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S

Stella International Holdings 1836.HK · HKD

Consumer Discretionary · HKEX · 🇭🇰 Hong Kong

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13.65

-0.22%

Close of 9 Nov 2026, in HKD

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At a glance

Figures in USD, from our data supplier.

FY2025

Revenue

$1.57bn

FY2016FY2025

Net income

$138.0m

FY2016FY2025

Free cash flow

$116.0m

FY2016FY2025

Shareholders' equity

$1.10bn

FY2016FY2025

Income statement

Fiscal years

FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Revenue$1.57bn$1.55bn$1.49bn$1.63bn$1.54bn$1.14bn$1.54bn$1.59bn$1.58bn$1.55bn
Gross profit$342.3m$384.0m$366.7m$352.1m$316.8m$201.7m$293.6m$277.1m$270.2m$290.5m
Research and development$52.4m$47.6m$40.0m$40.3m$42.4m$44.4m$56.3m$53.6m$56.7m$62.0m
Operating income$149.3m$183.4m$159.4m$132.5m$103.0m$2.0m$100.0m$49.3m$42.5m$49.3m
Net income$138.0m$171.0m$141.1m$118.0m$89.7m$1.7m$95.9m$62.2m$59.7m$81.2m
Diluted earnings per share0.160.210.180.150.110.000.120.080.080.10

Balance sheet

At each fiscal year end

FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Total assets$1.44bn$1.42bn$1.36bn$1.26bn$1.30bn$1.15bn$1.13bn$1.17bn$1.23bn$1.17bn
Cash and short-term investments$373.2m$423.6m$294.5m$213.6m$135.7m$109.3m$68.3m$63.6m$230.4m$149.5m
Total liabilities$329.6m$305.8m$292.2m$242.1m$281.5m$225.7m$174.2m$219.7m$260.5m$194.7m
Debt$16.3m$12.0m$15.2m$22.2m$29.0m$22.6m$7.7m$65.4m$63.3m$3.4m
Shareholders' equity$1.10bn$1.10bn$1.05bn$998.9m$998.6m$924.6m$959.7m$953.4m$971.6m$978.9m
Shares outstanding848m834m795m792m794m793m795m793m793m793m

Cash flow

Fiscal years

FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Cash from operations$207.3m$264.1m$229.2m$240.1m$120.3m$170.5m$223.5m$94.6m$45.6m$101.5m
Capital spending−$91.3m−$67.0m−$67.6m−$57.9m−$55.7m−$51.1m−$66.1m−$53.5m−$39.1m−$75.0m
Free cash flow$116.0m$197.1m$161.5m$182.1m$64.5m$119.4m$157.4m$41.1m$6.5m$26.5m
Dividends paid−$169.4m−$131.6m−$88.1m−$99.1m−$21.4m−$46.1m−$86.1m−$60.8m−$71.3m−$87.0m

Latest quarters

By quarter end

Jun 2026Dec 2025Jun 2025Dec 2024Jun 2024Dec 2023Jun 2023Mar 2023
Revenue$784.8m$795.2m$387.5m$775.1m$770.0m$776.6m$716.1m$358.0m
Gross profit$159.4m$167.2m$87.6m$185.1m$198.9m$201.0m$165.8m$82.9m
Operating income$61.3m$64.3m$42.5m$85.7m$97.7m$92.4m$60.2m$29.8m
Net income$63.9m$59.4m$39.3m$79.1m$91.9m$85.4m$55.7m$27.6m
Diluted earnings per share0.080.070.050.090.110.110.070.04
Cash from operations−$44.0m$196.0m$1.0m$164.0m$99.0m$200.0m$28.0m—
Capital spending−$63.0m−$58.0m−$16.0m−$43.0m−$23.0m−$33.0m−$22.0m—
Free cash flow−$107.0m$138.0m−$15.0m$121.0m$76.0m$167.0m$6.0m—
Total assets$1.39bn$1.44bn$1.45bn$1.42bn$1.41bn$1.36bn$1.27bn—
Cash and short-term investments$210.2m$373.2m$350.8m$423.6m$334.6m$294.5m$177.5m—
Debt$21.5m$16.3m$67.7m$12.0m$16.2m$15.2m$24.2m—
Shareholders' equity$1.08bn$1.10bn$1.08bn$1.10bn$1.09bn$1.05bn$1.01bn—

Financial ratios

Data as of 1 Nov 2026

FY2025FY2024FY2023FY2022FY2021FY2020
Gross margin21.8%24.8%24.6%21.6%20.6%17.8%
Operating margin9.5%11.1%10.9%9.0%7.2%0.9%
Net margin8.8%11.1%9.5%7.2%5.8%0.1%
Return on equity12.6%15.5%13.4%11.8%9.0%0.2%
Return on assets9.6%12.0%10.4%9.4%6.9%0.1%
Free cash flow yield2.7%3.0%2.9%2.9%1.7%2.1%
Revenue growth1.6%3.5%-8.5%5.9%35.6%-26.5%
Earnings growth-19.3%21.2%19.5%31.6%5223.1%-98.2%
Current ratio2.88x3.20x3.12x3.30x2.85x2.97x
Debt to equity0.01x0.01x0.01x0.01x0.01x0.01x
Equity ratio76.1%77.4%77.3%79.4%76.9%80.4%
Interest coverage197.92x233.13x172.09x155.19x304.43x18.77x
R&D as a share of sales3.3%3.1%2.7%2.5%2.8%3.9%
Buybacks as a share of market value-1.6%-5.0%-0.3%0.3%-0.2%0.2%

Growth per year

Compound annual rate

3 years5 years10 years
Revenue-1.3%6.7%-1.2%
Operating income4.1%136.0%2.8%
Net income5.3%141.4%1.4%

Average margins

Over each period

1 year3 years5 years10 years
Gross margin23.3%23.2%22.0%20.5%
Operating margin10.7%10.0%8.2%6.4%
Net margin9.9%9.1%7.4%6.4%

Valuation history

At each fiscal year end

FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Price to earnings11.810.36.66.310.7—13.315.120.115.7
Price to sales1.01.10.60.50.60.80.80.60.80.8

Dividends and splits

Per share, in the currency the company pays

Paid for 19 years. Last went ex-dividend on 2 Sept 2026.

FY2026FY2025FY2024FY2023FY2022FY2021FY2020FY2019
Paid in the year0.1721.021.260.870.980.210.450.85

Sources and methodology

Data on this tab
Our data supplier
Chart on the Overview
TradingView

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