1. Hong Kong Stocks

  2. •

    Finance

  3. •

    Real estate development
Zhuguang Holdings Group Co., Ltd.

Zhuguang Holdings Group Co., Ltd.

HHKEX:1176
0.02
HKD
+0.00
(-6.25%)
424.83MMarket Cap
2013 Y
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
0.07
0.63
0.65
0.4
0.43
0.42
0.57
0.92
0.41
0.39
0.32
0.21
0.16
- -
Basic EPS, GAAP
-0.23
0.04
0.12
-0.04
0.03
- -
0.1
0.31
0.01
-0.14
-0.11
-0.45
-0.7
- -
Free Cash Flow per Basic Share
-0.13
-0.27
-0.12
-0.06
-0.12
-0.25
-0.19
-0.19
0.19
0.32
0.26
0.08
-0.03
- -
Dividend per Share
- -
- -
- -
- -
- -
- -
- -
- -
0.1
0.02
- -
- -
- -
- -
Book Value per Share
0.72
0.64
0.72
0.7
0.76
1.05
1.04
1.3
1.24
1
0.88
0.37
-0.33
-0.33
Tangible Book Value per Share
0.7
0.62
0.71
0.68
0.74
1
1
1.27
1.23
1
0.87
0.37
-0.34
-0.34
Basic Weighted Avg Shares
3,996
4,645
5,061
4,773
6,424
6,424
7,192
7,194
7,212
7,226
7,226
7,521
8,851
8,851
Sales/Revenue/Turnover
281
2,920
3,293
1,908
2,767
2,705
4,075
6,625
2,985
2,839
2,304
1,586
1,391
- -
Operating Margin (%)
-37.31
34.15
7.13
30.41
28.67
23.19
41.57
41.7
58.93
51.72
48.35
59.46
72.28
- -
Depreciation Expense
3
5
7
9
8
7
6
12
17
45
21
21
19
- -
Net Income, GAAP
-939
180
591
-176
174
5
747
2,242
71
-997
-815
-3,412
-6,187
- -
Effective Tax Rate (%)
- -
80.3
60.35
172.71
62.04
85.12
46.5
33.33
75.41
- -
- -
- -
- -
- -
Profit Margin (%)
-334.18
6.17
17.96
-9.2
6.3
0.17
18.34
33.85
2.38
-35.13
-35.38
-215.19
-444.91
- -
Working Capital
6,453
11,011
7,306
10,130
12,819
7,919
6,239
2,720
14,955
9,729
-5,416
-10,812
-13,611
-13,611
LT Debt
3,058
6,242
4,703
7,084
9,586
9,660
14,169
9,085
11,573
8,938
5,337
199
3
3
Total Equity
3,732
3,845
4,166
4,806
5,183
6,848
7,564
9,419
9,076
7,352
6,364
3,259
-2,937
-2,937
Return on Invested Capital (%)
- -
2.37
0.95
-5.35
2.8
1.13
5.41
9.98
1.56
- -
- -
- -
- -
- -
Return on Capital (%)
- -
2.55
8.58
-6.04
3.87
0.55
6.1
12.53
1.48
- -
- -
- -
- -
- -
Return on Common Equity (%)
-33.47
5.37
16.43
-4.24
3.74
0.08
10.53
26.72
0.78
-12.32
-12
-70.97
- -
- -

Capital Structure

HKD

•

in mil. unless spec.
Dec'24
Jun'25
Dec'25
ST Debt
13,746
14,210
15,256
LT Borrowings
199
269
- -
LT Finance Leases
- -
- -
3
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
8,851
8,851
8,851
Market Capitalization
805
593
425

Working Capital

HKD

•

in mil. unless spec.
Dec'24
Jun'25
Dec'25
Total Current Assets
16,643
16,507
16,900
Cash, Cash Equivalents & STI
33
26
30
Accounts Receivable, Net
1,143
1,066
1,111
Inventories
12,726
12,531
13,771
Total Current Liabilities
27,455
27,870
30,511
Payables & Accruals
- -
- -
- -
ST Debt
13,746
14,210
15,256
Deferred Revenue
- -
- -
- -

Growth Rates

HKD

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
-18.47%
-54.99%
-190.1%
Free Cash Flow
-13.81%
-70.83%
-143.08%
Net Income, GAAP
1,429.57%
-243.84%
81.33%
Sales/Revenue/Turnover
-0.82%
-24.43%
-12.3%
Total Cash Common Dividend
- -
- -
- -

Semi-annual Revenue

HKD

•

in mil. unless spec.

Year

H1
H2
FY
2023
- -
- -
2,304
2024
- -
- -
1,586
2025
- -
- -
1,391

Semi-annual Earnings Per Share

HKD

•

in mil. unless spec.

Year

H1
H2
FY
2023
- -
- -
-0.11
2024
- -
- -
-0.45
2025
- -
- -
-0.7

Semi-annual Dividends Per Share

HKD

•

in mil. unless spec.

Year

H1
H2
FY
2023
- -
- -
- -
2024
- -
- -
- -
2025
- -
- -
- -

Company Description

Company Profile APIChatGPT
CEO
Jie Liu
Full Time Employees
535
Sector
Finance
Industry
Real estate development
Address
Room 8106B Hong Kong Hong Kong
IPO Date
Dec 9, 1996
Website
zhuguang.com.hk
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Business
Zhuguang Holdings Group Company Limited (1176.HK) is an investment holding company principally engaged in property development, project management services, and property investment and hotel operations primarily in Mainland China. The company develops residential, commercial, and mixed-use properties including projects such as Tianhu Yujing, Pearl Yijing, and Central Park; provides project management services for property development and urban redevelopment initiatives; invests in rental properties; and operates hotels, with a land bank featuring gross floor area available for sale and pre-sold units pending delivery as of mid-2025. Founded in 1996 and headquartered in Kowloon, Hong Kong, with its registered office in Bermuda, Zhuguang operates through segments generating revenue from project management (HK$1.14 billion in 2024), property development (HK$243 million in 2024), and property investment and hotel operations (HK$198 million in 2024), targeting urban renewal and premium property markets in regions like Guangdong and Hebei provinces as a subsidiary of Rong De Investment Limited. In recent developments, the company announced in November 2025 the disposal of its 29.50% equity interest in Silver Grant International Holdings Group Limited, originally acquired in 2018 to enhance real estate synergies; continues strategic collaborations with partners, financial institutions, and government agencies to bolster its urban renewal expertise and land acquisition efforts; and expanded its business scope in June 2025 to include enterprise headquarters operations amid state-owned asset restructuring in Zhuhai involving integration into the Zhuguang Group system.