Hengxin Technology Ltd.

Hengxin Technology Ltd.

HHKEX:1085
1.69
HKD
-0.05
(-2.87%)
917.23MMarket 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
3.19
3.8
4.04
3.95
4.21
4.09
3.68
2.94
4.19
5.26
5.81
5.77
5.14
- -
Basic EPS, GAAP
0.2
0.25
0.3
0.26
0.29
0.3
0.29
0.16
0.18
0.16
0.18
0.1
-0.1
- -
Free Cash Flow per Basic Share
-0.11
0.34
0.56
0.27
-0.08
0.39
0.17
0.92
-0.86
1.03
0.69
-0.01
-0.66
- -
Dividend per Share
- -
0.02
- -
0.03
0.03
0.03
0.05
0.03
0.02
- -
- -
- -
- -
- -
Book Value per Share
2.79
3.02
3.32
3.6
3.82
4.09
4.34
4.46
4.62
4.79
4.96
3.35
3.26
3.26
Tangible Book Value per Share
2.79
3.02
3.32
3.6
3.82
4.09
4.34
4.46
4.62
4.24
3.82
2.43
2.38
2.38
Basic Weighted Avg Shares
388
388
388
388
388
388
388
388
388
388
388
437
437
464
Sales/Revenue/Turnover
1,238
1,475
1,566
1,532
1,633
1,587
1,429
1,139
1,626
2,040
2,256
2,520
2,247
- -
Operating Margin (%)
8.85
8.25
8.4
7.28
8.88
9.76
8.71
6.73
4.48
4.56
6.43
4.15
4.45
- -
Depreciation Expense
19
18
21
21
24
27
21
28
20
35
87
89
92
- -
Net Income, GAAP
79
97
115
100
114
118
113
61
71
64
70
42
-42
- -
Effective Tax Rate (%)
23.57
16.37
14.79
17.8
15.53
15.87
12.73
16.77
14.57
11.53
17.01
17.36
182.25
- -
Profit Margin (%)
6.36
6.58
7.35
6.52
6.98
7.45
7.94
5.38
4.39
3.12
3.09
1.67
-1.89
- -
Working Capital
915
974
1,079
1,133
1,257
1,398
1,500
1,560
1,614
1,445
1,869
1,699
1,379
1,506
LT Debt
- -
- -
- -
- -
- -
- -
1
1
- -
3
840
1,074
1,182
1,227
Total Equity
1,084
1,173
1,288
1,396
1,481
1,588
1,682
1,732
1,787
1,889
2,739
2,347
2,308
2,800
Return on Invested Capital (%)
7.01
7.73
8.78
7.45
8.27
7.59
6.48
3.56
3.34
3.69
4.39
3.03
-2.2
- -
Return on Capital (%)
6.92
7.65
8.7
7.15
7.86
7.04
6.5
3.64
4.15
3.28
2.07
1.41
-2.21
- -
Return on Common Equity (%)
7.54
8.6
9.36
7.44
7.93
7.71
6.94
3.59
4.05
3.48
3.69
2.42
-2.75
- -

Capital Structure

CNY

•

in mil. unless spec.
Jun'25
Dec'25
Jun'26
ST Debt
724
763
1,085
LT Borrowings
1,049
1,136
1,181
LT Finance Leases
1
46
46
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
466
466
466
Market Capitalization
528
611
794

Working Capital

CNY

•

in mil. unless spec.
Jun'25
Dec'25
Jun'26
Total Current Assets
3,681
2,799
3,332
Cash, Cash Equivalents & STI
1,315
433
546
Accounts Receivable, Net
1,256
920
1,050
Inventories
236
198
260
Total Current Liabilities
1,889
1,420
1,826
Payables & Accruals
- -
- -
- -
ST Debt
724
763
1,085
Deferred Revenue
- -
- -
- -

Growth Rates

CNY

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
6.85%
7.57%
-1.67%
Free Cash Flow
1,192.94%
2,457.71%
12,834.54%
Net Income, GAAP
-27.03%
-44.98%
-200.56%
Sales/Revenue/Turnover
5.1%
15.93%
-10.82%
Total Cash Common Dividend
- -
- -
- -

Semi-annual Revenue

CNY

•

in mil. unless spec.

Year

H1
H2
FY
2024
- -
- -
2,520
2025
- -
- -
2,247
2026
- -
- -
- -

Semi-annual Earnings Per Share

CNY

•

in mil. unless spec.

Year

H1
H2
FY
2024
- -
- -
0.1
2025
- -
- -
-0.1
2026
- -
- -
- -

Semi-annual Dividends Per Share

CNY

•

in mil. unless spec.

Year

H1
H2
FY
2024
- -
- -
- -
2025
- -
- -
- -
2026
- -
- -
- -

Company Description

CEO
Yinan Peng
Full Time Employees
1,276
Sector
Producer manufacturing
Industry
Electrical products
Address
460 Alexandra Road Yixing JS China 119963
IPO Date
Dec 23, 2010
Business
Hengxin Technology Ltd. is a Singapore-based investment holding company principally engaged in the research, design, manufacture, and sale of telecommunications products including radio frequency coaxial cables, leaky cables, antennas, high temperature resistant cables, active transmission equipment, connectors, jumper cables, and related accessories for mobile communications operators, equipment vendors, and rail transit builders; integrated circuits and digital technology encompassing chips research, design, sales, supply chain services, semiconductor intellectual property authorization, and digital security products and services; and new energy and services focused on solar power production and sales from tower concentrated solar power stations with molten salt energy storage, as well as development consultation and technical services for solar thermal power generation technology. The company operates primarily in the People's Republic of China through its key subsidiary Jiangsu Hengxin Technology Co., Ltd., with production facilities in Yixing City, Jiangsu Province, and additional operations including two solar power stations in Delingha; it also serves markets in Asia including India via subsidiaries and exports to international customers. Founded in 2004 and headquartered at 5 Tampines Central 1, #06-05 Tampines Plaza 2, Singapore 529541, the company maintains an annual production capacity of approximately 168,000 kilometers of RF coaxial cables, 7.86 million pieces of accessories, and 120,000 antennas. In recent developments, Hengxin completed the acquisition of the remaining 49% equity interests in Nanjing Zhangyu Information Technology Co., Ltd. and Shanghai Zhangyu Information Technology Co., Ltd. in 2024 to fully consolidate its digital technology segment; acquired Zhejiang Zhongguang New Energy Technology Co., Ltd. and subsidiaries in July 2023, establishing the New Energy and Services segment with a 50MW and 10MW solar power projects; renamed its Digital Technology and Digital Security segment to Integrated Circuits and Digital Technology during 2024 to better reflect operations; and issued new ordinary shares via placing in May 2024, increasing share capital.