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Royal Deluxe Holdings Limited logo

Royal Deluxe Holdings Limited

3789.HK

HKSEIndustrialsEngineering & Construction

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Latest quote

HK$0.215

−HK$0.005 · -2.27%

Aug 24, 4:08 PM HKT

3789.HK company overview

Regular session · HKT · Market data may be delayed.

Company profile

Company website

Royal Deluxe Holdings Limited operates as an investment holding entity, primarily delivering formwork installation and associated support services across Hong Kong. The company undertakes significant formwork construction for a range of architectural developments and civil engineering endeavors. Beyond its foundational services, it also engages in the advancement of construction technology, provides rental services for table forms along with related offerings, and furnishes interior fit-out and engineering design solutions. Additionally, the company maintains a portfolio of property holdings and investment activities. Its clientele is broad, encompassing governmental bodies, public transport authorities, the airport authority, and various real estate developers. Founded in 1994, the firm's headquarters are situated in Kwun Tong, Hong Kong, and it functions as a subsidiary of Wang K M Limited.

Industry
Engineering & Construction
Sector
Industrials
Headquarters
HK
CEO
Yu Hin Wang
Listed since
Feb 8, 2017
Employees
69

Market position

Day range

Current HK$0.215

52-week range

Current HK$0.215

Open
HK$0.225
Previous close
HK$0.22
Volume
204K
0.25× average
Average volume
821.11K
Average daily volume
Market cap
258M HKD
Beta
0.6
Market reference 1
50-day average
HK$0.2045
+5.11% above average
200-day average
HK$0.1335
+61.01% above average

Financials

Financial snapshot

Latest / TTM

Valuation & yield

Enterprise value
43.99M HKD
P/E (TTM)
17.62×
P/B (TTM)
0.79×
P/S (TTM)
0.37×
EV / EBITDA
13.77×
Earnings yield
12.18%
Free cash flow yield
23.05%
Dividend yield
0.00%

Profitability & efficiency

Gross margin
7.39%
Operating margin
-0.63%
Net margin
2.11%
Return on equity
4.49%
Return on assets
3.36%
Return on invested capital
-1.07%

Financial health

Debt / equity
0×
Current ratio
3.53×
Altman Z-score
5.35
Piotroski F-score
4 of 9

Financial statements

Margin trends

Profitability as a percentage of reported revenue.

Gross marginOperating marginNet margin
Gross, operating, and net margin trends15%9%2%-4%Gross margin, FY2021: 13.79%Gross margin, FY2022: 8.74%Gross margin, FY2023: 8.48%Gross margin, FY2024: 5.68%Gross margin, FY2025: 6.97%Operating margin, FY2021: 0.83%Operating margin, FY2022: 0.22%Operating margin, FY2023: 0.92%Operating margin, FY2024: -2.40%Operating margin, FY2025: -0.63%Net margin, FY2021: 1.44%Net margin, FY2022: 3.05%Net margin, FY2023: 1.25%Net margin, FY2024: -0.83%Net margin, FY2025: 2.11%FY2021FY2022FY2023FY2024FY2025
Gross margin FY2021 13.79%. Gross margin FY2022 8.74%. Gross margin FY2023 8.48%. Gross margin FY2024 5.68%. Gross margin FY2025 6.97%. Operating margin FY2021 0.83%. Operating margin FY2022 0.22%. Operating margin FY2023 0.92%. Operating margin FY2024 -2.40%. Operating margin FY2025 -0.63%. Net margin FY2021 1.44%. Net margin FY2022 3.05%. Net margin FY2023 1.25%. Net margin FY2024 -0.83%. Net margin FY2025 2.11%.

