1866.Hk
1866.HK is a materials sector company, specifically classified within the chemicals industry, generating revenue through its disclosed operational activities.
Business. Run Long Construction Co Ltd (1866.HK) is a company listed on the Hong Kong Stock Exchange. The firm operates within the agricultural chemicals industry, which falls under the broader chemicals and basic materials sectors. Specific details regarding its operating segments, headquarters location, and geographic revenue mix are not provided in the available data. Consequently, the company is described at the industry level as a participant in the agricultural chemicals market.
Analyst recommendations
2 analysts · consensus BuyAt a glance
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.
News & coverage
0Sector rotation
Developing storylines
Analysis
AI analysisOpportunity
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
Signals & dispatch
Composite-score breakdown
Synthesis
Run Long Construction Co Ltd (1866.HK) is a company listed on the Hong Kong Stock Exchange. The firm operates within the agricultural chemicals industry, which falls under the broader chemicals and basic materials sectors. Specific details regarding its operating segments, headquarters location, and geographic revenue mix are not provided in the available data. Consequently, the company is described at the industry level as a participant in the agricultural chemicals market.
The company maintains a capital structure characterized by significant leverage, with total liabilities of 29.02 billion CNY against total equity of 9.74 billion CNY, resulting in a debt-to-equity ratio of 1.71. Liquidity is constrained, evidenced by a current ratio of 0.62 and cash and equivalents of 1.20 billion CNY, which is insufficient to cover the 16.70 billion CNY in long-term debt. The balance sheet reflects a negative net cash position, a key risk flag identified in the assessment.
Profitability metrics show a return on equity of 9.56% and a return on assets of 2.40%, indicating moderate efficiency in generating profits from its asset base. The company reported a net income of 932.02 million CNY on revenues of 25.35 billion CNY, yielding a net margin of approximately 3.68%. Operating income stands at 2.06 billion CNY, suggesting that while the company generates operating profits, the bottom-line impact is reduced by interest and tax expenses associated with its high debt load.
- High leverage with a debt-to-equity ratio of 1.71 and negative net cash position.
- Moderate profitability with 9.56% ROE and 2.40% ROA.
- Liquidity constraints indicated by a current ratio of 0.62.
- Low dilution risk with basic and diluted shares outstanding being identical.
- Classification confidence is low (0.20), requiring careful interpretation of industry benchmarks.
Bull / Bear case
Generated · model-assistedIn focus — financials by report
Valuation
Revenue by segment
Business relationships
Supply chain
Peer comparison
Market position
Stress test
Predictor forecast
| Metric | Our forecast | Guidance | Consensus |
|---|---|---|---|
| EPS | —no estimate | —no estimate | 1,21 |
| Revenue | —no estimate | —no estimate | 31,3B CNY |
| Operating income | —no estimate | —no estimate | 3,2B CNY |
Options
Short squeeze
Earnings-call key lines
Consensus distribution
sell-side coverageEstimate revisions
consensus EPS · 26-week trendSell-side observations
Themes
ESG
Risk factors
- Net cash is negative after subtracting total debt.
Benchmarks vs cohort
Corporate actions / M&A
FX exposure
Comparable transactions
Derivatives & instruments
Actions
Ask Handelsavisen
- Market data
- Market data cache
- Issuer disclosures
- Public news
- Earnings transcripts
- Consensus estimates
- ESG data
- Reference data
- Cash Conversion Ratiooperating_cash_flow / net_income
- Market Priceinput from market-data provider (delayed close or quote-shim mid)
- Ev To Revenueenterprise_value / revenue
- Net Cashcash_and_equivalents + short_term_investments - short_term_debt - long_term_debt
- Return On Equitynet_income / total_equity
- Market Capmarket_price * shares_outstanding_diluted
- China XLX Fertiliser Ltd Market data — financials · 2026-07-28
- reconciler_enqueue (reconciler) on 1866.HK · 2026-07-28
Ownership & reference
Leadership
- Xing LiuExecutive Chairman of the Board
Insider activity
Short positioning
Geographic breakdown
Intel & risk
no material change vs prior analysis (walked 17 fields; 4 schema-expansion field(s) excluded)
- Narrative— → —medium
- Business summary— → —medium
- Conclusion— → —medium
- Key takeaways— → —medium