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S.A.S. Dragon Holdings Limited (1184) AI Stock Analysis
S.A.S. Dragon Holdings Limited
(HKEX:1184)
The overall score reflects a combination of robust revenue growth and strong ROE, supported by an attractive valuation and a clear price uptrend, while being tempered by margin compression, rising leverage, and weakening cash flow coverage that introduce moderate financial and cash-management risk.
S.A.S. Dragon Holdings Limited (1184) vs. iShares MSCI Hong Kong ETF (EWH)
- Market Cap
- HKD 4.45B
- Dividend Yield
- 9.14%
- Average Volume (3M)
- 98.53K
- Price to Earnings (P/E)
- 4.0
- Beta (1Y)
- 0.34
- Revenue Growth
- 91.88%
- EPS Growth
- 154.47%
- Country
- Hong Kong
- Employees
- 500
- Sector
- Technology
- Sector Strength
- 61
- Industry
- Technology Distributors
S.A.S. Dragon Holdings Limited Business Overview & Revenue Model
Company Description
Founded in 1981 and headquartered in Kwai Chung, Hong Kong, S.A.S. Dragon Holdings Limited operates as an investment holding company with a primary focus on the global distribution of electronic components and semiconductor products. Its extensive op...
S.A.S. Dragon Holdings Limited Financial Statement Overview
Summary
Strong revenue growth and consistently high ROE are offset by shrinking margins, higher leverage, and weaker operating cash flow coverage, leaving overall financial strength solid but with notable balance-sheet and cash-flow risks.
Income Statement
72PositiveBalance Sheet
68PositiveCash Flow
55Neutral| Breakdown | TTM | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 51.25B | 30.54B | 27.76B | 22.37B | 24.97B | 35.30B |
| Gross Profit | 2.40B | 1.33B | 1.43B | 1.32B | 1.29B | 1.59B |
| EBITDA | 1.93B | 902.28M | 909.90M | 847.44M | 804.71M | 1.21B |
| Net Income | 1.11B | 556.72M | 501.24M | 403.80M | 400.34M | 713.19M |
Balance Sheet | ||||||
| Total Assets | 16.13B | 10.90B | 10.25B | 7.83B | 8.14B | 9.33B |
| Cash, Cash Equivalents and Short-Term Investments | 2.28B | 3.91B | 3.05B | 1.67B | 1.54B | 1.89B |
| Total Debt | 5.52B | 2.68B | 2.39B | 1.06B | 1.60B | 2.52B |
| Total Liabilities | 11.68B | 7.34B | 7.16B | 5.00B | 5.13B | 6.49B |
| Stockholders Equity | 3.84B | 3.18B | 2.86B | 2.64B | 2.46B | 2.39B |
Cash Flow | ||||||
| Free Cash Flow | -4.88B | 795.84M | 549.33M | 1.03B | 938.10M | 363.46M |
| Operating Cash Flow | -4.86B | 809.80M | 552.81M | 1.04B | 954.23M | 373.96M |
| Investing Cash Flow | 57.08M | 106.56M | 12.91M | 38.22M | -5.80M | 17.83M |
| Financing Cash Flow | 2.46B | -79.77M | 781.74M | -928.46M | -1.29B | 223.90M |
S.A.S. Dragon Holdings Limited Technical Analysis
Price Trends
Market Momentum
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For HK:1184, the sentiment is Negative. The current price of 7.12 is below the 20-day moving average (MA) of 7.44, below the 50-day MA of 7.95, and above the 200-day MA of 6.09, indicating a neutral trend. The MACD of -0.25 indicates Positive momentum. The RSI at 41.21 is Neutral, neither overbought nor oversold. The STOCH value of 85.69 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for HK:1184.
S.A.S. Dragon Holdings Limited Peers Comparison
Overall Rating
HK:085673Outperform
HK:118472.7Outperform
HK:059569Neutral
HK:399161Neutral
HK:052957Neutral
HK:040047Neutral
Financial Indicators
| Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
| 73Outperform | HKD 11.05B | 6.47 | 16.01% | 5.38% | 10.80% | 37.32% | |
| 73Outperform | HKD 4.57B | 4.02 | 31.47% | 9.14% | 91.88% | 154.47% | |
| 69Neutral | HKD 1.07B | 4.74 | 12.36% | 1.63% | 12.17% | 331.64% | |
| Sector * | 61Neutral | $37.18B | 12.37 | -10.20% | 1.83% | 8.50% | -7.62% |
| 61Neutral | HKD 1.44B | 3.38 | 11.99% | 8.93% | 20.47% | 7.47% | |
| 57Neutral | HKD 465.59M | 9.59 | 1.66% | 1.16% | 6.08% | -86.65% | |
| 47Neutral | HKD 5.35B | 13.63 | 8.41% | ― | 81.43% | 65.90% |
* Technology Sector Average
Performance Comparison
| Show on chart | Ticker | Company Name | Price | Change | % Change |
|---|---|---|---|---|---|
| HK:1184 | S.A.S. Dragon Holdings Limited | 7.12 | 2.84 | 66.39% | |
| HK:0529 | SiS International Holdings | 1.79 | -0.18 | -8.98% | |
| HK:0856 | VSTECS Holdings Limited | 7.76 | -1.13 | -12.66% | |
| HK:0400 | Cogobuy Group | 3.38 | 0.63 | 22.91% | |
| HK:0595 | AV Concept Holdings Limited | 1.23 | 0.83 | 207.79% | |
| HK:3991 | Changhong Jiahua Holdings Ltd. | 0.56 | -0.58 | -50.88% |
S.A.S. Dragon Holdings Limited Corporate Events
S.A.S. Dragon Delays Circular on Hon Hai Connected Transactions
S.A.S. Dragon Holdings Limited has announced a further delay in sending a shareholder circular related to revising annual caps and renewing continuing connected transactions under a conditional master agreement with the Hon Hai Group for the financia...
S.A.S. Dragon Delays Circular on Renewal of Hon Hai Connected Transactions
S.A.S. Dragon Holdings Limited has announced a delay in sending a shareholder circular related to the revision of annual caps and the renewal of continuing connected transactions with the Hon Hai Group for the financial years ending 31 December 2026,...
S.A.S. Dragon Seeks Higher Caps and Extends Hon Hai Deal Amid Growth
S.A.S. Dragon Holdings Limited has announced plans to revise the annual caps on transaction amounts under its 2024 Conditional Master Agreement with Hon Hai Group, reflecting business expansion and stronger market demand for its electronic components...
S.A.S. Dragon Delivers Strong Interim Earnings and Boosts Dividend
S.A.S. Dragon Holdings Limited reported a sharp surge in interim revenue and profit for the six months ended 30 June 2026, with sales climbing 164.5% year on year to HK$33.3 billion and profit attributable to shareholders jumping 208.3% to HK$812.4 m...
S.A.S. Dragon Declares HKD 0.4 Interim Dividend for First Half of 2026
S.A.S. Dragon Holdings Limited has declared an interim ordinary cash dividend of HKD 0.4 per share for the six months ended 30 June 2026, relating to its financial year ending 31 December 2026. The distribution underscores the company’s ongoing...
S.A.S. Dragon Sets Board Meeting to Approve 2026 Interim Results and Consider Dividend
S.A.S. Dragon Holdings Limited has scheduled a board meeting for 20 August 2026 to review and approve the unaudited interim results for the six months ended 30 June 2026, covering the performance of the company and its subsidiaries. At the same meeti...
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.
Date of analysis: Aug 22, 2026