Yip's Chemical Holdings Limited logo

Yip's Chemical Holdings Limited

0408.HK

HKSEBasic MaterialsChemicals - Specialty

Latest quote

HK$2.67

HK$0.00 · 0.00%

Aug 24, 10:54 AM HKTData delayed

0408.HK company overview

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Company profile

Company website

Yip's Chemical Holdings Limited operates as an investment holding company, engaging in the manufacturing and worldwide distribution of petrochemical products across mainland China, Hong Kong, and other international regions. Its operations are organized into five distinct divisions: Solvents, Coatings, Inks, Lubricants, and Properties. The Solvents segment is responsible for producing industrial organic solvents, including ethyl acetate, various butyl acetates, ethanol, and butyl acrylate, which are crucial components for industries such as coatings, tannery, pharmaceuticals, and adhesives. The Coatings segment offers a broad spectrum of architectural coatings, encompassing both interior and exterior wall paints, water-based emulsion, and wood finishes for residential use. It also manufactures industrial coatings tailored for furniture, plastic goods, and mechanical products, alongside providing alkyd, acrylic, UV, amino, and water-based resins, as well as PU hardeners. This segment's products are branded as Camel, Aquapro, and VIVA. The Inks segment specializes in producing plastic and paper printing inks essential for food, beverage, and gift packaging, as well as for general paper printing applications. The Lubricants segment provides an extensive array of automotive and industrial lubricants, such as engine oils, antifreezes, system coolants, brake fluids, greases, gear oils, automatic transmission fluids, hydraulic oils, turbine oils, and circulating oils, primarily under the Hercules brand. Additionally, it offers specialty lubricants under the Pacoil brand, serving diverse industries including metal processing, automotive, home appliances, electronics, steel, toys, power generation, textiles, and various other manufacturing sectors. The Properties segment is dedicated to property investment. Beyond these core business lines, the company also participates in the trading of coatings, solvents, resins, inks, lubricants, and sanitizing products. Furthermore, it offers treasury and car maintenance services, and generates and sells electricity. Founded in 1971 and previously known as Hang Cheung Hong, Yip's Chemical Holdings Limited maintains its corporate headquarters in Wanchai, Hong Kong.

Industry
Chemicals - Specialty
Sector
Basic Materials
Headquarters
HK
CEO
Kwan Ip
Listed since
Aug 22, 1991
Employees
2,217

Market position

52-week range

Current HK$2.67

Open
HK$2.67
Previous close
HK$2.67
Volume
52K
0.27× average
Average volume
191.18K
Average daily volume
Market cap
1.49B HKD
Beta
0.37
Market reference 1
50-day average
HK$2.3426
+13.98% above average
200-day average
HK$2.1569
+23.79% above average

Financials

Financial snapshot

Latest / TTM

Valuation & yield

Enterprise value
1.63B HKD
EV / EBITDA
8.93×
Earnings yield
12.88%
Free cash flow yield
7.04%

Profitability & efficiency

Return on equity
3.42%
Return on assets
2.01%
Return on invested capital
0.46%

Financial health

Current ratio
1.13×
Altman Z-score
1.38
Piotroski F-score
7 of 9

Financial statements

Margin trends

Profitability as a percentage of reported revenue.

Gross marginOperating marginNet margin
Gross, operating, and net margin trends40%24%8%-7%Gross margin, FY2021: 20.85%Gross margin, FY2022: 21.37%Gross margin, FY2023: 24.32%Gross margin, FY2024: 23.52%Gross margin, FY2025: 25.36%Operating margin, FY2021: -3.47%Operating margin, FY2022: -1.47%Operating margin, FY2023: 0.16%Operating margin, FY2024: 0.93%Operating margin, FY2025: 1.21%Net margin, FY2021: 10.17%Net margin, FY2022: 36.26%Net margin, FY2023: 2.69%Net margin, FY2024: 3.06%Net margin, FY2025: 4.59%FY2021FY2022FY2023FY2024FY2025
Gross margin FY2021 20.85%. Gross margin FY2022 21.37%. Gross margin FY2023 24.32%. Gross margin FY2024 23.52%. Gross margin FY2025 25.36%. Operating margin FY2021 -3.47%. Operating margin FY2022 -1.47%. Operating margin FY2023 0.16%. Operating margin FY2024 0.93%. Operating margin FY2025 1.21%. Net margin FY2021 10.17%. Net margin FY2022 36.26%. Net margin FY2023 2.69%. Net margin FY2024 3.06%. Net margin FY2025 4.59%.

