0115.Hk
0115.HK operates in the real estate rental, development, and operations sector, generating revenue primarily through property development and management activities.
Business. 0115.HK operates in the real estate rental, development, and operations sector, generating revenue primarily through property development and management activities.
At a glance
What drives this business
The watch-list the newsroom runs for this company — derived from its sector path, sharpened layer by layer. Not investment advice.
News & coverage
0Sector rotation
Developing storylines
Analysis
AI analysisOpportunity
Upcoming catalysts
Scheduled public events. Informational only — not investment advice.
- Macro
- Rate decisionBank of England rate decision (press conf.)2026-08-06 · GB
- Rate decisionReserve Bank of Australia rate decision (press conf.)2026-08-12 · AU
- Rate decisionNorges Bank rate decision (press conf.)2026-08-20 · NO
- Rate decisionSveriges Riksbank rate decision (press conf.)2026-09-03 · SE
- Rate decisionBank of Canada rate decision (press conf.)2026-09-09 · CA
- Rate decisionEuropean Central Bank rate decision (press conf.)2026-09-10 · EU
- Macro & political
- ElectionSE Swedish Election2026-09-14 · SE
- ElectionUS U.S. Midterms2026-11-03 · US
- ElectionFR French Legislative2027-06-01 · FR
Pre-earnings brief
Signals & dispatch
Composite-score breakdown
Synthesis
0115.HK operates in the real estate rental, development, and operations sector, generating revenue primarily through property development and management activities.
The company's capital structure is highly leveraged, with a debt-to-equity ratio of 3.19, indicating a significant reliance on debt financing. Its liquidity position is weak, as evidenced by a current ratio of 0.34, suggesting that the company may struggle to meet short-term obligations without external financing. The negative net cash position, after subtracting total debt, further underscores the company's liquidity challenges.
Profitability metrics are severely negative, with a return on equity of -46.88% and a return on assets of -4.83%, both well below the industry median for real estate development and operations. The company reported a net loss of 82,067,000 HKD and an operating loss of 188,961,000 HKD, indicating a significant decline in operational performance. Gross profit of 20,162,000 HKD is insufficient to cover operating expenses, highlighting the need for cost optimization or revenue diversification.
The company's revenue is not segmented by geographic region or business line in the available data, making it difficult to assess revenue concentration or diversification. However, the lack of segment reporting may indicate a concentration of risk in a single market or product line, which could be a concern for investors.
Growth trajectory is negative, with the company reporting a net loss and declining operating income. The available data does not provide forward-looking guidance, but the current financial performance suggests a challenging outlook for the near term. The company's revenue of 242,609,000 HKD is a key metric to monitor, as any further decline could exacerbate liquidity and solvency risks.
Risk factors include a high debt load, weak liquidity, and negative profitability. The company's dilution potential is currently low, but the need for additional financing could increase in the future. The risk assessment indicates a medium liquidity risk and a low dilution risk, but the overall financial health of the company is a concern.
Recent events, such as the reported net loss and operating loss, suggest that the company is facing significant financial challenges. The lack of positive earnings and the high debt-to-equity ratio may lead to increased scrutiny from investors and creditors. The company's ability to generate positive cash flow and reduce its debt burden will be critical to its long-term viability.
- The company is highly leveraged with a debt-to-equity ratio of 3.19, indicating a significant reliance on debt financing.
- Profitability is severely negative, with a return on equity of -46.88% and a return on assets of -4.83%.
- Liquidity is weak, as evidenced by a current ratio of 0.34 and a negative net cash position after subtracting total debt.
- The company reported a net loss of 82,067,000 HKD and an operating loss of 188,961,000 HKD, indicating a significant decline in operational performance.
- Growth trajectory is negative, with the company reporting a net loss and declining operating income.
- **margin_outlook_rationale**: The company's gross margin is insufficient to cover operating expenses, indicating a need for cost optimization or revenue diversification.
- **rd_outlook_rationale**: No specific information is available on the company's research and development activities or their impact on future growth.
Bull / Bear case
analysis pipelineIn focus — financials by report
Valuation
Revenue by segment
Business relationships
Supply chain
Peer comparison
Market position
Stress test
Predictor forecast
Options
Short squeeze
Earnings-call key lines
Estimate revisions
consensus EPS · 26-week trendSell-side observations
Themes
ESG
Risk factors
- Net cash is negative after subtracting total debt.
Benchmarks vs cohort
Corporate actions / M&A
FX exposure
Comparable transactions
Derivatives & instruments
Actions
Ask Handelsavisen
- Market data
- Market data cache
- Issuer disclosures
- Public news
- Earnings transcripts
- Consensus estimates
- ESG data
- Dilution Ratio(shares_outstanding_diluted - shares_outstanding_basic) / shares_outstanding_basic
- Net Cashcash_and_equivalents + short_term_investments - short_term_debt - long_term_debt
- Return On Equitynet_income / total_equity
- Debt To Equity(short_term_debt + long_term_debt) / total_equity
- Return On Assetsnet_income / total_assets
- 0115.HK Market data — financials · 2026-05-26
- Grand Field Group Holdings Ltd Market data — analyst estimates · 2026-05-26
Ownership & reference
Leadership
- Xuemian MaExecutive Chairman of the Board
Insider activity
Short positioning
Geographic breakdown
Intel & risk
4 tracked-field change(s) detected vs prior analysis; max severity: medium.
- Dilution risk— → lowlow
- Liquidity risk— → mediumlow
- Activity— → Real Estate Rental, Development & Operationsmedium
- Economic sector— → Real Estatemedium