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Pu'er Lancang Ancient Tea Co., Ltd.
(6911)
Pu'er Lancang Ancient Tea Co., Ltd. (6911) vs. iShares MSCI Hong Kong ETF (EWH)
Pu'er Lancang Ancient Tea Co., Ltd. Business Overview & Revenue Model
Pu'er Lancang Ancient Tea Co., Ltd. Financial Statement Overview
| Breakdown | TTM | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 285.71M | 361.33M | 527.35M | 462.87M | 558.68M | 405.46M |
| Gross Profit | 125.02M | 188.01M | 353.12M | 304.38M | 407.65M | 299.86M |
| EBITDA | -90.80M | -219.39M | 168.42M | 114.01M | 191.98M | 169.81M |
| Net Income | -341.58M | -307.55M | 80.08M | 72.20M | 131.01M | 122.88M |
Balance Sheet | ||||||
| Total Assets | 1.25B | 1.34B | 1.63B | 1.58B | 1.46B | 1.07B |
| Cash, Cash Equivalents and Short-Term Investments | 66.98M | 109.80M | 262.31M | 101.08M | 141.55M | 206.20M |
| Total Debt | 462.85M | 436.34M | 385.26M | 380.41M | 283.44M | 177.21M |
| Total Liabilities | 607.97M | 668.95M | 617.67M | 686.70M | 534.71M | 375.29M |
| Stockholders Equity | 642.69M | 671.87M | 1.01B | 794.24M | 915.07M | 586.19M |
Cash Flow | ||||||
| Free Cash Flow | -127.50M | -163.82M | 6.12M | -27.14M | -60.90M | 81.68M |
| Operating Cash Flow | -94.75M | -107.54M | 21.72M | 46.09M | -10.83M | 105.55M |
| Investing Cash Flow | -45.67M | -98.64M | -14.24M | -76.82M | -56.19M | -20.95M |
| Financing Cash Flow | 39.54M | 9.24M | 164.81M | -14.34M | 32.81M | -59.38M |
Pu'er Lancang Ancient Tea Co., Ltd. Technical Analysis
Pu'er Lancang Ancient Tea Co., Ltd. Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
62 Neutral | $20.33B | 14.63 | -3.31% | 3.23% | 1.93% | -12.26% | |
51 Neutral | HK$56.49M | -0.27 | -30.07% | ― | -3.16% | 33.72% | |
48 Neutral | HK$61.30M | -3.23 | -7.84% | ― | -15.08% | 12.98% | |
45 Neutral | HK$137.64M | -0.87 | -42.06% | 10.64% | -41.81% | -645.06% | |
45 Neutral | HK$25.63M | -0.99 | -19.29% | ― | -55.40% | 14.13% |
Pu'er Lancang Ancient Tea Co., Ltd. Corporate Events
Pu’er Lancang Ancient Tea Co., Ltd. has issued a supplemental announcement to its 2024 annual report disclosing significant impairment losses on property, plant and equipment, right-of-use assets and trade receivables, following a marked deterioration in operating performance and a reported operating loss for the first nine months of 2024. Management identified impairment indicators in late 2024, engaged an independent valuer to perform value-in-use assessments of cash-generating units, and consequently recognised substantial write-downs, including RMB94.7 million on property, plant and equipment, RMB91.6 million on right-of-use assets, and a specific RMB3.1 million impairment tied to the early return of a low-utilisation leased office in Guangzhou, a move expected to reduce annual rental expenses by about RMB3.3 million and streamline office usage. In addition, the company reaffirmed its approach to provisioning for expected credit losses on trade receivables, signalling a tightening of risk management around asset quality and reflecting efforts to align its balance sheet more closely with current operating conditions and future cash flow expectations.
The most recent analyst rating on (HK:6911) stock is a Hold with a HK$3.00 price target. To see the full list of analyst forecasts on Pu’er Lancang Ancient Tea Co., Ltd. stock, see the HK:6911 Stock Forecast page.
Pu’er Lancang Ancient Tea Co., Ltd. announced that shareholders at its fourth extraordinary general meeting of 2025, held on 30 December in Yunnan, approved all proposed ordinary resolutions by poll, with approximately 47.57% of the company’s issued share capital represented. Investors voted overwhelmingly in favor of adopting China Accounting Standards for Business Enterprises for the preparation of financial reports and appointing Da Hua Certified Public Accountants (Special General Partnership) as the company’s auditors until the next annual general meeting, reinforcing the company’s alignment with PRC accounting norms and formalizing its external audit oversight. All directors attended the meeting, no shareholders were required to abstain from voting or voted against the resolutions, and the poll was independently scrutinized, underscoring procedural compliance and governance stability for stakeholders.
