Citychamp Watch & Jewellery Group Limited (HK:0256)
:0256
Want to see HK:0256 full AI Analyst Report?
Top Page
Citychamp Watch & Jewellery Group
(0256)
Select Model
Select Model
Rating:47Neutral
Price Target:
HK$0.10
▼(-46.11% Downside)
Action:Reiterated
Date:05/20/26
The score is primarily held back by weak financial performance—losses, declining revenue, and a sharp deterioration in 2025 cash generation—partly cushioned by moderate leverage. Technicals show some short-term improvement, but the longer-term downtrend and loss-driven valuation keep the overall score below average.
Positive Factors
Diversified Sales Channels
A dual revenue model—wholesale to distributors and direct retail—provides structural resilience. Wholesale supplies volume and channel reach while DTC captures retail margin and consumer insight. This mix supports revenue recovery and margin management over coming months.
Negative Factors
Consecutive Losses and Falling Revenue
Sustained losses and accelerating revenue decline indicate structural demand and execution problems. Persistent top-line weakness erodes margins, depletes reserves and limits investment capacity, making operational turnaround and consistent profitability harder over the medium term.
Read all positive and negative factors
Positive Factors
Negative Factors
Diversified Sales Channels
A dual revenue model—wholesale to distributors and direct retail—provides structural resilience. Wholesale supplies volume and channel reach while DTC captures retail margin and consumer insight. This mix supports revenue recovery and margin management over coming months.
Read all positive factors
Citychamp Watch & Jewellery Group (0256) vs. iShares MSCI Hong Kong ETF (EWH)
Market Cap
HK$426.49M
Dividend YieldN/A
Average Volume (3M)21.87M
Price to Earnings (P/E)―
Beta (1Y)0.38
Revenue Growth-17.82%
EPS Growth16.27%
CountryHK
Employees2,965
SectorConsumer Cyclical
Sector Strength84
IndustryLuxury Goods
Share Statistics
EPS (TTM)-0.05
Shares Outstanding4,351,888,000
10 Day Avg. Volume6,292,091
30 Day Avg. Volume21,874,088
Financial Highlights & Ratios
PEG Ratio0.25
Price to Book (P/B)0.22
Price to Sales (P/S)0.67
P/FCF Ratio-39.82
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
Citychamp Watch & Jewellery Group Business Overview & Revenue Model
Company Description
Citychamp Watch & Jewellery Group Limited, an investment holding company, manufactures, sells, and distributes watches and timepieces in Hong Kong, the People's Republic of China, Switzerland, the United Kingdom, Liechtenstein, and internationally...
How the Company Makes Money
Citychamp makes money mainly by selling watches and related products through a combination of (1) wholesale/B2B sales and distribution and (2) direct-to-consumer retail. On the wholesale side, the group generates revenue by supplying products unde...
Citychamp Watch & Jewellery Group Financial Statement Overview
Summary
Income Statement
28
Negative
Balance Sheet
68
Positive
Cash Flow
22
Negative
| Breakdown | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 1.30B | 1.59B | 1.73B | 1.66B | 2.04B |
| Gross Profit | 912.71M | 1.03B | 1.19B | 926.12M | 1.09B |
| EBITDA | 172.85M | -107.52M | 242.03M | 35.02M | 110.73M |
| Net Income | -212.60M | -254.07M | 45.10M | -111.05M | -100.91M |
Balance Sheet | |||||
| Total Assets | 20.60B | 17.96B | 16.53B | 16.16B | 19.96B |
| Cash, Cash Equivalents and Short-Term Investments | 7.14B | 7.55B | 4.06B | 6.27B | 6.51B |
| Total Debt | 580.77M | 667.45M | 739.30M | 1.02B | 1.20B |
| Total Liabilities | 16.51B | 14.18B | 12.17B | 11.98B | 15.34B |
| Stockholders Equity | 3.93B | 3.61B | 4.17B | 4.01B | 4.36B |
Cash Flow | |||||
| Free Cash Flow | -21.84M | 459.93M | -216.06M | -2.13B | 1.75B |
| Operating Cash Flow | 3.41M | 466.98M | -182.28M | -2.04B | 1.95B |
| Investing Cash Flow | -28.98M | -44.51M | -197.52M | 239.41M | -580.03M |
| Financing Cash Flow | -54.48M | -143.72M | -351.43M | -286.63M | -442.11M |
Citychamp Watch & Jewellery Group Technical Analysis
Positive
0.18
Price Trends
0.09
Positive
0.14
Negative
0.19
Negative
Market Momentum
<0.01
Negative
60.10
Neutral
69.60
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For HK:0256, the sentiment is Positive. The current price of 0.18 is above the 20-day moving average (MA) of 0.09, above the 50-day MA of 0.09, and below the 200-day MA of 0.19, indicating a neutral trend. The MACD of <0.01 indicates Negative momentum. The RSI at 60.10 is Neutral, neither overbought nor oversold. The STOCH value of 69.60 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for HK:0256.
