Great China Holdings (Hong Kong) Limited (0021) AI Stock Analysis

• Market Cap: HK$345.85M
• Dividend Yield: N/A
• Average Volume (3M): 662.57K
• Price to Earnings (P/E): ―
• Beta (1Y): -0.11
• Revenue Growth: 1303.01%
• EPS Growth: -45.00%
• Country: HK
• Employees: 81
• Sector: Real Estate
• Sector Strength: 53
• Industry: Real Estate - Services
• EPS (TTM): -0.01
• Shares Outstanding: 3,975,233,400
• 10 Day Avg. Volume: 116,500
• 30 Day Avg. Volume: 662,570
• PEG Ratio: -0.06
• Price to Book (P/B): 0.68
• Price to Sales (P/S): 4.14
• P/FCF Ratio: -19.01
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: Hold
• Number of Analyst Covering: 0
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 54 Neutral
• Price Target: HK$0.10 ▲(0.00% Upside)

The overall stock score of 54 reflects a mixed outlook. The company's strong financial performance, particularly in revenue growth and balance sheet stability, is offset by cash flow challenges and a negative P/E ratio. Technical indicators suggest the stock may be overbought, adding caution to the outlook.

Positive Factors

Revenue Growth

The substantial revenue growth indicates strong market demand and effective business strategies, enhancing the company's market position and long-term growth potential.

Balance Sheet Health

A debt-free balance sheet provides financial stability and flexibility, allowing the company to invest in growth opportunities without the burden of debt servicing.

Profitability Recovery

The return to positive EBIT reflects improved operational efficiency and cost management, supporting sustainable profitability and business resilience.

Negative Factors

Cash Flow Challenges

Persistent negative free cash flow can strain liquidity and limit the company's ability to fund operations and growth initiatives, posing a risk to financial health.

Low Net Profit Margin

A low net profit margin indicates potential inefficiencies or high costs, which could impact long-term profitability and competitiveness if not addressed.

Operational Cash Flow Concerns

Inadequate operating cash flow may hinder the company's ability to sustain operations and invest in future growth, affecting its financial stability.

Great China Holdings (Hong Kong) Limited Business Overview & Revenue Model

Company Description

Great China Holdings (Hong Kong) Limited, an investment holding company, engages in the property development and investment business in the People's Republic of China. The company invests in, develops, and sells residential and commercial properties. It also provides property management services, as well as operates a resort. The company was formerly known as Great China Properties Holdings Limited and changed its name to Great China Holdings (Hong Kong) Limited in July 2022. Great China Holdings (Hong Kong) Limited was incorporated in 1954 and is headquartered in Wan Chai, Hong Kong.

How the Company Makes Money

Great China Holdings generates revenue primarily through the development and sale of residential and commercial properties. The company profits from property sales, leasing income from its investment properties, and development management fees. Significant revenue streams also include joint ventures and partnerships with other property developers and investors, which enable the company to share risks and capitalize on larger projects. Additionally, the company may benefit from market trends in urbanization and economic growth within Hong Kong and mainland China, influencing its earnings positively.

Great China Holdings (Hong Kong) Limited Financial Statement Overview

Summary

Great China Holdings has shown a strong revenue rebound and improved profitability metrics, with a remarkable recovery in EBIT. The balance sheet is solid, with no debt and a strong equity position. However, cash flow challenges persist, and operational cash flows need to be closely monitored to ensure liquidity and financial health.

Income Statement

The company has shown significant improvement in total revenue from the previous year, with a 456% increase. The gross profit margin was notably high at 100% in the latest year, indicating efficient cost management. However, the net profit margin is relatively low at 12.9%, suggesting higher operational costs or other expenses. The company also turned around from negative EBIT and EBITDA in 2023 to positive EBIT in 2024, which is a positive sign of operational recovery.

Balance Sheet

The company has no debt, leading to a highly favorable debt-to-equity ratio of 0. The equity ratio remains strong at approximately 38.5%, reflecting a solid equity base against total assets. Return on Equity (ROE) improved to 2.13%, indicating better utilization of equity to generate profits. Overall, the company's balance sheet is stable, with low financial leverage risk.

