Hangzhou First Applied Material Co Ltd (603806)

Currency in CNY
11.78
-0.22(-1.83%)
Closed·
Trading near 52-week Low
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Fair Value
Day's Range
11.7712.20
52 wk Range
11.7720.16
Key Statistics
Bid/Ask
11.78 / 11.79
Prev. Close
12
Open
11.85
Day's Range
11.77-12.2
52 wk Range
11.77-20.16
Volume
25.09M
Average Volume (3m)
21.94M
1-Year Change
-24.5356%
Fair Value
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Fair Value Upside
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603806 Scorecardpro icon
Company’s Health
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Fair Value
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Fair Price
Upside
Price Target
18.04
Upside
+53.15%
Members' Sentiments
Bearish
Bullish
ProTips
RSI suggests the stock is in oversold territory
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Technical Analysis

Summary
Strong Sell
Sell
Neutral
Buy
Strong Buy
Strong Sell
Technical Indicators
Strong Sell
Moving Averages
Strong Sell

Analyst Ratings

9 Buy
2 Hold
1 Sell
Ratings:
12 analysts
Overall Consensus
Buy

Analysts 12-Month Price Target:

Average 18.04
(+53.15% Upside)
Firm
ArticlePositionPrice TargetUpside / DownsideFrom Price TargetActionDate
JPMorgan
Hold15.00+27.33%17.00MaintainJul 31, 2026
JPMorgan
Hold17.00+44.31%15.50MaintainMay 18, 2026
Goldman Sachs
Buy21.00+78.27%18.70MaintainMar 25, 2026
JPMorgan
Hold15.50+31.58%13.30MaintainNov 18, 2025

Earnings

Latest Release
Oct 27, 2026
EPS / Forecast
0.11 / 0.18
Revenue / Forecast
3.65B / 3.99B
EPS Revisions
Last 90 days

Dividends

Payout Ratio
Payout ratio (TTM)
Earnings retained
EPS 0.47
Dividend Yield
2.25%
Industry Median 1.36%
Annualized payout
0.27
Paid annually
5-Years Growth
+14.58%
Growth Streak

603806 Income Statement

Compare 603806 to Peers and Sector

Metrics to compare
603806
Peers
Sector
Relationship
P/E Ratio
25.3x47.2x11.5x
PEG Ratio
0.410.950.01
Price/Book
1.8x3.7x2.4x
Price / LTM Sales
2.1x6.0x2.1x
Upside (Analyst Target)
53.1%60.9%42.8%
Fair Value Upside
Unlock10.7%8.6%Unlock

Hangzhou First Applied Material Co., Ltd., together with its subsidiaries, engages in the research and development, production, and sales of new materials in China and internationally. It operates through Photovoltaic Materials, Electronic Materials, Functional Film Materials, and Coating Materials divisions. The company offers photovoltaic encapsulant film, such as EVA film for PV module, POE encapsulant, co-extrusion film, color encapsulant, light conversion film, and special film for busbar-free (0BB) PV module; backsheet for PV module; and isolation strips, reflective gap encapsulant, moisture barrier sealant, structural adhesive, insulating ink, isolating ink, and wet-film photoresist. It also provides dry film photoresist, photoimageable coverlay, and flexible copper clay laminates; and dry lamination process series aluminum plastic film and hot pressing process series aluminum plastic film. In addition, the company offers membrane support fabric comprising reverse osmosis membrane support fabric, ultrafiltration/microfiltration, membrane support fabric, and PV paper; OLED display panel encapsulation ink; and optoelectronic materials. Further, it is involved in solar power generation system, enterprise management consulting, software and information technology, and equity and industrial investment activities. Additionally, the company provides photovoltaic films, photovoltaic backsheets, photosensitive dry films, solar power generation systems, and other products. It also exports its products. The company was formerly known as Hangzhou First PV Material Co., Ltd. and changed its name to Hangzhou First Applied Material Co., Ltd. in March 2017. Hangzhou First Applied Material Co., Ltd. was founded in 2003 and is headquartered in Hangzhou, China.

Industry
Chemicals
Employees
4555
Market
China

Ownership

Ownership Overview

Type
Common Stock Held% of Shares OutstandingMarket Value
Mutual Funds & ETFs
235.21M9.03%2.88B
Other Institutional Investors
1.29B49.47%15.79B
Public Companies & Retail Investors
1.08B41.51%13.25B
Total
2.61B100.00%31.92B

Top Holders

Holder
% of holding
Shares Held
Date Reported
Value (In 1,000s)
Hangzhou First Technology Group Co., Ltd.48.52%1,264,342,71615,488,198
Invesco Great Wall Fund Management Co. Ltd1.33%34,782,537426,086

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FAQ

What Is the First (603806) Stock Price Today?

The First stock price today is 11.78 CNY.

What Stock Exchange Does First Trade On?

First is listed and trades on the Shanghai Stock Exchange.

What Is the Stock Symbol for First?

The stock symbol for First is "603806."

Does First Pay Dividends? What’s The Current Dividend Yield?

The First dividend yield is 2.3%%.

What Is the First Market Cap?

As of today, First market cap is 30.70B CNY.

What Is First's Earnings Per Share (TTM)?

The First EPS (TTM) is 0.47.

When Is the Next First Earnings Date?

First will release its next earnings report on Apr 15, 2027.

From a Technical Analysis Perspective, Is 603806 a Buy or Sell?

Based on moving averages and other technical indicators, the daily buy/sell signal is Strong Sell.

How Many Times Has First Stock Split?

First has split 6 times.

How Many Employees Does First Have?

First has 4555 employees.

What is the current trading status of First (603806)?

As of Oct 30, 2026, First (603806) is trading at a price of 11.78 CNY, with a previous close of 12.00 CNY. The stock has fluctuated within a day range of 11.77 CNY to 12.20 CNY, while its 52-week range spans from 11.77 CNY to 20.16 CNY.

What Is First (603806) Price Target According to Analysts?

The average 12-month price target for First is 18.04 CNY, with a high estimate of 24 CNY and a low estimate of 13 CNY. 9 analysts recommend buying the stock, while 1 suggest selling, leading to an overall rating of Buy. The stock has an +53.15% Upside potential.
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