GRANNasdaqFinance ServicesUS GAAP · USD

Grande Group Ltd/HK

Grande Group Ltd/HK is a Hong Kong-based financial services group focused on corporate finance advisory and capital markets mandates. Through its operating subsidiaries, it provides pre-IPO planning, listing sponsorship, financial advisory, compliance advisory, and takeovers-related advice to clients in Asia.

Liikevaihto1,8milj. USD
−58,3 %v/v
Liikevoitto (EBIT)−3,3milj. USD
−274,0 %v/v
EBIT-marginaali−183,0%
−226,8 %-yks.v/v
Nettotulos−3,5milj. USD
−314,6 %v/v

Tilikausi 2026 · muutos edellisvuodesta

Kehitys 2023–2026

−4−20246milj. USD2023: 3,9 milj. USD2023: EBIT 1,4 milj. USD20232024: 4,5 milj. USD2024: EBIT 2,1 milj. USD20242025: 4,3 milj. USD2025: EBIT 1,9 milj. USD20252026: 1,8 milj. USD2026: EBIT −3,3 milj. USD20261,8−3,3
LiikevaihtoLiikevoitto (EBIT)

Liiketoiminta

Osuus liikevaihdosta
IPO sponsorship35 %

Preparation, coordination, and sponsorship of companies seeking HKSE listings.

Corporate finance advisory25 %

Pre-IPO restructuring, fundraising support, and strategic finance advice.

Compliance advisory15 %

Ongoing advice on HK Listing Rules, takeovers codes, and regulatory compliance.

Financial advisory15 %

Advice on corporate transactions, independent opinions, and related mandates.

Referral services10 %

Introductions and mandate referrals from related parties and professional networks.

Tuotteet

Raportoitu · osuus liikevaihdosta
31,7%29,9%18,6%9,0%FY2026100 %
  • General Advisory Services31,7 %
  • Referral Services Related Party29,9 %
  • Course Materials Supplying18,6 %
  • Compliance Advisory Services9,0 %
  • Independent Financial Advisory Services6,7 %
  • IPO Sponsorship Services4,1 %

Lähde: 20-F FY2026, yhtiön tuotelinjoittain raportoima liikevaihto (SEC XBRL). Osuudet on laskettu näytetyistä riveistä ja ne summautuvat 100 %:iin.

Asiakkaat

The company serves privately held businesses and growth companies seeking access to Hong Kong capital markets, especially those preparing for an IPO or post-IPO corporate actions. It also advises listed issuers that need compliance support, transaction advice, or independent opinions for regulatory or takeover matters. A meaningful part of its business comes through referrals from professional networks, existing clients, and market intermediaries rather than broad public marketing.

Pre-IPO companies

Businesses seeking sponsorship, restructuring, and listing preparation for HKSE access.

Listed issuers

Public companies that buy compliance, transaction, and takeover advisory services.

Referral clients

Clients sourced through professional parties, existing relationships, and market referrals.

Construction industry clients

A concentrated client cluster historically represented in sponsored IPO mandates.

SME growth companies

Smaller firms that need corporate finance support as they mature toward listing.

Strategia

The company is focused on building a closed-loop advisory platform that sources clients early, supports them through listing, and then retains them for post-IPO advisory work. It aims to broaden its client base and reduce reliance on a small number of mandates and industries while preserving its boutique, relationship-driven model. The platform also uses referrals and related ecosystem relationships to generate deal flow and deepen cross-sell across corporate finance services.

Diversify client base and industry exposureKeskipitkä aikaväli

Reduces dependence on a small number of sponsors and the construction sector.

Grow referral-driven deal flowLyhyt aikaväli

The business depends on relationships, professional introductions, and repeat mandates.

Retain clients across the deal lifecycleKeskipitkä aikaväli

Serving clients from pre-IPO through post-IPO increases mandate value and stickiness.

Maantiede

The business is centered in Hong Kong, where the management and project execution teams originate mandates and deliver advisory services. Its client base is primarily in Asia, with services positioned around Hong Kong capital markets and cross-border listing activity. The company also operates through Shenzhen Zhenjing in mainland China, which supports customer development and education-related lead generation.

Riskit

The business is exposed to concentration risk because advisory and sponsorship mandates are episodic and can be highly dependent on a limited number of clients. It also faces industry concentration risk, with a large share of sponsored IPO history linked to construction-related clients, making results sensitive to sector and capital market cycles. As a Hong Kong capital-markets adviser, it is also exposed to regulatory, reputational, and execution risk in areas such as listing approvals, compliance, and takeover advice.

Järjestetty vakavuuden mukaan
MatalaKohtalainenKorkeaMatalaKohtalainenKorkeaVaikutus →Todennäköisyys →Client concentration1Capital market cyclicality2Construction industry concentration3Regulatory and compliance risk4Goodwill and intangible impairment5
Vaikutus on riskin vakavuus ja todennäköisyys sen toteutumisen todennäköisyys lähivuosina, molemmat arvioitu yhtiön raporttien perusteella. Numerot vastaavat listaa.
  1. Client concentrationVaikutus: KorkeaTodennäköisyys: Korkea

    A few large mandates can represent a meaningful share of annual activity.

    KohdistuuListing sponsorshipReferral servicesAdvisory mandates
  2. Capital market cyclicalityVaikutus: KorkeaTodennäköisyys: Korkea

    IPO sponsorship demand depends on investor sentiment and listing market access.

    Kohdistuu: Hong Kong listings and fundraising

  3. Construction industry concentrationVaikutus: KorkeaTodennäköisyys: Kohtalainen

    Sponsored IPO clients have historically been heavily concentrated in construction.

    Kohdistuu: IPO sponsorship pipeline

  4. Regulatory and compliance riskVaikutus: KorkeaTodennäköisyys: Kohtalainen

    The firm operates under SFO regulated activities and HK listing rules.

    KohdistuuSponsorshipCompliance advisoryTakeovers advice
  5. Goodwill and intangible impairmentVaikutus: KeskitasoTodennäköisyys: Kohtalainen

    Acquisitions and reporting units require fair value and impairment testing.

    KohdistuuReporting unitsAcquired intangibles

Kirjanpito

Harkinnanvaraiset erät
Revenue recognition

Fees from sponsorship, advisory, and referral work may be recognized at different stages.

Vaikutus: Can shift revenue between periods depending on mandate completion

Goodwill impairment

The group reports goodwill and must test reporting units for impairment.

Vaikutus: Can create non-cash charges that materially reduce earnings

Fair value estimates

Business combinations and intangible assets require valuation assumptions.

Vaikutus: Affects asset carrying values and future impairment risk

Lease accounting

Office leases create right-of-use assets and lease liabilities.

Vaikutus: Influences leverage and fixed-cost visibility

Julkisesti listattuja yhtiöitä, joilla on samankaltainen liiketoiminta.

Päivitetty: 28.9.2026

Grande Group Ltd/HK (GRAN) liikevaihto, tulos ja tunnusluvut 2026 – Clarifo