Namyue Holdings Limited
HHKEX:10580.36
HKD
-0.01
(-2.74%)
ISIN
HK1058006367
Return %
Stock
S&P 500
1Y
-29.00
14.20
3Y
-30.39
81.12
5Y
-65.20
68.34
Capital Structure
HKD
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in mil. unless spec.Working Capital
HKD
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in mil. unless spec.Growth Rates
HKD
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in mil. unless spec.Semi-annual Revenue
HKD
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in mil. unless spec.Semi-annual Earnings Per Share
HKD
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in mil. unless spec.Semi-annual Dividends Per Share
HKD
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in mil. unless spec.Company Description
- CEO
- Binglong Cai
- Full Time Employees
- 223
- Sector
- Process industries
- Industry
- Textiles
- Address
- Guangdong Investment Tower Hong Kong Hong Kong
- IPO Date
- Dec 16, 1996
- Website
- namyueholdings.com
- Similar Companies
- Business
- Namyue Holdings Limited, an investment holding company listed on the Main Board of The Stock Exchange of Hong Kong Limited (stock code: 1058), engages primarily in the processing and sale of semi-finished and finished leather products in Mainland China; its core offerings include shoe cowhides, ecological leather, bag leather, two-layer grey hides, sofa leathers and other semi-finished leathers such as grey hides, produced through the entire production process at its principal subsidiary Xuzhou Nanhai Leather Factory Co., Ltd., which holds an annual production capacity of 850,000 pieces of high-grade cowhide products and supplies raw materials to downstream brand enterprises including prominent domestic shoe manufacturers; the Group also provides subcontracted leather processing services and trades leather, distributing products to domestic and overseas markets with operations centered in Xuzhou, Jiangsu Province. Incorporated in 1995 and headquartered at 29th Floor, Guangdong Investment Tower, 148 Connaught Road Central, Hong Kong, the company operates as a subsidiary of Nam Yue (Group) Company Limited, a state-owned enterprise of Guangdong Province in Macao. Formerly known as Guangdong Tannery Limited, it changed its name in July 2022 following a holding company shift from GDH Limited to Nam Yue (Group) Company Limited in September 2021; in recent developments, the Group advanced its subcontracting business transformation with production volume surging 403.3% to 18,965 thousand square feet in 2024 amid a strategic dual-mode model of self-manufacturing and subcontracting to expand sales channels, reduce unit costs and improve cash flows; it renewed pledged bank facilities of RMB35 million with Bank of Nanjing Co., Ltd. until April 2027 and secured RMB8 million borrowing with China Everbright Bank Co., Ltd. until July 2025 for operations; upgraded tannery wastewater disposal equipment through external technology partnerships to meet environmental standards; earned Gold Rating accreditation from the Leather Working Group (LWG) Environmental Auditing Protocol in May 2024 and the "Eco-leather Mark" logo from the China Leather Industry Association; implemented energy-saving measures including water recycling, peak-shifting production and equipment upgrades like heavy-duty rotary drums; and explores diversification into exporting half-finished cowhides to Southeast Asia and developing "cowhide dog chewing gum" pet products with plans for mass production via subcontractors in idle plants by 2025.