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Lianlian DigiTech Co Ltd logo

Lianlian DigiTech Co Ltd

2598.HK

HKSETechnologySoftware - Infrastructure

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Latest quote

HK$4.045

−HK$0.075 · -1.83%

Aug 24, 11:00 AM HKT

2598.HK company overview

Regular session · HKT · Market data may be delayed.

Company profile

Company website

Lianlian DigiTech Co., Ltd., along with its affiliated entities, delivers a comprehensive suite of digital payment and value-added services to businesses and commercial clients throughout China. The company's diverse offerings also extend to property leasing and management, microfinance, and factoring solutions. Furthermore, it provides digital marketing, operational assistance, referral services, e-wallet functionalities, software engineering, and general information technology support. Founded in 2009, Lianlian DigiTech operates from its headquarters in Hangzhou, China.

Industry
Software - Infrastructure
Sector
Technology
Headquarters
CN
CEO
Zhengyu Zhang
Listed since
Mar 28, 2024
Employees
998

Market position

Volume
2.45M
1.96× average
Average volume
1.25M
Average daily volume
Market cap
6.24B HKD
Beta
1.23
Market reference 1

Financials

Financial snapshot

Latest / TTM

Valuation & yield

Enterprise value
-14.6B CNY
EV / EBITDA
-7.03×
Earnings yield
25.54%
Free cash flow yield
1.33%

Profitability & efficiency

Return on equity
52.69%
Return on assets
7.06%
Return on invested capital
-0.70%

Financial health

Current ratio
630.11×

Financial statements

Margin trends

Profitability as a percentage of reported revenue.

Gross marginOperating marginNet margin
Gross, operating, and net margin trends105%22%-61%-144%Gross margin, FY2021: 69.02%Gross margin, FY2022: 62.74%Gross margin, FY2023: 56.15%Gross margin, FY2024: 51.90%Gross margin, FY2025: 52.93%Operating margin, FY2021: -10.20%Operating margin, FY2022: -13.44%Operating margin, FY2023: 2.28%Operating margin, FY2024: -20.37%Operating margin, FY2025: -10.48%Net margin, FY2021: -115.99%Net margin, FY2022: -123.40%Net margin, FY2023: -63.80%Net margin, FY2024: -12.79%Net margin, FY2025: 84.03%FY2021FY2022FY2023FY2024FY2025
Gross margin FY2021 69.02%. Gross margin FY2022 62.74%. Gross margin FY2023 56.15%. Gross margin FY2024 51.90%. Gross margin FY2025 52.93%. Operating margin FY2021 -10.20%. Operating margin FY2022 -13.44%. Operating margin FY2023 2.28%. Operating margin FY2024 -20.37%. Operating margin FY2025 -10.48%. Net margin FY2021 -115.99%. Net margin FY2022 -123.40%. Net margin FY2023 -63.80%. Net margin FY2024 -12.79%. Net margin FY2025 84.03%.

Income trends

Revenue

1.93B CNY+46.68%

Operating income

−202.07M CNY+24.55%

Net income

1.62B CNY+1.79B CNY
Income trends across reported periods2.21B CNY1.08B CNY−62.93M CNY−1.2B CNYRevenue, FY2021: 643.64M CNYRevenue, FY2022: 742.75M CNYRevenue, FY2023: 1.03B CNYRevenue, FY2024: 1.31B CNYRevenue, FY2025: 1.93B CNYOperating income, FY2021: −65.62M CNYOperating income, FY2022: −99.86M CNYOperating income, FY2023: 23.46M CNYOperating income, FY2024: −267.82M CNYOperating income, FY2025: −202.07M CNYNet income, FY2021: −746.59M CNYNet income, FY2022: −916.54M CNYNet income, FY2023: −656.06M CNYNet income, FY2024: −168.22M CNYNet income, FY2025: 1.62B CNYFY2021FY2022FY2023FY2024FY2025
Revenue FY2021 643.64M CNY. Revenue FY2022 742.75M CNY. Revenue FY2023 1.03B CNY. Revenue FY2024 1.31B CNY. Revenue FY2025 1.93B CNY. Operating income FY2021 −65.62M CNY. Operating income FY2022 −99.86M CNY. Operating income FY2023 23.46M CNY. Operating income FY2024 −267.82M CNY. Operating income FY2025 −202.07M CNY. Net income FY2021 −746.59M CNY. Net income FY2022 −916.54M CNY. Net income FY2023 −656.06M CNY. Net income FY2024 −168.22M CNY. Net income FY2025 1.62B CNY.
Metric (CNY)FY2025FY2024FY2023FY2022FY2021
Revenue1.93B CNY1.31B CNY1.03B CNY742.75M CNY643.64M CNY
Cost of goods sold907.88M CNY632.44M CNY450.9M CNY276.78M CNY199.42M CNY
Gross profit1.02B CNY682.52M CNY577.35M CNY465.97M CNY444.23M CNY
Research and development360.59M CNY319.06M CNY268.17M CNY210.4M CNY174.24M CNY
Selling, general, and administrative894.55M CNY809.15M CNY657.8M CNY383.81M CNY149.65M CNY
Operating expenses1.22B CNY950.34M CNY553.9M CNY565.83M CNY504.87M CNY
Interest income301.68M CNY214.77M CNY107.09M CNY34.72M CNY37.31M CNY
Interest expense12.61M CNY19.72M CNY12.8M CNY4.18M CNY977K CNY
Depreciation and amortization34.9M CNY21.88M CNY31.57M CNY17.98M CNY16.34M CNY
Operating income−202.07M CNY−267.82M CNY23.46M CNY−99.86M CNY−65.62M CNY
Net income1.62B CNY−168.22M CNY−656.06M CNY−916.54M CNY−746.59M CNY

Company facts updated Aug 24, 2026.

