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轻量化革命下镁合金崛起,力劲科技如何成为“装备界顶流”?
Sou Hu Cai Jing· 2025-11-28 01:57
Core Viewpoint - The global capital markets have seen a rare phenomenon where both technology stocks and gold have risen simultaneously, reflecting the deep intertwining of "uncertainty" and "certainty" during economic transformation. Gold serves as a safety net against global economic divergence and geopolitical risks, while technology stocks represent market bets on future growth driven by industrial transformation and technological breakthroughs [1]. Group 1: Performance Fundamentals - The company has established a solid performance foundation through "multi-business synergy + global layout," demonstrating strong anti-cyclical capabilities amid global economic divergence and intensified domestic competition. In the first half of the 2025-2026 fiscal year, the company achieved a revenue of HKD 3.26 billion, a year-on-year increase of 25.7%, and a net profit of HKD 168 million, up 1.1% year-on-year [2]. - The core business of die-casting machines generated revenue of HKD 2.26 billion, accounting for 69.4% of total revenue, with a year-on-year growth of 39.5%. The die-casting segment's profit reached HKD 230 million, up 35.3% year-on-year, continuing to lead industry development [2][3]. - The company's die-casting machine business has maintained stable demand by focusing on key growth sectors such as new energy vehicles and new materials, leveraging its technological advantages to secure orders from leading clients [2]. Group 2: Business Segments - The injection molding machine business achieved revenue of HKD 920 million, a year-on-year increase of 4.4%, with notable product structure optimization. For instance, the FA3550T large two-plate injection molding machine was customized for a client in the new energy vehicle sector, addressing market lightweight demands [4]. - The CNC machining center business has enhanced market reach through continuous product performance iterations and management optimization [4]. - The company has successfully penetrated emerging markets, with injection molding machine sales in Vietnam increasing by 150% year-on-year, and has established strong partnerships with leading clients in various sectors [5]. Group 3: Growth Drivers - The company is actively positioning itself in the magnesium alloy sector, which has become a core material for lightweight transformation in industries such as automotive and robotics. The sales revenue of magnesium alloy equipment is expected to grow over 400% by 2025 [7][8]. - The TPI technology developed by the company enhances component strength by 30%, making it a core supplier for leading automotive manufacturers. Recent collaborations in the humanoid robot sector further demonstrate the company's strategic foresight [10][11]. - The company has also ventured into the field of amorphous alloys, developing specialized die-casting units that meet the stringent requirements of high-strength and high-elasticity components for various applications [12]. Group 4: Valuation Potential - The company's dynamic price-to-earnings ratio stands at 12.78 times, positioned at the 30.31 percentile, indicating that the current valuation does not fully reflect its growth premium. The company has shown steady revenue growth despite a complex environment, with new businesses like magnesium alloys entering a rapid growth phase [13]. Conclusion - The company, as a leader in high-end equipment manufacturing, possesses both performance certainty supported by diverse business operations and long-term growth potential driven by technology. Its positioning as a "scarce value target" in the manufacturing upgrade wave is becoming increasingly clear, with ongoing advancements in new business areas likely to lead to further valuation reassessment [15].
力劲科技中期营业收入32.6亿港元 同比增长25.7%
Core Insights - The company reported a revenue of HKD 3.26 billion for the six months ending September 30, 2025, representing a year-on-year increase of 25.7% [1] - The profit attributable to equity holders was HKD 141 million, a decrease of 4.72% compared to the previous year [1] - Earnings per share were HKD 0.104, and the company proposed an interim dividend of HKD 0.03 per share [1] Business Segment Performance - The die-casting machine segment generated revenue of HKD 2.263 billion, accounting for 69.4% of total revenue, with a year-on-year growth of 39.5%, serving as the main growth driver [1] - The injection molding machine segment saw an overall sales revenue increase of 4.4% year-on-year [1] - The CNC machining center segment reported revenue of HKD 77.1 million, making up 2.4% of total revenue [1]
轻量化革命下镁合金崛起,力劲科技(00558.HK)如何成为“装备界顶流”?
