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Heng Hup Holdings Limited logo

Heng Hup Holdings Limited

1891.HK

HKSEIndustrialsManufacturing - Metal Fabrication

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Latest quote

HK$0.16

+HK$0.005 · +3.23%

Aug 24, 2:11 PM HKT

1891.HK company overview

Regular session · HKT · Market data may be delayed.

Company profile

Company website

Heng Hup Holdings Limited, an investment conglomerate, primarily engages in the trade of ferrous scrap metal, operating both domestically within Malaysia and across international markets. The company procures these metallic discards from diverse suppliers, subsequently processing and distributing them to steel manufacturing facilities. Beyond ferrous metals, its commercial operations extend to include used batteries, waste paper, and other assorted scrap materials. Furthermore, the firm is active in the rerolling, refinement, and merchandising of scrap metal. It also handles recycled paper and related products, and provides an e-commerce platform for waste commodities. Its customer base includes not only steel mills but also lead smelting facilities and paper production plants. Established in 1996, the company's main office is situated in Shah Alam, Malaysia. Heng Hup Holdings Limited operates as a subsidiary under the ownership of 5S Holdings (BVI) Limited.

Industry
Manufacturing - Metal Fabrication
Sector
Industrials
Headquarters
MY
CEO
Kok Chin Sia
Listed since
Mar 15, 2019
Employees
380

Market position

Day range

Current HK$0.16

52-week range

Current HK$0.16

Open
HK$0.155
Previous close
HK$0.155
Volume
116K
0.37× average
Average volume
311.91K
Average daily volume
Market cap
160M HKD
Beta
0.3
Market reference 1
50-day average
HK$0.1718
-6.89% below average
200-day average
HK$0.1557
+2.79% above average

Financials

Financial snapshot

Latest / TTM

Valuation & yield

Enterprise value
109.05M MYR
P/E (TTM)
5.69×
P/B (TTM)
0.33×
P/S (TTM)
0.06×
EV / EBITDA
3.92×
Earnings yield
19.42%
Free cash flow yield
2.04%
Dividend yield
0.00%

Profitability & efficiency

Gross margin
8.46%
Operating margin
1.41%
Net margin
1.00%
Return on equity
5.77%
Return on assets
3.78%
Return on invested capital
3.61%

Financial health

Debt / equity
0.36×
Current ratio
2.37×
Altman Z-score
10.21
Piotroski F-score
7 of 9

Financial statements

Margin trends

Profitability as a percentage of reported revenue.

Gross marginOperating marginNet margin
Gross, operating, and net margin trends9%6%3%-1%Gross margin, FY2021: 5.47%Gross margin, FY2022: 3.73%Gross margin, FY2023: 5.72%Gross margin, FY2024: 7.38%Gross margin, FY2025: 8.46%Operating margin, FY2021: 2.60%Operating margin, FY2022: 0.46%Operating margin, FY2023: 1.33%Operating margin, FY2024: 2.22%Operating margin, FY2025: 1.41%Net margin, FY2021: 1.80%Net margin, FY2022: 0.17%Net margin, FY2023: 0.63%Net margin, FY2024: 1.49%Net margin, FY2025: 1.00%FY2021FY2022FY2023FY2024FY2025
Gross margin FY2021 5.47%. Gross margin FY2022 3.73%. Gross margin FY2023 5.72%. Gross margin FY2024 7.38%. Gross margin FY2025 8.46%. Operating margin FY2021 2.60%. Operating margin FY2022 0.46%. Operating margin FY2023 1.33%. Operating margin FY2024 2.22%. Operating margin FY2025 1.41%. Net margin FY2021 1.80%. Net margin FY2022 0.17%. Net margin FY2023 0.63%. Net margin FY2024 1.49%. Net margin FY2025 1.00%.

