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SUNeVision Holdings Ltd.

SUNeVision Holdings Ltd.

1686.HK
SUNeVision Holdings Ltd.HK flagHong Kong Stock Exchange
4.89
HKD
-0.14
- -
11.54BMarket Cap
SUNeVision Holdings Ltd.
1686.HK
(Hong Kong Stock Exchange)

Recent

price

4.89

P/E

ratio

- -

div

yld

- -

ROIC.AI

2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
TTM
FRC
0.13
0.16
0.17
0.19
0.21
0.23
0.25
0.28
0.34
0.39
0.42
0.46
0.51
0.58
0.66
0.72
0.3
Revenue per Share
0.08
0.1
0.11
0.13
0.14
0.14
0.14
0.16
0.19
0.21
0.19
0.19
0.21
0.22
0.22
0.24
0.19
Basic EPS, GAAP
0.08
0.09
0.08
0.1
0.01
0.11
0.03
-0.14
-0.18
-1.34
0.06
-0.14
-0.1
-0.12
-0.34
0.17
- -
Free Cash Flow per Basic Share
0.03
0.04
0.07
0.08
0.1
0.11
0.12
0.13
0.14
0.15
0.17
0.18
0.19
0.21
0.11
0.11
- -
Dividend per Share
0.02
0.09
0.06
0.18
0.22
0.25
0.26
0.29
0.35
0.41
0.44
0.46
0.47
0.49
0.61
0.74
0.25
Book Value per Share
0.65
0.71
0.76
0.8
0.85
0.87
0.89
0.92
0.97
1.04
1.07
1.1
1.13
1.15
1.26
1.42
0.87
Tangible Book Value per Share
4,063
4,060
4,044
4,042
4,042
4,042
4,042
4,042
4,044
4,046
4,048
4,054
4,058
4,059
4,059
4,065
4,043
Basic Weighted Avg Shares
544
631
706
765
846
918
999
1,142
1,365
1,561
1,714
1,874
2,086
2,346
2,674
2,938
1,226
Sales/Revenue/Turnover
50.25
50.02
47.67
55.42
59.8
60.73
58.82
55.37
52.31
48.42
49.63
51.03
49.85
49.73
47.11
50.55
54.5
Operating Margin (%)
89
99
115
106
100
104
100
101
160
241
330
400
459
506
583
638
- -
Depreciation Expense
344
405
450
530
585
569
549
630
776
865
783
788
847
905
907
979
752
Net Income, GAAP
9.95
10.66
11.07
11.48
12.37
13.91
15.21
14.49
13.37
16.61
16.01
16.1
16.39
16.46
14.38
15.72
13.09
Effective Tax Rate (%)
63.25
64.23
63.74
69.37
69.19
62.02
54.96
55.16
56.89
55.43
45.7
42.04
40.6
38.59
33.93
33.33
61.37
Profit Margin (%)
576
929
740
935
554
485
358
152
-161
-2,403
-696
-371
-2,847
-1,179
-723
-2,554
-136
Working Capital
- -
- -
- -
- -
- -
- -
194
996
1,983
5,873
9,118
10,564
9,592
13,738
16,585
14,698
1,431
LT Debt
2,657
2,893
3,065
3,252
3,421
3,516
3,578
3,699
3,928
4,191
4,325
4,450
4,592
4,656
5,118
5,778
3,537
Total Equity
9.74
10
9.83
11.6
12.95
13.45
13.25
12.46
11.49
6.88
5.52
5.59
5.46
5.53
5.34
5.6
12.36
Return on Invested Capital (%)
227.45
181.54
148.56
107.37
70.44
58.49
47.74
36.19
27.93
13.33
7.74
6.78
6.49
6.57
6.15
6.32
34.93
Return on Capital (%)
248.5
192.94
155.56
110.48
71.65
59.35
52.82
55.91
59.8
56.3
45.49
43.3
44.84
46.37
40.79
35.93
81.25
Return on Common Equity (%)

Capital Structure

FRC

•

in mil. unless spec.
Jun'17
Sep'18
Dec'18
ST Debt
- -
- -
- -
LT Borrowings
996
- -
1,431
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
2,323
- -
2,323
Market Capitalization
19,929
21,344
24,013

Working Capital

FRC

•

in mil. unless spec.
Jun'17
Sep'18
Dec'18
Total Current Assets
890
- -
779
Cash, Cash Equivalents & STI
747
- -
587
Accounts Receivable, Net
72
- -
89
Inventories
9
- -
12
Total Current Liabilities
738
- -
915
Payables & Accruals
- -
- -
- -
ST Debt
- -
- -
- -
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
5.15%
6.06%
12.91%
Free Cash Flow
-31.39%
-59.44%
-148.85%
Net Income, GAAP
5.95%
4.63%
7.96%
Sales/Revenue/Turnover
12.38%
11.4%
9.9%
Total Cash Common Dividend
1.51%
-4.61%
-1.33%

Quarterly Revenue

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
2,674
2025
- -
- -
- -
- -
2,938
2026
- -
- -
- -
- -
- -

Quarterly Earnings Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
0.22
2025
- -
- -
- -
- -
0.24
2026
- -
- -
- -
- -
- -

Quarterly Dividends Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
0.11
2025
- -
- -
- -
- -
0.11
2026
- -
- -
- -
- -
- -
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Business
SUNeVision Holdings Ltd. is an investment holding company principally engaged in the provision of data centre and information technology (IT) facility services in Hong Kong. The company operates through two primary business segments: Data Centre and IT Facilities, which offers data centre and IT facilities colocation services allowing customers to house their IT infrastructure or equipment, interconnection services that provide connectivity solutions, and other managed services; and Extra-Low Voltage (ELV) and IT Systems, which focuses on the design, installation, operation, cabling, and maintenance of extra-low voltage and IT systems including building access control, voice, data, power supply, network infrastructures, and related repair services. SUNeVision also offers IT and optical fiber network services including installation and ongoing maintenance, as well as treasury, financing, management, and company secretary services. The company is a subsidiary of Sunco Resources Limited and is headquartered in Kwun Tong, Hong Kong. Established in 2000, SUNeVision is recognized as the largest carrier- and cloud-neutral data centre provider in Hong Kong with flagship data centre facilities including MEGA-i and MEGA Plus. Recent major developments include the company’s continued focus on premium data centre projects that require advanced infrastructure to meet the rising demand driven by AI adoption, cloud computing, and digital transformation trends. SUNeVision reported strong financial performance in fiscal year 2024/25 with revenue growth reflecting increased demand from international and Chinese customers. The firm strategically prioritizes capital allocation toward projects with confirmed customer orders to optimize investments and generate above-market returns. It advances its environmental, social, and governance (ESG) initiatives with sustainability-linked bank financing making up about 45% of its funding, installation of solar panels to reduce carbon footprint, and purchases of International Renewable Energy Certificates to offset carbon emissions from building electricity usage. Organizationally, SUNeVision announced recent board and executive changes effective November 2025 and maintains a strong financial position with prudent balance sheet management. Its premium positioning is supported by advanced infrastructure and operational excellence aimed at capturing the growing AI-driven data centre market in Hong Kong. SUNeVision serves the technology, cloud service, enterprise, and telecommunications markets, providing scalable and secure data centre spaces and comprehensive IT infrastructure management. Its business model supports carrier-neutral environments, enabling customers freedom in choosing network providers and solutions to meet end-to-end IT needs. The company’s upscale facilities are tailored to cloud, AI, and big data workloads, underlining its strategic shift toward future-proofing its offerings in a highly competitive market.