Hangzhou Greenda Electronic Materials（603931）株式概要杭州恩達電子材料有限公司 詳細603931 ファンダメンタル分析スノーフレーク・スコア評価1/6将来の成長0/6過去の実績2/6財務の健全性6/6配当金3/6リスク分析CN市場と比較した過去 3 か月間の株価の変動すべてのリスクチェックを見る603931 Community Fair Values Create NarrativeSee what others think this stock is worth. Follow their fair value or set your own to get alerts.NEW489,035 membersJoin community and earn perksGain real feedbackFrom our editorial team, personally. Not silence.Grow your followingReal investors. The kind who actually invest, not scroll past.Unlock free accessFree premium subscription for consistent and quality authors.Learn moreCreate NarrativeBLINRODA489,035 investors already sharing narrativesYour Fair ValueCN¥Current PriceCN¥34.0070.3% 割高 内在価値ディスカウントGrowth estimate overAnnual revenue growth rate5 Yearstime period%/yrDecreaseIncreasePastFuture0849m2016201920222025202620282031Revenue CN¥493.8mEarnings CN¥96.9mAdvancedSet Fair ValueView all narrativesHangzhou Greenda Electronic Materials Co., Ltd. 競合他社Huabao TechnologySymbol: SZSE:300741Market cap: CN¥7.6bShandong Kaisheng New MaterialsLtdSymbol: SZSE:301069Market cap: CN¥7.2bXinyaqiang Silicon ChemistryLtdSymbol: SHSE:603155Market cap: CN¥6.3bGuangzhou Human New Material Science and TechnologySymbol: SZSE:301683Market cap: CN¥6.1b価格と性能株価の高値、安値、推移の概要Hangzhou Greenda Electronic Materials過去の株価現在の株価CN¥34.0052週高値CN¥67.2052週安値CN¥25.25ベータ0.831ヶ月の変化-36.91%3ヶ月変化-13.24%1年変化26.11%3年間の変化19.47%5年間の変化32.22%IPOからの変化116.43%最新ニュースNew Risk • Jul 20New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Chinese stocks, typically moving 12% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. This is currently the only risk that has been identified for the company.Valuation Update With 7 Day Price Move • Jul 17Investor sentiment deteriorates as stock falls 26%After last week's 26% share price decline to CN¥43.09, the stock trades at a trailing P/E ratio of 71.7x. Average trailing P/E is 43x in the Chemicals industry in China. Total returns to shareholders of 56% over the past three years.お知らせ • Jun 30Hangzhou Greenda Electronic Materials Co., Ltd. to Report First Half, 2026 Results on Aug 26, 2026Hangzhou Greenda Electronic Materials Co., Ltd. announced that they will report first half, 2026 results on Aug 26, 2026Declared Dividend • Jun 08Dividend reduced to CN¥0.18Dividend of CN¥0.18 is 16% lower than last year. Ex-date: 10th June 2026 Payment date: 10th June 2026 Dividend yield will be 0.3%, which is lower than the industry average of 2.6%. Sustainability & Growth Dividend is well covered by both earnings (31% earnings payout ratio) and cash flows (34% cash payout ratio). The dividend has increased by an average of 3.9% per year over the past 5 years and payments have been stable during that time. Earnings per share has remained steady over the last 5 years. Unless this trend deteriorates, it should provide adequate earnings cover for the dividend.New Risk • May 22New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Chinese stocks, typically moving 8.4% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. This is currently the only risk that has been identified for the company.New Risk • May 11New major risk - Dividend sustainabilityThe dividend is not well covered by earnings and cash flows. Payout ratio: 308% Cash payout ratio: 338% Dividend yield: 4.3% This is considered a major risk. Companies that pay out too much of their earnings and cash flows are at risk of having to reduce or cut their dividend in future. If earnings or cash flows stagnate or fall, then there may not be enough to maintain the same dividend. Or in extreme cases, companies may opt to dig into capital reserves or take on debt to maintain the dividend. For dividend paying companies, any reduction in the dividend can significantly impact the share price. This is currently the only risk that has been identified for the company.最新情報をもっと見るRecent updatesNew Risk • Jul 20New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Chinese stocks, typically moving 12% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. This is currently the only risk that has been identified for the company.Valuation Update With 7 Day Price Move • Jul 17Investor sentiment deteriorates as stock falls 26%After last week's 26% share price decline to CN¥43.09, the stock trades at a trailing P/E ratio of 71.7x. Average trailing P/E is 43x in the Chemicals industry in China. Total returns to shareholders of 56% over the past three years.お知らせ • Jun 30Hangzhou Greenda Electronic Materials Co., Ltd. to Report First Half, 2026 Results on Aug 26, 2026Hangzhou Greenda Electronic Materials Co., Ltd. announced that they will report first half, 2026 results on Aug 26, 2026Declared Dividend • Jun 08Dividend reduced to CN¥0.18Dividend of CN¥0.18 is 16% lower than last year. Ex-date: 10th June 2026 Payment date: 10th June 2026 Dividend yield will be 0.3%, which is lower than the industry average of 2.6%. Sustainability & Growth Dividend is well covered by both earnings (31% earnings payout ratio) and cash flows (34% cash payout ratio). The dividend has increased by an average of 3.9% per year over the past 5 years and payments have been stable during that time. Earnings per share has remained steady over the last 5 years. Unless this trend deteriorates, it should provide adequate earnings cover for the dividend.New Risk • May 22New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Chinese stocks, typically moving 8.4% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. This is currently the only risk that has been identified for the company.New Risk • May 11New major risk - Dividend sustainabilityThe dividend is not well covered by earnings and cash flows. Payout ratio: 308% Cash payout ratio: 338% Dividend yield: 4.3% This is considered a major risk. Companies that pay out too much of their earnings and cash flows are at risk of having to reduce or cut their dividend in future. If earnings or cash flows stagnate or fall, then there may not be enough to maintain the same dividend. Or in extreme cases, companies may opt to dig into capital reserves or take on debt to maintain the dividend. For dividend paying companies, any reduction in the dividend can significantly impact the share price. This is currently the only risk that has been identified for the company.Valuation Update With 7 Day Price Move • May 01Investor sentiment improves as stock rises 24%After last week's 24% share price gain to CN¥38.82, the stock trades at a trailing P/E ratio of 64.6x. Average trailing P/E is 49x in the Chemicals industry in China. Total returns to shareholders of 34% over the past three years.Reported Earnings • Apr 25First quarter 2026 earnings released: EPS: CN¥0.15 (vs CN¥0.16 in 1Q 2025)First quarter 2026 results: EPS: CN¥0.15 (down from CN¥0.16 in 1Q 2025). Revenue: CN¥148.0m (down 8.9% from 1Q 2025). Net income: CN¥29.3m (down 7.9% from 1Q 2025). Profit margin: 20% (in line with 1Q 2025). Over the last 3 years on average, earnings per share has fallen by 10% per year but the company’s share price has increased by 1% per year, which means it is well ahead of earnings.お知らせ • Apr 25Hangzhou Greenda Electronic Materials Co., Ltd., Annual General Meeting, May 20, 2026Hangzhou Greenda Electronic Materials Co., Ltd., Annual General Meeting, May 20, 2026, at 14:00 China Standard Time. Location: No. 9936-1, Hongshiwu Road, Linjiang Industrial Park, Xiaoshan District, Hangzhou, Zhejiang Chinaお知らせ • Mar 30Hangzhou Greenda Electronic Materials Co., Ltd. to Report Q1, 2026 Results on Apr 25, 2026Hangzhou Greenda Electronic Materials Co., Ltd. announced that they will report Q1, 2026 results on Apr 25, 2026Valuation Update With 7 Day Price Move • Mar 23Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to CN¥26.02, the stock trades at a trailing P/E ratio of 40.7x. Average trailing P/E is 45x in the Chemicals industry in China. Total loss to shareholders of 18% over the past three years.