GoAI
Get started
Thelloy Development Group Limited logo

Thelloy Development Group Limited

1546.HK

HKSEIndustrialsEngineering & Construction

Open in GoAI

Latest quote

HK$0.128

−HK$0.007 · -5.19%

Aug 24, 9:50 AM HKTData delayed

1546.HK company overview

Historical prices · Market data may be delayed.

Company profile

Company website

Operating predominantly in Hong Kong, Thelloy Development Group Limited functions as an investment holding company that specializes in construction and project management services. Its extensive service portfolio includes general building construction, alongside repair, maintenance, alteration, and addition (RMAA) works, and comprehensive design and build solutions. The group further extends its expertise to interior decoration services and engages in property investments. Thelloy serves a wide array of clients, such as governmental and quasi-governmental bodies, universities, schools, various institutions, and the incorporated owners of private buildings. Established in 2015, the company maintains its headquarters in Kowloon, Hong Kong, and operates as a subsidiary of Cheers Mate Holding Limited.

Industry
Engineering & Construction
Sector
Industrials
Headquarters
HK
CEO
Jonathan Yee Ng
Listed since
Oct 9, 2015
Employees
96

Market position

52-week range

Current HK$0.128

Open
HK$0.128
Previous close
HK$0.135
Volume
80K
0.06× average
Average volume
1.32M
Average daily volume
Market cap
102.4M HKD
Beta
0.05
Market reference 1
50-day average
HK$0.1408
-9.10% below average
200-day average
HK$0.1799
-28.86% below average

Financials

Financial snapshot

Latest / TTM

Valuation & yield

Enterprise value
328.13M HKD
P/E (TTM)
-3.06×
P/B (TTM)
1.21×
P/S (TTM)
0.22×
EV / EBITDA
-17.07×
Earnings yield
-15.50%
Free cash flow yield
-23.53%
Dividend yield
0.00%

Profitability & efficiency

Gross margin
2.48%
Operating margin
-5.74%
Net margin
-7.12%
Return on equity
-39.46%
Return on assets
-9.10%
Return on invested capital
-9.62%

Financial health

Debt / equity
1.7×
Current ratio
0.78×

Financial statements

Margin trends

Profitability as a percentage of reported revenue.

Gross marginOperating marginNet margin
Gross, operating, and net margin trends23%10%-3%-16%Gross margin, FY2021: 19.50%Gross margin, FY2022: 17.87%Gross margin, FY2023: 11.72%Gross margin, FY2024: 2.07%Gross margin, FY2025: 2.48%Operating margin, FY2021: 2.55%Operating margin, FY2022: 5.40%Operating margin, FY2023: -1.79%Operating margin, FY2024: -6.52%Operating margin, FY2025: -5.74%Net margin, FY2021: 2.09%Net margin, FY2022: 4.89%Net margin, FY2023: 3.21%Net margin, FY2024: -12.83%Net margin, FY2025: -7.12%FY2021FY2022FY2023FY2024FY2025
Gross margin FY2021 19.50%. Gross margin FY2022 17.87%. Gross margin FY2023 11.72%. Gross margin FY2024 2.07%. Gross margin FY2025 2.48%. Operating margin FY2021 2.55%. Operating margin FY2022 5.40%. Operating margin FY2023 -1.79%. Operating margin FY2024 -6.52%. Operating margin FY2025 -5.74%. Net margin FY2021 2.09%. Net margin FY2022 4.89%. Net margin FY2023 3.21%. Net margin FY2024 -12.83%. Net margin FY2025 -7.12%.

Income trends

Revenue

470.43M HKD+17.56%

Operating income

−26.98M HKD-3.45%

Net income

−33.48M HKD+34.82%
Income trends across reported periods522.6M HKD313.89M HKD105.18M HKD−103.54M HKDRevenue, FY2021: 204.34M HKDRevenue, FY2022: 259.14M HKDRevenue, FY2023: 257.99M HKDRevenue, FY2024: 400.17M HKDRevenue, FY2025: 470.43M HKDOperating income, FY2021: 5.21M HKDOperating income, FY2022: 14M HKDOperating income, FY2023: −4.61M HKDOperating income, FY2024: −26.08M HKDOperating income, FY2025: −26.98M HKDNet income, FY2021: 4.26M HKDNet income, FY2022: 12.66M HKDNet income, FY2023: 8.28M HKDNet income, FY2024: −51.36M HKDNet income, FY2025: −33.48M HKDFY2021FY2022FY2023FY2024FY2025
Revenue FY2021 204.34M HKD. Revenue FY2022 259.14M HKD. Revenue FY2023 257.99M HKD. Revenue FY2024 400.17M HKD. Revenue FY2025 470.43M HKD. Operating income FY2021 5.21M HKD. Operating income FY2022 14M HKD. Operating income FY2023 −4.61M HKD. Operating income FY2024 −26.08M HKD. Operating income FY2025 −26.98M HKD. Net income FY2021 4.26M HKD. Net income FY2022 12.66M HKD. Net income FY2023 8.28M HKD. Net income FY2024 −51.36M HKD. Net income FY2025 −33.48M HKD.
Metric (HKD)FY2025FY2024FY2023FY2022FY2021
Revenue470.43M HKD400.17M HKD257.99M HKD259.14M HKD204.34M HKD
Cost of goods sold458.75M HKD391.9M HKD227.76M HKD212.83M HKD164.5M HKD
Gross profit11.67M HKD8.27M HKD30.23M HKD46.31M HKD39.84M HKD
Selling, general, and administrative38.65M HKD34.82M HKD34.84M HKD32.31M HKD34.63M HKD
Operating expenses38.65M HKD34.35M HKD34.84M HKD30.05M HKD34.69M HKD
Interest income206K HKD111K HKD107K HKD1.08M HKD13K HKD
Interest expense7.07M HKD7.44M HKD4.51M HKD2.6M HKD477K HKD
Depreciation and amortization7.76M HKD8.09M HKD7.64M HKD7.86M HKD7.14M HKD
Operating income−26.98M HKD−26.08M HKD−4.61M HKD14M HKD5.21M HKD
Net income−33.48M HKD−51.36M HKD8.28M HKD12.66M HKD4.26M HKD

