002430.SHE Hangzhou Hangyang Co Ltd
- Market cap
- CNY 25.4B
- P/E
- 21.8x
- P/B
- 2.43x
- ROE
- 12.6%
- Dividend yield
- 2.26%
- Fundamental score
- -
Ratios use the latest price and the current fiscal year annualized from 3 quarters up to Sep 2026.
Is 002430.SHE undervalued?
Graham number002430.SHE trades 53.6% above its Graham number.
Graham number = √(22.5 × EPS × book value per share): the most a defensive investor should pay according to Benjamin Graham. An estimate, not a recommendation to buy or sell. How is it calculated?
Hangzhou Hangyang Co Ltd fundamental analysis
No fundamental analysis for Hangzhou Hangyang Co Ltd yet.
Hangzhou Hangyang Co Ltd stock price
Prices on the chart can differ slightly from the closing prices StockSummer uses for its ratios.
About Hangzhou Hangyang Co Ltd
Hangzhou Oxygen Plant Group Co., Ltd., together with its subsidiaries, manufactures and sells air separation equipment, cryogenic petrochemical equipment, and various gas products in China and internationally. It operates through three segments: Machinery Manufacturing, Gas Sales, and EPC. The company offers oxygen, nitrogen, argon, neon, helium, krypton, xenon, and carbon dioxide, as well as medical, electronic bulk, electronic specialty, high-purity, standard, and mixed ga…
Full company profileHangzhou Hangyang Co Ltd financial statements
2026 annualized: Fiscal year 2026 is not finished. Income statement and cash flow are annualized from 3 quarters up to Sep 30, 2026, the balance sheet is the latest quarter. Figures change when the annual report is published.
Hangzhou Hangyang Co Ltd annual financial statements (CNY; K = thousand, M = million, B = billion, T = trillion)
| Item | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 Anlz |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Income Statement | |||||||||||
| Revenue | 4.94B | 6.45B | 7.90B | 8.19B | 10.0B | 11.9B | 12.8B | 13.3B | 13.7B | 15.1B | 18.0B |
| Gross Profit | 651M | 1.35B | 1.78B | 1.68B | 2.20B | 2.86B | 3.18B | 3.01B | 2.82B | 3.17B | 3.95B |
| Operating Income | -303M | 529M | 961M | 850M | 1.12B | 1.60B | 1.63B | 1.64B | 1.25B | 1.65B | 2.28B |
| EBITDA | 339M | 1.13B | 1.58B | 1.41B | 1.75B | 2.27B | 2.33B | 2.49B | 2.29B | 2.66B | 2.12B |
| Net Income | -283M | 361M | 741M | 635M | 843M | 1.19B | 1.21B | 1.22B | 922M | 949M | 1.32B |
| EPS | -0.34 | 0.41 | 0.77 | 0.66 | 0.87 | 1.24 | 1.20 | 1.19 | 0.90 | 0.97 | 1.35 |
| Balance Sheet | |||||||||||
| Total Assets | 9.91B | 11.1B | 11.3B | 12.3B | 14.5B | 16.0B | 19.2B | 22.6B | 24.1B | 24.6B | 25.7B |
| Total Liabilities | 6.18B | 6.08B | 5.63B | 6.20B | 7.62B | 8.19B | 10.3B | 12.5B | 13.7B | 13.4B | 13.7B |
| Shareholders' Equity | 3.38B | 4.63B | 5.31B | 5.67B | 6.35B | 7.32B | 8.19B | 8.90B | 9.19B | 9.88B | 10.4B |
| Cash & Short-term Investments | 505M | 1.23B | 1.31B | 1.22B | 1.50B | 1.57B | 3.29B | 3.35B | 2.12B | 2.24B | 2.62B |
| Total Debt | 2.56B | 1.71B | 1.78B | 1.12B | 1.19B | 1.89B | 3.93B | 4.31B | 5.51B | - | - |
| Cash Flow | |||||||||||
| Operating Cash Flow | 424M | 862M | 1.28B | 1.47B | 938M | 1.26B | 1.44B | 2.46B | 2.25B | 2.22B | - |
| Capital Expenditure | 1.11B | 87.0M | 399M | 1.25B | 770M | 1.09B | 2.02B | 3.08B | 2.96B | 1.70B | 1.21B |
| Free Cash Flow | -682M | 764M | 883M | 216M | 168M | 168M | -581M | -618M | -716M | 525M | 1.27B |
| Ratios | |||||||||||
| ROE | -8.4% | 7.8% | 14.0% | 11.2% | 13.3% | 16.3% | 14.8% | 13.7% | 10.0% | 9.6% | 12.6% |
| ROA | -2.9% | 3.3% | 6.5% | 5.2% | 5.8% | 7.4% | 6.3% | 5.4% | 3.8% | 3.9% | 5.1% |
| Net Profit Margin | -5.7% | 5.6% | 9.4% | 7.8% | 8.4% | 10.1% | 9.5% | 9.1% | 6.7% | 6.3% | 7.3% |
| Debt to Equity | 0.76x | 0.37x | 0.33x | 0.20x | 0.19x | 0.26x | 0.48x | 0.48x | 0.60x | - | - |
What these items mean
- Revenue
- Total sales of goods and services in the period.
