GoAI
Get started
China Qinfa Group Ltd. logo

China Qinfa Group Ltd.

0866.HK

HKSEEnergyCoal

Open in GoAI

Latest quote

HK$2.335

+HK$0.125 · +5.63%

Aug 24, 3:59 PM HKT

0866.HK company overview

Regular session · HKT · Market data may be delayed.

Company profile

Company website

China Qinfa Group Ltd. is an investment holding company, which engages in the coal operation business. It operates under the Coal Business and Shipping Transportation segments. The Coal Business segment includes coal mining, purchases and sales, filtering, storage, and blending of coal. The Shipping Transportation segment offers time charter and voyage charter of vessels. The company was founded in 1996 and is headquartered in Guangzhou, China.

Industry
Coal
Sector
Energy
Headquarters
HK
CEO
Tao Bai
Listed since
Jul 3, 2009
Employees
4,089

Market position

Volume
4M
0.4× average
Average volume
9.88M
Average daily volume
Market cap
6.16B HKD
Beta
0.45
Market reference 1

Financials

Financial snapshot

Latest / TTM

Valuation & yield

P/E (TTM)
70.82×
P/B (TTM)
1.7×
P/S (TTM)
2.87×
Dividend yield
0.00%

Profitability & efficiency

Gross margin
25.74%
Operating margin
11.12%
Net margin
-5.10%

Financial health

Debt / equity
1.06×

Financial statements

Margin trends

Profitability as a percentage of reported revenue.

Gross marginOperating marginNet margin
Gross, operating, and net margin trends105%65%25%-15%Gross margin, FY2021: 42.58%Gross margin, FY2022: 33.56%Gross margin, FY2023: 25.46%Gross margin, FY2024: 19.78%Gross margin, FY2025: 25.74%Operating margin, FY2021: 94.99%Operating margin, FY2022: 26.90%Operating margin, FY2023: 15.19%Operating margin, FY2024: 28.85%Operating margin, FY2025: 11.12%Net margin, FY2021: 61.27%Net margin, FY2022: 12.03%Net margin, FY2023: 5.81%Net margin, FY2024: 19.30%Net margin, FY2025: -5.10%FY2021FY2022FY2023FY2024FY2025
Gross margin FY2021 42.58%. Gross margin FY2022 33.56%. Gross margin FY2023 25.46%. Gross margin FY2024 19.78%. Gross margin FY2025 25.74%. Operating margin FY2021 94.99%. Operating margin FY2022 26.90%. Operating margin FY2023 15.19%. Operating margin FY2024 28.85%. Operating margin FY2025 11.12%. Net margin FY2021 61.27%. Net margin FY2022 12.03%. Net margin FY2023 5.81%. Net margin FY2024 19.30%. Net margin FY2025 -5.10%.

Income trends

Revenue

1.84B HKD-29.29%

Operating income

204.55M HKD-72.74%

Net income

−93.86M HKD−595.8M HKD
Income trends across reported periods5.02B HKD3.16B HKD1.3B HKD−559.16M HKDRevenue, FY2021: 4.56B HKDRevenue, FY2022: 3.79B HKDRevenue, FY2023: 3.45B HKDRevenue, FY2024: 2.6B HKDRevenue, FY2025: 1.84B HKDOperating income, FY2021: 4.33B HKDOperating income, FY2022: 1.02B HKDOperating income, FY2023: 523.86M HKDOperating income, FY2024: 750.42M HKDOperating income, FY2025: 204.55M HKDNet income, FY2021: 2.79B HKDNet income, FY2022: 456.54M HKDNet income, FY2023: 200.35M HKDNet income, FY2024: 501.94M HKDNet income, FY2025: −93.86M HKDFY2021FY2022FY2023FY2024FY2025
Revenue FY2021 4.56B HKD. Revenue FY2022 3.79B HKD. Revenue FY2023 3.45B HKD. Revenue FY2024 2.6B HKD. Revenue FY2025 1.84B HKD. Operating income FY2021 4.33B HKD. Operating income FY2022 1.02B HKD. Operating income FY2023 523.86M HKD. Operating income FY2024 750.42M HKD. Operating income FY2025 204.55M HKD. Net income FY2021 2.79B HKD. Net income FY2022 456.54M HKD. Net income FY2023 200.35M HKD. Net income FY2024 501.94M HKD. Net income FY2025 −93.86M HKD.
Metric (HKD)FY2025FY2024FY2023FY2022FY2021
Revenue1.84B HKD2.6B HKD3.45B HKD3.79B HKD4.56B HKD
Cost of goods sold1.37B HKD2.09B HKD2.57B HKD2.52B HKD2.62B HKD
Gross profit473.37M HKD514.54M HKD878.02M HKD1.27B HKD1.94B HKD
Selling, general, and administrative220.95M HKD242.84M HKD299.85M HKD307.39M HKD255.25M HKD
Operating expenses268.82M HKD−235.88M HKD354.16M HKD252.81M HKD−2.39B HKD
Interest income16.7M HKD9.17M HKD12.95M HKD16.2M HKD7.04M HKD
Interest expense88.86M HKD170.79M HKD184.67M HKD269.89M HKD367.8M HKD
Depreciation and amortization478.66M HKD929.88M HKD922.71M HKD947.45M HKD3.46B HKD
Operating income204.55M HKD750.42M HKD523.86M HKD1.02B HKD4.33B HKD
Net income−93.86M HKD501.94M HKD200.35M HKD456.54M HKD2.79B HKD

Company facts updated Aug 24, 2026.

