1. Hong Kong Stocks

  2. •

    Finance

  3. •

    Real estate development
DevGreat Group Limited

DevGreat Group Limited

HHKEX:755
0.23
HKD
-0.01
(-4.90%)
148.79MMarket 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
16.47
10.62
12.01
13.06
20.35
48.2
9.06
30.91
4.98
2.67
1.98
1.38
1.07
- -
Basic EPS, GAAP
0.59
-2.95
-6.43
-6.95
0.23
-6.09
-7.11
-7.73
-13.91
19.38
0.6
-5.4
-0.46
- -
Free Cash Flow per Basic Share
-16.12
-18.76
-14.93
4.36
-3
8.87
0.42
1.88
-0.08
-1.98
0.77
0.09
-0.02
- -
Dividend per Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Book Value per Share
41.84
39.76
29.79
21.8
25.45
18.24
10.82
0.48
-13.57
6.62
7.54
2.67
2.06
2.67
Tangible Book Value per Share
41.59
35.31
25.72
18.43
21.97
18.24
10.82
0.48
-13.57
6.62
7.54
2.67
2.06
2.67
Basic Weighted Avg Shares
135
149
149
149
149
149
149
149
149
149
149
149
171
149
Sales/Revenue/Turnover
2,228
1,580
1,787
1,944
3,028
7,172
1,349
4,599
741
397
294
205
183
- -
Operating Margin (%)
7.86
-25.61
-18.3
-19.96
-13.52
3.83
-14.32
4.59
-75.08
-32.52
-33.17
-214.26
0.77
- -
Depreciation Expense
24
60
60
70
58
55
55
59
69
54
49
35
1
- -
Net Income, GAAP
79
-438
-957
-1,035
34
-905
-1,058
-1,151
-2,070
2,884
90
-803
-78
- -
Effective Tax Rate (%)
- -
- -
- -
- -
30.45
- -
- -
- -
- -
- -
- -
- -
- -
- -
Profit Margin (%)
3.56
-27.76
-53.55
-53.24
1.14
-12.63
-78.45
-25.02
-279.41
727.04
30.4
-392.45
-42.65
- -
Working Capital
4,415
7,342
6,128
189
5,979
2,576
376
-3,331
-7,467
-2,642
-1,806
-20
10
-20
LT Debt
2,686
4,550
5,584
1,657
5,848
3,829
3,081
2,822
716
328
618
234
238
234
Total Equity
6,631
6,277
4,649
3,271
3,927
2,788
1,671
305
-1,792
1,189
1,249
397
367
397
Return on Invested Capital (%)
- -
- -
- -
- -
-2.36
- -
- -
- -
- -
- -
- -
- -
- -
- -
Return on Capital (%)
- -
- -
- -
- -
3.57
- -
- -
- -
- -
- -
- -
- -
- -
- -
Return on Common Equity (%)
1.34
-7.22
-18.5
-26.96
0.98
-27.86
-48.95
-136.94
- -
- -
8.49
-105.7
-20.42
- -

Capital Structure

HKD

•

in mil. unless spec.
Dec'23
Jun'24
Dec'24
ST Debt
1,207
242
11
LT Borrowings
595
- -
211
LT Finance Leases
23
18
23
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
149
149
149
Market Capitalization
164
208
149

Working Capital

HKD

•

in mil. unless spec.
Dec'23
Jun'24
Dec'24
Total Current Assets
1,059
3,789
292
Cash, Cash Equivalents & STI
115
46
53
Accounts Receivable, Net
97
48
34
Inventories
180
109
93
Total Current Liabilities
2,866
3,794
312
Payables & Accruals
- -
- -
- -
ST Debt
1,207
242
11
Deferred Revenue
- -
- -
- -

Growth Rates

HKD

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
-108.56%
-185.03%
-7.56%
Free Cash Flow
132.86%
354.91%
-126.42%
Net Income, GAAP
-414.57%
-268.78%
-90.28%
Sales/Revenue/Turnover
16.4%
-39.44%
-10.56%
Total Cash Common Dividend
- -
- -
- -

Semi-annual Revenue

HKD

•

in mil. unless spec.

Year

H1
H2
FY
2023
- -
- -
294
2024
- -
- -
205
2025
- -
- -
183

Semi-annual Earnings Per Share

HKD

•

in mil. unless spec.

Year

H1
H2
FY
2023
- -
- -
0.6
2024
- -
- -
-5.4
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
Zhen Li
Full Time Employees
294
Sector
Finance
Industry
Real estate development
Address
Kenbo Commercal Building Hong Kong Hong Kong
IPO Date
Oct 27, 1992
Website
devgreatgroup.com
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Business
DevGreat Group Limited is an investment holding company principally engaged in property development, property investment, property sales, and property rental, management, and agency services in the People's Republic of China. The company operates through two primary segments: Sales of Properties, which involves the development and sale of residential, commercial, and mixed-use properties including business plazas, office buildings, villas, residences, and urban complexes; and Properties Rental, Management and Agency Services, which provides leasing, maintenance, cleaning, security, and agency services for similar property types. It also engages in hotel operations, previously reported as a separate segment but discontinued in 2024, alongside property rental services targeting institutional and individual customers in key regions such as Shanghai, with operations extending to Zhejiang, Jiangsu, Sichuan, Jilin, Shandong, and Hainan. Founded in 1992 and headquartered in Wan Chai, Hong Kong, at Room 2429-2430, 24/F, Sun Hung Kai Centre, 30 Harbour Road, the company, formerly known as Shanghai Zendai Property Limited, changed its name to DevGreat Group Limited in October 2024 to reflect strategic evolution. Recent major changes include the completion of a significant disposal in October 2024, under which it sold entire equity interests in subsidiaries Auto Win Investments Limited, Giant Hope Investments Limited, Best East Developments Limited, and Ample Century Limited—collectively the Disposal Group—to Fortunate Omen (HK) Limited for RMB10 million (approximately HK$11 million), streamlining operations and enhancing cash flow; discontinuation of the hotel operations segment during the year ended December 31, 2024; a capital reorganisation and issuance of new shares in 2024 to bolster financial position; deconsolidation of a subsidiary impacting equity; and ongoing adjustments to property development plans based on market conditions, including holding completed properties for sale and cost control measures to address liquidity.