Success Dragon International Holdings Ltd.

Success Dragon International Holdings Ltd.

HHKEX:1182
0.64
HKD
0.00
(0.00%)
155.07MMarket 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
1.21
1.4
3.09
2.02
1.64
1.02
0.74
0.73
1.4
0.97
1.21
1.21
0.36
- -
Basic EPS, GAAP
-1.46
-0.2
-0.81
-3.04
-1.69
-1.2
-0.33
-0.09
-0.08
0.01
- -
0.02
0.02
- -
Free Cash Flow per Basic Share
-1.22
-1.1
-0.1
-1.31
-0.5
-0.08
-0.33
-0.18
-0.04
0.07
0.05
-0.02
-0.01
- -
Dividend per Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Book Value per Share
3.06
3.38
2.67
1.81
1.73
0.58
0.33
0.23
0.32
0.34
0.33
0.34
0.36
0.44
Tangible Book Value per Share
3.06
1.48
1.14
1.81
1.73
0.58
0.32
0.23
0.32
0.33
0.33
0.34
0.36
0.44
Basic Weighted Avg Shares
45
58
58
76
92
110
119
125
125
148
302
350
348
345
Sales/Revenue/Turnover
54
82
180
154
151
112
88
91
175
144
364
423
125
- -
Operating Margin (%)
-67.71
-36.53
-23.14
-86.29
-56.72
-23.62
-38.07
-11.92
-4.64
3.72
2.98
2.05
8.46
- -
Depreciation Expense
3
9
22
24
35
14
12
5
2
2
2
4
4
- -
Net Income, GAAP
-65
-12
-47
-231
-156
-132
-39
-12
-11
2
1
6
9
- -
Effective Tax Rate (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
59.85
58.01
50.62
35.1
- -
Profit Margin (%)
-120.74
-14.41
-26.29
-150.64
-103.27
-117.08
-44.31
-12.97
-6.02
1.41
0.22
1.46
6.8
- -
Working Capital
9
61
61
27
4
50
33
19
41
40
107
108
90
117
LT Debt
- -
50
50
- -
17
10
- -
- -
3
3
3
1
1
11
Total Equity
171
189
156
161
187
64
41
29
47
50
116
118
122
149
Return on Invested Capital (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
4.4
5.34
4.58
6.63
- -
Return on Capital (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
3.38
1.16
5.29
7.01
- -
Return on Common Equity (%)
-35.66
-6.56
-27.42
-145.63
-88.78
-103.7
-74.41
-33.72
-27.51
4.18
0.98
5.28
7.09
- -

Capital Structure

HKD

•

in mil. unless spec.
Sep'25
Mar'25
Sep'26
ST Debt
2
2
1
LT Borrowings
- -
- -
10
LT Finance Leases
1
1
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
350
342
341
Market Capitalization
79
205
155

Working Capital

HKD

•

in mil. unless spec.
Sep'25
Mar'25
Sep'26
Total Current Assets
189
189
247
Cash, Cash Equivalents & STI
72
73
19
Accounts Receivable, Net
5
8
- -
Inventories
23
92
183
Total Current Liabilities
81
100
130
Payables & Accruals
- -
- -
- -
ST Debt
2
2
1
Deferred Revenue
- -
- -
- -

Growth Rates

HKD

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
9.35%
40.88%
3.49%
Free Cash Flow
111.35%
-115.06%
-72.54%
Net Income, GAAP
70.57%
100.95%
37.81%
Sales/Revenue/Turnover
11.25%
34.43%
-70.37%
Total Cash Common Dividend
- -
- -
- -

Semi-annual Revenue

HKD

•

in mil. unless spec.

Year

H1
H2
FY
2024
- -
- -
423
2025
- -
- -
125
2026
- -
- -
- -

Semi-annual Earnings Per Share

HKD

•

in mil. unless spec.

Year

H1
H2
FY
2024
- -
- -
0.02
2025
- -
- -
0.02
2026
- -
- -
- -

Semi-annual Dividends Per Share

HKD

•

in mil. unless spec.

Year

H1
H2
FY
2024
- -
- -
- -
2025
- -
- -
- -
2026
- -
- -
- -

Company Description

CEO
Bao Zhi Wang
Full Time Employees
101
Sector
Distribution services
Industry
Wholesale distributors
Address
Guangdong Finance Building Hong Kong Hong Kong
IPO Date
Oct 17, 1994
Business
Success Dragon International Holdings Limited operates as an investment holding company primarily engaged in the gold processing and trading industry. The company’s core products and services encompass the processing of gold-loaded carbon and gold ore, extraction of gold and other precious metals into gold ingots, and the processing of gold ore into gold concentrates. Additionally, Success Dragon trades gold and other precious metals. The company also offers management services for electronic gaming equipment, including outsourced business process management for electronic gaming machines, primarily in Macau. It has been involved in packaging products trading and information technology services focused on the Vietnam pari-mutuel sector. Founded in 1994 and incorporated in Bermuda, Success Dragon maintains its headquarters in Hong Kong with operating units in the People’s Republic of China. Recent major changes include a significant financial turnaround reported for the six months ending September 2025, with an expected net profit of approximately HK$25.7 million compared to a net loss of HK$3.4 million in the prior period. This improvement is driven mainly by increased revenue from gold ore processing operations in Henan province following infrastructure upgrades and the resumption of production activities. The company announced a strategic shift by ceasing the construction of a new gold processing plant due to rising costs, instead reallocating funds to expand and upgrade its existing gold processing operations through leased plants and acquisition of machinery and equipment. Furthermore, Success Dragon has made donations to social causes and announced board and committee changes effective in late 2025. Its key markets include Hong Kong, Macau, and mainland China, with continued emphasis on the gold processing sector as the primary business focus. The company employs approximately 84 people. Success Dragon International Holdings Limited is listed on the Hong Kong Stock Exchange under the ticker 1182.HK. The company leverages its expertise in gold processing and electronic gaming equipment management to serve customers in the precious metals and gaming industries, focusing on operational efficiency and profitability in the Asia-Pacific region. Recent operational developments reflect a flexible strategic approach to capital deployment and a focus on maximizing existing asset utilization rather than expanding through new plant constructions. The company continues to enhance its technological and processing capacity to maintain competitiveness in its core markets.