Group 1 - The core viewpoint of the article highlights that Hongxing Printing Group (00450.HK) reported a significant decline in revenue from its main business segment, books and packaging printing, which fell by 15% year-on-year to HKD 647.1 million [1] - The company recorded a loss attributable to equity holders of approximately HKD 49 million, compared to a loss of HKD 4 million in the same period last year [1] - The group maintains a strong cash position with total deposits and cash amounting to approximately HKD 760 million, including structured deposits, allowing for flexible resource allocation to address market challenges and drive future growth [1] Group 2 - The board of directors announced an interim dividend of HKD 0.03 per share, down from HKD 0.04 per share in 2024 [1]

Company Overview - Hong Hing Printing Group Limited is a Hong Kong investment holding company engaged in printing business, operating through four main divisions: book and packaging printing, consumer product packaging, corrugated carton supply, and paper trading [3]. Financial Performance - As of December 31, 2024, Hong Hing Printing Group reported total revenue of 2.032 billion yuan, a year-on-year decrease of 8.05% [2]. - The company recorded a net profit attributable to shareholders of -40.1568 million yuan, representing a year-on-year decline of 132.08% [2]. - The gross profit margin stood at 13.97%, while the debt-to-asset ratio was 13.88% [2]. Stock Performance - Over the past month, Hong Hing Printing Group has seen a cumulative increase of 1.04%, but it has declined by 1.02% year-to-date, underperforming the Hang Seng Index, which has risen by 13.54% [2]. - The stock closed at 1.05 HKD per share on May 9, with an increase of 8.25% and a trading volume of 220,000 shares [1]. Valuation Metrics - The company's price-to-earnings (P/E) ratio is -20.31, ranking 29th in its industry, while the average P/E ratio for the industrial support sector is 17.88 [2]. - Comparatively, other companies in the sector have P/E ratios such as Zhongbao New Materials at 2.21, Changda Holdings at 2.67, and Shenglong Jinxiu International at 3.03 [2].