E-Commodities Holdings Limited

E-Commodities Holdings Limited

HHKEX:1733
0.65
HKD
+0.01
(+1.56%)
2.46BMarket Cap
2013 Y
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
44.13
25.05
8.72
6.99
6.76
10.67
9.86
7.23
13.69
12.27
15.17
14.71
9.56
- -
Basic EPS, GAAP
-5.93
-12.25
-2.62
1.49
0.29
0.29
0.1
0.15
1.15
0.59
0.79
0.35
0.12
- -
Free Cash Flow per Basic Share
8.05
-8.37
-0.97
0.16
-0.18
-0.04
0.36
0.82
0.7
0.55
0.43
-0.14
-0.18
- -
Dividend per Share
- -
- -
- -
- -
0.12
0.03
0.07
- -
- -
0.38
0.15
0.2
0.09
- -
Book Value per Share
13.28
1
-5.27
0.61
0.85
1.06
1.07
1.3
2.39
2.41
3.14
3.22
3.4
3.4
Tangible Book Value per Share
-8.8
-0.85
-6.95
0.45
0.66
0.88
0.87
1.09
2.22
2.23
2.8
2.85
3.03
3.03
Basic Weighted Avg Shares
302
301
658
1,931
3,090
3,076
3,047
3,039
3,008
2,805
2,676
2,663
2,641
2,658
Sales/Revenue/Turnover
13,320
7,548
5,735
13,502
20,878
32,817
30,052
21,977
41,184
34,414
40,587
39,166
25,241
- -
Operating Margin (%)
-4.05
-6.42
-5.51
8.72
5.52
2.98
1.76
3.81
10.22
6.33
6.35
2.09
1.08
- -
Depreciation Expense
569
354
57
38
46
61
109
142
241
262
370
474
543
- -
Net Income, GAAP
-1,789
-3,693
-1,723
2,874
905
880
312
462
3,462
1,666
2,123
922
316
- -
Effective Tax Rate (%)
- -
- -
- -
3.18
10.74
3.32
3.74
18.05
14.12
16.38
17.58
8.99
1.82
- -
Profit Margin (%)
-13.43
-48.93
-30.04
21.28
4.33
2.68
1.04
2.1
8.41
4.84
5.23
2.35
1.25
- -
Working Capital
1,042
711
-2,426
1,062
1,861
2,121
552
529
3,766
3,253
3,787
2,667
2,620
2,620
LT Debt
5,580
2,364
27
40
230
100
116
249
130
334
506
506
270
270
Total Equity
5,997
383
-1,723
1,703
2,568
3,121
3,142
3,811
7,476
7,199
8,816
9,101
9,456
9,456
Return on Invested Capital (%)
- -
- -
- -
53.67
27.13
19.05
7.36
8.64
43.53
17.88
19.56
7.64
2.51
- -
Return on Capital (%)
- -
- -
- -
142.32
27.42
19.32
7.7
9.54
45.39
18.17
20.75
8.41
3.34
- -
Return on Common Equity (%)
-36.76
-171.39
- -
- -
40.09
29.71
9.6
12.86
62.08
23.55
27.54
10.74
3.56
- -

Capital Structure

HKD

•

in mil. unless spec.
Dec'24
Jun'25
Dec'25
ST Debt
2,303
1,648
3,102
LT Borrowings
191
130
44
LT Finance Leases
314
271
226
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
2,693
2,670
2,670
Market Capitalization
3,528
2,483
2,456

Working Capital

HKD

•

in mil. unless spec.
Dec'24
Jun'25
Dec'25
Total Current Assets
10,396
7,483
10,969
Cash, Cash Equivalents & STI
2,108
2,435
2,070
Accounts Receivable, Net
1,709
885
1,677
Inventories
2,033
550
2,534
Total Current Liabilities
7,729
4,832
8,349
Payables & Accruals
- -
- -
- -
ST Debt
2,303
1,648
3,102
Deferred Revenue
- -
- -
- -

Growth Rates

HKD

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
1.75%
24.42%
3.91%
Free Cash Flow
-163.57%
-35.07%
26.64%
Net Income, GAAP
14.75%
100.4%
-65.74%
Sales/Revenue/Turnover
26.18%
9.97%
-35.55%
Total Cash Common Dividend
- -
- -
-56.09%

Semi-annual Revenue

HKD

•

in mil. unless spec.

Year

H1
H2
FY
2023
- -
- -
40,587
2024
- -
- -
39,166
2025
- -
- -
25,241

Semi-annual Earnings Per Share

HKD

•

in mil. unless spec.

Year

H1
H2
FY
2023
- -
- -
0.79
2024
- -
- -
0.35
2025
- -
- -
0.12

Semi-annual Dividends Per Share

HKD

•

in mil. unless spec.

Year

H1
H2
FY
2023
- -
- -
0.15
2024
- -
- -
0.2
2025
- -
- -
0.09

Company Description

CEO
Xin Yi Cao
Full Time Employees
2,601
Sector
Energy minerals
Industry
Coal
Address
Tower B, Tianrun Fortune Center, Building 1 Beijing BE China 100005
IPO Date
Oct 11, 2010
Website
e-comm.com
Business
E-Commodities Holdings Limited (1733.HK) is a leading supplier of imported coking coal in China that engages in the processing and trading of coal and other products, including petrochemicals and bulk commodities; it also provides integrated supply chain services encompassing mining, logistics, warehousing, consigned processing, and digital integration of information, logistics, and capital flows. The company operates coal processing factories and logistics parks; procures, transports, stores, and markets coking coal globally; and offers multimodal transportation solutions, such as containerized services to minimize pollution and cargo damage. It serves external customers across trading and supply chain segments, with the majority of revenue derived from coal processing and trading activities. Incorporated in September 2007 and listed on the Hong Kong Stock Exchange main board in October 2010, E-Commodities Holdings Limited is headquartered in Hong Kong, with subsidiaries and offices spanning 11 countries and regions, including Singapore, Mongolia, Australia, Japan, mainland China (Beijing, Hengqin, Baotou), and others. Recent developments include the full acquisition of TTJV Co. LLC., Mongolia's leading mining services provider, in August 2024, extending upstream capabilities and contributing HK$393 million in revenue; the operational launch of Mandula port in June 2024; establishment of a joint venture with Xiamen Xiangyu to boost coal procurement and logistics in Mongolia; the world's first cross-border unmanned transportation project at Gants Mod port with expansions to other China-Mongolia borders; successful debt restructuring positioning China Minmetals as the second-largest shareholder; and a December 2024 property acquisition in Zhuhai for RMB141.58 million to support operations. In May 2025, the company entered a cooperation agreement with Bridge Mining Pte. Ltd., further strengthening strategic alliances.