Suga International Holdings Limited logo

Suga International Holdings Limited

0912.HK

HKSETechnologyConsumer Electronics

Latest quote

HK$1.04

−HK$0.035 · -3.26%

Aug 24, 10:36 AM HKT

0912.HK company overview

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Company profile

Company website

Suga International Holdings Limited functions as an investment holding company, primarily focused on the research, development, manufacturing, and distribution of electronic goods and pet-related items. Its operations are divided into two main areas: Electronic Products and Pet-related Products. The Electronic Products division offers a broad array of items, including professional audio equipment, specialized communication devices for individuals with hearing impairments, various household consumer appliances, and telecommunications apparatus. It also provides sophisticated IoT-based solutions, such as asset tracking systems and custom-developed hardware, software, and mobile applications. Furthermore, this segment delivers smart payment technologies, management and application software, digital audio/video solutions, wireless (Wi-Fi and RF) technologies, smart card and Near Field Communication (NFC) products, and environmental monitoring systems. Beyond products, the company offers electronics manufacturing, original design manufacturing (ODM), and plastic injection molding services. The Pet-related Products segment is responsible for the import and sale of pet food and other animal care products, sold under the company's brands, Brabanconne and TeenyTiny. Additionally, Suga International engages in property investments and provides consulting services. Founded in 1991 and headquartered in Kowloon Bay, Hong Kong, the company maintains a global footprint, conducting business in countries including the United States, Japan, the People's Republic of China, the United Kingdom, France, Australia, and Germany, among other international markets.

Industry
Consumer Electronics
Sector
Technology
Headquarters
HK
CEO
Man Cheuk Ng
Listed since
Sep 18, 2002
Employees
2,377

Market position

Day range

Current HK$1.04

52-week range

Current HK$1.04

Open
HK$1.065
Previous close
HK$1.075
Volume
102K
1.45× average
Average volume
70.29K
Average daily volume
Market cap
296.18M HKD
Beta
0.5
Market reference 1
50-day average
HK$1.0922
-4.78% below average
200-day average
HK$1.0889
-4.49% below average

Financials

Financial snapshot

Latest / TTM

Valuation & yield

P/E (TTM)
7.32×
P/B (TTM)
0.36×
P/S (TTM)
0.17×
Dividend yield
9.62%

Profitability & efficiency

Gross margin
14.54%
Operating margin
4.05%
Net margin
2.32%

Financial health

Debt / equity
0.01×
Altman Z-score
4.24
Piotroski F-score
7 of 9

Financial statements

Margin trends

Profitability as a percentage of reported revenue.

Gross marginOperating marginNet margin
Gross, operating, and net margin trends16%11%6%0%Gross margin, FY2021: 12.57%Gross margin, FY2022: 12.52%Gross margin, FY2023: 14.52%Gross margin, FY2024: 13.89%Gross margin, FY2025: 14.54%Operating margin, FY2021: 3.48%Operating margin, FY2022: 1.67%Operating margin, FY2023: 3.21%Operating margin, FY2024: 2.66%Operating margin, FY2025: 4.06%Net margin, FY2021: 3.04%Net margin, FY2022: 4.14%Net margin, FY2023: 2.29%Net margin, FY2024: 2.48%Net margin, FY2025: 2.32%FY2021FY2022FY2023FY2024FY2025
Gross margin FY2021 12.57%. Gross margin FY2022 12.52%. Gross margin FY2023 14.52%. Gross margin FY2024 13.89%. Gross margin FY2025 14.54%. Operating margin FY2021 3.48%. Operating margin FY2022 1.67%. Operating margin FY2023 3.21%. Operating margin FY2024 2.66%. Operating margin FY2025 4.06%. Net margin FY2021 3.04%. Net margin FY2022 4.14%. Net margin FY2023 2.29%. Net margin FY2024 2.48%. Net margin FY2025 2.32%.

