Jiu Rong Holdings Limited

Jiu Rong Holdings Limited

HHKEX:2358
0.01
HKD
+0.00
(+10.00%)
82.08MMarket Cap
2012 Y
2013 Y
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
TTM
Revenue per Share
0.01
0.02
0.06
0.06
0.03
0.05
0.1
0.11
0.13
0.23
0.15
0.09
0.14
- -
Basic EPS, GAAP
0.01
-0.02
- -
-0.01
-0.01
0.01
0.01
- -
- -
- -
-0.02
-0.07
-0.01
- -
Free Cash Flow per Basic Share
- -
-0.01
-0.01
- -
-0.01
-0.12
0.01
0.1
-0.03
-0.03
- -
- -
-0.07
- -
Dividend per Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Book Value per Share
-0.35
0.05
0.05
0.04
0.04
0.08
0.09
0.1
0.1
0.11
0.09
0.02
0.01
0.01
Tangible Book Value per Share
-0.36
0.04
0.04
0.03
0.04
0.08
0.09
0.1
0.1
0.11
0.09
0.02
0.01
0.01
Basic Weighted Avg Shares
1,709
1,738
3,800
3,800
4,124
5,285
5,472
5,472
5,472
5,472
5,472
5,472
5,472
5,472
Sales/Revenue/Turnover
18
42
228
226
139
280
543
609
722
1,282
838
472
787
- -
Operating Margin (%)
-100.77
-20.16
1.84
-16.73
-25.25
7.11
11.82
3.16
7.15
4.86
-2.9
-36.81
-0.92
- -
Depreciation Expense
4
- -
3
4
3
23
36
45
53
53
69
69
- -
- -
Net Income, GAAP
13
-29
14
-39
-35
32
54
26
23
16
-90
-383
-45
- -
Effective Tax Rate (%)
- -
- -
25.88
- -
- -
4.45
19.44
45.25
40.2
53.89
- -
- -
- -
- -
Profit Margin (%)
71.78
-68.72
6.31
-17.22
-25.35
11.3
9.98
4.31
3.17
1.27
-10.76
-81.24
-5.78
- -
Working Capital
-146
147
154
117
177
137
-343
-592
-360
-547
-661
-824
-935
-935
LT Debt
- -
- -
- -
- -
- -
- -
- -
5
429
388
480
357
194
194
Total Equity
-140
174
189
141
194
439
475
520
562
600
476
83
30
30
Return on Invested Capital (%)
- -
- -
1.66
- -
- -
4.96
4.45
1.01
3.3
2.29
- -
- -
- -
- -
Return on Capital (%)
- -
- -
7.32
- -
- -
6.2
5.46
4.32
6.2
3.59
- -
- -
- -
- -
Return on Common Equity (%)
- -
- -
8.05
-23.79
-21.06
9.99
11.86
5.28
4.23
2.8
-16.76
-137.26
-80.77
- -

Capital Structure

HKD

•

in mil. unless spec.
Dec'23
Jun'24
Dec'24
ST Debt
333
694
689
LT Borrowings
346
256
184
LT Finance Leases
11
11
10
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
5,472
5,472
5,472
Market Capitalization
142
126
82

Working Capital

HKD

•

in mil. unless spec.
Dec'23
Jun'24
Dec'24
Total Current Assets
854
796
829
Cash, Cash Equivalents & STI
21
41
27
Accounts Receivable, Net
394
329
351
Inventories
22
13
11
Total Current Liabilities
1,678
1,681
1,764
Payables & Accruals
- -
- -
- -
ST Debt
333
694
689
Deferred Revenue
- -
- -
- -

Growth Rates

HKD

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
0.34%
-30.55%
-64.31%
Free Cash Flow
477.84%
218.83%
1,558.9%
Net Income, GAAP
-100.77%
-91.59%
-88.14%
Sales/Revenue/Turnover
25.25%
16.93%
66.8%
Total Cash Common Dividend
- -
- -
- -

Semi-annual Revenue

HKD

•

in mil. unless spec.

Year

H1
H2
FY
2022
- -
- -
838
2023
- -
- -
472
2024
- -
- -
787

Semi-annual Earnings Per Share

HKD

•

in mil. unless spec.

Year

H1
H2
FY
2022
- -
- -
-0.02
2023
- -
- -
-0.07
2024
- -
- -
-0.01

Semi-annual Dividends Per Share

HKD

•

in mil. unless spec.

Year

H1
H2
FY
2022
- -
- -
- -
2023
- -
- -
- -
2024
- -
- -
- -

Company Description

CEO
Yunxiang Chen
Full Time Employees
248
Sector
Distribution services
Industry
Wholesale distributors
Address
Convention Plaza, Office Tower Hong Kong Hong Kong
IPO Date
Jul 15, 2004
Business
Jiu Rong Holdings Limited is an investment holding company principally engaged in manufacturing and sale of digital televisions. The company operates through five segments: the digital video business segment, which manufactures and sells televisions, high definition liquid crystal display televisions and set-top boxes as well as provides application solutions regarding integration of telecommunications, televisions and internet; the new energy vehicles business segment, which engages in construction, application and management of new energy vehicles and related products, charging facilities and intelligent management systems and processing services for new energy vehicles spare parts; the cloud ecological big data business segment, which engages in application and management of cloud ecological big data industry; the properties development segment, which engages in properties development of industrial parks and sale of construction materials; and the properties investment segment, which engages in properties rental. Incorporated in 2004 and headquartered in Wanchai, Hong Kong, the group primarily serves markets in the People's Republic of China. In recent developments, the company changed its financial year end date to June 30 from December 31 effective in 2024; proposed amendments to its memorandum and articles of association in November 2025 to align with updated Listing Rules requirements on hybrid meetings, treasury shares and electronic communications; disclosed in November 2025 a past non-compliance with Listing Rules Chapter 14 involving aggregated very substantial acquisitions and disposals of shares in Xiangcai Co., Ltd. (a PRC-listed securities firm) during 2022-2023, with remedial actions including enhanced internal controls, engagement of an independent internal control advisor in June 2025 and director training; and completed divestments of remaining interests in Hangzhou East Software Park in August 2025 and Sundy Service Group in early 2025, with no further listed securities trading planned.