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Hong Kong Stock Exchange · Industrials

Invest in SK Target stock from India

Indian and foreign residents can buy SK Target (8427) shares directly through Paasa.

By Paasa · Updated

SK Target at a glance

Price
HK$3.20+HK$0.10 (3.06%)
Market cap
HK$52.33M
Day range
HK$3.11 – HK$3.24
P/E
-8.58
Dividend yield
None
Volume
6.80K
1 month
-13.04%
6 months
-69.08%
YTD
-87.90%
1 year
-91.10%
5 years
+753.33%

Live chart and statistics

SK Target statements, FY2021–FY2025

Fiscal year20252024202320222021
RevenueMYR 34.9MMYR 31.6MMYR 30.7MMYR 30.3MMYR 21.3M
Gross profitMYR 10.2MMYR 9.4MMYR 8.6MMYR 6.9MMYR 3.6M
Operating incomeMYR 1.1MMYR 1.3MMYR 356.0K−MYR 146.0K−MYR 2.0M
Net income−MYR 1.9MMYR 82.0KMYR 108.0KMYR 88.0K−MYR 1.9M
Earnings per share−MYR 0.12MYR 0.03MYR 0.01MYR 0.01−MYR 0.19
EBITDAMYR 3.8MMYR 2.5MMYR 2.6MMYR 2.2M−MYR 118.0K
Total assetsMYR 52.5MMYR 55.2MMYR 50.6MMYR 50.7MMYR 41.7M
Total debtMYR 4.6MMYR 7.0MMYR 3.9MMYR 4.3MMYR 1.4M
Cash and short-term investmentsMYR 24.2MMYR 21.6MMYR 28.2MMYR 28.1MMYR 22.8M
Shareholders' equityMYR 36.5MMYR 36.7MMYR 36.3MMYR 35.2MMYR 32.9M
Operating cash flowMYR 0.0MYR 6.5M−MYR 441.0KMYR 3.5M−MYR 845.0K
Free cash flowMYR 0.0MYR 2.5M−MYR 1.0MMYR 3.2M−MYR 1.0M
Capital expenditureMYR 0.0−MYR 3.9M−MYR 560.0K−MYR 297.0K−MYR 193.0K

Fiscal years as reported, the latest ending 31 May 2026. Figures in MYR; a dash means the provider reported nothing for that line.

Peer comparison

CompanyTickerPriceMarket cap
Trigiant1300.HKHK$2.91HK$5.14B
Pangaea Connectivity Technology1473.HKHK$1.36HK$1.60B
Maiyue Technology2501.HKHK$1.96HK$980.00M
SiS International0529.HKHK$2.11HK$586.51M
Chengdu SIWI Science and Technology1202.HKHK$1.44HK$574.00M
Maxnerva Technology Services1037.HKHK$0.62HK$434.30M
PINE Technology1079.HKHK$0.19HK$263.94M
China Strategic Technology1725.HKHK$0.24HK$198.06M

Peers as grouped by the data provider. This is not an investment recommendation.

How to invest in SK Target from India

  1. Step 1

    Open your Paasa account

    KYC takes a few minutes: PAN, Aadhaar and address proof. Your brokerage account is opened in your own name with Interactive Brokers.

  2. Step 2

    Add funds from your Indian bank account

    Remit up to $250,000 a year under the RBI's Liberalised Remittance Scheme. Your bank converts the rupees to US dollars at its rate on the day you remit, and Interactive Brokers converts the dollars to HKD when you buy.

  3. Step 3

    Search 8427 and buy

    Find SK Target by name or by its ticker, 8427, and place your order. Many Hong Kong listings trade in board lots, so the smallest order is one lot rather than one share.

Why invest in SK Target from India

What SK Target does

SK Target Group Limited, an investment holding enterprise, primarily focuses on the manufacturing and distribution of precast concrete junction boxes throughout Malaysia, branded under "Target." These concrete components are crucial for upgrading and expanding telecommunication and electrical infrastructures, as well as for various construction endeavors. The company's operations are divided into several key areas: Manufacturing and Trading, Other Building Materials and Services, Japanese Catering Services, and Sourcing Services. SK Target operates in the Electrical Equipment & Parts industry within the Industrials sector.

Paasa handles the paperwork

Investing abroad brings paperwork with it: remittance filings, capital gains reporting, foreign asset disclosure. Paasa prepares all of it for you. Your India-ready tax reports arrive at year end, ready to file.

Frequently asked questions

Can I buy SK Target stock from India?

Yes. Indian residents and NRIs can buy SK Target (8427) shares directly through Paasa. SK Target is listed on the Hong Kong Stock Exchange, in the Electrical Equipment & Parts industry. Your money leaves India under the RBI's Liberalised Remittance Scheme and the shares are held in your own name at Interactive Brokers.

Do I need to buy a full SK Target share?

Usually more than one, and not a fraction: many Hong Kong listings trade in board lots, so the smallest order is one lot rather than one share. At HK$3.20 a share, size the order by the lot, not by the share.

How are SK Target dividends taxed for Indian investors?

SK Target trades on the Hong Kong Stock Exchange but is domiciled in Malaysia, so any withholding on its dividends follows that country's rules rather than those of Hong Kong. Dividends are taxed at your slab rate in India. Paasa's dividend report shows the gross amount and any tax withheld for each payment.

What tax do I pay in India when I sell SK Target shares?

Hong Kong generally does not levy capital gains tax on non-resident individual investors for HKEX-listed stocks. In India, gains on shares held for more than 24 months are long-term and taxed at 12.5%, and gains on shares held for 24 months or less are short-term and taxed at your income-tax slab rate. Both are worked out in rupees at the HKD/INR rate on the day you bought and the day you sold, so the currency move is part of the gain. Paasa's capital-gains statement gives you the figures for your return.

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