Sky Blue 11 Company Limited

Sky Blue 11 Company Limited

0.03
HKD
+0.00
(-8.11%)
186.60MMarket Cap
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
0.04
0.04
0.04
0.05
0.11
0.18
0.22
0.27
0.29
0.49
0.31
0.08
0.07
- -
Basic EPS, GAAP
0.14
0.05
-0.08
-0.01
-0.01
-0.12
-0.06
-0.02
-0.14
-0.01
-0.13
-0.37
-0.1
- -
Free Cash Flow per Basic Share
-0.04
-0.02
-0.04
-0.03
-0.06
-0.1
-0.03
0.07
-0.36
0.05
-0.09
-0.3
- -
- -
Dividend per Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Book Value per Share
0.52
0.57
0.5
0.46
0.48
0.35
0.29
0.29
0.17
0.13
-0.01
-0.29
-0.38
-0.29
Tangible Book Value per Share
0.52
0.57
0.5
0.46
0.48
0.35
0.28
0.29
0.17
0.13
-0.01
-0.29
-0.38
-0.29
Basic Weighted Avg Shares
337
337
337
337
337
337
337
348
370
370
370
441
444
441
Sales/Revenue/Turnover
12
14
14
17
37
61
74
93
106
181
114
36
31
- -
Operating Margin (%)
-83.81
-51.22
-97.09
-39.74
-29.03
-59.86
-46.14
-16.79
-22.43
5.36
-19.72
-242.57
-25.08
- -
Depreciation Expense
1
1
1
1
1
1
9
11
6
2
2
2
- -
- -
Net Income, GAAP
46
17
-25
-5
-3
-40
-21
-5
-53
-2
-46
-165
-43
- -
Effective Tax Rate (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
165.65
- -
- -
- -
- -
Profit Margin (%)
376.62
126.54
-185.49
-28.81
-7.34
-66.2
-28.33
-5.93
-50.03
-1.23
-40.75
-458.21
-138.81
- -
Working Capital
173
190
164
103
117
84
52
28
19
9
-42
-163
-183
-163
LT Debt
- -
- -
- -
- -
- -
- -
6
- -
- -
1
2
1
- -
1
Total Equity
176
193
167
153
161
118
96
107
63
47
-3
-128
-167
-128
Return on Invested Capital (%)
-4.31
-3.78
- -
- -
- -
- -
- -
- -
- -
-3.16
- -
- -
- -
- -
Return on Capital (%)
30.07
9.35
- -
- -
- -
- -
- -
- -
- -
-3.51
- -
- -
- -
- -
Return on Common Equity (%)
30.07
9.35
-14
-3.11
-1.71
-28.76
-19.61
-5.39
-62.22
-4.08
- -
- -
- -
- -

Capital Structure

HKD

•

in mil. unless spec.
Dec'23
Jun'24
Dec'24
ST Debt
3
3
125
LT Borrowings
- -
- -
- -
LT Finance Leases
2
2
1
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
370
444
444
Market Capitalization
255
151
187

Working Capital

HKD

•

in mil. unless spec.
Dec'23
Jun'24
Dec'24
Total Current Assets
320
311
192
Cash, Cash Equivalents & STI
22
68
22
Accounts Receivable, Net
90
78
27
Inventories
149
147
84
Total Current Liabilities
363
339
355
Payables & Accruals
- -
- -
- -
ST Debt
3
3
125
Deferred Revenue
- -
- -
- -

Growth Rates

HKD

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
401.74%
810.87%
30.74%
Free Cash Flow
-113.97%
-169.96%
-99.19%
Net Income, GAAP
407.29%
584.94%
-73.86%
Sales/Revenue/Turnover
21.77%
-6.74%
-13.71%
Total Cash Common Dividend
- -
- -
- -

Semi-annual Revenue

HKD

•

in mil. unless spec.

Year

H1
H2
FY
2023
- -
- -
114
2024
- -
- -
36
2025
- -
- -
31

Semi-annual Earnings Per Share

HKD

•

in mil. unless spec.

Year

H1
H2
FY
2023
- -
- -
-0.13
2024
- -
- -
-0.37
2025
- -
- -
-0.1

Semi-annual Dividends Per Share

HKD

•

in mil. unless spec.

Year

H1
H2
FY
2023
- -
- -
- -
2024
- -
- -
- -
2025
- -
- -
- -

Company Description

CEO
Susanna Hui Hon-hing
Full Time Employees
34
Sector
Distribution services
Industry
Wholesale distributors
Address
Central Plaza Hong Kong Hong Kong
IPO Date
Feb 18, 1994
Business
Sky Blue 11 Company Limited operates as an investment holding company principally engaged in the design and sales of integrated circuits and semiconductor parts, executive jet management services, and the manufacturing and sale of yachts along with other yacht-related businesses. The company supplies integrated circuits and semiconductor components used in industrial and household measuring tools and display products across the People’s Republic of China, Hong Kong, and Taiwan. It provides comprehensive executive jet management services including aircraft sales and pilot training. The yacht business segment involves manufacturing superyachts, yacht refitting, after-sales services, luxury yacht rentals, onboard entertainment, and yacht tourism. Additionally, the company has a property investment segment and conducts finance lease services. Founded prior to its change of name in January 2024, the company was formerly known as Balk 1798 Group Limited, and it is headquartered in Hong Kong with its principal place of business recently relocated to Suite 3902, 39/F, Central Plaza, effective November 2024. In the past two years, Sky Blue 11 has taken strategic measures to reform and strengthen its core business, focusing on cost control in the semiconductor segment, platform building in jet management services, and marketing expansion for yacht businesses to capture growth opportunities. It has signed multiple sales agreements to boost its yacht sales and continues to develop its offerings in luxury yacht rentals and related services. The company has emphasized ongoing business reform and strategic portfolio monitoring to enhance profitability and shareholder value, adapting proactively to the complex market environment it operates in. Recent structural changes include the rebranding from Balk 1798 Group Limited to Sky Blue 11 Company Limited in January 2024 and operational consolidation efforts including the physical office relocation in late 2024. The company maintains a diversified portfolio across industrial electronics, aviation, maritime luxury, and real estate investments, targeting customers in industrial manufacturing, luxury lifestyle, and aviation sectors in Greater China and beyond.