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REF Holdings Limited

HKD 1.31 +$0.76 (+139.09%)

HKSE · 16 Sep 2026 05:48 UTC

Previous Close

HKD 1.3

Day Range

HKD 1.3HKD 1.31

Year Range

HKD 0.36HKD 1.89

Market Cap

403.97M

AVG Volume

791.29K

Trailing/Forward PE

128.92/-

PEG ratio

-2.82

Dividend Yield

Next Earnings Date

Primary Exchange

Hong Kong Stock Exchange

Revenue (HKD)

1631.HK Revenue (HKD) by quarter
Period	Revenue (HKD)
26 Q2	54.93M
26 Q1	27.46M
25 Q4	19.48M
25 Q3	19.48M
25 Q2	26.67M
25 Q1	26.67M
24 Q4	21.57M
24 Q3	21.57M
24 Q2	31.61M
24 Q1	31.61M

Net Income (HKD)

1631.HK Net Income (HKD) by quarter
Period	Net Income (HKD)
26 Q2	3.38M
26 Q1	1.69M
25 Q4	-1.5M
25 Q3	-751K
25 Q2	2.24M
25 Q1	2.24M
24 Q4	183.5K
24 Q3	183.5K
24 Q2	2.65M
24 Q1	2.65M

Operating Income (HKD)

1631.HK Operating Income (HKD) by quarter
Period	Operating Income (HKD)
26 Q2	3.36M
26 Q1	1.68M
25 Q4	-994.5K
25 Q3	-994.5K
25 Q2	2.75M
25 Q1	2.75M
24 Q4	650.5K
24 Q3	650.5K
24 Q2	2.91M
24 Q1	2.91M

EBITDA (HKD)

1631.HK EBITDA (HKD) by quarter
Period	EBITDA (HKD)
26 Q2	12.59M
26 Q1	2.1M
25 Q4	-572K
25 Q3	-572K
25 Q2	3.16M
25 Q1	3.16M
24 Q4	1.18M
24 Q3	1.18M
24 Q2	3.79M
24 Q1	3.79M

Cash Flows (HKD)

1631.HK Cash Flows (HKD) by quarter
Period	Cash Flows (HKD)
26 Q2	16.34M
26 Q1	0
25 Q4	25.89M
25 Q3	12.5M
25 Q2	2.56M
25 Q1	2.56M
24 Q4	17.54M
24 Q3	8.35M
24 Q2	-2.5K
24 Q1	-2.5K

EPS (HKD)

1631.HK EPS (HKD) by quarter
Period	EPS (HKD)
26 Q2	0.01
26 Q1	0.01
25 Q4	-0.01
25 Q3	-0
25 Q2	0.01
25 Q1	0.01
24 Q4	0
24 Q3	0
24 Q2	0.01
24 Q1	0.01

Expenses (HKD)

1631.HK Expenses (HKD) by quarter
Period	Expenses (HKD)
26 Q2	26.77M
26 Q1	12.54M
25 Q4	10.13M
25 Q3	10.1M
25 Q2	11.58M
25 Q1	11.58M
24 Q4	10.43M
24 Q3	10.32M
24 Q2	14.3M
24 Q1	14.3M

Cash & Debt (HKD)

1631.HK Cash & Debt (HKD) by quarter
Period	Cash & Debt (HKD)
26 Q2	98.95M
26 Q1	98.69M
25 Q4	68.86M
25 Q3	68.38M
25 Q2	52.55M
25 Q1	52.55M
24 Q4	55.75M
24 Q3	55.75M
24 Q2	49.06M
24 Q1	48.24M

Debt ratios

1631.HK Debt ratios by quarter
Period	Debt ratios
26 Q2	-6.13
26 Q1	-20.1
25 Q4	-9.01
25 Q3	-6.66
25 Q2	-2.75
25 Q1	-2.56
24 Q4	-1.95
24 Q3	-1.83
24 Q2	-0.36
24 Q1	-0.23

Margins

1631.HK Margins by quarter
Period	Margins
26 Q2	51.77%
26 Q1	51.77%
25 Q4	46.62%
25 Q3	46.62%
25 Q2	53.34%
25 Q1	53.34%
24 Q4	50.34%
24 Q3	50.34%
24 Q2	54.34%
24 Q1	54.34%

