Lee & Man Chemical Company Limited logo

Lee & Man Chemical Company Limited

0746.HK

HKSEBasic MaterialsChemicals

Latest quote

HK$4.51

HK$0.00 · 0.00%

Aug 24, 11:28 AM HKT

0746.HK company overview

Regular session · HKT · Market data may be delayed.

Company profile

Company website

Operating as an investment holding entity, Lee & Man Chemical Company Limited is primarily engaged in the production and distribution of various chemical goods across the People's Republic of China. Its business operations are segmented into two core areas: Chemicals and Property. The chemical portfolio encompasses a wide array of offerings, including caustic soda, chloromethane derivatives, polymers, hydrogen peroxide, fluorochemicals, polytetrafluoroethylene (PTFE), and liquefied chlorine. Furthermore, it supplies specialized products such as styrene acrylic latex surface sizing agents and additives for lithium-ion batteries. Beyond chemicals, the company is also active in property development, sales, and leasing. Originally incorporated as Lee & Man Holding Limited, the company adopted its current name, Lee & Man Chemical Company Limited, in June 2011. Established in 1976, its corporate headquarters are situated in Kwun Tong, Hong Kong.

Industry
Chemicals
Sector
Basic Materials
Headquarters
HK
CEO
Man Yan Lee
Listed since
Jan 16, 2002
Employees
1,864

Market position

Day range

Current HK$4.51

52-week range

Current HK$4.51

Open
HK$4.51
Previous close
HK$4.51
Volume
28K
0.11× average
Average volume
264.4K
Average daily volume
Market cap
3.72B HKD
Beta
0.66
Market reference 1
50-day average
HK$4.5652
-1.21% below average
200-day average
HK$5.1438
-12.32% below average

Financials

Financial snapshot

Latest / TTM

Valuation & yield

P/E (TTM)
6.44×
P/B (TTM)
0.54×
P/S (TTM)
0.93×
Dividend yield
8.98%

Profitability & efficiency

Gross margin
34.27%
Operating margin
18.17%
Net margin
14.56%

Financial health

Debt / equity
0.14×

Financial statements

Margin trends

Profitability as a percentage of reported revenue.

Gross marginOperating marginNet margin
Gross, operating, and net margin trends49%35%20%6%Gross margin, FY2021: 45.10%Gross margin, FY2022: 36.19%Gross margin, FY2023: 26.22%Gross margin, FY2024: 29.46%Gross margin, FY2025: 34.48%Operating margin, FY2021: 30.38%Operating margin, FY2022: 23.66%Operating margin, FY2023: 11.68%Operating margin, FY2024: 14.89%Operating margin, FY2025: 17.77%Net margin, FY2021: 24.84%Net margin, FY2022: 19.72%Net margin, FY2023: 9.89%Net margin, FY2024: 12.21%Net margin, FY2025: 14.87%FY2021FY2022FY2023FY2024FY2025
Gross margin FY2021 45.10%. Gross margin FY2022 36.19%. Gross margin FY2023 26.22%. Gross margin FY2024 29.46%. Gross margin FY2025 34.48%. Operating margin FY2021 30.38%. Operating margin FY2022 23.66%. Operating margin FY2023 11.68%. Operating margin FY2024 14.89%. Operating margin FY2025 17.77%. Net margin FY2021 24.84%. Net margin FY2022 19.72%. Net margin FY2023 9.89%. Net margin FY2024 12.21%. Net margin FY2025 14.87%.

Income trends

Revenue

3.75B HKD-4.96%

Operating income

667.07M HKD+13.37%

Net income

558.26M HKD+15.75%
Income trends across reported periods6.41B HKD4.23B HKD2.04B HKD−145.97M HKDRevenue, FY2021: 5.19B HKDRevenue, FY2022: 5.87B HKDRevenue, FY2023: 4.05B HKDRevenue, FY2024: 3.95B HKDRevenue, FY2025: 3.75B HKDOperating income, FY2021: 1.58B HKDOperating income, FY2022: 1.39B HKDOperating income, FY2023: 473.29M HKDOperating income, FY2024: 588.43M HKDOperating income, FY2025: 667.07M HKDNet income, FY2021: 1.29B HKDNet income, FY2022: 1.16B HKDNet income, FY2023: 400.67M HKDNet income, FY2024: 482.28M HKDNet income, FY2025: 558.26M HKDFY2021FY2022FY2023FY2024FY2025
Revenue FY2021 5.19B HKD. Revenue FY2022 5.87B HKD. Revenue FY2023 4.05B HKD. Revenue FY2024 3.95B HKD. Revenue FY2025 3.75B HKD. Operating income FY2021 1.58B HKD. Operating income FY2022 1.39B HKD. Operating income FY2023 473.29M HKD. Operating income FY2024 588.43M HKD. Operating income FY2025 667.07M HKD. Net income FY2021 1.29B HKD. Net income FY2022 1.16B HKD. Net income FY2023 400.67M HKD. Net income FY2024 482.28M HKD. Net income FY2025 558.26M HKD.
Metric (HKD)FY2025FY2024FY2023FY2022FY2021
Revenue3.75B HKD3.95B HKD4.05B HKD5.87B HKD5.19B HKD
Cost of goods sold2.46B HKD2.79B HKD2.99B HKD3.74B HKD2.85B HKD
Gross profit1.29B HKD1.16B HKD1.06B HKD2.12B HKD2.34B HKD
Research and development171.61M HKD135.8M HKD120.75M HKD204.01M HKD230.89M HKD
Selling, general, and administrative456.11M HKD477.74M HKD468.13M HKD531.3M HKD532.48M HKD
Operating expenses627.72M HKD616.13M HKD588.88M HKD735.3M HKD763.37M HKD
Interest income6.41M HKD4.59M HKD4.54M HKD5.9M HKD4.79M HKD
Interest expense17.3M HKD21.9M HKD39.28M HKD38.66M HKD47.62M HKD
Depreciation and amortization83.83M HKD79.09M HKD64.38M HKD76.9M HKD57.02M HKD
Operating income667.07M HKD588.43M HKD473.29M HKD1.39B HKD1.58B HKD
Net income558.26M HKD482.28M HKD400.67M HKD1.16B HKD1.29B HKD