お知らせ • Dec 26Hangzhou Greenda Electronic Materials Co., Ltd. to Report Fiscal Year 2025 Results on Apr 25, 2026Hangzhou Greenda Electronic Materials Co., Ltd. announced that they will report fiscal year 2025 results on Apr 25, 2026Valuation Update With 7 Day Price Move • Dec 17Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to CN¥33.50, the stock trades at a trailing P/E ratio of 52.4x. Average trailing P/E is 42x in the Chemicals industry in China. Total returns to shareholders of 37% over the past three years.Valuation Update With 7 Day Price Move • Dec 01Investor sentiment improves as stock rises 15%After last week's 15% share price gain to CN¥36.39, the stock trades at a trailing P/E ratio of 56.9x. Average trailing P/E is 42x in the Chemicals industry in China. Total returns to shareholders of 36% over the past three years.New Risk • Nov 27New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Chinese stocks, typically moving 7.5% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. This is currently the only risk that has been identified for the company.Reported Earnings • Oct 25Third quarter 2025 earnings released: EPS: CN¥0.15 (vs CN¥0.17 in 3Q 2024)Third quarter 2025 results: EPS: CN¥0.15 (down from CN¥0.17 in 3Q 2024). Revenue: CN¥165.4m (flat on 3Q 2024). Net income: CN¥30.9m (down 7.1% from 3Q 2024). Profit margin: 19% (down from 20% in 3Q 2024). Over the last 3 years on average, earnings per share has fallen by 7% per year but the company’s share price has increased by 2% per year, which means it is well ahead of earnings.お知らせ • Sep 30Hangzhou Greenda Electronic Materials Co., Ltd. to Report Q3, 2025 Results on Oct 25, 2025Hangzhou Greenda Electronic Materials Co., Ltd. announced that they will report Q3, 2025 results on Oct 25, 2025Reported Earnings • Aug 25Second quarter 2025 earnings released: EPS: CN¥0.15 (vs CN¥0.22 in 2Q 2024)Second quarter 2025 results: EPS: CN¥0.15 (down from CN¥0.22 in 2Q 2024). Revenue: CN¥152.8m (down 12% from 2Q 2024). Net income: CN¥29.6m (down 32% from 2Q 2024). Profit margin: 19% (down from 25% in 2Q 2024). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 5% per year but the company’s share price has increased by 6% per year, which means it is well ahead of earnings.お知らせ • Jun 30Hangzhou Greenda Electronic Materials Co., Ltd. to Report First Half, 2025 Results on Aug 23, 2025Hangzhou Greenda Electronic Materials Co., Ltd. announced that they will report first half, 2025 results on Aug 23, 2025Declared Dividend • Jun 12Dividend of CN¥0.22 announcedShareholders will receive a dividend of CN¥0.22. Ex-date: 13th June 2025 Payment date: 13th June 2025 Dividend yield will be 0.9%, which is lower than the industry average of 2.6%. Sustainability & Growth Dividend is well covered by both earnings (31% earnings payout ratio) and cash flows (32% cash payout ratio). The dividend has increased by an average of 9.5% per year over the past 4 years and payments have been stable during that time. Earnings per share has remained steady over the last 5 years. Unless this trend deteriorates, it should provide adequate earnings cover for the dividend.Reported Earnings • Apr 28First quarter 2025 earnings released: EPS: CN¥0.16 (vs CN¥0.17 in 1Q 2024)First quarter 2025 results: EPS: CN¥0.16 (down from CN¥0.17 in 1Q 2024). Revenue: CN¥162.4m (down 4.9% from 1Q 2024). Net income: CN¥31.8m (down 6.7% from 1Q 2024). Profit margin: 20% (in line with 1Q 2024). Over the last 3 years on average, earnings per share has fallen by 1% per year but the company’s share price has increased by 21% per year, which means it is well ahead of earnings.お知らせ • Apr 26Hangzhou Greenda Electronic Materials Co., Ltd., Annual General Meeting, May 20, 2025Hangzhou Greenda Electronic Materials Co., Ltd., Annual General Meeting, May 20, 2025, at 14:00 China Standard Time. Location: No. 9936, Hongshiwu Road, Linjiang Industrial Park, Xiaoshan District, Hangzhou, Zhejiang ChinaValuation Update With 7 Day Price Move • Apr 08Investor sentiment deteriorates as stock falls 19%After last week's 19% share price decline to CN¥23.30, the stock trades at a trailing P/E ratio of 28.4x. Average trailing P/E is 33x in the Chemicals industry in China. Total returns to shareholders of 35% over the past three years.New Risk • Apr 07New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Chinese stocks, typically moving 7.8% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. This is currently the only risk that has been identified for the company.お知らせ • Mar 28Hangzhou Greenda Electronic Materials Co., Ltd. to Report Q1, 2025 Results on Apr 26, 2025Hangzhou Greenda Electronic Materials Co., Ltd. announced that they will report Q1, 2025 results on Apr 26, 2025Valuation Update With 7 Day Price Move • Mar 04Investor sentiment improves as stock rises 16%After last week's 16% share price gain to CN¥27.74, the stock trades at a trailing P/E ratio of 33.8x. Average trailing P/E is 36x in the Chemicals industry in China. Total returns to shareholders of 36% over the past three years.Buy Or Sell Opportunity • Jan 07Now 21% overvalued after recent price riseOver the last 90 days, the stock has risen 7.1% to CN¥22.61. The fair value is estimated to be CN¥18.64, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 5.9% over the last 3 years. Earnings per share has grown by 6.8%.お知らせ • Dec 27Hangzhou Greenda Electronic Materials Co., Ltd. to Report Fiscal Year 2024 Results on Apr 26, 2025Hangzhou Greenda Electronic Materials Co., Ltd. announced that they will report fiscal year 2024 results on Apr 26, 2025分析記事 • Dec 03Capital Allocation Trends At Hangzhou Greenda Electronic Materials (SHSE:603931) Aren't IdealIf we want to find a potential multi-bagger, often there are underlying trends that can provide clues. Firstly, we'd...分析記事 • Nov 06Earnings Not Telling The Story For Hangzhou Greenda Electronic Materials Co., Ltd. (SHSE:603931) After Shares Rise 26%Hangzhou Greenda Electronic Materials Co., Ltd. ( SHSE:603931 ) shares have continued their recent momentum with a 26...Valuation Update With 7 Day Price Move • Nov 05Investor sentiment improves as stock rises 18%After last week's 18% share price gain to CN¥24.20, the stock trades at a trailing P/E ratio of 29.5x. Average trailing P/E is 34x in the Chemicals industry in China. Negligible returns to shareholders over past three years.Buy Or Sell Opportunity • Nov 04Now 23% overvalued after recent price riseOver the last 90 days, the stock has risen 21% to CN¥22.76. The fair value is estimated to be CN¥18.56, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 5.9% over the last 3 years. Earnings per share has grown by 6.8%.Reported Earnings • Oct 26Third quarter 2024 earnings released: EPS: CN¥0.17 (vs CN¥0.22 in 3Q 2023)Third quarter 2024 results: EPS: CN¥0.17 (down from CN¥0.22 in 3Q 2023). Revenue: CN¥165.7m (down 7.1% from 3Q 2023). Net income: CN¥33.3m (down 26% from 3Q 2023). Profit margin: 20% (down from 25% in 3Q 2023). Over the last 3 years on average, earnings per share has increased by 7% per year but the company’s share price has fallen by 4% per year, which means it is significantly lagging earnings.Buy Or Sell Opportunity • Oct 18Now 23% overvaluedThe stock has been flat over the last 90 days, currently trading at CN¥21.05. The fair value is estimated to be CN¥17.08, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has grown by 10%.