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KWG Group Holdings Limited logo

KWG Group Holdings Limited

1813.HK

HKSEReal EstateReal Estate - Development

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Latest quote

HK$0.10

+HK$0.001 · +1.01%

Aug 24, 4:08 PM HKT

1813.HK company overview

Regular session · HKT · Market data may be delayed.

Company profile

Company website

KWG Group Holdings Limited, together with its subsidiaries, engages in the property development and investment, and hotel operation businesses in Mainland China and Hong Kong. The company's property portfolio consists of mid- to high-end residential properties, serviced apartments, villas, office buildings, hotels, and shopping malls. It is also involved in light asset operation, and investment in cultural tourism, education, and health activities. The company was formerly known as KWG Property Holding Limited and changed its name to KWG Group Holdings Limited in August 2018. KWG Group Holdings Limited was founded in 1995 and is headquartered in Guangzhou, the People’s Republic of China.

Industry
Real Estate - Development
Sector
Real Estate
Headquarters
CN
CEO
Jian Tao Kong
Listed since
Jul 3, 2007
Employees
1,600

Market position

52-week range

Current HK$0.10

Open
HK$0.10
Previous close
HK$0.099
Volume
0
0× average
Average volume
831.95K
Average daily volume
Market cap
341.89M HKD
Beta
2.1
Market reference 1
50-day average
HK$0.1069
-6.45% below average
200-day average
HK$0.1576
-36.53% below average

Financials

Financial snapshot

Latest / TTM

Valuation & yield

Enterprise value
73.5B CNY
EV / EBITDA
-24.9×
Earnings yield
-727.08%
Free cash flow yield
488.06%

Profitability & efficiency

Return on equity
-192.32%
Return on assets
-2.22%
Return on invested capital
-3.98%

Financial health

Current ratio
0.62×

Financial statements

Margin trends

Profitability as a percentage of reported revenue.

Gross marginOperating marginNet margin
Gross, operating, and net margin trends35%-21%-77%-132%Gross margin, FY2021: 21.16%Gross margin, FY2022: -15.58%Gross margin, FY2023: -16.70%Gross margin, FY2024: 17.07%Gross margin, FY2025: -21.51%Operating margin, FY2021: 4.16%Operating margin, FY2022: -46.48%Operating margin, FY2023: -50.13%Operating margin, FY2024: -21.90%Operating margin, FY2025: -48.23%Net margin, FY2021: 10.15%Net margin, FY2022: -68.69%Net margin, FY2023: -118.51%Net margin, FY2024: -73.09%Net margin, FY2025: -48.38%FY2021FY2022FY2023FY2024FY2025
Gross margin FY2021 21.16%. Gross margin FY2022 -15.58%. Gross margin FY2023 -16.70%. Gross margin FY2024 17.07%. Gross margin FY2025 -21.51%. Operating margin FY2021 4.16%. Operating margin FY2022 -46.48%. Operating margin FY2023 -50.13%. Operating margin FY2024 -21.90%. Operating margin FY2025 -48.23%. Net margin FY2021 10.15%. Net margin FY2022 -68.69%. Net margin FY2023 -118.51%. Net margin FY2024 -73.09%. Net margin FY2025 -48.38%.

Income trends

Revenue

6.76B CNY-38.87%

Operating income

−3.26B CNY-34.62%

Net income

−3.27B CNY+59.54%
Income trends across reported periods28.1B CNY11.07B CNY−5.96B CNY−22.99B CNYRevenue, FY2021: 23.84B CNYRevenue, FY2022: 13.45B CNYRevenue, FY2023: 15.81B CNYRevenue, FY2024: 11.06B CNYRevenue, FY2025: 6.76B CNYOperating income, FY2021: 992.61M CNYOperating income, FY2022: −6.25B CNYOperating income, FY2023: −7.92B CNYOperating income, FY2024: −2.42B CNYOperating income, FY2025: −3.26B CNYNet income, FY2021: 2.42B CNYNet income, FY2022: −9.24B CNYNet income, FY2023: −18.73B CNYNet income, FY2024: −8.09B CNYNet income, FY2025: −3.27B CNYFY2021FY2022FY2023FY2024FY2025
Revenue FY2021 23.84B CNY. Revenue FY2022 13.45B CNY. Revenue FY2023 15.81B CNY. Revenue FY2024 11.06B CNY. Revenue FY2025 6.76B CNY. Operating income FY2021 992.61M CNY. Operating income FY2022 −6.25B CNY. Operating income FY2023 −7.92B CNY. Operating income FY2024 −2.42B CNY. Operating income FY2025 −3.26B CNY. Net income FY2021 2.42B CNY. Net income FY2022 −9.24B CNY. Net income FY2023 −18.73B CNY. Net income FY2024 −8.09B CNY. Net income FY2025 −3.27B CNY.
Metric (CNY)FY2025FY2024FY2023FY2022FY2021
Revenue6.76B CNY11.06B CNY15.81B CNY13.45B CNY23.84B CNY
Cost of goods sold8.22B CNY9.17B CNY18.45B CNY15.55B CNY18.8B CNY
Gross profit−1.45B CNY1.89B CNY−2.64B CNY−2.1B CNY5.05B CNY
Selling, general, and administrative1.59B CNY2.03B CNY2.75B CNY3.07B CNY3.65B CNY
Operating expenses3.97B CNY4.31B CNY5.29B CNY4.16B CNY4.05B CNY
Interest income27.02M CNY28.05M CNY277.2M CNY515.94M CNY891.15M CNY
Interest expense2.71B CNY2.93B CNY2.85B CNY128.85M CNY303.03M CNY
Depreciation and amortization309.37M CNY322.07M CNY350.9M CNY384.48M CNY273.09M CNY
Operating income−3.26B CNY−2.42B CNY−7.92B CNY−6.25B CNY992.61M CNY
Net income−3.27B CNY−8.09B CNY−18.73B CNY−9.24B CNY2.42B CNY

