DTXS Silk Road Investment Holdings Company Limited (0620) AI Stock Analysis

• Market Cap: HK$448.57M
• Dividend Yield: N/A
• Average Volume (3M): 4.93M
• Price to Earnings (P/E): ―
• Beta (1Y): -0.29
• Revenue Growth: -33.28%
• EPS Growth: 91.18%
• Country: HK
• Employees: 93
• Sector: Consumer Cyclical
• Sector Strength: 84
• Industry: Specialty Retail
• EPS (TTM): -0.02
• Shares Outstanding: 801,025,200
• 10 Day Avg. Volume: 5,050,200
• 30 Day Avg. Volume: 4,925,553
• PEG Ratio: 0.08
• Price to Book (P/B): 0.20
• Price to Sales (P/S): 4.09
• P/FCF Ratio: -1.94
• 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$0.50 ▼(-10.71% Downside)

The overall stock score is heavily influenced by significant financial challenges, including declining revenue, negative profit margins, and high leverage. Technical analysis indicates weak momentum, and valuation metrics are unattractive due to a negative P/E ratio and lack of dividend yield. These factors collectively result in a low stock score.

Positive Factors

Strategic Partnerships

Strategic partnerships can enhance market reach and provide access to new opportunities, supporting long-term growth and diversification.

Diversified Portfolio

A diversified investment portfolio across high-growth sectors can mitigate risks and capitalize on emerging market trends, aiding sustainable returns.

Revenue Streams

Multiple revenue streams provide stability and resilience, reducing dependence on any single source and supporting long-term financial health.

Negative Factors

Declining Revenue

Consistent revenue decline indicates challenges in maintaining market position and competitiveness, threatening long-term profitability.

High Leverage

High leverage can strain financial resources, limit strategic flexibility, and increase vulnerability to economic downturns, impacting long-term stability.

Negative Cash Flow

Negative cash flow challenges liquidity and operational sustainability, potentially hindering the company's ability to invest in growth and innovation.

DTXS Silk Road Investment Holdings Company Limited Business Overview & Revenue Model

Company Description

DTXS Silk Road Investment Holdings Company Limited, an investment holding company, engages in the arts and collections, auction, vineyard, and merchandise trading businesses in Hong Kong, Mainland China, and France. It operates through Arts and Cultural, Winery and Trading, and Property Development divisions. The Arts and Cultural division engages in the sale of antiques, bronze mirrors, ancient coins, and jewelry items; and art financing and art central district business. The Winery and Trading division produces and sells wines; and trades in electronic devices, cosmetics, and other consumer products. The Property Development division engages in the property investment and development activities. The company was formerly known as UDL Holdings Limited and changed its name to DTXS Silk Road Investment Holdings Company Limited in February 2016. The company was incorporated in 1991 and is headquartered in Central, Hong Kong. DTXS Silk Road Investment Holdings Company Limited is a subsidiary of Da Tang Xi Shi International Holdings Limited.

How the Company Makes Money

DTXS Silk Road Investment Holdings Company Limited generates revenue through several key streams, including capital appreciation from its investments in various sectors, dividend income from its equity holdings, and management fees from investment management services. The company may also engage in strategic partnerships and joint ventures that provide additional revenue opportunities. Its focus on sectors with growth potential, such as real estate and technology, allows it to capitalize on market trends, while its asset management services provide a steady income through fees associated with managing client investments.

DTXS Silk Road Investment Holdings Company Limited Financial Statement Overview

Summary

DTXS Silk Road Investment Holdings Company Limited faces significant financial challenges across all verticals. The income statement shows declining revenue and negative margins, while the balance sheet is burdened with high leverage. Cash flow issues further exacerbate the company's financial position, indicating a need for strategic restructuring to improve financial health and sustainability.

Income Statement

The income statement shows significant challenges with declining revenue and negative profit margins. The company experienced a revenue decline of 10.66% in the most recent year, and both EBIT and net profit margins are negative, indicating operational inefficiencies and losses. The gross profit margin has decreased significantly from previous years, highlighting a reduction in profitability.

Balance Sheet

The balance sheet reflects a high debt-to-equity ratio of 1.63, indicating significant leverage, which could pose financial risks. The return on equity is negative, suggesting that the company is not generating sufficient returns on shareholders' investments. However, the equity ratio remains relatively stable, providing some balance sheet strength.

