Rykadan Capital Ltd.

Rykadan Capital Ltd.

HHKEX:2288
0.14
HKD
+0.00
(-2.13%)
53.31MMarket Cap
Rykadan Capital Ltd.
HKEX:2288
(Hong Kong Exchange)

Recent

price

0.14

P/E

ratio

- -

div

yld

- -

ROIC.AI

2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
2026
TTM
HKD
2.84
0.17
0.33
4.43
0.67
0.32
1.26
0.85
1.85
0.23
0.38
0.23
0.23
0.28
0.2
- -
- -
Revenue per Share
0.29
0.23
0.29
0.88
0.24
-0.17
0.11
0.07
0.69
-0.16
0.01
-0.09
-0.5
-0.46
-0.75
- -
- -
Basic EPS, GAAP
-0.88
-0.69
-0.53
2.89
-1.31
-0.48
0.22
0.2
0.87
-0.29
0.26
-0.04
-0.23
- -
0.04
- -
- -
Free Cash Flow per Basic Share
0.16
0.14
0.47
0.67
0.37
0.05
0.03
0.03
0.03
0.06
- -
0.03
- -
- -
- -
- -
- -
Dividend per Share
1.79
1.99
1.81
2.59
2.51
2.26
2.33
2.42
3.01
2.77
3.4
3.29
2.76
2.29
1.54
- -
1.43
Book Value per Share
1.75
1.95
1.75
2.53
2.51
2.26
2.33
2.42
3.01
2.77
3.4
3.29
2.76
2.29
1.54
- -
1.43
Tangible Book Value per Share
480
479
477
477
477
477
477
477
477
477
447
375
375
375
375
375
375
Basic Weighted Avg Shares
1,362
82
156
2,116
322
153
602
408
881
111
168
87
88
103
74
- -
- -
Sales/Revenue/Turnover
12.29
-29.77
-25.46
38.89
-20.04
-60.53
7.95
-4.39
33.97
-21.74
-29.99
-17.13
-36.92
-71.41
-61.61
- -
- -
Operating Margin (%)
7
14
5
1
4
4
5
4
3
2
2
2
2
2
2
- -
- -
Depreciation Expense
141
110
138
422
113
-83
54
31
330
-77
5
-35
-189
-174
-281
- -
- -
Net Income, GAAP
15.6
- -
- -
21.17
14.18
- -
12.37
15.87
13.08
- -
0.8
- -
- -
- -
- -
- -
- -
Effective Tax Rate (%)
10.37
134.2
88.29
19.94
35.25
-54.45
8.88
7.62
37.45
-69.86
2.68
-40.11
-215.89
-168.26
-377.91
- -
- -
Profit Margin (%)
1,019
1,464
745
869
735
661
603
358
510
752
582
236
466
298
440
- -
498
Working Capital
244
498
97
162
151
151
138
184
- -
8
- -
- -
96
22
91
- -
91
LT Debt
861
959
1,010
1,432
1,252
1,116
1,145
1,197
1,469
1,341
1,279
1,232
1,030
851
557
- -
536
Total Equity
13.69
- -
- -
37.91
2.03
- -
1.46
1.7
12.75
- -
1.57
- -
- -
- -
- -
- -
- -
Return on Invested Capital (%)
14.12
- -
- -
6
7.14
- -
3.63
2.09
17.93
- -
-0.99
- -
- -
- -
- -
- -
- -
Return on Capital (%)
17.19
12.1
15.21
40.12
9.31
-7.32
4.88
2.75
25.46
-5.6
0.35
-2.78
-16.68
-18.33
-39.05
- -
- -
Return on Common Equity (%)

Capital Structure

HKD

•

in mil. unless spec.
Sep'25
Mar'25
Sep'26
ST Debt
195
79
64
LT Borrowings
18
89
89
LT Finance Leases
3
2
2
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
375
375
375
Market Capitalization
41
58
53

Working Capital

HKD

•

in mil. unless spec.
Sep'25
Mar'25
Sep'26
Total Current Assets
502
605
579
Cash, Cash Equivalents & STI
96
64
97
Accounts Receivable, Net
23
12
12
Inventories
1
1
1
Total Current Liabilities
211
165
81
Payables & Accruals
- -
- -
- -
ST Debt
195
79
64
Deferred Revenue
- -
- -
- -

Growth Rates

HKD

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
- -
- -
- -
Free Cash Flow
- -
- -
- -
Net Income, GAAP
- -
- -
- -
Sales/Revenue/Turnover
- -
- -
- -
Total Cash Common Dividend
- -
- -
- -

Semi-annual Revenue

HKD

•

in mil. unless spec.

Year

H1
H2
FY
2024
- -
- -
103
2025
- -
- -
74
2026
- -
- -
- -

Semi-annual Earnings Per Share

HKD

•

in mil. unless spec.

Year

H1
H2
FY
2024
- -
- -
-0.46
2025
- -
- -
-0.75
2026
- -
- -
- -

Semi-annual Dividends Per Share

HKD

•

in mil. unless spec.

Year

H1
H2
FY
2024
- -
- -
- -
2025
- -
- -
- -
2026
- -
- -
- -
Business
Rykadan Capital Limited (2288.HK), an investment holding company founded in 1986 and headquartered at 29/F, Rykadan One, 23 Wong Chuk Hang Road, Wong Chuk Hang, Hong Kong, engages primarily in property development, property investment, asset investment and fund management, and distribution of construction and interior decorative materials across Hong Kong, the United States, the United Kingdom, the People's Republic of China, Canada, Bhutan and Italy. The company develops and repositions residential, commercial, retail, industrial and mixed-use properties including the Winston Project and Monterey Park Towne Centre Project in the U.S., Graphite Square Project in the U.K., Jaffe Road Project, Rykadan One Project, Redhill Project and Shouson Hill Project in Hong Kong; invests in and manages real estate portfolios generating leasing income from car parks, warehouses and offices; provides SFC-regulated asset, investment and fund management services through its subsidiary Rykadan Capital Management Limited, financing, project and corporate management; and distributes quartz and marble-based engineered stone composite surface products in the Greater China region via Q-Stone Building Materials Limited while holding stakes in hospitality operations such as RS Hospitality Private Limited in Bhutan. Formerly known as Sundart International Holdings Limited, it changed its name in September 2012 and operates with approximately 20 employees under Chairman and CEO William Chan. Recent developments include the completion in April 2025 of the disposal of floors 27 and 28 plus car parking spaces at Rykadan Capital Tower to German Pool (Hong Kong) Limited for HK$163.5 million, classified as discontinued property investment operations; acquisition in April 2025 of Cosmo Kingdom Holdings Limited for HK$57.6 million adding a luxury residential property in Hong Kong; receipt in April 2025 of HK$120 million from joint venture Quarella Holdings Limited's disposal of Quarella Group Limited; acquisition in May 2025 via subsidiary Golden Wealth (HK) Investment Limited of the 29th floor, reserved area and various parking spaces at Rykadan One from associate Capital Universal Investment Limited for HK$47.6 million settled by loan offset to serve as new headquarters; relocation of headquarters effective April 2025 to 29/F, Rykadan One; and ongoing monetization of completed projects amid market challenges with total assets under management at US$840 million across 18 transacted deals in six countries as of the latest reporting.