Want to see HK:0333 full AI Analyst Report?
Top Page
Top Form International Limited
(0333)
Select Model
Select Model
Rating:43Neutral
Price Target:
HK$0.19
▼(-25.77% Downside)
Action:Reiterated
Date:06/14/26
The score is pressured primarily by weak financial performance (return to losses and deteriorating cash generation) and bearish technical signals (below major moving averages with negative momentum). Valuation provides limited support because the company is loss-making and no dividend yield data is available.
Positive Factors
Manageable leverage
Sustained low-to-moderate leverage and a downtrend in total debt provide durable financial flexibility. This reduces interest burden and the need for urgent refinancing, supporting capacity to invest in operations or absorb cyclical demand shocks over the next 2–6 months.
Negative Factors
Return to net loss
Reversion to a net loss and negative EBIT margin represents a durable profitability problem. Continued losses erode equity and restrict reinvestment, weakening competitive positioning and making it harder to sustain long-term initiatives without improving underlying margins or structural cost reductions.
Read all positive and negative factors
Positive Factors
Negative Factors
Manageable leverage
Sustained low-to-moderate leverage and a downtrend in total debt provide durable financial flexibility. This reduces interest burden and the need for urgent refinancing, supporting capacity to invest in operations or absorb cyclical demand shocks over the next 2–6 months.
Read all positive factors
Top Form International Limited (0333) vs. iShares MSCI Hong Kong ETF (EWH)
Market Cap
HK$54.49M
Dividend YieldN/A
Average Volume (3M)14.97K
Price to Earnings (P/E)―
Beta (1Y)0.38
Revenue Growth-14.67%
EPS Growth-706.03%
CountryHK
Employees6,400
SectorConsumer Cyclical
Sector Strength84
IndustryApparel - Manufacturers
Share Statistics
EPS (TTM)-0.19
Shares Outstanding301,052,670
10 Day Avg. Volume40,680
30 Day Avg. Volume14,973
Financial Highlights & Ratios
PEG Ratio>-0.01
Price to Book (P/B)0.22
Price to Sales (P/S)0.07
P/FCF Ratio-53.69
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
Top Form International Limited Business Overview & Revenue Model
Company Description
Top Form International Limited functions as an investment holding entity primarily dedicated to the conceptualization, production, and global sale of women's intimate wear. Its product line encompasses brassieres, ladies' undergarments, and seamle...
How the Company Makes Money
null...
Top Form International Limited Financial Statement Overview
Summary
Income Statement
38
Negative
Balance Sheet
63
Positive
Cash Flow
41
Neutral
| Breakdown | TTM | Jun 2024 | Jun 2023 | Jun 2022 | Jun 2021 | Jun 2020 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 1.07B | 1.22B | 1.13B | 1.01B | 1.48B | 1.43B |
| Gross Profit | 213.64M | 241.97M | 255.49M | 175.34M | 273.93M | 237.98M |
| EBITDA | -10.31M | 19.44M | 56.81M | -22.15M | 68.42M | 66.38M |
| Net Income | -56.29M | -32.61M | -2.21M | -84.73M | 3.55M | 2.80M |
Balance Sheet | ||||||
| Total Assets | 788.92M | 771.82M | 803.36M | 800.53M | 898.42M | 936.48M |
| Cash, Cash Equivalents and Short-Term Investments | 60.78M | 90.54M | 102.26M | 112.13M | 136.49M | 92.22M |
| Total Debt | 158.00M | 120.21M | 117.23M | 152.96M | 141.76M | 117.57M |
| Total Liabilities | 437.52M | 386.71M | 407.32M | 380.71M | 391.10M | 425.96M |
| Stockholders Equity | 319.55M | 356.47M | 374.62M | 373.00M | 466.86M | 475.54M |
Cash Flow | ||||||
| Free Cash Flow | -9.73M | -1.49M | 47.96M | -7.09M | 42.59M | -56.28M |
| Operating Cash Flow | 1.48M | 11.55M | 60.71M | 23.00M | 70.12M | -23.75M |
| Investing Cash Flow | -17.86M | -19.57M | -5.21M | -29.03M | -25.47M | -22.56M |
| Financing Cash Flow | 27.74M | -6.94M | -64.25M | -18.06M | 4.75M | 16.22M |
Top Form International Limited Technical Analysis
Negative
0.26
Price Trends
0.20
Negative
0.22
Negative
0.25
Negative
Market Momentum
>-0.01
Negative
40.69
Neutral
17.87
Positive
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For HK:0333, the sentiment is Negative. The current price of 0.26 is above the 20-day moving average (MA) of 0.19, above the 50-day MA of 0.20, and above the 200-day MA of 0.25, indicating a bearish trend. The MACD of >-0.01 indicates Negative momentum. The RSI at 40.69 is Neutral, neither overbought nor oversold. The STOCH value of 17.87 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for HK:0333.
Top Form International Limited Peers Comparison
UnderperformOutperform
Sector (61)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
67 Neutral | HK$2.11B | 7.48 | 8.52% | 4.00% | -1.56% | 53.99% | |
64 Neutral | HK$239.91M | 6.73 | -14.53% | ― | -5.61% | ― | |
62 Neutral | HK$690.93M | 4.95 | 5.84% | 6.04% | -1.81% | -2.23% | |
61 Neutral | $18.38B | 12.79 | -2.54% | 3.03% | 1.52% | -15.83% | |
51 Neutral | HK$1.33B | 16.11 | 4.73% | 8.06% | -0.86% | -50.37% | |
49 Neutral | HK$260.73M | -1.41 | -14.46% | ― | -13.96% | -167.54% | |
43 Neutral | HK$54.49M | -0.96 | -8.92% | ― | -14.67% | -706.03% |
* Consumer Cyclical Sector Average
HK:0333
Top Form International Limited
0.18
-0.12
-39.67%
HK:1382
Pacific Textiles Holdings
0.96
-0.39
-28.68%
HK:0311
Luen Thai Holdings Limited
0.23
0.07
45.00%
HK:3322
Win Hanverky Holdings Limited
0.20
-0.03
-11.74%
HK:2199
Regina Miracle International (Holdings) Limited
1.72
-0.05
-2.88%
HK:2298
Cosmo Lady (China) Holdings Co. Ltd.
0.32
0.03
12.10%
Top Form International Limited Corporate Events
Top Form Wins Shareholder Backing for Renewal of Van de Velde Sales Agreement
Jun 4, 2026
Independent shareholders of Top Form International Limited have approved the 7th Renewal Agreement governing continuing connected transactions with Van de Velde N.V. at a special general meeting held on 4 June 2026. The resolution, which sets annu...
Top Form Warns of Tough Conditions as U.S. Demand Slump Drags Q3 Sales
Jun 4, 2026
Top Form International reported third-quarter fiscal 2026 sales of HK$238.4 million, down 21.8% year on year, mainly due to weaker orders from U.S. customers and an adverse shift in customer and product mix that weighed on margins. For the nine mo...
Top Form calls special meeting to approve renewed supply deal with Van de Velde
May 12, 2026
Top Form International Limited has called a special general meeting in Hong Kong on 4 June 2026 for shareholders to vote on the approval of a 7th Renewal Agreement with long-time customer Van de Velde N.V. The proposed annual sales caps under this...
Top Form Renews Key Connected Supply Deal With Major Shareholder VDV
Apr 23, 2026
Top Form International Limited has entered into a seventh renewal agreement with its substantial shareholder VDV to continue supplying ladies’ intimate apparel for a further three years from 1 July 2026 to 30 June 2029. The arrangement exten...
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.