Chinese Estates Holdings Limited logo

Chinese Estates Holdings Limited

0127.HK

HKSEReal EstateReal Estate - Diversified

Latest quote

HK$1.055

−HK$0.025 · -2.31%

Aug 24, 10:51 AM HKTData delayed

0127.HK company overview

Regular session · HKT · Market data may be delayed.

Company profile

Company website

Chinese Estates Group stands as a leading force in Hong Kong's property development sector. Its publicly listed holding company, Chinese Estates Holdings Limited (stock code: 127), is traded on The Stock Exchange of Hong Kong. The Group's core business model is centered on property investment for rental income and the development of properties for sale. Although primarily focused on Hong Kong, the company has diversified its real estate interests into mainland China and the United Kingdom. Its investment portfolio includes a variety of retail and office assets, with many of its Hong Kong properties strategically situated in prime, highly accessible commercial hubs like Causeway Bay and Wanchai. In mainland China, Chinese Estates owns a luxurious five-star international hotel in Beijing, complemented by four investment properties within London, United Kingdom. Over the past two decades, Chinese Estates has cultivated a strong reputation for conceiving and executing sophisticated redevelopment, renovation, and repackaging programs, specifically designed to enhance the value and revenue of its investment properties. The Group specializes in crafting mid-to-high-end commercial and residential projects, including the development of numerous quality, contemporary residential properties intended for sale.

Industry
Real Estate - Diversified
Sector
Real Estate
Headquarters
HK
CEO
Hoi-Wan Chan
Listed since
Apr 19, 2004
Employees
412

Market position

Day range

Current HK$1.055

52-week range

Current HK$1.055

Open
HK$1.065
Previous close
HK$1.08
Volume
235.5K
1.19× average
Average volume
197.91K
Average daily volume
Market cap
2.01B HKD
Beta
0.47
Market reference 1
50-day average
HK$1.0912
-3.32% below average
200-day average
HK$1.2058
-12.51% below average

Financials

Financial snapshot

Latest / TTM

Valuation & yield

Enterprise value
2.99B HKD
EV / EBITDA
-14.7×
Earnings yield
-16.56%
Free cash flow yield
-11.94%

Profitability & efficiency

Return on equity
-3.26%
Return on assets
-2.63%
Return on invested capital
0.35%

Financial health

Current ratio
1.15×

Financial statements

Margin trends

Profitability as a percentage of reported revenue.

Gross marginOperating marginNet margin
Gross, operating, and net margin trends168%-121%-409%-698%Gross margin, FY2021: 75.69%Gross margin, FY2022: 95.97%Gross margin, FY2023: 89.62%Gross margin, FY2024: 83.20%Gross margin, FY2025: 66.69%Operating margin, FY2021: 46.29%Operating margin, FY2022: 71.19%Operating margin, FY2023: 19.24%Operating margin, FY2024: -20.18%Operating margin, FY2025: 14.08%Net margin, FY2021: -302.61%Net margin, FY2022: 79.73%Net margin, FY2023: 16.20%Net margin, FY2024: -625.97%Net margin, FY2025: -105.87%FY2021FY2022FY2023FY2024FY2025
Gross margin FY2021 75.69%. Gross margin FY2022 95.97%. Gross margin FY2023 89.62%. Gross margin FY2024 83.20%. Gross margin FY2025 66.69%. Operating margin FY2021 46.29%. Operating margin FY2022 71.19%. Operating margin FY2023 19.24%. Operating margin FY2024 -20.18%. Operating margin FY2025 14.08%. Net margin FY2021 -302.61%. Net margin FY2022 79.73%. Net margin FY2023 16.20%. Net margin FY2024 -625.97%. Net margin FY2025 -105.87%.

