Suzhou Hycan Holdings Co., Ltd. Class A

Suzhou Hycan Holdings Co., Ltd. Class A

SSZSE:002787
19.82
CNY
+0.05
(+0.25%)
0.41EPS
79.04P/E
10.70BMarket 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
3.37
3.95
4.33
3.56
4.07
4.65
5.44
5.75
8.01
6.21
8.58
7.62
6.93
7.33
Basic EPS, GAAP
0.33
0.35
0.4
0.38
0.33
0.18
0.22
0.15
0.06
0.03
0.03
0.22
0.34
0.41
Free Cash Flow per Basic Share
-0.41
0.24
-0.03
0.07
0.28
-0.31
-0.19
-0.85
-0.36
0.79
0.22
0.26
1.11
- -
Dividend per Share
0.05
0.07
0.06
0.26
0.26
0.22
0.1
0.14
0.14
0.06
0.06
0.03
0.13
0.13
Book Value per Share
1.9
2.24
3.23
3.29
3.49
4.68
4.93
4.99
4.99
4.8
4.95
5.39
5.52
5.48
Tangible Book Value per Share
1.61
1.91
2.99
3.06
3.26
3.69
3.95
4.11
4.08
4.07
4.44
4.92
5.07
4.93
Basic Weighted Avg Shares
210
211
210
283
283
297
306
310
293
365
281
322
334
317
Sales/Revenue/Turnover
708
832
910
1,007
1,149
1,384
1,666
1,782
2,348
2,264
2,411
2,449
2,311
2,327
Operating Margin (%)
14.19
11.8
12.97
12.3
9.54
7.45
8.28
8.67
5.9
2.98
4.74
5.67
7.35
8.69
Depreciation Expense
17
21
26
30
36
44
56
60
93
108
114
117
112
- -
Net Income, GAAP
69
73
84
108
93
54
67
47
18
11
8
71
113
129
Effective Tax Rate (%)
20.03
15.49
17.35
19.05
18.23
21.61
17.16
18.26
35.86
31.49
9.93
27.35
17.24
17.46
Profit Margin (%)
9.79
8.74
9.25
10.68
8.12
3.87
4.05
2.61
0.75
0.48
0.35
2.89
4.91
5.56
Working Capital
151
199
585
504
482
877
922
808
786
860
686
940
906
1,014
LT Debt
- -
40
35
- -
- -
282
302
331
348
374
17
100
52
206
Total Equity
401
474
909
949
1,005
1,439
1,538
1,582
1,583
1,521
1,656
1,852
1,858
1,856
Return on Invested Capital (%)
12.78
11.28
9.21
9.56
9.29
3.54
3.18
2.23
0.79
-1.37
0.38
3
4.99
5.55
Return on Capital (%)
14.75
13.78
10.78
10.43
9.36
4.26
4.71
3.41
2.1
1.72
2.05
3.94
5.27
5.48
Return on Common Equity (%)
18.94
16.64
12.17
11.57
9.55
4.39
4.55
2.99
1.11
0.71
0.53
4.07
6.15
7.02

Capital Structure

CNY

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
308
391
434
LT Borrowings
50
96
179
LT Finance Leases
2
25
26
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
335
335
332
Market Capitalization
4,173
4,029
10,703

Working Capital

CNY

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
1,555
1,751
1,858
Cash, Cash Equivalents & STI
557
561
528
Accounts Receivable, Net
458
637
632
Inventories
330
394
479
Total Current Liabilities
649
748
844
Payables & Accruals
- -
- -
- -
ST Debt
308
391
434
Deferred Revenue
- -
- -
- -

Growth Rates

CNY

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
8.03%
3.44%
0.31%
Free Cash Flow
-13.86%
-27.11%
343.86%
Net Income, GAAP
64.34%
135.3%
60.42%
Sales/Revenue/Turnover
10.32%
6.13%
-5.63%
Total Cash Common Dividend
68.91%
40.49%
318.88%

Quarterly Revenue

CNY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
581
651
647
570
2,449
2025
562
601
- -
537
2,311
2026
585
605
- -
- -
- -

Quarterly Earnings Per Share

CNY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.06
0.08
0.06
0.04
0.22
2025
0.06
0.08
- -
0.09
0.34
2026
0.08
0.16
- -
- -
- -

Quarterly Dividends Per Share

CNY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.01
0.04
-0.01
-0.01
0.03
2025
0.01
0.11
- -
- -
0.13
2026
0.01
0.01
- -
- -
- -

Company Description

CEO
Zhi Cong Li
Full Time Employees
1,923
Sector
Process industries
Industry
Containers/Packaging
Address
No. 1948, Taowu Road Suzhou JS China 215236
IPO Date
Dec 22, 2015
Business
Suzhou Hycan Holdings Co., Ltd. engages in the research, development, design, production, and sales of a comprehensive range of packaging products, including metal and plastic packaging solutions. Its core product portfolio encompasses industrial packaging, food packaging, printed sheets, plastic packaging, cylindrical cell cases for new energy applications, and precision structural parts. The company manufactures a variety of packaging items such as chemical tanks, food packaging containers, injection molding packaging, blow molding packaging, cans, containers, buckets, pails, tins, lids, caps, sheets, covers, plates, rings, and bottoms. It offers customized services and one-stop packaging solutions to meet diverse customer requirements. Founded in 1998 and headquartered in Suzhou, China, Suzhou Hycan Holdings operates primarily in China with international export operations spanning approximately 50 countries. Recent major developments include the company's establishment of a new subsidiary with a capital investment of 300 million yuan to expand operational capabilities. In 2024 and 2025, Suzhou Hycan Holdings maintained steady order volumes with a high capacity utilization rate, indicating strong market demand and operational efficiency. The company has continuously strengthened supplier relationships, secured large-scale procurement channels, and expanded product offerings to sustain growth. It has also implemented a share buyback program, repurchasing shares to optimize capital structure. The firm emphasizes innovation through its Hycan Holdings Innovation Center and continues to invest in product and technology development to reinforce its leadership in metal packaging. Suzhou Hycan Holdings is listed on the Shenzhen Stock Exchange under ticker 002787.SZ and stands as a leading player in China’s packaging industry, recognized for its advanced manufacturing capabilities and comprehensive industry chain coverage from mold development to product manufacturing. The company targets industrial, food, and new energy sectors, offering products that ensure protection against contamination and provide durability and visual appeal through printed designs. The strategic focus on expanding production capacity and enhancing supply flexibility supports its competitive positioning domestically and internationally. Suzhou Hycan Holdings continues to win industry recognition and certifications, affirming its commitment to quality, innovation, and sustainable development in the packaging sector.