GoAI
Get started
King's Stone Holdings Group Limited logo

King's Stone Holdings Group Limited

1943.HK

HKSEBasic MaterialsConstruction Materials

Open in GoAI

Latest quote

HK$1.46

−HK$0.01 · -0.68%

Aug 24, 11:03 AM HKT

1943.HK company overview

Regular session · HKT · Market data may be delayed.

Company profile

Company website

King's Stone Holdings Group Ltd. operates as an investment holding company, with its core business being the supply of various formwork solutions. The organization's activities are divided across two primary segments: Construction Services and Dealing and Broking. Its formwork products encompass both traditional methods utilizing timber and plywood, and modern system formwork crafted from aluminium and steel. The company was established on July 24, 2018, and maintains its corporate headquarters in Hong Kong.

Industry
Construction Materials
Sector
Basic Materials
Headquarters
HK
CEO
Xin He
Listed since
Jun 28, 2019
Employees
60

Market position

Day range

Current HK$1.46

52-week range

Current HK$1.46

Open
HK$1.50
Previous close
HK$1.47
Volume
1.27M
0.33× average
Average volume
3.85M
Average daily volume
Market cap
1.71B HKD
Beta
1.06
Market reference 1
50-day average
HK$0.8274
+76.46% above average
200-day average
HK$0.70
+108.59% above average

Financials

Financial snapshot

Latest / TTM

Valuation & yield

Enterprise value
647.26M HKD
P/E (TTM)
-101.39×
P/B (TTM)
11.94×
P/S (TTM)
3.08×
EV / EBITDA
-64.35×
Earnings yield
-2.19%
Free cash flow yield
0.00%
Dividend yield
0.00%

Profitability & efficiency

Gross margin
4.67%
Operating margin
-1.03%
Net margin
-2.63%
Return on equity
-12.70%
Return on assets
-2.60%
Return on invested capital
-9.23%

Financial health

Debt / equity
0.02×
Current ratio
1.25×

Financial statements

Margin trends

Profitability as a percentage of reported revenue.

Gross marginOperating marginNet margin
Gross, operating, and net margin trends18%-10%-38%-66%Gross margin, FY2021: -6.03%Gross margin, FY2022: 11.23%Gross margin, FY2023: 4.04%Gross margin, FY2024: -27.19%Gross margin, FY2025: 4.67%Operating margin, FY2021: -11.34%Operating margin, FY2022: 3.78%Operating margin, FY2023: -4.48%Operating margin, FY2024: -55.24%Operating margin, FY2025: -1.96%Net margin, FY2021: -9.95%Net margin, FY2022: 1.33%Net margin, FY2023: -7.09%Net margin, FY2024: -58.87%Net margin, FY2025: -2.63%FY2021FY2022FY2023FY2024FY2025
Gross margin FY2021 -6.03%. Gross margin FY2022 11.23%. Gross margin FY2023 4.04%. Gross margin FY2024 -27.19%. Gross margin FY2025 4.67%. Operating margin FY2021 -11.34%. Operating margin FY2022 3.78%. Operating margin FY2023 -4.48%. Operating margin FY2024 -55.24%. Operating margin FY2025 -1.96%. Net margin FY2021 -9.95%. Net margin FY2022 1.33%. Net margin FY2023 -7.09%. Net margin FY2024 -58.87%. Net margin FY2025 -2.63%.

