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China-Hongkong Photo Products Holdings Limited

China-Hongkong Photo Products Holdings Limited

HHKEX:1123
0.14
HKD
0.00
(0.00%)
130.39MMarket Cap
China-Hongkong Photo Products Holdings Limited
HKEX:1123
(Hong Kong Exchange)

Recent

price

0.14

P/E

ratio

- -

div

yld

- -

ROIC.AI

2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
2026
TTM
HKD
0.3
0.38
0.41
0.73
0.82
0.75
0.72
0.78
0.81
0.74
0.77
0.86
0.91
0.93
0.84
0.84
- -
Revenue per Share
0.02
0.04
0.03
0.01
-0.03
-0.06
-0.02
0.03
-0.04
-0.02
0.03
0.02
0.03
0.03
- -
0.01
- -
Basic EPS, GAAP
0.01
-0.05
0.02
-0.03
-0.05
- -
-0.01
-0.02
-0.01
0.04
0.11
0.01
0.05
0.06
0.04
0.02
- -
Free Cash Flow per Basic Share
0.04
0.05
0.06
0.06
0.03
- -
- -
- -
- -
- -
- -
0.01
0.01
0.02
0.01
- -
- -
Dividend per Share
0.77
0.76
0.73
0.68
0.62
0.56
0.55
0.58
0.54
0.51
0.54
0.55
0.57
0.58
0.57
0.58
0.58
Book Value per Share
0.74
0.73
0.7
0.6
0.57
0.56
0.55
0.58
0.54
0.51
0.54
0.55
0.57
0.58
0.56
0.57
0.57
Tangible Book Value per Share
1,164
1,164
1,164
1,177
1,185
1,185
1,185
1,185
1,185
1,185
1,185
1,185
1,185
1,185
1,185
1,185
1,185
Basic Weighted Avg Shares
349
436
476
862
967
887
853
930
959
880
917
1,015
1,079
1,102
1,001
998
- -
Sales/Revenue/Turnover
7.27
-4.42
-0.53
-0.74
-1.33
-3.55
-4.51
-0.94
-3.61
-4.02
-1.71
-0.35
1.59
2.67
1.09
2.24
- -
Operating Margin (%)
11
11
9
13
20
20
20
19
21
71
61
59
58
57
60
59
- -
Depreciation Expense
23
45
33
15
-33
-70
-19
38
-47
-29
34
18
41
30
-2
8
- -
Net Income, GAAP
10.46
43.79
19.13
25.89
- -
- -
- -
12.12
- -
- -
7.32
17.71
4.64
1.67
149.61
49.84
- -
Effective Tax Rate (%)
6.58
10.24
6.85
1.8
-3.44
-7.95
-2.28
4.11
-4.87
-3.3
3.67
1.78
3.78
2.7
-0.23
0.76
- -
Profit Margin (%)
706
665
607
487
435
421
399
399
351
298
322
321
353
355
351
374
374
Working Capital
- -
- -
- -
- -
- -
- -
- -
- -
- -
34
31
29
21
31
28
24
24
LT Debt
905
881
845
809
739
669
649
691
642
609
644
651
679
689
675
684
684
Total Equity
2.47
4.01
3.73
1.95
- -
- -
- -
5.77
- -
- -
4.89
2.76
6.1
4.41
-0.47
1.16
- -
Return on Invested Capital (%)
2.52
5
3.77
1.84
- -
- -
- -
5.56
- -
- -
5.43
2.95
5.73
4.16
-0.54
1.25
- -
Return on Capital (%)
2.53
5.03
3.77
1.87
-4.3
-10.01
-2.96
5.71
-7.02
-4.66
5.38
2.8
6.14
4.35
-0.34
1.11
- -
Return on Common Equity (%)

Capital Structure

HKD

•

in mil. unless spec.
Mar'25
Sep'26
Mar'26
ST Debt
39
36
36
LT Borrowings
- -
- -
- -
LT Finance Leases
28
30
24
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
1,185
1,185
1,185
Market Capitalization
133
154
130

Working Capital

HKD

•

in mil. unless spec.
Mar'25
Sep'26
Mar'26
Total Current Assets
503
539
524
Cash, Cash Equivalents & STI
239
230
216
Accounts Receivable, Net
45
51
47
Inventories
174
185
196
Total Current Liabilities
152
173
150
Payables & Accruals
- -
- -
- -
ST Debt
39
36
36
Deferred Revenue
- -
- -
- -

Growth Rates

HKD

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
0.31%
1.23%
1.35%
Free Cash Flow
220.72%
132.64%
-59.65%
Net Income, GAAP
-132.73%
-96.56%
-427.12%
Sales/Revenue/Turnover
1.4%
1.94%
-0.27%
Total Cash Common Dividend
- -
- -
- -

Semi-annual Revenue

HKD

•

in mil. unless spec.

Year

H1
H2
FY
2024
- -
- -
1,102
2025
- -
- -
1,001
2026
- -
- -
998

Semi-annual Earnings Per Share

HKD

•

in mil. unless spec.

Year

H1
H2
FY
2024
- -
- -
0.03
2025
- -
- -
- -
2026
- -
- -
0.01

Semi-annual Dividends Per Share

HKD

•

in mil. unless spec.

Year

H1
H2
FY
2024
- -
- -
0.02
2025
- -
- -
0.01
2026
- -
- -
- -
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Business
China-Hongkong Photo Products Holdings Limited engages primarily in the marketing, distribution, and retail of photographic developing, processing, and printing products. The company operates several business segments including Merchandise, Service, Investment, and Corporate and Others. Its Merchandise segment offers photographic merchandise such as cameras, film, optical products, and digital imaging equipment; skincare products; consumer electronic products; and household appliances. The Service segment provides technical services for photographic developing and processing products, imaging solutions, as well as professional audio-visual advisory, custom design, and installation services. The company also operates a retail chain under the Fotomax brand and retails skincare products through online platforms. Besides core businesses, it holds and invests in properties and offers installation services for household appliances. China-Hongkong Photo Products Holdings Limited operates predominantly in Hong Kong and serves both individual consumers and business customers. The company was founded in 1968 and is headquartered in Tsuen Wan, Hong Kong. It is a subsidiary of Searich Group Limited. In recent developments, China-Hongkong Photo Products Holdings has experienced a 5.6% decrease in revenue for the six months ended September 30, 2025, amounting to HK$506 million. Despite the revenue decline, profit increased, reflecting operational efficiencies or shifting product mix. In 2024, the company expanded its B-to-B commercial and professional AV products segment, notably securing a partnership with LG to become the distributor for LG LED Walls in Hong Kong starting mid-2024. This move reflects a strategic shift towards strengthening presence in professional audiovisual markets. The skincare product segment noted an 8% sales decline due to intense competition and currency depreciation, but flagship products such as Collagen Drink maintained strong sales performance. In August 2025, the company supported Fujifilm's launch of Hong Kong's first FUJIFILM HOUSE OF PHOTOGRAPHY in Tsuen Wan, enhancing consumer engagement through immersive photographic retail experiences. China-Hongkong Photo Products Holdings continues to adapt by broadening its product portfolio in audiovisual technology while maintaining its traditional strengths in photographic products and consumer electronics. It leverages retail expansion, strategic partnerships, and an e-commerce presence to navigate market challenges in the Greater China region. The company remains focused on offering diversified imaging and lifestyle products and services combined with technical and professional installation support, positioning itself as a comprehensive solutions provider in the photographic and consumer electronics sectors across Hong Kong and nearby markets.