Allan International Holdings Limited (0684) AI Stock Analysis

• Market Cap: HK$173.19M
• Dividend Yield: 31.48%
• Average Volume (3M): 54.13K
• Price to Earnings (P/E): ―
• Beta (1Y): 0.16
• Revenue Growth: 4.60%
• EPS Growth: -9.42%
• Country: HK
• Employees: 1,550
• Sector: Consumer Cyclical
• Sector Strength: 84
• Industry: Furnishings, Fixtures & Appliances
• EPS (TTM): -0.06
• Shares Outstanding: 333,054,530
• 10 Day Avg. Volume: 2,600
• 30 Day Avg. Volume: 54,133
• PEG Ratio: -0.06
• Price to Book (P/B): 0.31
• Price to Sales (P/S): 0.48
• P/FCF Ratio: -3.47
• 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: 44 Neutral
• Price Target: HK$0.50 ▼(-3.85% Downside)

The overall stock score is primarily impacted by the company's poor financial performance, characterized by declining revenues and profitability. Technical analysis indicates bearish momentum, with the stock trading below key moving averages and in oversold conditions. While the high dividend yield is a positive aspect, it is overshadowed by the negative P/E ratio and financial challenges.

Positive Factors

Low Leverage

Minimal leverage provides financial stability and flexibility, allowing the company to weather economic downturns without the burden of high debt.

Free Cash Flow Generation

Generating free cash flow despite losses suggests operational efficiency and the ability to fund operations and investments without external financing.

Solid Capital Structure

A stable capital structure indicates resilience and the ability to sustain operations and pursue strategic initiatives even during challenging times.

Negative Factors

Declining Revenue

Declining revenue growth reflects challenges in maintaining market share and competitiveness, potentially impacting long-term business viability.

Decreasing Profit Margins

Falling profit margins indicate cost pressures or pricing challenges, which can erode profitability and limit reinvestment in growth opportunities.

Negative Operating Cash Flow

Negative operating cash flow suggests difficulties in covering operational expenses, which can strain liquidity and hinder strategic investments.

Allan International Holdings Limited Business Overview & Revenue Model

Company Description

Allan International Holdings Limited, an investment holding company, manufactures and trades in household electrical appliances in Europe, Asia, the Americas, and internationally. The company offers food processors and mixers, juicing and blending products, deep frying products, kettles, and electric knives. It also engages in the manufacture and trade of plastic injection moulds and plastic parts; property investment and holding activities; and securities investment activities. The company was incorporated in 1992 and is headquartered in Chai Wan, Hong Kong.

How the Company Makes Money

Allan International Holdings Limited generates revenue primarily through the manufacture and sale of electronic components and accessories. The company's revenue model is driven by direct sales to both original equipment manufacturers (OEMs) and end consumers, allowing it to capture a wide market segment. Key revenue streams include product sales from its extensive range of electronic accessories, which are often sold under private labels or branded under its own name. Additionally, the company benefits from strategic partnerships with major electronics brands, enhancing its distribution capabilities and market presence. Factors contributing to its earnings include economies of scale in production, a diversified product portfolio, and ongoing demand for electronic accessories in rapidly growing markets.

Allan International Holdings Limited Financial Statement Overview

Summary

Allan International Holdings Limited is facing significant financial challenges, with declining revenues and profitability. The balance sheet shows low leverage, which is a positive, but the negative return on equity and cash flow issues highlight ongoing operational difficulties. The company needs to address its revenue and profitability issues to improve its financial health.

Income Statement

The company has been experiencing declining revenues with a negative revenue growth rate of -3.97% in the latest year. Gross profit margins have significantly decreased from 16.83% in 2021 to 2.50% in 2025, indicating a reduction in profitability. Net profit margins are negative, reflecting ongoing losses. The EBIT and EBITDA margins are also negative, highlighting operational challenges.

Balance Sheet

The debt-to-equity ratio is very low at 0.0077, indicating minimal leverage, which is a positive aspect. However, the return on equity is negative, showing that the company is not generating returns for its shareholders. The equity ratio is relatively stable, suggesting a solid capital structure despite operational losses.

