SEA Holdings Ltd.

SEA Holdings Ltd.

HHKEX:251
1.06
HKD
+0.01
(+0.47%)
861.04MMarket 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
1.32
0.98
1.07
0.61
0.85
1.17
1.23
0.92
0.86
0.62
0.69
1.38
1.4
- -
Basic EPS, GAAP
0.76
1
2.09
1.01
0.39
0.18
0.26
0.23
0.11
-0.64
-1.42
-0.23
-0.31
- -
Free Cash Flow per Basic Share
0.38
-0.19
-0.24
0.27
0.58
0.92
0.95
0.7
0.18
0.52
0.34
0.61
0.41
- -
Dividend per Share
0.11
0.11
0.11
2.11
3.08
0.05
0.05
0.05
0.05
0.05
0.05
0.05
0.05
- -
Book Value per Share
17.18
17.69
19.29
17.81
9.12
9.08
9.44
9.72
9.06
7.79
6.79
6.52
6.36
6.52
Tangible Book Value per Share
17.17
17.67
19.28
17.8
9.11
9.07
9.43
9.71
9.05
7.77
6.78
6.51
6.35
6.51
Basic Weighted Avg Shares
672
684
686
678
680
665
662
657
619
602
602
602
602
602
Sales/Revenue/Turnover
884
669
733
414
576
779
816
603
531
372
414
828
846
- -
Operating Margin (%)
35.12
28.63
12.95
25.61
44.05
59.55
68.74
72.73
60.72
43.79
41.27
70.56
72.49
- -
Depreciation Expense
83
62
65
38
28
29
39
37
42
42
43
46
43
- -
Net Income, GAAP
510
684
1,436
684
267
121
173
151
70
-384
-854
-137
-187
- -
Effective Tax Rate (%)
12.57
6.18
- -
2
28.89
13.54
12.35
14.57
45.77
- -
- -
- -
- -
- -
Profit Margin (%)
57.69
102.38
195.98
165.2
46.38
15.54
21.2
25.04
13.22
-103.21
-206.32
-16.51
-22.07
- -
Working Capital
1,407
3,541
2,768
8,997
706
2,571
419
599
2,235
2,667
1,272
1,517
1,072
1,517
LT Debt
1,722
3,666
2,953
2,104
6,302
7,490
6,654
6,961
7,163
6,690
5,505
5,759
5,400
5,759
Total Equity
11,961
12,625
13,518
12,333
6,144
6,012
6,250
6,241
5,456
4,688
4,087
3,923
3,831
3,923
Return on Invested Capital (%)
1.96
1.11
- -
-1.39
1.02
2.08
2.41
2.02
-1.34
- -
- -
- -
- -
- -
Return on Capital (%)
3.88
4.73
- -
4.96
2.28
2.16
2.58
1.98
1.06
- -
- -
- -
- -
- -
Return on Common Equity (%)
4.53
5.76
11.36
5.45
2.94
1.99
2.82
2.42
1.2
-7.56
-19.46
-3.41
-4.82
- -

Capital Structure

HKD

•

in mil. unless spec.
Dec'23
Jun'24
Dec'24
ST Debt
2,323
1,817
1,248
LT Borrowings
5,337
5,251
5,601
LT Finance Leases
168
161
158
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
602
602
602
Market Capitalization
1,036
903
861

Working Capital

HKD

•

in mil. unless spec.
Dec'23
Jun'24
Dec'24
Total Current Assets
3,741
3,044
2,926
Cash, Cash Equivalents & STI
2,483
2,300
2,455
Accounts Receivable, Net
5
2
3
Inventories
2
1
1
Total Current Liabilities
2,469
1,965
1,409
Payables & Accruals
- -
- -
- -
ST Debt
2,323
1,817
1,248
Deferred Revenue
- -
- -
- -

Growth Rates

HKD

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
-10.31%
-9.16%
-2.35%
Free Cash Flow
5%
23.06%
-32.78%
Net Income, GAAP
-76.3%
-125.05%
36.54%
Sales/Revenue/Turnover
8.12%
14.34%
2.13%
Total Cash Common Dividend
- -
- -
-0.18%

Semi-annual Revenue

HKD

•

in mil. unless spec.

Year

H1
H2
FY
2023
- -
- -
414
2024
- -
- -
828
2025
- -
- -
846

Semi-annual Earnings Per Share

HKD

•

in mil. unless spec.

Year

H1
H2
FY
2023
- -
- -
-1.42
2024
- -
- -
-0.23
2025
- -
- -
-0.31

Semi-annual Dividends Per Share

HKD

•

in mil. unless spec.

Year

H1
H2
FY
2023
- -
- -
0.05
2024
- -
- -
0.05
2025
- -
- -
0.05

Company Description

CEO
Lambert Lu
Full Time Employees
180
Sector
Finance
Industry
Real estate development
Address
Everbright Centre Hong Kong Hong Kong
IPO Date
Oct 3, 1973
Business
S E A Holdings Limited is a Hong Kong-based investment holding company engaged primarily in property investment, property development, hotel operations, and financial investment. The company's core products and services include investment and development of residential and commercial properties, operation of hotels, financial investment in listed and unlisted equity and debt securities, and provision of treasury, corporate, and property management services. Founded in 1956, S E A Holdings is headquartered in Wan Chai, Hong Kong and operates mainly in Hong Kong and the United Kingdom. The company has a diversified portfolio spanning property development, property investment, hotel operation, and financial investments as its main business segments. Recent major changes include the adoption of a 2024 Share Option Scheme and 2024 Share Award Scheme, reflecting ongoing corporate governance updates, and active participation in investment and acquisition activities through strategic subsidiaries such as its involvement with Iron Horse Acquisitions Corp. in acquiring Zhong Guo Liang Tou Group Limited, a business combination deal expected to conclude in early 2025, signaling expansion in its investment portfolio. S E A Holdings Limited remains a subsidiary of Nan Luen International Limited, maintaining a strong focus on real estate and financial investment sectors within its geographic operational scope. The company has continued to pay dividends consistently in recent years, demonstrating steady financial management.