1. Hong Kong Stocks

  2. •

    Finance

  3. •

    Real estate development
Kong Shum Smart Management Group (Holdings) Limited

Kong Shum Smart Management Group (Holdings) Limited

HHKEX:8181
0.05
HKD
+0.00
(+9.09%)
-0.02EPS
62.09MMarket 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
0.87
0.85
0.84
0.72
0.54
0.46
0.47
0.5
0.5
0.48
0.52
0.5
0.48
0.51
Basic EPS, GAAP
0.01
0.01
0.01
0.02
0.04
0.06
0.01
0.02
-0.02
-0.03
-0.04
-0.03
-0.04
-0.02
Free Cash Flow per Basic Share
0.04
0.03
0.01
- -
0.01
0.02
- -
0.01
-0.03
0.01
-0.02
-0.03
- -
- -
Dividend per Share
- -
0.05
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Book Value per Share
0.13
0.1
0.18
0.2
0.23
0.28
0.29
0.31
0.26
0.24
0.2
0.17
0.13
0.23
Tangible Book Value per Share
0.13
0.1
0.18
0.18
0.22
0.27
0.29
0.31
0.26
0.24
0.2
0.17
0.13
0.23
Basic Weighted Avg Shares
374
400
447
551
770
917
1,026
1,026
1,049
1,129
1,129
1,129
1,129
1,129
Sales/Revenue/Turnover
325
340
374
396
412
426
487
511
525
547
589
564
543
572
Operating Margin (%)
2.61
2.26
1.78
3.38
6.37
7.15
5.38
11.64
-0.68
-4.71
-5.93
-2.64
-8.24
-3.5
Depreciation Expense
1
1
1
2
4
3
7
11
15
11
13
14
20
- -
Net Income, GAAP
5
5
3
10
29
52
14
16
-26
-29
-46
-29
-48
-27
Effective Tax Rate (%)
34.01
31.8
52.74
24.58
19.21
12.04
38.96
22.27
- -
- -
- -
- -
- -
- -
Profit Margin (%)
1.55
1.46
0.75
2.58
6.96
12.27
2.91
3.1
-4.94
-5.26
-7.89
-5.22
-8.85
-4.75
Working Capital
42
26
71
40
99
186
185
163
144
123
110
98
59
119
LT Debt
- -
- -
- -
12
- -
- -
2
9
7
8
2
1
14
8
Total Equity
54
39
88
116
196
289
299
319
298
278
228
197
151
265
Return on Invested Capital (%)
8.34
7.99
4.06
8.48
11.91
10.3
5.13
10.16
- -
- -
- -
- -
- -
- -
Return on Capital (%)
8.61
8.32
4.27
8.77
15.63
18.45
4.77
4.98
- -
- -
- -
- -
- -
- -
Return on Common Equity (%)
13.59
10.71
4.41
9.96
18.57
21.72
4.84
5.14
-8.41
-10.07
-18.67
-14.12
-28.31
-9.96

Capital Structure

HKD

•

in mil. unless spec.
Mar'23
Jun'24
Sep'24
ST Debt
10
- -
4
LT Borrowings
2
- -
4
LT Finance Leases
6
- -
4
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
1,129
1,129
1,129
Market Capitalization
73
53
62

Working Capital

HKD

•

in mil. unless spec.
Mar'23
Jun'24
Sep'24
Total Current Assets
201
- -
197
Cash, Cash Equivalents & STI
79
- -
58
Accounts Receivable, Net
88
- -
95
Inventories
- -
- -
- -
Total Current Liabilities
78
- -
79
Payables & Accruals
- -
- -
- -
ST Debt
10
- -
4
Deferred Revenue
- -
- -
- -

Growth Rates

HKD

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
8.94%
-13.68%
-23.6%
Free Cash Flow
-338.23%
-194.83%
-114.26%
Net Income, GAAP
30.01%
-32.9%
63.58%
Sales/Revenue/Turnover
3.93%
1.34%
-3.57%
Total Cash Common Dividend
- -
- -
- -

Semi-annual Revenue

HKD

•

in mil. unless spec.

Year

H1
H2
FY
2024
- -
- -
589
2025
- -
- -
564
2026
- -
- -
543

Semi-annual Earnings Per Share

HKD

•

in mil. unless spec.

Year

H1
H2
FY
2024
- -
- -
-0.04
2025
- -
- -
-0.03
2026
- -
- -
-0.04

Semi-annual Dividends Per Share

HKD

•

in mil. unless spec.

Year

H1
H2
FY
2024
- -
- -
- -
2025
- -
- -
- -
2026
- -
- -
- -

Company Description

Company Profile APIChatGPT
CEO
Ying Choi
Full Time Employees
1,435
Sector
Finance
Industry
Real estate development
Address
Kaiser Estate, Phase 2 Hong Kong Hong Kong
IPO Date
Oct 11, 2013
Website
kongshum.com.hk
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Business
Kong Shum Smart Management Group (Holdings) Limited, an investment holding company formerly known as Shi Shi Services Limited until its name change in February 2025, principally engages in property management services, property investment, and money lending business through its subsidiaries, primarily Kong Shum Smart Management Services Limited (KSSM), in Hong Kong and the People's Republic of China. KSSM, founded in 1984 as a family business and headquartered at Unit J, 6th Floor, Kaiser Estate, Phase 2, Hung Hom, Kowloon, Hong Kong, offers comprehensive property management solutions under the Kong Shum brand to residential properties, owners' incorporations, and individual owners, including security services, repair and maintenance, cleaning, financial management, administrative and legal support, consultancy, housing management, pension services, hospital-related services, and education services; the group employs over 1,000 staff, including qualified property management professionals, maintenance personnel, accountants, and licensed security staff, from its 30,000-square-foot headquarters equipped with advanced computer systems, and holds recognition as a listed contractor of the Hong Kong Housing Authority and a Building Management Agent under the Building Management Ordinance. Recent developments include the completion in June 2025 of its Intelligent Monitoring System (IMS) Centre following major renovation transactions totaling HK$24.2 million with META Design Group Limited from October 2024 to February 2025 for equipment installation, wiring, security systems, WiFi networks, air-conditioning, and interior works to pioneer smart property management amid market expansion; a strategic rebranding with updated stock short name to "KS SMART MGMT," company logo, website to www.kongshum.com.hk, and contact details effective March 2025 approved by shareholders in January 2025; and enhancements to internal controls post-review addressing notifiable transaction oversights through new policies, training, designated officers, and Board approvals, alongside ongoing workforce and capability expansions targeting the growing Hong Kong property sector. Operates as a subsidiary of Heng Sheng Capital Limited with a market capitalization of approximately HK$65 million as of late 2025 and listed on the GEM board of the Hong Kong Stock Exchange under ticker 8181 since October 2013.