Grace Wine Holdings Limited

Grace Wine Holdings Limited

8146.HK
Grace Wine Holdings LimitedHK flagHong Kong Stock Exchange
0.40
HKD
+0.01
- -
321.14MMarket Cap
Grace Wine Holdings Limited
8146.HK
(Hong Kong Stock Exchange)

Recent

price

0.40

P/E

ratio

- -

div

yld

- -

ROIC.AI

2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
TTM
FRC
0.09
0.07
0.09
0.1
0.09
0.08
0.11
0.08
0.08
0.04
- -
0.08
Revenue per Share
0.02
0.01
- -
0.01
- -
- -
0.01
- -
0.01
-0.05
- -
0.01
Basic EPS, GAAP
0.02
0.01
0.04
0.01
0.03
- -
-0.03
-0.02
-0.05
-0.04
- -
- -
Free Cash Flow per Basic Share
- -
- -
0.03
0.01
- -
- -
- -
- -
- -
- -
- -
- -
Dividend per Share
0.13
0.14
0.12
0.14
0.13
0.12
0.13
0.13
0.14
0.09
- -
0.14
Book Value per Share
0.12
0.12
0.24
0.34
0.31
0.31
0.32
0.32
0.33
0.28
- -
0.33
Tangible Book Value per Share
800
800
800
703
800
800
800
800
801
801
- -
801
Basic Weighted Avg Shares
68
53
70
73
73
60
85
62
65
32
35
65
Sales/Revenue/Turnover
43.43
32.11
12.21
-3.35
4.4
1.95
12.38
-0.13
17.7
-18.23
-6.01
17.7
Operating Margin (%)
12
11
10
11
11
11
11
11
12
13
8
- -
Depreciation Expense
18
11
1
6
- -
-1
8
-1
10
-41
-3
10
Net Income, GAAP
31.01
33.39
87.13
- -
99.32
129.97
34.93
167.42
10.83
- -
- -
10.83
Effective Tax Rate (%)
26.83
21.15
1.58
8.5
0.04
-0.93
9.14
-0.96
15.73
-128.66
-7.51
15.73
Profit Margin (%)
20
57
115
158
151
141
105
109
114
122
113
114
Working Capital
- -
25
- -
- -
2
1
- -
20
35
61
3
35
LT Debt
111
114
204
251
254
252
260
256
267
226
169
267
Total Equity
- -
8.94
0.64
- -
0.01
-0.14
2.62
0.02
3.47
- -
- -
3.47
Return on Invested Capital (%)
- -
9.87
1.07
- -
0.03
-0.59
7.49
-0.73
7.95
- -
- -
7.95
Return on Capital (%)
- -
10.33
1.07
6.33
0.03
-0.56
7.55
-0.57
9.34
-43.72
-3.63
9.34
Return on Common Equity (%)

Capital Structure

FRC

in mil. unless spec.
Jun'23
Sep'23
Dec'23
ST Debt
10
- -
2
LT Borrowings
17
- -
33
LT Finance Leases
2
- -
2
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
801
- -
801
Market Capitalization
148
125
114

Working Capital

FRC

in mil. unless spec.
Jun'23
Sep'23
Dec'23
Total Current Assets
145
- -
140
Cash, Cash Equivalents & STI
58
- -
42
Accounts Receivable, Net
1
- -
1
Inventories
75
- -
82
Total Current Liabilities
29
- -
26
Payables & Accruals
- -
- -
- -
ST Debt
10
- -
2
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
7.05%
-6.98%
-25.35%
Free Cash Flow
164.06%
303.21%
-39.17%
Net Income, GAAP
-573.7%
-797.79%
-93.62%
Sales/Revenue/Turnover
-2.69%
-4.59%
9.41%
Total Cash Common Dividend
- -
- -
2,132.33%

Quarterly Revenue

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2023
25
11
12
16
65
2024
- -
- -
- -
- -
32
2025
- -
- -
- -
- -
35

Quarterly Earnings Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2023
0.01
- -
- -
- -
0.01
2024
- -
- -
- -
- -
-0.05
2025
- -
- -
- -
- -
- -

Quarterly Dividends Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2023
- -
- -
- -
- -
- -
2024
- -
- -
- -
- -
- -
2025
- -
- -
- -
- -
- -
Business
Grace Wine Holdings Limited (8146.HK), an investment holding company incorporated in the Cayman Islands in 1997 and headquartered in Quarry Bay, Hong Kong, engages in the production and distribution of wine, spirits, and other alcoholic products primarily in Mainland China, Hong Kong, and internationally; it operates through two segments, Production of Wines and Production of Spirits, offering a diverse portfolio of red wines including higher-end and entry-level series under the Grace Vineyard brand, white wines, sparkling wines, seasonal and special blended red wines, as well as planting and selling wine grapes from Shanxi Grace Vineyard and Ningxia Grace Vineyard, with spirits production at Fujian Dexi Winery; the company serves premium and broad consumer segments through domestic sales and strategic channels. Grace Wine Holdings Limited is a subsidiary of Macmillan Equity Limited and employs 174 staff as of December 2024. In recent developments, the company recorded RMB25.7 million in impairment losses on non-current assets tied to its spirits segment in 2024 amid market challenges; entered into conditional agreements on 5 December 2024 and 21 January 2025 with Chairlady Judy Chan to dispose of its entire distillery business via Pacific Surplus Limited for HK$71.28 million and 30% of its winery business via Epic Wealth Holdings Limited for HK$38.88 million, both approved by independent shareholders on 19 February 2025 to streamline operations and reduce debt, with proposed special dividends of HK7.802 cents and HK4.256 cents per share respectively pending completion; forged partnerships such as with Imaginist Publishing House for the "Bottle of a Year" project and Cathay Pacific for serving Cabernet Franc in Business Class; and reported revenue of RMB34.6 million for 2024, down 46.8% from prior year due to weaker demand, alongside a shift to lower-end wines and gross margin improvement to 76.1%.