301688.SZ
Fallen FavouriteHangzhou Grascent Co., Ltd. · Basic Materials · China · $688M cap · $22.6M/day traded
CNY 34.64 -0.9% · close 12 Nov · scored 13 Nov
Fallen Favourite: A good business, still expensive, and its momentum is weak.
As of 13 Nov 2026, the MoatMap Score for Hangzhou Grascent Co., Ltd. (301688.SZ) is 31/100, ranked against 25,000+ stocks in 38 markets (Quality 68, Value 27, Momentum 26, each scored against its sector).
Does the score work? Each tenth of the ranking, tracked monthly. See the record →
ABOUT HANGZHOU GRASCENT CO., LTD.
Read
Hangzhou Grascent Co., Ltd. manufactures and sells cedarwood oil derivatives, turpentine oil derivatives, and other products in China.
FINANCIAL SUMMARY (CNY)
| Year | 2022 | 2023 | 2024 | 2025 | CAGR | TTM |
|---|---|---|---|---|---|---|
| Revenue | 631.3M | 734.8M | 960.6M | 1.1B | 19.4% | 1.1B |
| EPS (CNY) | 0.29 | 0.40 | 0.64 | 1.79 | 83.6% | 1.70 |
| Shares | 133.3M | 133.3M | 133.3M | 100.0M | -25.0% | 133.3M |
| Debt | 596.7M | 728.0M | 854.3M | 827.0M | 11.5% | 838.8M |
| Equity | 405.1M | 495.0M | 566.1M | 748.7M | 22.7% | — |
| Op CF | 120.5M | 140.5M | 206.1M | 158.5M | 9.6% | 192.1M |
| Inv CF | -262.0M | -248.5M | -196.5M | -86.9M | — | — |
| Fin CF | 134.3M | 99.0M | 12.9M | -58.4M | — | — |
Not enough steady price history for a read yet.
How this is worked out
The Price check reads only the chart, the price side of the Momentum score in words; it is not the MoatMap Score.
- Still falling: It set a new 52-week low in the last two weeks, after a deep fall.
- Finding a floor: It fell hard, but has set no new low for more than two weeks.
- Turning up: It has climbed off its low and is back above a rising 50-day average.
- In an uptrend: It is near its 52-week high and above its 200-day average.
- No clear trend: None of the above: no recent deep fall and no steady climb.
- No read yet (this stock): Not enough price history yet: it needs a year of trading.
In past US falls, waiting for Turning up cut the chance of another 20% drop from 42% to 33%. Returns were no better, and 33% of turns failed.
The exact rules
Still falling is a new 52-week low in the last two weeks, at least 25% below the high, with the low set after the high. Finding a floor is the same fall with no new low in the last two weeks. Turning up is 20 or more trading days without a new low, at least 10% off it, and back above a rising 50-day average. In an uptrend is above the 200-day average, with the 50-day average above the 200-day, and within 15% of the high. No clear trend is everything else. No read yet is under 252 trading days of history, or missing data. A new state shows once it has held for three trading days.
In 2,112 US drawdowns since 2001, buying while the price was still falling was followed by a further 20% drop 42% of the time. Waiting for a turn (the Turning up rule above) cut that to 33%, at about 7% higher prices and with no better returns. Part of that cut is simply not buying: 13% of falls never turned, and waiting kept those out. Among turns that were bought, 38% still fell another 20%, and 33% of turns were followed by a new low within six months. The benefit was largest in crashes such as 2008 and 2020.
Rules fixed before any data was fetched. Describes the chart, not a recommendation.
SCORE BREAKDOWN
FUNDAMENTALS
SECTOR PEERS
Closest peers in Basic Materials, ranked by industry match, size, and score similarity. Cross-listings of 301688.SZ are excluded.
| Ticker | Company | Mkt Cap | Score |
|---|---|---|---|
| 301688.SZ | Hangzhou Grascent Co., Ltd.(you) | $688M | 31 |
| 300727.SZ | Ningbo Runhe High-Tech Materials Co., Ltd. | $682M | 31 |
| 603285.SS | Shandong Jianbang New Material Co., Ltd. | $684M | 31 |
| 301349.SZ | Liaoning Xinde New Material Technology Co., Ltd. | $745M | 31 |
| 301538.SZ | Shenzhen Jdd Tech New Material Co., Ltd | $609M | 31 |
| 300758.SZ | Anshan Hifichem Co., Ltd. | $660M | 33 |
| 001279.SZ | Anhui Strong State New Materials Co., Ltd. | $616M | 32 |
| 002562.SZ | Brother Enterprises Holding Co.,Ltd. | $764M | 35 |
| 000881.SZ | CGN Nuclear Technology Development Co., Ltd. | $901M | 32 |
| 002676.SZ | Guangdong Sunwill Precising Plastic Co.,Ltd | $605M | 28 |
Peer medians: ROE 6.0% · P/E 25.6x · Gross margin 18.0%
Company Deep Dive
A 10,000-word report: the business and its segments, what management promised on earnings calls and whether it delivered, the competition, and how things could turn out.