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Indigo Star Holdings Limited

Indigo Star Holdings Limited

8373.HK
Indigo Star Holdings LimitedHK flagHong Kong Stock Exchange
0.74
HKD
- -
- -
29.60MMarket Cap
Indigo Star Holdings Limited
8373.HK
(Hong Kong Stock Exchange)

Recent

price

0.74

P/E

ratio

- -

div

yld

- -

ROIC.AI

2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
TTM
FRC
0.75
0.75
1.47
1.06
0.51
0.24
0.4
0.82
1.11
2.16
- -
1.11
Revenue per Share
0.06
0.07
0.08
0.06
- -
-0.05
-0.09
0.01
0.02
0.08
- -
0.02
Basic EPS, GAAP
0.07
0.19
-0.02
- -
-0.18
- -
-0.06
0.05
0.14
0.03
- -
- -
Free Cash Flow per Basic Share
0.03
0.06
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Dividend per Share
0.23
0.24
0.18
0.19
0.19
0.14
0.05
0.06
0.08
0.16
- -
0.08
Book Value per Share
0.23
0.24
0.54
0.47
0.47
0.42
0.33
0.34
0.36
0.44
- -
0.36
Tangible Book Value per Share
40
40
31
40
40
40
40
40
40
40
- -
40
Basic Weighted Avg Shares
30
30
45
43
20
9
16
33
44
86
82
44
Sales/Revenue/Turnover
9.37
10.92
8.63
6.8
-2.27
-22.88
-22.59
3.67
4.48
3.76
3.12
4.48
Operating Margin (%)
- -
- -
- -
- -
- -
1
1
1
1
1
1
- -
Depreciation Expense
3
3
3
3
- -
-2
-4
- -
1
3
2
1
Net Income, GAAP
13
9.38
34.07
17.96
- -
- -
- -
5.19
42.42
13.51
22.12
42.42
Effective Tax Rate (%)
8.36
9.89
5.76
5.89
0.74
-21.88
-23.19
0.89
2.25
3.67
2.38
2.25
Profit Margin (%)
4
3
7
16
17
10
6
7
8
12
13
8
Working Capital
- -
- -
- -
- -
- -
1
1
1
1
1
1
1
LT Debt
9
10
17
19
19
17
13
13
14
18
19
14
Total Equity
- -
25.89
16.67
12.23
- -
- -
- -
6.19
6.27
14.15
8.97
6.27
Return on Invested Capital (%)
- -
27.71
30.39
35.95
- -
- -
- -
5.87
16.93
41.98
19.75
16.93
Return on Capital (%)
- -
31.11
34.02
38.4
1.99
-30.93
-98.19
14.09
36.76
65.99
26.42
36.76
Return on Common Equity (%)

Capital Structure

FRC

•

in mil. unless spec.
Jun'23
Sep'23
Dec'23
ST Debt
3
- -
2
LT Borrowings
- -
- -
- -
LT Finance Leases
1
- -
1
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
40
- -
40
Market Capitalization
12
11
5

Working Capital

FRC

•

in mil. unless spec.
Jun'23
Sep'23
Dec'23
Total Current Assets
21
- -
27
Cash, Cash Equivalents & STI
8
- -
11
Accounts Receivable, Net
2
- -
7
Inventories
1
- -
1
Total Current Liabilities
13
- -
19
Payables & Accruals
- -
- -
- -
ST Debt
3
- -
2
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
9.78%
4.12%
11.15%
Free Cash Flow
699.75%
578.98%
-118.95%
Net Income, GAAP
-115.64%
78.55%
-38.64%
Sales/Revenue/Turnover
23.8%
59.79%
-5.44%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2023
8
10
13
13
44
2024
- -
- -
- -
- -
86
2025
- -
- -
- -
- -
82

Quarterly Earnings Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2023
- -
- -
- -
- -
0.02
2024
- -
- -
- -
- -
0.08
2025
- -
- -
- -
- -
- -

Quarterly Dividends Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2023
- -
- -
- -
- -
- -
2024
- -
- -
- -
- -
- -
2025
- -
- -
- -
- -
- -
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Business
Indigo Star Holdings Limited Indigo Star Holdings Limited is a Singapore-based investment holding company that operates as a subcontractor specializing in reinforced concrete works for general building and civil engineering projects; its core services encompass steel reinforcement works using reinforcing bars for on-site installations, formwork erection involving the design, construction, and dismantling of temporary moulds, and concrete works comprising labor for pouring and setting concrete into formwork supported by steel reinforcements. The company undertakes a range of projects including residential housing, offices, commercial, industrial and institutional developments, hotels, hospitals, mixed-use buildings, court buildings, MRT stations, and infrastructure; it also engages in labor supplies to the construction industry, trading of tiles, mobile phones and accessories, and supply of building materials, with all revenue derived from Singapore operations where it employs approximately 887 staff. Founded in 1996 and headquartered at No. 03-08 Quartz Industrial Building, 5 Upper Aljunied Link, Singapore, the company underwent a major ownership change in March 2024 when Splendor Investment Limited, controlled by Chan Ming, completed the acquisition of a 51.2% controlling stake from Amber Capital Holdings Limited for HK$13.3 million, triggering an unconditional mandatory cash offer for remaining shares; subsequent developments included board and committee changes effective August 2025, alongside routine earnings reporting for periods ended June 30, 2024 and December 31, 2023.