1. Hong Kong Stocks

  2. •

    Process industries

  3. •

    Agricultural commodities/Milling
Global Corn Group Limited

Global Corn Group Limited

HHKEX:3889
0.06
HKD
+0.00
(-3.39%)
175.76MMarket 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
2.75
1.91
1.08
0.65
0.91
1.28
1.28
0.5
0.48
0.24
0.29
0.36
0.25
- -
Basic EPS, GAAP
-0.21
-0.72
-0.49
-0.11
-0.09
-0.14
-0.11
-0.01
-0.06
-0.14
0.19
0.04
-0.07
- -
Free Cash Flow per Basic Share
0.18
0.17
-0.01
-0.1
-0.02
0.01
- -
-0.02
-0.19
0.01
0.06
-0.11
-0.02
- -
Dividend per Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Book Value per Share
1.34
0.61
0.12
0.01
-0.08
-0.2
-0.27
-0.27
-0.32
-0.44
-0.25
-0.12
-0.18
-0.18
Tangible Book Value per Share
1.22
0.61
0.12
0.01
-0.08
-0.2
-0.27
-0.28
-0.32
-0.44
-0.25
-0.12
-0.18
-0.18
Basic Weighted Avg Shares
1,528
1,528
1,528
1,528
1,528
1,528
1,528
1,528
1,528
1,528
1,528
1,748
1,930
1,930
Sales/Revenue/Turnover
4,200
2,920
1,649
995
1,395
1,961
1,957
769
728
360
441
623
491
- -
Operating Margin (%)
-5.56
-13.22
-4.48
-11.91
-5.76
-4.79
-4.15
-9.28
-14.2
-17.65
-11.21
-10.05
-7.9
- -
Depreciation Expense
147
143
134
46
69
85
81
82
68
76
79
28
44
- -
Net Income, GAAP
-320
-1,093
-753
-162
-140
-208
-163
-9
-96
-212
290
67
-132
- -
Effective Tax Rate (%)
- -
- -
- -
- -
- -
- -
- -
191.99
- -
- -
- -
- -
- -
- -
Profit Margin (%)
-7.62
-37.44
-45.69
-16.31
-10.05
-10.63
-8.31
-1.13
-13.22
-59.1
65.68
10.69
-26.86
- -
Working Capital
217
224
-128
-679
-712
-1,024
-1,111
-885
-1,126
-1,207
-734
-652
-799
-799
LT Debt
37
570
190
200
416
183
201
185
1
- -
- -
- -
- -
- -
Total Equity
2,037
924
178
12
-123
-313
-411
-425
-501
-681
-382
-218
-344
-344
Return on Invested Capital (%)
- -
- -
- -
- -
- -
- -
- -
10.55
- -
- -
- -
- -
- -
- -
Return on Capital (%)
- -
- -
- -
- -
- -
- -
- -
-19.44
- -
- -
- -
- -
- -
- -
Return on Common Equity (%)
-14.63
-73.52
-135.17
-160.37
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -

Capital Structure

HKD

•

in mil. unless spec.
Dec'24
Jun'25
Dec'25
ST Debt
300
318
325
LT Borrowings
- -
- -
- -
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
1,890
1,931
1,931
Market Capitalization
227
195
176

Working Capital

HKD

•

in mil. unless spec.
Dec'24
Jun'25
Dec'25
Total Current Assets
134
150
118
Cash, Cash Equivalents & STI
5
3
1
Accounts Receivable, Net
77
78
58
Inventories
34
42
39
Total Current Liabilities
787
859
916
Payables & Accruals
- -
- -
- -
ST Debt
300
318
325
Deferred Revenue
- -
- -
- -

Growth Rates

HKD

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
-100.57%
4.95%
57.63%
Free Cash Flow
51.18%
183.08%
-80.3%
Net Income, GAAP
35.26%
102.54%
-297.95%
Sales/Revenue/Turnover
-3.3%
-2.63%
-21.24%
Total Cash Common Dividend
- -
- -
- -

Semi-annual Revenue

HKD

•

in mil. unless spec.

Year

H1
H2
FY
2023
- -
- -
441
2024
- -
- -
623
2025
- -
- -
491

Semi-annual Earnings Per Share

HKD

•

in mil. unless spec.

Year

H1
H2
FY
2023
- -
- -
0.19
2024
- -
- -
0.04
2025
- -
- -
-0.07

Semi-annual Dividends Per Share

HKD

•

in mil. unless spec.

Year

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

Company Description

Company Profile APIChatGPT
CEO
Yang Lijuan
Full Time Employees
410
Sector
Process industries
Industry
Agricultural commodities/Milling
Address
The Metropolis Tower Hong Kong BJ Hong Kong 102200
IPO Date
Sep 20, 2007
Website
global-corn.com
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Business
Global Corn Group Limited (3889.HK), formerly Global Sweeteners Holdings Limited, is an investment holding company principally engaged in the research, development, production and sale of corn refined products and corn sweeteners primarily in the People's Republic of China. The company operates through two main segments: Corn Refined Products, which manufactures and sells corn starch, gluten meal, corn oil and other corn refined products; and Corn Sweeteners, which produces corn syrup, corn syrup solids, sugar alcohols and related sweeteners for applications in the food and beverage, confectionery, dairy products, fermentation, chemical, cosmetics and pharmaceutical industries. In terms of production capacity and volume, Global Corn Group ranks among the largest corn sweeteners producers in China. Founded in 1998 and headquartered at Unit 1206, 12/F, The Metropolis Tower, 10 Metropolis Drive, Hung Hom, Kowloon, Hong Kong, the company maintains production facilities in regions such as Changchun in Jilin Province and the Yangtze River Delta. Its products serve a diverse customer base across domestic and select international markets, with a focus on industrial users requiring high-quality corn derivatives. Global Corn Group emphasizes ongoing research and development to enhance product characteristics and production processes. In recent developments, the company underwent a significant rebranding from Global Sweeteners Holdings Limited to Global Corn Group Limited, reflecting a strategic shift to broaden its emphasis on comprehensive corn processing operations. It reported a swing to a loss for the half-year ended June 30, 2025, amid market challenges, while earlier in August 2025 it highlighted a significant upsurge in certain financial metrics; additionally, in March 2025, its predecessor entity noted over 40% growth in consolidated results for the prior full year. No major acquisitions, partnerships or new product launches were publicly announced in the last one to two years.