Sells stainless steel pipes and fittings to water and gas suppliers, urban planners and real estate developers.
20-F for FY2025, filed Feb 4, 2026We primarily conduct our business through our subsidiary Zhejiang Zhengkang in China. Our core business focuses on providing systematic…View ↗
We specialize in designing and producing pipes and fittings such as double-press thin-walled stainless steel tubes and fittings, carbon…View ↗
Our products focus primarily on the drinking water and gas transmission industries, while a minor portion of revenue is generated from the…View ↗
Earns revenue mainly from selling steel piping products and steel materials, including stainless steel coil and strip.
20-F for FY2025, filed Feb 4, 2026The Company generates its revenues mainly from sales of steel piping products and sales of steel materials such as stainless steel coil and…View ↗
$71.2M
20-F for FY2025, filed Feb 4, 2026
$71.2M ↗
Water and gas transmission companies are key end users, alongside customers in water treatment, real estate, hospitality, hospitals and schools. Products are mostly sold through distributors; local distributors and wholesalers also handle some projects.
20-F for FY2025, filed Feb 4, 2026
Not on paper. It lost $4M in FY2025, but brought in more cash than it spent: $147.8K of free cash flow.
20-F for FY2025, filed Feb 4, 2026
−$4.3MView ↗
20-F for FY2025, filed Feb 4, 2026
−$4MView ↗
20-F for FY2025, filed Feb 4, 2026
$147.8KView ↗
Shrinking. Revenue fell 28% in 4 years, from $99.4M in FY2021 to $71.2M in FY2025, about 8% a year.
Technology activities
The earlier report discussed xSigma Entertainment's online gaming activity and CG Malta investment; the latest report describes one manufacturing segment and labels distributed finance, blockchain-related digital assets and other emerging businesses as a previous technology segment.
20-F for FY2022, filed Jan 31, 2023 20-F for FY2025, filed Feb 4, 2026Investment in CG Malta Holding Limited xSigma Entertainment Limited is primarily engaged in the online gaming industry. Subsequent to the…View ↗
We currently operate one reportable segment: a manufacturing segment primarily engaged in the design, manufacture and sale of stainless…View ↗
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