Hangzhou First Applied Material Co (SHSE:603806) Enterprise Value: ¥34,942 Mil (As of Aug. 23, 2026) ***

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SHSE:603806 Hangzhou First Applied Material Co Ltd SHSE:603806
87 GF Score
Price ¥15.45
GF Value ¥12.30
Valuation Modestly Overvalued
! 5 Warning Signs
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What is Hangzhou First Applied Material Co Enterprise Value?

Hangzhou First Applied Material Co SHSE:603806 -0.90% 87 Enterprise Value is ¥34,942 Mil as of Aug. 23, 2026. GuruFocus rates SHSE:603806 with a GF Score™ of 87/100 and a GF Value™ of ¥12.30 (Modestly Overvalued). The stock has 5 warning signs investors should review.

Think of Enterprise Value as the theoretical takeover price. It is more comprehensive than market capitalization (Market Cap), which only includes common equity. Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash, cash equivalents, and marketable securities.

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Hangzhou First Applied Material Co's Enterprise Value is ¥34,942 Mil. Hangzhou First Applied Material Co's EBIT for the trailing twelve months (TTM) ended in Jun. 2026 was ¥1,368 Mil. Therefore, Hangzhou First Applied Material Co's EV-to-EBIT ratio for today is 25.54.

EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA. As of today, Hangzhou First Applied Material Co's Enterprise Value is ¥34,942 Mil. Hangzhou First Applied Material Co's EBITDA for the trailing twelve months (TTM) ended in Jun. 2026 was ¥1,368 Mil. Therefore, Hangzhou First Applied Material Co's EV-to-EBITDA ratio for today is 25.54.

EV-to-Revenue is calculated as Enterprise Value divided by its Revenue. As of today, Hangzhou First Applied Material Co's Enterprise Value is ¥34,942 Mil. Hangzhou First Applied Material Co's Revenue for the trailing twelve months (TTM) ended in Jun. 2026 was ¥14,520 Mil. Therefore, Hangzhou First Applied Material Co's EV-to-Revenue ratio for today is 2.41.

EV-to-OCF is calculated as Enterprise Value divided by its Cash Flow from Operations. As of today, Hangzhou First Applied Material Co's Enterprise Value is ¥34,942 Mil. Hangzhou First Applied Material Co's Cash Flow from Operations for the trailing twelve months (TTM) ended in Jun. 2026 was ¥3,632 Mil. Therefore, Hangzhou First Applied Material Co's EV-to-OCF ratio for today is 9.62.

EV-to-FCF is calculated as Enterprise Value divided by its Free Cash Flow. As of today, Hangzhou First Applied Material Co's Enterprise Value is ¥34,942 Mil. Hangzhou First Applied Material Co's Free Cash Flow for the trailing twelve months (TTM) ended in Jun. 2026 was ¥3,237 Mil. Therefore, Hangzhou First Applied Material Co's EV-to-FCF ratio for today is 10.79.

*** Please note that the current Enterprise Value is calculated using the current market capitalization and the most recently available financial data. If key financial fields—Long-Term Debt & Capital Lease Obligation and Short-Term Debt & Capital Lease Obligation—are recorded as null in the latest reporting period, our data vendor will default to using data from the prior period with valid entries.


Hangzhou First Applied Material Co  (SHSE:603806) Enterprise Value Explanation

When an investor buy a company, the investor needs to pay not only the common shares, he/she also needs to pay the shareholders of Preferred Stocks. He also assumes the debt of the company, and receives the cash on the company's balance sheet.

If a company has more cash than debt, the investor actually pays less than the Market Cap because he immediately owns the cash once the transaction goes through.

The market value of Preferred Stock needs to be added to the market value of common stocks in the calculation of Enterprise Value.

For the companies with the same Market Cap, the smaller the Enterprise Value is, the cheaper the company is.

Enterprise Value can be negative when the company's net cash is more than its Market Cap. In this case the investor is basically getting the company for free and get paid for that.

1. EV-to-EBIT is calculated as Enterprise Value divided by its EBIT.

Hangzhou First Applied Material Co's EV-to-EBIT for today is

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=34941.651/1368.084
=25.54

Hangzhou First Applied Material Co's current Enterprise Value is ¥34,942 Mil.
Hangzhou First Applied Material Co's EBIT for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was ¥1,368 Mil.

2. EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA.

Hangzhou First Applied Material Co's EV-to-EBITDA for today is:

EV-to-EBITDA=Enterprise Value (Today)/EBITDA(TTM)
=34941.651/1368.084
=25.54

Hangzhou First Applied Material Co's current Enterprise Value is ¥34,942 Mil.
Hangzhou First Applied Material Co's EBITDA for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was ¥1,368 Mil.

3. EV-to-Revenue is calculated as Enterprise Value divided by its Revenue.

Hangzhou First Applied Material Co's EV-to-Revenue for today is:

EV-to-Revenue=Enterprise Value (Today)/Revenue (TTM)
=34941.651/14520.028
=2.41

Hangzhou First Applied Material Co's current Enterprise Value is ¥34,942 Mil.
Hangzhou First Applied Material Co's Revenue for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was ¥14,520 Mil.

4. EV-to-OCF is calculated as Enterprise Value divided by its Cash Flow from Operations.

Hangzhou First Applied Material Co's EV-to-OCF for today is:

EV-to-OCF=Enterprise Value (Today)/Cash Flow from Operations (TTM)
=34941.651/3631.722
=9.62

Hangzhou First Applied Material Co's current Enterprise Value is ¥34,942 Mil.
Hangzhou First Applied Material Co's Cash Flow from Operations for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was ¥3,632 Mil.

