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

• Market Cap: HK$408.66M
• Dividend Yield: N/A
• Average Volume (3M): 3.04M
• Price to Earnings (P/E): ―
• Beta (1Y): 0.83
• Revenue Growth: -35.50%
• EPS Growth: 47.15%
• Country: HK
• Employees: 1,325
• Sector: Consumer Cyclical
• Sector Strength: 81
• Industry: Luxury Goods
• EPS (TTM): -0.62
• Shares Outstanding: 249,182,040
• 10 Day Avg. Volume: 2,777,350
• 30 Day Avg. Volume: 3,039,108
• PEG Ratio: N/A
• Price to Book (P/B): N/A
• Price to Sales (P/S): N/A
• P/FCF Ratio: N/A
• 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: HK$2.00
• Price Target Upside: 27.39% Upside
• Rating Consensus: Hold
• Number of Analyst Covering: 1

• Rating: 54 Neutral
• Price Target: HK$2.00 ▲(27.39% Upside)

The overall stock score is primarily influenced by the company's financial challenges, including negative profitability and high leverage. Despite these issues, the stock's technical indicators show positive momentum, which provides some support to the score. However, the negative P/E ratio and lack of dividend yield weigh heavily on the valuation, limiting the overall attractiveness of the stock.

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

Company Description

Tse Sui Luen Jewellery (International) Ltd (0417) is a prominent player in the jewellery industry, primarily operating in Hong Kong and Mainland China. Established in 1971, the company specializes in the design, manufacturing, and retailing of high-quality gold and diamond jewellery. Its product offerings include a diverse range of items such as rings, necklaces, bracelets, and earrings, catering to various customer segments. Tse Sui Luen is recognized for its commitment to craftsmanship and quality, positioning itself as a trusted brand in the jewellery market.

How the Company Makes Money

Tse Sui Luen generates revenue through multiple streams, primarily from the sale of its jewellery products in retail stores and online platforms. The company operates a network of retail outlets, which are strategically located in high-traffic shopping areas to maximize customer reach. Additionally, it engages in wholesale operations, supplying jewellery to other retailers. The company's revenue model is bolstered by seasonal promotions and collaborations, especially during festive periods, which drive sales volume. Furthermore, Tse Sui Luen benefits from partnerships with luxury brands and participation in trade fairs, enhancing its visibility and market presence. The combination of retail sales, wholesale distribution, and strategic partnerships constitutes the core of its revenue generation strategy.

Tse Sui Luen Jewellery (International) Ltd Financial Statement Overview

Summary

Tse Sui Luen Jewellery (International) Ltd faces significant financial challenges, particularly in revenue growth and profitability. High leverage and negative returns on equity are concerning, though cash flow improvements provide some optimism. The company needs to address operational inefficiencies and improve its financial stability to enhance its overall financial health.

Income Statement

The company has faced significant challenges in maintaining revenue growth, with a notable decline of 21.18% in the latest year. Gross profit margins have decreased over time, and the net profit margin remains negative, indicating ongoing profitability issues. 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 2.28, indicating significant reliance on debt financing. Return on equity is negative, highlighting challenges in generating returns for shareholders. The equity ratio is low, suggesting limited financial stability.

Cash Flow

Cash flow performance shows improvement, with a 40.38% growth in free cash flow. The operating cash flow to net income ratio is positive, indicating some ability to convert income into cash. However, the free cash flow to net income ratio suggests that cash generation is still constrained by negative net income.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	2.17B	1.71B	2.65B	2.59B	2.77B	2.65B
Gross Profit	612.61M	583.51M	785.66M	908.84M	1.06B	959.72M
EBITDA	-218.29M	-16.63M	-115.26M	177.10M	254.01M	260.16M
Net Income	-359.80M	-197.75M	-374.20M	-71.54M	15.55M	-44.09M
Balance Sheet
Total Assets	2.23B	1.68B	2.36B	2.84B	2.71B	2.53B
Cash, Cash Equivalents and Short-Term Investments	110.15M	129.38M	179.97M	714.50M	737.23M	697.08M
Total Debt	1.12B	806.05M	1.19B	1.33B	1.07B	1.12B
Total Liabilities	1.70B	1.33B	1.81B	1.95B	1.66B	1.59B
Stockholders Equity	533.25M	354.02M	553.73M	894.06M	1.05B	942.21M
Cash Flow
Free Cash Flow	149.80M	210.28M	68.31M	-43.25M	253.94M	338.34M
Operating Cash Flow	199.43M	236.68M	146.04M	86.59M	310.05M	360.56M
Investing Cash Flow	2.79M	212.78M	-5.12M	-132.28M	-94.39M	-79.67M
Financing Cash Flow	-387.03M	-501.01M	-299.49M	58.55M	-250.67M	-248.92M

Tse Sui Luen Jewellery (International) Ltd Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 1.57
• 50DMA: Positive
• 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:0417, the sentiment is Positive. The current price of 1.57 is above the 20-day moving average (MA) of 1.37, above the 50-day MA of 0.97, and above the 200-day MA of 0.74, indicating a bullish trend. The MACD of 0.21 indicates Positive momentum. The RSI at 61.35 is Neutral, neither overbought nor oversold. The STOCH value of 46.98 is Neutral, 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
Sector *	61 Neutral	$18.02B	12.77	-0.74%	3.01%	1.30%	-13.03%
0417	54 Neutral	HK$408.66M	―	-43.57%	―	-35.50%	47.15%
CHOWF	―	$1.24B	5.32	9.13%	7.82%	―	―
CJEWF	―	$20.29B	26.45	22.73%	3.22%	―	―
EPRJF	―	$270.23M	8.83	5.10%	3.02%	―	―
LKFLF	―	$2.03B	13.62	8.44%	0.51%	―	―
1815	48 Neutral	HK$1.94B	81.38	1.57%	―	-23.48%	―

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.