Diwang Industrial Holdings Limited (HKG:1950)

Hong Kong · Delayed Price · Currency is HKD

0.1090

-0.0010 (-0.91%)

Sep 18, 2026, 11:34 AM HKT

HKG:1950 Financials Overview

Financials in millions CNY. Fiscal year is January - December.

Millions CNY. Fiscal year is Jan - Dec.

Revenue & Profits

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Revenue	649.7	599.35	566.48	570.57	501.44	233.95
Revenue Growth	8.40%	5.80%	-0.72%	13.79%	114.34%	74.01%
Gross Profit	311.96	285.17	257.3	233.38	193.7	38.88
Operating Income	22.1	1.04	34.66	31.07	83.46	6.26
Net Income	15.4	2.49	30.03	19.45	21.85	-2.6
Earnings Per Share	0.02	0.00	0.04	0.04	0.09	-0.01
EPS Growth	517.94%	-91.70%	1.46%	-51.75%	-	-

Revenue by Segment

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Chinese Liquor Products	392.02	351.4	303.98	308.03	241.19	-
Faux Leather Chemicals	257.68	247.94	262.5	262.55	260.25	233.95
Total	649.7	599.35	566.48	570.57	501.44	233.95

Cash & Debt

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Cash & Investments	111.14	82.62	60.78	58.61	57.82	64.71
Total Debt	74.93	99.7	64.96	26.45	10.45	-
Net Cash (Debt)	36.2	-17.09	-4.18	32.16	47.37	64.71
Net Cash Growth	-	-	-	-32.12%	-26.79%	-18.75%
Net Cash Per Share	0.05	-0.02	-0.01	0.07	0.18	0.28

Cash Flow & CapEx

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Operating Cash Flow	41.07	-7.6	58.98	-216.32	-14.5	-2.06
Capital Expenditures	-31.52	-36.61	-93.11	-57.29	-27.59	-30.17
Free Cash Flow	9.55	-44.21	-34.13	-273.61	-42.09	-32.23
Free Cash Flow Growth	-	-	-	-	-	-

Margins

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Gross Margin	48.02%	47.58%	45.42%	40.90%	38.63%	16.62%
Operating Margin	3.40%	0.17%	6.12%	5.45%	16.64%	2.67%
Pretax Margin	4.51%	1.43%	6.27%	6.25%	12.50%	-0.63%
Profit Margin	2.37%	0.42%	5.30%	3.41%	4.36%	-1.11%
FCF Margin	1.47%	-7.38%	-6.02%	-47.95%	-8.39%	-13.78%

Valuation

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep '26 Sep 19, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
PE Ratio	4.41	46.46	3.11	6.72	8.98	-
PS Ratio	0.10	0.19	0.17	0.23	0.39	0.47