Sino Golf Holdings Limited (0361) AI Stock Analysis

• Market Cap: HK$291.27M
• Dividend Yield: N/A
• Average Volume (3M): 4.42M
• Price to Earnings (P/E): ―
• Beta (1Y): 0.75
• Revenue Growth: 21.34%
• EPS Growth: 86.11%
• Country: HK
• Employees: 680
• Sector: Consumer Cyclical
• Sector Strength: 57
• Industry: Leisure
• EPS (TTM): 0.00
• Shares Outstanding: 5,201,250,000
• 10 Day Avg. Volume: 876,000
• 30 Day Avg. Volume: 4,417,333
• PEG Ratio: 0.58
• Price to Book (P/B): 1.22
• Price to Sales (P/S): 0.00
• P/FCF Ratio: 15.91
• 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: ―

Sino Golf Holdings Limited's overall stock score reflects significant financial instability and weak technical indicators. The company's erratic revenue growth, persistent net losses, and negative P/E ratio highlight financial challenges. The bearish technical analysis suggests further potential downside risks, while the absence of a dividend yield diminishes investment appeal. Strategic financial improvements are necessary to address liquidity issues and enhance long-term viability.

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's financial performance is characterized by erratic revenue growth and persistent net losses, indicating financial instability. While the balance sheet shows moderate leverage, declining equity and assets present long-term risks. Cash flow volatility and recent liquidity issues further underscore the need for strategic financial improvements to ensure sustainability in the leisure industry.

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
	EBIT
4.84M	-11.53M	23.80M	3.41M	-7.14M
	EBITDA
11.62M	6.15M	23.00M	4.10M	10.17M
	Net Income Common Stockholders
-2.36M	-18.54M	-15.95M	-23.67M	-19.54M
Balance Sheet		Cash, Cash Equivalents and Short-Term Investments
118.98M	111.97M	141.16M	122.73M	113.79M
	Total Assets
399.97M	388.33M	488.61M	557.51M	558.52M
	Total Debt
120.35M	117.21M	185.92M	189.03M	192.54M
	Net Debt
4.34M	5.24M	44.75M	66.30M	78.76M
	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
0.00	40.26M	18.96M	29.08M	-19.26M
	Operating Cash Flow
0.00	41.73M	20.67M	30.82M	-18.74M
	Investing Cash Flow
0.00	674.00K	-1.54M	-1.68M	245.00K
	Financing Cash Flow
0.00	-71.67M	34.00K	-20.55M	11.87M

Sino Golf Holdings Limited Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 0.06
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Positive
• RSI: Negative
• STOCH: Negative

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For HK:0361, the sentiment is Positive. The current price of 0.06 is below the 20-day moving average (MA) of 0.06, above the 50-day MA of 0.05, and above the 200-day MA of 0.04, indicating a neutral trend. The MACD of <0.01 indicates Positive momentum. The RSI at 81.63 is Negative, neither overbought nor oversold. The STOCH value of 83.33 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive 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
2020	81 Outperform	$253.57B	15.11	28.11%	20.36%	11.51%	47.88%
0331	78 Outperform	HK$2.54B	5.30	49.10%	3.74%	3.11%	-2.34%
2388	78 Outperform	$374.28B	9.79	11.58%	12.86%	8.61%	16.84%
Sector *	62 Neutral	$6.76B	11.06	2.80%	6.66%	2.68%	-24.89%
3818	50 Neutral	$2.32B	―	-0.99%	15.39%	-0.16%	-189.58%
0361	41 Neutral	HK$291.27M	―	-1.04%	―	21.34%	86.11%
1159	37 Underperform	HK$255.43M	―		―	-49.75%	48.12%

Sino Golf Holdings Limited Corporate Events

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.

Sino Golf Holdings Limited Provides Update on Potential Transaction Discussions

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

Sino Golf Holdings Limited Reports Improved Financial Performance for 2024

Sino Golf Holdings Limited announced its annual results for the year ended December 31, 2024, reporting a revenue increase to HK$262,770,000 from HK$216,555,000 in 2023. Despite the revenue growth, the company reported a loss for the year of HK$2,364,000, which is a significant improvement from the HK$18,537,000 loss in the previous year, indicating a positive trend in financial performance.

Sino Golf Holdings Appoints New Non-Executive Director

Sino Golf Holdings Limited has announced the appointment of Mr. Choi Sum Shing Samson as a non-executive director, effective March 19, 2025. Mr. Choi brings extensive experience in accounting and corporate finance, having worked with Deloitte Touche Tohmatsu and serving in advisory roles at other companies. His appointment is expected to enhance the company’s strategic direction and governance.

Sino Golf Holdings Limited Announces Board Composition and Roles

Sino Golf Holdings Limited has announced the composition of its board of directors, highlighting the roles and functions of each member. The board includes an executive director, a non-executive director, and three independent non-executive directors, with specific members serving on the audit, remuneration, and nomination committees. This announcement may impact the company’s governance and strategic direction, potentially influencing stakeholder confidence and market positioning.

Sino Golf Holdings to Review Annual Results and Dividend Proposal

Sino Golf Holdings Limited has announced that its Board of Directors will convene on March 26, 2025, to review and approve the audited annual results for the year ending December 31, 2024. The meeting will also consider the recommendation of a final dividend payment, reflecting the company’s financial performance and potential shareholder returns.

Sino Golf Holdings 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 progress of this possible transaction, which may or may not lead to a change of control or a general offer.