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B

Binhai Investment Co 2886.HK · HKD

Utilities · HKEX · 🇭🇰 Hong Kong

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1.15

0.00%

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 HKD, from our data supplier.

FY2025

Revenue

HK$6.53bn

FY2016FY2025

Net income

HK$240.1m

FY2016FY2025

Free cash flow

HK$124.4m

FY2016FY2025

Shareholders' equity

HK$2.53bn

FY2016FY2025

Income statement

Fiscal years

FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
RevenueHK$6.53bnHK$6.20bnHK$6.41bnHK$6.10bnHK$4.84bnHK$3.65bnHK$3.56bnHK$3.31bnHK$2.75bnHK$2.15bn
Gross profitHK$673.1mHK$569.5mHK$749.0mHK$727.3mHK$855.4mHK$603.4mHK$524.6mHK$612.1mHK$572.3mHK$540.4m
Research and developmentHK$97.9mHK$112.5mHK$119.4mHK$42.0mHK$38.0mHK$28.0mHK$23.0mHK$67.8mHK$59.9mHK$35.8m
Operating incomeHK$350.6mHK$416.5mHK$500.3mHK$488.0mHK$587.7mHK$535.2mHK$281.4mHK$305.4mHK$336.9mHK$385.4m
Net incomeHK$240.1mHK$199.8mHK$256.6mHK$325.8mHK$399.7mHK$354.9mHK$81.1mHK$104.0mHK$221.4mHK$172.2m
Diluted earnings per share0.180.140.190.240.290.260.070.090.190.15

Balance sheet

At each fiscal year end

FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Total assetsHK$8.61bnHK$7.75bnHK$8.59bnHK$8.57bnHK$8.18bnHK$7.09bnHK$6.10bnHK$6.02bnHK$7.88bnHK$4.07bn
Cash and short-term investmentsHK$214.4mHK$385.0mHK$935.4mHK$845.3mHK$742.2mHK$589.8mHK$700.0mHK$987.6mHK$3.26bnHK$323.4m
Total liabilitiesHK$5.84bnHK$5.45bnHK$6.27bnHK$6.28bnHK$5.86bnHK$5.10bnHK$4.74bnHK$4.65bnHK$6.41bnHK$2.85bn
DebtHK$3.57bnHK$3.34bnHK$3.92bnHK$3.93bnHK$3.15bnHK$2.38bnHK$2.56bnHK$2.72bnHK$4.83bnHK$1.79bn
Shareholders' equityHK$2.53bnHK$2.22bnHK$2.23bnHK$2.22bnHK$2.25bnHK$1.94bnHK$1.31bnHK$1.33bnHK$1.43bnHK$1.19bn
Shares outstanding1,355m1,385m1,353m1,352m1,361m1,352m1,174m1,174m1,174m1,174m

Cash flow

Fiscal years

FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Cash from operationsHK$634.9mHK$595.0mHK$832.4mHK$350.3mHK$486.2mHK$772.3mHK$708.3mHK$780.4mHK$521.1mHK$441.7m
Capital spending−HK$510.5m−HK$378.8m−HK$585.5m−HK$635.8m−HK$710.9m−HK$869.4m−HK$635.8m−HK$686.7m−HK$464.8m−HK$314.8m
Free cash flowHK$124.4mHK$216.2mHK$246.9m−HK$285.6m−HK$224.8m−HK$97.1mHK$72.5mHK$93.7mHK$56.3mHK$126.9m
Dividends paid−HK$123.8m−HK$64.7m−HK$135.2m−HK$121.7m−HK$106.8m−HK$41.1m−HK$52.8m−HK$64.6m−HK$58.7m−HK$58.7m

