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Huiyuan Cowins Technology Group Ltd. logo

Huiyuan Cowins Technology Group Ltd.

1116.HK

HKSEBasic MaterialsSteel

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Latest quote

HK$0.215

−HK$0.007 · -3.15%

Aug 21, 3:54 PM HKT

1116.HK company overview

Historical prices · Market data may be delayed.

Company profile

Company website

Huiyuan Cowins Technology Group Ltd. functions as an investment holding company, with its primary activities centered on the manufacturing, processing, and sale of various steel products, including sheets and pipes, throughout the People's Republic of China. These steel offerings are marketed under the MAYER brand. Beyond its core steel operations, the group extends its services to include urban revitalization project planning and consultancy, general business and economic advisory, and property development. The company also exports its goods internationally. Established in 2003 under its previous name, Mayer Holdings Limited, the firm's main office is situated in Wan Chai, Hong Kong.

Industry
Steel
Sector
Basic Materials
Headquarters
HK
CEO
Yiu Kuen Tai
Listed since
Jun 21, 2004
Employees
349

Market position

Day range

Current HK$0.215

52-week range

Current HK$0.215

Open
HK$0.222
Previous close
HK$0.222
Volume
40K
0.15× average
Average volume
269.8K
Average daily volume
Market cap
463.97M HKD
Beta
-1.01
Market reference 1
50-day average
HK$0.2197
-2.15% below average
200-day average
HK$0.2707
-20.58% below average

Financials

Financial snapshot

Latest / TTM

Valuation & yield

Enterprise value
0 CNY
P/E (TTM)
-8.29×
P/B (TTM)
2.08×
P/S (TTM)
0.38×
EV / EBITDA
0×
Earnings yield
-7.56%
Free cash flow yield
0.00%
Dividend yield
0.00%

Profitability & efficiency

Gross margin
8.25%
Operating margin
-4.04%
Net margin
-4.59%
Return on equity
0.00%
Return on assets
0.00%
Return on invested capital
0.00%

Financial health

Debt / equity
0.85×
Current ratio
0×
Altman Z-score
1.32
Piotroski F-score
3 of 9

Financial statements

Margin trends

Profitability as a percentage of reported revenue.

Gross marginOperating marginNet margin
Gross, operating, and net margin trends21%-9%-40%-71%Gross margin, FY2021: 13.68%Gross margin, FY2022: 13.23%Gross margin, FY2023: 12.23%Gross margin, FY2024: 10.87%Gross margin, FY2025: 10.46%Operating margin, FY2021: 2.48%Operating margin, FY2022: -60.74%Operating margin, FY2023: -1.11%Operating margin, FY2024: -6.38%Operating margin, FY2025: -5.12%Net margin, FY2021: -0.90%Net margin, FY2022: -62.96%Net margin, FY2023: -2.06%Net margin, FY2024: -7.59%Net margin, FY2025: -5.82%FY2021FY2022FY2023FY2024FY2025
Gross margin FY2021 13.68%. Gross margin FY2022 13.23%. Gross margin FY2023 12.23%. Gross margin FY2024 10.87%. Gross margin FY2025 10.46%. Operating margin FY2021 2.48%. Operating margin FY2022 -60.74%. Operating margin FY2023 -1.11%. Operating margin FY2024 -6.38%. Operating margin FY2025 -5.12%. Net margin FY2021 -0.90%. Net margin FY2022 -62.96%. Net margin FY2023 -2.06%. Net margin FY2024 -7.59%. Net margin FY2025 -5.82%.

Income trends

Revenue

818.91M CNY+7.74%

Operating income

−41.94M CNY+13.46%

Net income

−47.7M CNY+17.31%
Income trends across reported periods934.68M CNY471.58M CNY8.48M CNY−454.62M CNYRevenue, FY2021: 691.76M CNYRevenue, FY2022: 538.16M CNYRevenue, FY2023: 714.41M CNYRevenue, FY2024: 760.06M CNYRevenue, FY2025: 818.91M CNYOperating income, FY2021: 17.13M CNYOperating income, FY2022: −326.88M CNYOperating income, FY2023: −7.91M CNYOperating income, FY2024: −48.46M CNYOperating income, FY2025: −41.94M CNYNet income, FY2021: −6.26M CNYNet income, FY2022: −338.85M CNYNet income, FY2023: −14.74M CNYNet income, FY2024: −57.68M CNYNet income, FY2025: −47.7M CNYFY2021FY2022FY2023FY2024FY2025
Revenue FY2021 691.76M CNY. Revenue FY2022 538.16M CNY. Revenue FY2023 714.41M CNY. Revenue FY2024 760.06M CNY. Revenue FY2025 818.91M CNY. Operating income FY2021 17.13M CNY. Operating income FY2022 −326.88M CNY. Operating income FY2023 −7.91M CNY. Operating income FY2024 −48.46M CNY. Operating income FY2025 −41.94M CNY. Net income FY2021 −6.26M CNY. Net income FY2022 −338.85M CNY. Net income FY2023 −14.74M CNY. Net income FY2024 −57.68M CNY. Net income FY2025 −47.7M CNY.
Metric (CNY)FY2025FY2024FY2023FY2022FY2021
Revenue818.91M CNY760.06M CNY714.41M CNY538.16M CNY691.76M CNY
Cost of goods sold733.21M CNY677.46M CNY627.02M CNY466.97M CNY597.14M CNY
Gross profit85.7M CNY82.6M CNY87.39M CNY71.2M CNY94.62M CNY
Selling, general, and administrative128.86M CNY112.49M CNY109.04M CNY78.78M CNY87.95M CNY
Operating expenses122.59M CNY131.06M CNY95.3M CNY398.08M CNY77.5M CNY
Interest income658.11K CNY—626K CNY1.19M CNY609K CNY
Interest expense6.01M CNY4.32M CNY3.59M CNY5.97M CNY14.6M CNY
Depreciation and amortization22.3M CNY49.43M CNY5.63M CNY5.12M CNY4.88M CNY
Operating income−41.94M CNY−48.46M CNY−7.91M CNY−326.88M CNY17.13M CNY
Net income−47.7M CNY−57.68M CNY−14.74M CNY−338.85M CNY−6.26M CNY

Company facts updated Aug 24, 2026.

Earnings

Latest fiscal-year EPS
-0.022
FY2025
Latest fiscal-year revenue
818.91M CNY
FY2025 · +7.74% year over year

Annual EPS trend

Reported history and fiscal-year consensus

ReportedConsensus forecast
Annual EPS trend0.01-0.05-0.11-0.18FY21FY22FY23FY24FY25

Annual revenue trend

Reported history and fiscal-year consensus

ReportedConsensus forecast
Annual revenue trend846.98M734.69M622.39M510.09MFY21FY22FY23FY24FY25

Corporate actions

Corporate action history

Stock split

Effective Oct 16, 2018

1:2

Stock split

Effective Aug 30, 2018

1:2

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