Company Overview - 瑞港建设控股有限公司 is a long-established contractor in Hong Kong, providing maritime construction services to both private and public sectors. The company operates in Hong Kong, Macau, and Southeast Asia, offering services such as dredging, land reclamation, and marine facility construction [2]. Financial Performance - As of December 31, 2024, 瑞港建设 reported total revenue of 1.511 billion HKD, a year-on-year decrease of 23.26%. The net profit attributable to shareholders was -147 million HKD, an increase of 15.77% year-on-year. The gross profit margin stood at 7.98%, while the debt-to-asset ratio was 94.21% [1]. Stock Performance - On August 18, the stock price of 瑞港建设 closed at 0.32 HKD per share, marking a 23.08% increase with a trading volume of 6.366 million shares and a turnover of 2.2448 million HKD. Over the past month, the stock has risen by 138.53%, and year-to-date, it has increased by 154.9%, outperforming the Hang Seng Index by 25.97% [1]. Industry Valuation - The average price-to-earnings (P/E) ratio for the construction industry is 10.94 times, with a median of 0.28 times. 瑞港建设 has a P/E ratio of -1.31 times, ranking 195th in the industry. Comparatively, other companies in the sector have P/E ratios ranging from 0.73 to 2.14 times [1]. Future Outlook - It is anticipated that 瑞港建设 will report a profit of approximately -49 million HKD for the mid-year results in 2025, reflecting a year-on-year reduction in losses of 20.97% [3].

Core Viewpoint - The company, 瑞港建设 (06816), anticipates a pre-tax loss of no less than HKD 49 million for the six months ending June 30, 2025, which represents an improvement compared to a pre-tax loss of HKD 62 million for the same period in 2024, indicating a reduction in loss by approximately HKD 13 million [1] Group 1: Financial Performance - The general construction business is expected to show improvement, with a projected increase in gross profit of approximately HKD 28 million for the mid-2025 period [1] - However, the maritime engineering segment experienced a setback due to unsatisfactory settlement results from a completed project, leading to a decrease in gross profit by about HKD 16 million [1] - Overall, despite the improvement in the general construction business, operational earnings are insufficient to cover administrative expenses and financial costs, resulting in the anticipated loss for mid-2025 [1]

格隆汇8月15日丨瑞港建设(06816.HK)公布，公司预期截至2025年6月30日止六个月期间将录得不少于4 千9百万港元的税前亏损，相对2024年度同期的6千2百万港元税前亏损，预期亏损收窄约1千3百万港 元。 集团的一般建筑业务表现于2025中期录得改善，毛利预期增加约2千8百万港元；但海事工程业务中一个 完工项目的结算结果不符理想，导致毛利减少约1千6百万港元。综合而言，尽管一般建筑业务表现改 善，但营运收益未足够平衡行政开支和财务成本，导致2025中期预计亏损。 ...

瑞 港 建 設 控 股 有 限 公 司 PROSPER CONSTRUCTION HOLDINGS LIMITED 本集團的一般建築業務表現於 2025 中期錄得改善，毛利預期增加約 2 千 8 百 萬港元；但海事工程業務中一個完工項目的結算結果不符理想，導致毛利減少 約 1 千 6 百萬港元。綜合而言，儘管一般建築業務表現改善，但營運收益未足 夠平衡行政開支和財務成本，導致 2025 中期預計虧損。 香港交易及結算所有限公司及香港聯合交易所有限公司對本公告之內容概不負責，對其準確性 或完整性亦不發表任何聲明，並明確表示概不就因本公告全部或任何部份內容而產生或因倚賴 該等內容而引致之任何損失承擔任何責任。 （ 於開曼群島註冊成立的有限公司 ） （股份代號：6816） 盈利警告和内幕消息 本公告由瑞港建設控股有限公司（「本公司」，連同其附屬公司統稱「本集 團」）根據香港聯合交易所有限公司證券上市規則（「上市規則」）第 13.09(2) 條，以及證券及期貨條例（香港法例第 571 章）第 XIVA 部之內幕消息條文 （定義見上市規則）而作出。 截至 2025 年 6 月 30 日止六個月期間的預期虧損 本公司董事 ...

