301688.SZ

Fallen Favourite

Hangzhou 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.

31
Score
Get score and insider alerts
Quality
68
Value
27
Momentum
26

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 →

P/E (TTM)
21.2x
peers 25.6x
ROE
23.9%
peers 6.0%
D/E
1.0x
peers 0.4x
Dividend %
—
trailing yield

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)

Year2022202320242025CAGRTTM
Revenue631.3M734.8M960.6M1.1B19.4%1.1B
EPS (CNY)0.290.400.641.7983.6%1.70
Shares133.3M133.3M133.3M100.0M-25.0%133.3M
Debt596.7M728.0M854.3M827.0M11.5%838.8M
Equity405.1M495.0M566.1M748.7M22.7%—
Op CF120.5M140.5M206.1M158.5M9.6%192.1M
Inv CF-262.0M-248.5M-196.5M-86.9M——
Fin CF134.3M99.0M12.9M-58.4M——
PRICE (1Y) · CNY-14.3%
29.832.535.137.840.424 Sep23 Oct12 Nov

Price checkNo read yetExperimental

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.

Close
CNY 34.64
RSI (14)
50.9

SCORE BREAKDOWN

Quality
68
ROIC
21.0%88.3
ROE
23.9%91.2
GP/Assets
20.3%67.1
Op. Margin
22.4%84.7
FCF/Assets
3.9%68.0
Piotroski
892.4
Int. Cover
4.9x47.8
D/E Ratio
0.99x12.0
Current Ratio
1.27x23.8
Value
27
P/E (TTM)
21.2x39.2
EV/EBITDA
13.6x31.8
P/FCF
65.4x16.4
P/B
4.2x17.3
P/S
4.2x23.0
Div Yield
—N/A
Momentum
26
52W High %
—N/A
RS 6M
—N/A
SMA 50/200
—N/A
EPS Rev 4W
—N/A
EPS Rev 12W
—N/A
EPS Improve
—N/A
Q Growth
4%32.7

FUNDAMENTALS

Market Cap
$688M
P/E (Forward)
—
Gross Margin
31.7%

SECTOR PEERS

Closest peers in Basic Materials, ranked by industry match, size, and score similarity. Cross-listings of 301688.SZ are excluded.

TickerCompanyMkt CapScore
301688.SZHangzhou Grascent Co., Ltd.(you)$688M31
300727.SZNingbo Runhe High-Tech Materials Co., Ltd.$682M31
603285.SSShandong Jianbang New Material Co., Ltd.$684M31
301349.SZLiaoning Xinde New Material Technology Co., Ltd.$745M31
301538.SZShenzhen Jdd Tech New Material Co., Ltd$609M31
300758.SZAnshan Hifichem Co., Ltd.$660M33
001279.SZAnhui Strong State New Materials Co., Ltd.$616M32
002562.SZBrother Enterprises Holding Co.,Ltd.$764M35
000881.SZCGN Nuclear Technology Development Co., Ltd.$901M32
002676.SZGuangdong Sunwill Precising Plastic Co.,Ltd$605M28

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.

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Hangzhou Grascent Co., Ltd. (301688.SZ): Stock Score Summary

Hangzhou Grascent Co., Ltd. (301688.SZ) has a MoatMap Score of 31/100 based on Quality (68/100), Value (27/100), and Momentum (26/100) factor scores.

Hangzhou Grascent Co., Ltd. manufactures and sells cedarwood oil derivatives, turpentine oil derivatives, and other products in China.

Director dealings

From 10 Mar 2026 to 12 Nov 2026, MoatMap's records hold no purchases or sales of Hangzhou Grascent Co., Ltd. (301688.SZ) shares by its directors.

301688.SZ insider filings, last 180 days

Key Financial Metrics

PriceCNY 34.64
Market Cap$688M
P/E (TTM)21.18
Price/Book4.23
Return on Equity23.9%
Return on Invested Capital21.0%
Debt/Equity0.99x
Gross Margin31.7%
Operating Margin22.4%
Revenue Growth11.1%
Free Cash Flow$11M

Hangzhou Grascent Co., Ltd. operates in the Specialty Chemicals industry, part of the Basic Materials sector (China).

Frequently Asked Questions

What is Hangzhou Grascent Co., Ltd.’s (301688.SZ) MoatMap Score?
The MoatMap Score for Hangzhou Grascent Co., Ltd. (301688.SZ) is 31/100. It is a composite of Quality (68), Value (27), and Momentum (26), each scored against its sector. The composite is then ranked across MoatMap’s universe of 25,000+ stocks.
Does Hangzhou Grascent Co., Ltd. have an economic moat?
Hangzhou Grascent Co., Ltd. (301688.SZ) has a Quality factor score of 68/100. Quality blends several measures of profitability and financial strength, led by gross profit to assets, return on invested capital and free cash flow to assets. A high score describes the financial record a durable advantage tends to leave; it does not prove a moat.
What sector is Hangzhou Grascent Co., Ltd. in?
Hangzhou Grascent Co., Ltd. (301688.SZ) operates in the Basic Materials sector, specifically the Specialty Chemicals industry (China).