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Hangzhou Fortune Gas Cryogenic Group Co. Ltd. A

Hangzhou Fortune Gas Cryogenic Group Co. Ltd. A

603173 · SHG · Industrials / Specialty Industrial Machinery

31.33CNY-1.03 (-3.18%)

Price History

Full chart

Market Stats

Previous Close32.36
Open32.45
Day Range31.23 – 32.80
52-Week Range27.70 – 53.98
Volume1.70M
Market Cap4.78B
P/E (TTM)14.80
Forward P/E0.00
EPS2.02
Dividend Yield2.74%
Beta0.40
50-Day Avg30.73
200-Day Avg38.41

About

Hangzhou Fortune Gas Cryogenic Group Co., Ltd. engages in the manufacturing and sales of cryogenic equipment. It offers air separation equipment, natural gas processing and liquefaction units, and hydrogen synthesis gas equipment. The company also provides air separation units, and liquid air separation unit; rare gases, such as krypton/xenon, helium/neon, and helium extraction and liquefaction; and coil-wound heat exchanger, cold box, vacuum cryogenic storage tank, and vaporizer, as well as is involved in the operation and service of industrial gases. It serves energy and resources, chemical, materials, environmental protection, pulp and paper, electronics, machinery, and construction industries. The company operates in the United States, Japan, South Korea, India, Europe, the Commonwealth of Independent States, the Middle East, Southeast Asia, Africa, and Latin America. The company was founded in 1984 and is based in Hangzhou, China.

Company Details

  • SectorIndustrials
  • IndustrySpecialty Industrial Machinery
  • CEOMr. Haojun Ge
  • Employees921
  • HeadquartersYuhang Economic and Technological Dev Zone, Hangzhou, China, 311199, China
  • Websitehttps://www.fortune-gas.com

Leadership

  • Mr. Haojun GeMD, GM & Director · b. 1976
  • Mr. Zheng Jie HuangFinancial Director · b. 1989
  • Mr. Haohua GeDeputy GM & Director · b. 1978
  • Mr. Yuanfei ZhangBoard Secretary · b. 1981
  • Mr. Jia Lin RuanDeputy GM, Dean of Deep Cold Research Institute & Core Technical Personnel · b. 1970
  • Xiang Zhen ZhuAccounting Supervisor

Financials

Income Statement

Currency: CNY2021-12-312022-12-312023-12-312024-12-312025-12-31
Total Revenue1.45B1.89B2.16B2.42B3.00B
Growth (%)-+30.37%+14.30%+12.20%+24.14%
Cost of Revenue1.11B1.51B1.68B1.85B2.21B
Gross Profit333.55M378.25M471.97M565.26M790.00M
Gross Margin23.06%20.06%21.89%23.37%26.31%
Operating Expense141.26M165.08M178.96M183.41M237.77M
Operating Income192.29M213.17M293.01M381.85M552.23M
Operating Margin13.29%11.30%13.59%15.79%18.39%
EBITDA-171.06M240.82M332.55M544.80M
EBITDA Margin-9.07%11.17%13.75%18.14%
Net Income160.17M141.94M191.15M261.16M421.35M
Net Income Margin11.07%7.53%8.87%10.80%14.03%
R&D72.95M90.17M98.06M96.66M115.35M
R&D as % of Total Revenue5.04%4.78%4.55%4.00%3.84%
Interest Expense2.79M4.17M3.74M1.48M3.84M
Interest Expense % of Total Revenue0.19%0.22%0.17%0.06%0.13%

Balance Sheet

Currency: CNY2021-12-312022-12-312023-12-312024-12-312025-12-31
Total Assets2.03B2.91B4.40B5.30B5.58B
Total Liabilities1.53B2.29B2.94B3.67B3.61B
Total Equity499.03M623.03M1.45B1.63B1.98B
Cash224.74M391.90M1.37B1.52B1.62B

Cash Flow

Currency: CNY2021-12-312022-12-312023-12-312024-12-312025-12-31
Operating Cash Flow21.26M20.98M514.07M401.22M912.06M
Capital Expenditure56.41M56.45M110.85M110.15M113.30M
Free Cash Flow-35.15M-35.47M403.22M291.07M798.76M
Dividends Paid2.74M23.21M26.27M60.72M79.21M
FCF to OCF-165.38%-169.10%78.44%72.55%87.58%
Dividend Paid to FCF-7.80%-65.44%6.51%20.86%9.92%

Earnings

Report DateMar 31, 2023
EPS Estimate-
EPS Actual0.22
Surprise-
Timing-

Key Statistics & Ratios

Market Cap4.78B
Enterprise Value2.83B
Trailing P/E14.80
Forward P/E0.00
Price / Sales1.77
Price / Book2.40
EPS2.02
Book Value12.62
Revenue (TTM)2.70B
Gross Profit (TTM)708.81M
EBITDA443.96M
Profit Margin11.90%
Operating Margin11.40%
Return on Equity16.85%
Return on Assets4.15%
Shares Outstanding160.00M
Shares Float45.49M
Beta0.40
Dividend Yield2.74%
Dividend Rate0.82
Payout Ratio40.59%

Dividends

20261×
0.82Jun 17, 2026
20251×
0.50Jun 17, 2025
20241×
0.37May 24, 2024
20231×
0.14Jun 16, 2023