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JY Grandmark Holdings Limited logo

JY Grandmark Holdings Limited

2231.HK

HKSEReal EstateReal Estate - Development

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Latest quote

HK$0.014

−HK$0.001 · -6.67%

Aug 24, 2:54 PM HKTData delayed

2231.HK company overview

Regular session · HKT · Market data may be delayed.

Company profile

Company website

Headquartered in Guangzhou, People's Republic of China, JY Grandmark Holdings Limited is an investment holding company primarily focused on real estate development throughout the country. Established in 2013, its diverse operations span four key areas: residential property development and sales, investment in commercial real estate, hotel management, and various property services. The company is actively involved in constructing new residential projects, owning and operating commercial properties, and managing hotels under brands such as Just Stay Hotel and Just Stay Resort. Furthermore, JY Grandmark provides property and health management solutions, and participates in building decoration and general construction development. The company functions as a subsidiary of IQ EQ (BVI) Limited.

Industry
Real Estate - Development
Sector
Real Estate
Headquarters
CN
CEO
Wei Hong Zheng
Listed since
Dec 5, 2019
Employees
437

Market position

Day range

Current HK$0.014

52-week range

Current HK$0.014

Open
HK$0.015
Previous close
HK$0.015
Volume
79.12M
7.97× average
Average volume
9.93M
Average daily volume
Market cap
23.05M HKD
Beta
-0.25
Market reference 1
50-day average
HK$0.0142
-1.41% below average
200-day average
HK$0.0557
-74.85% below average

Financials

Financial snapshot

Latest / TTM

Valuation & yield

Enterprise value
3.58B CNY
P/E (TTM)
-0.05×
P/B (TTM)
-0.03×
P/S (TTM)
0.04×
EV / EBITDA
-11.13×
Earnings yield
-312.74%
Free cash flow yield
16.07%
Dividend yield
0.00%

Profitability & efficiency

Gross margin
-35.78%
Operating margin
-64.60%
Net margin
-73.13%
Return on equity
61.17%
Return on assets
-6.58%
Return on invested capital
-8.01%

Financial health

Debt / equity
-5.26×
Current ratio
1.09×

Financial statements

Margin trends

Profitability as a percentage of reported revenue.

Gross marginOperating marginNet margin
Gross, operating, and net margin trends70%-96%-261%-426%Gross margin, FY2021: 28.55%Gross margin, FY2022: 14.34%Gross margin, FY2023: -315.52%Gross margin, FY2024: 14.61%Gross margin, FY2025: -22.61%Operating margin, FY2021: 16.63%Operating margin, FY2022: -197.49%Operating margin, FY2023: -385.13%Operating margin, FY2024: -0.69%Operating margin, FY2025: -64.60%Net margin, FY2021: 10.59%Net margin, FY2022: -140.63%Net margin, FY2023: -357.46%Net margin, FY2024: -10.04%Net margin, FY2025: -73.13%FY2021FY2022FY2023FY2024FY2025
Gross margin FY2021 28.55%. Gross margin FY2022 14.34%. Gross margin FY2023 -315.52%. Gross margin FY2024 14.61%. Gross margin FY2025 -22.61%. Operating margin FY2021 16.63%. Operating margin FY2022 -197.49%. Operating margin FY2023 -385.13%. Operating margin FY2024 -0.69%. Operating margin FY2025 -64.60%. Net margin FY2021 10.59%. Net margin FY2022 -140.63%. Net margin FY2023 -357.46%. Net margin FY2024 -10.04%. Net margin FY2025 -73.13%.

