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Sa Sa International Holdings Limited logo

Sa Sa International Holdings Limited

0178.HK

HKSEConsumer CyclicalSpecialty Retail

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Latest quote

HK$0.99

+HK$0.02 · +2.06%

Aug 24, 4:08 PM HKT

0178.HK company overview

Regular session · HKT · Market data may be delayed.

Company profile

Company website

Sa Sa International Holdings Limited, functioning as an investment holding company, is primarily engaged in the retail and wholesale distribution of beauty products across Hong Kong and Macau, mainland China, and Malaysia. The company boasts a comprehensive selection of approximately 600 brands, encompassing skincare, fragrances, makeup, body care, hair care, health and fitness merchandise, alongside modern beauty gadgets. Beyond its primary operations, the firm also handles intellectual property rights, manages property holdings, and supports charitable causes. As of March 31, 2022, Sa Sa operated a total of 234 retail locations. Additionally, it leverages various e-commerce channels for sales, including its proprietary website (sasa.com), a dedicated mobile application, social commerce initiatives, and collaborations with third-party digital platforms. Founded in 1978, the company's headquarters are situated in Chai Wan, Hong Kong.

Industry
Specialty Retail
Sector
Consumer Cyclical
Headquarters
HK
CEO
Siu Ming Kwok
Listed since
Jun 13, 1997
Employees
2,200

Market position

Day range

Current HK$0.99

52-week range

Current HK$0.99

Open
HK$0.98
Previous close
HK$0.97
Volume
8.13M
1.26× average
Average volume
6.46M
Average daily volume
Market cap
3.07B HKD
Beta
0.56
Market reference 1
50-day average
HK$0.9047
+9.43% above average
200-day average
HK$0.7427
+33.29% above average

Financials

Financial snapshot

Latest / TTM

Valuation & yield

P/E (TTM)
15.11×
P/B (TTM)
2.4×
P/S (TTM)
0.7×
Dividend yield
2.88%

Profitability & efficiency

Gross margin
33.47%
Operating margin
5.34%
Net margin
4.57%

Financial health

Debt / equity
0.42×

Financial statements

Margin trends

Profitability as a percentage of reported revenue.

Gross marginOperating marginNet margin
Gross, operating, and net margin trends46%26%5%-15%Gross margin, FY2022: 26.50%Gross margin, FY2023: 30.35%Gross margin, FY2024: 40.83%Gross margin, FY2025: 39.85%Gross margin, FY2026: 28.81%Operating margin, FY2022: -10.17%Operating margin, FY2023: -2.37%Operating margin, FY2024: 6.53%Operating margin, FY2025: 2.70%Operating margin, FY2026: 5.00%Net margin, FY2022: -10.07%Net margin, FY2023: 1.66%Net margin, FY2024: 5.01%Net margin, FY2025: 1.95%Net margin, FY2026: 4.57%FY2022FY2023FY2024FY2025FY2026
Gross margin FY2022 26.50%. Gross margin FY2023 30.35%. Gross margin FY2024 40.83%. Gross margin FY2025 39.85%. Gross margin FY2026 28.81%. Operating margin FY2022 -10.17%. Operating margin FY2023 -2.37%. Operating margin FY2024 6.53%. Operating margin FY2025 2.70%. Operating margin FY2026 5.00%. Net margin FY2022 -10.07%. Net margin FY2023 1.66%. Net margin FY2024 5.01%. Net margin FY2025 1.95%. Net margin FY2026 4.57%.

