Xiwang Property Holdings Company Limited (HKG:2088)

Hong Kong · Delayed Price · Currency is HKD

0.0380

+0.0070 (22.58%)

Mar 28, 2025, 3:38 PM HKT

HKG:2088 Financials Overview

Financials in millions CNY. Fiscal year is January - December.

Millions CNY. Fiscal year is Jan - Dec.

Revenue & Profits

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Jun '24 Jun 30, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020	Dec '19 Dec 31, 2019
Revenue	11.87	20.79	48.46	25.17	25.23	111.7
Revenue Growth	-42.91%	-57.09%	92.52%	-0.23%	-77.42%	165.40%
Gross Profit	1.52	1.44	0.93	0.69	-8.8	-35.04
Operating Income	-4.27	-4.82	-9.48	-4.69	-14.17	-46.37
Net Income	-134.36	-134.44	-7.33	7.77	-11.12	-52
Earnings Per Share	-0.10	-0.10	-0.01	0.00	-0.01	-0.04
EPS Growth	-	-	-	-	-	-

Revenue by Segment

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Jun '24 Jun 30, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020	Dec '19 Dec 31, 2019
Property Development	-	0.09	0.42	-	14.39	111.7
Property Management Services	2.74	2.73	0.9	-	-	-
Trading of Construction Material	-	17.97	47.13	25.17	10.84	-
Total	11.87	20.79	48.46	25.17	25.23	111.7

Cash & Debt

Fiscal Year	Current	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Jun '24 Jun 30, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020	Dec '19 Dec 31, 2019
Cash & Investments	145.29	150.88	150.5	148.23	144.37	143.83
Total Debt	1.18	1.58	2.31	0.46	1.03	0.51
Net Cash (Debt)	144.11	149.31	148.19	147.77	143.34	143.32
Net Cash Growth	-3.48%	0.76%	0.28%	3.09%	0.01%	11.39%
Net Cash Per Share	0.10	0.11	0.11	0.08	0.10	0.10

Cash Flow & CapEx

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Jun '24 Jun 30, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020	Dec '19 Dec 31, 2019
Operating Cash Flow	-11.24	-2.52	-3.02	2.69	-2.32	13.94
Capital Expenditures	-0	-	-0	-	-0	-
Free Cash Flow	-11.24	-2.52	-3.02	2.69	-2.32	13.94
Free Cash Flow Growth	-	-	-	-	-	-68.19%

Margins

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Jun '24 Jun 30, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020	Dec '19 Dec 31, 2019
Gross Margin	12.80%	6.94%	1.93%	2.76%	-34.89%	-31.37%
Operating Margin	-35.97%	-23.16%	-19.56%	-18.65%	-56.18%	-41.51%
Pretax Margin	-1276.83%	-731.80%	-17.08%	-6.75%	-44.75%	-58.70%
Profit Margin	-1131.91%	-646.67%	-15.13%	30.85%	-44.09%	-46.55%
FCF Margin	-94.70%	-12.12%	-6.24%	10.69%	-9.21%	12.48%

Valuation

Fiscal Year	Current	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Aug '26 Aug 2, 2026	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020	Dec '19 Dec 31, 2019
PE Ratio	-	-	-	14.34	-	-
P/FCF Ratio	-	-	-	41.37	-	16.62
PS Ratio	4.20	4.18	1.72	4.42	3.62	2.07