Sino Golf Holdings Limited (0361) AI Stock Analysis

• Market Cap: HK$187.24M
• Dividend Yield: N/A
• Average Volume (3M): 4.53M
• Price to Earnings (P/E): ―
• Beta (1Y): 0.50
• Revenue Growth: -5.36%
• EPS Growth: -63.16%
• Country: HK
• Employees: 680
• Sector: Consumer Cyclical
• Sector Strength: 79
• Industry: Leisure
• EPS (TTM): >-0.01
• Shares Outstanding: 5,201,250,000
• 10 Day Avg. Volume: 9,236,000
• 30 Day Avg. Volume: 4,528,666
• PEG Ratio: N/A
• Price to Book (P/B): 0.00
• Price to Sales (P/S): 0.00
• P/FCF Ratio: 0.00
• 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: Moderate Sell
• Number of Analyst Covering: 1

• Rating: 38 Underperform
• Price Target: HK$0.00 ▼(-100.00% Downside)

Sino Golf Holdings Limited's stock is rated poorly due to significant financial instability, as evidenced by erratic revenue growth, persistent net losses, and liquidity issues. The technical indicators further highlight a bearish trend with oversold conditions, while the negative P/E ratio and lack of dividend yield underscore valuation concerns. These factors collectively contribute to a low overall stock score.

Sino Golf Holdings Limited Business Overview & Revenue Model

Company Description

Sino Golf Holdings Limited (0361) is a Hong Kong-based company primarily engaged in the design, development, manufacturing, and sale of golf equipment, including golf clubs and golf bags. The company operates through various subsidiaries and focuses on delivering high-quality golf products to an international client base, comprising both original equipment manufacturers and proprietary brands.

How the Company Makes Money

Sino Golf Holdings Limited generates revenue primarily through the sale of golf equipment such as golf clubs and golf bags. The company's revenue streams are largely driven by its manufacturing operations, where it produces golf products for both original equipment manufacturers (OEMs) and under its own brands. These products are distributed to a global market, including North America, Europe, and Asia. The company benefits from strategic partnerships with well-known golf brands, which allows it to leverage brand recognition and expand its market reach. Additionally, Sino Golf may also engage in research and development activities to innovate and enhance its product offerings, thereby maintaining a competitive edge in the industry.

Sino Golf Holdings Limited Financial Statement Overview

Summary

Sino Golf Holdings Limited exhibits erratic revenue growth and persistent net losses, highlighting financial instability. The balance sheet shows moderate leverage but declining equity and assets, suggesting long-term financial risks. Cash flow volatility and recent liquidity issues underscore the need for strategic improvements.

Income Statement

The company shows a volatile revenue trend with a significant decline from 2022 to 2023, followed by a recovery in 2024. Gross and net profit margins are weak, with the company registering a net loss in recent years. Despite some recovery in EBIT and EBITDA margins in 2024, the consistent negative net income indicates financial instability.

Balance Sheet

The debt-to-equity ratio is relatively moderate, indicating manageable leverage. However, the company's equity has decreased over the years, and total assets have declined, reflecting potential long-term financial concerns. The equity ratio is moderate but shows a decreasing trend, signaling declining asset financing through equity.

Cash Flow

The company's cash flow is erratic, with a significant drop in operating cash flow from 2023 to 2024 and zero free cash flow reported in 2024. The inability to generate positive free cash flow consistently is concerning and indicates potential liquidity issues. The positive free cash flow in previous years suggests some resilience, but recent trends are worrisome.

Breakdown	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	262.77M	216.56M	479.42M	418.48M	221.06M
Gross Profit	68.59M	48.18M	85.41M	60.04M	35.78M
EBITDA	11.62M	6.15M	23.00M	4.10M	10.17M
Net Income	-2.36M	-18.54M	-15.95M	-23.67M	-19.54M
Balance Sheet
Total Assets	399.97M	388.33M	488.61M	557.51M	558.52M
Cash, Cash Equivalents and Short-Term Investments	118.98M	111.97M	141.16M	122.73M	113.79M
Total Debt	120.35M	117.21M	185.92M	189.03M	192.54M
Total Liabilities	172.36M	158.06M	239.25M	289.80M	267.31M
Stockholders Equity	224.88M	227.54M	246.64M	264.99M	288.47M
Cash Flow
Free Cash Flow	4.52M	40.26M	18.96M	29.08M	-19.26M
Operating Cash Flow	8.75M	41.73M	20.67M	30.82M	-18.74M
Investing Cash Flow	-1.86M	674.00K	-1.25M	-1.62M	2.23M
Financing Cash Flow	-3.52M	-71.67M	34.00K	-20.55M	4.84M

