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Lygend Resources & Technology Co., Ltd. Class H
(2245)
Lygend Resources & Technology Co., Ltd. Class H (2245) vs. iShares MSCI Hong Kong ETF (EWH)
Lygend Resources & Technology Co., Ltd. Class H Business Overview & Revenue Model
Lygend Resources & Technology Co., Ltd. Class H Financial Statement Overview
| Breakdown | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 29.23B | 21.06B | 18.29B | 12.45B | 7.76B |
| Gross Profit | 5.35B | 3.38B | 4.49B | 1.52B | 952.66M |
| EBITDA | 4.64B | 2.96B | 3.91B | 1.61B | 795.99M |
| Net Income | 1.77B | 1.05B | 3.03B | 1.10B | 520.16M |
Balance Sheet | |||||
| Total Assets | 37.96B | 30.68B | 20.84B | 12.28B | 3.88B |
| Cash, Cash Equivalents and Short-Term Investments | 5.03B | 4.62B | 4.45B | 1.41B | 409.30M |
| Total Debt | 13.85B | 11.53B | 6.29B | 4.76B | 1.03B |
| Total Liabilities | 20.27B | 17.19B | 8.81B | 7.11B | 2.49B |
| Stockholders Equity | 10.76B | 9.19B | 8.48B | 3.14B | 1.39B |
Cash Flow | |||||
| Free Cash Flow | -1.49B | -4.20B | -1.90B | 427.80M | 812.70M |
| Operating Cash Flow | 4.23B | 2.57B | 2.00B | 811.32M | 889.31M |
| Investing Cash Flow | -5.67B | -7.40B | -3.78B | -643.30M | -364.80M |
| Financing Cash Flow | 1.85B | 4.95B | 4.58B | 997.24M | -453.18M |
Lygend Resources & Technology Co., Ltd. Class H Technical Analysis
Lygend Resources & Technology Co., Ltd. Class H Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
73 Outperform | HK$22.73B | 11.48 | 17.83% | 2.68% | 36.51% | 66.77% | |
44 Neutral | AU$1.45B | -6.10 | -40.74% | 3.82% | -3.45% | -41.76% | |
| ― | $248.89M | ― | -5.26% | ― | ― | ― | |
| ― | $410.50M | 8.16 | 7.21% | 4.41% | ― | ― | |
| ― | $105.84M | ― | -6.77% | ― | ― | ― | |
| ― | €90.55M | ― | -4.73% | ― | ― | ― | |
| ― | €133.06M | ― | -26.13% | ― | ― | ― |
Lygend Resources & Technology Co., Ltd. Class H Corporate Events
Lygend Resources & Technology Co., Ltd. has issued a positive profit alert, expecting a significant increase in profit for the first half of 2025, ranging between RMB1,200 million to RMB1,500 million, marking a rise of approximately 104.4% to 155.5% compared to the previous year. This growth is attributed to the increased production capacity from its ONC and KPS projects, alongside improvements in cost management and production processes, which have bolstered the company’s profitability.
Lygend Resources & Technology Co., Ltd. held an Extraordinary General Meeting where shareholders approved several key resolutions, including the cancellation of the Board of Supervisors, amendments to the Articles of Association, and the election of an employee representative director. The meeting also saw unanimous approval for the company’s plans to initiate an initial public offering (IPO) and list its A Shares on the Main Board, with the authorization granted to the Board to manage the IPO-related matters. This strategic move is expected to enhance the company’s market presence and financial capabilities, potentially impacting its industry positioning and stakeholder interests positively.
Lygend Resources & Technology Co., Ltd. has announced the composition of its board of directors and the establishment of four committees, each with specific roles and responsibilities. This organizational structure aims to enhance governance and operational efficiency, potentially strengthening the company’s position in the industry and providing clearer oversight for stakeholders.
