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Kaisa Group Holdings Ltd. logo

Kaisa Group Holdings Ltd.

1638.HK

HKSEReal EstateReal Estate - Development

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Latest quote

HK$0.042

−HK$0.001 · -2.33%

Aug 24, 3:58 PM HKT

1638.HK company overview

Regular session · HKT · Market data may be delayed.

Company profile

Company website

Kaisa Group Holdings Ltd. functions as an investment holding company primarily dedicated to real estate development, property investment, and asset management throughout the People's Republic of China. The firm constructs a wide variety of properties, including high-end villas, multi-family residences, various commercial establishments, and corporate office complexes. Beyond its core real estate ventures, Kaisa Group has expanded its operations into diverse sectors such as hospitality, entertainment (cinemas), retail (department stores), cultural venue management, maritime passenger and cargo transport, healthcare services, property leasing, and the production and sale of pharmaceutical goods. Furthermore, it provides services in business administration and construction project management. Kaisa Group Holdings Ltd. was established in 1999 and maintains its corporate headquarters in Shenzhen, China.

Industry
Real Estate - Development
Sector
Real Estate
Headquarters
CN
CEO
Fan Mai
Listed since
Dec 9, 2009
Employees
14,286

Market position

Day range

Current HK$0.042

52-week range

Current HK$0.042

Open
HK$0.043
Previous close
HK$0.043
Volume
1.64M
0.11× average
Average volume
14.58M
Average daily volume
Market cap
479.93M HKD
Beta
0.12
Market reference 1
50-day average
HK$0.0446
-5.79% below average
200-day average
HK$0.0784
-46.44% below average

Financials

Financial snapshot

Latest / TTM

Valuation & yield

Enterprise value
48.85B CNY
P/E (TTM)
0×
P/B (TTM)
0.02×
P/S (TTM)
0.04×
EV / EBITDA
0.87×
Earnings yield
8599.71%
Free cash flow yield
125.01%
Dividend yield
0.00%

Profitability & efficiency

Gross margin
4.76%
Operating margin
-9.03%
Net margin
553.20%
Return on equity
481.37%
Return on assets
28.54%
Return on invested capital
-1.21%

Financial health

Debt / equity
4.47×
Current ratio
1.31×

Financial statements

Margin trends

Profitability as a percentage of reported revenue.

Gross marginOperating marginNet margin
Gross, operating, and net margin trends633%313%-7%-327%Gross margin, FY2021: -4.65%Gross margin, FY2022: 6.71%Gross margin, FY2023: 6.49%Gross margin, FY2024: -95.67%Gross margin, FY2025: 4.76%Operating margin, FY2021: -34.16%Operating margin, FY2022: -42.02%Operating margin, FY2023: -54.77%Operating margin, FY2024: -208.04%Operating margin, FY2025: -9.03%Net margin, FY2021: -35.80%Net margin, FY2022: -51.46%Net margin, FY2023: -76.20%Net margin, FY2024: -246.82%Net margin, FY2025: 553.20%FY2021FY2022FY2023FY2024FY2025
Gross margin FY2021 -4.65%. Gross margin FY2022 6.71%. Gross margin FY2023 6.49%. Gross margin FY2024 -95.67%. Gross margin FY2025 4.76%. Operating margin FY2021 -34.16%. Operating margin FY2022 -42.02%. Operating margin FY2023 -54.77%. Operating margin FY2024 -208.04%. Operating margin FY2025 -9.03%. Net margin FY2021 -35.80%. Net margin FY2022 -51.46%. Net margin FY2023 -76.20%. Net margin FY2024 -246.82%. Net margin FY2025 553.20%.

Income trends

Revenue

9.5B CNY-17.82%

Operating income

−857.76M CNY+96.43%

Net income

52.55B CNY+81.09B CNY
Income trends across reported periods60.66B CNY28.23B CNY−4.21B CNY−36.64B CNYRevenue, FY2021: 35.54B CNYRevenue, FY2022: 25.39B CNYRevenue, FY2023: 26.16B CNYRevenue, FY2024: 11.56B CNYRevenue, FY2025: 9.5B CNYOperating income, FY2021: −12.14B CNYOperating income, FY2022: −10.67B CNYOperating income, FY2023: −14.33B CNYOperating income, FY2024: −24.05B CNYOperating income, FY2025: −857.76M CNYNet income, FY2021: −12.73B CNYNet income, FY2022: −13.06B CNYNet income, FY2023: −19.93B CNYNet income, FY2024: −28.53B CNYNet income, FY2025: 52.55B CNYFY2021FY2022FY2023FY2024FY2025
Revenue FY2021 35.54B CNY. Revenue FY2022 25.39B CNY. Revenue FY2023 26.16B CNY. Revenue FY2024 11.56B CNY. Revenue FY2025 9.5B CNY. Operating income FY2021 −12.14B CNY. Operating income FY2022 −10.67B CNY. Operating income FY2023 −14.33B CNY. Operating income FY2024 −24.05B CNY. Operating income FY2025 −857.76M CNY. Net income FY2021 −12.73B CNY. Net income FY2022 −13.06B CNY. Net income FY2023 −19.93B CNY. Net income FY2024 −28.53B CNY. Net income FY2025 52.55B CNY.
Metric (CNY)FY2025FY2024FY2023FY2022FY2021
Revenue9.5B CNY11.56B CNY26.16B CNY25.39B CNY35.54B CNY
Cost of goods sold9.05B CNY22.62B CNY24.46B CNY23.69B CNY37.2B CNY
Gross profit451.84M CNY−11.06B CNY1.7B CNY1.7B CNY−1.65B CNY
Research and development————2.04M CNY
Selling, general, and administrative1.35B CNY1.84B CNY2.49B CNY3.19B CNY5.2B CNY
Operating expenses1.31B CNY12.99B CNY16.03B CNY12.37B CNY10.49B CNY
Interest income7.01M CNY19.36M CNY48.75M CNY286.17M CNY689.89M CNY
Interest expense2.68B CNY1.97B CNY1.79B CNY1.8B CNY1.71B CNY
Depreciation and amortization342.76M CNY335.44M CNY391.01M CNY418.9M CNY672.17M CNY
Operating income−857.76M CNY−24.05B CNY−14.33B CNY−10.67B CNY−12.14B CNY
Net income52.55B CNY−28.53B CNY−19.93B CNY−13.06B CNY−12.73B CNY

Company facts updated Aug 24, 2026.

Corporate actions

Annual dividends per share

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

HK$0.16

2021 complete year+37.3% since 2019

Corporate action history

Dividend

Ex-dividend Nov 1, 2021

HK$0.04

Quarterly

Record Nov 2, 2021 · Payment Dec 17, 2021

Dividend

Ex-dividend Jun 22, 2021

HK$0.12

Semi-Annual

Record Jun 23, 2021 · Payment Aug 6, 2021

Dividend

Ex-dividend Nov 30, 2020

HK$0.03

Semi-Annual

Record Dec 1, 2020 · Payment Dec 18, 2020

Dividend

Ex-dividend Jun 22, 2020

HK$0.0999

Semi-Annual

Record Jun 23, 2020 · Payment Aug 6, 2020

Dividend

Ex-dividend Nov 28, 2019

HK$0.03

Semi-Annual

Record Nov 29, 2019 · Payment Dec 18, 2019

Dividend

Ex-dividend Jun 19, 2019

HK$0.0899

Semi-Annual

Record Jun 20, 2019 · Payment Aug 8, 2019

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