GoAI
Get started
Hunlicar Group Limited logo

Hunlicar Group Limited

3638.HK

HKSETechnologyTechnology Distributors

Open in GoAI

Latest quote

HK$4.80

−HK$0.45 · -8.57%

Aug 24, 11:35 AM HKT

3638.HK company overview

Regular session · HKT · Market data may be delayed.

Company profile

Company website

Hunlicar Group Limited, an investment holding company, engages in the computer and electronic products trading business in Hong Kong and the People's Republic of China. It operates through three segments: Computer and Electronic Products Trading Business; Food Trading Business; and Financial Services Business. The company provides computer and peripheral products; and engages in assembling and trading of electronic components and products. It also offers seafood, meat, poultry, and beverages products. In addition, the company offers financial services business including securities brokerage business, advisory services business, and money lending services; and property holding businesses. The company was formerly known as Huabang Technology Holdings Limited and changed its name to Hunlicar Group Limited in October 2024. The company was founded in 2005 and is headquartered in Kowloon Bay, Hong Kong.

Industry
Technology Distributors
Sector
Technology
Headquarters
HK
CEO
Wing Sum Chan
Listed since
Sep 9, 2013
Employees
108

Market position

Day range

Current HK$4.80

52-week range

Current HK$4.80

Open
HK$5.25
Previous close
HK$5.25
Volume
44K
0.39× average
Average volume
112.25K
Average daily volume
Market cap
369.06M HKD
Beta
0.38
Market reference 1
50-day average
HK$7.5164
-36.14% below average
200-day average
HK$10.3646
-53.69% below average

Financials

Financial snapshot

Latest / TTM

Valuation & yield

Enterprise value
559.4M HKD
EV / EBITDA
1,902.72×
Earnings yield
3.98%
Free cash flow yield
19.42%

Profitability & efficiency

Return on equity
13.08%
Return on assets
4.20%
Return on invested capital
-2.39%

Financial health

Current ratio
1.44×

Financial statements

Margin trends

Profitability as a percentage of reported revenue.

Gross marginOperating marginNet margin
Gross, operating, and net margin trends48%19%-10%-39%Gross margin, FY2021: -12.16%Gross margin, FY2022: -11.79%Gross margin, FY2023: 3.98%Gross margin, FY2024: 40.90%Gross margin, FY2025: 38.73%Operating margin, FY2021: -14.47%Operating margin, FY2022: -20.16%Operating margin, FY2023: 6.39%Operating margin, FY2024: -26.35%Operating margin, FY2025: -3.67%Net margin, FY2021: -14.16%Net margin, FY2022: -27.95%Net margin, FY2023: 4.13%Net margin, FY2024: -31.84%Net margin, FY2025: 12.31%FY2021FY2022FY2023FY2024FY2025
Gross margin FY2021 -12.16%. Gross margin FY2022 -11.79%. Gross margin FY2023 3.98%. Gross margin FY2024 40.90%. Gross margin FY2025 38.73%. Operating margin FY2021 -14.47%. Operating margin FY2022 -20.16%. Operating margin FY2023 6.39%. Operating margin FY2024 -26.35%. Operating margin FY2025 -3.67%. Net margin FY2021 -14.16%. Net margin FY2022 -27.95%. Net margin FY2023 4.13%. Net margin FY2024 -31.84%. Net margin FY2025 12.31%.

