GL-Carlink Technology Holding Limited

GL-Carlink Technology Holding Limited

HHKEX:2531
3.01
HKD
-0.09
(-2.90%)
2.68BMarket Cap
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
0.89
1.13
1.53
2.11
1.96
- -
Basic EPS, GAAP
0.09
0.12
0.14
0.13
0.06
- -
Free Cash Flow per Basic Share
0.13
0.04
0.03
0.12
0.06
- -
Dividend per Share
- -
- -
- -
- -
- -
- -
Book Value per Share
0.75
0.84
1
1.8
1.84
1.84
Tangible Book Value per Share
0.72
0.79
0.93
1.73
1.75
1.75
Basic Weighted Avg Shares
367
367
367
332
367
367
Sales/Revenue/Turnover
327
414
561
700
717
- -
Operating Margin (%)
11.64
12.76
10.78
7.34
2.88
- -
Depreciation Expense
7
11
14
16
16
- -
Net Income, GAAP
32
44
51
44
21
- -
Effective Tax Rate (%)
13.11
10.57
12.59
- -
- -
- -
Profit Margin (%)
9.74
10.67
9.12
6.34
2.89
- -
Working Capital
116
257
326
472
456
456
LT Debt
1
2
- -
2
1
1
Total Equity
277
311
365
659
683
683
Return on Invested Capital (%)
- -
15.65
14.81
- -
- -
- -
Return on Capital (%)
- -
12.66
13.82
- -
- -
- -
Return on Common Equity (%)
- -
15.22
15.21
8.67
3.11
- -

Capital Structure

CNY

•

in mil. unless spec.
Dec'24
Jun'25
Dec'25
ST Debt
44
94
95
LT Borrowings
- -
- -
- -
LT Finance Leases
2
2
1
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
367
367
367
Market Capitalization
10,145
5,681
2,411

Working Capital

CNY

•

in mil. unless spec.
Dec'24
Jun'25
Dec'25
Total Current Assets
699
677
833
Cash, Cash Equivalents & STI
456
398
371
Accounts Receivable, Net
125
141
189
Inventories
4
6
12
Total Current Liabilities
227
231
377
Payables & Accruals
- -
- -
- -
ST Debt
44
94
95
Deferred Revenue
- -
- -
- -

Growth Rates

CNY

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
- -
- -
3.67%
Free Cash Flow
- -
- -
-43.38%
Net Income, GAAP
- -
- -
-53.33%
Sales/Revenue/Turnover
- -
- -
2.38%
Total Cash Common Dividend
- -
- -
- -

Semi-annual Revenue

CNY

•

in mil. unless spec.

Year

H1
H2
FY
2023
- -
- -
561
2024
- -
- -
700
2025
- -
- -
717

Semi-annual Earnings Per Share

CNY

•

in mil. unless spec.

Year

H1
H2
FY
2023
- -
- -
0.14
2024
- -
- -
0.13
2025
- -
- -
0.06

Semi-annual Dividends Per Share

CNY

•

in mil. unless spec.

Year

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

Company Description

CEO
Zhan Zhao
Full Time Employees
291
Sector
Distribution services
Industry
Wholesale distributors
Address
Building 1 Shenzhen GD China 518057
IPO Date
Jul 15, 2024
Business
GL-Carlink Technology Holding Limited operates within China's automotive aftermarket, focusing on the provision of smart vehicle technologies and digital management services. The company supplies a range of in-car hardware, including advanced infotainment systems like smart GPS navigation and central control screens, alongside in-vehicle safety solutions such as smart dash cameras and rear-view mirrors, as well as essential car modules and core boards. Complementing its hardware offerings, GL-Carlink delivers software-as-a-service (SaaS) for marketing and management, encompassing subscription and value-added functionalities that integrate online and offline retail experiences for vehicle users. The company serves diverse clients including 4S stores, various channel partners, automotive finance and leasing firms, and original brand manufacturers for in-vehicle devices. Founded in 2012 and headquartered in Shenzhen, People's Republic of China, the company successfully listed on the Main Board of the Stock Exchange of Hong Kong in July 2024. In the first quarter of 2025, its software and services segment experienced notable revenue growth, driven by an expanding focus on New Electric Vehicle (NEV) customers and increased investment in artificial intelligence for intelligent connected vehicles. Additionally, in July 2025, the company announced a strategic partnership and Memorandum of Understanding to explore financial technology and virtual asset opportunities.