Hangzhou First Applied Material Co., Ltd. (SHA:603806)
China flag China · Delayed Price · Currency is CNY
12.95
-0.18 (-1.37%)
Nov 9, 2026, 3:00 PM CST

SHA:603806 Financials Overview

Millions CNY. Fiscal year is Jan - Dec.

Revenue & Profits

Fiscal Year
TTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingSep '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Revenue
14,34015,49119,14722,58918,87712,858
Revenue Growth
-9.01%-19.10%-15.23%19.66%46.82%53.20%
Gross Profit
2,0951,6612,7503,2542,7883,206
Operating Income
1,278827.191,4311,7471,5612,438
Net Income
1,213769.681,3081,8501,5792,197
Earnings Per Share
0.450.290.500.710.610.86
EPS Growth
61.06%-42.00%-29.58%16.95%-29.17%35.17%

Revenue by Segment

Fiscal Year
FY 2025
Period EndingDec '25
Offset of Business Segment
-949.75
Others
408.17
Solar Power Generation System
55.33
Photosensitive Dry Film
711.5
Photovoltaic Film
14,809
Photovoltaic Backplane
314.96
Total
15,350

Cash & Debt

Fiscal Year
CurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingSep '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Cash & Investments
8,0607,6647,6725,3416,4692,971
Total Debt
2,9272,8383,0973,6483,82314.92
Net Cash (Debt)
5,1334,8274,5751,6932,6462,957
Net Cash Growth
47.06%5.50%170.21%-36.01%-10.51%13.23%
Net Cash Per Share
1.911.821.750.651.021.15

Cash Flow & CapEx

Fiscal Year
TTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingSep '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Operating Cash Flow
2,1241,4624,389-26.0826.04-147.56
Capital Expenditures
-286.88-435.78-642.82-742.86-576.94-536.03
Free Cash Flow
1,8371,0273,746-768.95-550.9-683.59
Free Cash Flow Growth
43.16%-72.59%----

Margins

Fiscal Year
TTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingSep '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Gross Margin
14.61%10.72%14.36%14.41%14.77%24.93%
Operating Margin
8.91%5.34%7.47%7.74%8.27%18.96%
Pretax Margin
9.86%5.64%7.72%9.07%9.02%19.20%
Profit Margin
8.46%4.97%6.83%8.19%8.36%17.08%
FCF Margin
12.81%6.63%19.56%-3.40%-2.92%-5.32%

Dividends

Fiscal Year
CurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingNov '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Dividend Per Share
0.2400.1500.2600.1860.0760.128
Dividend Per Share Growth
0%-42.31%40.01%142.75%-40.05%-6.66%
Dividend Yield
1.85%1.07%1.76%1.07%0.23%0.27%

Valuation

Fiscal Year
CurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingNov '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
PE Ratio
28.7247.2729.5024.4356.0456.53
Forward PE
19.4323.7116.2616.2128.1751.89
P/FCF Ratio
18.6135.4410.30---
PS Ratio
2.382.352.012.004.699.66