Tradelink Electronic Commerce Limited logo

Tradelink Electronic Commerce Limited

0536.HK

HKSETechnologySoftware - Application

Latest quote

HK$1.17

+HK$0.01 · +0.86%

Aug 24, 11:58 AM HKT

0536.HK company overview

Regular session · HKT · Market data may be delayed.

Company profile

Company website

Tradelink Electronic Commerce Limited, established in 1988 and headquartered in Kwai Chung, Hong Kong, focuses on providing government electronic trading services (GETS) to streamline the processing of official trade documentation within the territory. The company's operations are categorized into three main segments: E-commerce, Identity Management, and Other Services. In its E-commerce segment, Tradelink offers an extensive array of GETS and associated solutions. These include digital processes for import and export declarations, permits for dutiable commodities, certificates of origin, electronic cargo manifests, importer security filings, adherence to advance filing regulations, automated manifest submissions, and broader compliance support. This also encompasses services for freight quotation, insurance linking, paper-to-electronic document conversion, and dedicated road cargo management. Furthermore, the company delivers comprehensive supply chain solutions such as digital warehousing, distributed order fulfillment, transport and distribution logistics, and robust supplier/vendor management. It also integrates Internet-of-Things (IoT) capabilities for real-time asset tracking in logistics and inventory. Value-added services under this segment feature electronic data interchange (EDI) integration, sophisticated order management systems, and eShop modules. The Identity Management division specializes in secure authentication technologies, which include biometric verification, facial recognition, digital certificates, and electronic Know Your Customer (eKYC) solutions. Tradelink's Other Services encompass advanced paytech solutions, offering end-to-end payment provisions from sourcing to customer support, coupled with value-added payment applications. This suite includes smart hardware like intelligent Point-of-Sale (PoS) terminals, cashless payment readers, vending machines, and self-service kiosks. Additionally, the company provides electronic messaging infrastructure, technical support, training services, project delivery, certificate authority functions, and systems for routing and transforming electronic messages, alongside general e-commerce and e-logistics support. Tradelink serves a diverse range of sectors, including government and utilities, trade and logistics, banking and financial services, retail and hospitality, among others.

Industry
Software - Application
Sector
Technology
Headquarters
HK
CEO
Man Chung Yuen
Listed since
Oct 28, 2005
Employees
222

Market position

Day range

Current HK$1.17

52-week range

Current HK$1.17

Open
HK$1.16
Previous close
HK$1.16
Volume
300K
0.52× average
Average volume
575.66K
Average daily volume
Market cap
931.39M HKD
Beta
0.3
Market reference 1
50-day average
HK$1.1347
+3.11% above average
200-day average
HK$1.1044
+5.94% above average

Financials

Financial snapshot

Latest / TTM

Valuation & yield

Enterprise value
370.35M HKD
P/E (TTM)
11.06×
P/B (TTM)
2.43×
P/S (TTM)
3.69×
EV / EBITDA
4.4×
Earnings yield
10.17%
Free cash flow yield
7.98%
Dividend yield
8.72%

Profitability & efficiency

Gross margin
44.58%
Operating margin
29.93%
Net margin
33.25%
Return on equity
21.96%
Return on assets
15.60%
Return on invested capital
17.32%

Financial health

Debt / equity
Current ratio
3.26×
Altman Z-score
6.29
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 trends47%37%27%18%Gross margin, FY2021: 43.91%Gross margin, FY2022: 43.88%Gross margin, FY2023: 42.24%Gross margin, FY2024: 43.24%Gross margin, FY2025: 44.18%Operating margin, FY2021: 33.23%Operating margin, FY2022: 30.95%Operating margin, FY2023: 29.33%Operating margin, FY2024: 27.20%Operating margin, FY2025: 29.93%Net margin, FY2021: 26.90%Net margin, FY2022: 20.22%Net margin, FY2023: 37.75%Net margin, FY2024: 33.10%Net margin, FY2025: 33.25%FY2021FY2022FY2023FY2024FY2025
Gross margin FY2021 43.91%. Gross margin FY2022 43.88%. Gross margin FY2023 42.24%. Gross margin FY2024 43.24%. Gross margin FY2025 44.18%. Operating margin FY2021 33.23%. Operating margin FY2022 30.95%. Operating margin FY2023 29.33%. Operating margin FY2024 27.20%. Operating margin FY2025 29.93%. Net margin FY2021 26.90%. Net margin FY2022 20.22%. Net margin FY2023 37.75%. Net margin FY2024 33.10%. Net margin FY2025 33.25%.

