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JY Grandmark Holdings Limited ( (HK:2231) ) just unveiled an update.
JY Grandmark Holdings Limited has provided an update on the disclaimer of opinion issued by its auditors on the group’s 2024 consolidated financial statements, which highlighted multiple uncertainties casting significant doubt on its ability to continue as a going concern. While the board maintained that it was appropriate to prepare the 2024 accounts on a going concern basis, based on cash flow projections extending at least 12 months from year-end, unaudited management accounts show the group recorded a negative net cash flow of about RMB119.8 million for the eleven months to 30 November 2025, driven by continued market decline, weak demand, sluggish sales and tighter industry financing, underscoring ongoing liquidity pressures and prompting the company to caution shareholders and potential investors about relying on unaudited figures and to exercise care when trading its shares.
The most recent analyst rating on (HK:2231) stock is a Sell with a HK$0.07 price target. To see the full list of analyst forecasts on JY Grandmark Holdings Limited stock, see the HK:2231 Stock Forecast page.
More about JY Grandmark Holdings Limited
JY Grandmark Holdings Limited is a Hong Kong-listed company incorporated in the Cayman Islands, operating through a group structure. It is engaged in property-related activities in mainland China and Hong Kong, operating in a market currently characterised by declining demand, sluggish sales and tightening financing conditions across the real estate sector.
Average Trading Volume: 320,404
Technical Sentiment Signal: Sell
Current Market Cap: HK$111.9M
See more data about 2231 stock on TipRanks’ Stock Analysis page.