Royale Home Holdings Limited

Royale Home Holdings Limited

HHKEX:1198
0.19
HKD
-0.01
(-4.00%)
714.32MMarket 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
0.48
0.42
0.29
0.33
0.33
0.32
0.3
0.39
0.49
0.59
0.33
0.21
0.15
- -
Basic EPS, GAAP
-0.22
-0.07
-0.04
0.02
0.02
0.02
0.02
0.2
0.02
- -
-0.15
-0.13
-0.24
- -
Free Cash Flow per Basic Share
-0.09
-0.07
-0.05
0.04
-0.01
-0.01
0.04
-0.04
-0.03
-0.1
-0.04
-0.1
-0.11
- -
Dividend per Share
- -
- -
- -
- -
- -
- -
- -
- -
0.08
0.04
0.01
- -
- -
- -
Book Value per Share
0.59
0.53
0.44
0.51
0.48
0.55
0.61
0.78
0.81
0.77
0.66
0.52
0.23
0.52
Tangible Book Value per Share
0.46
0.41
0.34
0.48
0.45
0.53
0.6
0.77
0.8
0.76
0.65
0.51
0.23
0.51
Basic Weighted Avg Shares
1,259
1,395
1,606
1,764
1,817
2,000
2,301
2,599
2,564
2,487
2,484
2,478
2,478
2,478
Sales/Revenue/Turnover
606
587
463
583
591
643
684
1,024
1,248
1,461
828
526
381
- -
Operating Margin (%)
-25.12
-16.76
-16.56
5.96
6.79
12.03
11.64
-0.73
6.63
-1.74
-39.99
-49.78
-61.91
- -
Depreciation Expense
57
55
51
52
38
57
73
61
90
117
138
67
63
- -
Net Income, GAAP
-278
-97
-68
35
33
41
51
507
63
5
-382
-334
-603
- -
Effective Tax Rate (%)
- -
- -
- -
- -
9.82
25.23
35.21
32.13
25.09
- -
- -
- -
- -
- -
Profit Margin (%)
-45.85
-16.52
-14.77
5.94
5.52
6.31
7.39
49.52
5.04
0.32
-46.08
-63.62
-158.18
- -
Working Capital
21
-88
-44
-71
-6
6
321
827
582
284
-96
-639
10
-639
LT Debt
142
161
167
126
118
88
136
152
926
1,267
1,079
760
2,432
760
Total Equity
882
799
823
961
1,019
1,190
1,701
2,130
2,228
2,136
1,787
1,446
709
1,446
Return on Invested Capital (%)
- -
- -
- -
- -
3.01
3.97
2.86
20.47
1.22
- -
- -
- -
- -
- -
Return on Capital (%)
- -
- -
- -
- -
3.17
3.09
3.26
22.38
3.61
- -
- -
- -
- -
- -
Return on Common Equity (%)
-29.37
-12.43
-9.01
4.13
3.52
3.94
3.75
27.98
3.03
0.23
-21
-22.94
-64.6
- -

Capital Structure

CNY

•

in mil. unless spec.
Dec'23
Jun'24
Dec'24
ST Debt
1,687
1,831
2,169
LT Borrowings
1,042
1,047
740
LT Finance Leases
37
13
19
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
2,469
2,469
2,469
Market Capitalization
3,433
1,033
671

Working Capital

CNY

•

in mil. unless spec.
Dec'23
Jun'24
Dec'24
Total Current Assets
2,161
2,089
2,026
Cash, Cash Equivalents & STI
50
48
20
Accounts Receivable, Net
236
240
232
Inventories
302
290
271
Total Current Liabilities
2,257
2,296
2,665
Payables & Accruals
- -
- -
- -
ST Debt
1,687
1,831
2,169
Deferred Revenue
- -
- -
- -

Growth Rates

CNY

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
2.19%
-17.18%
-50.97%
Free Cash Flow
-71.62%
66.9%
14.59%
Net Income, GAAP
-758.16%
-1,675.39%
80.27%
Sales/Revenue/Turnover
2.39%
-13.68%
-27.5%
Total Cash Common Dividend
- -
- -
- -

Semi-annual Revenue

CNY

•

in mil. unless spec.

Year

H1
H2
FY
2023
- -
- -
828
2024
- -
- -
526
2025
- -
- -
381

Semi-annual Earnings Per Share

CNY

•

in mil. unless spec.

Year

H1
H2
FY
2023
- -
- -
-0.15
2024
- -
- -
-0.13
2025
- -
- -
-0.24

Semi-annual Dividends Per Share

CNY

•

in mil. unless spec.

Year

H1
H2
FY
2023
- -
- -
0.01
2024
- -
- -
- -
2025
- -
- -
- -

Company Description

CEO
Ru Hai Lin
Full Time Employees
748
Sector
Consumer durables
Industry
Home furnishings
Address
Tsim Sha Tsui Centre, West Wing Hong Kong Hong Kong
IPO Date
May 15, 2002
Business
Royale Home Holdings Limited, an investment holding company incorporated in the Cayman Islands in 1997 and headquartered in Tsim Sha Tsui East, Hong Kong, principally engages in the manufacture and sale of home furniture in the People's Republic of China through its operating segments that include upholstered furniture such as sofas, beds, chairs, tables, cabinets, dining sets and office furniture; development of properties for sale and property investments; hotel operations; trading of aluminum ingots, bars and commodities; manufacture and sale of foam; provision of decoration and construction services; and rental of properties, with manufacturing facilities primarily located in Guangdong Province and sales channels encompassing wholesalers, retail partners, franchisees, real estate developers and direct customers across Mainland China. The company, formerly known as Royale Furniture Holdings Limited until its name change in June 2020, employs approximately 949 people and maintains brands including Light Walnut, Black Walnut, Sabili and Olympic Home, while subsidiaries such as Chitaly Furniture Limited, Wanlibao (Guangzhou) Furniture Limited and Guangzhou Yufa Furniture Company Limited support its core furniture operations. In recent developments, Royale Home Holdings advances two major disposals announced on September 22, 2025: the SCFL Disposal involving the sale of its 18.06% equity interest in Science City (Guangzhou) Finance and Leasing Co., Ltd. to Science City (Guangzhou) Investment Group Co., Ltd. for RMB416.75 million, valued based on a discounted cash flow analysis as of June 30, 2025; and the Hengcheng Disposal comprising the sale of 100% equity in Guangdong Hengcheng Furniture Co., Ltd. to Science City (Guangzhou) Development Group Co., Ltd. for RMB11.34 million following a reorganization to retain industrial land and construction interests in Yingde City, Guangdong Province, with both transactions inter-conditional, pending shareholder approval at an extraordinary general meeting on November 28, 2025, and aimed at improving the group's net debt position.