JY Grandmark Warns of Ongoing Cash Flow Strain as Auditor Disclaimer Persists
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JY Grandmark Holdings Limited (HK:2231) has reported ongoing cash flow strain, as highlighted by an auditor's disclaimer regarding its 2024 financial statements. The company recorded a negative net cash flow of approximately RMB119.8 million for the eleven months ending November 30, 2025, due to market decline and weak demand. Despite preparing accounts on a going concern basis, the board cautioned shareholders about relying on unaudited figures. Analysts currently rate the stock as a Sell with a price target of HK$0.07, amid tightening financing conditions in the real estate sector.
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