Sino Golf Holdings Limited (HK:0361)
:0361
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Sino Golf Holdings Limited
(0361)
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Rating:41Neutral
Price Target:
HK$0.06
▼(-22.50% Downside)
Action:ReiteratedDate:01/20/26
The score is primarily pressured by weak financial performance (persistent losses, declining equity/assets, and cash flow volatility with zero free cash flow in 2024) and bearish technical signals (below key moving averages with negative MACD). Valuation provides limited support because the negative P/E reflects ongoing losses and dividend data is unavailable.
Positive Factors
Manufacturing & Distribution Strength
Owning strong manufacturing capabilities and established distribution networks supports durable product quality control, cost management and reliable fulfillment. This vertical strength helps sustain margins, meet bulk orders, and defend market share across cycles over the next 2–6 months.
Negative Factors
Persistent Net Losses
Sustained net losses erode retained earnings and reduce reinvestment capacity. Over months this limits ability to scale marketing, R&D, or distribution expansion, and increases dependence on external financing, constraining long-term operational resilience.
Read all positive and negative factors
Positive Factors
Negative Factors
Manufacturing & Distribution Strength
Owning strong manufacturing capabilities and established distribution networks supports durable product quality control, cost management and reliable fulfillment. This vertical strength helps sustain margins, meet bulk orders, and defend market share across cycles over the next 2–6 months.
Read all positive factors
Sino Golf Holdings Limited (0361) vs. iShares MSCI Hong Kong ETF (EWH)
Market Cap
HK$397.89M
Dividend YieldN/A
Average Volume (3M)47.00M
Price to Earnings (P/E)―
Beta (1Y)0.85
Revenue Growth-5.36%
EPS Growth-63.16%
CountryHK
Employees680
SectorConsumer Cyclical
Sector Strength84
IndustryLeisure
Share Statistics
EPS (TTM)>-0.01
Shares Outstanding5,851,250,000
10 Day Avg. Volume63,882,000
30 Day Avg. Volume46,999,333
Financial Highlights & Ratios
PEG Ratio1.02
Price to Book (P/B)0.93
Price to Sales (P/S)0.79
P/FCF Ratio46.03
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
Sino Golf Holdings Limited Business Overview & Revenue Model
Company Description
Sino Golf Holdings Limited, an investment holding company, designs, develops, manufactures, trades in, and sells golf equipment, and related components and parts in Japan, North America, Europe, rest of Asia, and internationally. The company opera...
How the Company Makes Money
Sino Golf Holdings Limited generates revenue through the sale of its golf-related products, which include golf clubs, bags, and various accessories. The company's revenue model is primarily based on direct sales to retailers and wholesalers, as we...
Sino Golf Holdings Limited Financial Statement Overview
Summary
Income Statement
35
Negative
Balance Sheet
45
Neutral
Cash Flow
40
Negative
| Breakdown | TTM | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 222.60M | 262.77M | 216.56M | 479.42M | 418.48M | 221.06M |
| Gross Profit | 60.91M | 68.59M | 48.18M | 85.41M | 60.04M | 35.78M |
| EBITDA | -169.00K | 11.62M | 6.15M | 23.00M | 4.10M | 10.17M |
| Net Income | -16.21M | -2.36M | -18.54M | -15.95M | -23.67M | -19.54M |
Balance Sheet | ||||||
| Total Assets | 379.46M | 399.97M | 388.33M | 488.61M | 557.51M | 558.52M |
| Cash, Cash Equivalents and Short-Term Investments | 112.24M | 118.98M | 111.97M | 141.16M | 122.73M | 113.79M |
| Total Debt | 125.92M | 120.35M | 117.21M | 185.92M | 189.03M | 192.54M |
| Total Liabilities | 166.46M | 172.36M | 158.06M | 239.25M | 289.80M | 267.31M |
| Stockholders Equity | 210.27M | 224.88M | 227.54M | 246.64M | 264.99M | 288.47M |
Cash Flow | ||||||
| Free Cash Flow | 2.69M | 4.52M | 40.26M | 18.96M | 29.08M | -19.26M |
| Operating Cash Flow | 4.21M | 8.75M | 41.73M | 20.67M | 30.82M | -13.10M |
| Investing Cash Flow | -1.45M | -1.86M | 674.00K | -1.25M | -1.62M | 2.23M |
| Financing Cash Flow | -15.63M | -3.52M | -71.67M | -9.28M | -29.42M | 4.84M |
Sino Golf Holdings Limited Technical Analysis
Neutral
0.08
Price Trends
0.07
Negative
0.08
Negative
0.07
Negative
Market Momentum
>-0.01
Negative
49.59
Neutral
51.85
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 0.08 is above the 20-day moving average (MA) of 0.07, above the 50-day MA of 0.07, and above the 200-day MA of 0.07, indicating a neutral trend. The MACD of >-0.01 indicates Negative momentum. The RSI at 49.59 is Neutral, neither overbought nor oversold. The STOCH value of 51.85 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