Income trends

Revenue

366.94M HKD+8.95%

Operating income

51.68M HKD+119.66M HKD

Net income

−388.5M HKD+81.57%
Income trends across reported periods1.94B HKD−43.03M HKD−2.03B HKD−4.01B HKDRevenue, FY2021: 1.16B HKDRevenue, FY2022: 1.45B HKDRevenue, FY2023: 474.4M HKDRevenue, FY2024: 336.81M HKDRevenue, FY2025: 366.94M HKDOperating income, FY2021: 537.76M HKDOperating income, FY2022: 1.03B HKDOperating income, FY2023: 91.28M HKDOperating income, FY2024: −67.98M HKDOperating income, FY2025: 51.68M HKDNet income, FY2021: −3.52B HKDNet income, FY2022: 1.15B HKDNet income, FY2023: 76.83M HKDNet income, FY2024: −2.11B HKDNet income, FY2025: −388.5M HKDFY2021FY2022FY2023FY2024FY2025
Revenue FY2021 1.16B HKD. Revenue FY2022 1.45B HKD. Revenue FY2023 474.4M HKD. Revenue FY2024 336.81M HKD. Revenue FY2025 366.94M HKD. Operating income FY2021 537.76M HKD. Operating income FY2022 1.03B HKD. Operating income FY2023 91.28M HKD. Operating income FY2024 −67.98M HKD. Operating income FY2025 51.68M HKD. Net income FY2021 −3.52B HKD. Net income FY2022 1.15B HKD. Net income FY2023 76.83M HKD. Net income FY2024 −2.11B HKD. Net income FY2025 −388.5M HKD.
Metric (HKD)FY2025FY2024FY2023FY2022FY2021
Revenue366.94M HKD336.81M HKD474.4M HKD1.45B HKD1.16B HKD
Cost of goods sold122.22M HKD56.59M HKD49.26M HKD58.26M HKD282.46M HKD
Gross profit244.72M HKD280.23M HKD425.15M HKD1.39B HKD879.21M HKD
Selling, general, and administrative272.22M HKD348.2M HKD333.87M HKD358.05M HKD344.5M HKD
Operating expenses193.04M HKD348.21M HKD333.87M HKD358.05M HKD341.45M HKD
Interest income126.04M HKD56.72M HKD33.18M HKD16.94M HKD4.2M HKD
Interest expense88.87M HKD205.63M HKD221.85M HKD138.53M HKD101.23M HKD
Depreciation and amortization79.18M HKD106.48M HKD104.6M HKD120.03M HKD124.77M HKD
Operating income51.68M HKD−67.98M HKD91.28M HKD1.03B HKD537.76M HKD
Net income−388.5M HKD−2.11B HKD76.83M HKD1.15B HKD−3.52B 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 estimates1.150.42-0.31-1.03Q2 '22Q1 '23Q3 '23Q1 '24Q3 '24Q1 '25Q3 '25Q1 '26
Q2 2022, reported Jun 30, 2022: actual 1, estimate —, surprise —, Comparison unavailable. Q1 2023, reported Mar 10, 2023: actual 0.148, estimate —, surprise —, Comparison unavailable. Q3 2023, reported Aug 15, 2023: actual 0.077, estimate —, surprise —, Comparison unavailable. Q1 2024, reported Mar 15, 2024: actual -0.037, estimate —, surprise —, Comparison unavailable. Q3 2024, reported Aug 14, 2024: actual -0.221, estimate —, surprise —, Comparison unavailable. Q1 2025, reported Feb 28, 2025: actual -0.884, estimate —, surprise —, Comparison unavailable. Q3 2025, reported Aug 18, 2025: actual -0.215, estimate —, surprise —, Comparison unavailable. Q1 2026, reported Feb 26, 2026: actual 0.012, estimate —, surprise —, Comparison unavailable.

Revenue: actual versus estimate

Recent quarterly results

ActualEstimate
Quarterly Revenue actual values compared with estimates5.21B3.48B1.76B35.5MQ2 '22No estimateQ1 '23MissQ3 '23MissQ1 '24MissQ3 '24No estimateQ1 '25No estimateQ3 '25No estimateQ1 '26No estimate
Q2 2022, reported Jun 30, 2022: actual 1.17B HKD, estimate —, surprise —, Comparison unavailable. Q1 2023, reported Mar 10, 2023: actual 276.32M HKD, estimate 4.83B HKD, surprise -94.27%, Miss. Q3 2023, reported Aug 15, 2023: actual 240.07M HKD, estimate 4.83B HKD, surprise -95.03%, Miss. Q1 2024, reported Mar 15, 2024: actual 238.67M HKD, estimate 4.83B HKD, surprise -95.05%, Miss. Q3 2024, reported Aug 14, 2024: actual 183.87M HKD, estimate —, surprise —, Comparison unavailable. Q1 2025, reported Feb 28, 2025: actual 41.77M HKD, estimate —, surprise —, Comparison unavailable. Q3 2025, reported Aug 18, 2025: actual 42.72M HKD, estimate —, surprise —, Comparison unavailable. Q1 2026, reported Feb 26, 2026: actual 188.46M HKD, estimate —, surprise —, Comparison unavailable.

Corporate actions

Annual dividends per share

Cash distributions grouped by calendar year; partial years are marked.

HK$0.04

2025 complete year-99.2% since 2017

Corporate action history

Dividend

Ex-dividend Aug 27, 2025

HK$0.01

Quarterly

Record Aug 29, 2025 · Payment Sep 9, 2025

Dividend

Ex-dividend May 27, 2025

HK$0.03

Irregular

Record May 28, 2025 · Payment Jun 10, 2025

Dividend

Ex-dividend May 28, 2021

HK$0.01

Special

Record May 31, 2021 · Payment Jun 11, 2021

Dividend

Ex-dividend Aug 25, 2020

HK$0.01

Semi-Annual

Record Aug 27, 2020 · Payment Sep 7, 2020

Dividend

Ex-dividend May 28, 2020

HK$0.01

Semi-Annual

Record May 29, 2020 · Payment Jun 11, 2020

Dividend

Ex-dividend Aug 14, 2019

HK$0.01

Annual

Record Aug 15, 2019 · Payment Aug 27, 2019

ETFs holding 0127.HK

Funds reporting this stock among their holdings, ordered by reported position size.

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