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JY Grandmark Holdings Limited (2231) AI Stock Analysis

HK:2231

JY Grandmark Holdings Limited

(HKEX:2231)

Select Model
Rating:38Underperform
Price Target:HKD 0.01â–¼(-18.18% Downside)
Action:downgraded
Date:10/16/26

The score is driven primarily by severe financial deterioration, including negative equity, sustained losses, high leverage, and unreliable cash generation. Weak price momentum and a negative P/E provide additional downside signals, while the oversold RSI offers only limited technical support.

Positive Factors
Positive 2025 Cash FlowPositive operating and free cash flow in 2025 provides some support despite reported losses. If maintained, internal cash generation could help fund operations and reduce reliance on external financing, although the record remains uneven.
Negative Factors
Sharp Revenue and Profitability DeclineThe steep revenue contraction and deeply negative margins indicate that the current business model is not converting its operations into earnings. Continued losses could weaken reinvestment capacity and make recovery dependent on a material improvement in performance.

JY Grandmark Holdings Limited (2231) vs. iShares MSCI Hong Kong ETF (EWH)

-100%-75%-50%-25%0%25%HK:2231-94.88%EWH+7.37%Dec '25Jan '26Feb '26Mar '26Apr '26May '26Jun '26Jul '26Aug '26Sep '26Oct '26
Market Cap
HKD 18.11M
Dividend Yield
―
Average Volume (3M)
27.52M
Price to Earnings (P/E)
-0.0
Beta (1Y)
0.02
Revenue Growth
-82.79%
EPS Growth
-118.63%
Country
Hong Kong
Employees
222
Sector
Real Estate
Sector Strength
65
Industry
Real Estate - Development

JY Grandmark Holdings Limited Business Overview & Revenue Model

Company Description

Headquartered in Guangzhou, People's Republic of China, JY Grandmark Holdings Limited is an investment holding company primarily focused on real estate development throughout the country. Established in 2013, its diverse operations span four key area...

How the Company Makes Money

null

JY Grandmark Holdings Limited Financial Statement Overview

Summary

Financial performance is severely distressed: revenue collapsed, losses remained heavy, equity turned negative, leverage is high, and cash flow is volatile despite modestly positive free cash flow in 2025.

Income Statement

10Very Negative

Balance Sheet

8Very Negative

Cash Flow

20Very Negative
Financial statement breakdown
BreakdownTTMDec 2025Dec 2024Dec 2023Dec 2022Dec 2021
Income Statement
Total Revenue258.25M559.12M3.43B513.46M513.31M2.04B
Gross Profit-155.66M-126.39M500.49M-1.62B73.61M583.23M
EBITDA-341.30M-316.07M1.41M-1.95B-820.33M335.39M
Net Income-473.32M-408.90M-344.10M-1.84B-721.86M216.45M
Balance Sheet
Total Assets6.00B6.22B6.97B10.30B12.49B13.93B
Cash, Cash Equivalents and Short-Term Investments61.58M72.35M21.18M125.01M187.03M1.03B
Total Debt3.56B3.52B3.33B3.27B3.69B4.56B
Total Liabilities5.52B5.57B5.85B8.75B8.77B9.15B
Stockholders Equity-790.85M-668.43M-313.44M392.41M2.25B3.11B
Cash Flow
Free Cash Flow-94.03M21.01M-105.20M371.17M469.41M-1.72B
Operating Cash Flow-94.31M21.35M-105.08M372.06M471.14M-1.72B
Investing Cash Flow-36.07M18.77M103.13M254.29M-96.26M-23.36M
Financing Cash Flow22.69M-40.56M-102.57M-692.11M-1.24B745.57M

JY Grandmark Holdings Limited Technical Analysis

Technical Analysis SentimentNegative
Last Price0.01

Price Trends

50DMA0.02Negative
100DMA0.02Negative
200DMA0.03Negative

Market Momentum

MACD-0.00Positive
RSI15.58Positive
STOCH0.00Positive

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For HK:2231, the sentiment is Negative. The current price of 0.01 is below the 20-day moving average (MA) of 0.01, below the 50-day MA of 0.02, and below the 200-day MA of 0.03, indicating a bearish trend. The MACD of -0.00 indicates Positive momentum. The RSI at 15.58 is Positive, neither overbought nor oversold. The STOCH value of 0.00 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for HK:2231.