Cash Flow

The company has negative operating cash flow, which is concerning. However, the free cash flow to net income ratio is above 1, indicating that the company is generating free cash flow despite net losses. The free cash flow growth rate is positive, but the operating cash flow to net income ratio is negative, reflecting cash flow challenges.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	506.72M	465.17M	484.76M	413.33M	783.19M	909.47M
Gross Profit	27.82M	11.63M	39.53M	16.73M	51.51M	153.06M
EBITDA	-80.56M	-91.84M	-69.17M	-52.05M	-7.69M	51.72M
Net Income	-85.14M	-96.14M	-69.13M	-62.05M	-27.00M	46.40M
Balance Sheet
Total Assets	959.66M	937.61M	1.09B	1.25B	1.41B	1.58B
Cash, Cash Equivalents and Short-Term Investments	306.42M	373.39M	484.69M	563.14M	533.57M	662.01M
Total Debt	2.98M	5.54M	10.66M	15.79M	20.91M	26.04M
Total Liabilities	256.33M	220.28M	221.35M	241.54M	310.00M	378.93M
Stockholders Equity	703.33M	717.33M	871.01M	1.01B	1.10B	1.20B
Cash Flow
Free Cash Flow	-87.64M	-64.30M	-38.41M	52.23M	-43.90M	-24.59M
Operating Cash Flow	-86.94M	-62.53M	-38.41M	54.14M	-32.01M	-16.69M
Investing Cash Flow	27.62M	10.78M	82.94M	-5.04M	13.76M	152.78M
Financing Cash Flow	-11.52M	-62.18M	-55.78M	-12.28M	-93.26M	-35.68M

Allan International Holdings Limited Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 0.52
• 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:0684, the sentiment is Negative. The current price of 0.52 is below the 20-day moving average (MA) of 0.54, below the 50-day MA of 0.55, and below the 200-day MA of 0.60, indicating a bearish trend. The MACD of >-0.01 indicates Positive momentum. The RSI at 20.39 is Positive, neither overbought nor oversold. The STOCH value of 13.33 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for HK:0684.

Allan International Holdings Limited Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
0229	69 Neutral	HK$466.23M	9.16	7.53%	12.90%	-12.47%	-26.29%
2381	69 Neutral	HK$324.00M	12.37	18.10%	6.94%	10.65%	25.96%
Sector *	61 Neutral	$18.38B	12.79	-2.54%	3.03%	1.52%	-15.83%
6822	51 Neutral	HK$287.00M	-12.73	-4.25%	9.76%	8.85%	-18.82%
1715	44 Neutral	HK$174.97M	-2.56	-39.50%	―	-32.54%	71.35%
0684	44 Neutral	HK$173.19M	-2.03	-11.32%	31.48%	4.60%	-9.42%
2127	41 Neutral	HK$76.58M	-0.04	―	―	-72.73%	-764.81%

Allan International Holdings Limited Corporate Events

Allan International Moves to Restore Public Float After Falling Below HKEX Threshold

Allan International Holdings Limited has disclosed that its public float currently stands at approximately 24.04%, below the 25% minimum required under Hong Kong listing rules, due mainly to significant shareholdings by a family-related trust, core connected persons and associated investors. The board is in active discussions with core connected persons about disposing of part of their stakes to restore the required public float, and has pledged to provide further updates and regular announcements, signalling an intention to resolve the compliance shortfall while keeping shareholders and potential investors informed of progress and any remedial measures.

The most recent analyst rating on (HK:0684) stock is a Hold with a HK$0.50 price target. To see the full list of analyst forecasts on Allan International Holdings Limited stock, see the HK:0684 Stock Forecast page.

Allan International Holdings Limited Reports Interim Results with Revenue Growth but Continued Losses

Allan International Holdings Limited reported its unaudited interim results for the six months ending September 30, 2025, showing a revenue increase to HK$317,605,000 from HK$276,058,000 in the previous year. Despite the revenue growth, the company experienced a net loss of HK$18,492,000, an improvement from the previous year’s loss of HK$29,491,000, indicating ongoing challenges in managing costs and investment property valuations.

The most recent analyst rating on (HK:0684) stock is a Hold with a HK$0.50 price target. To see the full list of analyst forecasts on Allan International Holdings Limited stock, see the HK:0684 Stock Forecast page.

Allan International Holdings to Review Interim Results and Dividend

Allan International Holdings Limited has announced that its board of directors will convene on November 27, 2025, to approve the interim results for the period ending September 30, 2025, and to consider the payment of an interim dividend. This meeting is significant as it will provide insights into the company’s financial performance and potential returns for shareholders, reflecting its ongoing strategic decisions and market positioning.

The most recent analyst rating on (HK:0684) stock is a Hold with a HK$0.50 price target. To see the full list of analyst forecasts on Allan International Holdings Limited stock, see the HK:0684 Stock Forecast page.