Estados financieros detallados de SU Group Holdings Limited Ordinary Shares (SUGP): cuenta de resultados, balance general y flujo de caja. Sigue la evolución de márgenes, deuda, liquidez y rentabilidad año a año con hasta 20 años de histórico.
Resumen del Análisis
SU Group Holdings Limited Ordinary Shares registró ingresos de $192.0M en el último ejercicio fiscal, con un CAGR de 5 años del 75.7%.
Márgenes de los últimos 12 meses: margen bruto 14.3%, margen operativo -12.5%, margen neto -11.7%.
Al precio actual de $0.50, SUGP presenta beneficios negativos (P/E no significativo) y un ROE del -17.78%. La capitalización bursátil es de $1M.
Cuenta de Resultados (10 años)
| Año | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|
| Ingresos | $11.5M | $117.6M | $136.4M | $163.7M | $182.2M | $192.0M |
| Coste de Ventas | $8.0M | $10.5M | $12.4M | $115.6M | $134.6M | $161.3M |
| Beneficio Bruto | $3.4M | $4.6M | $5.0M | $48.0M | $47.6M | $30.7M |
| I+D | 0 | $2215 | $25571 | 0 | 0 | 0 |
| Generales y Administrativos | $1.6M | $4.1M | $3.9M | $36.8M | $36.0M | $48.6M |
| Gastos Operativos | $1.6M | $4.1M | $3.9M | $37.3M | $36.7M | $48.6M |
| Beneficio Operativo | $1.8M | $8.1M | $6.8M | $10.8M | $10.9M | -$17.9M |
| EBITDA | $2.4M | $7.0M | $10.9M | $14.9M | $15.4M | -$15.2M |
| Gastos por Intereses | $46695 | $244202 | $82843 | $55080 | $189749 | $148591 |
| Beneficio Antes de Impuestos | $1.9M | $9.1M | $10.2M | $12.1M | $12.0M | -$19.1M |
| Impuestos | $322133 | $3.1M | $2.0M | $2.3M | $1.3M | -$642070 |
| Beneficio Neto | $1.6M | $5.8M | $7.8M | $9.7M | $10.7M | -$18.4M |
| BPA | $0.32 | $0.44 | $0.59 | $0.81 | $0.82 | $-13.33 |
| BPA Diluido | $0.32 | $0.44 | $0.59 | $0.81 | $0.82 | $-13.33 |
| Acciones en Circulación (Diluidas) | $5.0M | $13.2M | $13.2M | $12.0M | $13.0M | $1.4M |
Cuenta de Resultados (Trimestral)
| Año | 2024-Q3 | 2024-Q4 | 2025-Q1 | 2025-Q3 |
|---|
| Ingresos | $45.2M | $54.0M | $54.0M | $84.1M |
| Beneficio Bruto | $10.5M | $11.0M | $11.0M | $8.7M |
| Beneficio Operativo | $275858 | -$2.4M | -$2.4M | -$15.0M |
| EBITDA | $751358 | -$1.0M | -$1.0M | -$13.1M |
| Beneficio Neto | $264809 | -$2.3M | -$2.3M | -$13.9M |
| BPA | $0.02 | $-1.64 | $-1.64 | $-9.49 |
| BPA Diluido | $0.02 | $-1.64 | $-1.64 | $-9.49 |
Balance (10 años)
| Año | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|
| Caja y Equivalentes | $804551 | $31.1M | $25.2M | $16.4M | $52.3M | $25.4M |
| Inversiones a Corto | 0 | 0 | 0 | 0 | 0 | 0 |
| Cuentas por Cobrar | $3.7M | $32.6M | $28.4M | $38.2M | $28.3M | $38.0M |
| Inventario | $1.3M | $17.9M | $22.7M | $40.9M | $47.6M | $25.8M |
