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Grand Ming Group Holdings Limited logo

Grand Ming Group Holdings Limited

1271.HK

HKSEIndustrialsEngineering & Construction

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Latest quote

HK$0.32

HK$0.00 · 0.00%

Aug 20, 11:31 AM HKT

1271.HK company overview

Regular session · HKT · Market data may be delayed.

Company profile

Company website

Grand Ming Group Holdings Limited operates as an investment holding company, engaging in a variety of business ventures across Hong Kong. Its core activities include building construction, property leasing, and real estate development. The construction division is responsible for erecting residential and commercial structures, as well as specialized data centers. Through its property leasing segment, the company rents out data centers and various commercial retail units. Additionally, the property development arm focuses on the creation and sale of real estate properties. Established in 1995, the firm's main office is located in Tsim Sha Tsui, Hong Kong, and it functions as a subsidiary of Chan HM Company Limited.

Industry
Engineering & Construction
Sector
Industrials
Headquarters
HK
CEO
Chi Wah Lau
Listed since
Aug 9, 2013
Employees
157

Market position

52-week range

Current HK$0.32

Open
HK$0.32
Previous close
HK$0.32
Volume
11K
0.34× average
Average volume
31.92K
Average daily volume
Market cap
454.47M HKD
Beta
0.32
Market reference 1
50-day average
HK$0.3076
+4.04% above average
200-day average
HK$0.5933
-46.07% below average

Financials

Financial snapshot

Latest / TTM

Valuation & yield

Enterprise value
6.6B HKD
P/E (TTM)
-1.29×
P/B (TTM)
0.19×
P/S (TTM)
0.52×
EV / EBITDA
-29.34×
Earnings yield
-44.74%
Free cash flow yield
18.19%
Dividend yield
0.00%

Profitability & efficiency

Gross margin
6.19%
Operating margin
-12.87%
Net margin
-40.25%
Return on equity
-14.71%
Return on assets
-3.90%
Return on invested capital
-1.31%

Financial health

Debt / equity
2.52×
Current ratio
0.22×
Altman Z-score
-0.46
Piotroski F-score
3 of 9

Financial statements

Margin trends

Profitability as a percentage of reported revenue.

Gross marginOperating marginNet margin
Gross, operating, and net margin trends94%45%-4%-52%Gross margin, FY2021: 7.54%Gross margin, FY2022: 39.72%Gross margin, FY2023: 31.64%Gross margin, FY2024: 29.04%Gross margin, FY2025: 6.19%Operating margin, FY2021: -3.45%Operating margin, FY2022: 33.01%Operating margin, FY2023: 81.81%Operating margin, FY2024: -14.79%Operating margin, FY2025: -12.87%Net margin, FY2021: 2.15%Net margin, FY2022: 25.49%Net margin, FY2023: 56.03%Net margin, FY2024: -25.49%Net margin, FY2025: -40.25%FY2021FY2022FY2023FY2024FY2025
Gross margin FY2021 7.54%. Gross margin FY2022 39.72%. Gross margin FY2023 31.64%. Gross margin FY2024 29.04%. Gross margin FY2025 6.19%. Operating margin FY2021 -3.45%. Operating margin FY2022 33.01%. Operating margin FY2023 81.81%. Operating margin FY2024 -14.79%. Operating margin FY2025 -12.87%. Net margin FY2021 2.15%. Net margin FY2022 25.49%. Net margin FY2023 56.03%. Net margin FY2024 -25.49%. Net margin FY2025 -40.25%.

Income trends

Revenue

868.38M HKD-24.21%

Operating income

−111.75M HKD+34.06%

Net income

−349.5M HKD-19.67%
Income trends across reported periods5.54B HKD3.4B HKD1.26B HKD−884.9M HKDRevenue, FY2021: 817.87M HKDRevenue, FY2022: 5B HKDRevenue, FY2023: 532.69M HKDRevenue, FY2024: 1.15B HKDRevenue, FY2025: 868.38M HKDOperating income, FY2021: −28.18M HKDOperating income, FY2022: 1.65B HKDOperating income, FY2023: 435.8M HKDOperating income, FY2024: −169.46M HKDOperating income, FY2025: −111.75M HKDNet income, FY2021: 17.55M HKDNet income, FY2022: 1.28B HKDNet income, FY2023: 298.45M HKDNet income, FY2024: −292.06M HKDNet income, FY2025: −349.5M HKDFY2021FY2022FY2023FY2024FY2025
Revenue FY2021 817.87M HKD. Revenue FY2022 5B HKD. Revenue FY2023 532.69M HKD. Revenue FY2024 1.15B HKD. Revenue FY2025 868.38M HKD. Operating income FY2021 −28.18M HKD. Operating income FY2022 1.65B HKD. Operating income FY2023 435.8M HKD. Operating income FY2024 −169.46M HKD. Operating income FY2025 −111.75M HKD. Net income FY2021 17.55M HKD. Net income FY2022 1.28B HKD. Net income FY2023 298.45M HKD. Net income FY2024 −292.06M HKD. Net income FY2025 −349.5M HKD.
Metric (HKD)FY2025FY2024FY2023FY2022FY2021
Revenue868.38M HKD1.15B HKD532.69M HKD5B HKD817.87M HKD
Cost of goods sold814.65M HKD813.04M HKD364.13M HKD3.02B HKD756.18M HKD
Gross profit53.73M HKD332.72M HKD168.57M HKD1.99B HKD61.68M HKD
Selling, general, and administrative165.48M HKD347.64M HKD123.05M HKD335.93M HKD89.87M HKD
Operating expenses165.48M HKD502.18M HKD−267.23M HKD335.93M HKD89.87M HKD
Interest income30K HKD8.13M HKD9.92M HKD12.58M HKD3.65M HKD
Interest expense107.82M HKD96.81M HKD122.67M HKD105.09M HKD58.85M HKD
Depreciation and amortization19.73M HKD21.26M HKD21.91M HKD40.34M HKD28.39M HKD
Operating income−111.75M HKD−169.46M HKD435.8M HKD1.65B HKD−28.18M HKD
Net income−349.5M HKD−292.06M HKD298.45M HKD1.28B HKD17.55M HKD

