DLC Asia Ltd.

DLC Asia Ltd.

HHKEX:8210
0.05
HKD
+0.00
(+6.00%)
0.00EPS
8.49P/E
33.60MMarket Cap
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
0.08
0.07
0.13
0.09
0.08
0.07
0.05
0.07
0.07
0.06
0.04
0.08
Basic EPS, GAAP
0.02
0.01
0.01
- -
- -
- -
-0.01
- -
- -
- -
-0.01
- -
Free Cash Flow per Basic Share
- -
0.01
- -
-0.01
- -
0.01
-0.01
- -
- -
- -
-0.01
- -
Dividend per Share
- -
- -
0.01
- -
- -
- -
- -
- -
- -
- -
- -
- -
Book Value per Share
0.04
0.05
0.05
0.11
0.11
0.11
0.1
0.1
0.11
0.11
0.09
0.11
Tangible Book Value per Share
0.04
0.05
0.05
0.11
0.11
0.11
0.1
0.1
0.11
0.11
0.09
0.11
Basic Weighted Avg Shares
800
800
600
721
714
744
790
800
800
800
800
800
Sales/Revenue/Turnover
60
60
77
65
54
54
40
57
55
47
33
65
Operating Margin (%)
26.71
23.8
9.62
1.88
-0.64
-6.81
-13.78
6.37
1.43
-2.9
-30.7
5.22
Depreciation Expense
- -
- -
- -
1
3
3
3
- -
1
1
1
1
Net Income, GAAP
13
12
5
- -
- -
-4
-9
4
2
- -
-11
4
Effective Tax Rate (%)
16.45
16.63
38.74
87.32
- -
- -
- -
- -
10.77
38.89
- -
1.74
Profit Margin (%)
22.41
19.84
6.22
0.25
-0.84
-6.57
-22.22
6.87
3.38
0.28
-34.43
6.08
Working Capital
29
38
40
81
80
83
79
81
83
83
74
83
LT Debt
- -
- -
1
- -
- -
2
- -
1
- -
3
1
1
Total Equity
31
39
44
87
86
88
80
84
86
86
74
86
Return on Invested Capital (%)
- -
33.08
10.71
0.24
- -
- -
- -
- -
0.81
-0.94
- -
3.92
Return on Capital (%)
- -
34.05
11.45
0.26
- -
- -
- -
- -
2.27
0.23
- -
4.75
Return on Common Equity (%)
- -
34.03
11.61
0.25
-0.53
-4.06
-10.5
4.79
2.19
0.15
-14.01
4.72

Capital Structure

HKD

•

in mil. unless spec.
Mar'23
Jun'24
Sep'24
ST Debt
1
- -
1
LT Borrowings
- -
- -
- -
LT Finance Leases
1
- -
1
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
800
800
800
Market Capitalization
35
34
34

Working Capital

HKD

•

in mil. unless spec.
Mar'23
Jun'24
Sep'24
Total Current Assets
90
- -
90
Cash, Cash Equivalents & STI
55
- -
60
Accounts Receivable, Net
15
- -
10
Inventories
- -
- -
- -
Total Current Liabilities
9
- -
7
Payables & Accruals
- -
- -
- -
ST Debt
1
- -
1
Deferred Revenue
- -
- -
- -

Growth Rates

HKD

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
12.32%
-3.09%
-13.09%
Free Cash Flow
-207.16%
-137.22%
-351.7%
Net Income, GAAP
-860.98%
-1,748.04%
-8,599.24%
Sales/Revenue/Turnover
-3.65%
-6.36%
-30.42%
Total Cash Common Dividend
- -
- -
- -

Semi-annual Revenue

HKD

•

in mil. unless spec.

Year

H1
H2
FY
2024
- -
- -
55
2025
- -
- -
47
2026
- -
- -
33

Semi-annual Earnings Per Share

HKD

•

in mil. unless spec.

Year

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

Semi-annual Dividends Per Share

HKD

•

in mil. unless spec.

Year

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

Company Description

CEO
Man Ho Choi
Full Time Employees
27
Sector
Finance
Industry
Investment banks/Brokers
Address
Tai Tung Building Hong Kong HK Hong Kong
IPO Date
Aug 27, 2018
Business
DLC Asia Limited DLC Asia Limited (8210.HK), an investment holding company incorporated in 2017 and headquartered in Wan Chai, Hong Kong, operates as an interdealer broker providing derivatives brokerage services to professional investors, including investment banks, market makers and funds, through its wholly-owned subsidiary De Riva Asia Limited. The company offers matching, execution and settlement of derivatives trade orders encompassing both listed products on the Hong Kong Exchanges and Clearing Limited (HKEx), Singapore Exchange (SGX), Eurex Exchange and stock options exchanges; and non-listed over-the-counter (OTC) products such as calendar spreads, risk reversals, synthetic futures, straddles and other combinations; all conducted under Securities and Futures Commission of Hong Kong (SFC) licenses for Type 1 (dealing in securities) and Type 2 (dealing in futures contracts) regulated activities exclusively for professional investors without margin financing. It generates revenue solely from commissions on these brokerage services, primarily from HKEx, SGX and OTC channels, with operations centered in Hong Kong serving institutional clients across capital markets. Recent developments include the appointment of Shao Yanwen as executive director following the annual general meeting; resignations of executive directors Shiu Kam Man and Shiu Carmen Yin Man; a reported net profit decline to HK$0.132 million for the year ended March 31, 2025, from HK$1.9 million the prior year amid reduced trading volumes, revenue drop to HK$46.82 million and lower employee costs; and De Riva's addition as a stock options exchange trading participant in March 2020.