Ruichang International Holdings Limited

Ruichang International Holdings Limited

HHKEX:1334
0.88
HKD
-0.01
(-1.13%)
585.00MMarket Cap
Ruichang International Holdings Limited
HKEX:1334
(Hong Kong Exchange)

Recent

price

0.88

P/E

ratio

- -

div

yld

- -

ROIC.AI

2021
2022
2023
2024
2025
TTM
CNY
0.5
0.84
1.09
1.02
1
- -
Revenue per Share
0.03
0.07
0.11
0.02
0.01
- -
Basic EPS, GAAP
-0.02
- -
- -
0.09
-0.09
- -
Free Cash Flow per Basic Share
0.04
- -
- -
0.02
0.04
- -
Dividend per Share
0.41
0.48
0.59
0.78
0.75
0.75
Book Value per Share
0.33
0.4
0.51
0.69
0.63
0.63
Tangible Book Value per Share
500
500
500
435
500
500
Basic Weighted Avg Shares
248
419
544
444
502
- -
Sales/Revenue/Turnover
7.34
14.31
16.28
8.47
3.6
- -
Operating Margin (%)
7
7
10
12
11
- -
Depreciation Expense
13
37
55
10
5
- -
Net Income, GAAP
24.92
17.16
18.18
30.53
27.25
- -
Effective Tax Rate (%)
5.41
8.72
10.15
2.33
1
- -
Profit Margin (%)
108
141
209
254
325
325
Working Capital
33
24
41
7
110
110
LT Debt
206
240
295
388
391
391
Total Equity
- -
12.27
14.68
2.54
1.37
- -
Return on Invested Capital (%)
- -
13.42
16.22
3.17
1.73
- -
Return on Capital (%)
- -
16.37
20.61
3.02
1.32
- -
Return on Common Equity (%)

Capital Structure

CNY

•

in mil. unless spec.
Dec'24
Jun'25
Dec'25
ST Debt
107
112
92
LT Borrowings
- -
80
104
LT Finance Leases
7
7
6
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
500
500
500
Market Capitalization
456
511
526

Working Capital

CNY

•

in mil. unless spec.
Dec'24
Jun'25
Dec'25
Total Current Assets
586
612
709
Cash, Cash Equivalents & STI
139
102
136
Accounts Receivable, Net
237
259
329
Inventories
52
61
65
Total Current Liabilities
331
344
384
Payables & Accruals
- -
- -
- -
ST Debt
107
112
92
Deferred Revenue
- -
- -
- -

Growth Rates

CNY

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
- -
- -
0.62%
Free Cash Flow
- -
- -
-207.06%
Net Income, GAAP
- -
- -
-51.44%
Sales/Revenue/Turnover
- -
- -
13.01%
Total Cash Common Dividend
- -
- -
90.56%

Semi-annual Revenue

CNY

•

in mil. unless spec.

Year

H1
H2
FY
2023
- -
- -
544
2024
- -
- -
444
2025
- -
- -
502

Semi-annual Earnings Per Share

CNY

•

in mil. unless spec.

Year

H1
H2
FY
2023
- -
- -
0.11
2024
- -
- -
0.02
2025
- -
- -
0.01

Semi-annual Dividends Per Share

CNY

•

in mil. unless spec.

Year

H1
H2
FY
2023
- -
- -
- -
2024
- -
- -
0.02
2025
- -
- -
0.04
Business
Ruichang International Holdings Limited, founded in 1994 and headquartered in Shanghai, China, operates as a leading manufacturer of petroleum refinery and petrochemical equipment primarily serving the Mainland China market. The company’s core products include customized petroleum refinery and petrochemical equipment across four main categories: sulphur recovery units (SRU) and volatile organic compounds (VOCs) incineration equipment; catalytic cracking equipment; process burners; and heat exchangers. In addition to manufacturing, Ruichang International provides installation and technology consulting services. Recent strategic developments include the formation of a joint venture company in Huangshan, China, focused on phosphorus pollution control, phosphorus-containing waste treatment technologies, and recycling, leveraging advanced entrained flow technology. The group holds an 80% stake with a total capital commitment of RMB 120 million for this venture as of December 2024. Furthermore, Ruichang International secured an exclusive cooperation license with Callidus, a subsidiary of Honeywell’s UOP, to fully take over after-sales services of the Callidus brand in China, covering equipment maintenance, technical support, spare parts supply, and customer training. The company is also expanding its footprint in the Middle East and North Africa, establishing partnerships and supplier status with key entities such as Abu Dhabi National Oil Company (ADNOC). The company has notably increased investment in research and development, committing RMB 31.56 million in 2024, and holds 234 patents, underscoring its focus on innovation in energy-saving and environmental protection technologies aligned with China’s dual carbon commitment. It has modernized its production capabilities with an intelligent factory that commenced operations in July 2025, boosting production capacity and supporting market expansion. Ruichang International also emphasizes ESG initiatives alongside technological advancements and operates with subsidiaries including Luoyang Ruichang and Shanghai Ruiqieer, both certified high and new technology enterprises. The company was listed on the Hong Kong Stock Exchange in July 2024 under ticker 1334.HK.