GOGOX Holdings Limited

GOGOX Holdings Limited

HHKEX:2246
1.13
HKD
+0.01
(+0.89%)
286.06MMarket Cap
Apr 06Next Earn
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
7.36
8.91
8.62
10.74
15.36
12.02
10.5
10.41
- -
Basic EPS, GAAP
-17.4
-2.99
-10.69
-14.18
-23.95
-17.55
-3.07
-2.51
- -
Free Cash Flow per Basic Share
-6.36
-7.58
-2.07
-5.87
-6.05
-2.8
-2.08
-2.19
- -
Dividend per Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
Book Value per Share
-14.4
-17.85
-25.69
-33.72
24
7.67
4.76
2.29
4.76
Tangible Book Value per Share
-33.48
-36.68
-43.82
-51.41
6.21
3.78
2.6
1.15
2.6
Basic Weighted Avg Shares
62
62
62
62
50
63
63
64
63
Sales/Revenue/Turnover
453
548
530
661
773
753
660
671
- -
Operating Margin (%)
-180.18
-73.35
-35.33
-47.64
-118.86
-32.77
-17.47
-16.28
- -
Depreciation Expense
30
38
35
29
34
34
28
24
- -
Net Income, GAAP
-1,071
-184
-658
-873
-1,205
-1,100
-193
-161
- -
Effective Tax Rate (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
Profit Margin (%)
-236.33
-33.52
-124.1
-132.08
-155.89
-146.07
-29.23
-24.08
- -
Working Capital
-287
-349
-544
57
371
221
143
53
143
LT Debt
3
8
2
1
13
12
4
10
4
Total Equity
-886
-1,099
-1,581
-2,076
1,484
480
297
147
297
Return on Invested Capital (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
Return on Capital (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
Return on Common Equity (%)
- -
- -
- -
- -
- -
-111.85
-49.43
-71.72
- -

Capital Structure

CNY

•

in mil. unless spec.
Dec'23
Jun'24
Dec'24
ST Debt
15
12
10
LT Borrowings
- -
- -
- -
LT Finance Leases
12
7
4
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
63
63
63
Market Capitalization
- -
- -
269

Working Capital

CNY

•

in mil. unless spec.
Dec'23
Jun'24
Dec'24
Total Current Assets
587
521
457
Cash, Cash Equivalents & STI
406
365
271
Accounts Receivable, Net
84
73
82
Inventories
- -
- -
- -
Total Current Liabilities
366
327
314
Payables & Accruals
- -
- -
- -
ST Debt
15
12
10
Deferred Revenue
- -
- -
- -

Growth Rates

CNY

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
- -
-59.29%
-50.46%
Free Cash Flow
- -
21.49%
8.25%
Net Income, GAAP
- -
-7.37%
-16.32%
Sales/Revenue/Turnover
- -
5.65%
1.58%
Total Cash Common Dividend
- -
- -
- -

Semi-annual Revenue

CNY

•

in mil. unless spec.

Year

H1
H2
FY
2023
- -
- -
753
2024
- -
- -
660
2025
- -
- -
671

Semi-annual Earnings Per Share

CNY

•

in mil. unless spec.

Year

H1
H2
FY
2023
- -
- -
-17.55
2024
- -
- -
-3.07
2025
- -
- -
-2.51

Semi-annual Dividends Per Share

CNY

•

in mil. unless spec.

Year

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

Company Description

CEO
Hoi Yuen Lam
Full Time Employees
548
Sector
Transportation
Industry
Air freight/Couriers
Address
Building C, Room 212 Binhai Hi-tech Zone TI China
IPO Date
Jun 24, 2022
Business
GOGOX HOLDINGS LIMITED is a leading online intra-city logistics platform that provides on-demand freight and parcel delivery services across urban areas in Asia, leveraging mobile app technology to connect shippers with a network of courier partners and enterprise logistics solutions. The company operates under two primary brands: GOGOX in most markets outside Mainland China and Kuaigou Dache in Mainland China, delivering platform services, enterprise services, and value-added services to individual customers, small businesses, and large organizations. Main products and services: - Platform services: real-time ride-and-ship marketplace, price transparency, shipment tracking, and in-app booking across urban environments; integrated Transportation Management System capabilities for businesses; digital payment and invoicing features; end-to-end visibility for shipments. - Enterprise services: dedicated account management, high-volume logistics solutions, white-label and custom logistics offerings, API-based integrations for e-commerce and corporate clients, and scalable fulfillment support for omnichannel operations. - Value-added services: cold chain logistics enhancements for temperature-sensitive goods, insurance brokerage and risk management support, cargo claim handling and compensation facilitation, maintenance and repair services related to fleet operations, fuel card arrangements, and professional IT and consultancy services supporting logistics deployments. - Related capabilities: data analytics and performance reporting, cross-border coordination in select markets, and ancillary services such as rental of logistics assets and property-related holdings through corporate structures. Geographic operations: - Asia-centric footprint, with presence in Mainland China, Hong Kong, Singapore, Korea, India, Vietnam, and other Asian markets; operations extend to hundreds of cities within these regions, reflecting a broad intra-city logistics network and regional enterprise service deployment. Founding year and headquarters: - Founded in 2013 (historical reference), with headquarters in Hong Kong, China, and corporate listings under the ticker 2246.HK, reflecting its status as a significant Asia-focused logistics platform. Subsidiaries and brand structure: - Operates two major brands in the region: GOGOX (across multiple Asian markets) and Kuaigou Dache (in Mainland China), underpinning its dual-brand strategy to capture differing regulatory and market dynamics across geographies. Industry and business segments: - Industry: on-demand intra-city logistics and last-mile delivery. - Segments include platform marketplace services, enterprise logistics solutions, and value-added services (insurance, cold-chain, maintenance, and IT/consulting support). Target markets and customer types: - Individuals and small to mid-size enterprises requiring flexible, on-demand delivery; large corporate clients seeking scalable, integrated logistics solutions; e-commerce and retail partners requiring reliable last-mile fulfillment and cross-border coordination where available. Recent major changes (latest 1–2 years): - Strategic focus on accelerating growth in overseas markets and leveraging technology to enhance efficiency; emphasis on cross-border opportunities, including expansion plans in high-potential markets such as India, and continued refinement of a Transportation Management System to optimize operations; ongoing enhancements to the GGXB platform with multi-user capabilities for corporate clients. - Ongoing product and service evolution, including enhancements to cold-chain capabilities in Korea and improvements to enterprise platforms to support multi-user access and centralized order management for organizations; expansion of platform features to improve shipment visibility, pricing, and operational efficiency. - Corporate actions include brand and structural refinements, potential partnerships or alliances to expand geographic reach and service offerings, and continued investment in technology-driven logistics infrastructure to support growing demand in major Asian markets. Notes on corporate relationships: - The group operates within a public-listed framework in Hong Kong, with connections to regional subsidiaries and potential parent-company governance that supports its two-brand strategy and geographic diversification. In sum, GOGOX Holdings Limited positions itself as a comprehensive urban logistics platform delivering end-to-end intra-city transportation and logistics services, leveraging its dual-brand presence and advanced platform capabilities to serve a diverse set of customers across Asia, while pursuing strategic expansion and product enhancements to maintain leadership in the high-growth last-mile segment.