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Unitas Holdings Limited logo

Unitas Holdings Limited

8020.HK

HKSEIndustrialsMarine Shipping

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Latest quote

HK$0.019

+HK$0.002 · +11.76%

Aug 20, 1:03 PM HKT

8020.HK company overview

Historical prices · Market data may be delayed.

Company profile

Company website

Unitas Holdings Limited operates as an investment holding company, primarily delivering dry bulk shipping and logistics solutions throughout Hong Kong. Its business activities are organized into two main divisions: Dry Bulk Shipping and Logistic Services, and IP Automation and Entertainment Business. Additionally, the company manages two retail establishments under the Ganawawa brand, which feature automated gift machines, themed game machines, and carnival game booths, alongside general retail offerings. Unitas Holdings also engages in the sale of medical masks and various other products. The company was established in 2011 and is headquartered in Kwun Tong, Hong Kong.

Industry
Marine Shipping
Sector
Industrials
Headquarters
HK
CEO
Wing Yee Man
Listed since
Oct 12, 2011
Employees
79

Market position

52-week range

Current HK$0.019

Open
HK$0.019
Previous close
HK$0.017
Volume
10K
0.03× average
Average volume
358.67K
Average daily volume
Market cap
49.65M HKD
Beta
-2.43
Market reference 1
50-day average
HK$0.0189
+0.42% above average
200-day average
HK$0.0197
-3.53% below average

Financials

Financial snapshot

Latest / TTM

Valuation & yield

Enterprise value
55.16M HKD
P/E (TTM)
-1.17×
P/B (TTM)
-2.46×
P/S (TTM)
0.39×
EV / EBITDA
-3.99×
Earnings yield
-34.95%
Free cash flow yield
0.00%
Dividend yield
0.00%

Profitability & efficiency

Gross margin
7.07%
Operating margin
-37.45%
Net margin
-33.22%
Return on equity
86.85%
Return on assets
-93.82%
Return on invested capital
177.06%

Financial health

Debt / equity
-0.41×
Current ratio
0.31×
Altman Z-score
-28.25
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 trends25%8%-10%-27%Gross margin, FY2021: 18.26%Gross margin, FY2022: 12.25%Gross margin, FY2023: 20.72%Gross margin, FY2024: 6.83%Gross margin, FY2025: 8.57%Operating margin, FY2021: -7.63%Operating margin, FY2022: -0.58%Operating margin, FY2023: -0.09%Operating margin, FY2024: -21.37%Operating margin, FY2025: -22.79%Net margin, FY2021: -10.37%Net margin, FY2022: -1.13%Net margin, FY2023: -0.21%Net margin, FY2024: -21.27%Net margin, FY2025: -18.99%FY2021FY2022FY2023FY2024FY2025
Gross margin FY2021 18.26%. Gross margin FY2022 12.25%. Gross margin FY2023 20.72%. Gross margin FY2024 6.83%. Gross margin FY2025 8.57%. Operating margin FY2021 -7.63%. Operating margin FY2022 -0.58%. Operating margin FY2023 -0.09%. Operating margin FY2024 -21.37%. Operating margin FY2025 -22.79%. Net margin FY2021 -10.37%. Net margin FY2022 -1.13%. Net margin FY2023 -0.21%. Net margin FY2024 -21.27%. Net margin FY2025 -18.99%.

