Hangzhou Honghua Digital Technology Stock Co., Ltd. Class A

Hangzhou Honghua Digital Technology Stock Co., Ltd. Class A

SSSE:688789
46.29
CNY
-2.10
(-4.34%)
2.24EPS
24.24P/E
9.58BMarket Cap
Oct 31Next Earn
2009 Y
2010 Y
2011 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
1.14
1.48
2.05
2.3
3.85
4.81
5.81
6.72
5.46
7.12
10.02
12.86
11.81
Basic EPS, GAAP
0.19
0.33
0.43
0.44
0.83
1.17
1.39
1.62
1.48
1.84
2.32
2.95
2.19
Free Cash Flow per Basic Share
0.33
0.29
0.25
0.56
0.79
0.76
0.72
-0.08
0.17
-1.39
-0.28
-0.5
- -
Dividend per Share
0.16
0.16
- -
0.5
0.23
- -
- -
0.02
0.43
0.54
0.55
0.93
0.93
Book Value per Share
1.18
1.35
1.78
2.56
3.41
4.64
6.03
9.02
10.25
15.86
17.54
19.83
18.87
Tangible Book Value per Share
1.11
1.28
1.72
2.49
3.34
4.58
5.7
8.77
9.51
14.06
15.41
17.59
16.67
Basic Weighted Avg Shares
122
123
123
123
123
123
123
140
164
177
179
179
180
Sales/Revenue/Turnover
139
183
253
283
473
591
716
943
895
1,258
1,790
2,303
2,121
Operating Margin (%)
14.93
20.42
20.84
20.21
25.54
100
29.13
29.22
29.12
27.04
27.26
26.69
22.98
Depreciation Expense
4
3
4
10
10
8
15
21
22
39
44
59
- -
Net Income, GAAP
23
41
53
54
102
144
171
227
243
325
414
528
394
Effective Tax Rate (%)
9.23
13.04
11.75
12.42
15.65
13.9
12.38
13.04
11.2
11.6
12.4
12.98
12.16
Profit Margin (%)
16.61
22.45
20.96
19.14
21.52
24.35
23.91
24.03
27.17
25.85
23.15
22.94
18.57
Working Capital
60
80
134
205
307
450
590
1,248
1,116
1,795
1,824
2,107
1,959
LT Debt
- -
- -
- -
- -
- -
- -
31
61
- -
45
84
243
253
Total Equity
148
170
223
315
420
572
753
1,493
1,714
2,907
3,235
3,653
3,482
Return on Invested Capital (%)
- -
19.09
21.98
19.66
29.9
29.41
25.17
19.38
15.37
14.18
12.87
13.49
9.44
Return on Capital (%)
- -
24.91
25.9
19.97
26.2
27.9
26.26
19.26
14.36
13.37
11.87
12.5
9.35
Return on Common Equity (%)
- -
26.41
27.51
20.28
27.71
29.04
26.03
20.37
15.35
14.36
13.83
15.72
11.81

Capital Structure

CNY

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
512
394
840
LT Borrowings
243
288
252
LT Finance Leases
- -
- -
1
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
180
180
180
Market Capitalization
14,703
11,791
9,584

Working Capital

CNY

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
3,061
2,934
3,332
Cash, Cash Equivalents & STI
1,307
1,054
1,391
Accounts Receivable, Net
818
821
829
Inventories
630
758
821
Total Current Liabilities
954
758
1,373
Payables & Accruals
- -
- -
- -
ST Debt
512
394
840
Deferred Revenue
- -
- -
- -

Growth Rates

CNY

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
38.06%
41.36%
12.92%
Free Cash Flow
-128.46%
-284.79%
77.96%
Net Income, GAAP
30.77%
25.67%
27.48%
Sales/Revenue/Turnover
30.13%
27.63%
28.61%
Total Cash Common Dividend
- -
728.84%
69.42%

Quarterly Revenue

CNY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
368
447
449
525
1,790
2025
478
559
- -
671
2,303
2026
368
523
- -
- -
- -

Quarterly Earnings Per Share

CNY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.48
0.64
0.62
0.58
2.32
2025
0.6
0.8
- -
0.78
2.95
2026
0.23
0.39
- -
- -
- -

Quarterly Dividends Per Share

CNY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.01
0.01
0.35
0.18
0.55
2025
0.01
0.6
- -
0.31
0.93
2026
0.01
0.01
- -
- -
- -

Company Description

CEO
Xiao Tuan Jin
Full Time Employees
1,401
Sector
Producer manufacturing
Industry
Industrial machinery
Address
No. 3911 Binsheng Road Hangzhou ZH China 310052
IPO Date
Jul 8, 2021
Website
atexco.com
Business
Hangzhou Honghua Digital Technology Stock Company Ltd. Hangzhou Honghua Digital Technology Stock Company Ltd. (688789.SS), known under the Atexco brand, engages in the research, development, production, and sale of digital ink-jet printing technology, equipment, and consumables primarily for the textile, carpet, packaging, commercial, and sign & graphic industries. Founded in 1992 and headquartered in Hangzhou, Zhejiang Province, China, the company offers a comprehensive portfolio of products including high-speed multi-pass and single-pass digital textile printers such as the Vega x1 (iX1), Vega x3 (iX3), Vega x5 (iX5), Vega 8000DI, Vega 9000DI, Vega Vision, VegaOne Hybrid flatbed models, Model X plus, Model H, Eco Print, and Vega One; specialized packaging solutions like WebMaster; commercial printers including VegaPress and VegaPress Mini; along with inks such as reactive, sublimation, disperse, pigment, and acid varieties, as well as reactive dyes, software, and related consumables and services. The company operates predominantly in China with export activities serving global markets in fabric, home textile, customized design, and industrial digital printing sectors, maintaining a leading position through vertical integration and over 15,000 installed units worldwide. In recent developments, Hangzhou Honghua Digital Technology Stock Company Ltd. launched several innovative products in 2024 and 2025, including the VEGA 9180DI flagship ultra-high-speed industrial textile printer showcased at industry events, VEGAPRESS 880M-HD high-speed inkjet press for packaging with dual-circulation printheads supporting substrates up to 350 gsm, VEGAPRESS MINI COLOR compact solution for small print shops, Vega Press Mini monochrome printer for digital book production with installations in India and UAE, and Vega X5 industrial textile printer achieving 18,000 meters per day using Kyocera printheads; it also introduced technological advancements like Katana recirculation printheads in the Model X Pro and smart factory automation in its expanded 260,000 square meter facility to enhance efficiency and sustainability.