1. Hong Kong Stocks

  2. •

    Distribution services

  3. •

    Wholesale distributors
China Pipe Group Limited

China Pipe Group Limited

HHKEX:380
0.12
HKD
+0.00
(+0.87%)
205.17MMarket 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
0.38
0.42
0.46
0.46
0.49
0.4
0.4
0.37
0.51
0.48
0.54
0.59
0.48
- -
Basic EPS, GAAP
0.01
0.02
0.03
0.04
0.06
0.02
0.01
0.02
0.04
0.04
0.04
0.07
0.04
- -
Free Cash Flow per Basic Share
0.02
0.03
0.02
0.04
- -
- -
0.05
0.03
- -
0.05
0.02
0.07
0.14
- -
Dividend per Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Book Value per Share
0.25
0.26
0.29
0.33
0.38
0.4
0.41
0.42
0.47
0.5
0.55
0.61
0.66
0.66
Tangible Book Value per Share
0.25
0.26
0.29
0.33
0.38
0.4
0.41
0.42
0.47
0.5
0.55
0.61
0.65
0.65
Basic Weighted Avg Shares
1,333
1,333
1,333
1,333
1,333
1,333
1,333
1,333
1,332
1,332
1,332
1,332
1,332
1,332
Sales/Revenue/Turnover
504
554
612
619
650
538
528
497
682
637
714
784
645
- -
Operating Margin (%)
3.68
5.1
6.79
8.8
11.32
3.22
1.9
6.25
9.62
8.96
8.61
12.47
8.3
- -
Depreciation Expense
2
1
2
3
3
5
32
30
27
26
26
28
27
- -
Net Income, GAAP
17
22
34
51
75
26
7
20
56
49
58
87
56
- -
Effective Tax Rate (%)
17.76
16.72
14.05
12.61
11.15
15.68
11.69
8.28
14.28
15.49
15.19
13.55
13.28
- -
Profit Margin (%)
3.3
3.92
5.56
8.17
11.52
4.83
1.29
4.05
8.27
7.73
8.18
11.13
8.67
- -
Working Capital
323
343
377
340
424
517
428
461
606
565
620
780
762
762
LT Debt
- -
- -
- -
- -
- -
- -
117
99
85
78
57
43
25
25
Total Equity
331
351
385
436
512
541
546
562
623
672
730
817
873
873
Return on Invested Capital (%)
4.3
5.14
7.67
9.8
12.32
3.05
1.49
3.99
7.44
6.05
6.24
8.81
5.08
- -
Return on Capital (%)
4.47
5.39
7.94
10.78
14.11
4.89
2.5
4.31
8.08
6.74
7.54
10.32
6.3
- -
Return on Common Equity (%)
5.18
6.37
9.24
12.31
15.81
4.96
1.26
3.63
9.5
7.6
8.33
11.28
6.62
- -

Capital Structure

HKD

•

in mil. unless spec.
Dec'24
Jun'25
Dec'25
ST Debt
74
53
77
LT Borrowings
- -
- -
- -
LT Finance Leases
43
36
25
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
1,332
1,332
1,332
Market Capitalization
111
172
205

Working Capital

HKD

•

in mil. unless spec.
Dec'24
Jun'25
Dec'25
Total Current Assets
955
851
920
Cash, Cash Equivalents & STI
283
349
447
Accounts Receivable, Net
196
171
155
Inventories
246
204
197
Total Current Liabilities
175
120
158
Payables & Accruals
- -
- -
- -
ST Debt
74
53
77
Deferred Revenue
- -
- -
- -

Growth Rates

HKD

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
8.63%
9.23%
6.88%
Free Cash Flow
403.73%
247.03%
89.7%
Net Income, GAAP
35.38%
39.88%
-35.83%
Sales/Revenue/Turnover
1.61%
6.95%
-17.63%
Total Cash Common Dividend
- -
- -
- -

Semi-annual Revenue

HKD

•

in mil. unless spec.

Year

H1
H2
FY
2023
- -
- -
714
2024
- -
- -
784
2025
- -
- -
645

Semi-annual Earnings Per Share

HKD

•

in mil. unless spec.

Year

H1
H2
FY
2023
- -
- -
0.04
2024
- -
- -
0.07
2025
- -
- -
0.04

Semi-annual Dividends Per Share

HKD

•

in mil. unless spec.

Year

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

Company Description

Company Profile APIChatGPT
CEO
An Sheng Yu
Full Time Employees
172
Sector
Distribution services
Industry
Wholesale distributors
Address
Grand Century Place Hong Kong Hong Kong
IPO Date
Dec 12, 2000
Website
chinapipegroup.com
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Business
China Pipe Group Limited, founded in 1949 and headquartered in Mong Kok, Hong Kong, is an investment holding company principally engaged in the trading and manufacturing of construction materials, with a core focus on pipe products. The company operates across Hong Kong, Macau, and Mainland China, offering a comprehensive range of products including copper tubes, ductile iron pipes, steel pipes and fittings, seamless pipes, and sanitary and stainless steel products. Its operations encompass wholesale and retail distribution, warehousing, logistics services, and property investment for rental income. China Pipe Group serves contractors, designers, consultants, and government agencies with solutions tailored to industrial and construction sectors. Recently, the company changed its name from Softpower International Limited to China Pipe Group Limited in June 2021 and has maintained steady business development by introducing high-quality global products and expanding logistics capabilities. The company reported resilience in financial performance in the first half of 2025 amid market challenges, with sustained profitability despite a revenue decline. Its subsidiaries provide diversified services including warehousing, logistics, and agency services, supporting China Pipe Group's core pipe trading and manufacturing businesses. The firm continues strategic efforts to integrate technology and resources to support regional economic growth across its key markets.