Earnings

Latest EPS result
0.02

EPS: actual versus estimate

Recent quarterly results

ActualEstimate
Estimates unavailable
Quarterly EPS actual values compared with estimates0.230.120.01-0.1Q3 '22Q1 '23Q3 '23Q1 '24Q3 '24Q1 '25Q3 '25Q1 '26
Q3 2022, reported Aug 29, 2022: actual 0.152, estimate —, surprise —, Comparison unavailable. Q1 2023, reported Mar 29, 2023: actual 0.056, estimate —, surprise —, Comparison unavailable. Q3 2023, reported Aug 30, 2023: actual 0.054, estimate —, surprise —, Comparison unavailable. Q1 2024, reported Mar 28, 2024: actual 0.029, estimate —, surprise —, Comparison unavailable. Q3 2024, reported Aug 29, 2024: actual 0.016, estimate —, surprise —, Comparison unavailable. Q1 2025, reported Mar 24, 2025: actual 0.192, estimate —, surprise —, Comparison unavailable. Q3 2025, reported Aug 27, 2025: actual -0.056, estimate —, surprise —, Comparison unavailable. Q1 2026, reported Mar 31, 2026: actual 0.022, estimate —, surprise —, Comparison unavailable.

Revenue: actual versus estimate

Recent quarterly results

ActualEstimate
Estimates unavailable
Quarterly Revenue actual values compared with estimates2.53B1.93B1.32B708.85MQ3 '22Q1 '23Q3 '23Q1 '24Q3 '24Q1 '25Q3 '25Q1 '26
Q3 2022, reported Aug 29, 2022: actual 2.41B HKD, estimate —, surprise —, Comparison unavailable. Q1 2023, reported Mar 29, 2023: actual 1.98B HKD, estimate —, surprise —, Comparison unavailable. Q3 2023, reported Aug 30, 2023: actual 2.06B HKD, estimate —, surprise —, Comparison unavailable. Q1 2024, reported Mar 28, 2024: actual 1.71B HKD, estimate —, surprise —, Comparison unavailable. Q3 2024, reported Aug 29, 2024: actual 1.47B HKD, estimate —, surprise —, Comparison unavailable. Q1 2025, reported Mar 24, 2025: actual 1.31B HKD, estimate —, surprise —, Comparison unavailable. Q3 2025, reported Aug 27, 2025: actual 1.19B HKD, estimate —, surprise —, Comparison unavailable. Q1 2026, reported Mar 31, 2026: actual 833.94M HKD, estimate —, surprise —, Comparison unavailable.

ETFs holding 0866.HK

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

iShares Core MSCI Emerging Markets ETF logoiShares Core MSCI Emerging Markets ETFIEMG
Market value
999.03K
Weight
0.00%
AUM
160B USD
Expense ratio
0.09%
Price / 1D
$81.57+0.64%
Dimensional - Emerging Markets Core Equity 2 ETF logoDimensional - Emerging Markets Core Equity 2 ETFDFEM
Market value
281.45K
Weight
0.00%
AUM
9.49B USD
Expense ratio
0.39%
Price / 1D
$39.93+0.50%
Dimensional - Emerging Core Equity Market ETF logoDimensional - Emerging Core Equity Market ETFDFAE
Market value
253.7K
Weight
0.00%
AUM
10B USD
Expense ratio
0.29%
Price / 1D
$39.49+0.51%
State Street SPDR S&P Emerging Markets Small Cap ETF logoState Street SPDR S&P Emerging Markets Small Cap ETFEWX
Market value
156.77K
Weight
0.02%
AUM
685.65M USD
Expense ratio
0.65%
Price / 1D
$72.22+0.25%
iShares MSCI China Small-Cap ETF logoiShares MSCI China Small-Cap ETFECNS
Market value
111.9K
Weight
0.17%
AUM
66.48M USD
Expense ratio
0.59%
Price / 1D
$29.37+0.89%
Dimensional World ex U.S. Core Equity 2 ETF logoDimensional World ex U.S. Core Equity 2 ETFDFAX
Market value
105.33K
Weight
0.00%
AUM
12.57B USD
Expense ratio
0.28%
Price / 1D
$38.16+0.82%
iShares MSCI Emerging Markets Small-Cap ETF logoiShares MSCI Emerging Markets Small-Cap ETFEEMS
Market value
56.76K
Weight
0.02%
AUM
375.88M USD
Expense ratio
0.72%
Price / 1D
$74.72-0.20%
iShares Core 80/20 Aggressive Allocation ETF logoiShares Core 80/20 Aggressive Allocation ETFAOA
Market value
1.8K
Weight
0.00%
AUM
3.29B USD
Expense ratio
0.19%
Price / 1D
$99.01+0.49%

Continue in GoAI

Research 0866.HK

research.disclaimer