Greenheart Group Limited logo

Greenheart Group Limited

0094.HK

HKSEBasic MaterialsPaper, Lumber & Forest Products

Latest quote

HK$0.052

HK$0.00 · 0.00%

Aug 24, 2:50 PM HKTData delayed

0094.HK company overview

Regular session · HKT · Market data may be delayed.

Company profile

Company website

Greenheart Group Limited is an investment holding company that operates an extensive global forestry business, with activities primarily centered in Suriname and New Zealand. This enterprise encompasses the harvesting of hardwood logs, timber processing, and the subsequent marketing, sale, and distribution of both logs and finished timber products. Their product portfolio includes softwood, predominantly radiata pine logs, which are utilized in the production of sawn timber, plywood, and veneer. Hardwood products are supplied for a diverse range of applications, such as furniture manufacturing, flooring, decking, windows, doors, heavy outdoor construction, interior design, and marine uses. By the close of 2021 (December 31), Greenheart managed freehold radiata pine plantation forest assets spanning approximately 12,700 hectares within New Zealand's Northland region. Concurrently, in Suriname, South America, the company held significant concession and cutting rights covering around 298,000 hectares. Beyond these core forestry operations, the company delivers various ancillary services, including corporate, administrative, and general management support, as well as specialized forest management. Its functions also extend to securing timber concessions, executing log and timber product harvesting and sales, manufacturing and selling pallets, and overseeing all forestry-related administration. Established in 1991, the company was initially known as Omnicorp Limited before rebranding as Greenheart Group Limited in December 2010. Headquartered in Wanchai, Hong Kong, Greenheart Group Limited operates as a subsidiary of Newforest Limited.

Industry
Paper, Lumber & Forest Products
Sector
Basic Materials
Headquarters
HK
CEO
Wai Chuen Ding
Listed since
Jun 21, 1988
Employees
20

Market position

Day range

Current HK$0.052

52-week range

Current HK$0.052

Open
HK$0.053
Previous close
HK$0.052
Volume
400K
0.85× average
Average volume
472.56K
Average daily volume
Market cap
144.69M HKD
Beta
0.51
Market reference 1
50-day average
HK$0.0556
-6.51% below average
200-day average
HK$0.0701
-25.86% below average

Financials

Financial snapshot

Latest / TTM

Valuation & yield

Enterprise value
3.4B HKD
EV / EBITDA
-90.3×
Earnings yield
-3.37%
Free cash flow yield
-1.01%

Profitability & efficiency

Return on equity
-17.06%
Return on assets
-14.63%
Return on invested capital
-7.29%

Financial health

Current ratio
2.71×

Financial statements

Margin trends

Profitability as a percentage of reported revenue.

Gross marginOperating marginNet margin
Gross, operating, and net margin trends41%-72%-184%-297%Gross margin, FY2021: 10.09%Gross margin, FY2022: -29.77%Gross margin, FY2023: -99.41%Gross margin, FY2024: -112.99%Gross margin, FY2025: 12.72%Operating margin, FY2021: -13.99%Operating margin, FY2022: -60.72%Operating margin, FY2023: -165.84%Operating margin, FY2024: -205.54%Operating margin, FY2025: -111.53%Net margin, FY2021: -11.52%Net margin, FY2022: -41.48%Net margin, FY2023: -102.30%Net margin, FY2024: -268.43%Net margin, FY2025: -236.89%FY2021FY2022FY2023FY2024FY2025
Gross margin FY2021 10.09%. Gross margin FY2022 -29.77%. Gross margin FY2023 -99.41%. Gross margin FY2024 -112.99%. Gross margin FY2025 12.72%. Operating margin FY2021 -13.99%. Operating margin FY2022 -60.72%. Operating margin FY2023 -165.84%. Operating margin FY2024 -205.54%. Operating margin FY2025 -111.53%. Net margin FY2021 -11.52%. Net margin FY2022 -41.48%. Net margin FY2023 -102.30%. Net margin FY2024 -268.43%. Net margin FY2025 -236.89%.

