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Shanxi Changcheng Microlight Equipment Co. Ltd. logo

Shanxi Changcheng Microlight Equipment Co. Ltd.

8286.HK

HKSETechnologyHardware, Equipment & Parts

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Latest quote

HK$0.104

−HK$0.002 · -1.89%

Aug 18, 6:10 PM HKTData delayed

8286.HK company overview

Regular session · HKT · Market data may be delayed.

Company profile

Company website

Shanxi Changcheng Microlight Equipment Co. Ltd. specializes in the entire lifecycle of image transmission fiber optic products, from initial research and design to development, manufacturing, and distribution. The company's sales territories include the People's Republic of China, Europe, Hong Kong, Russia, and the Middle East. Its core product line features fiber optic inverters, straight and face plates, tapers, and microchannel plates. Beyond its primary focus, the company is also involved in the engineering, development, production, and commercialization of water purification systems, as well as optoelectronic and chemical glass items. Furthermore, it operates as a wholesale supplier of household water purifiers. The firm was established in 2000 and has its corporate headquarters situated in Taiyuan, People's Republic of China.

Industry
Hardware, Equipment & Parts
Sector
Technology
Headquarters
CN
CEO
Tai Bing Zhao
Listed since
May 18, 2004
Employees
276

Market position

52-week range

Current HK$0.104

Open
HK$0.104
Previous close
HK$0.106
Volume
50K
0.78× average
Average volume
63.83K
Average daily volume
Market cap
32.03M HKD
Beta
0.22
Market reference 1
50-day average
HK$0.117
-11.08% below average
200-day average
HK$0.1437
-27.64% below average

Financials

Financial snapshot

Latest / TTM

Valuation & yield

Enterprise value
133.11M CNY
P/E (TTM)
-1.1×
P/B (TTM)
-0.17×
P/S (TTM)
1.49×
EV / EBITDA
-11.9×
Earnings yield
-95.53%
Free cash flow yield
-0.72%
Dividend yield
0.00%

Profitability & efficiency

Gross margin
34.52%
Operating margin
-92.01%
Net margin
-134.82%
Return on equity
14.94%
Return on assets
-15.55%
Return on invested capital
34.66%

Financial health

Debt / equity
-0.64×
Current ratio
0.08×
Altman Z-score
-4.35
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 trends73%-33%-140%-246%Gross margin, FY2021: 18.01%Gross margin, FY2022: 38.35%Gross margin, FY2023: 46.35%Gross margin, FY2024: 37.50%Gross margin, FY2025: 34.52%Operating margin, FY2021: -110.28%Operating margin, FY2022: -139.88%Operating margin, FY2023: -32.01%Operating margin, FY2024: -122.83%Operating margin, FY2025: -92.01%Net margin, FY2021: -219.31%Net margin, FY2022: 46.39%Net margin, FY2023: -38.83%Net margin, FY2024: -196.12%Net margin, FY2025: -134.82%FY2021FY2022FY2023FY2024FY2025
Gross margin FY2021 18.01%. Gross margin FY2022 38.35%. Gross margin FY2023 46.35%. Gross margin FY2024 37.50%. Gross margin FY2025 34.52%. Operating margin FY2021 -110.28%. Operating margin FY2022 -139.88%. Operating margin FY2023 -32.01%. Operating margin FY2024 -122.83%. Operating margin FY2025 -92.01%. Net margin FY2021 -219.31%. Net margin FY2022 46.39%. Net margin FY2023 -38.83%. Net margin FY2024 -196.12%. Net margin FY2025 -134.82%.

Income trends

Revenue

18.48M CNY+7.78%

Operating income

−17M CNY+19.26%

Net income

−24.91M CNY+25.90%
Income trends across reported periods33.43M CNY6.58M CNY−20.26M CNY−47.1M CNYRevenue, FY2021: 18.42M CNYRevenue, FY2022: 15.54M CNYRevenue, FY2023: 26.72M CNYRevenue, FY2024: 17.14M CNYRevenue, FY2025: 18.48M CNYOperating income, FY2021: −20.31M CNYOperating income, FY2022: −21.73M CNYOperating income, FY2023: −8.55M CNYOperating income, FY2024: −21.06M CNYOperating income, FY2025: −17M CNYNet income, FY2021: −40.39M CNYNet income, FY2022: 7.21M CNYNet income, FY2023: −10.38M CNYNet income, FY2024: −33.62M CNYNet income, FY2025: −24.91M CNYFY2021FY2022FY2023FY2024FY2025
Revenue FY2021 18.42M CNY. Revenue FY2022 15.54M CNY. Revenue FY2023 26.72M CNY. Revenue FY2024 17.14M CNY. Revenue FY2025 18.48M CNY. Operating income FY2021 −20.31M CNY. Operating income FY2022 −21.73M CNY. Operating income FY2023 −8.55M CNY. Operating income FY2024 −21.06M CNY. Operating income FY2025 −17M CNY. Net income FY2021 −40.39M CNY. Net income FY2022 7.21M CNY. Net income FY2023 −10.38M CNY. Net income FY2024 −33.62M CNY. Net income FY2025 −24.91M CNY.
Metric (CNY)FY2025FY2024FY2023FY2022FY2021
Revenue18.48M CNY17.14M CNY26.72M CNY15.54M CNY18.42M CNY
Cost of goods sold12.1M CNY10.72M CNY14.33M CNY9.58M CNY15.1M CNY
Gross profit6.38M CNY6.43M CNY12.38M CNY5.96M CNY3.32M CNY
Research and development1.02M CNY——1.89M CNY741K CNY
Selling, general, and administrative22.09M CNY29.68M CNY24.5M CNY25.8M CNY17.78M CNY
Operating expenses23.38M CNY27.48M CNY20.94M CNY27.69M CNY23.63M CNY
Interest income3K CNY1K CNY1K CNY1K CNY5K CNY
Interest expense11.21M CNY9.97M CNY8.93M CNY8.29M CNY8.41M CNY
Depreciation and amortization4.79M CNY5.17M CNY5.08M CNY4.61M CNY4.91M CNY
Operating income−17M CNY−21.06M CNY−8.55M CNY−21.73M CNY−20.31M CNY
Net income−24.91M CNY−33.62M CNY−10.38M CNY7.21M CNY−40.39M CNY

Company facts updated Aug 24, 2026.

Earnings

Latest fiscal-year EPS
-0.081
FY2025
Latest fiscal-year revenue
18.48M CNY
FY2025 · +7.78% year over year

Annual EPS trend

Reported history and fiscal-year consensus

ReportedConsensus forecast
Annual EPS trend0.04-0.02-0.08-0.15FY21FY22FY23FY24FY25

Annual revenue trend

Reported history and fiscal-year consensus

ReportedConsensus forecast
Annual revenue trend27.84M23.36M18.89M14.42MFY21FY22FY23FY24FY25

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