Earnings

EPS beat rate
100%
3 beats, 0 misses, 0 met estimates
Average EPS surprise
+141.80%
3 comparable reports
Latest EPS result
0.01
Estimate -0.22 · Beat by 105.22%

EPS: actual versus estimate

Recent quarterly results

ActualEstimate
Quarterly EPS actual values compared with estimates1.670.940.21-0.52Q3 '23No estimateQ2 '24No estimateQ3 '24No estimateQ1 '25BeatQ3 '25No estimateQ1 '26BeatQ2 '26EstimateQ3 '26Beat
Q3 2023, reported Sep 30, 2023: actual -0.238, estimate —, surprise —, Comparison unavailable. Q2 2024, reported Apr 25, 2024: actual -0.184, estimate —, surprise —, Comparison unavailable. Q3 2024, reported Aug 20, 2024: actual -0.365, estimate —, surprise —, Comparison unavailable. Q1 2025, reported Mar 18, 2025: actual 0.09, estimate -0.192, surprise +147.09%, Beat. Q3 2025, reported Aug 26, 2025: actual 1.52, estimate —, surprise —, Comparison unavailable. Q1 2026, reported Mar 26, 2026: actual 0.156, estimate -0.213, surprise +173.10%, Beat. Q2 2026, reported Apr 23, 2026: actual —, estimate -0.221, surprise —, Comparison unavailable. Q3 2026, reported Aug 20, 2026: actual 0.012, estimate -0.221, surprise +105.22%, Beat.

Revenue: actual versus estimate

Recent quarterly results

ActualEstimate
Quarterly Revenue actual values compared with estimates1.12B835.05M552.5M269.95MQ3 '23No estimateQ2 '24No estimateQ3 '24No estimateQ1 '25MissQ3 '25No estimateQ1 '26BeatQ2 '26EstimateQ3 '26Beat
Q3 2023, reported Sep 30, 2023: actual 317.59M HKD, estimate —, surprise —, Comparison unavailable. Q2 2024, reported Apr 25, 2024: actual 333.98M HKD, estimate —, surprise —, Comparison unavailable. Q3 2024, reported Aug 20, 2024: actual 663.34M HKD, estimate —, surprise —, Comparison unavailable. Q1 2025, reported Mar 18, 2025: actual 371.04M HKD, estimate 748.24M HKD, surprise -50.41%, Miss. Q3 2025, reported Aug 26, 2025: actual 857.7M HKD, estimate —, surprise —, Comparison unavailable. Q1 2026, reported Mar 26, 2026: actual 1.06B HKD, estimate 832.41M HKD, surprise +27.14%, Beat. Q2 2026, reported Apr 23, 2026: actual —, estimate 864.21M HKD, surprise —, Comparison unavailable. Q3 2026, reported Aug 20, 2026: actual 1.01B HKD, estimate 864.21M HKD, surprise +16.93%, Beat.

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ETFs holding 2598.HK

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

Avantis Emerging Markets Equity ETF logoAvantis Emerging Markets Equity ETFAVEM
Market value
177.04K
Weight
—
AUM
27.89B USD
Expense ratio
0.33%
Price / 1D
$94.24+0.75%
State Street SPDR S&P Emerging Markets Small Cap ETF logoState Street SPDR S&P Emerging Markets Small Cap ETFEWX
Market value
107.33K
Weight
0.02%
AUM
685.65M USD
Expense ratio
0.65%
Price / 1D
$72.22+0.25%
Dimensional - Emerging Markets Core Equity 2 ETF logoDimensional - Emerging Markets Core Equity 2 ETFDFEM
Market value
93.13K
Weight
0.00%
AUM
9.49B USD
Expense ratio
0.39%
Price / 1D
$39.93+0.50%
Global X - FinTech ETF logoGlobal X - FinTech ETFFINX
Market value
73.68K
Weight
0.04%
AUM
178.05M USD
Expense ratio
0.68%
Price / 1D
$27.5531+2.75%
State Street SPDR Portfolio MSCI Global Stock Market ETF logoState Street SPDR Portfolio MSCI Global Stock Market ETFSPGM
Market value
59.93K
Weight
0.00%
AUM
1.74B USD
Expense ratio
0.09%
Price / 1D
$87.80+0.55%
iShares MSCI China Small-Cap ETF logoiShares MSCI China Small-Cap ETFECNS
Market value
55.35K
Weight
0.08%
AUM
66.48M USD
Expense ratio
0.59%
Price / 1D
$29.37+0.89%
Avantis Emerging Markets Value ETF logoAvantis Emerging Markets Value ETFAVES
Market value
31.99K
Weight
—
AUM
1.5B USD
Expense ratio
0.36%
Price / 1D
$65.16+0.51%
Dimensional World ex U.S. Core Equity 2 ETF logoDimensional World ex U.S. Core Equity 2 ETFDFAX
Market value
25.27K
Weight
0.00%
AUM
12.57B USD
Expense ratio
0.28%
Price / 1D
$38.16+0.82%

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