First Shanghai Investments Limited

First Shanghai Investments Limited

HHKEX:227
0.11
HKD
+0.00
(-2.65%)
545.48MMarket 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
0.32
0.35
0.35
0.27
0.31
0.33
0.37
0.32
0.36
0.22
0.19
0.18
0.19
- -
Basic EPS, GAAP
0.03
0.15
0.09
-0.03
0.04
0.02
0.01
-0.06
-0.1
-0.04
-0.01
0.04
-0.04
- -
Free Cash Flow per Basic Share
0.07
-0.09
-0.09
-0.13
-0.11
0.31
-0.18
0.01
- -
-0.05
- -
-0.04
-0.13
- -
Dividend per Share
- -
- -
0.01
0.01
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Book Value per Share
1.87
2.26
2.16
1.89
1.94
1.88
1.83
1.81
1.6
1.48
1.08
1.14
1.12
1.12
Tangible Book Value per Share
1.86
2.26
2.15
1.89
1.94
1.88
1.83
1.81
1.6
1.48
1.08
1.13
1.12
1.12
Basic Weighted Avg Shares
1,417
1,417
1,422
1,435
1,437
1,437
1,437
1,419
1,456
1,565
1,644
2,191
2,191
2,191
Sales/Revenue/Turnover
460
502
492
391
446
474
534
458
530
342
313
390
408
- -
Operating Margin (%)
7.22
-2.18
17.38
11.86
2.28
-4.64
-4.75
-11.61
-16.39
-19.48
-19.74
-8.37
-11.25
- -
Depreciation Expense
44
51
35
17
17
31
89
96
106
45
42
38
37
- -
Net Income, GAAP
43
211
135
-50
62
33
11
-90
-140
-56
-11
78
-94
- -
Effective Tax Rate (%)
9.89
4.44
17.49
- -
17.17
26.69
68.12
- -
- -
- -
265.37
9.3
- -
- -
Profit Margin (%)
9.26
42.08
27.42
-12.77
13.87
7.05
1.99
-19.72
-26.4
-16.38
-3.4
19.97
-23.06
- -
Working Capital
1,398
1,561
1,545
1,631
1,450
1,298
1,397
1,224
1,202
1,219
1,289
1,368
1,478
1,478
LT Debt
307
285
209
214
206
156
411
363
116
98
65
35
29
29
Total Equity
2,748
3,285
3,168
2,780
2,862
2,775
2,711
2,688
2,559
2,379
2,432
2,556
2,524
2,524
Return on Invested Capital (%)
0.99
5.29
2.87
- -
1.48
0.26
0.34
- -
- -
- -
3.84
0.87
- -
- -
Return on Capital (%)
1.91
6.92
4.17
- -
2.28
1.41
0.49
- -
- -
- -
-2.71
3.88
- -
- -
Return on Common Equity (%)
1.64
7.2
4.29
-1.72
2.25
1.22
0.4
-3.45
-5.5
-2.33
-0.45
3.21
-3.8
- -

Capital Structure

HKD

•

in mil. unless spec.
Dec'24
Jun'25
Dec'25
ST Debt
85
86
234
LT Borrowings
30
16
13
LT Finance Leases
5
6
16
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
2,191
2,191
2,191
Market Capitalization
528
745
545

Working Capital

HKD

•

in mil. unless spec.
Dec'24
Jun'25
Dec'25
Total Current Assets
3,759
4,607
4,896
Cash, Cash Equivalents & STI
283
614
271
Accounts Receivable, Net
254
198
389
Inventories
345
334
319
Total Current Liabilities
2,391
3,103
3,418
Payables & Accruals
- -
- -
- -
ST Debt
85
86
234
Deferred Revenue
- -
- -
- -

Growth Rates

HKD

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
-2.12%
-1.15%
-1.25%
Free Cash Flow
-528.04%
-936.27%
218.56%
Net Income, GAAP
-256.64%
-228.05%
-220.55%
Sales/Revenue/Turnover
-0.09%
0.18%
4.41%
Total Cash Common Dividend
- -
- -
- -

Semi-annual Revenue

HKD

•

in mil. unless spec.

Year

H1
H2
FY
2023
- -
- -
313
2024
- -
- -
390
2025
- -
- -
408

Semi-annual Earnings Per Share

HKD

•

in mil. unless spec.

Year

H1
H2
FY
2023
- -
- -
-0.01
2024
- -
- -
0.04
2025
- -
- -
-0.04

Semi-annual Dividends Per Share

HKD

•

in mil. unless spec.

Year

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

Company Description

CEO
Yuen Yat Lo
Full Time Employees
453
Sector
Finance
Industry
Investment banks/Brokers
Address
Wing On House Hong Kong Hong Kong
IPO Date
Aug 24, 1972
Business
First Shanghai Investments Limited First Shanghai Investments Limited (0227.HK) is an investment holding company engaged in financial services, direct investments, property and hotel development, and other businesses primarily in Hong Kong, the People's Republic of China including the Pearl River Delta and Yangtze River Delta regions, and France. Established in 1964 and listed on the Hong Kong Stock Exchange in 1972, the company, headquartered in Central, Hong Kong, adopted its current name in 1993 and operates through segments that include securities investment, securities broking, margin financing, corporate finance, underwriting and placements, asset management, wealth management, IPO subscription, shares custodian, nominee services, and financial intermediary services in its financial services division; property development and management encompassing residential properties, service apartments, commercial offices, industrial offices, hotels, and recreation resorts such as Elite Place in Kunshan, First Shanghai Plaza and Singapore International Park in Wuxi, and Huangshan projects in Anhui; property investment and hotel operations including a hotel in Paris; and other businesses featuring money lending, financial leasing, agency and secretarial services, dental services, futures and insurance broking, container transportation, freight forwarding, therapeutic drug development, and golf course operations. The company targets market-leading projects in pharmaceuticals, healthcare, telecommunications, and logistics for direct investments while generating steady income from property rentals and hotel operations. In 2024, First Shanghai Investments Limited completed the disposal of its entire equity interest and shareholder's loan in Shanghai Zhong Chuang International Container Storage & Transportation Company Limited for approximately RMB44 million, recording a gain of HK$65 million; achieved increased property sales from the Huangshan project following phase C completion and full-year Paris hotel operations after a 2023 repair closure; reported growth in brokerage commission and margin loan interest income by 9% and 7% respectively amid Hong Kong market recovery; focused resources on financial services with no new direct investments; and turned a net profit of HK$78 million from a prior-year loss, supported by overall revenue growth of 25% to HK$390 million.