Lygend Resources & Technology Co., Ltd. has announced an extraordinary general meeting to discuss several key resolutions, including the cancellation of the Board of Supervisors, the initial public offering (IPO) of A Shares on the Main Board, and related amendments to the Articles of Association. The meeting will also address investment projects financed by IPO proceeds, profit distribution plans, and price stabilization proposals. These resolutions aim to strengthen the company’s financial position and market competitiveness, potentially impacting stakeholders by enhancing shareholder value and operational efficiency.
Lygend Resources & Technology Co., Ltd. has announced the closure of its register of members in preparation for an extraordinary general meeting (EGM) scheduled for June 23, 2025. This closure, effective from June 18 to June 23, 2025, is a procedural step to determine shareholder eligibility for voting at the EGM. The announcement underscores the company’s ongoing corporate governance processes and provides shareholders with information on how to ensure their participation in the upcoming meeting.
Lygend Resources & Technology Co., Ltd. has established a Remuneration Committee to enhance its corporate governance by formulating and reviewing remuneration policies for directors and senior management. This initiative aims to create a transparent and effective remuneration management system, aligning with the company’s strategic goals and regulatory requirements. The committee is responsible for making recommendations on remuneration packages, ensuring fairness and consistency with contractual terms, and considering industry standards to maintain competitiveness.
Lygend Resources & Technology Co., Ltd. has established an Audit Committee to strengthen its board’s decision-making capabilities and enhance corporate governance. The committee will oversee the company’s financial reporting, risk management, and internal control systems, and ensure the independence and effectiveness of external audits. This move aims to improve transparency and accountability within the company, potentially boosting stakeholder confidence.
Lygend Resources & Technology Co., Ltd. has announced a series of proposals including the cancellation of its Board of Supervisors, amendments to its Articles of Association, and the initiation of an A-share public offering on the Shenzhen Stock Exchange’s Main Board. The company aims to issue new RMB ordinary shares, representing a significant portion of its share capital, to enhance its market presence and align with future development strategies. These changes are expected to streamline governance and support the company’s growth objectives, without compromising shareholder protection.
Lygend Resources & Technology Co., Ltd. has established a Nomination Committee to enhance its board’s selection and appointment processes. This initiative aims to improve corporate governance by reviewing board structure and diversity, aligning with the company’s strategic goals, and ensuring compliance with relevant regulations. The committee will focus on board diversity and the nomination process, impacting the company’s governance and stakeholder engagement.
Lygend Resources & Technology Co., Ltd. held its Annual General Meeting (AGM) on May 21, 2025, where all proposed resolutions were unanimously approved by shareholders. The meeting, conducted in compliance with the PRC Company Law and the company’s Articles of Association, saw significant shareholder participation, with 85.05% of the issued share capital represented. Key resolutions included the approval of the directors’ and supervisors’ reports, the annual report, and the financial statements for 2024, as well as the financial budget for 2025. The approval of these resolutions indicates strong shareholder support for the company’s strategic direction and governance.
Lygend Resources & Technology Co., Ltd. has announced an update to its proposed final cash dividend for the year ended December 31, 2024. The dividend will be paid at RMB 0.35 per share, with a default payment in Hong Kong Dollars at HKD 0.38 per share, reflecting an exchange rate of RMB 1 to HKD 0.9211. The announcement includes details on withholding tax rates applicable to different categories of shareholders, which may impact the net dividend received by non-resident and resident shareholders.
Lygend Resources & Technology Co., Ltd., a joint stock company incorporated in China, has announced its 2024 Annual General Meeting (AGM) scheduled for May 21, 2025. The AGM will address several key resolutions, including the approval of the company’s financial reports for 2024, the re-appointment of auditors, and the remuneration of directors and senior management for 2025. Additionally, the meeting will consider the proposed change in the use of proceeds from the Global Offering and the provision of guarantees by the company and its subsidiaries. These resolutions are significant as they will impact the company’s financial planning and governance structure for the upcoming year.