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H

Huafang Co 600448.SS · CNY

Consumer Discretionary · Shanghai · 🇨🇳 China

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2.61

-1.51%

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.

FY2024

Revenue

CN¥2.93bn

FY2015FY2024

Net income

−CN¥55.5m

FY2015FY2024

Free cash flow

CN¥133,000

FY2015FY2024

Shareholders' equity

CN¥1.21bn

FY2015FY2024

Income statement

Fiscal years

FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016FY2015
RevenueCN¥2.93bnCN¥2.80bnCN¥3.49bnCN¥3.62bnCN¥3.34bnCN¥3.08bnCN¥3.26bnCN¥2.85bnCN¥2.36bnCN¥2.27bn
Gross profitCN¥272.9mCN¥329.6mCN¥255.6mCN¥342.4mCN¥396.7mCN¥393.3mCN¥265.6mCN¥211.3mCN¥167.4mCN¥152.4m
Research and developmentCN¥148.5mCN¥134.5mCN¥170.4mCN¥176.2mCN¥152.3mCN¥154.1mCN¥45.9mCN¥3.3mCN¥2.7mCN¥139.8m
Operating income−CN¥56.1mCN¥84.0mCN¥4.7mCN¥33.0mCN¥82.2mCN¥16.9mCN¥67.2mCN¥56.0mCN¥6.9mCN¥11.3m
Net income−CN¥55.5mCN¥9.4m−CN¥85.8m−CN¥57.3mCN¥17.8mCN¥11.6mCN¥21.0mCN¥6.9mCN¥10.3mCN¥12.5m
Diluted earnings per share-0.090.01-0.13-0.060.030.010.040.010.010.02

Balance sheet

At each fiscal year end

FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016FY2015
Total assetsCN¥3.66bnCN¥3.49bnCN¥3.74bnCN¥3.85bnCN¥3.75bnCN¥3.44bnCN¥3.64bnCN¥3.45bnCN¥2.72bnCN¥2.43bn
Cash and short-term investmentsCN¥345.1mCN¥435.5mCN¥453.7mCN¥449.1mCN¥796.4mCN¥781.4mCN¥917.5mCN¥967.3mCN¥462.7mCN¥484.1m
Total liabilitiesCN¥2.45bnCN¥2.23bnCN¥2.47bnCN¥2.50bnCN¥2.32bnCN¥1.96bnCN¥2.17bnCN¥2.00bnCN¥1.88bnCN¥1.59bn
DebtCN¥1.18bnCN¥1.16bnCN¥1.51bnCN¥1.31bnCN¥1.23bnCN¥1.10bnCN¥1.12bnCN¥1.01bnCN¥1.06bnCN¥828.5m
Shareholders' equityCN¥1.21bnCN¥1.25bnCN¥1.26bnCN¥1.35bnCN¥1.42bnCN¥1.48bnCN¥1.47bnCN¥1.45bnCN¥847.1mCN¥837.8m
Shares outstanding628m850m673m978m630m972m487m630m1,083m576m

Cash flow

Fiscal years

FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016FY2015
Cash from operationsCN¥68.6mCN¥218.0mCN¥159.4mCN¥50.8mCN¥239.3mCN¥16.6m−CN¥21.7mCN¥153.5mCN¥71.7mCN¥62.3m
Capital spending−CN¥68.5m−CN¥61.7m−CN¥235.9m−CN¥341.2m−CN¥376.8m−CN¥78.1m−CN¥82.6m−CN¥156.3m−CN¥105.7m−CN¥208.5m
Free cash flowCN¥133,000CN¥156.2m−CN¥76.5m−CN¥290.5m−CN¥137.5m−CN¥61.4m−CN¥104.2m−CN¥2.9m−CN¥34.0m−CN¥146.2m
Dividends paid−CN¥77.1m−CN¥77.3m−CN¥74.8m−CN¥80.4m−CN¥68.6m−CN¥59.8m−CN¥55.3m−CN¥60.5m−CN¥50.3m−CN¥44.1m

