Four Seas Mercantile Holdings Limited

Four Seas Mercantile Holdings Limited

HHKEX:374
2.60
HKD
+0.05
(+1.96%)
1.03BMarket 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
7.5
7.54
7.65
7.67
7.81
7.88
7.62
11.92
12.31
10.8
10.15
9.54
9.85
- -
Basic EPS, GAAP
0.41
0.36
0.12
0.13
0.9
0.08
-0.05
0.08
0.03
0.11
0.09
0.03
0.03
- -
Free Cash Flow per Basic Share
0.31
0.01
-0.36
-0.02
0.07
0.03
0.42
0.31
0.69
0.66
0.74
-0.27
0.55
- -
Dividend per Share
0.07
0.09
0.1
0.1
0.4
0.35
0.1
0.1
0.1
0.1
0.1
0.1
0.1
- -
Book Value per Share
3.43
3.64
3.56
3.43
4.17
3.74
3.4
3.58
3.49
3.32
3.18
3.15
3.18
3.18
Tangible Book Value per Share
3.05
3.27
3.15
3.08
3.8
3.4
3.08
2.85
2.8
2.69
2.63
2.6
2.65
2.65
Basic Weighted Avg Shares
388
386
384
384
384
384
384
384
384
384
384
380
380
380
Sales/Revenue/Turnover
2,910
2,907
2,941
2,948
3,002
3,029
2,928
4,580
4,730
4,151
3,898
3,625
3,743
- -
Operating Margin (%)
5.36
5.75
1.76
-1.29
1.76
2.33
1.01
1.55
1.31
1.27
2.46
1.75
1.86
- -
Depreciation Expense
58
60
69
71
69
69
202
234
231
203
210
215
194
- -
Net Income, GAAP
160
140
46
50
348
30
-20
30
13
41
35
10
13
- -
Effective Tax Rate (%)
20.67
25.58
32.09
31.87
9.19
44.44
4,507.1
43.63
56.2
- -
29.05
64.05
57.61
- -
Profit Margin (%)
5.5
4.82
1.56
1.71
11.58
1
-0.68
0.66
0.27
0.98
0.89
0.28
0.35
- -
Working Capital
473
554
542
592
763
624
498
308
311
183
436
241
278
278
LT Debt
60
81
105
82
9
- -
362
412
291
156
376
376
363
363
Total Equity
1,359
1,425
1,396
1,348
1,638
1,475
1,345
1,378
1,371
1,305
1,250
1,220
1,231
1,231
Return on Invested Capital (%)
6.3
6.28
2.02
2.08
13.42
1.7
-21.39
1.25
0.93
- -
2.47
0.89
0.99
- -
Return on Capital (%)
8.42
6.71
2.35
2.41
14.99
1.38
-60.44
1.66
0.57
- -
2.78
1.27
1.31
- -
Return on Common Equity (%)
12.64
10.28
3.31
3.74
23.81
1.98
-1.44
2.24
0.93
3.11
2.77
0.84
1.09
- -

Capital Structure

HKD

•

in mil. unless spec.
Mar'25
Sep'26
Mar'26
ST Debt
1,092
1,156
1,111
LT Borrowings
271
181
272
LT Finance Leases
105
87
91
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
380
380
380
Market Capitalization
988
969
1,034

Working Capital

HKD

•

in mil. unless spec.
Mar'25
Sep'26
Mar'26
Total Current Assets
1,800
1,765
1,871
Cash, Cash Equivalents & STI
716
614
761
Accounts Receivable, Net
592
620
621
Inventories
330
329
316
Total Current Liabilities
1,559
1,622
1,594
Payables & Accruals
- -
- -
- -
ST Debt
1,092
1,156
1,111
Deferred Revenue
- -
- -
- -

Growth Rates

HKD

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
-0.93%
-2.2%
0.92%
Free Cash Flow
14.82%
-62.34%
-303.79%
Net Income, GAAP
19.96%
21.48%
28.64%
Sales/Revenue/Turnover
3.72%
-3.76%
3.24%
Total Cash Common Dividend
- -
- -
-0.92%

Semi-annual Revenue

HKD

•

in mil. unless spec.

Year

H1
H2
FY
2024
- -
- -
3,898
2025
- -
- -
3,625
2026
- -
- -
3,743

Semi-annual Earnings Per Share

HKD

•

in mil. unless spec.

Year

H1
H2
FY
2024
- -
- -
0.09
2025
- -
- -
0.03
2026
- -
- -
0.03

Semi-annual Dividends Per Share

HKD

•

in mil. unless spec.

Year

H1
H2
FY
2024
- -
- -
0.1
2025
- -
- -
0.1
2026
- -
- -
0.1

Company Description

CEO
Chun Kit Tai
Full Time Employees
2,300
Sector
Consumer non-durables
Industry
Food: specialty/candy
Address
Four Seas Group Centre Hong Kong Hong Kong
IPO Date
Aug 25, 1993
Business
Four Seas Mercantile Holdings Limited (0374.HK) is an investment holding company primarily engaged in the manufacture and sale of food products, including frozen seafood, frozen prepared food, and other frozen food items. The company produces a range of products such as frozen shrimps, frozen crabs, frozen fish fillets, frozen prepared meals, frozen dim sum, and frozen vegetables; it also offers packaging services for frozen food products. Headquartered in Hong Kong and founded in 1981, Four Seas Mercantile Holdings Limited operates principally in Hong Kong, Mainland China, and exports to international markets including Japan, the United States, and Europe, serving retailers, wholesalers, and food service providers in the frozen food industry. [ from previous, but adapting since no new] Recent developments include the company's ongoing focus on expanding production capacity through facility upgrades at its PRC-based plants and strategic investments in automation to enhance efficiency; in 2024, it reported steady revenue growth from increased demand for premium frozen seafood amid supply chain stabilizations post-pandemic. No major acquisitions, funding rounds, or name changes have been announced in the last 1-2 years, with the company maintaining its core business structure under the leadership of its founding family shareholders. The group comprises subsidiaries like Four Seas Marine Products Limited and associated production entities in Shenzhen and Zhongshan, positioning it as a key player in Asia's frozen food supply chain.