Sitoy Group Holdings Limited

Sitoy Group Holdings Limited

HHKEX:1023
0.38
HKD
+0.00
(-1.30%)
510.89MMarket Cap
2012 Y
2013 Y
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
TTM
Revenue per Share
3.74
3.36
3.85
3.38
2.83
1.91
2.3
2.52
1.89
1.37
1.92
1.9
1.67
- -
Basic EPS, GAAP
0.43
0.4
0.5
0.41
0.37
0.21
0.26
0.13
-0.14
-0.16
0.12
0.21
0.11
- -
Free Cash Flow per Basic Share
0.14
0.3
0.79
0.24
0.34
0.14
-0.04
0.19
0.18
0.1
-0.04
0.28
0.18
- -
Dividend per Share
- -
0.26
0.26
0.28
0.23
0.34
0.12
0.12
0.04
0.05
0.03
0.1
0.09
- -
Book Value per Share
1.58
1.74
1.98
2.12
2.18
2.06
2.2
2.16
1.94
1.81
1.84
1.84
1.88
1.75
Tangible Book Value per Share
1.55
1.71
1.95
2.09
2.15
2.04
2.17
2.12
1.92
1.79
1.82
1.83
1.87
1.74
Basic Weighted Avg Shares
892
1,002
1,002
1,002
1,002
1,002
1,002
968
960
963
963
964
963
964
Sales/Revenue/Turnover
3,338
3,360
3,857
3,380
2,837
1,917
2,306
2,441
1,809
1,314
1,846
1,828
1,606
- -
Operating Margin (%)
13.76
14.66
16.04
13.49
12.65
9.31
9.42
4.59
-4.19
-0.78
9.06
12.15
8.11
- -
Depreciation Expense
28
35
44
51
51
47
47
50
98
83
73
62
55
- -
Net Income, GAAP
381
400
504
412
370
211
257
126
-133
-150
112
203
102
- -
Effective Tax Rate (%)
17.65
18.12
18.7
18.86
16.89
10.71
11.1
29.92
- -
- -
18.57
21.6
20.5
- -
Profit Margin (%)
11.41
11.92
13.07
12.19
13.05
11.01
11.13
5.14
-7.34
-11.43
6.05
11.1
6.34
- -
Working Capital
1,218
1,307
1,510
1,651
1,142
987
1,077
829
658
587
695
759
770
638
LT Debt
- -
- -
- -
- -
- -
- -
- -
- -
90
43
22
24
19
12
Total Equity
1,579
1,741
1,980
2,120
2,180
2,063
2,202
2,060
1,833
1,749
1,766
1,780
1,805
1,682
Return on Invested Capital (%)
32.59
23.6
26.16
18.97
16.87
9.89
9
3.52
- -
- -
6.81
9.27
5.53
- -
Return on Capital (%)
35.14
24.13
27.1
20.09
17.22
9.95
12.31
6.4
- -
- -
6.07
11.09
5.64
- -
Return on Common Equity (%)
36.77
24.13
27.1
20.09
17.22
9.95
12.04
5.88
-6.78
-8.35
6.37
11.44
5.68
- -

Capital Structure

HKD

•

in mil. unless spec.
Dec'24
Jun'24
Dec'25
ST Debt
23
17
8
LT Borrowings
- -
- -
- -
LT Finance Leases
27
19
12
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
965
959
964
Market Capitalization
859
537
511

Working Capital

HKD

•

in mil. unless spec.
Dec'24
Jun'24
Dec'25
Total Current Assets
1,042
1,054
916
Cash, Cash Equivalents & STI
441
461
438
Accounts Receivable, Net
288
297
260
Inventories
234
217
145
Total Current Liabilities
297
284
278
Payables & Accruals
- -
- -
- -
ST Debt
23
17
8
Deferred Revenue
- -
- -
- -

Growth Rates

HKD

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
-0.76%
-2.48%
1.44%
Free Cash Flow
-168.54%
-190.85%
-35.45%
Net Income, GAAP
-43.6%
-67.02%
-49.76%
Sales/Revenue/Turnover
-6.06%
-5.18%
-12.11%
Total Cash Common Dividend
11.08%
28.47%
-9.82%

Semi-annual Revenue

HKD

•

in mil. unless spec.

Year

H1
H2
FY
2023
- -
- -
1,828
2024
- -
- -
1,606
2025
- -
- -
- -

Semi-annual Earnings Per Share

HKD

•

in mil. unless spec.

Year

H1
H2
FY
2023
- -
- -
0.21
2024
- -
- -
0.11
2025
- -
- -
- -

Semi-annual Dividends Per Share

HKD

•

in mil. unless spec.

Year

H1
H2
FY
2023
- -
- -
0.1
2024
- -
- -
0.09
2025
- -
- -
- -

Company Description

CEO
Wo Fai Yeung
Full Time Employees
5,300
Sector
Consumer non-durables
Industry
Consumer sundries
Address
Sitoy Tower Hong Kong Hong Kong
IPO Date
Dec 6, 2011
Website
sitoy.com
Business
Sitoy Group Holdings Limited engages in the design, research, development, manufacture, sale, wholesale, and retail of handbags, small leather goods, travel goods, and footwear products. The company operates through three segments: Retail, Manufacturing, and Property Investment. Its Retail segment is involved in the manufacture, retail, and wholesale of handbags, small leather goods, travel goods, and footwear products for brands owned or licensed by the Group, and provides handbag and accessories design, advertising, and marketing services. The Manufacturing segment produces handbags, small leather goods, and travel goods for branding and resale by other companies. The Property Investment segment invests in office spaces for rental income or capital appreciation purposes. The company offers its products under several brand names including TUSCAN'S, Fashion & Joy, Duffy, and Cole Haan, and distributes its products through both offline stores and online channels. Geographic operations span Mainland China, Hong Kong, Macau, Taiwan, North America, Europe, and other Asian countries. Founded in 1968, the company is headquartered in Kwun Tong, Hong Kong. Recent major changes include the establishment of a Nomination Committee to enhance corporate governance through oversight of board composition and diversity policies. The committee is comprised mostly of independent non-executive directors and aims to align board structure with corporate strategy and stakeholder confidence. The company also announced results from its Annual General Meeting in November 2025, approving resolutions to strengthen governance and financial strategies, including authorization for a share repurchase program of up to 10% of issued shares and a special dividend payout. Additionally, Sitoy is progressing with the commissioning of a new factory expected to start operations during the 2024/2025 financial year, aimed at expanding manufacturing capabilities. The company has been navigating challenges reflected in a profit warning for 2025 partly due to the termination of the Cole Haan business.