Artini Holdings Limited (0789) AI Stock Analysis

• Market Cap: HK$456.77M
• Dividend Yield: N/A
• Average Volume (3M): 393.96K
• Price to Earnings (P/E): 58.5
• Beta (1Y): 0.34
• Revenue Growth: 71.74%
• EPS Growth: N/A
• Country: HK
• Employees: 32
• Sector: Consumer Cyclical
• Sector Strength: 65
• Industry: Luxury Goods
• EPS (TTM): <0.01
• Shares Outstanding: 1,323,968,100
• 10 Day Avg. Volume: 360,000
• 30 Day Avg. Volume: 393,956
• PEG Ratio: 0.40
• Price to Book (P/B): 3.29
• Price to Sales (P/S): 0.00
• P/FCF Ratio: 37.67
• 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: 51 Neutral
• Price Target: ―

Artini Holdings Limited's overall score is influenced by its stable balance sheet and improving cash flows, which are overshadowed by operational challenges and a weak technical outlook. The high P/E ratio without dividend support makes the stock less appealing from a valuation perspective. The lack of earnings call and corporate events data further limits insight into future performance.

Artini Holdings Limited Business Overview & Revenue Model

Company Description

Artini Holdings Limited, an investment holding company, sells fashion accessories products in Hong Kong, Macao, the People's Republic of China, the United States, Europe, Australia, Africa, the Middle East, Russia, and the rest of Asia. The company engages in the wholesale of various fashion accessories products through integrated fashion accessories online platform. It is also involved in the retail and distribution of fashion accessories products through third-party retail online platforms for retail customers; trading of fashion accessories products through offline wholesale channels; and third party physical points of sale through distributors and consignees. In addition, the company offers management services; and develops and sells software related to e-commerce. It distributes its products under the Artini brand. The company was formerly known as Primeview Holdings Limited and changed its name to Artini Holdings Limited in September 2019. Artini Holdings Limited was founded in 1992 and is based in Tsim Sha Tsui, Hong Kong.

How the Company Makes Money

Artini Holdings Limited generates revenue primarily through the sale of its fashion accessories and related products. The company's revenue model is centered around retail and wholesale distribution channels, where it markets its products to individual consumers and businesses. Artini may also engage in strategic partnerships and collaborations with other fashion brands or retailers to expand its market reach and enhance its product offerings. Additionally, the company might explore e-commerce platforms to increase sales and tap into the growing trend of online shopping. The company's earnings are influenced by factors such as fashion trends, consumer demand, and economic conditions affecting discretionary spending.

Artini Holdings Limited Financial Statement Overview

Summary

Artini Holdings Limited shows mixed financial signals. The balance sheet is stable with a low debt-equity ratio, indicating limited reliance on debt. However, the income statement reveals operational issues with negative EBIT margins, and while cash flows have improved, historical volatility poses a concern.

Income Statement

Artini Holdings Limited has seen fluctuating revenues over the years, with a substantial decline post-2020. Gross profit margin has improved slightly in recent years, but EBIT and EBITDA margins have been negative, indicating operational challenges. Despite a positive net profit in the latest period, the company has struggled with profitability, reflected in negative net profit margins in prior periods.

Balance Sheet

The company maintains a strong equity position with a consistent equity ratio, indicating stability. Debt-to-equity ratio is low, suggesting limited reliance on debt financing. However, declining stockholders' equity may pose future risks. Overall, the balance sheet reflects financial stability with moderate leverage.

Cash Flow

Artini Holdings Limited has demonstrated improvement in cash flows, with positive operating and free cash flows in the latest period. The operating cash flow to net income ratio shows effective cash generation from operations. However, historical volatility in cash flows poses a risk to sustained financial health.

Breakdown	Mar 2024	Mar 2023	Mar 2022	Mar 2021	Mar 2020
Income Statement
Total Revenue	71.18M	63.69M	76.97M	79.40M	227.57M
Gross Profit	15.86M	16.18M	14.05M	9.18M	55.54M
EBITDA	7.99M	-1.94M	-20.13M	-22.48M	14.63M
Net Income	6.83M	-1.44M	-22.38M	-26.62M	10.98M
Balance Sheet
Total Assets	150.21M	154.32M	163.50M	182.26M	198.97M
Cash, Cash Equivalents and Short-Term Investments	48.28M	18.89M	35.76M	18.90M	49.04M
Total Debt	8.99M	210.00K	727.00K	4.03M	865.00K
Total Liabilities	37.08M	23.93M	22.75M	24.09M	37.07M
Stockholders Equity	113.13M	130.40M	140.75M	158.17M	161.90M
Cash Flow
Free Cash Flow	28.82M	-14.07M	17.53M	-33.74M	-35.08M
Operating Cash Flow	28.92M	-14.04M	17.68M	-32.16M	-35.04M
Investing Cash Flow	180.00K	-35.00K	-147.00K	-1.58M	236.00K
Financing Cash Flow	1.51M	-430.00K	-1.47M	1.38M	-1.31M

Artini Holdings Limited Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 0.34
• 50DMA: Negative
• 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:0789, the sentiment is Positive. The current price of 0.34 is above the 20-day moving average (MA) of 0.33, below the 50-day MA of 0.34, and below the 200-day MA of 0.36, indicating a neutral trend. The MACD of >-0.01 indicates Negative momentum. The RSI at 54.61 is Neutral, neither overbought nor oversold. The STOCH value of 76.92 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for HK:0789.

Artini Holdings Limited Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
Sector *	56 Neutral	HK$25.22B	4.10	-2.03%	6.15%	-0.31%	-67.64%
0789	51 Neutral	HK$456.77M	58.47	5.25%	―	71.74%	―
HENGF	―	$68.45M	24.00	-2.04%	―	―	―
MNNGF	―	$65.93M	―	-14.00%	―	―	―
0280	80 Outperform	HK$400.10M	4.48	11.22%	3.64%	-5.57%	-7.10%
0213	54 Neutral	HK$343.12M	3.66	3.66%	3.20%	11.07%	-11.18%
1856	43 Neutral	HK$439.51M	35.26	-35.55%	―	-39.83%	-351.13%

Artini Holdings Limited Corporate Events

Artini Holdings’ Controlling Shareholder Increases Stake

Artini Holdings Limited announced that its controlling shareholder, Rapid Development Limited, has increased its stake in the company by purchasing 2,000,000 ordinary shares from the open market. This move, amounting to approximately 0.151% of the total issued shares, reflects the shareholder’s confidence in the company’s future prospects and ongoing development. The transaction was conducted in compliance with relevant legal and regulatory requirements, and the company continues to maintain a sufficient public float of its shares.