S.A.S. Dragon Holdings Limited logo

S.A.S. Dragon Holdings Limited

1184.HK

HKSETechnologyTechnology Distributors

Latest quote

HK$8.54

−HK$0.235 · -2.68%

Aug 24, 3:50 PM HKT

1184.HK company overview

Regular session · HKT · Market data may be delayed.

Company profile

Company website

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 operational footprint covers Hong Kong, mainland China, Taiwan, Singapore, the United States, Vietnam, Macao, India, and other international markets. The company provides end-to-end electronic supply chain solutions, encompassing design, development, procurement, quality assurance, and logistics management for a wide array of electronic components and semiconductors. This includes chipset solutions, display panels, memory chips, LED lighting systems, power supply setups, multimedia solutions, PEMCO, IoT home automation systems, and other specialized technologies. These offerings are crucial for applications in mobile communication, consumer electronics, computing and networking, telecommunications, and LED lighting and display sectors. Beyond its core electronics business, S.A.S. Dragon also distributes home appliances and business equipment, alongside providing related support services. Additionally, it offers digital out-of-home advertising solutions and markets LED UV-C health and wellness products. The company promotes its diverse portfolio under various brand names, such as SHARP, SQUARE, Light in Motion, Life in Motion, and LIM InfraSystems. Its client base is broad, comprising semiconductor suppliers, electronics manufacturing service providers, original equipment manufacturers (OEMs), original design manufacturers (ODMs), value-added resellers, retailers, and direct end-users. As of December 31, 2021, the company reported ownership of eighteen investment properties designated for commercial and industrial use in Hong Kong and mainland China.

Industry
Technology Distributors
Sector
Technology
Headquarters
HK
CEO
Yuk Lun Yim
Listed since
Oct 17, 1994
Employees
500

Market position

Day range

Current HK$8.54

52-week range

Current HK$8.54

Open
HK$8.50
Previous close
HK$8.775
Volume
110K
0.56× average
Average volume
194.76K
Average daily volume
Market cap
5.34B HKD
Beta
0.22
Market reference 1
50-day average
HK$7.2464
+17.85% above average
200-day average
HK$5.5621
+53.54% above average

Financials

Financial snapshot

Latest / TTM

Valuation & yield

Enterprise value
1.69B HKD
P/E (TTM)
4.82×
P/B (TTM)
1.39×
P/S (TTM)
0.1×
EV / EBITDA
1.89×
Earnings yield
19.72%
Free cash flow yield
28.20%
Dividend yield
4.68%

Profitability & efficiency

Gross margin
4.69%
Operating margin
3.70%
Net margin
2.16%
Return on equity
17.49%
Return on assets
5.11%
Return on invested capital
12.75%

Financial health

Debt / equity
1.44×
Current ratio
1.34×
Altman Z-score
5.91
Piotroski F-score
5 of 9

Financial statements

Margin trends

Profitability as a percentage of reported revenue.

Gross marginOperating marginNet margin
Gross, operating, and net margin trends6%5%3%1%Gross margin, FY2021: 4.49%Gross margin, FY2022: 5.15%Gross margin, FY2023: 5.88%Gross margin, FY2024: 5.15%Gross margin, FY2025: 4.36%Operating margin, FY2021: 3.20%Operating margin, FY2022: 3.43%Operating margin, FY2023: 3.79%Operating margin, FY2024: 3.74%Operating margin, FY2025: 3.06%Net margin, FY2021: 2.02%Net margin, FY2022: 1.60%Net margin, FY2023: 1.81%Net margin, FY2024: 1.81%Net margin, FY2025: 1.82%FY2021FY2022FY2023FY2024FY2025
Gross margin FY2021 4.49%. Gross margin FY2022 5.15%. Gross margin FY2023 5.88%. Gross margin FY2024 5.15%. Gross margin FY2025 4.36%. Operating margin FY2021 3.20%. Operating margin FY2022 3.43%. Operating margin FY2023 3.79%. Operating margin FY2024 3.74%. Operating margin FY2025 3.06%. Net margin FY2021 2.02%. Net margin FY2022 1.60%. Net margin FY2023 1.81%. Net margin FY2024 1.81%. Net margin FY2025 1.82%.

