1. Hong Kong Stocks

  2. •

    Consumer durables

  3. •

    Recreational products
Hanfort Development Holdings Limited

Hanfort Development Holdings Limited

HHKEX:361
0.04
HKD
+0.00
(-2.50%)
491.51MMarket 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
0.04
0.17
0.11
0.07
0.04
0.05
0.05
0.04
0.08
0.09
0.04
0.05
0.04
- -
Basic EPS, GAAP
- -
- -
-0.04
-0.05
-0.01
-0.01
- -
- -
- -
- -
- -
- -
- -
- -
Free Cash Flow per Basic Share
- -
- -
-0.02
-0.05
-0.03
- -
- -
- -
0.01
0.01
0.01
- -
-0.01
- -
Dividend per Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Book Value per Share
0.13
0.14
0.07
0.07
0.07
0.06
0.05
0.06
0.05
0.05
0.04
0.04
0.05
0.05
Tangible Book Value per Share
0.12
0.12
0.07
0.03
0.02
0.02
0.05
0.06
0.05
0.05
0.04
0.04
0.04
0.04
Basic Weighted Avg Shares
11,501
2,300
2,329
2,770
5,201
5,201
5,201
5,201
5,201
5,201
5,201
5,201
5,281
5,302
Sales/Revenue/Turnover
434
401
262
203
207
286
272
221
418
479
217
263
190
- -
Operating Margin (%)
5.8
3.89
-15.12
-27.03
-11.74
-11.34
-5.16
-3.5
0.78
5.46
-4.75
2.18
-8.96
- -
Depreciation Expense
16
15
13
13
13
12
13
17
15
15
13
12
12
- -
Net Income, GAAP
14
8
-91
-144
-32
-41
-23
-20
-24
-16
-19
-2
-25
- -
Effective Tax Rate (%)
14.67
4.86
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Profit Margin (%)
3.15
2.07
-34.79
-71.11
-15.47
-14.16
-8.49
-8.84
-5.66
-3.33
-8.56
-0.9
-12.93
- -
Working Capital
71
81
26
86
58
32
19
23
27
51
50
63
23
23
LT Debt
- -
- -
- -
47
51
56
63
45
58
60
59
64
2
2
Total Equity
305
313
175
375
348
304
279
291
268
249
230
228
273
273
Return on Invested Capital (%)
5.1
3.7
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Return on Capital (%)
4.61
3.09
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Return on Common Equity (%)
4.64
2.7
-37.67
-52.84
-8.91
-12.53
-8.01
-6.92
-8.55
-6.23
-7.82
-1.05
-9.93
- -

Capital Structure

HKD

•

in mil. unless spec.
Dec'24
Jun'25
Dec'25
ST Debt
56
29
4
LT Borrowings
63
66
- -
LT Finance Leases
1
- -
2
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
5,201
5,201
5,851
Market Capitalization
208
270
492

Working Capital

HKD

•

in mil. unless spec.
Dec'24
Jun'25
Dec'25
Total Current Assets
171
156
144
Cash, Cash Equivalents & STI
116
110
42
Accounts Receivable, Net
31
29
52
Inventories
19
12
35
Total Current Liabilities
109
100
121
Payables & Accruals
- -
- -
- -
ST Debt
56
29
4
Deferred Revenue
- -
- -
- -

Growth Rates

HKD

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
8.64%
-0.77%
19.86%
Free Cash Flow
-176.29%
-256.93%
-835.42%
Net Income, GAAP
80.58%
171.44%
939.72%
Sales/Revenue/Turnover
3.69%
8.55%
-27.65%
Total Cash Common Dividend
- -
- -
- -

Semi-annual Revenue

HKD

•

in mil. unless spec.

Year

H1
H2
FY
2023
- -
- -
217
2024
- -
- -
263
2025
- -
- -
190

Semi-annual Earnings Per Share

HKD

•

in mil. unless spec.

Year

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

Semi-annual Dividends Per Share

HKD

•

in mil. unless spec.

Year

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

Company Description

Company Profile APIChatGPT
CEO
Jincheng Liu
Full Time Employees
840
Sector
Consumer durables
Industry
Recreational products
Address
Unit K, 20/F Hong Kong Hong Kong
IPO Date
Dec 11, 2000
Website
sinogolf.com
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Business
Sino Golf Holdings Limited, an investment holding company incorporated in Bermuda in 1988 and headquartered at One Midtown, Tsuen Wan, Hong Kong, principally engages in the design, development, manufacture, trading and sale of golf equipment, golf bags, accessories and related components and parts on an original equipment manufacturing and original design manufacturing basis to golf companies worldwide. The company operates through three reportable segments: Golf Equipment, which encompasses assembled and packaged golf clubs, club heads and shafts; Golf Bags, covering golf bags and other accessories; and Hospitality, involving the development of an integrated resort in the Commonwealth of the Northern Mariana Islands and property holding activities. It primarily serves customers in Japan, North America, Europe, the rest of Asia and other international markets, with manufacturing facilities in the People's Republic of China and approximately 680 employees. In recent developments, a wholly-owned indirect subsidiary entered into a conditional sale and purchase agreement dated 14 October 2025 to acquire the entire registered capital of Hio Pro (Vietnam) Sporting Goods Company Limited, a Vietnamese golf equipment manufacturer operating a factory in Hai Phong City, for US$2,500,000 to mitigate US tariff impacts on China-sourced exports and enhance competitiveness in the US market. Furthermore, DoThink Investment Limited, an indirect unit of Hans' Energy Group Co., Ltd., completed the acquisition of a 50.01% controlling stake in Sino Golf on 12 November 2025 for HK$75.4 million at HK$0.029 per share, triggering a mandatory unconditional cash offer for remaining shares; subsequent full exercise of convertible bonds increased the stake to approximately 55.564%, with the issuance of 650 million new shares to DoThink in November 2025 bringing total issued shares to 5.85 billion.