Shanghai Chicmax Cosmetics Co., Ltd. Class H

Shanghai Chicmax Cosmetics Co., Ltd. Class H

HHKEX:2145
22.26
HKD
-0.56
(-2.45%)
10.85BMarket Cap
Apr 01Next Earn
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
7.24
8.52
10.05
7.41
10.53
17.07
23.06
- -
Basic EPS, GAAP
0.16
0.51
0.94
0.41
1.16
1.96
2.77
- -
Free Cash Flow per Basic Share
-0.22
0.31
0.75
-0.07
1.65
0.76
1.73
- -
Dividend per Share
- -
- -
- -
0.55
0.45
1.31
1.53
- -
Book Value per Share
-0.47
1.46
2.39
4.3
5.05
5.51
6.95
6.43
Tangible Book Value per Share
-0.53
1.41
2.35
4.25
5.01
5.47
6.88
6.36
Basic Weighted Avg Shares
397
397
360
361
398
398
398
398
Sales/Revenue/Turnover
2,874
3,382
3,619
2,675
4,191
6,793
9,178
- -
Operating Margin (%)
6.14
11.07
13.8
7.32
12.88
13.57
15.19
- -
Depreciation Expense
82
84
88
94
101
106
180
- -
Net Income, GAAP
63
203
339
147
461
781
1,103
- -
Effective Tax Rate (%)
- -
27.34
16.99
11.12
17.44
13.34
17.35
- -
Profit Margin (%)
2.18
6.02
9.36
5.5
11
11.5
12.01
- -
Working Capital
-869
-175
223
938
1,027
1,129
1,453
1,232
LT Debt
264
252
203
111
36
9
325
369
Total Equity
-194
584
955
1,707
2,029
2,235
2,875
2,684
Return on Invested Capital (%)
- -
27.66
27.62
7.02
18.11
31.08
35.87
- -
Return on Capital (%)
- -
29.49
30.09
9.54
20.47
33.66
36.12
- -
Return on Common Equity (%)
- -
- -
44.33
11.08
24.83
37.2
44.46
- -

Capital Structure

CNY

•

in mil. unless spec.
Jun'25
Dec'25
Jun'26
ST Debt
294
307
327
LT Borrowings
- -
- -
61
LT Finance Leases
7
325
308
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
398
398
398
Market Capitalization
29,789
26,042
9,390

Working Capital

CNY

•

in mil. unless spec.
Jun'25
Dec'25
Jun'26
Total Current Assets
2,778
3,162
2,641
Cash, Cash Equivalents & STI
800
1,075
833
Accounts Receivable, Net
387
385
247
Inventories
683
653
607
Total Current Liabilities
1,434
1,709
1,409
Payables & Accruals
- -
- -
- -
ST Debt
294
307
327
Deferred Revenue
- -
- -
- -

Growth Rates

CNY

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
- -
39.95%
28.63%
Free Cash Flow
- -
-563.39%
126.87%
Net Income, GAAP
- -
66.8%
41.14%
Sales/Revenue/Turnover
- -
26.96%
35.12%
Total Cash Common Dividend
- -
- -
16.69%

Semi-annual Revenue

CNY

•

in mil. unless spec.

Year

H1
H2
FY
2024
- -
- -
6,793
2025
- -
- -
9,178
2026
- -
- -
- -

Semi-annual Earnings Per Share

CNY

•

in mil. unless spec.

Year

H1
H2
FY
2024
- -
- -
1.96
2025
- -
- -
2.77
2026
- -
- -
- -

Semi-annual Dividends Per Share

CNY

•

in mil. unless spec.

Year

H1
H2
FY
2024
- -
- -
1.31
2025
- -
- -
1.53
2026
- -
- -
- -

Company Description

CEO
Yixiong Lyu
Full Time Employees
3,508
Sector
Consumer non-durables
Industry
Household/Personal care
Address
Building B Shanghai SH China 200063
IPO Date
Dec 22, 2022
Business
Shanghai Chicmax Cosmetic Co., Ltd. engages in the research, development, manufacture, and sale of multi-brand cosmetics products, primarily operating in Mainland China and expanding internationally. Founded in 2002 and headquartered in Shanghai, the company offers an extensive product portfolio across skincare, maternity and childcare, washing and personal care, and makeup categories. Its principal brands include KANS, One Leaf, Baby Elephant, KYOCA, newpage, ARMIYO, TAZU, and asnami, supplying products such as foundations, lipsticks, skincare treatments, cleansing and care items, maternal and baby care products, and dermocosmetics. Shanghai Chicmax operates through direct sales, online retail partnerships, wholesale distribution, and international exports to over 30 countries, including key markets like the United States, Japan, and Southeast Asia. Recent strategic developments include the launch of new brands and product lines, notably in cleansing and hair care with the KYOCA brand, and makeup with the NAN beauty brand, developed jointly with a makeup artist, as well as the forthcoming launch of the Dan Cai color cosmetics brand co-founded with a renowned stylist. The company continues to expand its multi-brand matrix with a broader strategic layout focusing on six major sectors: mass skincare, maternal and baby skin care, cleansing and personal care, makeup, dermocosmetics, and premium skincare. This expansion supports business growth in both domestic and international markets. Shanghai Chicmax has demonstrated robust financial growth, with reported revenue exceeding RMB 6.7 billion in recent years and growth driven by brand upgrades, expanded product categories, and increased sales channels. The KANS brand remains the revenue leader, showing substantial increases in revenue across all channels, including online direct sales and offline distributors. The company invests heavily in research and development, allocating hundreds of millions of RMB annually to product innovation and sustainable manufacturing, with approximately 40% of products containing organic ingredients. The company leverages a dual-channel sales strategy combining e-commerce with offline retail to capture a wide consumer base, backed by strategic partnerships and collaborations that enhance brand appeal and market penetration. Its operational model emphasizes innovation, sustainable growth, and international expansion, aiming to position Shanghai Chicmax as a leading global cosmetics player while championing Chinese domestic cosmetic brands on the world stage. Overall, Shanghai Chicmax Cosmetic Co., Ltd. is a comprehensive cosmetics manufacturer and marketer, focused on diversified product lines across skincare, makeup, maternity and baby care, and personal care sectors, with ongoing strategic initiatives to expand brand presence and product offerings internationally, supported by significant R&D investment and a wide distribution network. The company maintains a commitment to innovation and sustainability as it navigates competitive pressures in the global cosmetics market.