1. China Stocks

  2. •

    Process industries

  3. •

    Chemicals: specialty
Qingdao Gon Technology Co., Ltd. Class A

Qingdao Gon Technology Co., Ltd. Class A

30.78
HKD
-0.62
(-1.97%)
40.27BMarket Cap
Oct 26Next Earn
Qingdao Gon Technology Co., Ltd. Class A
HKEX:2768
(Hong Kong Exchange)

Recent

price

30.78

P/E

ratio

- -

div

yld

1.39%

ROIC.AI

2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
TTM
CNY
0.73
0.79
1.06
1.27
1.18
1.8
2.86
4.68
6.25
8.83
12.03
16.5
21.52
23.93
26.76
- -
Revenue per Share
0.07
0.08
0.1
0.12
0.11
0.18
0.28
0.39
0.49
0.9
0.79
0.82
0.57
0.84
1.06
- -
Basic EPS, GAAP
- -
-0.04
-0.08
-0.03
-0.2
-0.19
-0.21
-0.3
-0.24
-0.29
0.32
-0.49
-0.31
0.19
- -
- -
Free Cash Flow per Basic Share
- -
- -
0.01
0.01
0.01
0.03
0.07
0.08
0.08
0.08
0.17
0.22
0.25
0.23
0.3
0.37
Dividend per Share
0.3
0.38
0.48
0.6
1
1.16
1.41
2.49
2.94
3.82
4.28
5.02
5.51
6.12
7.06
7.95
Book Value per Share
0.29
0.34
0.44
0.55
0.96
1.1
1.31
2.41
2.82
3.7
2.98
3.69
4.13
4.52
5.61
6.62
Tangible Book Value per Share
536
537
542
537
636
712
715
796
812
813
812
812
810
803
794
721
Basic Weighted Avg Shares
389
424
573
683
750
1,283
2,047
3,724
5,069
7,181
9,766
13,406
17,439
19,220
21,251
- -
Sales/Revenue/Turnover
12.59
13.21
11.52
11.85
11.63
10.94
13.29
11.09
10.92
13.76
9.84
8.15
5.04
4.39
5.79
- -
Operating Margin (%)
- -
9
10
11
13
22
41
64
71
93
143
217
259
275
339
- -
Depreciation Expense
36
45
52
63
72
131
203
308
396
731
643
662
466
676
841
- -
Net Income, GAAP
15.45
13.5
13.12
13.16
13.36
13.46
13.95
12.85
11.83
12.71
12.18
7.77
6.73
9.74
13.12
- -
Effective Tax Rate (%)
9.36
10.73
9.05
9.2
9.63
10.21
9.92
8.28
7.81
10.18
6.58
4.94
2.67
3.52
3.96
- -
Profit Margin (%)
87
86
98
131
436
364
333
1,066
1,276
2,079
2,506
3,183
3,942
3,909
4,222
5,425
Working Capital
- -
- -
45
44
- -
34
36
11
11
311
817
1,420
2,163
2,931
2,897
3,786
LT Debt
161
206
258
321
715
880
1,069
2,114
2,488
3,214
5,187
5,901
6,380
7,032
7,700
9,155
Total Equity
- -
19.84
16.93
15.82
12.35
11.94
15.04
14.24
13.76
20.37
11.35
8.76
5.53
4.93
6.28
- -
Return on Invested Capital (%)
- -
23.67
19.93
18.98
13.67
14.61
16.59
15.44
14.65
20.53
12.03
8.5
5.2
6.78
7.82
- -
Return on Capital (%)
- -
24.77
22.33
21.68
13.95
16.95
22.09
20.37
17.99
26.67
19.56
17.55
10.9
14.32
15.72
- -
Return on Common Equity (%)

Capital Structure

CNY

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
2,834
2,671
3,178
LT Borrowings
2,885
3,458
3,771
LT Finance Leases
12
26
16
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
812
901
895
Market Capitalization
- -
29,396
34,843