| Activos Corrientes | $5.9M | $82.4M | $77.2M | $97.1M | $135.3M | $96.2M |
| Inmovilizado Material | $3.6M | $1.9M | $1.6M | $9.5M | $14.4M | $12.9M |
| Fondo de Comercio | $163980 | $1.3M | $1.3M | $1.3M | $1.3M | $1.3M |
| Activos Intangibles | 0 | $167463 | $229880 | $144879 | $268500 | $194100 |
| Activos Totales | $9.8M | $12.8M | $11.9M | $114.4M | $157.1M | $127.8M |
| Cuentas por Pagar | $1.2M | $5.6M | $3.2M | $16.1M | $8.6M | $7.6M |
| Deuda a Corto | $1.2M | $2.0M | $2.9M | $3.5M | $2.4M | $3.9M |
| Pasivos Corrientes | $5.4M | $53.4M | $47.7M | $54.5M | $53.3M | $34.1M |
| Deuda a Largo | $114696 | 0 | 0 | 0 | 0 | $3.5M |
| Pasivos Totales | $6.1M | $7.4M | $6.6M | $58.0M | $59.4M | $41.6M |
| Reservas | $3.6M | $32.3M | $32.1M | $41.8M | $51.3M | $32.8M |
| Patrimonio Neto | $3.7M | $40.3M | $40.1M | $56.4M | $97.7M | $86.2M |
| Deuda Total | $1.4M | $2.9M | $3.5M | $3.8M | $7.3M | $11.0M |
| Deuda Neta | $561999 | -$28.2M | -$21.7M | -$12.6M | -$45.0M | -$14.3M |
| Capital Circulante | $462140 | $29.0M | $29.5M | $42.6M | $82.1M | $62.1M |
Balance (Trimestral)
| Año | 2024-Q3 | 2024-Q4 | 2025-Q1 | 2025-Q3 |
|---|
| Caja y Equivalentes | $52.3M | $40.9M | $40.9M | $25.4M |
| Activos Totales | $157.1M | $134.8M | $134.8M | $127.8M |
| Pasivos Totales | $59.4M | $39.2M | $39.2M | $41.6M |
| Patrimonio Neto | $97.7M | $95.6M | $95.6M | $86.2M |
| Deuda Total | $7.3M | $4.0M | $4.0M | $7.5M |
Flujo de Caja (10 años)
| Año | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|
| Beneficio Neto | $1.6M | $747009 | $992378 | $9.8M | $10.7M | -$18.4M |
| Amortizaciones | $418594 | $4.1M | $3.6M | $2.7M | $3.2M | $3.7M |
| Compensación en Acciones | 0 | 0 | 0 | 0 | 0 | 0 |
| Cambio en Capital Circulante | $311387 | $13.5M | -$1.1M | -$33.3M | $400524 | -$15.0M |
| Flujo de Caja Operativo | $2.4M | $2.4M | $569387 | -$13.5M | $14.1M | -$15.4M |
| Inversiones (CapEx) | -$3.5M | -$372301 | -$293775 | -$775120 | -$3.2M | -$1.6M |
| Adquisiciones | -$125373 | $2.3M | $6136 | -$1000 | 0 | 0 |
| Recompra de Acciones | 0 | 0 | 0 | 0 | 0 | 0 |
| Dividendos Pagados | 0 | -$16.9M | -$8.0M | 0 | 0 | 0 |
| Flujo de Caja Libre | -$1.0M | $2.0M | $275612 | -$14.3M | $10.9M | -$17.1M |
Flujo de Caja (Trimestral)
| Año | 2024-Q3 | 2024-Q4 | 2025-Q1 | 2025-Q3 |
|---|
| Flujo de Caja Operativo | 0 | -$5.3M | -$5.3M | -$4.8M |
| Inversiones (CapEx) | 0 | -$504050 | -$504050 | -$625170 |
| Flujo de Caja Libre | 0 | -$5.8M | -$5.8M | -$5.4M |
| Dividendos Pagados | 0 | 0 | 0 | 0 |
| Compensación en Acciones | 0 | $1.2M | $1.2M | 0 |
Crecimiento y Márgenes (10 años)
| Año | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|
