Companies ›Basic Materials ›1921.HK

1921.HK — HKEX Iron & Steel

Dalipal Holdings Ltd

HK$3,21

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Mcap

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P/E

—

EV / Rev

—

Div yield

0,00 %

Op margin

2,5 %

ROE

1,0 %

Net margin

0,4 %

Debt / equity

1,84

Beta

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52w range

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Volume

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Day range

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Prev close

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Open

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Next earnings

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Ex-dividend

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TR 1Y

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About

Dalipal Holdings Ltd is engaged in the mining and processing of iron ore, primarily operating in China, and generates revenue through the sale of iron ore and related products.

Business. Dalipal Holdings Ltd (1921.HK) is a mining company listed on the Hong Kong Stock Exchange that operates within the Iron & Steel industry. The firm is engaged in the extraction and sale of mineral resources, primarily focusing on iron ore production. Specific details regarding its operating segments and geographic distribution are not available. The company is headquartered in Hong Kong.

Classification92 %

SectorBasic Materials

Business sectorMineral Resources

IndustryIron & Steel

ActivityMining

Generated · model-assisted

Sell-side consensus

BUY1 analysts

1 buy0 hold0 sell

Avg 12m price target9,10

Analyst recommendations

1 analysts · consensus Buy

Buy1

Hold0

Sell0

12-month price target

9,10

Consensus of sell-side coverage.

Upcoming events

— missing data

See all catalysts →

At a glance

Score

—

not yet scored

Valuation

—

valuation pending

Analysts→

Buy

1 analysts · indicative

Ownership

—

not yet wired

Profitability→

1,0 %

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

No recent newsroom coverage mentioning 1921.

Sector rotation

Sector1D1Mvs mkt

Materials · THIS SECTOR+2,3 %+6,6 %+1,7 %

Communication Services+2,2 %−5,5 %+1,7 %

Energy+0,6 %+3,3 %+0,0 %

Health Care+0,6 %−0,8 %+0,0 %

Consumer Discretionary+0,4 %+7,7 %−0,2 %

Information Technology+0,3 %+7,8 %−0,3 %

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 1921.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

Dalipal Holdings Ltd (1921.HK) is a mining company listed on the Hong Kong Stock Exchange that operates within the Iron & Steel industry. The firm is engaged in the extraction and sale of mineral resources, primarily focusing on iron ore production. Specific details regarding its operating segments and geographic distribution are not available. The company is headquartered in Hong Kong.

Classification92 %

SectorBasic Materials

Business sectorMineral Resources

IndustryIron & Steel

ActivityMining

AI synthesis

GENERATED

Dalipal Holdings Ltd exhibits a capital structure with a debt-to-equity ratio of 1.84, indicating a relatively high leverage position compared to industry norms. The company's liquidity is assessed as medium, with a current ratio of 1.07, suggesting limited short-term liquidity cushion. Free cash flow is negative at -539.09 million CNY, which may constrain the company's ability to fund operations or growth without external financing.

Profitability metrics for Dalipal Holdings Ltd are below typical industry benchmarks. Return on equity is 1.02%, and return on assets is 0.29%, both of which are weak indicators of capital efficiency and asset utilization. Gross profit of 357.27 million CNY and operating income of 84.92 million CNY reflect a narrow margin structure, which may be sensitive to commodity price fluctuations and cost management.

The company's revenue is concentrated in a single business segment, with no disclosed geographic diversification. This concentration increases exposure to regional economic and regulatory risks, particularly in China, where the company operates. There is no indication of multiple revenue streams or geographic diversification in the latest financial disclosures.

Growth trajectory for Dalipal Holdings Ltd appears constrained, with no significant revenue growth reported in the latest financial period. The company's revenue of 3.46 billion CNY is flat compared to prior periods, and there are no disclosed plans for expansion or new market entry. Analysts have issued a mean recommendation of 2.00, indicating a neutral outlook, with no strong buy ratings.

Risk factors for Dalipal Holdings Ltd include liquidity constraints and a high debt load. The company's net cash position is negative after subtracting total debt, which could necessitate additional financing. Dilution risk is assessed as low, with no near-term pressure from share issuance or convertible instruments. However, the company's reliance on external financing could increase in the event of a liquidity crunch.

