On October 28, Hanghua Co., Ltd. released its third quarter report for 2024. The report shows that the company's operating income in the first three quarters was 922 million yuan, a year-on-year increase of 7.16%; the net profit attributable to the parent company was 101 million yuan, a year-on-year increase of 22.16%; the net profit after deducting non-ownership was 96.0559 million yuan, a year-on-year increase of 27.18%; basically Earnings per share were 0.24 yuan.
During the reporting period, Hanghua's basic earnings per share was 0.24 yuan, and the weighted average return on net assets was 6.84%.
based on the closing price on October 28, Hanghua shares’ current price-to-earnings ratio (TTM) is approximately 19.42 times, its price-to-book ratio (LF) is approximately 1.91 times, and its price-to-sales ratio (TTM) is approximately 2.19 times.
According to the third quarter report, Hanghua Co., Ltd. achieved total operating income of 333 million yuan in the third quarter, a year-on-year decrease of 2.78%, and a month-on-month increase of 8.85%; net profit attributable to the parent company was 41.3338 million yuan, a year-on-year decrease of 2.68%, and a month-on-month increase of 22.25%; excluding non-net profits 44.7802 million yuan, a year-on-year increase of 13.85% and a month-on-month increase of 41.71%.
In the first three quarters of 2024, the company's gross profit margin was 26.15%, a year-on-year increase of 2.38 percentage points; the net profit margin was 10.95%, an increase of 1.21 percentage points from the same period last year. Judging from single-quarter indicators, the company's gross profit margin in the third quarter of 2024 was 26.33%, a decrease of 0.68 percentage points year-on-year, and a decrease of 0.54 percentage points quarter-on-quarter; the net profit margin was 12.57%, a decrease of 0.30 percentage points from the same period last year, and a decrease of 0.30 percentage points from the previous quarter. increased by 1.66 percentage points.
In the third quarter of 2024, the company's period expenses were 127 million yuan, an increase of 18.691 million yuan from the same period last year; the period expense rate was 13.73%, an increase of 1.19 percentage points from the same period last year. Among them, sales expenses increased by 4.61% year-on-year, administrative expenses increased by 11.09% year-on-year, research and development expenses increased by 31.75% year-on-year, and financial expenses increased by 31.50% year-on-year.
In terms of chip concentration, as of the end of the third quarter of 2024, the total number of shareholders of the company was 8,298.00; the average stock value held by each household was 305,300 yuan.
According to the data, Hanghua Ink Co., Ltd. is located at No. 2, No. 5 Street (South), Baiyang Street, Hangzhou Economic and Technological Development Zone, Zhejiang Province. The date of establishment was December 5, 1988, and the date of listing was December 11, 2020. The company’s main business It involves the R&D, production and sales of energy-saving and environmentally friendly ink products, digital materials and functional materials that are in line with the national environmental protection strategy. The main products include UV ink series products, offset printing ink series products and liquid ink series products. The main business revenue composition of the latest annual report is: UV ink 51.51%, offset ink 27.37%, liquid ink 16.48%, and others 4.64%.
