World Houseware (Holdings) (0713) AI Stock Analysis

• Market Cap: $352.49M
• Dividend Yield: N/A
• Average Volume (3M): 306.13K
• Price to Earnings (P/E): ―
• Beta (1Y): 0.40
• Revenue Growth: -23.38%
• EPS Growth: -35.88%
• Country: HK
• Employees: 492
• Sector: Industrials
• Sector Strength: 72
• Industry: Construction
• EPS (TTM): -0.09
• Shares Outstanding: 792,117,430
• 10 Day Avg. Volume: 93,400
• 30 Day Avg. Volume: 306,133
• PEG Ratio: -0.02
• Price to Book (P/B): 0.43
• Price to Sales (P/S): 1.52
• P/FCF Ratio: -11.61
• Enterprise Value/Market Cap: 0.06
• Enterprise Value/Revenue: 0.08
• Enterprise Value/Gross Profit: 0.98
• Enterprise Value/Ebitda: -0.43
• 1Y Price Target: $0.47
• Price Target Upside: 5.93% Upside
• Rating Consensus: Hold
• Number of Analyst Covering: 0

• Rating: 48 Neutral
• Price Target: HK$0.50 ▲(13.64% Upside)

The overall stock score of 48 reflects significant financial challenges, including declining revenues and negative cash flow. While the technical analysis shows some neutral momentum, the poor valuation metrics further highlight the company's struggles. The lack of earnings call data and corporate events means these factors do not influence the score.

World Houseware (Holdings) Business Overview & Revenue Model

Company Description

World Houseware (Holdings) Limited, an investment holding company, manufactures and distributes household products, PVC pipes and fittings, and moulds in the People's Republic of China and the United States. The company engages in property holding and investment activities; provision of transportation services; and food waste recycling and reborn resources related businesses. It is also involved in the trading of building materials and supplies, and household products. World Houseware (Holdings) Limited was founded in 1968 and is headquartered in Kwai Chung, Hong Kong.

How the Company Makes Money

World Houseware (Holdings) generates revenue through the production and sale of a diverse range of household products and PVC pipes. The household product segment includes items like kitchenware and cleaning tools, which are sold both domestically and internationally. The PVC pipes and fittings segment caters to the construction industry, providing essential materials for plumbing and infrastructure projects. The company benefits from established distribution networks and partnerships with retailers and construction firms. Revenue is primarily driven by sales volume, pricing strategies, and the ability to maintain cost efficiency in manufacturing processes.

World Houseware (Holdings) Financial Statement Overview

Summary

World Houseware (Holdings) is experiencing financial difficulties, with declining revenues, negative net income, and cash flow constraints. The balance sheet is moderately leveraged, providing some stability. However, the company's inability to generate positive cash flow and consistent losses pose significant risks.

Income Statement

The company has faced declining revenues and persistent losses over the years, with a significant revenue drop from 2020 to 2024. Gross profit margins have decreased from 20.48% in 2020 to 10.43% in 2024, reflecting cost pressures. Net income has been negative for the past three years, indicating profitability challenges.

Balance Sheet

The balance sheet reveals a moderate debt-to-equity ratio of 0.06 in 2024, indicating low leverage. However, stockholders' equity has declined, showing financial deterioration. The equity ratio stands at 42.28%, reflecting a decent equity buffer against total assets.

Cash Flow

The company's cash flow situation is concerning, with operating cash flow turning negative in recent years and no free cash flow generation in 2024. This indicates challenges in converting sales into cash and sustaining capital expenditures.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	275.15M	318.28M	380.63M	628.67M	878.03M	817.30M
Gross Profit	21.52M	33.21M	43.50M	47.42M	149.42M	167.43M
EBITDA	-49.01M	-44.20M	-102.26M	-126.86M	102.29M	162.89M
Net Income	-249.29M	-322.15M	-172.13M	-213.45M	44.02M	68.98M
Balance Sheet
Total Assets	2.51B	2.63B	3.06B	3.20B	3.78B	2.91B
Cash, Cash Equivalents and Short-Term Investments	420.15M	646.97M	710.12M	587.07M	843.43M	119.95M
Total Debt	56.03M	61.49M	61.39M	118.31M	290.06M	275.25M
Total Liabilities	1.45B	1.52B	1.61B	1.56B	1.84B	1.06B
Stockholders Equity	1.06B	1.11B	1.45B	1.64B	1.94B	1.85B
Cash Flow
Free Cash Flow	-19.27M	-41.63M	-34.98M	-106.76M	-158.53M	69.22M
Operating Cash Flow	-11.79M	-30.07M	13.16M	-60.84M	-134.66M	99.25M
Investing Cash Flow	-413.20M	88.64M	113.73M	56.15M	835.93M	-2.33M
Financing Cash Flow	-36.37M	-37.58M	-62.22M	-206.39M	10.94M	-19.74M

World Houseware (Holdings) Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 0.44
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For HK:0713, the sentiment is Negative. The current price of 0.44 is below the 20-day moving average (MA) of 0.47, below the 50-day MA of 0.47, and below the 200-day MA of 0.51, indicating a bearish trend. The MACD of >-0.01 indicates Positive momentum. The RSI at 33.21 is Neutral, neither overbought nor oversold. The STOCH value of 36.11 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for HK:0713.

World Houseware (Holdings) Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
8646	66 Neutral	HK$167.32M	2.47	11.61%	―	5.34%	43.91%
Sector *	63 Neutral	$10.79B	15.43	7.44%	2.01%	2.89%	-14.66%
1897	59 Neutral	HK$190.93M	21.17	1.73%	2.77%	-31.70%	-19.86%
1937	59 Neutral	HK$231.00M	115.50	0.58%	―	-10.27%	-84.38%
1653	55 Neutral	HK$295.48M	―	-2.40%	―	-10.76%	-193.75%
0713	48 Neutral	$352.49M	―	-21.28%	―	-23.38%	-35.88%
1592	39 Underperform	HK$57.91M	―	-102.44%	―	1.43%	-83.96%

World Houseware (Holdings) Corporate Events

World Houseware Reports Interim Results for 2025

World Houseware (Holdings) Limited reported its unaudited consolidated interim results for the first half of 2025, showing a decrease in turnover to HK$116,135,000 from HK$159,263,000 in the same period of 2024. The company experienced a loss for the period of HK$67,703,000, an improvement from the previous year’s loss of HK$140,569,000, with total comprehensive expense reduced to HK$52,655,000 from HK$157,892,000, indicating a challenging but slightly improving financial position.

The most recent analyst rating on (HK:0713) stock is a Sell with a HK$0.50 price target. To see the full list of analyst forecasts on World Houseware (Holdings) stock, see the HK:0713 Stock Forecast page.

World Houseware Announces Upcoming Board Meeting for Interim Results

World Houseware (Holdings) Limited has announced a board meeting scheduled for August 27, 2025, to approve its unaudited interim results for the first half of 2025 and consider an interim dividend. This announcement could impact the company’s financial strategy and stakeholder expectations, as it may influence investor confidence and market positioning.