Income trends

Revenue

91.39M HKD-8.65%

Operating income

−20.83M HKD+2.55%

Net income

−17.35M HKD+18.45%
Income trends across reported periods112.19M HKD63.62M HKD15.05M HKD−33.52M HKDRevenue, FY2021: 47.94M HKDRevenue, FY2022: 90.99M HKDRevenue, FY2023: 88.18M HKDRevenue, FY2024: 100.04M HKDRevenue, FY2025: 91.39M HKDOperating income, FY2021: −3.66M HKDOperating income, FY2022: −530K HKDOperating income, FY2023: −82K HKDOperating income, FY2024: −21.38M HKDOperating income, FY2025: −20.83M HKDNet income, FY2021: −4.97M HKDNet income, FY2022: −1.03M HKDNet income, FY2023: −187K HKDNet income, FY2024: −21.28M HKDNet income, FY2025: −17.35M HKDFY2021FY2022FY2023FY2024FY2025
Revenue FY2021 47.94M HKD. Revenue FY2022 90.99M HKD. Revenue FY2023 88.18M HKD. Revenue FY2024 100.04M HKD. Revenue FY2025 91.39M HKD. Operating income FY2021 −3.66M HKD. Operating income FY2022 −530K HKD. Operating income FY2023 −82K HKD. Operating income FY2024 −21.38M HKD. Operating income FY2025 −20.83M HKD. Net income FY2021 −4.97M HKD. Net income FY2022 −1.03M HKD. Net income FY2023 −187K HKD. Net income FY2024 −21.28M HKD. Net income FY2025 −17.35M HKD.
Metric (HKD)FY2025FY2024FY2023FY2022FY2021
Revenue91.39M HKD100.04M HKD88.18M HKD90.99M HKD47.94M HKD
Cost of goods sold83.55M HKD93.21M HKD69.91M HKD79.85M HKD39.19M HKD
Gross profit7.83M HKD6.83M HKD18.27M HKD11.15M HKD8.75M HKD
Selling, general, and administrative28.67M HKD20.66M HKD17.97M HKD12.35M HKD11.53M HKD
Operating expenses28.67M HKD28.21M HKD18.35M HKD11.69M HKD12.45M HKD
Interest income—94K HKD278K HKD71K HKD1K HKD
Interest expense540K HKD446K HKD62K HKD105K HKD221K HKD
Depreciation and amortization7.01M HKD4.17M HKD674K HKD668K HKD1.87M HKD
Operating income−20.83M HKD−21.38M HKD−82K HKD−530K HKD−3.66M HKD
Net income−17.35M HKD−21.28M HKD−187K HKD−1.03M HKD−4.97M 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 estimates0.040.01-0.02-0.05Q4 '23Q1 '24Q2 '24Q2 '24Q4 '24Q1 '25Q1 '25Q3 '25
Q4 2023, reported Nov 15, 2023: actual -0.001, estimate —, surprise —, Comparison unavailable. Q1 2024, reported Feb 21, 2024: actual 0, estimate —, surprise —, Comparison unavailable. Q2 2024, reported Jun 29, 2024: actual 0, estimate —, surprise —, Comparison unavailable. Q2 2024, reported Jun 30, 2024: actual -0, estimate —, surprise —, Comparison unavailable. Q4 2024, reported Nov 14, 2024: actual -0, estimate —, surprise —, Comparison unavailable. Q1 2025, reported Feb 19, 2025: actual -0.004, estimate —, surprise —, Comparison unavailable. Q1 2025, reported Mar 31, 2025: actual -0.007, estimate —, surprise —, Comparison unavailable. Q3 2025, reported Sep 30, 2025: actual -0.002, estimate —, surprise —, Comparison unavailable.

Revenue: actual versus estimate

Recent quarterly results

ActualEstimate
Estimates unavailable
Quarterly Revenue actual values compared with estimates63.32M47.53M31.75M15.96MQ4 '23Q1 '24Q2 '24Q2 '24Q4 '24Q1 '25Q1 '25Q3 '25
Q4 2023, reported Nov 15, 2023: actual 18.78M HKD, estimate —, surprise —, Comparison unavailable. Q1 2024, reported Feb 21, 2024: actual 24.09M HKD, estimate —, surprise —, Comparison unavailable. Q2 2024, reported Jun 29, 2024: actual 24.09M HKD, estimate —, surprise —, Comparison unavailable. Q2 2024, reported Jun 30, 2024: actual 30.55M HKD, estimate —, surprise —, Comparison unavailable. Q4 2024, reported Nov 14, 2024: actual 30.55M HKD, estimate —, surprise —, Comparison unavailable. Q1 2025, reported Feb 19, 2025: actual 19.48M HKD, estimate —, surprise —, Comparison unavailable. Q1 2025, reported Mar 31, 2025: actual 19.48M HKD, estimate —, surprise —, Comparison unavailable. Q3 2025, reported Sep 30, 2025: actual 60.02M HKD, estimate —, surprise —, Comparison unavailable.

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