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2128.HK HKEX Construction Supplies & Fixtures

China Lesso Group Holdings Ltd

HK$4,73
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Div yield
4,23 %
Op margin
ROE
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About

China Lesso Group Holdings Ltd is engaged in the production and sale of building materials, primarily focusing on construction supplies and fixtures.

Business. China Lesso Group Holdings Ltd (2128.HK) is a provider of construction supplies and fixtures operating within the Consumer Cyclicals sector. The company is headquartered in China and is primarily listed on the Hong Kong Stock Exchange. Specific details regarding its operating segments and geographic revenue mix are not available in the provided data.

Classification92 %
SectorConsumer Cyclicals
Business sectorCyclical Consumer Products
IndustryConstruction Supplies & Fixtures
Generated · model-assisted
Sell-side consensus
BUY6 analysts
5 buy0 hold1 sell
Avg 12m price target5,59

Analyst recommendations

6 analysts · consensus Buy
Buy5
Hold0
Sell1
12-month price target
5,59
Consensus of sell-side coverage.
Upcoming events
— missing data
See all catalysts →

At a glance

Score
not yet scored
Valuation
valuation pending
Analysts
Buy
6 analysts · indicative
Ownership
not yet wired
Profitability
not yet wired
Quality
not yet scored

What drives this business

The watch-list the newsroom runs for this company — derived from its sector path, sharpened layer by layer. Not investment advice.

— missing data

News & coverage

0
  • No recent newsroom coverage mentioning 2128.
  • Sector rotation

    Sector1D1Mvs mkt
    Materials+2,3 %+6,6 %+1,7 %
    Communication Services+2,2 %−5,5 %+1,6 %
    Energy+0,6 %+3,3 %+0,0 %
    Health Care+0,6 %−0,8 %+0,0 %
    Information Technology+0,6 %+6,7 %+0,0 %
    Consumer Discretionary · THIS SECTOR+0,4 %+7,6 %−0,2 %
    Financials−0,3 %−2,8 %−0,9 %
    Consumer Staples−0,4 %+2,5 %−1,0 %
    Real Estate−0,7 %+10,9 %−1,3 %
    Industrials−1,9 %−3,1 %−2,5 %
    Utilities−1,9 %+28,2 %−2,5 %

    Developing storylines

    No tracked sagas currently linked to 2128.HK. Browse all sagas →

    Analysis

    AI analysis
    Generated · analysis pipeline · tier hybrid · as of 2026-08-04 ↑ At a glance

    Opportunity

    — missing data

    Upcoming catalysts

    Scheduled public events. Informational only — not investment advice.

    • Macro
    • Rate decisionBank of England rate decision (press conf.)2026-08-06 · GB
    • Rate decisionReserve Bank of Australia rate decision (press conf.)2026-08-12 · AU
    • Rate decisionNorges Bank rate decision (press conf.)2026-08-20 · NO
    • Rate decisionSveriges Riksbank rate decision (press conf.)2026-09-03 · SE
    • Rate decisionBank of Canada rate decision (press conf.)2026-09-09 · CA
    • Rate decisionEuropean Central Bank rate decision (press conf.)2026-09-10 · EU
    • Macro & political
    • ElectionSE Swedish Election2026-09-14 · SE
    • ElectionUS U.S. Midterms2026-11-03 · US
    • ElectionFR French Legislative2027-06-01 · FR

    Pre-earnings brief

    — missing data

    Signals & dispatch

    peak dispatch · —

    Composite-score breakdown

    Synthesis

    Business

    China Lesso Group Holdings Ltd (2128.HK) is a provider of construction supplies and fixtures operating within the Consumer Cyclicals sector. The company is headquartered in China and is primarily listed on the Hong Kong Stock Exchange. Specific details regarding its operating segments and geographic revenue mix are not available in the provided data.

    Classification92 %
    SectorConsumer Cyclicals
    Business sectorCyclical Consumer Products
    IndustryConstruction Supplies & Fixtures
    AI synthesis
    GENERATED

    China Lesso Group Holdings Ltd has a basic and diluted share count of 3.102 billion shares, indicating no immediate dilution pressure from share issuance. However, the liquidity risk remains unassessed due to the absence of balance-sheet inputs and no going-concern language in the source documents. The company's valuation snapshot is not available, limiting the ability to assess its current market valuation in relation to industry benchmarks.

