Hung Hing Printing Group Limited logo

Hung Hing Printing Group Limited

0450.HK

HKSEIndustrialsSpecialty Business Services

Latest quote

HK$0.735

HK$0.00 · 0.00%

Aug 24, 3:13 PM HKT

0450.HK company overview

Regular session · HKT · Market data may be delayed.

Company profile

Company website

Hung Hing Printing Group Limited, established in 1950 and headquartered in Tai Po, Hong Kong, operates as an investment holding company with a broad international reach, serving markets across the People's Republic of China, the United States, the United Kingdom, and beyond. The company is a comprehensive provider of printing and packaging solutions. Its extensive portfolio includes the manufacturing of corrugated boxes and diverse packaging for consumer goods, luxury items (such as chocolate, cosmetics, fine bone china, and spirits), and litholam products, alongside printed corrugate cartons, flat packs, and point-of-sale materials. Hung Hing also excels in book printing, producing both children's and conventional literary works. Beyond books and packaging, they create a variety of cards and social stationery, like diaries, gift sets, and greetings cards, alongside innovative novelty items featuring elements such as pop-ups, paper mechanisms, pull tabs, and reactive inks. The company further provides essential prepress services, encompassing film production, color separation, and proofing for a wide array of printed materials. Additionally, Hung Hing is active in paper trading, the sale and manufacture of paper and corrugated carton boxes, and offers professional and agency services, notably through its boutique digital service provider, BELUGA.

Industry
Specialty Business Services
Sector
Industrials
Headquarters
HK
CEO
Chak Ming Yum
Listed since
Mar 16, 1992
Employees
4,769

Market position

52-week range

Current HK$0.735

Open
HK$0.735
Previous close
HK$0.735
Volume
302K
2.64× average
Average volume
114.29K
Average daily volume
Market cap
667.07M HKD
Beta
0.07
Market reference 1
50-day average
HK$0.7484
-1.79% below average
200-day average
HK$0.8479
-13.32% below average

Financials

Financial snapshot

Latest / TTM

Valuation & yield

P/E (TTM)
-12.23×
P/B (TTM)
0.25×
P/S (TTM)
0.43×
Dividend yield
12.25%

Profitability & efficiency

Gross margin
13.16%
Operating margin
-2.85%
Net margin
-3.50%

Financial health

Debt / equity
0.02×

Financial statements

Margin trends

Profitability as a percentage of reported revenue.

Gross marginOperating marginNet margin
Gross, operating, and net margin trends18%10%2%-6%Gross margin, FY2021: 13.55%Gross margin, FY2022: 14.23%Gross margin, FY2023: 16.29%Gross margin, FY2024: 13.97%Gross margin, FY2025: 12.72%Operating margin, FY2021: 2.03%Operating margin, FY2022: 2.79%Operating margin, FY2023: 7.42%Operating margin, FY2024: -1.59%Operating margin, FY2025: -3.40%Net margin, FY2021: 1.47%Net margin, FY2022: 2.24%Net margin, FY2023: 5.66%Net margin, FY2024: -1.98%Net margin, FY2025: -3.90%FY2021FY2022FY2023FY2024FY2025
Gross margin FY2021 13.55%. Gross margin FY2022 14.23%. Gross margin FY2023 16.29%. Gross margin FY2024 13.97%. Gross margin FY2025 12.72%. Operating margin FY2021 2.03%. Operating margin FY2022 2.79%. Operating margin FY2023 7.42%. Operating margin FY2024 -1.59%. Operating margin FY2025 -3.40%. Net margin FY2021 1.47%. Net margin FY2022 2.24%. Net margin FY2023 5.66%. Net margin FY2024 -1.98%. Net margin FY2025 -3.90%.

