Deep Source Holdings Limited (HKG:0990)

Hong Kong · Delayed Price · Currency is HKD

0.5600

-0.0200 (-3.45%)

Sep 11, 2026, 4:08 PM HKT

Deep Source Holdings Financials Overview

Financials in millions HKD. Fiscal year is January - December.

Millions HKD. Fiscal year is Jan - Dec.

Revenue & Profits

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Revenue	26,305	21,352	40,914	55,377	39,091	34,645
Revenue Growth	23.19%	-47.81%	-26.12%	41.66%	12.83%	118.22%
Gross Profit	997.78	809.38	1,030	1,780	2,080	1,469
Operating Income	982.67	701.78	566.75	1,350	1,622	1,248
Net Income	776.66	719.66	296.24	1,201	1,207	997.97
Earnings Per Share	0.05	0.05	0.02	0.09	0.09	0.08
EPS Growth	3.48%	135.56%	-75.32%	-0.54%	16.24%	104.63%

Revenue by Segment

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Distribution, Trading and Processing	25,308	20,505	40,022	54,526	38,051	34,022
Financial Services	996.62	847.54	892.22	850.59	1,040	622.63
Total	26,305	21,352	40,914	55,377	39,091	34,645

Cash & Debt

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Cash & Investments	4,003	8,112	6,400	5,863	4,144	1,954
Total Debt	819.39	572.27	152.95	27.98	191.68	48.1
Net Cash (Debt)	3,184	7,540	6,247	5,835	3,952	1,906
Net Cash Growth	-57.77%	20.70%	7.07%	47.63%	107.35%	154.10%
Net Cash Per Share	0.22	0.54	0.46	0.43	0.29	0.15

Cash Flow & CapEx

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Operating Cash Flow	1,792	1,563	4,389	3,071	6,646	4,858
Capital Expenditures	-142.46	-6.75	-11.88	-14.28	-29.46	-131.41
Free Cash Flow	1,650	1,556	4,377	3,057	6,617	4,726
Free Cash Flow Growth	5.98%	-64.44%	43.17%	-53.80%	40.00%	-23.48%

Margins

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Gross Margin	3.79%	3.79%	2.52%	3.21%	5.32%	4.24%
Operating Margin	3.74%	3.29%	1.39%	2.44%	4.15%	3.60%
Pretax Margin	4.34%	4.34%	1.06%	2.75%	4.45%	3.74%
Profit Margin	2.95%	3.37%	0.72%	2.17%	3.09%	2.88%
FCF Margin	6.27%	7.29%	10.70%	5.52%	16.93%	13.64%

Dividends

Fiscal Year	FY 2023
Period Ending	Dec '23 Dec 31, 2023
Dividend Per Share	0.020
Dividend Per Share Growth	-
Dividend Yield	4.31%

Valuation

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep '26 Sep 13, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
PE Ratio	10.11	13.90	18.19	5.38	8.82	11.74
P/FCF Ratio	5.02	6.43	1.23	2.12	1.61	2.48
PS Ratio	0.32	0.47	0.13	0.12	0.27	0.34