AP Rentals Holdings Limited logo

AP Rentals Holdings Limited

1496.HK

HKSEIndustrialsRental & Leasing Services

Latest quote

HK$0.173

−HK$0.005 · -2.81%

Aug 25, 2:52 PM HKT

1496.HK company overview

Historical prices · Market data may be delayed.

Company profile

Company website

AP Rentals Holdings Limited operates as an investment holding company, primarily focusing on the rental of diverse equipment for the construction, electrical and mechanical (E&M) engineering, and event and entertainment industries. Its geographical reach extends across Hong Kong, Macau, Singapore, and the People's Republic of China, with operations organized into Leasing and Trading divisions. Beyond mere equipment provision, the company delivers a full spectrum of support services. These encompass professional equipment planning consultation, convenient outdoor service, and dedicated service stations. Furthermore, AP Rentals manages transportation logistics, precise installation, operational oversight, refueling, ongoing maintenance, and efficient disassembly, complemented by various other technical support and value-added offerings. The extensive inventory of rental equipment includes essential power and energy solutions, high-reach platforms, and material handling machinery. It also features specialized lifting, earthmoving, foundation, road and transportation, tunneling, demolition, and dewatering equipment. In addition to its core rental activities, the company is engaged in the sale and trading of machinery and related parts. This trading segment is supported by services such as repair, maintenance, installation, and delivery. Established in 2004 and headquartered in Tsim Sha Tsui, Hong Kong, AP Rentals Holdings Limited caters to clients predominantly within the construction, E&M engineering, and event and entertainment sectors.

Industry
Rental & Leasing Services
Sector
Industrials
Headquarters
HK
CEO
Pong Sing Lau
Listed since
Apr 8, 2016
Employees
123

Market position

52-week range

Current HK$0.173

Open
HK$0.173
Previous close
HK$0.178
Volume
40K
0.31× average
Average volume
129.87K
Average daily volume
Market cap
149.47M HKD
Beta
-0.02
Market reference 1
50-day average
HK$0.1637
+5.68% above average
200-day average
HK$0.1667
+3.80% above average

Financials

Financial snapshot

Latest / TTM

Valuation & yield

Enterprise value
79.68M HKD
P/E (TTM)
13.95×
P/B (TTM)
0.63×
P/S (TTM)
1.03×
EV / EBITDA
1.75×
Earnings yield
7.06%
Free cash flow yield
11.02%
Dividend yield
5.38%

Profitability & efficiency

Gross margin
30.37%
Operating margin
3.18%
Net margin
7.37%
Return on equity
4.50%
Return on assets
3.22%
Return on invested capital
1.25%

Financial health

Debt / equity
0.17×
Current ratio
2.57×

Financial statements

Margin trends

Profitability as a percentage of reported revenue.

Gross marginOperating marginNet margin
Gross, operating, and net margin trends35%18%1%-16%Gross margin, FY2021: 15.28%Gross margin, FY2022: 28.04%Gross margin, FY2023: 29.90%Gross margin, FY2024: 28.99%Gross margin, FY2025: 30.37%Operating margin, FY2021: -12.22%Operating margin, FY2022: 1.71%Operating margin, FY2023: 7.28%Operating margin, FY2024: 3.29%Operating margin, FY2025: 3.18%Net margin, FY2021: -3.30%Net margin, FY2022: 7.96%Net margin, FY2023: 5.95%Net margin, FY2024: 7.59%Net margin, FY2025: 7.37%FY2021FY2022FY2023FY2024FY2025
Gross margin FY2021 15.28%. Gross margin FY2022 28.04%. Gross margin FY2023 29.90%. Gross margin FY2024 28.99%. Gross margin FY2025 30.37%. Operating margin FY2021 -12.22%. Operating margin FY2022 1.71%. Operating margin FY2023 7.28%. Operating margin FY2024 3.29%. Operating margin FY2025 3.18%. Net margin FY2021 -3.30%. Net margin FY2022 7.96%. Net margin FY2023 5.95%. Net margin FY2024 7.59%. Net margin FY2025 7.37%.

