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

• Market Cap: HK$67.00M
• Dividend Yield: N/A
• Average Volume (3M): 108.00K
• Price to Earnings (P/E): ―
• Beta (1Y): 0.41
• Revenue Growth: 67.24%
• EPS Growth: -42.19%
• Country: HK
• Employees: 143
• Sector: Industrials
• Sector Strength: 72
• Industry: Engineering & Construction
• EPS (TTM): 0.00
• Shares Outstanding: 1,000,000,000
• 10 Day Avg. Volume: 177,000
• 30 Day Avg. Volume: 108,000
• 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$0.00 ▼(-100.00% Downside)

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.

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

Company Description

Sang Hing Holdings (International) Limited, an investment holding company, provides civil and engineering, and related services in Hong Kong. It also undertakes site formation, road and bridge construction, drainage and sewerage construction, water main installation, and slope works. The company was founded in 1990 and is headquartered in Tuen Mun, Hong Kong.

How the Company Makes Money

Sang Hing Holdings generates revenue primarily through the sale of its packaging products to manufacturers and retailers across different sectors. The company's revenue model is built on both direct sales and long-term contracts with key clients, allowing it to secure consistent orders and build lasting relationships. Key revenue streams include the sale of custom-designed packaging solutions and standard packaging items, which are priced based on material costs, production complexity, and market demand. Additionally, the company may benefit from strategic partnerships with suppliers and distributors that enhance its market reach and operational capabilities, contributing to its overall earnings.

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	139.01M	194.78M	116.47M	323.72M	426.96M	390.23M
Gross Profit	5.45M	3.77M	4.17M	4.00M	32.08M	39.42M
EBITDA	-961.00K	-58.00K	-825.00K	-80.00K	23.70M	43.75M
Net Income	-8.34M	-9.10M	-6.36M	-8.40M	11.97M	26.42M
Balance Sheet
Total Assets	320.36M	331.38M	321.94M	359.12M	380.55M	363.63M
Cash, Cash Equivalents and Short-Term Investments	25.41M	29.22M	44.35M	57.26M	61.17M	86.38M
Total Debt	896.00K	561.00K	1.23M	2.21M	950.00K	587.00K
Total Liabilities	26.24M	37.45M	18.91M	49.74M	62.77M	57.83M
Stockholders Equity	294.13M	293.93M	303.03M	309.38M	317.78M	305.81M
Cash Flow
Free Cash Flow	-15.46M	-12.40M	-13.12M	-4.71M	-51.84M	-82.80M
Operating Cash Flow	-9.55M	-5.07M	-13.11M	190.00K	-48.85M	-37.02M
Investing Cash Flow	-5.86M	-7.12M	1.67M	211.00K	28.37M	-49.13M
Financing Cash Flow	-1.29M	-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: Positive
• RSI: Neutral
• STOCH: Neutral

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 0.07, below the 50-day MA of 0.07, and above the 200-day MA of 0.06, indicating a neutral trend. The MACD of >-0.01 indicates Positive momentum. The RSI at 39.50 is Neutral, neither overbought nor oversold. The STOCH value of 28.03 is Neutral, 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%
1472	50 Neutral	HK$67.00M	―	-3.05%	―	67.24%	-42.19%
3789	46 Neutral	HK$70.80M	-11.80	-1.93%	―	-6.72%	-161.73%
1630	45 Neutral	HK$64.50M	-6.83	-8.05%	―	-29.39%	78.42%
1557	43 Neutral	HK$95.52M	―	―	―	-26.03%	1.48%
1826	40 Underperform	HK$75.92M	-142.50	―	―	11.52%	98.72%
2195	38 Underperform	HK$55.68M	-2.09	-19.00%	―	48.86%	54.49%

Sang Hing Holdings (International) Ltd. Corporate Events

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.

Sang Hing Holdings Announces Unanimous Approval of AGM Resolutions

Sang Hing Holdings (International) Limited announced the successful passing of all proposed resolutions at their Annual General Meeting held on September 4, 2025. The resolutions included the approval of audited financial statements, reappointment of the company’s auditor, re-election of directors, and granting of mandates to issue and repurchase shares, all of which were unanimously supported by shareholders.

Sang Hing Holdings Announces Annual General Meeting and Key Resolutions

Sang Hing Holdings (International) Limited has announced its annual general meeting scheduled for September 4, 2025, in Hong Kong. Key agenda items include the consideration of the company’s audited financial statements, reappointment of its auditor, re-election of directors, and granting the board authority to issue new shares, which could impact the company’s market positioning and shareholder value.