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Hilong Holding Ltd.
(1623)
Hilong Holding Ltd. (1623) vs. iShares MSCI Hong Kong ETF (EWH)
Hilong Holding Ltd. Business Overview & Revenue Model
Hilong Holding Ltd. Financial Statement Overview
| Breakdown | TTM | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 4.53B | 4.67B | 4.25B | 3.74B | 2.92B | 2.62B |
| Gross Profit | 944.91M | 1.12B | 915.47M | 1.07B | 898.32M | 693.98M |
| EBITDA | 494.63M | 665.60M | 825.86M | 819.81M | 675.11M | 404.84M |
| Net Income | -341.96M | 28.27M | 148.66M | 140.98M | 44.25M | -298.70M |
Balance Sheet | ||||||
| Total Assets | 7.58B | 8.08B | 7.96B | 7.80B | 7.07B | 7.37B |
| Cash, Cash Equivalents and Short-Term Investments | 740.18M | 934.21M | 958.78M | 869.65M | 818.06M | 875.17M |
| Total Debt | 2.50B | 2.71B | 2.89B | 3.13B | 3.06B | 3.15B |
| Total Liabilities | 4.63B | 4.82B | 4.63B | 4.45B | 4.03B | 4.25B |
| Stockholders Equity | 2.95B | 3.26B | 3.34B | 3.32B | 3.02B | 3.07B |
Cash Flow | ||||||
| Free Cash Flow | 0.00 | 143.22M | -41.21M | 417.07M | 312.51M | -42.22M |
| Operating Cash Flow | 0.00 | 421.56M | 219.72M | 556.15M | 453.81M | 20.53M |
| Investing Cash Flow | 0.00 | -193.63M | 286.36M | -103.10M | -23.55M | -24.75M |
| Financing Cash Flow | 0.00 | -378.26M | -495.47M | -320.97M | -492.44M | -56.62M |
Hilong Holding Ltd. Technical Analysis
Hilong Holding Ltd. Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
75 Outperform | HK$3.44B | 10.37 | 8.78% | 3.59% | 10.16% | 49.48% | |
65 Neutral | $15.17B | 7.61 | 4.09% | 5.20% | 3.87% | -62.32% | |
58 Neutral | HK$131.23M | -4.50 | -16.54% | ― | -36.59% | 48.63% | |
50 Neutral | HK$6.58B | -30.56 | -20.65% | ― | 17.21% | 59.09% | |
48 Neutral | HK$396.97M | -1.08 | -11.09% | ― | -2.11% | -779.00% | |
43 Neutral | HK$337.07M | -7.25 | -10.68% | ― | 0.97% | 33.70% | |
43 Neutral | HK$9.20B | -374.85 | -1.68% | ― | 4.66% | -432.65% |
Hilong Holding Ltd. Corporate Events
Hilong Holding Limited has issued a quarterly update on its action plan to address the auditor’s disclaimer of opinion, reporting substantial progress in restructuring its 9.75% senior secured notes due 2024, with over 90% of noteholders consenting to proposed amendments and completion of the restructuring expected in early February 2026. The company highlighted that shareholders have already approved the US$100 million disposal of a vessel, with at least 45% of net proceeds earmarked for reducing liabilities under the 2024 notes, while management is simultaneously intensifying receivables collection, considering legal action on long-outstanding debts, and renegotiating supplier contracts and discretionary spending to cut costs and strengthen cash flow. These measures are designed to improve liquidity, reduce leverage and operational expenses, and ultimately resolve the auditor’s disclaimer, a key step for restoring investor confidence and stabilising the group’s financial and market standing.
The most recent analyst rating on (HK:1623) stock is a Hold with a HK$0.22 price target. To see the full list of analyst forecasts on Hilong Holding Ltd. stock, see the HK:1623 Stock Forecast page.
Hilong Holding Limited has secured confirmations from holders representing over 90% of the aggregate principal amount of its 9.75% senior secured notes due 2024 to consent to proposed amendments underpinning its offshore debt restructuring, signalling broad creditor support for its liability management efforts. To allow remaining investors to complete voting procedures, the company has extended the consent solicitation expiration time from 28 January 2026 to 2 February 2026 and now expects to complete the restructuring next week, with the effective date anticipated around 6 February 2026 and the first mandatory redemption of 2.5% of principal to occur three business days after that date, potentially easing near-term refinancing pressure and providing greater visibility for noteholders on the revised repayment schedule.
