Bonjour Holdings (0653) AI Stock Analysis

• Market Cap: $48.35M
• Dividend Yield: N/A
• Average Volume (3M): 380.49K
• Price to Earnings (P/E): 6.5
• Beta (1Y): 0.18
• Revenue Growth: -91.52%
• EPS Growth: -288.78%
• Country: HK
• Employees: 78
• Sector: Consumer Cyclical
• Sector Strength: 66
• Industry: Specialty Retail
• EPS (TTM): -0.57
• Shares Outstanding: 447,715,800
• 10 Day Avg. Volume: 821,770
• 30 Day Avg. Volume: 380,486
• PEG Ratio: <0.01
• Price to Book (P/B): 1.65
• Price to Sales (P/S): 0.00
• P/FCF Ratio: -2.30
• 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: Moderate Sell
• Number of Analyst Covering: 0

• Rating: 44 Neutral
• Price Target: HK$0.00 ▼(-100.00%Downside)

The overall stock score is significantly impacted by the poor financial performance and valuation. Technical analysis provides a slightly positive outlook with mild bullish indicators, but it's insufficient to offset the financial weaknesses. The lack of earnings call and corporate events data leaves these areas unaddressed in the score calculation.

Bonjour Holdings Business Overview & Revenue Model

Company Description

Bonjour Holdings Limited, an investment holding company, engages in the retail and wholesale of beauty and health-care products in Hong Kong, Macau, and the Mainland China. The company offers skin, health food, and hair and body care products; and cosmetics and fragrance products, as well as lifestyle products and snacks from Japan, Korea, and Taiwan to cater to customers' various needs. As of December 31, 2020, it operated 24 retail stores in Hong Kong and Macau. The company also sells its products online. In addition, it is involved in the property holding activities. The company was founded in 1991 and is headquartered in Tsuen Wan, Hong Kong.

How the Company Makes Money

Bonjour Holdings makes money primarily through the retail and wholesale distribution of beauty and healthcare products. The company's core revenue streams include sales from its extensive network of retail stores, which are strategically located in high-traffic areas to attract both local and tourist customers. Additionally, Bonjour Holdings leverages e-commerce platforms to reach a broader audience, enhancing its revenue through online sales. The company may also engage in partnerships with popular beauty brands to expand its product offerings and attract a diverse customer base. These partnerships, along with strategic marketing and promotions, contribute significantly to its earnings.

Bonjour Holdings Financial Statement Overview

Summary

Bonjour Holdings faces significant financial challenges, marked by declining revenues, profitability issues, and high leverage. The company's inability to generate positive cash flows from operations highlights liquidity risks, and high debt levels increase financial vulnerability. Despite some asset stability, the overall financial health is concerning, necessitating strategic changes for improvement.

Income Statement

Bonjour Holdings has experienced significant revenue volatility, with a notable decline from 2019 to 2024. The most recent annual report shows a sharp drop in revenue and a negative net income, indicating challenges in profitability. The EBIT and EBITDA margins are negative, reflecting operational inefficiencies. Despite a recovery in revenue between 2022 and 2023, the overall trend has been negative, impacting financial stability.

Balance Sheet

The company's balance sheet shows high leverage, with a debt-to-equity ratio indicating substantial reliance on debt financing. Stockholders' equity has fluctuated, and the most recent year shows a lower equity base due to accumulated losses. However, the company has managed to maintain a positive equity ratio, suggesting some stability in asset financing. The high level of liabilities relative to assets poses a risk to long-term financial health.

Cash Flow

Cash flow analysis reveals consistent negative operating cash flows, indicating challenges in generating cash from core operations. Free cash flow has been negative, impacted by negative operating cash flows, undermining the ability to invest without additional financing. The cash flow to net income ratios reflect inefficiencies in translating income into cash, highlighting liquidity constraints.

Breakdown	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	80.55M	950.27M	185.66M	626.99M	538.79M
Gross Profit	32.80M	63.05M	33.75M	49.96M	173.09M
EBITDA	-54.32M	66.86M	226.73M	-94.72M	-22.91M
Net Income	-134.37M	53.97M	167.22M	-216.74M	-255.73M
Balance Sheet
Total Assets	421.69M	504.11M	505.41M	711.42M	1.03B
Cash, Cash Equivalents and Short-Term Investments	6.45M	16.11M	41.95M	41.95M	20.29M
Total Debt	207.92M	116.51M	138.29M	512.27M	639.32M
Total Liabilities	273.04M	221.87M	350.02M	701.13M	859.00M
Stockholders Equity	148.65M	282.24M	155.39M	10.29M	172.17M
Cash Flow
Free Cash Flow	-64.79M	-58.97M	-130.97M	-108.42M	30.30M
Operating Cash Flow	-64.79M	-58.95M	-126.01M	-108.42M	49.83M
Investing Cash Flow	-1.49M	6.73M	459.99M	144.48M	1.18M
Financing Cash Flow	56.62M	50.40M	-358.00M	-10.13M	-133.28M

