K&P International Holdings Ltd. (0675) AI Stock Analysis

• Market Cap: HK$100.13M
• Dividend Yield: 21.33%
• Average Volume (3M): 35.80K
• Price to Earnings (P/E): ―
• Beta (1Y): -0.06
• Revenue Growth: -5.04%
• EPS Growth: 65.30%
• Country: HK
• Employees: 698
• Sector: Industrials
• Sector Strength: 87
• Industry: Hardware, Equipment & Parts
• EPS (TTM): <0.01
• Shares Outstanding: 267,004,800
• 10 Day Avg. Volume: 39,000
• 30 Day Avg. Volume: 35,800
• PEG Ratio: -0.48
• Price to Book (P/B): 0.40
• Price to Sales (P/S): 0.00
• P/FCF Ratio: -11.21
• 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

• Rating: 48 Neutral
• Price Target: HK$0.50 ▲(31.58%Upside)

K&P International Holdings Ltd. is facing significant financial performance issues with declining revenues, profitability, and cash flow, which are the most critical factors influencing the overall score. Technical analysis provides mixed signals, showing a slightly bearish trend but with potential for upward movement. The valuation is unattractive due to a negative P/E ratio, despite a high dividend yield. These factors collectively contribute to a lower overall stock score.

K&P International Holdings Ltd. Business Overview & Revenue Model

Company Description

K&P International Holdings Ltd. (0675) is a Hong Kong-based company primarily engaged in the manufacturing and distribution of precision components. The company operates within the industrial and consumer electronics sectors, providing high-quality components such as switches, jacks, and connectors used in various electronic devices. K&P International serves a diverse clientele, including major electronics manufacturers, ensuring a steady demand for its specialized products.

How the Company Makes Money

K&P International Holdings Ltd. generates revenue through the production and sale of precision components. The company's key revenue streams include the sale of switches, jacks, and connectors to electronics manufacturers. Its business model relies heavily on maintaining strong relationships with major clients who require a consistent supply of these components. The company also benefits from economies of scale due to its extensive manufacturing capabilities, allowing it to offer competitive pricing while maintaining profit margins. Additionally, K&P International may engage in strategic partnerships and collaborations to enhance its market presence and expand its customer base, further contributing to its revenue.

K&P International Holdings Ltd. Financial Statement Overview

Summary

K&P International Holdings Ltd. faces multiple financial challenges. The declining revenue and profitability margins, coupled with a reduction in cash flow generation, present risks to the company's financial stability. While the balance sheet reflects low leverage, the deterioration in asset and equity levels suggests caution. The company needs to address operational inefficiencies and explore strategies to enhance revenue and cash flow.

Income Statement

K&P International Holdings Ltd. has shown a declining revenue trend, with a significant drop since 2020. The gross profit margin for 2024 is approximately 20.6%, but the company has experienced negative EBIT and net profit margins, indicating operational inefficiencies and profitability issues. The revenue growth rate is negative, which highlights the company's challenge in maintaining sales levels.

Balance Sheet

The company's debt-to-equity ratio is low, suggesting conservative leverage, but the declining equity over the years raises concerns. The equity ratio is strong, reflecting a solid proportion of equity in asset financing. However, the decreasing total assets and stockholders' equity over time indicate potential stability risks.

Cash Flow

K&P's cash flow metrics indicate significant challenges. The operating cash flow has recently dropped to zero, impacting the company's ability to generate free cash flow. This decline raises concerns about liquidity and the company's capacity to fund operations and growth without external financing.

Breakdown	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	176.43M	185.79M	272.10M	418.20M	341.76M
Gross Profit	36.31M	25.65M	55.32M	106.74M	105.84M
EBITDA	3.88M	-13.12M	36.27M	70.57M	62.06M
Net Income	-9.06M	-26.10M	-503.04K	63.30M	66.91M
Balance Sheet
Total Assets	330.14M	383.67M	436.91M	531.05M	486.67M
Cash, Cash Equivalents and Short-Term Investments	67.17M	100.36M	90.54M	94.35M	85.71M
Total Debt	3.12M	7.43M	5.29M	18.92M	12.29M
Total Liabilities	74.39M	83.91M	86.66M	136.30M	136.27M
Stockholders Equity	255.75M	299.76M	350.25M	394.75M	350.39M
Cash Flow
Free Cash Flow	428.60K	30.00M	48.30M	31.37M	47.77M
Operating Cash Flow	2.39M	34.55M	49.53M	35.40M	50.32M
Investing Cash Flow	48.83M	-9.97M	19.51M	-29.32M	-19.52M
Financing Cash Flow	-30.99M	-19.23M	-51.84M	-24.07M	-14.16M

K&P International Holdings Ltd. Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 0.38
• 50DMA: Positive
• 100DMA: Negative
• 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:0675, the sentiment is Positive. The current price of 0.38 is below the 20-day moving average (MA) of 0.38, above the 50-day MA of 0.37, and above the 200-day MA of 0.37, indicating a neutral trend. The MACD of >-0.01 indicates Positive momentum. The RSI at 51.33 is Neutral, neither overbought nor oversold. The STOCH value of 36.36 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for HK:0675.

K&P International Holdings Ltd. Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
9918	62 Neutral	HK$112.00M	1.55	38.89%	―	2.74%	5678.40%
8070	60 Neutral	HK$80.00M	4.56	19.19%	―	-12.09%	2.21%
Sector *	58 Neutral	$1.33B	4.20	-2.93%	7.45%	3.67%	-51.13%
0675	48 Neutral	HK$100.13M	―	-3.26%	21.33%	-5.04%	65.30%
0889	45 Neutral	HK$88.00M	―	-6.54%	―	-17.74%	-111.62%
2363	41 Neutral	HK$69.44M	5.06		―	-21.55%	83.95%
0515	39 Underperform	HK$77.10M	―	-92.80%	―	-84.61%	-14.10%

K&P International Holdings Ltd. Corporate Events

K & P International Holdings Announces Change in Share Registrar

K & P International Holdings Limited announced a change in its Hong Kong branch share registrar and transfer office to Tricor Investor Services Limited, effective from 11 July 2025. This change requires shareholders to lodge applications for registration of share transfers with the new registrar from the effective date, and uncollected share certificates will be available at the new office. This operational change is significant for stakeholders as it affects the handling and processing of share-related transactions.

K & P International Holdings AGM Resolutions Passed with Overwhelming Support

K & P International Holdings Limited, a company listed on the Hong Kong Stock Exchange, successfully held its annual general meeting on May 27, 2025. All proposed resolutions, including the approval of financial statements, declaration of a final dividend, re-election of directors, and authorization for share buybacks and issuance, were passed with overwhelming support. This outcome reflects strong shareholder confidence in the company’s governance and strategic direction.

K & P International Holdings Announces AGM and Share Buyback Mandate

K & P International Holdings Limited has announced its Annual General Meeting, scheduled for May 27, 2025, at the Sheraton Hong Kong Hotel & Towers. The agenda includes receiving the audited financial statements for 2024, declaring a final dividend of HK$4 cents per share, re-electing directors, authorizing the board to fix directors’ remuneration, and re-appointing auditors. Additionally, a resolution will be considered to grant the board a mandate to buy back up to 10% of the company’s shares. These decisions reflect the company’s ongoing governance and shareholder engagement strategies.