China Rongzhong Financial Holdings Company Limited logo

China Rongzhong Financial Holdings Company Limited

3963.HK

HKSEFinancial ServicesFinancial - Credit Services

Latest quote

HK$0.12

−HK$0.002 · -1.64%

Aug 25, 10:12 AM HKT

3963.HK company overview

Regular session · HKT · Market data may be delayed.

Company profile

Company website

China Rongzhong Financial Holdings Company Limited, an investment holding company, provides financial leasing services in China, Hong Kong, and Singapore. The company focuses on financing the needs of SMEs in Hubei province. It also provides financial leasing services in the categories of sales and leaseback and direct financial leasing. In addition, the company offers value- added services, such as due diligence, credit investigation, and debt collection services. Further, it provides money lending, credit management, and operating lease services for motor vehicles. It serves laser processing, plastics, industrial processing, textile and garments, hotel and leisure, and other industries. The company was founded in 2008 and is based in Hong Kong, Hong Kong. China Rongzhong Financial Holdings Company Limited is a subsidiary of Goldbond Group Holdings Limited.

Industry
Financial - Credit Services
Sector
Financial Services
Headquarters
HK
CEO
Hoi Yan Wong
Listed since
Jan 28, 2016
Employees
115

Market position

52-week range

Current HK$0.12

Open
HK$0.12
Previous close
HK$0.122
Volume
60K
3.7× average
Average volume
16.2K
Average daily volume
Market cap
72.82M HKD
Beta
-0.71
Market reference 1
50-day average
HK$0.1355
-11.43% below average
200-day average
HK$0.1492
-19.55% below average

Financials

Financial snapshot

Latest / TTM

Valuation & yield

Enterprise value
145.41M HKD
P/E (TTM)
-7.27×
P/B (TTM)
7.95×
P/S (TTM)
0.86×
EV / EBITDA
10.89×
Earnings yield
-10.15%
Free cash flow yield
-8.35%
Dividend yield
0.00%

Profitability & efficiency

Gross margin
27.66%
Operating margin
-6.05%
Net margin
-11.79%
Return on equity
-109.40%
Return on assets
-12.27%
Return on invested capital
-4.06%

Financial health

Debt / equity
6.19×
Current ratio
0.44×
Altman Z-score
-8.6
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 trends272%-415%-1101%-1788%Gross margin, FY2021: 29.74%Gross margin, FY2022: 100.00%Gross margin, FY2023: 21.29%Gross margin, FY2024: 0.78%Gross margin, FY2025: 29.22%Operating margin, FY2021: -26.52%Operating margin, FY2022: 47.66%Operating margin, FY2023: -3.38%Operating margin, FY2024: -24.68%Operating margin, FY2025: -3.90%Net margin, FY2021: -1616.03%Net margin, FY2022: -244.03%Net margin, FY2023: -10.80%Net margin, FY2024: -11.69%Net margin, FY2025: -11.78%FY2021FY2022FY2023FY2024FY2025
Gross margin FY2021 29.74%. Gross margin FY2022 100.00%. Gross margin FY2023 21.29%. Gross margin FY2024 0.78%. Gross margin FY2025 29.22%. Operating margin FY2021 -26.52%. Operating margin FY2022 47.66%. Operating margin FY2023 -3.38%. Operating margin FY2024 -24.68%. Operating margin FY2025 -3.90%. Net margin FY2021 -1616.03%. Net margin FY2022 -244.03%. Net margin FY2023 -10.80%. Net margin FY2024 -11.69%. Net margin FY2025 -11.78%.

