Hong Kong Stock Exchange · Industrials
Invest in Heng Hup stock from India
Indian and foreign residents can buy Heng Hup (1891) shares directly through Paasa.
By Paasa · Updated
Heng Hup at a glance
- Price
- HK$0.22-HK$0.00 (0.90%)
- Market cap
- HK$220.00M
- Day range
- HK$0.22 – HK$0.22
- P/E
- 15.90
- Dividend yield
- None
- Volume
- 176.00K
- 1 month
- +44.74%
- 6 months
- +42.86%
- YTD
- +52.78%
- 1 year
- +67.94%
- 5 years
- +14.58%
Heng Hup statements, FY2021–FY2025
| Fiscal year | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Revenue | MYR 1.5B | MYR 1.7B | MYR 1.3B | MYR 1.4B | MYR 1.4B |
| Gross profit | MYR 123.1M | MYR 126.0M | MYR 77.1M | MYR 52.3M | MYR 77.6M |
| Operating income | MYR 20.5M | MYR 37.9M | MYR 17.9M | MYR 6.5M | MYR 36.9M |
| Net income | MYR 14.6M | MYR 25.5M | MYR 8.5M | MYR 2.4M | MYR 25.5M |
| Earnings per share | MYR 0.01 | MYR 0.03 | MYR 0.01 | MYR 0.00 | MYR 0.03 |
| EBITDA | MYR 27.8M | MYR 45.1M | MYR 26.5M | MYR 13.5M | MYR 42.0M |
| Total assets | MYR 385.8M | MYR 380.3M | MYR 382.1M | MYR 278.5M | MYR 280.0M |
| Total debt | MYR 91.1M | MYR 89.5M | MYR 107.5M | MYR 54.2M | MYR 34.6M |
| Cash and short-term investments | MYR 57.2M | MYR 51.3M | MYR 24.9M | MYR 28.2M | MYR 29.2M |
| Shareholders' equity | MYR 252.9M | MYR 238.4M | MYR 213.3M | MYR 204.8M | MYR 206.8M |
| Operating cash flow | MYR 11.8M | MYR 67.4M | −MYR 39.0M | MYR 6.8M | −MYR 2.1M |
| Free cash flow | MYR 1.5M | MYR 55.2M | −MYR 49.9M | −MYR 10.8M | −MYR 6.0M |
| Capital expenditure | −MYR 10.3M | −MYR 12.2M | −MYR 10.8M | −MYR 17.6M | −MYR 3.9M |
Fiscal years as reported, the latest ending 31 Dec 2025. Figures in MYR; a dash means the provider reported nothing for that line.
Peer comparison
| Company | Ticker | Price | Market cap |
|---|---|---|---|
| Legion Consortium | 2129.HK | HK$0.29 | HK$362.50M |
| Solis | 2227.HK | HK$0.35 | HK$315.88M |
| AP Rentals | 1496.HK | HK$0.20 | HK$172.80M |
| Lai Si Enterprise | 2266.HK | HK$0.42 | HK$168.00M |
| Lumina | 1162.HK | HK$0.25 | HK$148.20M |
| Yun Lee Marine | 2682.HK | HK$0.13 | HK$133.00M |
| Integrated Waste Solutions | 0923.HK | HK$0.02 | HK$77.17M |
| China Green Broad Ecological Technology | 1253.HK | HK$0.13 | HK$76.12M |
Peers as grouped by the data provider. This is not an investment recommendation.
How to invest in Heng Hup from India
Step 1
Open your Paasa account
KYC takes a few minutes: PAN, Aadhaar and address proof. Your brokerage account is opened in your own name with Interactive Brokers.
Step 2
Add funds from your Indian bank account
Remit up to $250,000 a year under the RBI's Liberalised Remittance Scheme. Your bank converts the rupees to US dollars at its rate on the day you remit, and Interactive Brokers converts the dollars to HKD when you buy.
Step 3
Search 1891 and buy
Find Heng Hup by name or by its ticker, 1891, and place your order. Many Hong Kong listings trade in board lots, so the smallest order is one lot rather than one share.
Why invest in Heng Hup from India
What Heng Hup does
Heng Hup Holdings Limited, an investment conglomerate, primarily engages in the trade of ferrous scrap metal, operating both domestically within Malaysia and across international markets. The company procures these metallic discards from diverse suppliers, subsequently processing and distributing them to steel manufacturing facilities. Heng Hup operates in the Manufacturing - Metal Fabrication industry within the Industrials sector.
Paasa handles the paperwork
Investing abroad brings paperwork with it: remittance filings, capital gains reporting, foreign asset disclosure. Paasa prepares all of it for you. Your India-ready tax reports arrive at year end, ready to file.
Frequently asked questions
Can I buy Heng Hup stock from India?
Yes. Indian residents and NRIs can buy Heng Hup (1891) shares directly through Paasa. Heng Hup is listed on the Hong Kong Stock Exchange, in the Manufacturing - Metal Fabrication industry. Your money leaves India under the RBI's Liberalised Remittance Scheme and the shares are held in your own name at Interactive Brokers.
Do I need to buy a full Heng Hup share?
Usually more than one, and not a fraction: many Hong Kong listings trade in board lots, so the smallest order is one lot rather than one share. At HK$0.22 a share, size the order by the lot, not by the share.
How are Heng Hup dividends taxed for Indian investors?
Heng Hup trades on the Hong Kong Stock Exchange but is domiciled in Malaysia, so any withholding on its dividends follows that country's rules rather than those of Hong Kong. Dividends are taxed at your slab rate in India. Paasa's dividend report shows the gross amount and any tax withheld for each payment.
What tax do I pay in India when I sell Heng Hup shares?
Hong Kong generally does not levy capital gains tax on non-resident individual investors for HKEX-listed stocks. In India, gains on shares held for more than 24 months are long-term and taxed at 12.5%, and gains on shares held for 24 months or less are short-term and taxed at your income-tax slab rate. Both are worked out in rupees at the HKD/INR rate on the day you bought and the day you sold, so the currency move is part of the gain. Paasa's capital-gains statement gives you the figures for your return.