# Greenpro Capital Corp. (GRNQ)

> Source: Nexqual · https://nexqual.com/GRNQ · data as of 2026-10-23 20:00 UTC · cite as "Nexqual, Greenpro Capital Corp. (GRNQ), nexqual.com/GRNQ" · informational, not investment advice.

**Price:** USD 7.8 (+9.09% on the day) · last close of Oct 23, 2026; US market closed, not a live price. Prev close 7.15 · day 7.11–7.83 · 52w 5.51–31.8 · market cap $14.1M · NCM

## Key facts
- Last four reported quarters (through Jun 30, 2026): revenue $2.0M, net income -$3.4M (-169.6% margin) (SEC filings).
- Insider open-market purchases, last ~7 months: 3 Form 4 filings, $400K; 0 by opportunistic insiders, 0 by routine insiders.
- Total return with dividends: 1Y -43.5% vs S&P 500 +13.4%; 5Y -93.2% vs S&P 500 +76.9%.

## Financials (SEC 10-K; TTM = last four 10-Q/10-K quarters)
| USD | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | TTM |
|---|---|---|---|---|---|---|
| Revenue | $2.9M | $3.7M | $3.5M | $3.5M | $2.1M | $2.0M |
| Gross profit | $2.5M | $2.7M | $2.9M | $3.1M | $1.7M | — |
| Operating income | -$2.8M | -$1.5M | -$1.5M | -$969K | -$2.2M | -$2.5M |
| Net income | -$14.3M | -$6.4M | $1.1M | -$715K | -$3.0M | -$3.4M |
| EPS (diluted) | -$21.00 | -$8.10 | $1.40 | -$0.90 | -$3.70 | — |
| Free cash flow | -$2.1M | -$2.4M | -$1.7M | -$1.4M | -$1.8M | — |
| Gross margin | 84.0% | 72.1% | 83.6% | 87.8% | 80.4% | — |
| Operating margin | -93.4% | -41.3% | -43.2% | -27.7% | -103.8% | -126.0% |
| Net margin | -486.5% | -172.9% | 30.9% | -20.5% | -143.8% | -169.6% |
| Revenue growth | +30.8% | +24.6% | -5.3% | +0.5% | -40.7% | — |
| Cash + short-term investments | $5.3M | $3.9M | $2.2M | $1.1M | $637K | — |
Fiscal years end Dec. EPS is split-adjusted.

## Valuation (price ÷ last four quarters, through Jun 30, 2026)
P/S 7.1x · P/B 0.7x · Earnings yield -24.00%
P/E at fiscal year-ends: Dec 2023 8.5x.

## Insider purchases (SEC Form 4, open-market, last ~7 months)
3 purchases, $400K. Private placements, offerings, dividend reinvestment and employee stock purchase plan buys are excluded.
| Trade date | Insider | Role | Shares | Value | Avg price | Insider type |
|---|---|---|---|---|---|---|
| 2026-06-30 | Lee Chong Kuang | Chief Executive Officer | 65,591 | $100K | 1.52 | Too little history (no open-market trades in 2023–2025) |
| 2026-05-29 | Lee Chong Kuang | Chief Executive Officer | 28,949 | $50K | 1.73 | Too little history (no open-market trades in 2023–2025) |
| 2026-04-28 | Lee Chong Kuang | Chief Executive Officer | 107,310 | $250K | 2.33 | Too little history (no open-market trades in 2023–2025) |
Insider type follows Cohen, Malloy & Pomorski (Journal of Finance, 2012). An insider who traded the stock in the same calendar month in each of the past three years is a routine trader; one who traded in each of those years without such a pattern is an opportunistic trader. In their study, trades by opportunistic insiders predicted future returns and trades by routine insiders did not. Counts open-market purchases and sales only (SEC Form 4 codes P and S) by that insider in that company. Not investment advice.

## Total return (dividends reinvested)
|  | 1Y (from 2025-10-24) | 5Y (from 2021-10-25) |
|---|---|---|
| Total return | -43.5% | -93.2% |
| S&P 500 (SPY) | +13.4% | +76.9% |
| Per year | -43.6% | -41.6% |
| Volatility (annualized) | 110.3% | 93.5% |
| Max drawdown | -78.3% (Apr 2026→Oct 2026) | -93.4% (Oct 2021→Oct 2026) |

## Peers (Consulting Services)
ROMA (Roma Green Finance Limited) USD 6 -12.08% · SBC (SBC Medical Group Holdings Inco) USD 5.28 -7.21% · CRAI (CRA International,Inc.) USD 200.14 -0.40% · ICFI (ICF International, Inc.) USD 94.4 +1.15% · HURN (Huron Consulting Group Inc.) USD 195.69 +1.21% · FCN (FTI Consulting, Inc.) USD 157.24 -0.22%

## More
Full page: https://nexqual.com/GRNQ · Free keyless MCP server with the same data and citations: https://mcp.nexqual.com/mcp · Guide for agents: https://nexqual.com/agents · https://nexqual.com/llms.txt

## Supply chain and relationships (SEC annual reports)

Named in GRNQ's own 10-K filed 2026-03-30 (https://www.sec.gov/Archives/edgar/data/1597846/000149315226013446/form10-k.htm):

| Relationship | Company | Sentence in the filing |
|---|---|---|
| Related party | JOCOM HOLDINGS CORP. (JOCM) | "2025, gain on disposal of related party investment generated from the sale of common stock of Jocom Holdings Corp. ("Jocom")" |
| Related party | Agape ATP Corp (ATPC) | "2024, gain on disposal of related party investments includes the gain from the sale of common stock of Agape ATP Corporation ("Agape")" |
| Related party | Accountants | "related parties mainly include FCPA of $22,820 and our CEO, Mr. Lee of $20,677." |

## Revenue by product line (quarter ended 2026-06-30)

| Line | Revenue | Share | YoY |
|---|---|---|---|
| Service | $248,609 | 82.3% | -37.1% |
| Corporate Advisory Non Listing Services | $248,609 | 82.3% | -21.5% |
| Digital Revenue | $37,464 | 12.4% | +109.1% |
| Provision Of A Digital Platform & Trading Of Digital Assets | $37,464 | 12.4% | +109.1% |
| Rental Revenue | $16,094 | 5.3% | +15.7% |
| Rental Of Real Estate Properties | $16,094 | 5.3% | +15.7% |
| Total revenue | $302,167 | 100% | — |
The lines above cover 200% of total revenue.

## Revenue by region (quarter ended 2026-06-30)

| Line | Revenue | Share | YoY |
|---|---|---|---|
| Malaysia | $137,296 | 45.4% | +75.4% |
| Hong Kong | $129,537 | 42.9% | -50.5% |
| China | $35,334 | 11.7% | -59.4% |
| Total revenue | $302,167 | 100% | — |

## Customer concentration

Period ended 2026-06-30: 10%, 10% of revenue from unnamed direct customers (10-Q, filed 2026-08-05).

## Analyst estimates and revisions

| Period | EPS est. | 90d ago | Change | Revenue est. | Analysts |
|---|---|---|---|---|---|
| Current quarter | — | — | — | $0 | — |
| Next quarter | — | — | — | $0 | — |
| Current fiscal year (ends 2018-12-31) | — | — | — | $0 | — |
| Next fiscal year | — | — | — | $0 | — |