本公司董事會（「董事會」）謹此公告，董事會將於 2025 年 8 月 28 日（星期 四）舉行會議，以商討（其中包括）考慮通過本集團截至 2025 年 6 月 30 日止 六個月之未經審核中期業績及考慮派發股息（如有）。 香港交易及結算所有限公司及香港聯合交易所有限公司對本公告之內容概不負責，對其準確性 或完整性亦不發表任何聲明，並明確表示概不就因本公告全部或任何部份內容而產生或因倚賴 該等內容而引致之任何損失承擔任何責任。 瑞 港 建 設 控 股 有 限 公 司 PROSPER CONSTRUCTION HOLDINGS LIMITED （ 於開曼群島註冊成立的有限公司 ） （股份代號：6816） 董事會會議通告 承董事會命 瑞港建設控股有限公司 執行董事 周宏宝 香港, 2025 年 8 月 15 日 於本公告日期，董事會成員包括執行董事姜洪昌先生(董事會主席) 、劉玉濤先生、杜建志先生、 周宏宝先生及李春曉先生；及獨立非執行董事張志文先生、陳艷女士及劉軍春先生。 ...

Key Points - As of August 15, a total of 133 stocks reached their 52-week highs, with notable performers including 瑞港建设 (RuiGang Construction) at 94.74%, 力劲科技 (LiJing Technology) at 60.74%, and 派格生物医药－Ｂ (PAG Biopharma-B) at 39.18% [1] - The highest closing prices were recorded for 瑞港建设 at 0.260, 力劲科技 at 6.790, and 派格生物医药－Ｂ at 32.000 [1] - Other significant stocks that reached new highs include FIT HON TENG at 5.970 (26.04%), 远大中国 at 0.153 (25.81%), and 百心安－Ｂ at 6.060 (25.60%) [1] - The report also highlights stocks that reached their 52-week lows, with 今海医疗科技 (JinHai Medical Technology) dropping to 0.890 (-49.45%) and 恒泰裕集团 (HengTai Yu Group) at 0.014 (-12.50%) [4] - The overall market trend indicates a mix of strong performers and struggling stocks, reflecting varying investor sentiments across different sectors [1][4]

FF301 股份發行人及根據《上市規則》第十九B章上市的香港預託證券發行人的證券變動月報表 截至月份: 2025年7月31日 狀態: 新提交 致：香港交易及結算所有限公司 公司名稱: 瑞港建設控股有限公司 (於開曼群島註冊成立的有限公司) 呈交日期: 2025年8月4日 I. 法定/註冊股本變動 | 1. 股份分類 | 普通股 | 股份類別 | 不適用 | | 於香港聯交所上市 (註1) | | 是 | | | --- | --- | --- | --- | --- | --- | --- | --- | --- | | 證券代號 (如上市) | 06816 | 說明 | 瑞港建設 | | | | | | | | | 法定/註冊股份數目 | | | 面值 | | 法定/註冊股本 | | | 上月底結存 | | | 4,000,000,000 | HKD | | 0.01 HKD | | 40,000,000 | | 增加 / 減少 (-) | | | | | | HKD | | | | 本月底結存 | | | 4,000,000,000 | HKD | | 0.01 HKD | | 40,000,000 | ...

