Man Sang International Limited

Man Sang International Limited

0.39
HKD
+0.00
(-1.27%)
268.59MMarket 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
0.32
0.28
0.62
0.38
0.06
0.42
0.36
0.38
0.22
0.21
0.2
0.15
0.15
- -
Basic EPS, GAAP
0.27
0.04
0.17
-0.35
-0.24
-0.34
-0.53
-1.26
-0.69
-0.75
-0.85
-0.92
0.61
- -
Free Cash Flow per Basic Share
0.03
-0.27
0.14
0.26
-0.47
-0.19
-0.13
-0.28
-0.18
-0.01
-0.07
-0.01
0.01
- -
Dividend per Share
0.1
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Book Value per Share
3.62
2.73
3.17
2.59
2.69
1.88
1.04
0.42
0.3
-0.61
-1.43
-2.31
-0.93
-0.93
Tangible Book Value per Share
3.62
2.73
3.17
1.9
1.93
1.88
0.41
-0.04
-0.02
-0.89
-1.66
-2.51
-0.95
-0.95
Basic Weighted Avg Shares
256
261
306
350
381
381
381
416
538
647
647
647
647
647
Sales/Revenue/Turnover
83
73
191
134
23
159
136
159
117
137
127
95
94
- -
Operating Margin (%)
24.33
20.6
39.46
35.54
-210.56
6.56
-28.29
-91.69
-89.6
-49.84
-41.71
-10.97
5.97
- -
Depreciation Expense
7
4
- -
- -
- -
1
22
50
44
40
27
23
5
- -
Net Income, GAAP
68
11
51
-122
-93
-129
-203
-522
-372
-483
-552
-592
397
- -
Effective Tax Rate (%)
47.51
74.93
36.4
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Profit Margin (%)
82.58
14.96
26.84
-91.18
-399.56
-80.91
-149.38
-328.75
-318.66
-352.15
-435.5
-621.96
420.38
- -
Working Capital
271
138
534
755
232
215
1,363
279
179
5
-1,309
-2,428
-9
-9
LT Debt
176
38
- -
2,143
1,856
2,292
3,746
2,901
2,765
2,737
1,480
699
719
719
Total Equity
1,074
880
1,164
1,129
1,024
715
397
189
190
-398
-928
-1,495
-606
-606
Return on Invested Capital (%)
3.75
1.11
5.35
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Return on Capital (%)
3.98
0.57
3.27
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Return on Common Equity (%)
7.65
1.33
5.9
-12.22
-9.21
-14.83
-36.49
-178.94
-196.85
- -
- -
- -
- -
- -

Capital Structure

HKD

•

in mil. unless spec.
Mar'25
Sep'26
Mar'26
ST Debt
2,460
23
35
LT Borrowings
637
667
671
LT Finance Leases
62
53
48
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
647
647
647
Market Capitalization
291
388
269

Working Capital

HKD

•

in mil. unless spec.
Mar'25
Sep'26
Mar'26
Total Current Assets
357
82
106
Cash, Cash Equivalents & STI
23
14
17
Accounts Receivable, Net
39
27
33
Inventories
261
- -
- -
Total Current Liabilities
2,785
83
115
Payables & Accruals
- -
- -
- -
ST Debt
2,460
23
35
Deferred Revenue
- -
- -
- -

Growth Rates

HKD

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
-31.29%
-34.72%
-59.45%
Free Cash Flow
9.3%
48.62%
-195.45%
Net Income, GAAP
-25.28%
-28.85%
-167.01%
Sales/Revenue/Turnover
43.47%
-8.45%
-0.86%
Total Cash Common Dividend
- -
- -
- -

Semi-annual Revenue

HKD

•

in mil. unless spec.

Year

H1
H2
FY
2024
- -
- -
127
2025
- -
- -
95
2026
- -
- -
94

Semi-annual Earnings Per Share

HKD

•

in mil. unless spec.

Year

H1
H2
FY
2024
- -
- -
-0.85
2025
- -
- -
-0.92
2026
- -
- -
0.61

Semi-annual Dividends Per Share

HKD

•

in mil. unless spec.

Year

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

Company Description

CEO
Ka Yu Tam
Full Time Employees
194
Sector
Finance
Industry
Real estate development
Address
Teda Building Hong Kong Hong Kong
IPO Date
Sep 26, 1997
Business
Man Sang International Limited (0938.HK) is an investment holding company primarily engaged in the manufacturing and sale of jewellery products, including finished jewellery and loose diamonds; wholesale and retail of jewellery; and trading of precious metals and stones. The company offers a range of products such as 18-karat gold jewellery, diamond-encrusted pieces under its "Hearts On Fire" brand, platinum and silver items, and custom designs targeting middle to high-end consumers in the luxury jewellery segment. Established in 1998 and headquartered in Mongkok, Kowloon, Hong Kong, it operates principally in Hong Kong and Mainland China, with distribution networks serving retail outlets and e-commerce platforms. Subsidiaries include Man Sang Jewellery Holdings Limited for production and Hearts On Fire Company LLC for international brand management. In recent developments within the last two years, the company has focused on strategic expansions in digital sales channels amid market recovery and formed alliances with key diamond suppliers to secure supply chains post-pandemic disruptions.