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Companies Industrials 2499.HK
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2499.HK HKEX Business Support Services

2499.Hk

HK$5,86
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Mcap
P/E
EV / Rev
Div yield
0,00 %
Op margin
11,1 %
ROE
6,6 %
Net margin
4,7 %
Debt / equity
1,83
Beta
52w range
Volume
Day range
Prev close
Open
Next earnings
Ex-dividend
TR 1Y
About

The company operates in the Business Support Services industry, providing industrial services and generating revenue primarily through its operations in the Industrial & Commercial Services sector.

Business. The company operates in the Business Support Services industry, providing industrial services and generating revenue primarily through its operations in the Industrial & Commercial Services sector.

Classification92 %
SectorIndustrials
Business sectorIndustrial & Commercial Services
IndustryBusiness Support Services
ActivityIndustrial Services
Generated · model-assisted
Sell-side consensus
consensus pending
— buy— hold— sell
Avg 12m price target
Upcoming events
— missing data
See all catalysts →

At a glance

Score
not yet scored
Valuation
valuation pending
Analysts
not yet wired
Ownership
not yet wired
Profitability
6,6 %
return on equity
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 2499.
  • 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+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 · THIS SECTOR−1,9 %−3,1 %−2,5 %
    Utilities−1,9 %+28,2 %−2,5 %

    Developing storylines

    No tracked sagas currently linked to 2499.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

    The company operates in the Business Support Services industry, providing industrial services and generating revenue primarily through its operations in the Industrial & Commercial Services sector.

    Classification92 %
    SectorIndustrials
    Business sectorIndustrial & Commercial Services
    IndustryBusiness Support Services
    ActivityIndustrial Services
    AI synthesis
    GENERATED

    The company maintains a capital structure with a debt-to-equity ratio of 1.83, indicating a relatively high level of leverage. Its liquidity position is characterized by a current ratio of 0.63, suggesting that the company may face challenges in meeting its short-term obligations with its current assets. The company's liquidity is further constrained by a negative net cash position after subtracting total debt, which could impact its operational flexibility.

    In terms of profitability, the company reports a return on equity of 6.57% and a return on assets of 2%, which are metrics that reflect the efficiency of its capital use and asset management. These figures should be compared against the industry's preferred metrics and cohort medians to assess the company's relative performance. The company's operating income of 193,394,000 CNY and net income of 82,212,000 CNY indicate a profitable operation, but the gross profit margin of 30% (calculated from the given data) suggests that the company may be facing competitive pressures or cost management challenges.

    The company's revenue is not segmented by geographic regions or business lines in the provided data, making it difficult to assess the concentration of its revenue sources. However, the lack of detailed segment information implies that the company may have a diversified or concentrated revenue base, depending on its operational structure.

    The company's growth trajectory is not explicitly detailed in the provided data, but the operating cash flow of 579,231,000 CNY and free cash flow of 358,065,000 CNY suggest that it has the capacity to fund operations and potentially invest in growth initiatives. The capital expenditure of -139,829,000 CNY indicates that the company is investing in its operations, which could be a sign of expansion or modernization efforts.

    The company's risk profile is marked by a medium liquidity risk and a low dilution risk. The key flag of negative net cash after subtracting total debt highlights the company's liquidity constraints. The dilution risk is low, which suggests that the company is not expected to issue additional shares in the near term, preserving the value of existing shareholders' equity.

    Recent events and filings are not detailed in the provided data, so it is not possible to comment on specific recent developments that may have impacted the company's operations or financial position.

    Key takeaways
    • The company has a high debt-to-equity ratio, indicating a leveraged capital structure.
    • The company's liquidity position is weak, as evidenced by a current ratio below 1.
    • The company's profitability is moderate, with a return on equity of 6.57%.
    • The company's free cash flow is positive, suggesting the ability to fund operations and growth.
    • The company's capital expenditure is negative, indicating investment in operations.
    • margin_outlook_rationale: The company's gross profit margin is 30%, which is a key indicator of its cost management and pricing power.
    • rd_outlook_rationale: The provided data does not include specific information on research and development activities.

    Bull / Bear case

    analysis pipeline
    — missing data

    In focus — financials by report

    Valuation

    Market price
    HK$5,86
    Market cap
    Enterprise value
    P/E
    Non-GAAP P/E
    EV / Revenue
    EV / Op income
    EV / OCF
    P / B
    P / Tangible book
    Tangible book
    HK$1.25B
    Net cash
    -HK$2.11B
    Current ratio
    0.6
    Debt / equity
    1.8
    ROA
    2.0%
    ROE
    6.6%
    Cash conversion
    705.0%
    CapEx / revenue
    -8.0%
    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

    Options

    — missing data

    Short squeeze

    — missing data

    Earnings-call key lines

    — missing data

    Estimate revisions

    consensus EPS · 26-week trend
    — missing data

    Sell-side observations

    — missing data

    Themes

    — missing data

    ESG

    — missing data

    Risk factors

    Dilution riskLow
    Liquidity riskMedium
    Filing-based flags
    • Net cash is negative after subtracting total debt.

    Benchmarks vs cohort

    Op Margin11,1 %Above median
    Net Margin4,7 %Below median
    ROE6,6 %Above median
    Capex / Rev-8,0 %Below median
    D/E1,83Bottom quartile
    Cash Conv7,05Best in class

    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
    • Net Cash
      cash_and_equivalents + short_term_investments - short_term_debt - long_term_debt
    • Capex To Revenue
      capital_expenditure / revenue
    • Return On Equity
      net_income / total_equity
    • Debt To Equity
      (short_term_debt + long_term_debt) / total_equity
    • Cash Conversion Ratio
      operating_cash_flow / net_income
    Source documents
    • 2499.HK Market data — financials · 2026-05-26

    Ownership & reference

    Insider activity

    — missing data

    Short positioning

    — missing data

    Geographic breakdown

    — missing data
    Listings · one canonical issuer all listings resolve to the canonical
    2499.HKCanonical
    HKEX · HKD

    Intel & risk

    peak dispatch · —
    OSINT findings
    Dilution riskLow
    Liquidity riskMedium
    Net cash is negative after subtracting total debt.

    Evidence & claims

    From filings & derived data
    — missing data

    The Thread

    Everything we know, in order
    — missing data
    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