Carry Wealth Holdings Limited logo

Carry Wealth Holdings Limited

0643.HK

HKSEConsumer CyclicalApparel - Manufacturers

Latest quote

HK$0.225

HK$0.00 · 0.00%

Aug 24, 3:09 PM HKT

0643.HK company overview

Regular session · HKT · Market data may be delayed.

Company profile

Company website

Carry Wealth Holdings Limited operates as an investment holding enterprise, primarily engaged in the production and distribution of garment products for diverse brands across various international markets, including the United States, Mainland China, Europe, and Hong Kong. The company's activities are divided into two main segments: Garment Manufacturing and Trading, and Securities Investment. Its extensive collection of knitwear features items such as polo shirts, athletic apparel, cardigans, hoodies, t-shirts, jackets, bottoms, dresses, and layettes, designed for men, women, and children. In addition to these core operations, the firm provides consultation services and participates in the investment and trading of financial instruments. Carry Wealth Holdings Limited was established in 1993 and is headquartered in Hong Kong.

Industry
Apparel - Manufacturers
Sector
Consumer Cyclical
Headquarters
HK
CEO
Zixing Zhang
Listed since
Mar 14, 2000
Employees
182

Market position

52-week range

Current HK$0.225

Open
HK$0.225
Previous close
HK$0.225
Volume
350K
0.36× average
Average volume
967.28K
Average daily volume
Market cap
202.47M HKD
Beta
-0.76
Market reference 1
50-day average
HK$0.197
+14.24% above average
200-day average
HK$0.2348
-4.18% below average

Financials

Financial snapshot

Latest / TTM

Valuation & yield

Enterprise value
153.97M HKD
EV / EBITDA
-5.03×
Earnings yield
-23.15%
Free cash flow yield
-35.74%

Profitability & efficiency

Return on equity
-43.76%
Return on assets
-21.78%
Return on invested capital
-33.22%

Financial health

Current ratio
1.82×
Altman Z-score
3.27
Piotroski F-score
2 of 9

Financial statements

Margin trends

Profitability as a percentage of reported revenue.

Gross marginOperating marginNet margin
Gross, operating, and net margin trends19%7%-5%-18%Gross margin, FY2021: 13.85%Gross margin, FY2022: 16.08%Gross margin, FY2023: 12.77%Gross margin, FY2024: 9.95%Gross margin, FY2025: 12.05%Operating margin, FY2021: 0.32%Operating margin, FY2022: -0.65%Operating margin, FY2023: -0.42%Operating margin, FY2024: -3.96%Operating margin, FY2025: -13.60%Net margin, FY2021: -0.33%Net margin, FY2022: -1.51%Net margin, FY2023: -1.81%Net margin, FY2024: -5.08%Net margin, FY2025: -14.67%FY2021FY2022FY2023FY2024FY2025
Gross margin FY2021 13.85%. Gross margin FY2022 16.08%. Gross margin FY2023 12.77%. Gross margin FY2024 9.95%. Gross margin FY2025 12.05%. Operating margin FY2021 0.32%. Operating margin FY2022 -0.65%. Operating margin FY2023 -0.42%. Operating margin FY2024 -3.96%. Operating margin FY2025 -13.60%. Net margin FY2021 -0.33%. Net margin FY2022 -1.51%. Net margin FY2023 -1.81%. Net margin FY2024 -5.08%. Net margin FY2025 -14.67%.

