jinhua, China, 321017, China
Websitehttps://www.hongchang.com.cn

Leadership

Mr. Can LuGM & Non-Independent Director · b. 1984
Ms. Jue TaoDeputy GM, Financial Director & Director · b. 1977
Mr. Yan SheDeputy GM, Secretary of the Board & Non-Independent Director · b. 1984
Mr. Hongping WuDeputy General Manager · b. 1980
Ms. Yueqin ShaoAccounting Supervisor

Financials

Income Statement

Currency: CNY	2017-12-31	2018-12-31	2019-12-31	2020-12-31	2021-12-31	2022-12-31	2023-12-31	2024-12-31	2025-12-31
Total Revenue	316.15M	385.09M	506.10M	577.00M	767.82M	826.42M	884.53M	1.03B	1.15B
Growth (%)	-	+21.81%	+31.42%	+14.01%	+33.07%	+7.63%	+7.03%	+16.09%	+11.68%
Cost of Revenue	234.37M	284.71M	356.38M	425.07M	623.91M	679.22M	712.92M	860.82M	995.38M
Gross Profit	81.78M	100.38M	149.72M	151.93M	143.92M	147.20M	171.61M	166.05M	151.38M
Gross Margin	25.87%	26.07%	29.58%	26.33%	18.74%	17.81%	19.40%	16.17%	13.20%
Operating Expense	50.63M	68.72M	71.32M	58.61M	70.71M	75.24M	75.78M	109.14M	118.98M
Operating Income	31.15M	31.66M	78.40M	93.32M	73.21M	71.96M	95.83M	56.91M	32.40M
Operating Margin	9.85%	8.22%	15.49%	16.17%	9.53%	8.71%	10.83%	5.54%	2.83%
EBITDA	64.97M	83.98M	100.17M	117.63M	104.01M	108.59M	143.21M	122.15M	107.05M
EBITDA Margin	20.55%	21.81%	19.79%	20.39%	13.55%	13.14%	16.19%	11.90%	9.34%
Net Income	24.81M	25.13M	68.51M	81.91M	68.04M	67.26M	85.91M	52.47M	32.84M
Net Income Margin	7.85%	6.53%	13.54%	14.20%	8.86%	8.14%	9.71%	5.11%	2.86%
R&D	11.19M	14.77M	19.58M	20.41M	31.82M	34.20M	40.16M	44.38M	47.08M
R&D as % of Total Revenue	3.54%	3.84%	3.87%	3.54%	4.14%	4.14%	4.54%	4.32%	4.11%
Interest Expense	1.60M	7.45M	2.46M	2.69M	5.55M	4.97M	11.37M	19.15M	7.64M
Interest Expense % of Total Revenue	0.50%	1.93%	0.49%	0.47%	0.72%	0.60%	1.28%	1.87%	0.67%

Balance Sheet

Currency: CNY	2017-12-31	2018-12-31	2019-12-31	2020-12-31	2021-12-31	2022-12-31	2023-12-31	2024-12-31	2025-12-31
Total Assets	469.28M	462.49M	597.17M	691.77M	1.38B	1.50B	2.02B	2.05B	2.24B
Total Liabilities	269.50M	217.87M	282.02M	309.44M	419.04M	474.99M	884.56M	921.26M	728.36M
Total Equity	199.79M	244.63M	315.15M	382.33M	957.09M	1.03B	1.13B	1.12B	1.51B
Cash	38.25M	9.11M	28.77M	46.99M	440.34M	382.97M	794.15M	537.93M	596.36M
Total Debt	90.95M	49.99M	41.05M	30.54M	39.55M	71.50M	447.11M	377.21M	-
Net Debt	52.70M	40.88M	12.28M	-16.45M	-400.79M	-311.47M	-347.04M	-160.72M	-

Cash Flow

Currency: CNY	2017-12-31	2018-12-31	2019-12-31	2020-12-31	2021-12-31	2022-12-31	2023-12-31	2024-12-31	2025-12-31
Operating Cash Flow	-11.79M	44.08M	67.04M	69.44M	25.68M	16.78M	145.44M	84.46M	172.57M
Investing Cash Flow	15.27M	-59.05M	-22.78M	-27.85M	-182.21M	-76.64M	-145.64M	-282.34M	-
Financing Cash Flow	13.24M	-4.14M	-31.40M	-27.46M	514.40M	21.73M	387.45M	-56.80M	-
Capital Expenditure	21.79M	22.66M	22.90M	27.94M	73.18M	108.63M	148.82M	119.50M	75.75M
Free Cash Flow	-33.58M	21.42M	44.14M	41.50M	-47.50M	-91.85M	-6.50M	-35.04M	96.83M
Dividends Paid	3.03M	5.70M	22.41M	16.96M	40.00M	1.84M	34.84M	50.77M	12.83M
FCF to OCF	284.81%	48.58%	65.84%	59.76%	-184.96%	-547.25%	-4.47%	-41.49%	56.11%
Dividend Paid to FCF	-9.02%	26.63%	50.76%	40.87%	-84.21%	-2.00%	-536.26%	-144.88%	13.25%

Earnings

Report Date	Jun 30, 2021	Sep 30, 2021	Dec 31, 2021	Mar 31, 2022	Jun 30, 2022	Sep 30, 2022	Dec 31, 2022	Mar 31, 2023	Jun 30, 2023	Sep 30, 2023	Dec 31, 2023	Mar 31, 2024	Jun 30, 2024	Sep 30, 2024	Dec 31, 2024	Mar 31, 2025	Jun 30, 2025	Sep 30, 2025	Dec 31, 2025	Mar 31, 2026	Jun 30, 2026
EPS Estimate	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
EPS Actual	0.12	0.15	0.16	0.10	0.16	0.14	0.20	0.09	0.20	0.22	0.26	0.15	0.13	0.12	0.08	0.11	0.03	0.07	0.06	0.01	0.25
Surprise	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Timing	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-

Key Statistics & Ratios

Market Cap6.76B

Enterprise Value7.24B

Trailing P/E132.38

Forward P/E0.00

Price / Sales5.82

Price / Book5.07

EPS0.39

Book Value11.87

Revenue (TTM)1.16B

Gross Profit (TTM)138.34M

EBITDA74.28M

Profit Margin4.39%

Operating Margin-2.93%

Return on Equity3.23%

Return on Assets0.24%

Shares Outstanding130.96M

Shares Float57.58M

Beta0.16

Dividend Yield0.05%

Dividend Rate0.03

Payout Ratio7.20%

Dividends

20261×

0.03Jun 9, 2026

20251×

0.10May 19, 2025

20241×

0.43Jun 20, 2024

20231×

0.29May 17, 2023

20211×

0.36Oct 13, 2021

Stock Splits

Jun 20, 20241.4:1
May 27, 20221.2:1