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Sa Sa International Holdings Limited (0178.HK)

HKD0.90 -0.01 (-1.10%)
HK HKSE Consumer Cyclical Specialty Retail
Address MP Industrial Centre
Chai Wan, HK
CEO Siu Ming Kwok
IPO 1997-06-13
ISIN KYG7814S1021

Explore sections of this company profile

Also trades on Hong Kong Stock Exchange · 0178.HK (HKD) Other OTC · SAXJY (USD) Other OTC · SSILF (USD)
Description

Sa Sa International Holdings Limited, functioning as an investment holding company, is primarily engaged in the retail and wholesale distribution of beauty products across Hong Kong and Macau, mainland China, and Malaysia. The company boasts a comprehensive selection of approximately 600 brands, encompassing skincare, fragrances, makeup, body care, hair care, health and fitness merchandise, alongside modern beauty gadgets. Beyond its primary operations, the firm also handles intellectual property rights, manages property holdings, and supports charitable causes. As of March 31, 2022, Sa Sa operated a total of 234 retail locations. Additionally, it leverages various e-commerce channels for sales, including its proprietary website (sasa.com), a dedicated mobile application, social commerce initiatives, and collaborations with third-party digital platforms. Founded in 1978, the company's headquarters are situated in Chai Wan, Hong Kong.

Market Cap & Enterprise Value
Merger & Acquisition History

No mergers or acquisitions recorded for this company.

Technical Outlook
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Signal Summary Loading…
Indicator 1D1W2W3W1M
Each column is computed on that timeframe's candles (1D = daily, 1W ≈ weekly, 1M ≈ monthly), not on the same last day. ▲ bullish · ▼ bearish · — neutral. The Net row counts signals per column; hover any cell (or the indicator name) to see the exact rule behind it.
Day Score & sub-scores
Statistical fingerprint & regime detail
Conditional historical analysis
Customize analysis (advanced)
Indicative levels generated algorithmically. Not financial advice.
Risk Profile
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Price Chart
Averages
Trend
Price
Levels
Draw
HKD0.90 -0.01 (-1.10%)
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Volume Profile
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Liquidity & share structure
Average Volume
8M
Beta
0.53
Float Shares
1.11B
Free Float %
35.9%
Price Performance
1D5D1M3M6M YTD1Y3Y5Y10YMax
-1.16% -2.30% -10.53% +37.10% +34.92% +41.67% +37.10% -39.29% -56.63% -63.36% +1.80%
Rolling Volatility
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Drawdown
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Relative Strength
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Monthly Returns Heatmap
From To
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Annual Monthly Returns
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Daily Returns Distribution
vs.
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Revenue flow

Revenue by geography

Revenue by segment

From To

Revenue composition

From To

By product

By geography

Financial Statements

Income Statement

Balance Sheet

Cash Flow Statement

Key Metrics

Financial Ratios

Employees

Financial Growth (CAGR)

Market Data

Price Targets & DCF
Current price
0.90
DCF (Unlevered) 2.65 +194.9%
DCF (Levered) 4.29 +377.2%

DCF figures are point estimates: small changes in growth or discount-rate assumptions move them materially. Read them as a reference, not a precise target.

Ratings Trend (MoM) 100% Bullish
Rating 2026-05 Change
Strong Buy 1 0
Buy 2 0
Hold 0 -1
Sell 0 0
Strong Sell 0 0
Quality scores
Altman Z-Score
5.30
Safe zone
Piotroski F-Score
8 / 9
Strong
MOAT Score
4 / 10
Developing
Composite Rating
B+
Overall Score
3 / 5
Medium
DCF Score
4 / 5
High
ROE Score
3 / 5
Medium
ROA Score
4 / 5
High
D/E Score
2 / 5
Medium
P/E Score
2 / 5
Medium
P/Book Score
3 / 5
Medium
Operational MOAT
✗ Below peers
  • Revenue growth Specialty Retail: +6.4%
    +11.2% Q1'26: +7.6% (vs Q1'24)
  • EPS growth Specialty Retail: +20.6%
    +160.5% Q1'26: +29.1% (vs Q1'24)
  • FCF margin FCF growth · Specialty Retail: +29.3%
    +13.0% Q1'26: +4.8% (vs Q1'24)
  • EBIT margin Specialty Retail: +5.4%
    +5.0% Q1'26: +6.9% (vs Q1'24)
  • ROIC Specialty Retail: +6.5%
    +14.3% Q1'26: +42.8% (vs Q1'24)
  • Share dilution Specialty Retail: +0.1%
    0.0% Q1'26: +0.1% (vs Q1'24)
  • Debt / EBITDA Net debt/EBITDA · Specialty Retail: 0.14×
    0.85× Q1'26: 0.36× (vs Q1'24)
Valuation Multiples From To
Price Forecast (3Y) From To
Model
Adjust
P/E
Theoretical Return — If Invested Today

