GoAI
Get started
China International Development Corporation Limited logo

China International Development Corporation Limited

0264.HK

HKSEConsumer CyclicalApparel - Footwear & Accessories

Open in GoAI

Latest quote

HK$2.025

+HK$0.035 · +1.76%

Aug 24, 4:08 PM HKT

0264.HK company overview

Regular session · HKT · Market data may be delayed.

Company profile

Company website

Operating as an investment holding company, China International Development Corporation Limited (CIDCL) is engaged in the production and global distribution of leather goods, reaching markets in Hong Kong, the United States, Europe, and beyond. Its operations are primarily divided into two main segments: Leather Manufacturing and Leather Retail. Beyond its core leather offerings, CIDCL also maintains retail operations for fashion apparel, footwear, and various leather accessories. Furthermore, the company has diversified into industrial hemp cultivation, the manufacturing of hemp fabric products, and providing logistics and warehousing services. By the close of 2021 (December 31st), CIDCL managed four retail outlets branded 'AREA 0264' alongside a 'Teepee' leather workshop. Previously known as Ascent International Holdings Limited, the company adopted its current name, China International Development Corporation Limited, in December 2019. Established in 2002, the firm's main office is located in Central, Hong Kong. CIDCL operates as a subsidiary under Waterfront Holding Group Co., Ltd.

Industry
Apparel - Footwear & Accessories
Sector
Consumer Cyclical
Headquarters
HK
CEO
Xin Fan
Listed since
Mar 12, 2003
Employees
94

Market position

Day range

Current HK$2.025

52-week range

Current HK$2.025

Open
HK$1.99
Previous close
HK$1.99
Volume
5.13M
1.14× average
Average volume
4.5M
Average daily volume
Market cap
961.18M HKD
Beta
0.47
Market reference 1
50-day average
HK$2.0231
+0.09% above average
200-day average
HK$2.0548
-1.45% below average

Financials

Financial snapshot

Latest / TTM

Valuation & yield

Enterprise value
1.05B HKD
P/E (TTM)
-56.56×
P/B (TTM)
-60.72×
P/S (TTM)
16.21×
EV / EBITDA
-62.5×
Earnings yield
-1.49%
Free cash flow yield
-1.80%
Dividend yield
0.00%

Profitability & efficiency

Gross margin
23.92%
Operating margin
-28.47%
Net margin
-26.40%
Return on equity
105.39%
Return on assets
-39.19%
Return on invested capital
-184.83%

Financial health

Debt / equity
-1.78×
Current ratio
0.71×
Altman Z-score
2.03
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 trends42%-7%-55%-104%Gross margin, FY2021: 19.96%Gross margin, FY2022: 18.31%Gross margin, FY2023: 18.75%Gross margin, FY2024: 30.06%Gross margin, FY2025: 23.92%Operating margin, FY2021: -41.55%Operating margin, FY2022: -27.37%Operating margin, FY2023: -55.21%Operating margin, FY2024: -57.85%Operating margin, FY2025: -28.47%Net margin, FY2021: -42.66%Net margin, FY2022: -33.79%Net margin, FY2023: -92.11%Net margin, FY2024: -77.69%Net margin, FY2025: -26.40%FY2021FY2022FY2023FY2024FY2025
Gross margin FY2021 19.96%. Gross margin FY2022 18.31%. Gross margin FY2023 18.75%. Gross margin FY2024 30.06%. Gross margin FY2025 23.92%. Operating margin FY2021 -41.55%. Operating margin FY2022 -27.37%. Operating margin FY2023 -55.21%. Operating margin FY2024 -57.85%. Operating margin FY2025 -28.47%. Net margin FY2021 -42.66%. Net margin FY2022 -33.79%. Net margin FY2023 -92.11%. Net margin FY2024 -77.69%. Net margin FY2025 -26.40%.

Income trends

Revenue

59.3M HKD+170.00%

Operating income

−16.88M HKD-32.89%

Net income

−15.66M HKD+8.25%
Income trends across reported periods68.02M HKD33.13M HKD−1.75M HKD−36.63M HKDRevenue, FY2021: 49.19M HKDRevenue, FY2022: 56.04M HKDRevenue, FY2023: 30.3M HKDRevenue, FY2024: 21.96M HKDRevenue, FY2025: 59.3M HKDOperating income, FY2021: −20.44M HKDOperating income, FY2022: −15.34M HKDOperating income, FY2023: −16.73M HKDOperating income, FY2024: −12.71M HKDOperating income, FY2025: −16.88M HKDNet income, FY2021: −20.99M HKDNet income, FY2022: −18.94M HKDNet income, FY2023: −27.91M HKDNet income, FY2024: −17.06M HKDNet income, FY2025: −15.66M HKDFY2021FY2022FY2023FY2024FY2025
Revenue FY2021 49.19M HKD. Revenue FY2022 56.04M HKD. Revenue FY2023 30.3M HKD. Revenue FY2024 21.96M HKD. Revenue FY2025 59.3M HKD. Operating income FY2021 −20.44M HKD. Operating income FY2022 −15.34M HKD. Operating income FY2023 −16.73M HKD. Operating income FY2024 −12.71M HKD. Operating income FY2025 −16.88M HKD. Net income FY2021 −20.99M HKD. Net income FY2022 −18.94M HKD. Net income FY2023 −27.91M HKD. Net income FY2024 −17.06M HKD. Net income FY2025 −15.66M HKD.
Metric (HKD)FY2025FY2024FY2023FY2022FY2021
Revenue59.3M HKD21.96M HKD30.3M HKD56.04M HKD49.19M HKD
Cost of goods sold45.11M HKD15.36M HKD24.62M HKD45.78M HKD39.37M HKD
Gross profit14.19M HKD6.6M HKD5.68M HKD10.26M HKD9.82M HKD
Selling, general, and administrative31.51M HKD19.31M HKD22.41M HKD25.57M HKD30.88M HKD
Operating expenses31.07M HKD19.31M HKD22.41M HKD25.57M HKD29.55M HKD
Interest income2K HKD1K HKD2K HKD—1K HKD
Interest expense3.15M HKD3.09M HKD2.93M HKD2.44M HKD1.92M HKD
Depreciation and amortization128K HKD1.37M HKD4.12M HKD4.07M HKD5.1M HKD
Operating income−16.88M HKD−12.71M HKD−16.73M HKD−15.34M HKD−20.44M HKD
Net income−15.66M HKD−17.06M HKD−27.91M HKD−18.94M HKD−20.99M HKD

