Come Sure Group (Holdings) Ltd. (0794) AI Stock Analysis

• Market Cap: HK$52.31M
• Dividend Yield: N/A
• Average Volume (3M): 7.40K
• Price to Earnings (P/E): 23.2
• Beta (1Y): -0.04
• Revenue Growth: 11.02%
• EPS Growth: 79.24%
• Country: HK
• Employees: 667
• Sector: Basic Materials
• Sector Strength: 68
• Industry: Paper, Lumber & Forest Products
• EPS (TTM): 0.03
• Shares Outstanding: 331,084,000
• 10 Day Avg. Volume: 0
• 30 Day Avg. Volume: 7,400
• PEG Ratio: -0.31
• Price to Book (P/B): 0.10
• Price to Sales (P/S): 0.00
• P/FCF Ratio: 0.43
• 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: 50 Neutral
• Price Target: ―

The overall score for Come Sure Group (Holdings) Ltd. reflects significant financial challenges, particularly in profitability and declining revenues. While the balance sheet shows some improvement in leverage, the financial risks remain high. Technical analysis indicates a bearish sentiment with oversold conditions, and the valuation highlights concerns due to the company's unprofitable status. The absence of earnings call data and corporate events limits further insights into the company's outlook.

Come Sure Group (Holdings) Ltd. Business Overview & Revenue Model

Company Description

Come Sure Group (Holdings) Limited, an investment holding company, engages in the manufacture and sale of corrugated paperboards and paper-based packaging products in Hong Kong, Macau, and the People's Republic of China. It operates through three segments: Corrugated Products, Offset Printed Corrugated Products, and Properties Leasing. The company also provides offset printed corrugated paper-based packaging products; and offers management services. In addition, it produces and trades in molded pulp products, and corrugated paperboard and paper-based packaging products; and trades in raw papers and production supplies. The company was incorporated in 2006 and is headquartered in Chai Wan, Hong Kong. Come Sure Group (Holdings) Limited is a subsidiary of Perfect Group Version Limited.

How the Company Makes Money

Come Sure Group (Holdings) Ltd. generates revenue through the production and sale of corrugated paper products such as corrugated boards, cartons, and offset printed corrugated products. These products are sold to a wide array of industries including electronics, food and beverage, and consumer goods, offering customized packaging solutions. The company also derives income from its property leasing segment, where it leases out properties to generate rental income. Key factors contributing to its earnings include maintaining robust manufacturing capabilities, fostering long-term relationships with clients, and leveraging its strategic location in Hong Kong to serve regional markets efficiently. The company's revenue model is supported by a combination of direct sales to businesses and ongoing property rental agreements.

Come Sure Group (Holdings) Ltd. Financial Statement Overview

Summary

Come Sure Group (Holdings) Ltd. exhibits a mixed financial performance. The income statement reveals operational challenges with declining revenues and profitability. The balance sheet shows improvement in leverage but highlights financial risk. The cash flow position is strong, indicating good liquidity management. The company should focus on enhancing profitability and managing liabilities to improve its financial stance.

Income Statement

The company has faced declining revenues, with a revenue drop from 2020 to 2024. Despite a slight gross profit margin improvement in 2024 (17.23%) compared to 2023 (15.03%), the company remains unprofitable with negative net income and EBIT margins, signaling challenges in cost management and operational efficiency.

Balance Sheet

The balance sheet shows a moderate debt-to-equity ratio, improving from 0.87 in 2020 to 0.61 in 2024. However, the decreasing equity ratio indicates elevated financial risk. The company needs to manage its liabilities better to enhance financial health.

Cash Flow

The cash flow statement shows a significant improvement in free cash flow, from a negative in 2022 to a solid positive in 2024. The operating cash flow to net income ratio is strong, suggesting good cash-generating ability despite negative earnings.

Breakdown	Mar 2024	Mar 2023	Mar 2022	Mar 2021	Mar 2020
Income Statement
Total Revenue	764.52M	787.08M	1.18B	1.20B	1.01B
Gross Profit	131.74M	118.29M	182.26M	226.39M	203.41M
EBITDA	50.25M	1.63M	44.60M	87.09M	75.88M
Net Income	-15.84M	-67.24M	-38.98M	27.33M	11.98M
Balance Sheet
Total Assets	1.10B	1.07B	1.30B	1.49B	1.15B
Cash, Cash Equivalents and Short-Term Investments	103.97M	78.43M	113.49M	160.48M	205.18M
Total Debt	315.40M	380.28M	465.17M	534.34M	350.54M
Total Liabilities	581.54M	532.93M	660.81M	839.31M	562.74M
Stockholders Equity	515.07M	535.93M	638.46M	658.47M	594.92M
Cash Flow
Free Cash Flow	125.30M	54.90M	-51.33M	-56.47M	41.23M
Operating Cash Flow	130.42M	67.27M	7.86M	13.79M	53.11M
Investing Cash Flow	-30.45M	-8.49M	42.18M	-49.19M	36.60M
Financing Cash Flow	-81.87M	-92.92M	-104.91M	13.07M	-139.24M

Come Sure Group (Holdings) Ltd. Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 0.16
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Positive
• RSI: Positive
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For HK:0794, the sentiment is Negative. The current price of 0.16 is below the 20-day moving average (MA) of 0.17, below the 50-day MA of 0.17, and below the 200-day MA of 0.18, indicating a bearish trend. The MACD of >-0.01 indicates Positive momentum. The RSI at 25.61 is Positive, neither overbought nor oversold. The STOCH value of 45.40 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for HK:0794.

Come Sure Group (Holdings) Ltd. Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
2002	75 Outperform	HK$2.06B	6.78	5.95%	2.59%	-5.61%	-34.60%
Sector *	70 Outperform	¥175.59B	10.94	6.29%	3.36%	3.93%	3.23%
1412	64 Neutral	HK$766.08M	5.93	15.04%	15.27%	16.53%	61.16%
0794	50 Neutral	HK$52.31M	23.24	0.44%	―	11.02%	79.24%
SCD1	―	€451.20M	―		―	―	―
3363	58 Neutral	HK$232.50M	5.89	3.30%	7.10%	-0.02%	―
0731	47 Neutral	HK$278.68M	11.32	13.05%	―	-2.96%	―