Migao Group Holdings Limited
9879.HK
Hong Kong Stock Exchange8.90
HKD
-0.09
- -
Migao Group Holdings Limited
9879.HK
(Hong Kong Stock Exchange)
Recent
price
8.90
P/E
ratio
- -
div
yld
- -
ROIC.AI
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
•
in mil. unless spec.Growth Rates
FRC
•
in mil. unless spec.Quarterly Revenue
FRC
•
in mil. unless spec.Quarterly Earnings Per Share
FRC
•
in mil. unless spec.Quarterly Dividends Per Share
FRC
•
in mil. unless spec.- Similar Companies
- Business
- Migao Group Holdings Limited Migao Group Holdings Limited (9879.HK ) is a Cayman Islands-incorporated investment holding company principally engaged in the sourcing, procurement, processing, manufacturing, and trading of specialty potash-based fertilizers in the People's Republic of China. The company produces and sells potassium chloride (KCL), potassium sulphate (SOP), potassium nitrate (NOP), compound fertilizers tailored for crops such as tobacco, pepper, fruit, tea, and vegetables, and by-products including hydrochloric acid (HCL); it also resells potassium nitrate and provides production services to process customer-supplied raw materials into compound fertilizers, warehousing services, research and development related services, and technical and project management services. Migao Group Holdings Limited operates five major production facilities in Heilongjiang Province, Jilin Province, Guizhou Province, and Guangdong Province, with one additional facility in Sichuan Province (Chengdu) subject to relocation due to governmental re-zoning policies; its production capabilities include 3 KCL granulation lines, 40 SOP lines, and 3 compound fertilizer lines, with total estimated annual capacities of 390,000 tons for KCL, 400,000 tons for SOP, and 172,000 tons for compound fertilizers. Founded in 2003 and headquartered at Room 801, 8/F, COFCO Tower, 262 Gloucester Road, Causeway Bay, Hong Kong, the company primarily serves agricultural reclamation companies, state-owned tobacco companies, and agribusinesses, with sales concentrated in China. As a subsidiary of Migao Holding Limited, it listed on the Main Board of The Stock Exchange of Hong Kong on March 21, 2024, following an initial public offering sponsored by GF Holdings (Hong Kong); in December 2024, its joint venture partner EuroChem Group AG sold its entire 50% interest in EuroChem Migao Limited, marking EuroChem's complete exit from the venture focused on fertilizer production and distribution in China. In 2022, the company began constructing a logistics and storage center in Tongjiang City, Heilongjiang Province, to enhance supply efficiency, and established Migao Century Chengdu for centralized R&D operations. For the fiscal year ended March 31, 2025, Migao Group Holdings Limited reported revenue of approximately RMB4.97 billion, up 31.7% year-over-year, driven by a 35.2% increase in sales volume to 2.3 million tonnes, alongside profit growth of 22.9% to RMB339.5 million; it proposes a final dividend of RMB0.075 per share and plans a production facility in Vietnam to expand into Asian markets, while evaluating opportunities in the Middle East and Europe.