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Mininglamp-w

2718.HK

HKSETechnologySoftware - Infrastructure

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Latest quote

HK$35.96

−HK$4.86 · -11.91%

Aug 24, 4:08 PM HKT

2718.HK company overview

Regular session · HKT · Market data may be delayed.

Company profile

Company website

Mininglamp Technology, an investment holding company headquartered in Ziyang, China, delivers specialized services in marketing intelligence, operational intelligence, and custom industry solutions. The company's marketing intelligence offerings are robust, including the Miaozhen system. This suite features Admonitor for verifying digital advertising performance, Admonitor OOH for outdoor ad measurement, MixReach for optimizing budget allocation across online and offline channels, MoFang Pro for social media insights and monitoring, Mingdata DMP for targeted advertising audience management, Social Grow for comprehensive social media operations, AdEff for AI-driven creative testing and optimization, and CDP & MA for customer experience data management. Beyond marketing, Mininglamp provides various data and AI platforms, such as Jinshuju for daily work data collection, Haoke XM for user experience analysis, Jinshuju AI Exams for AI-powered online assessments, DeepMiner as a business intelligence agent, and Ming, a versatile LLM AI plugin. For operational intelligence, the company offers conversational intelligence to empower sales teams, Lingting hardware for recording in-person sales and service interactions, smart operations solutions like Huifu, Mingdiantong for intelligent construction, and tools for data-driven store management. Supply Chain Management (SCM) services include Mingqi Mall and Mingqi BoH. Other operational tools encompass Ying Shi Yi for boosting brand membership GMV, Mengshiyi for franchise store lifecycle management and as a unified business portal, Weibanzhushou for digital operations management, and Yiban, an enhanced WeChat editor. Mininglamp Technology serves a broad array of sectors, including chain retail, home furnishings, beauty and personal care, fast-moving consumer goods (FMCG), electronics, babycare, medical and aesthetic services, e-commerce, automotive, enterprise services, and restaurant outlets. The company commenced operations in 2006.

Industry
Software - Infrastructure
Sector
Technology
Headquarters
CN
CEO
Minghui Wu
Listed since
Nov 3, 2025
Employees
1,732

Market position

Day range

Current HK$35.96

52-week range

Current HK$35.96

Open
HK$40.44
Previous close
HK$40.82
Volume
3.66M
3.13× average
Average volume
1.17M
Average daily volume
Market cap
6.03B HKD
Beta
-1.23
Market reference 1
50-day average
HK$126.45
-71.56% below average
200-day average
HK$201.87
-82.19% below average

Financials

Financial snapshot

Latest / TTM

Valuation & yield

P/E (TTM)
-0.74×
P/B (TTM)
1.97×
P/S (TTM)
3.9×
Dividend yield
0.00%

Profitability & efficiency

Gross margin
54.80%
Operating margin
-1.82%
Net margin
-453.51%

Financial health

Debt / equity
0.11×

Financial statements

Margin trends

Profitability as a percentage of reported revenue.

Gross marginOperating marginNet margin
Gross, operating, and net margin trends189%-43%-276%-508%Gross margin, FY2021: 49.43%Gross margin, FY2022: 43.59%Gross margin, FY2023: 46.79%Gross margin, FY2024: 49.26%Gross margin, FY2025: 55.38%Operating margin, FY2021: -108.03%Operating margin, FY2022: -75.89%Operating margin, FY2023: -15.43%Operating margin, FY2024: -11.17%Operating margin, FY2025: -1.80%Net margin, FY2021: -237.26%Net margin, FY2022: 130.78%Net margin, FY2023: 21.52%Net margin, FY2024: 0.34%Net margin, FY2025: -449.93%FY2021FY2022FY2023FY2024FY2025
Gross margin FY2021 49.43%. Gross margin FY2022 43.59%. Gross margin FY2023 46.79%. Gross margin FY2024 49.26%. Gross margin FY2025 55.38%. Operating margin FY2021 -108.03%. Operating margin FY2022 -75.89%. Operating margin FY2023 -15.43%. Operating margin FY2024 -11.17%. Operating margin FY2025 -1.80%. Net margin FY2021 -237.26%. Net margin FY2022 130.78%. Net margin FY2023 21.52%. Net margin FY2024 0.34%. Net margin FY2025 -449.93%.