Ge Long Hui· 2025-11-27 16:00
Core Viewpoint - The global capital markets have seen a rare phenomenon where both technology stocks and gold have risen simultaneously, reflecting the deep intertwining of "uncertainty" and "certainty" during economic transformation. Gold serves as a safe haven against global economic divergence and geopolitical risks, while technology stocks represent bets on future growth driven by industrial transformation and technological breakthroughs. In this context, assets with both certainty and growth potential, such as Lijin Technology, are increasingly valuable as it solidifies its foundation through diversified businesses and opens up growth space through technological breakthroughs [1] Group 1: Performance and Business Structure - Lijin Technology has built a solid performance foundation through "multi-business synergy + global layout," demonstrating strong anti-cyclical capabilities amid global economic divergence and intensified domestic competition. In the first half of the 2025-2026 fiscal year, the company achieved a revenue of HKD 3.26 billion, a year-on-year increase of 25.7%, and a net profit of HKD 168 million, up 1.1% year-on-year [2] - The company's business structure, centered around die-casting machines, injection molding machines, and CNC machining centers, creates significant synergy across technical research, customer resources, and market channels, effectively mitigating risks from single industry fluctuations. The die-casting machine segment, as the core pillar, generated HKD 2.26 billion in revenue, accounting for 69.4% of total revenue, with a year-on-year growth of 39.5% [2] Group 2: Market Trends and Innovations - In the automotive sector, Lijin Technology has leveraged its technological advantages to secure orders from leading clients, with its ultra-large die-casting machines holding over 90% of the global market share. Revenue from automotive clients in the die-casting machine segment grew by 31% year-on-year, serving as the main growth driver for this business unit [3] - The injection molding machine segment achieved a revenue of HKD 920 million, a year-on-year increase of 4.4%, with notable product structure optimization. The FA3550T large two-plate injection molding machine, customized for the production of plastic battery boxes for electric vehicles, meets market lightweight demands through "plastic instead of steel" technology [4] - The CNC machining center business has enhanced market reach through continuous product performance iterations, management optimization, and sales channel expansion [5] Group 3: Global Expansion and Market Opportunities - Lijin Technology has effectively capitalized on manufacturing upgrades in emerging markets, leveraging RCEP policy benefits for deep global layout. In Southeast Asia, sales of injection molding machines in Vietnam increased by 150% year-on-year, reflecting strong demand [6] - The company has successfully delivered a 7000T ultra-large intelligent die-casting unit to a leading global automotive supplier for large-scale production of electric vehicle battery boxes and body structure components in Eastern Europe. Additionally, a 9000T ultra-large die-casting machine was delivered to a European luxury automotive brand, further solidifying the company's delivery capabilities and market position in high-end manufacturing [7][8] Group 4: Technological Advancements and Future Growth - Lijin Technology's breakthroughs in magnesium alloy die-casting and precision manufacturing align with industry trends such as lightweighting in electric vehicles and humanoid robots, opening up long-term growth potential [9][10] - The company has positioned itself in the magnesium alloy sector, with sales of magnesium alloy equipment expected to grow over 400% by 2025. The TPI magnesium alloy semi-solid thixotropic forming equipment has gained international recognition, enhancing the company's competitive edge [11][14] - The strategic collaboration