Xiamen Jihong Co., Ltd.

Xiamen Jihong Co., Ltd.

2603.HK
Xiamen Jihong Co., Ltd.HK flagHong Kong Stock Exchange
15.81
HKD
-0.12
- -
1.07BMarket Cap
2013 Y
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
1.55
1.54
2.08
1.97
5.74
6.76
14.02
11.68
13.67
14.03
17.85
14.89
16.27
11.91
Basic EPS, GAAP
0.15
0.08
0.15
0.15
0.41
0.64
1.52
1.48
0.6
0.48
0.92
0.49
0.67
0.44
Free Cash Flow per Basic Share
-0.07
-0.1
0.08
-0.28
-0.64
0.65
0.5
0.95
0.03
0.66
1.39
0.67
0.23
-0.28
Dividend per Share
0.04
0.07
0.07
0.02
0.11
0.12
0.57
0.12
0.14
0.03
0.49
0.56
0.36
0.33
Book Value per Share
0.68
0.72
0.83
0.96
1.71
1.81
3.93
4.01
4.51
4.91
5.47
5.41
5.31
5.14
Tangible Book Value per Share
0.75
0.86
0.91
1.38
2.38
1.44
5.6
4.46
4.77
5.26
5.83
5.62
6.36
6.19
Basic Weighted Avg Shares
250
251
251
289
197
336
215
378
379
383
375
371
413
440
Sales/Revenue/Turnover
387
386
522
570
1,133
2,269
3,009
4,410
5,178
5,376
6,695
5,529
6,722
5,243
Operating Margin (%)
11.57
7.16
9.7
8.55
9.35
12.14
13.67
15.21
5.7
6
6.51
4.17
5.94
6.14
Depreciation Expense
17
23
29
32
36
46
71
65
105
109
123
140
136
- -
Net Income, GAAP
36
19
37
43
80
213
326
559
227
184
345
182
277
193
Effective Tax Rate (%)
9.11
- -
14.47
18.34
16.28
11.29
9.23
11.64
15.5
19.78
14.06
15.44
10.94
11.77
Profit Margin (%)
9.38
4.94
7.16
7.54
7.07
9.39
10.84
12.67
4.39
3.42
5.15
3.29
4.12
3.67
Working Capital
12
-22
-21
74
64
110
674
1,004
986
1,146
1,239
890
1,486
1,605
LT Debt
17
18
3
9
8
46
26
75
47
70
219
177
294
327
Total Equity
213
241
267
447
518
717
1,451
1,768
1,915
2,137
2,313
2,209
2,751
2,847
Return on Invested Capital (%)
13.31
- -
10.12
8.06
12.66
25.71
25.44
28.6
11.1
10.86
14.37
7.52
12.06
8.97
Return on Capital (%)
16.14
- -
13.01
13.03
16.47
27.45
29.24
33.99
13.04
9.78
15.58
7.94
8.9
5.32
Return on Common Equity (%)
23.58
10.84
19.14
17.65
26.02
45.22
45
47.36
14.1
10.24
17.54
8.96
13.17
8.88

Capital Structure

FRC

in mil. unless spec.
Sep'25
Dec'25
Mar'26
ST Debt
- -
343
486
LT Borrowings
- -
239
279
LT Finance Leases
- -
55
48
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
- -
450
450
Market Capitalization
5,266
4,465
5,441

Working Capital

FRC

in mil. unless spec.
Sep'25
Dec'25
Mar'26
Total Current Assets
- -
2,728
2,947
Cash, Cash Equivalents & STI
- -
1,304
1,366
Accounts Receivable, Net
- -
624
711
Inventories
- -
516
510
Total Current Liabilities
- -
1,242
1,342
Payables & Accruals
- -
- -
- -
ST Debt
- -
343
486
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
29.43%
9.64%
24.55%
Free Cash Flow
175.96%
453.19%
-62.39%
Net Income, GAAP
40.59%
2.82%
52.16%
Sales/Revenue/Turnover
33.74%
9.98%
21.56%
Total Cash Common Dividend
160.9%
245.32%
-29.11%

Quarterly Revenue

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
1,324
1,129
1,444
1,632
5,529
2025
1,477
1,756
- -
1,683
6,722
2026
1,804
- -
- -
- -
- -

Quarterly Earnings Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.11
- -
- -
- -
0.49
2025
0.16
- -
- -
- -
0.67
2026
0.16
- -
- -
- -
- -

Quarterly Dividends Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
0.56
2025
- -
- -
- -
- -
0.36
2026
0.01
- -
- -
- -
- -

Company Description

APIChatGPT
CEO
He Ping Zhang
Full Time Employees
4,757
Sector
Consumer Cyclical
Industry
Packaging & Containers
Address
Dongfu Industry Park II Xiamen People's Republic of China 361025
IPO Date
May 27, 2025
Website
jihong.cn
Business
Xiamen Jihong Co., Ltd. engages in cross-border e-commerce and packaging solutions, operating as a comprehensive provider of packaging products and related internet services with an emphasis on precision marketing and cross-border commerce platforms; it expands its offering through production and sale of color packaging cartons, color packaging boxes, environmentally friendly paper bags, paper cups, multi-packs, printed corrugated cartons, folding cardboards, QSR food-grade packaging, cluster packaging products, personalized packing products, and related packaging materials, alongside digital marketing and e-commerce services that support cross-border sales and online distribution. Headquartered in Xiamen, China, the company links its packaging manufacturing capabilities with internet-based marketing and cross-border distribution, targeting domestic consumption channels as well as international markets. It is publicly listed on the Hong Kong Stock Exchange under ticker 2603.HK, reflecting its integration of tangible packaging products with digital advertising, marketing services, and cross-border e-commerce operations, and it maintains active operations in multiple geographic regions through its packaging production facilities and online platforms. Founded in the early 2000s, the company emphasizes scalable packaging solutions and online marketing services designed to support brand owners in accessing international consumer markets. Key product categories include color packaging cartons and boxes, paper bags, paper cups, printed cartons, multi-packs, and eco-friendly packaging solutions, complemented by QSR-appropriate packaging, as well as customized packaging and related material sourcing. The business model centers on end-to-end packaging provision coupled with digital marketing and cross-border commerce capabilities to optimize product reach and sales efficiency. Latest major company changes include strategic expansions in cross-border e-commerce activities, enhancements of precision marketing offerings, and the pursuit of broader international partnerships to support global distribution networks; recent corporate developments also include potential listings and reorganizations aimed at strengthening market visibility and capital access, alongside ongoing enhancements to online sales platforms and cross-border logistics arrangements. The company continues to pursue inorganic growth opportunities and capacity expansions to meet rising demand in both domestic and overseas markets, with a continuing focus on improving inventory management, supply-chain efficiency, and digital marketing capabilities to sustain growth across its core packaging and internet services segments.