CompanyGraphHangzhou Huaguang Advanced Technology Co., Ltd.
688379 · SSE · China
cn-huaguang.comFinancials as of FY2025
What stands out
- Earnings significantly exceed cash generation
At a glance
- Depends onMidstream position: 6 outgoing, 4 incoming connections
- FinancialsLow earnings quality
- Interpretations5 currently firing — 5
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Sign inWhat the company actually pays, and whether its own cash supports it.
Dividends view
Yield
0.88%
Annual Rate
CNY 0.47Paid annual
Payout Ratio
28.8%Sustainable
Last Ex-Dividend
Jul 10, 2026
The reported statements, read against the company's own industry.
What stands out
- Earnings significantly exceed cash generation
Financials view
Market Capitalization
5.10BCNY758.47M · vs all stocks (USD)
Trailing P/E
34.90xvs Metal Fabrication peers
Revenue (TTM)
3.05BCNY453.37M · vs all stocks (USD)
Profit Margin
4.25%vs Metal Fabrication peers
Beta
1.00xvs all stocks
52-Week Change
-6.53%vs all stocks
Market Capitalization
5.10BCNY758.47M · vs all stocks (USD)
Enterprise Value
6.00BCNY892.33M · vs all stocks (USD)
Trailing P/E
34.90xvs Metal Fabrication peers
Forward P/E
25.43xvs Metal Fabrication peers
Price to Sales (TTM)
1.61xvs Metal Fabrication peers
Price to Book (MRQ)
3.40xvs Metal Fabrication peers
Enterprise to Revenue
1.97xvs Metal Fabrication peers
Enterprise to EBITDA
27.38xvs Metal Fabrication peers
Gross Margin
12.08%vs Metal Fabrication peers
Profit Margin
4.25%vs Metal Fabrication peers
Operating Margin
5.73%vs Metal Fabrication peers
Return on Assets (TTM)
3.45%vs Metal Fabrication peers
Return on Equity (TTM)
10.39%vs Metal Fabrication peers
Revenue (TTM)
3.05BCNY453.37M · vs all stocks (USD)
Revenue per Share (TTM)
35.32CNYUpdated Aug 21, 2026Quarterly Revenue Growth
84.10%vs Metal Fabrication peers
Gross Profit (TTM)
394.16MCNY58.62M · vs all stocks (USD)
EBITDA (TTM)
205.06MCNY30.49M · vs all stocks (USD)
Net Income (TTM)
129.70MCNY19.29M · vs all stocks (USD)
Quarterly Earnings Growth (YoY)
-61.20%vs Metal Fabrication peers
Operating Cash Flow (TTM)
-543.56MCNY-80.83M · vs all stocks (USD)
Levered Free Cash Flow (TTM)
-577.07MCNY-85.82M · vs all stocks (USD)
Trailing Annual Dividend Rate
0.4700CNYUpdated Aug 21, 2026Trailing Annual Dividend Yield
0.88%vs all stocks
Payout Ratio
28.85%vs Metal Fabrication peers
Revenue
2.56BCNYFY2025 · Dec 31, 2025Cost of Goods Sold
2.23BCNYFY2025 · Dec 31, 2025Gross Profit
330.40MCNYFY2025 · Dec 31, 2025Operating Income
180.51MCNY26.84M · vs all stocks (USD)
Pre-tax Income
207.38MCNYFY2025 · Dec 31, 2025Income Tax Expense
19.30MCNYFY2025 · Dec 31, 2025Net Income
188.08MCNYFY2025 · Dec 31, 2025EBIT
248.22MCNYFY2025 · Dec 31, 2025EBITDA (Income Statement)
217.75MCNYFY2025 · Dec 31, 2025Research & Development
85.30MCNYFY2025 · Dec 31, 2025Selling, General & Administrative
38.21MCNYFY2025 · Dec 31, 2025Other Operating Expenses
4.45MCNYFY2025 · Dec 31, 2025Non-operating Interest Income
2.05MCNYFY2025 · Dec 31, 2025Non-operating Interest Expense
40.84MCNYFY2025 · Dec 31, 2025EPS (Basic)
2.18CNYFY2025 · Dec 31, 2025EPS (Diluted)
2.16CNYFY2025 · Dec 31, 2025Basic Shares Outstanding
86.27MSharesFY2025 · Dec 31, 2025Diluted Shares Outstanding
86.27MSharesFY2025 · Dec 31, 2025Net Income from Continuing Operations
188.08MCNYFY2025 · Dec 31, 2025Preferred Stock Dividends
0.00CNYFY2025 · Dec 31, 2025Operating Cash Flow
-621.62MCNYFY2025 · Dec 31, 2025Free Cash Flow
-714.68MCNYFY2025 · Dec 31, 2025Cash & Cash Equivalents (End of Period)
183.29MCNYFY2025 · Dec 31, 2025Starting Profit (CF Statement)
188.08MCNYFY2025 · Dec 31, 2025Other Non-cash Items
42.49MCNYFY2025 · Dec 31, 2025Change in Accounts Receivable (CF)
-713.83MCNYFY2025 · Dec 31, 2025Change in Other Assets/Liabilities
-138.35MCNYFY2025 · Dec 31, 2025Capital Expenditures
-93.06MCNYFY2025 · Dec 31, 2025Purchase of Investments
-81.00MCNYFY2025 · Dec 31, 2025Sale of Investments
81.08MCNYFY2025 · Dec 31, 2025Other Investing Activity
-128.54KCNYFY2025 · Dec 31, 2025Net Investing Cash Flow
-93.11MCNYFY2025 · Dec 31, 2025Long-term Debt Issuance