お知らせ • Sep 30Hangzhou Greenda Electronic Materials Co., Ltd. to Report Q3, 2024 Results on Oct 26, 2024Hangzhou Greenda Electronic Materials Co., Ltd. announced that they will report Q3, 2024 results on Oct 26, 2024Valuation Update With 7 Day Price Move • Sep 30Investor sentiment improves as stock rises 24%After last week's 24% share price gain to CN¥21.09, the stock trades at a trailing P/E ratio of 24x. Average trailing P/E is 30x in the Chemicals industry in China. Total returns to shareholders of 2.5% over the past three years.Buy Or Sell Opportunity • Sep 30Now 24% overvalued after recent price riseOver the last 90 days, the stock has risen 3.8% to CN¥21.09. The fair value is estimated to be CN¥17.07, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has grown by 10%.分析記事 • Sep 27Estimating The Fair Value Of Hangzhou Greenda Electronic Materials Co., Ltd. (SHSE:603931)Key Insights Using the 2 Stage Free Cash Flow to Equity, Hangzhou Greenda Electronic Materials fair value estimate is...Reported Earnings • Aug 24Second quarter 2024 earnings released: EPS: CN¥0.22 (vs CN¥0.25 in 2Q 2023)Second quarter 2024 results: EPS: CN¥0.22 (down from CN¥0.25 in 2Q 2023). Revenue: CN¥174.4m (down 2.2% from 2Q 2023). Net income: CN¥43.6m (down 13% from 2Q 2023). Profit margin: 25% (down from 28% in 2Q 2023). The decrease in margin was primarily driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 10% per year but the company’s share price has fallen by 12% per year, which means it is significantly lagging earnings.お知らせ • Jun 28Hangzhou Greenda Electronic Materials Co., Ltd. to Report First Half, 2024 Results on Aug 24, 2024Hangzhou Greenda Electronic Materials Co., Ltd. announced that they will report first half, 2024 results on Aug 24, 2024Valuation Update With 7 Day Price Move • Jun 26Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to CN¥20.87, the stock trades at a trailing P/E ratio of 23x. Average trailing P/E is 29x in the Chemicals industry in China. Total loss to shareholders of 6.3% over the past three years.分析記事 • May 31Hangzhou Greenda Electronic Materials Co., Ltd.'s (SHSE:603931) Business And Shares Still Trailing The MarketHangzhou Greenda Electronic Materials Co., Ltd.'s ( SHSE:603931 ) price-to-earnings (or "P/E") ratio of 26.4x might...お知らせ • Apr 27Hangzhou Greenda Electronic Materials Co., Ltd., Annual General Meeting, May 28, 2024Hangzhou Greenda Electronic Materials Co., Ltd., Annual General Meeting, May 28, 2024, at 14:00 China Standard Time. Location: No. 9936, Hongshiwu Road, Linjiang Industrial Park, Xiaoshan District, Hangzhou, Zhejiang ChinaReported Earnings • Apr 26First quarter 2024 earnings released: EPS: CN¥0.17 (vs CN¥0.14 in 1Q 2023)First quarter 2024 results: EPS: CN¥0.17 (up from CN¥0.14 in 1Q 2023). Revenue: CN¥170.7m (up 5.8% from 1Q 2023). Net income: CN¥34.1m (up 22% from 1Q 2023). Profit margin: 20% (up from 17% in 1Q 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 12% per year but the company’s share price has only increased by 1% per year, which means it is significantly lagging earnings growth.Valuation Update With 7 Day Price Move • Apr 16Investor sentiment deteriorates as stock falls 19%After last week's 19% share price decline to CN¥17.17, the stock trades at a trailing P/E ratio of 23.4x. Average trailing P/E is 28x in the Chemicals industry in China. Total loss to shareholders of 18% over the past three years.Buy Or Sell Opportunity • Apr 10Now 23% undervalued after recent price dropOver the last 90 days, the stock has fallen 16% to CN¥20.13. The fair value is estimated to be CN¥26.22, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 10% over the last 3 years. Earnings per share has grown by 9.8%.お知らせ • Mar 29Hangzhou Greenda Electronic Materials Co., Ltd. to Report Q1, 2024 Results on Apr 26, 2024Hangzhou Greenda Electronic Materials Co., Ltd. announced that they will report Q1, 2024 results on Apr 26, 2024分析記事 • Mar 28Hangzhou Greenda Electronic Materials (SHSE:603931) Will Be Hoping To Turn Its Returns On Capital AroundFinding a business that has the potential to grow substantially is not easy, but it is possible if we look at a few key...Buy Or Sell Opportunity • Mar 26Now 21% undervalued after recent price dropOver the last 90 days, the stock has fallen 17% to CN¥20.78. The fair value is estimated to be CN¥26.35, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 10% over the last 3 years. Earnings per share has grown by 9.8%.Buy Or Sell Opportunity • Feb 28Now 22% undervalued after recent price dropOver the last 90 days, the stock has fallen 27% to CN¥20.62. The fair value is estimated to be CN¥26.52, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 10% over the last 3 years. Earnings per share has grown by 9.8%.Buy Or Sell Opportunity • Jan 31Now 21% undervalued after recent price dropOver the last 90 days, the stock has fallen 33% to CN¥19.57. The fair value is estimated to be CN¥24.66, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 10% over the last 3 years. Earnings per share has grown by 9.8%.お知らせ • Dec 29Hangzhou Greenda Electronic Materials Co., Ltd. to Report Fiscal Year 2023 Results on Apr 26, 2024Hangzhou Greenda Electronic Materials Co., Ltd. announced that they will report fiscal year 2023 results on Apr 26, 2024Reported Earnings • Oct 26Third quarter 2023 earnings released: EPS: CN¥0.22 (vs CN¥0.23 in 3Q 2022)Third quarter 2023 results: EPS: CN¥0.22 (down from CN¥0.23 in 3Q 2022). Revenue: CN¥178.5m (down 5.1% from 3Q 2022). Net income: CN¥44.7m (down 3.3% from 3Q 2022). Profit margin: 25% (in line with 3Q 2022). Revenue is forecast to grow 43% p.a. on average during the next 3 years, compared to a 19% growth forecast for the Chemicals industry in China. Over the last 3 years on average, earnings per share has increased by 10% per year whereas the company’s share price has increased by 7% per year.Reported Earnings • Aug 25Second quarter 2023 earnings released: EPS: CN¥0.25 (vs CN¥0.27 in 2Q 2022)Second quarter 2023 results: EPS: CN¥0.25 (down from CN¥0.27 in 2Q 2022). Revenue: CN¥178.4m (down 16% from 2Q 2022). Net income: CN¥49.8m (down 6.9% from 2Q 2022). Profit margin: 28% (up from 25% in 2Q 2022). The increase in margin was driven by lower expenses. Revenue is forecast to grow 39% p.a. on average during the next 3 years, compared to a 18% growth forecast for the Chemicals industry in China. Over the last 3 years on average, earnings per share has increased by 10% per year but the company’s share price has fallen by 6% per year, which means it is significantly lagging earnings.Reported Earnings • Apr 26First quarter 2023 earnings released: EPS: CN¥0.14 (vs CN¥0.20 in 1Q 2022)First quarter 2023 results: EPS: CN¥0.14 (down from CN¥0.20 in 1Q 2022). Revenue: CN¥161.4m (down 33% from 1Q 2022). Net income: CN¥27.9m (down 29% from 1Q 2022). Profit margin: 17% (in line with 1Q 2022). Revenue is forecast to grow 40% p.a. on average during the next 2 years, compared to a 17% growth forecast for the Chemicals industry in China.Valuation Update With 7 Day Price Move • Mar 27Investor sentiment improves as stock rises 16%After last week's 16% share price gain to CN¥32.55, the stock trades at a forward P/E ratio of 25x. Average forward P/E is 16x in the Chemicals industry in China. Total returns to shareholders of 71% over the past year.Valuation Update With 7 Day Price Move • Nov 03Investor sentiment improved over the past weekAfter last week's 19% share price gain to CN¥30.25, the stock trades at a trailing P/E ratio of 33.8x. Average trailing P/E is 27x in the Chemicals industry in China. Total returns to shareholders of 21% over the past year.Reported Earnings • Oct 27Third quarter 2022 earnings released: EPS: CN¥0.23 (vs CN¥0.19 in 3Q 2021)Third quarter 2022 results: EPS: CN¥0.23 (up from CN¥0.19 in 3Q 2021). Revenue: CN¥188.0m (down 5.9% from 3Q 2021). Net income: CN¥46.2m (up 20% from 3Q 2021). Profit margin: 25% (up from 19% in 3Q 2021). The increase in margin was driven by lower expenses.Valuation Update With 7 Day Price Move • Sep 15Investor sentiment improved over the past weekAfter last week's 15% share price gain to CN¥26.41, the stock trades at a trailing P/E ratio of 30.8x. Average trailing P/E is 28x in the Chemicals industry in China. Total returns to shareholders of 15% over the past year.Reported Earnings • Aug 24Second quarter 2022 earnings released: EPS: CN¥0.27 (vs CN¥0.16 in 2Q 2021)Second quarter 2022 results: EPS: CN¥0.27 (up from CN¥0.16 in 2Q 2021). Revenue: CN¥213.1m (up 33% from 2Q 2021). Net income: CN¥53.5m (up 71% from 2Q 2021). Profit margin: 25% (up from 20% in 2Q 2021). The increase in margin was driven by higher revenue.