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China Hongqiao Group Ltd
Previous close
$12.98
Day range
$12.40 - $13.00
Year range
$5.17 - $14.24
Market cap
122.23B HKD
Avg Volume
42.99M
P/E ratio
6.28
Dividend yield
6.82%
Primary exchange
HKG
Market news
Financials
Income Statement
Revenue
Net income
(CNY) | Jun 2024info | Y/Y change |
---|---|---|
Revenue | 36.80B | 11.95% |
Operating expense | 1.41B | -9.56% |
Net income | 4.58B | 272.66% |
Net profit margin | 12.44 | 232.62% |
Earnings per share | — | — |
EBITDA | 9.17B | 196.81% |
Effective tax rate | 27.85% | — |
Balance Sheet
Total assets
Total liabilities
(CNY) | Jun 2024info | Y/Y change |
---|---|---|
Cash and short-term investments | 37.50B | 25.94% |
Total assets | 213.71B | 12.86% |
Total liabilities | 103.63B | 14.20% |
Total equity | 110.08B | — |
Shares outstanding | 9.48B | — |
Price to book | 1.23 | — |
Return on assets | 8.73% | — |
Return on capital | 10.39% | — |
Cash Flow
Net change in cash
(CNY) | Jun 2024info | Y/Y change |
---|---|---|
Net income | 4.58B | 272.66% |
Cash from operations | 7.13B | 101.27% |
Cash from investing | -3.23B | -6.62% |
Cash from financing | -1.03B | -269.75% |
Net change in cash | 2.89B | 141.64% |
Free cash flow | 3.18B | 301.60% |
About
China Hongqiao Group Limited is a company founded in 1994 that specializes in the production of aluminium. Hongqiao is currently the second largest aluminium producer in the world after Chinalco. It is listed on the Hong Kong Stock Exchange with stock code 1378, and is incorporated in George Town, Cayman Islands.
Its main production activities are headquartered in the Chinese Province of Shandong plus a new development in Yunnan Province.
The company's founder and former chairman, Zhang Shiping, was ranked 27th on the 2017 Forbes China Rich List with a net worth of $4.8 billion. His son, Zhang Bo, is the current chairman and chief executive officer of China Hongqiao.
From a family base of textile production, expansion into aluminium commenced in 2001 and the Group now has 6.46 million tonnes of licensed primary aluminium capacity, around 16 million tonnes of alumina capacity and is growing its newly established aluminium recycling business, along with downstream aluminium processing and lightweight innovation projects.
The company owns subsidiaries, including Shandong Weiqiao Aluminium Power Co., Ltd., Huimin Huihong New Aluminium Profiles Co., Ltd. and Hongqiao Investment Limited. Wikipedia
Founded
1994
Website
Employees
50,628