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Greater Bay Area AI Computing Tech Co., Ltd.

1396.HK

HKSEReal EstateReal Estate - Development

Latest quote

HK$9.90

−HK$0.55 · -5.26%

Aug 24, 4:08 PM HKT

1396.HK company overview

Regular session · HKT · Market data may be delayed.

Company profile

Industry
Real Estate - Development
Sector
Real Estate
Headquarters
CN

Market position

Day range

Current HK$9.90

52-week range

Current HK$9.90

Open
HK$10.45
Previous close
HK$10.45
Volume
2.7M
Market cap
15.68B HKD
50-day average
HK$11.3614
-12.86% below average
200-day average
HK$8.6151
+14.92% above average

Financials

Financial snapshot

Latest / TTM

Valuation & yield

Enterprise value
8.1B CNY
P/E (TTM)
36.91×
P/B (TTM)
2.01×
P/S (TTM)
13.41×
EV / EBITDA
-8.72×
Earnings yield
1.53%
Free cash flow yield
7.37%
Dividend yield
0.00%

Profitability & efficiency

Gross margin
-52.82%
Operating margin
20.68%
Net margin
7.29%
Return on equity
1.85%
Return on assets
0.58%
Return on invested capital
0.92%

Financial health

Debt / equity
0.9×
Current ratio
1.05×

Financial statements

Margin trends

Profitability as a percentage of reported revenue.

Gross marginOperating marginNet margin
Gross, operating, and net margin trends30%-7%-43%-80%Gross margin, FY2021: 13.20%Gross margin, FY2022: -1.45%Gross margin, FY2023: 0.60%Gross margin, FY2024: -23.93%Gross margin, FY2025: -52.82%Operating margin, FY2021: -2.19%Operating margin, FY2022: -49.97%Operating margin, FY2023: -21.51%Operating margin, FY2024: -57.85%Operating margin, FY2025: 20.68%Net margin, FY2021: -8.95%Net margin, FY2022: -49.61%Net margin, FY2023: -34.41%Net margin, FY2024: -70.49%Net margin, FY2025: 7.29%FY2021FY2022FY2023FY2024FY2025
Gross margin FY2021 13.20%. Gross margin FY2022 -1.45%. Gross margin FY2023 0.60%. Gross margin FY2024 -23.93%. Gross margin FY2025 -52.82%. Operating margin FY2021 -2.19%. Operating margin FY2022 -49.97%. Operating margin FY2023 -21.51%. Operating margin FY2024 -57.85%. Operating margin FY2025 20.68%. Net margin FY2021 -8.95%. Net margin FY2022 -49.61%. Net margin FY2023 -34.41%. Net margin FY2024 -70.49%. Net margin FY2025 7.29%.

Income trends

Revenue

1B CNY-61.48%

Operating income

207.36M CNY+1.71B CNY

Net income

73.05M CNY+1.91B CNY
Income trends across reported periods6.31B CNY3.35B CNY387.06M CNY−2.58B CNYRevenue, FY2021: 5.57B CNYRevenue, FY2022: 3.17B CNYRevenue, FY2023: 3.53B CNYRevenue, FY2024: 2.6B CNYRevenue, FY2025: 1B CNYOperating income, FY2021: −121.78M CNYOperating income, FY2022: −1.58B CNYOperating income, FY2023: −759.26M CNYOperating income, FY2024: −1.51B CNYOperating income, FY2025: 207.36M CNYNet income, FY2021: −498.48M CNYNet income, FY2022: −1.57B CNYNet income, FY2023: −1.21B CNYNet income, FY2024: −1.83B CNYNet income, FY2025: 73.05M CNYFY2021FY2022FY2023FY2024FY2025
Revenue FY2021 5.57B CNY. Revenue FY2022 3.17B CNY. Revenue FY2023 3.53B CNY. Revenue FY2024 2.6B CNY. Revenue FY2025 1B CNY. Operating income FY2021 −121.78M CNY. Operating income FY2022 −1.58B CNY. Operating income FY2023 −759.26M CNY. Operating income FY2024 −1.51B CNY. Operating income FY2025 207.36M CNY. Net income FY2021 −498.48M CNY. Net income FY2022 −1.57B CNY. Net income FY2023 −1.21B CNY. Net income FY2024 −1.83B CNY. Net income FY2025 73.05M CNY.
Metric (CNY)FY2025FY2024FY2023FY2022FY2021
Revenue1B CNY2.6B CNY3.53B CNY3.17B CNY5.57B CNY
Cost of goods sold1.53B CNY3.23B CNY3.51B CNY3.21B CNY4.84B CNY
Gross profit−529.53M CNY−622.71M CNY21.16M CNY−45.97M CNY735.25M CNY
Selling, general, and administrative248M CNY145.22M CNY277.7M CNY463.5M CNY669.5M CNY
Operating expenses−736.89M CNY882.97M CNY780.42M CNY1.54B CNY857.03M CNY
Interest income81K CNY4.5M CNY19.33M CNY61.9M CNY63.04M CNY
Interest expense77.7M CNY39.04M CNY185.43M CNY336.21M CNY267.56M CNY
Depreciation and amortization128.23M CNY3.01M CNY15.67M CNY3.44M CNY35.87M CNY
Operating income207.36M CNY−1.51B CNY−759.26M CNY−1.58B CNY−121.78M CNY
Net income73.05M CNY−1.83B CNY−1.21B CNY−1.57B CNY−498.48M CNY

