Haitian International Holdings Limited logo

Haitian International Holdings Limited

1882.HK

HKSEIndustrialsIndustrial - Machinery

Latest quote

HK$19.72

−HK$0.30 · -1.50%

Aug 24, 3:04 PM HKT

1882.HK company overview

Regular session · HKT · Market data may be delayed.

Company profile

Company website

Haitian International Holdings Limited, an investment holding company, engages in the manufacture, distribution, and sale of plastic injection molding machines and related products in Mainland China, Hong Kong, and internationally. It offers plastic machinery under the Haitian and Zhafir names. The company is also involved in the trading of plastic machinery and related accessories; and sale of software for plastic injection molding machines. It serves automotive, packaging, medical, electronics, logistics, consumer goods, and white goods industries. The company was founded in 1966 and is headquartered in Kwai Fong, Hong Kong.

Industry
Industrial - Machinery
Sector
Industrials
Headquarters
HK
CEO
Bin Zhang
Listed since
Dec 22, 2006
Employees
8,768

Market position

Day range

Current HK$19.72

52-week range

Current HK$19.72

Open
HK$20.02
Previous close
HK$20.02
Volume
1.34M
0.58× average
Average volume
2.32M
Average daily volume
Market cap
31.47B HKD
Beta
1.13
Market reference 1
50-day average
HK$19.9092
-0.95% below average
200-day average
HK$21.7782
-9.45% below average

Financials

Financial snapshot

Latest / TTM

Valuation & yield

P/E (TTM)
8.17×
P/B (TTM)
1.17×
P/S (TTM)
1.52×
Dividend yield
4.06%

Profitability & efficiency

Gross margin
32.70%
Operating margin
21.70%
Net margin
18.62%

Financial health

Debt / equity
0.14×
Altman Z-score
4.07
Piotroski F-score
6 of 9

Financial statements

Margin trends

Profitability as a percentage of reported revenue.

Gross marginOperating marginNet margin
Gross, operating, and net margin trends34%28%23%17%Gross margin, FY2021: 32.16%Gross margin, FY2022: 31.83%Gross margin, FY2023: 32.14%Gross margin, FY2024: 32.46%Gross margin, FY2025: 32.70%Operating margin, FY2021: 22.45%Operating margin, FY2022: 21.39%Operating margin, FY2023: 21.33%Operating margin, FY2024: 21.91%Operating margin, FY2025: 21.70%Net margin, FY2021: 19.05%Net margin, FY2022: 18.40%Net margin, FY2023: 19.06%Net margin, FY2024: 19.10%Net margin, FY2025: 18.62%FY2021FY2022FY2023FY2024FY2025
Gross margin FY2021 32.16%. Gross margin FY2022 31.83%. Gross margin FY2023 32.14%. Gross margin FY2024 32.46%. Gross margin FY2025 32.70%. Operating margin FY2021 22.45%. Operating margin FY2022 21.39%. Operating margin FY2023 21.33%. Operating margin FY2024 21.91%. Operating margin FY2025 21.70%. Net margin FY2021 19.05%. Net margin FY2022 18.40%. Net margin FY2023 19.06%. Net margin FY2024 19.10%. Net margin FY2025 18.62%.

Income trends

Revenue

17.73B CNY+9.95%

Operating income

3.85B CNY+8.91%

Net income

3.3B CNY+7.17%
Income trends across reported periods19.28B CNY13.09B CNY6.91B CNY717.82M CNYRevenue, FY2021: 16.02B CNYRevenue, FY2022: 12.31B CNYRevenue, FY2023: 13.07B CNYRevenue, FY2024: 16.13B CNYRevenue, FY2025: 17.73B CNYOperating income, FY2021: 3.6B CNYOperating income, FY2022: 2.63B CNYOperating income, FY2023: 2.79B CNYOperating income, FY2024: 3.53B CNYOperating income, FY2025: 3.85B CNYNet income, FY2021: 3.05B CNYNet income, FY2022: 2.26B CNYNet income, FY2023: 2.49B CNYNet income, FY2024: 3.08B CNYNet income, FY2025: 3.3B CNYFY2021FY2022FY2023FY2024FY2025
Revenue FY2021 16.02B CNY. Revenue FY2022 12.31B CNY. Revenue FY2023 13.07B CNY. Revenue FY2024 16.13B CNY. Revenue FY2025 17.73B CNY. Operating income FY2021 3.6B CNY. Operating income FY2022 2.63B CNY. Operating income FY2023 2.79B CNY. Operating income FY2024 3.53B CNY. Operating income FY2025 3.85B CNY. Net income FY2021 3.05B CNY. Net income FY2022 2.26B CNY. Net income FY2023 2.49B CNY. Net income FY2024 3.08B CNY. Net income FY2025 3.3B CNY.
Metric (CNY)FY2025FY2024FY2023FY2022FY2021
Revenue17.73B CNY16.13B CNY13.07B CNY12.31B CNY16.02B CNY
Cost of goods sold11.93B CNY10.89B CNY8.87B CNY8.39B CNY10.87B CNY
Gross profit5.8B CNY5.24B CNY4.2B CNY3.92B CNY5.15B CNY
Research and development343.9M CNY266.72M CNY245.9M CNY231.53M CNY209.73M CNY
Selling, general, and administrative2.67B CNY2.31B CNY2.02B CNY1.8B CNY1.85B CNY
Operating expenses1.95B CNY1.7B CNY1.41B CNY1.29B CNY1.55B CNY
Interest income185.09M CNY243.12M CNY279.37M CNY190.97M CNY194.39M CNY
Interest expense82.51M CNY65.47M CNY74.06M CNY57.88M CNY46.51M CNY
Depreciation and amortization485.08M CNY440.39M CNY391.39M CNY341.39M CNY325.75M CNY
Operating income3.85B CNY3.53B CNY2.79B CNY2.63B CNY3.6B CNY
Net income3.3B CNY3.08B CNY2.49B CNY2.26B CNY3.05B CNY