5. EV-to-FCF is calculated as Enterprise Value divided by its Free Cash Flow.

Hangzhou First Applied Material Co's EV-to-FCF for today is:

EV-to-FCF=Enterprise Value (Today)/Free Cash Flow (TTM)
=34941.651/3236.936
=10.79

Hangzhou First Applied Material Co's current Enterprise Value is ¥34,942 Mil.
Hangzhou First Applied Material Co's Free Cash Flow for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was ¥3,237 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Hangzhou First Applied Material Co Enterprise Value Related Terms


Hangzhou First Applied Material Co Enterprise Value Historical Data

* Premium members only.

The historical data trend for Hangzhou First Applied Material Co's Enterprise Value can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Hangzhou First Applied Material Co Enterprise Value Chart

Hangzhou First Applied Material Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Enterprise Value
Get a 7-Day Free Trial Premium Member Only Premium Member Only 121,421.98 86,049.64 43,755.93 34,287.77 31,743.35

Hangzhou First Applied Material Co Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Enterprise Value Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 31,167.64 37,650.59 31,743.35 41,376.55 38,437.38

SHSE:603806 vs AMAT, LRCX, KLAC: Enterprise Value Comparison

For the Semiconductor Equipment & Materials subindustry, Hangzhou First Applied Material Co's Enterprise Value, along with its competitors' market caps and Enterprise Value data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Hangzhou First Applied Material Co Enterprise Value vs Semiconductors Industry

For the Semiconductors industry and Technology sector, Hangzhou First Applied Material Co's Enterprise Value distribution charts can be found below:

* The bar in red indicates where Hangzhou First Applied Material Co's Enterprise Value falls into.


SHSE:603806
87GF Score
Hangzhou First Applied Material Co Ltd SHSE:603806
Enterprise Value is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Hangzhou First Applied Material Co Enterprise Value Calculation

Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash, cash equivalents, and marketable securities.

Hangzhou First Applied Material Co's Enterprise Value for the fiscal year that ended in Dec. 2025 is calculated as

Hangzhou First Applied Material Co's Enterprise Value for the quarter that ended in Jun. 2026 is calculated as

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about Enterprise Value →
What does a Enterprise Value of ¥34,942 Mil mean?
Hangzhou First Applied Material Co (SHSE:603806) has a Enterprise Value of ¥34,942 Mil as of Aug. 23, 2026. Enterprise value equals the sum of market cap, debt and preferred shares less cash and equivalents. View historical data on Hangzhou First Applied Material Co and its competitors.
Is Hangzhou First Applied Material Co's Enterprise Value too high?
Hangzhou First Applied Material Co's current Enterprise Value is ¥34,942 Mil. Overall, Hangzhou First Applied Material Co has a GF Score™ of 87/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Hangzhou First Applied Material Co's Enterprise Value compare to AMAT and LRCX?
Hangzhou First Applied Material Co's Enterprise Value of ¥34,942 Mil can be compared against companies in the Semiconductors industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Enterprise Value for a Semiconductors company?
A good Enterprise Value depends on the Semiconductors industry context. However, Enterprise Value should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Enterprise Value mean?
A high Enterprise Value can signal that a stock is expensive relative to its fundamentals. Enterprise value equals the sum of market cap, debt and preferred shares less cash and equivalents. View historical data on Hangzhou First Applied Material Co and its competitors. Hangzhou First Applied Material Co's current Enterprise Value is ¥34,942 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hangzhou First Applied Material Co stock overvalued right now?
Based on GuruFocus' analysis, Hangzhou First Applied Material Co (SHSE:603806) is currently considered Modestly Overvalued. The stock's GF Value™ is ¥12.30, compared to a current price of ¥15.45 — trading 25.6% above its estimated fair value. The current Enterprise Value is ¥34,942 Mil. Hangzhou First Applied Material Co's overall GF Score™ is 87/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Enterprise Value calculated?
Enterprise Value is calculated from a company's financial statements. For Hangzhou First Applied Material Co (SHSE:603806), the current Enterprise Value is ¥34,942 Mil as of Aug. 23, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Hangzhou First Applied Material Co (SHSE:603806) Overvalued in 2026?

Based on GuruFocus' analysis, Hangzhou First Applied Material Co stock appears to be overvalued. The current stock price of ¥15.45 is trading 25.6% above its estimated GF Value™ of ¥12.30. GuruFocus considers Hangzhou First Applied Material Co to be Modestly Overvalued.

Key valuation signals for SHSE:603806:

  • Enterprise Value: ¥34,942 Mil
  • GF Value™: ¥12.30 vs. price of ¥15.45 (25.6% above fair value)
  • GF Score™: 87/100 with 5 warning signs

No single metric tells the full story. See the SHSE:603806 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Hangzhou First Applied Material Co Business Description

Address No. 8, Foster Street, Jinbei Street, Lin\'an District, Zhejiang Province, Hangzhou, CHN, 311300
Hangzhou First Applied Material Co Ltd is a China-based company engaged in the production of solar cell adhesive film, solar cell backplane, photosensitive dry film, flexible copper clad laminate, silicone material, hot melt adhesive film (hot melt adhesive), hot melt web film (double-sided adhesive), clothing accessories (lining cloth); sales of solar cell modules, cells, polysilicon, polymer materials, and chemical raw materials and products.
87GF Score

Get the complete analysis for SHSE:603806

Enterprise Value is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

¥15.45
Price
¥12.30
GF Value