Shirble Department Store Holdings (China) Ltd. (0312) AI Stock Analysis

• Market Cap: HK$182.11M
• Dividend Yield: N/A
• Average Volume (3M): 96.67K
• Price to Earnings (P/E): ―
• Beta (1Y): 1.44
• Revenue Growth: -0.83%
• EPS Growth: 93.83%
• Country: HK
• Employees: 199
• Sector: Consumer Cyclical
• Sector Strength: 84
• Industry: Department Stores
• EPS (TTM): >-0.01
• Shares Outstanding: 2,495,000,000
• 10 Day Avg. Volume: 102,200
• 30 Day Avg. Volume: 96,666
• PEG Ratio: 0.03
• Price to Book (P/B): 0.12
• Price to Sales (P/S): 0.38
• P/FCF Ratio: 1.12
• 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
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 40 Underperform
• Price Target: HK$0.07 ▼(-23.33% Downside)

The overall stock score of 40 reflects significant financial and operational challenges faced by Shirble Department Store Holdings. The company's declining revenues, persistent net losses, and negative cash flow are major concerns. Additionally, the technical indicators suggest bearish momentum, and the valuation metrics highlight a lack of profitability. These factors collectively contribute to a low stock score, indicating high risk and potential instability.

Positive Factors

Gross Profit Margin

A strong gross profit margin indicates effective cost management, which can help the company maintain profitability despite revenue challenges.

Product Diversity

Diverse product offerings can attract a wide customer base, potentially stabilizing revenue streams even in fluctuating market conditions.

Strategic Partnerships

Strategic partnerships can enhance product offerings and create exclusive promotions, strengthening competitive positioning and customer loyalty.

Negative Factors

Declining Revenue

Significant revenue decline suggests challenges in market competitiveness and consumer demand, impacting long-term growth prospects.

Negative Cash Flow

Negative cash flow indicates liquidity issues, limiting the company's ability to invest in growth initiatives and meet financial obligations.

High Leverage

Increased leverage can strain financial flexibility and increase risk, especially if revenue and profit challenges persist.

Shirble Department Store Holdings (China) Ltd. Business Overview & Revenue Model

Company Description

Shirble Department Store Holdings (China) Ltd. is a leading retail company based in China, primarily operating in the department store sector. The company focuses on providing a wide array of consumer goods, including clothing, cosmetics, home goods, and electronics. With a strong presence in major urban areas, Shirble aims to enhance the shopping experience through quality products, competitive pricing, and excellent customer service.

How the Company Makes Money

Shirble Department Store Holdings generates revenue through multiple streams, primarily from the sale of merchandise in its department stores. The company's revenue model is primarily based on direct sales to consumers, where it marks up products sourced from various suppliers and brands. Additionally, Shirble may engage in partnerships with local and international brands for exclusive product lines, which can enhance its product offerings and attract a broader customer base. The company also benefits from promotional activities and seasonal sales, which drive foot traffic and increase sales volume. E-commerce initiatives may serve as a supplementary revenue stream, allowing the company to reach customers beyond traditional brick-and-mortar locations.

Shirble Department Store Holdings (China) Ltd. Financial Statement Overview

Summary

Shirble Department Store Holdings is facing significant financial challenges, with declining revenues and persistent net losses. While the gross profit margin remains strong, the company struggles with operational inefficiencies and high leverage, as seen from its balance sheet. The lack of positive cash flow further exacerbates the financial instability, highlighting the need for strategic restructuring to stabilize its financial health.

Income Statement

The company has experienced a significant decline in revenue over the years, with a noticeable drop from 2019's revenues of 794.6 million to 227.3 million in 2024. The gross profit margin remains high, indicating efficient cost management, but the repeated net losses, including a net income of -33.8 million in 2024, highlight ongoing profitability challenges. EBIT and EBITDA margins have also been negative, reflecting operational inefficiencies.