お知らせ • Aug 11Zhejiang Kaisn Fluorochemical Co., Ltd. completed the acquisition of additional 49% stake in Zhejiang kaisn Electronic Materials Co., Ltd from Hangzhou Greenda Electronic Materials Co., Ltd. (SHSE:603931).Zhejiang Kaisn Fluorochemical Co., Ltd. agreed to acquire remaining 49% stake in Zhejiang kaisn Electronic Materials Co., Ltd from Hangzhou Greenda Electronic Materials Co., Ltd. (SHSE:603931) for approximately CNY 12 million on August 1, 2022. After the completion of the equity transfer Zhejiang kaisn Electronic Materials Co., Ltd will become become a wholly-owned subsidiary of the buyer. as of June 30, 2022, Zhejiang kaisn Electronic Materials reported total revenues of 47.001683 million, Total assets of 55.180667 million, Net income of 0.166591 million and total common equity of 18.745647 million. This transaction has been approved at the 13th meeting of the second board of directors. Zhejiang Kaisn Fluorochemical Co., Ltd. completed the acquisition of remaining 49% stake in Zhejiang kaisn Electronic Materials Co., Ltd from Hangzhou Greenda Electronic Materials Co., Ltd. (SHSE:603931) on August 9, 2022.お知らせ • Aug 04Zhejiang Kaisn Fluorochemical Co., Ltd. agreed to acquire additional 49% stake in Zhejiang kaisn Electronic Materials Co., Ltd from Hangzhou Greenda Electronic Materials Co., Ltd. (SHSE:603931) for approximately CNY 12 million.Zhejiang Kaisn Fluorochemical Co., Ltd. agreed to acquire additional 49% stake in Zhejiang kaisn Electronic Materials Co., Ltd from Hangzhou Greenda Electronic Materials Co., Ltd. (SHSE:603931) for approximately CNY 12 million on August 1, 2022. After the completion of the equity transfer Zhejiang kaisn Electronic Materials Co., Ltd will become become a wholly-owned subsidiary of the buyer. as of June 30, 2022, Zhejiang kaisn Electronic Materials reported total revenues of 47.001683 million, Total assets of 55.180667 million, Net income of 0.166591 million and total common equity of 18.745647 million. This transaction has been approved at the 13th meeting of the second board of directors.Reported Earnings • Apr 27First quarter 2022 earnings released: EPS: CN¥0.28 (vs CN¥0.22 in 1Q 2021)First quarter 2022 results: EPS: CN¥0.28 (up from CN¥0.22 in 1Q 2021). Revenue: CN¥241.7m (up 41% from 1Q 2021). Net income: CN¥39.5m (up 26% from 1Q 2021). Profit margin: 16% (down from 18% in 1Q 2021). The decrease in margin was driven by higher expenses.Reported Earnings • Oct 23Third quarter 2021 earnings released: EPS CN¥0.27 (vs CN¥0.25 in 3Q 2020)The company reported a solid third quarter result with improved earnings and revenues, although profit margins were flat. Third quarter 2021 results: Revenue: CN¥199.7m (up 26% from 3Q 2020). Net income: CN¥38.7m (up 30% from 3Q 2020). Profit margin: 19% (in line with 3Q 2020).Reported Earnings • Aug 20Second quarter 2021 earnings released: EPS CN¥0.22 (vs CN¥0.22 in 2Q 2020)The company reported a solid second quarter result with improved earnings and revenues, although profit margins were flat. Second quarter 2021 results: Revenue: CN¥160.7m (up 27% from 2Q 2020). Net income: CN¥31.3m (up 32% from 2Q 2020). Profit margin: 20% (in line with 2Q 2020).Valuation Update With 7 Day Price Move • Jul 29Investor sentiment improved over the past weekAfter last week's 15% share price gain to CN¥40.03, the stock trades at a trailing P/E ratio of 49x. Average trailing P/E is 29x in the Chemicals industry in China.Valuation Update With 7 Day Price Move • May 28Investor sentiment improved over the past weekAfter last week's 17% share price gain to CN¥44.49, the stock trades at a trailing P/E ratio of 38.9x. Average trailing P/E is 29x in the Chemicals industry in China.Reported Earnings • Apr 25Full year 2020 earnings released: EPS CN¥1.19 (vs CN¥1.34 in FY 2019)The company reported a soft full year result with weaker earnings and profit margins, although revenues improved. Full year 2020 results: Revenue: CN¥583.5m (up 11% from FY 2019). Net income: CN¥100.8m (down 1.6% from FY 2019). Profit margin: 17% (down from 20% in FY 2019). The decrease in margin was driven by higher expenses.Valuation Update With 7 Day Price Move • Mar 17Investor sentiment improved over the past weekAfter last week's 16% share price gain to CN¥43.35, the stock trades at a forward P/E ratio of 33x. Average forward P/E is 22x in the Chemicals industry in China.Valuation Update With 7 Day Price Move • Feb 12Investor sentiment improved over the past weekAfter last week's 15% share price gain to CN¥38.33, the stock is trading at a trailing P/E ratio of 29x, up from the previous P/E ratio of 25.2x. This compares to an average P/E of 35x in the Chemicals industry in China.Is New 90 Day High Low • Jan 28New 90-day low: CN¥36.15The company is down 20% from its price of CN¥45.25 on 30 October 2020. The Chinese market is up 9.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Chemicals industry, which is up 23% over the same period.Is New 90 Day High Low • Jan 07New 90-day low: CN¥38.05The company is down 26% from its price of CN¥51.21 on 09 October 2020. The Chinese market is up 11% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Chemicals industry, which is up 18% over the same period.Valuation Update With 7 Day Price Move • Dec 28Investor sentiment deteriorated over the past weekAfter last week's 15% share price decline to CN¥38.88, the stock is trading at a trailing P/E ratio of 29.4x, down from the previous P/E ratio of 34.7x. This compares to an average P/E of 35x in the Chemicals industry in China.Is New 90 Day High Low • Dec 22New 90-day low: CN¥43.28The company is down 17% from its price of CN¥52.05 on 23 September 2020. The Chinese market is up 5.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Chemicals industry, which is up 9.0% over the same period.Valuation Update With 7 Day Price Move • Nov 09Market bids up stock over the past weekAfter last week's 18% share price gain to CN¥53.60, the stock is trading at a trailing P/E ratio of 40.6x, up from the previous P/E ratio of 34.3x. This compares to an average P/E of 39x in the Chemicals industry in China.Reported Earnings • Oct 29Third quarter earnings releasedOver the last 12 months the company has reported total profits of CN¥103.7m, up 4.5% from the prior year. Total revenue was CN¥550.7m over the last 12 months, up 5.6% from the prior year.株主還元603931CN ChemicalsCN 市場7D-10.5%6.1%3.1%1Y26.1%25.3%9.7%株主還元を見る業界別リターン: 603931過去 1 年間で25.3 % のリターンをもたらしたCN Chemicals業界と一致しました。リターン対市場: 603931過去 1 年間で9.7 % の収益を上げたCN市場を上回りました。価格変動Is 603931's price volatile compared to industry and market?603931 volatility603931 Average Weekly Movement11.9%Chemicals Industry Average Movement7.8%Market Average Movement7.4%10% most volatile stocks in CN Market12.4%10% least volatile stocks in CN Market4.4%安定した株価: 603931の株価は、 CN市場と比較して過去 3 か月間で変動しています。