Hatcher Group Limited logo

Hatcher Group Limited

8365.HK

HKSEFinancial ServicesFinancial - Capital Markets

Latest quote

HK$0.75

−HK$0.035 · -4.46%

Aug 21, 4:08 PM HKTData delayed

8365.HK company overview

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Company profile

Company website

Hatcher Group Limited, an investment holding company, delivers a range of financial and business consulting services in Hong Kong and Canada. Its financial services division provides comprehensive corporate finance advisory, which includes counseling on transactions and compliance matters under listing rules, acting as an independent financial adviser for board committees and shareholders, sponsoring initial public offerings (IPOs) to ensure regulatory compliance, and offering ongoing compliance advice to listed companies after their IPO. The company also specializes in placing and underwriting, serving as an underwriter, sub-underwriter, placing agent, or sub-placing agent for fundraising activities of companies already listed or preparing to list on the stock exchange. It further assists these entities in securing investors. Beyond finance, Hatcher Group offers business consulting services, helping individuals and organizations identify and facilitate business development and merger and acquisition opportunities. This involves devising optimal business and organizational structures, fostering business cooperation and collaboration, advising on the terms and conditions of potential ventures, introducing joint venture partners, suppliers, and market players, and providing negotiation assistance. Moreover, the company supports clients in enhancing and transforming their business performance through strategic and operational re-engineering. This includes services such as margin enhancement, optimizing finance functions and processes, post-merger integration, cost optimization, and establishing performance measurement systems. Founded in 2016 and based in Central, Hong Kong, the company was formerly known as VBG International Holdings Limited until it rebranded as Hatcher Group Limited in October 2021.

Industry
Financial - Capital Markets
Sector
Financial Services
Headquarters
HK
CEO
Wing Kun Hui
Listed since
May 26, 2017
Employees
105

Market position

52-week range

Current HK$0.75

Open
HK$0.75
Previous close
HK$0.785
Volume
2.63M
1.42× average
Average volume
1.85M
Average daily volume
Market cap
149.06M HKD
Beta
0.62
Market reference 1
50-day average
HK$0.9958
-24.68% below average
200-day average
HK$1.853
-59.52% below average

Financials

Financial snapshot

Latest / TTM

Valuation & yield

P/E (TTM)
-1.49×
P/B (TTM)
0.94×
P/S (TTM)
1.55×
Dividend yield
0.00%

Profitability & efficiency

Gross margin
92.77%
Operating margin
-39.92%
Net margin
-65.86%

Financial health

Debt / equity
0.12×
Altman Z-score
2.99
Piotroski F-score
5 of 9

Financial statements

Margin trends

Profitability as a percentage of reported revenue.

Gross marginOperating marginNet margin
Gross, operating, and net margin trends5238%-15354%-35946%-56538%Gross margin, FY2021: -128.75%Gross margin, FY2022: -12815.79%Gross margin, FY2023: -918.37%Gross margin, FY2024: -723.33%Gross margin, FY2025: 89.60%Operating margin, FY2021: -5323.96%Operating margin, FY2022: -12789.47%Operating margin, FY2023: -10955.10%Operating margin, FY2024: -49204.00%Operating margin, FY2025: -32.63%Net margin, FY2021: -6417.89%Net margin, FY2022: -43436.84%Net margin, FY2023: -9407.48%Net margin, FY2024: -51390.00%Net margin, FY2025: -61.27%FY2021FY2022FY2023FY2024FY2025
Gross margin FY2021 -128.75%. Gross margin FY2022 -12815.79%. Gross margin FY2023 -918.37%. Gross margin FY2024 -723.33%. Gross margin FY2025 89.60%. Operating margin FY2021 -5323.96%. Operating margin FY2022 -12789.47%. Operating margin FY2023 -10955.10%. Operating margin FY2024 -49204.00%. Operating margin FY2025 -32.63%. Net margin FY2021 -6417.89%. Net margin FY2022 -43436.84%. Net margin FY2023 -9407.48%. Net margin FY2024 -51390.00%. Net margin FY2025 -61.27%.

