Chow Sang Sang Hidden Gem

Chow Sang Sang is a hidden gem. As of the closing price on August 28, 2025, its Price-to-Book (P/B) ratio was 0.66.

 $CHOW SANG SANG(00116)$  

The company's assets are primarily current assets (85%), mainly consisting of gold, jewelry, Rolex watches... Inventory asset.

I find it hard to believe that such a company exists.

Given its consistent dividend payments over the past 15 years and a current Trailing Twelve Months (TTM) dividend yield of 4.95%, I believe the financial statement is real.

My conclusion is that the market has overlooked this small business, focusing instead on larger players, like $LAOPU GOLD(06181)$  $CHOW TAI FOOK(01929)$   , in this early bull market.

A P/B ratio of 0.66 suggests you can essentially buy gold at a 34% discount. While it sounds too good to be true, the numbers speak for themselves.