Want to see HK:2245 full AI Analyst Report?
Lygend Resources & Technology Co., Ltd. Class H (2245) AI Stock Analysis
Top Page
Lygend Resources & Technology Co., Ltd. Class H
(HKEX:2245)
The score is driven primarily by strong operating performance but tempered by high leverage and inconsistent free cash flow/cash conversion. Valuation is a key positive with a very low P/E and a healthy dividend yield. Technicals are mixed, with positive MACD but price still below longer-term levels and momentum indicators near neutral.
Lygend Resources & Technology Co., Ltd. Class H (2245) vs. iShares MSCI Hong Kong ETF (EWH)
- Market Cap
- HKD 26.05B
- Dividend Yield
- 4.12%
- Average Volume (3M)
- 3.23M
- Price to Earnings (P/E)
- 5.3
- Beta (1Y)
- 1.36
- Revenue Growth
- 34.76%
- EPS Growth
- 66.30%
- Country
- Hong Kong
- Employees
- 16,137
- Sector
- Basic Materials
- Sector Strength
- 61
- Industry
- Industrial Materials
Lygend Resources & Technology Co., Ltd. Class H Business Overview & Revenue Model
Company Description
Lygend Resources & Technology Co., Ltd., together with its subsidiaries, engages in the production, smelting, and trading of nickel products in Mainland China and internationally. The company offers nickel ores, ferronickel, mixed hydroxide precipita...
How the Company Makes Money
Lygend Resources & Technology Co., Ltd. makes money primarily by selling nickel products produced and/or processed through its operational and supply-chain activities, and by earning margins from related trading of nickel-bearing raw materials and in...
Lygend Resources & Technology Co., Ltd. Class H Financial Statement Overview
Summary
Strong revenue expansion and solid profitability with improving margins into 2025 support the score. Offsetting factors are elevated leverage (debt-to-equity ~1.46 in 2025) and weak/volatile cash conversion, with free cash flow often negative in 2022–2024 and only modestly positive in 2025.
Income Statement
78PositiveBalance Sheet
62PositiveCash Flow
49Neutral| Breakdown | TTM | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 47.11B | 40.24B | 29.23B | 21.06B | 18.29B | 12.45B |
| Gross Profit | 10.48B | 7.72B | 5.35B | 3.38B | 4.49B | 1.52B |
| EBITDA | 10.34B | 7.60B | 4.83B | 2.96B | 3.91B | 1.61B |
| Net Income | 4.13B | 2.86B | 1.77B | 1.05B | 1.74B | 1.10B |
Balance Sheet | ||||||
| Total Assets | 54.69B | 48.28B | 37.96B | 30.68B | 20.84B | 12.28B |
| Cash, Cash Equivalents and Short-Term Investments | 10.49B | 9.84B | 5.03B | 4.62B | 4.45B | 1.41B |
| Total Debt | 19.41B | 18.63B | 13.85B | 11.53B | 6.29B | 4.76B |
| Total Liabilities | 31.13B | 27.35B | 20.27B | 17.19B | 8.81B | 7.11B |
| Stockholders Equity | 14.00B | 12.73B | 10.76B | 9.19B | 8.48B | 3.14B |
Cash Flow | ||||||
| Free Cash Flow | 1.26B | 1.68B | -1.49B | -4.20B | -1.90B | 427.80M |
| Operating Cash Flow | 5.46B | 6.46B | 4.23B | 2.57B | 2.00B | 811.32M |
| Investing Cash Flow | -3.83B | -4.78B | -5.67B | -7.40B | -3.78B | -643.30M |
| Financing Cash Flow | -138.20M | 784.84M | 1.85B | 4.95B | 4.58B | 997.24M |
Lygend Resources & Technology Co., Ltd. Class H Technical Analysis
Price Trends
Market Momentum
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For HK:2245, the sentiment is Negative. The current price of 16.74 is below the 20-day moving average (MA) of 18.15, below the 50-day MA of 18.10, and below the 200-day MA of 17.42, indicating a bearish trend. The MACD of -0.43 indicates Positive momentum. The RSI at 44.27 is Neutral, neither overbought nor oversold. The STOCH value of 58.04 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for HK:2245.
