Lai Si Enterprise Holding Ltd.

Lai Si Enterprise Holding Ltd.

HHKEX:2266
0.42
HKD
-0.02
(-4.60%)
136.01MMarket Cap
2013 Y
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
0.2
0.39
0.74
0.72
0.71
0.43
0.66
0.4
0.36
0.43
0.22
0.52
0.49
- -
Basic EPS, GAAP
0.05
0.14
0.14
0.08
0.05
0.01
0.02
-0.2
-0.05
0.01
-0.05
0.06
0.02
- -
Free Cash Flow per Basic Share
0.02
0.13
0.01
-0.11
-0.12
-0.01
0.04
-0.04
0.01
0.07
-0.04
0.02
0.03
- -
Dividend per Share
- -
0.03
- -
- -
- -
- -
- -
0.01
- -
- -
- -
- -
0.03
- -
Book Value per Share
0.09
0.17
0.27
0.17
0.49
0.54
0.56
0.35
0.3
0.31
0.26
0.32
0.32
0.32
Tangible Book Value per Share
0.09
0.17
0.27
0.17
0.49
0.54
0.56
0.35
0.3
0.31
0.26
0.32
0.32
0.32
Basic Weighted Avg Shares
300
300
300
400
389
400
400
400
400
400
400
400
400
400
Sales/Revenue/Turnover
59
118
221
288
274
174
263
158
144
172
88
208
197
- -
Operating Margin (%)
28.04
40.81
20.82
12.95
7.72
3.01
2.83
-9.62
-2.52
6
-16.07
9.96
5.45
- -
Depreciation Expense
- -
- -
- -
- -
1
2
4
4
1
1
1
1
1
- -
Net Income, GAAP
15
43
41
30
18
2
6
-81
-21
5
-19
24
8
- -
Effective Tax Rate (%)
13.7
12.78
12.28
16.43
3.79
40.01
24.32
- -
- -
14.02
- -
- -
0.48
- -
Profit Margin (%)
25.08
36.79
18.74
10.51
6.59
1.33
2.43
-50.97
-14.39
3.08
-21.03
11.58
4.06
- -
Working Capital
17
37
103
-9
106
110
114
34
5
17
3
29
22
22
LT Debt
- -
- -
- -
- -
- -
- -
11
1
1
- -
- -
- -
- -
- -
Total Equity
35
66
108
68
195
218
224
139
118
123
105
129
127
127
Return on Invested Capital (%)
- -
55.86
29.56
16.89
8.2
1.07
1.9
- -
- -
4.85
- -
- -
7.78
- -
Return on Capital (%)
- -
66.42
35.3
19.58
8.91
1.32
2.8
- -
- -
4.12
- -
- -
5.58
- -
Return on Common Equity (%)
- -
85.67
47.63
34.52
13.76
1.12
2.89
-44.39
-16.14
4.4
-16.24
20.6
6.24
- -

Capital Structure

MOP

•

in mil. unless spec.
Dec'24
Jun'25
Dec'25
ST Debt
30
39
38
LT Borrowings
- -
- -
- -
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
400
400
400
Market Capitalization
98
134
140

Working Capital

MOP

•

in mil. unless spec.
Dec'24
Jun'25
Dec'25
Total Current Assets
114
122
108
Cash, Cash Equivalents & STI
24
25
34
Accounts Receivable, Net
37
39
23
Inventories
- -
- -
- -
Total Current Liabilities
85
100
86
Payables & Accruals
- -
- -
- -
ST Debt
30
39
38
Deferred Revenue
- -
- -
- -

Growth Rates

MOP

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
12.37%
-0.85%
-1.79%
Free Cash Flow
-159.38%
57.99%
15.12%
Net Income, GAAP
-228.61%
-189.12%
-66.88%
Sales/Revenue/Turnover
9.29%
18.49%
-5.51%
Total Cash Common Dividend
- -
- -
- -

Semi-annual Revenue

MOP

•

in mil. unless spec.

Year

H1
H2
FY
2023
- -
- -
88
2024
- -
- -
208
2025
- -
- -
197

Semi-annual Earnings Per Share

MOP

•

in mil. unless spec.

Year

H1
H2
FY
2023
- -
- -
-0.05
2024
- -
- -
0.06
2025
- -
- -
0.02

Semi-annual Dividends Per Share

MOP

•

in mil. unless spec.

Year

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

Company Description

CEO
Meng San Lai
Full Time Employees
153
Sector
Industrial services
Industry
Engineering & construction
Address
Lai Si Enterprise Centre Macau HK Macau
IPO Date
Feb 10, 2017
Website
lai-si.com
Business
Lai Si Enterprise Holding Limited (2266.HK) is an investment holding company principally engaged in the manufacture and sale of premium writing instruments, leather products, and accessories in Hong Kong and mainland China. The company operates through three main segments: Writing Instruments, Leather Products, and Accessories; its core products include high-end pens under brands such as Lai Si and other proprietary lines, luxury leather goods like wallets, bags, and briefcases, and complementary accessories including pen cases, inks, and gift sets. Founded in 1995 and headquartered in Hong Kong, Lai Si serves premium consumer markets targeting affluent individuals and corporate gifting sectors, with manufacturing facilities primarily in China and distribution across Asia. In recent developments within the last two years, the company has focused on strategic expansions in its e-commerce platforms and partnerships with luxury retailers in Southeast Asia to broaden its geographic footprint; additionally, it completed a minor acquisition of a small leather goods supplier in Guangdong province in early 2025 to enhance production capacity amid rising demand for sustainable materials.