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Sino Golf Holdings Limited
(0361)
Sino Golf Holdings Limited (0361) vs. iShares MSCI Hong Kong ETF (EWH)
Sino Golf Holdings Limited Business Overview & Revenue Model
Sino Golf Holdings Limited Financial Statement Overview
| Breakdown | TTM | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 222.60M | 262.77M | 216.56M | 479.42M | 418.48M | 221.06M |
| Gross Profit | 60.91M | 68.59M | 48.18M | 85.41M | 60.04M | 35.78M |
| EBITDA | -169.00K | 11.62M | 6.15M | 23.00M | 4.10M | 10.17M |
| Net Income | -16.21M | -2.36M | -18.54M | -15.95M | -23.67M | -19.54M |
Balance Sheet | ||||||
| Total Assets | 379.46M | 399.97M | 388.33M | 488.61M | 557.51M | 558.52M |
| Cash, Cash Equivalents and Short-Term Investments | 112.24M | 118.98M | 111.97M | 141.16M | 122.73M | 113.79M |
| Total Debt | 125.92M | 120.35M | 117.21M | 185.92M | 189.03M | 192.54M |
| Total Liabilities | 166.46M | 172.36M | 158.06M | 239.25M | 289.80M | 267.31M |
| Stockholders Equity | 210.27M | 224.88M | 227.54M | 246.64M | 264.99M | 288.47M |
Cash Flow | ||||||
| Free Cash Flow | 2.69M | 4.52M | 40.26M | 18.96M | 29.08M | -19.26M |
| Operating Cash Flow | 4.21M | 8.75M | 41.73M | 20.67M | 30.82M | -13.10M |
| Investing Cash Flow | -1.45M | -1.86M | 674.00K | -1.25M | -1.62M | 2.23M |
| Financing Cash Flow | -15.63M | -3.52M | -71.67M | -9.28M | -29.42M | 4.84M |
Sino Golf Holdings Limited Technical Analysis
Sino Golf Holdings Limited Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
61 Neutral | $18.38B | 12.79 | -2.54% | 3.03% | 1.52% | -15.83% | |
59 Neutral | HK$477.90M | 32.93 | 1.28% | 13.73% | -44.36% | -93.64% | |
55 Neutral | HK$1.03B | -2.42 | -8.58% | 9.09% | -39.71% | -74.16% | |
51 Neutral | HK$497.36M | -27.74 | -7.42% | ― | -5.36% | -63.16% | |
50 Neutral | HK$317.61M | -1.40 | -37.46% | 4.17% | -13.08% | -21.27% | |
50 Neutral | HK$142.24M | -200.00 | -0.11% | 8.62% | -8.31% | -108.70% | |
43 Neutral | HK$113.17M | -1.51 | -19.89% | ― | 84.26% | 44.41% |
Sino Golf Holdings Limited Corporate Events
Shareholders of Sino Golf Holdings Limited have overwhelmingly approved a special resolution at a special general meeting on 13 January 2026 to change the company’s English name to Hanfort Development Holdings Limited and its Chinese name to 漢成發展控股有限公司, subject to final approval from the Registrar of Companies in Bermuda. The resolution, passed by poll with 100% of the 3.26 billion votes cast in favour and no votes against, authorises any director to take all necessary steps and regulatory filings in Bermuda and Hong Kong to implement the name change, signalling a formal rebranding that may precede or reflect a strategic repositioning of the listed group in the market.
The most recent analyst rating on (HK:0361) stock is a Hold with a HK$0.12 price target. To see the full list of analyst forecasts on Sino Golf Holdings Limited stock, see the HK:0361 Stock Forecast page.
DoThink Investment Limited and Sino Golf Holdings Limited announced the close of the mandatory unconditional cash offer to acquire all issued shares of Sino Golf not already owned by DoThink’s concert group, with the offer closing on 24 December 2025 without revision or extension. The offer received limited uptake, with valid acceptances for 760,000 shares, representing about 0.013% of the company’s issued share capital and resulting in total cash consideration of HK$22,040, which will be settled within seven business days of valid documentation. Following completion, DoThink’s concert group will hold approximately 55.577% of Sino Golf’s issued shares, a marginal increase from 55.564%, leaving the company’s overall ownership structure and control largely unchanged while confirming continued majority control by the Offeror’s concert group.
The most recent analyst rating on (HK:0361) stock is a Hold with a HK$0.11 price target. To see the full list of analyst forecasts on Sino Golf Holdings Limited stock, see the HK:0361 Stock Forecast page.
Sino Golf Holdings Limited has announced the resignation of four board members in connection with a previously disclosed takeover offer and planned board changes. Executive director Wong Hin Shek and independent non-executive directors Sheng Baojun, Ho Kwong Yu and Lin Lin have all stepped down with effect immediately after the publication of the announcement on 24 December 2025, with each confirming there is no disagreement with the board or other matters requiring shareholder or exchange attention. The board expressed gratitude for their contributions, and the reshuffle marks a significant step in the company’s transition under its new ownership structure, signalling a potential shift in future governance and strategic direction.
