HKR International Limited (0480) AI Stock Analysis

• Market Cap: €1.47B
• Dividend Yield: 1.15%
• Average Volume (3M): 855.38K
• Price to Earnings (P/E): ―
• Beta (1Y): 0.48
• Revenue Growth: -55.51%
• EPS Growth: -67.95%
• Country: HK
• Employees: 1,450
• Sector: Real Estate
• Sector Strength: 49
• Industry: Real Estate - Diversified
• EPS (TTM): -0.21
• Shares Outstanding: 1,485,301,800
• 10 Day Avg. Volume: 886,408
• 30 Day Avg. Volume: 855,375
• PEG Ratio: -0.02
• Price to Book (P/B): 0.06
• Price to Sales (P/S): 0.72
• P/FCF Ratio: -3.18
• 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: €1.00
• Price Target Upside: 1.49% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 2

• Rating: 51 Neutral
• Price Target: HK$1.00 ▲(1.01% Upside)

The overall stock score of 51 reflects significant financial challenges, particularly in profitability and cash flow management. While technical indicators suggest some positive momentum, the negative P/E ratio and lack of dividend yield weigh heavily on the stock's valuation. The absence of earnings call data and corporate events means these factors do not influence the score.

Positive Factors

Development Earnings

River One in Shanghai, with over 90% pre-sold, should support development earnings in the near term.

Long-term Growth

A sizeable low-cost land bank in Discovery Bay should underpin the company’s long-term growth.

Stock Valuation

The stock is trading at a steep 94% discount to the appraised current NAV, over 1SD below its 5-year average.

Negative Factors

Net Loss

FY25 net loss widened to HKD786m, mainly due to higher revaluation deficits on investment properties.

Residential Sales Earnings

Any deterioration in residential demand in Hong Kong and China would impact the company’s residential sales earnings.

Retail Market Recovery

Any derailment of the China retail market recovery would affect the performance of HKRI Taikoo Hui in Shanghai.

HKR International Limited Business Overview & Revenue Model

Company Description

HKR International Limited (0480) is a leading investment holding company based in Hong Kong, primarily engaged in property development, property investment, and hotel operations. The company operates in various sectors including residential, commercial, and hospitality, with a focus on developing high-quality real estate projects. HKR also invests in infrastructure and renewable energy projects, aiming to diversify its portfolio and enhance long-term growth.

How the Company Makes Money

HKR International Limited generates revenue through several key streams. The primary source is from property sales and leasing activities, which include the development and sale of residential units and the leasing of commercial properties. Additionally, the company earns income from its hotel operations, providing accommodation and related services to travelers. HKR also leverages partnerships with other real estate developers and financial institutions to finance its projects and expand its market reach. The diversification into renewable energy and infrastructure investments offers potential additional revenue through government contracts and energy sales, contributing to the overall financial performance of the company.

HKR International Limited Financial Statement Overview

Summary

HKR International Limited shows mixed financial health. Revenue growth is promising, but the net loss and negative cash flow pose significant challenges. The balance sheet is relatively strong with manageable leverage, but cash flow issues and operational inefficiencies require attention. Strategic adjustments may be necessary to enhance profitability and cash generation.

Income Statement

The company experienced significant volatility in recent financial performance. Revenue for 2024 showed a strong increase compared to 2023, but the net income dropped to a significant loss of -468 million HKD. The gross profit margin remains at a healthy level; however, the net profit margin has deteriorated sharply, indicating challenges in managing costs or one-off expenses. The EBIT and EBITDA margins indicate some operational efficiency, but the recent net loss overshadows these strengths.

Balance Sheet

The balance sheet reflects a relatively stable financial position with a debt-to-equity ratio of 0.54, indicating moderate leverage. The equity ratio is healthy, demonstrating a strong equity base relative to total assets. However, the decrease in stockholders' equity from the previous year, coupled with increased debt, suggests potential financial strain or strategic investments. Overall, the company maintains a solid asset base, but leverage and decreasing equity are areas of concern.

Cash Flow

The cash flow statement shows significant deterioration in operating cash flow, leading to negative free cash flow. This highlights potential liquidity issues and the inability to cover operational costs through generated cash. The negative free cash flow growth rate and poor free cash flow to net income ratio underscore the company's current cash flow challenges.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	1.64B	1.75B	3.94B	1.69B	4.17B	3.81B
Gross Profit	579.10M	961.90M	1.39B	787.70M	1.49B	1.77B
EBITDA	130.50M	-108.00M	236.30M	327.70M	1.68B	1.31B
Net Income	-1.06B	-786.00M	-468.00M	455.60M	1.10B	897.30M
Balance Sheet
Total Assets	43.03B	43.19B	41.82B	46.90B	43.41B	38.15B
Cash, Cash Equivalents and Short-Term Investments	2.58B	591.80M	1.66B	6.23B	2.75B	3.09B
Total Debt	14.41B	12.91B	12.63B	13.46B	12.38B	8.28B
Total Liabilities	17.10B	17.91B	15.68B	19.63B	15.46B	11.54B
Stockholders Equity	23.21B	22.48B	23.36B	24.40B	25.03B	23.68B
Cash Flow
Free Cash Flow	-1.09B	-397.60M	-2.91B	2.44B	-5.54B	581.50M
Operating Cash Flow	-865.30M	-48.60M	-2.66B	2.55B	-5.35B	857.70M
Investing Cash Flow	-93.90M	-367.40M	-259.10M	374.70M	2.19B	-715.30M
Financing Cash Flow	183.70M	883.40M	-1.57B	767.50M	2.77B	208.00M

