First Shanghai Investments Limited logo

First Shanghai Investments Limited

0227.HK

HKSEFinancial ServicesFinancial - Capital Markets

Latest quote

HK$0.157

−HK$0.004 · -2.48%

Aug 24, 10:04 AM HKTData delayed

0227.HK company overview

Regular session · HKT · Market data may be delayed.

Company profile

Company website

First Shanghai Investments Limited, a diversified investment conglomerate, maintains diverse operations spanning financial services, real estate and hospitality, medical and healthcare, and direct investments. The company holds a global footprint, conducting business across Hong Kong, mainland China, and various international markets. Its robust financial division delivers a comprehensive suite of services, including securities investment and brokerage, margin financing, corporate finance, underwriting and placements, asset and wealth management, IPO subscriptions, custodian and nominee services, financial intermediation, and investment advisory. This segment further extends to money lending, financial leasing, consultancy, and internet financial service systems, alongside futures, stock, and insurance broking. The company's property and hotel interests encompass the development of a broad spectrum of real estate, from residential and serviced apartments to commercial offices, industrial spaces, hotels, and recreational resorts. It also directly operates hotels and golf courses. In the medical and healthcare sector, First Shanghai Investments is involved in the development and commercialization of therapeutic drugs. It also manages a medical center in Central, Hong Kong, which provides extensive services such as imaging, day surgery, endoscopy, health check-ups, medical beauty treatments, and general and specialist consultations, in addition to offering dental services. Beyond these core areas, the company also engages in container transportation and freight forwarding services. Established in 1964 and headquartered in Central, Hong Kong, the firm was formerly known as Public International Investments Limited, adopting its current name, First Shanghai Investments Limited, in June 1993.

Industry
Financial - Capital Markets
Sector
Financial Services
Headquarters
HK
CEO
Yuen Yat Lo
Listed since
Aug 24, 1972
Employees
453

Market position

Day range

Current HK$0.157

52-week range

Current HK$0.157

Open
HK$0.156
Previous close
HK$0.161
Volume
16K
0.04× average
Average volume
443.57K
Average daily volume
Market cap
343.94M HKD
Beta
0.62
Market reference 1
50-day average
HK$0.1696
-7.42% below average
200-day average
HK$0.2218
-29.23% below average

Financials

Financial snapshot

Latest / TTM

Valuation & yield

Enterprise value
626.02M HKD
P/E (TTM)
-3.66×
P/B (TTM)
0.14×
P/S (TTM)
0.83×
EV / EBITDA
-15.52×
Earnings yield
-17.23%
Free cash flow yield
-54.16%
Dividend yield
0.00%

Profitability & efficiency

Gross margin
67.00%
Operating margin
-17.20%
Net margin
-22.79%
Return on equity
-3.83%
Return on assets
-1.56%
Return on invested capital
-1.18%

Financial health

Debt / equity
0.11×
Current ratio
9.03×
Altman Z-score
0.85
Piotroski F-score
3 of 9

Financial statements

Margin trends

Profitability as a percentage of reported revenue.

Gross marginOperating marginNet margin
Gross, operating, and net margin trends76%37%-1%-39%Gross margin, FY2021: 57.27%Gross margin, FY2022: 64.34%Gross margin, FY2023: 66.30%Gross margin, FY2024: 56.32%Gross margin, FY2025: 49.21%Operating margin, FY2021: -14.32%Operating margin, FY2022: -29.75%Operating margin, FY2023: -19.91%Operating margin, FY2024: 6.65%Operating margin, FY2025: -17.20%Net margin, FY2021: -26.40%Net margin, FY2022: -17.14%Net margin, FY2023: -3.40%Net margin, FY2024: 19.97%Net margin, FY2025: -22.79%FY2021FY2022FY2023FY2024FY2025
Gross margin FY2021 57.27%. Gross margin FY2022 64.34%. Gross margin FY2023 66.30%. Gross margin FY2024 56.32%. Gross margin FY2025 49.21%. Operating margin FY2021 -14.32%. Operating margin FY2022 -29.75%. Operating margin FY2023 -19.91%. Operating margin FY2024 6.65%. Operating margin FY2025 -17.20%. Net margin FY2021 -26.40%. Net margin FY2022 -17.14%. Net margin FY2023 -3.40%. Net margin FY2024 19.97%. Net margin FY2025 -22.79%.

