Sino Golf Holdings Limited (0361) AI Stock Analysis

• Market Cap: HK$270.47M
• Dividend Yield: N/A
• Average Volume (3M): 1.50M
• Price to Earnings (P/E): ―
• Beta (1Y): 0.62
• Revenue Growth: 21.34%
• EPS Growth: 86.11%
• Country: HK
• Employees: 680
• Sector: Consumer Cyclical
• Sector Strength: 65
• Industry: Leisure
• EPS (TTM): 0.00
• Shares Outstanding: 5,201,250,000
• 10 Day Avg. Volume: 906,000
• 30 Day Avg. Volume: 1,500,666
• PEG Ratio: -1.36
• Price to Book (P/B): 1.11
• Price to Sales (P/S): 0.00
• P/FCF Ratio: -29.42
• 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: 41 Neutral
• Price Target: HK$0.00 ▼(-100.00%Downside)

Sino Golf Holdings Limited's overall stock score is primarily affected by its financial instability and weak valuation. The financial performance is characterized by erratic revenue and persistent losses, creating a need for strategic improvements. Technical analysis indicates weak momentum with near oversold conditions, adding to the cautious outlook. The valuation is further challenged by negative earnings and lack of dividend yield.

Sino Golf Holdings Limited Business Overview & Revenue Model

Company Description

Sino Golf Holdings Limited is a Hong Kong-based investment holding company primarily engaged in the design, development, and manufacturing of golf equipment. The company operates through two main segments: the Manufacturing and Trading of Golf Equipment and the Trading of Golf Bags. It offers a wide range of products including golf clubs, drivers, putters, and other related accessories, catering primarily to original equipment manufacturers (OEMs) and original design manufacturers (ODMs).

How the Company Makes Money

The company generates revenue through the manufacturing and sale of golf equipment, primarily targeting OEM and ODM clients who then sell these products under their own brand names. Sino Golf Holdings Limited leverages its expertise in design and engineering to create high-quality golf products that appeal to both professional and amateur golfers. Additionally, the company is involved in the trading of golf bags, which complements its core golf equipment business. Key revenue streams include sales from its manufacturing division, as well as its trading activities. The company may also benefit from strategic partnerships and relationships with well-known golf brands and distributors that help expand its market reach and enhance its earnings potential.

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: Negative
• Last Price: 0.05
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Positive
• 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 Negative. The current price of 0.05 is below the 20-day moving average (MA) of 0.06, below the 50-day MA of 0.05, and above the 200-day MA of 0.05, indicating a neutral trend. The MACD of >-0.01 indicates Positive momentum. The RSI at 36.96 is Neutral, neither overbought nor oversold. The STOCH value of 26.20 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative 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
1123	74 Outperform	HK$129.20M	17.25	-0.34%	9.17%	-5.52%	-85.74%
0869	71 Outperform	$649.00M	4.93	11.10%	7.27%	-16.05%	-41.16%
Sector *	56 Neutral	HK$25.30B	3.94	-2.03%	6.16%	-0.31%	-67.70%
0635	53 Neutral	HK$1.08B	―	-7.27%	5.66%	-14.11%	-3796.00%
1005	44 Neutral	HK$362.98M	―	-43.56%	5.21%	-36.06%	-190.94%
0361	41 Neutral	HK$270.47M	―	-1.04%	―	21.34%	86.11%
6918	39 Underperform	HK$71.82M	―	-19.60%	―	64.02%	42.01%

Sino Golf Holdings Limited Corporate Events

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.

Sino Golf Holdings Limited Provides Update on Potential Transaction

Sino Golf Holdings Limited has announced that discussions are ongoing regarding a potential transaction, but no definitive agreements have been reached. The company will continue to provide monthly updates on the transaction’s progress, as required by the Hong Kong Code on Takeovers and Mergers, and advises shareholders and potential investors to exercise caution.

Sino Golf Holdings Limited Announces 2025 Annual General Meeting

Sino Golf Holdings Limited has announced its 2025 Annual General Meeting, scheduled for June 25, 2025, in Hong Kong. The meeting will address ordinary business matters such as the adoption of financial statements, re-election of directors, and re-appointment of auditors. Additionally, a special resolution will be considered to authorize the directors to allot and issue additional shares, which could impact the company’s capital structure and shareholder value.