HKR International Limited Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 0.99
• 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:0480, the sentiment is Positive. The current price of 0.99 is above the 20-day moving average (MA) of 0.97, above the 50-day MA of 0.94, and above the 200-day MA of 0.89, indicating a bullish trend. The MACD of 0.01 indicates Positive momentum. The RSI at 61.84 is Neutral, neither overbought nor oversold. The STOCH value of 47.62 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for HK:0480.

HKR International Limited Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
Sector *	63 Neutral	$7.06B	13.64	-0.57%	7.01%	3.62%	-22.63%
0480	51 Neutral	€1.47B	―	-3.45%	1.15%	-55.51%	-67.95%
SHTGF	―	$293.48M	―	-2.65%	―	―	―
SIOLF	―	$168.35M	―	-118.67%	―	―	―
0251	45 Neutral	HK$764.70M	―	-3.41%	3.94%	0.96%	83.98%
0050	―	HK$1.80B	9.17	2.77%	4.78%	―	―
TNY1	―	€160.65M	―	-20.96%	―	―	―

HKR International Limited Corporate Events

HKR International Limited Announces 2025 Annual General Meeting

HKR International Limited has announced its upcoming annual general meeting scheduled for August 20, 2025, at Auberge Discovery Bay Hong Kong. The agenda includes receiving the audited financial statements, re-electing directors, and re-appointing PricewaterhouseCoopers as the independent auditor. Additionally, the meeting will address resolutions related to the issuance and management of the company’s securities, which could impact the company’s capital structure and shareholder value.

The most recent analyst rating on (HK:0480) stock is a Buy with a HK$1.16 price target. To see the full list of analyst forecasts on HKR International Limited stock, see the HK:0480 Stock Forecast page.

HKR International Reports Revenue Decline and Increased Losses for FY2025

HKR International Limited reported a significant decrease in revenue for the fiscal year ending March 31, 2025, with a 56% drop to HK$1,753.4 million, primarily due to delays in property development project completions. The company also experienced a substantial increase in losses attributable to owners, rising to HK$786.0 million, driven by unrealized losses on investment properties, despite reduced asset impairment provisions. No dividends were declared for the year, and the company announced the closure of its member registers in preparation for the upcoming annual general meeting.

The most recent analyst rating on (HK:0480) stock is a Buy with a HK$1.16 price target. To see the full list of analyst forecasts on HKR International Limited stock, see the HK:0480 Stock Forecast page.

HKR International Appoints New Executive Director

HKR International Limited has appointed Mr. Lee Yue Kong Martin as an Executive Director, effective June 18, 2025. Mr. Lee, who has been with the company since 2004, brings extensive experience in architectural design and project management, which is expected to strengthen the company’s leadership team and enhance its project management capabilities across its key markets.

The most recent analyst rating on (HK:0480) stock is a Buy with a HK$1.16 price target. To see the full list of analyst forecasts on HKR International Limited stock, see the HK:0480 Stock Forecast page.

HKR International Limited Announces Board and Committee Structure

HKR International Limited has announced the composition of its board of directors and the establishment of four regulatory committees: Audit, Remuneration, Nomination, and Corporate Governance. This announcement highlights the company’s commitment to strong governance practices, potentially impacting its operational transparency and stakeholder confidence.

The most recent analyst rating on (HK:0480) stock is a Buy with a HK$1.16 price target. To see the full list of analyst forecasts on HKR International Limited stock, see the HK:0480 Stock Forecast page.

HKR International Issues Profit Warning Amid Real Estate Market Challenges

HKR International Limited has issued a profit warning, anticipating a substantial increase in losses for the fiscal year ending March 31, 2025. The projected loss of approximately HK$786 million is attributed to a decline in revenue from property sales and increased fair value losses on investment properties, reflecting challenging conditions in the real estate market. Stakeholders are advised to exercise caution as the company finalizes its audited results.

The most recent analyst rating on (HK:0480) stock is a Buy with a HK$1.16 price target. To see the full list of analyst forecasts on HKR International Limited stock, see the HK:0480 Stock Forecast page.

HKR International to Announce Year-End Financial Results and Dividend Decision

HKR International Limited announced that its board of directors will meet on June 18, 2025, to approve the company’s final financial results for the year ending March 31, 2025, and to consider the declaration or recommendation of a dividend. This meeting is significant as it will determine the company’s financial performance and potential shareholder returns, impacting its market positioning and stakeholder interests.

The most recent analyst rating on (HK:0480) stock is a Buy with a HK$1.84 price target. To see the full list of analyst forecasts on HKR International Limited stock, see the HK:0480 Stock Forecast page.