PT International Development Corporation Limited (0372) AI Stock Analysis

• Market Cap: HK$75.69M
• Dividend Yield: N/A
• Average Volume (3M): 539.43K
• Price to Earnings (P/E): ―
• Beta (1Y): -2.32
• Revenue Growth: -28.11%
• EPS Growth: 61.01%
• Country: HK
• Employees: 151
• Sector: Services
• Sector Strength: N/A
• Industry: Financial - Capital Markets
• EPS (TTM): -0.09
• Shares Outstanding: 302,742,430
• 10 Day Avg. Volume: 1,427,096
• 30 Day Avg. Volume: 539,432
• PEG Ratio: >-0.01
• Price to Book (P/B): 0.30
• Price to Sales (P/S): 0.36
• P/FCF Ratio: -2.08
• 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
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 44 Neutral
• Price Target: HK$0.24 ▼(-13.21% Downside)

The overall stock score is primarily impacted by significant financial challenges, including declining revenues, high leverage, and negative cash flows. While there are some positive technical indicators, the negative valuation metrics further weigh down the score. The absence of earnings call data and corporate events limits additional insights.

Positive Factors

Diversified business model

Holding meaningful operations across real estate, logistics and infrastructure provides multiple durable revenue streams and reduces concentration risk. Diversification helps absorb sector-specific cycles, enabling the company to reallocate capital between segments and sustain operations through downturns in any single market.

Integrated logistics capabilities

Integrated logistics services address structural demand from e-commerce and global supply-chain modernization, supporting recurring service revenues and potential long-term contracts. This operational focus can produce steadier cash flow profiles than pure property sales, improving revenue stability if execution and capacity utilization hold.

Strategic partnerships broaden reach

Partnerships with local and international firms can provide access to new projects, technical capabilities and shared capital, lowering execution risk for large developments and infrastructure. Over the medium term such alliances can speed market entry, spread project risk and support more predictable contract pipelines.

Negative Factors

Steep revenue decline

A ~28% revenue contraction is a durable warning sign: loss of scale reduces pricing power and fixed-cost absorption, worsening margins. Persistent top-line decline constrains reinvestment, hinders recovery prospects, and makes meeting debt and working-capital needs harder without structural business improvement or fresh capital.

High leverage

A 2.77 debt/equity profile indicates substantial reliance on debt financing. High leverage raises refinancing and interest-rate sensitivity, limits strategic flexibility, and increases bankruptcy risk during cash-flow stress. Over months, heavy debt servicing can crowd out investment and amplify operational volatility.

Negative operating cash flow and margins

Negative operating and free cash flow alongside reported negative profit margins signal the business is not self-funding operations. This undermines capacity to invest, repay debt, or fund development projects without external financing. Persistent cash deficits pose solvency and execution risks over the medium term.

PT International Development Corporation Limited Business Overview & Revenue Model

Company Description

PT International Development Corporation Limited, an investment holding company, trades in commodities in Hong Kong, the People's Republic of China (PRC), Canada, and Sri Lanka. The company operates through Trading, Metal Recycling, Long-Term Investment, Petrochemical, Financial Institute Business, Finance, and Other Investment segments. It trades in commodities, including copper, nickel, aluminum, and chemical and energy products; invests in long-term debt and equity investments, as well as trading of securities; and provides management services. The company also offers chemical storage; loan financing; and asset management, insurance brokerage, and related services. In addition, it provides petrochemical port and storage services, as well as port-related services through operation of a terminal at Yingling Terminal Operation Area of Qinzhou Port, in Guangxi, the PRC. The company was formerly known as ITC Corporation Limited and changed its name to PT International Development Corporation Limited in June 2017. PT International Development Corporation Limited was incorporated in 1991 and is based in Wan Chai, Hong Kong.

How the Company Makes Money

The company generates revenue primarily through its real estate development and management activities, where it profits from the sale and leasing of developed properties. Additionally, PT International Development Corporation Limited earns income from logistics services provided to various businesses, optimizing supply chains and transportation solutions. Revenue is further bolstered by strategic partnerships with local and international firms that enhance its operational capabilities and market reach, as well as potential investments in infrastructure projects that provide long-term financial returns.

PT International Development Corporation Limited Financial Statement Overview

Summary

PT International Development Corporation Limited faces considerable financial challenges. The income statement reflects declining revenues and negative profitability. The balance sheet indicates high leverage with a debt-to-equity ratio of 2.77, and cash flow issues are evident with negative operating and free cash flows. These factors highlight financial instability and potential risks.