Income trends

Revenue

2.03B HKD-7.73%

Operating income

−68.82M HKD-96.92%

Net income

−78.94M HKD-82.03%
Income trends across reported periods3.89B HKD2.45B HKD1B HKD−439.72M HKDRevenue, FY2021: 3.53B HKDRevenue, FY2022: 2.95B HKDRevenue, FY2023: 2.39B HKDRevenue, FY2024: 2.19B HKDRevenue, FY2025: 2.03B HKDOperating income, FY2021: 71.67M HKDOperating income, FY2022: 82.34M HKDOperating income, FY2023: 177.21M HKDOperating income, FY2024: −34.95M HKDOperating income, FY2025: −68.82M HKDNet income, FY2021: 51.95M HKDNet income, FY2022: 66.04M HKDNet income, FY2023: 135.16M HKDNet income, FY2024: −43.36M HKDNet income, FY2025: −78.94M HKDFY2021FY2022FY2023FY2024FY2025
Revenue FY2021 3.53B HKD. Revenue FY2022 2.95B HKD. Revenue FY2023 2.39B HKD. Revenue FY2024 2.19B HKD. Revenue FY2025 2.03B HKD. Operating income FY2021 71.67M HKD. Operating income FY2022 82.34M HKD. Operating income FY2023 177.21M HKD. Operating income FY2024 −34.95M HKD. Operating income FY2025 −68.82M HKD. Net income FY2021 51.95M HKD. Net income FY2022 66.04M HKD. Net income FY2023 135.16M HKD. Net income FY2024 −43.36M HKD. Net income FY2025 −78.94M HKD.
Metric (HKD)FY2025FY2024FY2023FY2022FY2021
Revenue2.03B HKD2.19B HKD2.39B HKD2.95B HKD3.53B HKD
Cost of goods sold1.77B HKD1.89B HKD2B HKD2.53B HKD3.05B HKD
Gross profit257.51M HKD306.51M HKD388.91M HKD419.85M HKD478.19M HKD
Research and development6.22M HKD5.31M HKD6.53M HKD
Selling, general, and administrative395.13M HKD393.17M HKD385.68M HKD435.5M HKD469.42M HKD
Operating expenses326.33M HKD341.46M HKD211.71M HKD337.51M HKD406.52M HKD
Interest income8.34M HKD15.73M HKD23.74M HKD14.54M HKD8.34M HKD
Interest expense2.74M HKD4.54M HKD9.39M HKD4.65M HKD2.93M HKD
Depreciation and amortization104.52M HKD131.13M HKD124.42M HKD129.2M HKD129.22M HKD
Operating income−68.82M HKD−34.95M HKD177.21M HKD82.34M HKD71.67M HKD
Net income−78.94M HKD−43.36M HKD135.16M HKD66.04M HKD51.95M HKD

Company facts updated Aug 24, 2026.

Earnings

Latest EPS result
-0.04

EPS: actual versus estimate

Recent quarterly results

ActualEstimate
Estimates unavailable
Quarterly EPS actual values compared with estimates0.140.07-0.01-0.08Q2 '21Q4 '21Q3 '22Q1 '23Q3 '23Q1 '24Q3 '24Q1 '25
Q2 2021, reported Jun 30, 2021: actual 0.04, estimate —, surprise —, Comparison unavailable. Q4 2021, reported Dec 31, 2021: actual 0.017, estimate —, surprise —, Comparison unavailable. Q3 2022, reported Aug 23, 2022: actual -0.026, estimate —, surprise —, Comparison unavailable. Q1 2023, reported Mar 22, 2023: actual 0.099, estimate —, surprise —, Comparison unavailable. Q3 2023, reported Aug 24, 2023: actual 0.091, estimate —, surprise —, Comparison unavailable. Q1 2024, reported Mar 25, 2024: actual 0.058, estimate —, surprise —, Comparison unavailable. Q3 2024, reported Aug 27, 2024: actual -0.005, estimate —, surprise —, Comparison unavailable. Q1 2025, reported Mar 25, 2025: actual -0.043, estimate —, surprise —, Comparison unavailable.

Revenue: actual versus estimate

Recent quarterly results

ActualEstimate
Estimates unavailable
Quarterly Revenue actual values compared with estimates2.11B1.74B1.38B1.01BQ2 '21Q4 '21Q3 '22Q1 '23Q3 '23Q1 '24Q3 '24Q1 '25
Q2 2021, reported Jun 30, 2021: actual 1.5B HKD, estimate —, surprise —, Comparison unavailable. Q4 2021, reported Dec 31, 2021: actual 2.03B HKD, estimate —, surprise —, Comparison unavailable. Q3 2022, reported Aug 23, 2022: actual 1.55B HKD, estimate —, surprise —, Comparison unavailable. Q1 2023, reported Mar 22, 2023: actual 1.4B HKD, estimate —, surprise —, Comparison unavailable. Q3 2023, reported Aug 24, 2023: actual 1.19B HKD, estimate —, surprise —, Comparison unavailable. Q1 2024, reported Mar 25, 2024: actual 1.19B HKD, estimate —, surprise —, Comparison unavailable. Q3 2024, reported Aug 27, 2024: actual 1.1B HKD, estimate —, surprise —, Comparison unavailable. Q1 2025, reported Mar 25, 2025: actual 1.1B HKD, estimate —, surprise —, Comparison unavailable.

Corporate actions

Annual dividends per share

Cash distributions grouped by calendar year; partial years are marked.

HK$0.12

2025 complete year+20.0% since 2021

2026 partial: HK$0.06

* Partial calendar year in the available dividend history.

Corporate action history

Dividend

Ex-dividend May 29, 2026

HK$0.06

Special

Record Jun 2, 2026 · Payment Jun 23, 2026

Dividend

Ex-dividend Sep 18, 2025

HK$0.03

Annual

Record Sep 22, 2025 · Payment Oct 17, 2025

Dividend

Ex-dividend May 29, 2025

HK$0.09

Special

Record Jun 2, 2025 · Payment Jun 20, 2025

Dividend

Ex-dividend Sep 19, 2024

HK$0.04

Annual

Record Sep 23, 2024 · Payment Oct 18, 2024

Dividend

Ex-dividend May 30, 2024

HK$0.09

Special

Record May 31, 2024 · Payment Jun 21, 2024

Dividend

Ex-dividend Sep 21, 2023

HK$0.04

Annual

Record Sep 25, 2023 · Payment Oct 20, 2023

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