1. China Stocks

  2. •

    Finance

  3. •

    Real estate development
JY Grandmark Holdings Limited

JY Grandmark Holdings Limited

HHKEX:2231
0.01
HKD
0.00
(0.00%)
146.94MMarket 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
0.4
0.52
0.83
1.96
1.43
1.24
0.31
0.31
2.08
0.34
- -
Basic EPS, GAAP
0.05
0.05
0.24
0.41
0.29
0.13
-0.44
-1.11
-0.21
-0.25
- -
Free Cash Flow per Basic Share
0.03
-0.18
-0.14
-1.19
-0.96
-1.05
0.28
0.23
-0.06
0.01
- -
Dividend per Share
- -
- -
0.04
- -
0.13
0.1
0.01
- -
- -
- -
- -
Book Value per Share
0.04
0.12
0.34
1.65
1.84
1.89
1.37
0.24
-0.19
-0.41
-0.41
Tangible Book Value per Share
0.04
0.12
0.34
1.65
1.84
1.89
1.36
0.24
-0.19
-0.41
-0.41
Basic Weighted Avg Shares
1,600
1,600
1,600
1,229
1,646
1,646
1,646
1,646
1,646
1,646
1,646
Sales/Revenue/Turnover
641
838
1,329
2,403
2,347
2,043
513
513
3,427
559
- -
Operating Margin (%)
13.15
19.07
23.65
35.52
28.2
15.28
-21.39
-18.83
-0.4
-59.69
- -
Depreciation Expense
7
24
26
30
28
29
29
28
22
17
- -
Net Income, GAAP
85
86
386
502
485
216
-722
-1,835
-344
-409
- -
Effective Tax Rate (%)
40.7
53.07
29.21
45.7
39.02
45.34
- -
- -
- -
- -
- -
Profit Margin (%)
13.19
10.27
29.08
20.87
20.67
10.59
-140.63
-357.46
-10.04
-73.13
- -
Working Capital
142
234
89
3,509
5,136
6,145
4,635
1,078
1,458
531
531
LT Debt
622
745
377
1,443
1,633
2,317
1,889
95
644
94
94
Total Equity
69
366
653
2,819
4,453
4,779
3,718
1,556
1,115
643
643
Return on Invested Capital (%)
- -
7.06
22.09
12.01
6.22
2.06
- -
- -
- -
- -
- -
Return on Capital (%)
- -
7.69
25.88
13.47
7.45
2.84
- -
- -
- -
- -
- -
Return on Common Equity (%)
- -
65.57
104.01
30.69
16.86
7.04
-26.95
-139.07
- -
- -
- -

Capital Structure

CNY

•

in mil. unless spec.
Dec'24
Jun'25
Dec'25
ST Debt
2,682
3,307
3,423
LT Borrowings
580
- -
37
LT Finance Leases
64
63
57
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
1,646
1,646
1,646
Market Capitalization
464
244
132

Working Capital

CNY

•

in mil. unless spec.
Dec'24
Jun'25
Dec'25
Total Current Assets
6,371
5,785
5,671
Cash, Cash Equivalents & STI
21
41
21
Accounts Receivable, Net
962
869
778
Inventories
4,984
4,516
4,545
Total Current Liabilities
4,913
5,018
5,141
Payables & Accruals
- -
- -
- -
ST Debt
2,682
3,307
3,423
Deferred Revenue
- -
- -
- -

Growth Rates

CNY

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
- -
-28.74%
-42.37%
Free Cash Flow
- -
-77.41%
-119.97%
Net Income, GAAP
- -
-79.41%
18.83%
Sales/Revenue/Turnover
- -
79.18%
-83.68%
Total Cash Common Dividend
- -
- -
- -

Semi-annual Revenue

CNY

•

in mil. unless spec.

Year

H1
H2
FY
2023
- -
- -
513
2024
- -
- -
3,427
2025
- -
- -
559

Semi-annual Earnings Per Share

CNY

•

in mil. unless spec.

Year

H1
H2
FY
2023
- -
- -
-1.11
2024
- -
- -
-0.21
2025
- -
- -
-0.25

Semi-annual Dividends Per Share

CNY

•

in mil. unless spec.

Year

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

Company Description

Company Profile APIChatGPT
CEO
Wei Hong Zheng
Full Time Employees
437
Sector
Finance
Industry
Real estate development
Address
X1301-C4884 Guangzhou City GD China
IPO Date
Dec 5, 2019
Website
jygrandmark.com
Similar Companies
DLF Limited (NSE:DLF)
Opendoor Technologies Inc (NASDAQ:OPEN)
Samolet (MOEX:SMLT)
Alarko Holding A.S. (BIST:ALARK)
Godrej Properties Limited (NSE:GODREJPROP)
Lodha Developers Ltd. (NSE:LODHA)
Business
JY Grandmark Holdings Limited is a property developer, operator, and property management service provider based in the People's Republic of China. Founded in the Cayman Islands and listed on the Hong Kong Stock Exchange since December 2019 (ticker: 2231.HK), the company focuses on residential property development in Guangdong, Hainan, Yunnan, and Hunan provinces. Its core business segments include property development and sales, hotel operations, property management, and commercial property investment. The company develops eco-friendly, people-oriented residential communities, specializing in quality homes and specialty residential products such as the JY Well-being Valley in Lingao, Hainan, which provides leisure and well-being services. It operates the JY Hot Spring Villas resort and the Just Stay Hotel in Panyu, Guangzhou, alongside various commercial property investments in Panyu and Zhongshan. In recent developments within the past two years, JY Grandmark has undergone a major auditor change, replacing D & Partners CPA Limited with McMillan Woods Hong Kong CPA Limited to improve cost efficiency. The company faced a disclaimer of opinion from auditors on its 2024 consolidated financial statements due to uncertainties about its ability to continue as a going concern. JY Grandmark has since implemented measures to address these financial challenges, including negotiating repayment extensions on borrowings totaling about RMB3.08 billion as of October 2025, accelerating sales proceeds collections, and securing alternative financing options. Despite these financial pressures, the company continues operations while focusing on enhancing its property management services and expanding specialty residential products to meet market demand. JY Grandmark's target markets include urban elite groups, vacation home buyers, and health and recreational vacation groups, emphasizing ecological and culturally rich living environments. It remains dedicated to service excellence in property management and hospitality, maintaining steady growth through diversified real estate operations in southern China. This positioning as an eco-friendly and quality-driven property developer with diversified business operations forms the core of JY Grandmark's market presence and strategic development efforts as of late 2025.