Income trends

Revenue

559.12M CNY-83.68%

Operating income

−361.17M CNY-1431.47%

Net income

−408.9M CNY-18.83%
Income trends across reported periods3.97B CNY1.81B CNY−356.25M CNY−2.52B CNYRevenue, FY2021: 2.04B CNYRevenue, FY2022: 513.31M CNYRevenue, FY2023: 513.46M CNYRevenue, FY2024: 3.43B CNYRevenue, FY2025: 559.12M CNYOperating income, FY2021: 339.75M CNYOperating income, FY2022: −1.01B CNYOperating income, FY2023: −1.98B CNYOperating income, FY2024: −23.58M CNYOperating income, FY2025: −361.17M CNYNet income, FY2021: 216.45M CNYNet income, FY2022: −721.86M CNYNet income, FY2023: −1.84B CNYNet income, FY2024: −344.1M CNYNet income, FY2025: −408.9M CNYFY2021FY2022FY2023FY2024FY2025
Revenue FY2021 2.04B CNY. Revenue FY2022 513.31M CNY. Revenue FY2023 513.46M CNY. Revenue FY2024 3.43B CNY. Revenue FY2025 559.12M CNY. Operating income FY2021 339.75M CNY. Operating income FY2022 −1.01B CNY. Operating income FY2023 −1.98B CNY. Operating income FY2024 −23.58M CNY. Operating income FY2025 −361.17M CNY. Net income FY2021 216.45M CNY. Net income FY2022 −721.86M CNY. Net income FY2023 −1.84B CNY. Net income FY2024 −344.1M CNY. Net income FY2025 −408.9M CNY.
Metric (CNY)FY2025FY2024FY2023FY2022FY2021
Revenue559.12M CNY3.43B CNY513.46M CNY513.31M CNY2.04B CNY
Cost of goods sold685.51M CNY2.93B CNY2.13B CNY439.7M CNY1.46B CNY
Gross profit−126.39M CNY500.49M CNY−1.62B CNY73.61M CNY583.23M CNY
Selling, general, and administrative107.74M CNY237.62M CNY142.86M CNY183.84M CNY291.42M CNY
Operating expenses234.78M CNY524.07M CNY357.42M CNY1.09B CNY243.48M CNY
Interest income238.66K CNY1.21M CNY13.52M CNY18.36M CNY20.96M CNY
Interest expense130.86M CNY35M CNY16.08M CNY18.58M CNY12.06M CNY
Depreciation and amortization11.49M CNY21.64M CNY27.54M CNY18.45M CNY18.39M CNY
Operating income−361.17M CNY−23.58M CNY−1.98B CNY−1.01B CNY339.75M CNY
Net income−408.9M CNY−344.1M CNY−1.84B CNY−721.86M CNY216.45M CNY

Company facts updated Aug 24, 2026.

Earnings

Latest EPS result
-0.05

EPS: actual versus estimate

Recent quarterly results

ActualEstimate
Estimates unavailable
Quarterly EPS actual values compared with estimates0.21-0.21-0.64-1.07Q2 '21Q4 '21Q3 '22Q1 '23Q3 '23Q1 '24Q3 '24Q1 '25
Q2 2021, reported Jun 30, 2021: actual 0.125, estimate —, surprise —, Comparison unavailable. Q4 2021, reported Dec 31, 2021: actual 0.034, estimate —, surprise —, Comparison unavailable. Q3 2022, reported Aug 31, 2022: actual -0.132, estimate —, surprise —, Comparison unavailable. Q1 2023, reported Mar 30, 2023: actual -0.371, estimate —, surprise —, Comparison unavailable. Q3 2023, reported Aug 30, 2023: actual -0.248, estimate —, surprise —, Comparison unavailable. Q1 2024, reported Mar 28, 2024: actual -0.98, estimate —, surprise —, Comparison unavailable. Q3 2024, reported Aug 31, 2024: actual -0.172, estimate —, surprise —, Comparison unavailable. Q1 2025, reported Mar 26, 2025: actual -0.052, estimate —, surprise —, Comparison unavailable.

Revenue: actual versus estimate

Recent quarterly results

ActualEstimate
Estimates unavailable
Quarterly Revenue actual values compared with estimates2.66B1.83B1B176.51MQ2 '21Q4 '21Q3 '22Q1 '23Q3 '23Q1 '24Q3 '24Q1 '25
Q2 2021, reported Jun 30, 2021: actual 1.25B HKD, estimate —, surprise —, Comparison unavailable. Q4 2021, reported Dec 31, 2021: actual 1.22B HKD, estimate —, surprise —, Comparison unavailable. Q3 2022, reported Aug 31, 2022: actual 360.76M HKD, estimate —, surprise —, Comparison unavailable. Q1 2023, reported Mar 30, 2023: actual 233.64M HKD, estimate —, surprise —, Comparison unavailable. Q3 2023, reported Aug 30, 2023: actual 352.37M HKD, estimate —, surprise —, Comparison unavailable. Q1 2024, reported Mar 28, 2024: actual 207.66M HKD, estimate —, surprise —, Comparison unavailable. Q3 2024, reported Aug 31, 2024: actual 2.47B HKD, estimate —, surprise —, Comparison unavailable. Q1 2025, reported Mar 26, 2025: actual 1.19B HKD, estimate —, surprise —, Comparison unavailable.

Corporate actions

Annual dividends per share

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

HK$0.2504

2021 complete year+79.5% since 2020

Corporate action history

Dividend

Ex-dividend Jun 30, 2022

HK$0.0114

Annual

Record Jul 4, 2022 · Payment Jul 15, 2022

Dividend

Ex-dividend Sep 6, 2021

HK$0.0436

Semi-Annual

Record Sep 8, 2021 · Payment Sep 17, 2021

Dividend

Ex-dividend Sep 6, 2021

HK$0.0436

Quarterly

Record Sep 7, 2021 · Payment Sep 17, 2021

Dividend

Ex-dividend Jun 2, 2021

HK$0.0816

Semi-Annual

Record Jun 4, 2021 · Payment Jun 16, 2021

Dividend

Ex-dividend Jun 2, 2021

HK$0.0816

Special

Record Jun 3, 2021 · Payment Jun 16, 2021

Dividend

Ex-dividend Sep 4, 2020

HK$0.0401

Semi-Annual

Record Sep 8, 2020 · Payment Sep 18, 2020

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