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Shanghai Conant Optical Co. Ltd. Class H (HK:2276)
:2276
Hong Kong Market

Shanghai Conant Optical Co. Ltd. Class H (2276) AI Stock Analysis

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HK

Shanghai Conant Optical Co. Ltd. Class H

(2276)

Rating:68Neutral
Price Target:
HK$38.00
▲(3.26%Upside)
The overall stock score is primarily driven by strong financial performance, showcasing robust revenue and profit growth with a stable balance sheet. However, the valuation suggests that the stock is relatively expensive, and technical indicators indicate a potential overbought condition. These factors contribute to a moderate overall score.

Shanghai Conant Optical Co. Ltd. Class H (2276) vs. iShares MSCI Hong Kong ETF (EWH)

Shanghai Conant Optical Co. Ltd. Class H Business Overview & Revenue Model

Company DescriptionShanghai Conant Optical Co. Ltd. Class H (2276) is a prominent company in the optical industry, primarily engaged in the research, development, production, and sale of a wide range of optical lenses. The company's product portfolio includes high-quality lenses for prescription glasses, contact lenses, and various other optical products, catering to both domestic and international markets. It is known for its advanced manufacturing processes and commitment to innovation, which have established it as a key player in the optical sector.
How the Company Makes MoneyShanghai Conant Optical Co. Ltd. generates revenue through the sale of its diverse range of optical lenses and related products. The company's primary revenue streams include wholesale distribution to optical retailers, partnerships with eyewear brands for the supply of lenses, and direct sales to consumers. By leveraging advanced manufacturing technologies and maintaining high standards of quality, the company secures long-term contracts and partnerships, contributing significantly to its earnings. Additionally, Conant Optical may engage in licensing agreements for its proprietary lens technologies, further diversifying its revenue base.

Shanghai Conant Optical Co. Ltd. Class H Financial Statement Overview

Summary
Shanghai Conant Optical Co. Ltd. Class H demonstrates strong financial performance with impressive revenue and profit growth. The company maintains a stable balance sheet with low leverage, supported by efficient cash flow management. Despite some fluctuations in free cash flow growth, the company is well-positioned for future growth and financial stability.
Income Statement
85
Very Positive
The company has demonstrated strong growth in revenue, with a consistent increase over the past five years. The gross profit margin has been stable, reflecting effective cost management. The net profit margin has also improved, indicating enhanced profitability. The EBIT and EBITDA margins are healthy, showcasing operational efficiency. Overall, the company exhibits robust revenue and profit growth.
Balance Sheet
80
Positive
The balance sheet reveals a solid equity position with a favorable equity ratio. The debt-to-equity ratio is low, indicating prudent financial leverage. The return on equity has shown improvement, aligning with increased profitability. The company’s assets are well utilized, contributing to financial stability.
Cash Flow
78
Positive
The cash flow statement reflects a strong operating cash flow, which consistently exceeds net income, indicating high-quality earnings. However, there is a decline in free cash flow growth, requiring attention. The company maintains a healthy free cash flow to net income ratio, supporting financial flexibility.
BreakdownDec 2024Dec 2023Dec 2022Dec 2021Dec 2020
Income Statement
Total Revenue2.06B1.76B1.56B1.36B1.09B
Gross Profit795.10M658.13M537.87M460.16M382.05M
EBITDA582.02M465.77M354.97M296.89M248.04M
Net Income428.28M327.02M248.57M183.52M128.46M
Balance Sheet
Total Assets2.39B1.98B1.79B1.81B1.44B
Cash, Cash Equivalents and Short-Term Investments648.52M551.52M452.14M735.34M201.85M
Total Debt317.54M214.95M355.08M599.23M675.60M
Total Liabilities803.23M589.41M643.02M873.95M939.67M
Stockholders Equity1.59B1.39B1.15B937.40M504.53M
Cash Flow
Free Cash Flow252.62M348.50M65.59M20.52M192.17M
Operating Cash Flow477.81M480.68M185.12M58.28M243.09M
Investing Cash Flow-152.13M-273.24M-158.76M140.44M4.70M
Financing Cash Flow-157.07M-212.35M-281.00M189.27M-108.05M

Shanghai Conant Optical Co. Ltd. Class H Technical Analysis

Technical Analysis Sentiment
Positive
Last Price36.80
Price Trends
50DMA
30.47
Positive
100DMA
28.57
Positive
200DMA
22.94
Positive
Market Momentum
MACD
1.72
Positive
RSI
63.06
Neutral
STOCH
75.14
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For HK:2276, the sentiment is Positive. The current price of 36.8 is above the 20-day moving average (MA) of 35.99, above the 50-day MA of 30.47, and above the 200-day MA of 22.94, indicating a bullish trend. The MACD of 1.72 indicates Positive momentum. The RSI at 63.06 is Neutral, neither overbought nor oversold. The STOCH value of 75.14 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for HK:2276.