Sino Golf Holdings Limited Technical Analysis

• Technical Analysis Sentiment: Neutral
• Last Price: 0.04
• 50DMA: Negative
• 100DMA: Negative
• 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:0361, the sentiment is Neutral. The current price of 0.04 is above the 20-day moving average (MA) of 0.04, below the 50-day MA of 0.05, and below the 200-day MA of 0.05, indicating a neutral trend. The MACD of >-0.01 indicates Positive momentum. The RSI at 49.80 is Neutral, neither overbought nor oversold. The STOCH value of 25.64 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for HK:0361.

Sino Golf Holdings Limited Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
Sector *	61 Neutral	$17.64B	14.17	-5.23%	3.04%	1.43%	-15.11%
0361	38 Underperform	HK$187.24M	―	-7.42%	―	-5.36%	-63.16%
PMTYF	―	$87.77M	37.50	1.28%	15.13%	―	―
PYHOF	―	$137.91M	―	-8.58%	8.18%	―	―
1123	54 Neutral	HK$151.72M	17.25	-0.34%	7.81%	-9.22%	-107.57%
6918	48 Neutral	HK$142.40M	―	-19.60%	―	64.02%	42.01%
1005	45 Neutral	HK$344.07M	―	-37.46%	5.49%	-13.08%	-21.27%

Sino Golf Holdings Limited Corporate Events

Sino Golf Holdings to Review Interim Results and Dividend Plans

Sino Golf Holdings Limited has announced a board meeting scheduled for August 27, 2025, to discuss and approve the interim results for the first half of 2025 and consider the payment of an interim dividend. This meeting is significant as it will provide insights into the company’s financial health and potential returns for shareholders.

Sino Golf Holdings Issues Profit Warning Amidst U.S. Tariff Challenges

Sino Golf Holdings Limited has issued a profit warning for the six months ending June 30, 2025, anticipating a loss of approximately HK$14.6 million, marking a 1,825% increase in losses compared to the same period in 2024. This significant downturn is attributed to the increased tariffs imposed by the United States on Chinese imports, which severely impacted the company’s sales as major customers either shifted orders or withheld shipments. Although a temporary reduction in tariffs provided some relief, the company still experienced a substantial drop in sales and financial performance.

Sino Golf Holdings Updates on Potential Asset Sale

Sino Golf Holdings Limited has announced ongoing discussions regarding a potential transaction involving the sale of certain assets. While a preliminary understanding has been reached, the transaction is contingent upon internal approvals and the satisfaction of specific pre-conditions. The company advises shareholders and potential investors to exercise caution as the transaction may or may not materialize, potentially affecting control or leading to a general offer.

Sino Golf Holdings Limited Updates on Potential Transaction Progress

Sino Golf Holdings Limited has announced that discussions are ongoing regarding a potential transaction with a selected purchaser, but no definitive agreements have been reached yet. The company will continue to provide monthly updates on the progress of this potential transaction, which may or may not result in a change of control or a general offer, urging shareholders and investors to exercise caution.

Sino Golf Holdings Announces AGM Results; Share Issuance Proposals Rejected

Sino Golf Holdings Limited announced the results of its 2025 Annual General Meeting held on June 25, 2025. All proposed resolutions, except for those numbered 7 to 9, were approved by shareholders through a poll. The resolutions that passed included the adoption of financial statements, re-election of directors, and re-appointment of the auditor. However, resolutions related to issuing and repurchasing shares did not pass, indicating a lack of shareholder support for these actions.

Sino Golf Holdings Limited Continues Discussions on Potential Transaction

Sino Golf Holdings Limited announced that discussions are ongoing regarding a potential transaction, with no definitive agreement reached yet. The company will continue to provide monthly updates as per the Takeovers Code, and stakeholders are advised to exercise caution due to the uncertainty surrounding the possible transaction.