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Great China Holdings (Hong Kong) Limited logo

Great China Holdings (Hong Kong) Limited

0021.HK

HKSEReal EstateReal Estate - Development

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Latest quote

HK$0.105

−HK$0.005 · -4.55%

Aug 21, 3:59 PM HKT

0021.HK company overview

Regular session · HKT · Market data may be delayed.

Company profile

Company website

Great China Holdings (Hong Kong) Limited functions as an investment holding enterprise, concentrating its core operations on real estate development and property investments throughout the People's Republic of China. The company's activities encompass the acquisition, construction, and divestiture of both residential and commercial assets. Additionally, it provides property management solutions and oversees the operation of a resort establishment. Founded in 1954, this Hong Kong-based firm, with its headquarters in Wan Chai, transitioned to its present name in July 2022, having formerly been recognized as Great China Properties Holdings Limited.

Industry
Real Estate - Development
Sector
Real Estate
Headquarters
HK
CEO
Wenxi Huang
Listed since
Jul 21, 2004
Employees
102

Market position

52-week range

Current HK$0.105

Open
HK$0.105
Previous close
HK$0.11
Volume
100
0× average
Average volume
1.98M
Average daily volume
Market cap
417.4M HKD
Beta
0.49
Market reference 1
50-day average
HK$0.0782
+34.27% above average
200-day average
HK$0.0848
+23.76% above average

Financials

Financial snapshot

Latest / TTM

Valuation & yield

Enterprise value
411.02M HKD
P/E (TTM)
-2.81×
P/B (TTM)
0.69×
P/S (TTM)
6.83×
EV / EBITDA
-2.72×
Earnings yield
-36.23%
Free cash flow yield
-2.62%
Dividend yield
0.00%

Profitability & efficiency

Gross margin
18.49%
Operating margin
-25.34%
Net margin
-242.81%
Return on equity
-24.53%
Return on assets
-7.74%
Return on invested capital
-0.81%

Financial health

Debt / equity
0.03×
Current ratio
1.04×

Financial statements

Margin trends

Profitability as a percentage of reported revenue.

Gross marginOperating marginNet margin
Gross, operating, and net margin trends512%153%-206%-566%Gross margin, FY2021: 54.92%Gross margin, FY2022: 38.75%Gross margin, FY2023: 39.36%Gross margin, FY2024: 30.64%Gross margin, FY2025: 18.49%Operating margin, FY2021: -201.15%Operating margin, FY2022: -124.72%Operating margin, FY2023: -115.00%Operating margin, FY2024: 75.19%Operating margin, FY2025: -25.34%Net margin, FY2021: -475.87%Net margin, FY2022: 422.61%Net margin, FY2023: -16.95%Net margin, FY2024: 12.90%Net margin, FY2025: -242.81%FY2021FY2022FY2023FY2024FY2025
Gross margin FY2021 54.92%. Gross margin FY2022 38.75%. Gross margin FY2023 39.36%. Gross margin FY2024 30.64%. Gross margin FY2025 18.49%. Operating margin FY2021 -201.15%. Operating margin FY2022 -124.72%. Operating margin FY2023 -115.00%. Operating margin FY2024 75.19%. Operating margin FY2025 -25.34%. Net margin FY2021 -475.87%. Net margin FY2022 422.61%. Net margin FY2023 -16.95%. Net margin FY2024 12.90%. Net margin FY2025 -242.81%.