Shanghai Conant Optical Co. Ltd. Class H Peers Comparison

Overall Rating
UnderperformOutperform
Sector (60)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
74
Outperform
€4.04B9.9815.04%4.27%6.05%1.32%
68
Neutral
HK$17.83B33.3528.81%0.95%14.99%31.70%
60
Neutral
HK$15.58B5.65-7.43%4.32%11.60%-21.06%
42
Neutral
€78.56M-274.02%
* Healthcare Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
HK:2276
Shanghai Conant Optical Co. Ltd. Class H
37.15
25.50
218.88%
HK:3600
Modern Dental Group Limited
4.32
0.42
10.77%
HK:0907
Elegance Optical International Holdings Limited
0.09
<0.01
8.24%

Shanghai Conant Optical Co. Ltd. Class H Corporate Events

Shanghai Conant Optical Announces Board Committee Changes
Jul 3, 2025

Shanghai Conant Optical Co., Ltd. announced changes in the composition of its Nomination and Remuneration Committees, effective from July 3, 2025. Dr. Wu Ying has moved from the Remuneration Committee to the Nomination Committee, while Mr. Chen Yi has taken over as chairman of the Remuneration Committee. These changes are in response to amendments in the Hong Kong Stock Exchange’s Listing Rules and aim to enhance corporate governance practices, balance responsibilities, and strengthen committee effectiveness.

Shanghai Conant Optical Announces US$45 Million Financial Product Subscription
Jun 25, 2025

Shanghai Conant Optical Co., Ltd. announced a discloseable transaction involving the subscription of financial products totaling US$45 million, split between Huatai International Financial Product and Citigroup Financial Product. This strategic financial move is subject to notification and announcement requirements under the Hong Kong Listing Rules, indicating a significant investment decision that could impact the company’s financial positioning and stakeholder interests.

Shanghai Conant Optical Declares Final Dividend for 2024
Jun 13, 2025

Shanghai Conant Optical Co., Ltd. has announced a final cash dividend of RMB 0.16 per share for the year ending December 31, 2024, with the payment to be made in Hong Kong dollars at an exchange rate of RMB 1 to HKD 1.0922. The dividend will be distributed to shareholders on August 11, 2025, with specific withholding tax rates applied to non-resident enterprises and individuals, potentially impacting the net dividend received by international stakeholders.

Shanghai Conant Optical Approves Key Resolutions at AGM
Jun 12, 2025

Shanghai Conant Optical Co., Ltd. held its Annual General Meeting (AGM) on June 12, 2025, where all proposed resolutions were passed by shareholders. The meeting, compliant with PRC laws and regulations, saw a 6.93% shareholder turnout, and resolutions including the approval of the annual report, board report, supervisory committee report, and consolidated financial statements for the year ended December 31, 2024, were overwhelmingly supported.

Shanghai Conant Optical Declares Final Dividend for 2024
Jun 12, 2025

Shanghai Conant Optical Co., Ltd. has announced a final cash dividend of RMB 0.16 per share for the financial year ending December 31, 2024, with the payment to be made in Hong Kong dollars at an exchange rate of RMB 1 to HKD 1.0922. The dividend distribution reflects the company’s financial health and commitment to returning value to its shareholders, with specific withholding tax rates applied based on the residency status of the shareholders, impacting non-resident enterprises and individuals differently.

Shanghai Conant Optical Expands Global Production with New Japanese Facility
May 5, 2025

Shanghai Conant Optical Co., Ltd. announced plans to invest approximately $4 million in a new automated RX resin lens production line in Japan through its subsidiary, Asahi Lite Optical Co., Ltd. This strategic move aims to strengthen the company’s supply chain resilience, particularly in the U.S. market, and enhance responsiveness in the Asia Pacific region. The initiative is expected to increase production capacity by 20% and reduce overall production costs by synergizing with existing bases in China. This investment marks a significant step in the company’s global manufacturing strategy, reinforcing its position in the high-end optical resin lens market.

Shanghai Conant Optical Announces AGM and Share Issuance Mandate
Apr 28, 2025

Shanghai Conant Optical Co., Ltd. has announced its annual general meeting (AGM) scheduled for June 12, 2025, where shareholders will consider and approve various resolutions including the annual report, financial statements, and the re-appointment of Deloitte Touche Tohmatsu as the company’s auditor. Additionally, a special resolution will be discussed to grant the board a general mandate to issue new shares, potentially impacting the company’s capital structure and market positioning.

Shanghai Conant Optical Mitigates Impact of U.S. Tariff Adjustments
Apr 7, 2025

Shanghai Conant Optical Co., Ltd. announced that the recent U.S. tariff adjustments will have a limited impact on its business due to the low price sensitivity in the U.S. market and the stable demand for resin lenses as medical devices. The company has a robust supply chain with production bases in China and Japan, ensuring stable supply and cost efficiency. Despite the tariff changes, the company expects the overall revenue impact to be minimal, with high growth in markets outside the U.S. effectively hedging risks.

Shanghai Conant Optical Clarifies Share Unit Pricing and Revamps Award Scheme
Apr 6, 2025

Shanghai Conant Optical Co., Ltd. announced a correction regarding the proposed purchase price of its restricted share units, clarifying it should be HK$4.58 per share instead of the previously misstated HK$26.05. The company has also decided to cancel previously granted share awards to reorganize the list of awardees and improve employee motivation. A new grant and vesting proposal has been introduced, which includes a structured vesting schedule to enhance the motivational impact on employees.

Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

Disclaimer

This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.Date of analysis: Jun 05, 2025