UnderperformOutperform
Sector (61)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
61 Neutral | $18.38B | 12.79 | -2.54% | 3.03% | 1.52% | -15.83% | |
59 Neutral | HK$519.20M | 11.49 | 1.26% | 13.73% | -44.36% | -93.64% | |
50 Neutral | HK$1.05B | -2.83 | -8.76% | 9.09% | -39.71% | -74.16% | |
50 Neutral | HK$325.17M | -7.10 | -37.46% | 4.17% | -13.08% | -21.27% | |
50 Neutral | HK$129.20M | 4.40 | -0.11% | 8.62% | -8.31% | -108.70% | |
42 Neutral | HK$139.90M | -2.22 | -18.16% | ― | 84.26% | 44.41% | |
41 Neutral | HK$397.89M | -18.05 | -10.23% | ― | -5.36% | -63.16% |
* Consumer Cyclical Sector Average
HK:0361
Sino Golf Holdings Limited
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Sino Golf Holdings Limited Corporate Events
Sino Golf Shareholders Approve Name Change to Hanfort Development Holdings
Jan 13, 2026
Shareholders of Sino Golf Holdings Limited have overwhelmingly approved a special resolution at a special general meeting on 13 January 2026 to change the company’s English name to Hanfort Development Holdings Limited and its Chinese name to...
DoThink’s Mandatory Offer for Sino Golf Closes With Minimal Increase in Stake
Dec 24, 2025
DoThink Investment Limited and Sino Golf Holdings Limited announced the close of the mandatory unconditional cash offer to acquire all issued shares of Sino Golf not already owned by DoThink’s concert group, with the offer closing on 24 Dece...
Sino Golf Announces Resignations of Four Directors Following Takeover
Dec 24, 2025
Sino Golf Holdings Limited has announced the resignation of four board members in connection with a previously disclosed takeover offer and planned board changes. Executive director Wong Hin Shek and independent non-executive directors Sheng Baoju...
Sino Golf Details Board Composition and Committee Roles
Dec 24, 2025
Sino Golf Holdings Limited has announced the current composition of its board of directors and the allocation of roles across its three key governance committees. Executive director and chairman Liu Jincheng leads the Board and serves as a member ...
Sino Golf Calls January SGM to Approve Corporate Name Change to Hanfort Development
Dec 19, 2025
Sino Golf Holdings Limited has called a special general meeting (SGM) to be held in Hong Kong on 13 January 2026, where shareholders will vote on a proposal to change the company’s English name to Hanfort Development Holdings Limited and ado...
Sino Golf Holdings Limited Announces Major Board Restructuring
Dec 3, 2025
Sino Golf Holdings Limited has announced significant changes in its board of directors and company structure. The company has appointed Mr. Liu Jincheng as the new executive director and chairman of the board, along with other new appointments and...
Sino Golf Holdings Limited Announces Board Composition and Committee Roles
Dec 3, 2025
Sino Golf Holdings Limited has announced the composition of its board of directors, which includes executive, non-executive, and independent non-executive directors. The announcement also details the membership of the board committees, highlightin...
Sino Golf Holdings Announces Mandatory Cash Offer for Share Acquisition
Dec 3, 2025
Sino Golf Holdings Limited, in conjunction with DoThink Investment Limited, has announced the dispatch of a Composite Document related to a mandatory unconditional cash offer. This offer, facilitated by CCBI on behalf of the Offeror, aims to acqui...
Sino Golf Holdings Faces Further Delay in Share Acquisition Document Dispatch
Nov 19, 2025
Sino Golf Holdings Limited and DoThink Investment Limited have announced a further delay in the dispatch of the Composite Document related to a mandatory unconditional cash offer by DoThink to acquire all issued shares of Sino Golf Holdings. The d...
Sino Golf Holdings Issues New Shares and Updates on Securities
Nov 17, 2025
Sino Golf Holdings Limited has announced the issuance of 650,000,000 new shares to DoThink Investment Limited following the exercise of conversion rights. This development increases the total number of shares in issue to 5,851,250,000. The announc...
Sino Golf Holdings Completes Major Share Acquisition by DoThink Investment
Nov 12, 2025
Sino Golf Holdings Limited has completed a significant transaction involving the sale and purchase of shares and convertible bonds with DoThink Investment Limited. This transaction has resulted in DoThink Investment Limited acquiring a majority st...
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.