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

• Market Cap: HK$104.13M
• Dividend Yield: 20.51%
• Average Volume (3M): 33.00K
• Price to Earnings (P/E): ―
• Beta (1Y): -0.04
• Revenue Growth: -5.04%
• EPS Growth: 65.30%
• Country: HK
• Employees: 698
• Sector: Industrials
• Sector Strength: 90
• Industry: Hardware, Equipment & Parts
• EPS (TTM): -0.03
• Shares Outstanding: 267,004,800
• 10 Day Avg. Volume: 18,000
• 30 Day Avg. Volume: 33,000
• PEG Ratio: -0.49
• Price to Book (P/B): 0.41
• Price to Sales (P/S): 0.00
• P/FCF Ratio: -11.50
• 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: 44 Neutral
• Price Target: ―

K&P International Holdings Ltd. is facing significant financial challenges, with declining revenue, profitability, and cash flow posing substantial risks to stability. Technical indicators show neutral to bearish trends, and while the high dividend yield may be appealing, the negative P/E ratio reflects underlying profitability issues. The overall outlook suggests caution.

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

Company Description

K & P International Holdings Limited, an investment holding company, manufactures and sells precision parts and components. Its precision parts and components include keypads, synthetic rubber and plastic components and parts, and liquid crystal displays. The company also offers management and administrative services; and holds properties. It has operations in Hong Kong, Mainland China, Japan and other Asian countries, North America, South America, Europe, and internationally. The company was founded in 1985 and is headquartered in Kwai Chung, Hong Kong.

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
	EBIT
-1.88M	-14.37M	22.74M	56.95M	49.47M
	EBITDA
3.88M	-13.12M	36.27M	70.57M	62.06M
	Net Income Common Stockholders
-9.06M	-26.10M	-503.04K	63.30M	66.91M
Balance Sheet		Cash, Cash Equivalents and Short-Term Investments
67.17M	100.36M	90.54M	94.35M	85.71M
	Total Assets
330.14M	383.67M	436.91M	531.05M	486.67M
	Total Debt
3.12M	7.43M	5.29M	18.92M	12.29M
	Net Debt
-64.04M	-42.14M	-85.24M	-75.44M	-73.42M
	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
0.00	30.00M	48.30M	31.37M	47.77M
	Operating Cash Flow
0.00	34.55M	49.53M	35.40M	50.32M
	Investing Cash Flow
0.00	-9.97M	19.51M	-29.32M	-19.52M
	Financing Cash Flow
0.00	-19.23M	-51.84M	-24.07M	-14.16M

K&P International Holdings Ltd. Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 0.39
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• 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 0.39 is above the 20-day moving average (MA) of 0.37, above the 50-day MA of 0.37, and above the 200-day MA of 0.37, indicating a bullish trend. The MACD of <0.01 indicates Negative momentum. The RSI at 57.10 is Neutral, neither overbought nor oversold. The STOCH value of 44.28 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
Sector *	66 Neutral	$4.52B	12.34	5.41%	3.62%	4.15%	-12.18%
0675	44 Neutral	HK$104.13M	―	-3.26%	20.51%	-5.04%	65.30%
CATWF		$16.52M	―	-128.01%	―	―	―
4C30		€45.61M	7.04	3.78%	―	―	―
3316	71 Outperform	HK$6.95B	11.73	36.29%	10.24%	25.93%	8.97%
1050	64 Neutral	HK$1.64B	8.28	20.43%	12.35%	29.30%	-1.21%
0809	59 Neutral	HK$685.87M	0.85		―	45.65%	-81.70%

K&P International Holdings Ltd. Corporate Events

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.

K & P International Holdings Announces Final Dividend for 2024

K & P International Holdings Limited has announced a final cash dividend of HKD 0.04 per share for the financial year ending 31 December 2024. The dividend will be paid on 10 July 2025, following shareholder approval on 27 May 2025. The ex-dividend date is set for 30 May 2025, with a book close period from 03 June 2025 to 06 June 2025. This announcement reflects the company’s commitment to returning value to its shareholders.

K & P International Reports Reduced Losses Amid Revenue Decline

K & P International Holdings Limited announced its consolidated audited results for the year ended December 31, 2024. The company reported a decrease in revenue from HK$185.8 million in 2023 to HK$176.4 million in 2024, with a gross profit increase from HK$25.6 million to HK$36.3 million. Despite the improved gross profit, the company faced a net loss of HK$9.1 million, a reduction from a HK$26.1 million loss in the previous year. The comprehensive loss for the year, including revaluation deficits and exchange differences, amounted to HK$17.3 million. These results reflect ongoing challenges in the company’s financial performance, impacting stakeholders’ outlook.

K & P International Holdings Ltd. Schedules Board Meeting for Financial Results

K & P International Holdings Ltd. has announced that its board of directors will meet on March 21, 2025, to consider and approve the final results for the year ending December 31, 2024. The meeting will also address the recommendation of a final dividend and other business matters. This announcement is significant as it outlines the company’s financial performance review and potential dividend distribution, which could impact shareholder returns and market perception.