Hing Lee (HK) Holdings Limited

Hing Lee (HK) Holdings Limited

HHKEX:396
0.23
HKD
+0.01
(+3.65%)
84.85MMarket 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
0.93
0.83
0.64
0.49
0.39
0.33
0.37
0.25
0.22
0.12
0.12
0.14
0.09
- -
Basic EPS, GAAP
0.01
0.04
0.02
0.01
0.01
-0.09
-0.13
-0.07
-0.01
-0.03
-0.01
0.02
- -
- -
Free Cash Flow per Basic Share
0.03
0.04
0.05
-0.04
-0.01
- -
-0.07
-0.03
-0.04
- -
0.02
0.01
0.02
- -
Dividend per Share
- -
0.01
0.01
- -
- -
- -
- -
- -
- -
- -
- -
0.08
0.01
- -
Book Value per Share
0.5
0.53
0.5
0.49
0.52
0.41
0.26
0.19
0.18
0.15
0.13
0.06
0.06
0.06
Tangible Book Value per Share
0.43
0.46
0.43
0.43
0.45
0.35
0.24
0.16
0.16
0.12
0.11
0.06
0.06
0.06
Basic Weighted Avg Shares
727
730
761
806
806
807
808
808
808
808
808
808
808
808
Sales/Revenue/Turnover
677
607
485
394
311
263
300
203
175
100
94
114
77
- -
Operating Margin (%)
1.61
6.16
3.12
3.84
-5.76
-29.44
-21.22
-27.92
0.27
-21.79
-7.3
2.14
-0.3
- -
Depreciation Expense
17
18
17
17
15
16
22
17
10
9
7
6
4
- -
Net Income, GAAP
5
28
17
11
9
-74
-105
-59
-6
-27
-11
15
1
- -
Effective Tax Rate (%)
12.54
5.69
0.79
13.94
10.91
- -
- -
- -
- -
- -
- -
- -
- -
- -
Profit Margin (%)
0.67
4.63
3.44
2.68
2.95
-28.26
-35.14
-29.1
-3.15
-26.69
-12.16
13.46
1.03
- -
Working Capital
3
3
22
55
60
49
74
17
14
16
12
49
41
41
LT Debt
44
2
- -
- -
- -
- -
- -
12
9
6
2
- -
1
1
Total Equity
374
411
401
397
417
335
212
153
147
119
107
52
45
45
Return on Invested Capital (%)
2.1
7.59
4.3
2.88
2.54
- -
- -
- -
- -
- -
- -
17.12
1.96
- -
Return on Capital (%)
1.57
6.13
4.51
2.84
2.47
- -
- -
- -
- -
- -
- -
15.79
1.84
- -
Return on Common Equity (%)
1.26
7.36
4.18
2.65
2.26
-19.74
-38.62
-32.47
-3.67
-20.14
-10.14
19.25
1.62
- -

Capital Structure

HKD

•

in mil. unless spec.
Dec'24
Jun'25
Dec'25
ST Debt
2
- -
3
LT Borrowings
- -
- -
- -
LT Finance Leases
- -
- -
1
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
808
808
808
Market Capitalization
72
75
85

Working Capital

HKD

•

in mil. unless spec.
Dec'24
Jun'25
Dec'25
Total Current Assets
63
66
57
Cash, Cash Equivalents & STI
27
32
35
Accounts Receivable, Net
31
27
17
Inventories
4
3
3
Total Current Liabilities
14
12
16
Payables & Accruals
- -
- -
- -
ST Debt
2
- -
3
Deferred Revenue
- -
- -
- -

Growth Rates

HKD

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
-17.79%
-19.53%
-13.32%
Free Cash Flow
902.59%
1,598.98%
196.27%
Net Income, GAAP
-105.14%
-18.21%
-94.86%
Sales/Revenue/Turnover
-14.79%
-14.9%
-32.59%
Total Cash Common Dividend
- -
- -
-86.68%

Semi-annual Revenue

HKD

•

in mil. unless spec.

Year

H1
H2
FY
2023
- -
- -
94
2024
- -
- -
114
2025
- -
- -
77

Semi-annual Earnings Per Share

HKD

•

in mil. unless spec.

Year

H1
H2
FY
2023
- -
- -
-0.01
2024
- -
- -
0.02
2025
- -
- -
- -

Semi-annual Dividends Per Share

HKD

•

in mil. unless spec.

Year

H1
H2
FY
2023
- -
- -
- -
2024
- -
- -
0.08
2025
- -
- -
0.01

Company Description

CEO
Kai Hing Sung
Full Time Employees
90
Sector
Consumer durables
Industry
Home furnishings
Address
Delta House Hong Kong Hong Kong
IPO Date
Jun 22, 2009
Business
Hing Lee (HK) Holdings Limited, founded in 1993 and headquartered in Sha Tin, Hong Kong, is an investment holding company principally engaged in the design, manufacture, marketing, sale, and export of residential furniture products. Its core product portfolio includes wood-based furniture, sofas, and mattresses primarily serving bedroom, living room, dining room, and home office use. The company markets these products under its proprietary brands AOMAX, MOGOU, JOHNSTON, and ORIANT. Hing Lee also provides ancillary services such as promotional support related to product layout design, fitting and display, and the licensing of its brands and product designs internationally. Operating across China, the United States, Asia, and Europe, Hing Lee focuses on the high-quality segment of the residential furniture market, combining classical European luxury styles with meticulous craftsmanship. The company maintains environmental sustainability efforts in its production processes by integrating technologies such as sewage treatment facilities, centralized dust vacuum systems, and fully automated UV spray-coating lines to reduce pollution. These initiatives align with certifications like the Forest Stewardship Council (FSC), promoting the use of sustainable wood and timber materials. Recent developments over the past 1-2 years include ongoing strategic operational advancements reflected in regular financial reporting and interim dividend considerations. The company continues to emphasize its commitment to environmental, social, and governance (ESG) practices, including advanced waste treatment and noise reduction technologies in its manufacturing facilities, enhancing operational efficiency and corporate responsibility. Hing Lee remains focused on expanding its international footprint while sustaining its heritage of premium residential furniture offerings and related service enhancements.