Luen Thai Holdings Limited (0311) AI Stock Analysis

• Market Cap: HK$160.29M
• Dividend Yield: N/A
• Average Volume (3M): 2.93K
• Price to Earnings (P/E): ―
• Beta (1Y): 0.14
• Revenue Growth: -3.53%
• EPS Growth: -463.00%
• Country: HK
• Employees: 27,000
• Sector: Consumer Cyclical
• Sector Strength: 59
• Industry: Apparel - Manufacturers
• EPS (TTM): -0.26
• Shares Outstanding: 1,034,112,700
• 10 Day Avg. Volume: 1,000
• 30 Day Avg. Volume: 2,933
• PEG Ratio: 0.32
• Price to Book (P/B): 0.27
• Price to Sales (P/S): 0.00
• P/FCF Ratio: 6.31
• Enterprise Value/Market Cap: 1.27
• Enterprise Value/Revenue: 0.07
• Enterprise Value/Gross Profit: 2.75
• Enterprise Value/Ebitda: 2.95
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0

• Rating: 40 Underperform
• Price Target: ―

The company's stock score is significantly impacted by its weak financial performance, with declining revenues and profitability, as well as liquidity challenges. Technical analysis suggests bearish trends, but potential for reversal exists due to high stochastic values. Valuation metrics highlight financial difficulties, with negative earnings and no dividend yield.

Luen Thai Holdings Limited Business Overview & Revenue Model

Company Description

Luen Thai Holdings Limited (0311) is a global supply chain services provider, primarily involved in the manufacturing and distribution of apparel and accessories. The company operates through various segments including apparel and accessories, providing end-to-end supply chain solutions from design and product development to logistics and distribution. Luen Thai serves a wide range of customers including major international brands and retailers.

How the Company Makes Money

Luen Thai Holdings Limited generates revenue through its comprehensive supply chain services, primarily in the apparel and accessories sector. The company earns money by offering manufacturing services that include design, product development, sourcing, and production. It also provides value-added services such as logistics and distribution, catering to international brands and retailers. Key revenue streams include manufacturing contracts, service fees for logistics operations, and strategic partnerships with major brands, which help in providing a consistent flow of work and revenue.

Luen Thai Holdings Limited Financial Statement Overview

Summary

Luen Thai Holdings Limited faces substantial financial challenges, as evidenced by declining revenues, profitability, and negative cash flows. The balance sheet remains relatively stable, but liquidity constraints and operational inefficiencies pose risks. Immediate attention to cost management and revenue enhancement is crucial to stabilize financial performance and support long-term growth.

Income Statement

The income statement reveals declining revenue and profitability. The gross profit margin has decreased over time, with negative EBIT and net income in 2024 indicating operational challenges. The revenue growth rate is negative, signifying a downturn in sales compared to previous years. Such trends suggest financial strain and potential inefficiencies in cost management.

Balance Sheet

The balance sheet shows a stable equity position despite declining equity over the years. The debt-to-equity ratio remains manageable, though slightly elevated, reflecting moderate leverage. The equity ratio has slightly decreased, indicating a greater reliance on liabilities. Overall, the balance sheet maintains moderate stability but highlights the need for improved financial management.

Cash Flow

Cash flow analysis highlights significant challenges with negative operating cash flow and declining free cash flow, indicating liquidity issues. The free cash flow to net income ratio is negative, reinforcing cash flow pressure. These factors suggest potential sustainability issues if not addressed, reflecting a need for strategic intervention to improve liquidity.

Breakdown	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	674.39M	696.63M	858.86M	795.66M	697.33M
Gross Profit	74.24M	95.27M	128.09M	123.93M	83.10M
EBITDA	7.01M	30.29M	43.73M	41.21M	994.00K
Net Income	-33.89M	-6.01M	9.91M	11.20M	-28.03M
Balance Sheet
Total Assets	445.98M	475.00M	523.36M	562.00M	538.62M
Cash, Cash Equivalents and Short-Term Investments	54.87M	100.46M	136.09M	140.16M	116.04M
Total Debt	166.22M	166.00M	176.69M	181.18M	186.78M
Total Liabilities	289.28M	283.31M	315.71M	358.12M	350.02M
Stockholders Equity	155.95M	190.67M	206.47M	201.46M	186.10M
Cash Flow
Free Cash Flow	-21.03M	-5.01M	8.81M	47.38M	-7.44M
Operating Cash Flow	-18.13M	-1.29M	20.26M	56.47M	17.98M
Investing Cash Flow	-84.00K	-908.00K	-10.23M	-7.49M	-26.55M
Financing Cash Flow	-3.29M	-15.65M	-12.91M	-15.72M	-10.10M

Luen Thai Holdings Limited Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 0.16
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Negative
• RSI: Positive
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For HK:0311, the sentiment is Negative. The current price of 0.16 is above the 20-day moving average (MA) of 0.15, above the 50-day MA of 0.16, and below the 200-day MA of 0.17, indicating a neutral trend. The MACD of >-0.01 indicates Negative momentum. The RSI at 5.25 is Positive, neither overbought nor oversold. The STOCH value of 50.00 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for HK:0311.

Luen Thai Holdings Limited Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
1425	76 Outperform	HK$862.50M	5.06	21.91%	8.12%	-4.16%	-2.85%
2232	70 Neutral	HK$12.70B	8.11	13.55%	12.40%	13.03%	22.23%
1982	68 Neutral	HK$1.73B	5.06	14.40%	25.79%	4.95%	94.03%
2368	63 Neutral	HK$2.10B	9.47	13.04%	24.11%	12.67%	-25.28%
Sector *	56 Neutral	HK$23.97B	4.08	-1.57%	8.88%	0.06%	-64.88%
2199	56 Neutral	HK$2.57B	13.98	5.63%	1.19%	9.38%	-41.33%
0311	40 Underperform	HK$160.29M	―	-19.38%	―	-3.53%	-463.00%

Luen Thai Holdings Limited Corporate Events

Luen Thai Holdings Secures Unanimous Approval for AGM Resolutions

Luen Thai Holdings Limited announced that all proposed resolutions at their 2025 Annual General Meeting were passed unanimously. The resolutions included re-electing directors, authorizing the board to fix directors’ remuneration, re-appointing auditors, and granting mandates to issue and purchase shares. This unanimous approval reflects strong shareholder support and may positively impact the company’s governance and operational strategies.

Luen Thai Holdings Schedules 2025 AGM with Key Resolutions

Luen Thai Holdings Limited has announced its Annual General Meeting to be held on May 29, 2025, in Hong Kong. The agenda includes the adoption of financial statements, re-election of directors, and authorization of the board to fix remuneration. Additionally, the company seeks approval to allot and issue additional shares, which could impact its capital structure and shareholder value.