Oriental Watch Holdings Limited (HK:0398)
:0398
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Oriental Watch Holdings
(0398)
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Rating:70Outperform
Price Target:
HK$4.00
▲(8.99% Upside)
Action:UpgradedDate:08/22/25
Oriental Watch Holdings scores a 70, driven by strong valuation metrics with a low P/E ratio and high dividend yield. However, mixed financial performance and neutral technical indicators moderate the overall score. The absence of earnings call and corporate events data means these factors do not influence the score.
Positive Factors
Low leverage / strong balance sheet
A very low debt-to-equity ratio gives the company durable financial flexibility to fund inventory, store operations and selective investments without high interest burden. This capital structure reduces solvency risk and supports resilience through cyclical luxury demand swings.
Negative Factors
Declining revenue growth
Sustained revenue contraction undermines scale economics in retail operations and can erode bargaining power with brands. For a luxury retailer focused on Hong Kong and mainland China, ongoing sales declines reduce capacity to absorb fixed costs and limit funds for strategic investments.
Read all positive and negative factors
Positive Factors
Negative Factors
Low leverage / strong balance sheet
A very low debt-to-equity ratio gives the company durable financial flexibility to fund inventory, store operations and selective investments without high interest burden. This capital structure reduces solvency risk and supports resilience through cyclical luxury demand swings.
Read all positive factors
Oriental Watch Holdings (0398) vs. iShares MSCI Hong Kong ETF (EWH)
Market Cap
HK$1.60B
Dividend Yield9.67%
Average Volume (3M)570.37K
Price to Earnings (P/E)4.1
Beta (1Y)0.20
Revenue Growth-9.00%
EPS Growth-21.55%
CountryHK
Employees609
SectorConsumer Cyclical
Sector Strength84
IndustryLuxury Goods
Share Statistics
EPS (TTM)0.21
Shares Outstanding487,358,220
10 Day Avg. Volume770,300
30 Day Avg. Volume570,368
Financial Highlights & Ratios
PEG Ratio-0.44
Price to Book (P/B)0.98
Price to Sales (P/S)0.50
P/FCF Ratio6.55
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
Oriental Watch Holdings Business Overview & Revenue Model
Company Description
Oriental Watch Holdings Limited, an investment holding company, engages in watch trading business in Hong Kong, Macau, Taiwan, and Mainland China. It offers watches of various brands, such as Rolex, Tudor, Piaget, Grovana, Hublot, Oris, Sacom, Ome...
How the Company Makes Money
Oriental Watch Holdings generates revenue primarily through the retail and wholesale of luxury watches. The company's key revenue streams include direct sales from its retail stores, online sales, and wholesale distribution to other retailers. Add...
Oriental Watch Holdings Financial Statement Overview
Summary
Income Statement
65
Positive
Balance Sheet
72
Positive
Cash Flow
60
Neutral
| Breakdown | TTM | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 3.27B | 3.45B | 3.64B | 3.70B | 3.64B | 3.50B |
| Gross Profit | 967.35M | 1.09B | 1.15B | 1.05B | 1.05B | 850.00M |
| EBITDA | 377.29M | 507.87M | 522.97M | 587.15M | 675.67M | 458.85M |
| Net Income | 181.88M | 200.50M | 250.49M | 295.43M | 362.57M | 233.26M |
Balance Sheet | ||||||
| Total Assets | 2.43B | 2.24B | 2.39B | 2.62B | 2.88B | 2.73B |
| Cash, Cash Equivalents and Short-Term Investments | 989.88M | 847.89M | 910.86M | 1.09B | 1.29B | 1.07B |
| Total Debt | 222.29M | 195.26M | 266.43M | 352.12M | 470.12M | 368.89M |
| Total Liabilities | 629.79M | 488.73M | 591.51M | 723.33M | 843.11M | 736.98M |
| Stockholders Equity | 1.80B | 1.75B | 1.79B | 1.89B | 2.04B | 1.99B |
Cash Flow | ||||||
| Free Cash Flow | 211.92M | 263.44M | 293.50M | 399.52M | 679.29M | 630.37M |
| Operating Cash Flow | 244.60M | 288.09M | 346.99M | 446.49M | 752.12M | 660.35M |
| Investing Cash Flow | 656.00K | 24.07M | -67.84M | -61.71M | -97.64M | -65.01M |
| Financing Cash Flow | -350.14M | -363.95M | -423.46M | -530.65M | -457.74M | -497.71M |
Oriental Watch Holdings Technical Analysis
Negative
3.67
Price Trends
3.39
Negative
3.37
Negative
3.25
Positive
Market Momentum
-0.02
Positive
33.18
Neutral
26.78
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For HK:0398, the sentiment is Negative. The current price of 3.67 is above the 20-day moving average (MA) of 3.35, above the 50-day MA of 3.39, and above the 200-day MA of 3.25, indicating a neutral trend. The MACD of -0.02 indicates Positive momentum. The RSI at 33.18 is Neutral, neither overbought nor oversold. The STOCH value of 26.78 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for HK:0398.
Oriental Watch Holdings Peers Comparison
UnderperformOutperform
Sector (61)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
77 Outperform | HK$2.29B | 1.58 | 5.10% | 4.05% | 6.60% | -14.32% | |
76 Outperform | HK$463.75M | 2.83 | 11.02% | 6.00% | 14.52% | 15.74% | |
72 Outperform | HK$2.42B | 3.36 | 5.92% | 7.71% | -7.48% | -16.11% | |
70 Outperform | HK$1.60B | 4.06 | 10.00% | 9.67% | -9.00% | -21.55% | |
61 Neutral | $18.38B | 12.79 | -2.54% | 3.03% | 1.52% | -15.83% | |
50 Neutral | HK$783.92M | 4.39 | -1.15% | ― | -41.44% | -209.76% | |
48 Neutral | HK$374.26M | -11.47 | -7.92% | ― | -18.07% | -1041.89% |
* Consumer Cyclical Sector Average
HK:0398
Oriental Watch Holdings
3.29
0.38
12.98%
HK:0256
Citychamp Watch & Jewellery Group
0.09
-0.28
-76.76%
HK:0113
Dickson Concepts (International)
6.27
2.04
48.33%
HK:0887
Emperor Watch & Jewellery
0.32
0.14
80.00%
HK:3389
Hengdeli Holdings
0.18
0.08
91.40%
HK:0280
King Fook Holdings Limited
0.51
0.20
64.52%
Oriental Watch Holdings Corporate Events
Oriental Watch Holdings Reports Decline in Interim Revenue and Profit
Nov 19, 2025
Oriental Watch Holdings Limited reported its unaudited consolidated results for the six months ending September 30, 2025, showing a decrease in revenue to HK$1,618,471,000 from HK$1,800,461,000 in the previous year. Despite the revenue drop, the c...
Oriental Watch Holdings Declares Interim Dividend for 2025
Nov 19, 2025
Oriental Watch Holdings Limited has announced an interim cash dividend of HKD 0.053 per share for the six months ending 30 September 2025, with the payment scheduled for 28 January 2026. This announcement reflects the company’s stable financ...
Oriental Watch Holdings Declares Special Dividend
Nov 19, 2025
Oriental Watch Holdings Limited has declared a special dividend of HKD 0.155 per share for the six months ending 30 September 2025. This announcement reflects the company’s strong financial performance and commitment to returning value to it...
Oriental Watch Holdings Announces Board Meeting for Interim Results
Nov 5, 2025
Oriental Watch Holdings Limited has announced that its board of directors will meet on November 19, 2025, to approve the interim results for the six months ending September 30, 2025, and to consider the declaration of an interim dividend. This mee...
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.