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Da Ming International Holdings Limited

Da Ming International Holdings Limited

HHKEX:1090
0.50
HKD
-0.02
(-3.85%)
1.07BMarket Cap
Da Ming International Holdings Limited
HKEX:1090
(Hong Kong Exchange)

Recent

price

0.50

P/E

ratio

- -

div

yld

- -

ROIC.AI

2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
TTM
CNY
11.6
11.51
11.27
14.57
18.92
16.59
18.27
23.4
26.3
29
28.67
37.52
39.33
39.67
36.45
35.16
- -
Revenue per Share
0.3
0.1
0.03
0.09
0.16
-0.23
0.35
0.06
0.09
0.14
0.28
0.4
-0.14
-0.17
-0.33
-0.03
- -
Basic EPS, GAAP
-0.59
-1.07
-0.04
-0.31
0.1
-0.64
-0.66
0.17
-0.4
-0.4
-0.19
-0.2
-0.3
-0.47
- -
0.19
- -
Free Cash Flow per Basic Share
- -
- -
0.03
0.01
0.02
0.02
- -
0.11
0.04
0.06
- -
0.1
0.05
- -
- -
- -
- -
Dividend per Share
1.38
1.46
1.46
1.55
1.71
1.58
1.89
1.95
2
2.09
2.38
2.67
2.48
2.34
2.01
1.98
1.98
Book Value per Share
1.27
1.35
1.29
1.35
1.46
1.37
1.62
1.66
1.6
1.67
1.96
2.24
2.06
1.9
1.58
1.54
1.54
Tangible Book Value per Share
774
1,038
1,038
1,038
1,038
1,088
1,123
1,185
1,222
1,225
1,225
1,235
1,275
1,275
1,275
1,257
1,257
Basic Weighted Avg Shares
8,973
11,941
11,694
15,121
19,634
18,043
20,518
27,724
32,135
35,509
35,133
46,345
50,122
50,560
46,453
44,193
- -
Sales/Revenue/Turnover
4.04
1.73
1.22
1.55
1.7
-1.17
3.3
0.91
1.24
1.36
2.06
2.1
0.06
0.08
-0.4
0.6
- -
Operating Margin (%)
54
70
90
83
81
98
141
167
203
242
271
415
422
438
452
463
- -
Depreciation Expense
236
104
31
98
166
-247
388
67
110
178
348
495
-178
-219
-415
-36
- -
Net Income, GAAP
24.49
25.74
31.51
30.18
28.94
- -
27.22
38.44
39.55
31.32
26.65
27.65
- -
- -
- -
71.89
- -
Effective Tax Rate (%)
2.62
0.87
0.26
0.65
0.84
-1.37
1.89
0.24
0.34
0.5
0.99
1.07
-0.36
-0.43
-0.89
-0.08
- -
Profit Margin (%)
466
296
102
2
-36
-327
-192
-110
-968
-1,696
-848
27
-131
-562
-1,271
-1,334
-1,334
Working Capital
15
50
140
346
488
766
868
1,295
850
248
964
1,584
1,956
1,972
1,660
1,413
1,413
LT Debt
1,451
1,580
1,662
1,753
2,006
2,043
2,414
2,697
2,853
2,934
3,316
3,749
3,505
3,281
2,865
2,841
2,841
Total Equity
15.33
5.26
2.86
5.01
6.57
- -
11.69
2.74
3.69
4.42
6.16
7.45
- -
- -
- -
0.72
- -
Return on Invested Capital (%)
16.11
6.09
3.1
5.46
7.02
- -
11.12
2.55
3.06
4.19
5.72
7.2
- -
- -
- -
-0.1
- -
Return on Capital (%)
22.35
7.05
2.02
6.26
9.81
-13.82
19.57
2.94
4.45
6.96
12.5
15.54
-5.42
-7.17
-15.16
-1.42
- -
Return on Common Equity (%)

Capital Structure

CNY

•

in mil. unless spec.
Dec'24
Jun'25
Dec'25
ST Debt
5,656
10,126
5,396
LT Borrowings
1,584
1,406
1,236
LT Finance Leases
76
125
177
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
1,257
1,257
1,257
Market Capitalization
874
723
960

Working Capital

CNY

•

in mil. unless spec.
Dec'24
Jun'25
Dec'25
Total Current Assets
7,007
11,251
6,673
Cash, Cash Equivalents & STI
204
457
165
Accounts Receivable, Net
449
539
514
Inventories
3,822
3,684
3,597
Total Current Liabilities
8,278
12,531
8,007
Payables & Accruals
- -
- -
- -
ST Debt
5,656
10,126
5,396
Deferred Revenue
- -
- -
- -

Growth Rates

CNY

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
3.81%
-2.68%
-0.85%
Free Cash Flow
-574.47%
-1,043.82%
-5,234.26%
Net Income, GAAP
-19.23%
-14.61%
-91.42%
Sales/Revenue/Turnover
10.21%
5.59%
-4.87%
Total Cash Common Dividend
- -
- -
- -

Semi-annual Revenue

CNY

•

in mil. unless spec.

Year

H1
H2
FY
2023
- -
- -
50,560
2024
- -
- -
46,453
2025
- -
- -
44,193

Semi-annual Earnings Per Share

CNY

•

in mil. unless spec.

Year

H1
H2
FY
2023
- -
- -
-0.17
2024
- -
- -
-0.33
2025
- -
- -
-0.03

Semi-annual Dividends Per Share

CNY

•

in mil. unless spec.

Year

H1
H2
FY
2023
- -
- -
- -
2024
- -
- -
- -
2025
- -
- -
- -
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Business
Da Ming International Holdings Limited, founded in 1988 and headquartered in Wuxi, China, is a leading enterprise specializing in the processing, distribution, and sale of stainless steel and carbon steel products and components, as well as manufacturing equipment and mechanical parts. The company operates through two main segments: Processing and Manufacturing. Its processing services encompass trimming, polishing, cutting, forming, pre-grooving, welding, heat treating, machining, painting, and assembling. Core products include high strength steel, wear-resistant steel, regular stainless steel, dual-phase steel, heat-resistant steel, nickel-based alloys, super austenitic steel, and 6Mo steel products. Da Ming serves diverse industries including petrochemical, automobile and transport, construction, elevator, renewable energy, biopharmaceutical, electronic communications, special shipbuilding, rail transit, aerospace, and mechanical engineering. The company has expanded its geographic and operational footprint with ten service centers headquartered in Wuxi, a manufacturing base along the Yangtze River in Jingjiang, and two ports in Jiaxing and Jingjiang, allowing it to serve top enterprises across more than 30 industries. Da Ming emphasizes integrated metal processing and high-end manufacturing services including whole-process fabrication, spare parts and finished product manufacturing, supported by world-class steel processing equipment and a modern physical and chemical testing center. With over 6,700 employees and a total operational area approaching 2 million square meters, it ranks among China’s top 500 enterprises. Recent major developments include strategic expansion focused on building a modern steel technology city incorporating Daming Port, Daming Heavy Industries, and Daming Metal Technology. The Jingjiang project covering more than 1,000 acres with an investment plan of 2 billion yuan is underway to accelerate steel deep processing and extended industry chain growth. As of 2024, Da Ming reported stainless steel and carbon steel sales volumes of approximately 2.06 million tons and 5.06 million tons respectively, generating sales revenues of $6.54 billion. The company is publicly listed on the Hong Kong Stock Exchange (Ticker: 1090.HK), maintaining its position as the first listed stainless steel processing enterprise in China. It remains a subsidiary of Ally Good Group Limited.