Tse Sui Luen Jewellery (International) Ltd (0417) AI Stock Analysis

• Market Cap: HK$179.41M
• Dividend Yield: N/A
• Average Volume (3M): 51.41K
• Price to Earnings (P/E): ―
• Beta (1Y): 0.72
• Revenue Growth: -19.22%
• EPS Growth: -173.52%
• Country: HK
• Employees: 1,325
• Sector: Consumer Cyclical
• Sector Strength: 60
• Industry: Luxury Goods
• EPS (TTM): -0.62
• Shares Outstanding: 249,182,040
• 10 Day Avg. Volume: 52,696
• 30 Day Avg. Volume: 51,415
• PEG Ratio: -0.13
• Price to Book (P/B): 0.29
• Price to Sales (P/S): 0.00
• P/FCF Ratio: 1.03
• 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: 50 Neutral
• Price Target: ―

The overall score of 50 reflects significant financial challenges, including declining profitability and high leverage. Although cash flow has improved, the negative P/E ratio and bearish technical indicators weigh heavily on the stock's outlook. Immediate focus on improving operational efficiency and financial stability is critical for future growth.

Tse Sui Luen Jewellery (International) Ltd Business Overview & Revenue Model

Company Description

Tse Sui Luen Jewellery (International) Ltd (0417) is a prominent jewellery company based in Hong Kong, specializing in the design, manufacture, and retail of a wide range of jewellery products. The company operates through various sectors, including retail, wholesale, and e-commerce, offering an extensive assortment of jewellery items such as gold, platinum, diamonds, and precious gemstones. With a strong presence in Asia, TSL Jewellery is recognized for its unique designs and high-quality craftsmanship.

How the Company Makes Money

Tse Sui Luen Jewellery (International) Ltd generates revenue primarily through the sale of jewellery products across its retail stores, e-commerce platforms, and wholesale distribution channels. The company's retail segment is a significant revenue driver, with a network of stores in prime locations catering to both local and international customers. Additionally, TSL Jewellery's e-commerce platform allows for global sales, expanding their market reach. The wholesale segment further contributes to revenue by supplying jewellery to third-party retailers and partners. The company's earnings are also influenced by strategic marketing initiatives, brand collaborations, and customer loyalty programs that enhance sales and customer engagement.

Tse Sui Luen Jewellery (International) Ltd Financial Statement Overview

Summary

Tse Sui Luen Jewellery (International) Ltd is experiencing financial pressure with declining profitability and high leverage. While cash flow generation has shown some improvement, the company's reliance on debt financing poses risks. Continued focus on revenue growth and cost management is essential to enhance financial stability.

Income Statement

The company has faced revenue fluctuations over the past years with a recent decline in gross profit margin (from 35.1% to 29.6%) and a significant drop in net income, resulting in a negative net profit margin of -14.1% in 2024. The decline in EBIT and EBITDA margins suggests operational challenges, although past years showed positive margins.

Balance Sheet

The balance sheet reflects high leverage with a debt-to-equity ratio of 2.16 in 2024, indicating potential risk if earnings do not improve. Stockholders' equity has decreased, impacting the equity ratio, which stands at 23.4%, showing reliance on debt financing.

Cash Flow

Operating cash flow has improved to 146 million, and free cash flow turned positive at 68.3 million in 2024 after being negative in 2023. However, the free cash flow to net income ratio is distorted due to negative net income, indicating challenges in translating profits into cash.

Breakdown	TTM	Mar 2024	Mar 2023	Mar 2022	Mar 2021	Mar 2020
Income Statement
Total Revenue	2.17B	2.65B	2.59B	2.77B	2.65B	2.91B
Gross Profit	612.61M	785.66M	908.84M	1.06B	959.72M	1.15B
EBITDA	-218.29M	-115.26M	177.10M	254.01M	260.16M	262.10M
Net Income	-359.80M	-374.20M	-71.54M	15.55M	-44.09M	-89.75M
Balance Sheet
Total Assets	2.63B	2.36B	2.84B	2.71B	2.53B	2.71B
Cash, Cash Equivalents and Short-Term Investments	323.66M	179.97M	714.50M	737.23M	697.08M	568.75M
Total Debt	1.02B	1.19B	1.33B	1.07B	1.12B	1.25B
Total Liabilities	1.66B	1.81B	1.95B	1.66B	1.59B	1.81B
Stockholders Equity	974.42M	553.73M	894.06M	1.05B	942.21M	900.21M
Cash Flow
Free Cash Flow	149.80M	68.31M	-43.25M	253.94M	338.34M	193.24M
Operating Cash Flow	199.43M	146.04M	86.59M	310.05M	360.56M	291.83M
Investing Cash Flow	5.41M	-5.12M	-132.28M	-94.39M	-79.67M	-176.10M
Financing Cash Flow	-422.29M	-299.49M	58.55M	-250.67M	-248.92M	-19.87M

Tse Sui Luen Jewellery (International) Ltd Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 0.72
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Neutral
• STOCH: Negative

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For HK:0417, the sentiment is Positive. The current price of 0.72 is above the 20-day moving average (MA) of 0.68, above the 50-day MA of 0.65, and above the 200-day MA of 0.70, indicating a bullish trend. The MACD of 0.02 indicates Negative momentum. The RSI at 58.24 is Neutral, neither overbought nor oversold. The STOCH value of 84.29 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for HK:0417.

Tse Sui Luen Jewellery (International) Ltd Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
1929	80 Outperform	$133.97B	22.93	22.73%	2.94%	0.94%	-32.06%
3988	77 Outperform	$1.70T	5.29	9.57%	89.69%	6.59%	-0.89%
2899	75 Outperform	$576.88B	14.40	27.63%	1.46%	3.41%	60.46%
1168	71 Outperform	HK$1.84B	0.46	49.31%	―	-3.99%	―
Sector *	56 Neutral	$3.37B	4.05	-1.30%	6.64%	0.16%	-63.79%
0417	50 Neutral	HK$179.41M	―	-43.57%	―	-19.22%	-173.52%

Tse Sui Luen Jewellery (International) Ltd Corporate Events

Tse Sui Luen Jewellery Updates Bermuda Office Addresses

Tse Sui Luen Jewellery (International) Ltd announced a change in the addresses of its registered office and principal share registrar and transfer office in Bermuda, effective from March 24, 2025. This change reflects the company’s ongoing operational adjustments, though the branch share registrar and transfer office in Hong Kong remains unchanged, indicating stability in its Hong Kong operations.