Company facts updated Aug 24, 2026.

Earnings

Latest EPS result
-1.35

EPS: actual versus estimate

Recent quarterly results

ActualEstimate
Estimates unavailable
Quarterly EPS actual values compared with estimates0.4-0.58-1.57-2.55Q2 '21Q1 '22Q3 '22Q2 '23Q3 '23Q1 '24Q3 '24Q1 '25
Q2 2021, reported Jun 30, 2021: actual 0.201, estimate —, surprise —, Comparison unavailable. Q1 2022, reported Mar 28, 2022: actual -1.55, estimate —, surprise —, Comparison unavailable. Q3 2022, reported Aug 29, 2022: actual -2.06, estimate —, surprise —, Comparison unavailable. Q2 2023, reported Apr 28, 2023: actual -1.95, estimate —, surprise —, Comparison unavailable. Q3 2023, reported Aug 30, 2023: actual -1.57, estimate —, surprise —, Comparison unavailable. Q1 2024, reported Mar 29, 2024: actual -1.36, estimate —, surprise —, Comparison unavailable. Q3 2024, reported Aug 29, 2024: actual -2.35, estimate —, surprise —, Comparison unavailable. Q1 2025, reported Mar 30, 2025: actual -1.35, estimate —, surprise —, Comparison unavailable.

Revenue: actual versus estimate

Recent quarterly results

ActualEstimate
Estimates unavailable
Quarterly Revenue actual values compared with estimates3.85B2.83B1.81B786.58MQ2 '21Q1 '22Q3 '22Q2 '23Q3 '23Q1 '24Q3 '24Q1 '25
Q2 2021, reported Jun 30, 2021: actual 3.13B HKD, estimate —, surprise —, Comparison unavailable. Q1 2022, reported Mar 28, 2022: actual 3.63B HKD, estimate —, surprise —, Comparison unavailable. Q3 2022, reported Aug 29, 2022: actual 1.55B HKD, estimate —, surprise —, Comparison unavailable. Q2 2023, reported Apr 28, 2023: actual 2.1B HKD, estimate —, surprise —, Comparison unavailable. Q3 2023, reported Aug 30, 2023: actual 1.76B HKD, estimate —, surprise —, Comparison unavailable. Q1 2024, reported Mar 29, 2024: actual 2.11B HKD, estimate —, surprise —, Comparison unavailable. Q3 2024, reported Aug 29, 2024: actual 925.38M HKD, estimate —, surprise —, Comparison unavailable. Q1 2025, reported Mar 30, 2025: actual 1.85B HKD, estimate —, surprise —, Comparison unavailable.

Corporate actions

Annual dividends per share

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

HK$0.15

2016 complete year-92.3% since 2014

Corporate action history

Dividend

Ex-dividend May 17, 2016

HK$0.015

Annual

Record May 18, 2016 · Payment May 31, 2016

Dividend

Ex-dividend May 20, 2015

HK$0.06

Annual

Record May 21, 2015 · Payment Jun 3, 2015

Dividend

Ex-dividend May 15, 2014

HK$0.195

Annual

Record May 16, 2014 · Payment May 30, 2014

1396.HK peers

ETFs holding 1396.HK

Funds reporting this stock among their holdings, ordered by reported position size.

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