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LFG Investment Holdings Limited logo

LFG Investment Holdings Limited

3938.HK

HKSEFinancial ServicesFinancial - Capital Markets

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Latest quote

HK$3.055

+HK$0.005 · +0.16%

Aug 24, 1:33 PM HKTData delayed

3938.HK company overview

Regular session · HKT · Market data may be delayed.

Company profile

Company website

LFG Investment Holdings Limited, an investment holding company, operates as a financial services provider primarily in Hong Kong. The company offers corporate finance advisory services, including IPO sponsorship, financial and independent financial advisory, and compliance advisory services; securities and financing services, comprising placing and underwriting, securities dealing and brokerage, and security financing services; and margin financing services. It also provides asset management services; and involved in the mutual fund business. LFG Investment Holdings Limited was founded in 2015 and is headquartered in Central, Hong Kong. LFG Investment Holdings Limited is a subsidiary of Lego Financial Group Limited.

Industry
Financial - Capital Markets
Sector
Financial Services
Headquarters
HK
CEO
Cheung Mui
Listed since
Sep 30, 2019
Employees
44

Market position

Day range

Current HK$3.055

52-week range

Current HK$3.055

Open
HK$3.05
Previous close
HK$3.05
Volume
16K
0.14× average
Average volume
113.29K
Average daily volume
Market cap
1.5B HKD
Beta
0.03
Market reference 1
50-day average
HK$3.4537
-11.54% below average
200-day average
HK$2.9631
+3.10% above average

Financials

Financial snapshot

Latest / TTM

Valuation & yield

Enterprise value
1.52B HKD
P/E (TTM)
174.57×
P/B (TTM)
10.43×
P/S (TTM)
22.24×
EV / EBITDA
102.31×
Earnings yield
0.51%
Free cash flow yield
0.70%
Dividend yield
0.00%

Profitability & efficiency

Gross margin
84.24%
Operating margin
14.12%
Net margin
11.96%
Return on equity
5.76%
Return on assets
1.92%
Return on invested capital
2.26%

Financial health

Debt / equity
0.13×
Current ratio
26.69×
Altman Z-score
3.4
Piotroski F-score
3 of 9

Financial statements

Margin trends

Profitability as a percentage of reported revenue.

Gross marginOperating marginNet margin
Gross, operating, and net margin trends124%28%-67%-163%Gross margin, FY2021: 38.20%Gross margin, FY2022: 100.00%Gross margin, FY2023: 42.69%Gross margin, FY2024: -36.16%Gross margin, FY2025: 84.24%Operating margin, FY2021: 24.88%Operating margin, FY2022: -6.61%Operating margin, FY2023: 28.83%Operating margin, FY2024: -67.39%Operating margin, FY2025: 14.12%Net margin, FY2021: -4.22%Net margin, FY2022: -52.97%Net margin, FY2023: -4.23%Net margin, FY2024: -139.04%Net margin, FY2025: 11.96%FY2021FY2022FY2023FY2024FY2025
Gross margin FY2021 38.20%. Gross margin FY2022 100.00%. Gross margin FY2023 42.69%. Gross margin FY2024 -36.16%. Gross margin FY2025 84.24%. Operating margin FY2021 24.88%. Operating margin FY2022 -6.61%. Operating margin FY2023 28.83%. Operating margin FY2024 -67.39%. Operating margin FY2025 14.12%. Net margin FY2021 -4.22%. Net margin FY2022 -52.97%. Net margin FY2023 -4.23%. Net margin FY2024 -139.04%. Net margin FY2025 11.96%.