with humanoid robot manufacturers focuses on lightweighting, utilizing TPI magnesium alloy forming technology to meet the demands for weight reduction and strength enhancement [17] Group 5: Valuation and Market Position - Currently, the company's dynamic price-to-earnings ratio stands at 12.78, positioned at the 30.31 percentile, indicating that the valuation does not fully reflect the growth premium. The company's revenue continues to rise steadily, and new businesses are accelerating, suggesting potential for valuation improvement [21] - Lijin Technology is increasingly recognized as a "scarce value target" in the high-end equipment manufacturing sector, with its multi-business support providing performance certainty and technological-driven long-term growth potential [23]
力劲科技(00558)发布中期业绩,营业收入32.6亿港元 同比增长25.7%
智通财经网· 2025-11-27 15:11
Core Viewpoint - The company reported a revenue of HKD 3.26 billion for the six months ending September 30, 2025, representing a year-on-year increase of 25.7% [1] Financial Performance - The profit attributable to equity holders decreased by 4.72% to HKD 141 million [1] - Earnings per share were HKD 0.104, with an interim dividend proposed at HKD 0.03 per share [1] - Gross profit reached HKD 767 million, with a gross margin improvement of 3 percentage points [1] - Net profit was HKD 167.7 million, resulting in a net profit margin of 5.1% [1] Business Segments - The die-casting machine segment, as the core pillar, generated revenue of HKD 2.263 billion, accounting for 69.4% of total revenue, with a year-on-year growth of 39.5% [1] - The injection molding machine segment saw a sales revenue increase of 4.4% year-on-year [1] - The CNC machining center segment reported revenue of HKD 77.1 million, representing a year-on-year decline of 14.7% [1]
力劲科技发布中期业绩,营业收入32.6亿港元 同比增长25.7%
Zhi Tong Cai Jing· 2025-11-27 15:10
Core Insights - The company reported a revenue of HKD 3.26 billion for the six months ending September 30, 2025, representing a year-on-year increase of 25.7% [1] - Profit attributable to equity holders decreased by 4.72% to HKD 141 million, with earnings per share at HKD 0.104 and an interim dividend of HKD 0.03 proposed [1] Financial Performance - The company achieved a gross profit of HKD 767 million, improving the gross margin by 3 percentage points compared to the same period last year [1] - Net profit for the period was HKD 167.7 million, with a net profit margin of 5.1%, indicating a steady enhancement in profitability [1] Business Segment Analysis - The die-casting machine segment, as the core pillar, generated revenue of HKD 2.263 billion, accounting for 69.4% of total revenue, with a year-on-year growth of 39.5% [1] - The injection molding machine segment saw a sales revenue increase of 4.4% year-on-year [1] - The CNC machining center segment reported revenue of HKD 77.1 million, representing a decline of 14.7% [1]
力劲科技(00558)将于2026年1月9日派发中期股息每股0.03港元
智通财经网· 2025-11-27 15:04
Core Viewpoint - The company, Liken Technology (00558), announced a mid-term dividend of HKD 0.03 per share, to be distributed on January 9, 2026, for the six months ending September 30, 2025 [1] Summary by Category - **Dividend Announcement** - Liken Technology will distribute a mid-term dividend of HKD 0.03 per share [1] - The dividend is for the period ending September 30, 2025 [1] - The payment date is set for January 9, 2026 [1]
力劲科技(00558) - 截至2025年9月30日止六个月的中期股息
2025-11-27 14:57
| 香港交易及結算所有限公司及香港聯合交易所有限公司對本公告的內容概不負責,對其準確性或完整性亦不發表任何聲明,並明確表示,概不對因 | | | --- | --- | | 公告全部或任何部份內容而產生或因倚賴該等內容而引致的任何損失承擔任何責任。 | | | 股票發行人現金股息公告 | | | 發行人名稱 | 力勁科技集團有限公司 | | 股份代號 | 00558 | | 多櫃檯股份代號及貨幣 | 不適用 | | 相關股份代號及名稱 | 不適用 | | 公告標題 截至二零二五年九月三十日止六個月之中期股息 | | | 公告日期 | 2025年11月27日 | | 公告狀態 | 新公告 | | 股息信息 | | | 股息類型 | 中期(半年期) | | 股息性質 | 普通股息 | | 財政年末 | 2026年3月31日 | | 宣派股息的報告期末 | 2025年9月30日 | | 宣派股息 | 每 股 0.03 HKD | | 股東批准日期 | 不適用 | | 香港過戶登記處相關信息 | | | 派息金額及公司預設派發貨幣 | 每 股 0.03 HKD | | 匯率 | 1 HKD : 1 HKD | | 除 ...
