Gemini Investments (Holdings) Limited (0174) AI Stock Analysis

• Market Cap: HK$136.65M
• Dividend Yield: N/A
• Average Volume (3M): 48.67K
• Price to Earnings (P/E): ―
• Beta (1Y): 0.49
• Revenue Growth: -22.77%
• EPS Growth: 40.53%
• Country: HK
• Employees: 85
• Sector: Real Estate
• Sector Strength: 53
• Industry: Asset Management
• EPS (TTM): -0.19
• Shares Outstanding: 635,570,000
• 10 Day Avg. Volume: 44,800
• 30 Day Avg. Volume: 48,666
• PEG Ratio: 0.02
• Price to Book (P/B): 0.03
• Price to Sales (P/S): 0.12
• P/FCF Ratio: 0.38
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: Hold
• Number of Analyst Covering: 0
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 44 Neutral
• Price Target: HK$0.21 ▼(-3.18% Downside)

The overall stock score is primarily impacted by financial performance issues, including persistent net losses and cash flow challenges. Technical analysis indicates a bearish trend, while valuation is poor due to a negative P/E ratio and lack of dividend yield. These factors collectively suggest significant financial instability and limited attractiveness.

Positive Factors

Strong Gross Margins

A strong gross margin indicates efficient cost management and pricing power, which can support profitability improvements over time.

High EBIT Margin

A high EBIT margin suggests operational efficiency and the potential for profitability if revenue growth stabilizes.

Improved Equity Ratio

An improved equity ratio enhances financial stability and reduces risk, providing a stronger foundation for future growth.

Negative Factors

Persistent Net Losses

Ongoing net losses indicate profitability issues, which can hinder long-term growth and investor confidence.

High Leverage

High leverage can increase financial risk and limit flexibility, potentially impacting the company's ability to invest in growth.

Declining Operating Cash Flow

Declining operating cash flow suggests challenges in generating cash from operations, which can affect liquidity and investment capacity.

Gemini Investments (Holdings) Limited Business Overview & Revenue Model

Company Description

Gemini Investments (Holdings) Limited, an investment holding company, engages in property investment and development, and other businesses in Hong Kong, the United States, and internationally. It leases office and residential properties; develops commercial and residential properties; and invests in various investment funds, securities, and other investments. The company also invests in real estate fund platform. The company was formerly known as Gemini Property Investments Limited and changed its name to Gemini Investments (Holdings) Limited in July 2011. The company was incorporated in 1987 and is based in Central, Hong Kong.

How the Company Makes Money

Gemini Investments generates revenue primarily through the rental income derived from its property portfolio, which includes commercial spaces, residential units, and retail properties. Additionally, the company may earn capital appreciation from the sale of properties and real estate investments. Key revenue streams include leasing agreements, property management fees, and potential gains from property development projects. Partnerships with real estate firms and financial institutions also play a significant role in enhancing its investment capabilities and market reach, contributing to overall earnings.

Gemini Investments (Holdings) Limited Financial Statement Overview

Summary

Gemini Investments shows strong gross margins and EBIT, but persistent net losses and cash flow challenges are concerning. High leverage and fluctuating revenues indicate financial instability, requiring careful management to improve profitability and cash flow sustainability.

Income Statement

The company's gross profit margin is strong at 60.9% for 2024, but net profit margin is negative due to net losses. Revenue growth has been erratic, with a decline from 2023 to 2024. Despite a high EBIT margin of 43.1% in 2024, consistent net losses indicate profitability issues.

Balance Sheet

The company has a high debt-to-equity ratio, indicating significant leverage. However, the equity ratio improved in 2024, with stockholders' equity turning positive. ROE remains negative, reflecting ongoing net losses and potential financial instability.

Cash Flow

The operating cash flow has declined sharply from 2023 to 2024, and free cash flow is not available for 2024, highlighting cash flow management challenges. Historically, the company has struggled with consistent positive free cash flow.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	657.25M	1.05B	1.06B	1.06B	1.23B	603.86M
Gross Profit	430.67M	638.20M	471.67M	705.45M	904.40M	439.66M
EBITDA	195.69M	336.49M	251.95M	208.22M	628.49M	380.53M
Net Income	-123.47M	-94.84M	-655.88M	-295.97M	-8.11M	-233.24M
Balance Sheet
Total Assets	9.57B	10.12B	10.53B	13.31B	16.02B	17.96B
Cash, Cash Equivalents and Short-Term Investments	391.01M	495.85M	583.23M	908.79M	1.15B	1.71B
Total Debt	3.44B	4.26B	3.98B	5.30B	6.16B	8.05B
Total Liabilities	4.41B	4.86B	5.07B	6.89B	8.72B	10.77B
Stockholders Equity	4.24B	4.34B	-61.57M	5.11B	5.41B	5.39B
Cash Flow
Free Cash Flow	82.62M	341.79M	615.39M	554.98M	261.71M	-176.71M
Operating Cash Flow	86.62M	451.57M	631.22M	639.61M	386.25M	-85.98M
Investing Cash Flow	-37.83M	-25.44M	722.69M	1.37B	624.09M	512.72M
Financing Cash Flow	-170.71M	-492.28M	-1.69B	-2.05B	-1.35B	-238.22M

Gemini Investments (Holdings) Limited Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 0.22
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For HK:0174, the sentiment is Negative. The current price of 0.22 is below the 20-day moving average (MA) of 0.23, below the 50-day MA of 0.23, and below the 200-day MA of 0.22, indicating a bearish trend. The MACD of <0.01 indicates Negative momentum. The RSI at 44.95 is Neutral, neither overbought nor oversold. The STOCH value of 79.60 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for HK:0174.

Gemini Investments (Holdings) Limited Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
Sector *	65 Neutral	$2.17B	12.19	3.79%	4.94%	3.15%	1.96%
0768	65 Neutral	HK$50.87M	4.26	12.66%	―	64.51%	104.35%
1217	57 Neutral	HK$166.42M	8.13	3.56%	―	38.96%	700.00%
0174	44 Neutral	HK$136.65M	-0.75	―	―	-22.77%	40.53%
0612	42 Neutral	HK$523.08M	-4.65	-20.26%	―	-166.78%	85.53%
0204	41 Neutral	HK$39.43M	-0.05	-53.23%	―	-26.78%	-166.41%

Gemini Investments (Holdings) Limited Corporate Events

Gemini Investments Announces Major U.S. Property Sale

Gemini Investments (Holdings) Limited has announced a major transaction involving the sale of properties in the U.S. through its real estate fund platform. The transaction, valued at approximately US$30 million, is considered a major transaction under Hong Kong’s Listing Rules, requiring shareholder approval. The company plans to obtain written approval from major shareholders, potentially exempting it from convening a general meeting. This move is expected to streamline the approval process and align with regulatory requirements.