Income trends

Revenue

1.55B HKD+3.24%

Operating income

−27.84M HKD+83.35%

Net income

−6.96B HKD−6.96B HKD
Income trends across reported periods2.82B HKD−735.95M HKD−4.29B HKD−7.85B HKDRevenue, FY2021: 1.26B HKDRevenue, FY2022: 1.48B HKDRevenue, FY2023: 1.62B HKDRevenue, FY2024: 1.5B HKDRevenue, FY2025: 1.55B HKDOperating income, FY2021: −1.36B HKDOperating income, FY2022: −1.12B HKDOperating income, FY2023: −249.34M HKDOperating income, FY2024: −167.25M HKDOperating income, FY2025: −27.84M HKDNet income, FY2021: −2.98B HKDNet income, FY2022: 1.93B HKDNet income, FY2023: 347.59M HKDNet income, FY2024: 5.13M HKDNet income, FY2025: −6.96B HKDFY2021FY2022FY2023FY2024FY2025
Revenue FY2021 1.26B HKD. Revenue FY2022 1.48B HKD. Revenue FY2023 1.62B HKD. Revenue FY2024 1.5B HKD. Revenue FY2025 1.55B HKD. Operating income FY2021 −1.36B HKD. Operating income FY2022 −1.12B HKD. Operating income FY2023 −249.34M HKD. Operating income FY2024 −167.25M HKD. Operating income FY2025 −27.84M HKD. Net income FY2021 −2.98B HKD. Net income FY2022 1.93B HKD. Net income FY2023 347.59M HKD. Net income FY2024 5.13M HKD. Net income FY2025 −6.96B HKD.
Metric (HKD)FY2025FY2024FY2023FY2022FY2021
Revenue1.55B HKD1.5B HKD1.62B HKD1.48B HKD1.26B HKD
Cost of goods sold689.92M HKD759.9M HKD859.67M HKD832.66M HKD635.91M HKD
Gross profit856.36M HKD737.83M HKD755.8M HKD643.34M HKD621.46M HKD
Research and development391.03M HKD372.27M HKD501.5M HKD822.48M HKD1.13B HKD
Selling, general, and administrative493.17M HKD532.81M HKD503.63M HKD940.96M HKD853.55M HKD
Operating expenses884.2M HKD905.08M HKD1.01B HKD1.76B HKD1.98B HKD
Interest income11.09M HKD11.55M HKD7.76M HKD3.76M HKD11.13M HKD
Interest expense8.59M HKD12.69M HKD36.74M HKD40.26M HKD37.9M HKD
Depreciation and amortization49.73M HKD73.83M HKD95.49M HKD265.93M HKD268.4M HKD
Operating income−27.84M HKD−167.25M HKD−249.34M HKD−1.12B HKD−1.36B HKD
Net income−6.96B HKD5.13M HKD347.59M HKD1.93B HKD−2.98B HKD

Company facts updated Aug 24, 2026.

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ETFs holding 2718.HK

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

Global X - Artificial Intelligence & Technology ETF logoGlobal X - Artificial Intelligence & Technology ETFAIQ
Market value
10.79M
Weight
0.10%
AUM
10.26B USD
Expense ratio
0.68%
Price / 1D
$62.21-1.92%
KraneShares FTSE Emerging Markets Consumer Technology Index ETF logoKraneShares FTSE Emerging Markets Consumer Technology Index ETFKEMQ
Market value
41.65K
Weight
0.16%
AUM
26.19M USD
Expense ratio
0.79%
Price / 1D
$25.92930.00%
State Street SPDR S&P China ETF logoState Street SPDR S&P China ETFGXC
Market value
977
Weight
0.00%
AUM
—
Expense ratio
—
Price / 1D
$90.39-1.17%

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