Company facts updated Aug 24, 2026.

Earnings

Latest EPS result
-0.02

EPS: actual versus estimate

Recent quarterly results

ActualEstimate
Estimates unavailable
Quarterly EPS actual values compared with estimates-0.02-0.04-0.07-0.09Q2 '21Q4 '21Q3 '22Q2 '23Q3 '23Q1 '24Q3 '24Q1 '25
Q2 2021, reported Jun 30, 2021: actual -0.023, estimate —, surprise —, Comparison unavailable. Q4 2021, reported Dec 31, 2021: actual -0.032, estimate —, surprise —, Comparison unavailable. Q3 2022, reported Aug 31, 2022: actual -0.026, estimate —, surprise —, Comparison unavailable. Q2 2023, reported Apr 1, 2023: actual -0.024, estimate —, surprise —, Comparison unavailable. Q3 2023, reported Sep 1, 2023: actual -0.022, estimate —, surprise —, Comparison unavailable. Q1 2024, reported Mar 29, 2024: actual -0.05, estimate —, surprise —, Comparison unavailable. Q3 2024, reported Aug 31, 2024: actual -0.023, estimate —, surprise —, Comparison unavailable. Q1 2025, reported Mar 31, 2025: actual -0.018, estimate —, surprise —, Comparison unavailable.

Revenue: actual versus estimate

Recent quarterly results

ActualEstimate
Estimates unavailable
Quarterly Revenue actual values compared with estimates38.65M28.22M17.79M7.35MQ2 '21Q4 '21Q3 '22Q2 '23Q3 '23Q1 '24Q3 '24Q1 '25
Q2 2021, reported Jun 30, 2021: actual 25.44M HKD, estimate —, surprise —, Comparison unavailable. Q4 2021, reported Dec 31, 2021: actual 23.75M HKD, estimate —, surprise —, Comparison unavailable. Q3 2022, reported Aug 31, 2022: actual 19.61M HKD, estimate —, surprise —, Comparison unavailable. Q2 2023, reported Apr 1, 2023: actual 36.43M HKD, estimate —, surprise —, Comparison unavailable. Q3 2023, reported Sep 1, 2023: actual 16.91M HKD, estimate —, surprise —, Comparison unavailable. Q1 2024, reported Mar 29, 2024: actual 13.38M HKD, estimate —, surprise —, Comparison unavailable. Q3 2024, reported Aug 31, 2024: actual 8.65M HKD, estimate —, surprise —, Comparison unavailable. Q1 2025, reported Mar 31, 2025: actual 13.31M HKD, estimate —, surprise —, Comparison unavailable.

Corporate actions

Annual dividends per share

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

HK$0.023

2009 complete year-39.5% since 2004

Corporate action history

Dividend

Ex-dividend Aug 10, 2015

HK$0.4254

Special

Dividend

Ex-dividend Dec 28, 2012

HK$0.0033

Special

Dividend

Ex-dividend Aug 24, 2011

HK$0.008

Annual

Dividend

Ex-dividend Sep 6, 2010

HK$0.014

Annual

Dividend

Ex-dividend Sep 3, 2009

HK$0.01

Special

Dividend

Ex-dividend Jan 5, 2009

HK$0.013

Special

0264.HK peers

Alibaba Group Holding Limited logo

9988.HK

Alibaba Group Holding Limited

HK$112.5

-8.54%

Alibaba Group Holding Limited logo

89988.HK

Alibaba Group Holding Limited

CN¥96.05

-8.96%

Fast Retailing Co., Ltd. logo

6288.HK

Fast Retailing Co., Ltd.

HK$38.30

+2.96%

BYD Company Limited Class H logo

81211.HK

BYD Company Limited Class H

CN¥79.60

-0.50%

BYD Company Limited logo

1211.HK

BYD Company Limited

HK$92.80

-0.38%

Midea Group logo

0300.HK

Midea Group

HK$98.35

+1.50%

Continue in GoAI

Research 0264.HK

research.disclaimer