China Overseas Nuoxin International Holdings Limited (0464) AI Stock Analysis

• Market Cap: HK$695.74M
• Dividend Yield: N/A
• Average Volume (3M): 6.35M
• Price to Earnings (P/E): ―
• Beta (1Y): 1.42
• Revenue Growth: -45.11%
• EPS Growth: -48.30%
• Country: HK
• Employees: 319
• Sector: Consumer Defensive
• Sector Strength: 42
• Industry: Household & Personal Products
• EPS (TTM): -0.03
• Shares Outstanding: 756,242,000
• 10 Day Avg. Volume: 7,906,175
• 30 Day Avg. Volume: 6,347,925
• PEG Ratio: -0.01
• Price to Book (P/B): -13.12
• Price to Sales (P/S): 1.05
• P/FCF Ratio: -5.61
• 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: 42 Neutral
• Price Target: HK$0.88 ▼(-40.74% Downside)
• Action: Upgraded Date: 02/06/26
• Date: Action: Upgraded 02/06/26

The score is driven down primarily by very weak financial performance (declining revenue, persistent losses, negative equity, and negative operating/free cash flow). Technicals also remain bearish (below key moving averages with negative MACD), though oversold readings provide only a modest offset. Valuation is difficult to justify due to negative earnings and no dividend data.

Positive Factors

Diversified business model

Operating both property development (one-off unit sales) and property investment (leasing) provides two complementary revenue streams. Leasing can deliver recurring income to partially offset cyclical downturns in sales, supporting more stable cash flow and portfolio value over months.

Strategic local partnerships

Formal ties with local governments and construction firms can secure land access, approvals and execution capacity, shortening development timelines and reducing execution risk. These structural relationships can materially improve project throughput and cost control over multiple development cycles.

HKEX listing and market access

Being listed on the Hong Kong Exchange offers ongoing access to institutional capital and liquidity channels, which supports fundraising for large-capital development projects. Sustained market access underpins the company’s ability to refinance or raise equity when executing multi-year property pipelines.

Negative Factors

Negative shareholders' equity

Negative equity means liabilities exceed assets, signaling solvency pressure and restricting borrowing capacity. This structural weakness raises risk of covenant breaches or forced asset sales to meet obligations, materially constraining the firm’s ability to fund or scale projects over the medium term.

Negative operating and free cash flow

Persistent negative operating and free cash flows deplete liquidity and force reliance on external financing or asset disposals. Over months this undermines capacity to complete developments, pay suppliers, and service debt, increasing refinancing risk and operational strain on future project execution.

Falling revenue and negative margins

A large revenue decline combined with negative gross and operating margins indicates revenue loss and structural cost misalignment. Continued unprofitable operations damage reinvestment ability and threaten project economics, suggesting competitive or demand issues that impair recovery over the next several quarters.

China Overseas Nuoxin International Holdings Limited Business Overview & Revenue Model

Company Description

China Overseas Nuoxin International Holdings Limited, an investment holding company, designs, manufactures, and sells electrical haircare products. It also provides contract processing services. The company sells its products through brand owners and importers to beauty supply retailers and wholesalers, chain stores, mass merchandisers, warehouse clubs, and grocery stores, as well as through catalogues. It serves Asia, Europe, North and South America, Africa, and Australia. The company was formerly known as Kenford Group Holdings Limited and changed its name to China Overseas Nuoxin International Holdings Limited in May 2019. The company was founded in 1984 and is headquartered in Causeway Bay, Hong Kong. China Overseas Nuoxin International Holdings Limited is a subsidiary of China Yuen Capital Limited.

How the Company Makes Money

China Overseas Nuoxin International Holdings Limited generates revenue primarily through the sale and leasing of residential and commercial properties. The company earns significant income from property development projects, which typically involve acquiring land, constructing buildings, and selling units to end-users or investors. Another key revenue stream comes from leasing commercial properties, which provides a steady income over time. The company's strategic partnerships with local governments and construction firms can also enhance its project execution and efficiency, leading to improved profitability. Furthermore, the company may benefit from favorable market conditions in China's real estate sector, as well as increasing urbanization and demand for housing.

China Overseas Nuoxin International Holdings Limited Financial Statement Overview

Summary

Financial statements indicate severe weakness: revenue fell sharply (-37.02%), gross/net/EBIT/EBITDA margins are negative, the balance sheet shows negative shareholders’ equity (liabilities exceed assets), and operating/free cash flows are negative—pointing to ongoing losses and financial instability.

Income Statement

The company has experienced a significant decline in revenue, with a negative growth rate of -37.02% in the most recent year. Gross profit margin is negative, indicating cost of goods sold exceeds revenue. Net profit margin is also negative, reflecting ongoing losses. EBIT and EBITDA margins are both negative, highlighting operational inefficiencies and a lack of profitability.

Balance Sheet

The balance sheet shows a concerning negative stockholders' equity, indicating liabilities exceed assets. The debt-to-equity ratio is not meaningful due to negative equity, and return on equity is negative, reflecting consistent losses. The equity ratio is also negative, suggesting financial instability.

Cash Flow

Cash flow analysis reveals negative operating and free cash flows, with a significant decline in free cash flow growth. The operating cash flow to net income ratio is negative, indicating cash outflows exceed net income. The free cash flow to net income ratio is not meaningful due to negative figures.