Return on Capital

1631.HK Return on Capital by quarter
Period	Return on Capital
26 Q2	3.1%
26 Q1	1.55%
25 Q4	-1.81%
25 Q3	-0.91%
25 Q2	2.66%
25 Q1	2.66%
24 Q4	0.23%
24 Q3	0.23%
24 Q2	3.4%
24 Q1	3.4%

Shares Outstanding

1631.HK Shares Outstanding by quarter
Period	Shares Outstanding
26 Q2	265.9M
26 Q1	265.92M
25 Q4	254.92M
25 Q3	254.92M
25 Q2	261.81M
25 Q1	261.81M
24 Q4	256.28M
24 Q3	256.28M
24 Q2	256.01M
24 Q1	256.01M

Dividends (HKD)

1631.HK Dividends (HKD) by quarter
Period	Dividends (HKD)
Apr 23	0.15
May 22	0.2
Apr 21	0.3
Sep 20	0.2

Book Value Per Share (HKD)

1631.HK Book Value Per Share (HKD) by quarter
Period	Book Value Per Share (HKD)
26 Q2	0.41
26 Q1	0.41
25 Q4	0.32
25 Q3	0.32
25 Q2	0.32
25 Q1	0.32
24 Q4	0.31
24 Q3	0.31
24 Q2	0.3
24 Q1	0.3

Total Assets (HKD)

1631.HK Total Assets (HKD) by quarter
Period	Total Assets (HKD)
26 Q2	169.35M
26 Q1	169.35M
25 Q4	123.65M
25 Q3	123.65M
25 Q2	126.83M
25 Q1	126.83M
24 Q4	125.5M
24 Q3	125.5M
24 Q2	143.25M
24 Q1	143.25M

PE Ratio

1631.HK PE Ratio by quarter
Period	PE Ratio
Sep 26	206.63
Sep 26	208.22
Sep 26	211.4
Aug 26	214.58
Aug 26	219.34
Aug 26	214.58
Aug 26	217.76
Jul 26	214.58
Jul 26	205.04
Jul 26	222.52
Jul 26	222.52
Jul 26	205.04
Jun 26	143.28
Jun 26	149.01
Jun 26	168.5
Jun 26	159.33
May 26	158.18
May 26	168.5
May 26	121.5
May 26	58.46
Apr 26	58.46
Apr 26	59.6
Apr 26	59.6
Apr 26	55.02
Apr 26	55.02
Mar 26	31.3
Mar 26	31.3
Mar 26	30.97
Mar 26	31.95
Feb 26	30.65
Feb 26	29.99
Feb 26	31.3
Feb 26	29.99
Jan 26	30.32
Jan 26	32.28
Jan 26	33.25
Jan 26	36.52
Jan 26	35.86
Dec 25	24.86
Dec 25	23.24
Dec 25	21.35
Dec 25	20.54
Nov 25	20.54
Nov 25	20.54
Nov 25	22.43
Nov 25	21.08
Oct 25	22.7
Oct 25	20.81
Oct 25	21.08
Oct 25	22.7
Oct 25	23.51
Sep 25	19.42
Sep 25	23.41
Sep 25	24.41
Sep 25	24.41
Aug 25	28.89
Aug 25	28.89
Aug 25	29.88
Aug 25	29.88
Aug 25	26.4
Jul 25	30.38
Jul 25	29.39
Jul 25	31.88
Jul 25	30.88
Jun 25	22.38
Jun 25	20.8
Jun 25	20.8
Jun 25	21.93
May 25	23.06
May 25	23.06
May 25	21.25
May 25	22.15
May 25	24.41
Apr 25	20.34
Apr 25	9.09
Apr 25	7.96
Apr 25	8.14
Mar 25	7.49
Mar 25	7.93
Mar 25	8.26
Mar 25	8.18
Feb 25	8.91
Feb 25	9.48
Feb 25	8.22
Feb 25	8.95
Jan 25	8.63
Jan 25	8.63
Jan 25	8.5
Jan 25	7.49
Jan 25	8.91
Dec 24	8.09
Dec 24	8.76
Dec 24	8.79
Dec 24	6.47
Nov 24	7.2
Nov 24	7.2
Nov 24	7.35
Nov 24	7.76
Nov 24	8.31
Oct 24	8.31

