China AI Infrastructure Group Limited (HKG:2349)

Hong Kong · Delayed Price · Currency is HKD

0.0880

-0.0030 (-3.30%)

Sep 10, 2026, 11:49 AM HKT

HKG:2349 Financials Overview

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

Millions HKD. Fiscal year is Jan - Dec.

Revenue & Profits

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Revenue	62.74	59.71	48.43	51.78	65.59	64.33
Revenue Growth	5.07%	23.29%	-6.47%	-21.06%	1.96%	-12.76%
Gross Profit	38.88	37.01	2.32	7.74	30.99	42.86
Operating Income	11.16	10.84	-32.03	-31.31	-11	-9.74
Net Income	-105.45	-96.21	-65.79	-111.33	-114.22	-167.11
Earnings Per Share	-0.03	-0.03	-0.02	-0.04	-0.04	-0.05
EPS Growth	-	-	-	-	-	-

Revenue by Segment

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Property Investment Business	33.34	34.99	33.35	36.41	36.75	39.66
Property Management Business	27.4	24.72	15.08	15.38	18.25	24.67
Total	62.74	59.71	48.43	51.78	65.59	64.33

Cash & Debt

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Cash & Investments	17.29	22.3	9.72	12.57	17.08	17.43
Total Debt	418.99	404.63	361.82	345.68	371.83	1,090
Net Cash (Debt)	-401.7	-382.33	-352.1	-333.12	-354.74	-1,073
Net Cash Growth	-	-	-	-	-	-
Net Cash Per Share	-0.13	-0.12	-0.11	-0.11	-0.11	-0.34

Cash Flow & CapEx

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Operating Cash Flow	-	13.18	5.83	1.2	-13.41	-4.84
Capital Expenditures	-	-0.01	-0.02	-0.04	-0.31	-0.95
Free Cash Flow	-	13.17	5.82	1.16	-13.72	-5.79
Free Cash Flow Growth	-	126.36%	402.07%	-	-	-

Margins

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Gross Margin	61.97%	61.98%	4.78%	14.95%	47.25%	66.62%
Operating Margin	17.79%	18.15%	-66.14%	-60.47%	-16.77%	-15.13%
Pretax Margin	-212.25%	-198.78%	-176.84%	-210.14%	-137.76%	-276.78%
Profit Margin	-168.08%	-161.13%	-135.83%	-215.01%	-174.13%	-259.77%
FCF Margin	-	22.06%	12.02%	2.24%	-20.91%	-9.01%

Valuation

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep '26 Sep 12, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
P/FCF Ratio	-	15.44	28.49	180.84	-	-
PS Ratio	4.39	3.41	3.42	4.05	2.67	9.09