Income trends

Revenue

693.74M HKD-5.09%

Operating income

−4.37M HKD+75.08%

Net income

14.62M HKD+20.66M HKD
Income trends across reported periods863.69M HKD543.24M HKD222.8M HKD−97.65M HKDRevenue, FY2021: 470.42M HKDRevenue, FY2022: 702.11M HKDRevenue, FY2023: 783.58M HKDRevenue, FY2024: 730.96M HKDRevenue, FY2025: 693.74M HKDOperating income, FY2021: 3.9M HKDOperating income, FY2022: 1.54M HKDOperating income, FY2023: 7.23M HKDOperating income, FY2024: −17.54M HKDOperating income, FY2025: −4.37M HKDNet income, FY2021: 6.78M HKDNet income, FY2022: 21.4M HKDNet income, FY2023: 9.77M HKDNet income, FY2024: −6.05M HKDNet income, FY2025: 14.62M HKDFY2021FY2022FY2023FY2024FY2025
Revenue FY2021 470.42M HKD. Revenue FY2022 702.11M HKD. Revenue FY2023 783.58M HKD. Revenue FY2024 730.96M HKD. Revenue FY2025 693.74M HKD. Operating income FY2021 3.9M HKD. Operating income FY2022 1.54M HKD. Operating income FY2023 7.23M HKD. Operating income FY2024 −17.54M HKD. Operating income FY2025 −4.37M HKD. Net income FY2021 6.78M HKD. Net income FY2022 21.4M HKD. Net income FY2023 9.77M HKD. Net income FY2024 −6.05M HKD. Net income FY2025 14.62M HKD.
Metric (HKD)FY2025FY2024FY2023FY2022FY2021
Revenue693.74M HKD730.96M HKD783.58M HKD702.11M HKD470.42M HKD
Cost of goods sold645.36M HKD689.41M HKD717.12M HKD640.76M HKD405.56M HKD
Gross profit48.38M HKD41.54M HKD66.45M HKD61.36M HKD64.87M HKD
Selling, general, and administrative52.75M HKD15.04M HKD54.8M HKD59.82M HKD60.97M HKD
Operating expenses52.75M HKD59.08M HKD54.8M HKD59.82M HKD60.97M HKD
Interest income366K HKD1.11M HKD1.1M HKD205K HKD9K HKD
Interest expense45K HKD19K HKD1.19M HKD2.77M HKD1.22M HKD
Depreciation and amortization7.57M HKD10.89M HKD12.42M HKD11.27M HKD11.02M HKD
Operating income−4.37M HKD−17.54M HKD7.23M HKD1.54M HKD3.9M HKD
Net income14.62M HKD−6.05M HKD9.77M HKD21.4M HKD6.78M HKD

Company facts updated Aug 24, 2026.

Earnings

Latest EPS result
-0

EPS: actual versus estimate

Recent quarterly results

ActualEstimate
Estimates unavailable
Quarterly EPS actual values compared with estimates0.060.02-0.01-0.04Q1 '21Q3 '21Q1 '22Q4 '22Q2 '23Q4 '23Q2 '24Q4 '24
Q1 2021, reported Mar 31, 2021: actual 0.008, estimate —, surprise —, Comparison unavailable. Q3 2021, reported Sep 30, 2021: actual 0.009, estimate —, surprise —, Comparison unavailable. Q1 2022, reported Mar 31, 2022: actual -0.003, estimate —, surprise —, Comparison unavailable. Q4 2022, reported Nov 29, 2022: actual 0.016, estimate —, surprise —, Comparison unavailable. Q2 2023, reported Jun 30, 2023: actual 0.002, estimate —, surprise —, Comparison unavailable. Q4 2023, reported Nov 29, 2023: actual 0.006, estimate —, surprise —, Comparison unavailable. Q2 2024, reported Jun 25, 2024: actual 0.002, estimate —, surprise —, Comparison unavailable. Q4 2024, reported Nov 28, 2024: actual -0.002, estimate —, surprise —, Comparison unavailable.

Revenue: actual versus estimate

Recent quarterly results

ActualEstimate
Estimates unavailable
Quarterly Revenue actual values compared with estimates440.69M353.14M265.59M178.05MQ1 '21Q3 '21Q1 '22Q4 '22Q2 '23Q4 '23Q2 '24Q4 '24
Q1 2021, reported Mar 31, 2021: actual 410.15M HKD, estimate —, surprise —, Comparison unavailable. Q3 2021, reported Sep 30, 2021: actual 274.26M HKD, estimate —, surprise —, Comparison unavailable. Q1 2022, reported Mar 31, 2022: actual 196.16M HKD, estimate —, surprise —, Comparison unavailable. Q4 2022, reported Nov 29, 2022: actual 331.47M HKD, estimate —, surprise —, Comparison unavailable. Q2 2023, reported Jun 30, 2023: actual 370.65M HKD, estimate —, surprise —, Comparison unavailable. Q4 2023, reported Nov 29, 2023: actual 361M HKD, estimate —, surprise —, Comparison unavailable. Q2 2024, reported Jun 25, 2024: actual 422.57M HKD, estimate —, surprise —, Comparison unavailable. Q4 2024, reported Nov 28, 2024: actual 335.63M HKD, estimate —, surprise —, Comparison unavailable.

Corporate actions

Corporate action history

DividendUpcoming

Ex-dividend Aug 25, 2026

HK$0.005

Irregular

Record Aug 27, 2026 · Payment Sep 18, 2026

Dividend

Ex-dividend Sep 22, 2020

HK$0.0045

Special

Record Sep 23, 2020 · Payment Oct 21, 2020

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