Hangzhou First Applied Material Co., Ltd., a prominent player in the Information Technology sector, specifically within the Semiconductors & Semiconductor Equipment industry, has recently reported significant developments in its financial management strategies. The company, headquartered in Hangzhou, China, is renowned for its specialization in the development, manufacturing, and sale of a diverse range of film products. These include fusible films, solar cell films, photosensitive dry films, hot melt adhesive films, and more. Additionally, the company extends its product line to include solar back plates and electronic materials.

As of December 17, 2025, Hangzhou First Applied Material Co., Ltd. (listed on the Shanghai Stock Exchange under the ticker 603806) announced its progress in effectively utilizing idle raised funds for cash management purposes. This strategic move is indicative of the company’s proactive approach to optimizing its financial resources. The latest trading price of the company’s shares was recorded at CNY 13.25, reflecting a slight decrease from the close price of CNY 13.35 on December 21, 2025.

Over the past year, the company’s stock has experienced notable fluctuations, with a 52-week high of CNY 17.05 on November 9, 2025, and a 52-week low of CNY 11.74 on April 24, 2025. These variations highlight the dynamic nature of the market’s response to the company’s performance and strategic initiatives.

Financially, Hangzhou First Applied Material Co., Ltd. boasts a market capitalization of approximately CNY 34.83 billion. The company’s price-to-earnings (P/E) ratio stands at 47.25, suggesting a moderate earnings multiple. Additionally, the price-to-book (P/B) ratio is 2.20, indicating a modest premium over the book value. These metrics collectively reflect the market’s assessment of the company’s financial health and its effective cash management strategies.

The company’s commitment to innovation and strategic financial management positions it as a key player in the semiconductor materials industry. For further information, stakeholders and interested parties can visit the company’s official website at www.firstpvm.com .