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Z

Zhejiang Hengtong Holding Co 600226.SS · CNY

Materials · Shanghai · 🇨🇳 China

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4.16

0.00%

Close of 9 Nov 2026, in CNY

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At a glance

Figures in CNY, from our data supplier.

FY2024

Revenue

CN¥1.33bn

FY2015FY2024

Net income

CN¥189.5m

FY2015FY2024

Free cash flow

−CN¥163.5m

FY2015FY2024

Shareholders' equity

CN¥3.42bn

FY2015FY2024

Income statement

Fiscal years

FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016FY2015
RevenueCN¥1.33bnCN¥647.9mCN¥602.1mCN¥681.2mCN¥555.7mCN¥805.3mCN¥982.1mCN¥1.32bnCN¥512.9mCN¥1.01bn
Research and developmentCN¥40.8mCN¥17.5mCN¥13.2mCN¥19.6mCN¥176.8mCN¥61.5mCN¥80.7mCN¥47.9mCN¥31.7mCN¥31.1m
Operating income−CN¥15.3mCN¥175.1mCN¥540.1mCN¥391.4m−CN¥570.2m−CN¥145.7mCN¥151.1mCN¥294.7mCN¥272.3mCN¥127.3m
Net incomeCN¥189.5mCN¥165.8mCN¥482.5mCN¥375.0m−CN¥942.3m−CN¥655.9mCN¥141.7mCN¥261.2mCN¥235.6mCN¥139.9m
Diluted earnings per share0.060.060.160.13-0.23-0.200.040.070.120.19

Balance sheet

At each fiscal year end

FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016FY2015
Total assetsCN¥4.50bnCN¥4.31bnCN¥3.32bnCN¥2.94bnCN¥3.05bnCN¥4.16bnCN¥5.07bnCN¥5.45bnCN¥3.37bnCN¥2.24bn
Cash and short-term investmentsCN¥846.9mCN¥947.1mCN¥1.00bnCN¥429.0mCN¥101.1mCN¥100.1mCN¥471.8mCN¥847.6mCN¥1.20bnCN¥218.7m
Total liabilitiesCN¥1.08bnCN¥826.0mCN¥230.4mCN¥288.6mCN¥421.8mCN¥619.0mCN¥735.7mCN¥1.25bnCN¥1.66bnCN¥816.6m
DebtCN¥387.3mCN¥314.8mCN¥12.3mCN¥5.7mCN¥166.1mCN¥285.4mCN¥432.0mCN¥891.7mCN¥485.3mCN¥452.1m
Shareholders' equityCN¥3.42bnCN¥3.26bnCN¥3.09bnCN¥2.66bnCN¥2.63bnCN¥3.55bnCN¥4.34bnCN¥4.20bnCN¥1.70bnCN¥1.41bn
Shares outstanding3,066m2,944m2,944m2,967m4,038m3,322m3,442m3,902m1,928m742m

Cash flow

Fiscal years

FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016FY2015
Cash from operations−CN¥31.3m−CN¥76.7mCN¥25.2mCN¥105.3mCN¥46.5m−CN¥78.2m−CN¥176.1mCN¥82.3m−CN¥55.3mCN¥69.2m
Capital spending−CN¥132.2m−CN¥396.2m−CN¥23.8m−CN¥18.9m−CN¥15.2m−CN¥77.2m−CN¥160.6m−CN¥167.6m−CN¥60.8m−CN¥61.0m
Free cash flow−CN¥163.5m−CN¥472.9mCN¥1.4mCN¥86.4mCN¥31.3m−CN¥155.4m−CN¥336.7m−CN¥85.3m−CN¥116.1mCN¥8.2m
Dividends paid−CN¥13.3m−CN¥5.3m−CN¥563,753−CN¥2.7m−CN¥13.1m−CN¥68.5m−CN¥42.5m−CN¥29.2m−CN¥29.2m−CN¥171.4m

