1. Hong Kong Stocks

  2. •

    Electronic technology

  3. •

    Electronic production equipment
Ten Pao Group Holdings Limited

Ten Pao Group Holdings Limited

HHKEX:1979
1.33
HKD
-0.02
(-1.48%)
2.22BMarket Cap
Mar 19Next Earn
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
1.93
2.95
2.58
3.01
3.2
3.63
4.49
6.36
5.42
4.68
5.23
5.39
- -
Basic EPS, GAAP
0.05
0.17
0.19
0.16
0.06
0.18
0.29
0.38
0.29
0.32
0.37
0.37
- -
Free Cash Flow per Basic Share
0.08
-0.09
0.09
0.03
0.02
0.03
0.28
-0.34
0.36
0.17
0.41
0.02
- -
Dividend per Share
- -
0.01
0.04
0.06
0.02
0.05
0.06
0.11
0.06
0.06
0.15
0.12
- -
Book Value per Share
0.37
0.33
0.45
0.59
0.58
0.69
1
1.3
1.37
1.61
1.8
2.12
2.12
Tangible Book Value per Share
0.36
0.32
0.44
0.58
0.57
0.67
0.88
1.17
1.22
1.43
1.63
1.97
1.97
Basic Weighted Avg Shares
1,000
764
1,000
1,000
1,000
1,000
1,000
1,000
1,012
1,030
1,030
1,030
1,030
Sales/Revenue/Turnover
1,931
2,256
2,583
3,007
3,202
3,636
4,489
6,363
5,481
4,823
5,386
5,559
- -
Operating Margin (%)
7.46
5.89
9.86
7.35
2.47
6.43
9.25
7.39
6.17
7.5
7.39
7.1
- -
Depreciation Expense
36
47
56
63
80
81
90
128
154
169
156
161
- -
Net Income, GAAP
55
128
194
158
55
177
289
379
297
329
384
381
- -
Effective Tax Rate (%)
38.21
15.73
25.99
21.57
18.38
18.65
22.79
14.98
15.71
15.39
10.18
10.75
- -
Profit Margin (%)
2.83
5.66
7.51
5.24
1.73
4.86
6.44
5.95
5.42
6.82
7.13
6.85
- -
Working Capital
258
130
226
273
216
229
425
347
438
343
350
417
417
LT Debt
28
88
39
68
60
47
92
262
220
49
43
33
33
Total Equity
368
325
454
592
583
695
1,001
1,309
1,413
1,651
1,852
2,178
2,178
Return on Invested Capital (%)
- -
23.67
30.62
21.45
7.73
21.93
26.22
23.55
15.89
15.49
15.23
13.49
- -
Return on Capital (%)
- -
26.4
34.08
22.98
7.99
22.22
27.05
23.17
16.25
15.92
15.93
14.08
- -
Return on Common Equity (%)
- -
36.78
49.81
30.12
9.43
27.66
34.08
32.96
21.92
21.43
21.87
18.86
- -

Capital Structure

HKD

•

in mil. unless spec.
Dec'24
Jun'25
Dec'25
ST Debt
662
624
807
LT Borrowings
- -
- -
- -
LT Finance Leases
43
40
33
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
1,030
1,030
1,030
Market Capitalization
1,546
1,752
2,215

Working Capital

HKD

•

in mil. unless spec.
Dec'24
Jun'25
Dec'25
Total Current Assets
3,731
3,229
3,591
Cash, Cash Equivalents & STI
328
199
282
Accounts Receivable, Net
1,452
1,522
1,391
Inventories
1,037
851
955
Total Current Liabilities
3,381
2,891
3,174
Payables & Accruals
- -
- -
- -
ST Debt
662
624
807
Deferred Revenue
- -
- -
- -

Growth Rates

HKD

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
21.7%
17.07%
17.61%
Free Cash Flow
6.95%
-87.13%
-95.43%
Net Income, GAAP
28.7%
7.21%
-0.85%
Sales/Revenue/Turnover
10.52%
6.15%
3.21%
Total Cash Common Dividend
58.68%
35.82%
-17.57%

Semi-annual Revenue

HKD

•

in mil. unless spec.

Year

H1
H2
FY
2023
- -
- -
4,823
2024
- -
- -
5,386
2025
- -
- -
5,559

Semi-annual Earnings Per Share

HKD

•

in mil. unless spec.

Year

H1
H2
FY
2023
- -
- -
0.32
2024
- -
- -
0.37
2025
- -
- -
0.37

Semi-annual Dividends Per Share

HKD

•

in mil. unless spec.

Year

H1
H2
FY
2023
- -
- -
0.06
2024
- -
- -
0.15
2025
- -
- -
0.12

Company Description

Company Profile APIChatGPT
CEO
Kwong Yee Hung
Full Time Employees
8,000
Sector
Electronic technology
Industry
Electronic production equipment
Address
Kwong Sang Hong Centre Hong Kong HK Hong Kong
IPO Date
Dec 11, 2015
Website
tenpao.com
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Business
Ten Pao Group Holdings Limited Ten Pao Group Holdings Limited is an investment holding company engaged in the development, manufacture, and sale of switching power supply units, smart chargers, controllers, and related electric charging products for consumer and industrial applications. The company operates through six main segments including Smart Chargers and Controllers, Telecommunication, New Energy Business, Media and Entertainment, Lighting, and Others; its core offerings encompass quick chargers, wireless chargers, adapters, LED power supply products, electric vehicle chargers, power inverters, switched-mode power supply units, power tools chargers, portable power stations, and MPPT solutions, serving clients in security systems, industrial automation, machinery, electrical equipment, communication devices, audio-video products, and electrical home appliances. Founded in 1979 and headquartered in Kwun Tong, Hong Kong, Ten Pao maintains manufacturing facilities in China (Huizhou Shuikou, Dazhou), Hungary, Vietnam (Binh Duong Province), and Mexico, with global sales across the People's Republic of China, Europe, the rest of Asia, the United States, Africa, and other international markets; the company employs approximately 7,600 to 8,000 people and supports over 750 R&D engineers focused on intelligent, efficient, safe, and reliable power solutions. In recent developments, Ten Pao expanded its new energy business with a 37.4% projected growth from 2024 to 2028, particularly in energy storage products, and entered the Thai market in April 2025 through participation in electric two-wheeler battery swapping stations and fast charging piles project initiated by Mile Green, Wonder Capital, and affiliates of the Charoen Pokphand Group. The company reported a 19.3% revenue increase to HK$2.95 billion and 20.4% net profit growth to HK$212 million for the first half of 2025, driven by industrial power supply and new energy segments, alongside strategic expansions into AI computing power supply, high-end intelligent controllers, and AI humanoid robot smart chargers showcased at the 2025 Hong Kong Electronics Fair; ongoing initiatives include global production enhancements with a new intelligent manufacturing industrial park in Huizhou (Phase 1 operational), Vietnam base expansions, Mexico site setups, and advancements in green factory certifications and intelligent automation.