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Qian Xun Technology Limited

Qian Xun Technology Limited

HHKEX:1640
0.48
HKD
0.00
(0.00%)
2.04BMarket Cap
Qian Xun Technology Limited
HKEX:1640
(Hong Kong Exchange)

Recent

price

0.48

P/E

ratio

- -

div

yld

- -

ROIC.AI

2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
TTM
CNY
0.78
1.65
1.96
2.7
1.12
1.1
1.03
0.95
0.74
2.67
- -
Revenue per Share
0.04
0.1
0.12
0.12
0.01
- -
-0.03
-0.06
-0.26
-0.02
- -
Basic EPS, GAAP
-0.1
-0.01
0.06
-0.28
-0.22
0.03
-0.08
-0.09
0.11
-0.26
- -
Free Cash Flow per Basic Share
- -
- -
0.14
0.01
- -
- -
- -
- -
- -
- -
- -
Dividend per Share
0.24
0.34
0.22
0.54
0.54
0.54
0.52
0.46
0.27
0.32
0.32
Book Value per Share
0.24
0.34
0.22
0.54
0.54
0.54
0.52
0.46
0.1
0.15
0.15
Tangible Book Value per Share
400
400
400
313
400
400
400
400
479
560
560
Basic Weighted Avg Shares
313
661
783
846
447
441
413
379
357
1,494
- -
Sales/Revenue/Turnover
5.66
8.02
8.85
8
6.02
1.2
0.58
4.28
-0.17
0.28
- -
Operating Margin (%)
4
4
5
3
1
1
- -
- -
1
5
- -
Depreciation Expense
16
40
46
36
3
- -
-11
-23
-124
-12
- -
Net Income, GAAP
28.64
26.51
25.37
35.33
35.42
89.24
- -
- -
- -
- -
- -
Effective Tax Rate (%)
5.04
6.09
5.89
4.29
0.64
0.1
-2.76
-6.2
-34.67
-0.84
- -
Profit Margin (%)
89
82
65
209
259
214
225
192
44
87
87
Working Capital
7
8
3
2
50
- -
30
30
2
23
23
LT Debt
95
135
88
214
217
218
206
183
154
179
179
Total Equity
- -
22.91
23.98
14.19
2.2
0.52
- -
- -
- -
- -
- -
Return on Invested Capital (%)
- -
26.18
25.99
16.06
2.16
0.34
- -
- -
- -
- -
- -
Return on Capital (%)
- -
34.99
41.42
24.01
1.32
0.2
-5.37
-12.07
-73.5
-7.5
- -
Return on Common Equity (%)

Capital Structure

CNY

•

in mil. unless spec.
Dec'24
Jun'25
Dec'25
ST Debt
80
206
208
LT Borrowings
2
29
19
LT Finance Leases
- -
- -
4
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
560
560
560
Market Capitalization
1,589
1,814
1,837

Working Capital

CNY

•

in mil. unless spec.
Dec'24
Jun'25
Dec'25
Total Current Assets
348
633
510
Cash, Cash Equivalents & STI
34
111
52
Accounts Receivable, Net
81
156
174
Inventories
9
72
91
Total Current Liabilities
303
475
423
Payables & Accruals
- -
- -
- -
ST Debt
80
206
208
Deferred Revenue
- -
- -
- -

Growth Rates

CNY

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
- -
-3.14%
16.6%
Free Cash Flow
- -
-222.25%
-374.3%
Net Income, GAAP
- -
-459.85%
-89.9%
Sales/Revenue/Turnover
- -
59.36%
318.56%
Total Cash Common Dividend
- -
- -
- -

Semi-annual Revenue

CNY

•

in mil. unless spec.

Year

H1
H2
FY
2023
- -
- -
379
2024
- -
- -
357
2025
- -
- -
1,494

Semi-annual Earnings Per Share

CNY

•

in mil. unless spec.

Year

H1
H2
FY
2023
- -
- -
-0.06
2024
- -
- -
-0.26
2025
- -
- -
-0.02

Semi-annual Dividends Per Share

CNY

•

in mil. unless spec.

Year

H1
H2
FY
2023
- -
- -
- -
2024
- -
- -
- -
2025
- -
- -
- -
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Business
Qian Xun Technology Limited, formerly known as Ruicheng (China) Media Group Limited, is an investment holding company primarily engaged in the provision of comprehensive advertising services and e-commerce business in the People's Republic of China. Its core business segments include television advertising services, online advertising on platforms such as websites, mobile applications, social media, and search engines, outdoor advertising on LED screens in buildings, metros, buses, and advertising light boxes, as well as advertising on radio, newspapers, livestream, and magazines. The company also operates an e-commerce segment focused on the sale of used electronic products and the provision of Software-as-a-Service (SaaS) solutions, reflecting its expansion beyond traditional media advertising. Founded in 2019 and headquartered in Beijing, China, Qian Xun Technology has recently undergone significant strategic developments. In 2024 and 2025, the company expanded its business portfolio through the acquisition of subsidiaries specializing in used electronics e-commerce, contributing to a robust revenue surge in this segment. A notable recent activity includes a non-legally binding memorandum of understanding to acquire Punk Code Technology Hong Kong Limited, signaling an intent to deepen its presence in technology and e-commerce services. Additionally, Qian Xun Technology entered into strategic partnerships, including one with AiZuJi, to develop innovative blockchain-based products such as the world's first "3C leasing asset tokenization" solutions in mobile phone and tablet leasing. The company's operations primarily target the domestic Chinese market but with growing influence in international arenas via its diversified advertising media and e-commerce platforms. Its strategic expansion into blockchain technology and real-world asset tokenization represents a significant operational shift aimed at leveraging emerging digital finance technologies. Qian Xun Technology’s comprehensive service scope and recent corporate maneuvers underscore its commitment to innovation and growth within the advertising and e-commerce industries. The company is listed on the Hong Kong Stock Exchange under the ticker 1640.HK.