Income trends

Revenue

30.54B HKD+10.01%

Operating income

935.48M HKD-9.80%

Net income

556.72M HKD+11.07%
Income trends across reported periods38.79B HKD24.83B HKD10.87B HKD−3.09B HKDRevenue, FY2021: 35.3B HKDRevenue, FY2022: 24.97B HKDRevenue, FY2023: 22.37B HKDRevenue, FY2024: 27.76B HKDRevenue, FY2025: 30.54B HKDOperating income, FY2021: 1.13B HKDOperating income, FY2022: 857.19M HKDOperating income, FY2023: 848.32M HKDOperating income, FY2024: 1.04B HKDOperating income, FY2025: 935.48M HKDNet income, FY2021: 713.19M HKDNet income, FY2022: 400.34M HKDNet income, FY2023: 403.8M HKDNet income, FY2024: 501.24M HKDNet income, FY2025: 556.72M HKDFY2021FY2022FY2023FY2024FY2025
Revenue FY2021 35.3B HKD. Revenue FY2022 24.97B HKD. Revenue FY2023 22.37B HKD. Revenue FY2024 27.76B HKD. Revenue FY2025 30.54B HKD. Operating income FY2021 1.13B HKD. Operating income FY2022 857.19M HKD. Operating income FY2023 848.32M HKD. Operating income FY2024 1.04B HKD. Operating income FY2025 935.48M HKD. Net income FY2021 713.19M HKD. Net income FY2022 400.34M HKD. Net income FY2023 403.8M HKD. Net income FY2024 501.24M HKD. Net income FY2025 556.72M HKD.
Metric (HKD)FY2025FY2024FY2023FY2022FY2021
Revenue30.54B HKD27.76B HKD22.37B HKD24.97B HKD35.3B HKD
Cost of goods sold29.21B HKD26.33B HKD21.05B HKD23.68B HKD33.71B HKD
Gross profit1.33B HKD1.43B HKD1.32B HKD1.29B HKD1.59B HKD
Selling, general, and administrative400.36M HKD390.81M HKD401.92M HKD430.81M HKD456.73M HKD
Operating expenses395.86M HKD392.93M HKD411.46M HKD428.14M HKD456.73M HKD
Interest income53.76M HKD18.46M HKD48.71M HKD3.95M HKD3.72M HKD
Interest expense61.72M HKD68.63M HKD86.4M HKD56.28M HKD34.13M HKD
Depreciation and amortization27.88M HKD36.39M HKD45.27M HKD46.26M HKD47.3M HKD
Operating income935.48M HKD1.04B HKD848.32M HKD857.19M HKD1.13B HKD
Net income556.72M HKD501.24M HKD403.8M HKD400.34M HKD713.19M HKD

Company facts updated Aug 24, 2026.

Earnings

Latest EPS result
0.27

EPS: actual versus estimate

Recent quarterly results

ActualEstimate
Estimates unavailable
Quarterly EPS actual values compared with estimates0.720.530.330.14Q2 '21Q4 '21Q3 '22Q1 '23Q3 '23Q1 '24Q3 '24Q1 '25
Q2 2021, reported Jun 30, 2021: actual 0.682, estimate —, surprise —, Comparison unavailable. Q4 2021, reported Dec 31, 2021: actual 0.458, estimate —, surprise —, Comparison unavailable. Q3 2022, reported Aug 23, 2022: actual 0.48, estimate —, surprise —, Comparison unavailable. Q1 2023, reported Mar 28, 2023: actual 0.159, estimate —, surprise —, Comparison unavailable. Q3 2023, reported Aug 25, 2023: actual 0.434, estimate —, surprise —, Comparison unavailable. Q1 2024, reported Mar 26, 2024: actual 0.212, estimate —, surprise —, Comparison unavailable. Q3 2024, reported Aug 23, 2024: actual 0.528, estimate —, surprise —, Comparison unavailable. Q1 2025, reported Mar 27, 2025: actual 0.273, estimate —, surprise —, Comparison unavailable.

Revenue: actual versus estimate

Recent quarterly results

ActualEstimate
Estimates unavailable
Quarterly Revenue actual values compared with estimates18.84B15.41B11.99B8.56BQ2 '21Q4 '21Q3 '22Q1 '23Q3 '23Q1 '24Q3 '24Q1 '25
Q2 2021, reported Jun 30, 2021: actual 17.18B HKD, estimate —, surprise —, Comparison unavailable. Q4 2021, reported Dec 31, 2021: actual 18.12B HKD, estimate —, surprise —, Comparison unavailable. Q3 2022, reported Aug 23, 2022: actual 15B HKD, estimate —, surprise —, Comparison unavailable. Q1 2023, reported Mar 28, 2023: actual 9.97B HKD, estimate —, surprise —, Comparison unavailable. Q3 2023, reported Aug 25, 2023: actual 9.28B HKD, estimate —, surprise —, Comparison unavailable. Q1 2024, reported Mar 26, 2024: actual 13.09B HKD, estimate —, surprise —, Comparison unavailable. Q3 2024, reported Aug 23, 2024: actual 13.64B HKD, estimate —, surprise —, Comparison unavailable. Q1 2025, reported Mar 27, 2025: actual 14.12B HKD, estimate —, surprise —, Comparison unavailable.

Corporate actions

Corporate action history

Stock split

Effective Jun 4, 2014

2:1

1184.HK peers

ETFs holding 1184.HK

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

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