Sang Hing Holdings (International) Ltd. (1472) AI Stock Analysis

• Market Cap: HK$63.00M
• Dividend Yield: N/A
• Average Volume (3M): 141.83K
• Price to Earnings (P/E): ―
• Beta (1Y): 0.39
• Revenue Growth: 71.16%
• EPS Growth: -67.47%
• Country: HK
• Employees: 143
• Sector: Industrials
• Sector Strength: 72
• Industry: Engineering & Construction
• EPS (TTM): -0.01
• Shares Outstanding: 1,000,000,000
• 10 Day Avg. Volume: 111,500
• 30 Day Avg. Volume: 141,833
• PEG Ratio: -0.12
• Price to Book (P/B): 0.15
• Price to Sales (P/S): 0.23
• P/FCF Ratio: -3.63
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 50 Neutral
• Price Target: HK$0.06 ▲(5.00% Upside)

The overall stock score is primarily influenced by mixed financial performance, with strong revenue growth but challenges in profitability and cash flow. Technical analysis shows a positive trend, but valuation is weak due to negative earnings and no dividend yield.

Positive Factors

Revenue Growth

Strong revenue growth indicates expanding market reach and product demand, which can enhance long-term business sustainability and competitiveness.

Low Leverage

Low leverage enhances financial flexibility and reduces risk, allowing the company to invest in growth opportunities without significant debt burden.

Strategic Partnerships

Partnerships can provide competitive advantages by improving supply chain efficiency and expanding market access, supporting long-term growth.

Negative Factors

Profitability Challenges

Ongoing profitability issues can hinder reinvestment in the business and affect long-term financial health, requiring strategic adjustments.

Cash Flow Management

Poor cash flow management can limit the company's ability to fund operations and growth initiatives, impacting long-term sustainability.

Negative Return on Equity

Negative ROE suggests inefficiencies in using shareholder funds, which could deter investors and affect future capital raising efforts.

Sang Hing Holdings (International) Ltd. Business Overview & Revenue Model

Company Description

Sang Hing Holdings (International) Ltd. (1472) is a Hong Kong-based company primarily engaged in the manufacturing and distribution of a diverse range of consumer products, with a particular focus on electronic appliances and household goods. The company operates through various sectors, including the trading of goods, sourcing, and logistics, catering to both domestic and international markets. Sang Hing's core offerings include high-quality electronics, home improvement products, and various general merchandise items, positioning itself as a key player in the retail supply chain.

How the Company Makes Money

Sang Hing Holdings generates revenue through multiple streams, including direct sales of its consumer products to retailers and wholesalers, as well as through e-commerce platforms. The company's revenue model is bolstered by strategic partnerships with manufacturers and suppliers, allowing it to offer competitive pricing and a wide product range. Additionally, the company benefits from its logistics and distribution capabilities, which enhance operational efficiency and reduce costs. Seasonal promotions and marketing strategies also play a vital role in driving sales, particularly during peak shopping periods.

Sang Hing Holdings (International) Ltd. Financial Statement Overview

Summary

Sang Hing Holdings shows revenue growth but struggles with profitability and cash flow management. The balance sheet is strong with low leverage, but negative returns on equity and cash flow issues highlight areas for improvement.

Income Statement

Sang Hing Holdings has experienced significant revenue growth of 40.12% in the latest period, indicating a positive trend. However, the company is struggling with profitability, as evidenced by negative net profit and EBIT margins. The gross profit margin is low, and the company has been unable to maintain consistent profitability over the years.

Balance Sheet

The company maintains a very low debt-to-equity ratio, suggesting conservative leverage and financial stability. However, the return on equity is negative, indicating that the company is not generating sufficient returns on shareholders' equity. The equity ratio is strong, reflecting a solid capital structure.

Cash Flow

Sang Hing Holdings faces challenges with cash flow, as indicated by negative operating cash flow and free cash flow. The free cash flow to net income ratio is positive, suggesting some ability to cover net losses, but overall cash flow management remains a concern.