1.35BCNYFY2025 · Dec 31, 2025Long-term Debt Payments
-1.15BCNYFY2025 · Dec 31, 2025Common Dividends Paid
-66.98MCNYFY2025 · Dec 31, 2025Other Financing Charges
38.95MCNYFY2025 · Dec 31, 2025Net Financing Cash Flow
173.50MCNYFY2025 · Dec 31, 2025Shares Outstanding
94.98MSharesUpdated Aug 21, 2026Float Shares
51.76MSharesUpdated Aug 21, 2026% Held by Insiders
42.54%vs all stocks
% Held by Institutions
1.51%vs all stocks
Total Cash (MRQ)
488.31MCNY72.62M · vs all stocks (USD)
Total Cash per Share (MRQ)
5.29CNYUpdated Aug 21, 2026Total Debt (MRQ)
1.72BCNY256.08M · vs all stocks (USD)
Total Debt to Equity (MRQ)
1.23xvs Metal Fabrication peers
Current Ratio (MRQ)
1.26xvs Metal Fabrication peers
Book Value per Share (MRQ)
15.21CNYUpdated Aug 21, 2026Total Assets
2.96BCNY440.16M · vs all stocks (USD)
Total Current Assets
2.18BCNYFY2025 · Dec 31, 2025Total Liabilities
1.79BCNYFY2025 · Dec 31, 2025Total Non-current Assets
783.28MCNYFY2025 · Dec 31, 2025Total Non-current Liabilities
134.06MCNYFY2025 · Dec 31, 2025Total Current Liabilities
1.65BCNYFY2025 · Dec 31, 2025Cash
175.70MCNYFY2025 · Dec 31, 2025Cash Equivalents
16.17MCNYFY2025 · Dec 31, 2025Cash & Cash Equivalents
191.87MCNYFY2025 · Dec 31, 2025Accounts Receivable
545.63MCNYFY2025 · Dec 31, 2025Inventory
875.32MCNYFY2025 · Dec 31, 2025Accounts Payable
481.64MCNYFY2025 · Dec 31, 2025Short-term Debt
991.12MCNYFY2025 · Dec 31, 2025Other Current Liabilities
128.32MCNYFY2025 · Dec 31, 2025Long-term Debt
108.99MCNYFY2025 · Dec 31, 2025Common Stock (Book)
90.09MCNYFY2025 · Dec 31, 2025Retained Earnings
633.15MCNYFY2025 · Dec 31, 2025Total Shareholders' Equity
1.17BCNY174.36M · vs all stocks (USD)
Treasury Stock
47.57MCNYFY2025 · Dec 31, 202552-Week Low
40.88CNYUpdated Aug 21, 202652-Week High
97.69CNYUpdated Aug 21, 202652-Week Change
-6.53%vs all stocks
Beta
1.00xvs all stocks
50-Day MA
64.66CNYUpdated Aug 21, 2026200-Day MA
57.88CNYUpdated Aug 21, 2026Avg 10-Day Volume
3.86MSharesUpdated Aug 21, 2026Avg 30-Day Volume
3.62MSharesUpdated Aug 21, 2026Diluted EPS (TTM)
1.48CNYUpdated Aug 21, 20265 interpretations currently present — each is a set of fired observations whose alignment reads as one structural pattern. Click an observation to see the numbers behind it.
Screen for these patternsHow does this company use capital?
Operating Income Growing With Multi-Year Revenue Growth
Revenue up in each of five years, with operating income up in each of four.
Reads
Is this company growing?
Multi-Year Revenue And Profit Growth
Revenue and earnings have both grown steadily across six years.
Reads
Multi-Year Revenue, Profit, And Income Growth
Revenue has risen in each of three years, gross profit in each of four, and it has made a profit in all five.
Reads
Where is this company structurally exposed?
Ulcer Index Elevated, Drawdown From Peak Significant, 20-Week Volatility Elevated
It sits well below its peak, and the fall has been both deep and long.
Partial Recovery After Sharp Decline
A weak, thin-volume bounce inside a decline that is still far from recovered.
An interpretation is present only while every observation it reads stays fired (score ≥ 70). It describes what the aligned readings show — never a verdict, never a prediction.
Shared structure with peers — never a ranking.
Relationships view
Structural observations derived from financial data, industry benchmarks, and supply chain position.
Structural Tensions
Earnings significantly exceed cash generationSignificant
Net Income (USD, TTM): 19,286,996.986Operating Cash Flow (USD, TTM): -80,832,522.077
Financial Health
Low earnings qualitySignificant
Earnings Quality Score: -5.34
Altman Z-Score 3.36: safe zoneNotable
Altman Z-Score: 3.36
Supply Chain
Midstream position: 6 outgoing, 4 incoming connectionsNotable
Outgoing: 6.00Incoming: 4.00
High connectivity hub: 10 industry connectionsNotable
Total Connections: 10.00
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Companies that share active interpretations — structural patterns currently present in both stocks.
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