GoAI
Get started
Lygend Resources & Technology Co., Ltd. logo

Lygend Resources & Technology Co., Ltd.

2245.HK

HKSEBasic MaterialsIndustrial Materials

Open in GoAI

Latest quote

HK$16.94

−HK$1.86 · -9.89%

Aug 24, 1:46 PM HKT

2245.HK company overview

Regular session · HKT · Market data may be delayed.

Company profile

Company website

Lygend Resources & Technology Co., Ltd., together with its subsidiaries, engages in the production, smelting, and trading of nickel products in Mainland China and internationally. The company offers nickel ores, ferronickel, mixed hydroxide precipitates, cobalt sulfates, and electrodeposited cobalts. It also manufactures, exports, and sells machinery and equipment for core smelting, including ferronickel furnaces, submerged arc furnaces, and electric arc furnaces, etc.; provides technical support; and trades in laterite nickel ore, send, and ferronickel. In addition, the company provides new energy technological development; logistics and shipping services; project management; industrial real estate business services; and business management services. Lygend Resources & Technology Co., Ltd. was incorporated in 2009 and is headquartered in Ningbo, China.

Industry
Industrial Materials
Sector
Basic Materials
Headquarters
CN
CEO
Zhichun Hu
Listed since
Dec 1, 2022
Employees
15,453

Market position

Day range

Current HK$16.94

52-week range

Current HK$16.94

Open
HK$18.70
Previous close
HK$18.80
Volume
6.23M
1.17× average
Average volume
5.34M
Average daily volume
Market cap
26.36B HKD
Beta
-0.61
Market reference 1
50-day average
HK$14.1086
+20.07% above average
200-day average
HK$18.5148
-8.51% below average

Financials

Financial snapshot

Latest / TTM

Valuation & yield

Enterprise value
40.71B CNY
EV / EBITDA
5.37×
Earnings yield
8.95%
Free cash flow yield
5.25%

Profitability & efficiency

Return on equity
22.44%
Return on assets
5.92%
Return on invested capital
12.71%

Financial health

Current ratio
1.14×
Altman Z-score
2.86
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 trends27%19%11%3%Gross margin, FY2021: 12.18%Gross margin, FY2022: 24.57%Gross margin, FY2023: 16.06%Gross margin, FY2024: 18.31%Gross margin, FY2025: 19.17%Operating margin, FY2021: 8.73%Operating margin, FY2022: 18.20%Operating margin, FY2023: 11.11%Operating margin, FY2024: 14.35%Operating margin, FY2025: 15.68%Net margin, FY2021: 8.83%Net margin, FY2022: 9.49%Net margin, FY2023: 4.99%Net margin, FY2024: 6.07%Net margin, FY2025: 7.10%FY2021FY2022FY2023FY2024FY2025
Gross margin FY2021 12.18%. Gross margin FY2022 24.57%. Gross margin FY2023 16.06%. Gross margin FY2024 18.31%. Gross margin FY2025 19.17%. Operating margin FY2021 8.73%. Operating margin FY2022 18.20%. Operating margin FY2023 11.11%. Operating margin FY2024 14.35%. Operating margin FY2025 15.68%. Net margin FY2021 8.83%. Net margin FY2022 9.49%. Net margin FY2023 4.99%. Net margin FY2024 6.07%. Net margin FY2025 7.10%.

