Professional
Added to YB: 2026-08-13
Pitch date: 2026-08-12
1161.HK [bullish]
Water Oasis Group Limited
Author Info
Bilbel Capital is a closed family investment fund, founded in February 2022. Since its inception, the fund's returns have exceeded 700%. Sign up for the newsletter.
Company Info
Water Oasis Group Limited, together with its subsidiaries, operates beauty service centers in Hong Kong, Macau, and the People's Republic of China.
Market Cap
HKD 946.0M
Pitch Price
N/A
Price Target
N/A
Dividend
4.32%
EV/EBITDA
0.62
P/E
9.86
EV/Sales
0.19
Sector
Diversified Consumer Services
Category
value
Growing 15% a Year. Below Net Cash. 6× Earnings. - Water Oasis
1161.HK: HK beauty-services leader, 93% rev from services compounding 14.9%/yr since 2002. Trades below net cash: HK$900M mkt cap vs HK$1B cash + HK$170M properties, ~6x earnings (HK$160M/yr). Family owns 70%, pays 90% profit as divs (+43% in May 2026). Buys distressed HK clinics at 6x profit (25-40% ROI). Cash to divs/M&A = worth well above price.
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