Sang Hing Holdings (International) Ltd.

Sang Hing Holdings (International) Ltd.

HHKEX:1472
0.09
HKD
+0.00
(+1.15%)
68.00MMarket Cap
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
2026 Y
TTM
Revenue per Share
0.34
0.28
0.43
0.68
0.39
0.43
0.32
0.12
0.19
- -
- -
Basic EPS, GAAP
0.04
0.04
0.04
0.06
0.03
0.01
-0.01
-0.01
-0.01
- -
- -
Free Cash Flow per Basic Share
0.06
0.02
0.03
-0.01
-0.08
-0.05
- -
-0.01
-0.01
- -
- -
Dividend per Share
0.03
0.02
0.02
0.03
0.01
- -
- -
- -
- -
- -
- -
Book Value per Share
0.11
0.13
0.15
0.29
0.31
0.32
0.31
0.3
0.29
- -
0.28
Tangible Book Value per Share
0.11
0.13
0.15
0.29
0.31
0.32
0.31
0.3
0.29
- -
0.28
Basic Weighted Avg Shares
1,000
1,000
1,000
760
1,000
1,000
1,000
1,000
1,000
1,000
1,000
Sales/Revenue/Turnover
342
282
435
516
390
427
324
116
195
- -
- -
Operating Margin (%)
11.22
13.7
11
10.92
6.79
3.13
-4.96
-18.56
-10.78
- -
- -
Depreciation Expense
3
3
4
7
10
10
10
7
6
- -
- -
Net Income, GAAP
40
35
41
48
26
12
-8
-6
-9
- -
- -
Effective Tax Rate (%)
13.7
16.23
19.84
19.76
21.67
9.44
- -
- -
- -
- -
- -
Profit Margin (%)
11.83
12.4
9.44
9.32
6.77
2.8
-2.59
-5.46
-4.67
- -
- -
Working Capital
91
117
131
263
250
294
290
288
273
- -
257
LT Debt
3
1
- -
- -
- -
- -
1
- -
- -
- -
3
Total Equity
110
130
149
289
306
318
309
303
294
- -
280
Return on Invested Capital (%)
- -
28.18
28.25
21.45
8.86
3.81
- -
- -
- -
- -
- -
Return on Capital (%)
- -
28.19
28.91
21.77
8.86
3.85
- -
- -
- -
- -
- -
Return on Common Equity (%)
- -
29.07
29.34
21.89
8.88
3.84
-2.68
-2.08
-3.05
- -
- -

Capital Structure

HKD

•

in mil. unless spec.
Sep'25
Mar'25
Sep'26
ST Debt
1
- -
7
LT Borrowings
- -
- -
- -
LT Finance Leases
- -
- -
3
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
1,000
1,000
1,000
Market Capitalization
53
45
68

Working Capital

HKD

•

in mil. unless spec.
Sep'25
Mar'25
Sep'26
Total Current Assets
303
308
305
Cash, Cash Equivalents & STI
25
29
34
Accounts Receivable, Net
14
14
23
Inventories
- -
- -
- -
Total Current Liabilities
24
35
49
Payables & Accruals
- -
- -
- -
ST Debt
1
- -
7
Deferred Revenue
- -
- -
- -

Growth Rates

HKD

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
- -
- -
- -
Free Cash Flow
- -
- -
- -
Net Income, GAAP
- -
- -
- -
Sales/Revenue/Turnover
- -
- -
- -
Total Cash Common Dividend
- -
- -
- -

Semi-annual Revenue

HKD

•

in mil. unless spec.

Year

H1
H2
FY
2024
- -
- -
116
2025
- -
- -
195
2026
- -
- -
- -

Semi-annual Earnings Per Share

HKD

•

in mil. unless spec.

Year

H1
H2
FY
2024
- -
- -
-0.01
2025
- -
- -
-0.01
2026
- -
- -
- -

Semi-annual Dividends Per Share

HKD

•

in mil. unless spec.

Year

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

Company Description

CEO
Chun Wing Au
Full Time Employees
200
Sector
Industrial services
Industry
Engineering & construction
Address
Central Services Building Hong Kong NT Hong Kong
IPO Date
Mar 17, 2020
Business
Sang Hing Holdings (International) Limited is an investment holding company engaged in civil engineering works and related services primarily in Hong Kong. The company provides site formation; road and bridge construction; drainage and sewerage construction; watermain installation; slope works; and concrete structures through its wholly-owned subsidiary Sang Hing Civil Contractors Company Limited, a Group C main contractor qualified to tender for public works contracts exceeding HK$300 million under site formation and roads and drainage categories. Founded in 1990 and headquartered at Room 215A-B, 2/F, Central Services Building, Nan Fung Industrial City, No. 18 Tin Hau Road, Tuen Mun, New Territories, Hong Kong, it operates with approximately 147 employees and targets government departments such as the Civil Engineering and Development Department. In recent developments, a joint venture between Sang Hing Civil Contractors Company Limited and Kuly Construction & Engineering Company Limited secured a tender on April 30, 2025, for site formation and infrastructure works for public housing development at A Kung Ngam Village, Eastern District, Hong Kong, with a provisional contract sum of approximately HK$442.2 million and a contract period from May 2025 to September 2029. Additionally, in October 2025, the subsidiary acquired Anbaitaoke Machinery for HK$6.45 million to expand its equipment portfolio. The company reported revenue of HK$194.78 million for the fiscal year ended March 31, 2025, up 67.2% year-on-year, though it recorded a net loss of HK$9.095 million, and issued a profit warning for an expected net loss of up to HK$14 million for the six months ended September 30, 2025.