* These projections are based on analyst consensus estimates and user-defined valuation multiples. This table is for informational purposes only and does not constitute a recommendation to buy or sell any security. Past performance is not indicative of future results.

DCF Interactive Model (UFCF)
Projection years:
Market assumptions
WACC components (optional)
Ke (Cost of Equity) = Rf + β (0.56) × ERP
WACC = 80% × Ke + 20% × Kd (4.3%) × (1−t)

Modifying these values recalculates WACC automatically.

Business assumptions
Intrinsic value (base): 2.67 Current price: 0.90
Enterprise Value: Equity Value: Terminal Value: TV as % of EV:

Base values reflect the latest available data for this company and market conditions.

Consensus Estimates
Metric Mar 2015
actual
Mar 2016
actual
Mar 2017
actual
Mar 2018
actual
Mar 2019
actual
Mar 2020
actual
Mar 2021
actual
Mar 2022
actual
Mar 2023
actual
Mar 2024
actual
Mar 2025
actual
Mar 2026
3 Rev. Ana.
2 EPS Ana.
Mar 2027
3 Rev. Ana.
2 EPS Ana.
Mar 2028
3 Rev. Ana.
2 EPS Ana.
Revenue
8.99B
est: 9.11B (-1.3%)
7.79B
est: 7.98B (-2.3%)
7.55B
est: 7.79B (-3.0%)
8.02B
est: 8.16B (-1.8%)
8.16B
est: 8.42B (-3.1%)
5.72B
est: 5.92B (-3.5%)
3.04B
est: 3.61B (-15.6%)
3.41B
est: 3.41B (0.0%)
3.50B
est: 3.61B (-3.1%)
4.37B
est: 4.50B (-2.9%)
3.94B
est: 4.06B (-2.8%)
4.38B
4.21B – 4.47B
+8.1% YoY
4.98B
4.58B – 5.21B
+13.6% YoY
5.33B
4.88B – 5.57B
+7.0% YoY
EBITDA
1.19B
est: 793.02M (+49.8%)
598.18M
est: 694.48M (-13.9%)
518.28M
est: 678.09M (-23.6%)
658.34M
est: 710.95M (-7.4%)
689.39M
est: 732.84M (-5.9%)
330.14M
est: 515.75M (-36.0%)
130.09M
est: 314.04M (-58.6%)
31.02M
est: 297.28M (-89.6%)
343.84M
est: 314.43M (+9.4%)
670.80M
est: 391.58M (+71.3%)
519.23M
est: 353.14M (+47.0%)
381.64M
366.64M – 389.16M
+8.1% YoY
433.39M
398.54M – 453.54M
+13.6% YoY
463.73M
425.04M – 485.29M
+7.0% YoY
EBIT
1.03B
est: -223.13M (+559.5%)
340.26M
est: -195.41M (+274.1%)
421.20M
est: -190.79M (+320.8%)
560.61M
est: -200.04M (+380.3%)
582.30M
est: -206.20M (+382.4%)
-535.98M
est: -145.12M (-269.3%)
-385.03M
est: -88.36M (-335.7%)
-325.05M
est: -83.64M (-288.6%)
4.74M
est: -88.47M (+105.4%)
294.15M
est: -110.18M (+367.0%)
120.49M
est: -99.36M (+221.3%)
-107.38M
-109.50M – -103.16M
-8.1% YoY
-121.94M
-127.61M – -112.14M
-13.6% YoY
-130.48M
-136.55M – -119.59M
-7.0% YoY
Net Income
838.81M
est: 888.15M (-5.6%)
383.47M
est: 492.91M (-22.2%)
326.71M
est: 365.83M (-10.7%)
440.12M
