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1176.HK — HKEX Real Estate Rental, Development & Operations

1176.Hk

HK$0,02
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1D5D1M3M6MYTD1Y5YMax
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Mcap
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P/E
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EV / Rev
—
Div yield
—
Op margin
-146,6 %
ROE
-103,9 %
Net margin
-215,2 %
Debt / equity
4,25
Beta
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52w range
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Volume
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Day range
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Prev close
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Open
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Next earnings
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Ex-dividend
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TR 1Y
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About

1176.HK operates in the real estate rental, development, and operations industry, generating revenue primarily through property development and management activities.

Business. 1176.HK operates in the real estate rental, development, and operations industry, generating revenue primarily through property development and management activities.

Classification92 %
SectorReal Estate
IndustryReal Estate Rental, Development & Operations
Generated · model-assisted
Sell-side consensus
—consensus pending
— buy— hold— sell
Avg 12m price target—
Upcoming events
— missing data
See all catalysts →

At a glance

Score
—
not yet scored
Valuation
—
valuation pending
Analysts
—
not yet wired
Ownership
—
not yet wired
Profitability→
-103,9 %
return on equity
Quality
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not yet scored

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.

— missing data

News & coverage

0
  • No recent newsroom coverage mentioning 1176.

    • Sector rotation

    Sector1D1Mvs mkt
    Materials+2,3 %+6,6 %+1,7 %
    Communication Services+2,2 %−5,5 %+1,6 %
    Energy+0,6 %+3,3 %+0,0 %
    Health Care+0,6 %−0,8 %+0,0 %
    Information Technology+0,6 %+6,7 %+0,0 %
    Consumer Discretionary+0,4 %+7,6 %−0,2 %
    Financials−0,3 %−2,8 %−0,9 %
    Consumer Staples−0,4 %+2,5 %−1,0 %
    Real Estate · THIS SECTOR−0,7 %+10,9 %−1,3 %
    Industrials−1,9 %−3,1 %−2,5 %
    Utilities−1,9 %+28,2 %−2,5 %

    Developing storylines

    No tracked sagas currently linked to 1176.HK. Browse all sagas →

    Analysis

    AI analysis
    Generated · analysis pipeline · tier hybrid · as of 2026-08-04 ↑ At a glance

    Opportunity

    — missing data

    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

    — missing data

    Signals & dispatch

    peak dispatch · —

    Composite-score breakdown

    Synthesis

    Business

    1176.HK operates in the real estate rental, development, and operations industry, generating revenue primarily through property development and management activities.

    Classification92 %
    SectorReal Estate
    IndustryReal Estate Rental, Development & Operations
    AI synthesis
    GENERATED

    The company's capital structure is highly leveraged, with a debt-to-equity ratio of 4.25, indicating significant reliance on debt financing. Despite a negative net income of -3.41 billion HKD, the company maintains a current ratio of 0.61, suggesting limited short-term liquidity. The operating cash flow of 620.78 million HKD contrasts with a negative free cash flow of -3.45 billion HKD, highlighting the pressure from capital outflows.

    Profitability metrics are severely negative, with a return on equity of -103.94% and a return on assets of -10.41%, both well below the typical performance of the real estate development and operations industry. The company's operating income of -2.32 billion HKD indicates a significant decline in operational efficiency, which is a concern for stakeholders.

    The company's revenue is not segmented by geographic regions or business lines in the available data, making it difficult to assess the concentration of risk or growth potential in specific markets. However, the overall revenue of 1.59 billion HKD suggests a relatively modest scale of operations.

    Looking ahead, the company's growth trajectory is uncertain, with no specific numeric deltas provided for the current or next fiscal year. The negative net income and operating income suggest a challenging operating environment, potentially influenced by market conditions or internal inefficiencies. The risk assessment indicates a medium liquidity risk and a low dilution risk, with the key flag being the negative net cash position after subtracting total debt.

    Recent events, such as the latest actual EPS of -0.01 HKD and revenue of 10.85 million HKD, reflect the company's current financial performance. These figures are below the typical expectations for a company in the real estate development and operations industry, indicating potential challenges in maintaining profitability.

