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China Hanking Holdings Ltd.
(3788)
China Hanking Holdings Ltd. (3788) vs. iShares MSCI Hong Kong ETF (EWH)
China Hanking Holdings Ltd. Business Overview & Revenue Model
China Hanking Holdings Ltd. Financial Statement Overview
| Breakdown | TTM | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 2.62B | 2.48B | 3.03B | 2.60B | 3.13B | 2.68B |
| Gross Profit | 687.36M | 673.56M | 621.95M | 358.00M | 1.22B | 917.98M |
| EBITDA | 485.63M | 495.72M | 437.69M | 221.99M | 1.10B | 771.49M |
| Net Income | 177.79M | 180.94M | 151.80M | -51.30M | 658.96M | 379.44M |
Balance Sheet | ||||||
| Total Assets | 4.05B | 3.59B | 3.61B | 3.36B | 3.81B | 3.26B |
| Cash, Cash Equivalents and Short-Term Investments | 449.87M | 359.93M | 664.94M | 249.81M | 280.49M | 181.24M |
| Total Debt | 1.10B | 905.00M | 789.02M | 608.17M | 645.97M | 743.87M |
| Total Liabilities | 2.51B | 2.15B | 2.16B | 2.08B | 2.24B | 2.10B |
| Stockholders Equity | 1.53B | 1.43B | 1.40B | 1.27B | 1.56B | 1.16B |
Cash Flow | ||||||
| Free Cash Flow | -84.93M | 40.38M | 185.36M | 38.91M | 781.52M | 817.63M |
| Operating Cash Flow | -45.98M | 178.67M | 318.96M | 194.06M | 1.00B | 939.57M |
| Investing Cash Flow | -420.94M | -68.22M | -114.97M | -43.68M | -489.96M | -497.18M |
| Financing Cash Flow | 572.52M | -22.01M | -67.16M | -298.89M | -421.44M | -301.26M |
China Hanking Holdings Ltd. Technical Analysis
China Hanking Holdings Ltd. Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
68 Neutral | HK$9.32B | 22.85 | 5.44% | 1.90% | -10.53% | 13.93% | |
62 Neutral | HK$9.57B | 43.13 | 11.79% | 1.06% | -6.73% | -21.30% | |
61 Neutral | $10.43B | 7.12 | -0.05% | 2.87% | 2.86% | -36.73% | |
54 Neutral | HK$5.21B | 18.74 | 1.16% | 0.76% | -14.11% | ― | |
49 Neutral | $32.80B | -9.47 | -8.13% | ― | -10.10% | 10.40% | |
47 Neutral | HK$26.31B | -4.29 | -8.39% | ― | -9.09% | 34.73% | |
47 Neutral | HK$15.07B | -5.00 | -12.42% | ― | -14.20% | 8.19% |
China Hanking Holdings Ltd. Corporate Events
China Hanking Holdings Limited has raised new equity capital through the issuance of shares under its existing general mandate, reinforcing its financial position without altering its substantial shareholder base. The company completed a subscription of 43,960,000 new shares at HK$3.80 per share to four independent investors, alongside the placing of 162,040,000 new shares at the same price to at least six independent placees, with both transactions finalized on 29 January 2026; all subscribers and placees remain below the threshold for substantial shareholders, indicating a broadening of the shareholder base while limiting ownership concentration.
The most recent analyst rating on (HK:3788) stock is a Hold with a HK$5.00 price target. To see the full list of analyst forecasts on China Hanking Holdings Ltd. stock, see the HK:3788 Stock Forecast page.
China Hanking Holdings Limited has called an extraordinary general meeting (EGM) for 12 February 2026 in Shenyang to seek shareholder approval for a special resolution to change its English name to Hanking Gold International Limited and its dual foreign Chinese name accordingly. The proposed rebranding underscores the company’s strategic emphasis on its gold-focused mining operations and an international market image, while the notice also details standard arrangements for shareholder participation, proxy voting, and share registration ahead of the meeting.
The most recent analyst rating on (HK:3788) stock is a Hold with a HK$5.50 price target. To see the full list of analyst forecasts on China Hanking Holdings Ltd. stock, see the HK:3788 Stock Forecast page.
China Hanking Holdings Limited has entered into separate subscription agreements with four investors to issue and allot a total of 43.96 million new shares under its general mandate at HK$3.80 per share, representing discounts of about 18.28%, 16.19% and 2.21% to the latest, 5-day and 30-day average closing prices respectively. The subscription shares represent roughly 2.16% of the company’s existing issued share capital and about 1.96% of its enlarged share capital after both this subscription and an accompanying placing of new shares, and are expected to raise gross proceeds of around HK$167.05 million (net approximately HK$164.76 million), providing additional equity capital that may bolster the company’s balance sheet and financial flexibility with limited dilution to existing shareholders, as each subscription completion is independent of the others.
The most recent analyst rating on (HK:3788) stock is a Hold with a HK$5.00 price target. To see the full list of analyst forecasts on China Hanking Holdings Ltd. stock, see the HK:3788 Stock Forecast page.
