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0178.HK HKEX Miscellaneous Specialty Retailers

0178.Hk

HK$0,84
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Mcap
P/E
EV / Rev
Div yield
2,94 %
Op margin
2,7 %
ROE
6,7 %
Net margin
2,0 %
Debt / equity
0,57
Beta
52w range
Volume
Day range
Prev close
Open
Next earnings
Ex-dividend
TR 1Y
About

The company operates in the retail sector, focusing on specialty retail services, and generates revenue primarily through the sale of goods and services to consumers.

Business. The company operates in the retail sector, focusing on specialty retail services, and generates revenue primarily through the sale of goods and services to consumers.

Classification92 %
SectorConsumer Cyclicals
Business sectorRetailers
IndustryMiscellaneous Specialty Retailers
ActivityRetailers
Generated · model-assisted
Sell-side consensus
BUY4 analysts
3 buy1 hold0 sell
Avg 12m price target1,15

Analyst recommendations

4 analysts · consensus Buy
Buy3
Hold1
Sell0
12-month price target
1,15
Consensus of sell-side coverage.
Upcoming events
— missing data
See all catalysts →

At a glance

Score
not yet scored
Valuation
valuation pending
Analysts
Buy
4 analysts · indicative
Ownership
not yet wired
Profitability
6,7 %
return on equity
Quality
not yet scored

What drives this business

The watch-list the newsroom runs for this company — derived from its sector path, sharpened layer by layer. Not investment advice.

— missing data

News & coverage

0
  • No recent newsroom coverage mentioning 0178.
  • Sector rotation

    Sector1D1Mvs mkt
    Materials+2,3 %+6,6 %+1,7 %
    Communication Services+2,2 %−5,5 %+1,6 %
    Energy+0,6 %+3,3 %+0,0 %
    Health Care+0,6 %−0,8 %+0,0 %
    Information Technology+0,6 %+6,7 %+0,0 %
    Consumer Discretionary · THIS SECTOR+0,4 %+7,6 %−0,2 %
    Financials−0,3 %−2,8 %−0,9 %
    Consumer Staples−0,4 %+2,5 %−1,0 %
    Real Estate−0,7 %+10,9 %−1,3 %
    Industrials−1,9 %−3,1 %−2,5 %
    Utilities−1,9 %+28,2 %−2,5 %

    Developing storylines

    No tracked sagas currently linked to 0178.HK. Browse all sagas →

    Analysis

    AI analysis
    Generated · analysis pipeline · tier hybrid · as of 2026-08-04 ↑ At a glance

    Opportunity

    — missing data

    Upcoming catalysts

    Scheduled public events. Informational only — not investment advice.

    • Macro
    • Rate decisionBank of England rate decision (press conf.)2026-08-06 · GB
    • Rate decisionReserve Bank of Australia rate decision (press conf.)2026-08-12 · AU
    • Rate decisionNorges Bank rate decision (press conf.)2026-08-20 · NO
    • Rate decisionSveriges Riksbank rate decision (press conf.)2026-09-03 · SE
    • Rate decisionBank of Canada rate decision (press conf.)2026-09-09 · CA
    • Rate decisionEuropean Central Bank rate decision (press conf.)2026-09-10 · EU
    • Macro & political
    • ElectionSE Swedish Election2026-09-14 · SE
    • ElectionUS U.S. Midterms2026-11-03 · US
    • ElectionFR French Legislative2027-06-01 · FR

    Pre-earnings brief

    — missing data

    Signals & dispatch

    peak dispatch · —

    Composite-score breakdown

    Synthesis

    Business

    The company operates in the retail sector, focusing on specialty retail services, and generates revenue primarily through the sale of goods and services to consumers.

    Classification92 %
    SectorConsumer Cyclicals
    Business sectorRetailers
    IndustryMiscellaneous Specialty Retailers
    ActivityRetailers
    AI synthesis
    GENERATED

    The company maintains a relatively balanced capital structure, with a debt-to-equity ratio of 0.57, indicating moderate leverage. Its liquidity position is characterized by a current ratio of 1.61, suggesting the company can cover its short-term obligations with its current assets. However, the company's net cash position is negative after subtracting total debt, which raises some liquidity concerns.

    Profitability metrics show a return on equity of 6.65% and a return on assets of 3.31%, which are below the industry median for specialty retailers. This suggests the company is underperforming in terms of capital efficiency and asset utilization compared to its peers. The operating margin, calculated as operating income divided by revenue, is 2.70%, which is also below the industry median, indicating lower operational efficiency.

    The company's revenue is concentrated in a single business segment, with no disclosed geographic diversification. This lack of diversification increases the company's exposure to regional economic fluctuations and market-specific risks. The absence of segment or geographic breakdown in the financial data limits the ability to assess the company's exposure to different markets.

    Looking ahead, the company's growth trajectory is uncertain. The financial data does not provide forward-looking guidance, and the absence of disclosed revenue growth rates or capital expenditure plans makes it difficult to assess the company's future performance. The company's free cash flow of 237.96 million HKD suggests it has some capacity to fund operations and investments, but the lack of disclosed growth initiatives limits the visibility into future expansion.

    The company faces moderate liquidity risk, as indicated by the negative net cash position after subtracting total debt. The risk assessment also highlights the potential for dilution, although the current level is classified as low. The company has not disclosed any recent share issuance or dilution events, and the number of shares outstanding has remained unchanged between basic and diluted shares.

    Recent events and disclosures do not include any material changes in the company's operations or financial position. The company has not issued any new filings or transcripts that would indicate significant strategic shifts or operational challenges. The absence of recent events suggests a stable but unremarkable business environment for the company.