Income trends

Revenue

315.23M HKD-52.58%

Operating income

−42.86M HKD-62.66%

Net income

−46.24M HKD-36.84%
Income trends across reported periods735.78M HKD451.41M HKD167.04M HKD−117.34M HKDRevenue, FY2021: 441.17M HKDRevenue, FY2022: 499.02M HKDRevenue, FY2023: 493.06M HKDRevenue, FY2024: 664.69M HKDRevenue, FY2025: 315.23M HKDOperating income, FY2021: 1.43M HKDOperating income, FY2022: −3.23M HKDOperating income, FY2023: −2.09M HKDOperating income, FY2024: −26.35M HKDOperating income, FY2025: −42.86M HKDNet income, FY2021: −1.46M HKDNet income, FY2022: −7.54M HKDNet income, FY2023: −8.92M HKDNet income, FY2024: −33.79M HKDNet income, FY2025: −46.24M HKDFY2021FY2022FY2023FY2024FY2025
Revenue FY2021 441.17M HKD. Revenue FY2022 499.02M HKD. Revenue FY2023 493.06M HKD. Revenue FY2024 664.69M HKD. Revenue FY2025 315.23M HKD. Operating income FY2021 1.43M HKD. Operating income FY2022 −3.23M HKD. Operating income FY2023 −2.09M HKD. Operating income FY2024 −26.35M HKD. Operating income FY2025 −42.86M HKD. Net income FY2021 −1.46M HKD. Net income FY2022 −7.54M HKD. Net income FY2023 −8.92M HKD. Net income FY2024 −33.79M HKD. Net income FY2025 −46.24M HKD.
Metric (HKD)FY2025FY2024FY2023FY2022FY2021
Revenue315.23M HKD664.69M HKD493.06M HKD499.02M HKD441.17M HKD
Cost of goods sold277.25M HKD598.55M HKD430.11M HKD418.8M HKD380.08M HKD
Gross profit37.98M HKD66.14M HKD62.95M HKD80.22M HKD61.09M HKD
Selling, general, and administrative80.84M HKD92.48M HKD65.04M HKD86.17M HKD64.1M HKD
Operating expenses80.84M HKD92.48M HKD65.04M HKD85.07M HKD63.18M HKD
Interest income380K HKD1.4M HKD800K HKD646K HKD614K HKD
Interest expense3.8M HKD10.4M HKD8.57M HKD4.49M HKD1.81M HKD
Depreciation and amortization12.27M HKD10.42M HKD11.36M HKD12.43M HKD10.65M HKD
Operating income−42.86M HKD−26.35M HKD−2.09M HKD−3.23M HKD1.43M HKD
Net income−46.24M HKD−33.79M HKD−8.92M HKD−7.54M HKD−1.46M 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 estimates0.040.01-0.03-0.06Q2 '21Q4 '21Q3 '22Q2 '23Q3 '23Q1 '24Q3 '24Q1 '25
Q2 2021, reported Jun 30, 2021: actual -0.003, estimate —, surprise —, Comparison unavailable. Q4 2021, reported Dec 31, 2021: actual 0.003, estimate —, surprise —, Comparison unavailable. Q3 2022, reported Aug 26, 2022: actual 0.005, estimate —, surprise —, Comparison unavailable. Q2 2023, reported Apr 1, 2023: actual -0.014, estimate —, surprise —, Comparison unavailable. Q3 2023, reported Aug 26, 2023: actual -0.005, estimate —, surprise —, Comparison unavailable. Q1 2024, reported Mar 28, 2024: actual -0.005, estimate —, surprise —, Comparison unavailable. Q3 2024, reported Aug 29, 2024: actual -0.014, estimate —, surprise —, Comparison unavailable. Q1 2025, reported Mar 27, 2025: actual -0.024, estimate —, surprise —, Comparison unavailable.

Revenue: actual versus estimate

Recent quarterly results

ActualEstimate
Estimates unavailable
Quarterly Revenue actual values compared with estimates401.24M317.21M233.18M149.14MQ2 '21Q4 '21Q3 '22Q2 '23Q3 '23Q1 '24Q3 '24Q1 '25
Q2 2021, reported Jun 30, 2021: actual 166.53M HKD, estimate —, surprise —, Comparison unavailable. Q4 2021, reported Dec 31, 2021: actual 274.64M HKD, estimate —, surprise —, Comparison unavailable. Q3 2022, reported Aug 26, 2022: actual 246.09M HKD, estimate —, surprise —, Comparison unavailable. Q2 2023, reported Apr 1, 2023: actual 252.93M HKD, estimate —, surprise —, Comparison unavailable. Q3 2023, reported Aug 26, 2023: actual 227.22M HKD, estimate —, surprise —, Comparison unavailable. Q1 2024, reported Mar 28, 2024: actual 265.84M HKD, estimate —, surprise —, Comparison unavailable. Q3 2024, reported Aug 29, 2024: actual 280.84M HKD, estimate —, surprise —, Comparison unavailable. Q1 2025, reported Mar 27, 2025: actual 383.85M HKD, estimate —, surprise —, Comparison unavailable.

Corporate actions

Annual dividends per share

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

HK$0.0661

2008 complete year-30.0% since 2002

Corporate action history

Dividend

Ex-dividend Sep 8, 2022

HK$0.002

Annual

Record Sep 9, 2022 · Payment Sep 26, 2022

Dividend

Ex-dividend Sep 5, 2008

HK$0.02

Semi-Annual

Dividend

Ex-dividend Apr 23, 2008

HK$0.05

Semi-Annual

Dividend

Ex-dividend Sep 11, 2007

HK$0.03

Semi-Annual

Dividend

Ex-dividend Apr 27, 2007

HK$0.06

Semi-Annual

Dividend

Ex-dividend Sep 12, 2006

HK$0.03

Semi-Annual

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