5 years of revenue, profit, cash flow and balance-sheet history through FY2025,
from SEC filings, in HKD as reported — with a computed, factual read of the trend.
Updated Overview →
Growth & profitability
Revenue has grown 13.1% per year over the past 4 years.
Operating margin has contracted, at -10.4% in the latest year.
Financial health
The company is unprofitable; at its current free-cash-flow burn it has roughly 1.5 years of cash runway.
Revenue & net income
RevenueNet income
Margins (gross / operating / net)
GrossOperatingNet
Return on equity & assets (ROE / ROA)
ROEROA
Free cash flow (CFO − capex)
Free cash flow
Cash vs total debt
CashTotal debt
Cash flow: operating / investing / financing
OperatingInvestingFinancing
Key annual figures
FY
Revenue
Net income
Gross M
Op M
ROE
ROA
FCF
Total debt
Cash
2025
HK$192M
-HK$18M
16.0%
-10.4%
-21.5%
-14.7%
-HK$17M
—
HK$25M
2024
HK$182M
HK$11M
26.1%
6.0%
10.9%
6.8%
HK$11M
—
HK$52M
2023
HK$164M
HK$10M
29.3%
6.6%
17.4%
8.6%
-HK$14M
—
HK$16M
2022
HK$136M
HK$8M
28.7%
5.0%
18.6%
8.3%
HK$2M
—
HK$25M
2021
HK$118M
HK$6M
30.6%
6.9%
14.0%
—
HK$16M
—
—
Valuation over time
How the market has priced SUGP against its own fundamentals since 2024-01 —
each month-end's share price set against the most recent annual filing, so the multiple moves
as price runs ahead of (or behind) earnings. Split-adjusted.
The price-to-earnings ratio has fallen from 1268.5× (Jan '24) to 201.0× (Aug '25).
The price-to-sales ratio has fallen from 76.0× (Jan '24) to 0.1× (Nov '26).
Price / earnings (P/E)
P/E
Price / sales (P/S)
P/S
Frequently asked questions
Is SUGP growing its revenue and profit?
Over the past 4 years, SU Group Holdings Ltd's revenue has grown 13.1% per year. These are computed facts, not advice.
How much debt does SUGP have?
As of FY2025, SU Group Holdings Ltd reported — of total debt against HK$25M of cash.
What is SUGP's profit margin?
In FY2025, gross margin was 16.0%, operating margin -10.4%, and net margin -9.6%.
Where does this data come from?
All figures are extracted from the company’s SEC EDGAR/XBRL filings — its annual and interim reports, in HKD as reported (valuation multiples convert at the Federal Reserve H.10 rate of each date, via FRED) (use the Annual / Quarterly toggle). Quarterly figures are derived from the as-filed statements (year-to-date amounts are differenced into discrete quarters). Growth rates and ratios are computed by tradmap; nothing here is investment advice.
Source: SEC EDGAR / XBRL (annual and interim filings, reported in HKD) · prices EOD (Databento), split-adjusted; price return — dividends not reinvested · FX: Federal Reserve H.10 via FRED (DEXHKUS; 1 HKD = 0.1275 USD on 2026-10-30), the rate of each date for the valuation history · This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis. ·
growth rates, valuation multiples & ratios computed by tradmap. Valuation uses each month-end price
against the latest annual filing. Informational only — not investment advice.