ZHONGTAI FUTURES Company Limited logo

ZHONGTAI FUTURES Company Limited

1461.HK

HKSEFinancial ServicesFinancial - Capital Markets

Latest quote

HK$0.67

−HK$0.02 · -2.90%

Aug 24, 10:10 AM HKTData delayed

1461.HK company overview

Historical prices · Market data may be delayed.

Company profile

Company website

ZHONGTAI FUTURES Company Limited, established in 1995 and headquartered in Jinan, People's Republic of China, stands as a prominent provider of commodity and financial futures brokerage services across the PRC market. The firm's extensive business model is organized into several distinct segments. Its Futures Brokerage division specializes in facilitating both commodity and financial futures transactions for clients. The Commodity Trading and Risk Management segment actively engages in the physical trading of goods, alongside futures and over-the-counter derivative transactions. Within Futures Asset Management, the company delivers comprehensive portfolio oversight, maintenance, investment advisory, and trade execution services. Finally, the Treasury and Others segment manages the company's treasury operations. Beyond its core financial offerings, ZHONGTAI FUTURES also encompasses a broad spectrum of commercial endeavors. This includes the wholesale and retail distribution of diverse products such as agricultural produce, various metal and mineral products, precious metals, chemical compounds, edible oils, and a range of electronic and office automation equipment. The company also conducts import and export activities. Furthermore, ZHONGTAI FUTURES extends its expertise through a variety of consulting and technical services. These include technical and investment consultation, strategic investment planning, enterprise management advisory, specialized technical support for computer networks and software, and comprehensive capital risk management solutions. The company is additionally involved in software development, integrated computer information systems, general information technology services, and the design and construction of electronic engineering projects. Formerly known as LUZHENG FUTURES Company Limited, the firm officially adopted its current name in May 2022. It operates as a key subsidiary of Zhongtai Securities Co., Ltd.

Industry
Financial - Capital Markets
Sector
Financial Services
Headquarters
CN
CEO
Yunzhi Liu
Listed since
Jul 7, 2015
Employees
750

Market position

52-week range

Current HK$0.67

Open
HK$0.67
Previous close
HK$0.69
Volume
55K
0.58× average
Average volume
94.76K
Average daily volume
Market cap
671.27M HKD
Beta
0.3
Market reference 1
50-day average
HK$0.6159
+8.78% above average
200-day average
HK$0.6381
+4.99% above average

Financials

Financial statements

Margin trends

Profitability as a percentage of reported revenue.

Gross marginOperating marginNet margin
Gross, operating, and net margin trends110%70%30%-10%Gross margin, FY2021: 100.00%Gross margin, FY2022: 100.00%Gross margin, FY2023: 100.08%Gross margin, FY2024: 100.00%Gross margin, FY2025: 74.16%Operating margin, FY2021: 11.48%Operating margin, FY2022: 9.21%Operating margin, FY2023: 9.39%Operating margin, FY2024: 0.65%Operating margin, FY2025: 13.88%Net margin, FY2021: 8.36%Net margin, FY2022: 6.78%Net margin, FY2023: 6.22%Net margin, FY2024: 0.24%Net margin, FY2025: 9.36%FY2021FY2022FY2023FY2024FY2025
Gross margin FY2021 100.00%. Gross margin FY2022 100.00%. Gross margin FY2023 100.08%. Gross margin FY2024 100.00%. Gross margin FY2025 74.16%. Operating margin FY2021 11.48%. Operating margin FY2022 9.21%. Operating margin FY2023 9.39%. Operating margin FY2024 0.65%. Operating margin FY2025 13.88%. Net margin FY2021 8.36%. Net margin FY2022 6.78%. Net margin FY2023 6.22%. Net margin FY2024 0.24%. Net margin FY2025 9.36%.