Income trends

Revenue

252.73M HKD+2.06%

Operating income

75.64M HKD+12.31%

Net income

84.03M HKD+2.52%
Income trends across reported periods295.97M HKD207.38M HKD118.78M HKD30.18M HKDRevenue, FY2021: 273.83M HKDRevenue, FY2022: 258.82M HKDRevenue, FY2023: 266.61M HKDRevenue, FY2024: 247.63M HKDRevenue, FY2025: 252.73M HKDOperating income, FY2021: 90.99M HKDOperating income, FY2022: 80.09M HKDOperating income, FY2023: 78.19M HKDOperating income, FY2024: 67.35M HKDOperating income, FY2025: 75.64M HKDNet income, FY2021: 73.65M HKDNet income, FY2022: 52.33M HKDNet income, FY2023: 100.64M HKDNet income, FY2024: 81.96M HKDNet income, FY2025: 84.03M HKDFY2021FY2022FY2023FY2024FY2025
Revenue FY2021 273.83M HKD. Revenue FY2022 258.82M HKD. Revenue FY2023 266.61M HKD. Revenue FY2024 247.63M HKD. Revenue FY2025 252.73M HKD. Operating income FY2021 90.99M HKD. Operating income FY2022 80.09M HKD. Operating income FY2023 78.19M HKD. Operating income FY2024 67.35M HKD. Operating income FY2025 75.64M HKD. Net income FY2021 73.65M HKD. Net income FY2022 52.33M HKD. Net income FY2023 100.64M HKD. Net income FY2024 81.96M HKD. Net income FY2025 84.03M HKD.
Metric (HKD)FY2025FY2024FY2023FY2022FY2021
Revenue252.73M HKD247.63M HKD266.61M HKD258.82M HKD273.83M HKD
Cost of goods sold141.09M HKD140.56M HKD153.99M HKD145.26M HKD153.58M HKD
Gross profit111.65M HKD107.07M HKD112.62M HKD113.56M HKD120.24M HKD
Selling, general, and administrative10.27M HKD8.24M HKD7.43M HKD8.83M HKD4.42M HKD
Operating expenses36.01M HKD39.72M HKD34.44M HKD33.47M HKD29.26M HKD
Interest income17.61M HKD22.58M HKD20.41M HKD5.57M HKD3.34M HKD
Depreciation and amortization8.52M HKD9.35M HKD8.93M HKD8.48M HKD8.48M HKD
Operating income75.64M HKD67.35M HKD78.19M HKD80.09M HKD90.99M HKD
Net income84.03M HKD81.96M HKD100.64M HKD52.33M HKD73.65M HKD

Company facts updated Aug 24, 2026.

Earnings

Latest EPS result
0.05

EPS: actual versus estimate

Recent quarterly results

ActualEstimate
Estimates unavailable
Quarterly EPS actual values compared with estimates0.120.080.050.02Q2 '22Q1 '23Q3 '23Q1 '24Q3 '24Q1 '25Q3 '25Q1 '26
Q2 2022, reported Jun 30, 2022: actual 0.018, estimate —, surprise —, Comparison unavailable. Q1 2023, reported Mar 20, 2023: actual 0.048, estimate —, surprise —, Comparison unavailable. Q3 2023, reported Aug 22, 2023: actual 0.049, estimate —, surprise —, Comparison unavailable. Q1 2024, reported Mar 22, 2024: actual 0.078, estimate —, surprise —, Comparison unavailable. Q3 2024, reported Aug 28, 2024: actual 0.051, estimate —, surprise —, Comparison unavailable. Q1 2025, reported Mar 18, 2025: actual 0.052, estimate —, surprise —, Comparison unavailable. Q3 2025, reported Sep 1, 2025: actual 0.053, estimate —, surprise —, Comparison unavailable. Q1 2026, reported Mar 16, 2026: actual 0.053, estimate —, surprise —, Comparison unavailable.

Revenue: actual versus estimate

Recent quarterly results

ActualEstimate
Estimates unavailable
Quarterly Revenue actual values compared with estimates147.36M136.7M126.04M115.38MQ2 '22Q1 '23Q3 '23Q1 '24Q3 '24Q1 '25Q3 '25Q1 '26
Q2 2022, reported Jun 30, 2022: actual 125.46M HKD, estimate —, surprise —, Comparison unavailable. Q1 2023, reported Mar 20, 2023: actual 133.36M HKD, estimate —, surprise —, Comparison unavailable. Q3 2023, reported Aug 22, 2023: actual 124.92M HKD, estimate —, surprise —, Comparison unavailable. Q1 2024, reported Mar 22, 2024: actual 141.69M HKD, estimate —, surprise —, Comparison unavailable. Q3 2024, reported Aug 28, 2024: actual 122.65M HKD, estimate —, surprise —, Comparison unavailable. Q1 2025, reported Mar 18, 2025: actual 124.97M HKD, estimate —, surprise —, Comparison unavailable. Q3 2025, reported Sep 1, 2025: actual 121.05M HKD, estimate —, surprise —, Comparison unavailable. Q1 2026, reported Mar 16, 2026: actual 131.69M HKD, estimate —, surprise —, Comparison unavailable.

Corporate actions

Annual dividends per share

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

HK$0.101

2025 complete year+0.5% since 2021

2026 partial: HK$0.065

* Partial calendar year in the available dividend history.

Corporate action history

Dividend

Ex-dividend Jun 3, 2026

HK$0.065

Semi-Annual

Record Jun 4, 2026 · Payment Jun 22, 2026

Dividend

Ex-dividend Sep 18, 2025

HK$0.037

Semi-Annual

Record Sep 19, 2025 · Payment Oct 8, 2025

Dividend

Ex-dividend May 21, 2025

HK$0.064

Semi-Annual

Record May 23, 2025 · Payment Jun 6, 2025

Dividend

Ex-dividend Sep 19, 2024

HK$0.037

Semi-Annual

Record Sep 23, 2024 · Payment Oct 7, 2024

Dividend

Ex-dividend May 29, 2024

HK$0.063

Semi-Annual

Record May 31, 2024 · Payment Jun 14, 2024

Dividend

Ex-dividend Sep 21, 2023

HK$0.037

Annual

Record Sep 25, 2023 · Payment Oct 6, 2023

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