Company facts updated Aug 24, 2026.

Earnings

EPS beat rate
11%
1 beat, 8 misses, 0 met estimates
Average EPS surprise
-4706.74%
9 comparable reports
Latest EPS result
-0.4

EPS: actual versus estimate

Recent quarterly results

ActualEstimate
Quarterly EPS actual values compared with estimates0.88-0.56-1.99-3.43Q3 '22MissQ1 '23MissQ3 '23MissQ1 '24MissQ3 '24MissQ1 '25MissQ3 '25No estimateQ1 '26No estimate
Q3 2022, reported Aug 30, 2022: actual 0.327, estimate 0.586, surprise -44.28%, Miss. Q1 2023, reported Mar 31, 2023: actual -3.14, estimate 0.294, surprise -1165.48%, Miss. Q3 2023, reported Aug 30, 2023: actual -3.13, estimate -0.043, surprise -7131.90%, Miss. Q1 2024, reported Mar 27, 2024: actual -2.87, estimate -0.066, surprise -4242.71%, Miss. Q3 2024, reported Aug 28, 2024: actual -2.58, estimate -0.011, surprise -23959.78%, Miss. Q1 2025, reported Mar 28, 2025: actual -1.24, estimate -0.021, surprise -5746.17%, Miss. Q3 2025, reported Aug 28, 2025: actual -0.657, estimate —, surprise —, Comparison unavailable. Q1 2026, reported Mar 31, 2026: actual -0.401, estimate —, surprise —, Comparison unavailable.

Revenue: actual versus estimate

Recent quarterly results

ActualEstimate
Quarterly Revenue actual values compared with estimates14.35B10.5B6.66B2.81BQ3 '22BeatQ1 '23MissQ3 '23BeatQ1 '24MissQ3 '24MissQ1 '25MissQ3 '25BeatQ1 '26No estimate
Q3 2022, reported Aug 30, 2022: actual 9.92B HKD, estimate 8.16B HKD, surprise +21.63%, Beat. Q1 2023, reported Mar 31, 2023: actual 5.64B HKD, estimate 13.53B HKD, surprise -58.32%, Miss. Q3 2023, reported Aug 30, 2023: actual 8.06B HKD, estimate 6.04B HKD, surprise +33.47%, Beat. Q1 2024, reported Mar 27, 2024: actual 9.06B HKD, estimate 12.82B HKD, surprise -29.34%, Miss. Q3 2024, reported Aug 28, 2024: actual 5.62B HKD, estimate 5.8B HKD, surprise -2.98%, Miss. Q1 2025, reported Mar 28, 2025: actual 6.15B HKD, estimate 8.61B HKD, surprise -28.55%, Miss. Q3 2025, reported Aug 28, 2025: actual 4.16B HKD, estimate 4.15B HKD, surprise +0.16%, Beat. Q1 2026, reported Mar 31, 2026: actual 3.3B HKD, estimate —, surprise —, Comparison unavailable.

Corporate actions

Annual dividends per share

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

HK$1.0909

2021 complete year+817.4% since 2017

Corporate action history

Dividend

Ex-dividend Sep 16, 2021

HK$0.446

Quarterly

Record Sep 17, 2021 · Payment Jan 28, 2022

Dividend

Ex-dividend Jun 11, 2021

HK$0.53

Special

Record Jun 15, 2021 · Payment Aug 6, 2021

Dividend

Ex-dividend Sep 10, 2020

HK$0.4563

Quarterly

Record Sep 11, 2020 · Payment Jan 15, 2021

Dividend

Ex-dividend Jun 10, 2020

HK$0.4574

Quarterly

Record Jun 11, 2020 · Payment Aug 7, 2020

Dividend

Ex-dividend Sep 12, 2019

HK$0.3542

Quarterly

Record Sep 13, 2019 · Payment Jan 16, 2020

Dividend

Ex-dividend Jun 12, 2019

HK$0.3528

Quarterly

Record Jun 13, 2019 · Payment Aug 2, 2019

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