Hong Kong Gold Industry Group Limited

Hong Kong Gold Industry Group Limited

HHKEX:2623
3.02
HKD
-0.24
(-7.52%)
1.60BMarket Cap
2013 Y
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
3.08
1.94
1.14
0.21
0.11
0.75
1.07
3.01
5.16
5.93
3.42
0.67
0.18
- -
Basic EPS, GAAP
0.51
-0.36
-1.01
-0.44
-0.5
-0.33
-0.24
0.19
-0.09
0.18
0.14
0.15
-0.21
- -
Free Cash Flow per Basic Share
1.67
-0.37
-0.42
0.17
- -
-0.4
-0.11
-0.04
0.24
0.16
-0.14
-0.58
-0.88
- -
Dividend per Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Book Value per Share
3.21
3.05
2.35
1.9
1.39
1.05
0.83
1.03
0.91
1.12
1.17
1.3
1.1
1.1
Tangible Book Value per Share
2.67
2.58
2.12
1.69
1.39
1.05
0.83
1.03
0.91
0.85
1.02
1.13
0.78
0.78
Basic Weighted Avg Shares
217
219
259
269
277
289
302
321
317
314
370
419
419
413
Sales/Revenue/Turnover
668
426
294
57
30
217
323
966
1,634
1,866
1,264
282
76
- -
Operating Margin (%)
15.36
-13.59
-84.17
-127.35
-249.95
-20.12
-16.9
3.47
-1.45
3.5
5.01
-16.34
-82.23
- -
Depreciation Expense
38
28
28
20
12
15
16
16
16
23
23
21
18
- -
Net Income, GAAP
111
-79
-261
-117
-140
-96
-71
61
-30
58
51
62
-87
- -
Effective Tax Rate (%)
17.8
- -
- -
- -
- -
- -
- -
- -
- -
7.03
15.35
7.41
- -
- -
Profit Margin (%)
16.65
-18.46
-88.77
-204.69
-460.74
-44.1
-22.05
6.28
-1.84
3.09
4
21.88
-115.72
- -
Working Capital
230
284
273
303
229
155
132
201
45
-63
-26
27
157
157
LT Debt
- -
51
101
111
107
116
128
130
4
2
1
- -
2
2
Total Equity
702
720
626
531
384
310
268
328
287
354
492
546
462
462
Return on Invested Capital (%)
14.03
- -
- -
- -
- -
- -
- -
17.18
- -
16.17
10.98
12.44
- -
- -
Return on Capital (%)
14.79
- -
- -
- -
- -
- -
- -
16.78
- -
15.47
11.26
13.06
- -
- -
Return on Common Equity (%)
17.32
-11.14
-38.99
-20.39
-30.69
-27.59
-24.66
20.39
-9.78
17.98
11.95
11.9
-17.35
- -

Capital Structure

CNY

•

in mil. unless spec.
Dec'24
Jun'25
Dec'25
ST Debt
1
- -
9
LT Borrowings
- -
- -
- -
LT Finance Leases
- -
- -
2
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
419
419
419
Market Capitalization
217
153
1,433

Working Capital

CNY

•

in mil. unless spec.
Dec'24
Jun'25
Dec'25
Total Current Assets
423
- -
298
Cash, Cash Equivalents & STI
80
- -
240
Accounts Receivable, Net
23
- -
- -
Inventories
4
- -
3
Total Current Liabilities
396
- -
141
Payables & Accruals
- -
- -
- -
ST Debt
1
- -
9
Deferred Revenue
- -
- -
- -

Growth Rates

CNY

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
-0.79%
9.1%
-15.35%
Free Cash Flow
3,929.98%
-93.55%
51.39%
Net Income, GAAP
-95.13%
-134.63%
-241.7%
Sales/Revenue/Turnover
63.69%
-19.96%
-73.21%
Total Cash Common Dividend
- -
- -
- -

Semi-annual Revenue

CNY

•

in mil. unless spec.

Year

H1
H2
FY
2023
- -
- -
1,264
2024
- -
- -
282
2025
- -
- -
76

Semi-annual Earnings Per Share

CNY

•

in mil. unless spec.

Year

H1
H2
FY
2023
- -
- -
0.14
2024
- -
- -
0.15
2025
- -
- -
-0.21

Semi-annual Dividends Per Share

CNY

•

in mil. unless spec.

Year

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

Company Description

CEO
Guo Hua Geng
Full Time Employees
146
Sector
Non-energy minerals
Industry
Steel
Address
Jiangjia Guanzhuang Village West Hong Kong Hong Kong
IPO Date
Apr 27, 2012
Business
Add New Energy Investment Holdings Group Limited, an investment holding company incorporated in the Cayman Islands in 2011 and headquartered in Yishui County, Shandong Province, People's Republic of China, engages in the exploration, mining, processing and sales of iron and ilmenite ores; produces and sells iron concentrates, titanium concentrates and iron pellets to iron pellet makers and steel manufacturers; operates key assets including Yangzhuang Iron Mine, Zhuge Shangyu Ilmenite Mine, Qinjiazhuang Ilmenite Project and Gaozhuang Shangyu Ilmenite Project, all located in Shandong Province; provides ore processing services for iron and other minerals, including overseas Brazil coarse iron powder processing yielding 1.19 million tons of iron concentrate in 2023; trades blended coal, semi-coke, coarse iron powder, coke, spodumene and other minerals primarily in Shandong and Gansu Provinces through subsidiaries such as Tianshan achieving RMB939.3 million revenue in 2023; and develops clean energy projects encompassing wind power, photovoltaic power and solar thermal power as new growth areas. The company, formerly China Zhongsheng Resources Holdings Limited until its name change in July 2016, primarily serves domestic markets in the industrial metals and mining sector with 119 employees as of recent data. In October 2025, Prominence Investment Holding Company Limited acquired approximately 55.66% of the company's shares for HK$80 million, triggering an unconditional mandatory general cash offer at HK$0.4104 per share for remaining shares; the group reported revenue declines to RMB282.1 million in 2024 from RMB1,263.7 million in 2023 amid reduced trading volumes and completed significant mining permit renewals for Yangzhuang Iron Mine in August 2023 and Zhuge Shangyu Ilmenite Mine in November 2023; ongoing developments include RMB500 million investment in Zhuge Shangyu processing plant phase two expected by July 2024, Yangzhuang production capacity expansion to 3.0 million tons annually via technology upgrades, research collaborations with Chinese and Russian academies plus Lanzhou Engineering & Research Institute for titanium industrial chain advancement including sponge titanium, and construction progress on low-carbon environmental projects in Shangyu.