Latest quarters

By quarter end

Jun 2026Mar 2026Dec 2025Sept 2025Jun 2025Dec 2024Jun 2024Dec 2023
RevenueHK$3.42bnHK$977.6mHK$3.12bnHK$977.6mHK$3.41bnHK$2.70bnHK$3.50bnHK$3.29bn
Gross profitHK$344.9mHK$152.8mHK$244.0mHK$152.8mHK$361.1mHK$249.9mHK$285.7mHK$325.9m
Operating incomeHK$192.4mHK$81.7mHK$43.9mHK$81.7mHK$300.2mHK$214.7mHK$255.1mHK$123.4m
Net incomeHK$209.9mHK$66.5mHK$38.8mHK$66.5mHK$201.3mHK$31.9mHK$167.9mHK$90.2m
Diluted earnings per share0.150.050.030.050.150.020.120.07
Cash from operations−HK$49.0m—HK$678.0m—HK$43.0mHK$502.0m−HK$30.0mHK$555.0m
Capital spending−HK$193.0m—−HK$304.0m—−HK$205.0m−HK$119.0m−HK$259.0m−HK$322.0m
Free cash flow−HK$242.0m—HK$374.0m—−HK$162.0mHK$383.0m−HK$289.0mHK$233.0m
Total assetsHK$8.64bn—HK$8.61bn—HK$8.00bnHK$7.75bnHK$8.06bnHK$8.59bn
Cash and short-term investmentsHK$263.4m—HK$214.4m—HK$360.8mHK$385.0mHK$681.3mHK$935.4m
DebtHK$889.1m—HK$3.58bn—HK$3.72bnHK$3.28bnHK$3.92bnHK$3.92bn
Shareholders' equityHK$2.62bn—HK$2.53bn—HK$2.33bnHK$2.22bnHK$2.24bnHK$2.23bn

Financial ratios

Data as of 2 Nov 2026

FY2025FY2024FY2023FY2022FY2021FY2020
Gross margin10.3%9.2%11.7%11.9%17.7%16.5%
Operating margin5.4%6.6%7.9%8.2%12.2%14.7%
Net margin3.7%3.2%4.0%5.3%8.3%9.7%
Return on equity9.5%9.0%11.5%14.7%17.7%18.3%
Return on assets2.8%2.6%3.0%3.8%4.9%5.0%
Free cash flow yield60.7%58.8%87.7%61.0%73.6%101.6%
Revenue growth-9.5%-3.3%5.0%26.0%32.5%2.7%
Earnings growth3.2%-22.1%-21.2%-18.5%12.6%337.6%
Current ratio0.28x0.39x0.46x0.51x0.50x0.35x
Debt to equity1.41x1.47x1.75x1.76x1.39x1.22x
Equity ratio29.4%28.7%26.0%25.9%27.5%27.4%
Interest coverage4.00x2.97x3.11x4.26x5.65x5.12x
R&D as a share of sales1.5%1.8%1.9%0.7%0.8%0.8%
Buybacks as a share of market value2.2%-2.4%-0.1%0.6%-0.6%-15.1%

Growth per year

Compound annual rate

3 years5 years10 years
Revenue2.3%12.3%9.8%
Operating income-10.4%-8.1%-0.9%
Net income-9.7%-7.5%1.9%

Average margins

Over each period

1 year3 years5 years10 years
Gross margin9.8%10.8%12.4%14.5%
Operating margin6.0%7.0%8.5%9.5%
Net margin3.5%4.1%5.3%5.3%

Valuation history

At each fiscal year end

FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Price to earnings6.78.07.66.55.44.521.114.19.213.6
Price to sales0.20.30.30.30.40.40.50.40.71.1

Dividends and splits

Per share, in the currency the company pays

Paid for 12 years. Last went ex-dividend on 12 May 2026.

FY2026FY2025FY2024FY2023FY2022FY2021FY2020FY2019
Paid in the year0.0840.0760.0760.100.090.0790.0350.045
  • 10-to-1 reverse split · 14 May 2015
  • 10-for-1 split · 24 Jul 2001

Sources and methodology

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

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