Working Capital

CNY

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
12,259
13,578
13,801
Cash, Cash Equivalents & STI
3,292
4,006
4,018
Accounts Receivable, Net
2,828
2,991
3,144
Inventories
3,875
3,999
4,342
Total Current Liabilities
8,036
7,736
8,376
Payables & Accruals
- -
- -
- -
ST Debt
2,834
2,671
3,178
Deferred Revenue
- -
- -
- -

Growth Rates

CNY

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
29.22%
20.6%
9.5%
Free Cash Flow
-68.45%
-152.66%
-100.07%
Net Income, GAAP
33.21%
6.18%
24.38%
Sales/Revenue/Turnover
41.45%
24.83%
10.57%
Total Cash Common Dividend
81%
34.46%
29.27%

Quarterly Revenue

CNY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
4,422
4,904
4,834
5,059
19,220
2025
4,412
5,342
- -
5,755
21,251
2026
5,377
6,138
- -
- -
- -

Quarterly Earnings Per Share

CNY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.15
0.19
0.23
0.27
0.84
2025
0.14
0.29
- -
0.28
1.06
2026
0.31
0.92
- -
- -
- -

Quarterly Dividends Per Share

CNY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.04
0.1
0.04
0.04
0.23
2025
0.05
0.14
- -
0.07
0.3
2026
0.05
0.4
- -
- -
- -
Similar Companies
Petkim Petrokimya Holding Anonim Sirketi (BIST:PETKM)
Albemarle Corporation (NYSE:ALB)
Linde plc (NASDAQ:LIN)
Gubre Fabrikalari T.A.S. (BIST:GUBRF)
IOL Chemicals & Pharmaceuticals Ltd. (NSE:IOLCP)
Dow Inc. (NYSE:DOW)
Business
Qingdao Gon Technology Co., Ltd. engages in the research, development, production, and sale of modified plastic particles, functional plastic plates, and related products. The company’s core product portfolio includes glassfiber reinforced polypropylene (PP), polypropylene (PP), glassfiber reinforced acrylonitrile-styrene (AS), glassfiber reinforced acrylonitrile-butadiene-styrene (ABS), and flame retardant PC/ABS compounds. It manufactures components such as air-conditioner panels, washing machine parts, TV rear covers, centrifugal fans and blades, axial flow fans, automotive straflo blades, and other functional plastic components. Additionally, the company offers organic polymer modified materials, organic polymer composite materials, green petrochemical materials and new materials, as well as gelatin, collagen, related derivatives, biomedicine, and health care products. Qingdao Gon Technology has built a vertically integrated industrial cluster focusing on green petrochemicals, organic polymer modification, organic polymer composites, degradable materials, light-emitting materials, and lightweight structural components for new energy vehicles. The company operates primarily in China with international sales and production capabilities, headquartered in Qingdao, China, and was founded in 2000. Qingdao Gon Technology pursues a dual-wing development strategy centering on petrochemicals and healthcare industries, integrating R&D, production, and services across upstream and downstream industrial chains. Recent major developments include the 2024 merger and reorganization with Hong Kong Petrochemical and Guoen Chemical (Dongming), aiming to expand its green petrochemical materials segment and build an overseas production base, thus achieving international industrial synergy. The company continued strengthening its innovation platform, holding over 400 patents and several copyrights, and invested in expanding the industrial chain and ecological construction to leverage multi-category products and services. Qingdao Gon Technology’s strategic focus includes technological innovation, industrial chain extension, and market resource integration, promoting sustainable growth through enhanced product quality and a diversified product matrix. The company maintains multiple subsidiaries and a strong R&D base including national-level technology centers and international collaborations. Its product applications span home appliances, automotive, electronics, electric appliances, machinery, and construction industries, making Gon Technology a key supplier within manufacturing ecosystems both domestically and abroad. This comprehensive business model supported by recent strategic expansions and high-tech development projects positions Qingdao Gon Technology as a leading integrated new materials company with continuous growth in petrochemical and healthcare sectors.