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Guangdong Hec Technologyholding Co., Ltd

Guangdong Hec Technologyholding Co., Ltd

600673.SS
Guangdong Hec Technologyholding Co., LtdCN flagShanghai Stock Exchange
36.82
CNY
+0.57
- -
110.81BMarket Cap
Guangdong Hec Technologyholding Co., Ltd
600673.SS
(Shanghai Stock Exchange)

Recent

price

36.82

P/E

ratio

- -

div

yld

- -

ROIC.AI

2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
TTM
FRC
1.75
2.23
2.1
2.3
1.96
1.88
1.86
2.98
3.86
5.04
3.49
4.25
4.05
3.69
4.23
4.88
4.55
Revenue per Share
0.12
0.13
0.07
0.07
0.06
0.04
0.04
0.28
0.36
0.38
0.14
0.29
0.43
-0.1
0.13
0.09
0.26
Basic EPS, GAAP
-0.06
-0.28
0.07
-0.16
-0.11
0.11
0.1
0.13
-0.06
-0.01
-0.38
0.25
-0.1
-0.4
-0.2
-0.03
-0.41
Free Cash Flow per Basic Share
0.05
0.09
0.1
0.15
0.13
0.14
0.17
0.14
0.11
0.22
0.18
0.17
0.39
0.14
0.47
0.16
0.13
Dividend per Share
0.59
0.73
0.79
0.81
0.74
1.36
1.25
1.41
1.97
2.34
2.45
2.61
2.87
2.66
2.5
2.45
2.67
Book Value per Share
1.08
1.2
0.79
0.7
0.88
0.9
0.85
1.81
2.24
2.69
2.02
2.71
3.13
3.08
2.89
2.97
2.96
Tangible Book Value per Share
2,151
2,134
2,101
2,111
2,605
2,486
2,737
3,025
3,029
2,928
2,969
3,014
2,892
2,943
2,885
3,061
2,927
Basic Weighted Avg Shares
3,763
4,763
4,415
4,855
5,112
4,686
5,102
9,003
11,680
14,767
10,371
12,802
11,699
10,854
12,199
14,935
13,310
Sales/Revenue/Turnover
13.83
13.86
11.4
11.32
11.35
7.61
9.19
19.07
18.96
20.53
8.84
7.63
11.73
-0.39
5.57
9.39
8.41
Operating Margin (%)
223
249
289
317
324
367
397
482
546
632
712
846
586
573
622
721
- -
Depreciation Expense
248
287
154
146
156
99
109
847
1,091
1,112
416
874
1,244
-294
375
275
761
Net Income, GAAP
19.54
24.34
26.76
28.29
37.44
36.7
58.78
17.13
16.7
17.1
21.23
40.22
13.22
- -
- -
19.18
4.58
Effective Tax Rate (%)
6.59
6.03
3.48
3.01
3.06
2.12
2.15
9.41
9.34
7.53
4.01
6.83
10.63
-2.71
3.07
1.84
5.72
Profit Margin (%)
1,035
1,563
-39
-68
-305
-1,271
-1,040
462
859
2,059
-1,566
1,482
-406
-914
-2,345
-2,996
-1,329
Working Capital
1,552
2,327
2,114
2,771
2,275
1,514
1,499
1,572
1,319
4,272
2,626
1,014
1,739
2,585
2,786
4,022
3,793
LT Debt
2,955
3,269
3,556
3,351
4,184
4,180
4,206
7,871
9,346
9,778
9,901
9,056
10,182
10,143
9,456
10,177
9,769
Total Equity
8.44
8.48
5.32
4.88
4
2.4
2.07
12.68
13.41
14.52
3.6
3.07
6.31
- -
- -
4.95
4.65
Return on Invested Capital (%)
6.59
6.46
4.3
4.19
4.12
3.79
2.94
7.69
8.24
4.8
3.2
8.49
8.12
- -
- -
3.1
5.19
Return on Capital (%)
21.56
20.27
9.51
8.63
8.55
3.73
3.21
22.02
21.34
17.36
5.89
11.56
15.4
-3.65
4.98
3.75
10.22
Return on Common Equity (%)

Capital Structure

FRC

•

in mil. unless spec.
Dec'24
Mar'25
Jun'25
ST Debt
8,705
9,623
11,175
LT Borrowings
2,766
3,614
3,779
LT Finance Leases
20
18
14
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
3,014
3,014
3,010
Market Capitalization
33,789
29,092
34,038

Working Capital

FRC

•

in mil. unless spec.
Dec'24
Mar'25
Jun'25
Total Current Assets
9,650
11,040
12,943
Cash, Cash Equivalents & STI
4,282
5,016
6,448
Accounts Receivable, Net
2,340
2,492
2,973
Inventories
1,772
1,816
1,939
Total Current Liabilities
11,995
12,799
14,272
Payables & Accruals
- -
- -
- -
ST Debt
8,705
9,623
11,175
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
11.67%
0.87%
7.62%
Free Cash Flow
227.72%
-22.05%
-82.95%
Net Income, GAAP
42.67%
-45.02%
-26.54%
Sales/Revenue/Turnover
15.41%
8.48%
22.42%
Total Cash Common Dividend
30.92%
44.74%
-64.38%

Quarterly Revenue

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
2,830
3,183
2,866
3,320
12,199
2025
3,347
3,777
3,964
- -
14,935
2026
4,249
- -
- -
- -
- -

Quarterly Earnings Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.03
- -
- -
- -
0.13
2025
0.1
- -
- -
- -
0.09
2026
0.04
- -
- -
- -
- -

Quarterly Dividends Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.03
- -
- -
- -
0.47
2025
0.03
- -
- -
- -
0.16
2026
0.04
- -
- -
- -
- -
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Business
Guangdong Hec Technology Holding Co., Ltd Guangdong HEC Technology Holding Co., Ltd (600673.SS) manufactures and sells electronic components, high-end aluminum foil, new chemical materials, energy materials, liquid cooling technology products, and physical intelligence solutions primarily in China and internationally; core offerings include electrode foils such as corrosive foil, laminated foil, and chemical foil, aluminum electrolytic capacitors, magnetic materials, electronic optical foil, hydrophilic foil, brazing foil, battery aluminum foil, packaging aluminum foil, chlor-alkali chemical products, new environmentally friendly refrigerants, lithium iron phosphate, ternary materials, cold plate liquid cooling core components, and Luman H series humanoid robots. Founded in 1993 and headquartered in Dongguan, Guangdong Province, China, the company operates through six major business sectors with advanced manufacturing bases supporting its industrial chain. Recent developments feature participation in the 2025 China Electronic Components Industry Summit showcasing积层箔, electronic optical foil, corrosive foil, aluminum electrolytic capacitors, and intelligent robots; release of its 2025 half-year report highlighting growth in liquid cooling technology and embodied intelligence; and strategic partnerships including collaborations with Shanghai Zhiyuan Innovation Technology Co., Ltd. (Zhiyuan Robotics), Wuhan Optics Valley, and others in March 2025 to advance humanoid robot applications, alongside launches like the Photon general-purpose humanoid robot by Optics Valley Dongzhi in July 2025.