Income trends

Revenue

2.99B HKD-5.34%

Operating income

36.27M HKD+23.30%

Net income

137.41M HKD+41.83%
Income trends across reported periods4.41B HKD2.75B HKD1.1B HKD−551.92M HKDRevenue, FY2021: 3.99B HKDRevenue, FY2022: 3.36B HKDRevenue, FY2023: 3.22B HKDRevenue, FY2024: 3.16B HKDRevenue, FY2025: 2.99B HKDOperating income, FY2021: −138.64M HKDOperating income, FY2022: −49.31M HKDOperating income, FY2023: 5.16M HKDOperating income, FY2024: 29.42M HKDOperating income, FY2025: 36.27M HKDNet income, FY2021: 406.28M HKDNet income, FY2022: 1.22B HKDNet income, FY2023: 86.62M HKDNet income, FY2024: 96.88M HKDNet income, FY2025: 137.41M HKDFY2021FY2022FY2023FY2024FY2025
Revenue FY2021 3.99B HKD. Revenue FY2022 3.36B HKD. Revenue FY2023 3.22B HKD. Revenue FY2024 3.16B HKD. Revenue FY2025 2.99B HKD. Operating income FY2021 −138.64M HKD. Operating income FY2022 −49.31M HKD. Operating income FY2023 5.16M HKD. Operating income FY2024 29.42M HKD. Operating income FY2025 36.27M HKD. Net income FY2021 406.28M HKD. Net income FY2022 1.22B HKD. Net income FY2023 86.62M HKD. Net income FY2024 96.88M HKD. Net income FY2025 137.41M HKD.
Metric (HKD)FY2025FY2024FY2023FY2022FY2021
Revenue2.99B HKD3.16B HKD3.22B HKD3.36B HKD3.99B HKD
Cost of goods sold2.23B HKD2.42B HKD2.43B HKD2.64B HKD15.64B HKD
Gross profit759.15M HKD743.65M HKD782.27M HKD717.73M HKD832.83M HKD
Selling, general, and administrative722.88M HKD714.23M HKD777.11M HKD785.1M HKD1.43B HKD
Operating expenses722.88M HKD714.23M HKD777.11M HKD775.7M HKD971.46M HKD
Interest income14.58M HKD23.08M HKD47.24M HKD5.17M HKD9.27M HKD
Interest expense39.95M HKD62.42M HKD67.09M HKD48.95M HKD27.87M HKD
Depreciation and amortization92.76M HKD45.46M HKD65.91M HKD71.29M HKD76.44M HKD
Operating income36.27M HKD29.42M HKD5.16M HKD−49.31M HKD−138.64M HKD
Net income137.41M HKD96.88M HKD86.62M HKD1.22B HKD406.28M HKD

Company facts updated Aug 24, 2026.

Earnings

Latest EPS result
0.11

EPS: actual versus estimate

Recent quarterly results

ActualEstimate
Estimates unavailable
Quarterly EPS actual values compared with estimates0.580.390.210.02Q2 '21Q4 '21Q3 '22Q1 '23Q3 '23Q1 '24Q3 '24Q1 '25
Q2 2021, reported Jun 30, 2021: actual 0.539, estimate —, surprise —, Comparison unavailable. Q4 2021, reported Dec 31, 2021: actual 0.189, estimate —, surprise —, Comparison unavailable. Q3 2022, reported Aug 18, 2022: actual 0.191, estimate —, surprise —, Comparison unavailable. Q1 2023, reported Mar 24, 2023: actual 0.109, estimate —, surprise —, Comparison unavailable. Q3 2023, reported Aug 17, 2023: actual 0.029, estimate —, surprise —, Comparison unavailable. Q1 2024, reported Mar 22, 2024: actual 0.124, estimate —, surprise —, Comparison unavailable. Q3 2024, reported Aug 22, 2024: actual 0.06, estimate —, surprise —, Comparison unavailable. Q1 2025, reported Mar 21, 2025: actual 0.112, estimate —, surprise —, Comparison unavailable.

Revenue: actual versus estimate

Recent quarterly results

ActualEstimate
Quarterly Revenue actual values compared with estimates11.8B8.31B4.82B1.32BQ2 '21No estimateQ4 '21No estimateQ3 '22MissQ1 '23MissQ3 '23MissQ1 '24MissQ3 '24No estimateQ1 '25No estimate
Q2 2021, reported Jun 30, 2021: actual 8.45B HKD, estimate —, surprise —, Comparison unavailable. Q4 2021, reported Dec 31, 2021: actual 9.35B HKD, estimate —, surprise —, Comparison unavailable. Q3 2022, reported Aug 18, 2022: actual 1.77B HKD, estimate 11.04B HKD, surprise -83.96%, Miss. Q1 2023, reported Mar 24, 2023: actual 1.59B HKD, estimate 11.04B HKD, surprise -85.62%, Miss. Q3 2023, reported Aug 17, 2023: actual 1.57B HKD, estimate 11.04B HKD, surprise -85.81%, Miss. Q1 2024, reported Mar 22, 2024: actual 1.65B HKD, estimate 11.04B HKD, surprise -85.06%, Miss. Q3 2024, reported Aug 22, 2024: actual 1.56B HKD, estimate —, surprise —, Comparison unavailable. Q1 2025, reported Mar 21, 2025: actual 1.61B HKD, estimate —, surprise —, Comparison unavailable.

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