LX TECHNOLOGY GROUP LTDLX TECHNOLOGY GROUP LTDLX TECHNOLOGY GROUP LTD

LX TECHNOLOGY GROUP LTD

3.62HKDD
−0.06−1.63%
Last update at Jan 9, 07:56 UTC
HKD
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2436 fundamentals

Key facts

Market capitalization‪1.28 B‬HKD
Basic EPS (TTM)−0.41HKD
Founded2022
Employees (FY)‪1.14 K‬
CEOZuo Xiong Hu
Website
About

LX Technology Group is engaged in the transformation of enterprise's device life cycle management through digitalized closed-loop services. It operates through the following business segments: Device Subscription Services; and Recycling Business. The Device Subscription Services, provides a short-tem and long-term device subscription and also offers selecting IT devices for users, assembling devices, pre-installing device configurations; and customizing system settings. The Recycling Business, purchased decommissioned IT devices from corporate users or sale through external e-commerce platforms after refurbishment. The company was founded on January 10, 2022 and is headquartered in Shenzhen, China.

Ownership
‪‪353.26 M‬‬
Closely held shares
‪‪283.49 M‬‬ (80.25%)
Free Float shares
‪‪69.77 M‬‬ (19.75%)
Closely held shares
‪‪283.49 M‬‬ (80.25%)
Free Float shares
‪‪69.77 M‬‬ (19.75%)
Capital structure
Market cap
‪‪1.28 B‬‬
Debt
‪‪923.17 M‬‬
Minority interest
‪‪2.63 M‬‬
Cash & equivalents
‪‪591.59 M‬‬
Enterprise value
‪‪1.61 B‬‬

Valuation

Fundamental metrics to determine fair value of the stock

Summary
‪‪1.28 B‬‬
Price to earning ratio (P/E)
Price to sales ratio (P/S)
0.54x
Market Cap
Net income
Revenue
Price to earning ratio (P/E)
Price to sales ratio (P/S)
0.54x
Valuation ratios
‪0.00‬
‪0.55‬
‪1.10‬
‪1.65‬
‪2.20‬
H1 '22
H2 '22
H1 '23
H2 '23
H1 '24
‪0.00‬
‪15.00‬
‪30.00‬
‪45.00‬
‪60.00‬
P/E
P/S

Growth and Profitability

Company’s recent performance and margins

Performance
‪−14%‬
‪−7%‬
‪0%‬
‪7%‬
‪14%‬
H1 '22
H2 '22
H1 '23
H2 '23
H1 '24
‪‪−400.00 M‬‬
‪0.00‬
‪‪400.00 M‬‬
‪‪800.00 M‬‬
‪‪1.20 B‬‬
Revenue
Net income
Net margin %
Revenue to profit conversion
Revenue
COGS
Gross profit
Op expenses
Op income
Non-Op income/ expenses
Taxes & Other
Net income
‪‪−400.00 M‬‬
‪0.00‬
‪‪400.00 M‬‬
‪‪800.00 M‬‬
‪‪1.20 B‬‬
Revenue
COGS
Gross profit
Expenses & adjustments
Net income
‪‪−400.00 M‬‬
‪0.00‬
‪‪400.00 M‬‬
‪‪800.00 M‬‬
‪‪1.20 B‬‬

Revenue breakdown

Revenue streams and regions a business earns money from

By source/business
Period: 2023
Device Recycling
Device Subscription Services
By country
Period: 2023
China

Estimates

Revenue and Earnings forecasts and estimates accuracy

Revenue
H1 '23
H2 '23
H1 '24
H2 '24
‪0.00‬
‪‪260.00 M‬‬
‪‪520.00 M‬‬
‪‪780.00 M‬‬
‪‪1.04 B‬‬
Actual
Earnings
Next:Jul 09
H1 '23
H2 '23
H1 '24
H2 '24
‪−0.16‬
‪−0.12‬
‪−0.08‬
‪−0.04‬
‪0.00‬
Actual

Dividends

Dividend yield, history and sustainability

2436 does not pay dividends
The company has not previously paid dividends and at the moment there is no information about whether it is going to pay them in the future

Financial health

Financial position and solvency of the company

Debt level and coverage
H1 '22
H2 '22
H1 '23
H2 '23
H1 '24
‪‪−700.00 M‬‬
‪0.00‬
‪‪700.00 M‬‬
‪‪1.40 B‬‬
‪‪2.10 B‬‬
Debt
Free cash flow
Cash & equivalents
Financial position analysis
Short term
Long term
‪0.00‬
‪‪250.00 M‬‬
‪‪500.00 M‬‬
‪‪750.00 M‬‬
‪‪1.00 B‬‬
Assets
Liabilities