Stock 603806 HANGZHOU FIRST APPLIED MATERIAL CO., LTD.
Add to a list
To use this feature you must be a member
Log inSign up

Financials Hangzhou First Applied Material Co., Ltd.

Equities

603806

CNE100001VX1

Commodity Chemicals

End-of-day quote Shanghai S.E.
Other stock markets
 18:00:00 2024-07-04 EDT 		5-day change 1st Jan Change
13.62 CNY +2.41% Intraday chart for Hangzhou First Applied Material Co., Ltd. -7.35% -21.43%
06-01 Tranche Update on Hangzhou First Applied Material Co., Ltd.'s Equity Buyback Plan announced on May 31, 2023. CI
05-30 Hangzhou First Applied Material Co., Ltd.'s Equity Buyback announced on May 31, 2023, has closed with 2,738,800 shares, representing 0.1% for CNY 80.09 million. CI

Valuation

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 25,398 65,720 124,167 88,468 45,192 35,483 - -
Enterprise Value (EV) 1 24,427 65,398 121,503 86,016 43,492 33,767 32,987 33,060
P/E ratio 26.6 x 40.9 x 55.6 x 56.3 x 24.3 x 14.3 x 11.6 x 9.94 x
Yield 1.13% 0.53% 0.27% 0.23% 1.07% 1.73% 1.85% 2.25%
Capitalization / Revenue 3.98 x 7.83 x 9.66 x 4.69 x 2 x 1.36 x 1.16 x 1.01 x
EV / Revenue 3.83 x 7.79 x 9.45 x 4.56 x 1.93 x 1.29 x 1.08 x 0.94 x
EV / EBITDA 20.3 x 34 x 45.6 x 39.1 x 18.4 x 10.8 x 8.71 x 7.22 x
EV / FCF - - -179 x -158 x -63.2 x 21.7 x 25 x 12.3 x
FCF Yield - - -0.56% -0.63% -1.58% 4.6% 4% 8.16%
Price to Book 3.89 x 7.57 x 10.2 x 6.57 x 3 x 2.03 x 1.76 x 1.55 x
Nbr of stocks (in thousands) 2,409,144 2,533,982 2,609,829 2,609,829 2,606,877 2,605,232 - -
Reference price 2 10.54 25.94 47.58 33.90 17.34 13.62 13.62 13.62
Announcement Date 20-03-20 21-03-25 22-03-17 23-04-20 24-04-11 - - -
1CNY in Million2CNY
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net sales 1 6,378 8,393 12,858 18,877 22,589 26,120 30,596 35,297
EBITDA 1 1,206 1,921 2,665 2,199 2,368 3,138 3,788 4,581
EBIT 1 1,094 1,790 2,471 1,699 2,046 2,818 3,388 4,025
Operating Margin 17.16% 21.32% 19.22% 9% 9.06% 10.79% 11.07% 11.4%
Earnings before Tax (EBT) 1 1,092 1,782 2,469 1,702 2,049 2,906 3,420 4,033
Net income 1 957.1 1,565 2,197 1,579 1,850 2,492 3,013 3,601
Net margin 15.01% 18.65% 17.08% 8.36% 8.19% 9.54% 9.85% 10.2%
EPS 2 0.3970 0.6347 0.8564 0.6020 0.7143 0.9502 1.176 1.371
Free Cash Flow 1 - - -678.3 -545.6 -688.5 1,553 1,318 2,696
FCF margin - - -5.28% -2.89% -3.05% 5.95% 4.31% 7.64%
FCF Conversion (EBITDA) - - - - - 49.5% 34.8% 58.86%
FCF Conversion (Net income) - - - - - 62.32% 43.76% 74.89%
Dividend per Share 2 0.1193 0.1367 0.1276 0.0765 0.1857 0.2357 0.2518 0.3058
Announcement Date 20-03-20 21-03-25 22-03-17 23-04-20 24-04-11 - - -
1CNY in Million2CNY
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: December 2021 Q4 2022 Q1 2022 Q2 2022 Q3 2022 Q4 2023 Q1 2023 Q2 2023 Q3 2023 Q4 2024 Q1 2024 Q2 2024 Q3 2024 Q4
Net sales - 3,884 5,131 4,531 5,331 4,913 5,703 - - - - - -
EBITDA - - - - - - - - - - - - -
EBIT - 386.4 836.9 468.8 6.848 398.1 - - - - - - -
Operating Margin - 9.95% 16.31% 10.35% 0.13% 8.1% - - - - - - -
Earnings before Tax (EBT) - - - - - - - - - - - - -
Net income 860.3 - - 476.4 - 364.3 - 546.3 - - - - -
Net margin - - - 10.51% - 7.42% - - - - - - -
EPS 1 - 0.1312 0.2194 0.1837 0.0153 0.1429 0.1929 0.2000 0.1786 0.2000 0.2800 0.2900 0.2200
Dividend per Share - - - - - - - - - - - - -
Announcement Date 22-03-17 22-04-29 22-08-29 22-10-28 23-04-20 23-04-21 23-08-24 23-10-27 24-04-11 24-04-30 - - -
1CNY
Estimates

