---
title: "Shangshan Gold International Holdings Limited (01939.HK)"
type: "quote"
locale: "en"
url: "https://longbridge.com/en/quote/01939.HK.md"
symbol: "01939.HK"
name: "Shangshan Gold International Holdings Limited"
industry: "Specialized Consumer Services"
---

# Shangshan Gold International Holdings Limited (01939.HK)

| Item | Detail |
|------|--------|
| Industry | Specialized Consumer Services |
| Location | HK Market |
| Website | [www.shangshan-gold.com](https://www.shangshan-gold.com) |

## Company Profile

Shangshan Gold International Holdings Limited, an investment holding company, provides auction, artwork sales, and related services in Hong Kong and Japan. It offers auctions for Chinese and Japanese artworks, such as paintings and calligraphies, antiques, and teawares under the Tokyo Chuo Auction b...

## Financial Score

> *Longbridge Financial Score™ — Proprietary multi-factor rating model by [Longbridge](https://longbridge.com). This score is independently calculated by Longbridge and is not affiliated with any third-party rating agency.*
> Updated: 2026-02-20T04:30:12.000Z

**Overall: C (0.51)**

**Industry**: Specialized Consumer Services

| Metric | Value |
|--------|-------|
| Industry Ranking | 10 / 28 |
| Industry Median | C |
| Industry Average | C |

- **Style**: Blend - Stocks in which the company has both growth and mature businesses.
- **Scale**: Small - The company's operation has a high degree of growth and volatility, making it easy to achieve high investment returns.

### Score Analysis

**Style Score**: 

#### Growth Score: 

| Indicator | Value | Rating |
|-----------|-------|--------|
| Revenue YoY | 85.29% |  |
| Net Profit YoY | 39.66% |  |

#### Value Score: 

| Indicator | Value | Rating |
|-----------|-------|--------|
| P/B Ratio | 1.65 |  |
| Dividend Ratio | 0.00% |  |


**Size Score**: 

#### Market Cap Score: 

| Indicator | Value | Rating |
|-----------|-------|--------|
| Market Cap | 368.56M |  |

#### Revenue Score: 

| Indicator | Value | Rating |
|-----------|-------|--------|
| Revenue | 106.64M |  |


**Multi Score**: C

#### Profit Score: D

| Indicator | Value | Rating |
|-----------|-------|--------|
| ROE | -7.74% | D |
| Profit Margin | -16.77% | D |
| Gross Margin | 44.11% | B |

#### Growth Score: A

| Indicator | Value | Rating |
|-----------|-------|--------|
| Revenue YoY | 85.29% | A |
| Net Profit YoY | 39.66% | B |
| Total Assets YoY | 4.94% | C |
| Net Assets YoY | -6.60% | D |

#### Cash Score: C

| Indicator | Value | Rating |
|-----------|-------|--------|
| Cash Flow Margin | -596.22% | E |
| OCF YoY | 85.29% | A |

#### Operating Score: D

| Indicator | Value | Rating |
|-----------|-------|--------|
| Turnover | 0.24 | D |

#### Debt Score: C

| Indicator | Value | Rating |
|-----------|-------|--------|
| Gearing Ratio | 50.05% | C |


```chart-data:radar
{
  "title": "Longbridge Financial Score - Shangshan Gold International Holdings Limited",
  "chart_type": "radar",
  "dimensions": [
    {
      "name": "Profit",
      "grade": "D",
      "indicators": [
        {
          "name": "ROE",
          "value": "-7.74%",
          "rating": "D"
        },
        {
          "name": "Profit Margin",
          "value": "-16.77%",
          "rating": "D"
        },
        {
          "name": "Gross Margin",
          "value": "44.11%",
          "rating": "B"
        }
      ]
    },
    {
      "name": "Growth",
      "grade": "A",
      "indicators": [
        {
          "name": "Revenue YoY",
          "value": "85.29%",
          "rating": "A"
        },
        {
          "name": "Net Profit YoY",
          "value": "39.66%",
          "rating": "B"
        },
        {
          "name": "Total Assets YoY",
          "value": "4.94%",
          "rating": "C"
        },
        {
          "name": "Net Assets YoY",
          "value": "-6.60%",
          "rating": "D"
        }
      ]
    },
    {
      "name": "Cash",
      "grade": "C",
      "indicators": [
        {
          "name": "Cash Flow Margin",
          "value": "-596.22%",
          "rating": "E"
        },
        {
          "name": "OCF YoY",
          "value": "85.29%",
          "rating": "A"
        }
      ]
    },
    {
      "name": "Operating",
      "grade": "D",
      "indicators": [
        {
          "name": "Turnover",
          "value": "0.24",
          "rating": "D"
        }
      ]
    },
    {
      "name": "Security",
      "grade": "C",
      "indicators": [
        {
          "name": "Gearing Ratio",
          "value": "50.05%",
          "rating": "C"
        }
      ]
    }
  ]
}
```

### Peer Comparison

| Rank | Name | Profit | Growth | Operation | Security | Cash | Rating |
|------|------|--------|--------|-----------|----------|------|--------|
| 01 | BEAUTYFARM MED (HK.2373) | A | A | B | E | B | B |
| 02 | FAMEGLOW (HK.8603) | A | A | A | D | A | B |
| 03 | SLD GROUP (HK.2262) | C | B | B | B | B | B |
| 04 | GLORIOUS SUN (HK.393) | C | C | D | A | C | C |
| 05 | AUTOSTREETS (HK.2443) | C | D | D | B | C | C |

## Valuation Analysis

| Metric | Current | Industry Ranking | High | Median | Low |
|--------|---------|-----------------|------|--------|-----|
| PE (TTM) | -20.61 | 24/29 | - | - | - |
| PB | 1.65 | 14/29 | 18.69 | 3.14 | 1.79 |
| PS (TTM) | 3.46 | 22/29 | 66.64 | 13.03 | 4.00 |
| Dividend Yield | 0.00% | - | - | - | - |

## References

- [Company Overview](https://longbridge.com/en/quote/01939.HK/overview.md) - Shareholders, executives, business segments
- [Financials](https://longbridge.com/en/quote/01939.HK/norm.md) - Income statement, balance sheet, cash flow, distribution plan
- [Topics & Discussions](https://longbridge.com/en/quote/01939.HK/topics.md) - Community topics and discussions

---

> **Disclaimer**: This article is for reference only and does not constitute any investment advice.