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  3. •

    Wholesale distributors
Minshang Creative Technology Holdings Limited

Minshang Creative Technology Holdings Limited

HHKEX:1632
0.05
HKD
+0.00
(-1.92%)
100.09MMarket Cap
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
0.3
0.35
0.33
0.28
0.24
0.21
1.18
1.85
1.06
0.07
0.01
- -
- -
Basic EPS, GAAP
0.03
0.03
0.04
-0.01
- -
-0.05
-0.02
0.03
-0.01
- -
-0.04
-0.06
- -
Free Cash Flow per Basic Share
0.01
0.03
0.03
-0.02
-0.02
-0.01
-0.01
0.06
0.01
0.01
-0.02
-0.03
- -
Dividend per Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Book Value per Share
0.06
0.08
0.07
0.17
0.17
0.12
0.16
0.19
0.18
0.19
0.15
0.11
0.1
Tangible Book Value per Share
0.06
0.08
0.07
0.17
0.17
0.11
0.16
0.19
0.18
0.18
0.15
0.1
0.08
Basic Weighted Avg Shares
600
600
600
667
800
800
855
859
859
886
893
915
953
Sales/Revenue/Turnover
181
210
201
190
194
171
1,009
1,586
910
60
8
- -
- -
Operating Margin (%)
10.3
10.6
13.48
5.84
-1.4
-20.23
-1.4
0.96
-2.14
-20.9
-244.76
-15,631.94
- -
Depreciation Expense
8
10
8
8
10
12
39
21
13
11
2
1
- -
Net Income, GAAP
16
19
24
-8
-2
-43
-21
26
-6
-1
-36
-57
- -
Effective Tax Rate (%)
16.1
16.11
16.83
- -
- -
- -
- -
23.64
- -
0.22
- -
- -
- -
Profit Margin (%)
8.81
8.95
11.9
-4.18
-0.78
-25.07
-2.07
1.61
-0.66
-2.27
-450.04
-29,713.61
- -
Working Capital
20
33
31
101
93
68
23
62
48
40
34
19
73
LT Debt
- -
- -
- -
- -
- -
- -
21
5
4
3
- -
- -
5
Total Equity
51
60
54
136
135
92
135
163
158
171
132
100
127
Return on Invested Capital (%)
- -
31.81
39.03
- -
- -
- -
- -
4.59
- -
-7.39
- -
- -
- -
Return on Capital (%)
- -
32.32
39.91
- -
- -
- -
- -
13.45
- -
-0.73
- -
- -
- -
Return on Common Equity (%)
- -
33.7
41.71
-8.31
-1.11
-37.84
-18.42
17.1
-3.74
-0.83
-23.58
-48.08
- -

Capital Structure

HKD

•

in mil. unless spec.
Sep'25
Mar'25
Sep'26
ST Debt
1
- -
99
LT Borrowings
- -
- -
5
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
893
953
953
Market Capitalization
357
151
100

Working Capital

HKD

•

in mil. unless spec.
Sep'25
Mar'25
Sep'26
Total Current Assets
55
58
317
Cash, Cash Equivalents & STI
14
22
7
Accounts Receivable, Net
- -
- -
9
Inventories
3
- -
3
Total Current Liabilities
29
39
244
Payables & Accruals
- -
- -
- -
ST Debt
1
- -
99
Deferred Revenue
- -
- -
- -

Growth Rates

HKD

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
13.39%
-4.29%
-24.4%
Free Cash Flow
-155.36%
-270.89%
45.51%
Net Income, GAAP
468.33%
432.24%
58.59%
Sales/Revenue/Turnover
20.68%
-52.66%
-97.6%
Total Cash Common Dividend
- -
- -
- -

Semi-annual Revenue

HKD

•

in mil. unless spec.

Year

H1
H2
FY
2024
- -
- -
8
2025
- -
- -
- -
2026
- -
- -
- -

Semi-annual Earnings Per Share

HKD

•

in mil. unless spec.

Year

H1
H2
FY
2024
- -
- -
-0.04
2025
- -
- -
-0.06
2026
- -
- -
- -

Semi-annual Dividends Per Share

HKD

•

in mil. unless spec.

Year

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

Company Description

Company Profile APIChatGPT
CEO
Di Chen
Full Time Employees
45
Sector
Distribution services
Industry
Wholesale distributors
Address
Wu Chung House Hong Kong Hong Kong
IPO Date
Nov 29, 2016
Website
minshangct.com
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Business
Minshang Creative Technology Holdings Limited functions as an investment holding company, engaging in a range of diverse business activities. The company's operations primarily encompass two main segments: a trading division and an information technology solutions division, both focused on the People's Republic of China. Within its trading segment, the firm conducts B2B distribution of 3C electronic products, alongside various frozen food items, and grain and oil products to wholesale buyers. The technology solutions arm delivers services such as software customization, Software-as-a-Service (SaaS) offerings, and comprehensive IT solutions, emphasizing e-commerce integration and digital transformation initiatives, including support for artificial intelligence development. Historically, the company maintained a Vietnamese-style restaurant business in Hong Kong, operating under the brand "Viet's Choice"; however, this segment has undergone a significant strategic divestment. Recent corporate developments include the consolidation of financial results from Minshang Zhihui, effective for the fiscal year ending March 2026, which grants Minshang Creative majority control through board composition changes. The company also acquired Context Image Holdings Limited, including Changjing Wanxiang (Beijing) Technology Co., Ltd., which is dedicated to leveraging big data, artificial intelligence, and cloud computing. Established in 2003, the company maintains its headquarters in Admiralty, Hong Kong.