Zhongsheng Group Holdings Limited logo

Zhongsheng Group Holdings Limited

0881.HK

HKSEConsumer CyclicalAuto - Dealerships

Latest quote

HK$4.455

−HK$0.135 · -2.94%

Aug 24, 4:08 PM HKT

0881.HK company overview

Regular session · HKT · Market data may be delayed.

Company profile

Company website

Operating as an investment holding firm, Zhongsheng Group Holdings Limited primarily engages in the retail and servicing of motor vehicles. The company operates an extensive network of 4S dealerships, representing a broad spectrum of automotive brands. This encompasses luxury marques such as Mercedes-Benz, Lexus, Audi, Jaguar, Land Rover, Porsche, and Volvo, as well as popular mid-to-high-end brands including Toyota and Nissan. Beyond vehicle sales, the group provides a full range of after-market services, offering spare parts, vehicle accessories, repair and maintenance work, detailing services, and various other car-related products. As of December 31, 2021, Zhongsheng Group managed 412 automobile dealerships across the People's Republic of China, with 254 dedicated to luxury brands and 158 to mid-to-high-end brands. These operations reached approximately 110 cities within 25 provinces, municipalities, and autonomous regions. Founded in 1998, Zhongsheng Group Holdings Limited maintains its corporate headquarters in Dalian, People's Republic of China.

Industry
Auto - Dealerships
Sector
Consumer Cyclical
Headquarters
CN
CEO
Guoqiang Li
Listed since
Mar 26, 2010
Employees
30,287

Market position

Day range

Current HK$4.455

52-week range

Current HK$4.455

Open
HK$4.40
Previous close
HK$4.59
Volume
2.78M
0.31× average
Average volume
8.85M
Average daily volume
Market cap
10.54B HKD
Beta
0.89
Market reference 1
50-day average
HK$4.7817
-6.83% below average
200-day average
HK$8.5919
-48.15% below average

Financials

Financial snapshot

Latest / TTM

Valuation & yield

Enterprise value
52.22B CNY
P/E (TTM)
-5.46×
P/B (TTM)
0.21×
P/S (TTM)
0.05×
EV / EBITDA
38.57×
Earnings yield
-6.77%
Free cash flow yield
20.46%
Dividend yield
0.00%

Profitability & efficiency

Gross margin
5.38%
Operating margin
-0.79%
Net margin
-0.99%
Return on equity
-3.83%
Return on assets
-1.61%
Return on invested capital
-1.60%

Financial health

Debt / equity
1.1×
Current ratio
1.57×

Financial statements

Margin trends

Profitability as a percentage of reported revenue.

Gross marginOperating marginNet margin
Gross, operating, and net margin trends12%7%2%-2%Gross margin, FY2021: 10.55%Gross margin, FY2022: 8.91%Gross margin, FY2023: 7.68%Gross margin, FY2024: 6.35%Gross margin, FY2025: 5.38%Operating margin, FY2021: 7.21%Operating margin, FY2022: 5.65%Operating margin, FY2023: 4.65%Operating margin, FY2024: 3.38%Operating margin, FY2025: -0.79%Net margin, FY2021: 4.76%Net margin, FY2022: 3.72%Net margin, FY2023: 2.80%Net margin, FY2024: 1.91%Net margin, FY2025: -1.02%FY2021FY2022FY2023FY2024FY2025
Gross margin FY2021 10.55%. Gross margin FY2022 8.91%. Gross margin FY2023 7.68%. Gross margin FY2024 6.35%. Gross margin FY2025 5.38%. Operating margin FY2021 7.21%. Operating margin FY2022 5.65%. Operating margin FY2023 4.65%. Operating margin FY2024 3.38%. Operating margin FY2025 -0.79%. Net margin FY2021 4.76%. Net margin FY2022 3.72%. Net margin FY2023 2.80%. Net margin FY2024 1.91%. Net margin FY2025 -1.02%.

Income trends

Revenue

164.4B CNY-2.21%

Operating income

−1.3B CNY−6.97B CNY

Net income

−1.67B CNY−4.89B CNY
Income trends across reported periods198.01B CNY125.4B CNY52.79B CNY−19.83B CNYRevenue, FY2021: 175.1B CNYRevenue, FY2022: 179.86B CNYRevenue, FY2023: 179.29B CNYRevenue, FY2024: 168.12B CNYRevenue, FY2025: 164.4B CNYOperating income, FY2021: 12.62B CNYOperating income, FY2022: 10.17B CNYOperating income, FY2023: 8.34B CNYOperating income, FY2024: 5.67B CNYOperating income, FY2025: −1.3B CNYNet income, FY2021: 8.33B CNYNet income, FY2022: 6.69B CNYNet income, FY2023: 5.02B CNYNet income, FY2024: 3.21B CNYNet income, FY2025: −1.67B CNYFY2021FY2022FY2023FY2024FY2025
Revenue FY2021 175.1B CNY. Revenue FY2022 179.86B CNY. Revenue FY2023 179.29B CNY. Revenue FY2024 168.12B CNY. Revenue FY2025 164.4B CNY. Operating income FY2021 12.62B CNY. Operating income FY2022 10.17B CNY. Operating income FY2023 8.34B CNY. Operating income FY2024 5.67B CNY. Operating income FY2025 −1.3B CNY. Net income FY2021 8.33B CNY. Net income FY2022 6.69B CNY. Net income FY2023 5.02B CNY. Net income FY2024 3.21B CNY. Net income FY2025 −1.67B CNY.
Metric (CNY)FY2025FY2024FY2023FY2022FY2021
Revenue164.4B CNY168.12B CNY179.29B CNY179.86B CNY175.1B CNY
Cost of goods sold155.57B CNY157.45B CNY165.53B CNY163.83B CNY156.63B CNY
Gross profit8.84B CNY10.67B CNY13.76B CNY16.03B CNY18.47B CNY
Selling, general, and administrative10.14B CNY9.78B CNY10.16B CNY10.29B CNY9.74B CNY
Operating expenses9.36B CNY5B CNY5.42B CNY5.86B CNY5.85B CNY
Interest income487.02M CNY328.4M CNY458.33M CNY239.85M CNY183.44M CNY
Interest expense1.53B CNY1.57B CNY1.51B CNY1.22B CNY1.12B CNY
Depreciation and amortization2.62B CNY2.05T CNY2.22B CNY2.85B CNY2.37B CNY
Operating income−1.3B CNY5.67B CNY8.34B CNY10.17B CNY12.62B CNY
Net income−1.67B CNY3.21B CNY5.02B CNY6.69B CNY8.33B CNY

Company facts updated Aug 24, 2026.

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