Free Cash Flow Yield

1631.HK Free Cash Flow Yield by quarter
Period	Free Cash Flow Yield
Sep 26	11.85%
Sep 26	11.76%
Sep 26	11.58%
Aug 26	11.41%
Aug 26	11.16%
Aug 26	11.41%
Aug 26	11.24%
Jul 26	11.41%
Jul 26	11.94%
Jul 26	11%
Jul 26	11%
Jul 26	11.94%
Jun 26	13.65%
Jun 26	13.13%
Jun 26	11.61%
Jun 26	12.28%
May 26	12.37%
May 26	11.61%
May 26	16.1%
May 26	33.47%
Apr 26	33.47%
Apr 26	32.82%
Apr 26	32.82%
Apr 26	35.56%
Apr 26	35.56%
Mar 26	28.74%
Mar 26	28.74%
Mar 26	29.04%
Mar 26	28.15%
Feb 26	29.35%
Feb 26	29.99%
Feb 26	28.74%
Feb 26	29.99%
Jan 26	29.66%
Jan 26	27.87%
Jan 26	27.05%
Jan 26	24.63%
Jan 26	25.08%
Dec 25	25.75%
Dec 25	27.55%
Dec 25	29.99%
Dec 25	31.17%
Nov 25	31.17%
Nov 25	31.17%
Nov 25	28.54%
Nov 25	30.37%
Oct 25	28.2%
Oct 25	30.77%
Oct 25	30.37%
Oct 25	28.2%
Oct 25	27.23%
Sep 25	27.86%
Sep 25	23.12%
Sep 25	22.18%
Sep 25	22.18%
Aug 25	18.73%
Aug 25	18.73%
Aug 25	18.11%
Aug 25	18.11%
Aug 25	20.5%
Jul 25	17.81%
Jul 25	18.42%
Jul 25	16.98%
Jul 25	17.53%
Jun 25	20.4%
Jun 25	21.96%
Jun 25	21.96%
Jun 25	20.82%
May 25	19.8%
May 25	19.8%
May 25	21.49%
May 25	20.61%
May 25	18.7%
Apr 25	22.44%
Apr 25	50.25%
Apr 25	57.38%
Apr 25	56.11%
Mar 25	43.22%
Mar 25	40.78%
Mar 25	39.18%
Mar 25	39.57%
Feb 25	36.31%
Feb 25	34.13%
Feb 25	39.37%
Feb 25	36.15%
Jan 25	37.51%
Jan 25	37.51%
Jan 25	38.05%
Jan 25	43.22%
Jan 25	36.31%
Dec 24	42.94%
Dec 24	39.68%
Dec 24	39.51%
Dec 24	53.73%
Nov 24	48.22%
Nov 24	48.22%
Nov 24	47.25%
Nov 24	44.78%
Nov 24	41.79%
Oct 24	41.79%

Price to Sales

1631.HK Price to Sales by quarter
Period	Price to Sales
Sep 26	3.71
Sep 26	3.74
Sep 26	3.8
Aug 26	3.86
Aug 26	3.94
Aug 26	3.86
Aug 26	3.91
Jul 26	3.86
Jul 26	3.69
Jul 26	4
Jul 26	4
Jul 26	3.69
Jun 26	3.45
Jun 26	3.59
Jun 26	4.06
Jun 26	3.84
May 26	3.81
May 26	4.06
May 26	2.93
May 26	1.41
Apr 26	1.41
Apr 26	1.44
Apr 26	1.44
Apr 26	1.33
Apr 26	1.33
Mar 26	1.3
Mar 26	1.3
Mar 26	1.28
Mar 26	1.32
Feb 26	1.27
Feb 26	1.24
Feb 26	1.3
Feb 26	1.24
Jan 26	1.26
Jan 26	1.34
Jan 26	1.38
Jan 26	1.51
Jan 26	1.49
Dec 25	1.25
Dec 25	1.17
Dec 25	1.07
Dec 25	1.03
Nov 25	1.03
Nov 25	1.03
Nov 25	1.13
Nov 25	1.06
Oct 25	1.14
Oct 25	1.04
Oct 25	1.06
Oct 25	1.14
Oct 25	1.18
Sep 25	1.01
Sep 25	1.21
Sep 25	1.26
Sep 25	1.26
Aug 25	1.5
Aug 25	1.5
Aug 25	1.55
Aug 25	1.55
Aug 25	1.37
Jul 25	1.57
Jul 25	1.52
Jul 25	1.65
Jul 25	1.6
Jun 25	1.19
Jun 25	1.11
Jun 25	1.11
Jun 25	1.17
May 25	1.23
May 25	1.23
May 25	1.13
May 25	1.18
May 25	1.3
Apr 25	1.08
Apr 25	0.48
Apr 25	0.42
Apr 25	0.43
Mar 25	0.43
Mar 25	0.46
Mar 25	0.48
Mar 25	0.47
Feb 25	0.51
Feb 25	0.55
Feb 25	0.47
Feb 25	0.52
Jan 25	0.5
Jan 25	0.5
Jan 25	0.49
Jan 25	0.43
Jan 25	0.51
Dec 24	0.5
Dec 24	0.54
Dec 24	0.55
Dec 24	0.4
Nov 24	0.45
Nov 24	0.45
Nov 24	0.46
Nov 24	0.48
Nov 24	0.52
Oct 24	0.52