Income trends

Revenue

85.16M HKD+22.68%

Operating income

−3.32M HKD+80.63%

Net income

−10.04M HKD-23.72%
Income trends across reported periods154.66M HKD−107.96M HKD−370.58M HKD−633.2M HKDRevenue, FY2021: 35.12M HKDRevenue, FY2022: 51.06M HKDRevenue, FY2023: 89M HKDRevenue, FY2024: 69.42M HKDRevenue, FY2025: 85.16M HKDOperating income, FY2021: −9.32M HKDOperating income, FY2022: 24.34M HKDOperating income, FY2023: −3.01M HKDOperating income, FY2024: −17.13M HKDOperating income, FY2025: −3.32M HKDNet income, FY2021: −567.55M HKDNet income, FY2022: −124.61M HKDNet income, FY2023: −9.62M HKDNet income, FY2024: −8.11M HKDNet income, FY2025: −10.04M HKDFY2021FY2022FY2023FY2024FY2025
Revenue FY2021 35.12M HKD. Revenue FY2022 51.06M HKD. Revenue FY2023 89M HKD. Revenue FY2024 69.42M HKD. Revenue FY2025 85.16M HKD. Operating income FY2021 −9.32M HKD. Operating income FY2022 24.34M HKD. Operating income FY2023 −3.01M HKD. Operating income FY2024 −17.13M HKD. Operating income FY2025 −3.32M HKD. Net income FY2021 −567.55M HKD. Net income FY2022 −124.61M HKD. Net income FY2023 −9.62M HKD. Net income FY2024 −8.11M HKD. Net income FY2025 −10.04M HKD.
Metric (HKD)FY2025FY2024FY2023FY2022FY2021
Revenue85.16M HKD69.42M HKD89M HKD51.06M HKD35.12M HKD
Cost of goods sold60.28M HKD68.88M HKD70.05M HKD24.68M HKD
Gross profit24.88M HKD540K HKD18.95M HKD51.06M HKD10.45M HKD
Research and development−15.87 HKD
Selling, general, and administrative27.16M HKD21.96M HKD26.73M HKD20.91M HKD
Operating expenses28.2M HKD17.67M HKD21.96M HKD26.73M HKD524.04M HKD
Interest income62.59M HKD11K HKD28K HKD
Interest expense2.72M HKD2.34M HKD32.06M HKD
Depreciation and amortization16.54M HKD14.51M HKD11.87M HKD12.52M HKD2.78M HKD
Operating income−3.32M HKD−17.13M HKD−3.01M HKD24.34M HKD−9.32M HKD
Net income−10.04M HKD−8.11M HKD−9.62M HKD−124.61M HKD−567.55M HKD

Company facts updated Aug 25, 2026.

Earnings

Latest EPS result
-0.01

EPS: actual versus estimate

Recent quarterly results

ActualEstimate
Estimates unavailable
Quarterly EPS actual values compared with estimates-0-0.25-0.5-0.74Q1 '21Q3 '21Q1 '22Q4 '22Q3 '23Q1 '24Q2 '24Q4 '24
Q1 2021, reported Mar 31, 2021: actual -0.34, estimate —, surprise —, Comparison unavailable. Q3 2021, reported Sep 30, 2021: actual -0, estimate —, surprise —, Comparison unavailable. Q1 2022, reported Mar 31, 2022: actual -0.687, estimate —, surprise —, Comparison unavailable. Q4 2022, reported Dec 1, 2022: actual -0.056, estimate —, surprise —, Comparison unavailable. Q3 2023, reported Jul 1, 2023: actual -0.246, estimate —, surprise —, Comparison unavailable. Q1 2024, reported Jan 9, 2024: actual -0.003, estimate —, surprise —, Comparison unavailable. Q2 2024, reported Jun 28, 2024: actual -0.017, estimate —, surprise —, Comparison unavailable. Q4 2024, reported Nov 27, 2024: actual -0.007, estimate —, surprise —, Comparison unavailable.

Revenue: actual versus estimate

Recent quarterly results

ActualEstimate
Estimates unavailable
Quarterly Revenue actual values compared with estimates50.51M27.7M4.88M-17.93MQ1 '21Q3 '21Q1 '22Q4 '22Q3 '23Q1 '24Q2 '24Q4 '24
Q1 2021, reported Mar 31, 2021: actual -9.48M HKD, estimate —, surprise —, Comparison unavailable. Q3 2021, reported Sep 30, 2021: actual 10.16M HKD, estimate —, surprise —, Comparison unavailable. Q1 2022, reported Mar 31, 2022: actual -13.21M HKD, estimate —, surprise —, Comparison unavailable. Q4 2022, reported Dec 1, 2022: actual 27.04M HKD, estimate —, surprise —, Comparison unavailable. Q3 2023, reported Jul 1, 2023: actual 24.02M HKD, estimate —, surprise —, Comparison unavailable. Q1 2024, reported Jan 9, 2024: actual 45.79M HKD, estimate —, surprise —, Comparison unavailable. Q2 2024, reported Jun 28, 2024: actual 37.82M HKD, estimate —, surprise —, Comparison unavailable. Q4 2024, reported Nov 27, 2024: actual 40.26M HKD, estimate —, surprise —, Comparison unavailable.

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