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XXF Group Holdings Ltd logo

XXF Group Holdings Ltd

2473.HK

HKSEFinancial ServicesFinancial - Credit Services

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Latest quote

HK$0.435

−HK$0.005 · -1.14%

Aug 24, 3:25 PM HKT

2473.HK company overview

Regular session · HKT · Market data may be delayed.

Company profile

Company website

XXF Group Holdings Ltd. functions as an automotive retailer within the People's Republic of China, predominantly delivering vehicle finance leasing solutions through its proprietary sales network. The company's services encompass direct finance leases for non-luxury automobiles, along with operational leasing options and various other car-related support. Furthermore, it supplies information technology and insurance brokerage services. Founded in 2007, XXF Group is headquartered in Fuzhou, China.

Industry
Financial - Credit Services
Sector
Financial Services
Headquarters
CN
CEO
Wei Huang
Listed since
Nov 9, 2023
Employees
1,273

Market position

Day range

Current HK$0.435

52-week range

Current HK$0.435

Open
HK$0.435
Previous close
HK$0.44
Volume
46.19M
0.3× average
Average volume
155.37M
Average daily volume
Market cap
807.47M HKD
Beta
-1.77
Market reference 1
50-day average
HK$0.5444
-20.10% below average
200-day average
HK$3.3452
-87.00% below average

Financials

Financial snapshot

Latest / TTM

Valuation & yield

Enterprise value
13.53B CNY
P/E (TTM)
14.66×
P/B (TTM)
0.54×
P/S (TTM)
0.41×
EV / EBITDA
36.51×
Earnings yield
0.41%
Free cash flow yield
-4.78%
Dividend yield
0.00%

Profitability & efficiency

Gross margin
26.72%
Operating margin
12.63%
Net margin
2.41%
Return on equity
5.25%
Return on assets
1.20%
Return on invested capital
4.88%

Financial health

Debt / equity
2.3×
Current ratio
1.23×
Altman Z-score
1.45
Piotroski F-score
4 of 9

Financial statements

Margin trends

Profitability as a percentage of reported revenue.

Gross marginOperating marginNet margin
Gross, operating, and net margin trends47%31%15%-1%Gross margin, FY2021: 37.57%Gross margin, FY2022: 42.60%Gross margin, FY2023: 40.24%Gross margin, FY2024: 36.27%Gross margin, FY2025: 29.85%Operating margin, FY2021: 17.17%Operating margin, FY2022: 26.71%Operating margin, FY2023: 28.84%Operating margin, FY2024: 18.20%Operating margin, FY2025: 14.79%Net margin, FY2021: 3.64%Net margin, FY2022: 8.98%Net margin, FY2023: 10.91%Net margin, FY2024: 3.43%Net margin, FY2025: 2.95%FY2021FY2022FY2023FY2024FY2025
Gross margin FY2021 37.57%. Gross margin FY2022 42.60%. Gross margin FY2023 40.24%. Gross margin FY2024 36.27%. Gross margin FY2025 29.85%. Operating margin FY2021 17.17%. Operating margin FY2022 26.71%. Operating margin FY2023 28.84%. Operating margin FY2024 18.20%. Operating margin FY2025 14.79%. Net margin FY2021 3.64%. Net margin FY2022 8.98%. Net margin FY2023 10.91%. Net margin FY2024 3.43%. Net margin FY2025 2.95%.

