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Dynasty Digital Holdings Limited logo

Dynasty Digital Holdings Limited

0451.HK

HKSEUtilitiesRegulated Electric

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Latest quote

HK$0.595

+HK$0.005 · +0.85%

Aug 24, 3:57 PM HKT

0451.HK company overview

Regular session · HKT · Market data may be delayed.

Company profile

Company website

Dynasty Digital Holdings Ltd, formerly GCL New Energy Holdings Ltd, is an investment holding company principally engaged in power-related businesses. The Company is mainly engaged in the sale of electricity, the development, construction, operation and management of photovoltaic power plants, and the sale of liquefied natural gas and related products.

Industry
Regulated Electric
Sector
Utilities
Headquarters
HK
CEO
Gongshan Zhu
Listed since
Mar 25, 1992
Employees
1,054

Market position

Day range

Current HK$0.595

52-week range

Current HK$0.595

Open
HK$0.59
Previous close
HK$0.59
Volume
2.97M
0.57× average
Average volume
5.23M
Average daily volume
Market cap
1.05B HKD
Beta
1.15
Market reference 1
50-day average
HK$0.7316
-18.67% below average
200-day average
HK$0.971
-38.72% below average

Financials

Financial snapshot

Latest / TTM

Valuation & yield

Enterprise value
1.66B CNY
P/E (TTM)
-0.59×
P/B (TTM)
1.77×
P/S (TTM)
0.86×
EV / EBITDA
-4.61×
Earnings yield
-100.28%
Free cash flow yield
6.41%
Dividend yield
0.00%

Profitability & efficiency

Gross margin
13.72%
Operating margin
-10.29%
Net margin
-115.93%
Return on equity
-247.83%
Return on assets
-16.51%
Return on invested capital
-6.99%

Financial health

Debt / equity
2.11×
Current ratio
1.47×

Financial statements

Margin trends

Profitability as a percentage of reported revenue.

Gross marginOperating marginNet margin
Gross, operating, and net margin trends85%-4%-94%-183%Gross margin, FY2021: 62.53%Gross margin, FY2022: 48.55%Gross margin, FY2023: 45.79%Gross margin, FY2024: 11.50%Gross margin, FY2025: 13.75%Operating margin, FY2021: 38.61%Operating margin, FY2022: -13.07%Operating margin, FY2023: -5.29%Operating margin, FY2024: -16.32%Operating margin, FY2025: -38.16%Net margin, FY2021: -27.78%Net margin, FY2022: -160.65%Net margin, FY2023: -140.18%Net margin, FY2024: -38.28%Net margin, FY2025: -107.22%FY2021FY2022FY2023FY2024FY2025
Gross margin FY2021 62.53%. Gross margin FY2022 48.55%. Gross margin FY2023 45.79%. Gross margin FY2024 11.50%. Gross margin FY2025 13.75%. Operating margin FY2021 38.61%. Operating margin FY2022 -13.07%. Operating margin FY2023 -5.29%. Operating margin FY2024 -16.32%. Operating margin FY2025 -38.16%. Net margin FY2021 -27.78%. Net margin FY2022 -160.65%. Net margin FY2023 -140.18%. Net margin FY2024 -38.28%. Net margin FY2025 -107.22%.

