Hung Hing Printing Group Limited

Hung Hing Printing Group Limited

HHKEX:450
0.61
HKD
0.00
(0.00%)
834.97MMarket 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
3.33
3.33
3.35
3.26
3.48
3.67
3.44
2.83
3.92
3.28
2.65
2.42
2.23
- -
Basic EPS, GAAP
0.09
0.01
0.04
0.04
1.17
-0.08
0.08
0.12
0.06
0.07
0.15
-0.05
-0.09
- -
Free Cash Flow per Basic Share
0.26
0.15
- -
0.07
-0.08
-0.22
0.09
0.17
-0.38
0.32
0.02
0.03
-0.24
- -
Dividend per Share
0.04
0.06
0.04
0.04
0.05
0.34
0.1
0.1
0.14
0.13
0.13
0.13
0.12
- -
Book Value per Share
3.03
2.96
2.93
2.88
4.03
3.57
3.5
3.57
3.51
3.36
3.37
3.13
2.95
2.95
Tangible Book Value per Share
2.91
2.85
2.82
2.78
3.95
3.48
3.4
3.42
3.37
3.23
3.25
3.02
2.81
2.81
Basic Weighted Avg Shares
905
906
906
906
900
894
897
902
901
899
902
906
908
907
Sales/Revenue/Turnover
3,013
3,016
3,037
2,956
3,136
3,277
3,084
2,554
3,529
2,950
2,387
2,195
2,025
- -
Operating Margin (%)
2.03
1.94
2.2
2.31
1.58
-1.81
2.92
1.3
1.4
1.11
1.18
-2.42
-4.4
- -
Depreciation Expense
117
110
109
105
101
105
123
124
129
129
124
131
124
- -
Net Income, GAAP
77
8
38
38
1,050
-75
76
109
52
66
135
-43
-79
- -
Effective Tax Rate (%)
21.77
70.18
34.63
29.93
12.09
- -
22.47
16.49
27.87
27.28
21.34
- -
- -
- -
Profit Margin (%)
2.56
0.26
1.26
1.28
33.5
-2.27
2.46
4.28
1.47
2.24
5.66
-1.98
-3.9
- -
Working Capital
1,666
1,667
1,600
1,666
2,713
2,086
1,958
2,086
2,079
1,740
1,591
1,474
1,327
1,327
LT Debt
195
195
85
155
131
107
51
3
2
28
23
22
14
14
Total Equity
2,915
2,844
2,812
2,758
3,815
3,398
3,328
3,388
3,347
3,190
3,175
2,959
2,792
2,792
Return on Invested Capital (%)
2.66
0.37
1.46
1.51
29.97
- -
2.08
3.04
1.46
1.72
4.09
- -
- -
- -
Return on Capital (%)
2.38
0.28
1.19
1.22
29.83
- -
2.5
3.43
1.6
2.32
4.33
- -
- -
- -
Return on Common Equity (%)
2.85
0.29
1.43
1.43
33.51
-2.16
2.36
3.41
1.62
2.12
4.43
-1.47
-2.86
- -

Capital Structure

HKD

•

in mil. unless spec.
Dec'24
Jun'25
Dec'25
ST Debt
80
64
39
LT Borrowings
- -
- -
- -
LT Finance Leases
22
13
14
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
907
908
908
Market Capitalization
889
862
835

Working Capital

HKD

•

in mil. unless spec.
Dec'24
Jun'25
Dec'25
Total Current Assets
1,882
1,777
1,697
Cash, Cash Equivalents & STI
975
760
658
Accounts Receivable, Net
450
513
552
Inventories
342
374
362
Total Current Liabilities
408
400
370
Payables & Accruals
- -
- -
- -
ST Debt
80
64
39
Deferred Revenue
- -
- -
- -

Growth Rates

HKD

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
0.64%
-3.77%
-5.64%
Free Cash Flow
433.15%
-263.84%
-837.98%
Net Income, GAAP
244.39%
5.85%
82.03%
Sales/Revenue/Turnover
-2.83%
-2.62%
-7.73%
Total Cash Common Dividend
- -
- -
-7.69%

Semi-annual Revenue

HKD

•

in mil. unless spec.

Year

H1
H2
FY
2023
- -
- -
2,387
2024
- -
- -
2,195
2025
- -
- -
2,025

Semi-annual Earnings Per Share

HKD

•

in mil. unless spec.

Year

H1
H2
FY
2023
- -
- -
0.15
2024
- -
- -
-0.05
2025
- -
- -
-0.09

Semi-annual Dividends Per Share

HKD

•

in mil. unless spec.

Year

H1
H2
FY
2023
- -
- -
0.13
2024
- -
- -
0.13
2025
- -
- -
0.12

Company Description

CEO
Chak Ming Yum
Full Time Employees
4,769
Sector
Consumer services
Industry
Publishing: books/magazines
Address
Hung Hing Printing Centre Hong Kong Hong Kong
IPO Date
Mar 16, 1992
Business
Hung Hing Printing Group Limited, an investment holding company listed on the Hong Kong Stock Exchange (0450.HK), engages in book and package printing, consumer product packaging, corrugated box manufacturing and paper trading primarily in Hong Kong, mainland China, Vietnam, the United States, the United Kingdom and other international markets. Founded in 1950 as a small printing shop in Central, Hong Kong, by Mr. Yam Cheong Hung, the group is headquartered at Hung Hing Printing Centre, 17-19 Dai Hei Street, Tai Po Industrial Estate, Tai Po, Hong Kong, and operates manufacturing facilities in Hong Kong; Zhongshan, Shenzhen, Wuxi, Heshan and Foshan in mainland China; and two plants in Vietnam including the recently commissioned HHD (Thai Ha) Company Limited in Ninh Binh Province. Core products and services encompass publishing printing including children's, conventional, novelty and other books with various binding options, finishes and complexities; consumer product packaging such as premium functional and decorative boxes, folding cartons, litho-laminated cartons, blister cards, point-of-sale displays, luxury packaging for chocolate, cosmetics, gifts, jewelry, wine and spirits, as well as food, toys and personal care product packaging with integrated structure design, testing, planning, fulfillment, storage and just-in-time delivery; corrugated box manufacturing featuring high-quality printed cartons, containers and paper products for toys, food, beverages and electronics; and paper trading through subsidiary Sun Hing Paper Company Limited, one of the largest such businesses in Hong Kong and southern China serving internal group needs and external clients. Recent developments include the groundbreaking and commissioning in 2025 of a second Vietnam facility at Thai Ha Industrial Park to double capacity there following the 2019 establishment of HH Dream Printing Company Limited; renewal of sale and purchase framework agreements with Rengo for paper products effective January 2025; PAPERY™'s ecoVisionCase winning Environmental Bronze at the Asian Print Awards in October 2025 and Beluga innovations recognized in FUJIFILM’s Innovation Print Awards in August 2024; introduction of green swatches in November 2024; celebration of the 75th anniversary in January 2025; and prior acquisitions such as Guangdong Lianhe Packaging Co Ltd in Foshan in 2018 alongside expansions in Heshan and logistics enhancements in Shenzhen and Zhongshan. The group employs approximately 5,000 people across over 0.6 million square meters of plant space and emphasizes sustainable innovations in printed products and solutions for global publishers, brands and manufacturers.