EV/EBITDA

1631.HK EV/EBITDA by quarter
Period	EV/EBITDA
Sep 26	63.92
Sep 26	64.57
Sep 26	65.86
Aug 26	67.15
Aug 26	69.09
Aug 26	67.15
Aug 26	68.44
Jul 26	67.15
Jul 26	63.27
Jul 26	70.38
Jul 26	70.38
Jul 26	63.27
Jun 26	52.55
Jun 26	55.01
Jun 26	63.39
Jun 26	59.45
May 26	58.95
May 26	63.39
May 26	43.19
May 26	16.11
Apr 26	16.11
Apr 26	16.6
Apr 26	16.6
Apr 26	14.63
Apr 26	14.63
Mar 26	11
Mar 26	11
Mar 26	10.82
Mar 26	11.37
Feb 26	10.64
Feb 26	10.27
Feb 26	11
Feb 26	10.27
Jan 26	10.45
Jan 26	11.56
Jan 26	12.11
Jan 26	13.95
Jan 26	13.58
Dec 25	11.13
Dec 25	10.23
Dec 25	9.17
Dec 25	8.72
Nov 25	8.72
Nov 25	8.72
Nov 25	9.77
Nov 25	9.02
Oct 25	9.93
Oct 25	8.87
Oct 25	9.02
Oct 25	9.93
Oct 25	10.38
Sep 25	8.41
Sep 25	10.66
Sep 25	11.22
Sep 25	11.22
Aug 25	13.76
Aug 25	13.76
Aug 25	14.32
Aug 25	14.32
Aug 25	12.35
Jul 25	14.6
Jul 25	14.04
Jul 25	15.44
Jul 25	14.88
Jun 25	10.82
Jun 25	9.92
Jun 25	9.92
Jun 25	10.57
May 25	11.21
May 25	11.21
May 25	10.18
May 25	10.7
May 25	11.99
Apr 25	9.66
Apr 25	3.24
Apr 25	2.59
Apr 25	2.7
Mar 25	2.64
Mar 25	2.91
Mar 25	3.1
Mar 25	3.05
Feb 25	3.49
Feb 25	3.83
Feb 25	3.08
Feb 25	3.51
Jan 25	3.32
Jan 25	3.32
Jan 25	3.25
Jan 25	2.64
Jan 25	3.49
Dec 24	4.67
Dec 24	5.08
Dec 24	5.1
Dec 24	3.66
Nov 24	4.12
Nov 24	4.12
Nov 24	4.21
Nov 24	4.46
Nov 24	4.8
Oct 24	4.8

