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Man King Holdings Limited logo

Man King Holdings Limited

2193.HK

HKSEIndustrialsEngineering & Construction

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Latest quote

HK$0.39

HK$0.00 · 0.00%

Aug 18, 4:08 PM HKT

2193.HK company overview

Regular session · HKT · Market data may be delayed.

Company profile

Company website

Man King Holdings Limited, an investment holding entity, specializes in offering construction and civil engineering services within Hong Kong to both public and private sectors. Its project portfolio is extensive, covering areas such as road and bridge construction, drainage and sewage systems, port development, site preparation, public filling management, environmental works, water projects, electrical and mechanical installations, and general building construction. Founded in 1995, the firm maintains its headquarters in Kowloon, Hong Kong, and is a subsidiary of Jade Vantage Holdings Limited.

Industry
Engineering & Construction
Sector
Industrials
Headquarters
HK
CEO
Yuen Cheong Lo
Listed since
Jul 3, 2015
Employees
138

Market position

Day range

Current HK$0.39

52-week range

Current HK$0.39

Open
HK$0.39
Previous close
HK$0.39
Volume
8K
0.07× average
Average volume
106.71K
Average daily volume
Market cap
163.64M HKD
Beta
0.58
Market reference 1
50-day average
HK$0.3402
+14.62% above average
200-day average
HK$0.2958
+31.86% above average

Financials

Financial snapshot

Latest / TTM

Valuation & yield

Enterprise value
-44.28M HKD
P/E (TTM)
20.53×
P/B (TTM)
0.64×
P/S (TTM)
0.44×
EV / EBITDA
3.5×
Earnings yield
6.66%
Free cash flow yield
52.07%
Dividend yield
0.00%

Profitability & efficiency

Gross margin
1.48%
Operating margin
-5.71%
Net margin
2.13%
Return on equity
3.07%
Return on assets
2.10%
Return on invested capital
-7.96%

Financial health

Debt / equity
0.03×
Current ratio
2.47×
Altman Z-score
3.46
Piotroski F-score
5 of 9

Financial statements

Margin trends

Profitability as a percentage of reported revenue.

Gross marginOperating marginNet margin
Gross, operating, and net margin trends18%7%-5%-16%Gross margin, FY2021: 12.59%Gross margin, FY2022: 15.38%Gross margin, FY2023: -7.87%Gross margin, FY2024: -3.36%Gross margin, FY2025: 1.48%Operating margin, FY2021: 6.04%Operating margin, FY2022: 7.87%Operating margin, FY2023: -13.08%Operating margin, FY2024: -12.22%Operating margin, FY2025: -5.71%Net margin, FY2021: 9.05%Net margin, FY2022: 9.31%Net margin, FY2023: -6.72%Net margin, FY2024: -6.29%Net margin, FY2025: 2.13%FY2021FY2022FY2023FY2024FY2025
Gross margin FY2021 12.59%. Gross margin FY2022 15.38%. Gross margin FY2023 -7.87%. Gross margin FY2024 -3.36%. Gross margin FY2025 1.48%. Operating margin FY2021 6.04%. Operating margin FY2022 7.87%. Operating margin FY2023 -13.08%. Operating margin FY2024 -12.22%. Operating margin FY2025 -5.71%. Net margin FY2021 9.05%. Net margin FY2022 9.31%. Net margin FY2023 -6.72%. Net margin FY2024 -6.29%. Net margin FY2025 2.13%.

