1. Hong Kong Stocks

  2. •

    Electronic technology

  3. •

    Telecommunications equipment
GBA Holdings Limited

GBA Holdings Limited

HHKEX:261
0.22
HKD
+0.01
(+4.31%)
68.35MMarket 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
35.83
31.05
22.19
11.72
8.49
5.88
1.43
4.21
5.01
0.57
0.58
0.29
0.51
- -
Basic EPS, GAAP
-0.93
-1.59
-2.05
-2.39
-2.9
-1.2
-1.8
-1.31
-0.64
-1.8
-0.73
-0.29
-0.46
- -
Free Cash Flow per Basic Share
-0.06
-2.88
-3.16
-1.4
0.51
-0.7
1.03
0.18
-1.45
-0.61
-0.22
-0.12
-0.03
- -
Dividend per Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Book Value per Share
14.14
12.61
33.7
20.28
18.83
12.53
10.89
9.89
9.39
6.04
3.17
2.82
1.7
1.7
Tangible Book Value per Share
13.48
12.61
32
19.11
18.17
12.1
10.89
9.89
9.39
6.04
3.12
2.82
1.7
1.7
Basic Weighted Avg Shares
33
33
36
63
68
73
94
94
94
98
135
194
246
290
Sales/Revenue/Turnover
1,193
1,034
801
735
580
430
134
394
469
56
78
57
127
- -
Operating Margin (%)
2.01
3.38
-1
-8.03
-14.48
-17.21
-70.9
-25.89
-8.74
-204.36
-51.96
-56.82
-51.69
- -
Depreciation Expense
43
40
32
29
17
2
3
1
1
- -
8
10
- -
- -
Net Income, GAAP
-31
-53
-74
-150
-198
-88
-168
-123
-60
-176
-98
-56
-112
- -
Effective Tax Rate (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Profit Margin (%)
-2.6
-5.13
-9.24
-20.41
-34.14
-20.47
-125.37
-31.22
-12.79
-317.15
-125.55
-97.78
-88.53
- -
Working Capital
1,078
1,009
1,153
1,067
1,331
926
1,046
666
590
508
402
437
359
359
LT Debt
1,055
1,040
68
82
55
- -
- -
- -
1
- -
7
- -
- -
- -
Total Equity
471
420
1,583
1,417
1,320
1,209
1,057
926
879
679
609
530
468
468
Return on Invested Capital (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Return on Capital (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Return on Common Equity (%)
-6.44
-11.9
-7.39
-10.1
-14.81
-7.15
-15.33
-12.65
-6.65
-22.61
-15.21
-9.6
-21.75
- -

Capital Structure

HKD

•

in mil. unless spec.
Dec'24
Jun'25
Dec'25
ST Debt
30
34
15
LT Borrowings
- -
- -
- -
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
194
238
285
Market Capitalization
105
79
68

Working Capital

HKD

•

in mil. unless spec.
Dec'24
Jun'25
Dec'25
Total Current Assets
567
590
440
Cash, Cash Equivalents & STI
30
46
50
Accounts Receivable, Net
1
2
1
Inventories
399
402
340
Total Current Liabilities
130
161
80
Payables & Accruals
- -
- -
- -
ST Debt
30
34
15
Deferred Revenue
- -
- -
- -

Growth Rates

HKD

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
-11.36%
-12.58%
-11.79%
Free Cash Flow
-187.38%
-219.01%
-69.68%
Net Income, GAAP
29.9%
31.14%
100.89%
Sales/Revenue/Turnover
13.67%
13.34%
121.88%
Total Cash Common Dividend
- -
- -
- -

Semi-annual Revenue

HKD

•

in mil. unless spec.

Year

H1
H2
FY
2023
- -
- -
78
2024
- -
- -
57
2025
- -
- -
127

Semi-annual Earnings Per Share

HKD

•

in mil. unless spec.

Year

H1
H2
FY
2023
- -
- -
-0.73
2024
- -
- -
-0.29
2025
- -
- -
-0.46

Semi-annual Dividends Per Share

HKD

•

in mil. unless spec.

Year

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

Company Description

Company Profile APIChatGPT
CEO
Chor Wei Ong
Full Time Employees
75
Sector
Electronic technology
Industry
Telecommunications equipment
Address
Room 1415 Hong Kong Hong Kong
IPO Date
Dec 30, 1991
Website
gbaholdings.com
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Business
GBA Holdings Limited engages primarily in the development, ownership, and operation of technology parks and industrial estates. The company specializes in providing integrated property development and management services, including office, commercial, industrial, and warehouse spaces tailored for technology and innovation enterprises. It also offers supporting infrastructure and facilities management services. GBA Holdings operates predominantly in the Greater Bay Area of China, including key cities such as Guangzhou and other southern China locations. Founded in 1998 and headquartered in Hong Kong, the company has established itself as a key player in the real estate and industrial property sector focused on technological innovation hubs. In the past two years, GBA Holdings Limited has pursued strategic expansions and operational enhancements aligned with the evolving demands of the technology and industrial sectors. The company has engaged in partnerships to promote smart city developments and has launched new phases of property developments emphasizing eco-friendly designs and intelligent infrastructure. Recent operational changes include the expansion of their industrial estate offerings to incorporate integrated work-live-play environments to attract a broader range of enterprise tenants, including startups and multinational corporations. These moves reflect a significant strategic shift toward sustainable development and comprehensive tenant ecosystem services aimed at fostering innovation clusters within its properties. GBA Holdings Limited’s product and service portfolio includes technology park development and leasing; commercial office and industrial property leasing; infrastructure and facilities management; and value-added services such as business incubation support, logistics facilities, and environment-friendly technology solutions. The company serves customers ranging from technology startups, research institutions, manufacturing enterprises, to multinational corporations. GBA Holdings maintains a strong regional presence in southern China, leveraging the economic vitality of the Greater Bay Area to support its growth strategy. The firm has no major publicly listed subsidiaries but operates as a significant entity listed on the Hong Kong Stock Exchange under ticker 0261.HK.