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Defeng Solife Holdings Limited

8403.HK

HKSEIndustrialsSpecialty Business Services

Latest quote

HK$2.90

−HK$0.09 · -3.01%

Aug 24, 3:23 PM HKT

8403.HK company overview

Regular session · HKT · Market data may be delayed.

Company profile

Company website

Dowway Holdings Limited, an investment holding entity, functions as a holistic exhibition and event management specialist within the People's Republic of China. The company provides a full spectrum of services, including the design, strategic planning, coordination, and overall management of various exhibitions and events. This involves engaging with suppliers and personnel for the fabrication of necessary elements like backdrops, stages, and display booths, alongside the installation of audio, visual, and lighting infrastructure. Furthermore, they offer diligent on-site supervision for their projects. While Dowway Holdings primarily delivers these integrated services to both domestic and international automobile brands – helping them showcase, promote, and sell their vehicles – the company also undertakes exhibition and event management assignments for clients in other industries. Established in 2002, Dowway Holdings Limited is headquartered in Beijing, China, and operates as a subsidiary of A&B Development Holding Limited.

Industry
Specialty Business Services
Sector
Industrials
Headquarters
CN
CEO
Xiaodi Huang
Listed since
Jun 12, 2018
Employees
88

Market position

Day range

Current HK$2.90

52-week range

Current HK$2.90

Open
HK$2.99
Previous close
HK$2.99
Volume
57K
0.31× average
Average volume
186.8K
Average daily volume
Market cap
446.6M HKD
Beta
0.17
Market reference 1
50-day average
HK$3.1086
-6.71% below average
200-day average
HK$2.6951
+7.60% above average

Financials

Financial snapshot

Latest / TTM

Valuation & yield

Enterprise value
207.46M CNY
EV / EBITDA
-10.57×
Earnings yield
-8.57%
Free cash flow yield
-4.67%

Profitability & efficiency

Return on equity
-121.04%
Return on assets
-14.40%
Return on invested capital
-46.79%

Financial health

Current ratio
1.03×
Altman Z-score
1.37
Piotroski F-score
2 of 9

Financial statements

Margin trends

Profitability as a percentage of reported revenue.

Gross marginOperating marginNet margin
Gross, operating, and net margin trends21%5%-11%-27%Gross margin, FY2021: 8.42%Gross margin, FY2022: 3.04%Gross margin, FY2023: 4.99%Gross margin, FY2024: 11.72%Gross margin, FY2025: 17.10%Operating margin, FY2021: -4.01%Operating margin, FY2022: -20.47%Operating margin, FY2023: -14.75%Operating margin, FY2024: -3.85%Operating margin, FY2025: -22.68%Net margin, FY2021: -4.50%Net margin, FY2022: -20.58%Net margin, FY2023: -14.40%Net margin, FY2024: -4.10%Net margin, FY2025: -17.98%FY2021FY2022FY2023FY2024FY2025
Gross margin FY2021 8.42%. Gross margin FY2022 3.04%. Gross margin FY2023 4.99%. Gross margin FY2024 11.72%. Gross margin FY2025 17.10%. Operating margin FY2021 -4.01%. Operating margin FY2022 -20.47%. Operating margin FY2023 -14.75%. Operating margin FY2024 -3.85%. Operating margin FY2025 -22.68%. Net margin FY2021 -4.50%. Net margin FY2022 -20.58%. Net margin FY2023 -14.40%. Net margin FY2024 -4.10%. Net margin FY2025 -17.98%.

Income trends

Revenue

92.07M CNY-34.31%

Operating income

−20.88M CNY-286.76%

Net income

−16.55M CNY-188.07%
Income trends across reported periods198.49M CNY113.06M CNY27.62M CNY−57.81M CNYRevenue, FY2021: 170.02M CNYRevenue, FY2022: 177.13M CNYRevenue, FY2023: 117.45M CNYRevenue, FY2024: 140.16M CNYRevenue, FY2025: 92.07M CNYOperating income, FY2021: −6.81M CNYOperating income, FY2022: −36.26M CNYOperating income, FY2023: −17.33M CNYOperating income, FY2024: −5.4M CNYOperating income, FY2025: −20.88M CNYNet income, FY2021: −7.65M CNYNet income, FY2022: −36.45M CNYNet income, FY2023: −16.92M CNYNet income, FY2024: −5.75M CNYNet income, FY2025: −16.55M CNYFY2021FY2022FY2023FY2024FY2025
Revenue FY2021 170.02M CNY. Revenue FY2022 177.13M CNY. Revenue FY2023 117.45M CNY. Revenue FY2024 140.16M CNY. Revenue FY2025 92.07M CNY. Operating income FY2021 −6.81M CNY. Operating income FY2022 −36.26M CNY. Operating income FY2023 −17.33M CNY. Operating income FY2024 −5.4M CNY. Operating income FY2025 −20.88M CNY. Net income FY2021 −7.65M CNY. Net income FY2022 −36.45M CNY. Net income FY2023 −16.92M CNY. Net income FY2024 −5.75M CNY. Net income FY2025 −16.55M CNY.
Metric (CNY)FY2025FY2024FY2023FY2022FY2021
Revenue92.07M CNY140.16M CNY117.45M CNY177.13M CNY170.02M CNY
Cost of goods sold76.33M CNY123.74M CNY111.58M CNY171.75M CNY155.71M CNY
Gross profit15.74M CNY16.43M CNY5.86M CNY5.38M CNY14.31M CNY
Selling, general, and administrative33.13M CNY25.5M CNY21.57M CNY19.57M CNY18.59M CNY
Operating expenses36.62M CNY21.83M CNY23.19M CNY18.83M CNY18.26M CNY
Interest income391.6K CNY25K CNY−31K CNY15K CNY18K CNY
Interest expense1.43M CNY1.21M CNY546K CNY670K CNY741K CNY
Depreciation and amortization1.26M CNY60K CNY1.68M CNY1.09M CNY3.74M CNY
Operating income−20.88M CNY−5.4M CNY−17.33M CNY−36.26M CNY−6.81M CNY
Net income−16.55M CNY−5.75M CNY−16.92M CNY−36.45M CNY−7.65M CNY

Company facts updated Aug 24, 2026.

Earnings

Latest fiscal-year EPS
-0.12
FY2025
Latest fiscal-year revenue
92.07M CNY
FY2025 · -34.31% year over year

Annual EPS trend

Reported history and fiscal-year consensus

ReportedConsensus forecast
Annual EPS trend-0.02-0.13-0.24-0.35FY21FY22FY23FY24FY25

Annual revenue trend

Reported history and fiscal-year consensus

ReportedConsensus forecast
Annual revenue trend185.64M151.61M117.59M83.57MFY21FY22FY23FY24FY25

Corporate actions

Corporate action history

Stock split

Effective Aug 24, 2021

1:20

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