1. Brazil Stocks

  2. •

    Finance

  3. •

    Real estate development
JHSF Participacoes S.A.

JHSF Participacoes S.A.

13.55
BRL
-0.75
(-5.24%)
3.06EPS
3.53P/E
7.46BMarket Cap
Nov 12Next Earn
2013 Y
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
1.55
1.36
1.2
0.73
0.68
0.92
1.17
1.77
2.95
2.86
2.35
2.38
5.11
6.05
Basic EPS, GAAP
0.74
0.1
0.21
-0.5
-0.04
0.35
0.59
0.97
1.47
0.95
0.67
1.26
2.78
3.18
Free Cash Flow per Basic Share
-1.01
-0.46
0.08
-0.3
-0.29
-0.48
-0.41
-0.22
-0.06
-1.16
-0.19
-0.3
4.05
4.21
Dividend per Share
0.19
0.06
- -
- -
- -
- -
0.06
0.17
0.4
0.21
0.45
0.37
0.37
0.6
Book Value per Share
5.12
5.25
5.04
4.09
4.04
4.23
4.72
5.47
6.3
7.02
7.09
8.01
10.11
11.33
Tangible Book Value per Share
5.07
5.12
4.87
3.9
3.85
4.05
4.57
5.32
6.14
6.83
6.9
7.81
9.9
11.08
Basic Weighted Avg Shares
432
432
525
525
526
526
543
661
681
676
678
677
681
670
Sales/Revenue/Turnover
671
588
631
385
356
486
637
1,171
2,007
1,936
1,593
1,608
3,479
4,053
Operating Margin (%)
22.94
19.23
22.28
-33.81
9.57
25.52
20.53
52.93
53.99
40.97
35.6
36.15
48.62
49.47
Depreciation Expense
11
11
17
17
14
14
25
26
62
63
55
74
51
70
Net Income, GAAP
319
42
108
-260
-23
182
322
644
1,003
642
453
854
1,894
2,131
Effective Tax Rate (%)
33.31
52.86
44.62
- -
167.58
7.42
30.87
14.94
1.46
10.28
30.46
13.45
11.71
5.22
Profit Margin (%)
47.59
7.11
17.18
-67.57
-6.37
37.54
50.6
54.99
49.99
33.17
28.4
53.14
54.43
52.59
Working Capital
1,210
577
210
119
-30
-23
500
781
1,046
2,377
1,463
1,798
3,468
3,123
LT Debt
1,869
1,983
1,357
1,208
1,207
1,058
1,027
1,183
1,718
2,926
3,000
3,406
4,963
4,449
Total Equity
2,217
2,290
2,665
2,177
2,148
2,267
3,057
3,827
4,378
5,002
5,223
5,837
7,137
7,898
Return on Invested Capital (%)
8.94
2.45
5.37
- -
-3.56
8.74
10.94
14.38
17.86
9.83
4.55
11.26
18.63
14.46
Return on Capital (%)
9.63
2.62
5.08
- -
-2.86
7.92
10.26
15.18
21.91
13.14
7.23
12.18
20.4
21.45
Return on Common Equity (%)
15.51
1.87
4.41
-10.86
-1.06
8.38
12.29
19.04
24.95
14.21
9.47
16.72
31.17
31.59

Capital Structure

BRL

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
895
847
1,823
LT Borrowings
4,963
4,554
4,449
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
666
667
663
Market Capitalization
5,324
6,174
7,456

Working Capital

BRL

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
8,044
7,160
7,379
Cash, Cash Equivalents & STI
5,320
4,243
4,292
Accounts Receivable, Net
694
738
828
Inventories
1,597
1,677
1,658
Total Current Liabilities
4,577
3,730
4,257
Payables & Accruals
- -
- -
- -
ST Debt
895
847
1,823
Deferred Revenue
- -
- -
- -

Growth Rates

BRL

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
11.3%
13.42%
22.28%
Free Cash Flow
-18.85%
51.08%
-1,470.1%
Net Income, GAAP
-95.89%
40.16%
121.65%
Sales/Revenue/Turnover
27.24%
33.51%
116.37%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

BRL

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
294
396
373
545
1,608
2025
403
496
517
2,063
3,479
2026
538
935
- -
- -
- -

Quarterly Earnings Per Share

BRL

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.2
0.24
0.22
0.61
1.26
2025
0.51
0.35
0.45
1.52
2.78
2026
0.54
0.68
- -
- -
- -

Quarterly Dividends Per Share

BRL

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.09
0.09
0.09
0.09
0.37
2025
0.09
0.09
0.09
0.09
0.37
2026
0.2
0.21
- -
- -
- -

Company Description

Company Profile APIChatGPT
CEO
Adilson Augusto Martins Júnior
Full Time Employees
4,000
Sector
Finance
Industry
Real estate development
Address
Av. Alcides Sangirardi São Paulo SP Brazil 05672-015
IPO Date
Apr 10, 2007
Website
jhsf.com.br
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Business
JHSF Participações S.A. operates as a leading Brazilian holding company focused on the high-end real estate sector, with activities spanning recurring income assets, real estate development, airports, hotels and restaurants, and a main administrative office. The company develops, purchases, sells, and leases residential and commercial properties; constructs and operates luxury shopping malls such as Shopping Cidade Jardim, Catarina Fashion Outlet, Shops Jardins, and Faria Lima Shops; manages high-end complexes including Parque Cidade Jardim and Fazenda Boa Vista with its Boa Vista Village expansion featuring Latin America's first PerfectSwell wave pool; oversees hospitality and gastronomy through the Fasano group hotels and restaurants in locations across Brazil, the United States, Uruguay, Portugal, and Italy; operates the São Paulo Catarina Executive International Airport with ongoing expansions including a sixth phase announced in October 2025 and plans for additional hangars; and retails luxury fashion brands like Emilio Pucci, Aquazzura, Brunello Cucinelli, Balmain, and Celine. Founded in 1972 and headquartered in São Paulo, Brazil, JHSF targets high-income customers in Brazil and internationally, employing around 4,000 people across its segments. Recent developments include raising BRL 3.2 billion in debt in 2025 to improve capital structure and extend debt maturity to 5.7 years; announcing a nearly BRL 5 billion transformational transaction under a silent period for real estate projects; launching an $869 million investment vehicle for real estate assets in September 2025; advancing acquisitions such as BYS International for luxury boat maintenance to enhance its lifestyle ecosystem while retaining the founding partner's expertise; and planning new mall phases at Boa Vista Village and Cidade Jardim, international Fasano hotel openings in Sardinia, Miami, and London, and further airport expansions through 2026-2027.