Kin Shing Holdings Ltd.

Kin Shing Holdings Ltd.

HHKEX:1630
0.18
HKD
-0.02
(-10.26%)
153.00MMarket 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
0.13
0.32
0.4
0.51
0.4
0.57
0.29
0.35
0.4
0.32
0.83
0.59
0.51
- -
Basic EPS, GAAP
0.01
0.02
0.03
0.05
0.02
-0.01
-0.01
- -
-0.01
0.01
-0.03
-0.01
- -
- -
Free Cash Flow per Basic Share
- -
0.02
0.04
-0.01
-0.03
-0.02
0.02
- -
-0.01
0.03
0.01
-0.05
- -
- -
Dividend per Share
0.01
0.01
0.02
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Book Value per Share
0.01
0.03
0.01
0.06
0.14
0.12
0.11
0.11
0.1
0.11
0.08
0.08
0.08
0.08
Tangible Book Value per Share
0.01
0.03
0.01
0.06
0.14
0.12
0.11
0.11
0.1
0.11
0.08
0.08
0.08
0.08
Basic Weighted Avg Shares
1,500
1,500
1,500
1,500
1,447
1,500
1,500
1,500
1,500
1,500
1,500
1,500
1,500
1,500
Sales/Revenue/Turnover
200
483
599
770
577
851
435
524
601
475
1,245
879
768
- -
Operating Margin (%)
5.5
7.48
9.09
10.81
5.67
2.79
-2.05
0.89
-2.01
2.26
0.74
-2.35
-2.29
- -
Depreciation Expense
- -
- -
- -
2
4
6
8
15
19
15
13
9
8
- -
Net Income, GAAP
9
30
46
68
27
-19
-11
3
-12
12
-44
-9
2
- -
Effective Tax Rate (%)
19.34
16.64
16.24
19.64
16.47
- -
- -
36.14
- -
- -
- -
- -
- -
- -
Profit Margin (%)
4.38
6.15
7.7
8.77
4.73
-2.27
-2.49
0.5
-2.08
2.5
-3.52
-1.08
0.22
- -
Working Capital
22
37
17
72
182
152
135
131
129
139
94
94
102
102
LT Debt
- -
- -
1
- -
- -
- -
1
- -
3
1
1
1
- -
- -
Total Equity
22
39
22
87
205
175
164
167
154
166
122
113
115
115
Return on Invested Capital (%)
- -
73.4
96.38
79.65
14.67
- -
- -
1.86
- -
6.63
- -
- -
- -
- -
Return on Capital (%)
- -
93.69
131.37
93.85
15.59
- -
- -
2.63
- -
9.08
- -
- -
- -
- -
Return on Common Equity (%)
- -
96.93
150.2
124.36
18.74
-10.18
-6.39
1.59
-7.79
7.42
-30.38
-8.05
1.52
- -

Capital Structure

HKD

•

in mil. unless spec.
Mar'25
Sep'26
Mar'26
ST Debt
10
10
9
LT Borrowings
- -
- -
- -
LT Finance Leases
1
1
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
1,500
1,500
1,500
Market Capitalization
66
74
153

Working Capital

HKD

•

in mil. unless spec.
Mar'25
Sep'26
Mar'26
Total Current Assets
397
397
421
Cash, Cash Equivalents & STI
112
177
125
Accounts Receivable, Net
129
123
128
Inventories
- -
- -
- -
Total Current Liabilities
303
298
319
Payables & Accruals
- -
- -
- -
ST Debt
10
10
9
Deferred Revenue
- -
- -
- -

Growth Rates

HKD

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
37.76%
-6.47%
1.53%
Free Cash Flow
-241.34%
-416.32%
-102.06%
Net Income, GAAP
-178.76%
-287.06%
-118.22%
Sales/Revenue/Turnover
13.63%
22.77%
-12.6%
Total Cash Common Dividend
- -
- -
- -

Semi-annual Revenue

HKD

•

in mil. unless spec.

Year

H1
H2
FY
2024
- -
- -
1,245
2025
- -
- -
879
2026
- -
- -
768

Semi-annual Earnings Per Share

HKD

•

in mil. unless spec.

Year

H1
H2
FY
2024
- -
- -
-0.03
2025
- -
- -
-0.01
2026
- -
- -
- -

Semi-annual Dividends Per Share

HKD

•

in mil. unless spec.

Year

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

Company Description

CEO
Dik Cheung Chow
Full Time Employees
1,371
Sector
Industrial services
Industry
Engineering & construction
Address
Billion Plaza 2 Hong Kong Hong Kong
IPO Date
Jun 16, 2017
Business
Kin Shing Holdings Limited, an investment holding company founded in 1994 and headquartered in Cheung Sha Wan, Hong Kong, principally engages in the provision of formwork works services for private residential and commercial buildings in Hong Kong; it offers timber formworks utilizing timber and plywood, metal formwork systems using aluminum and other metals, building construction works including concrete and decoration engineering, and securities investment and trading activities. The company operates through three main segments comprising formwork works, building construction works, and trading and investment business, serving long-established property developers and contractors, many of which are subsidiaries of Hong Kong-listed public companies. Kin Shing Holdings is a subsidiary of Five Continental Enterprise Limited and maintains its primary operations within Hong Kong. In recent developments, the company reported revenue of HK$366.6 million and gross profit of HK$5.5 million for the six months ended 30 September 2025, reflecting a 15.2% revenue decline from the prior year but a 266.2% increase in gross profit due to improved cost efficiencies; for the year ended 31 March 2025, it anticipates a consolidated loss after tax of not more than HK$10.0 million, an improvement from the prior year's HK$43.8 million loss, driven by unrealized gains on trading securities, dividend income, and reduced impairment provisions. The group recorded revenue growth of 162.1% to HK$1.2 billion for the year ended 31 March 2024, fueled by large tenders awarded in early 2023 reaching peak construction, alongside gross profit expansion to HK$31.6 million from stabilized material costs, labor cost alleviation via imported workers, and increased market share in infrastructure formwork; it continues investments in listed securities for treasury management and steady returns, with no material acquisitions, disposals, or asset pledges as of 31 March 2024.