Breakdown	TTM	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	194.78M	194.78M	116.47M	323.72M	426.96M	390.23M
Gross Profit	3.12M	3.77M	4.17M	4.00M	32.08M	39.42M
EBITDA	-1.35M	-58.00K	-825.00K	-80.00K	23.70M	43.75M
Net Income	-9.10M	-9.10M	-6.36M	-8.40M	11.97M	26.42M
Balance Sheet
Total Assets	331.38M	331.38M	321.94M	359.12M	380.55M	363.63M
Cash, Cash Equivalents and Short-Term Investments	29.22M	29.22M	44.35M	57.26M	61.17M	86.38M
Total Debt	561.00K	561.00K	1.23M	2.21M	950.00K	587.00K
Total Liabilities	37.45M	37.45M	18.91M	49.74M	62.77M	57.83M
Stockholders Equity	293.93M	293.93M	303.03M	309.38M	317.78M	305.81M
Cash Flow
Free Cash Flow	-12.40M	-12.40M	-13.12M	-4.71M	-51.84M	-82.80M
Operating Cash Flow	-5.07M	-5.07M	-13.11M	190.00K	-48.85M	-37.02M
Investing Cash Flow	-7.28M	-7.12M	1.67M	211.00K	28.37M	-49.13M
Financing Cash Flow	-1.08M	-1.38M	-1.44M	-1.15M	-981.00K	-11.16M

Sang Hing Holdings (International) Ltd. Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 0.06
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Positive
• MACD: Negative
• RSI: Neutral
• STOCH: Positive

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For HK:1472, the sentiment is Negative. The current price of 0.06 is below the 20-day moving average (MA) of 0.06, below the 50-day MA of 0.06, and above the 200-day MA of 0.06, indicating a neutral trend. The MACD of >-0.01 indicates Negative momentum. The RSI at 39.50 is Neutral, neither overbought nor oversold. The STOCH value of -100.00 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for HK:1472.

Sang Hing Holdings (International) Ltd. Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
Sector *	63 Neutral	$10.79B	15.43	7.44%	2.01%	2.89%	-14.66%
3789	54 Neutral	HK$114.00M	190.00	0.18%	―	-2.05%	―
1630	52 Neutral	HK$64.50M	-3.55	-14.78%	―	-28.21%	34.59%
1472	50 Neutral	HK$63.00M	―	-4.84%	―	71.16%	-67.47%
1557	46 Neutral	HK$172.80M	―	―	―	-52.58%	69.44%
1826	44 Neutral	HK$75.92M	-142.50	―	―	11.52%	98.72%
2195	43 Neutral	HK$55.68M	-2.09	-19.00%	―	48.86%	54.49%

Sang Hing Holdings (International) Ltd. Corporate Events

Sang Hing Holdings Reports Revenue Growth Amid Rising Losses

Sang Hing Holdings (International) Limited announced its unaudited interim results for the six months ended 30 September 2025, reporting a significant increase in revenue by 48.1% compared to the same period in 2024. Despite the revenue growth, the company experienced a substantial increase in losses, with a 53.9% rise in loss attributable to owners, indicating challenges in managing costs and operational efficiency.

Sang Hing Holdings Issues Profit Warning Amid Rising Costs

Sang Hing Holdings (International) Limited has issued a profit warning, indicating an expected net loss of not more than HK$14 million for the six months ended 30 September 2025. This represents a 55% increase in net loss compared to the same period in 2024, primarily due to higher staff costs and additional expenses related to project bidding. The company is still finalizing its interim results, which are expected to be published on 27 November 2025. Stakeholders are advised to exercise caution when dealing with the company’s shares.

Sang Hing Holdings Announces Board Meeting to Review Interim Results

Sang Hing Holdings (International) Limited has announced a board meeting scheduled for November 27, 2025. The meeting will address the approval of the company’s unaudited interim results for the six months ending September 30, 2025, and the potential declaration of an interim dividend. This meeting is crucial for stakeholders as it will provide insights into the company’s financial performance and potential returns.

Sang Hing Holdings Clarifies Beneficial Ownership in Recent Transactions

Sang Hing Holdings (International) Limited has announced additional information regarding its discloseable transactions related to the acquisition of machinery and finance lease agreements. The company has provided details about the ultimate beneficial owners of Vendor A, Vendor B, and Orix, all of which are independent third parties. This supplemental announcement ensures transparency and provides shareholders and potential investors with a clearer understanding of the involved entities.

Sang Hing Holdings Expands Machinery Portfolio with Strategic Acquisitions

Sang Hing Holdings (International) Ltd. has announced discloseable transactions involving the acquisition and finance lease agreements for Epiroc and Sumitomo machinery. These transactions, valued at HK$6,450,000 and HK$6,200,000 respectively, involve finance lease agreements with Orix, allowing the machinery to be leased back to SHCC for 36 months with an option to repurchase at a nominal fee. These strategic acquisitions and leasing agreements aim to bolster the company’s operational capabilities and market competitiveness.