Times Neighborhood Holdings Limited logo

Times Neighborhood Holdings Limited

9928.HK

HKSEReal EstateReal Estate - Services

Latest quote

HK$0.49

HK$0.00 · 0.00%

Aug 24, 11:58 AM HKTData delayed

9928.HK company overview

Company profile

Company website

Established in 1998 and based in Guangzhou, People's Republic of China, Times Neighborhood Holdings Limited specializes in delivering a broad spectrum of property management and related solutions. The company serves a diverse clientele throughout the PRC, encompassing property developers, individual owners, residents, and governmental organizations, managing both residential and commercial properties. Beyond its core property management offerings, the firm provides extensive value-added services to non-property owners. These include sales assistance, construction site support (such as consultancy and security oversight), real estate brokerage for residences, retail outlets, and parking facilities, as well as pre-delivery cleaning and urban renewal project management. For communities, Times Neighborhood offers public space leasing and efficient parking management. Residents benefit from a suite of personalized services like baggage handling, home refurbishment, asset advisory, communal group purchasing initiatives, and professional housekeeping. Furthermore, the company is involved in the complete lifecycle of elevator services—from sale and installation to repair and ongoing maintenance—and provides intelligent engineering solutions along with municipal sanitation services.

Industry
Real Estate - Services
Sector
Real Estate
Headquarters
CN
CEO
Meng Wang
Listed since
Dec 19, 2019
Employees
5,116

Market position

52-week range

Current HK$0.49

Open
HK$0.49
Previous close
HK$0.49
Volume
1K
0× average
Average volume
329.33K
Average daily volume
Market cap
481.34M HKD
Beta
1.47
Market reference 1
50-day average
HK$0.4888
+0.25% above average
200-day average
HK$0.536
-8.58% below average

Financials

Financial statements

Margin trends

Profitability as a percentage of reported revenue.

Gross marginOperating marginNet margin
Gross, operating, and net margin trends31%17%2%-12%Gross margin, FY2021: 27.28%Gross margin, FY2022: 21.33%Gross margin, FY2023: 20.87%Gross margin, FY2024: 20.42%Gross margin, FY2025: 19.87%Operating margin, FY2021: 15.61%Operating margin, FY2022: -8.23%Operating margin, FY2023: 5.41%Operating margin, FY2024: 1.46%Operating margin, FY2025: 1.17%Net margin, FY2021: 11.32%Net margin, FY2022: -8.20%Net margin, FY2023: -8.16%Net margin, FY2024: 0.20%Net margin, FY2025: 0.68%FY2021FY2022FY2023FY2024FY2025
Gross margin FY2021 27.28%. Gross margin FY2022 21.33%. Gross margin FY2023 20.87%. Gross margin FY2024 20.42%. Gross margin FY2025 19.87%. Operating margin FY2021 15.61%. Operating margin FY2022 -8.23%. Operating margin FY2023 5.41%. Operating margin FY2024 1.46%. Operating margin FY2025 1.17%. Net margin FY2021 11.32%. Net margin FY2022 -8.20%. Net margin FY2023 -8.16%. Net margin FY2024 0.20%. Net margin FY2025 0.68%.

