The Cross-Harbour (Holdings) Limited

The Cross-Harbour (Holdings) Limited

0032.HK
The Cross-Harbour (Holdings) LimitedHK flagHong Kong Stock Exchange
7.95
HKD
+0.03
- -
2.96BMarket Cap
The Cross-Harbour (Holdings) Limited
0032.HK
(Hong Kong Stock Exchange)

Recent

price

7.95

P/E

ratio

- -

div

yld

- -

ROIC.AI

2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
FRC
0.64
0.68
0.76
0.78
0.92
1.07
1.16
1.24
1.72
1.87
2.04
1.88
1.88
2.35
2.62
2.49
Revenue per Share
1.01
0.65
1.08
1.18
1.27
1.66
1.1
3.17
1.2
1.95
1.95
-0.13
-1.19
1.4
1.17
1.94
Basic EPS, GAAP
-0.23
0.08
-0.13
0.21
0.18
0.13
0.24
0.1
-0.04
0.18
0.55
0.25
0.36
0.86
0.13
0.13
Free Cash Flow per Basic Share
0.35
0.31
0.3
0.3
0.3
0.33
0.35
0.35
0.39
0.4
0.42
0.42
0.42
0.36
0.48
0.42
Dividend per Share
1
1.02
1
1
4.37
4.37
4.37
4.37
17.13
18.69
4.37
19.94
18.32
19.3
20.04
4.37
Book Value per Share
8.54
8.44
9.45
10.32
11.36
13.21
13.71
17.35
18.91
20.13
24.95
20.23
18.9
19.89
20.62
22.18
Tangible Book Value per Share
353
366
373
373
373
373
373
373
373
373
373
373
373
373
373
373
Basic Weighted Avg Shares
227
247
284
290
344
397
431
462
641
696
761
700
700
875
977
930
Sales/Revenue/Turnover
34.95
22.13
25.57
28.18
28.08
26.8
24.14
21.7
36.75
33.14
44.71
35.64
35.91
34.64
33.28
32.69
Operating Margin (%)
21
17
18
21
21
27
36
39
41
104
96
89
74
92
114
116
Depreciation Expense
359
239
404
440
472
620
410
1,180
447
727
725
-49
-445
520
435
724
Net Income, GAAP
2.4
4.1
5.12
2.73
4.14
2.71
5.4
6.68
- -
3.11
4.2
69.29
- -
11.91
8.11
5.96
Effective Tax Rate (%)
157.97
96.41
142.22
151.53
137.31
155.96
95.23
255.65
69.8
104.51
95.36
-7.04
-63.64
59.41
44.49
77.83
Profit Margin (%)
712
743
697
1,155
1,726
2,223
2,886
3,996
3,000
4,037
3,838
3,480
2,990
3,017
3,399
4,093
Working Capital
156
162
184
206
229
253
279
273
- -
116
64
27
12
270
196
106
LT Debt
3,019
3,091
3,522
3,847
4,234
4,925
5,109
6,467
7,049
7,503
9,299
7,538
7,044
7,413
7,684
8,268
Total Equity
2.35
1.54
1.93
2.04
2.17
2.15
1.86
1.54
- -
2.96
3.8
0.9
- -
3.6
3.79
3.47
Return on Invested Capital (%)
28.04
28.65
51.03
60.4
32.76
29.03
18.08
55.5
- -
9.74
14.4
-2.38
- -
6.22
4.66
13.15
Return on Capital (%)
40.64
65.69
108.35
118.11
47.17
38.04
25.19
72.42
11.16
10.9
16.88
-1.09
-6.24
7.42
5.93
15.9
Return on Common Equity (%)

Capital Structure

FRC

in mil. unless spec.
No data availableFinancial data will appear here once available

Working Capital

FRC

in mil. unless spec.
No data availableFinancial data will appear here once available

Growth Rates

FRC

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
6.07%
-1.8%
7.6%
Free Cash Flow
-36.15%
8.93%
-1.34%
Net Income, GAAP
68.46%
106.13%
66.52%
Sales/Revenue/Turnover
- -
- -
-4.81%
Total Cash Common Dividend
3.1%
1.44%
-11.5%

Quarterly Revenue

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2023
- -
- -
- -
- -
875
2024
- -
- -
- -
- -
977
2025
- -
- -
- -
- -
930

Quarterly Earnings Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2023
- -
- -
- -
- -
1.4
2024
- -
- -
- -
- -
1.17
2025
- -
- -
- -
- -
1.94

Quarterly Dividends Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2023
- -
- -
- -
- -
0.36
2024
- -
- -
- -
- -
0.48
2025
- -
- -
- -
- -
0.42
Business
The Cross-Harbour (Holdings) Limited is an investment holding company principally engaged in motoring school operations, electronic toll collection services, treasury management, and securities investment in Hong Kong. Incorporated in 1965 and headquartered in Wan Chai, Hong Kong, the company lists its shares on the main board of The Stock Exchange of Hong Kong (stock code: 0032.HK); its immediate holding company is Rose Dynamics Limited and ultimate holding company is Windsor Dynasty Limited, both incorporated in the British Virgin Islands. The motoring school operations segment, conducted through 70%-owned subsidiary Hong Kong School of Motoring Limited (operating as Alpha Hero Group), provides driving training courses for private cars, light and medium goods vehicles, motorcycles, and commercial vehicles at designated training centers; the electronic toll operations segment, through 50%-owned joint venture Autotoll (BVI) Limited, offers toll collection services for the HKeToll free-flow tolling system, telematics services, intelligent transportation and surveillance system solutions, and smart city services; the treasury management segment manages a diversified investment portfolio comprising unlisted funds (53 as of June 2025), listed and unlisted equity securities, debt securities, interest-bearing instruments, and cash and bank deposits to generate dividend income, interest revenue, and fair value gains. In April 2025, a wholly-owned subsidiary subscribed to two new unlisted funds with a total capital commitment of US$100 million to diversify the investment portfolio and support long-term growth; in October 2025, another wholly-owned subsidiary disposed of limited partnership interests in certain funds to Portfolio Advisors and Industry Ventures Tech Buyout II L.P. for approximately US$14.4 million (initial valuation US$11.6781 million, subject to adjustments), classified as a discloseable transaction; the company reported unaudited profit attributable to shareholders of HK$519.1 million for the six months ended June 2025, up 120.7% from HK$235.2 million in the prior year, driven by net fair value gains of HK$369.5 million on financial assets at fair value through profit or loss (primarily listed equity securities and unlisted funds) and treasury contributions; the Western Harbour Tunnel operations, previously through a 50%-owned associate, concluded as a discontinued operation following franchise expiry in August 2023, with liquidation expected by October 2025.