Stelux Holdings International Limited

Stelux Holdings International Limited

HHKEX:84
0.07
HKD
+0.00
(+4.84%)
67.40MMarket 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
3.72
3.77
3.25
1.56
1.44
1.39
0.99
0.67
0.66
0.77
0.73
0.59
0.6
- -
Basic EPS, GAAP
0.16
0.09
-0.18
-0.17
-0.14
-0.03
-0.39
-0.08
-0.1
0.05
0.45
-0.1
-0.05
- -
Free Cash Flow per Basic Share
0.14
-0.01
0.11
0.01
-0.05
0.04
0.14
0.17
0.08
0.05
-0.03
0.02
0.08
- -
Dividend per Share
0.07
0.06
0.01
- -
- -
0.19
- -
- -
- -
- -
- -
- -
- -
- -
Book Value per Share
1.39
1.38
1.18
0.88
0.98
0.94
0.51
0.47
0.36
0.41
0.87
0.88
0.88
0.88
Tangible Book Value per Share
1.33
1.32
1.08
0.75
0.9
0.87
0.45
0.41
0.31
0.36
0.82
0.83
0.85
0.85
Basic Weighted Avg Shares
1,046
1,046
1,046
1,046
1,046
1,046
1,046
1,046
1,046
1,046
1,046
1,041
1,037
1,037
Sales/Revenue/Turnover
3,892
3,941
3,402
1,635
1,509
1,458
1,035
706
693
805
768
615
621
- -
Operating Margin (%)
6.74
5.86
-3.31
-9.53
-9.04
-7.7
-30.56
-19.17
-14.4
-5.73
-4.15
-14.23
-11.13
- -
Depreciation Expense
120
114
111
103
95
48
247
136
101
74
84
76
65
- -
Net Income, GAAP
172
92
-190
-178
-151
-35
-403
-82
-107
51
473
-107
-47
- -
Effective Tax Rate (%)
23.97
34.48
- -
- -
- -
- -
- -
- -
- -
14.21
1.74
- -
- -
- -
Profit Margin (%)
4.41
2.33
-5.59
-10.88
-9.98
-2.37
-38.94
-11.59
-15.41
6.31
61.64
-17.39
-7.61
- -
Working Capital
979
1,016
771
185
283
75
-300
-186
-185
-145
25
16
84
84
LT Debt
402
433
355
15
15
- -
118
70
36
41
51
34
23
23
Total Equity
1,466
1,454
1,237
926
1,029
992
537
495
385
430
912
919
914
914
Return on Invested Capital (%)
8.65
5.88
- -
- -
- -
- -
- -
- -
- -
3.84
44.83
- -
- -
- -
Return on Capital (%)
7.83
4.07
- -
- -
- -
- -
- -
- -
- -
7.57
47.29
- -
- -
- -
Return on Common Equity (%)
12.03
6.32
-14.2
-16.56
-15.53
-3.45
-53.17
-16.09
-24.66
12.66
71.12
-11.76
-5.19
- -

Capital Structure

HKD

•

in mil. unless spec.
Mar'25
Sep'26
Mar'26
ST Debt
292
293
256
LT Borrowings
- -
- -
- -
LT Finance Leases
34
22
23
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
1,037
1,037
1,037
Market Capitalization
77
77
67

Working Capital

HKD

•

in mil. unless spec.
Mar'25
Sep'26
Mar'26
Total Current Assets
446
470
470
Cash, Cash Equivalents & STI
83
91
139
Accounts Receivable, Net
111
121
106
Inventories
208
210
177
Total Current Liabilities
430
462
387
Payables & Accruals
- -
- -
- -
ST Debt
292
293
256
Deferred Revenue
- -
- -
- -

Growth Rates

HKD

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
3.05%
20.38%
-0.59%
Free Cash Flow
-52.8%
2.02%
411.07%
Net Income, GAAP
142.34%
107.15%
-55.87%
Sales/Revenue/Turnover
-13.31%
-1.86%
0.91%
Total Cash Common Dividend
- -
- -
- -

Semi-annual Revenue

HKD

•

in mil. unless spec.

Year

H1
H2
FY
2024
- -
- -
768
2025
- -
- -
615
2026
- -
- -
621

Semi-annual Earnings Per Share

HKD

•

in mil. unless spec.

Year

H1
H2
FY
2024
- -
- -
0.45
2025
- -
- -
-0.1
2026
- -
- -
-0.05

Semi-annual Dividends Per Share

HKD

•

in mil. unless spec.

Year

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

Company Description

CEO
Chumphol Kanjanapas
Full Time Employees
548
Sector
Distribution services
Industry
Wholesale distributors
Address
Stelux House Hong Kong Hong Kong
IPO Date
Oct 2, 1972
Website
stelux.com
Business
Stelux Holdings International Limited is a Bermuda-incorporated investment holding company principally engaged in the wholesale and retail distribution of watches; it manufactures watch movements for house brands including Solvil et Titus and CYMA; and operates online stores under City Chain and Solvil et Titus. The company distributes prestigious brands such as Seiko, Grand Seiko, Credor, and CYMA; provides watch supply chain management services; and previously offered optical retail through Optical 88, though it has divested such businesses. Founded in 1963 and headquartered at Stelux House in San Po Kong, Kowloon, Hong Kong, Stelux operates primarily in Hong Kong, Macau, Southeast Asia including Singapore, Thailand, and Malaysia, and Europe, targeting premium watch consumers through City Chain retail chain and wholesale channels. In a major strategic shift, Stelux ceased its unprofitable operations in Mainland China in early 2025, closing five retail stores and online platforms that contributed only 3% of revenue amid 22.4% sales decline and keen competition, to focus resources on core markets in Hong Kong, Macau, and Southeast Asia. The company conducted share buyback programs in 2024, repurchasing up to 10% of issued shares under mandates approved in August; reported a reduced net loss for the six months ended September 30, 2025, due to cost controls and 4% same-store sales growth; and anticipates further online expansion while facing challenges including expected fiscal year 2025 losses exceeding HK$100 million.