National United Resources Holdings Limited

National United Resources Holdings Limited

HHKEX:254
0.21
HKD
0.00
(0.00%)
118.47MMarket 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
0.58
0.78
5.95
0.88
0.45
0.49
0.46
0.82
1.13
1.2
0.28
0.55
0.21
- -
Basic EPS, GAAP
-20.27
-8.19
-1.12
-1.5
-12.46
-1.1
-0.12
0.52
0.31
0.46
1.1
0.66
-0.02
- -
Free Cash Flow per Basic Share
-0.46
-0.27
-5.81
-2.65
0.63
-0.06
- -
0.15
0.19
0.1
-0.29
- -
-0.36
- -
Dividend per Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Book Value per Share
8.99
0.83
2.85
7.79
-3.88
-5.01
-5.04
-4.5
-4.19
-3.76
0.47
- -
0.33
0.28
Tangible Book Value per Share
1.01
0.72
1.31
3.16
-3.88
-5.01
-5.04
-4.79
-4.5
-4.07
0.4
- -
0.2
0.17
Basic Weighted Avg Shares
44
50
61
89
115
119
119
119
119
119
272
272
408
439
Sales/Revenue/Turnover
25
39
365
78
52
59
55
98
135
143
77
150
85
- -
Operating Margin (%)
-105.57
-52.24
-13.21
-229.82
-628.12
-152.66
63.29
10.08
4.35
0.73
-76.02
-66.59
-30.83
- -
Depreciation Expense
- -
- -
8
16
22
11
13
18
27
24
- -
- -
19
- -
Net Income, GAAP
-885
-413
-69
-133
-1,438
-131
-15
62
37
55
300
179
-9
- -
Effective Tax Rate (%)
- -
- -
- -
- -
- -
- -
- -
4.01
5.09
4.55
- -
0.97
- -
- -
Profit Margin (%)
-3,477.16
-1,051.17
-18.81
-170.49
-2,780.18
-223.74
-26.83
62.96
27.3
38.34
389.6
119.02
-10.18
- -
Working Capital
47
26
263
450
-223
-647
-682
-775
-757
-696
-47
- -
-147
-146
LT Debt
- -
- -
184
76
397
137
86
42
11
2
1
- -
- -
- -
Total Equity
451
32
200
885
-455
-595
-599
-564
-525
-470
139
- -
103
83
Return on Invested Capital (%)
- -
- -
- -
- -
- -
- -
- -
8.96
44.44
57.53
- -
- -
- -
- -
Return on Capital (%)
- -
- -
- -
- -
- -
- -
- -
93.13
40.18
52.69
- -
- -
- -
- -
Return on Common Equity (%)
-152.92
-166.68
-57.11
-25.33
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -

Capital Structure

HKD

•

in mil. unless spec.
Dec'23
Jun'24
Dec'25
ST Debt
296
216
228
LT Borrowings
18
- -
- -
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
439
439
439
Market Capitalization
395
333
118

Working Capital

HKD

•

in mil. unless spec.
Dec'23
Jun'24
Dec'25
Total Current Assets
325
217
324
Cash, Cash Equivalents & STI
297
46
153
Accounts Receivable, Net
20
78
132
Inventories
- -
- -
- -
Total Current Liabilities
430
365
471
Payables & Accruals
- -
- -
- -
ST Debt
296
216
228
Deferred Revenue
- -
- -
- -

Growth Rates

HKD

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
- -
- -
- -
Free Cash Flow
- -
- -
- -
Net Income, GAAP
69.01%
62.38%
-104.82%
Sales/Revenue/Turnover
2.23%
9.83%
-43.64%
Total Cash Common Dividend
- -
- -
- -

Semi-annual Revenue

HKD

•

in mil. unless spec.

Year

H1
H2
FY
2023
- -
- -
150
2024
- -
- -
85
2025
- -
- -
- -

Semi-annual Earnings Per Share

HKD

•

in mil. unless spec.

Year

H1
H2
FY
2023
- -
- -
0.66
2024
- -
- -
-0.02
2025
- -
- -
- -

Semi-annual Dividends Per Share

HKD

•

in mil. unless spec.

Year

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

Company Description

CEO
Kaiping Ji
Full Time Employees
167
Sector
Finance
Industry
Finance/Rental/Leasing
Address
Room 2701 Hong Kong Hong Kong
IPO Date
Oct 5, 2007
Website
irasia.com
Business
National United Resources Holdings Limited (HKEX: 0254) is an investment holding company whose principal activities center on car rental services and related transportation solutions, with diversified operations spanning multiple segments and markets. The company operates through three principal business lines: Car Rental, Online Platform, and Resources Trading, each contributing to its integrated offerings across mobility, commodities trading, and digital services. Main Products and Services - Car Rental: shuttle bus and passenger transport services for institutional clients, vehicle rental and leasing, chauffeur-driven car rental for business and leisure use, point-to-point transport solutions, customized shuttle arrangements, and event transportation for large government and corporate assignments; fleet includes conventional energy vehicles and electric buses; ancillary transport logistics, route planning, and resource management services provided to optimize capacity and cost. - Online Platform: digital marketplace and platform services enabling online trading and deferred spot delivery of precious metals, along with related advisory and consulting services to clients in the metals sector. - Resources Trading: physical trading activities in commodities including coking coal, aluminum rod, and fuel oil, supported by sourcing, logistics, and risk management capabilities. Latest Major Company Changes - Strategic shifts and financing activities include capital restructurings and equity issuances under general mandates to fund expansion and liquidity needs; recent announcements indicate ongoing efforts to broaden shareholder base and pursue new capital-aligned opportunities. - Partnerships and strategic alliances have been pursued to expand operations and diversify revenue streams, including collaborations that broaden the scope of transportation services and related logistics capabilities. - Corporate reorganizations and governance updates have occurred in the last 1–2 years as part of adapting the business to evolving market conditions, with emphasis on strengthening the Car Rental and Online Platform segments and exploring new growth avenues in related sectors. Additional Context - Industry and business segments: transportation services, mobility solutions, financial and commodity trading, and online platform services for metals. - Target markets and customers: institutional clients such as corporations, government bodies, and educational institutions for shuttle and event transportation; businesses and traders engaging in precious metals and commodity trading on the online platform and through physical trading channels. - Geographic operations: primarily Hong Kong with potential regional and global exposure through its trading and platform activities; headquarters located in Hong Kong; listed on the Hong Kong Stock Exchange. - Founding year and headquarters: founded in 1972; headquarters in Hong Kong. - Subsidiaries and corporate relationships: operates through subsidiaries leveraging core Car Rental, Online Platform, and Resources Trading segments; maintains relationships with investors and may engage in strategic partnerships and joint ventures to support growth in mobility and commodities trading. Note: The company’s core focus remains on vehicle rental and associated transport services while expanding digital and trading capabilities to complement its mobility footprint and commodity activities.