Breakdown	TTM	Mar 2024	Mar 2023	Mar 2022	Mar 2021	Mar 2020
Income Statement
Total Revenue	92.21M	105.80M	181.00M	168.70M	265.76M	365.84M
Gross Profit	-760.00K	-5.48M	35.69M	-18.25M	15.72M	31.39M
EBITDA	-45.48M	-49.42M	2.03M	-42.00M	-7.48M	-19.45M
Net Income	-47.62M	-49.74M	-15.51M	-44.38M	-11.47M	-24.43M
Balance Sheet
Total Assets	104.35M	79.48M	149.18M	72.77M	181.01M	292.79M
Cash, Cash Equivalents and Short-Term Investments	34.63M	11.40M	39.94M	8.88M	12.36M	27.99M
Total Debt	42.03M	41.88M	56.02M	13.65M	36.57M	31.62M
Total Liabilities	119.12M	84.91M	109.10M	46.79M	110.58M	205.48M
Stockholders Equity	-18.07M	-8.51M	32.25M	25.98M	70.44M	87.31M
Cash Flow
Free Cash Flow	20.77M	-19.89M	-22.25M	15.27M	-37.44M	9.82M
Operating Cash Flow	22.26M	-18.71M	-21.88M	16.03M	-35.86M	13.54M
Investing Cash Flow	-1.50M	-1.16M	-282.00K	-765.00K	3.29M	-3.72M
Financing Cash Flow	7.95M	-8.52M	57.03M	-20.96M	14.45M	-16.88M

China Overseas Nuoxin International Holdings Limited Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 1.49
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For HK:0464, the sentiment is Negative. The current price of 1.49 is above the 20-day moving average (MA) of 1.06, above the 50-day MA of 1.28, and above the 200-day MA of 1.01, indicating a bearish trend. The MACD of -0.11 indicates Positive momentum. The RSI at 35.40 is Neutral, neither overbought nor oversold. The STOCH value of 24.87 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for HK:0464.

China Overseas Nuoxin International Holdings Limited Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
1455	70 Outperform	HK$317.08M	16.57	5.51%	6.41%	-34.28%	-45.72%
1962	69 Neutral	HK$295.66M	5.20	3.77%	10.32%	-6.67%	-29.55%
Sector *	62 Neutral	$20.33B	14.63	-3.31%	3.23%	1.93%	-12.26%
2023	58 Neutral	HK$383.60M	2.21	10.92%	―	11.10%	-4.38%
1338	56 Neutral	HK$120.17M	-13.18	1.83%	―	5.99%	-74.29%
6893	49 Neutral	HK$254.39M	-5.88	-23.55%	―	10.42%	11.14%
0464	42 Neutral	HK$695.74M	-10.12	―	―	-45.11%	-48.30%

China Overseas Nuoxin International Holdings Limited Corporate Events

China In-Tech Shores Up Finances with Share Placement, Cost Cuts and Web3.0 Push

China In-Tech Limited has outlined progress on measures to address a disclaimer of opinion on its latest annual results and to stabilise its financial position, including confirming that no loan defaults or legal actions have arisen and that it believes it has sufficient cashflow to meet obligations over the next 12 months. The group has raised approximately HK$102.9 million through a recent share subscription to fund business development, debt repayment and working capital, implemented strict cost controls in its electrical haircare appliance segment with a roughly 10% workforce reduction, and is pushing into Web3.0 ventures such as virtual digital product platforms and related payment solutions, while continuing to seek additional financing options and warning shareholders and potential investors to exercise caution.

The most recent analyst rating on (HK:0464) stock is a Hold with a HK$1.50 price target. To see the full list of analyst forecasts on China Overseas Nuoxin International Holdings Limited stock, see the HK:0464 Stock Forecast page.

China In-Tech Strengthens Web3.0 Push With Appointment of New Technical Director

China In-Tech Limited has appointed a new technical director in December 2025 to lead its technical team in designing, developing and maintaining an advanced online platform that leverages Web3.0 and other technologies to support the sale and recharge of virtual digital products. The appointee brings over 20 years of software development experience, including more than eight years in blockchain and related ecosystems, and the board believes this hire will strengthen the company’s technical capabilities and support its future development as it continues to recruit high-calibre professionals to bolster its technological edge.

The most recent analyst rating on (HK:0464) stock is a Hold with a HK$1.50 price target. To see the full list of analyst forecasts on China Overseas Nuoxin International Holdings Limited stock, see the HK:0464 Stock Forecast page.

China In-Tech Buys Shenzhen Office Property in RMB45 Million Discloseable Deal

China In-Tech Limited has agreed to acquire a set of office units in the China Economic Trade Building in Shenzhen’s Futian District for RMB45 million (approximately HK$49.5 million), with the price subject to an adjustment mechanism based on agreed terms. The transaction, executed through a wholly owned subsidiary and structured with staged, refundable deposits and a final payment upon registration of title transfer, qualifies as a discloseable transaction under Hong Kong listing rules, underscoring the company’s continued investment in physical office assets and potentially strengthening its operational footprint and asset base in one of Shenzhen’s key commercial districts.

The most recent analyst rating on (HK:0464) stock is a Hold with a HK$1.50 price target. To see the full list of analyst forecasts on China Overseas Nuoxin International Holdings Limited stock, see the HK:0464 Stock Forecast page.