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SOCAM Development Limited logo

SOCAM Development Limited

0983.HK

HKSEReal EstateReal Estate - Development

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Latest quote

HK$0.35

−HK$0.025 · -6.67%

Aug 24, 11:14 AM HKT

0983.HK company overview

Historical prices · Market data may be delayed.

Company profile

Company website

SOCAM Development Limited functions as an investment holding company, primarily focusing on real estate development and building construction across Hong Kong, Macau, and Mainland China. Its activities are organized into three main divisions: Property, Construction and Building Maintenance, and a range of Other Businesses. The company's construction segment handles diverse projects, including public housing, commercial structures, and institutional buildings. Beyond new construction, it provides services such as interior fitting-out, renovation, ongoing maintenance, and complete facility management. Furthermore, SOCAM is involved in venture capital investments, offers design and contracting solutions, delivers management and consultancy services, and specializes in structural steel fabrication. The company's operations also extend to owning and leasing heavy equipment, supplying building facades, and developing properties for rental. Founded in 1997 as Shui On Construction and Materials Limited, the firm adopted its current name, SOCAM Development Limited, in September 2011. It is headquartered in Wan Chai, Hong Kong, and operates as a subsidiary of Shui On Land Limited.

Industry
Real Estate - Development
Sector
Real Estate
Headquarters
HK
CEO
Chun Kong Lee
Listed since
Feb 3, 1997
Employees
1,620

Market position

Day range

Current HK$0.35

52-week range

Current HK$0.35

Open
HK$0.385
Previous close
HK$0.375
Volume
52K
1.03× average
Average volume
50.27K
Average daily volume
Market cap
130.67M HKD
Beta
0.46
Market reference 1
50-day average
HK$0.317
+10.41% above average
200-day average
HK$0.3462
+1.11% above average

Financials

Financial snapshot

Latest / TTM

Valuation & yield

Enterprise value
2.16B HKD
EV / EBITDA
18.49×
Earnings yield
-114.55%
Free cash flow yield
78.80%

Profitability & efficiency

Return on equity
-7.10%
Return on assets
-1.60%
Return on invested capital
1.29%

Financial health

Current ratio
0.99×

Financial statements

Margin trends

Profitability as a percentage of reported revenue.

Gross marginOperating marginNet margin
Gross, operating, and net margin trends103%64%25%-14%Gross margin, FY2021: 93.53%Gross margin, FY2022: 90.36%Gross margin, FY2023: 4.07%Gross margin, FY2024: 13.00%Gross margin, FY2025: 1.04%Operating margin, FY2021: 7.63%Operating margin, FY2022: 8.01%Operating margin, FY2023: 4.07%Operating margin, FY2024: 1.73%Operating margin, FY2025: 1.04%Net margin, FY2021: 1.44%Net margin, FY2022: -3.68%Net margin, FY2023: -1.86%Net margin, FY2024: -3.91%Net margin, FY2025: -2.01%FY2021FY2022FY2023FY2024FY2025
Gross margin FY2021 93.53%. Gross margin FY2022 90.36%. Gross margin FY2023 4.07%. Gross margin FY2024 13.00%. Gross margin FY2025 1.04%. Operating margin FY2021 7.63%. Operating margin FY2022 8.01%. Operating margin FY2023 4.07%. Operating margin FY2024 1.73%. Operating margin FY2025 1.04%. Net margin FY2021 1.44%. Net margin FY2022 -3.68%. Net margin FY2023 -1.86%. Net margin FY2024 -3.91%. Net margin FY2025 -2.01%.

Income trends

Revenue

7.01B HKD-24.69%

Operating income

73M HKD-54.66%

Net income

−141M HKD+61.26%
Income trends across reported periods10.28B HKD6.41B HKD2.54B HKD−1.33B HKDRevenue, FY2021: 5.27B HKDRevenue, FY2022: 6.31B HKDRevenue, FY2023: 8.34B HKDRevenue, FY2024: 9.31B HKDRevenue, FY2025: 7.01B HKDOperating income, FY2021: 402M HKDOperating income, FY2022: 505M HKDOperating income, FY2023: 339M HKDOperating income, FY2024: 161M HKDOperating income, FY2025: 73M HKDNet income, FY2021: 76M HKDNet income, FY2022: −232M HKDNet income, FY2023: −155M HKDNet income, FY2024: −364M HKDNet income, FY2025: −141M HKDFY2021FY2022FY2023FY2024FY2025
Revenue FY2021 5.27B HKD. Revenue FY2022 6.31B HKD. Revenue FY2023 8.34B HKD. Revenue FY2024 9.31B HKD. Revenue FY2025 7.01B HKD. Operating income FY2021 402M HKD. Operating income FY2022 505M HKD. Operating income FY2023 339M HKD. Operating income FY2024 161M HKD. Operating income FY2025 73M HKD. Net income FY2021 76M HKD. Net income FY2022 −232M HKD. Net income FY2023 −155M HKD. Net income FY2024 −364M HKD. Net income FY2025 −141M HKD.
Metric (HKD)FY2025FY2024FY2023FY2022FY2021
Revenue7.01B HKD9.31B HKD8.34B HKD6.31B HKD5.27B HKD
Cost of goods sold6.94B HKD8.1B HKD8B HKD608M HKD341M HKD
Gross profit73M HKD1.21B HKD339M HKD5.7B HKD4.93B HKD
Selling, general, and administrative854M HKD1.05B HKD931M HKD847M HKD762M HKD
Operating expenses—1.05B HKD931M HKD906M HKD808M HKD
Interest income13M HKD25M HKD25M HKD27M HKD25M HKD
Interest expense182M HKD262M HKD237M HKD164M HKD161M HKD
Depreciation and amortization44M HKD23M HKD62M HKD59M HKD46M HKD
Operating income73M HKD161M HKD339M HKD505M HKD402M HKD
Net income−141M HKD−364M HKD−155M HKD−232M HKD76M HKD

Company facts updated Aug 24, 2026.

Corporate actions

Annual dividends per share

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

HK$3.5399

2011 complete year+0.2% since 2010

Corporate action history

Dividend

Ex-dividend Jun 8, 2022

HK$0.07

Irregular

Record Jun 10, 2022 · Payment Jun 30, 2022

Dividend

Ex-dividend Jun 20, 2013

HK$3.9249

Annual

Dividend

Ex-dividend May 28, 2012

HK$3.1399

Semi-Annual

Dividend

Ex-dividend Jun 14, 2011

HK$0.40

Irregular

Dividend

Ex-dividend Jun 14, 2011

HK$3.1399

Semi-Annual

Dividend

Ex-dividend Sep 17, 2010

HK$1.57

Semi-Annual

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