Bauhaus International (Holdings) Ltd. (0483) AI Stock Analysis

• Market Cap: HK$99.19M
• Dividend Yield: N/A
• Average Volume (3M): 38.80K
• Price to Earnings (P/E): ―
• Beta (1Y): 0.27
• Revenue Growth: -1.14%
• EPS Growth: N/A
• Country: HK
• Employees: 174
• Sector: Consumer Cyclical
• Sector Strength: 84
• Industry: Apparel - Retail
• EPS (TTM): -0.02
• Shares Outstanding: 367,380,000
• 10 Day Avg. Volume: 15,400
• 30 Day Avg. Volume: 38,800
• PEG Ratio: <0.01
• Price to Book (P/B): 0.36
• Price to Sales (P/S): 0.32
• P/FCF Ratio: 1.41
• 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: 70 Outperform
• Price Target: HK$0.30 ▲(6.07% Upside)
• Action: Upgraded Date: 10/31/25
• Date: Action: Upgraded 10/31/25

Bauhaus International's overall stock score is driven by its stable financial position and positive technical indicators. The company's reasonable valuation further supports the score, though the lack of dividend yield and need for improved profitability are areas to watch.

Positive Factors

High gross margins

A 71.48% gross margin signals durable product-level pricing power and cost control in retail operations. Sustained high gross margins provide structural cushion against input cost inflation, enable reinvestment in stores and assortment, and support long-term margin expansion if SG&A is managed.

Conservative leverage and strong equity base

Low debt-to-equity (0.27) and a 74.57% equity ratio give the company financial flexibility and lower refinancing risk. This balance sheet strength supports capital investments, weathering demand shocks, and opportunistic M&A or store rollout without materially stressing liquidity over a multi‑quarter horizon.

Solid cash conversion metrics

An OCF/Net Income of 1.27 and FCF/Net Income of 0.84 indicate efficient conversion of reported profits into cash. This structural cash generation supports ongoing working capital, maintenance capex and selective reinvestment, underpinning sustainable operations despite retail cyclicality.

Negative Factors

Declining free cash flow

A 27.39% drop in free cash flow reduces the firm’s internal funding for capex, store investments or shareholder returns. If this trend persists, it could force trade-offs between growth and liquidity, constrain strategic initiatives, and increase dependence on external financing.

Low net profit margin

A 6.00% net margin leaves limited room to absorb SG&A increases, rent or wage pressure typical in retail. Persistently low net margins constrain ability to fund expansion or improve returns, and make profitability sensitive to small changes in sales or cost structure over the medium term.

Modest return on equity

ROE of 6.64% signals modest efficiency in converting equity into profits. Over time, this suggests limited organic shareholder value creation unless ROE improves via higher margins, asset turnover or strategic initiatives; otherwise growth may not meaningfully lift returns.

Bauhaus International (Holdings) Ltd. Business Overview & Revenue Model

Company Description

Bauhaus International (Holdings) Limited, an investment holding company, engages in the design and retail of apparel, bags, and fashion accessories for men and women. The company offers products under the SALAD, TOUGH, and 80/20 brands and licensed SUPERDRY brand. As of March 31, 2022, it operated 43 self-managed shops/counters/outlets in Hong Kong and Macau. In addition, the company engages in the property holding, and brand management and licensing activities; trading of garments and accessories; and provision of management services. Further, it sells its products through online retail channels. The company was founded in 1991 and is headquartered in Kowloon, Hong Kong.

How the Company Makes Money

Bauhaus International (Holdings) Ltd. primarily makes money by selling merchandise to customers under its retail operations (i.e., revenue is generated when products are sold through its stores and any other sales channels it operates). The company’s earnings are therefore driven mainly by retail sales volume and product margins (the difference between selling prices and the cost of goods sold), and are influenced by factors such as store traffic, same-store sales performance, product mix, inventory management, and operating costs (rent, staffing, logistics). Information on additional revenue streams (e.g., wholesale, franchising, licensing, e-commerce contribution, or service income), major supplier/brand partnerships, and the relative contribution of each stream is null.

Bauhaus International (Holdings) Ltd. Financial Statement Overview

Summary

Bauhaus International demonstrates a stable financial position with strong gross margins and a conservative leverage profile. While revenue growth has resumed, profitability remains an area for improvement. Cash flow metrics indicate solid cash generation, though recent declines in free cash flow warrant attention.

Income Statement

Bauhaus International has shown a modest revenue growth rate of 3.05% in the latest year, recovering from previous declines. The gross profit margin remains strong at 71.48%, indicating efficient cost management. However, the net profit margin is relatively low at 6.00%, suggesting room for improvement in profitability. The EBIT and EBITDA margins are moderate, reflecting stable operational efficiency.

Balance Sheet

The company's debt-to-equity ratio is low at 0.27, indicating a conservative leverage position. Return on equity is modest at 6.64%, showing moderate profitability relative to shareholder investment. The equity ratio stands at 74.57%, highlighting a strong equity base relative to total assets, which enhances financial stability.

Cash Flow

Free cash flow has decreased by 27.39%, which is a concern for liquidity. However, the operating cash flow to net income ratio is healthy at 1.27, indicating good cash generation relative to net income. The free cash flow to net income ratio is also strong at 0.84, suggesting efficient conversion of profits into cash.