Income trends

Revenue

556.31M HKD+220.85%

Operating income

−10.9M HKD+88.62%

Net income

−14.63M HKD+85.67%
Income trends across reported periods622.15M HKD358.8M HKD95.44M HKD−167.91M HKDRevenue, FY2021: 340.08M HKDRevenue, FY2022: 372.09M HKDRevenue, FY2023: 452.67M HKDRevenue, FY2024: 173.39M HKDRevenue, FY2025: 556.31M HKDOperating income, FY2021: −38.56M HKDOperating income, FY2022: 14.06M HKDOperating income, FY2023: −20.3M HKDOperating income, FY2024: −95.79M HKDOperating income, FY2025: −10.9M HKDNet income, FY2021: −33.84M HKDNet income, FY2022: 4.97M HKDNet income, FY2023: −32.09M HKDNet income, FY2024: −102.07M HKDNet income, FY2025: −14.63M HKDFY2021FY2022FY2023FY2024FY2025
Revenue FY2021 340.08M HKD. Revenue FY2022 372.09M HKD. Revenue FY2023 452.67M HKD. Revenue FY2024 173.39M HKD. Revenue FY2025 556.31M HKD. Operating income FY2021 −38.56M HKD. Operating income FY2022 14.06M HKD. Operating income FY2023 −20.3M HKD. Operating income FY2024 −95.79M HKD. Operating income FY2025 −10.9M HKD. Net income FY2021 −33.84M HKD. Net income FY2022 4.97M HKD. Net income FY2023 −32.09M HKD. Net income FY2024 −102.07M HKD. Net income FY2025 −14.63M HKD.
Metric (HKD)FY2025FY2024FY2023FY2022FY2021
Revenue556.31M HKD173.39M HKD452.67M HKD372.09M HKD340.08M HKD
Cost of goods sold530.35M HKD220.53M HKD434.36M HKD330.31M HKD360.58M HKD
Gross profit25.96M HKD−47.14M HKD18.3M HKD41.77M HKD−20.49M HKD
Selling, general, and administrative36.86M HKD48.83M HKD38.81M HKD27.72M HKD18.07M HKD
Operating expenses36.86M HKD48.65M HKD38.81M HKD30.18M HKD18.85M HKD
Interest income18K HKD87K HKD384K HKD100K HKD285K HKD
Interest expense146K HKD12K HKD109K HKD121K HKD163K HKD
Depreciation and amortization843K HKD2.41M HKD7.1M HKD10.38M HKD13.07M HKD
Operating income−10.9M HKD−95.79M HKD−20.3M HKD14.06M HKD−38.56M HKD
Net income−14.63M HKD−102.07M HKD−32.09M HKD4.97M HKD−33.84M HKD

Company facts updated Aug 24, 2026.

Earnings

Latest EPS result
-0.06

EPS: actual versus estimate

Recent quarterly results

ActualEstimate
Estimates unavailable
Quarterly EPS actual values compared with estimates0.060-0.05-0.1Q1 '21Q3 '21Q1 '22Q4 '22Q2 '23Q4 '23Q2 '24Q4 '24
Q1 2021, reported Mar 31, 2021: actual 0.001, estimate —, surprise —, Comparison unavailable. Q3 2021, reported Sep 30, 2021: actual -0.024, estimate —, surprise —, Comparison unavailable. Q1 2022, reported Mar 31, 2022: actual -0.01, estimate —, surprise —, Comparison unavailable. Q4 2022, reported Nov 30, 2022: actual -0.011, estimate —, surprise —, Comparison unavailable. Q2 2023, reported Jun 20, 2023: actual 0.016, estimate —, surprise —, Comparison unavailable. Q4 2023, reported Nov 24, 2023: actual -0.003, estimate —, surprise —, Comparison unavailable. Q2 2024, reported Jun 29, 2024: actual -0.034, estimate —, surprise —, Comparison unavailable. Q4 2024, reported Nov 26, 2024: actual -0.063, estimate —, surprise —, Comparison unavailable.

Revenue: actual versus estimate

Recent quarterly results

ActualEstimate
Estimates unavailable
Quarterly Revenue actual values compared with estimates282.58M218.22M153.86M89.5MQ1 '21Q3 '21Q1 '22Q4 '22Q2 '23Q4 '23Q2 '24Q4 '24
Q1 2021, reported Mar 31, 2021: actual 225.57M HKD, estimate —, surprise —, Comparison unavailable. Q3 2021, reported Sep 30, 2021: actual 191.27M HKD, estimate —, surprise —, Comparison unavailable. Q1 2022, reported Mar 31, 2022: actual 148.81M HKD, estimate —, surprise —, Comparison unavailable. Q4 2022, reported Nov 30, 2022: actual 102.82M HKD, estimate —, surprise —, Comparison unavailable. Q2 2023, reported Jun 20, 2023: actual 269.27M HKD, estimate —, surprise —, Comparison unavailable. Q4 2023, reported Nov 24, 2023: actual 254.56M HKD, estimate —, surprise —, Comparison unavailable. Q2 2024, reported Jun 29, 2024: actual 198.1M HKD, estimate —, surprise —, Comparison unavailable. Q4 2024, reported Nov 26, 2024: actual 103.3M HKD, estimate —, surprise —, Comparison unavailable.

1943.HK peers

Zijin Mining Group Co., Ltd. logo

2899.HK

Zijin Mining Group Co., Ltd.

HK$38.64

+0.21%

Zijin Gold International Company Limited logo

2259.HK

Zijin Gold International Company Limited

HK$160.9

+0.37%

CMOC Group Limited logo

3993.HK

CMOC Group Limited

HK$17.52

+3.06%

China Hongqiao Group Limited logo

1378.HK

China Hongqiao Group Limited

HK$23.38

+0.86%

Shandong Gold Mining Co., Ltd. logo

1787.HK

Shandong Gold Mining Co., Ltd.

HK$27.42

-0.22%

Aluminum Corporation of China Limited logo

2600.HK

Aluminum Corporation of China Limited

HK$8.465

+0.77%

Continue in GoAI

Research 1943.HK

research.disclaimer