G 
Guangdong Hong Kong Greater Bay Area Holdings 1396.HK · HKD
Real Estate · HKEX · 🇭🇰 Hong Kong
8.41
-0.12%
Close of 9 Nov 2026, in HKD
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Reference data, closing prices and charts across 45,000 companies, plus crypto, commodities and currencies.
At a glance
Figures in CNY, from our data supplier.
Revenue
CN¥1.17bn
FY2016FY2025
Net income
CN¥85.2m
FY2016FY2025
Free cash flow
CN¥410.0m
FY2016FY2025
Shareholders' equity
CN¥4.60bn
FY2016FY2025
Income statement
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | CN¥1.17bn | CN¥3.04bn | CN¥4.12bn | CN¥3.69bn | CN¥6.50bn | CN¥4.36bn | CN¥1.85bn | CN¥3.31bn | CN¥2.09bn | CN¥2.72bn |
| Operating income | CN¥241.8m | −CN¥1.65bn | −CN¥885.4m | −CN¥735.9m | −CN¥102.7m | CN¥1.12bn | −CN¥72.6m | CN¥864.6m | CN¥1.14bn | CN¥1.09bn |
| Net income | CN¥85.2m | −CN¥2.14bn | −CN¥1.42bn | −CN¥1.83bn | −CN¥581.3m | CN¥420.6m | −CN¥323.3m | CN¥124.8m | CN¥286.4m | CN¥408.5m |
| Diluted earnings per share | 0.06 | -3.37 | -3.12 | -4.04 | -1.28 | 0.09 | -0.08 | 0.31 | 0.71 | 1.02 |
Balance sheet
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | CN¥14.73bn | CN¥14.76bn | CN¥21.25bn | CN¥26.48bn | CN¥27.84bn | CN¥22.13bn | CN¥17.32bn | CN¥16.99bn | CN¥17.26bn | CN¥18.02bn |
| Cash and short-term investments | CN¥435.5m | CN¥186.3m | CN¥206.2m | CN¥91.1m | CN¥1.60bn | CN¥2.09bn | CN¥1.83bn | CN¥1.31bn | CN¥1.60bn | CN¥1.13bn |
| Total liabilities | CN¥10.09bn | CN¥14.64bn | CN¥18.63bn | CN¥22.38bn | CN¥21.24bn | CN¥15.30bn | CN¥11.54bn | CN¥10.84bn | CN¥11.18bn | CN¥12.06bn |
| Debt | CN¥2.14bn | CN¥5.80bn | CN¥6.22bn | CN¥7.52bn | CN¥5.65bn | CN¥3.17bn | CN¥3.19bn | CN¥2.99bn | CN¥3.76bn | CN¥4.31bn |
| Shareholders' equity | CN¥4.60bn | CN¥453.8m | CN¥2.61bn | CN¥3.99bn | CN¥5.93bn | CN¥6.52bn | CN¥5.75bn | CN¥6.11bn | CN¥6.05bn | CN¥5.70bn |
| Shares outstanding | 1,358m | 635m | 454m | 454m | 454m | 4,537m | 4,015m | 401m | 401m | 401m |
Cash flow
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operations | CN¥441.3m | CN¥1.10bn | CN¥1.69bn | −CN¥1.04bn | −CN¥4.14bn | CN¥683.9m | CN¥621.2m | CN¥673.6m | CN¥294.9m | −CN¥329.9m |
| Capital spending | −CN¥31.3m | −CN¥1.1m | −CN¥26,820 | −CN¥1.4m | −CN¥53.7m | −CN¥10.1m | −CN¥19.6m | −CN¥12.6m | −CN¥33.9m | −CN¥41.4m |
| Free cash flow | CN¥410.0m | CN¥1.10bn | CN¥1.69bn | −CN¥1.04bn | −CN¥4.19bn | CN¥673.8m | CN¥601.6m | CN¥660.9m | CN¥261.0m | −CN¥371.3m |
| Dividends paid | — | — | — | — | — | — | — | — | — | −CN¥60.0m |
Latest quarters
By quarter end
| Jun 2026 | Dec 2025 | Jun 2025 | Dec 2024 | Jun 2024 | Dec 2023 | Jun 2023 | Dec 2022 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | CN¥2.94bn | CN¥902.9m | CN¥266.2m | CN¥2.03bn | CN¥1.00bn | CN¥2.22bn | CN¥1.89bn | CN¥2.15bn |
| Operating income | CN¥598.8m | −CN¥1.00bn | CN¥1.25bn | −CN¥630.8m | −CN¥1.12bn | −CN¥74.7m | −CN¥546.4m | −CN¥287.3m |