Breakdown	Mar 2024	Mar 2023	Mar 2022	Mar 2021	Mar 2020
Income Statement
Total Revenue	194.50M	193.00M	196.62M	249.30M	371.90M
Gross Profit	139.04M	143.24M	149.94M	159.56M	240.48M
EBITDA	53.97M	47.67M	53.81M	213.68M	225.21M
Net Income	11.67M	1.21M	45.97M	142.61M	99.74M
Balance Sheet
Total Assets	235.57M	231.79M	206.89M	251.47M	599.30M
Cash, Cash Equivalents and Short-Term Investments	97.14M	87.13M	87.51M	120.17M	282.30M
Total Debt	47.40M	54.86M	30.67M	45.51M	126.86M
Total Liabilities	59.83M	67.76M	44.37M	63.27M	151.35M
Stockholders Equity	175.74M	164.04M	162.52M	188.19M	447.95M
Cash Flow
Free Cash Flow	44.67M	32.94M	68.44M	57.08M	155.42M
Operating Cash Flow	53.37M	44.71M	71.58M	59.47M	158.95M
Investing Cash Flow	-46.05M	-18.59M	-9.38M	244.36M	65.01M
Financing Cash Flow	-35.06M	-36.22M	-102.85M	-465.96M	-255.29M

Bauhaus International (Holdings) Ltd. Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 0.28
• 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:0483, the sentiment is Negative. The current price of 0.28 is below the 20-day moving average (MA) of 0.30, below the 50-day MA of 0.29, and above the 200-day MA of 0.27, indicating a bearish trend. The MACD of >-0.01 indicates Positive momentum. The RSI at 17.84 is Positive, neither overbought nor oversold. The STOCH value of 11.43 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for HK:0483.

Bauhaus International (Holdings) Ltd. Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
0483	70 Outperform	HK$99.19M	-4.24	4.49%	―	-1.14%	―
0709	67 Neutral	HK$2.36B	4.81	10.57%	9.18%	3.78%	-21.19%
Sector *	61 Neutral	$18.38B	12.79	-2.54%	3.03%	1.52%	-15.83%
0375	55 Neutral	HK$195.72M	-61.60	-5.53%	10.75%	-23.76%	-9785.71%
1817	54 Neutral	HK$266.00M	9.64	4.46%	―	-7.95%	98.95%
2528	49 Neutral	HK$150.00M	2.75	-11.64%	―	-5.89%	71.06%
0330	37 Underperform	HK$251.94M	3.33	―	―	―	―

Bauhaus International (Holdings) Ltd. Corporate Events

Bauhaus International Moves to Expand Asset Base with HK$6.21 Million Tsuen Wan Property Purchase

Bauhaus International (Holdings) Ltd., through its wholly owned unit Tough Jeans Retail Ltd., has agreed to acquire a residential property in Belvedere Garden Phase 2 in Tsuen Wan, Hong Kong, for HK$6.21 million from Bank of Communications (Hong Kong) Ltd., which is acting as mortgagee in possession. The deal, signed on 4 March 2026 with completion due by 16 April 2026, will see the flat delivered on an “as is” basis with vacant possession and is classified as a discloseable transaction under Hong Kong listing rules, signaling a modest capital deployment into non-revenue-generating property that slightly expands the group’s asset base without materially altering its earnings profile.

As the applicable percentage ratios for the transaction fall between 5% and 25%, the acquisition triggers reporting and announcement obligations but does not require shareholder approval, underscoring that it is significant yet not transformational for the group. The property, which generated no revenue in the two preceding financial years, appears aimed at strengthening Bauhaus’s property holdings and balance sheet flexibility, with limited immediate operational impact on its core fashion retail and brand businesses.

The most recent analyst rating on (HK:0483) stock is a Hold with a HK$0.50 price target. To see the full list of analyst forecasts on Bauhaus International (Holdings) Ltd. stock, see the HK:0483 Stock Forecast page.

Bauhaus International Tightens Control Structure as Family Trust Dissolves

Bauhaus International (Holdings) Limited has announced a change in the shareholding structure of its controlling shareholder following the dissolution of The Tong & Wong Family Trust on 15 January 2026. Before the dissolution, the Family Trust, through its wholly owned subsidiaries Yate Enterprises Limited and New Huge Treasure Investments Limited, held 180,000,000 shares, or about 48.99% of the company’s issued share capital. After the trust was wound up, East Asia International Trustees Limited transferred its entire shareholding in Yate Enterprises Limited to Madam Tong and Ms. Wong Hei Ting, resulting in Madam Tong holding a 75.25% interest in Yate Enterprises and becoming its sole director, while also remaining directly and indirectly interested in a total of 216,218,000 Bauhaus shares. As this restructuring triggered an obligation to make a general offer under Hong Kong takeover rules, Madam Tong sought and obtained a waiver from the Securities and Futures Commission, meaning no mandatory general offer will be made; the company has urged shareholders and potential investors to exercise caution when dealing in its shares in light of the concentrated control and recent shareholding changes.

The most recent analyst rating on (HK:0483) stock is a Hold with a HK$0.50 price target. To see the full list of analyst forecasts on Bauhaus International (Holdings) Ltd. stock, see the HK:0483 Stock Forecast page.