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Changan Minsheng APLL Logistics Co., Ltd. logo

Changan Minsheng APLL Logistics Co., Ltd.

1292.HK

HKSEIndustrialsIntegrated Freight & Logistics

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Latest quote

HK$2.02

+HK$0.06 · +3.06%

Aug 21, 3:05 PM HKTData delayed

1292.HK company overview

Historical prices · Market data may be delayed.

Company profile

Company website

Changan Minsheng APLL Logistics Co., Ltd., along with its affiliates, delivers comprehensive supply chain solutions for the automotive industry across Mainland China, encompassing vehicles, raw materials, and components. Their services include integrated transportation of both domestic and international spare parts, as well as specialized hauling for bulk goods and large equipment. The company also offers a wide array of warehousing and distribution services, such as supplier warehouse management, production-distribution coordination, modular subpackaging, commercial vehicle warehousing and shipment, after-sales parts storage and dispatch, and bonded warehousing. Additionally, they provide logistics solution design, advisory, and training, alongside packaging services for knocked-down kits. Other activities involve the sale of packaging materials and tire processing. Founded in 2001, the firm initially operated as CMA Logistics Co., Ltd. before being rebranded to its current name in December 2006. Its headquarters are situated in Hong Kong.

Industry
Integrated Freight & Logistics
Sector
Industrials
Headquarters
HK
CEO
Nianyong Wan
Listed since
Feb 23, 2006
Employees
3,270

Market position

52-week range

Current HK$2.02

Open
HK$2.02
Previous close
HK$1.96
Volume
3K
0.18× average
Average volume
16.96K
Average daily volume
Market cap
374.5M HKD
Beta
0.52
Market reference 1
50-day average
HK$2.054
-1.66% below average
200-day average
HK$3.0304
-33.34% below average

Financials

Financial snapshot

Latest / TTM

Valuation & yield

Enterprise value
840.42M CNY
EV / EBITDA
4.32×
Earnings yield
6.28%
Free cash flow yield
-45.14%

Profitability & efficiency

Return on equity
1.88%
Return on assets
0.70%
Return on invested capital
2.04%

Financial health

Current ratio
1.32×

Financial statements

Margin trends

Profitability as a percentage of reported revenue.

Gross marginOperating marginNet margin
Gross, operating, and net margin trends6%4%2%-1%Gross margin, FY2021: 5.40%Gross margin, FY2022: 4.90%Gross margin, FY2023: 4.66%Gross margin, FY2024: 4.47%Gross margin, FY2025: 4.47%Operating margin, FY2021: -0.02%Operating margin, FY2022: 0.29%Operating margin, FY2023: 0.94%Operating margin, FY2024: 1.04%Operating margin, FY2025: 1.07%Net margin, FY2021: 0.48%Net margin, FY2022: 0.50%Net margin, FY2023: 0.71%Net margin, FY2024: 0.67%Net margin, FY2025: 0.42%FY2021FY2022FY2023FY2024FY2025
Gross margin FY2021 5.40%. Gross margin FY2022 4.90%. Gross margin FY2023 4.66%. Gross margin FY2024 4.47%. Gross margin FY2025 4.47%. Operating margin FY2021 -0.02%. Operating margin FY2022 0.29%. Operating margin FY2023 0.94%. Operating margin FY2024 1.04%. Operating margin FY2025 1.07%. Net margin FY2021 0.48%. Net margin FY2022 0.50%. Net margin FY2023 0.71%. Net margin FY2024 0.67%. Net margin FY2025 0.42%.

Income trends

Revenue

9.53B CNY+6.34%

Operating income

101.74M CNY+8.81%

Net income

40.24M CNY-32.88%
Income trends across reported periods10.48B CNY6.67B CNY2.86B CNY−954.67M CNYRevenue, FY2021: 6.02B CNYRevenue, FY2022: 7.7B CNYRevenue, FY2023: 7.97B CNYRevenue, FY2024: 8.96B CNYRevenue, FY2025: 9.53B CNYOperating income, FY2021: −1.37M CNYOperating income, FY2022: 22.5M CNYOperating income, FY2023: 75.15M CNYOperating income, FY2024: 93.5M CNYOperating income, FY2025: 101.74M CNYNet income, FY2021: 29.15M CNYNet income, FY2022: 38.48M CNYNet income, FY2023: 56.45M CNYNet income, FY2024: 59.94M CNYNet income, FY2025: 40.24M CNYFY2021FY2022FY2023FY2024FY2025
Revenue FY2021 6.02B CNY. Revenue FY2022 7.7B CNY. Revenue FY2023 7.97B CNY. Revenue FY2024 8.96B CNY. Revenue FY2025 9.53B CNY. Operating income FY2021 −1.37M CNY. Operating income FY2022 22.5M CNY. Operating income FY2023 75.15M CNY. Operating income FY2024 93.5M CNY. Operating income FY2025 101.74M CNY. Net income FY2021 29.15M CNY. Net income FY2022 38.48M CNY. Net income FY2023 56.45M CNY. Net income FY2024 59.94M CNY. Net income FY2025 40.24M CNY.
Metric (CNY)FY2025FY2024FY2023FY2022FY2021
Revenue9.53B CNY8.96B CNY7.97B CNY7.7B CNY6.02B CNY
Cost of goods sold9.11B CNY8.56B CNY7.6B CNY7.32B CNY5.7B CNY
Gross profit425.83M CNY400.52M CNY371.28M CNY377.41M CNY324.92M CNY
Research and development15.81M CNY23.01M CNY26.8M CNY13.29M CNY12.22M CNY
Selling, general, and administrative290.82M CNY286.32M CNY39.3M CNY341.62M CNY314.07M CNY
Operating expenses324.09M CNY307.03M CNY293M CNY327.04M CNY326.29M CNY
Interest income14.87M CNY19.16M CNY22.4M CNY17.67M CNY13.33M CNY
Interest expense9.08M CNY15.07M CNY17.82M CNY5.8M CNY8.14M CNY
Depreciation and amortization105.18M CNY113.85M CNY204.84M CNY88.94M CNY142.26M CNY
Operating income101.74M CNY93.5M CNY75.15M CNY22.5M CNY−1.37M CNY
Net income40.24M CNY59.94M CNY56.45M CNY38.48M CNY29.15M CNY

Company facts updated Aug 24, 2026.

Corporate actions

Annual dividends per share

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

HK$0.274

2025 complete year+140.7% since 2019

2026 partial: HK$0.115

* Partial calendar year in the available dividend history.

Corporate action history

Dividend

Ex-dividend Jul 3, 2026

HK$0.115

Semi-Annual

Record Jul 6, 2026 · Payment Aug 31, 2026

Dividend

Ex-dividend Dec 2, 2025

HK$0.0549

Semi-Annual

Record Dec 3, 2025 · Payment Jan 30, 2026

Dividend

Ex-dividend Jul 2, 2025

HK$0.2191

Annual

Record Jul 3, 2025 · Payment Aug 26, 2025

Dividend

Ex-dividend Jul 3, 2024

HK$0.2192

Annual

Record Jul 4, 2024 · Payment Sep 27, 2024

Dividend

Ex-dividend Jul 4, 2023

HK$0.163

Annual

Record Jul 5, 2023 · Payment Sep 28, 2023

Dividend

Ex-dividend Jul 5, 2022

HK$0.0586

Annual

Record Jul 6, 2022 · Payment Sep 23, 2022

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