est: 422.89M (+4.1%)
470.75M
est: 469.64M (+0.2%)
-515.94M
est: -225.40M (-128.9%)
-351.37M
est: -242.92M (-44.6%)
-343.73M
est: -284.89M (-20.7%)
58.25M
est: -93.07M (+162.6%)
218.88M
est: 310.24M (-29.4%)
76.97M
est: 108.58M (-29.1%)
198.55M
177.39M – 210.55M
+82.9% YoY
255.95M
240.89M – 271.00M
+28.9% YoY
282.32M
252.23M – 299.38M
+10.3% YoY
SGA
3.13B
est: 3.85B (-18.6%)
3.02B
est: 3.37B (-10.5%)
2.82B
est: 3.29B (-14.2%)
2.92B
est: 3.45B (-15.5%)
2.85B
est: 3.56B (-19.9%)
2.43B
est: 2.50B (-2.9%)
1.53B
est: 1.52B (+0.6%)
1.57B
est: 1.44B (+9.0%)
1.47B
est: 1.53B (-3.8%)
1.53B
est: 1.90B (-19.6%)
1.49B
est: 1.71B (-12.9%)
1.85B
1.78B – 1.89B
+8.1% YoY
2.10B
1.93B – 2.20B
+13.6% YoY
2.25B
2.06B – 2.36B
+7.0% YoY
EPS
0.30
est: 0.29 (+4.8%)
0.13
est: 0.16 (-18.2%)
0.12
est: 0.12 (+1.8%)
0.15
est: 0.14 (+10.0%)
0.15
est: 0.15 (-0.9%)
-0.17
est: -0.07 (-134.0%)
-0.11
est: -0.08 (-40.5%)
-0.11
est: -0.09 (-19.8%)
0.02
est: -0.03 (+162.7%)
0.07
est: 0.10 (-29.4%)
0.02
est: 0.04 (-29.1%)
0.06
0.06 – 0.07
+82.9% YoY
0.08
0.08 – 0.09
+28.9% YoY
0.09
0.08 – 0.10
+10.3% YoY
Historical Ratings (3M)
Date Rating Overall DCF ROE ROA D/E P/E P/B
2026-05-29 B+ 3/5 4/5 3/5 4/5 2/5 2/5 3/5
2026-05-28 B+ 3/5 4/5 3/5 4/5 2/5 2/5 3/5
2026-05-27 B+ 3/5 4/5 3/5 4/5 2/5 2/5 3/5
2026-05-26 B+ 3/5 4/5 3/5 4/5 2/5 2/5 3/5
2026-05-22 B+ 3/5 4/5 3/5 4/5 2/5 2/5 3/5
2026-05-21 B+ 3/5 4/5 3/5 4/5 2/5 3/5 3/5
2026-05-20 B+ 3/5 4/5 3/5 4/5 2/5 3/5 3/5
2026-05-19 B+ 3/5 4/5 3/5 4/5 2/5 3/5 3/5
2026-05-18 B+ 3/5 4/5 3/5 4/5 2/5 3/5 3/5
2026-05-15 B+ 3/5 4/5 3/5 4/5 2/5 3/5 3/5
2026-05-14 B+ 3/5 4/5 3/5 4/5 2/5 3/5 3/5
2026-05-13 B+ 3/5 4/5 3/5 4/5 2/5 3/5 3/5
2026-05-12 B+ 3/5 4/5 3/5 4/5 2/5 3/5 3/5
2026-05-11 B+ 3/5 4/5 3/5 4/5 2/5 3/5 3/5
2026-05-08 B+ 3/5 4/5 3/5 4/5 2/5 3/5 3/5
2026-05-07 B+ 3/5 4/5 3/5 4/5 2/5 3/5 3/5
2026-05-06 B+ 3/5 4/5 3/5 4/5 2/5 3/5 3/5
2026-05-05 B+ 3/5 4/5 3/5 4/5 2/5 3/5 3/5
2026-05-04 B+ 3/5 4/5 3/5 4/5 2/5 3/5 3/5
2026-04-30 B+ 3/5 4/5 3/5 4/5 2/5 3/5 3/5
2026-04-29 B+ 3/5 4/5 3/5 4/5 1/5 3/5 3/5
2026-04-28 B+ 3/5 4/5 3/5 4/5 1/5 3/5 3/5
2026-04-27 B+ 3/5 4/5 3/5 4/5 1/5 3/5 3/5
2026-04-24 B+ 3/5 4/5 3/5 4/5 1/5 3/5 3/5
2026-04-23 B+ 3/5 4/5 3/5 5/5 1/5 3/5 3/5
2026-04-22 B+ 3/5 4/5 3/5 5/5 1/5 3/5 3/5
2026-04-21 B+ 3/5 4/5 3/5 5/5 1/5 3/5 3/5
2026-04-20 B+ 3/5 4/5 3/5 5/5 1/5 3/5 3/5
2026-04-17 B+ 3/5 4/5 3/5 5/5 1/5 3/5 3/5
2026-04-16 B+ 3/5 4/5 3/5 5/5 1/5 3/5 3/5