Income trends

Revenue

42.36M HKD-18.34%

Operating income

−47.24M HKD+55.69%

Net income

−100.35M HKD+27.93%
Income trends across reported periods367.66M HKD179.1M HKD−9.46M HKD−198.03M HKDRevenue, FY2021: 320.52M HKDRevenue, FY2022: 164.31M HKDRevenue, FY2023: 90.98M HKDRevenue, FY2024: 51.87M HKDRevenue, FY2025: 42.36M HKDOperating income, FY2021: −44.84M HKDOperating income, FY2022: −99.77M HKDOperating income, FY2023: −150.89M HKDOperating income, FY2024: −106.62M HKDOperating income, FY2025: −47.24M HKDNet income, FY2021: −36.94M HKDNet income, FY2022: −68.15M HKDNet income, FY2023: −93.08M HKDNet income, FY2024: −139.24M HKDNet income, FY2025: −100.35M HKDFY2021FY2022FY2023FY2024FY2025
Revenue FY2021 320.52M HKD. Revenue FY2022 164.31M HKD. Revenue FY2023 90.98M HKD. Revenue FY2024 51.87M HKD. Revenue FY2025 42.36M HKD. Operating income FY2021 −44.84M HKD. Operating income FY2022 −99.77M HKD. Operating income FY2023 −150.89M HKD. Operating income FY2024 −106.62M HKD. Operating income FY2025 −47.24M HKD. Net income FY2021 −36.94M HKD. Net income FY2022 −68.15M HKD. Net income FY2023 −93.08M HKD. Net income FY2024 −139.24M HKD. Net income FY2025 −100.35M HKD.
Metric (HKD)FY2025FY2024FY2023FY2022FY2021
Revenue42.36M HKD51.87M HKD90.98M HKD164.31M HKD320.52M HKD
Cost of goods sold36.97M HKD110.48M HKD181.43M HKD213.22M HKD288.19M HKD
Gross profit5.39M HKD−58.61M HKD−90.44M HKD−48.91M HKD32.33M HKD
Selling, general, and administrative52.63M HKD48.01M HKD60.44M HKD74.63M HKD91.68M HKD
Operating expenses52.63M HKD48.01M HKD60.44M HKD74.39M HKD52.18M HKD
Interest income641K HKD1.21M HKD1.4M HKD340K HKD81K HKD
Interest expense21.6M HKD24.63M HKD23.81M HKD17.11M HKD16.17M HKD
Depreciation and amortization9.62M HKD19.62M HKD50.08M HKD100.92M HKD110.8M HKD
Operating income−47.24M HKD−106.62M HKD−150.89M HKD−99.77M HKD−44.84M HKD
Net income−100.35M HKD−139.24M HKD−93.08M HKD−68.15M HKD−36.94M HKD

Company facts updated Aug 24, 2026.

Earnings

Latest EPS result
0.01

EPS: actual versus estimate

Recent quarterly results

ActualEstimate
Estimates unavailable
Quarterly EPS actual values compared with estimates0.05-0-0.05-0.1Q2 '22Q1 '23Q3 '23Q1 '24Q3 '24Q1 '25Q3 '25Q1 '26
Q2 2022, reported Jun 30, 2022: actual -0.028, estimate —, surprise —, Comparison unavailable. Q1 2023, reported Mar 29, 2023: actual -0.009, estimate —, surprise —, Comparison unavailable. Q3 2023, reported Aug 30, 2023: actual -0.022, estimate —, surprise —, Comparison unavailable. Q1 2024, reported Mar 27, 2024: actual -0.028, estimate —, surprise —, Comparison unavailable. Q3 2024, reported Aug 28, 2024: actual -0.051, estimate —, surprise —, Comparison unavailable. Q1 2025, reported Mar 25, 2025: actual -0.024, estimate —, surprise —, Comparison unavailable. Q3 2025, reported Aug 26, 2025: actual -0.059, estimate —, surprise —, Comparison unavailable. Q1 2026, reported Mar 23, 2026: actual 0.006, estimate —, surprise —, Comparison unavailable.

Revenue: actual versus estimate

Recent quarterly results

ActualEstimate
Estimates unavailable
Quarterly Revenue actual values compared with estimates101.07M73.22M45.38M17.54MQ2 '22Q1 '23Q3 '23Q1 '24Q3 '24Q1 '25Q3 '25Q1 '26
Q2 2022, reported Jun 30, 2022: actual 95.11M HKD, estimate —, surprise —, Comparison unavailable. Q1 2023, reported Mar 29, 2023: actual 69.2M HKD, estimate —, surprise —, Comparison unavailable. Q3 2023, reported Aug 30, 2023: actual 50.73M HKD, estimate —, surprise —, Comparison unavailable. Q1 2024, reported Mar 27, 2024: actual 40.25M HKD, estimate —, surprise —, Comparison unavailable. Q3 2024, reported Aug 28, 2024: actual 27.67M HKD, estimate —, surprise —, Comparison unavailable. Q1 2025, reported Mar 25, 2025: actual 24.2M HKD, estimate —, surprise —, Comparison unavailable. Q3 2025, reported Aug 26, 2025: actual 20.63M HKD, estimate —, surprise —, Comparison unavailable. Q1 2026, reported Mar 23, 2026: actual 21.73M HKD, estimate —, surprise —, Comparison unavailable.

Corporate actions

Corporate action history

Stock split

Effective Jun 4, 2018

11:10

Stock split

Effective Apr 26, 2005

1,247:1,000

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