China Hanking Holdings Limited announced a sweeping leadership reshuffle effective 14 January 2026, including the resignation of chairman, chief executive officer and president Mr. Yang Jiye and executive director and chief operating officer Mr. Zheng Xuezhi, both stepping down to devote more time to other business commitments. Executive director Dr. Qiu Yumin has been promoted to chief executive officer and president to drive the group’s strategic shift into gold production and accelerate advancement of the Mt Bundy Gold Project toward construction and commissioning, while founder shareholder and former non‑executive director Mr. Xia Zhuo has been appointed chairman of the board to support this transformation. The company also strengthened its governance and administrative structure by appointing new executive directors, replacing joint company secretaries and authorised representatives, designating a new process agent, and adjusting key board committee roles, moves that collectively aim to align management and oversight with its new strategic direction and may influence operational execution and stakeholder confidence during the transition.
The most recent analyst rating on (HK:3788) stock is a Hold with a HK$4.50 price target. To see the full list of analyst forecasts on China Hanking Holdings Ltd. stock, see the HK:3788 Stock Forecast page.
China Hanking Holdings Limited has announced the current composition of its board of directors, comprising executive, non-executive, and independent non-executive directors, reflecting a typical governance structure for a Hong Kong-listed company. The company also detailed the membership and leadership of its four key board committees—Nomination, Remuneration, Audit, and Health, Safety, Environmental Protection and Community—clarifying the specific roles of individual directors and reinforcing its corporate governance framework and oversight structure for stakeholders.
The most recent analyst rating on (HK:3788) stock is a Hold with a HK$4.50 price target. To see the full list of analyst forecasts on China Hanking Holdings Ltd. stock, see the HK:3788 Stock Forecast page.
China Hanking Holdings Limited plans to change its English name to Hanking Gold International Limited and adopt a new Chinese name, subject to shareholder approval at an extraordinary general meeting and approval by the Cayman Islands Registrar of Companies, with corresponding changes to its stock short names on the Hong Kong Stock Exchange once effective. The company emphasized that the name change will not affect shareholders’ rights, existing share certificates, daily operations or financial position, and is intended to more accurately represent its current gold-focused business and future growth plans, strengthening its corporate identity and alignment with stakeholder interests.
The most recent analyst rating on (HK:3788) stock is a Hold with a HK$4.50 price target. To see the full list of analyst forecasts on China Hanking Holdings Ltd. stock, see the HK:3788 Stock Forecast page.
China Hanking Holdings has announced strategic changes at its Hanking Gold operations following major technical advances at its Australian projects, highlighted by a 53.1% increase in JORC Ore Reserves to 2.62 million ounces and a total JORC gold resource of 5.54 million ounces. The group has secured a key drainage permit for the Golden Pig and Copperhead underground mines, and reported high‑grade gold intercepts at the Corinthia and Copperhead deposits that materially expand underground mining potential and reveal previously overlooked ore bodies, developments that could significantly enhance the economic viability and long‑term scale of its gold mining portfolio.
The most recent analyst rating on (HK:3788) stock is a Hold with a HK$4.50 price target. To see the full list of analyst forecasts on China Hanking Holdings Ltd. stock, see the HK:3788 Stock Forecast page.
China Hanking Holdings Limited announced a substantial upgrade to its gold inventory, with Hanking Gold’s combined JORC Ore Reserve rising 53.1% to 2.62 million ounces and total JORC gold resources increasing to 5.54 million ounces following completion of a Stage 1 pre-feasibility study for the Cygnet Gold Project and updated definitive feasibility work at the Mt Bundy Gold Project. The reserve uplift is driven largely by high-grade underground reserves at the Copperhead and Golden Pig deposits, additional open-pit reserves at Corinthia, and newly defined low-grade stockpile resources, which together enhance future ore feed flexibility and potential production scale, strengthening the company’s project economics and positioning in the Australian gold sector.
The most recent analyst rating on (HK:3788) stock is a Hold with a HK$3.50 price target. To see the full list of analyst forecasts on China Hanking Holdings Ltd. stock, see the HK:3788 Stock Forecast page.
China Hanking Holdings Limited has secured works approval from Western Australia’s Department of Water and Environmental Regulation to dewater the high-grade Copperhead underground gold mine at its Cygnet gold project, enabling the construction of an evaporation pond on a historic tailings storage facility to manage water pumped from underground. The low-cost dewatering solution is described by management as a key milestone for advancing underground mine development and accessing the southern orebody, which is not yet in the production plan, and is expected to support decline development, reduce drilling costs, and facilitate expansion and upgrading of gold resources and reserves, thereby potentially enhancing value for shareholders as the company continues to work with regulators on remaining approvals.
The most recent analyst rating on (HK:3788) stock is a Hold with a HK$3.50 price target. To see the full list of analyst forecasts on China Hanking Holdings Ltd. stock, see the HK:3788 Stock Forecast page.
China Hanking Holdings’ indirect wholly owned subsidiary Hanking Ginseng Iron has entered into a three-year lease for multiple floors and a podium in Hanking Tower in Shenyang, covering about 3,477 square metres from 1 January 2026 to 31 December 2028. Because the landlord, Shengtai Properties, is ultimately controlled by chairman and controlling shareholder Yang Jiye, the lease is classified as a connected transaction under Hong Kong listing rules; it will result in the recognition of right-of-use assets of about RMB6.32 million under IFRS 16 and is subject to reporting and announcement requirements but is exempt from circular and independent shareholder approval, while the related property management fees are treated as de minimis continuing connected transactions.
The most recent analyst rating on (HK:3788) stock is a Hold with a HK$3.50 price target. To see the full list of analyst forecasts on China Hanking Holdings Ltd. stock, see the HK:3788 Stock Forecast page.