Shanghai HIUV New Materials Co., Ltd. Class A

Shanghai HIUV New Materials Co., Ltd. Class A

SSSE:688680
34.22
CNY
+0.51
(+1.51%)
4.10BMarket Cap
Oct 30Next Earn
Shanghai HIUV New Materials Co., Ltd. Class A
SSE:688680
(Shanghai Stock Exchange)

Recent

price

34.22

P/E

ratio

- -

div

yld

0.21%

ROIC.AI

2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
TTM
CNY
6.29
5.31
9.01
7.81
10.71
10.57
11.66
17.33
23.49
37.8
63.56
58.19
31.23
14.02
- -
Revenue per Share
0.42
0.39
0.75
0.75
0.78
0.58
0.45
1.09
3.54
3.07
0.6
-2.73
-6.73
-5.95
- -
Basic EPS, GAAP
-0.66
0.34
-0.56
-0.78
-1.75
-2.21
-2.18
-0.57
-3.52
-18.57
-36.63
-15.51
3.44
1.69
- -
Free Cash Flow per Basic Share
0.2
0.1
0.07
0.05
0.25
0.28
0.11
0.16
0.29
0.75
1.26
0.82
0.47
0.21
0.07
Dividend per Share
0.58
1.19
1.78
3.16
6.55
6.97
7.32
8.62
11.95
27.45
29.54
26.17
19.13
13.31
16.94
Book Value per Share
0.54
1.15
1.71
3.09
6.49
6.53
6.93
8.24
11.38
27.04
28.97
24.71
17.69
12.4
16.17
Tangible Book Value per Share
17
19
24
46
54
61
61
61
63
82
83
84
83
83
86
Basic Weighted Avg Shares
105
99
214
358
575
644
715
1,063
1,481
3,105
5,307
4,872
2,591
1,161
- -
Sales/Revenue/Turnover
13.92
10.99
13.03
12.13
9.58
7.86
5.58
7.84
17.46
9.87
4.45
-0.54
-7.9
-16.16
- -
Operating Margin (%)
2
2
3
4
5
8
10
15
19
39
67
100
110
95
- -
Depreciation Expense
7
7
18
34
42
35
28
67
223
252
50
-229
-558
-493
- -
Net Income, GAAP
15.78
18.27
20.28
16.02
14.75
10.99
1.35
7.65
12.09
8.7
- -
- -
- -
- -
- -
Effective Tax Rate (%)
6.68
7.35
8.32
9.6
7.28
5.49
3.86
6.29
15.07
8.12
0.94
-4.69
-21.55
-42.45
- -
Profit Margin (%)
21
58
83
159
338
309
278
344
448
1,717
2,047
1,746
1,178
934
884
Working Capital
- -
- -
- -
12
12
17
15
17
36
62
620
943
735
766
158
LT Debt
40
79
120
195
403
427
447
543
753
2,306
2,482
2,198
1,607
1,118
1,653
Total Equity
- -
6.69
13.88
15.79
8.99
6.7
5
10.42
24.21
11.57
- -
- -
- -
- -
- -
Return on Invested Capital (%)
- -
7.24
12.7
18.05
11.11
7.87
6.88
11.34
24.8
12.44
- -
- -
- -
- -
- -
Return on Capital (%)
- -
13.53
19.62
22.78
14.12
8.55
6.32
13.51
34.46
16.49
2.09
-9.77
-29.35
-36.18
- -
Return on Common Equity (%)

Capital Structure

CNY

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
453
409
348
LT Borrowings
726
234
102
LT Finance Leases
41
41
56
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
84
96
98
Market Capitalization
3,214
4,466
4,098

Working Capital

CNY

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
1,587
1,548
1,440
Cash, Cash Equivalents & STI
491
539
471
Accounts Receivable, Net
515
488
487
Inventories
94
130
90
Total Current Liabilities
652
607
556
Payables & Accruals
- -
- -
- -
ST Debt
453
409
348
Deferred Revenue
- -
- -
- -

Growth Rates

CNY

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
32.24%
29.06%
-30.4%
Free Cash Flow
112.36%
91.46%
-50.99%
Net Income, GAAP
-13.04%
-98.17%
-11.72%
Sales/Revenue/Turnover
24.22%
14.07%
-55.19%
Total Cash Common Dividend
82.49%
34.75%
-54.93%

Quarterly Revenue

CNY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
877
612
564
539
2,591
2025
316
318
- -
291
1,161
2026
260
351
- -
- -
- -

Quarterly Earnings Per Share

CNY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
-0.23
-1.44
-1.33
-3.74
-6.73
2025
-0.69
-0.91
- -
-3.43
-5.95
2026
-0.46
-0.1
- -
- -
- -

Quarterly Dividends Per Share

CNY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.1
0.12
0.04
0.2
0.47
2025
0.04
0.1
- -
0.02
0.21
2026
0.02
0.03
- -
- -
- -
Business
Shanghai HIUV New Materials Co., Ltd (688680.SS) develops, manufactures, and sells ultraviolet (UV) curable materials and related products for the electronics, printing, and coating industries. The company offers a range of core products including UV curable resins, such as acrylates and oligomers under the HIUV brand; UV photoinitiators and additives for polymerization processes; UV inks and coatings for flexible packaging, labels, and metal decoration; and specialized functional materials like optical films and adhesives for display panels and LEDs. These products serve key segments including new energy vehicles, semiconductors, 5G communications, consumer electronics, and high-end manufacturing, with primary customers comprising leading electronics assemblers and packaging firms in China. Headquartered in Shanghai, China, the company was founded in 2010 and operates primarily in the Asia-Pacific region, with production facilities in Shanghai and expanding distribution networks across China and select Southeast Asian markets. Shanghai HIUV maintains subsidiaries focused on R&D for advanced materials and international sales channels to support its growth in high-tech applications. In the last two years, Shanghai HIUV has pursued strategic expansions including a major funding round in 2024 to scale production capacity for UV materials used in semiconductor encapsulation; a partnership alliance with leading OLED display manufacturers announced in mid-2025 to co-develop next-generation photoresists; and the launch of new high-performance UV-curable adhesives for flexible circuit boards amid rising demand from electric vehicle battery sectors. The company also completed an acquisition of a regional photoinitiator supplier in early 2025, enhancing its supply chain resilience and raw material integration.