Gaodi Holdings Limited logo

Gaodi Holdings Limited

1676.HK

HKSEConsumer DefensivePackaged Foods

Latest quote

HK$0.211

−HK$0.002 · -0.94%

Aug 24, 11:36 AM HKT

1676.HK company overview

Regular session · HKT · Market data may be delayed.

Company profile

Company website

China Shenghai Group Limited, an investment holding entity, primarily focuses on processing and marketing seafood products, which it distributes across Mainland China, Hong Kong, and South Korea. The company's diverse product range features dried, frozen, and algae and fungi seafood, as well as seafood snacks sold under its Wofan brand. Beyond these offerings, it also engages in the procurement and sale of fast-moving consumer goods, cosmetics, fashion apparel, and accessories. Its extensive sales network reaches supermarkets, trading companies, convenience stores, and alternative channels such as food manufacturers, gift retailers, and e-commerce platforms. Founded in Xiamen, China, in 2005, the company officially changed its name to China Shenghai Group Limited in July 2020, having previously been known as China Shenghai Food Holdings Company Limited.

Industry
Packaged Foods
Sector
Consumer Defensive
Headquarters
CN
CEO
Wana Wang
Listed since
Jul 19, 2017
Employees
212

Market position

Day range

Current HK$0.211

52-week range

Current HK$0.211

Open
HK$0.205
Previous close
HK$0.213
Volume
4.25M
0.66× average
Average volume
6.43M
Average daily volume
Market cap
41.19M HKD
Beta
-0.66
Market reference 1
50-day average
HK$0.2145
-1.62% below average
200-day average
HK$0.3314
-36.33% below average

Financials

Financial snapshot

Latest / TTM

Valuation & yield

P/E (TTM)
-0.32×
P/B (TTM)
0.43×
P/S (TTM)
0.07×
Dividend yield
0.00%

Profitability & efficiency

Gross margin
13.57%
Operating margin
-20.03%
Net margin
-21.72%

Financial health

Debt / equity
0.49×

Financial statements

Margin trends

Profitability as a percentage of reported revenue.

Gross marginOperating marginNet margin
Gross, operating, and net margin trends26%-24%-75%-125%Gross margin, FY2021: 7.67%Gross margin, FY2022: 3.00%Gross margin, FY2023: 3.36%Gross margin, FY2024: 11.75%Gross margin, FY2025: 13.55%Operating margin, FY2021: -99.17%Operating margin, FY2022: -26.62%Operating margin, FY2023: -22.80%Operating margin, FY2024: -21.41%Operating margin, FY2025: -20.30%Net margin, FY2021: -112.65%Net margin, FY2022: -28.39%Net margin, FY2023: -22.52%Net margin, FY2024: -22.91%Net margin, FY2025: -21.70%FY2021FY2022FY2023FY2024FY2025
Gross margin FY2021 7.67%. Gross margin FY2022 3.00%. Gross margin FY2023 3.36%. Gross margin FY2024 11.75%. Gross margin FY2025 13.55%. Operating margin FY2021 -99.17%. Operating margin FY2022 -26.62%. Operating margin FY2023 -22.80%. Operating margin FY2024 -21.41%. Operating margin FY2025 -20.30%. Net margin FY2021 -112.65%. Net margin FY2022 -28.39%. Net margin FY2023 -22.52%. Net margin FY2024 -22.91%. Net margin FY2025 -21.70%.

