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Road King Infrastructure Limited logo

Road King Infrastructure Limited

1098.HK

HKSEReal EstateReal Estate - Development

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Latest quote

HK$0.535

−HK$0.005 · -0.93%

Aug 24, 4:08 PM HKT

1098.HK company overview

Historical prices · Market data may be delayed.

Company profile

Company website

Road King Infrastructure Limited, an investment holding firm, focuses on the development, operation, and management of real estate ventures and toll highways, primarily within the People's Republic of China. Its operations are organized into three principal divisions: Property Development and Investment, Toll Road, and Investment and Asset Management. The company is actively involved in constructing, leasing, and selling both residential and commercial properties. Additionally, its activities extend to property funds, cultural, tourism, and various commercial enterprises. It also provides financial and management advisory services. Road King maintains and operates a network of eight expressways, including five in mainland China and three in Indonesia, collectively spanning approximately 600 kilometers. As of December 31, 2021, the company held a substantial land bank of about 6.52 million square meters, largely concentrated in mainland China and Hong Kong. Founded in 1994, its corporate headquarters are situated in Tsim Sha Tsui, Hong Kong.

Industry
Real Estate - Development
Sector
Real Estate
Headquarters
HK
CEO
Shiu Leung Fong
Listed since
Jul 4, 1996
Employees
3,420

Market position

52-week range

Current HK$0.535

Open
HK$0.535
Previous close
HK$0.54
Volume
5K
0.05× average
Average volume
105.61K
Average daily volume
Market cap
400.9M HKD
Beta
0.86
Market reference 1
50-day average
HK$0.5174
+3.40% above average
200-day average
HK$0.6207
-13.80% below average

Financials

Financial snapshot

Latest / TTM

Valuation & yield

Enterprise value
20.66B HKD
P/E (TTM)
-0.07×
P/B (TTM)
0.07×
P/S (TTM)
0.08×
EV / EBITDA
-4.42×
Earnings yield
-1209.45%
Free cash flow yield
-110.70%
Dividend yield
0.00%

Profitability & efficiency

Gross margin
-44.10%
Operating margin
-60.83%
Net margin
-102.14%
Return on equity
-102.19%
Return on assets
-12.04%
Return on invested capital
-10.08%

Financial health

Debt / equity
4.29×
Current ratio
0.98×

Financial statements

Margin trends

Profitability as a percentage of reported revenue.

Gross marginOperating marginNet margin
Gross, operating, and net margin trends34%-15%-65%-115%Gross margin, FY2021: 21.88%Gross margin, FY2022: 17.16%Gross margin, FY2023: -4.96%Gross margin, FY2024: -31.22%Gross margin, FY2025: -44.10%Operating margin, FY2021: 14.38%Operating margin, FY2022: 5.92%Operating margin, FY2023: -19.68%Operating margin, FY2024: -48.11%Operating margin, FY2025: -59.01%Net margin, FY2021: 6.31%Net margin, FY2022: 0.24%Net margin, FY2023: -26.22%Net margin, FY2024: -64.68%Net margin, FY2025: -102.14%FY2021FY2022FY2023FY2024FY2025
Gross margin FY2021 21.88%. Gross margin FY2022 17.16%. Gross margin FY2023 -4.96%. Gross margin FY2024 -31.22%. Gross margin FY2025 -44.10%. Operating margin FY2021 14.38%. Operating margin FY2022 5.92%. Operating margin FY2023 -19.68%. Operating margin FY2024 -48.11%. Operating margin FY2025 -59.01%. Net margin FY2021 6.31%. Net margin FY2022 0.24%. Net margin FY2023 -26.22%. Net margin FY2024 -64.68%. Net margin FY2025 -102.14%.

