Hongxing Coldchain (Hunan) Co., Ltd. Class H

Hongxing Coldchain (Hunan) Co., Ltd. Class H

HHKEX:1641
3.22
HKD
-0.03
(-0.92%)
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
2.41
2.05
2.38
2.41
- -
Basic EPS, GAAP
0.81
0.77
0.84
0.78
- -
Free Cash Flow per Basic Share
2.23
-1.21
0.15
1.28
- -
Dividend per Share
0.31
0.31
1.37
0.46
- -
Book Value per Share
8.51
8.97
8.39
8.76
8.76
Tangible Book Value per Share
8.5
8.97
8.39
8.76
8.76
Basic Weighted Avg Shares
98
98
98
98
75
Sales/Revenue/Turnover
237
202
234
237
- -
Operating Margin (%)
42.63
48.9
45.64
44.67
- -
Depreciation Expense
35
33
44
51
- -
Net Income, GAAP
79
75
83
76
- -
Effective Tax Rate (%)
24.31
25.39
25.49
26.1
- -
Profit Margin (%)
33.42
37.33
35.48
32.27
- -
Working Capital
96
-93
-58
54
54
LT Debt
- -
156
203
194
194
Total Equity
836
882
824
861
861
Return on Invested Capital (%)
- -
7.7
7.71
7.36
- -
Return on Capital (%)
- -
8.04
8.09
7.57
- -
Return on Common Equity (%)
- -
8.77
9.72
9.06
- -

Capital Structure

CNY

•

in mil. unless spec.
Jun'25
Dec'25
ST Debt
10
11
LT Borrowings
198
194
LT Finance Leases
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
Shares Outstanding
98
98
Market Capitalization
- -
- -

Working Capital

CNY

•

in mil. unless spec.
Jun'25
Dec'25
Total Current Assets
154
176
Cash, Cash Equivalents & STI
122
138
Accounts Receivable, Net
18
13
Inventories
- -
- -
Total Current Liabilities
152
122
Payables & Accruals
- -
- -
ST Debt
10
11
Deferred Revenue
- -
- -

Growth Rates

CNY

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
- -
- -
4.41%
Free Cash Flow
- -
- -
766.89%
Net Income, GAAP
- -
- -
-7.92%
Sales/Revenue/Turnover
- -
- -
1.25%
Total Cash Common Dividend
- -
- -
-66.35%

Semi-annual Revenue

CNY

•

in mil. unless spec.

Year

H1
H2
FY
2023
- -
- -
202
2024
- -
- -
234
2025
- -
- -
237

Semi-annual Earnings Per Share

CNY

•

in mil. unless spec.

Year

H1
H2
FY
2023
- -
- -
0.77
2024
- -
- -
0.84
2025
- -
- -
0.78

Semi-annual Dividends Per Share

CNY

•

in mil. unless spec.

Year

H1
H2
FY
2023
- -
- -
0.31
2024
- -
- -
1.37
2025
- -
- -
0.46

Company Description

CEO
Hua Zhong Xu
Full Time Employees
349
Sector
Distribution services
Industry
Food distributors
Address
No. 21, Section 1 Changsha HU China
IPO Date
Jan 13, 2026
Website
hnhxld.com
Business
Hongxing Coldchain (Hunan) Co., Ltd. operates as a cold-chain logistics provider focused on frozen food warehousing and related services, headquartered in Changsha, Hunan, China, and founded in 2006. The company offers frozen food storage capacity and comprehensive warehouse management services, including goods sorting, categorization and packaging, inventory counting and tracking, inbound and outbound recording, and associated fire safety and environmental risk management, serving frozen food wholesalers and retailers with rental or storage fees based on capacity and utilization. It maintains self-operated storage facilities with multiple bases in Changsha and operates a self-operated trading platform for client rental and wholesale activity, positioning itself as a core hub in Hunan’s frozen food logistics ecosystem. Hongxing Coldchain seeks to expand through the addition of processing capabilities and vertical integration, including plans to construct a new processing plant to provide value-added services such as cutting, portioning, thawing, quick-freezing, sterilization, and vacuum packaging, with a target to increase total usable storage capacity and broaden service offerings. The company intends to extend its southern base and pursue strategic acquisitions and partnerships to enhance integration with upstream logistics providers and downstream food manufacturers, while pursuing AI-enabled operational enhancements and digital tools to improve efficiency and visibility for customers. The business operates primarily in the People’s Republic of China, with all operating entities domiciled there and all non-current assets located in the Mainland, and is listed on the Hong Kong Stock Exchange under the ticker 1641.HK, with a primary market focus on frozen food storage, warehousing, and related value-added services.