Income trends

Revenue

67.37M HKD+167.67%

Operating income

9.51M HKD+26.47M HKD

Net income

8.06M HKD+43.06M HKD
Income trends across reported periods107.09M HKD55.42M HKD3.75M HKD−47.91M HKDRevenue, FY2021: 78.15M HKDRevenue, FY2022: 42.83M HKDRevenue, FY2023: 94.17M HKDRevenue, FY2024: 25.17M HKDRevenue, FY2025: 67.37M HKDOperating income, FY2021: 19.44M HKDOperating income, FY2022: −2.83M HKDOperating income, FY2023: 27.15M HKDOperating income, FY2024: −16.96M HKDOperating income, FY2025: 9.51M HKDNet income, FY2021: −3.29M HKDNet income, FY2022: −22.68M HKDNet income, FY2023: −3.99M HKDNet income, FY2024: −35M HKDNet income, FY2025: 8.06M HKDFY2021FY2022FY2023FY2024FY2025
Revenue FY2021 78.15M HKD. Revenue FY2022 42.83M HKD. Revenue FY2023 94.17M HKD. Revenue FY2024 25.17M HKD. Revenue FY2025 67.37M HKD. Operating income FY2021 19.44M HKD. Operating income FY2022 −2.83M HKD. Operating income FY2023 27.15M HKD. Operating income FY2024 −16.96M HKD. Operating income FY2025 9.51M HKD. Net income FY2021 −3.29M HKD. Net income FY2022 −22.68M HKD. Net income FY2023 −3.99M HKD. Net income FY2024 −35M HKD. Net income FY2025 8.06M HKD.
Metric (HKD)FY2025FY2024FY2023FY2022FY2021
Revenue67.37M HKD25.17M HKD94.17M HKD42.83M HKD78.15M HKD
Cost of goods sold10.62M HKD34.27M HKD53.97M HKD—48.29M HKD
Gross profit56.76M HKD−9.1M HKD40.2M HKD42.83M HKD29.85M HKD
Research and development————−0.01 HKD
Selling, general, and administrative—42.47M HKD13.05M HKD45.66M HKD59.03M HKD
Operating expenses47.25M HKD7.86M HKD13.05M HKD45.66M HKD10.41M HKD
Interest income5.41M HKD757K HKD326K HKD—13K HKD
Interest expense1.44M HKD2.19M HKD1.78M HKD—657K HKD
Depreciation and amortization5.31M HKD4.56M HKD7.52M HKD6.23M HKD6.27M HKD
Operating income9.51M HKD−16.96M HKD27.15M HKD−2.83M HKD19.44M HKD
Net income8.06M HKD−35M HKD−3.99M HKD−22.68M HKD−3.29M HKD

Company facts updated Aug 24, 2026.

Earnings

Latest EPS result
-0.04

EPS: actual versus estimate

Recent quarterly results

ActualEstimate
Estimates unavailable
Quarterly EPS actual values compared with estimates0.070.02-0.03-0.08Q3 '21Q1 '22Q4 '22Q1 '23Q4 '23Q1 '24Q4 '24Q1 '25
Q3 2021, reported Sep 30, 2021: actual 0.021, estimate —, surprise —, Comparison unavailable. Q1 2022, reported Mar 31, 2022: actual -0.029, estimate —, surprise —, Comparison unavailable. Q4 2022, reported Nov 26, 2022: actual -0.032, estimate —, surprise —, Comparison unavailable. Q1 2023, reported Mar 31, 2023: actual -0.024, estimate —, surprise —, Comparison unavailable. Q4 2023, reported Nov 25, 2023: actual 0.027, estimate —, surprise —, Comparison unavailable. Q1 2024, reported Mar 31, 2024: actual -0.037, estimate —, surprise —, Comparison unavailable. Q4 2024, reported Nov 22, 2024: actual -0.043, estimate —, surprise —, Comparison unavailable. Q1 2025, reported Mar 31, 2025: actual -0.043, estimate —, surprise —, Comparison unavailable.

Revenue: actual versus estimate

Recent quarterly results

ActualEstimate
Estimates unavailable
Quarterly Revenue actual values compared with estimates67.08M46.79M26.5M6.21MQ3 '21Q1 '22Q4 '22Q1 '23Q4 '23Q1 '24Q4 '24Q1 '25
Q3 2021, reported Sep 30, 2021: actual 50.32M HKD, estimate —, surprise —, Comparison unavailable. Q1 2022, reported Mar 31, 2022: actual 26.92M HKD, estimate —, surprise —, Comparison unavailable. Q4 2022, reported Nov 26, 2022: actual 19.62M HKD, estimate —, surprise —, Comparison unavailable. Q1 2023, reported Mar 31, 2023: actual 23.2M HKD, estimate —, surprise —, Comparison unavailable. Q4 2023, reported Nov 25, 2023: actual 62.65M HKD, estimate —, surprise —, Comparison unavailable. Q1 2024, reported Mar 31, 2024: actual 29.57M HKD, estimate —, surprise —, Comparison unavailable. Q4 2024, reported Nov 22, 2024: actual 7.3M HKD, estimate —, surprise —, Comparison unavailable. Q1 2025, reported Mar 31, 2025: actual 17.87M HKD, estimate —, surprise —, Comparison unavailable.

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