YOLFTbeta
60

Anhui Higasket Plastics Co.Ltd.

603150 · SHG · Technology / Electronic Components

42.46CNY-1.96 (-4.41%)

Price History

Full chart

Market Stats

Previous Close44.42
Open44.75
Day Range41.95 – 45.44
52-Week Range33.57 – 81.32
Volume1.55M
Market Cap5.68B
P/E (TTM)58.76
Forward P/E0.00
EPS1.13
Dividend Yield0.50%
Beta1.25
50-Day Avg59.25
200-Day Avg58.21

About

Higa Co.,Ltd. engages in research, development, production and sales of home appliance, auto parts, small home appliances, and materials in China. The company also offers home appliance parts, including refrigerator door seals, blister products, assembly products, and plastic injection products; auto parts, such as electric power steering; small household appliances, including electric fans, heaters, garment steamers, humidifiers, food processors, grills, water appliances, and related spare parts; and material products, which include polymer PVC materials, magnetic materials, etc. In addition, it provides injection molding; washing machine door seal; hard extrusion; and glass doors, insulated glass doors and glass shelves. Further, it is involved in trading and manufacturing activities. The company was formerly known as Anhui Higasket Plastics Co.,Ltd. Higa Co.,Ltd. was founded in 1999 and is based in Hefei, China.

Company Details

  • SectorTechnology
  • IndustryElectronic Components
  • CEOMr. Yuhai Chen
  • Employees10.93K
  • HeadquartersNorth of Tangkou Road, Hefei, China, 230601, China
  • Websitehttps://en.higasket.com

Leadership

  • Mr. Yuhai ChenGM & Director · b. 1986
  • Ms. Fang DingFinancial Director · b. 1988
  • Ms. Fangfang ZhangDeputy GM & Director · b. 1979

Financials

Income Statement

Currency: CNY2019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Revenue967.49M1.22B1.48B1.71B2.56B3.38B4.12B
Growth (%)-+25.63%+21.56%+15.70%+50.01%+31.95%+21.87%
Cost of Revenue655.10M850.08M1.08B1.29B1.98B2.65B3.32B
Gross Profit312.40M365.37M396.08M421.61M587.59M734.30M804.49M
Gross Margin32.29%30.06%26.81%24.67%22.91%21.70%19.51%
Operating Expense177.87M179.02M204.24M248.82M369.06M492.18M590.59M
Operating Income134.53M186.35M191.84M172.79M218.53M242.12M213.90M
Operating Margin13.90%15.33%12.98%10.11%8.52%7.16%5.19%
EBITDA119.81M163.11M232.08M250.38M275.59M331.58M358.95M
EBITDA Margin12.38%13.42%15.71%14.65%10.75%9.80%8.70%
Net Income91.36M132.82M139.83M149.32M135.48M139.03M111.33M
Net Income Margin9.44%10.93%9.46%8.74%5.28%4.11%2.70%
R&D33.35M46.77M54.04M55.69M83.29M99.96M125.63M
R&D as % of Total Revenue3.45%3.85%3.66%3.26%3.25%2.95%3.05%
Interest Expense8.98M9.93M9.46M12.69M25.77M49.37M59.69M
Interest Expense % of Total Revenue0.93%0.82%0.64%0.74%1.00%1.46%1.45%

Balance Sheet

Currency: CNY2019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Assets1.18B1.50B1.67B2.53B3.61B4.90B6.65B
Total Liabilities709.01M939.48M1.02B1.13B2.10B3.09B4.65B
Total Equity465.49M554.26M642.74M1.34B1.42B1.59B1.73B
Cash137.72M151.00M164.51M338.02M335.33M399.71M845.05M
Net Debt110.24M117.19M62.80M-320.88M745.11M769.98M

Cash Flow

Currency: CNY2019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Operating Cash Flow-140.94M-123.45M32.79M37.07M119.43M68.09M402.82M
Capital Expenditure69.52M47.97M125.82M307.76M387.14M276.00M275.77M
Free Cash Flow-210.46M-171.42M-93.03M-270.69M-267.70M-207.92M127.05M
Dividends Paid43.99M42.06M45.47M47.51M43.77M30.15M69.88M
FCF to OCF149.33%138.86%-283.70%-730.23%-224.15%-305.38%31.54%
Dividend Paid to FCF-20.90%-24.54%-48.88%-17.55%-16.35%-14.50%55.00%

Earnings

Report DateMar 31, 2022Jun 30, 2022Sep 30, 2022Dec 31, 2022Mar 31, 2023
EPS Estimate-----
EPS Actual0.430.450.470.430.34
Surprise-----
Timing-----

Key Statistics & Ratios

Market Cap5.68B
Enterprise Value7.88B
Trailing P/E58.76
Forward P/E0.00
Price / Sales0.88
Price / Book3.74
EPS1.13
Book Value20.34
Revenue (TTM)6.43B
Gross Profit (TTM)889.35M
EBITDA363.60M
Profit Margin1.50%
Operating Margin1.82%
Return on Equity3.26%
Return on Assets2.19%
Shares Outstanding85.48M
Shares Float49.82M
Beta1.25
Dividend Yield0.50%
Dividend Rate0.33
Payout Ratio13.27%

Dividends

20261×
0.18Jul 8, 2026
20252×
0.15Nov 11, 20250.17Jul 4, 2025
20231×
0.36Jun 29, 2023
20221×
0.51Jun 8, 2022