Income trends

Revenue

1.74B HKD+25.54%

Operating income

70.82M HKD+91.76%

Net income

40.45M HKD+17.61%
Income trends across reported periods2.04B HKD1.31B HKD573.62M HKD−159.09M HKDRevenue, FY2021: 1.86B HKDRevenue, FY2022: 1.44B HKDRevenue, FY2023: 1.4B HKDRevenue, FY2024: 1.39B HKDRevenue, FY2025: 1.74B HKDOperating income, FY2021: 64.67M HKDOperating income, FY2022: 24.09M HKDOperating income, FY2023: 44.96M HKDOperating income, FY2024: 36.93M HKDOperating income, FY2025: 70.82M HKDNet income, FY2021: 56.47M HKDNet income, FY2022: 59.81M HKDNet income, FY2023: 32.06M HKDNet income, FY2024: 34.4M HKDNet income, FY2025: 40.45M HKDFY2021FY2022FY2023FY2024FY2025
Revenue FY2021 1.86B HKD. Revenue FY2022 1.44B HKD. Revenue FY2023 1.4B HKD. Revenue FY2024 1.39B HKD. Revenue FY2025 1.74B HKD. Operating income FY2021 64.67M HKD. Operating income FY2022 24.09M HKD. Operating income FY2023 44.96M HKD. Operating income FY2024 36.93M HKD. Operating income FY2025 70.82M HKD. Net income FY2021 56.47M HKD. Net income FY2022 59.81M HKD. Net income FY2023 32.06M HKD. Net income FY2024 34.4M HKD. Net income FY2025 40.45M HKD.
Metric (HKD)FY2025FY2024FY2023FY2022FY2021
Revenue1.74B HKD1.39B HKD1.4B HKD1.44B HKD1.86B HKD
Cost of goods sold1.49B HKD1.2B HKD1.2B HKD1.26B HKD1.62B HKD
Gross profit253.32M HKD192.73M HKD203.27M HKD180.68M HKD233.3M HKD
Research and development22.34M HKD
Selling, general, and administrative160.16M HKD158.63M HKD164.31M HKD178.19M HKD191.67M HKD
Operating expenses182.5M HKD155.79M HKD158.31M HKD156.59M HKD168.64M HKD
Interest income4.84M HKD7.27M HKD5.61M HKD2.39M HKD506K HKD
Interest expense892K HKD1.78M HKD6.38M HKD6.31M HKD3M HKD
Depreciation and amortization33.55M HKD35.47M HKD39.78M HKD42.69M HKD47.99M HKD
Operating income70.82M HKD36.93M HKD44.96M HKD24.09M HKD64.67M HKD
Net income40.45M HKD34.4M HKD32.06M HKD59.81M HKD56.47M HKD

Company facts updated Aug 25, 2026.

Earnings

Latest EPS result
0.06

EPS: actual versus estimate

Recent quarterly results

ActualEstimate
Estimates unavailable
Quarterly EPS actual values compared with estimates0.160.120.080.04Q3 '21Q1 '22Q4 '22Q2 '23Q4 '23Q2 '24Q4 '24Q3 '25
Q3 2021, reported Sep 30, 2021: actual 0.102, estimate —, surprise —, Comparison unavailable. Q1 2022, reported Mar 31, 2022: actual 0.096, estimate —, surprise —, Comparison unavailable. Q4 2022, reported Nov 28, 2022: actual 0.094, estimate —, surprise —, Comparison unavailable. Q2 2023, reported Jun 29, 2023: actual 0.116, estimate —, surprise —, Comparison unavailable. Q4 2023, reported Nov 25, 2023: actual 0.069, estimate —, surprise —, Comparison unavailable. Q2 2024, reported Jun 27, 2024: actual 0.044, estimate —, surprise —, Comparison unavailable. Q4 2024, reported Nov 27, 2024: actual 0.071, estimate —, surprise —, Comparison unavailable. Q3 2025, reported Sep 30, 2025: actual 0.065, estimate —, surprise —, Comparison unavailable.

Revenue: actual versus estimate

Recent quarterly results

ActualEstimate
Estimates unavailable
Quarterly Revenue actual values compared with estimates1.04B909.83M776.24M642.64MQ3 '21Q1 '22Q4 '22Q2 '23Q4 '23Q2 '24Q4 '24Q3 '25
Q3 2021, reported Sep 30, 2021: actual 1B HKD, estimate —, surprise —, Comparison unavailable. Q1 2022, reported Mar 31, 2022: actual 852.58M HKD, estimate —, surprise —, Comparison unavailable. Q4 2022, reported Nov 28, 2022: actual 743.58M HKD, estimate —, surprise —, Comparison unavailable. Q2 2023, reported Jun 29, 2023: actual 699.91M HKD, estimate —, surprise —, Comparison unavailable. Q4 2023, reported Nov 25, 2023: actual 717.52M HKD, estimate —, surprise —, Comparison unavailable. Q2 2024, reported Jun 27, 2024: actual 682.77M HKD, estimate —, surprise —, Comparison unavailable. Q4 2024, reported Nov 27, 2024: actual 694.74M HKD, estimate —, surprise —, Comparison unavailable. Q3 2025, reported Sep 30, 2025: actual 778.45M HKD, estimate —, surprise —, Comparison unavailable.

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