HANGZHOU FIRST PV MATERIAL (603806) Stock Price, Fundamentals & Analysis

What 603806 does

Hangzhou First PV Material (603806) is a Technology sector company listed on the Shanghai Stock Exchange stocks. It operates in the Semiconductor Equipment & Materials industry and is headquartered in Hangzhou, China, with 4,555 employees. The company researches, produces, and sells new materials through divisions covering Photovoltaic Materials, Electronic Materials, Functional Film Materials, and Coating Materials. Its products include photovoltaic encapsulant films such as EVA and POE for PV modules, backsheets, isolation strips, and special films for busbar-free (0BB) PV modules, as well as dry film photoresist, photoimageable coverlay, aluminum plastic films, membrane support fabrics, and OLED display panel encapsulation ink.

Key numbers explained

• The current price is 13.9 CNY, down 2.8% today, with a 52-week range of 12.97 – 20.16.
• The trailing P/E ratio of 33.1 shows how much investors pay per unit of recent earnings; the forward P/E ratio of 15.7 reflects expectations for future earnings.
• Earnings per share over the trailing 12 months is 0.42 CNY, while the dividend yield stands at 1.08%, with an ex-dividend date of 27 mai 2026 and 36% of earnings paid out as dividends.
• The beta of 0.85 suggests the stock has historically been less volatile than the overall market.
• Revenue for the trailing 12 months is 14.52 mld. CNY, with a year-over-year growth of -16.6%, while the profit margin is 7.7% and the operating margin is 14.8%.
• The debt-to-equity ratio of 16.9% indicates a relatively low level of debt compared to equity.

What to watch

Investors tracking Hangzhou First PV Material often look at the broader Semiconductor Equipment & Materials landscape, where peers such as China Resources Microelectronics (688396) and Semiconductor Manufacturing International Corporation (688981) operate. The company’s exposure to photovoltaic materials ties it to solar industry cycles, while its electronic materials business links it to demand for components used in devices and infrastructure. General factors to monitor include raw material costs, technology adoption rates in encapsulant films and photoresists, and macroeconomic conditions that affect manufacturing investment in China.