Kader Holdings Co. Ltd. (0180) AI Stock Analysis

• Market Cap: HK$218.64M
• Dividend Yield: N/A
• Average Volume (3M): 30.60K
• Price to Earnings (P/E): ―
• Beta (1Y): 0.31
• Revenue Growth: -7.74%
• EPS Growth: -150.19%
• Country: HK
• Employees: 768
• Sector: Consumer Cyclical
• Sector Strength: 60
• Industry: Leisure
• EPS (TTM): -0.20
• Shares Outstanding: 950,587,950
• 10 Day Avg. Volume: 5,600
• 30 Day Avg. Volume: 30,600
• PEG Ratio: 0.05
• Price to Book (P/B): 0.11
• Price to Sales (P/S): 0.00
• P/FCF Ratio: 76.14
• 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: N/A
• Number of Analyst Covering: 0

• Rating: 41 Neutral
• Price Target: HK$0.00 ▼(-100.00%Downside)

The overall stock score for Kader Holdings Co. Ltd. is driven by its weak financial performance and valuation. Significant net losses and lack of cash flow highlight operational challenges. Technical analysis indicates a bearish trend, further contributing to the low score. The negative P/E ratio and absence of a dividend yield diminish the stock's attractiveness.

Kader Holdings Co. Ltd. Business Overview & Revenue Model

Company Description

Kader Holdings Co. Ltd. (0180) is a diversified company engaged in the manufacturing of model trains and related products. The company operates primarily in the toy manufacturing sector, offering a range of model trains, train sets, and accessories under its brand. Kader Holdings is recognized for its high-quality craftsmanship and attention to detail, catering to both hobbyists and collectors worldwide.

How the Company Makes Money

Kader Holdings Co. Ltd. generates revenue primarily through the sale of its model train products. The company designs, manufactures, and distributes a variety of model trains and related accessories, which are sold through various channels including direct sales, retail partners, and online platforms. In addition to product sales, Kader Holdings may engage in strategic partnerships and collaborations that enhance its market reach and product offerings. The company's earnings are influenced by factors such as consumer demand, brand reputation, and the overall health of the toy and hobby market.

Kader Holdings Co. Ltd. Financial Statement Overview

Summary

Kader Holdings Co. Ltd. faces significant financial challenges. Declining revenue and significant net losses heavily impact the income statement, with a net profit margin of -53.0%. The balance sheet shows moderate leverage but concerns over return on equity due to losses. The weak cash flow position, with zero operating and free cash flow, raises liquidity concerns.

Income Statement

Kader Holdings Co. Ltd. shows declining revenue and profitability. The revenue decreased from HKD 372.5M in 2023 to HKD 352.0M in 2024, indicating a negative growth rate. The gross profit margin is strong at 82.5%, but the company suffers from significant net losses, with a net profit margin of -53.0% in 2024. Both EBIT and EBITDA margins are negative, reflecting operational challenges.

Balance Sheet

The balance sheet of Kader Holdings Co. Ltd. reflects a relatively stable equity base with equity ratio of 68.3%. The debt-to-equity ratio is 0.36, indicating moderate leverage. However, the return on equity is concerning due to persistent net losses, presenting a risk to financial health if the trend continues.

Cash Flow

The cash flow position is weak, with zero operating and free cash flow reported in 2024. Historically, there has been volatility in cash flows, and lack of positive free cash flow raises concerns about liquidity and ability to sustain operations without external financing.

Breakdown	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	352.05M	372.54M	351.97M	397.33M	372.29M
Gross Profit	290.38M	307.13M	314.16M	330.72M	275.17M
EBITDA	27.96M	5.90M	-23.15M	100.33M	-24.84M
Net Income	-186.70M	-74.63M	-84.97M	45.94M	-109.50M
Balance Sheet
Total Assets	2.81B	3.00B	2.95B	2.90B	2.77B
Cash, Cash Equivalents and Short-Term Investments	52.95M	90.20M	91.39M	101.27M	108.01M
Total Debt	692.29M	684.69M	555.06M	420.25M	378.67M
Total Liabilities	884.29M	881.25M	775.24M	629.72M	565.05M
Stockholders Equity	1.92B	2.11B	2.17B	2.26B	2.20B
Cash Flow
Free Cash Flow	13.86M	-13.96M	-55.18M	-13.57M	38.38M
Operating Cash Flow	39.08M	13.86M	-2.31M	55.74M	97.87M
Investing Cash Flow	-35.66M	-114.34M	-124.41M	-96.47M	-101.36M
Financing Cash Flow	-33.97M	94.07M	125.45M	40.18M	-17.89M

Kader Holdings Co. Ltd. Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 0.23
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Negative
• RSI: Neutral
• STOCH: Negative

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For HK:0180, the sentiment is Negative. The current price of 0.23 is below the 20-day moving average (MA) of 0.24, below the 50-day MA of 0.25, and below the 200-day MA of 0.27, indicating a bearish trend. The MACD of >-0.01 indicates Negative momentum. The RSI at 38.23 is Neutral, neither overbought nor oversold. The STOCH value of 83.33 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for HK:0180.

Kader Holdings Co. Ltd. Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
0869	73 Outperform	HK$649.00M	4.93	11.10%	7.27%	-16.05%	-41.16%
Sector *	56 Neutral	$3.37B	4.05	-1.30%	6.64%	0.16%	-63.79%
3830	48 Neutral	HK$60.00M	―	-18.04%	―	1.11%	36.36%
0114	48 Neutral	HK$332.47M	10.11	5.68%	21.82%	-19.10%	-90.12%
1005	46 Neutral	HK$340.29M	―	-43.56%	5.56%	-36.06%	-190.94%
0180	41 Neutral	HK$218.64M	―	-9.27%	―	-7.74%	-150.19%
6918	39 Underperform	HK$73.70M	―	-19.60%	―	64.02%	42.01%

Kader Holdings Co. Ltd. Corporate Events

Kader Holdings Enhances Governance with New Nomination Committee

Kader Holdings Company Limited has established a Nomination Committee to oversee and guide the selection and appointment of board members, ensuring a diverse and skilled board composition. The committee, consisting of at least three members with a majority being independent non-executive directors, is tasked with reviewing the board’s structure and diversity policy, assessing director independence, and supporting succession planning. This move aims to enhance corporate governance and align the board’s composition with the company’s strategic goals.

Kader Holdings Secures Shareholder Approval for AGM Resolutions

Kader Holdings Co. Ltd. announced that all resolutions at their Annual General Meeting on June 24, 2025, were passed by shareholders via poll. The resolutions included the re-election of directors, authorization of board remuneration, reappointment of KPMG as auditors, and granting mandates for share buybacks and issuances. The approval of these resolutions reflects strong shareholder support and positions the company for continued governance and operational stability.

Kader Holdings Announces 2025 Annual General Meeting Agenda

Kader Holdings Co. Ltd. has announced its upcoming annual general meeting scheduled for June 24, 2025, in Hong Kong. The meeting will address several key agenda items, including the consideration of the audited financial statements for the year ending December 31, 2024, the re-election of directors, the re-appointment of KPMG as auditors, and resolutions to authorize the board to buy back shares and issue new shares. These actions are aimed at strengthening the company’s governance and operational flexibility.