Income trends

Revenue

1.55B CNY+33.20%

Operating income

229.61M CNY+8.22%

Net income

45.86M CNY+14.72%
Income trends across reported periods1.7B CNY1.1B CNY489.66M CNY−117.74M CNYRevenue, FY2021: 936.7M CNYRevenue, FY2022: 879.03M CNYRevenue, FY2023: 1.01B CNYRevenue, FY2024: 1.17B CNYRevenue, FY2025: 1.55B CNYOperating income, FY2021: 160.83M CNYOperating income, FY2022: 234.79M CNYOperating income, FY2023: 291.34M CNYOperating income, FY2024: 212.18M CNYOperating income, FY2025: 229.61M CNYNet income, FY2021: 34.11M CNYNet income, FY2022: 78.91M CNYNet income, FY2023: 110.25M CNYNet income, FY2024: 39.97M CNYNet income, FY2025: 45.86M CNYFY2021FY2022FY2023FY2024FY2025
Revenue FY2021 936.7M CNY. Revenue FY2022 879.03M CNY. Revenue FY2023 1.01B CNY. Revenue FY2024 1.17B CNY. Revenue FY2025 1.55B CNY. Operating income FY2021 160.83M CNY. Operating income FY2022 234.79M CNY. Operating income FY2023 291.34M CNY. Operating income FY2024 212.18M CNY. Operating income FY2025 229.61M CNY. Net income FY2021 34.11M CNY. Net income FY2022 78.91M CNY. Net income FY2023 110.25M CNY. Net income FY2024 39.97M CNY. Net income FY2025 45.86M CNY.
Metric (CNY)FY2025FY2024FY2023FY2022FY2021
Revenue1.55B CNY1.17B CNY1.01B CNY879.03M CNY936.7M CNY
Cost of goods sold1.09B CNY742.9M CNY603.7M CNY504.58M CNY584.76M CNY
Gross profit463.41M CNY422.72M CNY406.43M CNY374.45M CNY351.94M CNY
Research and development10.84M CNY11.52M CNY11.95M CNY13.35M CNY13.87M CNY
Selling, general, and administrative237.55M CNY220.23M CNY223.9M CNY201.12M CNY185.23M CNY
Operating expenses233.8M CNY210.55M CNY115.08M CNY139.66M CNY191.11M CNY
Interest income1.69M CNY1.58M CNY1.64M CNY973K CNY1.33M CNY
Interest expense168.19M CNY160.39M CNY163.14M CNY143.99M CNY119.83M CNY
Depreciation and amortization135.19M CNY125.15M CNY107.81M CNY91.33M CNY95.46M CNY
Operating income229.61M CNY212.18M CNY291.34M CNY234.79M CNY160.83M CNY
Net income45.86M CNY39.97M CNY110.25M CNY78.91M CNY34.11M CNY

Company facts updated Aug 24, 2026.

Corporate actions

Corporate action history

Stock split

Effective Dec 5, 2024

3:1

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ETFs holding 2473.HK

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

Vanguard FTSE Emerging Markets ETF logoVanguard FTSE Emerging Markets ETFVWO
Market value
1.09M
Weight
0.00%
AUM
162.3B USD
Expense ratio
0.06%
Price / 1D
$60.45+0.72%
Vanguard Total International Stock ETF logoVanguard Total International Stock ETFVXUS
Market value
1.09M
Weight
0.00%
AUM
646.2B USD
Expense ratio
0.05%
Price / 1D
$87.71+0.78%
Vanguard FTSE All-World ex-US Small-Cap ETF logoVanguard FTSE All-World ex-US Small-Cap ETFVSS
Market value
449.72K
Weight
0.00%
AUM
13.6B USD
Expense ratio
0.06%
Price / 1D
$160.06+0.43%
Vanguard Total World Stock ETF logoVanguard Total World Stock ETFVT
Market value
40.26K
Weight
0.00%
AUM
97.9B USD
Expense ratio
0.06%
Price / 1D
$160.77+0.53%
State Street SPDR S&P Emerging Markets Small Cap ETF logoState Street SPDR S&P Emerging Markets Small Cap ETFEWX
Market value
32.17K
Weight
0.00%
AUM
685.65M USD
Expense ratio
0.65%
Price / 1D
$72.22+0.25%
WisdomTree China ex-State-Owned Enterprises Fund logoWisdomTree China ex-State-Owned Enterprises FundCXSE
Market value
27.04K
Weight
0.01%
AUM
498.55M USD
Expense ratio
0.32%
Price / 1D
$38.6037+0.56%
State Street SPDR S&P China ETF logoState Street SPDR S&P China ETFGXC
Market value
18.58K
Weight
0.00%
AUM
474.65M USD
Expense ratio
0.59%
Price / 1D
$91.50+0.51%
Vanguard ESG International Stock ETF logoVanguard ESG International Stock ETFVSGX
Market value
10.54K
Weight
0.00%
AUM
6.5B USD
Expense ratio
0.10%
Price / 1D
$83.52+0.87%

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