Income trends

Revenue

144.81M HKD-9.62%

Operating income

4.61M HKD-12.57%

Net income

10.68M HKD-12.17%
Income trends across reported periods193.12M HKD116.91M HKD40.69M HKD−35.52M HKDRevenue, FY2021: 134.8M HKDRevenue, FY2022: 160.55M HKDRevenue, FY2023: 174.07M HKDRevenue, FY2024: 160.22M HKDRevenue, FY2025: 144.81M HKDOperating income, FY2021: −16.47M HKDOperating income, FY2022: 2.75M HKDOperating income, FY2023: 12.67M HKDOperating income, FY2024: 5.27M HKDOperating income, FY2025: 4.61M HKDNet income, FY2021: −4.46M HKDNet income, FY2022: 12.78M HKDNet income, FY2023: 10.36M HKDNet income, FY2024: 12.16M HKDNet income, FY2025: 10.68M HKDFY2021FY2022FY2023FY2024FY2025
Revenue FY2021 134.8M HKD. Revenue FY2022 160.55M HKD. Revenue FY2023 174.07M HKD. Revenue FY2024 160.22M HKD. Revenue FY2025 144.81M HKD. Operating income FY2021 −16.47M HKD. Operating income FY2022 2.75M HKD. Operating income FY2023 12.67M HKD. Operating income FY2024 5.27M HKD. Operating income FY2025 4.61M HKD. Net income FY2021 −4.46M HKD. Net income FY2022 12.78M HKD. Net income FY2023 10.36M HKD. Net income FY2024 12.16M HKD. Net income FY2025 10.68M HKD.
Metric (HKD)FY2025FY2024FY2023FY2022FY2021
Revenue144.81M HKD160.22M HKD174.07M HKD160.55M HKD134.8M HKD
Cost of goods sold100.84M HKD113.77M HKD122.03M HKD115.53M HKD114.21M HKD
Gross profit43.98M HKD46.45M HKD52.04M HKD45.02M HKD20.59M HKD
Selling, general, and administrative39.37M HKD41.33M HKD41.05M HKD38.32M HKD34.81M HKD
Operating expenses39.37M HKD41.18M HKD39.38M HKD42.27M HKD37.06M HKD
Interest income2.37M HKD2.87M HKD2.65M HKD585K HKD136K HKD
Interest expense1.84M HKD1.89M HKD1.66M HKD1.55M HKD1.19M HKD
Depreciation and amortization41.04M HKD47.51M HKD48.75M HKD55.58M HKD58.42M HKD
Operating income4.61M HKD5.27M HKD12.67M HKD2.75M HKD−16.47M HKD
Net income10.68M HKD12.16M HKD10.36M HKD12.78M HKD−4.46M HKD

Company facts updated Aug 25, 2026.

Corporate actions

Annual dividends per share

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

HK$0.0093

2025 complete year-3.1% since 2017

Corporate action history

DividendUpcoming

Ex-dividend Aug 28, 2026

HK$0.0062

Semi-Annual

Record Sep 1, 2026 · Payment Sep 14, 2026

Dividend

Ex-dividend Dec 9, 2025

HK$0.0023

Semi-Annual

Record Dec 11, 2025 · Payment Dec 24, 2025

Dividend

Ex-dividend Sep 1, 2025

HK$0.007

Semi-Annual

Record Sep 3, 2025 · Payment Sep 16, 2025

Dividend

Ex-dividend Dec 5, 2024

HK$0.0016

Semi-Annual

Record Dec 9, 2024 · Payment Dec 20, 2024

Dividend

Ex-dividend Aug 30, 2024

HK$0.006

Semi-Annual

Record Sep 2, 2024 · Payment Sep 16, 2024

Dividend

Ex-dividend Aug 25, 2023

HK$0.0065

Annual

Record Aug 29, 2023 · Payment Sep 11, 2023

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