GoAI
Get started
Casablanca Group Limited logo

Casablanca Group Limited

2223.HK

HKSEConsumer CyclicalFurnishings, Fixtures & Appliances

Open in GoAI

Latest quote

HK$0.50

HK$0.00 · 0.00%

Aug 19, 4:08 PM HKT

2223.HK company overview

Regular session · HKT · Market data may be delayed.

Company profile

Company website

Casablanca Group Limited operates as an investment holding entity, primarily focusing on the design, manufacturing, and extensive retail distribution of bedding products. Its market presence spans Hong Kong, Macau, mainland China, and other international territories. The company's product line features bed sheets, duvets, and pillows, alongside a selection of other household textiles and decor, including blankets, mattresses, and towels. These items are sold under its proprietary brands: Casa Calvin, Casablanca, and CASA-V. Additionally, the group is involved in the trading of various home accessories and furniture. Founded in 1993, the company maintains its headquarters in Sha Tin, Hong Kong, and operates as a subsidiary of World Empire Investment Inc.

Industry
Furnishings, Fixtures & Appliances
Sector
Consumer Cyclical
Headquarters
HK
CEO
Sze Tsan Cheng
Listed since
Nov 23, 2012
Employees
475

Market position

52-week range

Current HK$0.50

Open
HK$0.50
Previous close
HK$0.50
Volume
10K
0.08× average
Average volume
122.31K
Average daily volume
Market cap
128.93M HKD
Beta
-0.17
Market reference 1
50-day average
HK$0.6876
-27.28% below average
200-day average
HK$0.7999
-37.49% below average

Financials

Financial snapshot

Latest / TTM

Valuation & yield

Enterprise value
98.44M HKD
P/E (TTM)
-10.55×
P/B (TTM)
0.36×
P/S (TTM)
0.55×
EV / EBITDA
-21.95×
Earnings yield
-6.32%
Free cash flow yield
6.39%
Dividend yield
0.00%

Profitability & efficiency

Gross margin
67.07%
Operating margin
-7.11%
Net margin
-5.18%
Return on equity
-3.37%
Return on assets
-2.82%
Return on invested capital
-4.18%

Financial health

Debt / equity
0.11×
Current ratio
3.64×

Financial statements

Margin trends

Profitability as a percentage of reported revenue.

Gross marginOperating marginNet margin
Gross, operating, and net margin trends75%45%15%-15%Gross margin, FY2021: 61.29%Gross margin, FY2022: 62.23%Gross margin, FY2023: 67.63%Gross margin, FY2024: 66.56%Gross margin, FY2025: 67.07%Operating margin, FY2021: 4.48%Operating margin, FY2022: 1.46%Operating margin, FY2023: -2.86%Operating margin, FY2024: -6.93%Operating margin, FY2025: -7.11%Net margin, FY2021: 3.73%Net margin, FY2022: 1.79%Net margin, FY2023: -1.63%Net margin, FY2024: -3.96%Net margin, FY2025: -5.18%FY2021FY2022FY2023FY2024FY2025
Gross margin FY2021 61.29%. Gross margin FY2022 62.23%. Gross margin FY2023 67.63%. Gross margin FY2024 66.56%. Gross margin FY2025 67.07%. Operating margin FY2021 4.48%. Operating margin FY2022 1.46%. Operating margin FY2023 -2.86%. Operating margin FY2024 -6.93%. Operating margin FY2025 -7.11%. Net margin FY2021 3.73%. Net margin FY2022 1.79%. Net margin FY2023 -1.63%. Net margin FY2024 -3.96%. Net margin FY2025 -5.18%.

Income trends

Revenue

236.31M HKD-4.35%

Operating income

−16.8M HKD+1.88%

Net income

−12.23M HKD-24.97%
Income trends across reported periods354.15M HKD219.15M HKD84.14M HKD−50.87M HKDRevenue, FY2021: 320.4M HKDRevenue, FY2022: 300.16M HKDRevenue, FY2023: 284.1M HKDRevenue, FY2024: 247.06M HKDRevenue, FY2025: 236.31M HKDOperating income, FY2021: 14.35M HKDOperating income, FY2022: 4.4M HKDOperating income, FY2023: −8.11M HKDOperating income, FY2024: −17.12M HKDOperating income, FY2025: −16.8M HKDNet income, FY2021: 11.94M HKDNet income, FY2022: 5.38M HKDNet income, FY2023: −4.64M HKDNet income, FY2024: −9.79M HKDNet income, FY2025: −12.23M HKDFY2021FY2022FY2023FY2024FY2025
Revenue FY2021 320.4M HKD. Revenue FY2022 300.16M HKD. Revenue FY2023 284.1M HKD. Revenue FY2024 247.06M HKD. Revenue FY2025 236.31M HKD. Operating income FY2021 14.35M HKD. Operating income FY2022 4.4M HKD. Operating income FY2023 −8.11M HKD. Operating income FY2024 −17.12M HKD. Operating income FY2025 −16.8M HKD. Net income FY2021 11.94M HKD. Net income FY2022 5.38M HKD. Net income FY2023 −4.64M HKD. Net income FY2024 −9.79M HKD. Net income FY2025 −12.23M HKD.
Metric (HKD)FY2025FY2024FY2023FY2022FY2021
Revenue236.31M HKD247.06M HKD284.1M HKD300.16M HKD320.4M HKD
Cost of goods sold77.81M HKD82.62M HKD91.95M HKD113.39M HKD124.03M HKD
Gross profit158.5M HKD164.44M HKD192.15M HKD186.78M HKD196.37M HKD
Selling, general, and administrative175.29M HKD181.55M HKD200.26M HKD182M HKD182.07M HKD
Operating expenses175.29M HKD181.55M HKD200.26M HKD182M HKD182.02M HKD
Interest income1.41M HKD1.65M HKD1.31M HKD694K HKD360K HKD
Interest expense1.51M HKD1.84M HKD1.15M HKD1.18M HKD902K HKD
Depreciation and amortization12.31M HKD28.07M HKD25.9M HKD25.76M HKD26.81M HKD
Operating income−16.8M HKD−17.12M HKD−8.11M HKD4.4M HKD14.35M HKD
Net income−12.23M HKD−9.79M HKD−4.64M HKD5.38M HKD11.94M HKD

Company facts updated Aug 24, 2026.

Earnings

Latest fiscal-year EPS
-0.047
FY2025
Latest fiscal-year revenue
236.31M HKD
FY2025 · -4.35% year over year

Annual EPS trend

Reported history and fiscal-year consensus

ReportedConsensus forecast
Annual EPS trend0.060.02-0.02-0.06FY21FY22FY23FY24FY25

Annual revenue trend

Reported history and fiscal-year consensus

ReportedConsensus forecast
Annual revenue trend328.81M295.17M261.54M227.9MFY21FY22FY23FY24FY25

2223.HK peers

Alibaba Group Holding Limited logo

9988.HK

Alibaba Group Holding Limited

HK$111

-9.76%

Alibaba Group Holding Limited logo

89988.HK

Alibaba Group Holding Limited

CN¥95.20

-9.76%

Fast Retailing Co., Ltd. logo

6288.HK

Fast Retailing Co., Ltd.

HK$38.30

+2.96%

BYD Company Limited Class H logo

81211.HK

BYD Company Limited Class H

CN¥78.80

-1.50%

BYD Company Limited logo

1211.HK

BYD Company Limited

HK$91.90

-1.34%

Midea Group logo

0300.HK

Midea Group

HK$97.25

+0.36%

Continue in GoAI

Research 2223.HK

research.disclaimer