Cash Flow

Cash flow metrics are challenging to assess due to missing data on operational and free cash flow for the most recent year. Historically, the company has struggled with negative free cash flow, indicating cash flow management issues. The lack of positive operating cash flow in past years suggests potential liquidity challenges.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	153.43M	132.58M	23.84M	12.55M	10.02M	47.32M
Gross Profit	153.43M	40.63M	9.38M	4.86M	5.50M	14.71M
EBITDA	10.22M	9.78M	-25.27M	57.00M	-17.25M	-3.86M
Net Income	-34.60M	17.11M	-4.04M	53.02M	-47.67M	-82.48M
Balance Sheet
Total Assets	2.14B	2.09B	2.22B	2.21B	2.36B	2.26B
Cash, Cash Equivalents and Short-Term Investments	13.66M	32.76M	46.47M	589.00K	1.08M	744.00K
Total Debt	20.56M	17.35M	22.41M	1.88M	1.39M	1.44M
Total Liabilities	1.33B	1.28B	1.38B	1.31B	1.37B	1.28B
Stockholders Equity	809.07M	803.76M	841.96M	895.35M	991.01M	984.05M
Cash Flow
Free Cash Flow	-22.16M	-28.86M	-7.49M	-31.51M	-29.20M	-37.23M
Operating Cash Flow	-12.87M	-19.57M	102.00K	-30.53M	-26.39M	-32.70M
Investing Cash Flow	-13.37M	-8.79M	-20.13M	-472.00K	-5.47M	-11.01M
Financing Cash Flow	13.40M	20.50M	34.50M	30.59M	32.18M	39.68M

Great China Holdings (Hong Kong) Limited Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 0.10
• 50DMA: Positive
• 100DMA: Negative
• 200DMA: Negative
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For HK:0021, the sentiment is Negative. The current price of 0.1 is below the 20-day moving average (MA) of 0.10, above the 50-day MA of 0.10, and below the 200-day MA of 0.12, indicating a neutral trend. The MACD of <0.01 indicates Positive momentum. The RSI at 49.36 is Neutral, neither overbought nor oversold. The STOCH value of 37.19 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for HK:0021.

Great China Holdings (Hong Kong) Limited Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
Sector *	65 Neutral	$2.17B	12.19	3.79%	4.94%	3.15%	1.96%
0225	58 Neutral	HK$647.85M	-1.27	-10.79%	6.00%	-4.53%	-22.06%
0021	54 Neutral	HK$345.85M	-10.00	-4.27%	―	1303.01%	-45.00%
0089	51 Neutral	HK$661.64M	-1.75	-4.58%	3.48%	-4.31%	19.29%
0655	49 Neutral	€599.48M	―	-6.19%	3.39%	1.62%	-63.95%
0277	42 Neutral	HK$390.90M	-7.18	0.63%	1.20%	-8.52%	―

Great China Holdings (Hong Kong) Limited Corporate Events

Great China Holdings Reports Revenue Surge but Faces Net Loss in H1 2025

Great China Holdings (Hong Kong) Limited announced its unaudited interim results for the six months ending June 30, 2025. The company reported a significant increase in revenue to HK$26,026,000 from HK$5,180,000 in the same period of 2024, but faced a net loss of HK$43,586,000 due to increased administrative expenses and foreign exchange losses. Despite the loss, the company experienced a positive total comprehensive income of HK$5,306,000, attributed to favorable exchange differences on foreign operations.

Great China Holdings Issues Profit Warning Amid Exchange Losses

Great China Holdings (Hong Kong) Limited has issued a profit warning, indicating a significant financial downturn for the first half of 2025. The company expects to report a loss of approximately HK$42 million to HK$44 million, a stark contrast to the HK$8.12 million profit recorded in the same period last year. This loss is primarily due to an exchange loss of around HK$27 million, compared to an exchange gain of HK$19.39 million in the previous year. The company’s interim results are still being finalized and will be released around August 25, 2025.