Company facts updated Aug 24, 2026.

Earnings

Latest EPS result
0.28

EPS: actual versus estimate

Recent quarterly results

ActualEstimate
Estimates unavailable
Quarterly EPS actual values compared with estimates1.10.770.440.1Q2 '22Q1 '23Q3 '23Q1 '24Q3 '24Q1 '25Q3 '25Q3 '26
Q2 2022, reported Jun 30, 2022: actual 1.03, estimate —, surprise —, Comparison unavailable. Q1 2023, reported Mar 1, 2023: actual 0.311, estimate —, surprise —, Comparison unavailable. Q3 2023, reported Aug 1, 2023: actual 0.123, estimate —, surprise —, Comparison unavailable. Q1 2024, reported Mar 8, 2024: actual 0.355, estimate —, surprise —, Comparison unavailable. Q3 2024, reported Aug 1, 2024: actual 0.291, estimate —, surprise —, Comparison unavailable. Q1 2025, reported Mar 6, 2025: actual 0.294, estimate —, surprise —, Comparison unavailable. Q3 2025, reported Aug 7, 2025: actual 0.395, estimate —, surprise —, Comparison unavailable. Q3 2026, reported Aug 4, 2026: actual 0.28, estimate —, surprise —, Comparison unavailable.

Revenue: actual versus estimate

Recent quarterly results

ActualEstimate
Quarterly Revenue actual values compared with estimates6.23B4.67B3.11B1.55BQ2 '22No estimateQ1 '23MissQ3 '23No estimateQ1 '24MissQ3 '24No estimateQ1 '25No estimateQ3 '25No estimateQ3 '26No estimate
Q2 2022, reported Jun 30, 2022: actual 3.25B HKD, estimate —, surprise —, Comparison unavailable. Q1 2023, reported Mar 1, 2023: actual 2.62B HKD, estimate 5.9B HKD, surprise -55.65%, Miss. Q3 2023, reported Aug 1, 2023: actual 2B HKD, estimate —, surprise —, Comparison unavailable. Q1 2024, reported Mar 8, 2024: actual 2.05B HKD, estimate 4.49B HKD, surprise -54.20%, Miss. Q3 2024, reported Aug 1, 2024: actual 1.99B HKD, estimate —, surprise —, Comparison unavailable. Q1 2025, reported Mar 6, 2025: actual 1.96B HKD, estimate —, surprise —, Comparison unavailable. Q3 2025, reported Aug 7, 2025: actual 1.93B HKD, estimate —, surprise —, Comparison unavailable. Q3 2026, reported Aug 4, 2026: actual 1.82B HKD, estimate —, surprise —, Comparison unavailable.

Corporate actions

Annual dividends per share

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

HK$0.345

2025 complete year-18.8% since 2021

2026 partial: HK$0.21

* Partial calendar year in the available dividend history.

Corporate action history

Dividend

Ex-dividend Aug 13, 2026

HK$0.21

Semi-Annual

Record Aug 17, 2026 · Payment Sep 3, 2026

Dividend

Ex-dividend Aug 19, 2025

HK$0.195

Semi-Annual

Record Aug 21, 2025 · Payment Sep 9, 2025

Dividend

Ex-dividend May 12, 2025

HK$0.15

Semi-Annual

Record May 14, 2025 · Payment Jun 3, 2025

Dividend

Ex-dividend Aug 14, 2024

HK$0.14

Semi-Annual

Record Aug 16, 2024 · Payment Sep 5, 2024

Dividend

Ex-dividend May 13, 2024

HK$0.14

Semi-Annual

Record May 14, 2024 · Payment Jun 5, 2024

Dividend

Ex-dividend Aug 11, 2023

HK$0.05

Semi-Annual

Record Aug 14, 2023 · Payment Sep 5, 2023

0746.HK peers

ETFs holding 0746.HK

Funds reporting this stock among their holdings, ordered by reported position size.

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