行业估值方面，建筑行业市盈率（TTM）平均值为9.65倍，行业中值1.55倍。瑞港建设市盈率-0.57倍， 行业排名第211位；其他浦江国际（02060.HK）为1.01倍、饮食天王(环球)（08619.HK）为1.39倍、中 国管业（00380.HK）为1.5倍、进升集团控股（01581.HK）为1.55倍、靛蓝星（08373.HK）为1.58倍。 5月19日，截至港股收盘，恒生指数下跌0.05%，报23332.72点。瑞港建设（06816.HK）收报0.127港元/ 股，上涨12.39%，成交量5万股，成交额6350港元，振幅0.0%。 资料显示，瑞港建设控股有限公司为香港有着悠久历史的承建商,由香港瑞沃工程有限公司、海广有限 公司、香港瑞沃(澳门)工程有限公司、印尼瑞沃工程有限公司组成。公司主要向私营及公营机构提供海 事建筑服务。项目遍布香港,澳门及东南亚其他地区。公司海事建筑服务包括疏浚及非疏浚地基处理工 程,填海工程,码头建筑工程,近海设施地基工程及海上运输,船舶租赁等。公司拥有本身专门为开展海事建 筑工程而设计的船舶队伍,包括打桩船、开体泥驳、平面驳船、抓斗式挖泥船起重船、拖轮及浮动码头 船等。瑞 ...

Company Overview - 瑞港建设控股有限公司 is a long-established contractor in Hong Kong, comprising Hong Kong Ruiwo Engineering Co., Ltd., Haiguang Limited, Hong Kong Ruiwo (Macau) Engineering Co., Ltd., and Indonesia Ruiwo Engineering Co., Ltd. [2] - The company primarily provides maritime construction services to both private and public institutions, with projects spanning Hong Kong, Macau, and other Southeast Asian regions. [2] - Services include dredging and non-dredging foundation treatment, land reclamation, pier construction, offshore facility foundation engineering, marine transportation, and vessel leasing. [2] - The company operates a fleet of vessels specifically designed for maritime construction, including pile drivers, open-hold barges, flat barges, grab dredgers, tugboats, and floating dock vessels. [2] - 瑞港建设 is known for its high-quality, timely services, and has built a strong reputation in the industry, emphasizing quality, quantity, timeliness, and safety as its highest requirements. [2] Financial Performance - As of December 31, 2024, 瑞港建设 reported total revenue of 1.511 billion yuan, a year-on-year decrease of 23.26%. [1] - The company recorded a net profit attributable to shareholders of -147 million yuan, an increase of 15.77% year-on-year. [1] - The gross profit margin stood at 7.98%, while the debt-to-asset ratio was 94.21%. [1] Market Position and Valuation - Currently, there are no institutional investment ratings for 瑞港建设. [1] - The average price-to-earnings (P/E) ratio for the construction industry is 8.21 times, with a median of 1.58 times. [1] - 瑞港建设 has a P/E ratio of -0.43 times, ranking 214th in the industry. [1] - Comparatively, other companies in the industry have P/E ratios such as Pujiang International at 1.01 times, Food King (Global) at 1.39 times, and others ranging from 1.52 to 1.58 times. [1]

