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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 | TTM | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 36.50B | 29.23B | 21.06B | 18.29B | 12.45B | 7.76B |
| Gross Profit | 7.11B | 5.35B | 3.38B | 4.49B | 1.52B | 952.66M |
| EBITDA | 6.63B | 4.81B | 2.96B | 3.91B | 1.61B | 795.99M |
| Net Income | 2.61B | 1.77B | 1.05B | 1.74B | 1.10B | 520.16M |
Balance Sheet | ||||||
| Total Assets | 43.54B | 37.96B | 30.68B | 20.84B | 12.28B | 3.88B |
| Cash, Cash Equivalents and Short-Term Investments | 6.37B | 5.03B | 4.62B | 4.45B | 1.41B | 409.30M |
| Total Debt | 16.40B | 13.85B | 11.53B | 6.29B | 4.76B | 1.03B |
| Total Liabilities | 24.24B | 20.27B | 17.19B | 8.81B | 7.11B | 2.49B |
| Stockholders Equity | 11.59B | 10.76B | 9.19B | 8.48B | 3.14B | 1.39B |
Cash Flow | ||||||
| Free Cash Flow | 1.91B | -1.49B | -4.20B | -1.90B | 427.80M | 812.70M |
| Operating Cash Flow | 4.33B | 4.23B | 2.57B | 2.00B | 811.32M | 889.31M |
| Investing Cash Flow | -2.39B | -5.67B | -7.40B | -3.78B | -643.30M | -364.80M |
| Financing Cash Flow | -898.41M | 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 |
|---|---|---|---|---|---|---|---|
76 Outperform | HK$39.21B | 13.91 | 24.57% | 1.89% | 60.77% | 100.45% | |
67 Neutral | HK$4.01B | 10.81 | 4.82% | 6.84% | 160.79% | -28.92% | |
61 Neutral | $10.43B | 7.12 | -0.05% | 2.87% | 2.86% | -36.73% | |
55 Neutral | HK$1.95B | -15.63 | ― | ― | 10.29% | 47.66% | |
44 Neutral | HK$2.25B | -3.90 | -14.35% | ― | -31.35% | -71.37% | |
41 Neutral | HK$702.87M | -0.81 | -44.33% | ― | 2.05% | 27.51% | |
41 Neutral | HK$825.94M | -24.05 | -7.49% | ― | ― | -164.29% |
Lygend Resources & Technology Co., Ltd. Class H Corporate Events
Lygend Resources & Technology has moved to refine the corporate and tax structure of its Indonesian hydrometallurgical slag treatment project through the creation of a new joint venture vehicle, BJL, under a shareholders’ agreement between its connected subsidiary BBS and its wholly owned unit BMS. BJL will have an initial investment of about US$505 million and authorised share capital of IDR1.33 trillion, with BBS holding 99.999925% and BMS 0.000075%, a structure designed chiefly to secure Indonesian tax incentives and reduce the project’s long-term tax burden. As the joint venture involves connected parties aligned with substantial shareholder Ms. Lim, it is treated as a connected transaction under Hong Kong listing rules, though the board stresses that BJL largely mirrors the previously approved BBS framework, representing an implementation refinement rather than a material change to the project’s core economics, governance or overall structure, and is viewed as beneficial to shareholders by optimising future returns from the Indonesian operation.
The most recent analyst rating on (HK:2245) stock is a Buy with a HK$27.00 price target. To see the full list of analyst forecasts on Lygend Resources & Technology Co., Ltd. Class H stock, see the HK:2245 Stock Forecast page.
Lygend Resources & Technology has issued a clarification to its 2024 annual report, correcting the disclosed total remuneration of chairman and executive director Cai Jianyong for 2024 to RMB 25.177 million from the previously stated RMB 37.521 million. The company attributed the discrepancy to an inadvertent tabulation error in performance-related bonus data and confirmation procedures, stressing that all other information in the annual report remains unchanged, which limits the impact to a single executive compensation figure rather than broader financial or operational metrics.
