Zhejiang HangKe Technology Incorporated Company Class A

Zhejiang HangKe Technology Incorporated Company Class A

SSSE:688006
17.18
CNY
-0.30
(-1.72%)
22.06BMarket Cap
Oct 30Next Earn
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
3.7
5.81
1.52
2.21
2.48
2.67
4.38
6.13
6.56
4.93
4.96
- -
Basic EPS, GAAP
0.81
1.27
0.36
0.57
0.55
0.66
0.41
0.87
1.35
0.54
0.61
- -
Free Cash Flow per Basic Share
0.63
0.61
0.1
0.33
-0.01
0.23
0.29
0.49
-0.33
0.1
1.79
- -
Dividend per Share
- -
0.61
0.08
0.09
- -
0.16
0.2
0.16
0.33
0.45
0.18
0.07
Book Value per Share
1.42
5.95
1.31
1.81
3.96
4.57
5.01
5.9
8.48
8.56
8.93
9.02
Tangible Book Value per Share
1.42
5.68
1.11
1.62
3.79
4.4
4.76
5.59
8.17
8.23
8.59
8.68
Basic Weighted Avg Shares
70
71
506
501
529
560
568
564
599
604
604
605
Sales/Revenue/Turnover
258
410
771
1,109
1,313
1,493
2,483
3,454
3,932
2,981
2,997
- -
Operating Margin (%)
21.2
19.64
29.33
28.87
35.63
30.95
12.43
16.83
26.28
14.38
11.26
- -
Depreciation Expense
3
7
14
18
25
33
43
73
98
115
111
- -
Net Income, GAAP
57
90
181
286
291
372
235
491
809
326
368
- -
Effective Tax Rate (%)
13.91
13.64
13.77
13.48
12.83
12.54
8.51
9.81
11.18
3.3
1.68
- -
Profit Margin (%)
22.01
21.87
23.42
25.8
22.18
24.91
9.47
14.2
20.58
10.95
12.29
- -
Working Capital
68
361
323
508
1,688
1,908
1,873
2,124
3,535
3,617
3,846
3,971
LT Debt
- -
- -
- -
- -
- -
- -
6
2
- -
- -
- -
5
Total Equity
114
486
660
912
2,223
2,567
2,825
3,348
5,119
5,165
5,392
5,534
Return on Invested Capital (%)
- -
21.95
29.91
35.56
18.89
16.47
9.18
17.05
20.2
6.86
7.69
- -
Return on Capital (%)
- -
27.88
30.97
36.43
18.42
15.43
8.71
15.88
19.07
6.35
6.95
- -
Return on Common Equity (%)
- -
29.79
31.5
36.42
18.58
15.53
8.72
15.9
19.11
6.35
6.98
- -

Capital Structure

CNY

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
51
- -
45
LT Borrowings
- -
- -
- -
LT Finance Leases
- -
- -
5
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
604
604
604
Market Capitalization
17,682
16,215
22,064

Working Capital

CNY

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
9,314
10,130
11,206
Cash, Cash Equivalents & STI
3,919
3,829
4,101
Accounts Receivable, Net
1,465
1,652
1,769
Inventories
3,208
3,820
4,323
Total Current Liabilities
5,468
6,113
7,235
Payables & Accruals
- -
- -
- -
ST Debt
51
- -
45
Deferred Revenue
- -
- -
- -

Growth Rates

CNY

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
64.67%
17.35%
4.4%
Free Cash Flow
-106.49%
280.13%
1,606.98%
Net Income, GAAP
33.73%
18%
12.88%
Sales/Revenue/Turnover
31.85%
19.12%
0.52%
Total Cash Common Dividend
- -
20.3%
-59.56%

Quarterly Revenue

CNY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
884
1,007
780
310
2,981
2025
680
1,290
- -
276
2,997
2026
845
1,308
- -
- -
- -

Quarterly Earnings Per Share

CNY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.29
0.16
0.18
-0.08
0.54
2025
0.19
0.29
- -
-0.03
0.61
2026
0.21
0.04
- -
- -
- -

Quarterly Dividends Per Share

CNY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
0.34
- -
0.11
0.45
2025
0.06
0.06
- -
0.07
0.18
2026
- -
- -
- -
- -
- -

Company Description

CEO
Ping Guang Yu
Full Time Employees
4,466
Sector
Electronic technology
Industry
Electronic equipment/Instruments
Address
No.77 Gaoxin 11 Road Hangzhou ZH China 311231
IPO Date
Jul 22, 2019
Business
Zhejiang HangKe Technology Incorporated Company specializes in the design, development, production, sales, and service of lithium-ion battery post-processing systems used in charging and discharging industries for energy storage, new energy vehicles, and digital product batteries. Its core products include integrated production lines for square (prismatic) battery post-processing systems, solid-state battery post-processing systems, digital small steel case battery post-processing systems, soft pack battery post-processing systems, cylindrical battery post-processing systems, EV and energy storage PACK assembly systems, and PACK test product systems. Founded in 1984 and headquartered in Hangzhou, China, Zhejiang HangKe Technology has established a global operation and service network serving major domestic and international battery and automobile manufacturers such as CATL, BYD, Samsung, LG, SK, and Toyota. The company recently launched its Sixth Factory FAT Center, the world's first full-process, OEM-integrated post-treatment line for prismatic cells featuring AI-powered seamless integration of processes from electrolyte filling to final testing, delivering high precision and intelligent orchestration. In 2025, HangKe also held a high-profile Technology Conference showcasing advancements in power cell pilot lines, module PACK systems, safety systems, gasbag-free solid-state formation solutions, and digital power planning platforms. The company reported solid financial performance in H1 2025 with revenue growth driven by ongoing innovation and strategic focus on intelligent battery manufacturing systems. Chairman Ji Cao, who holds majority control, emphasizes technological innovation as the core growth driver, focusing on improving energy density, safety, lifespan, and tailored client solutions to maintain leadership in the global lithium-ion battery post-processing market.