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China Hongqiao Group Ltd. ( (HK:1378) ) has provided an update.
China Hongqiao Group Limited has highlighted the first-quarter 2026 performance of its key subsidiary, Shandong Hongqiao Aluminum Industry Holding Company Limited, in a voluntary update to investors. The company indirectly owns nearly 89% of the Shenzhen-listed unit, whose results are consolidated into the group’s overall financial statements.
For the three months ended 31 March 2026, Hongqiao Holdings reported a 3.21% year-on-year rise in operating revenue to RMB 40.93 billion and a 37.56% jump in net profit attributable to shareholders to RMB 6.76 billion. Net cash flow from operating activities improved 15.78% to RMB 9.24 billion, while weighted average return on equity climbed 2.93 percentage points to 13.81%, signaling stronger profitability and operational efficiency.
Despite a slight 1.41% decline in total assets to RMB 109.71 billion, equity attributable to shareholders rose 14.71% to RMB 52.28 billion by quarter-end. The improved earnings per share and higher shareholder equity underscore a solid start to 2026 for Hongqiao Holdings, reinforcing China Hongqiao’s financial strength and potentially enhancing confidence among investors in the group’s aluminum operations.
The most recent analyst rating on (HK:1378) stock is a Buy with a HK$43.90 price target. To see the full list of analyst forecasts on China Hongqiao Group Ltd. stock, see the HK:1378 Stock Forecast page.
More about China Hongqiao Group Ltd.
China Hongqiao Group Limited is a leading aluminum producer, operating through its major subsidiary Shandong Hongqiao Aluminum Industry Holding Company Limited, which is listed on the Main Board of the Shenzhen Stock Exchange. The group focuses on the production and sale of aluminum and related products, with a significant presence in China’s industrial metals market and strong integration across its value chain.
Average Trading Volume: 43,596,532
Technical Sentiment Signal: Buy
Current Market Cap: HK$351.7B
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