Company facts updated Aug 24, 2026.

Earnings

Latest EPS result
-0.02

EPS: actual versus estimate

Recent quarterly results

ActualEstimate
Estimates unavailable
Quarterly EPS actual values compared with estimates0.060.02-0.02-0.06Q1 '21Q3 '21Q1 '22Q4 '22Q2 '23Q4 '23Q2 '24Q4 '24
Q1 2021, reported Mar 31, 2021: actual 0.015, estimate —, surprise —, Comparison unavailable. Q3 2021, reported Sep 30, 2021: actual -0.011, estimate —, surprise —, Comparison unavailable. Q1 2022, reported Mar 31, 2022: actual 0.017, estimate —, surprise —, Comparison unavailable. Q4 2022, reported Nov 23, 2022: actual 0.003, estimate —, surprise —, Comparison unavailable. Q2 2023, reported Jun 26, 2023: actual 0.013, estimate —, surprise —, Comparison unavailable. Q4 2023, reported Nov 23, 2023: actual 0, estimate —, surprise —, Comparison unavailable. Q2 2024, reported Jun 27, 2024: actual 0.01, estimate —, surprise —, Comparison unavailable. Q4 2024, reported Nov 21, 2024: actual -0.017, estimate —, surprise —, Comparison unavailable.

Revenue: actual versus estimate

Recent quarterly results

ActualEstimate
Estimates unavailable
Quarterly Revenue actual values compared with estimates191.45M140.64M89.83M39.02MQ1 '21Q3 '21Q1 '22Q4 '22Q2 '23Q4 '23Q2 '24Q4 '24
Q1 2021, reported Mar 31, 2021: actual 45.91M HKD, estimate —, surprise —, Comparison unavailable. Q3 2021, reported Sep 30, 2021: actual 90.29M HKD, estimate —, surprise —, Comparison unavailable. Q1 2022, reported Mar 31, 2022: actual 114.05M HKD, estimate —, surprise —, Comparison unavailable. Q4 2022, reported Nov 23, 2022: actual 104.84M HKD, estimate —, surprise —, Comparison unavailable. Q2 2023, reported Jun 26, 2023: actual 154.3M HKD, estimate —, surprise —, Comparison unavailable. Q4 2023, reported Nov 23, 2023: actual 127.48M HKD, estimate —, surprise —, Comparison unavailable. Q2 2024, reported Jun 27, 2024: actual 130.51M HKD, estimate —, surprise —, Comparison unavailable. Q4 2024, reported Nov 21, 2024: actual 180.67M HKD, estimate —, surprise —, Comparison unavailable.

Corporate actions

Corporate action history

Dividend

Ex-dividend Dec 12, 2019

HK$0.01

Quarterly

Record Dec 13, 2019 · Payment Jan 7, 2020

Dividend

Ex-dividend Aug 20, 2019

HK$0.025

Special

Record Aug 21, 2019 · Payment Sep 17, 2019

Dividend

Ex-dividend Dec 11, 2018

HK$0.0125

Special

Record Dec 12, 2018 · Payment Jan 4, 2019

Dividend

Ex-dividend Aug 6, 2018

HK$0.025

Special

Record Aug 7, 2018 · Payment Sep 3, 2018

Dividend

Ex-dividend Nov 27, 2017

HK$0.02

Special

Record Nov 28, 2017 · Payment Jan 4, 2018

1546.HK peers

Contemporary Amperex Technology Co., Limited logo

3750.HK

Contemporary Amperex Technology Co., Limited

HK$636.5

-2.45%

CITIC Limited logo

0267.HK

CITIC Limited

HK$13.01

-1.36%

COSCO SHIPPING Holdings Co., Ltd. logo

1919.HK

COSCO SHIPPING Holdings Co., Ltd.

HK$17.86

-0.50%

CK Hutchison Holdings Limited logo

0001.HK

CK Hutchison Holdings Limited

HK$69.45

-1.91%

Techtronic Industries Company Limited logo

0669.HK

Techtronic Industries Company Limited

HK$141.8

-0.98%

MTR Corporation Limited logo

0066.HK

MTR Corporation Limited

HK$33.66

-0.77%

Continue in GoAI

Research 1546.HK

research.disclaimer