GCH Technology Co.Ltd. Class A

GCH Technology Co.Ltd. Class A

SSSE:688625
45.28
CNY
+0.41
(+0.91%)
22.16BMarket Cap
Oct 29Next Earn
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
2.09
5.95
1.7
1.03
1.56
1.99
2.36
2.53
2.65
3.03
3.36
3.77
- -
Basic EPS, GAAP
0.19
0.92
0.27
0.19
0.29
0.45
0.6
0.69
0.74
0.86
0.96
1.06
- -
Free Cash Flow per Basic Share
0.09
-0.34
0.23
-0.2
-0.06
0.3
0.41
0.97
0.84
0.17
0.39
0.84
- -
Dividend per Share
0.01
1.03
0.03
0.16
0.02
0.12
0.22
0.18
0.27
0.39
0.47
0.53
0.06
Book Value per Share
0.63
0.72
1
1.03
1.61
1.17
1.57
3.48
4.04
4.81
5.13
5.71
6.26
Tangible Book Value per Share
0.59
0.7
0.98
1.01
1.31
1.17
1.34
3.31
3.89
4.56
4.89
5.47
5.47
Basic Weighted Avg Shares
98
20
99
199
195
197
195
228
262
264
260
259
259
Sales/Revenue/Turnover
205
117
168
204
304
392
460
576
695
800
873
977
- -
Operating Margin (%)
9.87
13.92
17.34
22.06
24.35
100
30.46
31.21
29.13
29.72
28.99
30.43
- -
Depreciation Expense
3
3
3
3
7
2
9
12
15
22
24
37
- -
Net Income, GAAP
19
18
27
38
56
89
117
157
195
226
250
276
- -
Effective Tax Rate (%)
12.57
14.14
14.4
14.49
13.8
13.97
14.06
13.62
14.18
14.11
14.14
14.74
- -
Profit Margin (%)
9.29
15.42
15.89
18.88
18.28
22.77
25.32
27.25
28.09
28.28
28.66
28.22
- -
Working Capital
38
56
82
29
79
126
172
548
-562
-478
313
-14
124
LT Debt
- -
1
- -
13
42
34
3
8
3
- -
8
3
7
Total Equity
62
70
98
101
158
230
308
909
1,057
1,277
1,361
1,505
1,650
Return on Invested Capital (%)
- -
23.73
28.44
28.54
27.84
32.16
34.51
24.36
13.66
9.56
8.98
10.86
- -
Return on Capital (%)
- -
26.23
31.08
31.2
30.31
34.03
35.46
24.68
14.35
10.48
9.76
11.32
- -
Return on Common Equity (%)
- -
27.35
31.78
38.83
43.02
46.02
43.36
25.82
19.86
19.38
18.98
19.25
- -

Capital Structure

CNY

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
859
978
1,102
LT Borrowings
- -
- -
3
LT Finance Leases
3
2
4
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
264
264
263
Market Capitalization
7,759
10,015
22,159

Working Capital

CNY

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
1,511
1,433
1,944
Cash, Cash Equivalents & STI
660
526
769
Accounts Receivable, Net
279
291
386
Inventories
88
97
106
Total Current Liabilities
1,525
1,566
1,821
Payables & Accruals
- -
- -
- -
ST Debt
859
978
1,102
Deferred Revenue
- -
- -
- -

Growth Rates

CNY

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
42.84%
49.95%
10.63%
Free Cash Flow
-104.46%
68.14%
113.94%
Net Income, GAAP
32.35%
19.16%
10.2%
Sales/Revenue/Turnover
24.25%
16.4%
11.94%
Total Cash Common Dividend
159.69%
29.26%
13.06%

Quarterly Revenue

CNY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
192
223
234
234
873
2025
219
251
- -
237
977
2026
249
232
- -
- -
- -

Quarterly Earnings Per Share

CNY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.23
0.25
0.27
0.2
0.96
2025
0.38
0.29
- -
0.18
1.06
2026
0.35
0.15
- -
- -
- -

Quarterly Dividends Per Share

CNY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.01
0.42
0.01
0.03
0.47
2025
0.25
0.15
- -
0.03
0.53
2026
0.01
0.02
- -
- -
- -

Company Description

CEO
Xu Zhang
Full Time Employees
303
Sector
Process industries
Industry
Chemicals: specialty
Address
No. 2, Keqiang Road Guangzhou GD China 510540
IPO Date
Jun 7, 2021
Business
GCH Technology Co., Ltd. (688625.SS) researches, develops, produces, and sells specialty polymer additives, including nucleating agents, synthetic hydrotalcites, and composite additives, primarily in China and internationally. The company's core products encompass clarifiers for polyolefins; high-performance nucleators, ß-type nucleators, and PA nucleators; acid scavengers for PVC and polyolefins; non-dust one-pack granular additive mixtures; preblend additives; masterbatch additives for resins; primary and secondary antioxidants; light stabilizers and UV absorbers; anti-block agents; and flame retardant synergists. These additives enhance optical, mechanical, and stability properties of resins for applications in food and beverage packaging, household appliances, auto parts, toys, wire and cable, medical supplies, artificial leather, profiles, tubes, pipes, and lithium battery materials. Founded in 2002 and headquartered at No. 2, Keqiang Road, Guangzhou Private Science and Technology Park, Baiyun District, Guangzhou, China, GCH Technology operates subsidiaries and offices in Shanghai, Tangshan, Tianjin, Beijing, Xi'an, and Hong Kong, supporting domestic leadership in clarifier, nucleator, and synthetic hydrotalcite sales volumes. The company serves resin and modified plastics manufacturers with environmentally friendly, high-performance solutions compliant with global food contact standards from institutions including China's National Health Commission, U.S. FDA, Japan's JCII, and the European Commission. Recent developments include the completion and commissioning of fundraising projects for capacity expansion, driving performance growth through increased nucleating agent production and sales, new customer acquisition, and market share gains amid domestic substitution opportunities. In 2024, Ru Fei acquired additional stakes totaling approximately 12.93% from Shanghai Kehui Investment Management Co., Ltd., including 5.91% in May and 7.02% via agreements valued at around CNY 250 million, optimizing the shareholder structure. The company pursued strategic acquisitions such as an agreement for Tangshan Keao Chemical Additives Co., Ltd. and a letter of intent for 51% of Wuhu Yingri Technology Co., Ltd., alongside introducing long-term investors like Jiayi Chongyang No. 1 Private Equity Fund in 2025 to support sustained innovation and global expansion. Overseas revenue grew to CNY 172 million in 2024, reflecting robust international business momentum.