Income Statement

The income statement reveals significant challenges, with negative growth in revenue and consistently negative profit margins. The company has experienced a substantial decline in revenue over the years, with a notable drop of 21.1% in the most recent year. Gross profit margin and net profit margin are both negative, indicating that the company is not generating sufficient revenue to cover its costs. EBIT and EBITDA margins are also negative, reflecting operational inefficiencies.

Balance Sheet

The balance sheet shows high leverage with a debt-to-equity ratio of 2.77, indicating significant reliance on debt financing. Return on equity is negative, suggesting that the company is not generating returns for its shareholders. The equity ratio is relatively low, reflecting a heavy debt burden compared to equity. These factors point to financial instability and potential risks if the company cannot manage its debt effectively.

Cash Flow

Cash flow analysis highlights negative operating cash flow and free cash flow, with a significant decline in free cash flow growth. The operating cash flow to net income ratio is negative, indicating that the company is not generating cash from its operations. The free cash flow to net income ratio is positive, suggesting some ability to cover net losses, but overall cash flow management remains a concern.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	140.67M	140.67M	151.96M	452.53M	884.49M	1.47B
Gross Profit	-28.95M	-28.95M	-83.22M	-281.31M	46.18M	32.76M
EBITDA	-101.15M	-178.62M	351.00K	-249.93M	-104.61M	12.30M
Net Income	-175.97M	-175.97M	-21.34M	-201.96M	-158.42M	167.06M
Balance Sheet
Total Assets	654.72M	654.72M	911.26M	1.03B	1.60B	789.04M
Cash, Cash Equivalents and Short-Term Investments	147.88M	147.88M	83.18M	78.35M	119.97M	241.22M
Total Debt	480.56M	480.56M	520.92M	574.18M	621.23M	6.85M
Total Liabilities	573.74M	573.74M	634.18M	711.14M	884.01M	73.89M
Stockholders Equity	173.21M	173.21M	344.13M	334.45M	558.81M	709.55M
Cash Flow
Free Cash Flow	-24.65M	-24.65M	-94.04M	-56.97M	-105.23M	-31.37M
Operating Cash Flow	-14.04M	-14.04M	-86.59M	-50.53M	-36.98M	-29.22M
Investing Cash Flow	-10.39M	-8.70M	56.92M	47.40M	-78.48M	197.01M
Financing Cash Flow	-2.95M	-22.53M	26.69M	-37.19M	-13.44M	-7.69M

PT International Development Corporation Limited Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 0.28
• 50DMA: Negative
• 100DMA: Positive
• 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:0372, the sentiment is Negative. The current price of 0.28 is above the 20-day moving average (MA) of 0.27, above the 50-day MA of 0.28, and above the 200-day MA of 0.22, indicating a neutral trend. The MACD of >-0.01 indicates Positive momentum. The RSI at 36.45 is Neutral, neither overbought nor oversold. The STOCH value of 44.44 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for HK:0372.

PT International Development Corporation Limited Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
8168	56 Neutral	HK$185.52M	-28.00	-34.27%	―	-30.21%	-305.00%
Sector *	55 Neutral	$13.29B	17.42	10.03%	0.93%	7.13%	-12.93%
8226	46 Neutral	HK$53.02M	50.80	0.28%	―	―	―
0372	44 Neutral	HK$75.69M	-0.47	―	―	-28.11%	61.01%
8123	41 Neutral	HK$77.49M	-0.93	-129.94%	―	-81.40%	-435.00%
8193	41 Neutral	HK$33.02M	1.68	47.82%	―	34.66%	―
2324	38 Underperform	HK$137.74M	0.60	-14.26%	―	2126.94%	36.49%

PT International Development Corporation Limited Corporate Events

PT International Updates Board of Directors and Roles

PT International Development Corporation Limited has announced the updated list of its Board of Directors and their roles, effective from November 30, 2025. The announcement details the composition of the Board, including Executive, Non-executive, and Independent Non-executive Directors, as well as their respective roles in the company’s four Board committees. This update is significant as it reflects the company’s governance structure and may impact its strategic direction and stakeholder relations.

The most recent analyst rating on (HK:0372) stock is a Hold with a HK$0.34 price target. To see the full list of analyst forecasts on PT International Development Corporation Limited stock, see the HK:0372 Stock Forecast page.

