Alco Holdings (0328) AI Stock Analysis

• Market Cap: HK$34.37M
• Dividend Yield: N/A
• Average Volume (3M): 1.66M
• Price to Earnings (P/E): ―
• Beta (1Y): 0.63
• Revenue Growth: -8.62%
• EPS Growth: -151.60%
• Country: HK
• Employees: 46
• Sector: Consumer Defensive
• Sector Strength: 63
• Industry: Consumer Electronics
• EPS (TTM): -0.26
• Shares Outstanding: 114,556,860
• 10 Day Avg. Volume: 309,400
• 30 Day Avg. Volume: 1,661,482
• PEG Ratio: <0.01
• Price to Book (P/B): -0.04
• Price to Sales (P/S): 0.00
• P/FCF Ratio: -26.74
• 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: 32 Underperform
• Price Target: ―

Alco Holdings is facing significant financial challenges, with negative equity and consistent losses undermining its financial stability. The technical analysis suggests bearish momentum, and the negative P/E ratio highlights valuation concerns. A strategic focus on improving financial health is crucial for a positive outlook.

Alco Holdings Business Overview & Revenue Model

Company Description

Alco Holdings Limited, an investment holding company, designs, manufactures, and sells consumer electronic products in North America, Asia, Europe, and internationally. It operates in two segments, AV Products and Notebook Products. The company offers audio, video, and tablet products. It also provides commercial notebook and personal computers. In addition, the company is involved in the property holding, property investment, and software development activities; and trade of AV and notebook products. Alco Holdings Limited was founded in 1968 and is headquartered in Sha Tin, Hong Kong.

How the Company Makes Money

Alco Holdings makes money through the design, manufacturing, and sale of consumer electronic products. The company's key revenue streams include the sale of audio-visual products such as DVD players and other electronic devices. Alco Holdings partners with retailers and distributors to reach a broad customer base worldwide. The company generates revenue by leveraging its manufacturing capabilities to produce cost-effective electronics while maintaining quality standards. Additionally, strategic partnerships with technology firms and retail chains enhance its market presence and distribution efficiency, contributing to its overall earnings.

Alco Holdings Financial Statement Overview

Summary

Alco Holdings is in a challenging financial position with consistent losses and negative equity. The company has shown some revenue growth, but profitability and cash flow issues persist. A strategic turnaround plan focusing on cost reduction, debt management, and operational efficiency is necessary to improve the financial outlook.

Income Statement

Alco Holdings shows a significant increase in total revenue for the most recent year, which is a positive sign. However, the company has consistently reported negative EBIT and net income, indicating ongoing operational challenges. The net profit margin is negative, reflecting these losses. The company needs to improve its cost structure and operational efficiency to enhance profitability.

Balance Sheet

The balance sheet reveals a negative stockholders' equity, indicating more liabilities than assets, which is a concerning sign of financial instability. The debt-to-equity ratio is not applicable due to negative equity, but the high total debt remains a risk. A focus on reducing debt and improving asset management is essential for financial health.

Cash Flow

Operating cash flow is negative, highlighting cash flow management issues. Although the free cash flow has improved from the previous year, it remains negative, indicating liquidity challenges. The company needs to improve cash generation from operations to stabilize its financial position.

Breakdown
TTM	Mar 2024	Mar 2023	Mar 2022	Mar 2021	Mar 2020
Income Statement		Total Revenue
112.43M	148.42M	89.32M	542.41M	1.28B	961.25M
	Gross Profit
8.95M	8.86M	-10.95M	-111.81M	-72.46M	-184.79M
	EBIT
-39.69M	-58.38M	-90.10M	-331.17M	-362.53M	-427.90M
	EBITDA
-582.95M	13.26M	-83.52M	-313.55M	-324.61M	-498.43M
	Net Income Common Stockholders
-595.36M	600.69M	-502.19M	-594.36M	-360.46M	-599.37M
Balance Sheet		Cash, Cash Equivalents and Short-Term Investments
9.08M	23.86M	2.39M	10.20M	98.15M	104.48M
	Total Assets
178.38M	182.41M	283.29M	833.78M	1.36B	1.22B
	Total Debt
85.58M	85.58M	156.31M	750.98M	621.38M	396.80M
	Net Debt
76.50M	61.73M	153.92M	740.78M	523.23M	292.32M
	Total Liabilities
257.81M	269.94M	1.08B	1.11B	1.03B	535.10M
	Stockholders Equity
-78.78M	-72.58M	-788.65M	-272.27M	330.82M	681.57M
Cash Flow		Free Cash Flow
-67.76M	-69.47M	-1.14M	-169.45M	-265.79M	-282.12M
	Operating Cash Flow
-67.76M	-69.47M	-157.00K	-138.98M	-234.83M	-242.47M
	Investing Cash Flow
-120.00K	3.65M	10.97M	-29.25M	6.02M	-36.55M
	Financing Cash Flow
2.14M	96.07M	-17.11M	82.93M	219.06M	111.23M

Alco Holdings Technical Analysis

• Technical Analysis Sentiment: Neutral
• Last Price: 0.30
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Negative
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For HK:0328, the sentiment is Neutral. The current price of 0.3 is below the 20-day moving average (MA) of 0.30, above the 50-day MA of 0.28, and below the 200-day MA of 2.18, indicating a neutral trend. The MACD of <0.01 indicates Positive momentum. The RSI at 50.06 is Neutral, neither overbought nor oversold. The STOCH value of 23.33 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for HK:0328.

Alco Holdings Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
0912	65 Neutral	HK$307.57M	9.39	4.16%	14.81%	-2.82%	-37.97%
Sector *	65 Neutral	$8.76B	15.22	4.69%	4.58%	3.64%	-2.90%
0099	44 Neutral	HK$598.10M	―	-20.96%	4.80%	-16.35%	-648.31%
0167	40 Neutral	HK$806.00M	―		―	―	―
0328	32 Underperform	HK$34.37M	―		―	-8.62%	-151.60%
FUK		€28.73M	14.07	2.69%	15.64%	―	―
UPZ			―		―	―	―

Alco Holdings Corporate Events

Alco Holdings Announces Change in Share Registrar

Alco Holdings Limited has announced a change in its Hong Kong share registrar and transfer office, effective from March 31, 2025. The new registrar and transfer office will be Tricor Investor Services Limited, located at the Far East Finance Centre. This change is significant for shareholders as it affects where share registration and transfer applications should be lodged, potentially impacting the company’s administrative processes and stakeholder interactions.