Company facts updated Aug 24, 2026.

Earnings

EPS beat rate
45%
5 beats, 6 misses, 0 met estimates
Average EPS surprise
+0.62%
11 comparable reports
Latest EPS result
1.11
Estimate 1.17 · Miss by 5.13%

EPS: actual versus estimate

Recent quarterly results

ActualEstimate
Quarterly EPS actual values compared with estimates1.271.060.840.63Q4 '22BeatQ2 '23MissQ4 '23MissQ2 '24BeatQ4 '24MissQ2 '25MissQ1 '26MissQ3 '26Estimate
Q4 2022, reported Dec 31, 2022: actual 0.78, estimate 0.679, surprise +14.87%, Beat. Q2 2023, reported Jun 30, 2023: actual 0.834, estimate 0.865, surprise -3.58%, Miss. Q4 2023, reported Dec 31, 2023: actual 0.874, estimate 0.88, surprise -0.68%, Miss. Q2 2024, reported Jun 30, 2024: actual 1.02, estimate 0.988, surprise +3.24%, Beat. Q4 2024, reported Dec 31, 2024: actual 1.04, estimate 1.18, surprise -11.86%, Miss. Q2 2025, reported Jun 30, 2025: actual 1.17, estimate 1.21, surprise -3.31%, Miss. Q1 2026, reported Mar 16, 2026: actual 1.11, estimate 1.17, surprise -5.13%, Miss. Q3 2026, reported Aug 24, 2026: actual —, estimate 1.22, surprise —, Comparison unavailable.

Revenue: actual versus estimate

Recent quarterly results

ActualEstimate
Quarterly Revenue actual values compared with estimates11.05B9.41B7.77B6.13BQ4 '22BeatQ2 '23MissQ4 '23MissQ2 '24BeatQ4 '24MissQ2 '25BeatQ1 '26BeatQ3 '26Estimate
Q4 2022, reported Dec 31, 2022: actual 6.6B HKD, estimate 6.56B HKD, surprise +0.72%, Beat. Q2 2023, reported Jun 30, 2023: actual 6.9B HKD, estimate 7.53B HKD, surprise -8.34%, Miss. Q4 2023, reported Dec 31, 2023: actual 7.4B HKD, estimate 7.68B HKD, surprise -3.58%, Miss. Q2 2024, reported Jun 30, 2024: actual 8.61B HKD, estimate 8.35B HKD, surprise +3.18%, Beat. Q4 2024, reported Dec 31, 2024: actual 8.63B HKD, estimate 9.68B HKD, surprise -10.87%, Miss. Q2 2025, reported Jun 30, 2025: actual 9.87B HKD, estimate 9.84B HKD, surprise +0.27%, Beat. Q1 2026, reported Mar 16, 2026: actual 9.7B HKD, estimate 9.48B HKD, surprise +2.32%, Beat. Q3 2026, reported Aug 24, 2026: actual —, estimate 10.62B HKD, surprise —, Comparison unavailable.

Corporate actions

Annual dividends per share

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

HK$0.43

2020 complete year+19.4% since 2016

2026 partial: HK$0.80

* Partial calendar year in the available dividend history.

Corporate action history

Dividend

Ex-dividend Mar 27, 2026

HK$0.80

Annual

Record Mar 30, 2026 · Payment Apr 13, 2026

Dividend

Ex-dividend Mar 28, 2025

HK$0.73

Annual

Record Mar 31, 2025 · Payment Apr 11, 2025

Dividend

Ex-dividend Apr 2, 2024

HK$0.66

Annual

Record Apr 3, 2024 · Payment Apr 15, 2024

Dividend

Ex-dividend Mar 31, 2023

HK$0.55

Annual

Record Apr 3, 2023 · Payment Apr 17, 2023

Dividend

Ex-dividend Apr 4, 2022

HK$0.95

Annual

Record Apr 6, 2022 · Payment Apr 19, 2022

Dividend

Ex-dividend Apr 7, 2021

HK$1.40

Special

Record Apr 9, 2021 · Payment Apr 19, 2021

1882.HK peers

ETFs holding 1882.HK

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

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