Latest quarters

By quarter end

Jun 2026Mar 2026Dec 2025Sept 2025Jun 2025Mar 2025Dec 2024Sept 2024
RevenueCN¥723.4mCN¥754.9mCN¥751.9mCN¥826.3mCN¥768.0mCN¥757.3mCN¥777.5mCN¥747.9m
Gross profitCN¥80.8mCN¥50.0m—CN¥56.4mCN¥62.8mCN¥84.5mCN¥12.2mCN¥102.9m
Operating income−CN¥2.8m−CN¥8.8m—−CN¥44.0m−CN¥35.0mCN¥16.6m−CN¥59.6mCN¥2.2m
Net income−CN¥15.8m−CN¥28.2m—−CN¥44.1m−CN¥35.2mCN¥474,601−CN¥58.0mCN¥1.7m
Diluted earnings per share-0.03-0.04—-0.07-0.060.00-0.090.00
Cash from operations———CN¥135.0mCN¥46.0m−CN¥23.0m−CN¥40.0mCN¥87.0m
Capital spending−CN¥5.0m−CN¥18.0m—−CN¥3.0m−CN¥5.0m−CN¥6.0m−CN¥35.0m−CN¥13.0m
Free cash flow———CN¥132.0mCN¥41.0m−CN¥29.0m−CN¥75.0mCN¥74.0m
Total assetsCN¥3.32bnCN¥3.46bn—CN¥3.70bnCN¥3.67bnCN¥3.61bnCN¥3.66bnCN¥3.64bn
Cash and short-term investments———CN¥524.6mCN¥452.7mCN¥413.0mCN¥345.1mCN¥520.7m
DebtCN¥100.0mCN¥173.5m—CN¥1.63bnCN¥1.33bnCN¥1.27bnCN¥1.18bnCN¥1.92bn
Shareholders' equityCN¥896.0mCN¥911.8m—CN¥1.13bnCN¥1.17bnCN¥1.21bnCN¥1.21bnCN¥1.26bn

Financial ratios

Data as of 29 Oct 2026

FY2025FY2024FY2023FY2022FY2021FY2020FY2019
Gross margin—9.3%11.8%7.3%9.5%11.9%12.8%
Operating margin—1.2%3.4%0.1%0.9%2.7%2.6%
Net margin—-1.9%0.3%-2.5%-1.6%0.5%0.4%
Return on equity—-4.6%0.8%-6.8%-4.2%1.3%0.8%
Return on assets—-1.5%0.3%-2.3%-1.5%0.5%0.3%
Free cash flow yield—8.4%12.7%22.6%15.4%37.6%3.7%
Revenue growth—4.9%-19.8%-3.7%8.4%8.4%-5.6%
Earnings growth—-688.0%-111.0%49.8%-421.4%53.6%-44.8%
Current ratio—0.86x0.80x0.83x0.89x0.96x1.07x
Debt to equity—0.98x0.92x1.20x0.83x0.93x0.95x
Equity ratio—33.0%35.9%33.8%35.1%38.0%43.0%
Interest coverage—0.39x1.10x0.05x0.39x1.29x1.22x
R&D as a share of sales—5.1%4.8%4.9%4.9%4.6%5.0%
Buybacks as a share of market value-0.1%26.1%-26.4%31.2%-55.2%35.2%—

Growth per year

Compound annual rate

3 years5 years10 years
Revenue-6.8%-1.0%2.7%
Net income-1.0%——

Average margins

Over each period

1 year3 years5 years10 years
Gross margin10.5%9.3%10.3%9.2%
Operating margin0.5%0.5%0.9%1.0%
Net margin-0.8%-1.5%-0.8%-0.3%

Valuation history

At each fiscal year end

FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016FY2015
Price to earnings-30.0297.1-24.9-57.9129.7314.977.3352.6—286.2
Price to sales0.61.00.60.90.71.20.50.82.51.6

Dividends and splits

Per share, in the currency the company pays

Paid for 0 years. Last went ex-dividend on 31 Jul 2002.

FY2002
Paid in the year0.064
  • 6-for-5 split · 11 Jun 2020
  • 1.305-for-1 split · 29 Jun 2006

Sources and methodology

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

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