B & S International Holdings Ltd.

B & S International Holdings Ltd.

HHKEX:1705
1.30
HKD
+0.04
(+2.77%)
160.00MMarket Cap
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
0.71
0.75
0.92
1.48
1.3
1.28
1.21
1.17
1.22
1.3
1.26
- -
Basic EPS, GAAP
0.03
0.05
0.07
0.05
0.03
- -
- -
- -
0.07
0.08
0.04
- -
Free Cash Flow per Basic Share
0.06
0.06
0.03
0.01
0.02
0.12
0.23
0.18
0.21
0.14
0.17
- -
Dividend per Share
- -
- -
- -
- -
0.04
0.02
0.01
- -
0.03
0.05
0.06
- -
Book Value per Share
0.1
0.12
0.15
0.35
0.35
0.32
0.32
0.32
0.36
0.4
0.39
0.41
Tangible Book Value per Share
0.1
0.12
0.15
0.35
0.35
0.32
0.32
0.32
0.36
0.4
0.39
0.41
Basic Weighted Avg Shares
400
400
400
305
400
400
400
400
400
400
400
400
Sales/Revenue/Turnover
283
300
368
452
519
514
483
468
487
521
505
- -
Operating Margin (%)
6.56
9.16
9.83
5.8
4.05
1.65
0.62
1.16
7.39
7.97
5.17
- -
Depreciation Expense
3
4
7
10
16
80
75
56
46
41
43
- -
Net Income, GAAP
14
20
27
14
13
1
1
1
28
34
18
- -
Effective Tax Rate (%)
15.95
16.39
16.36
32.58
15.3
- -
- -
- -
11.1
14.96
14.05
- -
Profit Margin (%)
4.84
6.61
7.43
3.12
2.59
0.21
0.12
0.13
5.7
6.45
3.52
- -
Working Capital
25
27
29
116
95
35
57
72
93
107
98
108
LT Debt
- -
- -
- -
- -
- -
39
26
18
16
25
22
17
Total Equity
44
52
63
147
145
136
131
131
149
163
158
167
Return on Invested Capital (%)
- -
29.09
32.5
9.9
7.39
- -
- -
- -
14.73
16.24
9.34
- -
Return on Capital (%)
- -
26.17
31.69
8.83
6.78
- -
- -
- -
13.67
16.05
9.26
- -
Return on Common Equity (%)
- -
46.47
51.96
14.09
9.61
0.82
0.46
0.47
20.43
22.17
11.39
- -

Capital Structure

HKD

•

in mil. unless spec.
Sep'25
Mar'25
Sep'26
ST Debt
35
38
35
LT Borrowings
- -
- -
- -
LT Finance Leases
21
22
17
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
400
400
400
Market Capitalization
146
134
160

Working Capital

HKD

•

in mil. unless spec.
Sep'25
Mar'25
Sep'26
Total Current Assets
192
182
183
Cash, Cash Equivalents & STI
61
55
41
Accounts Receivable, Net
59
55
58
Inventories
22
26
30
Total Current Liabilities
78
84
74
Payables & Accruals
- -
- -
- -
ST Debt
35
38
35
Deferred Revenue
- -
- -
- -

Growth Rates

HKD

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
18.12%
3.22%
-2.83%
Free Cash Flow
63.8%
15.56%
26.33%
Net Income, GAAP
442.41%
897.17%
-47.06%
Sales/Revenue/Turnover
6.43%
-0.23%
-3.08%
Total Cash Common Dividend
- -
- -
10%

Semi-annual Revenue

HKD

•

in mil. unless spec.

Year

H1
H2
FY
2024
- -
- -
521
2025
- -
- -
505
2026
- -
- -
- -

Semi-annual Earnings Per Share

HKD

•

in mil. unless spec.

Year

H1
H2
FY
2024
- -
- -
0.08
2025
- -
- -
0.04
2026
- -
- -
- -

Semi-annual Dividends Per Share

HKD

•

in mil. unless spec.

Year

H1
H2
FY
2024
- -
- -
0.05
2025
- -
- -
0.06
2026
- -
- -
- -

Company Description

CEO
Kam Chuen Chan
Full Time Employees
608
Sector
Distribution services
Industry
Food distributors
Address
Ko Fai Industrial Building Hong Kong HK Hong Kong
IPO Date
Mar 14, 2018
Business
B & S International Holdings Ltd. is a Hong Kong-based investment holding company primarily engaged in the distribution and retail of food and beverage products. The company operates through two main business segments: Distribution Business and Retail Business. In its Distribution Business segment, B & S International Holdings distributes and markets a diversified portfolio of overseas branded food and beverage products including sweets and candies, biscuits, cakes and pastries, instant drink powders, dried meat products, tea leaves, pasta, fresh eggs, and condiments sourced from countries such as Japan, Taiwan, Malaysia, Argentina, China, Turkey, and the United Kingdom. It distributes these products mainly to supermarkets, pharmacies, convenience stores, department stores, bakeries, confectionery stores, and trading companies primarily in Hong Kong. The company’s Retail Business segment operates self-owned and licensed retail outlets selling overseas branded food and beverage products, with notable retail brands including TenRen (天仁茗茶). Founded in 1990 and headquartered in Yau Tong, Hong Kong, B & S International Holdings has over 27 years of operating history in the Hong Kong market. The company provides supply chain solutions that cover inbound logistics, relabeling to comply with Hong Kong food safety laws, repackaging, and marketing and sales strategies to its brand owners and retailers to ensure wide distribution and consumer acceptance of its products. Recently, the company maintained stable financial performance despite a slight dip in interim net profit, reporting a minor decrease of 2.8% in profit for the half year ended September 2025 while increasing revenue by 1.5%. The company continued the payment of substantial interim dividends with a payout ratio of 99%. There were also updates to its corporate governance, including the adoption of a second amended and restated memorandum and articles of association and the re-election of retiring directors in 2025. B & S International Holdings maintains a robust presence in the food and beverage distribution and retail market in Hong Kong with a comprehensive portfolio of international food brands and a well-established supply chain infrastructure that supports local retailers and overseas brand owners in expanding their market reach. The company is publicly traded on the Hong Kong Stock Exchange under the ticker 1705.HK and operates with a strategic focus on diversifying its product offerings and maintaining strong partnerships with international brand owners.