Income trends

Revenue

412.35M HKD+5.63%

Operating income

−70.94M HKD−96.89M HKD

Net income

−93.99M HKD−171.97M HKD
Income trends across reported periods596.82M HKD328.93M HKD61.03M HKD−206.87M HKDRevenue, FY2021: 529.85M HKDRevenue, FY2022: 326.89M HKDRevenue, FY2023: 312.88M HKDRevenue, FY2024: 390.39M HKDRevenue, FY2025: 412.35M HKDOperating income, FY2021: −75.86M HKDOperating income, FY2022: −97.25M HKDOperating income, FY2023: −62.3M HKDOperating income, FY2024: 25.96M HKDOperating income, FY2025: −70.94M HKDNet income, FY2021: −139.9M HKDNet income, FY2022: −56.04M HKDNet income, FY2023: −10.63M HKDNet income, FY2024: 77.97M HKDNet income, FY2025: −93.99M HKDFY2021FY2022FY2023FY2024FY2025
Revenue FY2021 529.85M HKD. Revenue FY2022 326.89M HKD. Revenue FY2023 312.88M HKD. Revenue FY2024 390.39M HKD. Revenue FY2025 412.35M HKD. Operating income FY2021 −75.86M HKD. Operating income FY2022 −97.25M HKD. Operating income FY2023 −62.3M HKD. Operating income FY2024 25.96M HKD. Operating income FY2025 −70.94M HKD. Net income FY2021 −139.9M HKD. Net income FY2022 −56.04M HKD. Net income FY2023 −10.63M HKD. Net income FY2024 77.97M HKD. Net income FY2025 −93.99M HKD.
Metric (HKD)FY2025FY2024FY2023FY2022FY2021
Revenue412.35M HKD390.39M HKD312.88M HKD326.89M HKD529.85M HKD
Cost of goods sold209.42M HKD170.51M HKD105.44M HKD131.85M HKD226.39M HKD
Gross profit202.93M HKD219.88M HKD207.43M HKD210.34M HKD303.47M HKD
Selling, general, and administrative280.01M HKD252.54M HKD269.18M HKD276.41M HKD390.31M HKD
Operating expenses273.87M HKD193.93M HKD269.74M HKD276.41M HKD379.32M HKD
Interest income135.31M HKD88.53M HKD104.74M HKD48.14M HKD17.7M HKD
Interest expense12.46M HKD36.47M HKD15.29M HKD30.18M HKD
Depreciation and amortization35.98M HKD38.34M HKD40.43M HKD43.09M HKD104.72M HKD
Operating income−70.94M HKD25.96M HKD−62.3M HKD−97.25M HKD−75.86M HKD
Net income−93.99M HKD77.97M HKD−10.63M HKD−56.04M HKD−139.9M HKD

Company facts updated Aug 24, 2026.

Earnings

Latest EPS result
-0.04

EPS: actual versus estimate

Recent quarterly results

ActualEstimate
Estimates unavailable
Quarterly EPS actual values compared with estimates0.070.01-0.05-0.11Q1 '22Q3 '22Q1 '23Q3 '23Q1 '24Q3 '24Q1 '25Q1 '26
Q1 2022, reported Mar 25, 2022: actual -0.075, estimate —, surprise —, Comparison unavailable. Q3 2022, reported Aug 26, 2022: actual -0.023, estimate —, surprise —, Comparison unavailable. Q1 2023, reported Mar 24, 2023: actual -0.014, estimate —, surprise —, Comparison unavailable. Q3 2023, reported Aug 31, 2023: actual -0.001, estimate —, surprise —, Comparison unavailable. Q1 2024, reported Mar 25, 2024: actual -0.005, estimate —, surprise —, Comparison unavailable. Q3 2024, reported Aug 30, 2024: actual 0.03, estimate —, surprise —, Comparison unavailable. Q1 2025, reported Mar 28, 2025: actual 0.005, estimate —, surprise —, Comparison unavailable. Q1 2026, reported Mar 27, 2026: actual -0.044, estimate —, surprise —, Comparison unavailable.

Revenue: actual versus estimate

Recent quarterly results

ActualEstimate
Estimates unavailable
Quarterly Revenue actual values compared with estimates269.79M228.88M187.97M147.05MQ1 '22Q3 '22Q1 '23Q3 '23Q1 '24Q3 '24Q1 '25Q1 '26
Q1 2022, reported Mar 25, 2022: actual 259.42M HKD, estimate —, surprise —, Comparison unavailable. Q3 2022, reported Aug 26, 2022: actual 177.99M HKD, estimate —, surprise —, Comparison unavailable. Q1 2023, reported Mar 24, 2023: actual 164.2M HKD, estimate —, surprise —, Comparison unavailable. Q3 2023, reported Aug 31, 2023: actual 157.89M HKD, estimate —, surprise —, Comparison unavailable. Q1 2024, reported Mar 25, 2024: actual 157.43M HKD, estimate —, surprise —, Comparison unavailable. Q3 2024, reported Aug 30, 2024: actual 191.84M HKD, estimate —, surprise —, Comparison unavailable. Q1 2025, reported Mar 28, 2025: actual 170.29M HKD, estimate —, surprise —, Comparison unavailable. Q1 2026, reported Mar 27, 2026: actual 226.22M HKD, estimate —, surprise —, Comparison unavailable.

Corporate actions

Annual dividends per share

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

HK$0.0099

2016 complete year0.0% since 2008

Corporate action history

Dividend

Ex-dividend Jun 8, 2016

HK$0.01

Annual

Dividend

Ex-dividend Jun 18, 2015

HK$0.015

Annual

Dividend

Ex-dividend May 12, 2011

HK$0.01

Annual

Dividend

Ex-dividend May 13, 2010

HK$0.012

Annual

Dividend

Ex-dividend May 15, 2008

HK$0.01

Semi-Annual

Dividend

Ex-dividend Sep 28, 2007

HK$0.02

Semi-Annual

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