1. Hong Kong Stocks

  2. •

    Consumer non-durables

  3. •

    Beverages: alcoholic
Grace Wine Holdings Limited

Grace Wine Holdings Limited

HHKEX:8146
0.34
HKD
-0.01
(-4.29%)
100.08MMarket Cap
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
0.07
0.09
0.1
0.09
0.08
0.11
0.08
0.08
0.04
0.04
- -
Basic EPS, GAAP
0.02
0.01
- -
0.01
- -
- -
0.01
- -
0.01
-0.05
- -
- -
Free Cash Flow per Basic Share
0.02
0.01
0.04
0.01
0.03
- -
-0.03
-0.02
-0.05
-0.04
-0.03
- -
Dividend per Share
- -
- -
0.03
0.01
- -
- -
- -
- -
- -
- -
0.11
- -
Book Value per Share
0.14
0.14
0.26
0.31
0.32
0.32
0.33
0.32
0.33
0.28
0.11
0.33
Tangible Book Value per Share
0.12
0.12
0.24
0.3
0.31
0.31
0.32
0.31
0.33
0.28
0.11
0.32
Basic Weighted Avg Shares
800
800
800
703
800
800
800
800
801
801
801
801
Sales/Revenue/Turnover
68
53
70
73
73
60
85
62
65
32
35
- -
Operating Margin (%)
43.43
32.11
12.21
-3.35
4.4
1.95
12.38
-0.13
17.7
-18.23
-6.01
- -
Depreciation Expense
12
11
10
11
11
11
11
11
12
13
8
- -
Net Income, GAAP
18
11
1
6
- -
-1
8
-1
10
-41
-3
- -
Effective Tax Rate (%)
31.01
33.39
87.13
- -
99.32
129.97
34.93
167.42
10.83
- -
- -
- -
Profit Margin (%)
26.83
21.15
1.58
8.5
0.04
-0.93
9.14
-0.96
15.73
-128.66
-7.51
- -
Working Capital
20
57
115
158
151
141
105
109
114
122
113
116
LT Debt
- -
25
- -
- -
2
1
- -
20
35
61
3
44
Total Equity
111
114
204
251
254
252
260
256
267
226
169
264
Return on Invested Capital (%)
- -
9.05
0.65
- -
0.01
-0.17
2.79
-0.15
3.64
- -
- -
- -
Return on Capital (%)
- -
9.61
0.73
- -
0.01
-0.23
3.02
-0.32
3.84
- -
- -
- -
Return on Common Equity (%)
- -
10.03
0.7
2.71
0.01
-0.22
3.02
-0.23
3.91
-16.64
-1.66
- -

Capital Structure

CNY

•

in mil. unless spec.
Sep'23
Dec'23
Jun'24
ST Debt
- -
2
1
LT Borrowings
- -
33
42
LT Finance Leases
- -
2
2
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
801
801
801
Market Capitalization
125
114
93

Working Capital

CNY

•

in mil. unless spec.
Sep'23
Dec'23
Jun'24
Total Current Assets
- -
140
139
Cash, Cash Equivalents & STI
- -
42
32
Accounts Receivable, Net
- -
1
1
Inventories
- -
82
92
Total Current Liabilities
- -
26
22
Payables & Accruals
- -
- -
- -
ST Debt
- -
2
1
Deferred Revenue
- -
- -
- -

Growth Rates

CNY

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
7.05%
-6.98%
-25.35%
Free Cash Flow
164.06%
303.21%
-39.17%
Net Income, GAAP
-573.7%
-797.79%
-93.62%
Sales/Revenue/Turnover
-2.69%
-4.59%
9.41%
Total Cash Common Dividend
- -
- -
- -

Semi-annual Revenue

CNY

•

in mil. unless spec.

Year

H1
H2
FY
2023
- -
- -
65
2024
- -
- -
32
2025
- -
- -
35

Semi-annual Earnings Per Share

CNY

•

in mil. unless spec.

Year

H1
H2
FY
2023
- -
- -
0.01
2024
- -
- -
-0.05
2025
- -
- -
- -

Semi-annual Dividends Per Share

CNY

•

in mil. unless spec.

Year

H1
H2
FY
2023
- -
- -
- -
2024
- -
- -
- -
2025
- -
- -
0.11

Company Description

Company Profile APIChatGPT
CEO
Yun Qiang Liu
Full Time Employees
118
Sector
Consumer non-durables
Industry
Beverages: alcoholic
Address
Westlands Centre Hong Kong Hong Kong
IPO Date
Jun 27, 2018
Website
gracewine.com.hk
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Business
Grace Wine Holdings Limited (8146.HK), an investment holding company incorporated in the Cayman Islands in 1997 and headquartered in Quarry Bay, Hong Kong, engages in the production and distribution of wine, spirits, and other alcoholic products primarily in Mainland China, Hong Kong, and internationally; it operates through two segments, Production of Wines and Production of Spirits, offering a diverse portfolio of red wines including higher-end and entry-level series under the Grace Vineyard brand, white wines, sparkling wines, seasonal and special blended red wines, as well as planting and selling wine grapes from Shanxi Grace Vineyard and Ningxia Grace Vineyard, with spirits production at Fujian Dexi Winery; the company serves premium and broad consumer segments through domestic sales and strategic channels. Grace Wine Holdings Limited is a subsidiary of Macmillan Equity Limited and employs 174 staff as of December 2024. In recent developments, the company recorded RMB25.7 million in impairment losses on non-current assets tied to its spirits segment in 2024 amid market challenges; entered into conditional agreements on 5 December 2024 and 21 January 2025 with Chairlady Judy Chan to dispose of its entire distillery business via Pacific Surplus Limited for HK$71.28 million and 30% of its winery business via Epic Wealth Holdings Limited for HK$38.88 million, both approved by independent shareholders on 19 February 2025 to streamline operations and reduce debt, with proposed special dividends of HK7.802 cents and HK4.256 cents per share respectively pending completion; forged partnerships such as with Imaginist Publishing House for the "Bottle of a Year" project and Cathay Pacific for serving Cabernet Franc in Business Class; and reported revenue of RMB34.6 million for 2024, down 46.8% from prior year due to weaker demand, alongside a shift to lower-end wines and gross margin improvement to 76.1%.