Owner Earnings

Owner's Earnings (history) From To
Owner alignment
Owner's Earnings TTM
993.30M
OE per share TTM
0.32
Owner's Yield
39.61%
Maintenance CapEx ratio
113.60%
Maint CapEx / Avg PPE
15.6%

Ownership Overview

Ownership breakdown

Ownership breakdown not available.

At a glance
Institutional holders
Total invested
Insider transactions (90d)
0
Beneficial owners (>5%)
0
Beneficial owners (>5%)

No beneficial ownership filings recorded.

Institutional Activity (13F)

Institutional ownership trend

Institutional history not available.

Top institutional holders

Top holders not available.

ETF Ownership

Top ETFs holding this stock Held by 10 ETFs in our universe
# ETF Weight Est. AUM exposure TER
1 State Street SPDR S&P International Small Cap ETF GWX 0.01% 74.7K 0.40%
2 Avantis Global Small Cap Value UCITS ETF AVGS.L 0.01% 74.2K 0.39%
3 Avantis International Small Cap Equity ETF AVDS 0.01% 20.9K 0.30%
4 Avantis International Small Cap Value ETF AVDV 0.00% 833.7K 0.36%
5 Dimensional - International Small Cap ETF DFIS 0.00% 84.7K 0.39%
6 Dimensional - International Core Equity 2 ETF DFIC 0.00% 160.3K 0.22%
7 Dimensional - International Vector Equity ETF DXIV 0.00% 1.4K 0.53%
8 Dimensional World ex U.S. Core Equity 2 ETF DFAX 0.00% 82.9K 0.28%
9 Avantis International Equity ETF AVDE 0.00% 24.0K 0.23%
10 Dimensional - International Core Equity Market ETF DFAI 0.00% 0.18%

Insider Activity

Insider Activity — Latest Quarter

No insider activity available.

Insider buys vs sells (history)

Insider history not available.

Recent insider transactions

No recent insider transactions.

Executive team

Top executives
EBIT / Employee
84.3K
Shares Outstanding
3.10B

Executive compensation

Executive compensation (annual)

Executive compensation not available.

CEO compensation breakdown

No CEO compensation history available.

Proxy statements

Proxy statements (DEF 14A)

No proxy statements available for this company yet.

Recent SEC filings

Recent SEC filings

No SEC filings available for this company yet.

Executive team

NameTitleCompensationGender
Siu Ming Kwok Executive Chairman & Chief Executive Officer 3M
Kwai Chun Kwok Vice-Chairman 3M
Sea Nga Kwok Executive Director 1M female
Sze Wai Kwok Executive Director 1M female
Ming Kit Chung HKICPA Chief Financial Officer, Executive Director & Company Secretary male
Sum Wun Mak Senior Vice President & General Counsel female
Kin Ming Senior Vice President of Category Management & Product Development male
ESG Score History

No data available for this company.

Senate Trading Activity

No Senate trading activity found for this company.

House Trading Activity

No House trading activity found for this company.

Market share among peers
Peer comparison — filtered group (TTM)
Your opinion

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These are community opinions and do not constitute buy or sell advice to act on. The results shown are based on aggregated opinions and are not an investment recommendation, nor do they intend to influence any investment decision.

Dividend yield history

Dividend history

Earnings history

Earnings reports

Stock splits