Lai Sun Garment (International) Limited logo

Lai Sun Garment (International) Limited

0191.HK

HKSEIndustrialsConglomerates

Latest quote

HK$0.48

−HK$0.02 · -4.00%

Aug 24, 4:08 PM HKT

0191.HK company overview

Regular session · HKT · Market data may be delayed.

Company profile

Company website

Headquartered in Central, Hong Kong, and established in 1947, Lai Sun Garment (International) Limited operates as a global investment holding company with a diverse portfolio. Its primary focus lies in property, encompassing the development, sale, and investment in various types of real estate—commercial, retail, office, industrial, residential, and hospitality—across key markets including Hong Kong, the United Kingdom, Vietnam, Mainland China, Macau, and other international regions. Beyond its substantial real estate presence, the company holds significant interests in the hospitality sector, managing and operating hotels and restaurants. Its expansive media and entertainment division covers a wide array of activities, from the investment, production, licensing, and distribution of television programs, films, and video content, to the operation of cinemas, theme parks, and music production. Lai Sun further diversifies its business by offering a comprehensive suite of services. These include property management, real estate agency, hotel and restaurant consultancy, building services, luxury yacht brokerage and management, financial and treasury services, and artiste management. The company also engages in specialized retail, such as golf apparel sales, trades in gaming products, distributes albums and beverages, and provides unique services like central kitchen operations, video duplication, and television program translation and subtitling.

Industry
Conglomerates
Sector
Industrials
Headquarters
HK
CEO
Kin Ngok Lam
Listed since
Dec 3, 1987
Employees
3,600

Market position

Day range

Current HK$0.48

52-week range

Current HK$0.48

Open
HK$0.49
Previous close
HK$0.50
Volume
345K
3.26× average
Average volume
105.78K
Average daily volume
Market cap
424.02M HKD
Beta
0.06
Market reference 1
50-day average
HK$0.611
-21.44% below average
200-day average
HK$0.6638
-27.69% below average

Financials

Financial snapshot

Latest / TTM

Valuation & yield

Enterprise value
24.57B HKD
EV / EBITDA
-16.09×
Earnings yield
-338.72%
Free cash flow yield
39.68%

Profitability & efficiency

Return on equity
-11.65%
Return on assets
-2.50%
Return on invested capital
-1.41%

Financial health

Current ratio
0.72×
Altman Z-score
0.16
Piotroski F-score
4 of 9

Financial statements

Margin trends

Profitability as a percentage of reported revenue.

Gross marginOperating marginNet margin
Gross, operating, and net margin trends32%8%-17%-42%Gross margin, FY2021: 12.35%Gross margin, FY2022: 19.20%Gross margin, FY2023: 7.35%Gross margin, FY2024: 26.31%Gross margin, FY2025: 21.34%Operating margin, FY2021: -13.08%Operating margin, FY2022: -8.97%Operating margin, FY2023: -23.23%Operating margin, FY2024: -27.37%Operating margin, FY2025: -17.94%Net margin, FY2021: -20.10%Net margin, FY2022: -21.98%Net margin, FY2023: -31.36%Net margin, FY2024: -35.56%Net margin, FY2025: -33.54%FY2021FY2022FY2023FY2024FY2025
Gross margin FY2021 12.35%. Gross margin FY2022 19.20%. Gross margin FY2023 7.35%. Gross margin FY2024 26.31%. Gross margin FY2025 21.34%. Operating margin FY2021 -13.08%. Operating margin FY2022 -8.97%. Operating margin FY2023 -23.23%. Operating margin FY2024 -27.37%. Operating margin FY2025 -17.94%. Net margin FY2021 -20.10%. Net margin FY2022 -21.98%. Net margin FY2023 -31.36%. Net margin FY2024 -35.56%. Net margin FY2025 -33.54%.

