Guangdong Investment Limited logo

Guangdong Investment Limited

0270.HK

HKSEUtilitiesRegulated Water

Latest quote

HK$8.28

−HK$0.08 · -0.96%

Aug 24, 11:04 AM HKT

0270.HK company overview

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Company profile

Company website

Guangdong Investment Limited, an investment holding company founded in Central, Hong Kong in 1973 (and previously known as Union Globe Development Limited until its rebranding in January 1987), functions as a subsidiary of GDH Limited. The corporation oversees a diverse array of operations spanning multiple industries. Its Water Resources division is responsible for providing crucial services such as water distribution, wastewater treatment, and the construction and installation of critical water supply and pipeline infrastructure throughout both Mainland China and Hong Kong. The Property Investment and Development arm is active in real estate, managing a portfolio of investments in various properties across Hong Kong and Mainland China, while also undertaking property development and sales primarily in Mainland China. This segment additionally offers property management services for commercial buildings. Retail activities are conducted through its Department Stores segment, which operates a number of department stores exclusively within Mainland China. The Electric Power Generation unit manages coal-fired power plants, supplying electricity and steam across China's Guangdong province. Within the hospitality sector, the Hotel Operation and Management division both runs its own hotels and extends hotel management expertise to external clients in Hong Kong and Mainland China. By December 31, 2021, this segment supervised 27 hotels, including three in Hong Kong, one in Macau, and twenty-three in Mainland China. Infrastructure investments are handled by the Road and Bridge segment, which focuses on operating toll roads and managing road networks throughout Mainland China. Finally, an "Others" category encompasses treasury services provided in Hong Kong and Mainland China, along with general corporate and support functions.

Industry
Regulated Water
Sector
Utilities
Headquarters
HK
CEO
Yuanjuan Liang
Listed since
Jan 5, 1973
Employees
10,681

Market position

Day range

Current HK$8.28

52-week range

Current HK$8.28

Open
HK$8.35
Previous close
HK$8.36
Volume
5.42M
0.55× average
Average volume
9.87M
Average daily volume
Market cap
54.13B HKD
Beta
0.58
Market reference 1
50-day average
HK$8.0261
+3.16% above average
200-day average
HK$7.7237
+7.20% above average

Financials

Financial snapshot

Latest / TTM

Valuation & yield

Enterprise value
51.29B HKD
P/E (TTM)
11.66×
P/B (TTM)
1.26×
P/S (TTM)
2.88×
EV / EBITDA
5.25×
Earnings yield
10.53%
Free cash flow yield
16.38%
Dividend yield
5.59%

Profitability & efficiency

Gross margin
53.30%
Operating margin
38.78%
Net margin
24.73%
Return on equity
10.85%
Return on assets
4.58%
Return on invested capital
6.10%

Financial health

Debt / equity
0.51×
Current ratio
1.15×

Financial statements

Margin trends

Profitability as a percentage of reported revenue.

Gross marginOperating marginNet margin
Gross, operating, and net margin trends57%41%25%9%Gross margin, FY2021: 39.16%Gross margin, FY2022: 42.35%Gross margin, FY2023: 39.90%Gross margin, FY2024: 53.08%Gross margin, FY2025: 53.30%Operating margin, FY2021: 26.85%Operating margin, FY2022: 27.04%Operating margin, FY2023: 27.25%Operating margin, FY2024: 36.84%Operating margin, FY2025: 38.78%Net margin, FY2021: 15.81%Net margin, FY2022: 20.54%Net margin, FY2023: 12.90%Net margin, FY2024: 16.98%Net margin, FY2025: 24.73%FY2021FY2022FY2023FY2024FY2025
Gross margin FY2021 39.16%. Gross margin FY2022 42.35%. Gross margin FY2023 39.90%. Gross margin FY2024 53.08%. Gross margin FY2025 53.30%. Operating margin FY2021 26.85%. Operating margin FY2022 27.04%. Operating margin FY2023 27.25%. Operating margin FY2024 36.84%. Operating margin FY2025 38.78%. Net margin FY2021 15.81%. Net margin FY2022 20.54%. Net margin FY2023 12.90%. Net margin FY2024 16.98%. Net margin FY2025 24.73%.