Company facts updated Aug 24, 2026.

Earnings

Latest EPS result
0.04

EPS: actual versus estimate

Recent quarterly results

ActualEstimate
Estimates unavailable
Quarterly EPS actual values compared with estimates1.080.660.24-0.18Q1 '21Q3 '21Q1 '22Q4 '22Q2 '23Q4 '23Q2 '24Q4 '24
Q1 2021, reported Mar 31, 2021: actual 0.056, estimate —, surprise —, Comparison unavailable. Q3 2021, reported Sep 30, 2021: actual 0.049, estimate —, surprise —, Comparison unavailable. Q1 2022, reported Mar 31, 2022: actual -0.036, estimate —, surprise —, Comparison unavailable. Q4 2022, reported Nov 11, 2022: actual 0.993, estimate —, surprise —, Comparison unavailable. Q2 2023, reported Jun 20, 2023: actual -0.095, estimate —, surprise —, Comparison unavailable. Q4 2023, reported Nov 9, 2023: actual 0.078, estimate —, surprise —, Comparison unavailable. Q2 2024, reported Jun 26, 2024: actual 0.132, estimate —, surprise —, Comparison unavailable. Q4 2024, reported Nov 26, 2024: actual 0.037, estimate —, surprise —, Comparison unavailable.

Revenue: actual versus estimate

Recent quarterly results

ActualEstimate
Estimates unavailable
Quarterly Revenue actual values compared with estimates5.31B3.56B1.82B71.8MQ1 '21Q3 '21Q1 '22Q4 '22Q2 '23Q4 '23Q2 '24Q4 '24
Q1 2021, reported Mar 31, 2021: actual 706.25M HKD, estimate —, surprise —, Comparison unavailable. Q3 2021, reported Sep 30, 2021: actual 586.13M HKD, estimate —, surprise —, Comparison unavailable. Q1 2022, reported Mar 31, 2022: actual 231.74M HKD, estimate —, surprise —, Comparison unavailable. Q4 2022, reported Nov 11, 2022: actual 4.92B HKD, estimate —, surprise —, Comparison unavailable. Q2 2023, reported Jun 20, 2023: actual 84.47M HKD, estimate —, surprise —, Comparison unavailable. Q4 2023, reported Nov 9, 2023: actual 191.7M HKD, estimate —, surprise —, Comparison unavailable. Q2 2024, reported Jun 26, 2024: actual 340.99M HKD, estimate —, surprise —, Comparison unavailable. Q4 2024, reported Nov 26, 2024: actual 683.75M HKD, estimate —, surprise —, Comparison unavailable.

Corporate actions

Annual dividends per share

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

HK$0.09

2023 complete year+83.7% since 2019

Corporate action history

Dividend

Ex-dividend Nov 27, 2023

HK$0.04

Annual

Record Nov 29, 2023 · Payment Dec 20, 2023

Dividend

Ex-dividend Aug 10, 2023

HK$0.05

Special

Record Aug 11, 2023 · Payment Sep 18, 2023

Dividend

Ex-dividend Nov 28, 2022

HK$0.06

Semi-Annual

Record Nov 30, 2022 · Payment Dec 15, 2022

Dividend

Ex-dividend Aug 11, 2022

HK$0.04

Semi-Annual

Record Aug 15, 2022 · Payment Sep 2, 2022

Dividend

Ex-dividend Jun 10, 2022

HK$0.20

Special

Record Jun 14, 2022 · Payment Jun 28, 2022

Dividend

Ex-dividend Nov 29, 2021

HK$0.04

Semi-Annual

Record Dec 1, 2021 · Payment Dec 16, 2021

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