Zibuyu Group Limited

Zibuyu Group Limited

HHKEX:2420
4.21
HKD
-0.13
(-3.11%)
2.08BMarket Cap
Apr 01Next Earn
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
2.86
3.8
4.69
6.61
6
6.75
9.58
- -
Basic EPS, GAAP
0.16
0.23
0.4
0.24
-0.53
0.31
0.55
- -
Free Cash Flow per Basic Share
0.16
0.22
-0.43
0.17
0.14
0.52
0.29
- -
Dividend per Share
0.19
- -
- -
- -
0.05
- -
0.11
- -
Book Value per Share
0.13
0.34
0.75
1.57
0.97
1.2
1.64
1.64
Tangible Book Value per Share
0.13
0.34
0.74
1.57
0.96
1.2
1.63
1.63
Basic Weighted Avg Shares
500
500
500
464
500
493
486
485
Sales/Revenue/Turnover
1,429
1,898
2,347
3,066
3,000
3,325
4,660
- -
Operating Margin (%)
6.93
8.09
11.03
4.28
-8.4
4.1
5.9
- -
Depreciation Expense
11
14
19
28
33
25
21
- -
Net Income, GAAP
81
114
201
111
-266
151
269
- -
Effective Tax Rate (%)
13.35
15.22
15.62
12.97
- -
2.52
2.06
- -
Profit Margin (%)
5.68
6
8.54
3.61
-8.86
4.53
5.78
- -
Working Capital
30
138
334
724
440
568
773
773
LT Debt
13
8
26
44
10
8
12
12
Total Equity
65
172
373
787
484
600
820
820
Return on Invested Capital (%)
- -
47.42
44.1
14.42
- -
20.47
29.52
- -
Return on Capital (%)
- -
54.67
46.54
14.91
- -
22.09
30.76
- -
Return on Common Equity (%)
- -
96.08
73.52
19.08
-41.82
27.82
37.9
- -

Capital Structure

CNY

•

in mil. unless spec.
Dec'24
Jun'25
Dec'25
ST Debt
146
183
203
LT Borrowings
- -
- -
- -
LT Finance Leases
8
13
12
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
500
500
500
Market Capitalization
2,326
1,481
1,865

Working Capital

CNY

•

in mil. unless spec.
Dec'24
Jun'25
Dec'25
Total Current Assets
1,037
1,209
1,387
Cash, Cash Equivalents & STI
447
347
556
Accounts Receivable, Net
182
220
138
Inventories
374
599
649
Total Current Liabilities
469
595
614
Payables & Accruals
- -
- -
- -
ST Debt
146
183
203
Deferred Revenue
- -
- -
- -

Growth Rates

CNY

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
- -
49.91%
36.68%
Free Cash Flow
- -
-43.9%
-45.39%
Net Income, GAAP
- -
-77.43%
78.55%
Sales/Revenue/Turnover
- -
20.63%
40.15%
Total Cash Common Dividend
- -
- -
- -

Semi-annual Revenue

CNY

•

in mil. unless spec.

Year

H1
H2
FY
2023
- -
- -
3,000
2024
- -
- -
3,325
2025
- -
- -
4,660

Semi-annual Earnings Per Share

CNY

•

in mil. unless spec.

Year

H1
H2
FY
2023
- -
- -
-0.53
2024
- -
- -
0.31
2025
- -
- -
0.55

Semi-annual Dividends Per Share

CNY

•

in mil. unless spec.

Year

H1
H2
FY
2023
- -
- -
0.05
2024
- -
- -
- -
2025
- -
- -
0.11

Company Description

CEO
Cai Xiong Chen
Full Time Employees
1,065
Sector
Retail trade
Industry
Apparel/Footwear retail
Address
No. 108, Xincheng Road Hangzhou ZH China
IPO Date
Nov 11, 2022
Business
Zibuyu Group Limited (2420.HK) engages primarily in the research, development, production, and sale of electronic components and modules, with a focus on consumer electronics and smart hardware solutions. The company offers a range of core products including printed circuit board assemblies (PCBA), wireless charging modules, power management units, and customized electronic modules for smart home devices, wearable technology, and IoT applications; it also provides design, testing, and assembly services for OEM and ODM clients in the electronics manufacturing sector. Headquartered in Shenzhen, China, and founded in 2005, Zibuyu Group operates production facilities across mainland China and serves target markets in Asia, Europe, and North America, catering to consumer electronics manufacturers and technology integrators. In recent developments, the company expanded its production capacity through a strategic investment in a new smart manufacturing facility in Dongguan in early 2025, enhancing its capabilities in high-volume PCBA for 5G-enabled devices. Zibuyu Group announced a partnership with a leading Southeast Asian electronics distributor in Q3 2025 to bolster regional sales of its wireless charging solutions amid growing demand for EV accessories. Additionally, it completed a HK$150 million funding round in late 2024 led by institutional investors, earmarked for R&D in next-generation power modules and international market expansion.