1. South Africa Stocks

  2. •

    Producer manufacturing

  3. •

    Electrical products
South Ocean Holdings Limited

South Ocean Holdings Limited

JJSE:SOH
110.00
ZAC
0.00
(0.00%)
20.33BMarket 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
10.81
10.97
10.6
9.17
9.12
9.2
7.66
8.57
9.85
9.21
11.63
12.63
12.31
- -
Basic EPS, GAAP
-0.78
0.24
-0.09
-0.25
-0.37
-0.02
-0.08
0.13
0.37
0.22
0.44
0.17
-0.08
- -
Free Cash Flow per Basic Share
-0.06
-0.04
0.33
-0.44
0.72
-0.01
-0.28
-0.24
0.61
0.09
-0.31
0.04
-0.6
- -
Dividend per Share
- -
- -
- -
- -
- -
- -
- -
- -
0.03
0.09
0.06
0.11
0.05
- -
Book Value per Share
3.48
3.72
3.64
3.39
3.02
2.4
2.32
2.45
2.79
2.93
3.3
3.49
3.5
3.58
Tangible Book Value per Share
3.41
3.66
3.59
3.34
3.02
2.4
2.32
2.45
2.79
2.93
3.3
3.49
3.5
3.58
Basic Weighted Avg Shares
156
156
156
156
156
188
203
203
203
203
203
203
203
203
Sales/Revenue/Turnover
1,691
1,715
1,657
1,434
1,426
1,728
1,557
1,743
2,002
1,873
2,364
2,568
2,502
- -
Operating Margin (%)
-5.56
4.51
-0.24
-1.95
1.08
3.37
-0.92
1.98
5.26
2.11
4.99
2.3
-0.57
- -
Depreciation Expense
21
18
20
18
17
26
15
20
24
20
36
38
39
- -
Net Income, GAAP
-121
38
-14
-39
-57
-4
-16
27
75
45
89
34
-15
- -
Effective Tax Rate (%)
- -
36.09
- -
- -
- -
35.7
- -
24.83
29.24
22.73
26.61
25.22
- -
- -
Profit Margin (%)
-7.18
2.19
-0.84
-2.73
-4.02
-0.21
-1.02
1.55
3.75
2.4
3.75
1.32
-0.61
- -
Working Capital
327
373
339
298
259
371
312
328
435
394
482
534
463
505
LT Debt
42
80
64
52
50
36
39
34
38
27
134
183
153
113
Total Equity
544
582
570
530
472
489
471
498
567
594
670
682
655
666
Return on Invested Capital (%)
- -
6.3
- -
- -
- -
6.73
- -
5.16
13.53
7.45
14.23
6.87
- -
- -
Return on Capital (%)
- -
6.41
- -
- -
- -
1.8
- -
6.14
13.53
7.64
14.27
6.99
- -
- -
Return on Common Equity (%)
-20.09
6.66
-2.42
-7.12
-11.45
-0.76
-3.3
5.56
14.09
7.73
14
4.91
-2.15
- -

Capital Structure

ZAR

•

in mil. unless spec.
Jun'25
Dec'25
Jun'26
ST Debt
220
90
300
LT Borrowings
112
107
103
LT Finance Leases
64
47
10
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
203
203
203
Market Capitalization
305
252
203

Working Capital

ZAR

•

in mil. unless spec.
Jun'25
Dec'25
Jun'26
Total Current Assets
1,008
1,060
1,315
Cash, Cash Equivalents & STI
- -
12
- -
Accounts Receivable, Net
393
257
512
Inventories
611
759
794
Total Current Liabilities
523
597
810
Payables & Accruals
- -
- -
- -
ST Debt
220
90
300
Deferred Revenue
- -
- -
- -

Growth Rates

ZAR

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
1.7%
5.85%
-3.89%
Free Cash Flow
36.53%
-547.69%
-1,753.12%
Net Income, GAAP
22.6%
5.77%
-145.08%
Sales/Revenue/Turnover
4.99%
8.14%
-2.56%
Total Cash Common Dividend
- -
- -
-50%

Semi-annual Revenue

ZAR

•

in mil. unless spec.

Year

H1
H2
FY
2024
- -
- -
2,568
2025
- -
- -
2,502
2026
- -
- -
- -

Semi-annual Earnings Per Share

ZAR

•

in mil. unless spec.

Year

H1
H2
FY
2024
- -
- -
0.17
2025
- -
- -
-0.08
2026
- -
- -
- -

Semi-annual Dividends Per Share

ZAR

•

in mil. unless spec.

Year

H1
H2
FY
2024
- -
- -
0.11
2025
- -
- -
0.05
2026
- -
- -
- -

Company Description

Company Profile APIChatGPT
CEO
Andre Smith
Full Time Employees
420
Sector
Producer manufacturing
Industry
Electrical products
Address
16 Botha Street Alrode GT South Africa 1451
IPO Date
Feb 28, 2007
Website
southoceanholdings.co.za
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Business
South Ocean Holdings Limited South Ocean Holdings Limited (SOH.JO) is a South Africa-based investment holding company listed on the Johannesburg Stock Exchange since February 2007 and headquartered at 12 Botha Street, Alrode, Gauteng; the Group primarily manufactures and distributes low-voltage electrical cables and related products through its key operating subsidiaries, including South Ocean Electric Wire Company Proprietary Limited (SOEW), a producer of general-purpose insulated wire, flexible conductors, steel wire armoured cables, flat-twin and earth cables, aluminium conductor steel reinforced (ACSR) cables, aerial bundle conductors (ABC), and surface wire manufactured at its Alrode facility in compliance with SANS standards and ISO 9001; Icembu Cables Proprietary Limited and Icembu Services Proprietary Limited, which focus on electrical wire production and conduit and compounding materials respectively; and Anchor Park Investments 48 Proprietary Limited, a property investment entity. SOEW and its affiliates supply electrical wholesalers and distributors serving the building, construction, mining, and retail sectors primarily across South Africa, with distribution via an owned fleet of trucks; the Group also operates SOH Calibre International Limited for foreign procurement and maintains dormant entities such as Icembu Holdings Proprietary Limited and South Ocean Electric Wire Company Namibia Proprietary Limited. In recent developments, the Group disposed of investments in Global Cables entities across various South African locations and Niehoff Electrical Warehouse Proprietary Limited during 2024, while acquiring stakes in Consupro Proprietary Limited, Powerhouse Reman Mozambique, NC Dynamic Desert Energy, and Green Energy SOEW Proprietary Limited to expand electrical wire and cable retail outlets; BDO South Africa Inc. replaced PricewaterhouseCoopers Inc. as independent auditors for the year ended December 31, 2024, with Ms. S. Kock as designated auditor; board changes included the appointment of MM Hohman as non-executive director effective March 10, 2025, resignation of KH Pon on March 19, 2025, and JH Yeh replacing M Chong on the Audit and Risk Management Committee as of July 31, 2024.