力劲科技(00558) - 2026 - 中期业绩
2025-11-27 14:52
Financial Performance - Revenue for the six months ended September 30, 2025, was HKD 3,260,464, representing a 25.7% increase from HKD 2,594,448 in 2024[3] - Gross profit increased to HKD 767,223, up 3.0% from HKD 744,623, with a gross margin of 23.5%, down from 28.7%[3] - Operating profit rose by 15.4% to HKD 249,840, with an operating margin of 7.7%, compared to 8.3% in the previous year[3] - Net profit for the period was HKD 167,696, a slight increase of 1.1% from HKD 165,923, resulting in a net margin of 5.1%, down from 6.4%[3] - Basic and diluted earnings per share decreased by 4.6% to HKD 10.4 from HKD 10.9[3] - The profit attributable to the company's owners for the six months ended September 30, 2025, was HKD 141,377,000, a decrease from HKD 148,385,000 in 2024, representing a decline of approximately 6.8%[41] - Basic earnings per share for the period were HKD 141,377,000, down from HKD 148,385,000 in 2024, indicating a decline of about 4.5%[39] Assets and Liabilities - Total assets increased by 5.8% to HKD 12,608,479 from HKD 11,914,252[3] - Total liabilities rose to HKD 8,425,389 thousand, up from HKD 7,797,698 thousand, indicating an increase of around 8.0%[9] - Total assets as of September 30, 2025, amounted to HKD 12,608,479, up from HKD 11,914,252 as of March 31, 2025, reflecting an increase of approximately 5.8%[25][26] - Total liabilities as of September 30, 2025, were HKD 8,425,389, compared to HKD 7,797,698 as of March 31, 2025, representing an increase of about 8.0%[25][26] - The total equity increased to HKD 4,183,090 thousand from HKD 4,116,554 thousand, reflecting a growth of about 1.6%[9] - The company’s borrowings decreased slightly to HKD 248,268 thousand from HKD 253,829 thousand, a reduction of approximately 2.2%[9] Cash Flow - The net cash flow from operating activities was HKD 101,478 thousand for the six months ended September 30, 2025, a significant improvement from a negative cash flow of HKD 166,811 thousand in the same period last year[10] - Cash and cash equivalents decreased by 9.8% to HKD 1,406,817 from HKD 1,560,253[3] - The company reported a net cash outflow from investing activities of HKD 493,864 thousand, compared to HKD 368,668 thousand in the previous year, indicating increased investment activity[10] Segment Performance - The group’s segment performance showed that the die-casting machines generated revenue of HKD 2,263,178 for the six months ended September 30, 2025, compared to HKD 1,622,828 in the same period of 2024, marking a growth of approximately 39.4%[28] - The injection molding machines reported revenue of HKD 920,164 for the six months ended September 30, 2025, up from HKD 881,269 in the same period of 2024, indicating an increase of about 4.4%[28] - The CNC machining center generated revenue of HKD 77,122 for the six months ended September 30, 2025, a decrease from HKD 90,351 in the same period of 2024, reflecting a decline of approximately 14.6%[28] Market and Product Development - The company plans to focus on market expansion and new product development in the upcoming periods[4] - The company is focusing on the development of TPI magnesium alloy semi-solid forming equipment, which has gained market recognition and is expected to drive further growth in the magnesium alloy die-casting sector[56] - The company continues to expand its presence in various sectors, including smart wearables and electric vehicles, enhancing its competitive edge in magnesium alloy applications[56] Employee and Operational Costs - Employee costs decreased to HKD 492,935,000 from HKD 544,427,000, a reduction of about 9.4% year-on-year[32] - The group’s research costs were HKD 56,196,000, slightly up from HKD 55,342,000 in the previous year, reflecting a marginal increase of about 1.5%[32] Corporate Governance - The company has adhered to all corporate governance codes as per the listing rules during the review period[75] - The board of directors includes Chairperson Zhang Qiaoying and executive directors Liu Zhuoming and Xie Xiaosi[80] - Independent non-executive directors include Liu Shaoji, Lu Minghua, and Yin Zijing[81]
力劲科技(00558.HK)11月27日举行董事会会议批准刊发中期业绩
Ge Long Hui· 2025-11-14 04:16
Core Points - The company, Lijian Technology (00558.HK), announced a board meeting scheduled for November 27, 2025, to approve the publication of its interim results for the six months ending September 30, 2025, and to consider the distribution of an interim dividend, if any [1]
力劲科技(00558) - 董事会会议日期
2025-11-14 04:01
力勁科技集團有限公司 L.K. Technology Holdings Limited ( 於開曼群島註冊成立之有限公司 ) (股份代號: 558) 香港,二零二五年十一月十四日 於本公布日期,執行董事為張俏英女士、劉卓銘先生及謝小斯先生;而獨立非執行董事為 劉紹濟博士、呂明華博士, PhD 、銀紫荊星章、太平紳士及陸東先生。 董事會會議日期 力勁科技集團有限公司(「本公司」)之董事會(「董事會」)宣布,將於二零二五年十一月二 十七日(星期四)舉行董事會會議,藉以(其中包括)批准刊發本公司及其附屬公司截至二零 二五年九月三十日止六個月之中期業績公布及考慮派發中期股息(如有)。 承董事會命 力勁科技集團有限公司 公司秘書 吳嘉雯 香港交易及結算所有限公司及香港聯合交易所有限公司對本公告的內容概不負責,對其準 確性或完整性亦不發表任何聲明,並明確表示,概不就因本公告全部或任何部分內容而產 生或因倚賴該等內容而引致的任何損失承擔任何責任。 ...