Income trends

Revenue

18.82B HKD+1.73%

Operating income

7.3B HKD+7.09%

Net income

4.66B HKD+48.19%
Income trends across reported periods32.37B HKD21.74B HKD11.1B HKD462.73M HKDRevenue, FY2021: 29.72B HKDRevenue, FY2022: 23.2B HKDRevenue, FY2023: 24.2B HKDRevenue, FY2024: 18.51B HKDRevenue, FY2025: 18.82B HKDOperating income, FY2021: 7.98B HKDOperating income, FY2022: 6.27B HKDOperating income, FY2023: 6.59B HKDOperating income, FY2024: 6.82B HKDOperating income, FY2025: 7.3B HKDNet income, FY2021: 4.7B HKDNet income, FY2022: 4.76B HKDNet income, FY2023: 3.12B HKDNet income, FY2024: 3.14B HKDNet income, FY2025: 4.66B HKDFY2021FY2022FY2023FY2024FY2025
Revenue FY2021 29.72B HKD. Revenue FY2022 23.2B HKD. Revenue FY2023 24.2B HKD. Revenue FY2024 18.51B HKD. Revenue FY2025 18.82B HKD. Operating income FY2021 7.98B HKD. Operating income FY2022 6.27B HKD. Operating income FY2023 6.59B HKD. Operating income FY2024 6.82B HKD. Operating income FY2025 7.3B HKD. Net income FY2021 4.7B HKD. Net income FY2022 4.76B HKD. Net income FY2023 3.12B HKD. Net income FY2024 3.14B HKD. Net income FY2025 4.66B HKD.
Metric (HKD)FY2025FY2024FY2023FY2022FY2021
Revenue18.82B HKD18.51B HKD24.2B HKD23.2B HKD29.72B HKD
Cost of goods sold8.79B HKD8.68B HKD10.67B HKD13.37B HKD18.08B HKD
Gross profit10.03B HKD9.82B HKD9.65B HKD9.82B HKD11.64B HKD
Selling, general, and administrative2.73B HKD3B HKD3.68B HKD3.55B HKD3.66B HKD
Operating expenses2.73B HKD3.01B HKD3.06B HKD3.55B HKD3.66B HKD
Interest income419.99M HKD331.11M HKD370.7M HKD258.94M HKD349.51M HKD
Interest expense638.08M HKD919.59M HKD1.29B HKD860.45M HKD543.72M HKD
Depreciation and amortization2.4B HKD2.41B HKD2.49B HKD2.07B HKD1.89B HKD
Operating income7.3B HKD6.82B HKD6.59B HKD6.27B HKD7.98B HKD
Net income4.66B HKD3.14B HKD3.12B HKD4.76B HKD4.7B HKD

Company facts updated Aug 24, 2026.

Earnings

EPS beat rate
100%
1 beat, 0 misses, 0 met estimates
Average EPS surprise
+50.00%
1 comparable report
Latest EPS result
0.3
Estimate 0.2 · Beat by 50.00%

EPS: actual versus estimate

Recent quarterly results

ActualEstimate
Quarterly EPS actual values compared with estimates0.450.330.20.08Q2 '23No estimateQ4 '23No estimateQ2 '24No estimateQ4 '24No estimateQ2 '25No estimateQ3 '25No estimateQ2 '26BeatQ3 '26Estimate
Q2 2023, reported Apr 27, 2023: actual 0.278, estimate —, surprise —, Comparison unavailable. Q4 2023, reported Oct 26, 2023: actual 0.387, estimate —, surprise —, Comparison unavailable. Q2 2024, reported Apr 25, 2024: actual 0.091, estimate —, surprise —, Comparison unavailable. Q4 2024, reported Oct 29, 2024: actual 0.369, estimate —, surprise —, Comparison unavailable. Q2 2025, reported Apr 28, 2025: actual 0.112, estimate —, surprise —, Comparison unavailable. Q3 2025, reported Aug 26, 2025: actual 0.41, estimate —, surprise —, Comparison unavailable. Q2 2026, reported Apr 27, 2026: actual 0.3, estimate 0.2, surprise +50.00%, Beat. Q3 2026, reported Aug 28, 2026: actual —, estimate 0.21, surprise —, Comparison unavailable.

Revenue: actual versus estimate

Recent quarterly results

ActualEstimate
Quarterly Revenue actual values compared with estimates13.36B10.8B8.24B5.69BQ2 '23No estimateQ4 '23No estimateQ2 '24No estimateQ4 '24No estimateQ2 '25No estimateQ3 '25No estimateQ2 '26MissQ3 '26Estimate
Q2 2023, reported Apr 27, 2023: actual 11.28B HKD, estimate —, surprise —, Comparison unavailable. Q4 2023, reported Oct 26, 2023: actual 11.37B HKD, estimate —, surprise —, Comparison unavailable. Q2 2024, reported Apr 25, 2024: actual 12.83B HKD, estimate —, surprise —, Comparison unavailable. Q4 2024, reported Oct 29, 2024: actual 12.29B HKD, estimate —, surprise —, Comparison unavailable. Q2 2025, reported Apr 28, 2025: actual 6.21B HKD, estimate —, surprise —, Comparison unavailable. Q3 2025, reported Aug 26, 2025: actual 9.43B HKD, estimate —, surprise —, Comparison unavailable. Q2 2026, reported Apr 27, 2026: actual 9.4B HKD, estimate 10.06B HKD, surprise -6.61%, Miss. Q3 2026, reported Aug 28, 2026: actual —, estimate 9.4B HKD, surprise —, Comparison unavailable.

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