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603806
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Shanghai Composite
Over the past 12 months, Hangzhou First Applied Material Co Ltd has underperformed Shanghai Composite, delivering a return of -15% compared to the Shanghai Composite's +15% growth.
Stocks Performance
603806 vs Shanghai Composite
Performance Gap
603806 vs Shanghai Composite
Performance By Year
603806 vs Shanghai Composite
Compare the stock's returns with its benchmark index and competitors. Gain insights into its relative performance over time.
Hangzhou First Applied Material Co Ltd
Glance View
Hangzhou First Applied Material Co., Ltd., often referred to as the backbone of the solar photovoltaic industry, has carved out a niche as a global leader in the production and supply of encapsulant films and adhesive tapes. Founded in the historical city of Hangzhou, China, this company harnesses cutting-edge technology and innovation to manufacture highly efficient materials indispensable to solar panel production. Their encapsulant films are critical components that ensure the longevity and efficiency of solar modules by protecting the sensitive photovoltaic cells from moisture and potential mechanical damage. This pivotal role makes Hangzhou First not just a key supplier but a vital partner to solar panel manufacturers worldwide, capitalizing on the growing demand for renewable energy solutions. As a business, Hangzhou First Applied Material Co., Ltd. thrives on the expanding clean energy market, adeptly bridging the gap between advanced materials science and the renewable energy sector's operational needs. The firm’s deep-rooted commitment to research and development underpins its reputation for high-quality products that adhere to strict safety and environmental standards. This focus on technological advancement allows them to maintain competitive pricing while delivering innovative solutions tailored to clients' evolving demands. Their revenue streams are predominantly driven by providing these specialized films and tapes, supported by a robust infrastructure that ensures reliable supply chains and fosters sustainable growth in harmony with global shifts towards green energy ecosystems.