Income trends

Revenue

4.38B HKD+11.19%

Operating income

219.16M HKD+106.10%

Net income

200.49M HKD+160.47%
Income trends across reported periods4.86B HKD2.96B HKD1.07B HKD−820.15M HKDRevenue, FY2022: 3.41B HKDRevenue, FY2023: 3.5B HKDRevenue, FY2024: 4.37B HKDRevenue, FY2025: 3.94B HKDRevenue, FY2026: 4.38B HKDOperating income, FY2022: −347.17M HKDOperating income, FY2023: −83.08M HKDOperating income, FY2024: 285.13M HKDOperating income, FY2025: 106.33M HKDOperating income, FY2026: 219.16M HKDNet income, FY2022: −343.73M HKDNet income, FY2023: 58.25M HKDNet income, FY2024: 218.88M HKDNet income, FY2025: 76.97M HKDNet income, FY2026: 200.49M HKDFY2022FY2023FY2024FY2025FY2026
Revenue FY2022 3.41B HKD. Revenue FY2023 3.5B HKD. Revenue FY2024 4.37B HKD. Revenue FY2025 3.94B HKD. Revenue FY2026 4.38B HKD. Operating income FY2022 −347.17M HKD. Operating income FY2023 −83.08M HKD. Operating income FY2024 285.13M HKD. Operating income FY2025 106.33M HKD. Operating income FY2026 219.16M HKD. Net income FY2022 −343.73M HKD. Net income FY2023 58.25M HKD. Net income FY2024 218.88M HKD. Net income FY2025 76.97M HKD. Net income FY2026 200.49M HKD.
Metric (HKD)FY2026FY2025FY2024FY2023FY2022
Revenue4.38B HKD3.94B HKD4.37B HKD3.5B HKD3.41B HKD
Cost of goods sold3.12B HKD2.37B HKD2.58B HKD2.44B HKD2.51B HKD
Gross profit1.26B HKD1.57B HKD1.78B HKD1.06B HKD904.48M HKD
Selling, general, and administrative1.04B HKD1.49B HKD1.53B HKD1.47B HKD1.57B HKD
Operating expenses1.04B HKD1.46B HKD1.5B HKD1.15B HKD1.25B HKD
Interest income10.51M HKD14.16M HKD9.01M HKD3.25M HKD3.05M HKD
Interest expense25.46M HKD28.58M HKD27.4M HKD19.1M HKD11.78M HKD
Depreciation and amortization411.89M HKD398.74M HKD376.65M HKD339.1M HKD356.07M HKD
Operating income219.16M HKD106.33M HKD285.13M HKD−83.08M HKD−347.17M HKD
Net income200.49M HKD76.97M HKD218.88M HKD58.25M HKD−343.73M HKD

Company facts updated Aug 24, 2026.

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ETFs holding 0178.HK

Funds reporting this stock among their holdings, ordered by reported position size.

Avantis International Small Cap Value ETF logoAvantis International Small Cap Value ETFAVDV
Market value
837.26K
Weight
—
AUM
20.24B USD
Expense ratio
0.36%
Price / 1D
$111.57-0.34%
Dimensional - International Core Equity 2 ETF logoDimensional - International Core Equity 2 ETFDFIC
Market value
168.01K
Weight
0.00%
AUM
15.43B USD
Expense ratio
0.22%
Price / 1D
$39.2801-0.33%
Dimensional World ex U.S. Core Equity 2 ETF logoDimensional World ex U.S. Core Equity 2 ETFDFAX
Market value
95.26K
Weight
0.00%
AUM
12.57B USD
Expense ratio
0.28%
Price / 1D
$37.925-0.62%
Dimensional - International Small Cap ETF logoDimensional - International Small Cap ETFDFIS
Market value
83.39K
Weight
0.00%
AUM
5.91B USD
Expense ratio
0.39%
Price / 1D
$37.405-0.37%
State Street SPDR S&P International Small Cap ETF logoState Street SPDR S&P International Small Cap ETFGWX
Market value
79.39K
Weight
0.01%
AUM
927.26M USD
Expense ratio
0.40%
Price / 1D
$46.13-0.16%
Dimensional - International Core Equity Market ETF logoDimensional - International Core Equity Market ETFDFAI
Market value
35.63K
Weight
0.00%
AUM
18.23B USD
Expense ratio
0.18%
Price / 1D
$43.235-0.27%
Avantis International Equity ETF logoAvantis International Equity ETFAVDE
Market value
24.29K
Weight
—
AUM
19.1B USD
Expense ratio
0.23%
Price / 1D
$93.945-0.33%
Avantis International Small Cap Equity ETF logoAvantis International Small Cap Equity ETFAVDS
Market value
21.23K
Weight
0.01%
AUM
340.61M USD
Expense ratio
0.30%
Price / 1D
$80.36-0.16%

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