Want to see HK:2276 full AI Analyst Report?
Top Page
Shanghai Conant Optical Co. Ltd. Class H
(2276)
Select Model
Select Model
Rating:73Outperform
Price Target:
HK$50.00
â–¼(-7.58% Downside)
Action:Upgraded
Date:08/26/26
The score is driven primarily by strong financial quality (expanded margins and much lower leverage). Technicals are constructive but look stretched (RSI/Stoch elevated), while valuation is a key constraint (P/E 28.81 with a sub-1% dividend yield).
Positive Factors
Margin Expansion
Sustained gross- and net-margin expansion indicates stronger pricing power and operating leverage. If maintained, these improvements can support durable earnings growth and provide resilience against moderate cost pressure across the operating cycle.
Negative Factors
Revenue Contraction
The latest revenue decline interrupts the company’s previous expansion trend and may indicate end-market softness or post-growth normalization. Without renewed top-line momentum, margin gains may become harder to extend and earnings growth could slow.
Read all positive and negative factors
Positive Factors
Negative Factors
Margin Expansion
Sustained gross- and net-margin expansion indicates stronger pricing power and operating leverage. If maintained, these improvements can support durable earnings growth and provide resilience against moderate cost pressure across the operating cycle.
Read all positive factors
Shanghai Conant Optical Co. Ltd. Class H (2276) vs. iShares MSCI Hong Kong ETF (EWH)
Market Cap
HK$20.98B
Dividend Yield0.94%
Average Volume (3M)2.59M
Price to Earnings (P/E)29.5
Beta (1Y)0.36
Revenue Growth8.36%
EPS Growth14.91%
CountryHK
Employees3,231
SectorHealthcare
Sector Strength45
IndustryMedical - Instruments & Supplies
Share Statistics
EPS (TTM)1.22
Shares Outstanding498,269,800
10 Day Avg. Volume1,937,300
30 Day Avg. Volume2,587,190
Financial Highlights & Ratios
PEG Ratio2.45
Price to Book (P/B)8.22
Price to Sales (P/S)10.31
P/FCF Ratio93.21
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
HK$52.36Price Target Upside-3.21% Downside
Rating ConsensusStrong Buy
Number of Analyst Covering8
EPS Forecast (FY)1.62
Revenue Forecast (FY)HK$2.94B
Shanghai Conant Optical Co. Ltd. Class H Business Overview & Revenue Model
Company Description
Shanghai Conant Optical Co., Ltd. specializes in the global production and sale of resin eyeglass lenses. The company's extensive reach covers continents such as Asia, Europe, North and South America, Africa, and Oceania, in addition to its home m...
Shanghai Conant Optical Co. Ltd. Class H Financial Statement Overview
Summary
Income Statement
84
Very Positive
Balance Sheet
86
Very Positive
Cash Flow
72
Positive
| Breakdown | TTM | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 2.25B | 2.19B | 2.06B | 1.76B | 1.56B | 1.36B |
| Gross Profit | 966.63M | 917.46M | 795.10M | 658.13M | 537.87M | 460.16M |
| EBITDA | 761.15M | 682.24M | 582.02M | 465.77M | 354.97M | 296.89M |
| Net Income | 581.88M | 557.72M | 428.28M | 327.02M | 248.57M | 183.52M |
Balance Sheet | ||||||
| Total Assets | 5.09B | 3.55B | 2.39B | 1.98B | 1.79B | 1.81B |
| Cash, Cash Equivalents and Short-Term Investments | 2.30B | 1.48B | 648.52M | 551.52M | 452.14M | 735.34M |
| Total Debt | 639.48M | 299.14M | 317.54M | 214.95M | 355.08M | 599.23M |
| Total Liabilities | 1.25B | 802.11M | 803.23M | 589.41M | 643.02M | 873.95M |
| Stockholders Equity | 3.84B | 2.74B | 1.59B | 1.39B | 1.15B | 937.40M |
Cash Flow | ||||||
| Free Cash Flow | 171.83M | 241.90M | 252.62M | 348.50M | 65.59M | 20.52M |
| Operating Cash Flow | 375.73M | 536.63M | 477.81M | 480.68M | 185.12M | 58.28M |
| Investing Cash Flow | -486.93M | -957.90M | -152.13M | -273.24M | -158.76M | 140.44M |
| Financing Cash Flow | -32.64M | 556.59M | -157.07M | -212.35M | -281.00M | 189.27M |
Shanghai Conant Optical Co. Ltd. Class H Technical Analysis
Positive
54.10
Price Trends
35.47
Positive
39.49
Positive
47.15
Negative
Market Momentum
2.20
Positive
58.76
Neutral
38.08
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For HK:2276, the sentiment is Positive. The current price of 54.1 is above the 20-day moving average (MA) of 41.05, above the 50-day MA of 35.47, and above the 200-day MA of 47.15, indicating a neutral trend. The MACD of 2.20 indicates Positive momentum. The RSI at 58.76 is Neutral, neither overbought nor oversold. The STOCH value of 38.08 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for HK:2276.