Balance Sheet Analysis

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net Debt 1 - - - - - - - -
Net Cash position 1 972 322 2,663 2,452 1,700 1,716 2,496 2,424
Leverage (Debt/EBITDA) - - - - - - - -
Free Cash Flow 1 - - -678 -546 -689 1,553 1,319 2,697
ROE (net income / shareholders' equity) 16.2% 20.9% 20.7% 12.3% 12.5% 14.3% 15.4% 16%
ROA (Net income/ Total Assets) 13% 15.8% 17.4% 9.32% 8.8% 11.1% 11.7% 12.5%
Assets 1 7,381 9,925 12,616 16,941 21,015 22,420 25,822 28,800
Book Value Per Share 2 2.710 3.420 4.670 5.160 5.770 6.720 7.730 8.790
Cash Flow per Share 2 0.1800 0.1100 -0.0600 0.0100 -0.0100 0.5400 0.9700 0.9100
Capex 1 47 355 531 572 662 896 799 848
Capex / Sales 0.74% 4.23% 4.13% 3.03% 2.93% 3.43% 2.61% 2.4%
Announcement Date 20-03-20 21-03-25 22-03-17 23-04-20 24-04-11 - - -
1CNY in Million2CNY
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Year-on-year evolution of the Yield

Change in Enterprise Value/EBITDA

Ratings for Hangzhou First Applied Material Co., Ltd.

Trading Rating
Investor Rating
ESG Refinitiv
C+
More Ratings

Analysts' Consensus

Sell
Consensus
Buy
Mean consensus
BUY
Number of Analysts
17
Last Close Price
13.62 CNY
Average target price
21.62 CNY
Spread / Average Target
+58.72%
Consensus

EPS Revisions

Estimates Revisions

Quarterly earnings - Rate of surprise

Company calendar

Sector Plastics

1st Jan change Capi.
HANGZHOU FIRST APPLIED MATERIAL CO., LTD. Stock Hangzhou First Applied Material Co., Ltd.
-21.43% 4.88B
DOW INC. Stock Dow Inc.
-4.76% 36.73B
LG CHEM, LTD. Stock LG Chem, Ltd.
-27.66% 19.86B
FORMOSA PLASTICS CORPORATION Stock Formosa Plastics Corporation
-27.65% 11.24B
THE SUPREME INDUSTRIES LIMITED Stock The Supreme Industries Limited
+32.95% 9.19B
FORMOSA CHEMICALS & FIBRE CORPORATION Stock Formosa Chemicals & Fibre Corporation
-21.03% 8.86B
YUNNAN ENERGY NEW MATERIAL CO., LTD. Stock Yunnan Energy New Material Co., Ltd.
-45.58% 4.11B
LOTTE CHEMICAL CORPORATION Stock Lotte Chemical Corporation
-29.37% 3.33B
SUMITOMO BAKELITE COMPANY LIMITED Stock Sumitomo Bakelite Company Limited
+25.27% 2.69B
DAICEL CORPORATION Stock Daicel Corporation
+12.37% 2.63B
Plastics
  1. Stock Market
  2. Equities
  3. 603806 Stock
  4. Financials Hangzhou First Applied Material Co., Ltd.