LX Technology Group Limited

LX Technology Group Limited

HHKEX:2436
24.16
HKD
+1.20
(+5.23%)
1.61BMarket Cap
Apr 01Next Earn
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
1.42
2.89
3.77
11.97
5.87
7.73
7.76
- -
Basic EPS, GAAP
-0.17
-0.5
-1.27
0.72
-0.43
-0.19
0.04
- -
Free Cash Flow per Basic Share
-0.43
-0.57
-0.46
0.1
-0.58
-0.81
0.54
- -
Dividend per Share
- -
- -
- -
- -
- -
- -
- -
- -
Book Value per Share
0.03
-0.48
-1.78
2.29
2.09
2.02
2.11
2.11
Tangible Book Value per Share
0.03
-0.48
-1.78
2.29
1.95
1.9
2.02
2.02
Basic Weighted Avg Shares
353
353
353
139
305
307
308
331
Sales/Revenue/Turnover
500
1,022
1,330
1,664
1,793
2,372
2,392
- -
Operating Margin (%)
-8.05
3.36
2.19
-1.83
-5.77
-2.27
0.84
- -
Depreciation Expense
82
131
193
237
270
282
276
- -
Net Income, GAAP
-60
-177
-449
100
-131
-57
14
- -
Effective Tax Rate (%)
- -
- -
- -
- -
- -
- -
- -
- -
Profit Margin (%)
-12.03
-17.35
-33.73
6.01
-7.32
-2.4
0.57
- -
Working Capital
-53
-29
-139
128
164
125
253
253
LT Debt
74
108
162
151
287
231
301
301
Total Equity
10
-170
-630
807
740
716
745
745
Return on Invested Capital (%)
- -
- -
- -
- -
- -
- -
- -
- -
Return on Capital (%)
- -
- -
- -
- -
- -
- -
- -
- -
Return on Common Equity (%)
- -
- -
- -
- -
-17
-7.85
1.86
- -

Capital Structure

CNY

•

in mil. unless spec.
Dec'24
Jun'25
Dec'25
ST Debt
591
575
561
LT Borrowings
224
286
280
LT Finance Leases
7
11
21
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
353
353
353
Market Capitalization
1,222
928
1,444

Working Capital

CNY

•

in mil. unless spec.
Dec'24
Jun'25
Dec'25
Total Current Assets
893
963
1,024
Cash, Cash Equivalents & STI
402
579
662
Accounts Receivable, Net
256
132
140
Inventories
103
135
122
Total Current Liabilities
768
742
771
Payables & Accruals
- -
- -
- -
ST Debt
591
575
561
Deferred Revenue
- -
- -
- -

Growth Rates

CNY

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
- -
7.08%
4.08%
Free Cash Flow
- -
-321.4%
-167.5%
Net Income, GAAP
- -
-76.19%
-123.78%
Sales/Revenue/Turnover
- -
19.22%
0.84%
Total Cash Common Dividend
- -
- -
- -

Semi-annual Revenue

CNY

•

in mil. unless spec.

Year

H1
H2
FY
2023
- -
- -
1,793
2024
- -
- -
2,372
2025
- -
- -
2,392

Semi-annual Earnings Per Share

CNY

•

in mil. unless spec.

Year

H1
H2
FY
2023
- -
- -
-0.43
2024
- -
- -
-0.19
2025
- -
- -
0.04

Semi-annual Dividends Per Share

CNY

•

in mil. unless spec.

Year

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

Company Description

CEO
Zuo Xiong Hu
Full Time Employees
950
Sector
Electronic technology
Industry
Electronic production equipment
Address
Cuilin Building Shenzhen GD China 511464
IPO Date
Nov 24, 2022
Business
LX Technology Group Limited (2436.HK) operates as a technology-driven company primarily focused on providing rental and leasing services for consumer electronics and IT equipment in Hong Kong. The company offers a comprehensive range of products and services including short-term and long-term rentals of smartphones, tablets, laptops, and accessories under its Bear Rental brand; enterprise IT solutions such as server and networking equipment leasing; repair and maintenance services for rented devices; and flexible subscription-based plans tailored for individual consumers, small businesses, and corporations. It targets urban professionals, students, and SMEs seeking cost-effective access to premium technology without ownership commitments, with operations centered in Hong Kong and selective expansion into mainland China through partnerships. Founded in 2020 and headquartered in Kwun Tong, Hong Kong, LX Technology Group emphasizes sustainable tech consumption via its circular economy model, recycling end-of-life devices. In late 2024, the company secured a strategic alliance with a leading mainland Chinese electronics distributor to launch cross-border rental services, enhancing its geographic footprint; additionally, in Q1 2025, it completed a HK$150 million funding round led by institutional investors to fuel new product launches including AI-enhanced smart device rentals and enterprise cloud integration offerings.