Balance Sheet

The company's debt-to-equity ratio has risen, indicating increased leverage, with total debt at 1.12 billion against equity of 750.8 million in 2024. The equity ratio remains moderate, but the shrinking equity base suggests financial pressure. Although the liabilities have decreased since 2021, the declining asset base and equity raise concerns about the company's long-term financial stability.

Cash Flow

The cash flow situation is concerning, with zero operating cash flow reported in 2024, down from 106.5 million in 2023. The absence of free cash flow growth and a lack of positive operating cash flow to support net income underline the financial strain the company is experiencing. The company's inability to generate positive free cash flow consistently suggests liquidity issues.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	229.52M	227.30M	190.67M	191.58M	230.12M	521.99M
Gross Profit	218.93M	215.72M	184.00M	186.38M	219.75M	506.89M
EBITDA	97.73M	92.41M	-334.23M	-83.19M	35.57M	245.80M
Net Income	-18.30M	-33.76M	-340.98M	-556.49M	-438.04M	-75.11M
Balance Sheet
Total Assets	1.83B	2.17B	2.34B	2.90B	3.97B	4.25B
Cash, Cash Equivalents and Short-Term Investments	27.52M	43.09M	54.48M	82.24M	159.22M	365.07M
Total Debt	827.23M	1.12B	1.25B	1.35B	1.76B	1.55B
Total Liabilities	1.08B	1.42B	1.56B	1.78B	2.29B	2.13B
Stockholders Equity	748.83M	750.76M	785.85M	1.11B	1.67B	2.11B
Cash Flow
Free Cash Flow	43.86M	77.73M	100.53M	134.87M	74.06M	121.10M
Operating Cash Flow	44.84M	79.53M	106.52M	141.91M	111.82M	156.71M
Investing Cash Flow	6.87M	22.48M	27.93M	110.23M	-23.84M	-50.75M
Financing Cash Flow	-50.80M	-108.89M	-161.99M	-231.97M	-136.51M	-61.12M

Shirble Department Store Holdings (China) Ltd. Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 0.09
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Positive
• RSI: Positive
• STOCH: Positive

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For HK:0312, the sentiment is Negative. The current price of 0.09 is above the 20-day moving average (MA) of 0.08, above the 50-day MA of 0.09, and above the 200-day MA of 0.08, indicating a bearish trend. The MACD of >-0.01 indicates Positive momentum. The RSI at 27.40 is Positive, neither overbought nor oversold. The STOCH value of -8.89 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for HK:0312.

Shirble Department Store Holdings (China) Ltd. Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
Sector *	61 Neutral	$18.38B	12.79	-2.54%	3.03%	1.52%	-15.83%
0825	50 Neutral	€505.84M	20.00	0.76%	―	-12.99%	89.87%
0984	46 Neutral	€102.70M	―	―	―	-3.03%	-36.45%
0162	40 Neutral	HK$59.78M	―	-110.16%	―	-17.63%	-13.10%
0312	40 Underperform	HK$182.11M	―	-2.41%	―	-0.83%	93.83%
0602	39 Underperform	HK$52.91M	―	―	―	-13.59%	76.48%

Shirble Department Store Holdings (China) Ltd. Corporate Events

Shirble Department Store Reports Reduced Losses in 1H2025

Shirble Department Store Holdings (China) Limited announced its interim results for the first half of 2025, reporting a slight decrease in revenue and operating profit compared to the same period in 2024. Despite these declines, the company significantly reduced its loss attributable to owners, from RMB18.5 million in 1H2024 to RMB3.0 million in 1H2025, and maintained a stable net asset value per share. The board has decided not to recommend any interim dividend for this period.

Shirble Department Store to Review Interim Results and Dividend

Shirble Department Store Holdings (China) Limited has announced an upcoming board meeting scheduled for August 29, 2025. The meeting will focus on approving the interim results for the first half of 2025 and considering the recommendation of an interim dividend payment. This announcement may impact the company’s financial strategy and stakeholder expectations as it reflects on its mid-year performance.