KRP Development Holdings Limited
2421.HK
Hong Kong Stock Exchange0.62
HKD
+0.02
- -
ISIN
KYG5319W1078
Return %
Stock
S&P500
1Y
- -
25.26
3Y
-48.33
70.56
5Y
-61.25
77.85
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
•
in mil. unless spec.Growth Rates
FRC
•
in mil. unless spec.Quarterly Revenue
FRC
•
in mil. unless spec.Quarterly Earnings Per Share
FRC
•
in mil. unless spec.Quarterly Dividends Per Share
FRC
•
in mil. unless spec.- CEO
- Man Chung
- Full Time Employees
- 65
- Sector
- Real Estate
- Industry
- Real Estate - Development
- Address
- Shop 426, Jialehui Shopping Centre Hong Kong Hong Kong
- IPO Date
- Mar 23, 2023
- Website
- krpd.com.hk
- Similar Companies
- Business
- KRP Development Holdings Limited (Ticker: 2421.HK) is a China-based developer focused on the development and sale of residential real estate, primarily in Dongguan, Huizhou, and Foshan, with activities spanning land acquisition and transformation, site planning, land preparation and improvement, design, construction, and marketing of homes; it operates through multiple residential product lines and seeks to expand its portfolio beyond core housing into integrated community developments that incorporate tourism, culture, and non-residential components. The company is headquartered in Dongguan, China, and was founded in 2013; it operates as an independent property developer with a regional footprint in the Pearl River Delta region and within Mainland China. Its core products and services include land acquisition and transformation; master planning and site development; architectural design and urban planning; construction and project management; and residential marketing and sales for villas and mansion-style homes, along with related ancillary services such as cultural-tourism integration and livelihood facility enhancements within nearby districts. Recent major changes include strategic partnerships and alliances aimed at expanding its business portfolio and diversifying income sources, targeted expansions into non-residential and cultural-tourism oriented spaces, and updates to its business model to align with market trends and consumption upgrades; these changes are reflected in 2025–2026 disclosures and announcements regarding portfolio diversification, new revenue streams, and organizational adjustments. The company’s geographic operations are concentrated in Mainland China, with a focus on the Dongguan-Huizhou-Foshan corridor in Guangdong Province, and it maintains relationships with local authorities and contractors to execute residential development projects; it may have subsidiaries or related-party arrangements associated with its parent or related holding structures. The business segments emphasize residential property development and sale, including villas and mansion series, with potential exposure to ancillary commercial and cultural-tourism facilities within integrated community developments; its ownership structure and corporate governance reflect common practices for property developers listed in Hong Kong, with disclosures and annual reporting aligned to HKEX requirements. The latest publicly disclosed changes center on expanding the group's income sources through new development models, non-residential space development, and initiatives to strengthen overall portfolio quality and diversification in the face of evolving housing demand and urban development trends. [Sources: company profiles and market disclosures covering 2421.HK and related announcements]