Income trends

Revenue

77.73M HKD+51721.33%

Operating income

−25.37M HKD+65.63%

Net income

−47.63M HKD+38.22%
Income trends across reported periods93.21M HKD31.29M HKD−30.64M HKD−92.57M HKDRevenue, FY2021: 313K HKDRevenue, FY2022: 19K HKDRevenue, FY2023: 147K HKDRevenue, FY2024: 150K HKDRevenue, FY2025: 77.73M HKDOperating income, FY2021: −16.66M HKDOperating income, FY2022: −2.43M HKDOperating income, FY2023: −16.1M HKDOperating income, FY2024: −73.81M HKDOperating income, FY2025: −25.37M HKDNet income, FY2021: −20.09M HKDNet income, FY2022: −8.25M HKDNet income, FY2023: −13.83M HKDNet income, FY2024: −77.09M HKDNet income, FY2025: −47.63M HKDFY2021FY2022FY2023FY2024FY2025
Revenue FY2021 313K HKD. Revenue FY2022 19K HKD. Revenue FY2023 147K HKD. Revenue FY2024 150K HKD. Revenue FY2025 77.73M HKD. Operating income FY2021 −16.66M HKD. Operating income FY2022 −2.43M HKD. Operating income FY2023 −16.1M HKD. Operating income FY2024 −73.81M HKD. Operating income FY2025 −25.37M HKD. Net income FY2021 −20.09M HKD. Net income FY2022 −8.25M HKD. Net income FY2023 −13.83M HKD. Net income FY2024 −77.09M HKD. Net income FY2025 −47.63M HKD.
Metric (HKD)FY2025FY2024FY2023FY2022FY2021
Revenue77.73M HKD150K HKD147K HKD19K HKD313K HKD
Cost of goods sold8.08M HKD1.24M HKD1.5M HKD2.45M HKD716K HKD
Gross profit69.65M HKD−1.09M HKD−1.35M HKD−2.44M HKD−403K HKD
Selling, general, and administrative95.65M HKD96.96M HKD112.95M HKD69.9M HKD48.01M HKD
Operating expenses95.01M HKD72.72M HKD14.75M HKD−5K HKD16.26M HKD
Interest income77K HKD150K HKD147K HKD19K HKD313K HKD
Interest expense888K HKD1.24M HKD1.5M HKD2.45M HKD716K HKD
Depreciation and amortization8.08M HKD8.01M HKD8.73M HKD9.37M HKD7.64M HKD
Operating income−25.37M HKD−73.81M HKD−16.1M HKD−2.43M HKD−16.66M HKD
Net income−47.63M HKD−77.09M HKD−13.83M HKD−8.25M HKD−20.09M HKD

Company facts updated Aug 24, 2026.

Earnings

Latest EPS result
-0.37

EPS: actual versus estimate

Recent quarterly results

ActualEstimate
Estimates unavailable
Quarterly EPS actual values compared with estimates0.220.01-0.2-0.41Q2 '23Q3 '23Q1 '24Q1 '24Q2 '24Q4 '24Q2 '25Q4 '25
Q2 2023, reported May 15, 2023: actual -0.21, estimate —, surprise —, Comparison unavailable. Q3 2023, reported Aug 14, 2023: actual 0.18, estimate —, surprise —, Comparison unavailable. Q1 2024, reported Jan 1, 2024: actual 0.039, estimate —, surprise —, Comparison unavailable. Q1 2024, reported Feb 23, 2024: actual -0.21, estimate —, surprise —, Comparison unavailable. Q2 2024, reported May 31, 2024: actual -0.21, estimate —, surprise —, Comparison unavailable. Q4 2024, reported Dec 30, 2024: actual -0.13, estimate —, surprise —, Comparison unavailable. Q2 2025, reported May 30, 2025: actual -0.014, estimate —, surprise —, Comparison unavailable. Q4 2025, reported Dec 29, 2025: actual -0.37, estimate —, surprise —, Comparison unavailable.

Revenue: actual versus estimate

Recent quarterly results

ActualEstimate
Estimates unavailable
Quarterly Revenue actual values compared with estimates59.41M39.62M19.83M38.25KQ2 '23Q3 '23Q1 '24Q1 '24Q2 '24Q4 '24Q2 '25Q4 '25
Q2 2023, reported May 15, 2023: actual 45K HKD, estimate —, surprise —, Comparison unavailable. Q3 2023, reported Aug 14, 2023: actual 25.59M HKD, estimate —, surprise —, Comparison unavailable. Q1 2024, reported Jan 1, 2024: actual 55.02M HKD, estimate —, surprise —, Comparison unavailable. Q1 2024, reported Feb 23, 2024: actual 19.38M HKD, estimate —, surprise —, Comparison unavailable. Q2 2024, reported May 31, 2024: actual 20.71M HKD, estimate —, surprise —, Comparison unavailable. Q4 2024, reported Dec 30, 2024: actual 18.18M HKD, estimate —, surprise —, Comparison unavailable. Q2 2025, reported May 30, 2025: actual 14M HKD, estimate —, surprise —, Comparison unavailable. Q4 2025, reported Dec 29, 2025: actual 30.77M HKD, estimate —, surprise —, Comparison unavailable.

Corporate actions

Corporate action history

Stock split

Effective Jan 5, 2024

1:25

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