| Crecimiento Ingresos (anual) | | +926.5% | +16.1% | +20.0% | +11.3% | +5.4% |
| Crecimiento Beneficio Neto (anual) | | +265.2% | +33.9% | +24.9% | +9.9% | -273.2% |
| Crecimiento BPA (anual) | | +37.5% | +34.1% | +37.3% | +1.2% | -1725.6% |
| Cambio en Acciones (anual) | | +165.0% | +0.0% | -9.4% | +8.6% | -89.4% |
| Crecimiento FCF (anual) | | +297.7% | -86.4% | -5294.0% | +175.8% | -257.3% |
| Margen Bruto | 29.8% | 3.9% | 3.7% | 29.3% | 26.1% | 16.0% |
| Margen Operativo | 16.1% | 6.9% | 5.0% | 6.6% | 6.0% | -9.3% |
| Margen EBITDA | 20.7% | 5.9% | 8.0% | 9.1% | 8.5% | -7.9% |
| Margen Neto | 13.9% | 4.9% | 5.7% | 5.9% | 5.8% | -9.6% |
| Margen FCF | -8.9% | 1.7% | 0.2% | -8.7% | 6.0% | -8.9% |
| Tasa Impositiva Efectiva | 16.9% | 33.9% | 19.3% | 19.3% | 10.9% | 3.4% |
Datos por Acción (10 años)
| Año | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|
| FCF por Acción | $-0.20 | $0.15 | $0.02 | $-1.19 | $0.83 | $-12.33 |
| Dividendo por Acción | $0.00 | $1.28 | $0.60 | $0.00 | $0.00 | $0.00 |
| Acciones en Circulación (Básicas) | $5.0M | $13.2M | $13.2M | $12.0M | $13.0M | $1.4M |
Qué mirar en Industrials
Aeroespacial, defensa, maquinaria, transporte. Semi-cíclicos. Clave: backlog, márgenes operativos, y conversión de FCF.
- Crecimiento ingresos 5y — Sin crecimiento, no hay creación de valor a largo plazo
- Margen operativo — El mejor indicador de disciplina operativa en industriales
- ROIC — Industriales de calidad tienen ROIC >15% — el resto destruyen capital
- FCF conversion — FCF / Net Income — en industriales bueno >85%
- Deuda neta / EBITDA — Industriales cíclicos con deuda alta sufren mucho en recesión
- Capex / Ingresos — Mantener la maquinaria. <4% = posible infraversión (deterioro futuro)
- Altman Z-Score — Modelo de bankruptcy (NYU 1968) — combina liquidez, apalancamiento y rentabilidad. Clave en cíclicos
Rentabilidad
| Rentabilidad sobre capital | -17.78% |
| Rentabilidad sobre capital invertido | -16.90% |
| Rentabilidad sobre activos | -12.65% |
| Margen bruto | 14.29% |
| Margen operativo | -12.54% |
| Margen neto | -11.71% |
Salud financiera
| Deuda / Patrimonio | 0.09 |
| Ratio corriente | 2.82 |
Ratios Clave (10 años)
| Año | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|
| P/E | 4844.23 | 3538.76 | 2660.76 | 1933.38 | 639.82 | -13.87 |
| P/VC | 2069.04 | 511.65 | 518.91 | 333.05 | 69.94 | 2.97 |
| P/V | 676.77 | 175.48 | 152.44 | 114.80 | 37.52 | 1.33 |
| Margen Bruto | 29.8% | 3.9% | 3.7% | 29.3% | 26.1% | 16.0% |
| Margen Operativo | 16.1% | 6.9% | 5.0% | 6.6% | 6.0% | -9.3% |
| Margen Neto | 13.9% | 4.9% | 5.7% | 5.9% | 5.8% | -9.6% |