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Lee & Man Chemical Co. Ltd. (0746) AI Stock Analysis
Lee & Man Chemical Co. Ltd.
(HKEX:0746)
The overall score reflects strong financial resilience and a conservative balance sheet as the primary strength, supported by attractive valuation with a low P/E and high dividend yield, while a weak technical setup with the price trading below key moving averages and subdued momentum limits the rating and highlights near-term market risk.
Lee & Man Chemical Co. Ltd. (0746) vs. iShares MSCI Hong Kong ETF (EWH)
- Market Cap
- HKD 3.61B
- Dividend Yield
- 7.99%
- Average Volume (3M)
- 276.31K
- Price to Earnings (P/E)
- 6.3
- Beta (1Y)
- 0.67
- Revenue Growth
- 2.52%
- EPS Growth
- 2.16%
- Country
- Hong Kong
- Employees
- 1,864
- Sector
- Basic Materials
- Sector Strength
- 61
- Industry
- Chemicals
Lee & Man Chemical Co. Ltd. Business Overview & Revenue Model
Company Description
Operating as an investment holding entity, Lee & Man Chemical Company Limited is primarily engaged in the production and distribution of various chemical goods across the People's Republic of China. Its business operations are segmented into two core...
How the Company Makes Money
The company primarily makes money by manufacturing chemical products and selling them to industrial customers, with revenue largely derived from (1) sales of chlor-alkali products (notably caustic soda and other related outputs) and (2) sales of othe...
Lee & Man Chemical Co. Ltd. Financial Statement Overview
Summary
Solid financial profile with structurally high margins, a very robust and deleveraged balance sheet, and consistently positive operating and free cash flow, tempered by notable revenue and cash flow cyclicality and lower returns on equity versus the 2021–2022 peak period.
Income Statement
78PositiveBalance Sheet
82Very PositiveCash Flow
80Positive| Breakdown | TTM | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 3.99B | 3.75B | 3.95B | 4.05B | 5.87B | 5.19B |
| Gross Profit | 1.37B | 1.29B | 1.16B | 1.06B | 2.12B | 2.34B |
| EBITDA | 826.48M | 759.87M | 693.50M | 597.02M | 1.51B | 1.72B |
| Net Income | 581.12M | 558.26M | 482.28M | 400.67M | 1.16B | 1.29B |
Balance Sheet | ||||||
| Total Assets | 8.51B | 7.72B | 7.20B | 7.03B | 7.08B | 7.62B |
| Cash, Cash Equivalents and Short-Term Investments | 180.90M | 162.83M | 290.66M | 263.67M | 421.70M | 324.88M |
| Total Debt | 970.71M | 787.17M | 653.06M | 678.91M | 746.46M | 1.04B |
| Total Liabilities | 1.59B | 1.39B | 1.26B | 1.23B | 1.44B | 2.04B |
| Stockholders Equity | 6.91B | 6.33B | 5.94B | 5.80B | 5.63B | 5.57B |
Cash Flow | ||||||
| Free Cash Flow | 152.12M | 478.88M | 282.02M | 142.21M | 955.86M | 762.12M |
| Operating Cash Flow | 747.34M | 991.32M | 1.06B | 756.45M | 1.57B | 1.43B |
| Investing Cash Flow | -449.04M | -443.53M | -826.47M | -613.69M | -610.62M | -636.18M |
| Financing Cash Flow | -243.68M | -611.88M | -265.43M | -298.37M | -840.28M | -919.87M |
Lee & Man Chemical Co. Ltd. Technical Analysis
Price Trends
Market Momentum
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For HK:0746, the sentiment is Positive. The current price of 4.38 is above the 20-day moving average (MA) of 4.38, below the 50-day MA of 4.40, and below the 200-day MA of 4.68, indicating a neutral trend. The MACD of -0.03 indicates Positive momentum. The RSI at 50.59 is Neutral, neither overbought nor oversold. The STOCH value of 51.68 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for HK:0746.
Lee & Man Chemical Co. Ltd. Peers Comparison
Overall Rating
HK:074676.6Outperform
HK:018973Outperform
HK:170270Outperform
HK:219859Neutral
HK:060953Neutral
HK:082739Underperform
Financial Indicators
| Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
| 77Outperform | HKD 3.56B | 6.26 | 8.77% | 7.99% | 2.52% | 2.16% | |
| 73Outperform | HKD 16.00B | 7.63 | 12.67% | 3.03% | 7.79% | 48.48% | |
| 70Outperform | HKD 1.06B | 4.98 | 9.19% | 2.35% | 3.26% | 181.56% | |
| Sector * | 61Neutral | $10.43B | 7.12 | -0.05% | 2.87% | 2.86% | -36.73% |
| 59Neutral | HKD 4.12B | 4.52 | 13.63% | 4.32% | 0.90% | 16.54% | |
| 53Neutral | HKD 860.85M | 14.61 | 2.08% | 3.05% | 16.60% | -12.13% | |
| 39Underperform | HKD 217.87M | -0.25 | 214.56% | ― | 1.56% | -21.85% |
* Basic Materials Sector Average
Performance Comparison
| Show on chart | Ticker | Company Name | Price | Change | % Change |
|---|---|---|---|---|---|
| HK:0746 | Lee & Man Chemical Co. Ltd. | 4.38 | -0.23 | -4.95% | |
| HK:0827 | Ko Yo Chemical (Group) Limited | 0.03 | 0.01 | 18.52% | |
| HK:0609 | Tiande Chemical Holdings Limited | 0.98 | -0.37 | -27.57% | |
| HK:1702 | Dongguang Chemical Ltd. | 1.70 | -0.21 | -10.99% | |
| HK:0189 | Dongyue Group Limited | 9.89 | 0.42 | 4.45% | |
| HK:2198 | China Sanjiang Fine Chemicals Co., Ltd. | 3.47 | 1.19 | 52.06% |
Lee & Man Chemical Co. Ltd. Corporate Events
Lee & Man Chemical Sets 2026 Deadline for Unclaimed Dividends
Lee & Man Chemical has announced that unclaimed dividends from its 2019 final dividend and 2020 interim dividend will be forfeited and revert to the company if they remain unclaimed by 5 September 2026, in line with its Articles of Association. S...
Lee & Man Chemical lifts interim dividend as profit rises on advanced materials demand
Lee & Man Chemical reported a 12.2% year-on-year increase in revenue to HK$2,168 million for the six months ended 30 June 2026, with profit up 7.0% to HK$349 million, supported by stronger volumes and higher selling prices in advanced material ch...
Lee & Man Chemical Declares Interim Cash Dividend for 2026
Lee & Man Chemical Company Limited, listed in Hong Kong under stock code 00746, operates in the chemicals and industrial materials sector and is overseen by a board that includes executive, non-executive and independent non-executive directors. I...
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: Aug 06, 2026