Income trends

Revenue

61.1M HKD-53.92%

Operating income

−15.48M HKD−115.17M HKD

Net income

−148.36M HKD−165.46M HKD
Income trends across reported periods160.68M HKD48.3M HKD−64.07M HKD−176.45M HKDRevenue, FY2021: 10.02M HKDRevenue, FY2022: 12.55M HKDRevenue, FY2023: 23.84M HKDRevenue, FY2024: 132.58M HKDRevenue, FY2025: 61.1M HKDOperating income, FY2021: −20.15M HKDOperating income, FY2022: −15.65M HKDOperating income, FY2023: −27.42M HKDOperating income, FY2024: 99.69M HKDOperating income, FY2025: −15.48M HKDNet income, FY2021: −47.67M HKDNet income, FY2022: 53.02M HKDNet income, FY2023: −4.04M HKDNet income, FY2024: 17.11M HKDNet income, FY2025: −148.36M HKDFY2021FY2022FY2023FY2024FY2025
Revenue FY2021 10.02M HKD. Revenue FY2022 12.55M HKD. Revenue FY2023 23.84M HKD. Revenue FY2024 132.58M HKD. Revenue FY2025 61.1M HKD. Operating income FY2021 −20.15M HKD. Operating income FY2022 −15.65M HKD. Operating income FY2023 −27.42M HKD. Operating income FY2024 99.69M HKD. Operating income FY2025 −15.48M HKD. Net income FY2021 −47.67M HKD. Net income FY2022 53.02M HKD. Net income FY2023 −4.04M HKD. Net income FY2024 17.11M HKD. Net income FY2025 −148.36M HKD.
Metric (HKD)FY2025FY2024FY2023FY2022FY2021
Revenue61.1M HKD132.58M HKD23.84M HKD12.55M HKD10.02M HKD
Cost of goods sold49.8M HKD91.95M HKD14.46M HKD7.94M HKD4.89M HKD
Gross profit11.3M HKD40.63M HKD9.39M HKD4.86M HKD5.5M HKD
Research and development———4.24 HKD−4.61 HKD
Selling, general, and administrative28.46M HKD32.9M HKD36.8M HKD20.51M HKD25.65M HKD
Operating expenses26.78M HKD32.9M HKD36.8M HKD20.51M HKD25.65M HKD
Interest income24K HKD254K HKD282K HKD134K HKD133K HKD
Interest expense1.09M HKD1.17M HKD706K HKD65K HKD64K HKD
Depreciation and amortization1.67M HKD2.05M HKD1.82M HKD2.66M HKD2.9M HKD
Operating income−15.48M HKD99.69M HKD−27.42M HKD−15.65M HKD−20.15M HKD
Net income−148.36M HKD17.11M HKD−4.04M HKD53.02M HKD−47.67M HKD

Company facts updated Aug 24, 2026.

Earnings

Latest EPS result
0

EPS: actual versus estimate

Recent quarterly results

ActualEstimate
Estimates unavailable
Quarterly EPS actual values compared with estimates1.080.690.3-0.09Q2 '21Q4 '21Q3 '22Q1 '23Q3 '23Q1 '24Q3 '24Q1 '25
Q2 2021, reported Jun 30, 2021: actual 1, estimate —, surprise —, Comparison unavailable. Q4 2021, reported Dec 31, 2021: actual 1, estimate —, surprise —, Comparison unavailable. Q3 2022, reported Aug 30, 2022: actual 1, estimate —, surprise —, Comparison unavailable. Q1 2023, reported Mar 30, 2023: actual 0.004, estimate —, surprise —, Comparison unavailable. Q3 2023, reported Aug 31, 2023: actual 0.007, estimate —, surprise —, Comparison unavailable. Q1 2024, reported Mar 29, 2024: actual -0.008, estimate —, surprise —, Comparison unavailable. Q3 2024, reported Aug 26, 2024: actual 0.002, estimate —, surprise —, Comparison unavailable. Q1 2025, reported Mar 31, 2025: actual 0.002, estimate —, surprise —, Comparison unavailable.

Revenue: actual versus estimate

Recent quarterly results

ActualEstimate
Estimates unavailable
Quarterly Revenue actual values compared with estimates137.23M92.79M48.34M3.9MQ2 '21Q4 '21Q3 '22Q1 '23Q3 '23Q1 '24Q3 '24Q1 '25
Q2 2021, reported Jun 30, 2021: actual 5.81M HKD, estimate —, surprise —, Comparison unavailable. Q4 2021, reported Dec 31, 2021: actual 4.58M HKD, estimate —, surprise —, Comparison unavailable. Q3 2022, reported Aug 30, 2022: actual 6.52M HKD, estimate —, surprise —, Comparison unavailable. Q1 2023, reported Mar 30, 2023: actual 6.28M HKD, estimate —, surprise —, Comparison unavailable. Q3 2023, reported Aug 31, 2023: actual 18.78M HKD, estimate —, surprise —, Comparison unavailable. Q1 2024, reported Mar 29, 2024: actual 5.4M HKD, estimate —, surprise —, Comparison unavailable. Q3 2024, reported Aug 26, 2024: actual 5.55M HKD, estimate —, surprise —, Comparison unavailable. Q1 2025, reported Mar 31, 2025: actual 127.4M HKD, estimate —, surprise —, Comparison unavailable.

Corporate actions

Corporate action history

Stock split

Effective Jun 13, 2011

13:12

Stock split

Effective Jul 16, 2004

10:1

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