Income trends

Revenue

5B HKD-18.05%

Operating income

−896.16M HKD+46.29%

Net income

−1.68B HKD+22.71%
Income trends across reported periods7.16B HKD3.77B HKD375.43M HKD−3.02B HKDRevenue, FY2021: 6.31B HKDRevenue, FY2022: 5.44B HKDRevenue, FY2023: 5.31B HKDRevenue, FY2024: 6.1B HKDRevenue, FY2025: 5B HKDOperating income, FY2021: −825.4M HKDOperating income, FY2022: −487.94M HKDOperating income, FY2023: −1.23B HKDOperating income, FY2024: −1.67B HKDOperating income, FY2025: −896.16M HKDNet income, FY2021: −1.27B HKDNet income, FY2022: −1.2B HKDNet income, FY2023: −1.67B HKDNet income, FY2024: −2.17B HKDNet income, FY2025: −1.68B HKDFY2021FY2022FY2023FY2024FY2025
Revenue FY2021 6.31B HKD. Revenue FY2022 5.44B HKD. Revenue FY2023 5.31B HKD. Revenue FY2024 6.1B HKD. Revenue FY2025 5B HKD. Operating income FY2021 −825.4M HKD. Operating income FY2022 −487.94M HKD. Operating income FY2023 −1.23B HKD. Operating income FY2024 −1.67B HKD. Operating income FY2025 −896.16M HKD. Net income FY2021 −1.27B HKD. Net income FY2022 −1.2B HKD. Net income FY2023 −1.67B HKD. Net income FY2024 −2.17B HKD. Net income FY2025 −1.68B HKD.
Metric (HKD)FY2025FY2024FY2023FY2022FY2021
Revenue5B HKD6.1B HKD5.31B HKD5.44B HKD6.31B HKD
Cost of goods sold3.93B HKD4.49B HKD4.92B HKD4.4B HKD5.53B HKD
Gross profit1.07B HKD1.6B HKD390.51M HKD1.05B HKD779.29M HKD
Selling, general, and administrative988.65M HKD1.12B HKD1.2B HKD1.16B HKD1.19B HKD
Operating expenses1.96B HKD3.27B HKD1.62B HKD1.53B HKD1.6B HKD
Interest income170.54M HKD93.78M HKD853.18M HKD635.58M HKD576.78M HKD
Interest expense1.06B HKD1.28B HKD1.63B HKD1.23B HKD990.37M HKD
Depreciation and amortization596.3M HKD807.01M HKD832.48M HKD917.29M HKD1.12B HKD
Operating income−896.16M HKD−1.67B HKD−1.23B HKD−487.94M HKD−825.4M HKD
Net income−1.68B HKD−2.17B HKD−1.67B HKD−1.2B HKD−1.27B HKD

Company facts updated Aug 24, 2026.

Earnings

Latest EPS result
-0.14

EPS: actual versus estimate

Recent quarterly results

ActualEstimate
Estimates unavailable
Quarterly EPS actual values compared with estimates-0.12-0.58-1.04-1.51Q3 '21Q1 '22Q4 '22Q1 '23Q4 '23Q1 '24Q4 '24Q1 '25
Q3 2021, reported Jul 31, 2021: actual -0.758, estimate —, surprise —, Comparison unavailable. Q1 2022, reported Jan 31, 2022: actual -0.522, estimate —, surprise —, Comparison unavailable. Q4 2022, reported Oct 21, 2022: actual -1.4, estimate —, surprise —, Comparison unavailable. Q1 2023, reported Mar 25, 2023: actual -1.24, estimate —, surprise —, Comparison unavailable. Q4 2023, reported Oct 21, 2023: actual -0.959, estimate —, surprise —, Comparison unavailable. Q1 2024, reported Mar 23, 2024: actual -1.26, estimate —, surprise —, Comparison unavailable. Q4 2024, reported Oct 21, 2024: actual -1.19, estimate —, surprise —, Comparison unavailable. Q1 2025, reported Mar 18, 2025: actual -0.14, estimate —, surprise —, Comparison unavailable.

Revenue: actual versus estimate

Recent quarterly results

ActualEstimate
Estimates unavailable
Quarterly Revenue actual values compared with estimates3.6B3.23B2.85B2.48BQ3 '21Q1 '22Q4 '22Q1 '23Q4 '23Q1 '24Q4 '24Q1 '25
Q3 2021, reported Jul 31, 2021: actual 3.46B HKD, estimate —, surprise —, Comparison unavailable. Q1 2022, reported Jan 31, 2022: actual 2.92B HKD, estimate —, surprise —, Comparison unavailable. Q4 2022, reported Oct 21, 2022: actual 2.65B HKD, estimate —, surprise —, Comparison unavailable. Q1 2023, reported Mar 25, 2023: actual 2.69B HKD, estimate —, surprise —, Comparison unavailable. Q4 2023, reported Oct 21, 2023: actual 2.64B HKD, estimate —, surprise —, Comparison unavailable. Q1 2024, reported Mar 23, 2024: actual 3.09B HKD, estimate —, surprise —, Comparison unavailable. Q4 2024, reported Oct 21, 2024: actual 3.3B HKD, estimate —, surprise —, Comparison unavailable. Q1 2025, reported Mar 18, 2025: actual 2.62B HKD, estimate —, surprise —, Comparison unavailable.

Corporate actions

Annual dividends per share

Cash distributions grouped by calendar year; partial years are marked.

HK$0.1101

2019 complete year+169.1% since 2015

Corporate action history

Dividend

Ex-dividend Dec 27, 2019

HK$0.074

Annual

Record Jan 2, 2020 · Payment Feb 13, 2020

Dividend

Ex-dividend Dec 27, 2019

HK$0.055

Annual

Record Dec 30, 2019 · Payment Feb 13, 2020

Dividend

Ex-dividend Dec 28, 2018

HK$0.074

Annual

Record Jan 2, 2019 · Payment Feb 13, 2019

Dividend

Ex-dividend Dec 28, 2018

HK$0.055

Annual

Record Jan 2, 2019 · Payment Feb 13, 2019

Dividend

Ex-dividend Dec 19, 2017

HK$0.0509

Annual

Record Dec 20, 2017 · Payment Jan 30, 2018

Dividend

Ex-dividend Dec 20, 2016

HK$0.009

Annual

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