Latest quarters

By quarter end

Jun 2026Sept 2025Jun 2025Mar 2025Dec 2024Sept 2024Jun 2024Mar 2024
RevenueCN¥713.4mCN¥441.3mCN¥435.9mCN¥382.3mCN¥426.4mCN¥347.0mCN¥356.0mCN¥205.2m
Operating incomeCN¥33.6m−CN¥5.8mCN¥67.1mCN¥4.4mCN¥13.6mCN¥4.1mCN¥59.0mCN¥14.4m
Net incomeCN¥19.8mCN¥61.7mCN¥56.8mCN¥70.1mCN¥2.1mCN¥70.8mCN¥53.4mCN¥63.2m
Diluted earnings per share0.010.020.020.020.000.020.020.02
Cash from operations—CN¥77.0mCN¥4.0m−CN¥63.0m—CN¥128.0m—−CN¥32.0m
Capital spending−CN¥106.0m−CN¥80.0m−CN¥275.0m−CN¥210.0m−CN¥43.0m−CN¥7.0m−CN¥7.0m−CN¥73.0m
Free cash flow—−CN¥3.0m−CN¥271.0m−CN¥273.0m—CN¥121.0m—−CN¥105.0m
Total assetsCN¥6.27bnCN¥4.85bnCN¥4.81bnCN¥4.66bnCN¥4.50bnCN¥4.36bnCN¥4.60bnCN¥4.36bn
Cash and short-term investments—CN¥541.2mCN¥576.7mCN¥779.3mCN¥846.9mCN¥807.9mCN¥972.4mCN¥943.7m
DebtCN¥578.9mCN¥422.7mCN¥580.7mCN¥506.9mCN¥316.9mCN¥326.5mCN¥302.2mCN¥335.1m
Shareholders' equityCN¥3.73bnCN¥3.61bnCN¥3.55bnCN¥3.49bnCN¥3.42bnCN¥3.41bnCN¥3.42bnCN¥3.32bn

Financial ratios

Data as of 1 Oct 2026

FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018
Operating margin—-1.1%27.0%89.7%57.5%-102.6%-18.1%—
Net margin—14.2%25.6%80.1%55.1%-169.6%-81.4%—
Return on equity—5.5%5.1%15.6%14.1%-35.8%-18.5%—
Return on assets—4.2%3.8%14.5%12.7%-30.9%-15.8%—
Free cash flow yield—0.6%2.1%0.3%0.8%0.3%-0.0%—
Revenue growth—106.0%7.6%-11.6%22.6%-31.0%-18.0%—
Earnings growth—14.3%-65.6%28.6%-139.8%43.7%-562.8%—
Current ratio—2.50x2.99x5.18x3.29x2.53x3.16x—
Debt to equity—0.09x0.09x0.03x—0.06x0.10x0.10x
Equity ratio—76.0%75.5%93.1%90.3%86.3%85.3%—
Interest coverage—-0.66x26.00x448.73x133.12x-42.89x-6.54x—
R&D as a share of sales—3.1%2.7%2.2%2.9%31.8%7.6%—
Buybacks as a share of market value3.0%-4.1%0.0%0.7%26.5%-21.5%——

Growth per year

Compound annual rate

3 years5 years10 years
Revenue25.1%10.6%-0.1%
Operating income—-36.3%—
Net income-20.4%—8.6%

Average margins

Over each period

1 year3 years5 years10 years
Operating margin8.1%33.4%8.1%13.3%
Net margin17.9%37.1%-8.3%4.9%

Valuation history

At each fiscal year end

FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016FY2015
Price to earnings41.346.414.318.5-7.5-15.968.068.147.030.5
Price to sales5.911.911.510.212.612.99.813.521.64.2

Dividends and splits

Per share, in the currency the company pays

Paid for 0 years. Last went ex-dividend on 11 Jul 2019.

FY2019FY2015FY2014FY2013FY2011FY2010FY2009FY2008
Paid in the year0.0220.1330.0170.0280.0820.0550.0810.055
  • 13-for-10 split · 26 Mar 2018
  • 7-for-5 split · 20 Sept 2017
  • 3-for-2 split · 25 May 2010
  • 1-to-1 reverse split · 10 Feb 2006
  • 6-for-5 split · 7 Sept 2001
  • 6-for-5 split · 10 Apr 2001

Sources and methodology

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

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