China Display Optoelectronics Technology Holdings Ltd

China Display Optoelectronics Technology Holdings Ltd

HHKEX:334
0.28
HKD
-0.01
(-5.08%)
660.98MMarket Cap
Apr 01Next Earn
2014 Y
2015 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
4.25
4.04
4.7
1.98
1.72
2.55
2.61
1.7
2.79
2.01
1.23
2.17
3.68
- -
Basic EPS, GAAP
0.15
-0.01
0.03
0.05
0.06
0.04
0.03
0.01
0.09
0.08
0.01
0.03
0.07
- -
Free Cash Flow per Basic Share
0.42
0.03
0.22
0.04
-0.15
-0.08
-0.36
0.55
0.17
-0.02
-0.02
0.18
-0.11
- -
Dividend per Share
0.18
0.2
0.15
- -
0.02
0.02
- -
- -
- -
- -
- -
- -
- -
- -
Book Value per Share
0.76
0.07
0.06
0.18
0.24
0.26
0.29
0.3
0.39
0.47
0.48
0.51
0.58
0.58
Tangible Book Value per Share
0.76
0.07
0.06
0.18
0.24
0.26
0.29
0.3
0.39
0.46
0.47
0.51
0.58
0.58
Basic Weighted Avg Shares
587
595
785
1,862
2,012
2,071
2,090
2,097
2,097
2,097
2,097
2,097
2,097
2,097
Sales/Revenue/Turnover
2,498
2,404
3,688
3,678
3,465
5,281
5,456
3,571
5,840
4,208
2,577
4,549
7,725
- -
Operating Margin (%)
5.47
5.43
4.77
3.45
3.54
2.9
1.72
2.04
3.34
3.42
0.75
1.01
1.76
- -
Depreciation Expense
30
28
58
44
49
73
133
185
152
81
85
98
117
- -
Net Income, GAAP
90
-4
26
91
116
82
52
25
193
169
13
66
139
- -
Effective Tax Rate (%)
27.01
127.24
55.03
25.62
15.53
26.15
32.88
30.24
24.29
- -
28.67
2.26
4.83
- -
Profit Margin (%)
3.59
-0.17
0.72
2.48
3.34
1.55
0.96
0.7
3.31
4.02
0.51
1.45
1.8
- -
Working Capital
-6
-35
-16
182
178
90
-120
-152
316
400
210
62
151
151
LT Debt
- -
55
59
63
83
85
33
49
2
60
- -
- -
1
1
Total Equity
131
79
105
368
613
680
745
751
831
1,000
1,009
1,071
1,224
1,224
Return on Invested Capital (%)
-118.23
-1.61
8.38
22.01
10.98
9.6
4.25
3.5
14.64
- -
1.09
4.17
10.95
- -
Return on Capital (%)
-100.18
-2.16
10.04
24.94
17.94
6.79
5.46
3.34
19.82
- -
1.3
7.4
13.47
- -
Return on Common Equity (%)
- -
-3.84
28.65
38.52
26.72
15.68
9.05
4.01
26.28
18.46
1.3
6.34
12.15
- -

Capital Structure

CNY

•

in mil. unless spec.
Dec'24
Jun'25
Dec'25
ST Debt
- -
- -
- -
LT Borrowings
- -
- -
- -
LT Finance Leases
- -
- -
1
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
2,097
2,097
2,097
Market Capitalization
394
413
594

Working Capital

CNY

•

in mil. unless spec.
Dec'24
Jun'25
Dec'25
Total Current Assets
2,508
2,911
3,087
Cash, Cash Equivalents & STI
1,047
797
859
Accounts Receivable, Net
1,051
1,532
1,618
Inventories
326
469
387
Total Current Liabilities
2,446
2,811
2,936
Payables & Accruals
- -
- -
- -
ST Debt
- -
- -
- -
Deferred Revenue
- -
- -
- -

Growth Rates

CNY

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
39.1%
10.48%
14.32%
Free Cash Flow
-172.76%
-248.99%
-160.5%
Net Income, GAAP
123.38%
215.82%
111.32%
Sales/Revenue/Turnover
15.83%
28.64%
69.81%
Total Cash Common Dividend
- -
- -
- -

Semi-annual Revenue

CNY

•

in mil. unless spec.

Year

H1
H2
FY
2023
- -
- -
2,577
2024
- -
- -
4,549
2025
- -
- -
7,725

Semi-annual Earnings Per Share

CNY

•

in mil. unless spec.

Year

H1
H2
FY
2023
- -
- -
0.01
2024
- -
- -
0.03
2025
- -
- -
0.07

Semi-annual Dividends Per Share

CNY

•

in mil. unless spec.

Year

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

Company Description

CEO
Feng Zhang
Full Time Employees
4,009
Sector
Electronic technology
Industry
Electronic production equipment
Address
No. 1 Yaoli Road, Zhongkai High-tech Development Zone Hong Kong GD Hong Kong 516006
IPO Date
Jun 18, 1997
Business
China Display Optoelectronics Technology Holdings Limited, an investment holding company listed on the Hong Kong Stock Exchange (0334.HK), engages in the research, development, manufacture, distribution and sale of thin-film transistor liquid crystal display (TFT-LCD) and capacitive touch panel (CTP) modules primarily for mobile phones, tablets and commercial displays; it also provides processing and manufacturing services for LCD modules as well as merchandising of related parts. The company produces small-to-medium-sized display modules including mobile phone modules, tablet modules for educational and smart home applications, commercial display products, parts and others, serving consumer electronics manufacturers with customized solutions through an integrated panel-module business model. Founded in 2004 and headquartered in Huizhou, Guangdong Province, PRC, with principal operations in a 29,000 square meter facility featuring dust-free workshops, it distributes products mainly in Mainland China, Hong Kong, Taiwan, Turkey, Thailand and South Korea; it is a subsidiary of High Value Ventures Limited and affiliated with TCL Technology Group Corporation. In 2024, the company deepened strategic cooperation with TCL China Star Optoelectronics Technology Company Limited (TCL CSOT), leveraging TCL CSOT's t9 production line for medium-sized professional displays to form an integrated supply chain, enabling customized products for first-tier brand customers and driving revenue growth of 76.6% to RMB4,549.4 million on sales volume of 49.3 million units. Tablet module sales surged 1,292% year-over-year to 5.2 million units (RMB925.9 million revenue) and commercial display products rose 387% to 1.2 million units (RMB1,012.2 million), offsetting a 12% decline in mobile phone modules amid product mix optimization; two new medium-sized production lines were completed. Recent executive changes include the appointment of Zhang Feng as Chief Executive Officer and Wang Xinfu as Executive Director in July and August 2024 respectively, following Ouyang Hongping's resignation as CEO in December 2024 and earlier board additions like Yang Qiulin as independent non-executive director in May 2024. The company anticipates further medium-sized capacity expansion in 2025, targeting smart education and home markets while maintaining zero debt and profitability up 404% to RMB66 million in 2024.