Cash Flow

Cash flow analysis reveals negative operating and free cash flows, with a substantial decline in free cash flow growth. The operating cash flow to net income ratio is negative, indicating cash flow challenges. Despite a free cash flow to net income ratio close to 1, the overall cash flow position is weak, raising concerns about liquidity.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	38.04M	42.43M	44.49M	1.13B	107.40M	193.18M
Gross Profit	26.60M	17.10M	36.08M	554.98M	75.28M	81.91M
EBITDA	-55.32M	-25.72M	-362.03M	426.07M	-9.75M	38.25M
Net Income	-26.58M	-23.73M	-302.06M	106.45M	-33.66M	32.56M
Balance Sheet
Total Assets	3.68B	3.51B	3.48B	3.56B	3.64B	2.46B
Cash, Cash Equivalents and Short-Term Investments	8.70M	20.07M	25.63M	102.84M	31.63M	193.40M
Total Debt	1.44B	1.39B	1.34B	1.52B	1.67B	718.76M
Total Liabilities	2.75B	2.58B	2.50B	2.21B	2.42B	1.22B
Stockholders Equity	851.02M	853.44M	887.42M	1.21B	1.15B	1.16B
Cash Flow
Free Cash Flow	-7.15M	-89.25M	124.91M	190.32M	-941.13M	-95.06M
Operating Cash Flow	-7.12M	-89.21M	124.92M	190.65M	-941.12M	-94.30M
Investing Cash Flow	-532.00K	3.01M	-22.00K	-458.00K	-13.81M	-64.08M
Financing Cash Flow	1.11M	79.43M	-202.39M	-111.19M	790.79M	-8.62M

DTXS Silk Road Investment Holdings Company Limited Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 0.56
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Positive
• RSI: Neutral
• STOCH: Positive

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For HK:0620, the sentiment is Negative. The current price of 0.56 is below the 20-day moving average (MA) of 0.62, below the 50-day MA of 0.65, and below the 200-day MA of 0.57, indicating a bearish trend. The MACD of -0.02 indicates Positive momentum. The RSI at 35.27 is Neutral, neither overbought nor oversold. The STOCH value of >-0.01 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for HK:0620.

DTXS Silk Road Investment Holdings Company Limited Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
Sector *	61 Neutral	$18.38B	12.79	-2.54%	3.03%	1.52%	-15.83%
0178	56 Neutral	HK$1.83B	19.34	8.44%	4.75%	-3.18%	-36.46%
1572	54 Neutral	HK$167.36M	-237.50	-0.06%	―	-14.12%	-104.76%
1939	45 Neutral	HK$399.27M	-20.67	-7.74%	―	85.29%	39.63%
1759	44 Neutral	HK$211.68M	-17.52	-3.11%	―	50.72%	-434.09%
0620	39 Underperform	HK$448.57M	-13.07	-3.08%	―	-33.28%	91.18%

DTXS Silk Road Investment Holdings Company Limited Corporate Events

DTXS Silk Road Switches 2029 Convertible Bond Placing to Tranche-Based Issuance

DTXS Silk Road Investment Holdings has amended its placing agreement for 3.85% convertible bonds due 2029, allowing the issuance of the bonds to be completed in multiple tranches rather than in a single placement. Each tranche must generally have a minimum principal amount of HK$3 million, with completion of each tranche subject to conditions including listing approval for the relevant conversion shares, prior shareholder approval of the placing and its specific mandate, and receipt of all necessary regulatory and third-party consents. The revised structure provides the company and its placing agents with greater flexibility in timing and size of capital raising within the approved placing period, potentially aligning issuance more closely with investor demand and market conditions, which may help optimise funding costs and reduce execution risk for both the company and its stakeholders.

The most recent analyst rating on (HK:0620) stock is a Sell with a HK$0.50 price target. To see the full list of analyst forecasts on DTXS Silk Road Investment Holdings Company Limited stock, see the HK:0620 Stock Forecast page.

DTXS Silk Road Investment Approves Key Resolutions at SGM

DTXS Silk Road Investment Holdings Company Limited announced the successful passing of ordinary resolutions at its Special General Meeting held on December 12, 2025. Key resolutions included the approval of a new share option scheme and the placing of convertible bonds worth up to HK$323 million, which could be converted into new shares. This development is likely to enhance the company’s capital structure and provide flexibility for future growth, potentially impacting its market position positively.

