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Min Fu International Holding Limited logo

Min Fu International Holding Limited

8511.HK

HKSETechnologyInformation Technology Services

Open in GoAI

Latest quote

HK$0.795

−HK$0.015 · -1.85%

Aug 21, 1:12 PM HKT

8511.HK company overview

Historical prices · Market data may be delayed.

Company profile

Company website

Min Fu International Holding Limited is an investment holding firm based in Guangzhou, People's Republic of China, specializing in advanced 3D precision testing and machining services. The company offers sophisticated non-contact optical measurement systems for comprehensive object shape and appearance data analysis and full-field positioning. Additionally, it provides three-dimensional dynamic measurement systems designed to compute surface displacement and strain distribution. Its services are utilized by equipment manufacturers across critical sectors, including aviation, aerospace, shipbuilding, ground transportation vehicles, and electronics. Established in 2017, the company operated as Zhicheng Technology Group Ltd. until April 2022, when it rebranded to Min Fu International Holding Limited.

Industry
Information Technology Services
Sector
Technology
Headquarters
HK
CEO
Zhongwen Shu
Listed since
Apr 20, 2018
Employees
37

Market position

Day range

Current HK$0.795

52-week range

Current HK$0.795

Open
HK$0.81
Previous close
HK$0.81
Volume
2K
0.22× average
Average volume
9.01K
Average daily volume
Market cap
20.6M HKD
Beta
-1.83
Market reference 1
50-day average
HK$0.7374
+7.81% above average
200-day average
HK$0.8601
-7.56% below average

Financials

Financial snapshot

Latest / TTM

Valuation & yield

Enterprise value
20.37M HKD
P/E (TTM)
-2.48×
P/B (TTM)
30.08×
P/S (TTM)
0.39×
EV / EBITDA
-1.76×
Earnings yield
-35.96%
Free cash flow yield
0.00%
Dividend yield
0.00%

Profitability & efficiency

Gross margin
21.82%
Operating margin
-4.93%
Net margin
-15.79%
Return on equity
-1219.12%
Return on assets
-15.99%
Return on invested capital
-673.22%

Financial health

Debt / equity
1.51×
Current ratio
1.03×
Altman Z-score
-2
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 trends54%-3%-59%-116%Gross margin, FY2021: 39.88%Gross margin, FY2022: 30.35%Gross margin, FY2023: 21.81%Gross margin, FY2024: 9.16%Gross margin, FY2025: 21.82%Operating margin, FY2021: -28.79%Operating margin, FY2022: -80.83%Operating margin, FY2023: -21.42%Operating margin, FY2024: -101.90%Operating margin, FY2025: -21.87%Net margin, FY2021: -29.34%Net margin, FY2022: -88.86%Net margin, FY2023: -24.97%Net margin, FY2024: -98.21%Net margin, FY2025: -15.79%FY2021FY2022FY2023FY2024FY2025
Gross margin FY2021 39.88%. Gross margin FY2022 30.35%. Gross margin FY2023 21.81%. Gross margin FY2024 9.16%. Gross margin FY2025 21.82%. Operating margin FY2021 -28.79%. Operating margin FY2022 -80.83%. Operating margin FY2023 -21.42%. Operating margin FY2024 -101.90%. Operating margin FY2025 -21.87%. Net margin FY2021 -29.34%. Net margin FY2022 -88.86%. Net margin FY2023 -24.97%. Net margin FY2024 -98.21%. Net margin FY2025 -15.79%.

