18

Heng Hup Holdings LtdHKG 1891 Stock Report

Last reporting period 30 Jun, 2023

Updated 29 Oct, 2024

Last price

Market cap $B

0.012

Micro

Exchange

XHKG - Hong Kong Exchange

1891.HK Stock Analysis

18

Uncovered

Heng Hup Holdings Ltd is uncovered by Eyestock quantitative analysis.

Rating

To assess the quality of a company's business, we have collected all financial data from the statements and presented them in the form of a single number - the company's rating. Rating value of 100 is the threshold for determining a viable investment.

11/100

Low score

Market cap $B

0.012

Dividend yield

4.82 %

Shares outstanding

1 000 B

Heng Hup Holdings Ltd. is an investment company, which engages in trading of recycling materials. The company is headquartered in Selangor Darul Ehsan, Selangor and currently employs 178 full-time employees. The company went IPO on 2019-03-15. The firm operates three scrapyards equipped with the processing machinery mainly for ferrous metals strategically located in areas where the availability of scrap ferrous metals can be assured and nearby its steel mill customers in the states of Melaka, Selangor and Johor, with an aggregate land area of approximately 51,000 square meters. The firm is engaged in the business of scrapyard sales and direct delivery sales. The firm purchases scrap ferrous metals from various sources and process them at its scrapyard to the required specification before on selling them to its steel mill customers. The firm purchases processed scrap ferrous metals from external third-party scrapyards, such as suppliers who are not approved scrap metal providers of the steel mills and on sell them to customers without its processing. The Company’s products include Scrap Ferrous Metals, Used Batteries and Waste Paper.

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