    Key takeaways
    • The company is highly leveraged with a debt-to-equity ratio of 4.25, indicating a significant reliance on debt financing.
    • Profitability is severely negative, with a return on equity of -103.94% and a return on assets of -10.41%.
    • The company's liquidity is limited, as evidenced by a current ratio of 0.61 and a negative free cash flow of -3.45 billion HKD.
    • The company's growth trajectory is uncertain, with no specific numeric deltas provided for the current or next fiscal year.
    • The risk assessment indicates a medium liquidity risk and a low dilution risk, with the key flag being the negative net cash position after subtracting total debt.
    • **margin_outlook_rationale**: The company's operating margin is expected to remain negative due to high debt servicing costs and declining revenue.
    • **rd_outlook_rationale**: There is no specific information provided on the company's research and development outlook.

    Bull / Bear case

    analysis pipeline
    — missing data

    In focus — financials by report

    Valuation

    Market price
    HK$0,02
    Market cap
    —
    Enterprise valueⓘ
    —
    P/Eⓘ
    —
    Non-GAAP P/Eⓘ
    —
    EV / Revenueⓘ
    —
    EV / Op incomeⓘ
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    EV / OCFⓘ
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    P / Bⓘ
    —
    P / Tangible bookⓘ
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    Tangible book
    HK$3.28B
    Net cashⓘ
    -HK$13.94B
    Current ratioⓘ
    0.6
    Debt / equityⓘ
    4.2
    ROAⓘ
    -10.4%
    ROEⓘ
    -1.0%
    Cash conversionⓘ
    -18.0%
    CapEx / revenueⓘ
    -0.0%
    SBC / revenueⓘ
    —
    Dilution ratioⓘ
    0.0%

    Revenue by segment

    Market share

    — missing data

    Business relationships

    — missing data

    Supply chain

    — missing data

    Peer comparison

    — missing data

    Market position

    Stress test

    — missing data

    Predictor forecast

    Options

    — missing data

    Short squeeze

    — missing data

    Earnings-call key lines

    — missing data

    Estimate revisions

    consensus EPS · 26-week trend
    — missing data

    Sell-side observations

    — missing data

    Themes

    — missing data

    ESG

    — missing data

    Risk factors

    Dilution riskLow
    Liquidity riskMedium
    Filing-based flags
    • Net cash is negative after subtracting total debt.

    Benchmarks vs cohort

    Op Margin-146,6 %Bottom quartile
    Net Margin-215,2 %Bottom quartile
    ROE-103,9 %Bottom quartile
    Capex / Rev-0,0 %Above P75
    D/E4,25Bottom quartile
    Cash Conv-0,18Below median

    Corporate actions / M&A

    — missing data

    FX exposure

    — missing data

    Comparable transactions

    — missing data

    Derivatives & instruments

    — missing data

    Actions

    Ask Handelsavisen

    — missing data
    Data sources
    • Market data
    • Market data cache
    • Issuer disclosures
    • Public news
    • Earnings transcripts
    • Consensus estimates
    • ESG data
    How metrics are computed
    • Dilution Ratio
      (shares_outstanding_diluted - shares_outstanding_basic) / shares_outstanding_basic
    • Net Cash
      cash_and_equivalents + short_term_investments - short_term_debt - long_term_debt
    • Capex To Revenue
      capital_expenditure / revenue
    • Return On Equity
      net_income / total_equity
    • Debt To Equity
      (short_term_debt + long_term_debt) / total_equity
    • Cash Conversion Ratio
      operating_cash_flow / net_income
    Source documents
    • 1176.HK Market data — financials · 2026-05-26
    • Zhuguang Holdings Group Company Ltd Market data — analyst estimates · 2026-05-26

    Ownership & reference

    Leadership

    • Hing Tsung ChuExecutive Chairman of the Board
    • Jie LiuChief Executive Officer, Executive Director

    Insider activity

    — missing data

    Short positioning

    — missing data

    Geographic breakdown

    — missing data
    Listings · one canonical issuer all listings resolve to the canonical
    1176.HKCanonical
    HKEX · HKD

    Intel & risk

    peak dispatch · —
    OSINT findings
    Dilution riskLow
    Liquidity riskMedium
    Net cash is negative after subtracting total debt.

    Evidence & claims

    From filings & derived data
    — missing data

    The Thread

    Everything we know, in order
    — missing data
    Sources filings · IR · transcripts · market data · tier hybrid · as of 2026-08-04 Market data · Issuer disclosures · Public news · Earnings transcripts · Consensus estimates · ESG data Premium coverage