Income trends

Revenue

492.05M HKD+14.78%

Operating income

−99.88M HKD-8.83%

Net income

−106.76M HKD-8.70%
Income trends across reported periods551.93M HKD312.41M HKD72.88M HKD−166.64M HKDRevenue, FY2021: 86.51M HKDRevenue, FY2022: 353.47M HKDRevenue, FY2023: 354.86M HKDRevenue, FY2024: 428.7M HKDRevenue, FY2025: 492.05M HKDOperating income, FY2021: −85.79M HKDOperating income, FY2022: −94.08M HKDOperating income, FY2023: −80.93M HKDOperating income, FY2024: −91.77M HKDOperating income, FY2025: −99.88M HKDNet income, FY2021: −97.45M HKDNet income, FY2022: −100.34M HKDNet income, FY2023: −79.93M HKDNet income, FY2024: −98.21M HKDNet income, FY2025: −106.76M HKDFY2021FY2022FY2023FY2024FY2025
Revenue FY2021 86.51M HKD. Revenue FY2022 353.47M HKD. Revenue FY2023 354.86M HKD. Revenue FY2024 428.7M HKD. Revenue FY2025 492.05M HKD. Operating income FY2021 −85.79M HKD. Operating income FY2022 −94.08M HKD. Operating income FY2023 −80.93M HKD. Operating income FY2024 −91.77M HKD. Operating income FY2025 −99.88M HKD. Net income FY2021 −97.45M HKD. Net income FY2022 −100.34M HKD. Net income FY2023 −79.93M HKD. Net income FY2024 −98.21M HKD. Net income FY2025 −106.76M HKD.
Metric (HKD)FY2025FY2024FY2023FY2022FY2021
Revenue492.05M HKD428.7M HKD354.86M HKD353.47M HKD86.51M HKD
Cost of goods sold425.4M HKD378.32M HKD342.94M HKD342.86M HKD79.87M HKD
Gross profit66.65M HKD50.38M HKD11.93M HKD10.61M HKD6.63M HKD
Research and development441.17K HKD807K HKD790K HKD652K HKD
Selling, general, and administrative166.53M HKD141.2M HKD92.65M HKD91.25M HKD67.13M HKD
Operating expenses166.53M HKD142.15M HKD93.46M HKD92.04M HKD92.43M HKD
Interest income36.44K HKD106.68K HKD1.16M HKD655K HKD
Interest expense2.78M HKD2.84M HKD1.75M HKD1.56M HKD
Depreciation and amortization11.12M HKD8.66M HKD1.5M HKD7.57M HKD17.47M HKD
Operating income−99.88M HKD−91.77M HKD−80.93M HKD−94.08M HKD−85.79M HKD
Net income−106.76M HKD−98.21M HKD−79.93M HKD−100.34M HKD−97.45M HKD

Company facts updated Aug 24, 2026.

Earnings

Latest EPS result
-0.31

EPS: actual versus estimate

Recent quarterly results

ActualEstimate
Estimates unavailable
Quarterly EPS actual values compared with estimates-0.17-0.4-0.62-0.84Q4 '20Q2 '21Q4 '21Q2 '22Q1 '23Q3 '23Q1 '24Q2 '24
Q4 2020, reported Dec 31, 2020: actual -0.205, estimate —, surprise —, Comparison unavailable. Q2 2021, reported Jun 30, 2021: actual -0.377, estimate —, surprise —, Comparison unavailable. Q4 2021, reported Dec 31, 2021: actual -0.793, estimate —, surprise —, Comparison unavailable. Q2 2022, reported Jun 30, 2022: actual -0.417, estimate —, surprise —, Comparison unavailable. Q1 2023, reported Feb 28, 2023: actual -0.6, estimate —, surprise —, Comparison unavailable. Q3 2023, reported Sep 30, 2023: actual -0.376, estimate —, surprise —, Comparison unavailable. Q1 2024, reported Feb 29, 2024: actual -0.343, estimate —, surprise —, Comparison unavailable. Q2 2024, reported Jun 30, 2024: actual -0.312, estimate —, surprise —, Comparison unavailable.

Revenue: actual versus estimate

Recent quarterly results

ActualEstimate
Estimates unavailable
Quarterly Revenue actual values compared with estimates275.55M195.39M115.24M35.09MQ4 '20Q2 '21Q4 '21Q2 '22Q1 '23Q3 '23Q1 '24Q2 '24
Q4 2020, reported Dec 31, 2020: actual 111.53M HKD, estimate —, surprise —, Comparison unavailable. Q2 2021, reported Jun 30, 2021: actual 63.39M HKD, estimate —, surprise —, Comparison unavailable. Q4 2021, reported Dec 31, 2021: actual 41.28M HKD, estimate —, surprise —, Comparison unavailable. Q2 2022, reported Jun 30, 2022: actual 142.51M HKD, estimate —, surprise —, Comparison unavailable. Q1 2023, reported Feb 28, 2023: actual 258.19M HKD, estimate —, surprise —, Comparison unavailable. Q3 2023, reported Sep 30, 2023: actual 175.92M HKD, estimate —, surprise —, Comparison unavailable. Q1 2024, reported Feb 29, 2024: actual 216.84M HKD, estimate —, surprise —, Comparison unavailable. Q2 2024, reported Jun 30, 2024: actual 170.69M HKD, estimate —, surprise —, Comparison unavailable.

1676.HK peers

Continue in GoAI

Research 1676.HK

research.disclaimer