Modern Innovative Digital Technology Company Limited logo

Modern Innovative Digital Technology Company Limited

2322.HK

HKSEIndustrialsMarine Shipping

Latest quote

HK$0.067

−HK$0.002 · -2.90%

Aug 24, 11:21 AM HKT

2322.HK company overview

Regular session · HKT · Market data may be delayed.

Company profile

Company website

Established in 2002 and headquartered in Wan Chai, Hong Kong, Hong Kong ChaoShang Group Limited operates as an investment holding company, conducting a range of business activities across the People's Republic of China and Hong Kong. The company's diverse operations are structured into several segments, including trading, money lending and factoring, finance leasing, and various financial services. Its trading division deals in products such as electronic goods, seafood, frozen food, methanol, and mould. Financial offerings extend to factoring, entrusted loans, finance leasing, and sale-leaseback services. Additionally, the group provides a comprehensive suite of financial solutions, encompassing consultancy, securities brokerage, underwriting, placing, margin financing, and asset management. The firm was formerly recognized as Noble Century Investment Holdings Limited, adopting its current name in August 2019.

Industry
Marine Shipping
Sector
Industrials
Headquarters
HK
CEO
Juhua Zheng
Listed since
Apr 9, 2003
Employees
50

Market position

Day range

Current HK$0.067

52-week range

Current HK$0.067

Open
HK$0.069
Previous close
HK$0.069
Volume
1.45M
0.32× average
Average volume
4.55M
Average daily volume
Market cap
296.18M HKD
Beta
0.16
Market reference 1
50-day average
HK$0.0795
-15.68% below average
200-day average
HK$0.0994
-32.62% below average

Financials

Financial snapshot

Latest / TTM

Valuation & yield

Enterprise value
328.14M HKD
EV / EBITDA
-1.36×
Earnings yield
-70.49%
Free cash flow yield
-11.00%

Profitability & efficiency

Return on equity
-59.85%
Return on assets
-53.83%
Return on invested capital
-56.02%

Financial health

Current ratio
9.15×

Financial statements

Margin trends

Profitability as a percentage of reported revenue.

Gross marginOperating marginNet margin
Gross, operating, and net margin trends91%-156%-403%-650%Gross margin, FY2021: 25.46%Gross margin, FY2022: 16.52%Gross margin, FY2023: 22.54%Gross margin, FY2024: 27.83%Gross margin, FY2025: 28.91%Operating margin, FY2021: -11.05%Operating margin, FY2022: -17.99%Operating margin, FY2023: -60.43%Operating margin, FY2024: -113.34%Operating margin, FY2025: -567.29%Net margin, FY2021: -15.85%Net margin, FY2022: -20.99%Net margin, FY2023: -60.32%Net margin, FY2024: -120.70%Net margin, FY2025: -588.32%FY2021FY2022FY2023FY2024FY2025
Gross margin FY2021 25.46%. Gross margin FY2022 16.52%. Gross margin FY2023 22.54%. Gross margin FY2024 27.83%. Gross margin FY2025 28.91%. Operating margin FY2021 -11.05%. Operating margin FY2022 -17.99%. Operating margin FY2023 -60.43%. Operating margin FY2024 -113.34%. Operating margin FY2025 -567.29%. Net margin FY2021 -15.85%. Net margin FY2022 -20.99%. Net margin FY2023 -60.32%. Net margin FY2024 -120.70%. Net margin FY2025 -588.32%.