Income trends

Revenue

52.89M HKD+90.04%

Operating income

−11.57M HKD+59.22%

Net income

−8.35M HKD+69.44%
Income trends across reported periods91.39M HKD47.83M HKD4.26M HKD−39.3M HKDRevenue, FY2021: 31.51M HKDRevenue, FY2022: 31.97M HKDRevenue, FY2023: 80.5M HKDRevenue, FY2024: 27.83M HKDRevenue, FY2025: 52.89M HKDOperating income, FY2021: −9.07M HKDOperating income, FY2022: −25.84M HKDOperating income, FY2023: −17.25M HKDOperating income, FY2024: −28.36M HKDOperating income, FY2025: −11.57M HKDNet income, FY2021: −9.25M HKDNet income, FY2022: −28.41M HKDNet income, FY2023: −20.1M HKDNet income, FY2024: −27.33M HKDNet income, FY2025: −8.35M HKDFY2021FY2022FY2023FY2024FY2025
Revenue FY2021 31.51M HKD. Revenue FY2022 31.97M HKD. Revenue FY2023 80.5M HKD. Revenue FY2024 27.83M HKD. Revenue FY2025 52.89M HKD. Operating income FY2021 −9.07M HKD. Operating income FY2022 −25.84M HKD. Operating income FY2023 −17.25M HKD. Operating income FY2024 −28.36M HKD. Operating income FY2025 −11.57M HKD. Net income FY2021 −9.25M HKD. Net income FY2022 −28.41M HKD. Net income FY2023 −20.1M HKD. Net income FY2024 −27.33M HKD. Net income FY2025 −8.35M HKD.
Metric (HKD)FY2025FY2024FY2023FY2022FY2021
Revenue52.89M HKD27.83M HKD80.5M HKD31.97M HKD31.51M HKD
Cost of goods sold41.35M HKD25.28M HKD62.94M HKD22.27M HKD18.95M HKD
Gross profit11.54M HKD2.55M HKD17.56M HKD9.7M HKD12.57M HKD
Research and development——5.02M HKD3.01M HKD3.6M HKD
Selling, general, and administrative19.89M HKD21.34M HKD28.81M HKD27.06M HKD22.68M HKD
Operating expenses19.8M HKD30.91M HKD34.8M HKD26.35M HKD22.47M HKD
Interest income1K HKD27K HKD98K HKD22K HKD4K HKD
Interest expense33K HKD51K HKD384K HKD934K HKD286K HKD
Depreciation and amortization1K HKD2.71M HKD4.09M HKD6.94M HKD3.04M HKD
Operating income−11.57M HKD−28.36M HKD−17.25M HKD−25.84M HKD−9.07M HKD
Net income−8.35M HKD−27.33M HKD−20.1M HKD−28.41M HKD−9.25M HKD

Company facts updated Aug 24, 2026.

Earnings

Latest EPS result
-0.53

EPS: actual versus estimate

Recent quarterly results

ActualEstimate
Estimates unavailable
Quarterly EPS actual values compared with estimates0.68-0.02-0.72-1.43Q1 '21Q3 '21Q1 '22Q1 '23Q3 '23Q1 '24Q2 '24Q1 '25
Q1 2021, reported Mar 31, 2021: actual 0.539, estimate —, surprise —, Comparison unavailable. Q3 2021, reported Sep 30, 2021: actual -0.194, estimate —, surprise —, Comparison unavailable. Q1 2022, reported Mar 31, 2022: actual -0.212, estimate —, surprise —, Comparison unavailable. Q1 2023, reported Feb 13, 2023: actual -0.585, estimate —, surprise —, Comparison unavailable. Q3 2023, reported Aug 11, 2023: actual -1.28, estimate —, surprise —, Comparison unavailable. Q1 2024, reported Feb 12, 2024: actual -0.081, estimate —, surprise —, Comparison unavailable. Q2 2024, reported Jun 27, 2024: actual -0.675, estimate —, surprise —, Comparison unavailable. Q1 2025, reported Feb 13, 2025: actual -0.526, estimate —, surprise —, Comparison unavailable.

Revenue: actual versus estimate

Recent quarterly results

ActualEstimate
Estimates unavailable
Quarterly Revenue actual values compared with estimates73.21M50.05M26.89M3.73MQ1 '21Q3 '21Q1 '22Q1 '23Q3 '23Q1 '24Q2 '24Q1 '25
Q1 2021, reported Mar 31, 2021: actual 23.8M HKD, estimate —, surprise —, Comparison unavailable. Q3 2021, reported Sep 30, 2021: actual 4.38M HKD, estimate —, surprise —, Comparison unavailable. Q1 2022, reported Mar 31, 2022: actual 9.38M HKD, estimate —, surprise —, Comparison unavailable. Q1 2023, reported Feb 13, 2023: actual 12.05M HKD, estimate —, surprise —, Comparison unavailable. Q3 2023, reported Aug 11, 2023: actual 6.71M HKD, estimate —, surprise —, Comparison unavailable. Q1 2024, reported Feb 12, 2024: actual 11.74M HKD, estimate —, surprise —, Comparison unavailable. Q2 2024, reported Jun 27, 2024: actual 68.11M HKD, estimate —, surprise —, Comparison unavailable. Q1 2025, reported Feb 13, 2025: actual 13.78M HKD, estimate —, surprise —, Comparison unavailable.

Corporate actions

Corporate action history

Stock split

Effective Oct 3, 2024

1:40

Stock split

Effective Jun 7, 2023

18:17

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