The most recent analyst rating on (HK:6911) stock is a Hold with a HK$3.00 price target. To see the full list of analyst forecasts on Pu’er Lancang Ancient Tea Co., Ltd. stock, see the HK:6911 Stock Forecast page.
Pu’er Lancang Ancient Tea Co., Ltd. has proposed amendments to its Articles of Association to bring its corporate governance framework in line with the newly amended PRC Company Law, the 2025 Guidelines for the Articles of Association of Listed Companies issued by the China Securities Regulatory Commission, and recent changes to the Hong Kong listing rules. Key changes include abolishing the supervisory committee, updating relevant provisions under the latest regulatory guidelines, and formally enabling hybrid general meetings and electronic voting to enhance shareholder participation and governance efficiency. The company will also revise the rules of procedure for shareholders’ general meetings and for the board of directors to align with these constitutional changes and applicable regulations in its listing jurisdiction, with all proposals subject to shareholder approval by special resolution at an upcoming general meeting.
The most recent analyst rating on (HK:6911) stock is a Hold with a HK$3.00 price target. To see the full list of analyst forecasts on Pu’er Lancang Ancient Tea Co., Ltd. stock, see the HK:6911 Stock Forecast page.
Pu’er Lancang Ancient Tea Co., Ltd. has implemented a strategic reorganization of its business segments, relocating primary Pu’er tea storage from Foshan, Guangdong back to Pu’er, Yunnan to capitalize on better storage conditions and lower warehouse rents, a move expected to cut annual rental expenses by about RMB4.3 million. As part of this reshuffle, the distribution business has been reassigned to Pu’er Lancang Ancient Tea Renhe Co., Ltd., while the e-commerce and direct sales segments have been transferred to dedicated entities in Guangzhou and Shenzhen to support growth in the Greater Bay Area, with the company stating that these changes have not materially affected normal operations despite ongoing litigation and related freezing of certain bank accounts stemming from a failed 2024 product cooperation involving a Guangzhou subsidiary.
The most recent analyst rating on (HK:6911) stock is a Hold with a HK$3.00 price target. To see the full list of analyst forecasts on Pu’er Lancang Ancient Tea Co., Ltd. stock, see the HK:6911 Stock Forecast page.
Pu’er Lancang Ancient Tea Co., Ltd. has announced the convening of its fourth extraordinary general meeting on December 30, 2025. Key resolutions include adopting China Accounting Standards for Business Enterprises for financial reporting and appointing Da Hua Certified Public Accountants as the company’s auditors. These decisions are expected to enhance the company’s financial transparency and compliance, potentially strengthening its market position and stakeholder confidence.
The most recent analyst rating on (HK:6911) stock is a Hold with a HK$3.00 price target. To see the full list of analyst forecasts on Pu’er Lancang Ancient Tea Co., Ltd. stock, see the HK:6911 Stock Forecast page.
Pu’er Lancang Ancient Tea Co., Ltd. has announced its intention to adopt China Accounting Standards for Business Enterprises for preparing its financial reports starting from the year ending December 31, 2025. This move is aimed at improving operational efficiency and is not expected to materially affect the company’s financial position or operations. Additionally, the company has proposed a change of auditors from SHINEWING (HK) CPA Limited to Da Hua Certified Public Accountants, citing cost-effectiveness and audit quality as key reasons for the change. The proposed changes are subject to shareholder approval at the upcoming extraordinary general meeting.
The most recent analyst rating on (HK:6911) stock is a Hold with a HK$3.00 price target. To see the full list of analyst forecasts on Pu’er Lancang Ancient Tea Co., Ltd. stock, see the HK:6911 Stock Forecast page.
Pu’er Lancang Ancient Tea Co., Ltd. has announced significant changes in its executive team, with the resignation of Ms. He Yunhong and Ms. Wong Yuen Ki from their roles as joint company secretaries and authorized representatives, effective November 13, 2025. Ms. Ko Pui Yu has been appointed as the new company secretary, bringing over 10 years of experience in company secretarial and compliance services. Additionally, Mr. Wan Feng has been appointed as the board secretary, replacing Mr. Zhou Xinzhong. These changes are expected to strengthen the company’s governance and compliance framework.
The most recent analyst rating on (HK:6911) stock is a Hold with a HK$3.00 price target. To see the full list of analyst forecasts on Pu’er Lancang Ancient Tea Co., Ltd. stock, see the HK:6911 Stock Forecast page.