A.Plus Group Holdings Limited

A.Plus Group Holdings Limited

HHKEX:1841
0.46
HKD
+0.00
(-1.09%)
0.10EPS
5.53P/E
232.00MMarket 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
0.16
0.32
0.25
0.33
0.41
0.4
0.37
0.34
0.32
0.32
0.31
0.24
0.41
Basic EPS, GAAP
0.02
0.07
0.03
0.07
0.1
0.07
0.06
0.07
0.03
0.05
0.02
- -
0.1
Free Cash Flow per Basic Share
0.03
0.06
0.04
0.03
0.09
0.06
0.1
0.06
0.03
0.06
0.03
- -
- -
Dividend per Share
- -
- -
0.05
- -
- -
0.03
0.13
- -
0.15
0.08
- -
- -
- -
Book Value per Share
0.06
0.09
0.11
0.25
0.35
0.39
0.33
0.4
0.28
0.25
0.27
0.27
0.38
Tangible Book Value per Share
0.06
0.09
0.09
0.22
0.32
0.37
0.3
0.37
0.25
0.22
0.24
0.24
0.35
Basic Weighted Avg Shares
400
252
400
395
400
400
400
400
400
400
400
400
400
Sales/Revenue/Turnover
65
82
100
129
164
160
147
134
128
129
125
98
165
Operating Margin (%)
17.64
23.98
18.07
25.62
28.31
21.86
20.88
23.93
14.82
14.39
6.6
-2.52
28.57
Depreciation Expense
2
2
1
2
4
4
8
6
10
10
8
5
- -
Net Income, GAAP
9
17
13
28
41
28
26
28
12
20
9
-2
42
Effective Tax Rate (%)
16.5
16.5
25.77
16.38
16.35
17.87
15.3
12.93
15.03
13.65
10.23
- -
16.03
Profit Margin (%)
14.54
20.23
13.42
21.42
24.75
17.36
17.69
20.53
9.2
15.51
6.89
-1.63
25.37
Working Capital
23
34
32
78
120
139
118
132
87
84
91
94
135
LT Debt
- -
- -
- -
- -
- -
- -
- -
6
2
- -
2
- -
- -
Total Equity
26
36
46
99
140
157
133
161
113
101
109
108
153
Return on Invested Capital (%)
- -
53.46
32.41
38.73
34.51
18.47
17.41
18.39
8.55
18.09
6.2
- -
28.48
Return on Capital (%)
- -
53.76
32.68
38.11
34.09
18.67
17.85
18.16
8.26
18.16
8.18
- -
30.72
Return on Common Equity (%)
- -
53.76
32.68
38.11
34.09
18.67
17.83
18.75
8.59
18.74
8.2
-1.47
30.72

Capital Structure

HKD

•

in mil. unless spec.
Mar'18
Jun'19
Sep'19
ST Debt
- -
- -
- -
LT Borrowings
- -
- -
- -
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
400
400
400
Market Capitalization
304
336
232

Working Capital

HKD

•

in mil. unless spec.
Mar'18
Jun'19
Sep'19
Total Current Assets
146
- -
167
Cash, Cash Equivalents & STI
101
- -
122
Accounts Receivable, Net
43
- -
37
Inventories
- -
- -
- -
Total Current Liabilities
26
- -
32
Payables & Accruals
- -
- -
- -
ST Debt
- -
- -
- -
Deferred Revenue
- -
- -
- -

Growth Rates

HKD

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
16.87%
-2.57%
-1.46%
Free Cash Flow
5.79%
-24.47%
-111.57%
Net Income, GAAP
-6.02%
-31.27%
-118.51%
Sales/Revenue/Turnover
3.05%
-7.41%
-21.77%
Total Cash Common Dividend
- -
- -
- -

Semi-annual Revenue

HKD

•

in mil. unless spec.

Year

H1
H2
FY
2024
- -
- -
125
2025
- -
- -
98
2026
- -
- -
- -

Semi-annual Earnings Per Share

HKD

•

in mil. unless spec.

Year

H1
H2
FY
2024
- -
- -
0.02
2025
- -
- -
- -
2026
- -
- -
- -

Semi-annual Dividends Per Share

HKD

•

in mil. unless spec.

Year

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

Company Description

CEO
Wing Kong Fong
Full Time Employees
72
Sector
Commercial services
Industry
Commercial printing/Forms
Address
35-45B Bonham Strand Hong Kong Hong Kong
IPO Date
Apr 19, 2016
Business
A.Plus Group Holdings Limited, an investment holding company listed on the Growth Enterprise Market of The Stock Exchange of Hong Kong Limited (stock code: 1841.HK), provides financial printing services in Hong Kong under the A.Plus and API brand names. Founded in 2002 and headquartered at 2/F, 35-45B Bonham Strand, Sheung Wan, Hong Kong, the company operates through wholly-owned subsidiaries A.Plus Financial Press Limited and A.Plus International Corporation Limited, serving primarily companies listed on the Stock Exchange of Hong Kong. It offers integrated typesetting, design, translation, printing, and delivery services for financial reports, company announcements, shareholder circulars, debt offering circulars, IPO prospectuses, and fund documents; additional services include designing, production, and standalone translations of reports, newsletters, leaflets, and brochures. The company employs around 72 to 74 people and focuses on maintaining long-term customer relationships through stable sales and account service teams, with all operations concentrated in Hong Kong. In recent developments, A.Plus Group Holdings reported its unaudited interim results for the six months ending September 30, 2025, reflecting ongoing financial performance amid stable revenue around HKD 125 million for the year ended March 2024; it also noted reduced capital expenditures of HKD 6 million for the year ended December 2024 due to fewer equipment acquisitions.