時間の経過による変動: 603931の weekly volatility ( 12% ) は過去 1 年間安定していますが、依然としてCNの株式の 75% よりも高くなっています。会社概要設立従業員CEO（最高経営責任者ウェブサイト2001270Weihua Fangwww.greendachem.com/en杭州緑達電子材料有限公司は、中国国内および国際的な高純度電子薬品の研究開発、製造、サービスを行っています。塩酸、硝酸、硫酸、弗化水素酸、酢酸、弗化珪酸、燐酸、水酸化テトラメチルアンモニウム、イソプロパノール、ブチロラクトン、n-メチルピロリドン、KOH現像液、銅エッチング液、電子グレードの緩衝酸化エッチング液など。また、水酸化カリウム、二フッ化アンモニウム、六フッ化珪酸ナトリウム、過酸化水素、シンナー、電子グレードAlエッチング液、電子グレード剥離液、電子グレードITOエッチング液およびIGZOエッチング液も提供している。同社はTFT-LCD、IC、PV、その他の産業向けに製品を提供している。杭州緑達電子材料有限公司は2001年に設立され、中国杭州に拠点を置いている。もっと見るHangzhou Greenda Electronic Materials Co., Ltd. 基礎のまとめHangzhou Greenda Electronic Materials の収益と売上を時価総額と比較するとどうか。603931 基礎統計学時価総額CN¥7.23b収益（TTM）CN¥120.01m売上高(TTM)CN¥611.46m56.5xPER（株価収益率11.1xP/Sレシオ603931 は割高か？公正価値と評価分析を参照収益と収入最新の決算報告書（TTM）に基づく主な収益性統計603931 損益計算書（TTM）収益CN¥611.46m売上原価CN¥414.92m売上総利益CN¥196.54mその他の費用CN¥76.53m収益CN¥120.01m直近の収益報告Mar 31, 2026次回決算日Aug 26, 2026一株当たり利益（EPS）0.60グロス・マージン32.14%純利益率19.63%有利子負債／自己資本比率0%603931 の長期的なパフォーマンスは？過去の実績と比較を見る配当金0.5%現在の配当利回り31%配当性向View Valuation企業分析と財務データの現状データ最終更新日（UTC時間）企業分析2026/07/28 12:19終値2026/07/28 00:00収益2026/03/31年間収益2025/12/31データソース企業分析に使用したデータはS&P Global Market Intelligence LLC のものです。本レポートを作成するための分析モデルでは、以下のデータを使用しています。データは正規化されているため、ソースが利用可能になるまでに時間がかかる場合があります。パッケージデータタイムフレーム米国ソース例会社財務10年損益計算書キャッシュ・フロー計算書貸借対照表SECフォーム10-KSECフォーム10-Qアナリストのコンセンサス予想+プラス3年予想財務アナリストの目標株価アナリストリサーチレポートBlue Matrix市場価格30年株価配当、分割、措置ICEマーケットデータSECフォームS-1所有権10年トップ株主インサイダー取引SECフォーム4SECフォーム13Dマネジメント10年リーダーシップ・チーム取締役会SECフォーム10-KSECフォームDEF 14A主な進展10年会社からのお知らせSECフォーム8-K* 米国証券を対象とした例であり、非米国証券については、同等の規制書式および情報源を使用。特に断りのない限り、すべての財務データは1年ごとの期間に基づいていますが、四半期ごとに更新されます。これは、TTM（Trailing Twelve Month）またはLTM（Last Twelve Month）データとして知られています。詳細はこちら。分析モデルとスノーフレークこのレポートを生成するために使用した分析モデルの詳細は、当社のGitHubページでご覧いただけます。また、レポートの活用方法に関するガイドやYouTubeのチュートリアルも用意しています。シンプリー・ウォールストリート分析モデルを設計・構築した世界トップクラスのチームについてご紹介します。業界およびセクターの指標私たちの業界とセクションの指標は、Simply Wall Stによって6時間ごとに計算されます。アナリスト筋Hangzhou Greenda Electronic Materials Co., Ltd. 0 これらのアナリストのうち、弊社レポートのインプットとして使用した売上高または利益の予想を提出したのは、 。アナリストの投稿は一日中更新されます。2 アナリスト機関Lin YangGuosen Securities Co., Ltd.Wei LiuHaitong International Research Limited
New Risk • Jul 20New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Chinese stocks, typically moving 12% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. This is currently the only risk that has been identified for the company.
Valuation Update With 7 Day Price Move • Jul 17Investor sentiment deteriorates as stock falls 26%After last week's 26% share price decline to CN¥43.09, the stock trades at a trailing P/E ratio of 71.7x. Average trailing P/E is 43x in the Chemicals industry in China. Total returns to shareholders of 56% over the past three years.
お知らせ • Jun 30Hangzhou Greenda Electronic Materials Co., Ltd. to Report First Half, 2026 Results on Aug 26, 2026Hangzhou Greenda Electronic Materials Co., Ltd. announced that they will report first half, 2026 results on Aug 26, 2026
Declared Dividend • Jun 08Dividend reduced to CN¥0.18Dividend of CN¥0.18 is 16% lower than last year. Ex-date: 10th June 2026 Payment date: 10th June 2026 Dividend yield will be 0.3%, which is lower than the industry average of 2.6%. Sustainability & Growth Dividend is well covered by both earnings (31% earnings payout ratio) and cash flows (34% cash payout ratio). The dividend has increased by an average of 3.9% per year over the past 5 years and payments have been stable during that time. Earnings per share has remained steady over the last 5 years. Unless this trend deteriorates, it should provide adequate earnings cover for the dividend.
New Risk • May 22New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Chinese stocks, typically moving 8.4% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. This is currently the only risk that has been identified for the company.
New Risk • May 11New major risk - Dividend sustainabilityThe dividend is not well covered by earnings and cash flows. Payout ratio: 308% Cash payout ratio: 338% Dividend yield: 4.3% This is considered a major risk. Companies that pay out too much of their earnings and cash flows are at risk of having to reduce or cut their dividend in future. If earnings or cash flows stagnate or fall, then there may not be enough to maintain the same dividend. Or in extreme cases, companies may opt to dig into capital reserves or take on debt to maintain the dividend. For dividend paying companies, any reduction in the dividend can significantly impact the share price. This is currently the only risk that has been identified for the company.
New Risk • Jul 20New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Chinese stocks, typically moving 12% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. This is currently the only risk that has been identified for the company.
Valuation Update With 7 Day Price Move • Jul 17Investor sentiment deteriorates as stock falls 26%After last week's 26% share price decline to CN¥43.09, the stock trades at a trailing P/E ratio of 71.7x. Average trailing P/E is 43x in the Chemicals industry in China. Total returns to shareholders of 56% over the past three years.
お知らせ • Jun 30Hangzhou Greenda Electronic Materials Co., Ltd. to Report First Half, 2026 Results on Aug 26, 2026Hangzhou Greenda Electronic Materials Co., Ltd. announced that they will report first half, 2026 results on Aug 26, 2026
Declared Dividend • Jun 08Dividend reduced to CN¥0.18Dividend of CN¥0.18 is 16% lower than last year. Ex-date: 10th June 2026 Payment date: 10th June 2026 Dividend yield will be 0.3%, which is lower than the industry average of 2.6%. Sustainability & Growth Dividend is well covered by both earnings (31% earnings payout ratio) and cash flows (34% cash payout ratio). The dividend has increased by an average of 3.9% per year over the past 5 years and payments have been stable during that time. Earnings per share has remained steady over the last 5 years. Unless this trend deteriorates, it should provide adequate earnings cover for the dividend.
New Risk • May 22New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Chinese stocks, typically moving 8.4% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. This is currently the only risk that has been identified for the company.
New Risk • May 11New major risk - Dividend sustainabilityThe dividend is not well covered by earnings and cash flows. Payout ratio: 308% Cash payout ratio: 338% Dividend yield: 4.3% This is considered a major risk. Companies that pay out too much of their earnings and cash flows are at risk of having to reduce or cut their dividend in future. If earnings or cash flows stagnate or fall, then there may not be enough to maintain the same dividend. Or in extreme cases, companies may opt to dig into capital reserves or take on debt to maintain the dividend. For dividend paying companies, any reduction in the dividend can significantly impact the share price. This is currently the only risk that has been identified for the company.
Valuation Update With 7 Day Price Move • May 01Investor sentiment improves as stock rises 24%After last week's 24% share price gain to CN¥38.82, the stock trades at a trailing P/E ratio of 64.6x. Average trailing P/E is 49x in the Chemicals industry in China. Total returns to shareholders of 34% over the past three years.
Reported Earnings • Apr 25First quarter 2026 earnings released: EPS: CN¥0.15 (vs CN¥0.16 in 1Q 2025)First quarter 2026 results: EPS: CN¥0.15 (down from CN¥0.16 in 1Q 2025). Revenue: CN¥148.0m (down 8.9% from 1Q 2025). Net income: CN¥29.3m (down 7.9% from 1Q 2025). Profit margin: 20% (in line with 1Q 2025). Over the last 3 years on average, earnings per share has fallen by 10% per year but the company’s share price has increased by 1% per year, which means it is well ahead of earnings.