| Net income | CN¥316.4m | −CN¥1.04bn | CN¥1.13bn | −CN¥940.2m | −CN¥1.20bn | −CN¥648.0m | −CN¥768.6m | −CN¥904.1m |
| Diluted earnings per share | 0.20 | -0.77 | 0.83 | -1.48 | -1.89 | -1.43 | -1.69 | -1.99 |
| Cash from operations | — | CN¥9.0m | CN¥222.0m | CN¥391.0m | CN¥707.0m | CN¥904.0m | CN¥786.0m | −CN¥218.0m |
| Capital spending | — | −CN¥30.0m | — | — | — | — | — | — |
| Free cash flow | — | −CN¥21.0m | — | — | — | — | — | — |
| Total assets | CN¥19.60bn | CN¥14.73bn | CN¥6.83bn | CN¥14.76bn | CN¥19.07bn | CN¥21.25bn | CN¥22.98bn | CN¥26.48bn |
| Cash and short-term investments | CN¥1.41bn | CN¥435.5m | CN¥715.8m | CN¥186.3m | CN¥184.7m | CN¥206.2m | CN¥169.3m | CN¥91.1m |
| Debt | CN¥2.48bn | CN¥2.14bn | CN¥495.7m | CN¥6.68bn | CN¥7.17bn | CN¥7.62bn | CN¥8.11bn | CN¥9.29bn |
| Shareholders' equity | CN¥5.16bn | CN¥4.60bn | CN¥3.56bn | CN¥453.8m | CN¥1.41bn | CN¥2.61bn | CN¥3.15bn | CN¥3.99bn |
Financial ratios
Data as of 12 Oct 2026
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | |
|---|---|---|---|---|---|---|
| Operating margin | -105.5% | -54.2% | -23.8% | -19.9% | -1.6% | 26.3% |
| Net margin | 7.3% | -70.5% | -34.4% | -49.6% | -8.9% | 9.7% |
| Return on equity | 1.9% | -471.5% | -54.3% | -45.9% | -9.8% | 6.4% |
| Return on assets | 0.6% | -14.5% | -6.7% | -6.9% | -2.1% | 1.9% |
| Free cash flow yield | 2.7% | 13.3% | 28.5% | -17.5% | -68.9% | 1.2% |
| Revenue growth | -61.5% | -26.3% | 11.4% | -43.1% | 49.1% | 136.0% |
| Earnings growth | -104.0% | 51.0% | -22.7% | 215.3% | -238.2% | -230.1% |
| Current ratio | 1.05x | 1.41x | 1.39x | 1.40x | 1.62x | 1.23x |
| Debt to equity | 0.47x | 14.72x | 2.92x | 2.20x | 1.11x | 0.56x |
| Equity ratio | 31.2% | 3.1% | 12.3% | 15.1% | 21.3% | 29.5% |
| Interest coverage | -13.61x | -36.16x | -4.54x | -1.88x | -0.33x | 3.81x |
| Buybacks as a share of market value | -113.8% | -40.0% | 0.0% | -0.0% | 90.0% | -13.0% |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Revenue | -31.9% | -23.1% | -10.9% |
| Operating income | — | -26.5% | -17.1% |
| Net income | — | -27.3% | -18.4% |
Average margins
Over each period
| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Operating margin | -33.4% | -25.2% | -8.8% | 7.1% |
| Net margin | -48.9% | -44.1% | -23.9% | -11.8% |
Valuation history
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Price to earnings | 67.2 | -0.0 | -0.1 | -0.1 | -1.7 | 23.9 | -28.6 | 7.8 | 5.7 | 2.8 |
| Price to sales | 4.9 | 0.0 | 0.0 | 0.1 | 0.1 | 2.3 | 5.0 | 0.3 | 0.8 | 0.4 |
Dividends and splits
Per share, in the currency the company pays
Paid for 0 years. Last went ex-dividend on 17 May 2016.
| FY2016 | FY2015 | FY2014 | |
|---|---|---|---|
| Paid in the year | 0.15 | 0.60 | 1.95 |
- 10-to-1 reverse split · 27 Sept 2022
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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