| Snowflake Score | |
|---|---|
| Valuation | 0/6 |
| Future Growth | 5/6 |
| Past Performance | 0/6 |
| Financial Health | 6/6 |
| Dividends | 0/6 |
178 Overview
Sa Sa International Holdings Limited, an investment holding company, engages in the retail and wholesale of cosmetic products in Hong Kong and Macau, Mainland China, and Malaysia.
Rewards
Risk Analysis
No risks detected for 178 from our risk checks.
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | HK$1.73 |
| 52 Week High | HK$1.06 |
| 52 Week Low | HK$2.29 |
| Beta | 1.2 |
| 1 Month Change | 4.22% |
| 3 Month Change | -12.18% |
| 1 Year Change | 44.17% |
| 3 Year Change | -42.53% |
| 5 Year Change | -50.14% |
| Change since IPO | -5.21% |
Recent News & Updates
What You Need To Know About Sa Sa International Holdings Limited's (HKG:178) Investor Composition
The big shareholder groups in Sa Sa International Holdings Limited ( HKG:178 ) have power over the company. Insiders...
Shareholder Returns
| 178 | HK Specialty Retail | HK Market | |
|---|---|---|---|
| 7D | -1.7% | -2.7% | 0.4% |
| 1Y | 44.2% | 22.0% | 6.7% |
Return vs Industry: 178 exceeded the Hong Kong Specialty Retail industry which returned 22% over the past year.
Return vs Market: 178 exceeded the Hong Kong Market which returned 6.7% over the past year.
Price Volatility
| 178 volatility | |
|---|---|
| 178 Beta | 1.2 |
| Industry Beta | 0.89 |
| Market Beta | 1 |
Stable Share Price: 178 is not significantly more volatile than the rest of Hong Kong stocks over the past 3 months, typically moving +/- 6% a week.
Volatility Over Time: 178's weekly volatility (6%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1978 | 3,200 | Simon Kwok | https://corp.sasa.com/en/home |
Sa Sa International Holdings Limited, an investment holding company, engages in the retail and wholesale of cosmetic products in Hong Kong and Macau, Mainland China, and Malaysia. The company offers approximately 600 brands of skincare, fragrance, make-up, body care, hair care, and health and beauty supplements. It is also involved in intellectual property rights and property holding activities, as well as trading of cosmetic and skin care products.
Sa Sa International Holdings Fundamentals Summary
| 178 fundamental statistics | |
|---|---|
| Market Cap | HK$5.37b |
| Earnings (TTM) | -HK$359.30m |
| Revenue (TTM) | HK$3.04b |
1.8x
P/S Ratio-14.9x
P/E RatioIs 178 overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| 178 income statement (TTM) | |
|---|---|
| Revenue | HK$3.04b |
| Cost of Revenue | HK$1.99b |
| Gross Profit | HK$1.05b |
| Expenses | HK$1.41b |
| Earnings | -HK$359.30m |
Last Reported Earnings
Mar 31, 2021
Next Earnings Date
n/a
| Earnings per share (EPS) | -0.12 |
| Gross Margin | 34.57% |
| Net Profit Margin | -11.81% |
| Debt/Equity Ratio | 0% |
How did 178 perform over the long term?
See historical performance and comparisonValuation
Is Sa Sa International Holdings undervalued compared to its fair value and its price relative to the market?
4.04x
Price to Book (PB) ratio
Share Price vs. Fair Value
Below Fair Value: 178 (HK$1.73) is trading above our estimate of fair value (HK$0.62)
Significantly Below Fair Value: 178 is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: 178 is unprofitable, so we can't compare its PE Ratio to the Hong Kong Specialty Retail industry average.
PE vs Market: 178 is unprofitable, so we can't compare its PE Ratio to the Hong Kong market.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate 178's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: 178 is overvalued based on its PB Ratio (4x) compared to the HK Specialty Retail industry average (1.1x).
Future Growth
How is Sa Sa International Holdings forecast to perform in the next 1 to 3 years based on estimates from 7 analysts?
86.4%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: 178 is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (1.5%).
Earnings vs Market: 178 is forecast to become profitable over the next 3 years, which is considered above average market growth.
High Growth Earnings: 178's is expected to become profitable in the next 3 years.
Revenue vs Market: 178's revenue (19.8% per year) is forecast to grow faster than the Hong Kong market (12.4% per year).
High Growth Revenue: 178's revenue (19.8% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: 178's Return on Equity is forecast to be very high in 3 years time (44.6%).
Past Performance
How has Sa Sa International Holdings performed over the past 5 years?
-46.3%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 178 is currently unprofitable.
Growing Profit Margin: 178 is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: 178 is unprofitable, and losses have increased over the past 5 years at a rate of 46.3% per year.
Accelerating Growth: Unable to compare 178's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: 178 is unprofitable, making it difficult to compare its past year earnings growth to the Specialty Retail industry (54.7%).
Return on Equity
High ROE: 178 has a negative Return on Equity (-27.01%), as it is currently unprofitable.
Financial Health
How is Sa Sa International Holdings's financial position?
Financial Position Analysis
Short Term Liabilities: 178's short term assets (HK$1.6B) exceed its short term liabilities (HK$850.7M).
Long Term Liabilities: 178's short term assets (HK$1.6B) exceed its long term liabilities (HK$330.1M).
Debt to Equity History and Analysis
Debt Level: 178 is debt free.
Reducing Debt: 178 has not had any debt for past 5 years.
Debt Coverage: 178 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 178 has no debt, therefore coverage of interest payments is not a concern.
Balance Sheet
Dividend
What is Sa Sa International Holdings's current dividend yield, its reliability and sustainability?
1.88%
Forecast Dividend Yield
Dividend Yield vs Market
Notable Dividend: Unable to evaluate 178's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate 178's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if 178's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if 178's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: 178 is not paying a notable dividend for the Hong Kong market.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of 178's dividend in 3 years as they are not forecast to pay a notable one for the Hong Kong market.
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
16.7yrs
Average management tenure
CEO
Simon Kwok (68 yo)
24.83yrs
Tenure
HK$1,768,000
Compensation
Dr. Siu Ming Kwok, also known as Simon, BBS, JP serves as an Executive Chairman and Chief Executive Officer of Sa Sa International Holdings Ltd. Dr. Kwok co-Founded Sa Sa International Holdings Ltd. in 197...
CEO Compensation Analysis
Compensation vs Market: Simon's total compensation ($USD227.43K) is below average for companies of similar size in the Hong Kong market ($USD440.19K).
Compensation vs Earnings: Simon's compensation has been consistent with company performance over the past year.
Leadership Team
Experienced Management: 178's management team is seasoned and experienced (16.7 years average tenure).
Board Members
Experienced Board: 178's board of directors are seasoned and experienced ( 11.6 years average tenure).
Ownership
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Ownership Breakdown
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Top Shareholders
Company Information
Sa Sa International Holdings Limited's employee growth, exchange listings and data sources
Key Information
- Name: Sa Sa International Holdings Limited
- Ticker: 178
- Exchange: SEHK
- Founded: 1978
- Industry: Specialty Stores
- Sector: Retail
- Market Cap: HK$5.369b
- Shares outstanding: 3.10b
- Website: https://corp.sasa.com/en/home
Number of Employees
Location
- Sa Sa International Holdings Limited
- MP Industrial Centre
- 8th Floor
- Chai Wan
- Hong Kong
Listings
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/10/26 16:09 |
| End of Day Share Price | 2021/10/26 00:00 |
| Earnings | 2021/03/31 |
| Annual Earnings | 2021/03/31 |
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.