1. Hong Kong Stocks

  2. •

    Non-energy minerals

  3. •

    Forest products
King's Stone Holdings Group Limited

King's Stone Holdings Group Limited

HHKEX:1943
1.41
HKD
-0.08
(-5.37%)
990.00MMarket Cap
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
0.2
0.38
0.36
0.4
0.47
0.44
0.34
0.37
0.45
0.17
- -
Basic EPS, GAAP
0.02
0.02
0.04
0.03
-0.01
0.01
-0.03
- -
-0.03
-0.1
- -
Free Cash Flow per Basic Share
- -
0.02
0.01
-0.03
- -
-0.03
-0.01
0.02
0.01
-0.1
- -
Dividend per Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Book Value per Share
0.05
0.07
0.11
0.14
0.23
0.24
0.21
0.22
0.18
0.11
0.09
Tangible Book Value per Share
0.05
0.07
0.11
0.14
0.23
0.24
0.21
0.22
0.18
0.11
0.09
Basic Weighted Avg Shares
1,000
1,000
1,000
1,000
940
1,000
1,000
1,000
1,000
1,000
1,000
Sales/Revenue/Turnover
199
379
362
400
438
437
340
372
452
173
- -
Operating Margin (%)
11.07
6.06
12.52
9.66
-3.5
2.78
-11.28
6.69
-3.81
-55.24
- -
Depreciation Expense
- -
- -
- -
1
8
16
13
10
7
2
- -
Net Income, GAAP
18
18
37
29
-14
14
-34
5
-32
-102
- -
Effective Tax Rate (%)
16.75
16.38
16.75
22.5
- -
5.27
- -
57.09
- -
- -
- -
Profit Margin (%)
9.06
4.85
10.29
7.34
-3.12
3.23
-9.95
1.33
-7.1
-58.87
- -
Working Capital
52
70
106
131
211
217
188
203
174
105
87
LT Debt
- -
- -
- -
- -
- -
2
3
- -
- -
- -
- -
Total Equity
52
70
106
135
231
245
211
216
184
106
88
Return on Invested Capital (%)
- -
25.05
31.11
19.15
- -
4.66
- -
4.79
- -
- -
- -
Return on Capital (%)
- -
25.31
32.17
19.64
- -
5.82
- -
2.31
- -
- -
- -
Return on Common Equity (%)
- -
30.13
42.27
24.3
-7.46
5.94
-14.84
2.33
-16.05
-70.54
- -

Capital Structure

HKD

•

in mil. unless spec.
Sep'25
Mar'25
Sep'26
ST Debt
- -
- -
- -
LT Borrowings
- -
- -
- -
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
1,000
1,000
1,000
Market Capitalization
640
98
990

Working Capital

HKD

•

in mil. unless spec.
Sep'25
Mar'25
Sep'26
Total Current Assets
168
146
164
Cash, Cash Equivalents & STI
24
10
27
Accounts Receivable, Net
106
69
92
Inventories
- -
- -
- -
Total Current Liabilities
55
41
76
Payables & Accruals
- -
- -
- -
ST Debt
- -
- -
- -
Deferred Revenue
- -
- -
- -

Growth Rates

HKD

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
- -
-12.57%
-42.58%
Free Cash Flow
- -
155.38%
-800.81%
Net Income, GAAP
- -
-237.15%
218.06%
Sales/Revenue/Turnover
- -
-10.61%
-61.66%
Total Cash Common Dividend
- -
- -
- -

Semi-annual Revenue

HKD

•

in mil. unless spec.

Year

H1
H2
FY
2024
- -
- -
452
2025
- -
- -
173
2026
- -
- -
- -

Semi-annual Earnings Per Share

HKD

•

in mil. unless spec.

Year

H1
H2
FY
2024
- -
- -
-0.03
2025
- -
- -
-0.1
2026
- -
- -
- -

Semi-annual Dividends Per Share

HKD

•

in mil. unless spec.

Year

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

Company Description

Company Profile APIChatGPT
CEO
Xin He
Full Time Employees
60
Sector
Non-energy minerals
Industry
Forest products
Address
Suite 1306, 13th Floor, Hong Kong Hong Kong
IPO Date
Jun 28, 2019
Website
kshgl.com
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Business
King's Stone Holdings Group Limited is an investment holding company principally engaged as a subcontractor providing construction services to public and private sector clients in Hong Kong. The company offers formwork services including traditional formwork using timber and plywood; system formwork using aluminium and steel; ancillary works such as concrete works, reinforcement works, reinforcement bar fixing, and concrete placing; plastering; additions and alterations works; and other miscellaneous construction activities. It also engages in securities dealing and broking through a separate segment. Founded in 1990 with roots originating from Hop Fat Yuk Ying Engineering Limited—initially focused on structural steel works before shifting to formwork in 1998—the company is headquartered in Wan Chai, Hong Kong, and operates exclusively in that market serving leading contractors whose projects involve government and statutory bodies. In September 2024, the company changed its name from Silver Tide Holdings Limited to King's Stone Holdings Group Limited; in March 2025, Jianeng Era International Trading Co., Limited acquired 75% of its issued share capital, establishing it as a subsidiary and triggering a mandatory cash offer; and in September 2025, it announced a share placing to raise approximately HK$92.55 million gross proceeds, earmarking around HK$67 million for integrating intelligent, green, low-carbon technologies including electronic components, smart infrastructure, Internet of Things systems, drone-based security, smart energy management, user-side industrial energy storage, remote monitoring, smart maintenance, virtual power plants, and demand response programs to upgrade new construction industrial parks and expand into emerging markets like smart buildings and high-end industrial parks.