Income trends

Revenue

890.18M HKD-51.86%

Operating income

123.58M HKD+933.57%

Net income

83.33M HKD+1739.48%
Income trends across reported periods2.69B HKD1.72B HKD737.7M HKD−239.86M HKDRevenue, FY2021: 2.25B HKDRevenue, FY2022: 2.45B HKDRevenue, FY2023: 2.15B HKDRevenue, FY2024: 1.85B HKDRevenue, FY2025: 890.18M HKDOperating income, FY2021: 258.86M HKDOperating income, FY2022: 225.39M HKDOperating income, FY2023: 201.98M HKDOperating income, FY2024: 11.96M HKDOperating income, FY2025: 123.58M HKDNet income, FY2021: 188.57M HKDNet income, FY2022: 166.1M HKDNet income, FY2023: 133.72M HKDNet income, FY2024: 4.53M HKDNet income, FY2025: 83.33M HKDFY2021FY2022FY2023FY2024FY2025
Revenue FY2021 2.25B HKD. Revenue FY2022 2.45B HKD. Revenue FY2023 2.15B HKD. Revenue FY2024 1.85B HKD. Revenue FY2025 890.18M HKD. Operating income FY2021 258.86M HKD. Operating income FY2022 225.39M HKD. Operating income FY2023 201.98M HKD. Operating income FY2024 11.96M HKD. Operating income FY2025 123.58M HKD. Net income FY2021 188.57M HKD. Net income FY2022 166.1M HKD. Net income FY2023 133.72M HKD. Net income FY2024 4.53M HKD. Net income FY2025 83.33M HKD.
Metric (HKD)FY2025FY2024FY2023FY2022FY2021
Revenue890.18M HKD1.85B HKD2.15B HKD2.45B HKD2.25B HKD
Cost of goods sold230.04M HKD282.37M HKD−1.74M HKD214.35M HKD94.05M HKD
Gross profit660.14M HKD1.85B HKD2.15B HKD2.45B HKD2.25B HKD
Selling, general, and administrative184.31M HKD88.03M HKD146.77M HKD124.27M HKD159.1M HKD
Operating expenses536.56M HKD1.84B HKD1.97B HKD2.22B HKD2B HKD
Interest income385.02M HKD528.67M HKD483.42M HKD440.08M HKD290.54M HKD
Interest expense4.94M HKD282.37M HKD251.68M HKD214.35M HKD94.05M HKD
Depreciation and amortization30.08M HKD26.66M HKD25.76M HKD21.36M HKD16.04M HKD
Operating income123.58M HKD11.96M HKD201.98M HKD225.39M HKD258.86M HKD
Net income83.33M HKD4.53M HKD133.72M HKD166.1M HKD188.57M HKD

Company facts updated Aug 24, 2026.

Earnings

Latest EPS result
0

EPS: actual versus estimate

Recent quarterly results

ActualEstimate
Estimates unavailable
Quarterly EPS actual values compared with estimates0.180.120.060Q2 '21Q4 '21Q3 '22Q2 '23Q3 '23Q1 '24Q3 '24Q1 '25
Q2 2021, reported Jun 30, 2021: actual 0.091, estimate —, surprise —, Comparison unavailable. Q4 2021, reported Dec 31, 2021: actual 0.138, estimate —, surprise —, Comparison unavailable. Q3 2022, reported Aug 25, 2022: actual 0.106, estimate —, surprise —, Comparison unavailable. Q2 2023, reported Apr 25, 2023: actual 0.086, estimate —, surprise —, Comparison unavailable. Q3 2023, reported Aug 25, 2023: actual 0.074, estimate —, surprise —, Comparison unavailable. Q1 2024, reported Mar 27, 2024: actual 0.072, estimate —, surprise —, Comparison unavailable. Q3 2024, reported Aug 29, 2024: actual 0.001, estimate —, surprise —, Comparison unavailable. Q1 2025, reported Mar 20, 2025: actual 0.004, estimate —, surprise —, Comparison unavailable.

Revenue: actual versus estimate

Recent quarterly results

ActualEstimate
Estimates unavailable
Quarterly Revenue actual values compared with estimates1.64B1.37B1.1B826.75MQ2 '21Q4 '21Q3 '22Q2 '23Q3 '23Q1 '24Q3 '24Q1 '25
Q2 2021, reported Jun 30, 2021: actual 1.18B HKD, estimate —, surprise —, Comparison unavailable. Q4 2021, reported Dec 31, 2021: actual 1.56B HKD, estimate —, surprise —, Comparison unavailable. Q3 2022, reported Aug 25, 2022: actual 1.58B HKD, estimate —, surprise —, Comparison unavailable. Q2 2023, reported Apr 25, 2023: actual 1.25B HKD, estimate —, surprise —, Comparison unavailable. Q3 2023, reported Aug 25, 2023: actual 889.91M HKD, estimate —, surprise —, Comparison unavailable. Q1 2024, reported Mar 27, 2024: actual 1.47B HKD, estimate —, surprise —, Comparison unavailable. Q3 2024, reported Aug 29, 2024: actual 894.63M HKD, estimate —, surprise —, Comparison unavailable. Q1 2025, reported Mar 20, 2025: actual 1.08B HKD, estimate —, surprise —, Comparison unavailable.

Corporate actions

Annual dividends per share

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

HK$0.0153

2024 complete year-75.3% since 2019

2026 partial: HK$0.0078

* Partial calendar year in the available dividend history.

Corporate action history

Dividend

Ex-dividend Jun 18, 2026

HK$0.0078

Irregular

Record Jun 22, 2026 · Payment Aug 11, 2026

Dividend

Ex-dividend Jul 2, 2024

HK$0.0153

Annual

Record Jul 3, 2024 · Payment Aug 8, 2024

Dividend

Ex-dividend Jun 20, 2023

HK$0.0176

Annual

Record Jun 21, 2023 · Payment Aug 10, 2023

Dividend

Ex-dividend Jun 30, 2022

HK$0.021

Annual

Record Jul 4, 2022 · Payment Aug 10, 2022

Dividend

Ex-dividend Jun 22, 2021

HK$0.0286

Annual

Record Jun 23, 2021 · Payment Aug 3, 2021

Dividend

Ex-dividend Jun 25, 2019

HK$0.055

Annual

Record Jun 26, 2019 · Payment Aug 1, 2019

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