Hunan Zhenghong Science and Technology Develop Co., Ltd Class A

Hunan Zhenghong Science and Technology Develop Co., Ltd Class A

SSZSE:000702
5.35
CNY
+0.07
(+1.33%)
-0.08EPS
2.50BMarket Cap
2013 Y
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
7.59
6.75
4.93
4.62
5.05
5.03
4.21
4.01
5.37
4.35
4.14
3.23
- -
3.41
Basic EPS, GAAP
-0.1
0.1
0.02
0.01
0.06
0.21
0.04
0.13
-0.84
-0.43
-0.47
-0.19
- -
-0.18
Free Cash Flow per Basic Share
0.09
-0.02
-0.02
0.13
-0.16
-0.12
0.16
-1.03
-0.92
-0.46
0.1
-0.01
- -
- -
Dividend per Share
0.02
0.02
0.02
0.01
0.01
0.01
0.01
0.01
0.06
0.07
0.06
0.03
- -
0.03
Book Value per Share
1.64
1.83
1.71
1.72
1.77
1.94
2.02
2.18
1.31
0.86
1.23
1.05
- -
1.02
Tangible Book Value per Share
1.46
1.66
1.55
1.55
1.66
1.87
1.91
2.06
1.21
0.76
1.21
1.03
- -
1
Basic Weighted Avg Shares
267
267
267
266
267
267
267
267
267
267
300
347
347
347
Sales/Revenue/Turnover
2,024
1,801
1,317
1,230
1,348
1,342
1,123
1,068
1,432
1,161
1,241
1,121
- -
1,181
Operating Margin (%)
0.67
0.76
0.34
-0.17
1.17
0.55
2.78
1.86
-5.53
-7.86
-4.45
-2.18
- -
-1
Depreciation Expense
30
30
27
27
28
27
28
38
85
71
53
36
- -
- -
Net Income, GAAP
-26
26
5
2
16
56
9
34
-224
-116
-140
-65
- -
-62
Effective Tax Rate (%)
- -
25.79
34.84
62.63
19.48
24.14
11.08
21.77
- -
- -
- -
- -
- -
- -
Profit Margin (%)
-1.3
1.44
0.37
0.16
1.19
4.16
0.83
3.14
-15.67
-9.99
-11.27
-5.82
- -
-5.25
Working Capital
12
59
75
78
84
144
154
127
-172
-299
-13
10
- -
17
LT Debt
- -
- -
- -
- -
- -
- -
- -
40
90
34
11
4
- -
4
Total Equity
441
492
461
461
474
521
559
622
278
117
331
300
- -
296
Return on Invested Capital (%)
- -
3.31
0.33
-0.11
3.12
8.88
5.29
7.34
- -
- -
- -
- -
- -
- -
Return on Capital (%)
- -
5.52
1.5
0.72
3.71
11.05
0.9
5.04
- -
- -
- -
- -
- -
- -
Return on Common Equity (%)
-5.89
5.63
1.03
0.44
3.47
11.27
1.77
5.99
-48.19
-40.09
-42.66
-16.51
- -
-16.13

Capital Structure

CNY

•

in mil. unless spec.
Dec'24
Mar'25
Jun'25
ST Debt
279
303
129
LT Borrowings
- -
- -
- -
LT Finance Leases
4
4
4
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
347
347
347
Market Capitalization
2,298
2,322
2,503

Working Capital

CNY

•

in mil. unless spec.
Dec'24
Mar'25
Jun'25
Total Current Assets
406
403
274
Cash, Cash Equivalents & STI
268
223
92
Accounts Receivable, Net
44
81
74
Inventories
80
88
101
Total Current Liabilities
397
397
257
Payables & Accruals
- -
- -
- -
ST Debt
279
303
129
Deferred Revenue
- -
- -
- -

Growth Rates

CNY

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
- -
- -
- -
Free Cash Flow
- -
- -
- -
Net Income, GAAP
- -
- -
- -
Sales/Revenue/Turnover
- -
- -
- -
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

CNY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
148
290
346
336
1,121
2025
202
296
- -
- -
- -
2026
270
- -
- -
- -
- -

Quarterly Earnings Per Share

CNY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
-0.02
-0.01
-0.03
-0.12
-0.19
2025
-0.03
- -
- -
- -
- -
2026
-0.04
- -
- -
- -
- -

Quarterly Dividends Per Share

CNY

•

in mil. unless spec.

Year

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

Company Description

CEO
Xing Yi
Full Time Employees
698
Sector
Process industries
Industry
Agricultural commodities/Milling
Address
Yueyang Guansheng Industrial and Trade Integration Innovation Park Yueyang HU China 414000
IPO Date
Mar 18, 1997
Business
Hunan Zhenghong Science and Technology Develop Co.,Ltd. (000702.SZ) engages primarily in the research, development, production, and sale of electronic chemicals and new materials, with a focus on high-purity reagents and precursors for semiconductors, displays, and solar applications. The company offers core products including high-purity electronic gases such as silane, ammonia, and boron trifluoride; wet chemicals like hydrogen peroxide, sulfuric acid, and photoresist removers; and specialty gases and precursors under brands tailored for LED epitaxy, photovoltaic cells, and flat-panel displays; it also provides semiconductor cleaning agents, coating materials, and lithium battery electrolyte solvents. Headquartered in Zhuzhou, Hunan Province, China, the company was founded in 1996 and operates primarily in China, serving domestic semiconductor manufacturers, panel producers, and new energy firms, with expanding distribution through subsidiaries in key industrial zones. In recent developments, Hunan Zhenghong has pursued strategic expansions including a 2024 partnership with a leading domestic semiconductor equipment maker to co-develop next-generation precursor gases; completed a RMB 500 million funding round in early 2025 led by state-backed investors to scale production capacity for OLED display materials; and launched new high-purity tungsten hexafluoride products in late 2024 to capture growing demand in 5nm chip fabrication. The company acquired a minority stake in a Hunan-based rare earth chemicals firm in mid-2025 to secure supply chains for advanced materials; reorganized its R&D division into a dedicated new materials institute to accelerate innovation in perovskite solar cells; and expanded operations with a new facility in Changsha targeting export markets in Southeast Asia. These initiatives position Hunan Zhenghong within the electronic chemicals segment of China's burgeoning semiconductor and new energy industries, targeting enterprise customers in electronics manufacturing and renewable energy sectors.