    Profitability and return metrics are not disclosed in the available data, making it difficult to compare the company's performance against the preferred metrics of the Construction Supplies & Fixtures industry. Without access to key financial ratios such as ROIC, EBITDA margins, or net profit margins, a comprehensive profitability analysis cannot be conducted.

    The company's geographic and segment exposure is not detailed in the available data, which limits the ability to assess revenue concentration or diversification across product lines or regions. This lack of information also hinders the evaluation of potential risks associated with over-reliance on specific markets or product categories.

    The company's growth trajectory is not quantified in the available data, as no outlook figures or revenue history are provided. Analysts have issued a mean price target of 5.59 CNY and a median price target of 5.90 CNY, with a mean recommendation of 1.83 (on a scale from 1=strong buy to 5=strong sell). The absence of forward-looking guidance or historical revenue data limits the ability to assess the company's growth potential or performance trends.

    The risk assessment indicates a low dilution risk, but liquidity risk could not be evaluated due to missing balance-sheet data and no going-concern language in the source documents. No specific risk factors or dilution sources are disclosed in the available data, which limits the ability to assess the company's exposure to external or internal financial pressures.

    Recent events, such as filings or transcripts, are not provided in the available data, which limits the ability to assess the company's recent strategic or operational developments.

    Key takeaways
    • The company has no immediate dilution pressure, with basic and diluted shares outstanding being equal.
    • Analysts have a generally positive outlook, with a mean recommendation of 1.83 and a median price target of 5.90 CNY.
    • Liquidity risk could not be assessed due to missing balance-sheet data and no going-concern language in the source documents.
    • Profitability and return metrics are not disclosed, limiting the ability to compare the company's performance against industry benchmarks.
    • The company's geographic and segment exposure is not detailed, making it difficult to assess revenue concentration or diversification.

    Bull / Bear case

    Generated · model-assisted
    — missing data

    In focus — financials by report

    Annual
    ANNUALFiled 2026-03-30
    FY 2026 · Full-year highlights

    Revenue ¥24.31B, −10,0% YoY; Operating income −23,3% YoY.

    Revenue¥24.31B−10,0 % YoY
    Operating income¥2.28B−23,3 % YoY
    Net income¥1.26B−25,1 % YoY
    Free cash flow¥83.8M−91,5 % YoY
    EPS
    Operating cash flow¥4.34B+15,5 % YoY
    Financials
    Income statement
    Revenue¥24.31B
    Gross profit¥6.68B
    Operating income¥2.28B
    Net income¥1.26B
    Margins
    Gross margin27.5%
    Operating margin9.4%
    Net margin5.2%
    FCF margin0.3%
    Balance sheet
    Total assets¥57.35B
    Total liabilities¥32.71B
    Total equity¥24.64B
    Cash & equivalents¥3.2M
    Long-term debt¥18.09B
    Cash flow
    Operating cash flow¥4.34B
    CapEx-¥2.13B
    Free cash flow¥83.8M
    SBC
    P&L flow · revenue → net income
    Revenue ¥24.31BOperating costs ¥22.04BTax ¥1.02BNet income ¥1.26B
    Highlights
    • Revenue ¥24.31B, −10,0% YoY
    • Operating income −23,3% YoY
    • Net income −25,1% YoY
    • Free cash flow −91,5% YoY
    • Net margin 5.2%

    Valuation FY

    Market price
    HK$4,73
    Market cap
    Enterprise value
    P/E
    Non-GAAP P/E
    EV / Revenue
    EV / Op income
    EV / OCF
    P / B
    P / Tangible book
    Tangible book
    Net cash
    Current ratio
    Debt / equity
    ROA
    ROE
    Cash conversion
    CapEx / revenue
    SBC / revenue
    Dilution ratio
    0.0%

    Revenue by segment

    Market share

    — missing data

    Business relationships

    — missing data

    Supply chain

    — missing data

    Peer comparison

    — missing data

    Market position

    Stress test

    — missing data

    Predictor forecast

    Next quarternear-term
    Earnings · next quarterconf 45 %
    EPS
    Consensus EPS
    0,56
    Predicted surprise
    +0,00
    Beat probability
    45 %
    Analysts
    6
    Other metrics
    Revenue
    no estimate
    Segment revenue
    no estimate
    Margin
    no estimate
    Segment margin
    no estimate
    as of 2026-05-16 · Earnings Surprise V1
    Period note: consensus is not fiscal-period-aligned at source — read as consensus vs the last reported actual, not a calibrated same-quarter surprise.
    Full fiscal year~1 year ahead
    Full fiscal year · our forecast vs guidance vs consensus
    MetricOur forecastGuidanceConsensus
    EPSno estimateno estimate0,56
    Revenueno estimateno estimate26,7B CNY
    Operating incomeno estimateno estimate2,8B CNY
    Full-year consensus mean (period as reported by source) · consensus in CNY. Company-level full-year forecast and management guidance are not yet modelled at scale — shown as "no estimate", never inferred.
    Probabilistic model output — not investment advice. · generated 2026-08-04

