Golden Resources Development International Limited

Golden Resources Development International Limited

HHKEX:677
0.34
HKD
+0.00
(-1.47%)
594.09MMarket Cap
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
2026 Y
TTM
Revenue per Share
0.59
0.6
0.6
0.63
0.71
0.86
1.02
0.95
1.05
1.21
1.22
1.22
1.24
- -
Basic EPS, GAAP
0.05
0.08
-0.03
0.04
0.04
- -
-0.01
0.02
0.01
0.08
0.06
-0.01
0.02
- -
Free Cash Flow per Basic Share
- -
-0.04
0.06
0.12
-0.01
-0.03
0.08
0.15
0.06
0.13
0.08
0.12
0.14
- -
Dividend per Share
0.02
0.02
0.02
0.02
0.02
0.02
0.02
0.02
0.02
0.02
0.03
0.02
0.02
- -
Book Value per Share
0.74
0.79
0.73
0.74
0.76
0.74
0.69
0.69
0.67
0.72
0.78
0.75
0.77
0.77
Tangible Book Value per Share
0.72
0.76
0.71
0.72
0.74
0.71
0.66
0.67
0.65
0.71
0.76
0.73
0.76
0.76
Basic Weighted Avg Shares
1,687
1,688
1,694
1,694
1,696
1,697
1,697
1,697
1,697
1,697
1,697
1,697
1,697
1,697
Sales/Revenue/Turnover
1,003
1,014
1,014
1,070
1,209
1,458
1,736
1,614
1,774
2,060
2,072
2,079
2,104
- -
Operating Margin (%)
7.24
7.44
4.57
2.39
0.94
-0.66
3.63
3.03
0.69
7.59
4.85
2.79
2.69
- -
Depreciation Expense
17
17
21
25
34
38
126
146
166
140
166
191
197
- -
Net Income, GAAP
83
143
-46
60
65
4
-23
40
19
129
107
-14
27
- -
Effective Tax Rate (%)
17.78
13.86
- -
23.47
18.36
63.61
- -
36.93
64.63
12.7
25.16
397.03
34.68
- -
Profit Margin (%)
8.31
14.1
-4.51
5.58
5.41
0.3
-1.3
2.49
1.05
6.25
5.16
-0.7
1.29
- -
Working Capital
862
947
844
745
703
674
472
592
625
528
347
312
333
333
LT Debt
- -
- -
- -
- -
- -
- -
199
191
258
257
294
327
266
266
Total Equity
1,272
1,350
1,252
1,261
1,301
1,258
1,187
1,179
1,184
1,266
1,360
1,310
1,360
1,360
Return on Invested Capital (%)
6.25
7.83
- -
4.19
3.33
0.24
- -
2.71
0.82
7.9
6.48
-0.78
1.7
- -
Return on Capital (%)
6.57
10.86
- -
5.12
5.33
0.35
- -
3.79
2.38
10.02
7.5
-7.04
2.52
- -
Return on Common Equity (%)
6.76
11.07
-3.57
4.81
5.14
0.34
-1.88
3.44
1.62
10.85
8.38
-1.12
2.11
- -

Capital Structure

HKD

•

in mil. unless spec.
Mar'25
Sep'26
Mar'26
ST Debt
154
161
180
LT Borrowings
- -
- -
- -
LT Finance Leases
327
307
266
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
1,697
1,697
1,697
Market Capitalization
577
611
594

Working Capital

HKD

•

in mil. unless spec.
Mar'25
Sep'26
Mar'26
Total Current Assets
744
762
816
Cash, Cash Equivalents & STI
385
401
436
Accounts Receivable, Net
63
79
64
Inventories
207
213
221
Total Current Liabilities
432
469
483
Payables & Accruals
- -
- -
- -
ST Debt
154
161
180
Deferred Revenue
- -
- -
- -

Growth Rates

HKD

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
0.91%
2.97%
3.79%
Free Cash Flow
6.66%
17.09%
17.66%
Net Income, GAAP
-109.61%
23.19%
-288.26%
Sales/Revenue/Turnover
7.93%
5.63%
1.22%
Total Cash Common Dividend
- -
- -
- -

Semi-annual Revenue

HKD

•

in mil. unless spec.

Year

H1
H2
FY
2024
- -
- -
2,072
2025
- -
- -
2,079
2026
- -
- -
2,104

Semi-annual Earnings Per Share

HKD

•

in mil. unless spec.

Year

H1
H2
FY
2024
- -
- -
0.06
2025
- -
- -
-0.01
2026
- -
- -
0.02

Semi-annual Dividends Per Share

HKD

•

in mil. unless spec.

Year

H1
H2
FY
2024
- -
- -
0.03
2025
- -
- -
0.02
2026
- -
- -
0.02

Company Description

CEO
Sai Ho Lam
Full Time Employees
3,601
Sector
Retail trade
Industry
Food retail
Address
Golden Resources Centre Hong Kong Hong Kong
IPO Date
Jan 28, 1991
Website
grdil.com
Business
Golden Resources Development International Limited (0677.HK) is an investment holding company principally engaged in food distribution, convenience store operations, and related businesses. Founded in 1946 and headquartered in Wan Chai, Hong Kong, the company sources, imports, wholesales, processes, packages, markets, and distributes rice and food products, including glutinous rice, pearl rice, and vitamin-enriched rice varieties; operates Circle K convenience stores in Vietnam; manufactures and sells recyclable packaging materials in Mainland China; invests in equity and debt securities; and undertakes property investment, holding, and development activities. It also provides information technology services, warehousing, logistics, money lending, rice re-exporting and importing, procurement of goods, and engages in retail and entertainment development and management through its Retailtainment segment, serving markets in Hong Kong, Vietnam, Mainland China, Macau, and internationally including the US, Canada, Australia, the UK, and Japan. The company operates through seven segments: Convenience Store Operation focused on Vietnam retail outlets; Food Operation encompassing rice and fast-moving consumer goods distribution; Packaging Materials Operation for eco-friendly production; Securities Investment; Property Investment; Retailtainment for dining and entertainment hubs such as those in Niseko, Japan; and Corporate and Others covering ancillary services like trademarks holding. In recent developments, Golden Resources Foods Limited, a key subsidiary, appointed KLN Logistics Group Limited (0636.HK) as its fourth-party logistics partner in September 2025 to manage end-to-end supply chain operations across Hong Kong and Macau, including warehousing, inventory, distribution, and international deliveries to enhance operational efficiency and market expansion. Earlier, in 2022, the company formed a joint venture with Kamakura Foods through its major shareholder Yuen Loong for central kitchen, retail stores, and vending operations selling Ekiben bento and Onigiri in Hong Kong. As of late 2025, the group continues scouting selective joint venture and minority investment opportunities aligned with its core pillars in convenience retail, food distribution, and packaging to drive transformation, digitalization, and sustainable growth amid market stabilization.