Income trends

Revenue

43.9M HKD-40.43%

Operating income

−249.06M HKD-198.15%

Net income

−258.3M HKD-190.34%
Income trends across reported periods244.65M HKD61.76M HKD−121.13M HKD−304.02M HKDRevenue, FY2021: 169.39M HKDRevenue, FY2022: 198.92M HKDRevenue, FY2023: 144.95M HKDRevenue, FY2024: 73.71M HKDRevenue, FY2025: 43.9M HKDOperating income, FY2021: −18.72M HKDOperating income, FY2022: −35.79M HKDOperating income, FY2023: −87.59M HKDOperating income, FY2024: −83.54M HKDOperating income, FY2025: −249.06M HKDNet income, FY2021: −26.84M HKDNet income, FY2022: −41.75M HKDNet income, FY2023: −87.43M HKDNet income, FY2024: −88.96M HKDNet income, FY2025: −258.3M HKDFY2021FY2022FY2023FY2024FY2025
Revenue FY2021 169.39M HKD. Revenue FY2022 198.92M HKD. Revenue FY2023 144.95M HKD. Revenue FY2024 73.71M HKD. Revenue FY2025 43.9M HKD. Operating income FY2021 −18.72M HKD. Operating income FY2022 −35.79M HKD. Operating income FY2023 −87.59M HKD. Operating income FY2024 −83.54M HKD. Operating income FY2025 −249.06M HKD. Net income FY2021 −26.84M HKD. Net income FY2022 −41.75M HKD. Net income FY2023 −87.43M HKD. Net income FY2024 −88.96M HKD. Net income FY2025 −258.3M HKD.
Metric (HKD)FY2025FY2024FY2023FY2022FY2021
Revenue43.9M HKD73.71M HKD144.95M HKD198.92M HKD169.39M HKD
Cost of goods sold31.21M HKD53.2M HKD112.28M HKD166.06M HKD126.26M HKD
Gross profit12.69M HKD20.51M HKD32.67M HKD32.87M HKD43.13M HKD
Selling, general, and administrative250.59M HKD62.12M HKD82.96M HKD72.79M HKD74.54M HKD
Operating expenses261.76M HKD104.05M HKD120.26M HKD68.65M HKD61.85M HKD
Interest income286K HKD896K HKD886K HKD1.72M HKD2.76M HKD
Interest expense732K HKD281K HKD793K HKD2.16M HKD2.02M HKD
Depreciation and amortization7.34M HKD10.35M HKD13.1M HKD13.65M HKD17.61M HKD
Operating income−249.06M HKD−83.54M HKD−87.59M HKD−35.79M HKD−18.72M HKD
Net income−258.3M HKD−88.96M HKD−87.43M HKD−41.75M HKD−26.84M HKD

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 estimates0.040.01-0.03-0.06Q1 '21Q3 '21Q1 '22Q4 '22Q2 '23Q4 '23Q2 '24Q4 '24
Q1 2021, reported Mar 31, 2021: actual -0.002, estimate —, surprise —, Comparison unavailable. Q3 2021, reported Sep 30, 2021: actual -0.004, estimate —, surprise —, Comparison unavailable. Q1 2022, reported Mar 31, 2022: actual -0.002, estimate —, surprise —, Comparison unavailable. Q4 2022, reported Nov 29, 2022: actual -0.004, estimate —, surprise —, Comparison unavailable. Q2 2023, reported Jun 30, 2023: actual -0.006, estimate —, surprise —, Comparison unavailable. Q4 2023, reported Dec 1, 2023: actual 0.001, estimate —, surprise —, Comparison unavailable. Q2 2024, reported Jun 29, 2024: actual -0.022, estimate —, surprise —, Comparison unavailable. Q4 2024, reported Nov 29, 2024: actual -0.007, estimate —, surprise —, Comparison unavailable.

Revenue: actual versus estimate

Recent quarterly results

ActualEstimate
Estimates unavailable
Quarterly Revenue actual values compared with estimates160.63M117.19M73.74M30.3MQ1 '21Q3 '21Q1 '22Q4 '22Q2 '23Q4 '23Q2 '24Q4 '24
Q1 2021, reported Mar 31, 2021: actual 151.38M HKD, estimate —, surprise —, Comparison unavailable. Q3 2021, reported Sep 30, 2021: actual 90.5M HKD, estimate —, surprise —, Comparison unavailable. Q1 2022, reported Mar 31, 2022: actual 78.89M HKD, estimate —, surprise —, Comparison unavailable. Q4 2022, reported Nov 29, 2022: actual 138.36M HKD, estimate —, surprise —, Comparison unavailable. Q2 2023, reported Jun 30, 2023: actual 60.57M HKD, estimate —, surprise —, Comparison unavailable. Q4 2023, reported Dec 1, 2023: actual 88M HKD, estimate —, surprise —, Comparison unavailable. Q2 2024, reported Jun 29, 2024: actual 56.95M HKD, estimate —, surprise —, Comparison unavailable. Q4 2024, reported Nov 29, 2024: actual 35.64M HKD, estimate —, surprise —, Comparison unavailable.

Corporate actions

Corporate action history

Stock split

Effective Sep 6, 2016

5:1

Stock split

Effective Jan 7, 2015

1:10

Stock split

Effective Mar 7, 2014

3:1

Stock split

Effective Sep 17, 2012

1:5

Stock split

Effective Dec 11, 2007

10:1

2322.HK peers

ETFs holding 2322.HK

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

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