The most recent analyst rating on (HK:1623) stock is a Hold with a HK$0.18 price target. To see the full list of analyst forecasts on Hilong Holding Ltd. stock, see the HK:1623 Stock Forecast page.
Hilong Holding Limited has announced a further extension of the expiration time for its consent solicitation related to the proposed offshore restructuring of its 9.75% senior secured notes due 2024, moving the deadline from 22 January 2026 to 28 January 2026, London time. The extension gives eligible institutional holders of the notes additional time to consider and respond to the company’s restructuring proposal, signaling Hilong’s continued efforts to secure sufficient creditor consent to proceed with its offshore debt workout and potentially stabilise its capital structure, while existing instructions from noteholders remain valid and no further action is required from those who have already submitted them.
The most recent analyst rating on (HK:1623) stock is a Hold with a HK$0.18 price target. To see the full list of analyst forecasts on Hilong Holding Ltd. stock, see the HK:1623 Stock Forecast page.
Hilong Holding Limited has issued a supplemental announcement regarding its recent board appointment, clarifying that newly appointed independent non-executive director Mr. Yan Jiantao is 51 years old. With this addition, the company confirms the updated composition of its board, which now includes one executive director, four non-executive directors and four independent non-executive directors, underscoring its continued emphasis on corporate governance and independent oversight.
The most recent analyst rating on (HK:1623) stock is a Hold with a HK$0.18 price target. To see the full list of analyst forecasts on Hilong Holding Ltd. stock, see the HK:1623 Stock Forecast page.
Hilong Holding Limited has announced a further extension of the expiration time for its consent solicitation related to the proposed offshore restructuring of its 9.75% senior secured notes due 2024, moving the deadline from 12 January 2026 to 22 January 2026, London time. The extension gives institutional and offshore noteholders more time to consider and submit consents on the restructuring terms, while preserving previously submitted instructions, and underscores the company’s ongoing efforts to complete a complex debt workout that could materially affect its capital structure and creditor recoveries.
The most recent analyst rating on (HK:1623) stock is a Hold with a HK$0.18 price target. To see the full list of analyst forecasts on Hilong Holding Ltd. stock, see the HK:1623 Stock Forecast page.
Hilong Holding Limited has appointed Mr. Yan Jiantao as an independent non-executive director with effect from 9 January 2026, strengthening the independence and governance structure of its board. Mr. Yan brings extensive experience in energy, policy and regulatory affairs from senior roles at Fidelity Energy Holding, Senton Energy, BP (China) and other organisations, and will serve a three-year term on an annual remuneration of HK$240,000, with the board expressing confidence that his appointment will support the company’s strategic expansion and business development.
The most recent analyst rating on (HK:1623) stock is a Hold with a HK$0.18 price target. To see the full list of analyst forecasts on Hilong Holding Ltd. stock, see the HK:1623 Stock Forecast page.
Hilong Holding Limited has released an updated list of its directors and their respective roles and functions, detailing the composition of the board and its key committees. The statement confirms that Chairman of the Board Zhang Jun serves as Executive Chairman and Co-Chief Executive Officer, while other board members are allocated to the Audit, Nomination and Remuneration Committees, with independent non-executive directors taking on chairmanships and membership responsibilities across these bodies, underscoring the company’s emphasis on governance structure and oversight.
The most recent analyst rating on (HK:1623) stock is a Hold with a HK$0.18 price target. To see the full list of analyst forecasts on Hilong Holding Ltd. stock, see the HK:1623 Stock Forecast page.
Hilong Holding Limited announced that all resolutions proposed at its first extraordinary general meeting of 2026, held on 9 January, were approved by independent shareholders by way of poll, each receiving 100% of votes cast in favour. The approvals cover the renewal of several 2026 tenancy agreements, including the Beijing Huashi, Shine New Materials and Pipeline tenancy agreements, along with their respective annual caps, and authorize the board to execute all necessary documents and actions to implement these arrangements, reinforcing continuity in the group’s related-party leasing structure and providing clarity over future rental commitments for stakeholders.