    Key takeaways
    • The company has a moderate debt-to-equity ratio of 0.57, indicating a balanced capital structure.
    • Return on equity of 6.65% and return on assets of 3.31% are below the industry median, suggesting underperformance in capital efficiency.
    • The company's revenue is concentrated in a single segment, increasing exposure to market-specific risks.
    • Free cash flow of 237.96 million HKD provides some financial flexibility, but the lack of disclosed growth initiatives limits visibility into future expansion.
    • The company faces moderate liquidity risk due to a negative net cash position after subtracting total debt.

    Bull / Bear case

    analysis pipeline
    — missing data

    In focus — financials by report

    Valuation

    Market price
    HK$0,84
    Market cap
    Enterprise value
    P/E
    Non-GAAP P/E
    EV / Revenue
    EV / Op income
    EV / OCF
    P / B
    P / Tangible book
    Tangible book
    HK$1.16B
    Net cash
    -HK$357.7M
    Current ratio
    1.6
    Debt / equity
    0.6
    ROA
    3.3%
    ROE
    6.7%
    Cash conversion
    658.0%
    CapEx / revenue
    -1.5%
    SBC / revenue
    Dilution ratio
    0.0%

    Revenue by segment

    Market share

    — missing data

    Business relationships

    — missing data

    Supply chain

    — missing data

    Peer comparison

    — missing data

    Market position

    Stress test

    — missing data

    Predictor forecast

    Next quarternear-term
    Earnings · next quarterconf 45 %
    EPS
    Consensus EPS
    0,05
    Predicted surprise
    +0,00
    Beat probability
    45 %
    Analysts
    4
    Other metrics
    Revenue
    no estimate
    Segment revenue
    no estimate
    Margin
    no estimate
    Segment margin
    no estimate
    as of 2026-05-04 · Earnings Surprise V1
    Period note: consensus is not fiscal-period-aligned at source — read as consensus vs the last reported actual, not a calibrated same-quarter surprise.
    Full fiscal year~1 year ahead
    Full fiscal year · our forecast vs guidance vs consensus
    MetricOur forecastGuidanceConsensus
    EPSno estimateno estimate0,05
    Revenueno estimateno estimate4,3B HKD
    Operating incomeno estimateno estimate162,2M HKD
    Full-year consensus mean (period as reported by source) · consensus in HKD. Company-level full-year forecast and management guidance are not yet modelled at scale — shown as "no estimate", never inferred.
    Probabilistic model output — not investment advice. · generated 2026-08-04

    Options

    — missing data

    Short squeeze

    — missing data

    Earnings-call key lines

    — missing data

    Consensus distribution

    sell-side coverage
    Recommendation distribution4 analysts
    Strong buy2
    Buy1
    Hold1
    Sell0
    Strong sell0
    12-month price targetHK$1,15 · Median HK$1,08
    Low HK$0,87High HK$1,57
    Operating income · consensus162,2M HKD
    EPS surprise
    −51,0 %
    reported vs consensus · miss
    Revenue surprise
    −7,4 %
    reported vs consensus · miss

    Estimate revisions

    consensus EPS · 26-week trend
    — missing data

    Sell-side observations

    LowHK$0,87
    MeanHK$1,15
    MedianHK$1,08
    HighHK$1,57
    SpotHK$0,84
    +36.9 %implied to mean12-month sell-side price targets · ▲ spot

    Themes

    — missing data

    ESG

    — missing data

    Risk factors

    Dilution riskLow
    Liquidity riskMedium
    Filing-based flags
    • Net cash is negative after subtracting total debt.

    Benchmarks vs cohort

    Op Margin2,7 %Below median
    Net Margin1,9 %Below median
    ROE6,7 %Above median
    Capex / Rev-1,5 %Above median
    D/E0,57Below median
    Cash Conv6,58Best in class

    Corporate actions / M&A

    — missing data

    FX exposure

    — missing data

    Comparable transactions

    — missing data

    Derivatives & instruments

    — missing data

    Actions

    Ask Handelsavisen

    — missing data
    Data sources
    • Market data
    • Market data cache
    • Issuer disclosures
    • Public news
    • Earnings transcripts
    • Consensus estimates
    • ESG data
    How metrics are computed
    • Dilution Ratio
      (shares_outstanding_diluted - shares_outstanding_basic) / shares_outstanding_basic
    • Net Cash
      cash_and_equivalents + short_term_investments - short_term_debt - long_term_debt
    • Capex To Revenue
      capital_expenditure / revenue
    • Return On Equity
      net_income / total_equity
    • Debt To Equity
      (short_term_debt + long_term_debt) / total_equity
    • Cash Conversion Ratio
      operating_cash_flow / net_income
    Source documents
    • 0178.HK Market data — financials · 2026-05-26
    • Sa Sa International Holdings Ltd Market data — analyst estimates · 2026-05-26

    Ownership & reference

    Insider activity

    — missing data

    Short positioning

    — missing data

    Geographic breakdown

    — missing data
    Listings · one canonical issuer all listings resolve to the canonical
    0178.HKCanonical
    HKEX · HKD

    Intel & risk

    PredictorBeat prob45 %Surprise+0,00Full forecast →
    peak dispatch · —
    OSINT findings
    Dilution riskLow
    Liquidity riskMedium
    Net cash is negative after subtracting total debt.

    Evidence & claims

    From filings & derived data
    — missing data

    The Thread

    Everything we know, in order
    2026-06-30 03:38 UTCEARNINGSUpcomingForecast: earnings_forecast (90d)
    The entity's full life in the product — typed, chronological, joined across Newspaper, Platform and Data. Our memory, made visible.
    Sources filings · IR · transcripts · market data · tier hybrid · as of 2026-08-04 Market data · Issuer disclosures · Public news · Earnings transcripts · Consensus estimates · ESG data Premium coverage