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Honworld Group Limited logo

Honworld Group Limited

2226.HK

HKSEConsumer DefensivePackaged Foods

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Latest quote

HK$0.475

HK$0.00 · 0.00%

Aug 24, 1:44 PM HKT

2226.HK company overview

Historical prices · Market data may be delayed.

Company profile

Company website

Honworld Group Limited operates as an investment holding entity, primarily involved in the production and distribution of cooking wine and various other seasoning products throughout the People's Republic of China. The company markets these items under its established Lao Heng He brand, with offerings including staple condiments like soy sauce, vinegar, soybean paste, and fermented bean curd. Additionally, Honworld Group engages in the wholesale trade of these food seasonings. The company was founded in 2012 and maintains its corporate headquarters in Huzhou, PRC.

Industry
Packaged Foods
Sector
Consumer Defensive
Headquarters
CN
CEO
Qinghua Li
Listed since
Jan 28, 2014
Employees
439

Market position

52-week range

Current HK$0.475

Open
HK$0.475
Previous close
HK$0.475
Volume
1K
0.01× average
Average volume
86.63K
Average daily volume
Market cap
274.91M HKD
Beta
0.18
Market reference 1
50-day average
HK$0.5211
-8.85% below average
200-day average
HK$0.509
-6.67% below average

Financials

Financial snapshot

Latest / TTM

Valuation & yield

Enterprise value
4.03B CNY
EV / EBITDA
-273.23×
Earnings yield
-197.73%
Free cash flow yield
-16.13%

Profitability & efficiency

Return on equity
15.27%
Return on assets
-50.16%
Return on invested capital
-11.78%

Financial health

Current ratio
0.17×

Financial statements

Margin trends

Profitability as a percentage of reported revenue.

Gross marginOperating marginNet margin
Gross, operating, and net margin trends52%-41%-133%-226%Gross margin, FY2021: 27.11%Gross margin, FY2022: 27.55%Gross margin, FY2023: 28.64%Gross margin, FY2024: 25.05%Gross margin, FY2025: 25.56%Operating margin, FY2021: -34.43%Operating margin, FY2022: -28.81%Operating margin, FY2023: -31.28%Operating margin, FY2024: -25.43%Operating margin, FY2025: -19.63%Net margin, FY2021: -126.03%Net margin, FY2022: -179.06%Net margin, FY2023: -202.61%Net margin, FY2024: -187.79%Net margin, FY2025: -189.16%FY2021FY2022FY2023FY2024FY2025
Gross margin FY2021 27.11%. Gross margin FY2022 27.55%. Gross margin FY2023 28.64%. Gross margin FY2024 25.05%. Gross margin FY2025 25.56%. Operating margin FY2021 -34.43%. Operating margin FY2022 -28.81%. Operating margin FY2023 -31.28%. Operating margin FY2024 -25.43%. Operating margin FY2025 -19.63%. Net margin FY2021 -126.03%. Net margin FY2022 -179.06%. Net margin FY2023 -202.61%. Net margin FY2024 -187.79%. Net margin FY2025 -189.16%.

Income trends

Revenue

271.7M CNY-1.23%

Operating income

−53.32M CNY+23.78%

Net income

−513.94M CNY+0.51%
Income trends across reported periods355.02M CNY35.26M CNY−284.5M CNY−604.26M CNYRevenue, FY2021: 252.67M CNYRevenue, FY2022: 271.6M CNYRevenue, FY2023: 258.78M CNYRevenue, FY2024: 275.08M CNYRevenue, FY2025: 271.7M CNYOperating income, FY2021: −87.01M CNYOperating income, FY2022: −78.24M CNYOperating income, FY2023: −80.96M CNYOperating income, FY2024: −69.97M CNYOperating income, FY2025: −53.32M CNYNet income, FY2021: −318.45M CNYNet income, FY2022: −486.34M CNYNet income, FY2023: −524.32M CNYNet income, FY2024: −516.56M CNYNet income, FY2025: −513.94M CNYFY2021FY2022FY2023FY2024FY2025
Revenue FY2021 252.67M CNY. Revenue FY2022 271.6M CNY. Revenue FY2023 258.78M CNY. Revenue FY2024 275.08M CNY. Revenue FY2025 271.7M CNY. Operating income FY2021 −87.01M CNY. Operating income FY2022 −78.24M CNY. Operating income FY2023 −80.96M CNY. Operating income FY2024 −69.97M CNY. Operating income FY2025 −53.32M CNY. Net income FY2021 −318.45M CNY. Net income FY2022 −486.34M CNY. Net income FY2023 −524.32M CNY. Net income FY2024 −516.56M CNY. Net income FY2025 −513.94M CNY.
Metric (CNY)FY2025FY2024FY2023FY2022FY2021
Revenue271.7M CNY275.08M CNY258.78M CNY271.6M CNY252.67M CNY
Cost of goods sold202.27M CNY206.17M CNY184.67M CNY196.78M CNY184.16M CNY
Gross profit69.43M CNY68.91M CNY74.11M CNY74.82M CNY68.51M CNY
Research and development11.66M CNY10.74M CNY14.72M CNY10.26M CNY12.17M CNY
Selling, general, and administrative111.1M CNY128.14M CNY142.33M CNY119.1M CNY135.91M CNY
Operating expenses122.76M CNY138.88M CNY155.07M CNY172.47M CNY134.22M CNY
Interest income4.87K CNY10K CNY2.09M CNY23K CNY20K CNY
Interest expense444.16M CNY451.9M CNY420.95M CNY383.27M CNY135.56M CNY
Depreciation and amortization26.91M CNY27.14M CNY28.7M CNY29M CNY28.98M CNY
Operating income−53.32M CNY−69.97M CNY−80.96M CNY−78.24M CNY−87.01M CNY
Net income−513.94M CNY−516.56M CNY−524.32M CNY−486.34M CNY−318.45M CNY

