SH Group (Holdings) Limited

SH Group (Holdings) Limited

HHKEX:1637
0.59
HKD
0.00
(0.00%)
160.00MMarket Cap
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
2026 Y
TTM
Revenue per Share
0.83
0.46
0.48
0.86
0.92
0.99
1.42
1.77
1.88
2.39
2.19
1.52
0.97
- -
Basic EPS, GAAP
0.06
0.03
0.06
0.03
0.09
0.06
0.07
0.11
0.03
-0.03
-0.04
0.01
0.01
- -
Free Cash Flow per Basic Share
0.02
-0.07
0.09
-0.03
0.15
-0.17
0.14
0.35
0.12
-0.3
-0.3
0.22
0.11
- -
Dividend per Share
- -
0.03
- -
- -
- -
0.02
0.01
0.02
0.04
0.05
- -
- -
- -
- -
Book Value per Share
0.18
0.19
0.23
0.48
0.57
0.59
0.64
0.74
0.73
0.61
0.57
0.59
0.55
0.55
Tangible Book Value per Share
0.18
0.19
0.23
0.48
0.57
0.59
0.64
0.74
0.73
0.61
0.57
0.59
0.55
0.55
Basic Weighted Avg Shares
400
400
400
339
400
400
400
400
400
400
400
400
400
400
Sales/Revenue/Turnover
331
184
190
290
368
396
568
708
753
954
876
608
388
- -
Operating Margin (%)
9.59
8.55
14.46
5.4
11.67
6.4
5.89
6.97
2.69
-1.48
-1.58
0.17
0.2
- -
Depreciation Expense
1
1
1
1
2
1
4
4
4
4
4
3
3
- -
Net Income, GAAP
25
12
24
10
36
23
26
44
12
-11
-15
5
6
- -
Effective Tax Rate (%)
17.37
17.58
17.32
35.79
17.58
16.79
18.09
13.76
24.89
- -
- -
13.04
4.68
- -
Profit Margin (%)
7.56
6.61
12.43
3.46
9.67
5.73
4.58
6.24
1.56
-1.15
-1.74
0.89
1.54
- -
Working Capital
33
40
66
137
173
200
218
232
216
169
172
180
168
168
LT Debt
- -
- -
- -
- -
- -
- -
4
2
- -
- -
- -
- -
- -
- -
Total Equity
71
75
90
192
228
237
257
295
291
244
229
234
220
220
Return on Invested Capital (%)
- -
13.61
22.33
6.38
15.72
7.7
10.51
15.68
4.8
- -
- -
-1.68
0.37
- -
Return on Capital (%)
- -
13.55
23.81
6.57
16.05
9.47
10.28
15.6
3.98
- -
- -
2.56
2.65
- -
Return on Common Equity (%)
- -
16.62
28.61
7.11
16.93
9.76
10.53
15.99
4.01
-4.11
-6.43
2.33
2.64
- -

Capital Structure

HKD

•

in mil. unless spec.
Mar'25
Sep'26
Mar'26
ST Debt
- -
1
2
LT Borrowings
- -
- -
- -
LT Finance Leases
- -
1
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
400
400
400
Market Capitalization
48
81
160

Working Capital

HKD

•

in mil. unless spec.
Mar'25
Sep'26
Mar'26
Total Current Assets
323
311
314
Cash, Cash Equivalents & STI
100
151
151
Accounts Receivable, Net
81
28
52
Inventories
- -
- -
- -
Total Current Liabilities
143
138
147
Payables & Accruals
- -
- -
- -
ST Debt
- -
1
2
Deferred Revenue
- -
- -
- -

Growth Rates

HKD

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
13.13%
-5.45%
-5.98%
Free Cash Flow
-169.84%
-128.86%
-48.74%
Net Income, GAAP
-10.86%
-70.63%
11.19%
Sales/Revenue/Turnover
11.32%
-8.36%
-36.22%
Total Cash Common Dividend
- -
- -
- -

Semi-annual Revenue

HKD

•

in mil. unless spec.

Year

H1
H2
FY
2024
- -
- -
876
2025
- -
- -
608
2026
- -
- -
388

Semi-annual Earnings Per Share

HKD

•

in mil. unless spec.

Year

H1
H2
FY
2024
- -
- -
-0.04
2025
- -
- -
0.01
2026
- -
- -
0.01

Semi-annual Dividends Per Share

HKD

•

in mil. unless spec.

Year

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

Company Description

CEO
Man Ching Lau
Full Time Employees
121
Sector
Industrial services
Industry
Engineering & construction
Address
Tower I Hong Kong Hong Kong
IPO Date
Jan 3, 2017
Business
SH Group (Holdings) Limited SH Group (Holdings) Limited is an investment holding company that provides electrical and mechanical (E&M) engineering services to public and private sectors in Hong Kong. The company engages in the design, supply, installation, and maintenance of mechanical ventilation and air-conditioning (MVAC) systems; low voltage electrical systems; and other E&M systems including fire services systems, plumbing and drainage systems. Founded in 1986 and headquartered in Kowloon, Hong Kong, SH Group (Holdings) Limited employs approximately 139 people and operates primarily within the engineering and construction industry, focusing on major projects for both government and commercial clients. In fiscal year 2024, revenue from MVAC system projects and low voltage electrical system projects accounted for approximately 68.1% and 31.9% respectively, with the company actively expanding into additional E&M services such as fire services and plumbing amid a slowdown in private sector developments. The group continues to strengthen its public sector presence and diversify its service offerings to capture new business opportunities in Hong Kong's infrastructure market.