Grandit Co.,Ltd. Class A

Grandit Co.,Ltd. Class A

SSSE:688549
17.35
CNY
-1.00
(-5.45%)
0.00EPS
54.38BMarket Cap
Grandit Co.,Ltd. Class A
SSE:688549
(Shanghai Stock Exchange)

Recent

price

17.35

P/E

ratio

- -

div

yld

0.04%

ROIC.AI

2018
2019
2020
2021
2022
2023
2024
2025
TTM
CNY
0.14
0.22
0.27
0.51
0.76
0.72
0.72
0.8
0.95
Revenue per Share
-0.01
- -
0.02
0.03
0.01
0.01
0.01
-0.01
-0.01
Basic EPS, GAAP
0.01
-0.04
-0.06
-0.22
-0.3
-0.23
-0.1
-0.01
- -
Free Cash Flow per Basic Share
- -
- -
- -
- -
0.02
0.01
0.01
0.01
0.01
Dividend per Share
0.89
0.89
0.91
1.06
1.08
2.05
2.05
2.03
2.04
Book Value per Share
0.79
0.78
0.81
1.06
0.96
1.96
1.96
1.97
1.97
Tangible Book Value per Share
1,108
1,477
1,477
1,111
1,052
1,245
1,431
1,509
1,507
Basic Weighted Avg Shares
156
331
400
566
799
894
1,030
1,212
1,426
Sales/Revenue/Turnover
-26.86
-4.24
0.93
100
6.03
5.95
2.85
3.12
5.66
Operating Margin (%)
28
42
46
7
96
126
153
170
- -
Depreciation Expense
-15
-6
25
33
11
14
10
-17
-18
Net Income, GAAP
- -
- -
- -
19.03
47.46
25.11
24.28
- -
75.34
Effective Tax Rate (%)
-9.67
-1.87
6.17
5.89
1.32
1.53
0.97
-1.37
-1.29
Profit Margin (%)
551
550
473
396
79
1,601
1,483
1,250
1,213
Working Capital
- -
- -
- -
3
95
72
65
44
21
LT Debt
1,001
1,049
1,108
1,268
1,275
3,112
3,112
3,078
3,116
Total Equity
- -
- -
- -
1.28
0.27
0.64
0.33
- -
0.04
Return on Invested Capital (%)
- -
- -
- -
3.15
1.38
0.83
0.39
- -
-1.12
Return on Capital (%)
- -
-0.63
2.48
3.06
0.89
0.65
0.33
-0.55
-0.61
Return on Common Equity (%)

Capital Structure

CNY

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
135
169
172
LT Borrowings
41
41
19
LT Finance Leases
4
4
2
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
1,477
1,477
1,477
Market Capitalization
13,473
12,645
54,379

Working Capital

CNY

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
2,159
2,176
2,169
Cash, Cash Equivalents & STI
1,530
1,334
1,294
Accounts Receivable, Net
278
364
380
Inventories
261
313
348
Total Current Liabilities
909
943
956
Payables & Accruals
- -
- -
- -
ST Debt
135
169
172
Deferred Revenue
- -
- -
- -

Growth Rates

CNY

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
- -
31.59%
-1.08%
Free Cash Flow
- -
14.83%
-85.42%
Net Income, GAAP
- -
-59.16%
-265.71%
Sales/Revenue/Turnover
- -
25.47%
17.68%
Total Cash Common Dividend
- -
687.71%
-42.9%

Quarterly Revenue

CNY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
234
237
278
280
1,030
2025
271
296
- -
331
1,212
2026
366
433
- -
- -
- -

Quarterly Earnings Per Share

CNY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.01
0.01
- -
-0.01
0.01
2025
- -
0.01
- -
-0.03
-0.01
2026
- -
0.01
- -
- -
- -

Quarterly Dividends Per Share

CNY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
0.01
- -
- -
0.01
2025
- -
0.01
- -
- -
0.01
2026
0.01
-0.01
- -
- -
- -
Business
Grandit Co.,Ltd. is a China-based company primarily engaged in the research, development, production, and sale of ultra-pure electronic chemical materials used in the semiconductor, flat panel display, and photovoltaic industries. Founded in 2017 and headquartered in Quzhou, Zhejiang Province, China, the company operates across three core business segments: Electronic Wet Chemicals, Electronic Specialty Gases, and Precursor Materials. Its Electronic Wet Chemicals segment manufactures and distributes electronic-grade hydrofluoric acid, ultra-pure electronic-grade sulfuric acid, electronic-grade nitric acid, electronic-grade hydrochloric acid, electronic-grade ammonium fluoride, electronic-grade aqueous ammonia, buffered oxide etchant (BOE), silicon etching solutions, post-chemical mechanical planarization (CMP) cleaning formulations, and post-etch residue removers; its Electronic Specialty Gases portfolio comprises high-purity chlorine, electronic-grade hydrogen chloride, electronic-grade anhydrous hydrogen fluoride, trifluoromethane, hexafluorobutadiene, octafluorocyclobutane, octafluorocyclopentene, and high-purity tungsten hexafluoride; and its Precursor Materials line includes hexachlorodisilane (HCDS), bis(diethylamino)silane (BDEAS), and tetrakis(dimethylamido)titanium (TDMAT). The company's products are utilized in critical semiconductor manufacturing processes, including wafer cleaning, surface preparation, wet etching, chemical vapor deposition, atomic layer deposition, and thin-film formation for advanced logic, memory chip, OLED, TFT-LCD, and solar cell fabrication. Grandit serves semiconductor foundries, integrated device manufacturers, and panel makers across China, South Korea, Japan, Southeast Asia, and Europe through direct sales and specialized supply chains, operating key production subsidiaries such as Zhejiang Kesen Fluorochemical Co., Ltd., Zhejiang Borui Electronic Technology Co., Ltd., and Zhejiang Borui Central Glass Technology Co., Ltd., a joint venture with Japan-based Central Glass Co., Ltd. In recent developments, Grandit expanded its advanced semiconductor materials footprint through its affiliate Jingheng Xidao (Shanghai) Technology Co., Ltd., which completed the 100% equity acquisition of UK-based quartz manufacturer Heraeus Conamic UK Limited and signed an investment agreement with the Quzhou Intelligent Manufacturing New Town Management Committee to construct an RMB 1.1 billion high-purity quartz material production base with a planned annual capacity of 2,220 tons. In addition, the company advanced multiple domestic capacity expansions, including a 100,700-ton-per-year electronic wet chemical technical renovation and a 1,500-ton-per-year etching solution project at Zhejiang Kesen Fluorochemical, high-purity specialty gas capacity expansions at Zhejiang Borui Electronic Technology, capacity planning for tungsten hexafluoride, and the establishment of a provincial-level postdoctoral research workstation in Zhejiang to accelerate process innovation for sub-7-nanometer semiconductor fabrication materials.