Adicon Holdings Limited (HKG:9860)

Hong Kong · Delayed Price · Currency is HKD

4.650

-0.180 (-3.73%)

Sep 30, 2026, 3:59 PM HKT

Adicon Holdings 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	2,653	2,638	2,914	3,298	4,861	3,380
Revenue Growth	0.54%	-9.46%	-11.63%	-32.15%	43.83%	23.26%
Gross Profit	985.32	952.65	1,096	1,418	1,895	1,442
Operating Income	154	142.48	249.65	510.79	890.25	559.09
Net Income	23.18	18.44	47.01	234.89	680.79	315.54
Earnings Per Share	0.03	0.03	0.07	0.31	0.96	0.50
EPS Growth	17.56%	-60.39%	-79.09%	-67.53%	92.00%	4.17%

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	875.93	1,108	1,044	1,010	1,681	1,109
Total Debt	1,615	1,651	1,491	1,090	1,959	939.75
Net Cash (Debt)	-739.28	-543.09	-447.32	-79.58	-278.53	169.46
Net Cash Growth	-	-	-	-	-	-58.27%
Net Cash Per Share	-1.03	-0.76	-0.62	-0.11	-0.39	0.27

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	247.99	225.74	230.44	377.54	892.94	564.26
Capital Expenditures	-108.28	-104.9	-115	-149.25	-228.3	-155.01
Free Cash Flow	139.71	120.84	115.43	228.29	664.64	409.26
Free Cash Flow Growth	15.62%	4.68%	-49.43%	-65.65%	62.40%	8.87%

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	37.15%	36.11%	37.62%	43.00%	38.98%	42.68%
Operating Margin	5.81%	5.40%	8.57%	15.49%	18.32%	16.54%
Pretax Margin	2.60%	1.96%	3.16%	10.59%	16.89%	12.35%
Profit Margin	0.87%	0.70%	1.61%	7.12%	14.01%	9.34%
FCF Margin	5.27%	4.58%	3.96%	6.92%	13.67%	12.11%

Valuation

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Oct '26 Oct 1, 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	132.74	146.03	130.84	36.65	-	-
Forward PE	56.83	22.29	21.46	18.12	-	-
P/FCF Ratio	20.63	22.29	53.29	37.71	-	-
PS Ratio	1.09	1.02	2.11	2.61	-	-