Minth Group Limited logo

Minth Group Limited

0425.HK

HKSEConsumer CyclicalAuto - Parts

Latest quote

HK$27.50

−HK$1.50 · -5.17%

Aug 24, 4:08 PM HKT

0425.HK company overview

Regular session · HKT · Market data may be delayed.

Company profile

Company website

Minth Group Limited, established in 1992 and headquartered in Jiaxing, China, functions as an investment holding company with a broad scope of business activities. Its core operations revolve around the design, development, production, processing, and distribution of passenger car body parts and associated molds, serving markets in China, the United States, Japan, Thailand, Germany, and Mexico. Beyond its primary automotive components business, Minth Group demonstrates significant diversification. The company manufactures and develops crucial electric vehicle (EV) components, such as batteries and motor systems, and also produces complete electric vehicles, buses, and modified cars. Its manufacturing capabilities further extend to optical parts, various metal molds, automation machinery, software, and production line solutions. Minth Group's extensive portfolio also includes import and export trading, wholesale of packaging materials, logistics services, and technology import. It is involved in the trade and manufacturing of metal products, the production and sale of electrical and electronic equipment, and the design, development, and trade of robotic systems. Furthermore, the company provides a range of services, including bookkeeping, customer service and market development, agricultural services, and management consulting, in addition to offering automobile glass and light metals casting.

Industry
Auto - Parts
Sector
Consumer Cyclical
Headquarters
TW
CEO
Ching Lien Wei
Listed since
Dec 1, 2005
Employees
27,367

Market position

Day range

Current HK$27.50

52-week range

Current HK$27.50

Open
HK$29.26
Previous close
HK$29.00
Volume
6.17M
1.25× average
Average volume
4.94M
Average daily volume
Market cap
32.21B HKD
Beta
1.32
Market reference 1
50-day average
HK$28.0952
-2.12% below average
200-day average
HK$34.0655
-19.27% below average

Financials

Financial snapshot

Latest / TTM

Valuation & yield

P/E (TTM)
10.17×
P/B (TTM)
1.18×
P/S (TTM)
1.07×
Dividend yield
5.56%

Profitability & efficiency

Gross margin
28.00%
Operating margin
10.90%
Net margin
10.46%

Financial health

Debt / equity
0.42×

Financial statements

Margin trends

Profitability as a percentage of reported revenue.

Gross marginOperating marginNet margin
Gross, operating, and net margin trends31%23%15%6%Gross margin, FY2021: 29.34%Gross margin, FY2022: 27.58%Gross margin, FY2023: 27.39%Gross margin, FY2024: 28.94%Gross margin, FY2025: 28.00%Operating margin, FY2021: 8.32%Operating margin, FY2022: 8.16%Operating margin, FY2023: 9.56%Operating margin, FY2024: 12.51%Operating margin, FY2025: 10.90%Net margin, FY2021: 10.75%Net margin, FY2022: 8.67%Net margin, FY2023: 9.27%Net margin, FY2024: 10.02%Net margin, FY2025: 10.46%FY2021FY2022FY2023FY2024FY2025
Gross margin FY2021 29.34%. Gross margin FY2022 27.58%. Gross margin FY2023 27.39%. Gross margin FY2024 28.94%. Gross margin FY2025 28.00%. Operating margin FY2021 8.32%. Operating margin FY2022 8.16%. Operating margin FY2023 9.56%. Operating margin FY2024 12.51%. Operating margin FY2025 10.90%. Net margin FY2021 10.75%. Net margin FY2022 8.67%. Net margin FY2023 9.27%. Net margin FY2024 10.02%. Net margin FY2025 10.46%.

