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Hangzhou Zhongtai Cryogenic Technology 300435.SZ · CNY

Industrials · Shenzhen · 🇨🇳 China

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13.30

-0.37%

Close of 9 Nov 2026, in CNY

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Reference data, closing prices and charts across 45,000 companies, plus crypto, commodities and currencies.

At a glance

Figures in CNY, from our data supplier.

FY2025

Revenue

CN¥2.75bn

FY2016FY2025

Net income

CN¥450.4m

FY2016FY2025

Free cash flow

CN¥445.4m

FY2016FY2025

Shareholders' equity

CN¥3.42bn

FY2016FY2025

Income statement

Fiscal years

FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
RevenueCN¥2.75bnCN¥2.72bnCN¥3.05bnCN¥3.26bnCN¥2.41bnCN¥1.98bnCN¥1.03bnCN¥594.7mCN¥485.6mCN¥337.2m
Gross profitCN¥816.9mCN¥510.1mCN¥588.9mCN¥553.6mCN¥456.2mCN¥411.3mCN¥229.7mCN¥150.9mCN¥128.2mCN¥107.8m
Research and developmentCN¥70.6mCN¥56.5mCN¥64.1mCN¥59.8mCN¥40.4mCN¥19.2mCN¥25.6mCN¥23.5mCN¥15.7mCN¥15.3m
Operating incomeCN¥557.6m−CN¥27.0mCN¥431.6mCN¥345.0mCN¥305.9mCN¥268.6mCN¥99.8mCN¥50.3mCN¥50.4mCN¥65.5m
Net incomeCN¥450.4m−CN¥78.0mCN¥350.1mCN¥278.0mCN¥245.4mCN¥196.1mCN¥77.4mCN¥67.6mCN¥60.2mCN¥56.9m
Diluted earnings per share1.17-0.200.910.730.640.510.240.260.270.26

Balance sheet

At each fiscal year end

FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Total assetsCN¥4.65bnCN¥4.54bnCN¥5.42bnCN¥4.68bnCN¥3.92bnCN¥3.45bnCN¥2.88bnCN¥1.42bnCN¥1.31bnCN¥1.02bn
Cash and short-term investments—CN¥1.01bnCN¥1.77bnCN¥1.28bnCN¥947.3mCN¥748.3mCN¥366.7mCN¥260.0mCN¥241.4mCN¥288.3m
Total liabilitiesCN¥1.16bnCN¥1.50bnCN¥2.23bnCN¥1.86bnCN¥1.39bnCN¥1.15bnCN¥770.6mCN¥603.5mCN¥544.6mCN¥320.3m
Debt—CN¥124.4mCN¥781.0mCN¥663.3mCN¥314.5mCN¥256.6mCN¥155.2mCN¥150.0mCN¥128.0mCN¥55.0m
Shareholders' equityCN¥3.42bnCN¥2.98bnCN¥3.17bnCN¥2.82bnCN¥2.52bnCN¥2.29bnCN¥2.11bnCN¥813.6mCN¥764.8mCN¥699.1m
Shares outstanding386m382m383m379m384m384m324m264m227m217m

Cash flow

Fiscal years

FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Cash from operationsCN¥489.0mCN¥325.1mCN¥397.9mCN¥288.2mCN¥315.0mCN¥419.5mCN¥130.6mCN¥102.6mCN¥25.0mCN¥50.1m
Capital spending−CN¥43.6m−CN¥76.7m−CN¥259.9m−CN¥260.8m−CN¥213.9m−CN¥282.5m−CN¥8.6m−CN¥13.6m−CN¥8.1m−CN¥6.6m
Free cash flowCN¥445.4mCN¥248.3mCN¥138.0mCN¥27.5mCN¥101.1mCN¥136.9mCN¥122.0mCN¥89.1mCN¥16.9mCN¥43.5m
Dividends paid−CN¥79.3m−CN¥72.7m−CN¥66.5m−CN¥30.3m−CN¥30.3m−CN¥18.9m−CN¥12.5m−CN¥56.8m−CN¥18.1m−CN¥17.3m