Income trends

Revenue

1.04B CNY-6.56%

Operating income

−395.02M CNY-118.50%

Net income

−1.11B CNY-161.72%
Income trends across reported periods3.28B CNY1.54B CNY−191.31M CNY−1.93B CNYRevenue, FY2021: 2.84B CNYRevenue, FY2022: 929.06M CNYRevenue, FY2023: 831.52M CNYRevenue, FY2024: 1.11B CNYRevenue, FY2025: 1.04B CNYOperating income, FY2021: 1.1B CNYOperating income, FY2022: −121.4M CNYOperating income, FY2023: −43.99M CNYOperating income, FY2024: −180.78M CNYOperating income, FY2025: −395.02M CNYNet income, FY2021: −790.27M CNYNet income, FY2022: −1.49B CNYNet income, FY2023: −1.17B CNYNet income, FY2024: −424.04M CNYNet income, FY2025: −1.11B CNYFY2021FY2022FY2023FY2024FY2025
Revenue FY2021 2.84B CNY. Revenue FY2022 929.06M CNY. Revenue FY2023 831.52M CNY. Revenue FY2024 1.11B CNY. Revenue FY2025 1.04B CNY. Operating income FY2021 1.1B CNY. Operating income FY2022 −121.4M CNY. Operating income FY2023 −43.99M CNY. Operating income FY2024 −180.78M CNY. Operating income FY2025 −395.02M CNY. Net income FY2021 −790.27M CNY. Net income FY2022 −1.49B CNY. Net income FY2023 −1.17B CNY. Net income FY2024 −424.04M CNY. Net income FY2025 −1.11B CNY.
Metric (CNY)FY2025FY2024FY2023FY2022FY2021
Revenue1.04B CNY1.11B CNY831.52M CNY929.06M CNY2.84B CNY
Cost of goods sold892.78M CNY980.32M CNY450.73M CNY477.99M CNY1.07B CNY
Gross profit142.29M CNY127.44M CNY380.79M CNY451.07M CNY1.78B CNY
Research and development30.07M CNY29.36M CNY———
Selling, general, and administrative222.83M CNY274.59M CNY415.6M CNY554.51M CNY675.79M CNY
Operating expenses537.31M CNY308.22M CNY424.78M CNY555.75M CNY680.47M CNY
Interest income80.05M CNY94.56M CNY54.75M CNY116.79M CNY47.75M CNY
Interest expense43.58M CNY51.42M CNY443.88M CNY571.54M CNY1.58B CNY
Depreciation and amortization35.53M CNY239.43M CNY239.43M CNY285.87M CNY921.84M CNY
Operating income−395.02M CNY−180.78M CNY−43.99M CNY−121.4M CNY1.1B CNY
Net income−1.11B CNY−424.04M CNY−1.17B CNY−1.49B CNY−790.27M CNY

Company facts updated Aug 24, 2026.

Earnings

Latest EPS result
-0.7

EPS: actual versus estimate

Recent quarterly results

ActualEstimate
Estimates unavailable
Quarterly EPS actual values compared with estimates-0.13-7.28-14.44-21.59Q3 '22Q1 '23Q3 '23Q1 '24Q3 '24Q1 '25Q3 '25Q1 '26
Q3 2022, reported Aug 30, 2022: actual -0.572, estimate —, surprise —, Comparison unavailable. Q1 2023, reported Mar 28, 2023: actual -0.968, estimate —, surprise —, Comparison unavailable. Q3 2023, reported Aug 29, 2023: actual -20, estimate —, surprise —, Comparison unavailable. Q1 2024, reported Mar 25, 2024: actual -0.897, estimate —, surprise —, Comparison unavailable. Q3 2024, reported Aug 23, 2024: actual -0.15, estimate —, surprise —, Comparison unavailable. Q1 2025, reported Mar 26, 2025: actual -0.191, estimate —, surprise —, Comparison unavailable. Q3 2025, reported Aug 27, 2025: actual -0.252, estimate —, surprise —, Comparison unavailable. Q1 2026, reported Mar 30, 2026: actual -0.701, estimate —, surprise —, Comparison unavailable.

Revenue: actual versus estimate

Recent quarterly results

ActualEstimate
Quarterly Revenue actual values compared with estimates1.1B854.33M613.53M372.74MQ3 '22No estimateQ1 '23MissQ3 '23MissQ1 '24MissQ3 '24MissQ1 '25No estimateQ3 '25No estimateQ1 '26No estimate
Q3 2022, reported Aug 30, 2022: actual 653.66M HKD, estimate —, surprise —, Comparison unavailable. Q1 2023, reported Mar 28, 2023: actual 422.56M HKD, estimate 1.05B HKD, surprise -59.58%, Miss. Q3 2023, reported Aug 29, 2023: actual 456.86M HKD, estimate 1.05B HKD, surprise -56.29%, Miss. Q1 2024, reported Mar 25, 2024: actual 452.41M HKD, estimate 990.64M HKD, surprise -54.33%, Miss. Q3 2024, reported Aug 23, 2024: actual 533.16M HKD, estimate 990.64M HKD, surprise -46.18%, Miss. Q1 2025, reported Mar 26, 2025: actual 650.28M HKD, estimate —, surprise —, Comparison unavailable. Q3 2025, reported Aug 27, 2025: actual 715.64M HKD, estimate —, surprise —, Comparison unavailable. Q1 2026, reported Mar 30, 2026: actual 446.85M HKD, estimate —, surprise —, Comparison unavailable.

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