Shanghai Conant Optical Co. Ltd. Class H Peers Comparison
UnderperformOutperform
Sector (51)
HK:2276
Shanghai Conant Optical Co. Ltd. Class H
42.10
-2.06
-4.67%
HK:0907
Elegance Optical International Holdings Limited
0.06
-0.02
-19.74%
Shanghai Conant Optical Co. Ltd. Class H Corporate Events
Shanghai Conant Optical Declares Interim Dividend of RMB 0.2 Per Share
Aug 17, 2026
Shanghai Conant Optical Co., Ltd., a Hong Kong-listed optical lens manufacturer, has declared an interim ordinary cash dividend of RMB 0.2 per share for the six months ended 30 June 2026, for the financial year ending 31 December 2026. The announc...
Shanghai Conant Optical Delivers Strong Interim Results and Surging XR Revenue
Aug 17, 2026
Shanghai Conant Optical reported unaudited interim results for the six months ended 30 June 2026, with revenue rising 7.6% year-on-year to RMB1,167.1 million and gross profit increasing 12.6% to RMB500.4 million. The company’s XR business wa...
Shanghai Conant Optical Seeks Shareholder Approval for RMB500 Million Bond Issuance
Aug 10, 2026
Shanghai Conant Optical Co., Ltd., a PRC-based optical manufacturer listed on the Hong Kong Stock Exchange, focuses on producing and selling optical products for the eyewear and vision-related market. The company leverages both equity and domestic...
Shanghai Conant Optical to Issue Up to RMB500 Million in Medium Term Notes for Innovation Projects
Aug 6, 2026
Shanghai Conant Optical Co., Ltd. plans to register and issue up to RMB500 million in science and technology innovation medium term notes in China’s national inter-bank bond market, with an initial issuance not exceeding RMB300 million. The ...
Shanghai Conant Optical Shareholders Approve Capital Reduction at Extraordinary Meeting
Jul 30, 2026
Shanghai Conant Optical Co., Ltd. reported the poll results of its second extraordinary general meeting held in Shanghai on 30 July 2026, where the meeting was duly convened and attended by most directors in accordance with PRC laws, Hong Kong Lis...
Shanghai Conant Optical Sets August Board Meeting to Review Interim Results and Dividend
Jul 29, 2026
Shanghai Conant Optical Co., Ltd. has scheduled a board meeting for 17 August 2026 to review and approve the unaudited interim results for the six months ended 30 June 2026 and to arrange for their publication. The board will also consider the pay...
Shanghai Conant Optical Expands Smart Glasses Partnerships and XR Production Capacity
Jul 16, 2026
Shanghai Conant Optical has advanced its move into smart glasses by signing framework agreements with four major technology and consumer electronics companies, both domestic and international. These deals establish the company as a core lens suppl...
Shanghai Conant Optical Moves to Cut Registered Capital After H-Share Buybacks
Jul 10, 2026
Shanghai Conant Optical Co., Ltd., a PRC-incorporated optical industry player listed in Hong Kong, has a capital structure based on H shares with a par value of RMB1.00 and is governed by a board combining executive, non-executive and independent ...
Shanghai Conant Optical Calls EGM on Capital Reduction and Charter Changes
Jul 10, 2026
Shanghai Conant Optical Co., Ltd. has convened a second extraordinary general meeting for 30 July 2026 in Shanghai, where shareholders will vote on a special resolution to reduce the company’s registered capital following the repurchase and ...
Shanghai Conant Optical Redeems US$30 Million in Wealth Products and Plans Low-Risk Reinvestment
Jul 2, 2026
Shanghai Conant Optical Co., Ltd. has redeemed a total of US$30,000,000 in wealth management products originally subscribed in June 2025 through Huatai International, generating approximately US$652,009 in unaudited accrued interest income. Follow...
Shanghai Conant Optical Completes HK$398 Million H Share Buyback and Cancels Shares
Jun 15, 2026
Shanghai Conant Optical has completed its April 2026 H share repurchase programme, which had an approved cap of HK$400 million, by buying back a total of 8,655,200 H shares on the Hong Kong Stock Exchange for about HK$397.99 million. The initiativ...
Shanghai Conant Optical Sets Final 2025 Dividend and Details Tax Treatment for H-Shareholders
Jun 11, 2026
Shanghai Conant Optical Co., Ltd. has declared a final ordinary dividend of RMB 0.2 per share for the financial year ended 31 December 2025, which was approved by shareholders on 11 June 2026. For H-share investors in Hong Kong, the dividend will ...
Shanghai Conant Optical Shareholders Overwhelmingly Approve 2025 Reports at AGM
Jun 11, 2026
Shanghai Conant Optical Co., Ltd., a PRC-based optical lens manufacturer listed in Hong Kong, held its annual general meeting on 11 June 2026 with more than half of its eligible share capital represented. The meeting was convened in accordance wit...
Shanghai Conant Optical Shareholders Approve Amendments to Articles at First 2026 EGM
Jun 11, 2026
Shanghai Conant Optical Co., Ltd. reported the poll results of its first extraordinary general meeting of 2026, held in Shanghai on 11 June, where a quorum representing about 54.21% of voting shares was present. Shareholders approved a special res...
Shanghai Conant Optical Calls June 2026 EGM to Amend Articles of Association
May 26, 2026
Shanghai Conant Optical Co., Ltd., a Hong Kong-listed optical company incorporated in the PRC, has convened its first extraordinary general meeting of 2026 for shareholders. The firm, overseen by a diversified board of executive, non‑executi...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
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.