Latest quarters

By quarter end

Jun 2026Mar 2026Dec 2025Sept 2025Jun 2025Mar 2025Dec 2024Sept 2024
RevenueCN¥623.8mCN¥565.0mCN¥635.8mCN¥809.8mCN¥584.2mCN¥718.1mCN¥704.7mCN¥644.0m
Gross profitCN¥166.3mCN¥107.9mCN¥195.6mCN¥327.4mCN¥107.1mCN¥183.8mCN¥127.2mCN¥142.6m
Operating incomeCN¥102.6mCN¥60.9mCN¥164.1mCN¥230.2mCN¥43.3mCN¥113.7m−CN¥258.1mCN¥79.9m
Net incomeCN¥87.9mCN¥42.5mCN¥114.8mCN¥200.8mCN¥34.5mCN¥100.2m−CN¥267.4mCN¥66.1m
Diluted earnings per share0.230.110.300.520.090.26-0.700.17
Cash from operations———CN¥236.0mCN¥34.0mCN¥130.0m—CN¥49.0m
Capital spending−CN¥6.0m−CN¥13.0m−CN¥9.0m−CN¥10.0m−CN¥11.0m−CN¥12.0m−CN¥7.0m−CN¥20.0m
Free cash flow———CN¥226.0mCN¥23.0mCN¥118.0m—CN¥29.0m
Total assetsCN¥4.62bnCN¥4.59bnCN¥4.65bnCN¥4.62bnCN¥4.45bnCN¥4.43bnCN¥4.54bnCN¥4.78bn
Cash and short-term investments———CN¥924.9mCN¥699.4mCN¥1.13bnCN¥1.01bnCN¥1.11bn
Debt———CN¥89.9mCN¥82.1mCN¥116.1mCN¥116.1mCN¥306.2m
Shareholders' equityCN¥3.46bnCN¥3.46bnCN¥3.42bnCN¥3.31bnCN¥3.11bnCN¥3.08bnCN¥2.98bnCN¥3.28bn

Financial ratios

Data as of 6 Oct 2026

FY2025FY2024FY2023FY2022FY2021FY2020FY2019
Gross margin29.7%18.8%19.3%17.0%19.0%20.8%—
Operating margin20.2%9.6%12.4%9.4%10.5%13.1%—
Net margin16.4%-2.9%11.5%8.5%10.2%9.9%—
Return on equity13.2%-2.6%11.1%9.9%9.7%8.5%—
Return on assets9.7%-1.7%6.5%5.9%6.3%5.7%—
Free cash flow yield8.8%6.7%11.0%9.3%8.8%11.7%—
Revenue growth1.3%-10.9%-6.4%35.3%21.7%91.2%—
Earnings growth-677.7%-122.3%25.9%13.3%25.1%153.3%—
Current ratio2.17x1.74x1.43x1.49x1.56x1.78x—
Debt to equity—0.04x0.25x0.23x0.07x0.09x0.07x
Equity ratio73.6%65.6%58.5%60.2%64.4%66.6%—
Interest coverage197.21x15.47x12.20x13.78x19.94x27.11x—
R&D as a share of sales2.6%2.1%2.1%1.8%1.7%1.0%—
Buybacks as a share of market value-1.0%0.3%-1.2%1.3%0.2%-18.6%—

Growth per year

Compound annual rate

3 years5 years10 years
Revenue-5.5%6.8%19.5%
Operating income17.4%15.7%19.1%
Net income17.5%18.1%17.2%

Average margins

Over each period

1 year3 years5 years10 years
Gross margin24.3%21.0%20.7%21.6%
Operating margin9.7%11.1%11.6%11.8%
Net margin6.8%8.5%8.9%9.4%

Valuation history

At each fiscal year end

FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Price to earnings19.0-59.215.718.236.625.445.038.460.970.7
Price to sales3.11.71.81.63.72.53.44.47.511.9

Dividends and splits

Per share, in the currency the company pays

Paid for 11 years. Last went ex-dividend on 21 May 2026.

FY2026FY2025FY2024FY2023FY2022FY2021FY2020FY2019
Paid in the year0.250.200.150.100.080.080.050.05
  • 3-for-1 split · 16 May 2016

Sources and methodology

Data on this tab
Our data supplier
Chart on the Overview
TradingView

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