GoAI
Get started
Pu'er Lancang Ancient Tea Co., Ltd. logo

Pu'er Lancang Ancient Tea Co., Ltd.

6911.HK

HKSEConsumer DefensivePackaged Foods

Open in GoAI

Latest quote

HK$2.08

−HK$0.12 · -5.45%

Aug 25, 2:29 PM HKT

6911.HK company overview

Historical prices · Market data may be delayed.

Company profile

Company website

Pu'er Lancang Ancient Tea Co., Ltd. engages in the development, manufacturing, and sale of Pu'er tea products in People's Republic of China, Hong Kong, Macau, and Taiwan. The company offers its products under the 1966, Tea Mama, and Iland Tea brand names. It sells its products through self-operated stores, distributor-operated stores, and hypermarket chains, as well as operates online stores. The company formerly known as Lancang Ancient Tea Co., Ltd. and changed its name to Pu'er Lancang Ancient Tea Co., Ltd. in February 2018. Pu'er Lancang Ancient Tea Co., Ltd. was founded in 1966 and is headquartered in Pu'er, China.

Industry
Packaged Foods
Sector
Consumer Defensive
Headquarters
CN
CEO
Xin Zhong Zhou
Listed since
Dec 22, 2023
Employees
541

Market position

52-week range

Current HK$2.08

Open
HK$2.08
Previous close
HK$2.20
Volume
20K
1.49× average
Average volume
13.39K
Average daily volume
Market cap
65.52M HKD
Beta
-0.88
Market reference 1
50-day average
HK$2.4716
-15.84% below average
200-day average
HK$2.6306
-20.93% below average

Financials

Financial snapshot

Latest / TTM

Valuation & yield

Enterprise value
671.32M CNY
P/E (TTM)
-2.7×
P/B (TTM)
0.39×
P/S (TTM)
0.26×
EV / EBITDA
-12.42×
Earnings yield
-30.13%
Free cash flow yield
-32.04%
Dividend yield
0.00%

Profitability & efficiency

Gross margin
51.98%
Operating margin
-31.78%
Net margin
-41.62%
Return on equity
-14.35%
Return on assets
-7.23%
Return on invested capital
-6.37%

Financial health

Debt / equity
0.7×
Current ratio
2.18×
Altman Z-score
0.63
Piotroski F-score
3 of 9

Financial statements

Margin trends

Profitability as a percentage of reported revenue.

Gross marginOperating marginNet margin
Gross, operating, and net margin trends82%21%-39%-100%Gross margin, FY2023: 66.96%Gross margin, FY2024: 52.03%Gross margin, FY2025: 51.98%Operating margin, FY2023: 19.89%Operating margin, FY2024: -76.83%Operating margin, FY2025: -31.78%Net margin, FY2023: 15.19%Net margin, FY2024: -85.12%Net margin, FY2025: -41.62%FY2023FY2024FY2025
Gross margin FY2023 66.96%. Gross margin FY2024 52.03%. Gross margin FY2025 51.98%. Operating margin FY2023 19.89%. Operating margin FY2024 -76.83%. Operating margin FY2025 -31.78%. Net margin FY2023 15.19%. Net margin FY2024 -85.12%. Net margin FY2025 -41.62%.

Income trends

Revenue

218.68M CNY-39.48%

Operating income

−69.5M CNY+74.96%

Net income

−91.01M CNY+70.41%
Income trends across reported periods610.83M CNY276.88M CNY−57.08M CNY−391.03M CNYRevenue, FY2023: 527.35M CNYRevenue, FY2024: 361.33M CNYRevenue, FY2025: 218.68M CNYOperating income, FY2023: 104.89M CNYOperating income, FY2024: −277.61M CNYOperating income, FY2025: −69.5M CNYNet income, FY2023: 80.08M CNYNet income, FY2024: −307.55M CNYNet income, FY2025: −91.01M CNYFY2023FY2024FY2025
Revenue FY2023 527.35M CNY. Revenue FY2024 361.33M CNY. Revenue FY2025 218.68M CNY. Operating income FY2023 104.89M CNY. Operating income FY2024 −277.61M CNY. Operating income FY2025 −69.5M CNY. Net income FY2023 80.08M CNY. Net income FY2024 −307.55M CNY. Net income FY2025 −91.01M CNY.
Metric (CNY)FY2025FY2024FY2023
Revenue218.68M CNY361.33M CNY527.35M CNY
Cost of goods sold105M CNY173.31M CNY174.23M CNY
Gross profit113.68M CNY188.01M CNY353.12M CNY
Research and development3.78M CNY——
Selling, general, and administrative69M CNY267.53M CNY251.19M CNY
Operating expenses183.18M CNY465.62M CNY248.23M CNY
Interest income199.59K CNY681K CNY456K CNY
Interest expense15.38M CNY15.08M CNY15.82M CNY
Depreciation and amortization5.4M CNY58.84M CNY60.25M CNY
Operating income−69.5M CNY−277.61M CNY104.89M CNY
Net income−91.01M CNY−307.55M CNY80.08M CNY

Company facts updated Aug 25, 2026.

Earnings

Latest EPS result
-0.12

EPS: actual versus estimate

Recent quarterly results

ActualEstimate
Estimates unavailable
Quarterly EPS actual values compared with estimates0.10.02-0.07-0.16Q1 '24Q3 '24Q3 '25
Q1 2024, reported Mar 26, 2024: actual 0.031, estimate —, surprise —, Comparison unavailable. Q3 2024, reported Aug 26, 2024: actual 0.064, estimate —, surprise —, Comparison unavailable. Q3 2025, reported Aug 29, 2025: actual -0.12, estimate —, surprise —, Comparison unavailable.

Revenue: actual versus estimate

Recent quarterly results

ActualEstimate
Estimates unavailable
Quarterly Revenue actual values compared with estimates221.2M165.99M110.78M55.57MQ1 '24Q3 '24Q3 '25
Q1 2024, reported Mar 26, 2024: actual 105.56M HKD, estimate —, surprise —, Comparison unavailable. Q3 2024, reported Aug 26, 2024: actual 209.65M HKD, estimate —, surprise —, Comparison unavailable. Q3 2025, reported Aug 29, 2025: actual 65.38M HKD, estimate —, surprise —, Comparison unavailable.

Corporate actions

Corporate action history

Dividend

Ex-dividend Jun 11, 2024

HK$0.6102

Irregular

6911.HK peers

Nongfu Spring Co., Ltd. logo

9633.HK

Nongfu Spring Co., Ltd.

HK$43.04

-0.23%

Muyuan logo

2714.HK

Muyuan

HK$33.36

+1.65%

Haitian Flav logo

3288.HK

Haitian Flav

HK$32.36

+0.87%

Eastroc Beverage (Group) Co., Ltd. logo

9980.HK

Eastroc Beverage (Group) Co., Ltd.

HK$119.1

+0.76%

WH Group Limited logo

0288.HK

WH Group Limited

HK$8.05

-1.77%

Mixue Group logo

2097.HK

Mixue Group

HK$247.8

-1.20%

Continue in GoAI

Research 6911.HK

research.disclaimer