---
title: "Zhuguang Holdings Swings to Deeper Loss and Negative Equity in 2025 Results"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/286592359.md"
description: "Zhuguang Holdings Group reported a significant loss of HK$6.19 billion for the year ending December 31, 2025, with total assets of HK$29.35 billion and negative equity of HK$2.94 billion. The company's liabilities increased to HK$32.28 billion, indicating severe financial strain as it resumes trading. Revenue sources included HK$230.3 million from property development and HK$1,026.9 million from project management services."
datetime: "2026-05-15T15:10:17.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/286592359.md)
  - [en](https://longbridge.com/en/news/286592359.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/286592359.md)
---

# Zhuguang Holdings Swings to Deeper Loss and Negative Equity in 2025 Results

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Zhuguang Holdings Group Co., Ltd. ( (HK:1176) ) has provided an update.

Zhuguang Holdings Group reported annual results for the year ended 31 December 2025 showing revenue of HK$230.3 million from property development, HK$1,026.9 million from project management services, and HK$133.6 million from property investment and hotel operations. The group posted a widened loss attributable to owners of HK$6.19 billion, total assets of HK$29.35 billion, and negative equity of HK$2.94 billion as liabilities rose to HK$32.28 billion, highlighting mounting financial pressure and balance sheet deterioration as trading in its shares resumes.

**More about Zhuguang Holdings Group Co., Ltd.**

Zhuguang Holdings Group Company Limited is a Bermuda-incorporated investment holding company listed in Hong Kong, operating mainly in property development, project management services, and property investment and hotel operations. Its revenues are derived primarily from mainland China real estate-related activities, positioning it within the broader Chinese property and services sector.

**Average Trading Volume:** 4,376,620

**Technical Sentiment Signal:** Sell

**Current Market Cap:** HK$239M

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