DT Capital Ltd.

DT Capital Ltd.

HHKEX:356
0.32
HKD
-0.03
(-8.57%)
191.47MMarket 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
-0.09
-0.06
0.01
0.04
0.06
-0.29
-0.17
-0.27
-0.03
-0.13
-0.16
-0.06
0.01
- -
Basic EPS, GAAP
-0.09
-0.06
0.01
0.04
0.06
-0.3
-0.17
-0.27
-0.03
-0.13
-0.16
-0.07
0.01
- -
Free Cash Flow per Basic Share
- -
-0.5
-0.21
-0.38
-0.24
- -
0.02
-0.08
-0.14
-0.14
0.02
- -
- -
- -
Dividend per Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Book Value per Share
-0.4
1.18
1.2
1.31
1.42
1.2
1.03
0.76
0.69
0.56
0.41
0.34
0.35
0.35
Tangible Book Value per Share
-0.4
1.18
1.2
1.31
1.42
1.2
1.03
0.76
0.69
0.56
0.41
0.34
0.35
0.35
Basic Weighted Avg Shares
72
62
127
127
127
152
152
152
152
182
182
182
182
182
Sales/Revenue/Turnover
-7
-4
2
5
8
-44
-26
-41
-5
-25
-28
-12
2
- -
Operating Margin (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Depreciation Expense
- -
- -
- -
- -
- -
- -
2
4
- -
- -
- -
- -
- -
- -
Net Income, GAAP
-7
-4
2
5
8
-45
-26
-41
-5
-24
-28
-12
2
- -
Effective Tax Rate (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Profit Margin (%)
100
100
100
100
100
103.56
98.12
99.67
101.18
98.3
99.8
101.81
100.68
- -
Working Capital
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
LT Debt
9
- -
- -
- -
- -
- -
5
2
- -
- -
- -
- -
- -
- -
Total Equity
-28
150
151
166
216
182
157
116
127
103
74
62
64
64
Return on Invested Capital (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Return on Capital (%)
- -
- -
1.05
3.28
4.2
- -
- -
- -
- -
- -
- -
- -
- -
- -
Return on Common Equity (%)
- -
- -
1.05
3.28
4.2
-22.69
-15.23
-30.05
-3.95
-21.03
-32.06
-17.62
3.21
- -

Capital Structure

HKD

•

in mil. unless spec.
Dec'24
Jun'25
Dec'25
ST Debt
- -
- -
- -
LT Borrowings
- -
- -
- -
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
182
182
182
Market Capitalization
164
213
191

Working Capital

HKD

•

in mil. unless spec.
Dec'24
Jun'25
Dec'25
Total Current Assets
- -
- -
- -
Cash, Cash Equivalents & STI
- -
- -
1
Accounts Receivable, Net
- -
- -
- -
Inventories
- -
- -
- -
Total Current Liabilities
- -
- -
- -
Payables & Accruals
- -
- -
- -
ST Debt
- -
- -
- -
Deferred Revenue
- -
- -
- -

Growth Rates

HKD

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
-6.62%
-10.03%
3.26%
Free Cash Flow
203.48%
369.97%
1,963.54%
Net Income, GAAP
-20.48%
31.75%
-116.86%
Sales/Revenue/Turnover
-17.3%
34.11%
-117.05%
Total Cash Common Dividend
- -
- -
- -

Semi-annual Revenue

HKD

•

in mil. unless spec.

Year

H1
H2
FY
2023
- -
- -
-28
2024
- -
- -
-12
2025
- -
- -
2

Semi-annual Earnings Per Share

HKD

•

in mil. unless spec.

Year

H1
H2
FY
2023
- -
- -
-0.16
2024
- -
- -
-0.07
2025
- -
- -
0.01

Semi-annual Dividends Per Share

HKD

•

in mil. unless spec.

Year

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

Company Description

CEO
Chi Wai Leong
Full Time Employees
5
Sector
Finance
Industry
Financial conglomerates
Address
Unit D, 6/F Eton Building Hong Kong Hong Kong
IPO Date
Jun 7, 2002
Business
DT Capital Limited (0356.HK) is an investment holding company principally engaged in securities investment and trading activities. Through its subsidiaries, the company invests in listed and unlisted equity securities, equity-related instruments, and debt securities primarily in the Greater China region, with additional exposure to Southeast Asia and Europe; its portfolio includes significant holdings in Hong Kong-listed companies such as Upbest Group Limited (securities broking, margin financing, precious metals trading), i-Control Holdings Limited (video conferencing and IT managed services), Ausupreme International Holdings Limited (health and personal care products), Kwong Man Kee Group Limited (engineering services and flooring materials), Gemilang International Limited (bus body manufacturing), Harbour Equine Holdings Limited (sewing threads, garment accessories, equine services), Hong Kong Exchanges and Clearing Limited, MTR Corporation Limited (railway operations and property development), Goldstone Capital Group Limited (investments in listed and unlisted enterprises), and China Ludao Technology Company Limited (aerosol and personal care products). The company targets capital appreciation and earnings growth from undervalued assets with sustainable income streams, focusing on sectors including financial services, technology, consumer goods, infrastructure, and manufacturing. Founded in 2001 and headquartered at Unit D, 6th Floor, Eton Building, 288 Des Voeux Road Central, Hong Kong, DT Capital Limited (formerly Incutech Investments Limited) operates from the Cayman Islands with its shares listed on the Main Board of The Stock Exchange of Hong Kong Limited. The company maintains a lean structure with approximately four employees and emphasizes portfolio diversification to manage market volatility influenced by economic factors such as inflation, interest rates, and geopolitical events. In recent developments, during the year ended 31 December 2024, the Group disposed of subsidiaries Genius Pro Asia Limited and Super Bloom Investment Limited for HK$200,000, resulting in a net loss on disposal of HK$472,674; it also fully redeemed an unlisted investment fund, recording dividend income of HK$352,920 and receivables of HK$5,190,000 (subsequently settled). Administrative expenses decreased due to reduced legal and professional fees following the maturation of investment projects, with no new investments initiated amid stock market fluctuations that led to unrealized fair value losses of HK$4.4 million on listed securities; for the six months ended 30 June 2025, the company reported revenue of HK$277,614 from listed equity dividends (down due to prior fund redemption), a fair value gain of HK$2.28 million, and a reduced net loss of HK$1.77 million compared to prior periods.