Company facts updated Aug 24, 2026.

Earnings

Latest EPS result
-0.49

EPS: actual versus estimate

Recent quarterly results

ActualEstimate
Estimates unavailable
Quarterly EPS actual values compared with estimates-0.22-0.34-0.46-0.57Q2 '21Q4 '21Q3 '22Q2 '23Q3 '23Q1 '24Q3 '24Q1 '25
Q2 2021, reported Jun 30, 2021: actual -0.262, estimate —, surprise —, Comparison unavailable. Q4 2021, reported Dec 31, 2021: actual -0.407, estimate —, surprise —, Comparison unavailable. Q3 2022, reported Sep 28, 2022: actual -0.434, estimate —, surprise —, Comparison unavailable. Q2 2023, reported Apr 24, 2023: actual -0.535, estimate —, surprise —, Comparison unavailable. Q3 2023, reported Aug 31, 2023: actual -0.458, estimate —, surprise —, Comparison unavailable. Q1 2024, reported Mar 29, 2024: actual -0.534, estimate —, surprise —, Comparison unavailable. Q3 2024, reported Aug 29, 2024: actual -0.459, estimate —, surprise —, Comparison unavailable. Q1 2025, reported Mar 28, 2025: actual -0.494, estimate —, surprise —, Comparison unavailable.

Revenue: actual versus estimate

Recent quarterly results

ActualEstimate
Quarterly Revenue actual values compared with estimates1.18B823.26M470.36M117.47MQ2 '21No estimateQ4 '21No estimateQ3 '22MissQ2 '23MissQ3 '23MissQ1 '24MissQ3 '24No estimateQ1 '25No estimate
Q2 2021, reported Jun 30, 2021: actual 147.42M HKD, estimate —, surprise —, Comparison unavailable. Q4 2021, reported Dec 31, 2021: actual 159.03M HKD, estimate —, surprise —, Comparison unavailable. Q3 2022, reported Sep 28, 2022: actual 162.08M HKD, estimate 1.1B HKD, surprise -85.26%, Miss. Q2 2023, reported Apr 24, 2023: actual 151.64M HKD, estimate 1.1B HKD, surprise -86.21%, Miss. Q3 2023, reported Aug 31, 2023: actual 138.2M HKD, estimate 1.1B HKD, surprise -87.43%, Miss. Q1 2024, reported Mar 29, 2024: actual 144.98M HKD, estimate 1.1B HKD, surprise -86.81%, Miss. Q3 2024, reported Aug 29, 2024: actual 154.94M HKD, estimate —, surprise —, Comparison unavailable. Q1 2025, reported Mar 28, 2025: actual 139.15M HKD, estimate —, surprise —, Comparison unavailable.

Corporate actions

Annual dividends per share

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

HK$0.0747

2020 complete year-28.1% since 2016

Corporate action history

Dividend

Ex-dividend Jul 10, 2020

HK$0.0747

Annual

Record Jul 13, 2020 · Payment Aug 21, 2020

Dividend

Ex-dividend Jun 6, 2019

HK$0.0796

Annual

Record Jun 10, 2019 · Payment Jul 5, 2019

Dividend

Ex-dividend Jun 8, 2018

HK$0.0794

Annual

Record Jun 11, 2018 · Payment Jul 4, 2018

Dividend

Ex-dividend Jun 8, 2017

HK$0.0817

Annual

Record Jun 9, 2017 · Payment Jul 4, 2017

Dividend

Ex-dividend Jun 7, 2016

HK$0.1039

Annual

Record Jun 8, 2016 · Payment Jun 30, 2016

Dividend

Ex-dividend Jun 8, 2015

HK$0.1267

Annual

Record Jun 9, 2015 · Payment Jul 3, 2015

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