Pu'er Lancang Ancient Tea Co., Ltd.

Pu'er Lancang Ancient Tea Co., Ltd.

HHKEX:6911
2.30
HKD
0.00
(0.00%)
286.50MMarket Cap
Mar 30Next Earn
Pu'er Lancang Ancient Tea Co., Ltd.
HKEX:6911
(Hong Kong Exchange)

Recent

price

2.30

P/E

ratio

- -

div

yld

- -

ROIC.AI

2020
2021
2022
2023
2024
2025
TTM
CNY
3.22
4.43
3.67
5.53
2.87
1.46
- -
Revenue per Share
0.98
1.04
0.57
0.84
-2.44
-0.61
- -
Basic EPS, GAAP
0.57
-0.4
-0.19
0.06
-1.18
-0.66
- -
Free Cash Flow per Basic Share
0.13
0.13
0.19
0.07
0.25
- -
- -
Dividend per Share
4.65
5.94
6.3
8
5.33
4.23
4.23
Book Value per Share
4.47
5.71
5.8
7.51
5.13
4.05
4.05
Tangible Book Value per Share
126
126
126
95
126
150
138
Basic Weighted Avg Shares
405
559
463
527
361
219
- -
Sales/Revenue/Turnover
37.28
27.98
20.92
20.28
-14.99
-20.8
- -
Operating Margin (%)
23
35
49
60
50
16
- -
Depreciation Expense
123
131
72
80
-308
-91
- -
Net Income, GAAP
12.13
11.84
17.5
14.98
- -
- -
- -
Effective Tax Rate (%)
30.31
23.45
15.6
15.19
-85.12
-41.62
- -
Profit Margin (%)
516
655
561
826
626
578
578
Working Capital
159
254
215
222
172
125
125
LT Debt
588
757
799
1,010
673
634
634
Total Equity
- -
14.78
6.97
6.83
- -
- -
- -
Return on Invested Capital (%)
- -
15.78
7.66
7.39
- -
- -
- -
Return on Capital (%)
- -
19.64
9.36
8.88
-36.61
-13.94
- -
Return on Common Equity (%)

Capital Structure

CNY

•

in mil. unless spec.
Dec'24
Jun'25
Dec'25
ST Debt
302
399
322
LT Borrowings
95
- -
84
LT Finance Leases
77
64
41
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
126
126
150
Market Capitalization
597
358
257

Working Capital

CNY

•

in mil. unless spec.
Dec'24
Jun'25
Dec'25
Total Current Assets
1,117
1,043
1,067
Cash, Cash Equivalents & STI
119
67
77
Accounts Receivable, Net
50
42
21
Inventories
903
900
894
Total Current Liabilities
491
535
488
Payables & Accruals
- -
- -
- -
ST Debt
302
399
322
Deferred Revenue
- -
- -
- -

Growth Rates

CNY

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
- -
4.29%
-5.81%
Free Cash Flow
- -
-581.18%
-32.99%
Net Income, GAAP
- -
-116.36%
-70.41%
Sales/Revenue/Turnover
- -
-7.28%
-39.48%
Total Cash Common Dividend
- -
- -
- -

Semi-annual Revenue

CNY

•

in mil. unless spec.

Year

H1
H2
FY
2023
- -
- -
527
2024
- -
- -
361
2025
- -
- -
219

Semi-annual Earnings Per Share

CNY

•

in mil. unless spec.

Year

H1
H2
FY
2023
- -
- -
0.84
2024
- -
- -
-2.44
2025
- -
- -
-0.61

Semi-annual Dividends Per Share

CNY

•

in mil. unless spec.

Year

H1
H2
FY
2023
- -
- -
0.07
2024
- -
- -
0.25
2025
- -
- -
- -
Business
Pu'er Lancang Ancient Tea Co., Ltd. primarily engages in the development, manufacturing, and sale of Pu’er tea products along with other tea categories including black tea, green tea, white tea, and flavored teas. The company operates several product lines under the brands 1966, Tea Mama, and Iland Tea, catering to diversified consumption scenarios from daily drinking to business banquets. Its product portfolio includes classic Pu'er tea and innovative tea-based beverages, supported by abundant raw material reserves sourced from ancient tea plantations in Yunnan, China. The company markets its products mainly in Mainland China, Hong Kong, Macau, Taiwan, and international markets such as Southeast Asia, Germany, France, Japan, and Korea. Founded in 1966 and headquartered in Pu’er City, Yunnan Province, the firm leverages deep expertise and a rich history in tea cultivation and processing. In recent developments, Pu'er Lancang Ancient Tea executed a significant private placement in late 2023, raising approximately HK$59 million (US$7.5 million) by issuing new shares at a discount to support business development and working capital needs. The company faced operational challenges including a net loss of RMB 308 million in 2024 reversing prior profits, leadership changes, and a temporary suspension of shares that was lifted in mid-2025. It has restructured its sales network to integrate online platforms like Tmall, JD.com, and live streaming on Douyin alongside traditional distribution channels. The company also expanded its key account channels by partnering with membership-based supermarkets and well-known tea beverage manufacturers. Executive team changes occurred recently with resignations and redesignations effective late 2025, reflecting ongoing strategic shifts to strengthen management and operational focus. Overall, Pu'er Lancang Ancient Tea Co., Ltd. operates in the food and beverage industry, specifically focused on premium tea products and tea-related beverages. It combines traditional Pu’er tea craftsmanship with modern marketing and distribution strategies. Its business segments include raw tea sales, finished Pu’er tea, and tea beverages marketed to a broad base of consumers and commercial clients. The company continues to pursue brand development, product diversification, and market expansion while managing financial recovery and operational stability. Its strategic partnerships and financing activities in the last two years aim to bolster growth and sustainability in the competitive tea market.