Executive Director Resignation at PT International Development Corporation Limited

PT International Development Corporation Limited announced the resignation of Mr. Yeung Kim Ting as an executive director, effective November 30, 2025. Mr. Yeung resigned to focus on personal pursuits and confirmed no disputes or claims against the company. The board expressed gratitude for his contributions.

The most recent analyst rating on (HK:0372) stock is a Hold with a HK$0.34 price target. To see the full list of analyst forecasts on PT International Development Corporation Limited stock, see the HK:0372 Stock Forecast page.

PT International Development Corporation Limited Reports Interim Financial Results

PT International Development Corporation Limited announced its unaudited interim results for the six months ending September 30, 2025. The company reported a decrease in revenue from HK$76,034,000 in 2024 to HK$62,018,000 in 2025, with a gross profit increase from HK$4,293,000 to HK$13,647,000. Despite the improved gross profit, the company experienced a loss before taxation of HK$30,827,000, down from HK$47,040,000 in the previous year. The total comprehensive expense for the period was HK$29,210,000, reflecting a challenging financial environment.

The most recent analyst rating on (HK:0372) stock is a Hold with a HK$0.34 price target. To see the full list of analyst forecasts on PT International Development Corporation Limited stock, see the HK:0372 Stock Forecast page.

PT International Development Corporation Takes Steps to Address Financial Disclaimer

PT International Development Corporation Limited announced measures to address a disclaimer of opinion on its financial statements for the year ended 31 March 2024. The company has entered into a memorandum of understanding with Guangxi Linghang International Logistics Company Limited for a potential capital injection into its subsidiary, Guangxi Guangming Warehouse Storage Limited. This potential subscription aims to alleviate liquidity pressures by repaying outstanding debts. Additionally, the company is negotiating with Guilin Bank to resolve issues related to existing bank loans, with expectations of resolution by March 2026.

The most recent analyst rating on (HK:0372) stock is a Hold with a HK$0.50 price target. To see the full list of analyst forecasts on PT International Development Corporation Limited stock, see the HK:0372 Stock Forecast page.

PT International Development Corporation Schedules Board Meeting for Interim Results

PT International Development Corporation Limited has announced that its board of directors will meet on November 28, 2025, to approve the interim results for the six months ending September 30, 2025, and consider the recommendation of an interim dividend. This meeting is significant as it will determine the company’s financial performance and potential shareholder returns, impacting its market positioning and stakeholder interests.

The most recent analyst rating on (HK:0372) stock is a Hold with a HK$0.50 price target. To see the full list of analyst forecasts on PT International Development Corporation Limited stock, see the HK:0372 Stock Forecast page.

PT International Development Corporation Issues Profit Warning for 2025

PT International Development Corporation Limited has issued a profit warning, indicating an expected loss of no less than HK$30 million for the six months ending September 2025. This anticipated loss is an improvement from the HK$48 million loss in the same period of 2024, attributed to increased gross profit from equity brokerage income, reduced unrealized fair value loss on investments, and the absence of a one-off net gain from a subsidiary deconsolidation that occurred in 2024. The company’s interim results are yet to be finalized and may differ from this preliminary assessment.

The most recent analyst rating on (HK:0372) stock is a Hold with a HK$0.50 price target. To see the full list of analyst forecasts on PT International Development Corporation Limited stock, see the HK:0372 Stock Forecast page.

PT International Simplifies Shareholding Structure

PT International Development Corporation Limited announced a change in shareholding structure of its controlling shareholder. The share transfer, completed on November 12, 2025, was aimed at simplifying the shareholding structure. Mr. Ching remains the controlling shareholder, holding approximately 50.83% of the company’s issued share capital through Marching Great. The Securities and Futures Commission granted a waiver to avoid the need for a general offer for the company’s shares due to this transfer.

PT International Development Corp’s Subsidiary Eyes Strategic Investment

PT International Development Corporation Limited announced that its subsidiary, Guangxi Guangming Warehouse Storage Limited, has entered into a memorandum of understanding with Guangxi Linghang International Logistics Company Limited for a potential subscription. This agreement could lead to a capital injection of approximately RMB282 million, allowing the potential subscriber to acquire a 31.97% equity interest in Guangming. The proceeds from this potential subscription are intended to repay outstanding debts. If the subscription proceeds, it may result in a deemed disposal and a notifiable transaction under Hong Kong’s Listing Rules, impacting the company’s ownership structure.