Income trends

Revenue

373.36M HKD+11.22%

Operating income

−21.32M HKD+48.03%

Net income

7.97M HKD+29.09M HKD
Income trends across reported periods502.49M HKD303.67M HKD104.85M HKD−93.97M HKDRevenue, FY2021: 408.2M HKDRevenue, FY2022: 452.78M HKDRevenue, FY2023: 338.49M HKDRevenue, FY2024: 335.7M HKDRevenue, FY2025: 373.36M HKDOperating income, FY2021: 24.64M HKDOperating income, FY2022: 35.64M HKDOperating income, FY2023: −44.27M HKDOperating income, FY2024: −41.03M HKDOperating income, FY2025: −21.32M HKDNet income, FY2021: 36.92M HKDNet income, FY2022: 42.14M HKDNet income, FY2023: −22.74M HKDNet income, FY2024: −21.13M HKDNet income, FY2025: 7.97M HKDFY2021FY2022FY2023FY2024FY2025
Revenue FY2021 408.2M HKD. Revenue FY2022 452.78M HKD. Revenue FY2023 338.49M HKD. Revenue FY2024 335.7M HKD. Revenue FY2025 373.36M HKD. Operating income FY2021 24.64M HKD. Operating income FY2022 35.64M HKD. Operating income FY2023 −44.27M HKD. Operating income FY2024 −41.03M HKD. Operating income FY2025 −21.32M HKD. Net income FY2021 36.92M HKD. Net income FY2022 42.14M HKD. Net income FY2023 −22.74M HKD. Net income FY2024 −21.13M HKD. Net income FY2025 7.97M HKD.
Metric (HKD)FY2025FY2024FY2023FY2022FY2021
Revenue373.36M HKD335.7M HKD338.49M HKD452.78M HKD408.2M HKD
Cost of goods sold367.85M HKD346.97M HKD365.13M HKD383.16M HKD356.79M HKD
Gross profit5.52M HKD−11.26M HKD−26.65M HKD69.62M HKD51.41M HKD
Selling, general, and administrative26.84M HKD26.37M HKD26.65M HKD33.99M HKD26.77M HKD
Operating expenses26.84M HKD29.77M HKD17.62M HKD33.99M HKD26.77M HKD
Interest income4.52M HKD5.7M HKD6.57M HKD1.68M HKD29K HKD
Interest expense351K HKD418K HKD356K HKD413K HKD221K HKD
Depreciation and amortization8.68M HKD10.01M HKD9.74M HKD10.86M HKD8.03M HKD
Operating income−21.32M HKD−41.03M HKD−44.27M HKD35.64M HKD24.64M HKD
Net income7.97M HKD−21.13M HKD−22.74M HKD42.14M HKD36.92M 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 estimates0.110.04-0.04-0.11Q1 '21Q3 '21Q1 '22Q4 '22Q2 '23Q4 '23Q2 '24Q4 '24
Q1 2021, reported Mar 31, 2021: actual 0.028, estimate —, surprise —, Comparison unavailable. Q3 2021, reported Sep 30, 2021: actual 0.059, estimate —, surprise —, Comparison unavailable. Q1 2022, reported Mar 31, 2022: actual 0.029, estimate —, surprise —, Comparison unavailable. Q4 2022, reported Nov 29, 2022: actual 0.073, estimate —, surprise —, Comparison unavailable. Q2 2023, reported Jun 29, 2023: actual 0.028, estimate —, surprise —, Comparison unavailable. Q4 2023, reported Nov 29, 2023: actual 0.016, estimate —, surprise —, Comparison unavailable. Q2 2024, reported Jun 27, 2024: actual -0.07, estimate —, surprise —, Comparison unavailable. Q4 2024, reported Nov 28, 2024: actual 0.016, estimate —, surprise —, Comparison unavailable.

Revenue: actual versus estimate

Recent quarterly results

ActualEstimate
Estimates unavailable
Quarterly Revenue actual values compared with estimates243.42M211.37M179.32M147.27MQ1 '21Q3 '21Q1 '22Q4 '22Q2 '23Q4 '23Q2 '24Q4 '24
Q1 2021, reported Mar 31, 2021: actual 156.63M HKD, estimate —, surprise —, Comparison unavailable. Q3 2021, reported Sep 30, 2021: actual 182.32M HKD, estimate —, surprise —, Comparison unavailable. Q1 2022, reported Mar 31, 2022: actual 225.88M HKD, estimate —, surprise —, Comparison unavailable. Q4 2022, reported Nov 29, 2022: actual 234.06M HKD, estimate —, surprise —, Comparison unavailable. Q2 2023, reported Jun 29, 2023: actual 218.72M HKD, estimate —, surprise —, Comparison unavailable. Q4 2023, reported Nov 29, 2023: actual 178.66M HKD, estimate —, surprise —, Comparison unavailable. Q2 2024, reported Jun 27, 2024: actual 159.82M HKD, estimate —, surprise —, Comparison unavailable. Q4 2024, reported Nov 28, 2024: actual 186.66M HKD, estimate —, surprise —, Comparison unavailable.

Corporate actions

Annual dividends per share

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

HK$0.035

2023 complete year0.0% since 2018

Corporate action history

Dividend

Ex-dividend Sep 6, 2023

HK$0.035

Annual

Record Sep 7, 2023 · Payment Sep 21, 2023

Dividend

Ex-dividend Sep 7, 2022

HK$0.035

Annual

Record Sep 8, 2022 · Payment Sep 23, 2022

Dividend

Ex-dividend Sep 1, 2021

HK$0.03

Annual

Record Sep 2, 2021 · Payment Sep 17, 2021

Dividend

Ex-dividend Sep 12, 2018

HK$0.035

Annual

Record Sep 13, 2018 · Payment Sep 28, 2018

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