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C

Chervon Holdings 2285.HK · HKD

Consumer Discretionary · HKEX · 🇭🇰 Hong Kong

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35.92

+0.50%

Close of 9 Nov 2026, in HKD

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Reference data, closing prices and charts across 45,000 companies, plus crypto, commodities and currencies.

At a glance

Figures in USD, from our data supplier.

FY2025

Net income

$97.6m

FY2018FY2025

Free cash flow

$154.2m

FY2018FY2025

Shareholders' equity

$1.02bn

FY2018FY2025

Income statement

Fiscal years

FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018
Gross profit$535.9m$78.5m$49.3m$604.2m$494.3m$368.6m$254.3m$175.7m
Research and development$85.8m$10.6m$9.0m$65.8m$50.1m$38.9m$31.2m$27.7m
Operating income$122.2m$19.8m−$5.8m$189.2m$188.2m$70.1m$51.5m−$2.7m
Net income$97.6m$14.3m−$4.7m$139.4m$144.5m$44.3m$33.8m−$14.1m
Diluted earnings per share0.190.03-0.010.280.360.090.07-0.03

Balance sheet

At each fiscal year end

FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018
Total assets$1.84bn$1.99bn$1.80bn$1.86bn$2.06bn$1.09bn$867.2m$745.8m
Cash and short-term investments$398.7m$328.8m$296.3m$486.7m$703.0m$172.3m$97.7m$85.6m
Total liabilities$826.0m$955.6m$835.8m$916.4m$1.26bn$807.4m$666.3m$578.7m
Debt$295.0m$309.5m$336.0m$351.5m$456.9m$355.2m$373.4m$345.6m
Shareholders' equity$1.02bn$1.04bn$960.7m$946.2m$797.0m$259.7m$182.1m$149.8m
Shares outstanding508m510m511m490m407m506m506m506m

Cash flow

Fiscal years

FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018
Cash from operations$227.9m$21.4m−$173.6m$23.1m$158.1m$133.7m$39.4m$8.2m
Capital spending−$73.7m−$9.4m−$88.3m−$72.2m−$81.1m−$31.5m−$25.5m−$26.3m
Free cash flow$154.2m$12.0m−$262.0m−$49.1m$77.0m$102.1m$13.9m−$18.2m
Dividends paid−$118.9m−$2.3m−$36.7m−$35.1m−$15.0m−$15.0m−$15.0m−$15.0m

Latest quarters

By quarter end

Jun 2026Dec 2025Jun 2025Mar 2025Dec 2024Sept 2024Jun 2024Mar 2024
Gross profit$403.3m$231.9m$303.9m$152.0m$44.2m$173.5m$34.3m$134.3m
Operating income$136.8m$2.4m$119.8m$59.9m$8.7m$34.0m$11.1m$43.7m
Net income$106.0m$2.4m$95.2m$47.6m$6.5m$25.5m$7.8m$30.8m
Diluted earnings per share0.210.000.190.090.010.050.020.06
Cash from operations$129.0m−$28.0m$128.0m$128.0m$6.0m$24.0m$15.0m$59.0m
Capital spending−$47.0m−$17.0m−$28.0m−$28.0m−$6.0m−$25.0m−$2.0m−$11.0m
Free cash flow$82.0m−$45.0m$100.0m$100.0m$0−$1.0m$13.0m$48.0m
Total assets$1.96bn$1.84bn$1.82bn$1.82bn$254.0m$1.99bn$247.3m$1.94bn
Cash and short-term investments$427.4m$398.7m$495.1m$495.1m$41.9m$328.8m$49.4m$387.1m
Debt$190.5m$264.2m$331.6m$199.1m$39.5m$197.8m$43.7m$243.8m
Shareholders' equity$1.09bn$1.02bn$1.01bn$1.01bn$132.2m$1.04bn$125.1m$981.6m

Financial ratios

Data as of 1 Nov 2026

FY2025FY2024FY2023FY2022FY2021FY2020
Gross margin32.9%34.7%28.1%30.4%28.1%30.7%
Operating margin5.7%8.1%-2.3%11.0%9.2%6.8%
Net margin6.0%6.3%-2.7%7.0%8.2%3.7%
Return on equity9.6%10.9%-3.9%14.7%18.1%17.1%
Return on assets5.3%5.6%-2.1%7.5%7.0%4.1%
Free cash flow yield1.8%1.4%-0.5%0.6%1.8%—
Revenue growth-8.2%29.1%-31.0%13.3%46.4%42.9%
Earnings growth-13.2%-403.0%-126.6%-3.5%225.9%31.0%
Current ratio2.18x1.93x1.98x2.02x1.44x1.16x
Debt to equity0.26x0.29x0.34x0.36x0.55x1.31x
Equity ratio55.2%52.0%53.5%50.8%38.8%23.8%
Interest coverage10.68x13.09x-3.31x16.53x9.11x4.54x
R&D as a share of sales5.3%4.7%5.1%3.3%2.9%3.2%
Buybacks as a share of market value0.4%0.2%-4.3%-20.4%——

Growth per year

Compound annual rate

3 years5 years10 years
Revenue-6.1%6.7%—
Operating income-13.6%11.8%—
Net income-11.2%17.1%—

Average margins

Over each period

1 year3 years5 years10 years
Gross margin33.1%31.5%30.5%—
Operating margin7.7%8.1%8.4%—
Net margin6.0%6.1%6.2%—

Valuation history

At each fiscal year end

FY2025FY2024FY2023FY2022FY2021
Price to earnings13.079.1-328.519.319.8
Price to sales0.85.19.01.41.7

Dividends and splits

Per share, in the currency the company pays

Paid for 4 years. Last went ex-dividend on 20 May 2026.

FY2026FY2025FY2024FY2023FY2022
Paid in the year0.4470.6260.3160.560.558

Sources and methodology

Data on this tab
Our data supplier
Chart on the Overview
TradingView

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