Citychamp Watch & Jewellery Group Peers Comparison
UnderperformOutperform
Sector (61)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
78 Outperform | HK$2.07B | 1.58 | 5.10% | 4.05% | 10.23% | 66.75% | |
73 Outperform | HK$12.73B | 5.90 | 9.57% | 4.43% | 10.89% | 2.02% | |
67 Neutral | HK$7.56B | 2.51 | 12.17% | 4.60% | 6.00% | 114.75% | |
64 Neutral | HK$108.22B | 15.23 | 23.29% | 4.21% | -9.49% | 32.56% | |
61 Neutral | $18.38B | 12.79 | -2.54% | 3.03% | 1.52% | -15.83% | |
53 Neutral | HK$1.09B | -2.63 | -1.15% | ― | -37.78% | 57.76% | |
47 Neutral | HK$426.49M | -1.28 | -7.92% | ― | -17.82% | 16.27% |
* Consumer Cyclical Sector Average
HK:0256
Citychamp Watch & Jewellery Group
0.10
-0.40
-80.81%
HK:0116
Chow Sang Sang Holdings International
11.43
4.73
70.70%
HK:1929
Chow Tai Fook Jewellery Group
11.00
0.75
7.30%
HK:0887
Emperor Watch & Jewellery
0.28
>-0.01
-1.79%
HK:3389
Hengdeli Holdings
0.24
0.14
132.69%
HK:0590
Luk Fook Holdings (International)
21.46
4.53
26.73%
Citychamp Watch & Jewellery Group Corporate Events
Citychamp Watch & Jewellery Revises Timetable for Rights Issue
May 11, 2026
Citychamp Watch Jewellery Group has revised the timetable for its previously announced rights issue to align the share registration period for entitlement to the rights with the closure period for determining eligibility to attend and vote at its...
Citychamp Watch & Jewellery launches HK$145 million rights issue backed by major shareholders
May 5, 2026
Citychamp Watch Jewellery Group plans a non-underwritten rights issue, offering one new share for every three existing shares at HK$0.10, to raise up to about HK$145.1 million before expenses and HK$143.4 million net if fully subscribed. The offe...
Citychamp Sets 2026 AGM to Approve Results, Board Changes and Share Issuance Mandate
Apr 29, 2026
Citychamp Watch Jewellery Group has called its annual general meeting for 28 May 2026 in Hong Kong, where shareholders will be asked to adopt the audited financial statements for the year ended 31 December 2025 and re-elect key board members, inc...
Citychamp trims Min Xin stake in HK$15.37 million connected share sale
Apr 1, 2026
Citychamp Watch Jewellery Group has sold 5.5 million shares in Min Xin to its controlling shareholder Sincere View for HK$15.37 million, reducing its stake in the financial services group from 14.63% to 13.71%. The transaction, conducted at preva...
Citychamp Narrows Annual Loss as Revenue Falls on Weaker Goods Sales
Mar 30, 2026
Citychamp Watch Jewellery Group reported total revenue of HK$1.05 billion for the year ended 31 December 2025, down from HK$1.34 billion a year earlier, reflecting weaker sales in its non-banking and financial goods businesses. Despite stable net...
Citychamp Watch & Jewellery Sets March Board Meeting to Approve 2025 Results and Mull Dividend
Mar 13, 2026
Citychamp Watch Jewellery Group has scheduled a board meeting for 30 March 2026 to review and approve the audited final results for the financial year ended 31 December 2025. The board will also consider the declaration of a final dividend, a dec...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.