Price/Operating Cashflow

1631.HK Price/Operating Cashflow by quarter
Period	Price/Operating Cashflow
Sep 26	7.76
Sep 26	7.82
Sep 26	7.94
Aug 26	8.06
Aug 26	8.24
Aug 26	8.06
Aug 26	8.18
Jul 26	8.06
Jul 26	7.7
Jul 26	8.36
Jul 26	8.36
Jul 26	7.7
Jun 26	6.75
Jun 26	7.02
Jun 26	7.94
Jun 26	7.51
May 26	7.45
May 26	7.94
May 26	5.73
May 26	2.75
Apr 26	2.75
Apr 26	2.81
Apr 26	2.81
Apr 26	2.59
Apr 26	2.59
Mar 26	3.14
Mar 26	3.14
Mar 26	3.1
Mar 26	3.2
Feb 26	3.07
Feb 26	3.01
Feb 26	3.14
Feb 26	3.01
Jan 26	3.04
Jan 26	3.23
Jan 26	3.33
Jan 26	3.66
Jan 26	3.59
Dec 25	3.45
Dec 25	3.22
Dec 25	2.96
Dec 25	2.85
Nov 25	2.85
Nov 25	2.85
Nov 25	3.11
Nov 25	2.92
Oct 25	3.15
Oct 25	2.88
Oct 25	2.92
Oct 25	3.15
Oct 25	3.26
Sep 25	3.53
Sep 25	4.26
Sep 25	4.44
Sep 25	4.44
Aug 25	5.25
Aug 25	5.25
Aug 25	5.44
Aug 25	5.44
Aug 25	4.8
Jul 25	5.53
Jul 25	5.35
Jul 25	5.8
Jul 25	5.62
Jun 25	4.83
Jun 25	4.49
Jun 25	4.49
Jun 25	4.73
May 25	4.98
May 25	4.98
May 25	4.59
May 25	4.78
May 25	5.27
Apr 25	4.39
Apr 25	1.96
Apr 25	1.72
Apr 25	1.76
Mar 25	1.41
Mar 25	1.5
Mar 25	1.56
Mar 25	1.55
Feb 25	1.68
Feb 25	1.79
Feb 25	1.55
Feb 25	1.69
Jan 25	1.63
Jan 25	1.63
Jan 25	1.61
Jan 25	1.41
Jan 25	1.68
Dec 24	1.52
Dec 24	1.64
Dec 24	1.65
Dec 24	1.21
Nov 24	1.35
Nov 24	1.35
Nov 24	1.38
Nov 24	1.45
Nov 24	1.56
Oct 24	1.56

Price to Book

1631.HK Price to Book by quarter
Period	Price to Book
Sep 26	3.17
Sep 26	3.2
Sep 26	3.25
Aug 26	3.29
Aug 26	3.37
Aug 26	3.29
Aug 26	3.34
Jul 26	3.29
Jul 26	3.15
Jul 26	3.42
Jul 26	3.42
Jul 26	3.15
Jun 26	3.85
Jun 26	4
Jun 26	4.52
Jun 26	4.28
May 26	4.25
May 26	4.52
May 26	3.26
May 26	1.57
Apr 26	1.57
Apr 26	1.6
Apr 26	1.6
Apr 26	1.48
Apr 26	1.48
Mar 26	1.48
Mar 26	1.48
Mar 26	1.46
Mar 26	1.51
Feb 26	1.45
Feb 26	1.42
Feb 26	1.48
Feb 26	1.42
Jan 26	1.43
Jan 26	1.52
Jan 26	1.57
Jan 26	1.72
Jan 26	1.69
Dec 25	1.43
Dec 25	1.34
Dec 25	1.23
Dec 25	1.18
Nov 25	1.18
Nov 25	1.18
Nov 25	1.29
Nov 25	1.21
Oct 25	1.3
Oct 25	1.2
Oct 25	1.21
Oct 25	1.3
Oct 25	1.35
Sep 25	1.21
Sep 25	1.46
Sep 25	1.52
Sep 25	1.52
Aug 25	1.8
Aug 25	1.8
Aug 25	1.86
Aug 25	1.86
Aug 25	1.65
Jul 25	1.9
Jul 25	1.83
Jul 25	1.99
Jul 25	1.93
Jun 25	1.59
Jun 25	1.48
Jun 25	1.48
Jun 25	1.56
May 25	1.64
May 25	1.64
May 25	1.51
May 25	1.58
May 25	1.74
Apr 25	1.45
Apr 25	0.65
Apr 25	0.57
Apr 25	0.58
Mar 25	0.59
Mar 25	0.63
Mar 25	0.65
Mar 25	0.65
Feb 25	0.7
Feb 25	0.75
Feb 25	0.65
Feb 25	0.71
Jan 25	0.68
Jan 25	0.68
Jan 25	0.67
Jan 25	0.59
Jan 25	0.7
Dec 24	0.72
Dec 24	0.78
Dec 24	0.78
Dec 24	0.57
Nov 24	0.64
Nov 24	0.64
Nov 24	0.65
Nov 24	0.69
Nov 24	0.74
Oct 24	0.74

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REF Holdings Limited

Video analysis: 1631.HK

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