Recent events and disclosures for Dalipal Holdings Ltd include a consistent price target of 9.10 CNY from analysts, with no divergence in estimates. The company has not issued any recent press releases or earnings transcripts that would indicate strategic shifts or operational changes. The lack of analyst divergence suggests a consensus on the company's current valuation and prospects.

Key takeaways

Dalipal Holdings Ltd has a high debt-to-equity ratio of 1.84, indicating a leveraged capital structure.
The company's profitability is weak, with return on equity at 1.02% and return on assets at 0.29%.
Revenue is concentrated in a single business segment, increasing exposure to regional and operational risks.
Analysts have issued a neutral outlook, with a mean recommendation of 2.00 and a consistent price target of 9.10 CNY.
The company's liquidity is assessed as medium, with a current ratio of 1.07 and negative free cash flow.

Bull / Bear case

Generated · model-assisted

— missing data

In focus — financials by report

Valuation

Market price

HK$3,21

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$1.35B

Net cashⓘ

-HK$2.48B

Current ratioⓘ

1.1

Debt / equityⓘ

1.8

ROAⓘ

0.3%

ROEⓘ

1.0%

Cash conversionⓘ

—

CapEx / revenueⓘ

—

SBC / revenueⓘ

—

Dilution ratioⓘ

0.0%

Revenue by segment

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

0,18

Predicted surprise

+0,00

Beat probability

45 %

Analysts

Other metrics

Revenue

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no estimate

Segment revenue

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no estimate

Margin

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no estimate

Segment margin

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no estimate

as of 2026-05-20 · 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

Metric	Our forecast	Guidance	Consensus
EPS	—no estimate	—no estimate	0,18
Revenue	—no estimate	—no estimate	5,1B CNY
Operating income	—no estimate	—no estimate	358,4M 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 distribution1 analysts

Strong buy0

Buy1

Hold0

Sell0

Strong sell0

12-month price targetHK$9,10 · Median HK$9,10

Low HK$9,10High HK$9,10

Operating income · consensus358,4M CNY

EPS surprise

−94,4 %

reported vs consensus · miss

Revenue surprise

−31,7 %

reported vs consensus · miss

Estimate revisions

consensus EPS · 26-week trend

— missing data

Sell-side observations

LowHK$9,10

MeanHK$9,10

MedianHK$9,10

HighHK$9,10

SpotHK$3,21

+183.5 %implied to mean12-month sell-side price targets · ▲ spot

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 Margin2,5 %Below median

Net Margin0,4 %Below median

ROE1,0 %Below median

D/E1,84Bottom quartile

Corporate actions / M&A

— missing data

FX exposure

— missing data

Comparable transactions

— missing data

Derivatives & instruments

— missing data

Actions

Set alert Open in charts

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
Return On Equity
net_income / total_equity
Debt To Equity
(short_term_debt + long_term_debt) / total_equity
Return On Assets
net_income / total_assets

Source documents

Dalipal Holdings Ltd Market data — financials · 2026-05-26
Dalipal Holdings Ltd Market data — analyst estimates · 2026-05-26

Ownership & reference

Leadership

Fanyong MengExecutive Chairman of the Board

Insider activity

— missing data

Short positioning

— missing data

Geographic breakdown

— missing data

Listings · one canonical issuer all listings resolve to the canonical

1921.HKCanonical

HKEX · HKD

Intel & risk

PredictorBeat prob45 %Surprise+0,00Full forecast →

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

2026-06-30 03:38 UTCEARNINGSUpcomingForecast: earnings_forecast (90d)

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

Analyst recommendations

At a glance

What drives this business

News & coverage

Sector rotation

Developing storylines

Analysis

Opportunity

Upcoming catalysts

Pre-earnings brief

Signals & dispatch

Composite-score breakdown

Synthesis

Bull / Bear case

In focus — financials by report

Valuation

Revenue by segment

Market share

Business relationships

Supply chain

Peer comparison

Market position

Stress test

Predictor forecast

Options

Short squeeze

Earnings-call key lines

Consensus distribution

Estimate revisions

Sell-side observations

Themes

ESG

Risk factors

Benchmarks vs cohort

Corporate actions / M&A

FX exposure

Comparable transactions

Derivatives & instruments

Actions

Ask Handelsavisen

Ownership & reference

Leadership

Insider activity

Short positioning

Geographic breakdown

Intel & risk

Evidence & claims

The Thread