    Options

    — missing data

    Short squeeze

    — missing data

    Earnings-call key lines

    — missing data

    Consensus distribution

    sell-side coverage
    Recommendation distribution6 analysts
    Strong buy3
    Buy2
    Hold0
    Sell1
    Strong sell0
    12-month price targetHK$5,59 · Median HK$5,90
    Low HK$3,80High HK$6,45
    Operating income · consensus2,8B CNY
    EPS surprise
    −27,3 %
    reported vs consensus · miss
    Revenue surprise
    −8,9 %
    reported vs consensus · miss

    Estimate revisions

    consensus EPS · 26-week trend
    — missing data

    Sell-side observations

    LowHK$3,80
    MeanHK$5,59
    MedianHK$5,90
    HighHK$6,45
    SpotHK$4,73
    +18.2 %implied to mean12-month sell-side price targets · ▲ spot

    Themes

    — missing data

    ESG

    — missing data

    Risk factors

    Dilution riskLow
    Liquidity riskUnknown

    Benchmarks vs cohort

    No cohort benchmark data available for this issuer yet.

    Corporate actions / M&A

    — missing data

    FX exposure

    — missing data

    Comparable transactions

    — missing data

    Derivatives & instruments

    — missing data

    Actions

    Ask Handelsavisen

    — missing data
    Data sources
    • Market data
    • Market data cache
    • Issuer disclosures
    • Public news
    • Earnings transcripts
    • Consensus estimates
    • ESG data
    How metrics are computed
    • Dilution Ratio
      (shares_outstanding_diluted - shares_outstanding_basic) / shares_outstanding_basic
    Source documents
    • China Lesso Group Holdings Ltd Market data — financials · 2026-05-26
    • China Lesso Group Holdings Ltd Market data — analyst estimates · 2026-05-26

    Ownership & reference

    Leadership

    • Luen Hei WongExecutive Chairman of the Board
    • Manlun ZuoChief Executive Officer, Executive Director

    Insider activity

    — missing data

    Short positioning

    — missing data

    Geographic breakdown

    — missing data
    Listings · one canonical issuer all listings resolve to the canonical
    2128.HKCanonical
    HKEX · HKD

    Intel & risk

    PredictorBeat prob45 %Surprise+0,00Full forecast →
    peak dispatch · —
    OSINT findings
    Dilution riskLow
    Liquidity riskUnknown

    Evidence & claims

    From filings & derived data
    — missing data

    The Thread

    Everything we know, in order
    2026-06-30 03:38 UTCEARNINGSUpcomingForecast: earnings_forecast (90d)
    2026-06-20 12:34 UTCANALYSTAnalyst coverage initiated
    2026-06-20 12:34 UTCANALYSTAnalyst coverage initiated
    2026-06-20 12:34 UTCANALYSTAnalyst coverage initiated
    2026-03-30 19:47 UTCEARNINGSAnnual results — FY 2026 Revenue CNY 24.31B · Net CNY 1.26B
    2025-03-28 18:50 UTCEARNINGSAnnual results — FY 2025 Revenue CNY 27.03B · Net CNY 1.68B
    2024-03-28 18:49 UTCEARNINGSAnnual results — FY 2024 Revenue CNY 30.87B · Net CNY 2.37B
    2023-03-20 19:03 UTCEARNINGSAnnual results — FY 2023 Revenue CNY 30.77B · Net CNY 2.52B
    2022-03-28 19:43 UTCEARNINGSAnnual results — FY 2022 Revenue CNY 32.06B · Net CNY 3.04B
    The entity's full life in the product — typed, chronological, joined across Newspaper, Platform and Data. Our memory, made visible.
    Sources filings · IR · transcripts · market data · tier hybrid · as of 2026-08-04 Market data · Issuer disclosures · Public news · Earnings transcripts · Consensus estimates · ESG data Premium coverage