Bonjour Holdings Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 0.11
• 50DMA: Positive
• 100DMA: Negative
• 200DMA: Negative
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For HK:0653, the sentiment is Negative. The current price of 0.11 is above the 20-day moving average (MA) of 0.11, above the 50-day MA of 0.10, and below the 200-day MA of 0.14, indicating a neutral trend. The MACD of <0.01 indicates Negative momentum. The RSI at 52.27 is Neutral, neither overbought nor oversold. The STOCH value of 60.04 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for HK:0653.

Bonjour Holdings Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
2148	78 Outperform	$6.35B	8.27	26.76%	6.38%	11.09%	23.22%
0178	72 Outperform	HK$1.92B	25.00	6.39%	9.27%	1.20%	-49.31%
2101	67 Neutral	HK$666.08M	30.24	1.57%	―	-36.89%	-78.29%
Sector *	65 Neutral	S$950.23M	39.07	5.70%	2.74%	6.06%	-25.02%
1280	44 Neutral	HK$6.89B	―		―	35.91%	-1025.54%
0653	44 Neutral	$48.35M	6.52	-62.43%	―	-91.52%	-288.78%
1939	43 Neutral	HK$3.81B	―	-8.52%	―	-3.32%	-107.34%

Bonjour Holdings Corporate Events

Bonjour Holdings Announces Rights Issue and Placing Agreement

Bonjour Holdings Limited has announced an extraordinary general meeting to discuss several key resolutions, including a rights issue and a placing agreement. The rights issue aims to issue over 1.3 billion shares at HK$0.080 per share, while the placing agreement involves the sale of unsubscribed shares through MoneyMore Securities Limited. These measures are designed to maintain shareholder interest and financial stability, with significant implications for the company’s market positioning and shareholder structure.

Bonjour Holdings Announces Delay in Rights Issue Circular Dispatch

Bonjour Holdings Limited has announced a further delay in the dispatch of its Circular related to a proposed Rights Issue, Placing of New Shares, and Connected Transactions. This delay has led to a revision of the expected timetable for these activities, impacting the timeline for shareholders’ meetings and the processing of share entitlements. The company is taking additional time to finalize the necessary information, which may affect stakeholders’ planning and decision-making processes.

Bonjour Holdings Announces Delay in Circular Dispatch and Revised Timetable

Bonjour Holdings Limited announced a further delay in the dispatch of its circular related to a proposed rights issue, placing of new shares, and connected transactions. The delay necessitates a revised timetable for these activities, impacting the company’s financial strategy and shareholder engagement. The new expected dispatch date for the circular is on or before July 4, 2025, with subsequent adjustments to key dates for shareholder meetings and rights issue entitlements.

Bonjour Holdings Announces Delay in Circular Dispatch and Revised Timetable

Bonjour Holdings Limited has announced a further delay in the dispatch of its circular concerning the proposed rights issue, placing of new shares, and connected transactions. The delay is due to the additional time required to finalize the circular’s contents, leading to a revised timetable for these financial activities. This postponement may impact the company’s stakeholders by altering the expected timeline for shareholder meetings and rights issue proceedings.

Bonjour Holdings Enhances Governance with Nomination Committee Terms

Bonjour Holdings Limited, a company incorporated in the Cayman Islands, has released the terms of reference for its Nomination Committee. This document outlines the committee’s constitution, membership, meeting protocols, authority, duties, responsibilities, and reporting procedures. The publication of these terms is a step towards enhancing corporate governance and transparency, potentially impacting the company’s operations and stakeholder relations positively.

Bonjour Holdings Announces Delay in Rights Issue Circular Dispatch

Bonjour Holdings Limited has announced a further delay in the dispatch of its circular related to a proposed rights issue, placing of new shares, and connected transactions. This delay affects the expected timetable for these financial activities, with the circular now expected to be dispatched by June 17, 2025. The revised schedule impacts the timing of shareholder meetings and the rights issue process, potentially influencing stakeholder decisions and market positioning.

Bonjour Holdings Announces Delay in Rights Issue Circular Dispatch

Bonjour Holdings Limited has announced a delay in the dispatch of its circular related to a proposed Rights Issue, Placing, Possible Subscription, and Set-off Arrangement. The revised timetable now expects the circular to be sent out by June 3, 2025, with subsequent adjustments to key dates for shareholder meetings and rights issue qualifications. This delay may impact the company’s capital raising efforts and shareholder engagement, potentially affecting its market positioning and operational plans.