YOLFTbeta
30

Highbroad Advanced Material (Hefei) Co. Ltd. A

301321 · SHE · Technology / Electronic Components

35.38CNY-1.74 (-4.69%)

Price History

Full chart

Market Stats

Previous Close37.12
Open37.13
Day Range35.03 – 38.14
52-Week Range14.86 – 56.66
Volume4.40M
Market Cap8.38B
P/E (TTM)0.00
Forward P/E0.00
EPS-0.26
Dividend Yield0.00%
Beta1.15
50-Day Avg40.67
200-Day Avg30.17

About

Highbroad Advanced Material (Hefei) Co., Ltd., together with its subsidiaries, engages in the research, development, production, and sale of backlight display modules and core components in the People's Republic of China and internationally. The company offers thin-film transistor liquid crystal display (TFT-LCD) and Mini-LED backlight display modules; reflectors; diffusion and prism sheets; Mini-LED light panels; lamp board driver design; streaming media rearview mirror design; light guide plates; precision structural parts; optical materials; and other related components. It also provides optoelectronic display thin-film devices, including polarizers, optical films, and adhesive tapes for optoelectronic displays; OLED open mask recycling and manufacturing services; optical engines and light sources for liquid crystal displays; display equipment accessories; electronic and electrical components; molds; and electronic parts materials, as well as professional, technical, and business services. The company's products are used in various applications, including laptops, tablets, desktop displays, automotive displays, medical displays, industrial control displays, and VR devices. It exports its products. Highbroad Advanced Material (Hefei) Co., Ltd. was incorporated in 2009 and is based in Hefei, the People's Republic of China.

Company Details

  • SectorTechnology
  • IndustryElectronic Components
  • CEOMr. Zhaozhong Wang
  • Employees2.09K
  • HeadquartersNo. 699 Dayu Road, Hefei, China, 230000, China
  • Websitehttps://www.hibr.com.cn

Leadership

  • Mr. Zhaozhong WangChairman of the Board & GM · b. 1970
  • Ms. Jimei CaiDeputy GM & Director · b. 1978
  • Ms. Dasheng PanSecretary of the Board of Directors · b. 1979
  • Ms. Mengru ZhuangDeputy General Manager · b. 1974
  • Ms. Jing ZhuFinancial Officer · b. 1986

Financials

Income Statement

Currency: CNY2019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Revenue2.38B2.47B2.90B2.21B2.16B2.35B3.28B
Growth (%)-+3.62%+17.79%-24.02%-2.00%+8.49%+39.64%
Cost of Revenue1.94B2.00B2.45B1.89B1.84B2.11B2.95B
Gross Profit442.85M465.57M451.31M316.09M320.80M236.88M327.63M
Gross Margin18.61%18.88%15.54%14.32%14.83%10.09%10.00%
Operating Expense263.13M225.29M255.34M299.72M260.14M298.41M365.01M
Operating Income179.72M240.28M195.97M16.36M60.66M-61.53M-37.38M
Operating Margin7.55%9.74%6.75%0.74%2.80%-2.62%-1.14%
EBITDA313.85M256.50M245.31M47.08M186.34M6.86M53.15M
EBITDA Margin13.19%10.40%8.44%2.13%8.62%0.29%1.62%
Net Income121.79M152.72M127.53M-54.35M52.95M-214.81M-96.80M
Net Income Margin5.12%6.19%4.39%-2.46%2.45%-9.15%-2.95%
R&D112.15M111.65M132.84M134.30M107.82M120.25M124.34M
R&D as % of Total Revenue4.71%4.53%4.57%6.08%4.98%5.12%3.79%
Interest Expense112.50M17.03M20.77M28.47M41.19M85.56M50.52M
Interest Expense % of Total Revenue4.73%0.69%0.72%1.29%1.90%3.65%1.54%

Balance Sheet

Currency: CNY2019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Assets2.12B2.99B3.53B3.88B4.66B5.27B6.24B
Total Liabilities1.33B1.62B2.01B2.43B3.24B3.96B5.11B
Total Equity682.54M1.25B1.36B1.28B1.33B1.04B927.34M
Cash258.41M773.55M933.64M740.35M644.26M839.03M987.76M
Net Debt117.25M--154.13M848.80M755.40M839.27M

Cash Flow

Currency: CNY2019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Operating Cash Flow247.06M306.17M338.73M47.46M164.02M424.62M287.91M
Capital Expenditure169.63M261.11M316.01M688.73M781.93M347.23M376.24M
Free Cash Flow77.43M45.06M22.72M-641.27M-617.91M77.39M-88.33M
Dividends Paid19.59M19.39M62.98M55.35M68.33M88.98M96.15M
FCF to OCF31.34%14.72%6.71%-1351.26%-376.73%18.23%-30.68%
Dividend Paid to FCF25.29%43.03%277.16%-8.63%-11.06%114.98%-108.86%

Earnings

Report DateOct 24, 2022Dec 31, 2022Apr 28, 2023Aug 28, 2023Oct 27, 2023Dec 31, 2023Apr 25, 2024Jun 30, 2024Oct 28, 2024Dec 31, 2024Apr 22, 2025Jun 30, 2025Sep 30, 2025Dec 31, 2025Mar 31, 2026Jun 30, 2026
EPS Estimate----------------
EPS Actual-0.06-0.46-0.690.41-0.01-0.13-0.08-0.28-0.19-0.63-0.200.050.10-0.510.030.09
Surprise----------------
TimingPre-market-Pre-marketAfter-hoursPre-market-After-hours-Pre-market-Pre-market-----

Key Statistics & Ratios

Market Cap8.38B
Enterprise Value11.34B
Trailing P/E0.00
Forward P/E0.00
Price / Sales2.24
Price / Book9.43
EPS-0.26
Book Value5.94
Revenue (TTM)3.73B
Gross Profit (TTM)410.14M
EBITDA167.48M
Profit Margin-1.35%
Operating Margin2.80%
Return on Equity-6.96%
Return on Assets-0.02%
Shares Outstanding186.44M
Shares Float81.89M
Beta1.15
Dividend Yield0.00%
Dividend Rate0.00
Payout Ratio0.00%

Dividends

20221×
0.15Sep 26, 2022

Stock Splits

  • May 31, 20231.5:1