Sau San Tong Holdings Limited

Sau San Tong Holdings Limited

HHKEX:8200
0.70
HKD
-0.02
(-3.47%)
0.02EPS
47.72P/E
51.25MMarket 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
373.71
232.66
97.97
84.47
305.51
35.48
18.11
23.9
20.8
15.9
13.86
10.65
11.39
16.42
Basic EPS, GAAP
0.88
5.64
-0.22
0.99
0.75
-1.4
-0.75
-0.35
0.12
-0.18
-0.18
-0.66
-0.06
0.01
Free Cash Flow per Basic Share
-11.19
-6.6
-3.15
-4.49
-2.93
0.25
0.78
0.59
-0.24
0.3
-0.14
-0.33
0.11
- -
Dividend per Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Book Value per Share
35.13
32.04
23.63
13.49
14.06
12.61
10.91
10.66
10.76
10.02
9.77
9.06
9.06
9.9
Tangible Book Value per Share
33.52
31.59
22.72
13.09
13.67
12.23
10.58
10.43
10.53
9.62
9.39
8.73
8.81
9.51
Basic Weighted Avg Shares
4
7
17
26
9
68
75
75
75
77
79
79
79
79
Sales/Revenue/Turnover
1,363
1,548
1,694
2,228
2,608
2,423
1,359
1,794
1,561
1,232
1,093
840
898
1,295
Operating Margin (%)
1.62
3.23
1.01
2.76
1.37
-3.02
-2.88
-0.51
0.78
-1.23
-1.76
-6.78
-0.44
-0.67
Depreciation Expense
10
11
14
20
21
19
37
27
22
16
17
15
14
- -
Net Income, GAAP
3
38
-4
26
6
-95
-56
-26
9
-14
-14
-52
-5
1
Effective Tax Rate (%)
48.8
17.07
71.3
40.1
41.89
- -
- -
- -
27.07
- -
- -
- -
101.33
84.35
Profit Margin (%)
0.24
2.42
-0.22
1.17
0.25
-3.94
-4.16
-1.47
0.57
-1.13
-1.31
-6.19
-0.54
0.08
Working Capital
206
392
466
766
821
723
634
677
686
605
585
519
552
591
LT Debt
48
19
- -
- -
- -
- -
11
2
1
- -
3
5
8
5
Total Equity
178
385
553
934
991
876
814
808
820
776
756
690
696
769
Return on Invested Capital (%)
5.23
12.32
1.06
4.95
2.05
- -
- -
- -
1.74
- -
- -
- -
-0.01
0.2
Return on Capital (%)
0.31
11.59
-2.16
2.14
-0.35
- -
- -
- -
0.53
- -
- -
- -
-1.37
0.09
Return on Common Equity (%)
2.31
14.44
-0.83
3.57
0.68
-10.47
-6.73
-3.26
1.11
-1.74
-1.83
-7
-0.68
0.14

Capital Structure

HKD

•

in mil. unless spec.
Mar'23
Jun'24
Sep'24
ST Debt
5
- -
9
LT Borrowings
- -
- -
- -
LT Finance Leases
- -
- -
5
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
79
79
79
Market Capitalization
76
56
51

Working Capital

HKD

•

in mil. unless spec.
Mar'23
Jun'24
Sep'24
Total Current Assets
731
- -
693
Cash, Cash Equivalents & STI
523
- -
292
Accounts Receivable, Net
67
- -
103
Inventories
7
- -
8
Total Current Liabilities
125
- -
102
Payables & Accruals
- -
- -
- -
ST Debt
5
- -
9
Deferred Revenue
- -
- -
- -

Growth Rates

HKD

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
4.13%
-2.88%
0.88%
Free Cash Flow
-43.19%
-103.37%
-133.17%
Net Income, GAAP
-276.09%
-42.8%
-90.69%
Sales/Revenue/Turnover
-3.2%
-12.32%
6.89%
Total Cash Common Dividend
- -
- -
- -

Semi-annual Revenue

HKD

•

in mil. unless spec.

Year

H1
H2
FY
2024
- -
- -
1,093
2025
- -
- -
840
2026
- -
- -
898

Semi-annual Earnings Per Share

HKD

•

in mil. unless spec.

Year

H1
H2
FY
2024
- -
- -
-0.18
2025
- -
- -
-0.66
2026
- -
- -
-0.06

Semi-annual Dividends Per Share

HKD

•

in mil. unless spec.

Year

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

Company Description

CEO
Fei Ying Kwan
Full Time Employees
171
Sector
Consumer non-durables
Industry
Household/Personal care
Address
China Insurance Group Building Hong Kong Hong Kong
IPO Date
Nov 19, 2003
Business
Sau San Tong Holdings Limited is a Hong Kong-based investment holding company principally engaged in the beauty and slimming industry. The company operates through six main business segments: distribution and sale of cosmetic and skincare products, provision of professional beauty and slimming services, franchise operations selling health and beauty products, sale of health, beauty, and related products, investment in listed securities, and money lending. Its product portfolio includes well-known brands such as Vidal Sassoon, Pantene, Rejoice, Pampers, Crest, and Ariel, and it distributes Procter & Gamble personal care products in Shanghai and other regions of Mainland China. The company provides beauty and slimming services including whole and partial body slimming, weight management, body treatment, facial treatments, and SPA hydrotherapy services under its own Sau San Tong and IPRO brand names. Sau San Tong generates significant revenue primarily from the People's Republic of China while maintaining operations in Hong Kong and expanding into markets such as Canada, including branches in Vancouver. Founded in 2000 and headquartered in Hong Kong, it was the first company specializing in slimming and beauty services listed on the Hong Kong Stock Exchange in 2003. In recent developments, Sau San Tong Holdings Limited has undertaken a strategic disposal of its holdings in China Financial Leasing Group Limited, with a series of share disposals occurring between mid-2025 and October 2025, signaling a repositioning of its investment portfolio. The company reported a turnaround in financial performance for the half-year ended September 30, 2025, achieving revenue growth to HKD 437.32 million and returning to net profitability with a net income of HKD 16.72 million compared to a net loss the previous year. However, the company issued a profit warning earlier in 2025 anticipating an increased annual loss around HKD 50 million, reflecting operational challenges amid its ongoing business adjustments. These recent changes reflect Sau San Tong’s efforts to optimize its business structure and focus on core product and service areas in the beauty and slimming sector within its key markets.