Impro Precision Industries Limited

Impro Precision Industries Limited

0.99
EUR
+0.06
(+6.45%)
1.75BMarket Cap
Mar 11Next Earn
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
1.39
1.66
2.05
2.15
1.55
2.01
2.31
2.44
2.48
2.7
- -
Basic EPS, GAAP
0.19
0.22
0.22
0.32
-0.08
0.2
0.31
0.31
0.34
0.38
- -
Free Cash Flow per Basic Share
0.15
0.23
0.16
0.3
0.21
-0.29
0.11
0.3
0.28
0.19
- -
Dividend per Share
0.03
0.06
0.05
0.1
0.06
0.05
0.15
0.16
0.16
0.16
- -
Book Value per Share
1.08
1.37
1.46
2.13
2.13
2.31
2.32
2.59
2.5
2.97
3.46
Tangible Book Value per Share
0.71
0.97
1.16
1.86
2.1
2.29
2.07
2.35
2.29
2.76
3.25
Basic Weighted Avg Shares
1,833
1,833
1,833
1,693
1,883
1,883
1,883
1,886
1,887
1,887
1,892
Sales/Revenue/Turnover
2,547
3,049
3,749
3,640
2,925
3,778
4,355
4,604
4,687
5,095
- -
Operating Margin (%)
20.25
19.15
19.37
18.84
14.92
14.18
17.57
15.26
16.14
17.22
- -
Depreciation Expense
296
291
292
316
326
342
344
421
416
431
- -
Net Income, GAAP
339
402
410
539
-148
383
582
585
644
726
- -
Effective Tax Rate (%)
17.39
16.57
15.58
15.58
- -
17.67
15.42
5.34
17.83
10.74
- -
Profit Margin (%)
13.32
13.17
10.93
14.8
-5.07
10.13
13.36
12.71
13.75
14.25
- -
Working Capital
47
28
111
1,008
1,128
1,165
1,140
1,062
1,208
1,292
2,108
LT Debt
1,087
866
775
398
368
749
1,249
1,222
1,273
1,365
1,531
Total Equity
1,980
2,529
2,684
4,027
4,033
4,379
4,398
4,901
4,743
5,623
6,845
Return on Invested Capital (%)
- -
11.09
10.65
11.94
- -
7.42
9.9
9.87
10.25
10.56
- -
Return on Capital (%)
- -
11.23
10.67
12.33
- -
7.46
10.09
10.08
10.41
10.73
- -
Return on Common Equity (%)
- -
17.86
15.8
16.13
-3.69
9.15
13.32
12.64
13.42
14.06
- -

Capital Structure

HKD

•

in mil. unless spec.
Jun'25
Dec'25
Jun'26
ST Debt
964
1,066
973
LT Borrowings
1,382
1,359
1,527
LT Finance Leases
8
6
4
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
1,887
1,887
1,947
Market Capitalization
5,552
9,057
15,701

Working Capital

HKD

•

in mil. unless spec.
Jun'25
Dec'25
Jun'26
Total Current Assets
3,284
3,432
4,404
Cash, Cash Equivalents & STI
655
721
1,248
Accounts Receivable, Net
1,211
1,236
1,485
Inventories
1,065
1,078
1,172
Total Current Liabilities
1,913
2,140
2,296
Payables & Accruals
- -
- -
- -
ST Debt
964
1,066
973
Deferred Revenue
- -
- -
- -

Growth Rates

HKD

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
- -
7.16%
18.56%
Free Cash Flow
- -
-45.9%
-33.65%
Net Income, GAAP
- -
-56.58%
12.71%
Sales/Revenue/Turnover
- -
12.14%
8.72%
Total Cash Common Dividend
- -
- -
- -

Semi-annual Revenue

HKD

•

in mil. unless spec.

Year

H1
H2
FY
2024
- -
- -
4,687
2025
- -
- -
5,095
2026
- -
- -
- -

Semi-annual Earnings Per Share

HKD

•

in mil. unless spec.

Year

H1
H2
FY
2024
- -
- -
0.34
2025
- -
- -
0.38
2026
- -
- -
- -

Semi-annual Dividends Per Share

HKD

•

in mil. unless spec.

Year

H1
H2
FY
2024
- -
- -
0.16
2025
- -
- -
0.16
2026
- -
- -
- -

Company Description

CEO
Rui Bo Lu
Full Time Employees
8,271
Sector
Non-energy minerals
Industry
Steel
Address
Shui On Centre Hong Kong Hong Kong
IPO Date
Jun 28, 2019
Business
Impro Precision Industries Limited (1286.HK) is a global leading manufacturer of high-precision, high-complexity and mission-critical casting and machined components for diverse end-markets including automotive, aerospace, medical, energy, construction equipment, agricultural equipment and recreational vehicles. The company, founded in 1998 in Wuxi, China, with global headquarters in Hong Kong since 2011, operates through four main segments: investment casting; precision machining and others; sand casting; and surface treatment, offering customized products such as components for fuel systems, electric fuel injection and exhaust systems, transmission systems, hydraulic orbital motors and tool parts, engine blocks, cylinder heads, emission and engine systems, marine engines and steering systems, motorcycle brakes, exhaust gas recirculation and body systems, motor shafts, turbochargers, and parts for distributed energy engines, electric vehicles, combine harvesters, seeders and tractors. It maintains an integrated business model providing one-stop solutions from tooling design and manufacturing, casting, secondary machining, heat treatment, surface treatment to finishing, with manufacturing plants across China, Mexico, Turkey, Germany and the Czech Republic, and sales offices supporting customers in the Americas, Europe and Asia; key clients include Bosch, Caterpillar, Cummins, Honeywell, HUSCO and Parker Hannifin. In recent developments, the company completed the relocation of its Foshan Ameriforge facility and merger with Nantong Plant No. 12 by end-2024, alongside significant capacity expansions in its Mexico SLP Campus—including a new high horsepower engine sand casting plant set for operation in early 2026—to accommodate customer shifts from China and other suppliers amid US tariff policies and trade tensions, with capital expenditures elevated at approximately HK$600 million in 2025 and sustained high levels into 2026; additionally, new medical end-market products entered mass production driving 50.6% revenue growth in the first half of 2025, high horsepower engine sales surged 48.3% fueled by AI data center demand, and overall revenue rose 2.0% to HK$2,449.9 million for the six months ended 30 June 2025, with adjusted profit attributable to shareholders up 11.6% to HK$359.6 million.