Herbs Generation Group Holdings Limited Class H

Herbs Generation Group Holdings Limited Class H

HHKEX:2593
1.01
HKD
-0.03
(-3.37%)
157.33MMarket Cap
Apr 05Next Earn
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
1.41
1.56
1.88
2.43
1.71
- -
Basic EPS, GAAP
0.17
0.21
0.3
0.13
-0.17
- -
Free Cash Flow per Basic Share
0.16
0.23
0.25
0.32
-0.03
- -
Dividend per Share
0.04
0.08
0.05
0.25
0.15
- -
Book Value per Share
0.39
0.53
0.68
1.4
1.08
1.08
Tangible Book Value per Share
0.39
0.53
0.68
1.4
1.08
1.08
Basic Weighted Avg Shares
133
133
133
101
133
133
Sales/Revenue/Turnover
189
208
251
245
228
- -
Operating Margin (%)
14.89
16.18
19.11
15.61
-12.57
- -
Depreciation Expense
8
12
15
21
23
- -
Net Income, GAAP
23
28
40
13
-23
- -
Effective Tax Rate (%)
15.76
14.68
16.45
30.58
- -
- -
Profit Margin (%)
12.29
13.45
15.72
5.28
-10.1
- -
Working Capital
39
57
73
160
119
119
LT Debt
10
8
10
15
7
7
Total Equity
52
70
91
187
144
144
Return on Invested Capital (%)
- -
29.14
35.15
7.99
- -
- -
Return on Capital (%)
- -
31.39
36.99
8.11
- -
- -
Return on Common Equity (%)
- -
45.97
49.16
9.33
-13.89
- -

Capital Structure

HKD

•

in mil. unless spec.
Dec'24
Jun'25
Dec'25
ST Debt
17
17
15
LT Borrowings
- -
- -
- -
LT Finance Leases
15
10
7
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
133
133
133
Market Capitalization
371
249
157

Working Capital

HKD

•

in mil. unless spec.
Dec'24
Jun'25
Dec'25
Total Current Assets
197
175
160
Cash, Cash Equivalents & STI
119
90
78
Accounts Receivable, Net
26
25
24
Inventories
27
38
39
Total Current Liabilities
38
38
41
Payables & Accruals
- -
- -
- -
ST Debt
17
17
15
Deferred Revenue
- -
- -
- -

Growth Rates

HKD

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
- -
- -
-22.98%
Free Cash Flow
- -
- -
-112.01%
Net Income, GAAP
- -
- -
-277.47%
Sales/Revenue/Turnover
- -
- -
-7.18%
Total Cash Common Dividend
- -
- -
-19.43%

Semi-annual Revenue

HKD

•

in mil. unless spec.

Year

H1
H2
FY
2023
- -
- -
251
2024
- -
- -
245
2025
- -
- -
228

Semi-annual Earnings Per Share

HKD

•

in mil. unless spec.

Year

H1
H2
FY
2023
- -
- -
0.3
2024
- -
- -
0.13
2025
- -
- -
-0.17

Semi-annual Dividends Per Share

HKD

•

in mil. unless spec.

Year

H1
H2
FY
2023
- -
- -
0.05
2024
- -
- -
0.25
2025
- -
- -
0.15

Company Description

CEO
Chi Yan Kwok
Full Time Employees
254
Sector
Consumer non-durables
Industry
Household/Personal care
Address
Units 2309–10 Hong Kong HK Hong Kong
IPO Date
Dec 19, 2024
Website
herbs.hk
Business
Herbs Generation Group Holdings Limited is a Hong Kong-based provider of health supplements, cosmetics, skincare products, and pet health supplements, focusing on the development, marketing, and sale of own-brand products through multi-channel distribution including retail shops, wholesale to chain and non-chain retailers, consignment arrangements, and e-commerce platforms such as Zinomall, HKTVmall, and Tmall.hk. Founded in 1999 and headquartered at Units A7-A8, 6/F, NCB Innovation Centre, 888 Lai Chi Kok Road, Kowloon, Hong Kong, the company operates primarily in the household and personal care products sector, targeting consumers in Hong Kong with offerings under nine brands: Herbs (草姬), ZINO, Classic (正統), Umeya (梅屋), Energie (男補), Men’s INFiNiTY (男極), Regal Green (綠康營), Herbs Pet (恩寵), and MedHerbs; its health supplements address cardiovascular health, immunity boosting, metabolic syndrome management including three highs, liver and kidney support, brain function, midlife care, men's and women's health, eye care, bones and joints, hair growth, insomnia relief, detoxification, weight management, and allergy care, while cosmetics and skincare products include serums, creams, masks, makeup removers, feminine care, and facial cleansers, and pet supplements cater to animal wellness. As a subsidiary of Joy & Love Limited, the group listed on the Main Board of The Stock Exchange of Hong Kong (ticker: 2593.HK) in December 2024 via an initial public offering that raised net proceeds of approximately HK$94.4 million for strategic marketing, sales network expansion from 23 to 33 self-operated retail shops, product diversification, talent recruitment, and working capital; recent developments include the launch of new products such as Herbs Tiger Pro Lung Health (草姬虎乳芝咳喘消) for respiratory support and the MedHerbs brand in the first half of 2025, alongside a head office relocation, intensified advertising with KOLs and entertainers amid a 3.3% decline in Hong Kong retail sales, right-of-use asset additions of HK$3.6 million for new leases, and planned further innovation and capital expenditures funded by operations and IPO proceeds despite recording a HK$7.5 million net loss for the six months ended 30 June 2025 due to higher promotional sales, staff costs, and distribution expenses.