Income trends

Revenue

5.32B HKD-3.88%

Operating income

−3.14B HKD-17.90%

Net income

−5.44B HKD-51.77%
Income trends across reported periods27.69B HKD15.64B HKD3.6B HKD−8.45B HKDRevenue, FY2021: 24.68B HKDRevenue, FY2022: 17.16B HKDRevenue, FY2023: 13.08B HKDRevenue, FY2024: 5.54B HKDRevenue, FY2025: 5.32B HKDOperating income, FY2021: 3.55B HKDOperating income, FY2022: 1.02B HKDOperating income, FY2023: −2.57B HKDOperating income, FY2024: −2.66B HKDOperating income, FY2025: −3.14B HKDNet income, FY2021: 1.56B HKDNet income, FY2022: 41.53M HKDNet income, FY2023: −3.43B HKDNet income, FY2024: −3.58B HKDNet income, FY2025: −5.44B HKDFY2021FY2022FY2023FY2024FY2025
Revenue FY2021 24.68B HKD. Revenue FY2022 17.16B HKD. Revenue FY2023 13.08B HKD. Revenue FY2024 5.54B HKD. Revenue FY2025 5.32B HKD. Operating income FY2021 3.55B HKD. Operating income FY2022 1.02B HKD. Operating income FY2023 −2.57B HKD. Operating income FY2024 −2.66B HKD. Operating income FY2025 −3.14B HKD. Net income FY2021 1.56B HKD. Net income FY2022 41.53M HKD. Net income FY2023 −3.43B HKD. Net income FY2024 −3.58B HKD. Net income FY2025 −5.44B HKD.
Metric (HKD)FY2025FY2024FY2023FY2022FY2021
Revenue5.32B HKD5.54B HKD13.08B HKD17.16B HKD24.68B HKD
Cost of goods sold7.67B HKD7.27B HKD13.72B HKD14.21B HKD19.28B HKD
Gross profit−2.35B HKD−1.73B HKD−647.99M HKD2.94B HKD5.4B HKD
Selling, general, and administrative793.63M HKD935.17M HKD1.23B HKD1.63B HKD1.85B HKD
Operating expenses793.63M HKD935.17M HKD1.23B HKD1.63B HKD1.85B HKD
Interest income16.72M HKD78.48M HKD222.13M HKD395.73M HKD307.7M HKD
Interest expense599.25M HKD736.33M HKD1.05B HKD1.14B HKD1.07B HKD
Depreciation and amortization36.22M HKD24.63M HKD36.95M HKD35.68M HKD49.73M HKD
Operating income−3.14B HKD−2.66B HKD−2.57B HKD1.02B HKD3.55B HKD
Net income−5.44B HKD−3.58B HKD−3.43B HKD41.53M HKD1.56B HKD

Company facts updated Aug 24, 2026.

Earnings

Latest EPS result
-3.77

EPS: actual versus estimate

Recent quarterly results

ActualEstimate
Estimates unavailable
Quarterly EPS actual values compared with estimates1.31-0.5-2.32-4.14Q2 '21Q4 '21Q3 '22Q1 '23Q3 '23Q1 '24Q3 '24Q1 '25
Q2 2021, reported Jun 30, 2021: actual 0.434, estimate —, surprise —, Comparison unavailable. Q4 2021, reported Dec 31, 2021: actual 0.938, estimate —, surprise —, Comparison unavailable. Q3 2022, reported Aug 24, 2022: actual 0.114, estimate —, surprise —, Comparison unavailable. Q1 2023, reported Mar 22, 2023: actual -0.775, estimate —, surprise —, Comparison unavailable. Q3 2023, reported Aug 23, 2023: actual -1.63, estimate —, surprise —, Comparison unavailable. Q1 2024, reported Mar 20, 2024: actual -3.66, estimate —, surprise —, Comparison unavailable. Q3 2024, reported Aug 22, 2024: actual -1.01, estimate —, surprise —, Comparison unavailable. Q1 2025, reported Mar 21, 2025: actual -3.77, estimate —, surprise —, Comparison unavailable.

Revenue: actual versus estimate

Recent quarterly results

ActualEstimate
Estimates unavailable
Quarterly Revenue actual values compared with estimates21.14B14.68B8.22B1.76BQ2 '21Q4 '21Q3 '22Q1 '23Q3 '23Q1 '24Q3 '24Q1 '25
Q2 2021, reported Jun 30, 2021: actual 4.95B HKD, estimate —, surprise —, Comparison unavailable. Q4 2021, reported Dec 31, 2021: actual 19.73B HKD, estimate —, surprise —, Comparison unavailable. Q3 2022, reported Aug 24, 2022: actual 4.97B HKD, estimate —, surprise —, Comparison unavailable. Q1 2023, reported Mar 22, 2023: actual 12.18B HKD, estimate —, surprise —, Comparison unavailable. Q3 2023, reported Aug 23, 2023: actual 6.28B HKD, estimate —, surprise —, Comparison unavailable. Q1 2024, reported Mar 20, 2024: actual 6.8B HKD, estimate —, surprise —, Comparison unavailable. Q3 2024, reported Aug 22, 2024: actual 3.47B HKD, estimate —, surprise —, Comparison unavailable. Q1 2025, reported Mar 21, 2025: actual 2.07B HKD, estimate —, surprise —, Comparison unavailable.

Corporate actions

Annual dividends per share

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

HK$0.70

2021 complete year0.0% since 2017

Corporate action history

Dividend

Ex-dividend May 24, 2022

HK$0.20

Semi-Annual

Record May 25, 2022 · Payment Jun 9, 2022

Dividend

Ex-dividend Sep 1, 2021

HK$0.15

Semi-Annual

Record Sep 2, 2021 · Payment Sep 30, 2021

Dividend

Ex-dividend May 28, 2021

HK$0.55

Semi-Annual

Record May 31, 2021 · Payment Jun 30, 2021

Dividend

Ex-dividend Sep 1, 2020

HK$0.20

Semi-Annual

Record Sep 2, 2020 · Payment Sep 30, 2020

Dividend

Ex-dividend May 26, 2020

HK$0.88

Semi-Annual

Record May 27, 2020 · Payment Jun 30, 2020

Dividend

Ex-dividend Sep 2, 2019

HK$0.30

Semi-Annual

Record Sep 3, 2019 · Payment Sep 30, 2019

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