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True Partner Capital Holding Limited logo

True Partner Capital Holding Limited

8657.HK

HKSEFinancial ServicesAsset Management

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Latest quote

HK$0.30

HK$0.00 · 0.00%

Aug 24, 2:04 PM HKT

8657.HK company overview

Regular session · HKT · Market data may be delayed.

Company profile

Company website

True Partner Capital Holding Limited is an asset management firm with a presence in both Hong Kong and Chicago. The company leverages its proprietary trading platform to actively manage diverse investment funds and provide discretionary managed accounts. Beyond its core fund management activities, the firm offers a range of services including investment advisory, business consultancy, general management support, software licensing, educational seminars, and comprehensive software development and support. Its extensive clientele includes collective investment schemes, family offices, pension and endowment funds, other financial institutions, and high-net-worth individuals. Established in 2010, the company's primary operational base is located in Tsim Sha Tsui, Hong Kong.

Industry
Asset Management
Sector
Financial Services
Headquarters
HK
CEO
Ralph Paul Johan van Put
Listed since
Oct 16, 2020
Employees
13

Market position

Day range

Current HK$0.30

52-week range

Current HK$0.30

Open
HK$0.38
Previous close
HK$0.30
Volume
82K
1.37× average
Average volume
59.84K
Average daily volume
Market cap
125.85M HKD
Beta
0.4
Market reference 1
50-day average
HK$0.2993
+0.23% above average
200-day average
HK$0.3527
-14.94% below average

Financials

Financial snapshot

Latest / TTM

Valuation & yield

P/E (TTM)
-3.69×
P/B (TTM)
6.13×
P/S (TTM)
13.36×
Dividend yield
0.00%

Profitability & efficiency

Gross margin
93.24%
Operating margin
-351.77%
Net margin
-360.29%

Financial health

Debt / equity
0×

Financial statements

Margin trends

Profitability as a percentage of reported revenue.

Gross marginOperating marginNet margin
Gross, operating, and net margin trends149%-73%-295%-517%Gross margin, FY2021: 88.91%Gross margin, FY2022: 92.41%Gross margin, FY2023: 88.96%Gross margin, FY2024: 91.06%Gross margin, FY2025: 93.21%Operating margin, FY2021: -37.66%Operating margin, FY2022: -73.25%Operating margin, FY2023: -450.95%Operating margin, FY2024: -439.53%Operating margin, FY2025: -353.31%Net margin, FY2021: -44.16%Net margin, FY2022: -74.81%Net margin, FY2023: -461.79%Net margin, FY2024: -444.52%Net margin, FY2025: -361.87%FY2021FY2022FY2023FY2024FY2025
Gross margin FY2021 88.91%. Gross margin FY2022 92.41%. Gross margin FY2023 88.96%. Gross margin FY2024 91.06%. Gross margin FY2025 93.21%. Operating margin FY2021 -37.66%. Operating margin FY2022 -73.25%. Operating margin FY2023 -450.95%. Operating margin FY2024 -439.53%. Operating margin FY2025 -353.31%. Net margin FY2021 -44.16%. Net margin FY2022 -74.81%. Net margin FY2023 -461.79%. Net margin FY2024 -444.52%. Net margin FY2025 -361.87%.

Income trends

Revenue

9.38M HKD-14.06%

Operating income

−33.13M HKD+30.92%

Net income

−33.94M HKD+30.04%
Income trends across reported periods71.51M HKD21.14M HKD−29.23M HKD−79.59M HKDRevenue, FY2021: 58.92M HKDRevenue, FY2022: 44.79M HKDRevenue, FY2023: 14.51M HKDRevenue, FY2024: 10.91M HKDRevenue, FY2025: 9.38M HKDOperating income, FY2021: −22.19M HKDOperating income, FY2022: −32.81M HKDOperating income, FY2023: −65.43M HKDOperating income, FY2024: −47.96M HKDOperating income, FY2025: −33.13M HKDNet income, FY2021: −26.02M HKDNet income, FY2022: −33.51M HKDNet income, FY2023: −67M HKDNet income, FY2024: −48.51M HKDNet income, FY2025: −33.94M HKDFY2021FY2022FY2023FY2024FY2025
Revenue FY2021 58.92M HKD. Revenue FY2022 44.79M HKD. Revenue FY2023 14.51M HKD. Revenue FY2024 10.91M HKD. Revenue FY2025 9.38M HKD. Operating income FY2021 −22.19M HKD. Operating income FY2022 −32.81M HKD. Operating income FY2023 −65.43M HKD. Operating income FY2024 −47.96M HKD. Operating income FY2025 −33.13M HKD. Net income FY2021 −26.02M HKD. Net income FY2022 −33.51M HKD. Net income FY2023 −67M HKD. Net income FY2024 −48.51M HKD. Net income FY2025 −33.94M HKD.
Metric (HKD)FY2025FY2024FY2023FY2022FY2021
Revenue9.38M HKD10.91M HKD14.51M HKD44.79M HKD58.92M HKD
Cost of goods sold637K HKD975K HKD1.6M HKD3.4M HKD6.53M HKD
Gross profit8.74M HKD9.94M HKD12.91M HKD41.4M HKD52.38M HKD
Selling, general, and administrative—57.9M HKD78.34M HKD74.06M HKD74.57M HKD
Operating expenses41.87M HKD57.9M HKD78.34M HKD74.06M HKD74.57M HKD
Interest income422K HKD1.02M HKD507K HKD15K HKD3K HKD
Interest expense3K HKD55K HKD122K HKD182K HKD105K HKD
Depreciation and amortization—1.57M HKD3.21M HKD3.54M HKD3.44M HKD
Operating income−33.13M HKD−47.96M HKD−65.43M HKD−32.81M HKD−22.19M HKD
Net income−33.94M HKD−48.51M HKD−67M HKD−33.51M HKD−26.02M HKD

Company facts updated Aug 24, 2026.

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