Lygend Resources & Technology Co., Ltd. Class H Peers Comparison
Overall Rating
- HK:224568Neutral
HK:399366.4Neutral
HK:109153Neutral
HK:223749Neutral
HK:076944Neutral
HK:060137Underperform
Financial Indicators
| Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
| HK:2245 | 68Neutral | HKD 26.31B | 5.34 | 30.91% | 4.12% | 34.76% | 66.30% |
| HK:3993 | 66Neutral | HKD 329.39B | 9.68 | 32.65% | 3.54% | 38.53% | 62.42% |
| Sector * | 61Neutral | $10.43B | 7.12 | -0.05% | 2.87% | 2.86% | -36.73% |
| HK:1091 | 53Neutral | HKD 2.28B | 5.38 | 11.28% | ― | -32.45% | ― |
| HK:2237 | 49Neutral | HKD 256.00M | 30.86 | 1.58% | ― | 2.31% | ― |
| HK:0769 | 44Neutral | HKD 1.95B | -15.63 | -5.27% | ― | ― | ― |
| HK:0601 | 37Underperform | HKD 44.76M | -0.12 | 336.15% | ― | -42.50% | 19.00% |
* Basic Materials Sector Average
Performance Comparison
| Show on chart | Ticker | Company Name | Price | Change | % Change |
|---|---|---|---|---|---|
| HK:2245 | Lygend Resources & Technology Co., Ltd. Class H | 16.74 | -4.65 | -21.73% | |
| HK:3993 | CMOC Group | 12.32 | -3.56 | -22.42% | |
| HK:0769 | China Rare Earth Holdings | 0.70 | 0.00 | 0.00% | |
| HK:0601 | Rare Earth Magnesium Technology Group Holdings Ltd. | 0.07 | -0.03 | -30.11% | |
| HK:1091 | South Manganese Investment Limited | 0.39 | -0.05 | -11.49% | |
| HK:2237 | China Graphite Group Ltd. | 0.16 | -0.23 | -58.97% |
Lygend Resources & Technology Co., Ltd. Class H Corporate Events
Lygend Resources Sets October Board Meeting to Approve Nine-Month Results
Lygend Resources & Technology Co., Ltd. has scheduled a board meeting for 29 October 2026 to review and approve the unaudited quarterly results for the nine months ended 30 September 2026. The company also plans to publish these results, a key st...
Lygend Resources Sets Board Meeting to Approve Nine-Month Unaudited Results
Lygend Resources & Technology has scheduled a board meeting for 29 October 2026 to review and approve the unaudited quarterly results of the company and its subsidiaries for the nine months ended 30 September 2026, followed by their public releas...
Lygend Resources & Technology Details Board and Governance Structure
Lygend Resources & Technology Co., Ltd., a PRC-incorporated joint stock company listed in Hong Kong, operates in the resources and technology sector and is governed by a board that includes executive, non-executive, independent non-executive, and...
Lygend Resources Formalizes Nomination Committee to Strengthen Governance
Lygend Resources & Technology Co., Ltd. Class H, listed in Hong Kong and Shenzhen, has created a Nomination Committee under its board to oversee the selection and appointment of directors and senior management. The committee structure aligns with...
Lygend Resources Forms Board‑Level Strategy and ESG Committee to Bolster Governance
Lygend Resources & Technology Co., Ltd. has established a Strategy and ESG Committee under its board to strengthen long‑term strategic planning, major investment decision‑making and ESG oversight. The committee consists of three direc...
Lygend Resources & Technology Sets Out New Audit Committee Governance Framework
Lygend Resources & Technology Co., Ltd. operates in the natural resources and technology sector through its consolidated subsidiaries, focusing on activities that require robust financial oversight and risk management. The group is listed on the...
Lygend Resources & Technology Tightens Governance With New Remuneration Committee Charter
Lygend Resources & Technology Co., Ltd. has established a Remuneration Committee under its Board of Directors to design and oversee a scientific, effective and transparent remuneration management system for directors and senior management. The co...
Lygend Resources Completes Shenzhen A-Share Listing, Expands Dual-Market Footprint
Lygend Resources & Technology Co., Ltd. has secured approval for an initial public offering of its A shares on the Main Board of the Shenzhen Stock Exchange, adding to its existing H-share listing in Hong Kong. The move further cements the compan...
Lygend Resources completes A share IPO on Shenzhen Stock Exchange
Lygend Resources & Technology has advanced its dual-listing strategy by completing the initial public offering of its A shares on the Main Board of the Shenzhen Stock Exchange. The company will trade under the stock abbreviation Lygend Resources...
Lygend Sets Size and Price for Shenzhen A-Share IPO
Lygend Resources & Technology Co., Ltd., a PRC-incorporated resources and technology company with H shares listed in Hong Kong under stock code 2245, is pursuing a dual-market presence by seeking an A-share listing on the Main Board of the Shenzh...
Lygend Resources & Technology Starts Pricing Process for Shenzhen A Share IPO
Lygend Resources & Technology Co., Ltd. has launched the preliminary price consultation for its proposed A share initial public offering on the Shenzhen Stock Exchange, with consultations scheduled in the PRC on 15 September 2026 to determine the...
Lygend Resources & Technology Nearly Doubles Interim Profit on Margin Surge
Lygend Resources & Technology reported a strong interim performance for the six months ended 30 June 2026, with revenue rising 39.8% year-on-year to RMB25.36 billion and gross profit jumping 79.6% to RMB6.43 billion. The gross profit margin expan...
Lygend Resources Sets August Board Meeting to Approve Interim Results and Dividend Plan
Lygend Resources & Technology has scheduled a board meeting for 27 August 2026 to review and approve the unaudited consolidated results for the six months ended 30 June 2026 and to consider the publication of those interim figures. The board will...
Lygend Resources Wins CSRC Nod for Planned Shenzhen A-Share Listing
Lygend Resources & Technology has received approval from the China Securities Regulatory Commission for its proposed initial public offering of A shares on the Main Board of the Shenzhen Stock Exchange. This milestone advances the company’s...
Lygend Reaches Full Capacity at Obi Island Nickel Smelting Projects
Lygend Resources & Technology has announced that all production lines of the KPS project, Phase II of its RKEF nickel smelting project on Obi Island in Indonesia, have reached their designed production capacities as of August 1, 2026. The KPS pro...
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.
Date of analysis: Sep 13, 2026