The most recent analyst rating on (HK:2245) stock is a Hold with a HK$20.50 price target. To see the full list of analyst forecasts on Lygend Resources & Technology Co., Ltd. Class H stock, see the HK:2245 Stock Forecast page.
Lygend Resources & Technology has moved a step closer to a dual listing in mainland China, submitting application materials for an initial public offering of its A shares on the Main Board of the Shenzhen Stock Exchange and receiving formal acceptance of the filing on 31 December 2025. The proposed A share offering, which remains subject to approvals from the Shenzhen Stock Exchange, the China Securities Regulatory Commission and other regulators, could broaden the company’s investor base and enhance liquidity, but the board cautioned shareholders and potential investors that there is no assurance the transaction will proceed or be completed successfully and urged caution in dealing in its securities until further updates are disclosed.
The most recent analyst rating on (HK:2245) stock is a Hold with a HK$20.50 price target. To see the full list of analyst forecasts on Lygend Resources & Technology Co., Ltd. Class H stock, see the HK:2245 Stock Forecast page.
Lygend Resources & Technology Co., Ltd. announced the poll results of its extraordinary general meeting held on 19 December 2025 in Ningbo, confirming that all proposed ordinary resolutions related to historical related-party transactions were duly passed. After required abstentions by certain interested shareholders, independent shareholders approved, by 100% of votes cast, the ratification of related-party transactions with Lygend Investment for financial years 2022–2024 and the first half of 2025, and by about 80% of votes cast approved the related-party transactions with an Indonesian Partner for the same periods, with no votes against; all directors attended, and an external registrar and the company’s financial controller oversaw the vote counting. The outcome reinforces the company’s corporate governance processes around connected transactions, provides formal shareholder endorsement of significant dealings with key affiliates and overseas partners, and may help support regulatory compliance and investor confidence in its ongoing operations and partnership structures.
The most recent analyst rating on (HK:2245) stock is a Hold with a HK$20.50 price target. To see the full list of analyst forecasts on Lygend Resources & Technology Co., Ltd. Class H stock, see the HK:2245 Stock Forecast page.
Lygend Resources & Technology Co., Ltd. has announced an Extraordinary General Meeting (EGM) scheduled for December 19, 2025, to discuss and approve related-party transactions for the years 2022 to 2025. The meeting will address transactions with Lygend Investment, an Indonesian partner, and other related parties, impacting the company’s operational transparency and stakeholder relations.
The most recent analyst rating on (HK:2245) stock is a Hold with a HK$20.50 price target. To see the full list of analyst forecasts on Lygend Resources & Technology Co., Ltd. Class H stock, see the HK:2245 Stock Forecast page.
Lygend Resources & Technology Co., Ltd. has announced the closure of its register of members for an extraordinary general meeting (EGM) scheduled for 19 December 2025. This closure will take place from 16 December to 19 December 2025, during which no transfer of the company’s H shares will be registered. Shareholders must submit transfer documents by 15 December 2025 to be eligible to attend and vote at the EGM. This meeting is significant for stakeholders as it may influence future company decisions and strategies.
The most recent analyst rating on (HK:2245) stock is a Hold with a HK$20.50 price target. To see the full list of analyst forecasts on Lygend Resources & Technology Co., Ltd. Class H stock, see the HK:2245 Stock Forecast page.
Lygend Resources & Technology Co., Ltd. has announced its proposed initial public offering (IPO) and listing of A shares on the main board of the Shenzhen Stock Exchange. The company has confirmed that its related-party transactions for the years 2022, 2023, 2024, and the first half of 2025 comply with relevant PRC laws and regulations. These transactions were conducted on an arm’s length basis and are deemed valid civil juristic acts. The IPO is subject to regulatory approvals, and there is no assurance of its successful completion. Shareholders and investors are advised to exercise caution, as further updates will be provided in accordance with applicable laws.
The most recent analyst rating on (HK:2245) stock is a Hold with a HK$20.50 price target. To see the full list of analyst forecasts on Lygend Resources & Technology Co., Ltd. Class H stock, see the HK:2245 Stock Forecast page.