1. Hong Kong Stocks

  2. •

    Finance

  3. •

    Finance/Rental/Leasing
Progressive Path Group Holdings Ltd.

Progressive Path Group Holdings Ltd.

HHKEX:1581
0.28
HKD
+0.00
(-1.79%)
91.72MMarket Cap
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
2026 Y
TTM
Revenue per Share
0.7
1.6
1.78
2.38
1.6
0.93
1.31
1.83
2.3
1.57
1.76
2.2
2.03
- -
Basic EPS, GAAP
0.13
0.16
0.16
0.12
0.02
-0.19
-0.07
0.02
0.05
-0.07
0.05
0.08
0.05
- -
Free Cash Flow per Basic Share
-0.11
0.12
0.02
0.19
0.03
-0.01
0.11
0.07
0.15
0.12
0.21
0.18
0.08
- -
Dividend per Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Book Value per Share
0.26
0.42
0.58
1.04
1.06
0.86
0.79
0.81
0.86
0.56
0.62
0.7
0.75
0.75
Tangible Book Value per Share
0.26
0.42
0.58
1.04
1.06
0.86
0.79
0.81
0.86
0.56
0.62
0.7
0.75
0.75
Basic Weighted Avg Shares
230
230
230
204
238
238
238
238
224
325
415
415
415
415
Sales/Revenue/Turnover
160
367
409
484
382
221
312
436
516
511
729
914
841
- -
Operating Margin (%)
22.73
13.18
12.84
7.55
1.73
-21.23
-3.59
0.97
2.52
-3.17
4.72
3.83
1.38
- -
Depreciation Expense
17
48
62
73
74
51
58
60
72
98
102
98
82
- -
Net Income, GAAP
29
36
37
24
6
-45
-16
4
12
-22
22
34
20
- -
Effective Tax Rate (%)
15.66
16.53
18.35
24.68
28.24
- -
- -
- -
4.62
- -
6.99
- -
11.45
- -
Profit Margin (%)
18.31
9.78
8.98
4.94
1.5
-20.56
-5
0.86
2.35
-4.3
3.05
3.73
2.42
- -
Working Capital
-17
8
54
168
198
136
79
78
55
26
84
135
187
187
LT Debt
34
68
49
62
52
38
27
34
62
67
53
21
19
19
Total Equity
60
96
132
247
252
204
188
192
204
234
257
291
311
311
Return on Invested Capital (%)
- -
25.1
18.67
9.25
2.62
- -
- -
- -
5.22
- -
8.03
- -
6.29
- -
Return on Capital (%)
- -
26.07
19.4
9.33
2.68
- -
- -
- -
5.29
- -
8.05
- -
6.24
- -
Return on Common Equity (%)
- -
46.16
32.24
12.62
2.29
-19.94
-7.96
1.97
6.12
-10.01
9.05
12.46
6.78
- -

Capital Structure

HKD

•

in mil. unless spec.
Mar'25
Sep'26
Mar'26
ST Debt
96
85
91
LT Borrowings
- -
- -
- -
LT Finance Leases
21
12
19
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
415
415
415
Market Capitalization
47
73
92

Working Capital

HKD

•

in mil. unless spec.
Mar'25
Sep'26
Mar'26
Total Current Assets
409
399
455
Cash, Cash Equivalents & STI
30
30
36
Accounts Receivable, Net
257
293
344
Inventories
- -
- -
- -
Total Current Liabilities
274
230
268
Payables & Accruals
- -
- -
- -
ST Debt
96
85
91
Deferred Revenue
- -
- -
- -

Growth Rates

HKD

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
11.47%
10.19%
7.01%
Free Cash Flow
-64.77%
34.78%
-54.36%
Net Income, GAAP
-144.16%
-48.9%
-40.21%
Sales/Revenue/Turnover
11.32%
15.51%
-7.93%
Total Cash Common Dividend
- -
- -
- -

Semi-annual Revenue

HKD

•

in mil. unless spec.

Year

H1
H2
FY
2024
- -
- -
729
2025
- -
- -
914
2026
- -
- -
841

Semi-annual Earnings Per Share

HKD

•

in mil. unless spec.

Year

H1
H2
FY
2024
- -
- -
0.05
2025
- -
- -
0.08
2026
- -
- -
0.05

Semi-annual Dividends Per Share

HKD

•

in mil. unless spec.

Year

H1
H2
FY
2024
- -
- -
- -
2025
- -
- -
- -
2026
- -
- -
- -

Company Description

Company Profile APIChatGPT
CEO
Wing Hang Wu
Full Time Employees
613
Sector
Finance
Industry
Finance/Rental/Leasing
Address
Tuen Mun Central Square Hong Kong Hong Kong
IPO Date
Dec 8, 2016
Website
ppgh.com.hk
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Business
Progressive Path Group Holdings Limited (1581.HK) is an investment holding company principally engaged in construction works and the provision of construction machinery rental services in Hong Kong. The company undertakes foundation and site formation works, builder's works and general building works; and offers rental of construction machinery and vehicles, machine operator services and transportation services as part of its one-stop construction machinery rental solutions. It serves construction companies involved in public and private projects, including major infrastructure developments such as the Three-Runway System at Hong Kong International Airport, Kai Tak Sports Park, Tung Chung Line Extension, Central Kowloon Route and Northern Metropolis initiatives. Incorporated in 2016 and headquartered at Unit 1108, 11/F, Tuen Mun Central Square, No. 22 Hoi Wing Road, Tuen Mun, New Territories, Hong Kong, the company operates through subsidiaries including Luen Yau Construction Company Limited, Luen Yau Machinery Construction Company Limited and Luen Yau Management Company Limited; it is a subsidiary of Profit Gold Global Limited, incorporated in the British Virgin Islands. For the six months ended 30 September 2024, revenue rose 60.4% year-on-year to HK$480.0 million, driven by increased construction works revenue to HK$330.7 million from 3RS-related projects, with net profit climbing to HK$12.2 million; as at that date, 13 projects remained on hand with HK$184.8 million outstanding contract sum, while full-year FY2025 revenue reached HK$913.8 million with profit attributable to owners at HK$34.1 million, reflecting new contracts, variation orders and tax loss utilisation, though no material acquisitions, disposals or funding rounds occurred and no interim or final dividends were declared.