Income trends

Revenue

1.46B MYR-14.72%

Operating income

20.53M MYR-45.80%

Net income

14.58M MYR-42.74%
Income trends across reported periods1.88B MYR1.2B MYR513.66M MYR−168.05M MYRRevenue, FY2021: 1.42B MYRRevenue, FY2022: 1.4B MYRRevenue, FY2023: 1.35B MYRRevenue, FY2024: 1.71B MYRRevenue, FY2025: 1.46B MYROperating income, FY2021: 36.91M MYROperating income, FY2022: 6.47M MYROperating income, FY2023: 17.88M MYROperating income, FY2024: 37.89M MYROperating income, FY2025: 20.53M MYRNet income, FY2021: 25.49M MYRNet income, FY2022: 2.38M MYRNet income, FY2023: 8.54M MYRNet income, FY2024: 25.46M MYRNet income, FY2025: 14.58M MYRFY2021FY2022FY2023FY2024FY2025
Revenue FY2021 1.42B MYR. Revenue FY2022 1.4B MYR. Revenue FY2023 1.35B MYR. Revenue FY2024 1.71B MYR. Revenue FY2025 1.46B MYR. Operating income FY2021 36.91M MYR. Operating income FY2022 6.47M MYR. Operating income FY2023 17.88M MYR. Operating income FY2024 37.89M MYR. Operating income FY2025 20.53M MYR. Net income FY2021 25.49M MYR. Net income FY2022 2.38M MYR. Net income FY2023 8.54M MYR. Net income FY2024 25.46M MYR. Net income FY2025 14.58M MYR.
Metric (MYR)FY2025FY2024FY2023FY2022FY2021
Revenue1.46B MYR1.71B MYR1.35B MYR1.4B MYR1.42B MYR
Cost of goods sold1.33B MYR1.58B MYR1.27B MYR1.35B MYR1.34B MYR
Gross profit123.07M MYR125.96M MYR77.08M MYR52.33M MYR77.57M MYR
Selling, general, and administrative100.63M MYR86.42M MYR60.24M MYR50.7M MYR44.71M MYR
Operating expenses102.54M MYR88.08M MYR59.2M MYR45.86M MYR40.67M MYR
Interest income1.47M MYR445K MYR666K MYR249K MYR239K MYR
Interest expense3.98M MYR5.47M MYR4.19M MYR2.45M MYR1.61M MYR
Depreciation and amortization7.44M MYR6.08M MYR8M MYR6.83M MYR4.88M MYR
Operating income20.53M MYR37.89M MYR17.88M MYR6.47M MYR36.91M MYR
Net income14.58M MYR25.46M MYR8.54M MYR2.38M MYR25.49M MYR

Company facts updated Aug 24, 2026.

Earnings

Latest EPS result
0.01

EPS: actual versus estimate

Recent quarterly results

ActualEstimate
Estimates unavailable
Quarterly EPS actual values compared with estimates0.060.03-0.01-0.05Q2 '22Q4 '22Q2 '23Q4 '23Q3 '24Q4 '24Q3 '25Q1 '26
Q2 2022, reported Jun 30, 2022: actual 0.014, estimate —, surprise —, Comparison unavailable. Q4 2022, reported Dec 31, 2022: actual -0.01, estimate —, surprise —, Comparison unavailable. Q2 2023, reported Jun 30, 2023: actual 0.004, estimate —, surprise —, Comparison unavailable. Q4 2023, reported Dec 31, 2023: actual 0.01, estimate —, surprise —, Comparison unavailable. Q3 2024, reported Aug 26, 2024: actual 0.019, estimate —, surprise —, Comparison unavailable. Q4 2024, reported Dec 31, 2024: actual 0.024, estimate —, surprise —, Comparison unavailable. Q3 2025, reported Aug 25, 2025: actual 0.016, estimate —, surprise —, Comparison unavailable. Q1 2026, reported Mar 25, 2026: actual 0.012, estimate —, surprise —, Comparison unavailable.

Revenue: actual versus estimate

Recent quarterly results

ActualEstimate
Estimates unavailable
Quarterly Revenue actual values compared with estimates1.61B1.37B1.13B895.24MQ2 '22Q4 '22Q2 '23Q4 '23Q3 '24Q4 '24Q3 '25Q1 '26
Q2 2022, reported Jun 30, 2022: actual 1.55B HKD, estimate —, surprise —, Comparison unavailable. Q4 2022, reported Dec 31, 2022: actual 957.14M HKD, estimate —, surprise —, Comparison unavailable. Q2 2023, reported Jun 30, 2023: actual 963.62M HKD, estimate —, surprise —, Comparison unavailable. Q4 2023, reported Dec 31, 2023: actual 1.32B HKD, estimate —, surprise —, Comparison unavailable. Q3 2024, reported Aug 26, 2024: actual 1.43B HKD, estimate —, surprise —, Comparison unavailable. Q4 2024, reported Dec 31, 2024: actual 1.46B HKD, estimate —, surprise —, Comparison unavailable. Q3 2025, reported Aug 25, 2025: actual 1.34B HKD, estimate —, surprise —, Comparison unavailable. Q1 2026, reported Mar 25, 2026: actual 1.4B HKD, estimate —, surprise —, Comparison unavailable.

Corporate actions

Annual dividends per share

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

HK$0.008

2022 complete year+60.0% since 2019

Corporate action history

Dividend

Ex-dividend Jun 22, 2022

HK$0.008

Annual

Record Jun 23, 2022 · Payment Jul 15, 2022

Dividend

Ex-dividend Jun 23, 2021

HK$0.0055

Annual

Record Jun 24, 2021 · Payment Jul 15, 2021

Dividend

Ex-dividend Oct 8, 2019

HK$0.005

Special

Record Oct 9, 2019 · Payment Nov 13, 2019

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