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Safety Godown Company, Limited logo

Safety Godown Company, Limited

0237.HK

HKSEReal EstateReal Estate - Services

Open in GoAI

Latest quote

HK$2.195

+HK$0.055 · +2.57%

Aug 24, 3:40 PM HKT

0237.HK company overview

Regular session · HKT · Market data may be delayed.

Company profile

Company website

Safety Godown Company, Limited operates as an investment holding entity, with its primary focus being the rental of investment properties across Hong Kong. The company's business activities are categorized into three main divisions: Godown Operations, Property Investment, and Treasury Investment. Beyond its involvement in managing storage facilities, it also engages in securities trading and other investment ventures. Established in 1960, the firm's headquarters are located in Kwun Tong, Hong Kong.

Industry
Real Estate - Services
Sector
Real Estate
Headquarters
HK
CEO
Wing Yee Lu
Listed since
Jan 9, 1973
Employees
35

Market position

Day range

Current HK$2.195

52-week range

Current HK$2.195

Open
HK$2.245
Previous close
HK$2.14
Volume
12K
0.33× average
Average volume
36.47K
Average daily volume
Market cap
888.98M HKD
Beta
0.19
Market reference 1
50-day average
HK$2.1744
+0.95% above average
200-day average
HK$2.1388
+2.63% above average

Financials

Financial snapshot

Latest / TTM

Valuation & yield

Enterprise value
-83.33M HKD
P/E (TTM)
-7×
P/B (TTM)
0.26×
P/S (TTM)
5.55×
EV / EBITDA
0.87×
Earnings yield
-15.19%
Free cash flow yield
15.63%
Dividend yield
3.64%

Profitability & efficiency

Gross margin
56.78%
Operating margin
54.89%
Net margin
-80.18%
Return on equity
-3.76%
Return on assets
-3.57%
Return on invested capital
2.49%

Financial health

Debt / equity
0×
Current ratio
17.97×
Altman Z-score
4.55
Piotroski F-score
4 of 9

Financial statements

Margin trends

Profitability as a percentage of reported revenue.

Gross marginOperating marginNet margin
Gross, operating, and net margin trends125%25%-75%-175%Gross margin, FY2021: 56.71%Gross margin, FY2022: 65.75%Gross margin, FY2023: 69.54%Gross margin, FY2024: 100.00%Gross margin, FY2025: 56.78%Operating margin, FY2021: 42.47%Operating margin, FY2022: 52.01%Operating margin, FY2023: 56.90%Operating margin, FY2024: 75.99%Operating margin, FY2025: 54.89%Net margin, FY2021: -68.59%Net margin, FY2022: -127.78%Net margin, FY2023: -69.22%Net margin, FY2024: -149.61%Net margin, FY2025: -80.18%FY2021FY2022FY2023FY2024FY2025
Gross margin FY2021 56.71%. Gross margin FY2022 65.75%. Gross margin FY2023 69.54%. Gross margin FY2024 100.00%. Gross margin FY2025 56.78%. Operating margin FY2021 42.47%. Operating margin FY2022 52.01%. Operating margin FY2023 56.90%. Operating margin FY2024 75.99%. Operating margin FY2025 54.89%. Net margin FY2021 -68.59%. Net margin FY2022 -127.78%. Net margin FY2023 -69.22%. Net margin FY2024 -149.61%. Net margin FY2025 -80.18%.

Income trends

Revenue

160.31M HKD-9.67%

Operating income

87.99M HKD-34.75%

Net income

−128.54M HKD+51.59%
Income trends across reported periods221.76M HKD44.57M HKD−132.62M HKD−309.81M HKDRevenue, FY2021: 123.25M HKDRevenue, FY2022: 147.35M HKDRevenue, FY2023: 177.19M HKDRevenue, FY2024: 177.46M HKDRevenue, FY2025: 160.31M HKDOperating income, FY2021: 52.34M HKDOperating income, FY2022: 76.63M HKDOperating income, FY2023: 100.82M HKDOperating income, FY2024: 134.86M HKDOperating income, FY2025: 87.99M HKDNet income, FY2021: −84.54M HKDNet income, FY2022: −188.29M HKDNet income, FY2023: −122.65M HKDNet income, FY2024: −265.51M HKDNet income, FY2025: −128.54M HKDFY2021FY2022FY2023FY2024FY2025
Revenue FY2021 123.25M HKD. Revenue FY2022 147.35M HKD. Revenue FY2023 177.19M HKD. Revenue FY2024 177.46M HKD. Revenue FY2025 160.31M HKD. Operating income FY2021 52.34M HKD. Operating income FY2022 76.63M HKD. Operating income FY2023 100.82M HKD. Operating income FY2024 134.86M HKD. Operating income FY2025 87.99M HKD. Net income FY2021 −84.54M HKD. Net income FY2022 −188.29M HKD. Net income FY2023 −122.65M HKD. Net income FY2024 −265.51M HKD. Net income FY2025 −128.54M HKD.
Metric (HKD)FY2025FY2024FY2023FY2022FY2021
Revenue160.31M HKD177.46M HKD177.19M HKD147.35M HKD123.25M HKD
Cost of goods sold69.28M HKD50.26M HKD53.98M HKD50.47M HKD53.36M HKD
Gross profit91.03M HKD177.46M HKD123.22M HKD96.88M HKD69.89M HKD
Research and development———−1.19 HKD−0.59 HKD
Selling, general, and administrative—20.73M HKD22.39M HKD20.25M HKD17.55M HKD
Operating expenses3.04M HKD42.61M HKD22.39M HKD20.25M HKD17.55M HKD
Interest income39.87M HKD————
Depreciation and amortization18.36M HKD21.88M HKD23.7M HKD25.82M HKD25.05M HKD
Operating income87.99M HKD134.86M HKD100.82M HKD76.63M HKD52.34M HKD
Net income−128.54M HKD−265.51M HKD−122.65M HKD−188.29M HKD−84.54M HKD