Financial Performance - The company recorded revenue of HKD 1,631.3 million for the fiscal year 2024, a decrease of approximately 23.3% compared to the fiscal year 2023[16]. - The maritime business segment's revenue decreased by approximately HKD 114.4 million or 65.7%, while the general construction business segment's revenue decreased by approximately HKD 380.1 million or 19.5%[16]. - In the fiscal year 2024, the cost of sales decreased by 22.8% to HKD 1,501.2 million, with a gross profit margin dropping to 8.0% from 8.5% in 2023[18]. - The group recorded an impairment loss provision of HKD 61.3 million for financial assets in fiscal year 2024, including HKD 32.9 million for the general construction segment and HKD 28.4 million for the maritime segment[19]. - The operating loss narrowed to HKD 70.4 million in fiscal year 2024 from HKD 100.4 million in 2023, despite a decline in revenue and further impairment provisions[24]. - The company reported a net loss for the year of HKD 150,711, a reduction of 17.0% from HKD 181,635 in 2023[169]. - Basic and diluted loss per share for 2024 was HKD 19.89, compared to HKD 23.61 in 2023, reflecting a decrease of 15.5%[167]. - The company reported a financial asset impairment loss of HKD 61,298 for 2024, down from HKD 86,775 in 2023, indicating a 29.4% improvement[167]. - The company recorded a loss of HKD 150,711,000 for the year ended December 31, 2024, compared to a loss of HKD 188,898,000 in the previous year, showing a reduction in losses[173]. Business Expansion and Strategy - The company has successfully expanded its business coverage to Guangdong and Hainan provinces to mitigate risks associated with customer concentration and specific regional economic conditions[10]. - The company is actively promoting photovoltaic-related projects, including the construction of related industrial facilities and energy-saving technology curtain wall projects[7]. - The company aims to enhance the synergy between general construction and curtain wall businesses, targeting project expansion in the Middle East market[7]. - The company has developed a comprehensive business expansion plan to capture opportunities from new business regions and sectors, anticipating improved performance in 2025[7]. - The company plans to explore potential projects in the UAE in early 2025[13]. - The group expanded its business into the Chinese construction industry through the acquisition of Dongjie Construction, enhancing its service range and competitiveness in general contracting[105]. - The group aims to consolidate its construction business in China through a framework agreement and ongoing bidding for five projects with Haifa Group[107]. Financial Position and Liabilities - The group's total liabilities to equity ratio increased to 616.6% as of December 31, 2024, compared to 366.0% in the previous year[31]. - Total liabilities increased to HKD 4,974,512,000 in 2024 from HKD 4,555,129,000 in 2023, reflecting a rise of approximately 9.2%[172]. - The company did not meet certain financial covenants for bank borrowings, totaling HKD 428,541,000, which have been classified as current liabilities as of December 31, 2024[181]. - The company believes it has sufficient operating funds to meet its financial obligations for the next twelve months, based on waivers granted by banks regarding unmet financial covenants[182]. Governance and Compliance - The company has adopted the corporate governance code and has complied with its provisions throughout fiscal year 2024, with a correction made regarding the separation of the roles of chairman and CEO[50]. - The board of directors held a total of 9 meetings in fiscal year 2024, with attendance rates varying among members[54]. - The board composition provides a balanced mix of skills, experience, and diverse perspectives to achieve the company's goals[56]. - The company has engaged an external independent consultant to review its internal control system for the fiscal year 2024, covering areas such as construction processes, financial management, inventory, and compliance management[70]. - The company has complied with all relevant laws and regulations in all material aspects during the fiscal year ending December 31, 2024[126]. Employee and Operational Metrics - The total employee cost for the fiscal year 2024 was approximately HKD 127.2 million, a decrease of 32.5% from HKD 188.6 million in fiscal year 2023[42]. - The number of employees decreased from 660 in 2023 to 567 in 2024, reflecting a reduction in various functional areas, particularly project management which saw a drop from 318 to 85 employees[42]. - As of December 31, 2024, the employee composition is 456 males (80.4%) and 111 females (19.6%), indicating a focus on gender diversity[66]. Risk Management - The company is exposed to general economic and market risks that could impact the competitiveness and profitability of maritime construction projects[46]. - The board believes that the risk management and internal control systems are effective and adequate, although they cannot eliminate all risks associated with achieving business objectives[70]. - The company has implemented monitoring procedures to manage credit risk associated with trade receivables[191]. Shareholder Communication and Dividends - The board of directors did not recommend the payment of dividends for the fiscal year 2024[44]. - The company emphasizes the importance of effective communication with shareholders to enhance their understanding of the group's business and performance[73]. - The board will consider distributing dividends at least twice a year, based on various factors including operational performance and financial condition[78]. Credit and Impairment Provisions - The expected credit loss provision for trade receivables, retention money, and notes receivable as of December 31, 2024, is HKD 121,009,000, an increase from HKD 104,957,000 in 2023[200]. - The expected loss ratio for trade receivables and retention money ranges from 0.07% to 36.96% as of December 31, 2024, compared to 0.09% to 23.15% in 2023[198]. - The group applies a simplified approach under HKFRS 9 to measure expected credit losses for trade receivables, retention money, and notes receivable, using lifetime loss provisions[197].