Hengxin Technology Ltd

Chart & Performance

D1W1MN

P/E

7.41

P/S

0.23

EPS

0.15

Div Yield, %

0.00%

Shrs. gr., 5y

—

Rev. gr., 5y

7.29%

Revenues

2.26b

+10.61%

Net income

70m

+9.59%

CFO

321m

-30.36%

Dividend

May 12, 20210.0191 HKD/sh

Earnings

Mar 24, 2025

Profile

Hengxin Technology Ltd., an investment holding company, engages in the research, design, development, and manufacture of telecommunications and technological products, and the production of radio frequency coaxial cables for mobile communications and mobile communications systems exchange equipment in the People's Republic of China, India, and internationally. The company operates through Radio Frequency (RF) Coaxial Cables, Telecommunication Equipment and Accessories, and Antennas segments. It offers RF coaxial cables for mobile communications to transmit high-frequency signals between antenna and base station equipment in outdoor base station wireless signal coverage system and indoor wireless signal coverage system in buildings; and to radiate high frequency signals to surrounding environment through continuous small antenna elements along the cable in railways, highways, tunnels, underground car parks, elevators, and high rise buildings. The company also provides coaxial cables for telecommunications equipment and accessories to transmit signals within microwave communications systems, radio broadcast wireless systems, and air/sea radar systems, as well as accessories, such as connectors and jumper cables for wireless signal coverage systems equipment within base stations. In addition, it offers antennas for use in signal transmission for wireless communications; high temperature resistant cables, which are used as part of the raw material components for antennas; and antenna testing services. Further, the company provides technical services of antennas and related telecommunications products for mobile communications systems, as well as engages in trading and investment, and enterprise management consulting activities. It serves telecommunications operators and equipment manufacturers. The company was founded in 1996 and is headquartered in Singapore.

URL

http://www.hengxin.com.sg/

IPO date

May 11, 2006

Employees

915

Domiciled in

Incorporated in

Valuation

Order:

Title CNY in thousands, except ratios and share amounts	FY	FY	FY	FY	FY	FY	FY	FY	FY	FY
Title CNY in thousands, except ratios and share amounts	2023‑12	2022‑12	2021‑12	2020‑12	2019‑12	2018‑12	2017‑12	2016‑12	2015‑12	2014‑12
Income
Revenues	2,255,903 10.61%	2,039,583 25.45%	1,625,775 42.69%
Cost of revenue	2,116,069	1,957,647	1,569,691
Unusual Expense (Income)
NOPBT	139,834	81,936	56,084
NOPBT Margin	6.20%	4.02%	3.45%
Operating Taxes	21,357	8,871	10,733
Tax Rate	15.27%	10.83%	19.14%
NOPAT	118,477	73,065	45,351
Net income	69,702 9.59%	63,602 -10.80%	71,303 16.32%
Dividends			(6,130)
Dividend yield			0.39%
Proceeds from repurchase of equity
BB yield
Debt
Debt current	182,680	232,343	330,996
Long-term debt	850,337	9,521	917
Deferred revenue		2,460	4,786
Other long-term liabilities	882
Net debt	10,672	(605,883)	(196,191)
Cash flow
Cash from operating activities	321,138	461,159	(312,833)
CAPEX	(51,945)	(62,211)	(20,593)
Cash from investing activities	(438,891)	(37,971)	(59,625)
Cash from financing activities	236,307	(118,217)	17,966
FCF	(1,186,084)	425,159	(364,516)
Balance
Cash	1,211,938	1,126,804	1,027,222
Long term investments	(189,593)	(279,057)	(499,118)
Excess cash	909,550	745,768	446,815
Stockholders' equity	2,423,424	1,607,712	1,520,515
Invested Capital	2,852,868	1,367,648	1,667,151
ROIC	5.61%	4.82%	3.18%
ROCE	3.70%	3.85%	2.64%
EV
Common stock shares outstanding	388,000	388,000	388,000
Price	1.28 -74.90%	5.10 25.93%	4.05 98.53%
Market cap	496,640 -74.90%	1,978,800 25.93%	1,571,400 98.53%
EV	1,320,176	1,416,780	1,381,195
EBITDA	226,491	117,015	75,909
EV/EBITDA	5.83	12.11	18.20
Interest	30,993	11,881	7,142
Interest/NOPBT	22.16%	14.50%	12.73%