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Zhejiang Dragon Technology Co., Ltd.

Zhejiang Dragon Technology Co., Ltd., together with its subsidiaries, researches, develops, produces, and sells chemical products in China and internationally. Its offerings include cosmetic raw materials, special engineering materials, and other functional chemicals. The company also engages in trading activities and technical testing, and exports its products. Founded in 1989 and headquartered in Hangzhou, China, it operates as a subsidiary of Zhejiang Dinglong New Materials Co., Ltd.

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Price · split & dividend adjusted
News & notes moving 603004.CG
603004.CG

Dinglong Technology's 2026 interim net profit falls 40.38% year-on-year

Dinglong Technology released its 2026 interim report, with net profit attributable to the parent company of 51.4774 million yuan, down 40.38% from the same period last year. Total operating revenue was 341 million yuan, down 2.79% year-on-year. Net cash inflow from operating activities was 65.9166 million yuan, down 2.57% year-on-year. The latest gross margin was 33.76%, down 4.02 percentage points from a year earlier. The latest return on equity was 2.45%, down 1.79 percentage points from a year earlier. Diluted earnings per share were 0.22 yuan, down 40.54% year-on-year.
Jiemian·26dRead more →
603004.CG2

Dinglong Technology's net profit for the first half of 2026 was 51.4774 million yuan, down 40.38% year-on-year

Dinglong Technology disclosed its semi-annual report for 2026. In the first half of the year, it achieved total operating revenue of 341 million yuan, down 2.79% year-on-year. Net profit attributable to the parent company was 51.4774 million yuan, down 40.38% year-on-year. Net profit after deducting non-recurring items was 45.1679 million yuan, down 44.34% year-on-year. Net cash flow from operating activities was 65.9166 million yuan, down 2.57% year-on-year. Basic earnings per share were 0.22 yuan, and the weighted average return on equity was 2.45%. Based on the closing price on August 21, the company's price-to-earnings ratio on a trailing twelve-month basis was about 41 times, the price-to-book ratio on a latest fiscal year basis was about 2.23 times, and the price-to-sales ratio on a trailing twelve-month basis was about 6.77 times.
中国证券报·28dRead more →
Critical Materials & Supply Chain

Disperse dyes raised twice to year-to-date highs as upstream intermediate supply tightens, fueling rally

Prices of key disperse dye components have surged sharply, with multiple companies raising prices for disperse black products twice, reaching year-to-date highs. A person in charge at Zhejiang Longsheng said the company's current selling price for disperse black is about 25,000 yuan per tonne, after two increases of 2,000 yuan per tonne each in early July and mid-to-late June. Gu Shujing, an analyst at Sublime China Information, noted that the price of a key reducing agent soared from 25,000 yuan per tonne at the end of 2025 to 100,000 yuan per tonne in June to July 2026, directly driving a broad upswing in disperse dye prices. The root cause of this price hike lies in rigid supply contraction of upstream intermediates, with domestic capacity for the reducing agent at only about 50,000 to 60,000 tonnes, leaving extremely limited supply elasticity. Low inventories combined with the traditional peak season at the end of the third quarter are expected to push disperse black prices above 30,000 yuan per tonne, while integrated leading companies with self-sufficiency in intermediates continue to gain market share.