お知らせ • Apr 25Hangzhou Greenda Electronic Materials Co., Ltd., Annual General Meeting, May 20, 2026Hangzhou Greenda Electronic Materials Co., Ltd., Annual General Meeting, May 20, 2026, at 14:00 China Standard Time. Location: No. 9936-1, Hongshiwu Road, Linjiang Industrial Park, Xiaoshan District, Hangzhou, Zhejiang China
お知らせ • Mar 30Hangzhou Greenda Electronic Materials Co., Ltd. to Report Q1, 2026 Results on Apr 25, 2026Hangzhou Greenda Electronic Materials Co., Ltd. announced that they will report Q1, 2026 results on Apr 25, 2026
Valuation Update With 7 Day Price Move • Mar 23Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to CN¥26.02, the stock trades at a trailing P/E ratio of 40.7x. Average trailing P/E is 45x in the Chemicals industry in China. Total loss to shareholders of 18% over the past three years.
お知らせ • Dec 26Hangzhou Greenda Electronic Materials Co., Ltd. to Report Fiscal Year 2025 Results on Apr 25, 2026Hangzhou Greenda Electronic Materials Co., Ltd. announced that they will report fiscal year 2025 results on Apr 25, 2026
Valuation Update With 7 Day Price Move • Dec 17Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to CN¥33.50, the stock trades at a trailing P/E ratio of 52.4x. Average trailing P/E is 42x in the Chemicals industry in China. Total returns to shareholders of 37% over the past three years.
Valuation Update With 7 Day Price Move • Dec 01Investor sentiment improves as stock rises 15%After last week's 15% share price gain to CN¥36.39, the stock trades at a trailing P/E ratio of 56.9x. Average trailing P/E is 42x in the Chemicals industry in China. Total returns to shareholders of 36% over the past three years.
New Risk • Nov 27New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Chinese stocks, typically moving 7.5% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. This is currently the only risk that has been identified for the company.
Reported Earnings • Oct 25Third quarter 2025 earnings released: EPS: CN¥0.15 (vs CN¥0.17 in 3Q 2024)Third quarter 2025 results: EPS: CN¥0.15 (down from CN¥0.17 in 3Q 2024). Revenue: CN¥165.4m (flat on 3Q 2024). Net income: CN¥30.9m (down 7.1% from 3Q 2024). Profit margin: 19% (down from 20% in 3Q 2024). Over the last 3 years on average, earnings per share has fallen by 7% per year but the company’s share price has increased by 2% per year, which means it is well ahead of earnings.
お知らせ • Sep 30Hangzhou Greenda Electronic Materials Co., Ltd. to Report Q3, 2025 Results on Oct 25, 2025Hangzhou Greenda Electronic Materials Co., Ltd. announced that they will report Q3, 2025 results on Oct 25, 2025
Reported Earnings • Aug 25Second quarter 2025 earnings released: EPS: CN¥0.15 (vs CN¥0.22 in 2Q 2024)Second quarter 2025 results: EPS: CN¥0.15 (down from CN¥0.22 in 2Q 2024). Revenue: CN¥152.8m (down 12% from 2Q 2024). Net income: CN¥29.6m (down 32% from 2Q 2024). Profit margin: 19% (down from 25% in 2Q 2024). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 5% per year but the company’s share price has increased by 6% per year, which means it is well ahead of earnings.
お知らせ • Jun 30Hangzhou Greenda Electronic Materials Co., Ltd. to Report First Half, 2025 Results on Aug 23, 2025Hangzhou Greenda Electronic Materials Co., Ltd. announced that they will report first half, 2025 results on Aug 23, 2025
Declared Dividend • Jun 12Dividend of CN¥0.22 announcedShareholders will receive a dividend of CN¥0.22. Ex-date: 13th June 2025 Payment date: 13th June 2025 Dividend yield will be 0.9%, which is lower than the industry average of 2.6%. Sustainability & Growth Dividend is well covered by both earnings (31% earnings payout ratio) and cash flows (32% cash payout ratio). The dividend has increased by an average of 9.5% per year over the past 4 years and payments have been stable during that time. Earnings per share has remained steady over the last 5 years. Unless this trend deteriorates, it should provide adequate earnings cover for the dividend.
Reported Earnings • Apr 28First quarter 2025 earnings released: EPS: CN¥0.16 (vs CN¥0.17 in 1Q 2024)First quarter 2025 results: EPS: CN¥0.16 (down from CN¥0.17 in 1Q 2024). Revenue: CN¥162.4m (down 4.9% from 1Q 2024). Net income: CN¥31.8m (down 6.7% from 1Q 2024). Profit margin: 20% (in line with 1Q 2024). Over the last 3 years on average, earnings per share has fallen by 1% per year but the company’s share price has increased by 21% per year, which means it is well ahead of earnings.
お知らせ • Apr 26Hangzhou Greenda Electronic Materials Co., Ltd., Annual General Meeting, May 20, 2025Hangzhou Greenda Electronic Materials Co., Ltd., Annual General Meeting, May 20, 2025, at 14:00 China Standard Time. Location: No. 9936, Hongshiwu Road, Linjiang Industrial Park, Xiaoshan District, Hangzhou, Zhejiang China
Valuation Update With 7 Day Price Move • Apr 08Investor sentiment deteriorates as stock falls 19%After last week's 19% share price decline to CN¥23.30, the stock trades at a trailing P/E ratio of 28.4x. Average trailing P/E is 33x in the Chemicals industry in China. Total returns to shareholders of 35% over the past three years.
New Risk • Apr 07New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Chinese stocks, typically moving 7.8% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. This is currently the only risk that has been identified for the company.
お知らせ • Mar 28Hangzhou Greenda Electronic Materials Co., Ltd. to Report Q1, 2025 Results on Apr 26, 2025Hangzhou Greenda Electronic Materials Co., Ltd. announced that they will report Q1, 2025 results on Apr 26, 2025
Valuation Update With 7 Day Price Move • Mar 04Investor sentiment improves as stock rises 16%After last week's 16% share price gain to CN¥27.74, the stock trades at a trailing P/E ratio of 33.8x. Average trailing P/E is 36x in the Chemicals industry in China. Total returns to shareholders of 36% over the past three years.
Buy Or Sell Opportunity • Jan 07Now 21% overvalued after recent price riseOver the last 90 days, the stock has risen 7.1% to CN¥22.61. The fair value is estimated to be CN¥18.64, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 5.9% over the last 3 years. Earnings per share has grown by 6.8%.
お知らせ • Dec 27Hangzhou Greenda Electronic Materials Co., Ltd. to Report Fiscal Year 2024 Results on Apr 26, 2025Hangzhou Greenda Electronic Materials Co., Ltd. announced that they will report fiscal year 2024 results on Apr 26, 2025
分析記事 • Dec 03Capital Allocation Trends At Hangzhou Greenda Electronic Materials (SHSE:603931) Aren't IdealIf we want to find a potential multi-bagger, often there are underlying trends that can provide clues. Firstly, we'd...
分析記事 • Nov 06Earnings Not Telling The Story For Hangzhou Greenda Electronic Materials Co., Ltd. (SHSE:603931) After Shares Rise 26%Hangzhou Greenda Electronic Materials Co., Ltd. ( SHSE:603931 ) shares have continued their recent momentum with a 26...
Valuation Update With 7 Day Price Move • Nov 05Investor sentiment improves as stock rises 18%After last week's 18% share price gain to CN¥24.20, the stock trades at a trailing P/E ratio of 29.5x. Average trailing P/E is 34x in the Chemicals industry in China. Negligible returns to shareholders over past three years.
Buy Or Sell Opportunity • Nov 04Now 23% overvalued after recent price riseOver the last 90 days, the stock has risen 21% to CN¥22.76. The fair value is estimated to be CN¥18.56, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 5.9% over the last 3 years. Earnings per share has grown by 6.8%.
Reported Earnings • Oct 26Third quarter 2024 earnings released: EPS: CN¥0.17 (vs CN¥0.22 in 3Q 2023)Third quarter 2024 results: EPS: CN¥0.17 (down from CN¥0.22 in 3Q 2023). Revenue: CN¥165.7m (down 7.1% from 3Q 2023). Net income: CN¥33.3m (down 26% from 3Q 2023). Profit margin: 20% (down from 25% in 3Q 2023). Over the last 3 years on average, earnings per share has increased by 7% per year but the company’s share price has fallen by 4% per year, which means it is significantly lagging earnings.
