Mexan Limited logo

Mexan Limited

0022.HK

HKSEBasic MaterialsConstruction Materials

Latest quote

HK$1.71

−HK$0.005 · -0.29%

Aug 24, 1:23 PM HKTData delayed

0022.HK company overview

Regular session · HKT · Market data may be delayed.

Company profile

Company website

Mexan Limited is an investment holding company primarily engaged in hotel operations and the building materials sector. The company operates the 'Winland 800 Hotel' in Tsingyi, Hong Kong. It also supplies a range of building materials, including furniture, kitchen cabinets, and decorative lighting, and provides design and construction services for fit-out projects.

Industry
Construction Materials
Sector
Basic Materials
Headquarters
HK
CEO
Yiu Kay Lun
Listed since
Oct 8, 2003
Employees
21

Market position

Volume
47.2K
0.18× average
Average volume
256K
Average daily volume
Market cap
67.25M HKD
Beta
-0.27
Market reference 1

Financials

Financial snapshot

Latest / TTM

Valuation & yield

Enterprise value
289.81M HKD
EV / EBITDA
182.84×
Earnings yield
76.88%
Free cash flow yield
-5.98%

Profitability & efficiency

Return on equity
148.52%
Return on assets
142.06%
Return on invested capital
0.32%

Financial health

Current ratio
14.17×

Financial statements

Margin trends

Profitability as a percentage of reported revenue.

Gross marginOperating marginNet margin
Gross, operating, and net margin trends950%546%142%-262%Gross margin, FY2021: 31.47%Gross margin, FY2022: 35.07%Gross margin, FY2023: 38.99%Gross margin, FY2024: 18.43%Gross margin, FY2025: 40.89%Operating margin, FY2021: -133.69%Operating margin, FY2022: -18.04%Operating margin, FY2023: -5.69%Operating margin, FY2024: -38.15%Operating margin, FY2025: 1.82%Net margin, FY2021: -161.39%Net margin, FY2022: -18.81%Net margin, FY2023: -11.39%Net margin, FY2024: -85.18%Net margin, FY2025: 849.26%FY2021FY2022FY2023FY2024FY2025
Gross margin FY2021 31.47%. Gross margin FY2022 35.07%. Gross margin FY2023 38.99%. Gross margin FY2024 18.43%. Gross margin FY2025 40.89%. Operating margin FY2021 -133.69%. Operating margin FY2022 -18.04%. Operating margin FY2023 -5.69%. Operating margin FY2024 -38.15%. Operating margin FY2025 1.82%. Net margin FY2021 -161.39%. Net margin FY2022 -18.81%. Net margin FY2023 -11.39%. Net margin FY2024 -85.18%. Net margin FY2025 849.26%.

Income trends

Revenue

44.14M HKD+17.43%

Operating income

804K HKD+15.15M HKD

Net income

374.9M HKD+406.92M HKD
Income trends across reported periods416.83M HKD249.11M HKD81.38M HKD−86.34M HKDRevenue, FY2021: 27.52M HKDRevenue, FY2022: 126.36M HKDRevenue, FY2023: 176.94M HKDRevenue, FY2024: 37.59M HKDRevenue, FY2025: 44.14M HKDOperating income, FY2021: −36.78M HKDOperating income, FY2022: −22.8M HKDOperating income, FY2023: −10.08M HKDOperating income, FY2024: −14.34M HKDOperating income, FY2025: 804K HKDNet income, FY2021: −44.41M HKDNet income, FY2022: −23.77M HKDNet income, FY2023: −20.16M HKDNet income, FY2024: −32.02M HKDNet income, FY2025: 374.9M HKDFY2021FY2022FY2023FY2024FY2025
Revenue FY2021 27.52M HKD. Revenue FY2022 126.36M HKD. Revenue FY2023 176.94M HKD. Revenue FY2024 37.59M HKD. Revenue FY2025 44.14M HKD. Operating income FY2021 −36.78M HKD. Operating income FY2022 −22.8M HKD. Operating income FY2023 −10.08M HKD. Operating income FY2024 −14.34M HKD. Operating income FY2025 804K HKD. Net income FY2021 −44.41M HKD. Net income FY2022 −23.77M HKD. Net income FY2023 −20.16M HKD. Net income FY2024 −32.02M HKD. Net income FY2025 374.9M HKD.
Metric (HKD)FY2025FY2024FY2023FY2022FY2021
Revenue44.14M HKD37.59M HKD176.94M HKD126.36M HKD27.52M HKD
Cost of goods sold26.09M HKD30.66M HKD107.95M HKD82.04M HKD18.86M HKD
Gross profit18.05M HKD6.93M HKD69M HKD44.32M HKD8.66M HKD
Selling, general, and administrative17.25M HKD20.1M HKD42.47M HKD39.91M HKD24.74M HKD
Operating expenses17.25M HKD21.27M HKD72.33M HKD68.31M HKD46.15M HKD
Interest income4.66M HKD163K HKD1.29M HKD38K HKD932K HKD
Interest expense79K HKD643K HKD8.23M HKD2.88M HKD932K HKD
Depreciation and amortization781K HKD26.15M HKD26.6M HKD28.81M HKD18.1M HKD
Operating income804K HKD−14.34M HKD−10.08M HKD−22.8M HKD−36.78M HKD
Net income374.9M HKD−32.02M HKD−20.16M HKD−23.77M HKD−44.41M HKD

Company facts updated Aug 24, 2026.

Corporate actions

Corporate action history

Stock split

Effective Jul 6, 2026

1:50

0022.HK peers

Continue in GoAI

Research 0022.HK

research.disclaimer