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    Distribution services

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    Wholesale distributors
Heng Hup Holdings Ltd.

Heng Hup Holdings Ltd.

HHKEX:1891
0.17
HKD
-0.02
(-13.16%)
183.00MMarket Cap
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
0.43
0.38
0.74
0.89
1.04
0.87
1.42
1.4
1.35
1.71
1.46
- -
Basic EPS, GAAP
0.01
0.01
0.02
0.02
0.01
0.01
0.03
- -
0.01
0.03
0.01
- -
Free Cash Flow per Basic Share
- -
- -
0.01
- -
-0.01
-0.02
-0.01
-0.01
-0.05
0.06
- -
- -
Dividend per Share
- -
0.01
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Book Value per Share
0.04
0.05
0.07
0.12
0.18
0.18
0.21
0.2
0.21
0.24
0.25
0.24
Tangible Book Value per Share
0.04
0.05
0.07
0.12
0.18
0.18
0.21
0.2
0.21
0.24
0.25
0.24
Basic Weighted Avg Shares
1,000
1,000
1,000
1,000
950
1,000
1,000
1,000
1,000
1,000
1,000
1,000
Sales/Revenue/Turnover
430
379
739
894
991
868
1,418
1,405
1,347
1,707
1,455
- -
Operating Margin (%)
4.1
4.57
4.1
2.57
1.27
1.54
2.52
0.42
1.26
2.21
1.31
- -
Depreciation Expense
3
3
2
2
3
4
5
7
8
10
11
- -
Net Income, GAAP
14
12
23
25
7
8
25
2
9
25
15
- -
Effective Tax Rate (%)
26.49
24.95
25.34
23.71
43.87
33.8
28.5
65.5
42.59
34.45
39.16
- -
Profit Margin (%)
3.17
3.19
3.09
2.75
0.67
0.97
1.8
0.17
0.63
1.49
1
- -
Working Capital
28
31
57
99
154
154
174
149
151
165
168
165
LT Debt
8
7
7
5
6
6
5
14
19
20
16
20
Total Equity
43
47
70
117
176
184
207
204
213
235
246
235
Return on Invested Capital (%)
- -
20.06
31.57
22.91
4.64
4.9
11.79
0.89
3.56
7.72
3.77
- -
Return on Capital (%)
- -
21.32
32.4
23.8
4.48
4.55
11.95
1.65
3.89
10.24
6.23
- -
Return on Common Equity (%)
- -
26.73
38.99
26.28
4.55
4.66
13.03
1.16
4.09
11.27
5.94
- -

Capital Structure

MYR

•

in mil. unless spec.
Dec'23
Jun'24
Dec'24
ST Debt
89
98
70
LT Borrowings
14
16
14
LT Finance Leases
5
5
6
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
1,000
1,000
1,000
Market Capitalization
117
73
105

Working Capital

MYR

•

in mil. unless spec.
Dec'23
Jun'24
Dec'24
Total Current Assets
301
325
290
Cash, Cash Equivalents & STI
20
47
45
Accounts Receivable, Net
186
179
165
Inventories
68
70
56
Total Current Liabilities
150
164
125
Payables & Accruals
- -
- -
- -
ST Debt
89
98
70
Deferred Revenue
- -
- -
- -

Growth Rates

MYR

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
20.98%
6.02%
4.64%
Free Cash Flow
240.87%
14.9%
-92.48%
Net Income, GAAP
56.56%
105.42%
-42.74%
Sales/Revenue/Turnover
17.31%
14.05%
-14.72%
Total Cash Common Dividend
- -
- -
- -

Semi-annual Revenue

MYR

•

in mil. unless spec.

Year

H1
H2
FY
2023
- -
- -
1,347
2024
- -
- -
1,707
2025
- -
- -
1,455

Semi-annual Earnings Per Share

MYR

•

in mil. unless spec.

Year

H1
H2
FY
2023
- -
- -
0.01
2024
- -
- -
0.03
2025
- -
- -
0.01

Semi-annual Dividends Per Share

MYR

•

in mil. unless spec.

Year

H1
H2
FY
2023
- -
- -
- -
2024
- -
- -
- -
2025
- -
- -
- -

Company Description

Company Profile APIChatGPT
CEO
Kok Chin Sia
Full Time Employees
380
Sector
Distribution services
Industry
Wholesale distributors
Address
A-10-09, Oasis Square Petaling Jaya SE Malaysia 47301
IPO Date
Mar 15, 2019
Website
henghup.com
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Business
Heng Hup Holdings Limited Heng Hup Holdings Limited (1891.HK) is a Cayman Islands-incorporated investment holding company primarily engaged in the trading and recycling of scrap ferrous metals, used batteries, waste paper, iron ore and other recyclable scraps in Malaysia. The group operates a network of scrapyards equipped with processing facilities for ferrous metals, including three main scrapyards with an aggregate land area of approximately 61,000 square meters and additional wastepaper yards in Melaka and Johor, supported by feeder yards nationwide for sourcing materials; it processes scrap ferrous metals to steel mill specifications for scrapyard sales or procures processed scraps from third-party yards for direct delivery sales, while also handling non-ferrous metals, rerolling, mineral trading and metallurgical processing of iron and steel. Founded in 1996 and headquartered at A-10-09, Oasis Square, Jalan PJU 1A/7A, Ara Damansara, 47301 Petaling Jaya, Selangor, Malaysia, with a principal place of business in Hong Kong, the company serves domestic steel mills and recycling markets as a subsidiary of 5S Holdings (BVI) Limited, employing around 354 to 371 staff and ranking first in trading volume with Malaysian steel mills as of 2017 with approximately 20.8% market share. In recent developments, Heng Hup enters into the 2025 Lek Seng Master Purchase Agreement and 2025 Chye Seng Huat Trading Master Purchase Agreement, effective from 1 January 2025 for three years, to procure scrap ferrous metals, used batteries and waste paper from connected parties including Lek Seng, Lek Seng Metal Sdn. Bhd., Chye Seng Huat Trading, Chye Seng Huat Sdn. Bhd., Soon Lee Metal Sdn. Bhd. and Shun Kuan Recycle Sdn. Bhd., with proposed annual caps rising to RM72.6 million and RM70.0 million by 2027 respectively to support business growth; it expands via new scrapyards in northern Malaysia such as Sungai Petani, Kedah, and launches steel slag recycling and iron ore trading through subsidiaries East China Metallurgy Sdn. Bhd. and Heng Hup Resources Sdn. Bhd., aligning with a projected 5.6% CAGR in Malaysia's metal scrap recycling market through 2028.