G-Resources Group Limited
0.71
USD
-0.06
(-7.24%)
ISIN
BMG4111M2019
CUSIP
G4111M201
Return %
Stock
S&P 500
1Y
8.37
14.20
3Y
238.39
81.12
5Y
100.92
68.34
Capital Structure
USD
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in mil. unless spec.Working Capital
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in mil. unless spec.Growth Rates
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in mil. unless spec.Semi-annual Revenue
USD
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in mil. unless spec.Semi-annual Earnings Per Share
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in mil. unless spec.Semi-annual Dividends Per Share
USD
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in mil. unless spec.Company Description
- CEO
- Wai Yiu Leung
- Full Time Employees
- 43
- Sector
- Finance
- Industry
- Financial conglomerates
- Address
- Capital Centre Hong Kong Hong Kong
- IPO Date
- Apr 29, 1994
- Website
- g-resources.com
- Similar Companies
- Business
- G-Resources Group Limited (1051.HK) is an investment holding company principally engaged in principal investment, financial services, and real property businesses. The principal investment business manages a diversified portfolio encompassing listed shares, listed senior notes, listed perpetual notes, unlisted investment funds including private equity and hedge funds, unlisted equity investments in sectors such as financial technology, information technology, and electric motor systems, unlisted exchangeable notes, and other securities; the financial services business provides securities trading and brokerage services, placing and underwriting services, corporate finance advisory, margin financing, money lending, investment advisory and management services, and asset management services; while the real property business involves leasing office units and car parks, and managing investments in foreign investment properties and unlisted real estate investment funds. The company serves institutional and retail clients across these segments, with operations spanning Hong Kong, Singapore, the People's Republic of China, the United States, Europe, and other international markets. Incorporated in 1994 and headquartered in Wan Chai, Hong Kong, G-Resources Group Limited employs approximately 43 staff and reported revenue of USD37.9 million for the year ended December 31, 2024, primarily from interest income, dividend and distribution income, fee and commission income, and rental income. Recent developments include the acquisition of unlisted exchangeable notes issued by an independent third party with a principal value of USD4.5 million maturing in 2029, whose underlying asset operates in information technology; redemption of remaining unlisted hedge funds totaling USD27.6 million; strategic investments in listed debt instruments measured at amortised cost, including fixed-rate and floating-rate senior notes; and recognition of a USD7.6 million impairment loss on goodwill alongside fair value gains of USD5.3 million on financial assets at fair value through profit or loss, contributing to a net profit attributable to owners of USD47.5 million for 2024. In April 2024, the company announced a discloseable transaction involving acquisitions of listed securities, and in March 2024, a subscription of limited partner interest in a fund, reflecting ongoing portfolio expansion and active capital deployment. The group maintains significant liquidity with cash and equivalents of USD263.6 million as of December 31, 2024, and proposed a final dividend of HKD0.12 per share for the year.