Company facts updated Aug 25, 2026.

Earnings

Latest EPS result
-0.04

EPS: actual versus estimate

Recent quarterly results

ActualEstimate
Estimates unavailable
Quarterly EPS actual values compared with estimates1.090.640.19-0.27Q3 '21Q1 '22Q4 '22Q2 '23Q4 '23Q2 '24Q4 '24Q3 '25
Q3 2021, reported Sep 30, 2021: actual 1, estimate —, surprise —, Comparison unavailable. Q1 2022, reported Mar 31, 2022: actual 1, estimate —, surprise —, Comparison unavailable. Q4 2022, reported Nov 24, 2022: actual 1, estimate —, surprise —, Comparison unavailable. Q2 2023, reported Jun 29, 2023: actual 1, estimate —, surprise —, Comparison unavailable. Q4 2023, reported Nov 29, 2023: actual 1, estimate —, surprise —, Comparison unavailable. Q2 2024, reported Jun 25, 2024: actual -0.175, estimate —, surprise —, Comparison unavailable. Q4 2024, reported Nov 28, 2024: actual 0, estimate —, surprise —, Comparison unavailable. Q3 2025, reported Sep 30, 2025: actual -0.043, estimate —, surprise —, Comparison unavailable.

Revenue: actual versus estimate

Recent quarterly results

ActualEstimate
Estimates unavailable
Quarterly Revenue actual values compared with estimates119.78M98.35M76.92M55.48MQ3 '21Q1 '22Q4 '22Q2 '23Q4 '23Q2 '24Q4 '24Q3 '25
Q3 2021, reported Sep 30, 2021: actual 60.09M HKD, estimate —, surprise —, Comparison unavailable. Q1 2022, reported Mar 31, 2022: actual 63.16M HKD, estimate —, surprise —, Comparison unavailable. Q4 2022, reported Nov 24, 2022: actual 68.24M HKD, estimate —, surprise —, Comparison unavailable. Q2 2023, reported Jun 29, 2023: actual 79.11M HKD, estimate —, surprise —, Comparison unavailable. Q4 2023, reported Nov 29, 2023: actual 88.86M HKD, estimate —, surprise —, Comparison unavailable. Q2 2024, reported Jun 25, 2024: actual 91.92M HKD, estimate —, surprise —, Comparison unavailable. Q4 2024, reported Nov 28, 2024: actual 115.18M HKD, estimate —, surprise —, Comparison unavailable. Q3 2025, reported Sep 30, 2025: actual 84.1M HKD, estimate —, surprise —, Comparison unavailable.

Corporate actions

Annual dividends per share

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

HK$0.08

2025 complete year-11.1% since 2021

2026 partial: HK$0.05

* Partial calendar year in the available dividend history.

Corporate action history

Dividend

Ex-dividend Aug 25, 2026

HK$0.05

Semi-Annual

Record Aug 27, 2026 · Payment Sep 16, 2026

Dividend

Ex-dividend Dec 15, 2025

HK$0.03

Semi-Annual

Record Dec 17, 2025 · Payment Jan 14, 2026

Dividend

Ex-dividend Aug 26, 2025

HK$0.05

Semi-Annual

Record Aug 28, 2025 · Payment Sep 17, 2025

Dividend

Ex-dividend Dec 16, 2024

HK$0.03

Semi-Annual

Record Dec 18, 2024 · Payment Jan 15, 2025

Dividend

Ex-dividend Aug 26, 2024

HK$0.045

Semi-Annual

Record Aug 28, 2024 · Payment Sep 17, 2024

Dividend

Ex-dividend Dec 14, 2023

HK$0.025

Semi-Annual

Record Dec 18, 2023 · Payment Jan 15, 2024

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