Zhejiang Changan Renheng Technology Co., Ltd. Class H

Zhejiang Changan Renheng Technology Co., Ltd. Class H

HHKEX:8139
1.05
HKD
0.00
(0.00%)
48.77MMarket Cap
2013 Y
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
3.59
3.83
2.45
2.35
2.52
2.74
2.61
2.94
3.76
3.93
4.23
5.07
5.4
- -
Basic EPS, GAAP
0.49
0.51
0.06
0.06
-0.2
0.03
-0.02
0.03
0.19
0.04
0.06
0.03
- -
- -
Free Cash Flow per Basic Share
-0.23
0.63
-0.37
-0.18
-0.01
-0.11
-0.33
- -
-0.04
-0.23
0.2
-0.67
-0.24
- -
Dividend per Share
- -
- -
0.23
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Book Value per Share
1.52
1.9
2.9
2.96
2.76
2.76
2.74
2.77
2.96
3
3.06
3.09
3.09
3.13
Tangible Book Value per Share
1.52
1.9
2.9
2.96
2.76
2.76
2.58
2.61
2.81
2.86
2.92
2.96
2.96
3.13
Basic Weighted Avg Shares
24
24
32
32
32
33
38
38
38
38
38
38
38
38
Sales/Revenue/Turnover
86
92
77
75
81
89
100
113
144
151
162
195
207
- -
Operating Margin (%)
22.42
23.19
8.56
9.16
1.5
11.15
5.47
7.05
10.25
5.24
6.83
4.74
0.4
- -
Depreciation Expense
5
5
6
6
8
8
10
9
12
10
15
17
18
- -
Net Income, GAAP
12
12
2
2
-6
1
-1
1
7
1
2
1
- -
- -
Effective Tax Rate (%)
14.59
16
22.68
10.86
- -
13.1
- -
12.15
11.18
11.8
12.7
11.1
116.17
- -
Profit Margin (%)
13.65
13.19
2.53
2.44
-7.9
1.05
-0.9
1.04
5.15
0.94
1.42
0.65
-0.04
- -
Working Capital
4
12
23
24
-6
23
11
18
10
27
12
-7
-18
11
LT Debt
1
1
1
15
- -
22
8
15
- -
28
21
16
10
21
Total Equity
49
61
93
95
88
106
105
106
114
115
117
119
119
120
Return on Invested Capital (%)
- -
12.38
3.27
3.8
- -
3.57
- -
3.62
6.65
3.28
3.5
2.75
-0.43
- -
Return on Capital (%)
- -
12.7
3.83
3.88
- -
3.65
- -
3.41
6.35
3.23
3.56
2.77
-0.42
- -
Return on Common Equity (%)
- -
22.17
2.55
1.96
-6.95
0.97
-0.85
1.11
6.76
1.24
1.98
1.08
-0.06
- -

Capital Structure

CNY

•

in mil. unless spec.
Sep'23
Dec'23
Jun'24
ST Debt
- -
90
119
LT Borrowings
- -
21
21
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
37
38
38
Market Capitalization
39
45
45

Working Capital

CNY

•

in mil. unless spec.
Sep'23
Dec'23
Jun'24
Total Current Assets
- -
161
174
Cash, Cash Equivalents & STI
- -
20
31
Accounts Receivable, Net
- -
65
60
Inventories
- -
66
71
Total Current Liabilities
- -
149
162
Payables & Accruals
- -
- -
- -
ST Debt
- -
90
119
Deferred Revenue
- -
- -
- -

Growth Rates

CNY

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
2.67%
2.26%
-0.05%
Free Cash Flow
1.13%
-257.07%
-64.09%
Net Income, GAAP
-63.25%
72.4%
-106.01%
Sales/Revenue/Turnover
10.65%
13.34%
6.45%
Total Cash Common Dividend
- -
- -
- -

Semi-annual Revenue

CNY

•

in mil. unless spec.

Year

H1
H2
FY
2023
- -
- -
162
2024
- -
- -
195
2025
- -
- -
207

Semi-annual Earnings Per Share

CNY

•

in mil. unless spec.

Year

H1
H2
FY
2023
- -
- -
0.06
2024
- -
- -
0.03
2025
- -
- -
- -

Semi-annual Dividends Per Share

CNY

•

in mil. unless spec.

Year

H1
H2
FY
2023
- -
- -
- -
2024
- -
- -
- -
2025
- -
- -
- -

Company Description

CEO
Qin Wei Xu
Full Time Employees
228
Sector
Process industries
Industry
Chemicals: major diversified
Address
Laoya Tang Huzhou China
IPO Date
Jan 16, 2015
Business
Zhejiang Chang'an Renheng Technology Co., Ltd. researches, develops, produces and sells bentonite fine chemicals in the People's Republic of China. The company manufactures papermaking chemicals including retention and drainage aids, deinking aids, deinking agents, water purifying agents and dry strength agents; organic bentonite; inorganic gels; bentonite for metallurgy pellets used in iron smelting to bind iron ore powder; calcium-bentonite products adopted as animal feed additives and processed into high-pressure bentonite for pharmaceuticals; flocculating agents primarily for sewage purification and coating preparation; and putty powder; it also engages in clay mining and processing as well as wholesale and retail of chemicals and equipment. Products serve industries such as paint coatings, paper manufacturing, water treatment, petroleum, textile printing and dyeing, daily-use chemicals, rubber, plastics, environmental protection, building materials, oilfields and pesticides, with operations focused domestically and exports to North America, South America, Eastern Europe, Southeast Asia, Africa, Oceania, Mid East and Western Europe. Founded in 2000 and headquartered in Laoyatang, Si'an Town, Changxing County, Huzhou, Zhejiang Province, China, the company, formerly Changxing Renheng Fine Bentonite Co., Ltd., changed its name in December 2008 and listed on the Hong Kong Stock Exchange in January 2015. It holds 13 invention patents, maintains ISO 9001, ISO 14001 and OHSAS 18001 certifications, and recently earned recognition on the third batch of specialized, refined and new "little giant" enterprises list.