The most recent analyst rating on (HK:1623) stock is a Hold with a HK$0.18 price target. To see the full list of analyst forecasts on Hilong Holding Ltd. stock, see the HK:1623 Stock Forecast page.
Hilong Holding Limited has announced that the scheduled High Court hearing of a winding-up petition against the company, originally set for 5 January 2026, has been vacated and adjourned to 2 March 2026 following a joint application by the petitioner, the company and opposing creditors. The adjournment extends the period of uncertainty surrounding the company’s financial position and legal outcome, and Hilong has urged shareholders and potential investors to exercise caution when dealing in its securities while it continues to provide further updates on significant developments related to the petition.
The most recent analyst rating on (HK:1623) stock is a Hold with a HK$0.18 price target. To see the full list of analyst forecasts on Hilong Holding Ltd. stock, see the HK:1623 Stock Forecast page.
Hilong Holding Limited has called its first extraordinary general meeting of 2026 for 9 January in Shanghai, where shareholders will vote on a series of renewed tenancy and management agreements with related parties. The resolutions seek approval, confirmation and ratification of the 2026 renewed Beijing Huashi, Shine New Materials and Pipeline tenancy agreements, as well as the 2026 Longdi management agreements, along with their proposed annual caps, and would authorise directors to implement, amend or waive terms as they deem necessary in the company’s interests, underscoring ongoing efforts to formalise and manage key operational arrangements for its facilities and services.
The most recent analyst rating on (HK:1623) stock is a Hold with a HK$0.18 price target. To see the full list of analyst forecasts on Hilong Holding Ltd. stock, see the HK:1623 Stock Forecast page.
Hilong Holding Limited has granted 50,257,216 existing shares under its 2023 Share Award Scheme to 107 employees, including co-chief executive officer Gao Zhihai, representing 2.96% of the company’s issued share capital and with an aggregate market value of about HK$9.85 million. The awards, which use only shares purchased by a trustee and therefore do not dilute existing shareholders, will vest in three tranches over three years and form part of Hilong’s long-term incentive and retention framework, with the grant to the connected person Mr. Gao approved by independent committees and qualifying for exemptions under Hong Kong’s connected transaction rules.
The most recent analyst rating on (HK:1623) stock is a Hold with a HK$0.18 price target. To see the full list of analyst forecasts on Hilong Holding Ltd. stock, see the HK:1623 Stock Forecast page.
Hilong Holding Ltd. has announced the renewal of several tenancy and management agreements for 2026, involving leases for office and manufacturing spaces with various associated companies. These agreements, which include the 2026 Renewed Tenancy CCT Agreements and the 2026 Longdi Management Agreements, are significant due to their connection with Mr. Zhang, a controlling shareholder and director, making them connected transactions under the Hong Kong Listing Rules. The aggregate annual cap for these transactions is set at RMB47,304,000, indicating a substantial financial commitment and reflecting the company’s ongoing operational strategies.
The most recent analyst rating on (HK:1623) stock is a Hold with a HK$0.18 price target. To see the full list of analyst forecasts on Hilong Holding Ltd. stock, see the HK:1623 Stock Forecast page.
Hilong Holding Limited announced the closure of its register of members from January 6 to January 9, 2026, to determine shareholder eligibility for attending and voting at the upcoming Extraordinary General Meeting (EGM). This move is part of the company’s ongoing efforts to manage its connected transactions and investment agreements, which are crucial for its operational and strategic positioning. The closure is significant for stakeholders as it impacts share transfer registration and voting rights during this period.
The most recent analyst rating on (HK:1623) stock is a Hold with a HK$0.18 price target. To see the full list of analyst forecasts on Hilong Holding Ltd. stock, see the HK:1623 Stock Forecast page.
Hilong Holding Ltd. has announced the launch of a consent solicitation for the restructuring of its 9.75% Senior Secured Notes due 2024. This initiative aims to amend certain terms of the existing indenture, including extending the maturity of the notes and potentially replacing the trustee, to improve the company’s financial standing and provide more flexibility in its debt management strategy.
The most recent analyst rating on (HK:1623) stock is a Hold with a HK$0.18 price target. To see the full list of analyst forecasts on Hilong Holding Ltd. stock, see the HK:1623 Stock Forecast page.