KRP Development Holdings Limited

KRP Development Holdings Limited

HHKEX:2421
0.55
HKD
-0.01
(-2.68%)
299.29MMarket Cap
KRP Development Holdings Limited
HKEX:2421
(Hong Kong Exchange)

Recent

price

0.55

P/E

ratio

- -

div

yld

- -

ROIC.AI

2020
2021
2022
2023
2024
2025
2026
TTM
CNY
0.95
1.17
1.53
1.39
0.45
0.36
0.28
- -
Revenue per Share
0.26
0.32
0.48
0.36
0.08
0.04
0.03
- -
Basic EPS, GAAP
- -
0.36
0.95
-0.02
-0.16
-0.01
0.07
- -
Free Cash Flow per Basic Share
0.02
0.04
- -
0.13
0.04
0.02
- -
- -
Dividend per Share
0.64
0.85
1.48
1.64
1.68
1.7
1.73
1.73
Book Value per Share
0.64
0.85
1.48
1.64
1.68
1.7
1.73
1.73
Tangible Book Value per Share
505
505
505
505
505
505
505
505
Basic Weighted Avg Shares
482
591
776
701
227
182
141
- -
Sales/Revenue/Turnover
65.54
64.3
70.51
64.77
43.32
35.14
19.07
- -
Operating Margin (%)
1
1
1
1
1
1
3
- -
Depreciation Expense
129
161
244
181
40
20
15
- -
Net Income, GAAP
58.98
58.84
56.35
59.73
53.45
61.91
55.87
- -
Effective Tax Rate (%)
26.76
27.17
31.42
25.81
17.66
11.12
10.53
- -
Profit Margin (%)
564
562
540
672
640
606
588
588
Working Capital
357
285
2
1
- -
- -
26
26
LT Debt
323
430
749
829
849
860
874
874
Total Equity
- -
14.19
18.33
13.55
2.58
1.26
1.07
- -
Return on Invested Capital (%)
- -
21.33
27.45
20.18
4.79
2.36
1.72
- -
Return on Capital (%)
- -
42.61
41.33
22.93
4.78
2.36
1.72
- -
Return on Common Equity (%)

Capital Structure

CNY

•

in mil. unless spec.
Mar'25
Sep'26
Mar'26
ST Debt
- -
1
1
LT Borrowings
- -
- -
- -
LT Finance Leases
- -
27
26
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
505
505
505
Market Capitalization
302
314
263

Working Capital

CNY

•

in mil. unless spec.
Mar'25
Sep'26
Mar'26
Total Current Assets
1,080
1,074
1,066
Cash, Cash Equivalents & STI
181
197
216
Accounts Receivable, Net
- -
- -
- -
Inventories
878
843
825
Total Current Liabilities
474
470
478
Payables & Accruals
- -
- -
- -
ST Debt
- -
1
1
Deferred Revenue
- -
- -
- -

Growth Rates

CNY

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
- -
18.01%
1.61%
Free Cash Flow
- -
-25.38%
-766.2%
Net Income, GAAP
- -
-25.55%
-26.39%
Sales/Revenue/Turnover
- -
-17.64%
-22.27%
Total Cash Common Dividend
- -
- -
- -

Semi-annual Revenue

CNY

•

in mil. unless spec.

Year

H1
H2
FY
2024
- -
- -
227
2025
- -
- -
182
2026
- -
- -
141

Semi-annual Earnings Per Share

CNY

•

in mil. unless spec.

Year

H1
H2
FY
2024
- -
- -
0.08
2025
- -
- -
0.04
2026
- -
- -
0.03

Semi-annual Dividends Per Share

CNY

•

in mil. unless spec.

Year

H1
H2
FY
2024
- -
- -
0.04
2025
- -
- -
0.02
2026
- -
- -
- -
Business
KRP Development Holdings Limited (Ticker: 2421.HK) is a China-based developer focused on the development and sale of residential real estate, primarily in Dongguan, Huizhou, and Foshan, with activities spanning land acquisition and transformation, site planning, land preparation and improvement, design, construction, and marketing of homes; it operates through multiple residential product lines and seeks to expand its portfolio beyond core housing into integrated community developments that incorporate tourism, culture, and non-residential components. The company is headquartered in Dongguan, China, and was founded in 2013; it operates as an independent property developer with a regional footprint in the Pearl River Delta region and within Mainland China. Its core products and services include land acquisition and transformation; master planning and site development; architectural design and urban planning; construction and project management; and residential marketing and sales for villas and mansion-style homes, along with related ancillary services such as cultural-tourism integration and livelihood facility enhancements within nearby districts. Recent major changes include strategic partnerships and alliances aimed at expanding its business portfolio and diversifying income sources, targeted expansions into non-residential and cultural-tourism oriented spaces, and updates to its business model to align with market trends and consumption upgrades; these changes are reflected in 2025–2026 disclosures and announcements regarding portfolio diversification, new revenue streams, and organizational adjustments. The company’s geographic operations are concentrated in Mainland China, with a focus on the Dongguan-Huizhou-Foshan corridor in Guangdong Province, and it maintains relationships with local authorities and contractors to execute residential development projects; it may have subsidiaries or related-party arrangements associated with its parent or related holding structures. The business segments emphasize residential property development and sale, including villas and mansion series, with potential exposure to ancillary commercial and cultural-tourism facilities within integrated community developments; its ownership structure and corporate governance reflect common practices for property developers listed in Hong Kong, with disclosures and annual reporting aligned to HKEX requirements. The latest publicly disclosed changes center on expanding the group's income sources through new development models, non-residential space development, and initiatives to strengthen overall portfolio quality and diversification in the face of evolving housing demand and urban development trends. [Sources: company profiles and market disclosures covering 2421.HK and related announcements]