Zhejiang He Chuan Technology Co., Ltd. Class A

Zhejiang He Chuan Technology Co., Ltd. Class A

SSSE:688320
30.40
CNY
-0.61
(-1.97%)
-0.29EPS
6.26BMarket Cap
Oct 31Next Earn
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
2.59
2.83
4.89
6.63
6.79
7.3
5.4
6.88
8.62
Basic EPS, GAAP
0.46
0.43
0.96
0.97
0.65
0.35
-1.1
-0.88
-0.18
Free Cash Flow per Basic Share
-0.17
-0.31
-0.23
-0.25
-3.5
-1.84
-1.12
-0.2
- -
Dividend per Share
- -
- -
- -
- -
0.01
0.21
0.15
0.03
-0.02
Book Value per Share
3.04
3.47
4.57
5.6
10.18
10.39
8.72
8.04
8.22
Tangible Book Value per Share
2.95
3.15
4.1
5.13
9.82
9.9
8.3
7.47
7.67
Basic Weighted Avg Shares
109
111
111
113
139
153
150
148
147
Sales/Revenue/Turnover
283
313
544
751
944
1,116
811
1,017
1,263
Operating Margin (%)
21.95
19.89
22.97
16.51
10.36
6.82
-13.63
-7.35
0.33
Depreciation Expense
6
10
17
22
28
39
63
70
- -
Net Income, GAAP
50
48
107
110
90
54
-165
-130
-27
Effective Tax Rate (%)
12.52
5.78
10.41
4.44
1.29
- -
- -
- -
- -
Profit Margin (%)
17.75
15.22
19.64
14.64
9.57
4.8
-20.37
-12.78
-2.13
Working Capital
267
275
371
447
1,073
909
663
548
575
LT Debt
- -
- -
1
2
5
7
54
54
55
Total Equity
333
381
519
634
1,534
1,565
1,310
1,217
1,239
Return on Invested Capital (%)
- -
13.4
23.74
18.6
7.9
- -
- -
- -
- -
Return on Capital (%)
- -
12.99
23.55
18.87
8.41
- -
- -
- -
- -
Return on Common Equity (%)
- -
13.32
23.76
19.1
8.33
3.45
-11.44
-10.28
-2.13

Capital Structure

CNY

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
199
217
257
LT Borrowings
50
50
50
LT Finance Leases
4
5
5
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
151
151
151
Market Capitalization
5,636
4,555
6,260

Working Capital

CNY

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
1,207
1,322
1,589
Cash, Cash Equivalents & STI
51
73
110
Accounts Receivable, Net
509
595
713
Inventories
308
386
476
Total Current Liabilities
659
769
1,014
Payables & Accruals
- -
- -
- -
ST Debt
199
217
257
Deferred Revenue
- -
- -
- -

Growth Rates

CNY

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
- -
28.58%
-7.14%
Free Cash Flow
- -
294.44%
-82.04%
Net Income, GAAP
- -
-97.02%
-21.23%
Sales/Revenue/Turnover
- -
16.03%
25.49%
Total Cash Common Dividend
- -
- -
-81.79%

Quarterly Revenue

CNY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
205
278
161
167
811
2025
230
279
- -
285
1,017
2026
272
426
- -
- -
- -

Quarterly Earnings Per Share

CNY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
-0.1
-0.09
-0.35
-0.57
-1.1
2025
-0.19
-0.08
- -
-0.26
-0.88
2026
-0.04
0.19
- -
- -
- -

Quarterly Dividends Per Share

CNY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.01
0.12
0.01
0.01
0.15
2025
0.01
0.01
- -
-0.05
0.03
2026
0.01
0.01
- -
- -
- -

Company Description

CEO
Xiao Jie Xu
Full Time Employees
1,631
Sector
Distribution services
Industry
Wholesale distributors
Address
Quzhou China
IPO Date
Apr 28, 2022
Website
hcfa.cn
Business
Zhejiang He Chuan Technology Co., Ltd. is a China-based industrial automation technology company engaged in the research, development, manufacturing, and distribution of industrial automation control products and smart manufacturing solutions. The company provides a comprehensive product portfolio organized across multiple core categories: servo systems, including single-axis and multi-axis AC servo drives, rotary servo motors, linear motors, direct-drive motors, hollow cup motors, and frameless torque motors; controllers, including programmable logic controllers (PLCs), programmable automation controllers (PACs), industrial personal computers (IPCs), computerized numerical control (CNC) multi-axis controllers, and distributed input/output (I/O) modules; frequency converters, including low-voltage variable frequency drives (VFDs) and specialized inverters; human-machine interfaces (HMIs), consisting of industrial touch screens and operator panels; sensors and machine vision systems, including optical and magnetic encoders, photoelectric sensors, and vision inspection systems; precision mechanical parts, comprising linear modules, ball screw units, and electric cylinders; and humanoid robotics solutions, including integrated rotary joint modules, linear actuators, multi-fingered dexterous robotic hands, and the YOLO 01 humanoid robotic prototype platform. The company serves original equipment manufacturers (OEMs) and system integrators across diverse industries, including photovoltaics, lithium-ion battery manufacturing, 3C electronics (computers, communications, and consumer electronics), robotics, packaging, textiles, laser processing, woodworking, and logistics automation. Founded in 2011 and headquartered in Quzhou, Zhejiang Province, China, Zhejiang He Chuan Technology operates domestic research and manufacturing facilities alongside international subsidiaries, including HCFA Singapore and HCFA Germany, serving markets across East Asia, Southeast Asia, South Asia, Europe, the Middle East, and the Americas. In recent strategic developments, the company entered into a major partnership and joint venture agreement with Bosch Rexroth, which acquired a minority stake in the company to jointly develop and market automation and electrification solutions under the Le-AutomatiX brand; established an independent subsidiary, Zhejiang Hechuan Humanoid Robot Co., Ltd., to accelerate commercialization and contract manufacturing of core humanoid robot actuators, joint modules, and dexterous hands; and expanded its international distributor network, including commercial agreements in India, to accelerate global market penetration.