- Gross Profit
- Revenue minus the direct cost of producing what was sold.
- Operating Income
- Profit from the core business after operating expenses.
- EBITDA
- Earnings before interest, taxes, depreciation and amortization.
- Net Income
- Profit left for shareholders after all expenses, interest and taxes.
- EPS
- Net income divided by shares outstanding.
- Total Assets
- Everything the company owns.
- Total Liabilities
- Everything the company owes.
- Shareholders' Equity
- Assets minus liabilities: the book value that belongs to shareholders.
- Cash & Short-term Investments
- Cash and investments that can be turned into cash quickly.
- Total Debt
- Short and long-term borrowings.
- Operating Cash Flow
- Cash generated by the core business.
- Capital Expenditure
- Cash spent on property, plant and equipment.
- Free Cash Flow
- Operating cash flow minus capital expenditure: cash left for dividends, buybacks or debt repayment.
- ROE
- Return on equity: net income divided by shareholders' equity.
- ROA
- Return on assets: net income divided by total assets.
- Net Profit Margin
- Net income as a share of revenue.
- Debt to Equity
- Total debt divided by shareholders' equity.
Hangzhou Hangyang Co Ltd dividends
- Dividend yield
- 2.26%
- Forward dividend
- 0.50 CNY
- Payout ratio
- 60.4%
- Ex-dividend date
- Sep 30, 2026
| Fiscal year | Dividends paid | Per share | Payout ratio |
|---|---|---|---|
| 2025 | CNY 573M | 0.59 | 60.4% |
| 2024 | CNY 945M | 0.92 | 102.5% |
| 2023 | CNY 1.12B | 1.10 | 92.3% |
| 2022 | CNY 590M | 0.59 | 48.8% |
| 2021 | CNY 241M | 0.25 | 20.2% |
| 2020 | CNY 174M | 0.18 | 20.6% |
| 2019 | CNY 174M | 0.18 | 27.3% |
| 2018 | CNY 181M | 0.19 | 24.4% |
| 2017 | CNY 159M | 0.18 | 43.9% |
From the cash flow statement: dividends paid in the fiscal year, divided by that year's shares outstanding. Payout ratio = dividends paid / net income.
Last stock split: 13.5:10 on May 7, 2012.
Who owns Hangzhou Hangyang Co Ltd
- Insiders 54.17%
- Institutions 14.28%
- Public & others 31.56%
- Shares outstanding 978M
- Free float 397M
Hangzhou Hangyang Co Ltd company profile
- Company name
- Hangzhou Hangyang Co Ltd
- Ticker
- 002430.SHE
- ISIN
- CNE100000Q68
- Exchange
- Shenzhen Stock Exchange
- Listed since
- Jun 10, 2010
- Sector
- Industrials
- Industry
- Machinery
- Employees
- 5,752
- Fiscal year end
- December
- Address
- Hongyuan Building, Hangzhou, China, 310014
- Phone
- 86 571 8586 9000
- Website
- hangyang.com
About Hangzhou Hangyang Co Ltd
Hangzhou Oxygen Plant Group Co., Ltd., together with its subsidiaries, manufactures and sells air separation equipment, cryogenic petrochemical equipment, and various gas products in China and internationally. It operates through three segments: Machinery Manufacturing, Gas Sales, and EPC. The company offers oxygen, nitrogen, argon, neon, helium, krypton, xenon, and carbon dioxide, as well as medical, electronic bulk, electronic specialty, high-purity, standard, and mixed gases. It also provides supporting machine components, including turbo compressors, expanders, adsorbers, plate heat exchangers, and others; and engineering, procurement, and construction services. In addition, the company is involved in hydrogen energy; energy storage; CCUS; nuclear fusion energy; technical services; logistics and transportation; and retail business. It serves metallurgy, chemicals, machinery, semiconductors, aerospace, new energy, new materials, healthcare, food preservation, electronics, nuclear fusion devices, and scientific research industries. The company was founded in 1950 and is headquartered in Hangzhou, China. Hangzhou Oxygen Plant Group Co., Ltd. operates as a subsidiary of Hangzhou Hangyang Holdings Co., Ltd.
Hangzhou Hangyang Co Ltd management
7- Mr. Yisong HanDirector, GM & Chief Engineer · born 1979
- Mr. Qianjin GeDeputy GM, Chief Accountant & Secretary of the Board of Directors · born 1969
- Mr. Zhaoyang MoDeputy General Manager · born 1969
- Mr. Anting HuangDeputy General Manager · born 1972
- Mr. Dingwei WangDeputy General Manager · born 1977
- Mr. Yi JiangDeputy General Manager · born 1971
- Mr. Qilong YangDeputy General Manager · born 1972