Income trends

Revenue

40.24B CNY+37.65%

Operating income

6.31B CNY+50.35%

Net income

2.86B CNY+61.15%
Income trends across reported periods44.16B CNY28.48B CNY12.81B CNY−2.87B CNYRevenue, FY2021: 12.45B CNYRevenue, FY2022: 18.29B CNYRevenue, FY2023: 21.06B CNYRevenue, FY2024: 29.23B CNYRevenue, FY2025: 40.24B CNYOperating income, FY2021: 1.09B CNYOperating income, FY2022: 3.33B CNYOperating income, FY2023: 2.34B CNYOperating income, FY2024: 4.2B CNYOperating income, FY2025: 6.31B CNYNet income, FY2021: 1.1B CNYNet income, FY2022: 1.74B CNYNet income, FY2023: 1.05B CNYNet income, FY2024: 1.77B CNYNet income, FY2025: 2.86B CNYFY2021FY2022FY2023FY2024FY2025
Revenue FY2021 12.45B CNY. Revenue FY2022 18.29B CNY. Revenue FY2023 21.06B CNY. Revenue FY2024 29.23B CNY. Revenue FY2025 40.24B CNY. Operating income FY2021 1.09B CNY. Operating income FY2022 3.33B CNY. Operating income FY2023 2.34B CNY. Operating income FY2024 4.2B CNY. Operating income FY2025 6.31B CNY. Net income FY2021 1.1B CNY. Net income FY2022 1.74B CNY. Net income FY2023 1.05B CNY. Net income FY2024 1.77B CNY. Net income FY2025 2.86B CNY.
Metric (CNY)FY2025FY2024FY2023FY2022FY2021
Revenue40.24B CNY29.23B CNY21.06B CNY18.29B CNY12.45B CNY
Cost of goods sold32.52B CNY23.88B CNY17.68B CNY13.8B CNY10.93B CNY
Gross profit7.72B CNY5.35B CNY3.38B CNY4.49B CNY1.52B CNY
Research and development————7.89M CNY
Selling, general, and administrative1.41B CNY1.15B CNY1.03B CNY887.42M CNY74.36M CNY
Operating expenses1.41B CNY1.16B CNY1.04B CNY1.18B CNY429.53M CNY
Interest income190.04M CNY121.64M CNY71.65M CNY38.43M CNY14.79M CNY
Interest expense621.12M CNY647.54M CNY534.85M CNY254.43M CNY79.33M CNY
Depreciation and amortization1.42B CNY974.16M CNY664.76M CNY473.02M CNY88.28M CNY
Operating income6.31B CNY4.2B CNY2.34B CNY3.33B CNY1.09B CNY
Net income2.86B CNY1.77B CNY1.05B CNY1.74B CNY1.1B CNY

Company facts updated Aug 24, 2026.

Earnings

Latest EPS result
1.02

EPS: actual versus estimate

Recent quarterly results

ActualEstimate
Estimates unavailable
Quarterly EPS actual values compared with estimates1.280.920.560.2Q2 '22Q4 '22Q2 '23Q4 '23Q2 '24Q4 '24Q2 '25Q1 '26
Q2 2022, reported Jun 30, 2022: actual 1.2, estimate —, surprise —, Comparison unavailable. Q4 2022, reported Dec 31, 2022: actual 0.323, estimate —, surprise —, Comparison unavailable. Q2 2023, reported Jun 30, 2023: actual 0.235, estimate —, surprise —, Comparison unavailable. Q4 2023, reported Dec 31, 2023: actual 0.507, estimate —, surprise —, Comparison unavailable. Q2 2024, reported Jun 30, 2024: actual 0.405, estimate —, surprise —, Comparison unavailable. Q4 2024, reported Dec 31, 2024: actual 0.811, estimate —, surprise —, Comparison unavailable. Q2 2025, reported Jun 30, 2025: actual 1, estimate —, surprise —, Comparison unavailable. Q1 2026, reported Mar 31, 2026: actual 1.02, estimate —, surprise —, Comparison unavailable.

