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$39.00
â–¼(-27.91% 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
The sustained expansion in gross and net margins indicates stronger profitability and operating leverage across the business. If maintained, higher margins can support reinvestment, improve resilience against cost pressure, and allow earnings to grow faster than revenue over the next several quarters.
Negative Factors
Revenue Contraction
The recent revenue decline interrupts the company’s prior expansion trend and may indicate softer end-market demand or normalization after a strong growth period. If weakness persists, slower sales growth could limit operating leverage and make continued earnings expansion increasingly dependent on margins.
Read all positive and negative factors
Positive Factors
Negative Factors
Margin Expansion
The sustained expansion in gross and net margins indicates stronger profitability and operating leverage across the business. If maintained, higher margins can support reinvestment, improve resilience against cost pressure, and allow earnings to grow faster than revenue over the next several quarters.
Read all positive factors
Shanghai Conant Optical Co. Ltd. Class H (2276) vs. iShares MSCI Hong Kong ETF (EWH)
Market Cap
HK$17.01B
Dividend Yield1.35%
Average Volume (3M)1.68M
Price to Earnings (P/E)23.8
Beta (1Y)0.75
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. Volume1,281,729
30 Day Avg. Volume1,680,008
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$54.94Price Target Upside1.55% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering8
EPS Forecast (FY)1.61
Revenue Forecast (FY)HK$2.97B
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 | 764.55M | 686.75M | 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 | 28.43M | 241.90M | 252.62M | 348.50M | 65.59M | 20.52M |
| Operating Cash Flow | 402.47M | 536.63M | 477.81M | 480.68M | 185.12M | 58.28M |
| Investing Cash Flow | -918.20M | -957.90M | -152.13M | -273.24M | -158.76M | 140.44M |
| Financing Cash Flow | 1.18B | 556.59M | -157.07M | -212.35M | -281.00M | 189.27M |
Shanghai Conant Optical Co. Ltd. Class H Technical Analysis
Negative
54.10
Price Trends
39.45
Negative
36.70
Negative
44.69
Negative
Market Momentum
-1.05
Negative
42.45
Neutral
45.08
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For HK:2276, the sentiment is Negative. The current price of 54.1 is above the 20-day moving average (MA) of 35.77, above the 50-day MA of 39.45, and above the 200-day MA of 44.69, indicating a bearish trend. The MACD of -1.05 indicates Negative momentum. The RSI at 42.45 is Neutral, neither overbought nor oversold. The STOCH value of 45.08 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative 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
34.14
-9.76
-22.23%
HK:0907
Elegance Optical International Holdings Limited
0.06
<0.01
10.91%
Shanghai Conant Optical Co. Ltd. Class H Corporate Events
Shanghai Conant Optical Shareholders Approve Interim Dividend at Extraordinary Meeting
Sep 21, 2026
Shanghai Conant Optical Co., Ltd., a Hong Kong-listed PRC optical company, convened its fourth extraordinary general meeting of 2026 in Shanghai with over half of its issued H shares represented. The meeting complied with PRC laws, Hong Kong listi...
Shanghai Conant Optical Updates Interim Dividend Terms and Withholding Tax for H Shareholders
Sep 21, 2026
Shanghai Conant Optical Co., Ltd., a PRC-based optical products manufacturer with H shares traded in Hong Kong, has detailed how it distributes dividends to non-resident enterprise and individual shareholders in line with Chinese tax regulations. ...
Shanghai Conant Optical Declares Interim Dividend and Sets Key Dates for Shareholders
Aug 31, 2026
Shanghai Conant Optical Co., Ltd. has declared an interim dividend of RMB 0.2 per share for the financial year ending 31 December 2026, reflecting its current capital allocation strategy and return of cash to shareholders. The dividend is subject ...
Shanghai Conant Optical Calls EGM to Approve Interim Dividend for H Shareholders
Aug 31, 2026
Shanghai Conant Optical Co., Ltd. has convened its fourth extraordinary general meeting of 2026 to be held in Shanghai on 21 September 2026. The meeting will allow shareholders to vote on an ordinary resolution concerning an interim dividend, refl...
Shanghai Conant Optical Sets Interim Dividend and Tax Terms for H Shareholders
Aug 31, 2026
Shanghai Conant Optical Co., Ltd. has updated details of its interim cash dividend for the six months ended 30 June 2026, declaring a payout of RMB 0.2 per share for the financial year ending 31 December 2026. The company confirmed shareholder app...
Shanghai Conant Optical Wins Shareholder Approval for PRC Medium-Term Notes
Aug 26, 2026
Shanghai Conant Optical Co., Ltd. held its third extraordinary general meeting of 2026 in Shanghai, with shareholders representing about 52.29% of the company’s issued H shares participating. The meeting was duly convened in compliance with ...
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...
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.