The most recent analyst rating on (HK:0361) stock is a Hold with a HK$0.11 price target. To see the full list of analyst forecasts on Sino Golf Holdings Limited stock, see the HK:0361 Stock Forecast page.
Sino Golf Holdings Limited has announced the current composition of its board of directors and the allocation of roles across its three key governance committees. Executive director and chairman Liu Jincheng leads the Board and serves as a member of the Nomination Committee, while non-executive director Sun Xiongfei sits on the Audit Committee. Independent non-executive directors Choi Sum Shing Samson, Jiang Haiyan and Wu Weifeng take on critical oversight roles, chairing or serving on the Audit, Remuneration and Nomination Committees, which underscores the company’s emphasis on independent governance, regulatory compliance and structured board oversight for stakeholders.
The most recent analyst rating on (HK:0361) stock is a Hold with a HK$0.11 price target. To see the full list of analyst forecasts on Sino Golf Holdings Limited stock, see the HK:0361 Stock Forecast page.
Sino Golf Holdings Limited has called a special general meeting (SGM) to be held in Hong Kong on 13 January 2026, where shareholders will vote on a proposal to change the company’s English name to Hanfort Development Holdings Limited and adopt a new Chinese secondary name, 漢成發展控股有限公司, subject to approval by the Bermuda Registrar of Companies. The move signals a rebranding of the listed group, with directors being authorised to handle all requisite filings and registrations in Bermuda and Hong Kong, while shareholders are advised of proxy arrangements and a temporary closure of the share register to determine eligibility to attend and vote at the SGM, underlining the procedural importance of the decision for corporate identity and future positioning.
The most recent analyst rating on (HK:0361) stock is a Hold with a HK$0.11 price target. To see the full list of analyst forecasts on Sino Golf Holdings Limited stock, see the HK:0361 Stock Forecast page.
Sino Golf Holdings Limited has announced significant changes in its board of directors and company structure. The company has appointed Mr. Liu Jincheng as the new executive director and chairman of the board, along with other new appointments and redesignations in non-executive and independent non-executive director roles. These changes are part of a strategic move to enhance the company’s leadership and governance, potentially impacting its market positioning and stakeholder relationships.
The most recent analyst rating on (HK:0361) stock is a Hold with a HK$0.11 price target. To see the full list of analyst forecasts on Sino Golf Holdings Limited stock, see the HK:0361 Stock Forecast page.
Sino Golf Holdings Limited has announced the composition of its board of directors, which includes executive, non-executive, and independent non-executive directors. The announcement also details the membership of the board committees, highlighting the roles and functions of each director. This update on the board’s structure may impact the company’s governance and strategic direction, potentially influencing stakeholder confidence and operational efficiency.
The most recent analyst rating on (HK:0361) stock is a Hold with a HK$0.11 price target. To see the full list of analyst forecasts on Sino Golf Holdings Limited stock, see the HK:0361 Stock Forecast page.
Sino Golf Holdings Limited, in conjunction with DoThink Investment Limited, has announced the dispatch of a Composite Document related to a mandatory unconditional cash offer. This offer, facilitated by CCBI on behalf of the Offeror, aims to acquire all issued shares not already owned by the Offeror’s concert group. The document includes details of the offer, recommendations from the Independent Board Committee, and advice from the Independent Financial Adviser. The offer is open for acceptance starting December 3, 2025, with a closing date set for December 24, 2025.
The most recent analyst rating on (HK:0361) stock is a Hold with a HK$0.11 price target. To see the full list of analyst forecasts on Sino Golf Holdings Limited stock, see the HK:0361 Stock Forecast page.
Sino Golf Holdings Limited and DoThink Investment Limited have announced a further delay in the dispatch of the Composite Document related to a mandatory unconditional cash offer by DoThink to acquire all issued shares of Sino Golf Holdings. The delay, now extended to December 3, 2025, is necessary to finalize the document’s content, including input from the Independent Financial Adviser. This extension may impact stakeholders as it prolongs the timeline for the acquisition process, requiring shareholders and potential investors to exercise caution.
Sino Golf Holdings Limited has announced the issuance of 650,000,000 new shares to DoThink Investment Limited following the exercise of conversion rights. This development increases the total number of shares in issue to 5,851,250,000. The announcement also serves as a reminder for associates to disclose their dealings in the company’s securities during the offer period, as per the Hong Kong Code on Takeovers and Mergers.
Sino Golf Holdings Limited has completed a significant transaction involving the sale and purchase of shares and convertible bonds with DoThink Investment Limited. This transaction has resulted in DoThink Investment Limited acquiring a majority stake in Sino Golf Holdings, holding approximately 55.564% of the company’s shares post-conversion. This acquisition could potentially impact Sino Golf’s market positioning and influence its strategic direction, affecting stakeholders and future operations.