Revenue: actual versus estimate

Recent quarterly results

ActualEstimate
Quarterly Revenue actual values compared with estimates31.22B23.5B15.77B8.05BQ4 '22No estimateQ2 '23No estimateQ4 '23No estimateQ2 '24No estimateQ4 '24No estimateQ2 '25No estimateQ1 '26BeatQ3 '26Estimate
Q4 2022, reported Dec 31, 2022: actual 9.47B HKD, estimate —, surprise —, Comparison unavailable. Q2 2023, reported Jun 30, 2023: actual 10.04B HKD, estimate —, surprise —, Comparison unavailable. Q4 2023, reported Dec 31, 2023: actual 13.03B HKD, estimate —, surprise —, Comparison unavailable. Q2 2024, reported Jun 30, 2024: actual 11.68B HKD, estimate —, surprise —, Comparison unavailable. Q4 2024, reported Dec 31, 2024: actual 19.53B HKD, estimate —, surprise —, Comparison unavailable. Q2 2025, reported Jun 30, 2025: actual 19.85B HKD, estimate —, surprise —, Comparison unavailable. Q1 2026, reported Mar 31, 2026: actual 24.58B HKD, estimate 24.58B HKD, surprise +0.02%, Beat. Q3 2026, reported Aug 27, 2026: actual —, estimate 29.61B HKD, surprise —, Comparison unavailable.

Corporate actions

Annual dividends per share

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

HK$0.38

2025 complete year+13.2% since 2023

2026 partial: HK$0.69

* Partial calendar year in the available dividend history.

Corporate action history

Dividend

Ex-dividend May 27, 2026

HK$0.69

Annual

Record May 29, 2026 · Payment Jun 18, 2026

Dividend

Ex-dividend May 23, 2025

HK$0.38

Annual

Record May 26, 2025 · Payment Jun 13, 2025

Dividend

Ex-dividend May 23, 2024

HK$0.22

Annual

Record May 24, 2024 · Payment Jun 14, 2024

Dividend

Ex-dividend Jan 13, 2023

HK$0.3357

Special

Record Jan 16, 2023 · Payment Feb 28, 2023

ETFs holding 2245.HK

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

iShares Core MSCI Emerging Markets ETF logoiShares Core MSCI Emerging Markets ETFIEMG
Market value
1.78M
Weight
0.00%
AUM
160B USD
Expense ratio
0.09%
Price / 1D
$81.57+0.64%
ALPS Funds CoreCommodity Natural Resources ETF logoALPS Funds CoreCommodity Natural Resources ETFCCNR
Market value
1.58M
Weight
0.34%
AUM
471.92M USD
Expense ratio
0.39%
Price / 1D
$42.2988+1.70%
iShares MSCI Global Metals & Mining Producers ETF logoiShares MSCI Global Metals & Mining Producers ETFPICK
Market value
450.73K
Weight
0.02%
AUM
2.42B USD
Expense ratio
0.39%
Price / 1D
$65.70+3.37%
Avantis Emerging Markets Equity ETF logoAvantis Emerging Markets Equity ETFAVEM
Market value
279.12K
Weight
—
AUM
27.89B USD
Expense ratio
0.33%
Price / 1D
$94.24+0.75%
Dimensional World ex U.S. Core Equity 2 ETF logoDimensional World ex U.S. Core Equity 2 ETFDFAX
Market value
256.09K
Weight
0.00%
AUM
12.57B USD
Expense ratio
0.28%
Price / 1D
$38.16+0.82%
VanEck Indonesia Index ETF logoVanEck Indonesia Index ETFIDX
Market value
176.92K
Weight
0.48%
AUM
37.57M USD
Expense ratio
0.57%
Price / 1D
$11.64+1.66%
Dimensional - Emerging Core Equity Market ETF logoDimensional - Emerging Core Equity Market ETFDFAE
Market value
170.58K
Weight
0.00%
AUM
10B USD
Expense ratio
0.29%
Price / 1D
$39.49+0.51%
Dimensional - Emerging Markets Core Equity 2 ETF logoDimensional - Emerging Markets Core Equity 2 ETFDFEM
Market value
146.95K
Weight
0.00%
AUM
9.49B USD
Expense ratio
0.39%
Price / 1D
$39.93+0.50%

Continue in GoAI

Research 2245.HK

research.disclaimer