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

• Market Cap: HK$589.87M
• Dividend Yield: N/A
• Average Volume (3M): 6.35M
• Price to Earnings (P/E): ―
• Beta (1Y): 1.45
• 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: 39 Underperform
• Price Target: HK$0.71 ▼(-52.42% Downside)
• Action: Downgraded Date: 03/13/26
• Date: Action: Downgraded 03/13/26

The score is driven down primarily by severe financial weakness (declining revenue, persistent losses, negative equity, and negative operating/free cash flow). Technical indicators also remain decisively bearish with the stock trading below major moving averages and negative MACD. Valuation is not a clear offset because the negative P/E reflects loss-making performance and there is no dividend yield provided.

Positive Factors

Market access (HKEX listing)

A Hong Kong Stock Exchange listing provides durable access to international capital markets and regulatory visibility. This structural advantage supports potential equity or debt raises and partnership credibility over months, aiding any multi-quarter restructuring or recapitalization plan.

Defensive industry exposure

Operating in Household & Personal Products offers structurally steady end-market demand versus cyclical sectors. That durable demand profile can stabilize revenue baselines during economic swings and provide a platform for recovery if operational fixes restore product margins and distribution.

Trading liquidity

Sustained average trading volume above one million shares indicates enduring market liquidity. That structural liquidity supports efficient price discovery, lowers barriers to raising capital via follow-on equity, and makes strategic transactions more feasible during a multi-month turnaround.

Negative Factors

Negative stockholders' equity

Negative equity is a lasting solvency concern: liabilities exceed assets, constraining access to traditional lending and increasing financing costs. Over 2-6 months this limits ability to invest, honor covenants, and execute a credible turnaround without material recapitalization or asset sales.

Sharp revenue decline

A ~37% revenue drop signals structural demand loss or market-share erosion. Over several months this reduces scale economies, weakens negotiating leverage with suppliers, and makes fixed-cost absorption harder, prolonging margin recovery and increasing the risk that losses persist absent a clear growth fix.

Negative operating and free cash flow

Persistent negative operating and free cash flow means the business cannot internally fund operations or capex. This creates ongoing dependency on external funding, heightens refinancing and liquidity risk, and materially limits the company's ability to execute strategic initiatives over the medium term.

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

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China Overseas Nuoxin International Holdings Limited Financial Statement Overview

Summary

Financials are severely weak: revenue fell sharply (-37.02%), gross/EBIT/EBITDA margins are negative, net losses persist, stockholders’ equity is negative (liabilities exceed assets), and operating/free cash flows are negative—indicating both profitability and solvency stress.

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: Positive
• STOCH: Positive

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 0.92, above the 50-day MA of 1.19, and above the 200-day MA of 1.02, indicating a bearish trend. The MACD of -0.12 indicates Positive momentum. The RSI at 27.90 is Positive, neither overbought nor oversold. The STOCH value of 19.81 is Positive, 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$303.02M	16.57	5.40%	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$378.69M	2.21	11.16%	―	11.10%	-4.38%
1338	56 Neutral	HK$110.69M	-13.18	1.78%	―	5.99%	-74.29%
6893	49 Neutral	HK$219.45M	-5.88	-23.55%	―	10.42%	11.14%
0464	39 Underperform	HK$589.87M	-10.12	358.39%	―	-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.