Income trends

Revenue

2.5B HKD+4.48%

Operating income

29.2M HKD-16.35%

Net income

17.09M HKD+263.85%
Income trends across reported periods3.01B HKD1.84B HKD665.78M HKD−507.92M HKDRevenue, FY2021: 2.72B HKDRevenue, FY2022: 2.61B HKDRevenue, FY2023: 2.47B HKDRevenue, FY2024: 2.39B HKDRevenue, FY2025: 2.5B HKDOperating income, FY2021: 424.69M HKDOperating income, FY2022: −214.49M HKDOperating income, FY2023: 133.75M HKDOperating income, FY2024: 34.91M HKDOperating income, FY2025: 29.2M HKDNet income, FY2021: 308M HKDNet income, FY2022: −213.63M HKDNet income, FY2023: −201.76M HKDNet income, FY2024: 4.7M HKDNet income, FY2025: 17.09M HKDFY2021FY2022FY2023FY2024FY2025
Revenue FY2021 2.72B HKD. Revenue FY2022 2.61B HKD. Revenue FY2023 2.47B HKD. Revenue FY2024 2.39B HKD. Revenue FY2025 2.5B HKD. Operating income FY2021 424.69M HKD. Operating income FY2022 −214.49M HKD. Operating income FY2023 133.75M HKD. Operating income FY2024 34.91M HKD. Operating income FY2025 29.2M HKD. Net income FY2021 308M HKD. Net income FY2022 −213.63M HKD. Net income FY2023 −201.76M HKD. Net income FY2024 4.7M HKD. Net income FY2025 17.09M HKD.
Metric (HKD)FY2025FY2024FY2023FY2022FY2021
Revenue2.5B HKD2.39B HKD2.47B HKD2.61B HKD2.72B HKD
Cost of goods sold2B HKD1.9B HKD1.96B HKD2.05B HKD1.98B HKD
Gross profit496.04M HKD487.78M HKD515.71M HKD555.89M HKD742.06M HKD
Research and development10.99M HKD9.87M HKD30.17M HKD31.7M HKD7.15M HKD
Selling, general, and administrative455.85M HKD277.38M HKD318.05M HKD372.49M HKD299.79M HKD
Operating expenses466.84M HKD452.88M HKD381.96M HKD770.39M HKD317.37M HKD
Interest income12.1M HKD9.39M HKD9.8M HKD1.85M HKD3.84M HKD
Interest expense548K HKD512K HKD497K HKD1.08M HKD3.35M HKD
Depreciation and amortization48.92M HKD56.95M HKD81.57M HKD75.79M HKD50.55M HKD
Operating income29.2M HKD34.91M HKD133.75M HKD−214.49M HKD424.69M HKD
Net income17.09M HKD4.7M HKD−201.76M HKD−213.63M HKD308M HKD

Company facts updated Aug 24, 2026.

Earnings

EPS beat rate
14%
1 beat, 5 misses, 1 met estimate
Average EPS surprise
-146.45%
7 comparable reports
Latest EPS result
-0.05

EPS: actual versus estimate

Recent quarterly results

ActualEstimate
Quarterly EPS actual values compared with estimates0.190.02-0.15-0.32Q3 '22MissQ1 '23MissQ3 '23MissQ1 '24MissQ3 '24No estimateQ1 '25No estimateQ3 '25No estimateQ1 '26No estimate
Q3 2022, reported Aug 29, 2022: actual 0.035, estimate 0.152, surprise -76.93%, Miss. Q1 2023, reported Mar 29, 2023: actual -0.285, estimate 0.113, surprise -351.53%, Miss. Q3 2023, reported Aug 29, 2023: actual -0.27, estimate 0.065, surprise -516.67%, Miss. Q1 2024, reported Mar 26, 2024: actual 0.047, estimate 0.099, surprise -52.38%, Miss. Q3 2024, reported Aug 27, 2024: actual 0.043, estimate —, surprise —, Comparison unavailable. Q1 2025, reported Mar 27, 2025: actual -0.039, estimate —, surprise —, Comparison unavailable. Q3 2025, reported Aug 28, 2025: actual 0.066, estimate —, surprise —, Comparison unavailable. Q1 2026, reported Mar 30, 2026: actual -0.053, estimate —, surprise —, Comparison unavailable.

Revenue: actual versus estimate

Recent quarterly results

ActualEstimate
Quarterly Revenue actual values compared with estimates2.86B2.27B1.68B1.09BQ3 '22BeatQ1 '23MissQ3 '23BeatQ1 '24MissQ3 '24No estimateQ1 '25No estimateQ3 '25No estimateQ1 '26No estimate
Q3 2022, reported Aug 29, 2022: actual 1.54B HKD, estimate 1.4B HKD, surprise +9.79%, Beat. Q1 2023, reported Mar 29, 2023: actual 1.47B HKD, estimate 1.81B HKD, surprise -18.54%, Miss. Q3 2023, reported Aug 29, 2023: actual 1.32B HKD, estimate 1.21B HKD, surprise +8.69%, Beat. Q1 2024, reported Mar 26, 2024: actual 1.38B HKD, estimate 2.74B HKD, surprise -49.54%, Miss. Q3 2024, reported Aug 27, 2024: actual 1.24B HKD, estimate —, surprise —, Comparison unavailable. Q1 2025, reported Mar 27, 2025: actual 1.32B HKD, estimate —, surprise —, Comparison unavailable. Q3 2025, reported Aug 28, 2025: actual 1.33B HKD, estimate —, surprise —, Comparison unavailable. Q1 2026, reported Mar 30, 2026: actual 1.42B HKD, estimate —, surprise —, Comparison unavailable.

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