Hangzhou First Applied Material Co., Ltd. (SHA:603806)
China flag China · Delayed Price · Currency is CNY
15.59
+0.43 (2.84%)
Aug 20, 2026, 3:00 PM CST

SHA:603806 Financials Overview

Millions CNY. Fiscal year is Jan - Dec.

Revenue & Profits

Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Revenue
14,52015,49119,14722,58918,87712,858
Revenue Growth
-11.15%-19.10%-15.23%19.66%46.82%53.20%
Gross Profit
1,8851,6612,7503,2542,7883,206
Operating Income
1,038827.191,4311,7471,5612,438
Net Income
1,116769.681,3081,8501,5792,197
Earnings Per Share
0.420.290.500.710.610.86
EPS Growth
29.05%-42.00%-29.58%16.95%-29.17%35.17%

Revenue by Segment

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

Cash & Debt

Fiscal YearCurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Cash & Investments
8,6147,6647,6725,3416,4692,971
Total Debt
2,8962,8383,0973,6483,82314.92
Net Cash (Debt)
5,7184,8274,5751,6932,6462,957
Net Cash Growth
102.01%5.50%170.21%-36.01%-10.51%13.23%
Net Cash Per Share
2.171.821.750.651.021.15

Cash Flow & CapEx

Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Operating Cash Flow
3,6321,4624,389-26.0826.04-147.56
Capital Expenditures
-394.79-435.78-642.82-742.86-576.94-536.03
Free Cash Flow
3,2371,0273,746-768.95-550.9-683.59
Free Cash Flow Growth
41.91%-72.59%----

Margins

Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Gross Margin
12.98%10.72%14.36%14.41%14.77%24.93%
Operating Margin
7.15%5.34%7.47%7.74%8.27%18.96%
Pretax Margin
8.99%5.64%7.72%9.07%9.02%19.20%
Profit Margin
7.69%4.97%6.83%8.19%8.36%17.08%
FCF Margin
22.29%6.63%19.56%-3.40%-2.92%-5.32%

Dividends

Fiscal YearCurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingAug '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Dividend Per Share
0.1500.1500.2600.1860.0760.128
Dividend Per Share Growth
-42.31%-42.31%40.01%142.75%-40.05%-6.66%
Dividend Yield
0.99%1.08%1.81%1.11%0.24%0.28%

Valuation

Fiscal YearCurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingAug '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
PE Ratio
35.8047.2729.5024.4356.0456.53
Forward PE
22.1623.7116.2616.2128.1751.89
P/FCF Ratio
12.2135.4410.30---
PS Ratio
2.722.352.012.004.699.66