China Hongqiao Group

1378 · HKEX · HKD

$21.16−1.76%−$0.38

Close · October 2, 2026

At a glance

Revenue growth: +3.96%; 2025 vs 2024
Net income growth: +1.18%; 2025 vs 2024
Net margin: 13.9%; 2024: 14.3%

Financial data

Amounts in millions of CNY; per-share values in CNY; shares in millions.

Balance sheet · Quarterly
Item	Q2 2026	Q4 2025	Q2 2025	Q4 2024	Q2 2024	Q4 2023	Q2 2023	Q4 2022	Q2 2022	Q4 2021
Total assets	241,173	245,379	228,463	229,165	213,708	200,320	189,358	185,742	193,094	188,421
Current assets	110,867	114,567	102,865	109,825	96,982	87,395	87,705	87,568	107,309	103,528
Cash and equivalents	46,144	51,187	48,745	44,770	37,502	31,721	29,777	27,385	49,223	49,227
Short-term investments	3,525	3,002	—	—	—	—	—	—	—	—
Receivables	14,826	13,048	13,810	20,096	17,596	14,405	14,904	14,669	20,795	22,788
Inventory	36,860	36,636	36,015	37,344	34,760	33,958	35,846	37,268	30,483	22,705
Net property, plant and equipment	87,654	88,948	88,910	85,061	81,435	79,876	75,072	75,733	69,485	69,160
Goodwill	198	198	198	278	278	278	278	278	278	278
Other intangible assets	50.0	58.4	37.3	45.4	40.5	42.9	33.3	34.3	35.6	32.6
Long-term investments	36,411	35,969	30,532	27,950	27,979	26,655	21,207	14,338	10,376	9,623
Current liabilities	52,069	54,089	79,759	76,983	76,469	74,029	73,034	71,373	68,497	63,067
Accounts payable	11,871	11,189	11,882	14,931	13,421	11,648	13,046	14,911	17,581	18,735
Long-term debt	41,216	44,381	25,804	25,781	19,437	13,792	15,418	16,236	25,046	30,973
Total debt	67,658	70,528	74,518	68,843	62,455	56,864	58,433	56,738	59,129	58,912
Total liabilities	97,655	103,669	112,139	110,552	103,632	94,064	90,745	89,436	95,497	95,982
Total equity (incl. minority)	143,518	141,710	116,325	118,613	110,075	106,256	98,613	96,306	97,597	92,439
Retained earnings	97,694	94,566	84,292	80,597	72,541	66,692	60,602	—	61,676	58,542
Minority interest	10,410	9,117	5,645	10,814	10,304	14,012	12,275	11,807	11,680	11,131