The most recent analyst rating on (HK:0620) stock is a Sell with a HK$0.50 price target. To see the full list of analyst forecasts on DTXS Silk Road Investment Holdings Company Limited stock, see the HK:0620 Stock Forecast page.

DTXS Silk Road Investment Announces New Hong Kong Office Location

DTXS Silk Road Investment Holdings Company Limited announced a change in the address of its head office and principal place of business in Hong Kong, effective from December 9, 2025. This relocation to the Bank of America Tower in Central, Hong Kong, is part of the company’s operational adjustments, which may impact its logistical and strategic positioning in the region.

The most recent analyst rating on (HK:0620) stock is a Sell with a HK$0.50 price target. To see the full list of analyst forecasts on DTXS Silk Road Investment Holdings Company Limited stock, see the HK:0620 Stock Forecast page.

DTXS Silk Road Extends Put Option Period and Revises Pricing Formula

DTXS Silk Road Investment Holdings Company Limited has announced a further extension of the option period under the Put Option agreement with DTXS International Holdings. The option period, originally set to expire in November 2025, has been extended by twelve months to November 2026. This extension allows the Subscriber more time to exercise the option to require DTXS International Holdings to purchase the Option Shares. Additionally, the formula for determining the Option Price has been revised, which could impact the financial terms of the transaction for stakeholders.

The most recent analyst rating on (HK:0620) stock is a Sell with a HK$0.50 price target. To see the full list of analyst forecasts on DTXS Silk Road Investment Holdings Company Limited stock, see the HK:0620 Stock Forecast page.

DTXS Silk Road Investment Holdings Announces Revised SGM Notice and Strategic Resolutions

DTXS Silk Road Investment Holdings Company Limited has issued a revised notice for its Special General Meeting to be held on December 12, 2025. The meeting will address resolutions including the approval and adoption of a New Share Option Scheme, which allows the issuance of shares up to 10% of the company’s issued share capital. Additionally, the company seeks approval for a placing agreement involving convertible bonds worth up to HK$323 million, convertible into a maximum of 340 million new shares, indicating a strategic move to potentially raise capital and enhance shareholder value.

The most recent analyst rating on (HK:0620) stock is a Sell with a HK$0.50 price target. To see the full list of analyst forecasts on DTXS Silk Road Investment Holdings Company Limited stock, see the HK:0620 Stock Forecast page.

DTXS Silk Road Investment Proposes New Share Option Scheme

DTXS Silk Road Investment Holdings Company Limited has announced a special general meeting to discuss and potentially approve a new share option scheme. This scheme would allow the issuance of shares up to 10% of the company’s issued share capital, contingent upon approval from the Hong Kong Stock Exchange. The meeting will also address the Scheme Mandate Limit, which restricts the total number of shares issued under all share schemes to 10% of the company’s total shares. This initiative aims to enhance the company’s flexibility in managing its share capital and incentivizing stakeholders.

The most recent analyst rating on (HK:0620) stock is a Sell with a HK$0.50 price target. To see the full list of analyst forecasts on DTXS Silk Road Investment Holdings Company Limited stock, see the HK:0620 Stock Forecast page.

DTXS Silk Road Explores New Business Directions

DTXS Silk Road Investment Holdings Company Limited is exploring new business directions, focusing on real-world asset tokenization technology and revitalizing existing businesses. These initiatives are in preliminary stages, with no concrete plans yet, but indicate a strategic shift towards digital innovation and potential partnerships with large enterprises.

The most recent analyst rating on (HK:0620) stock is a Hold with a HK$1.00 price target. To see the full list of analyst forecasts on DTXS Silk Road Investment Holdings Company Limited stock, see the HK:0620 Stock Forecast page.

DTXS Silk Road Investment Plans HK$323 Million Convertible Bond Placement

DTXS Silk Road Investment Holdings Company Limited has announced a plan to place 3.85% convertible bonds due in 2028, under a specific mandate, with Cheong Lee Securities Limited acting as the placing agent. The company aims to raise up to HK$323 million through this placement, which will involve the issuance of convertible bonds that can be converted into shares. This move is intended to strengthen the company’s financial position and enhance its capital structure, potentially impacting its market positioning by increasing its share capital by up to 29.80%. The success of this placement is contingent upon shareholder approval and market conditions.

The most recent analyst rating on (HK:0620) stock is a Hold with a HK$1.00 price target. To see the full list of analyst forecasts on DTXS Silk Road Investment Holdings Company Limited stock, see the HK:0620 Stock Forecast page.