JY Grandmark Holdings Limited Peers Comparison

Overall Rating

UnderperformOutperform
Sector (65)

Financial Indicators

HK:2231 against its peers
NameOverall RatingMarket CapP/E RatioROEDividend YieldRevenue GrowthEPS Growth
Sector *65Neutral$2.17B12.193.79%4.94%3.15%1.96%
HK:1064HK:106443NeutralHKD 39.20M-4.36-2.73%―9.42%65.89%
HK:2288HK:228842NeutralHKD 52.56M-0.28-29.42%―-30.97%48.96%
HK:6158HK:615839UnderperformHKD 69.88M-0.0060.28%―-56.20%-81.98%
HK:0755HK:075538UnderperformHKD 36.42M-0.72-13.13%―21.98%84.38%
HK:2231HK:223138UnderperformHKD 18.11M-0.0364.87%―-82.79%-118.63%

* Real Estate Sector Average

Performance Comparison

-50%0%50%HK:2231HK:6158HK:1064HK:2088HK:0755HK:2288Dec '25Jan '26Feb '26Mar '26Apr '26May '26Jun '26Jul '26Aug '26Sep '26Oct '26
HK:2231 and its peers over the selected period
Show on chartTickerCompany NamePriceChange% Change
HK:2231JY Grandmark Holdings Limited0.01-0.17-93.96%
HK:6158Zhenro Properties Group Limited0.02-0.02-56.76%
HK:1064Zhong Hua International Holdings Limited0.05-0.03-37.04%
HK:2088Xiwang Property Holdings Co., Ltd.0.040.000.00%
HK:0755Shanghai Zendai Property Ltd.0.20-0.17-44.86%
HK:2288Rykadan Capital Ltd.0.14-0.02-10.26%

JY Grandmark Holdings Limited Corporate Events

JY Grandmark Warns of Mounting Loan Defaults and Weak Sales in 2026 Update

Oct 16, 2026

JY Grandmark Holdings Limited has reported that as of 30 September 2026, it carried total bank and other borrowings of about RMB3,098 million, with approximately RMB2,898 million classified as in default. Several group entities, including indirect Ho...

JY Grandmark Warns of Litigation Strain as It Chases Debt-Reduction Goals

Sep 22, 2026

JY Grandmark Holdings Limited has provided a supplemental update on its financial position and litigation exposure linked to a prior disclaimer of opinion in its 2025 annual report. The group has repaid about RMB11.25 million in borrowings between 1...

JY Grandmark’s Former Holding Company Placed in Liquidation as Ownership Structure Shifts

Sep 1, 2026

JY Grandmark Holdings Limited announced that the Eastern Caribbean Supreme Court has appointed joint liquidators from Ernst & Young to wind up Sze Ming Limited, a British Virgin Islands entity that previously held more than 50% of its shares. As...

JY Grandmark Posts Wider Interim Loss Amid Slumping Revenue and Rising Finance Costs

Aug 27, 2026

JY Grandmark Holdings Limited, a Hong Kong-listed property developer incorporated in the Cayman Islands, derives most of its income from the sale and development of residential real estate in mainland China. Its operations are closely tied to trends...

JY Grandmark Sets August Board Meeting to Approve Interim Results and Consider Dividend

Aug 17, 2026

JY Grandmark Holdings Limited has scheduled a board meeting for 27 August 2026 to review and approve the interim results for the six months ended 30 June 2026. The board will also consider the declaration of an interim dividend, signaling potential r...

JY Grandmark Warns of Mounting Default Risks Amid Stalled Debt Talks

Aug 14, 2026

JY Grandmark Holdings Limited has provided a July 2026 update on efforts to resolve the disclaimer of opinion issued by its auditor on the 2025 consolidated financial statements, which stemmed from significant uncertainties over the group’s abi...

Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

Disclaimer

This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.

Date of analysis: Oct 16, 2026