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Man Sang International Limited logo

Man Sang International Limited

0938.HK

HKSEReal EstateReal Estate - Development

Open in GoAI

Latest quote

HK$0.375

−HK$0.005 · -1.32%

Aug 12, 3:59 PM HKTData delayed

0938.HK company overview

Historical prices · Market data may be delayed.

Company profile

Company website

As an investment holding firm, Man Sang International Limited engages predominantly in real estate activities across the People's Republic of China. Its operations include developing new properties, managing their rentals, and executing sales, notably focusing on residential dwellings. The company also offers serviced apartments and retail mall spaces for lease. Complementary services such as property management, renovation, and interior design are also provided. Expanding its reach, Man Sang International Limited additionally operates a hotel situated in Japan. The company's principal office is located in Chai Wan, Hong Kong, and it functions as a subsidiary of China DaDi Group Limited.

Industry
Real Estate - Development
Sector
Real Estate
Headquarters
HK
CEO
Ka Yu Tam
Listed since
Sep 26, 1997
Employees
194

Market position

Day range

Current HK$0.375

52-week range

Current HK$0.375

Open
HK$0.43
Previous close
HK$0.38
Volume
4K
0.02× average
Average volume
239.06K
Average daily volume
Market cap
242.7M HKD
Beta
0.28
Market reference 1
50-day average
HK$0.4052
-7.45% below average
200-day average
HK$0.4074
-7.95% below average

Financials

Financial snapshot

Latest / TTM

Valuation & yield

Enterprise value
1.01B HKD
P/E (TTM)
-3.57×
P/B (TTM)
-0.4×
P/S (TTM)
2.31×
EV / EBITDA
-69.73×
Earnings yield
-27.14%
Free cash flow yield
2.14%
Dividend yield
0.00%

Profitability & efficiency

Gross margin
46.80%
Operating margin
15.27%
Net margin
378.25%
Return on equity
12.07%
Return on assets
-30.49%
Return on invested capital
2.36%

Financial health

Debt / equity
-1.25×
Current ratio
2.91×

Financial statements

Margin trends

Profitability as a percentage of reported revenue.

Gross marginOperating marginNet margin
Gross, operating, and net margin trends86%-104%-293%-483%Gross margin, FY2022: -7.20%Gross margin, FY2023: 7.61%Gross margin, FY2024: 13.11%Gross margin, FY2025: 18.46%Gross margin, FY2026: 38.68%Operating margin, FY2022: -90.06%Operating margin, FY2023: -51.17%Operating margin, FY2024: -41.71%Operating margin, FY2025: -26.92%Operating margin, FY2026: 5.99%Net margin, FY2022: -318.66%Net margin, FY2023: -352.15%Net margin, FY2024: -435.50%Net margin, FY2025: -428.99%Net margin, FY2026: -77.10%FY2022FY2023FY2024FY2025FY2026
Gross margin FY2022 -7.20%. Gross margin FY2023 7.61%. Gross margin FY2024 13.11%. Gross margin FY2025 18.46%. Gross margin FY2026 38.68%. Operating margin FY2022 -90.06%. Operating margin FY2023 -51.17%. Operating margin FY2024 -41.71%. Operating margin FY2025 -26.92%. Operating margin FY2026 5.99%. Net margin FY2022 -318.66%. Net margin FY2023 -352.15%. Net margin FY2024 -435.50%. Net margin FY2025 -428.99%. Net margin FY2026 -77.10%.

Income trends

Revenue

94.56M HKD-31.50%

Operating income

5.66M HKD+42.82M HKD

Net income

−72.9M HKD+87.69%
Income trends across reported periods211.07M HKD−81.03M HKD−373.13M HKD−665.24M HKDRevenue, FY2022: 116.66M HKDRevenue, FY2023: 137.14M HKDRevenue, FY2024: 126.71M HKDRevenue, FY2025: 138.05M HKDRevenue, FY2026: 94.56M HKDOperating income, FY2022: −105.06M HKDOperating income, FY2023: −70.17M HKDOperating income, FY2024: −52.85M HKDOperating income, FY2025: −37.16M HKDOperating income, FY2026: 5.66M HKDNet income, FY2022: −371.74M HKDNet income, FY2023: −482.92M HKDNet income, FY2024: −551.83M HKDNet income, FY2025: −592.21M HKDNet income, FY2026: −72.9M HKDFY2022FY2023FY2024FY2025FY2026
Revenue FY2022 116.66M HKD. Revenue FY2023 137.14M HKD. Revenue FY2024 126.71M HKD. Revenue FY2025 138.05M HKD. Revenue FY2026 94.56M HKD. Operating income FY2022 −105.06M HKD. Operating income FY2023 −70.17M HKD. Operating income FY2024 −52.85M HKD. Operating income FY2025 −37.16M HKD. Operating income FY2026 5.66M HKD. Net income FY2022 −371.74M HKD. Net income FY2023 −482.92M HKD. Net income FY2024 −551.83M HKD. Net income FY2025 −592.21M HKD. Net income FY2026 −72.9M HKD.
Metric (HKD)FY2026FY2025FY2024FY2023FY2022
Revenue94.56M HKD138.05M HKD126.71M HKD137.14M HKD116.66M HKD
Cost of goods sold57.98M HKD112.57M HKD110.1M HKD126.7M HKD125.05M HKD
Gross profit36.58M HKD25.48M HKD16.61M HKD10.44M HKD−8.39M HKD
Research and development———−3.46 HKD−3.25 HKD
Selling, general, and administrative—63.1M HKD69.53M HKD80.61M HKD96.67M HKD
Operating expenses30.91M HKD62.64M HKD69.46M HKD80.32M HKD96.13M HKD
Interest income4K HKD10K HKD30K HKD47K HKD63K HKD
Interest expense50.23M HKD208.54M HKD137.22M HKD167.92M HKD185.6M HKD
Depreciation and amortization5.22M HKD23.03M HKD27.09M HKD39.6M HKD43.99M HKD
Operating income5.66M HKD−37.16M HKD−52.85M HKD−70.17M HKD−105.06M HKD
Net income−72.9M HKD−592.21M HKD−551.83M HKD−482.92M HKD−371.74M HKD

Company facts updated Aug 24, 2026.

Corporate actions

Annual dividends per share

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

HK$0.10

2013 complete year-33.3% since 2008

Corporate action history

Dividend

Ex-dividend Aug 22, 2013

HK$0.02

Special

Dividend

Ex-dividend Dec 12, 2012

HK$0.03

Quarterly

Dividend

Ex-dividend Aug 21, 2012

HK$0.02

Special

Dividend

Ex-dividend Dec 12, 2011

HK$0.03

Special

Dividend

Ex-dividend Dec 30, 2009

HK$0.03

Special

Dividend

Ex-dividend Jul 28, 2008

HK$0.03

Annual

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