Income trends

Revenue

228.83M HKD-4.25%

Operating income

−8.39M HKD+86.68%

Net income

28.17M HKD+104.26M HKD
Income trends across reported periods1.9B HKD1.12B HKD338.29M HKD−441.28M HKDRevenue, FY2021: 1.7B HKDRevenue, FY2022: 456.57M HKDRevenue, FY2023: 357.11M HKDRevenue, FY2024: 238.98M HKDRevenue, FY2025: 228.83M HKDOperating income, FY2021: −246.39M HKDOperating income, FY2022: −92.02M HKDOperating income, FY2023: 22.81M HKDOperating income, FY2024: −62.98M HKDOperating income, FY2025: −8.39M HKDNet income, FY2021: −241.02M HKDNet income, FY2022: −127.61M HKDNet income, FY2023: 14.76M HKDNet income, FY2024: −76.09M HKDNet income, FY2025: 28.17M HKDFY2021FY2022FY2023FY2024FY2025
Revenue FY2021 1.7B HKD. Revenue FY2022 456.57M HKD. Revenue FY2023 357.11M HKD. Revenue FY2024 238.98M HKD. Revenue FY2025 228.83M HKD. Operating income FY2021 −246.39M HKD. Operating income FY2022 −92.02M HKD. Operating income FY2023 22.81M HKD. Operating income FY2024 −62.98M HKD. Operating income FY2025 −8.39M HKD. Net income FY2021 −241.02M HKD. Net income FY2022 −127.61M HKD. Net income FY2023 14.76M HKD. Net income FY2024 −76.09M HKD. Net income FY2025 28.17M HKD.
Metric (HKD)FY2025FY2024FY2023FY2022FY2021
Revenue228.83M HKD238.98M HKD357.11M HKD456.57M HKD1.7B HKD
Cost of goods sold140.19M HKD141.23M HKD342.91M HKD510.41M HKD1.91B HKD
Gross profit88.64M HKD97.75M HKD14.2M HKD−53.84M HKD−207.02M HKD
Selling, general, and administrative97.02M HKD102.95M HKD48.4M HKD38.43M HKD39.93M HKD
Operating expenses97.02M HKD160.73M HKD−8.6M HKD47.19M HKD46.53M HKD
Interest income3.73M HKD1.78M HKD410K HKD33K HKD137K HKD
Interest expense8.44M HKD9.14M HKD11.67M HKD8.66M HKD6.19M HKD
Depreciation and amortization8.68M HKD14.07M HKD15.89M HKD11.39M HKD11.07M HKD
Operating income−8.39M HKD−62.98M HKD22.81M HKD−92.02M HKD−246.39M HKD
Net income28.17M HKD−76.09M HKD14.76M HKD−127.61M HKD−241.02M HKD

Company facts updated Aug 24, 2026.

Earnings

Latest EPS result
-1

EPS: actual versus estimate

Recent quarterly results

ActualEstimate
Estimates unavailable
Quarterly EPS actual values compared with estimates0.15-0.26-0.67-1.08Q3 '21Q1 '22Q4 '22Q2 '23Q4 '23Q2 '24Q4 '24Q1 '25
Q3 2021, reported Sep 30, 2021: actual -0.136, estimate —, surprise —, Comparison unavailable. Q1 2022, reported Mar 31, 2022: actual -0.377, estimate —, surprise —, Comparison unavailable. Q4 2022, reported Nov 25, 2022: actual -0.135, estimate —, surprise —, Comparison unavailable. Q2 2023, reported Jun 21, 2023: actual -0.105, estimate —, surprise —, Comparison unavailable. Q4 2023, reported Dec 1, 2023: actual -0.054, estimate —, surprise —, Comparison unavailable. Q2 2024, reported Jun 24, 2024: actual 0.063, estimate —, surprise —, Comparison unavailable. Q4 2024, reported Nov 25, 2024: actual 0.014, estimate —, surprise —, Comparison unavailable. Q1 2025, reported Mar 31, 2025: actual -0.998, estimate —, surprise —, Comparison unavailable.

Revenue: actual versus estimate

Recent quarterly results

ActualEstimate
Estimates unavailable
Quarterly Revenue actual values compared with estimates1.34B910.53M484.68M58.83MQ3 '21Q1 '22Q4 '22Q2 '23Q4 '23Q2 '24Q4 '24Q1 '25
Q3 2021, reported Sep 30, 2021: actual 1.24B HKD, estimate —, surprise —, Comparison unavailable. Q1 2022, reported Mar 31, 2022: actual 460.03M HKD, estimate —, surprise —, Comparison unavailable. Q4 2022, reported Nov 25, 2022: actual 125.88M HKD, estimate —, surprise —, Comparison unavailable. Q2 2023, reported Jun 21, 2023: actual 330.68M HKD, estimate —, surprise —, Comparison unavailable. Q4 2023, reported Dec 1, 2023: actual 197.32M HKD, estimate —, surprise —, Comparison unavailable. Q2 2024, reported Jun 24, 2024: actual 159.79M HKD, estimate —, surprise —, Comparison unavailable. Q4 2024, reported Nov 25, 2024: actual 169.76M HKD, estimate —, surprise —, Comparison unavailable. Q1 2025, reported Mar 31, 2025: actual 69.21M HKD, estimate —, surprise —, Comparison unavailable.

3638.HK peers

Xiaomi Corporation logo

1810.HK

Xiaomi Corporation

HK$27.82

-4.14%

Semiconductor Manufacturing International Corporation logo

0981.HK

Semiconductor Manufacturing International Corporation

HK$67.65

-6.69%

Xiaomi Corporation logo

81810.HK

Xiaomi Corporation

CN¥24.02

-3.30%

NetEase, Inc. logo

9999.HK

NetEase, Inc.

HK$193.5

-4.21%

Z.AI Co. Ltd. logo

2513.HK

Z.AI Co. Ltd.

HK$1,034

-8.41%

Gigadevice logo

3986.HK

Gigadevice

HK$472.4

-6.08%

Continue in GoAI

Research 3638.HK

research.disclaimer