Company Overview - China Longyuan Holdings Limited is listed on the Hong Kong Stock Exchange with the stock code "00110.HK" and was formerly known as "Longyuan Telecom Network Group Limited" [2] - The company was founded on February 18, 1992, by the Liu brothers in Hong Kong and has its headquarters in Hong Kong with a Chinese headquarters in Shanghai [2] - The core business includes three main sectors: resources, telecommunications, and investments [2] - The company has over 300 employees and has a stable shareholder structure and a professional management team [2] Financial Performance - As of December 31, 2024, China Longyuan reported total revenue of 40.41 million HKD, a year-on-year decrease of 46.49% [1] - The net profit attributable to shareholders was -29.18 million HKD, representing a year-on-year decrease of 149.77% [1] - The gross profit margin stood at 3.57%, while the debt-to-asset ratio was 122.72% [1] Stock Performance - As of August 20, the Hang Seng Index rose by 0.17% to 25,165.94 points [1] - China Longyuan's stock closed at 0.182 HKD per share, up 9.64%, with a trading volume of 189,800 shares and a turnover of 33,900 HKD, showing a volatility of 9.64% [1] - Over the past month, the stock has increased by 3.75%, but it has decreased by 12.17% year-to-date, underperforming the Hang Seng Index, which has risen by 25.24% [1] Valuation Metrics - The average price-to-earnings (P/E) ratio for the information technology equipment industry is 41.63 times, with a median of 5.62 times [1] - China Longyuan's P/E ratio is -1.34 times, ranking 53rd in the industry [1] - Comparatively, other companies in the industry have P/E ratios such as Changhong Jiahua (3.67), SIS International (3.78), Southern Communications (4.56), Putian Communication Group (6.67), and China Communication Services (8.55) [1]