Buy Or Sell Opportunity • Oct 18Now 23% overvaluedThe stock has been flat over the last 90 days, currently trading at CN¥21.05. The fair value is estimated to be CN¥17.08, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has grown by 10%.
お知らせ • Sep 30Hangzhou Greenda Electronic Materials Co., Ltd. to Report Q3, 2024 Results on Oct 26, 2024Hangzhou Greenda Electronic Materials Co., Ltd. announced that they will report Q3, 2024 results on Oct 26, 2024
Valuation Update With 7 Day Price Move • Sep 30Investor sentiment improves as stock rises 24%After last week's 24% share price gain to CN¥21.09, the stock trades at a trailing P/E ratio of 24x. Average trailing P/E is 30x in the Chemicals industry in China. Total returns to shareholders of 2.5% over the past three years.
Buy Or Sell Opportunity • Sep 30Now 24% overvalued after recent price riseOver the last 90 days, the stock has risen 3.8% to CN¥21.09. The fair value is estimated to be CN¥17.07, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has grown by 10%.
分析記事 • Sep 27Estimating The Fair Value Of Hangzhou Greenda Electronic Materials Co., Ltd. (SHSE:603931)Key Insights Using the 2 Stage Free Cash Flow to Equity, Hangzhou Greenda Electronic Materials fair value estimate is...
Reported Earnings • Aug 24Second quarter 2024 earnings released: EPS: CN¥0.22 (vs CN¥0.25 in 2Q 2023)Second quarter 2024 results: EPS: CN¥0.22 (down from CN¥0.25 in 2Q 2023). Revenue: CN¥174.4m (down 2.2% from 2Q 2023). Net income: CN¥43.6m (down 13% from 2Q 2023). Profit margin: 25% (down from 28% in 2Q 2023). The decrease in margin was primarily driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 10% per year but the company’s share price has fallen by 12% per year, which means it is significantly lagging earnings.
お知らせ • Jun 28Hangzhou Greenda Electronic Materials Co., Ltd. to Report First Half, 2024 Results on Aug 24, 2024Hangzhou Greenda Electronic Materials Co., Ltd. announced that they will report first half, 2024 results on Aug 24, 2024
Valuation Update With 7 Day Price Move • Jun 26Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to CN¥20.87, the stock trades at a trailing P/E ratio of 23x. Average trailing P/E is 29x in the Chemicals industry in China. Total loss to shareholders of 6.3% over the past three years.
分析記事 • May 31Hangzhou Greenda Electronic Materials Co., Ltd.'s (SHSE:603931) Business And Shares Still Trailing The MarketHangzhou Greenda Electronic Materials Co., Ltd.'s ( SHSE:603931 ) price-to-earnings (or "P/E") ratio of 26.4x might...
お知らせ • Apr 27Hangzhou Greenda Electronic Materials Co., Ltd., Annual General Meeting, May 28, 2024Hangzhou Greenda Electronic Materials Co., Ltd., Annual General Meeting, May 28, 2024, at 14:00 China Standard Time. Location: No. 9936, Hongshiwu Road, Linjiang Industrial Park, Xiaoshan District, Hangzhou, Zhejiang China
Reported Earnings • Apr 26First quarter 2024 earnings released: EPS: CN¥0.17 (vs CN¥0.14 in 1Q 2023)First quarter 2024 results: EPS: CN¥0.17 (up from CN¥0.14 in 1Q 2023). Revenue: CN¥170.7m (up 5.8% from 1Q 2023). Net income: CN¥34.1m (up 22% from 1Q 2023). Profit margin: 20% (up from 17% in 1Q 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 12% per year but the company’s share price has only increased by 1% per year, which means it is significantly lagging earnings growth.
Valuation Update With 7 Day Price Move • Apr 16Investor sentiment deteriorates as stock falls 19%After last week's 19% share price decline to CN¥17.17, the stock trades at a trailing P/E ratio of 23.4x. Average trailing P/E is 28x in the Chemicals industry in China. Total loss to shareholders of 18% over the past three years.
Buy Or Sell Opportunity • Apr 10Now 23% undervalued after recent price dropOver the last 90 days, the stock has fallen 16% to CN¥20.13. The fair value is estimated to be CN¥26.22, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 10% over the last 3 years. Earnings per share has grown by 9.8%.
お知らせ • Mar 29Hangzhou Greenda Electronic Materials Co., Ltd. to Report Q1, 2024 Results on Apr 26, 2024Hangzhou Greenda Electronic Materials Co., Ltd. announced that they will report Q1, 2024 results on Apr 26, 2024
分析記事 • Mar 28Hangzhou Greenda Electronic Materials (SHSE:603931) Will Be Hoping To Turn Its Returns On Capital AroundFinding a business that has the potential to grow substantially is not easy, but it is possible if we look at a few key...
Buy Or Sell Opportunity • Mar 26Now 21% undervalued after recent price dropOver the last 90 days, the stock has fallen 17% to CN¥20.78. The fair value is estimated to be CN¥26.35, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 10% over the last 3 years. Earnings per share has grown by 9.8%.
Buy Or Sell Opportunity • Feb 28Now 22% undervalued after recent price dropOver the last 90 days, the stock has fallen 27% to CN¥20.62. The fair value is estimated to be CN¥26.52, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 10% over the last 3 years. Earnings per share has grown by 9.8%.
Buy Or Sell Opportunity • Jan 31Now 21% undervalued after recent price dropOver the last 90 days, the stock has fallen 33% to CN¥19.57. The fair value is estimated to be CN¥24.66, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 10% over the last 3 years. Earnings per share has grown by 9.8%.
お知らせ • Dec 29Hangzhou Greenda Electronic Materials Co., Ltd. to Report Fiscal Year 2023 Results on Apr 26, 2024Hangzhou Greenda Electronic Materials Co., Ltd. announced that they will report fiscal year 2023 results on Apr 26, 2024
Reported Earnings • Oct 26Third quarter 2023 earnings released: EPS: CN¥0.22 (vs CN¥0.23 in 3Q 2022)Third quarter 2023 results: EPS: CN¥0.22 (down from CN¥0.23 in 3Q 2022). Revenue: CN¥178.5m (down 5.1% from 3Q 2022). Net income: CN¥44.7m (down 3.3% from 3Q 2022). Profit margin: 25% (in line with 3Q 2022). Revenue is forecast to grow 43% p.a. on average during the next 3 years, compared to a 19% growth forecast for the Chemicals industry in China. Over the last 3 years on average, earnings per share has increased by 10% per year whereas the company’s share price has increased by 7% per year.
Reported Earnings • Aug 25Second quarter 2023 earnings released: EPS: CN¥0.25 (vs CN¥0.27 in 2Q 2022)Second quarter 2023 results: EPS: CN¥0.25 (down from CN¥0.27 in 2Q 2022). Revenue: CN¥178.4m (down 16% from 2Q 2022). Net income: CN¥49.8m (down 6.9% from 2Q 2022). Profit margin: 28% (up from 25% in 2Q 2022). The increase in margin was driven by lower expenses. Revenue is forecast to grow 39% p.a. on average during the next 3 years, compared to a 18% growth forecast for the Chemicals industry in China. Over the last 3 years on average, earnings per share has increased by 10% per year but the company’s share price has fallen by 6% per year, which means it is significantly lagging earnings.
Reported Earnings • Apr 26First quarter 2023 earnings released: EPS: CN¥0.14 (vs CN¥0.20 in 1Q 2022)First quarter 2023 results: EPS: CN¥0.14 (down from CN¥0.20 in 1Q 2022). Revenue: CN¥161.4m (down 33% from 1Q 2022). Net income: CN¥27.9m (down 29% from 1Q 2022). Profit margin: 17% (in line with 1Q 2022). Revenue is forecast to grow 40% p.a. on average during the next 2 years, compared to a 17% growth forecast for the Chemicals industry in China.
Valuation Update With 7 Day Price Move • Mar 27Investor sentiment improves as stock rises 16%After last week's 16% share price gain to CN¥32.55, the stock trades at a forward P/E ratio of 25x. Average forward P/E is 16x in the Chemicals industry in China. Total returns to shareholders of 71% over the past year.
