Huaxi Holdings Co. Ltd.

Huaxi Holdings Co. Ltd.

HHKEX:1689
0.45
HKD
+0.01
(+2.30%)
305.12MMarket Cap
Huaxi Holdings Co. Ltd.
HKEX:1689
(Hong Kong Exchange)

Recent

price

0.45

P/E

ratio

- -

div

yld

- -

ROIC.AI

2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
TTM
HKD
0.58
0.51
0.46
0.37
0.38
0.31
0.38
0.53
0.58
0.28
0.22
0.2
0.21
- -
Revenue per Share
0.09
0.11
0.11
0.07
0.07
0.05
0.08
0.13
0.05
-0.08
-0.06
-0.16
-0.05
- -
Basic EPS, GAAP
0.06
0.05
0.07
0.06
0.03
0.1
0.14
-0.02
0.05
0.04
- -
0.02
0.04
- -
Free Cash Flow per Basic Share
- -
0.12
0.05
0.06
0.05
0.05
0.04
0.08
0.08
- -
- -
- -
- -
- -
Dividend per Share
0.25
0.37
0.47
0.45
0.45
0.5
0.54
0.66
0.65
0.52
0.46
0.29
0.25
0.25
Book Value per Share
0.25
0.37
0.47
0.45
0.45
0.5
0.51
0.65
0.64
0.52
0.45
0.29
0.25
0.25
Tangible Book Value per Share
480
524
653
679
679
679
688
701
701
701
701
701
701
701
Basic Weighted Avg Shares
279
265
298
252
260
209
262
373
405
195
155
144
149
- -
Sales/Revenue/Turnover
19.38
26.01
27.11
23.49
20.1
21.42
22.1
29.02
16.08
-1.42
-8.65
-24.24
7.8
- -
Operating Margin (%)
5
6
6
6
5
5
8
16
13
10
11
9
8
- -
Depreciation Expense
45
57
71
45
48
32
56
94
37
-53
-41
-111
-34
- -
Net Income, GAAP
20.48
21.38
18.64
22.5
26.91
22.55
19.72
20.11
23.47
- -
- -
- -
- -
- -
Effective Tax Rate (%)
16.04
21.36
23.71
17.86
18.52
15.41
21.47
25.25
9.14
-27.3
-26.5
-77.04
-22.85
- -
Profit Margin (%)
99
179
257
254
260
290
301
390
406
255
175
120
98
98
Working Capital
- -
- -
- -
- -
- -
- -
- -
- -
2
- -
1
1
1
1
LT Debt
150
233
324
313
303
334
367
457
451
361
315
198
170
170
Total Equity
- -
27.31
22.95
11.92
11.18
7.08
12.24
20.62
7.1
- -
- -
- -
- -
- -
Return on Invested Capital (%)
- -
29.58
25.52
15.08
16.73
9.02
15.15
23.08
8.23
- -
- -
- -
- -
- -
Return on Capital (%)
- -
29.58
25.75
14.43
15.7
10.01
15.85
22.58
8.04
-12.88
-11.95
-42.1
-17.85
- -
Return on Common Equity (%)

Capital Structure

HKD

•

in mil. unless spec.
Dec'24
Jun'25
Dec'25
ST Debt
13
2
2
LT Borrowings
- -
- -
- -
LT Finance Leases
1
1
1
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
701
701
701
Market Capitalization
358
463
305

Working Capital

HKD

•

in mil. unless spec.
Dec'24
Jun'25
Dec'25
Total Current Assets
268
252
227
Cash, Cash Equivalents & STI
39
29
57
Accounts Receivable, Net
144
144
91
Inventories
24
20
21
Total Current Liabilities
148
126
128
Payables & Accruals
- -
- -
- -
ST Debt
13
2
2
Deferred Revenue
- -
- -
- -

Growth Rates

HKD

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
-4.72%
-17.07%
-14.06%
Free Cash Flow
-89.94%
-203.85%
107.4%
Net Income, GAAP
-14.73%
-45.42%
-69.3%
Sales/Revenue/Turnover
-3.17%
-13.52%
3.54%
Total Cash Common Dividend
- -
- -
- -

Semi-annual Revenue

HKD

•

in mil. unless spec.

Year

H1
H2
FY
2023
- -
- -
155
2024
- -
- -
144
2025
- -
- -
149

Semi-annual Earnings Per Share

HKD

•

in mil. unless spec.

Year

H1
H2
FY
2023
- -
- -
-0.06
2024
- -
- -
-0.16
2025
- -
- -
-0.05

Semi-annual Dividends Per Share

HKD

•

in mil. unless spec.

Year

H1
H2
FY
2023
- -
- -
- -
2024
- -
- -
- -
2025
- -
- -
- -
Business
Huaxi Holdings Company Limited engages primarily in the design, manufacture, printing, and sale of cigarette-related packaging materials in the People's Republic of China. Its core product portfolio includes inner frames, cigarette box frames, tipping papers, cigarette trademark labels, cigarette paper boxes, and various cigarette packaging components. The company operates mainly through two business segments: the Cigarette Packaging Business and the Environmental Treatment Business. The latter involves environmental protection construction works, pollution treatment services, ecological restoration projects, and agricultural science and technology services. Founded in 1992 and headquartered in Central, Hong Kong, Huaxi Holdings conducts its manufacturing and sales primarily in China through subsidiaries located in Shantou, Guangdong, and Shanghai. In recent years, Huaxi Holdings has strategically diversified from its traditional tobacco packaging focus to include environmental and ecological restoration activities, which marked a pivotal shift starting around 2016. Financial results for 2024 and the first half of 2025 show a revenue increase driven by both business segments, with cigarette packaging remaining the main revenue source and environmental treatment recording significant growth. Key operational improvements include a turnaround to gross profitability in the environmental segment as construction projects reached completion and cost efficiencies improved. The company reported substantial reductions in operating losses and net losses in recent reporting periods. Huaxi Holdings' shares continue to trade on the Hong Kong Stock Exchange under ticker 1689.HK, with ongoing efforts to stabilize and grow amid evolving market conditions. Overall, Huaxi Holdings functions as an integrated packaging and environmental services provider focused on the PRC market, leveraging its manufacturing expertise in tobacco packaging alongside its growing capabilities in environmental treatment and ecological restoration. Its strategic expansion beyond tobacco packaging into green environmental technologies and services represents its latest major operational and business shift, supporting sustainable growth prospects. The company remains publicly listed with a strong regional footprint and diversification strategy actively unfolding through new project completions and improved financial performance.