CPM Group Ltd.

CPM Group Ltd.

HHKEX:1932
0.15
HKD
-0.01
(-4.97%)
144.00MMarket Cap
CPM Group Ltd.
HKEX:1932
(Hong Kong Exchange)

Recent

price

0.15

P/E

ratio

- -

div

yld

- -

ROIC.AI

2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
TTM
HKD
1.51
1.16
1.25
1.14
0.62
0.71
0.71
0.84
0.64
0.47
0.32
0.24
- -
Revenue per Share
0.13
0.06
0.07
0.02
-0.14
-0.03
-0.01
-0.06
-0.1
-0.07
-0.05
-0.05
- -
Basic EPS, GAAP
-0.01
- -
-0.01
-0.21
-0.1
0.07
- -
- -
-0.06
0.08
-0.03
- -
- -
Free Cash Flow per Basic Share
- -
- -
- -
- -
- -
- -
0.01
0.01
- -
- -
- -
- -
- -
Dividend per Share
0.65
0.66
0.67
0.75
0.57
0.53
0.58
0.53
0.52
0.44
0.38
0.35
0.35
Book Value per Share
0.65
0.66
0.67
0.75
0.57
0.53
0.58
0.53
0.52
0.44
0.38
0.35
0.35
Tangible Book Value per Share
750
750
750
870
1,000
1,000
1,000
1,000
1,000
1,000
1,000
1,000
1,000
Basic Weighted Avg Shares
1,131
868
937
996
617
713
713
843
643
469
321
241
- -
Sales/Revenue/Turnover
11.71
8.37
9.72
4.04
-18.85
-5.25
2.32
-4.58
-5.84
1.93
-7.22
-6.34
- -
Operating Margin (%)
14
18
18
19
21
27
29
32
33
23
17
16
- -
Depreciation Expense
97
42
55
17
-139
-28
-11
-60
-98
-67
-48
-46
- -
Net Income, GAAP
23.71
31.97
24.3
27.9
- -
- -
- -
- -
- -
- -
- -
- -
- -
Effective Tax Rate (%)
8.6
4.9
5.91
1.74
-22.56
-3.93
-1.52
-7.07
-15.25
-14.31
-14.91
-19.07
- -
Profit Margin (%)
453
468
486
545
231
204
221
168
72
115
95
111
111
Working Capital
- -
- -
1
1
1
1
2
1
5
100
111
138
138
LT Debt
655
668
678
756
572
534
584
533
521
449
381
357
357
Total Equity
- -
5.95
8.47
3.59
- -
- -
- -
- -
- -
- -
- -
- -
- -
Return on Invested Capital (%)
- -
5.53
7.01
2.27
- -
- -
- -
- -
- -
- -
- -
- -
- -
Return on Capital (%)
- -
6.47
8.28
2.43
-21.07
-5.1
-1.94
-10.73
-18.72
-13.95
-11.66
-12.6
- -
Return on Common Equity (%)

Capital Structure

HKD

•

in mil. unless spec.
Dec'24
Jun'25
Dec'25
ST Debt
91
81
30
LT Borrowings
108
82
137
LT Finance Leases
3
2
1
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
1,000
1,000
1,000
Market Capitalization
250
172
144

Working Capital

HKD

•

in mil. unless spec.
Dec'24
Jun'25
Dec'25
Total Current Assets
365
283
281
Cash, Cash Equivalents & STI
169
115
144
Accounts Receivable, Net
102
76
63
Inventories
19
20
17
Total Current Liabilities
270
224
170
Payables & Accruals
- -
- -
- -
ST Debt
91
81
30
Deferred Revenue
- -
- -
- -

Growth Rates

HKD

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
-5.49%
-9.23%
-6.27%
Free Cash Flow
-89.32%
-576.71%
-88.8%
Net Income, GAAP
-63.14%
90.35%
-4.03%
Sales/Revenue/Turnover
-9.73%
-17.8%
-24.98%
Total Cash Common Dividend
- -
- -
- -

Semi-annual Revenue

HKD

•

in mil. unless spec.

Year

H1
H2
FY
2023
- -
- -
469
2024
- -
- -
321
2025
- -
- -
241

Semi-annual Earnings Per Share

HKD

•

in mil. unless spec.

Year

H1
H2
FY
2023
- -
- -
-0.07
2024
- -
- -
-0.05
2025
- -
- -
-0.05

Semi-annual Dividends Per Share

HKD

•

in mil. unless spec.

Year

H1
H2
FY
2023
- -
- -
- -
2024
- -
- -
- -
2025
- -
- -
- -
Business
CPM Group Limited (1932.HK) is an investment holding company principally engaged in the manufacture and sale of paint and coating products together with property investment in Hong Kong and Mainland China. The company offers a range of industrial paint and coating products for furniture painting, manufacturing, surface finishing, property renovation, infrastructure projects, and household applications; architectural paint and coating products; general paint and coating products including polyurethane coatings and baked enamels; and ancillary products such as titanium dioxide pigments for solvent-based paints, with distribution primarily in Mainland China and Hong Kong markets. Founded in 1932 and headquartered at CNT Tower, 31st Floor, Wan Chai, Hong Kong, CPM Group Limited is a subsidiary of CNT Group Limited and operates in the specialty chemicals sector with approximately 443 employees. In recent strategic developments, the company has continued the conversion of underutilised production facilities and office premises in Mainland China into investment properties to reduce manufacturing costs, administrative expenses, and optimise asset allocation, resulting in a 12.7% decrease in administrative expenses to HK$79.49 million and an increase in cash and cash equivalents to HK$169.25 million as of 31 December 2024. This ongoing business revamp amid economic challenges supported a total revenue of HK$321.35 million in 2024, primarily from paint and coating sales, while enhancing profitability and operating cash flow through improved management and operational efficiency.