Valuation Update With 7 Day Price Move • Nov 03Investor sentiment improved over the past weekAfter last week's 19% share price gain to CN¥30.25, the stock trades at a trailing P/E ratio of 33.8x. Average trailing P/E is 27x in the Chemicals industry in China. Total returns to shareholders of 21% over the past year.
Reported Earnings • Oct 27Third quarter 2022 earnings released: EPS: CN¥0.23 (vs CN¥0.19 in 3Q 2021)Third quarter 2022 results: EPS: CN¥0.23 (up from CN¥0.19 in 3Q 2021). Revenue: CN¥188.0m (down 5.9% from 3Q 2021). Net income: CN¥46.2m (up 20% from 3Q 2021). Profit margin: 25% (up from 19% in 3Q 2021). The increase in margin was driven by lower expenses.
Valuation Update With 7 Day Price Move • Sep 15Investor sentiment improved over the past weekAfter last week's 15% share price gain to CN¥26.41, the stock trades at a trailing P/E ratio of 30.8x. Average trailing P/E is 28x in the Chemicals industry in China. Total returns to shareholders of 15% over the past year.
Reported Earnings • Aug 24Second quarter 2022 earnings released: EPS: CN¥0.27 (vs CN¥0.16 in 2Q 2021)Second quarter 2022 results: EPS: CN¥0.27 (up from CN¥0.16 in 2Q 2021). Revenue: CN¥213.1m (up 33% from 2Q 2021). Net income: CN¥53.5m (up 71% from 2Q 2021). Profit margin: 25% (up from 20% in 2Q 2021). The increase in margin was driven by higher revenue.
お知らせ • Aug 11Zhejiang Kaisn Fluorochemical Co., Ltd. completed the acquisition of additional 49% stake in Zhejiang kaisn Electronic Materials Co., Ltd from Hangzhou Greenda Electronic Materials Co., Ltd. (SHSE:603931).Zhejiang Kaisn Fluorochemical Co., Ltd. agreed to acquire remaining 49% stake in Zhejiang kaisn Electronic Materials Co., Ltd from Hangzhou Greenda Electronic Materials Co., Ltd. (SHSE:603931) for approximately CNY 12 million on August 1, 2022. After the completion of the equity transfer Zhejiang kaisn Electronic Materials Co., Ltd will become become a wholly-owned subsidiary of the buyer. as of June 30, 2022, Zhejiang kaisn Electronic Materials reported total revenues of 47.001683 million, Total assets of 55.180667 million, Net income of 0.166591 million and total common equity of 18.745647 million. This transaction has been approved at the 13th meeting of the second board of directors. Zhejiang Kaisn Fluorochemical Co., Ltd. completed the acquisition of remaining 49% stake in Zhejiang kaisn Electronic Materials Co., Ltd from Hangzhou Greenda Electronic Materials Co., Ltd. (SHSE:603931) on August 9, 2022.
お知らせ • Aug 04Zhejiang Kaisn Fluorochemical Co., Ltd. agreed to acquire additional 49% stake in Zhejiang kaisn Electronic Materials Co., Ltd from Hangzhou Greenda Electronic Materials Co., Ltd. (SHSE:603931) for approximately CNY 12 million.Zhejiang Kaisn Fluorochemical Co., Ltd. agreed to acquire additional 49% stake in Zhejiang kaisn Electronic Materials Co., Ltd from Hangzhou Greenda Electronic Materials Co., Ltd. (SHSE:603931) for approximately CNY 12 million on August 1, 2022. After the completion of the equity transfer Zhejiang kaisn Electronic Materials Co., Ltd will become become a wholly-owned subsidiary of the buyer. as of June 30, 2022, Zhejiang kaisn Electronic Materials reported total revenues of 47.001683 million, Total assets of 55.180667 million, Net income of 0.166591 million and total common equity of 18.745647 million. This transaction has been approved at the 13th meeting of the second board of directors.
Reported Earnings • Apr 27First quarter 2022 earnings released: EPS: CN¥0.28 (vs CN¥0.22 in 1Q 2021)First quarter 2022 results: EPS: CN¥0.28 (up from CN¥0.22 in 1Q 2021). Revenue: CN¥241.7m (up 41% from 1Q 2021). Net income: CN¥39.5m (up 26% from 1Q 2021). Profit margin: 16% (down from 18% in 1Q 2021). The decrease in margin was driven by higher expenses.
Reported Earnings • Oct 23Third quarter 2021 earnings released: EPS CN¥0.27 (vs CN¥0.25 in 3Q 2020)The company reported a solid third quarter result with improved earnings and revenues, although profit margins were flat. Third quarter 2021 results: Revenue: CN¥199.7m (up 26% from 3Q 2020). Net income: CN¥38.7m (up 30% from 3Q 2020). Profit margin: 19% (in line with 3Q 2020).
Reported Earnings • Aug 20Second quarter 2021 earnings released: EPS CN¥0.22 (vs CN¥0.22 in 2Q 2020)The company reported a solid second quarter result with improved earnings and revenues, although profit margins were flat. Second quarter 2021 results: Revenue: CN¥160.7m (up 27% from 2Q 2020). Net income: CN¥31.3m (up 32% from 2Q 2020). Profit margin: 20% (in line with 2Q 2020).
Valuation Update With 7 Day Price Move • Jul 29Investor sentiment improved over the past weekAfter last week's 15% share price gain to CN¥40.03, the stock trades at a trailing P/E ratio of 49x. Average trailing P/E is 29x in the Chemicals industry in China.
Valuation Update With 7 Day Price Move • May 28Investor sentiment improved over the past weekAfter last week's 17% share price gain to CN¥44.49, the stock trades at a trailing P/E ratio of 38.9x. Average trailing P/E is 29x in the Chemicals industry in China.
Reported Earnings • Apr 25Full year 2020 earnings released: EPS CN¥1.19 (vs CN¥1.34 in FY 2019)The company reported a soft full year result with weaker earnings and profit margins, although revenues improved. Full year 2020 results: Revenue: CN¥583.5m (up 11% from FY 2019). Net income: CN¥100.8m (down 1.6% from FY 2019). Profit margin: 17% (down from 20% in FY 2019). The decrease in margin was driven by higher expenses.
Valuation Update With 7 Day Price Move • Mar 17Investor sentiment improved over the past weekAfter last week's 16% share price gain to CN¥43.35, the stock trades at a forward P/E ratio of 33x. Average forward P/E is 22x in the Chemicals industry in China.
Valuation Update With 7 Day Price Move • Feb 12Investor sentiment improved over the past weekAfter last week's 15% share price gain to CN¥38.33, the stock is trading at a trailing P/E ratio of 29x, up from the previous P/E ratio of 25.2x. This compares to an average P/E of 35x in the Chemicals industry in China.
Is New 90 Day High Low • Jan 28New 90-day low: CN¥36.15The company is down 20% from its price of CN¥45.25 on 30 October 2020. The Chinese market is up 9.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Chemicals industry, which is up 23% over the same period.
Is New 90 Day High Low • Jan 07New 90-day low: CN¥38.05The company is down 26% from its price of CN¥51.21 on 09 October 2020. The Chinese market is up 11% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Chemicals industry, which is up 18% over the same period.
Valuation Update With 7 Day Price Move • Dec 28Investor sentiment deteriorated over the past weekAfter last week's 15% share price decline to CN¥38.88, the stock is trading at a trailing P/E ratio of 29.4x, down from the previous P/E ratio of 34.7x. This compares to an average P/E of 35x in the Chemicals industry in China.
Is New 90 Day High Low • Dec 22New 90-day low: CN¥43.28The company is down 17% from its price of CN¥52.05 on 23 September 2020. The Chinese market is up 5.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Chemicals industry, which is up 9.0% over the same period.
Valuation Update With 7 Day Price Move • Nov 09Market bids up stock over the past weekAfter last week's 18% share price gain to CN¥53.60, the stock is trading at a trailing P/E ratio of 40.6x, up from the previous P/E ratio of 34.3x. This compares to an average P/E of 39x in the Chemicals industry in China.
Reported Earnings • Oct 29Third quarter earnings releasedOver the last 12 months the company has reported total profits of CN¥103.7m, up 4.5% from the prior year. Total revenue was CN¥550.7m over the last 12 months, up 5.6% from the prior year.
