A & S Group (Holdings) Limited logo

A & S Group (Holdings) Limited

1737.HK

HKSEIndustrialsIntegrated Freight & Logistics

Latest quote

HK$0.147

−HK$0.002 · -1.34%

Aug 24, 1:26 PM HKTData delayed

1737.HK company overview

Regular session · HKT · Market data may be delayed.

Company profile

Company website

A & S Group (Holdings) Limited functions as an investment holding entity, specializing in comprehensive air freight forwarding ground handling and air cargo terminal operations across Hong Kong. Their ground handling division encompasses essential services like X-ray screening for air cargo, along with extensive warehousing management, covering supply chain planning, storage, and inventory control, all supported by import and export facilitation. For inbound cargo, services include warehouse storage, collection and release of goods, de-palletization, managing empty Unit Load Devices (ULDs), and cross-docking. Outbound cargo benefits from warehouse storage, registration and acceptance, pallet building, handling of loose bulk and co-loaded shipments, empty ULD management, secure handling of vulnerable items, escort services, and general manpower support. Furthermore, the company operates air cargo terminals for both standard and special import/export cargo handling. Transportation capabilities are robust, ranging from general trucking to specialized vehicles like temperature-controlled, dangerous goods, and air suspension trucks. They also offer training programs for hazardous material handling. An array of value-added services further enhances their offerings, including loading/unloading, cargo sorting, survey coordination, customs clearance, cargo rebuilding, document retrieval, trade declaration and licensing assistance, pick-and-pack fulfillment, garment-on-hanger solutions, and packaging modifications like repacking, labeling, and re-labeling. Their client base primarily comprises logistics firms and freight forwarding agencies. Established in 2002, the company maintains its headquarters in Kwai Chung, Hong Kong, and operates as a subsidiary of Dynamic Victor Limited.

Industry
Integrated Freight & Logistics
Sector
Industrials
Headquarters
HK
CEO
Kwok Leung
Listed since
Mar 14, 2018
Employees
317

Market position

Day range

Current HK$0.147

52-week range

Current HK$0.147

Open
HK$0.149
Previous close
HK$0.149
Volume
240K
0.36× average
Average volume
671.11K
Average daily volume
Market cap
147M HKD
Beta
0.25
Market reference 1
50-day average
HK$0.1531
-4.00% below average
200-day average
HK$0.1182
+24.35% above average

Financials

Financial snapshot

Latest / TTM

Valuation & yield

P/E (TTM)
-6.87×
P/B (TTM)
0.9×
P/S (TTM)
0.32×
Dividend yield
0.00%

Profitability & efficiency

Gross margin
5.61%
Operating margin
-4.77%
Net margin
-4.68%

Financial health

Debt / equity
0.26×

Financial statements

Margin trends

Profitability as a percentage of reported revenue.

Gross marginOperating marginNet margin
Gross, operating, and net margin trends17%9%1%-7%Gross margin, FY2021: 15.27%Gross margin, FY2022: 9.02%Gross margin, FY2023: 11.41%Gross margin, FY2024: 7.08%Gross margin, FY2025: 5.61%Operating margin, FY2021: 8.00%Operating margin, FY2022: 2.04%Operating margin, FY2023: 3.47%Operating margin, FY2024: -3.00%Operating margin, FY2025: -4.77%Net margin, FY2021: 6.25%Net margin, FY2022: 1.69%Net margin, FY2023: 2.71%Net margin, FY2024: -3.58%Net margin, FY2025: -4.68%FY2021FY2022FY2023FY2024FY2025
Gross margin FY2021 15.27%. Gross margin FY2022 9.02%. Gross margin FY2023 11.41%. Gross margin FY2024 7.08%. Gross margin FY2025 5.61%. Operating margin FY2021 8.00%. Operating margin FY2022 2.04%. Operating margin FY2023 3.47%. Operating margin FY2024 -3.00%. Operating margin FY2025 -4.77%. Net margin FY2021 6.25%. Net margin FY2022 1.69%. Net margin FY2023 2.71%. Net margin FY2024 -3.58%. Net margin FY2025 -4.68%.

Income trends

Revenue

457.7M HKD-17.32%

Operating income

−21.83M HKD-31.55%

Net income

−21.42M HKD-8.16%
Income trends across reported periods716.71M HKD448.15M HKD179.59M HKD−88.97M HKDRevenue, FY2021: 520.2M HKDRevenue, FY2022: 508.46M HKDRevenue, FY2023: 649.57M HKDRevenue, FY2024: 553.59M HKDRevenue, FY2025: 457.7M HKDOperating income, FY2021: 41.63M HKDOperating income, FY2022: 10.38M HKDOperating income, FY2023: 22.53M HKDOperating income, FY2024: −16.6M HKDOperating income, FY2025: −21.83M HKDNet income, FY2021: 32.52M HKDNet income, FY2022: 8.59M HKDNet income, FY2023: 17.63M HKDNet income, FY2024: −19.8M HKDNet income, FY2025: −21.42M HKDFY2021FY2022FY2023FY2024FY2025
Revenue FY2021 520.2M HKD. Revenue FY2022 508.46M HKD. Revenue FY2023 649.57M HKD. Revenue FY2024 553.59M HKD. Revenue FY2025 457.7M HKD. Operating income FY2021 41.63M HKD. Operating income FY2022 10.38M HKD. Operating income FY2023 22.53M HKD. Operating income FY2024 −16.6M HKD. Operating income FY2025 −21.83M HKD. Net income FY2021 32.52M HKD. Net income FY2022 8.59M HKD. Net income FY2023 17.63M HKD. Net income FY2024 −19.8M HKD. Net income FY2025 −21.42M HKD.
Metric (HKD)FY2025FY2024FY2023FY2022FY2021
Revenue457.7M HKD553.59M HKD649.57M HKD508.46M HKD520.2M HKD
Cost of goods sold432.04M HKD514.38M HKD575.44M HKD462.6M HKD440.77M HKD
Gross profit25.67M HKD39.21M HKD74.13M HKD45.85M HKD79.43M HKD
Selling, general, and administrative47.5M HKD35.78M HKD53.67M HKD52.3M HKD49.92M HKD
Operating expenses47.5M HKD55.81M HKD51.6M HKD35.97M HKD37.8M HKD
Interest income41K HKD286K HKD413K HKD379K HKD4K HKD
Interest expense2.57M HKD3.11M HKD1.06M HKD1.82M HKD2.61M HKD
Depreciation and amortization41.75M HKD49.12M HKD56.42M HKD57.72M HKD46.1M HKD
Operating income−21.83M HKD−16.6M HKD22.53M HKD10.38M HKD41.63M HKD
Net income−21.42M HKD−19.8M HKD17.63M HKD8.59M HKD32.52M HKD

Company facts updated Aug 24, 2026.

Corporate actions

Annual dividends per share

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

HK$0.02

2024 complete year-33.3% since 2021

Corporate action history

Dividend

Ex-dividend Sep 11, 2024

HK$0.02

Irregular

Record Sep 12, 2024 · Payment Oct 16, 2024

Dividend

Ex-dividend Sep 14, 2022

HK$0.025

Annual

Record Sep 15, 2022 · Payment Oct 12, 2022

Dividend

Ex-dividend Aug 24, 2021

HK$0.03

Annual

Record Aug 25, 2021 · Payment Sep 20, 2021

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