Link Holdings Ltd

Link Holdings Ltd

HHKEX:8237
0.69
HKD
-0.06
(-8.67%)
83.76MMarket 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
0.93
0.69
0.37
0.37
0.47
0.43
0.4
0.41
0.36
0.24
0.36
0.07
0.07
- -
Basic EPS, GAAP
0.28
-0.02
-0.02
0.08
0.08
-0.02
-0.48
-0.35
-0.81
-0.39
-0.54
-0.87
0.96
- -
Free Cash Flow per Basic Share
0.36
0.09
-0.25
-0.1
-0.22
-0.24
-0.31
0.05
0.2
-0.06
-0.16
-0.11
-0.09
- -
Dividend per Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Book Value per Share
1.02
1.33
3.13
3.19
3.37
3.18
2.76
2.42
1.56
1.05
0.43
-0.47
0.53
0.14
Tangible Book Value per Share
1.02
1.33
3.13
3.19
2.8
2.63
2.22
1.88
1.05
0.54
0.01
-0.86
0.52
0.14
Basic Weighted Avg Shares
84
98
114
140
140
140
140
140
140
140
164
168
186
168
Sales/Revenue/Turnover
78
68
42
52
66
61
55
58
50
33
58
12
13
- -
Operating Margin (%)
36.8
6.93
-20.72
-1.94
18.22
3.66
-46.91
-19.71
-24.34
-66.4
-81.56
-173.36
-156.22
- -
Depreciation Expense
5
11
12
11
13
12
14
17
16
15
12
14
13
- -
Net Income, GAAP
23
-2
-2
11
11
-3
-68
-48
-113
-54
-88
-146
178
- -
Effective Tax Rate (%)
16.56
179.43
- -
32.38
42.79
244.59
- -
- -
- -
- -
- -
- -
- -
- -
Profit Margin (%)
29.81
-3.25
-4.72
20.4
16.73
-5.37
-122.27
-83.67
-227.41
-162.88
-151.28
-1,262.38
1,341.58
- -
Working Capital
51
-60
193
32
-100
-159
-227
-207
-232
-355
-423
-500
-100
-435
LT Debt
170
80
157
139
128
141
112
122
114
20
3
4
- -
3
Total Equity
119
154
445
452
476
450
391
343
221
148
73
-81
99
24
Return on Invested Capital (%)
- -
-1.02
- -
-0.1
1.03
-0.94
- -
- -
- -
- -
- -
- -
- -
- -
Return on Capital (%)
- -
-1.97
- -
2.38
2.16
-2.09
- -
- -
- -
- -
- -
- -
- -
- -
Return on Common Equity (%)
- -
-1.67
-0.68
2.42
2.41
-0.71
-16.28
-13.34
-40.73
-29.78
-81.04
- -
- -
- -

Capital Structure

HKD

•

in mil. unless spec.
Sep'23
Dec'23
Jun'24
ST Debt
- -
378
398
LT Borrowings
- -
2
2
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
168
168
168
Market Capitalization
- -
- -
84

Working Capital

HKD

•

in mil. unless spec.
Sep'23
Dec'23
Jun'24
Total Current Assets
- -
66
57
Cash, Cash Equivalents & STI
- -
56
52
Accounts Receivable, Net
- -
7
5
Inventories
- -
- -
- -
Total Current Liabilities
- -
489
492
Payables & Accruals
- -
- -
- -
ST Debt
- -
378
398
Deferred Revenue
- -
- -
- -

Growth Rates

HKD

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
-57.77%
-110.74%
-222.32%
Free Cash Flow
32.47%
67.02%
-6.62%
Net Income, GAAP
117.09%
-2.13%
-221.75%
Sales/Revenue/Turnover
0.09%
-7.44%
14.56%
Total Cash Common Dividend
- -
- -
- -

Semi-annual Revenue

HKD

•

in mil. unless spec.

Year

H1
H2
FY
2023
- -
- -
58
2024
- -
- -
12
2025
- -
- -
13

Semi-annual Earnings Per Share

HKD

•

in mil. unless spec.

Year

H1
H2
FY
2023
- -
- -
-0.54
2024
- -
- -
-0.87
2025
- -
- -
0.96

Semi-annual Dividends Per Share

HKD

•

in mil. unless spec.

Year

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

Company Description

CEO
Tian Mei
Full Time Employees
52
Sector
Consumer services
Industry
Hotels/Resorts/Cruise lines
Address
Yue Hing Building Hong Kong Hong Kong
IPO Date
Jul 7, 2014
Website
irasia.com
Business
Link Holdings Limited Link Holdings Limited (8237.HK), an investment holding company incorporated in 2012 and headquartered in Sheung Wan, Hong Kong, primarily engages in hotel operations and distressed debt asset management across the People's Republic of China, Singapore, Indonesia, and Japan. The company operates through two main segments: hotel business, including ownership and management of boutique-style properties such as Link Hotel in Singapore's Tiong Bahru Road, Hanatsubaki Spa Hotel in Japan, and interests in the Bintan Resort project in Indonesia; and distressed debt asset management services in China, alongside property investment, cottage, and real estate activities. It serves leisure and business travelers in the lodging sector, with additional focus on real estate development and non-performing asset recovery for institutional clients. As a subsidiary of Ace Kingdom Enterprises Corporation, Link Holdings Limited recently faced a significant operational shift with the British Virgin Islands Court's order for the liquidation of its subsidiary Silverine, leading to the deconsolidation of Singapore operations from its financial statements to streamline focus on core assets like the Hanatsubaki Spa Hotel and Bintan Resort; the company also reported interim results showing shareholder losses of HK$42.206 million and announced a capital reorganization with changes in board lot size and trading arrangements in early 2025, amid ongoing temporary renovations impacting hotel revenue which declined 28.6% to HK$41.7 million for the year ended December 2024.