Income trends

Revenue

25.74B HKD+11.19%

Operating income

2.8B HKD-3.10%

Net income

2.69B HKD+16.08%
Income trends across reported periods28.2B HKD18.36B HKD8.53B HKD−1.3B HKDRevenue, FY2021: 13.92B HKDRevenue, FY2022: 17.31B HKDRevenue, FY2023: 20.52B HKDRevenue, FY2024: 23.15B HKDRevenue, FY2025: 25.74B HKDOperating income, FY2021: 1.16B HKDOperating income, FY2022: 1.41B HKDOperating income, FY2023: 1.96B HKDOperating income, FY2024: 2.89B HKDOperating income, FY2025: 2.8B HKDNet income, FY2021: 1.5B HKDNet income, FY2022: 1.5B HKDNet income, FY2023: 1.9B HKDNet income, FY2024: 2.32B HKDNet income, FY2025: 2.69B HKDFY2021FY2022FY2023FY2024FY2025
Revenue FY2021 13.92B HKD. Revenue FY2022 17.31B HKD. Revenue FY2023 20.52B HKD. Revenue FY2024 23.15B HKD. Revenue FY2025 25.74B HKD. Operating income FY2021 1.16B HKD. Operating income FY2022 1.41B HKD. Operating income FY2023 1.96B HKD. Operating income FY2024 2.89B HKD. Operating income FY2025 2.8B HKD. Net income FY2021 1.5B HKD. Net income FY2022 1.5B HKD. Net income FY2023 1.9B HKD. Net income FY2024 2.32B HKD. Net income FY2025 2.69B HKD.
Metric (HKD)FY2025FY2024FY2023FY2022FY2021
Revenue25.74B HKD23.15B HKD20.52B HKD17.31B HKD13.92B HKD
Cost of goods sold18.53B HKD16.45B HKD14.9B HKD12.53B HKD9.84B HKD
Gross profit7.21B HKD6.7B HKD5.62B HKD4.77B HKD4.08B HKD
Research and development1.5B HKD1.45B HKD1.4B HKD1.17B HKD940.7M HKD
Selling, general, and administrative2.9B HKD2.69B HKD2.24B HKD2.16B HKD1.98B HKD
Operating expenses4.4B HKD3.8B HKD3.66B HKD3.36B HKD2.93B HKD
Interest income206.3M HKD325.29M HKD356.13M HKD286.41M HKD285M HKD
Interest expense324.91M HKD521.02M HKD515.5M HKD263.19M HKD263.31M HKD
Depreciation and amortization1.61B HKD1.3B HKD1.3B HKD1.04B HKD847.92M HKD
Operating income2.8B HKD2.89B HKD1.96B HKD1.41B HKD1.16B HKD
Net income2.69B HKD2.32B HKD1.9B HKD1.5B HKD1.5B HKD

Company facts updated Aug 24, 2026.

Earnings

EPS beat rate
82%
9 beats, 2 misses, 0 met estimates
Average EPS surprise
+2.95%
11 comparable reports
Latest EPS result
1.37
Estimate 1.34 · Beat by 2.24%

EPS: actual versus estimate

Recent quarterly results

ActualEstimate
Quarterly EPS actual values compared with estimates1.441.190.950.7Q4 '22BeatQ2 '23BeatQ4 '23BeatQ2 '24BeatQ4 '24BeatQ2 '25BeatQ1 '26BeatQ3 '26Estimate
Q4 2022, reported Dec 31, 2022: actual 0.835, estimate 0.77, surprise +8.44%, Beat. Q2 2023, reported Jun 30, 2023: actual 0.834, estimate 0.756, surprise +10.32%, Beat. Q4 2023, reported Dec 31, 2023: actual 0.977, estimate 0.968, surprise +0.93%, Beat. Q2 2024, reported Jun 30, 2024: actual 0.997, estimate 0.946, surprise +5.39%, Beat. Q4 2024, reported Dec 31, 2024: actual 1.16, estimate 1.01, surprise +14.85%, Beat. Q2 2025, reported Jun 30, 2025: actual 1.22, estimate 1.17, surprise +4.27%, Beat. Q1 2026, reported Mar 23, 2026: actual 1.37, estimate 1.34, surprise +2.24%, Beat. Q3 2026, reported Aug 25, 2026: actual —, estimate 1.38, surprise —, Comparison unavailable.

Revenue: actual versus estimate

Recent quarterly results

ActualEstimate
Quarterly Revenue actual values compared with estimates16.44B14.18B11.91B9.64BQ4 '22BeatQ2 '23BeatQ4 '23MissQ2 '24BeatQ4 '24MissQ2 '25MissQ1 '26MissQ3 '26Estimate
Q4 2022, reported Dec 31, 2022: actual 11.45B HKD, estimate 10.64B HKD, surprise +7.64%, Beat. Q2 2023, reported Jun 30, 2023: actual 10.54B HKD, estimate 10.27B HKD, surprise +2.62%, Beat. Q4 2023, reported Dec 31, 2023: actual 11.93B HKD, estimate 12.55B HKD, surprise -4.95%, Miss. Q2 2024, reported Jun 30, 2024: actual 11.91B HKD, estimate 11.88B HKD, surprise +0.25%, Beat. Q4 2024, reported Dec 31, 2024: actual 12.83B HKD, estimate 13.21B HKD, surprise -2.91%, Miss. Q2 2025, reported Jun 30, 2025: actual 13.44B HKD, estimate 13.87B HKD, surprise -3.07%, Miss. Q1 2026, reported Mar 23, 2026: actual 14.97B HKD, estimate 15.28B HKD, surprise -2.06%, Miss. Q3 2026, reported Aug 25, 2026: actual —, estimate 15.81B HKD, surprise —, Comparison unavailable.

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