Vanov Holdings Company Limited

Vanov Holdings Company Limited

2260.HK
Vanov Holdings Company LimitedHK flagHong Kong Stock Exchange
1.33
HKD
-0.10
- -
642.98MMarket Cap
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
Revenue per Share
0.33
0.35
0.38
0.45
0.45
0.49
0.55
- -
Basic EPS, GAAP
0.07
0.07
0.08
0.1
0.11
0.11
0.1
- -
Free Cash Flow per Basic Share
0.04
0.07
0.03
0.02
-0.08
-0.19
0.09
- -
Dividend per Share
0.04
- -
- -
- -
- -
0.04
0.04
- -
Book Value per Share
- -
- -
- -
0.28
0.38
0.44
0.5
- -
Tangible Book Value per Share
0.08
0.15
0.22
0.31
0.62
0.67
0.66
- -
Basic Weighted Avg Shares
480
480
480
480
480
483
468
- -
Sales/Revenue/Turnover
159
167
183
214
218
237
255
266
Operating Margin (%)
31.59
28.52
30.12
31.33
28.85
28.52
23.97
18.48
Depreciation Expense
8
9
11
12
15
21
32
39
Net Income, GAAP
34
35
41
50
52
53
46
34
Effective Tax Rate (%)
14.39
15.43
15.43
14.75
17.76
15.32
11.09
18.13
Profit Margin (%)
21.57
20.7
22.17
23.46
24.08
22.38
18.08
12.62
Working Capital
-31
5
11
-7
137
117
71
81
LT Debt
1
- -
1
14
140
218
191
205
Total Equity
86
123
164
215
373
409
400
421
Return on Invested Capital (%)
- -
17
17.01
17.38
10.55
8.34
7.09
5.19
Return on Capital (%)
- -
31.4
38.45
29
17.82
13
10.09
7.34
Return on Common Equity (%)
- -
6,926,600
4,051,700
74.06
33.21
27.15
20.68
13.74

Capital Structure

FRC

in mil. unless spec.
No data availableFinancial data will appear here once available

Working Capital

FRC

in mil. unless spec.
No data availableFinancial data will appear here once available

Growth Rates

FRC

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
- -
23.4%
5.22%
Free Cash Flow
- -
-161.68%
-226%
Net Income, GAAP
- -
-2.17%
-27.43%
Sales/Revenue/Turnover
- -
7.88%
3.96%
Total Cash Common Dividend
- -
- -
-22.17%

Quarterly Revenue

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2023
- -
- -
- -
- -
237
2024
- -
- -
- -
- -
255
2025
- -
- -
- -
- -
266

Quarterly Earnings Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2023
- -
- -
- -
- -
0.11
2024
- -
- -
- -
- -
0.1
2025
- -
- -
- -
- -
- -

Quarterly Dividends Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2023
- -
- -
- -
- -
0.04
2024
- -
- -
- -
- -
0.04
2025
- -
- -
- -
- -
- -

Company Description

APIChatGPT
CEO
Jun Zhou
Full Time Employees
431
Sector
Basic Materials
Industry
Paper, Lumber & Forest Products
Address
No.519, Section 2, Xinhua Avenue Chengdu People's Republic of China
IPO Date
Jan 11, 2022
Website
vanov.cn
Business
Vanov Holdings Company Limited (Vanov) designs, manufactures, and sells papermaking felts under the VANOV and GOBEAR brands, serving paper mills, paper product manufacturers, and trading companies in the People’s Republic of China and internationally. It operates as an investment holding company with a core focus on papermaking felts used in packaging, printing, household, specialty, and pulp applications, including seamed and twill-weaving felts. The company offers a full spectrum of products across categories such as papermaking felts, packaging felts, printing felts, household felts, specialty felts, pulp felts, and related maintenance and service offerings, and provides pre-sale, pending-sale, after-sales, and commitment-to-service support. Vanov maintains headquarters in Chengdu, China, and has established operations in China and internationally, targeting paper mills, paper product manufacturers, and trading companies as its principal customer base. The company was founded in 2007 and operates as a subsidiary of Perfect Angle Limited. Vanov emphasizes ongoing capacity expansion, product upgrades through technology and R&D, and international market penetration as key strategic priorities. Recent corporate changes include board and committee adjustments in 2026 and ongoing strategic actions to strengthen R&D capabilities, upgrade production facilities, and extend global reach. The group’s strategic plan centers on fully leveraging its new production line, advancing green high-performance TPU felts, and building world-class production sites to enhance market competitiveness and meet high-end demand. Notable recent developments also include governance changes affecting independent non-executive directors and ongoing reviews of capital deployment to support capacity expansion and technology upgrades. Vanov operates within the paper and paper products industry, with business segments spanning felt design, manufacturing, and sales, and targets customers across domestic and international markets seeking high-quality papermaking felts and related services. As of the latest updates, Vanov reports a modest revenue trajectory with investment in depreciation-related costs and capacity ramp-up, while pursuing accelerated international penetration and operational efficiency improvements in the near term.