Ka Shui International Holdings Limited (0822) AI Stock Analysis

• Market Cap: HK$335.16M
• Dividend Yield: N/A
• Average Volume (3M): 200.80K
• Price to Earnings (P/E): ―
• Beta (1Y): 0.47
• Revenue Growth: 15.54%
• EPS Growth: -115.72%
• Country: HK
• Employees: 4,550
• Sector: Industrials
• Sector Strength: 89
• Industry: Manufacturing - Metal Fabrication
• EPS (TTM): -0.01
• Shares Outstanding: 893,761,400
• 10 Day Avg. Volume: 232,000
• 30 Day Avg. Volume: 200,800
• PEG Ratio: 0.70
• Price to Book (P/B): 0.28
• Price to Sales (P/S): 0.00
• P/FCF Ratio: -4.76
• 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: 55 Neutral
• Price Target: HK$0.50 ▲(31.58%Upside)

Ka Shui International Holdings Limited has a low overall score due to significant financial and valuation challenges. The technical analysis indicates some positive short-term momentum, but the weak financial performance and valuation concerns dominate the overall assessment.

Ka Shui International Holdings Limited Business Overview & Revenue Model

Company Description

Ka Shui International Holdings Limited (0822) is a Hong Kong-based investment holding company that primarily operates in the manufacturing and sale of magnesium, aluminum, and zinc alloy die casting products. The company serves various industries including automotive, consumer electronics, and household appliances. Ka Shui is recognized for its comprehensive production capabilities, offering services from product design and development to the manufacturing and assembly of precision components.

How the Company Makes Money

Ka Shui International Holdings Limited generates revenue through the manufacturing and sale of die casting products made from magnesium, aluminum, and zinc alloys. The company's key revenue streams include the automotive sector, where it supplies components for vehicles, and the consumer electronics and household appliances industries, where it provides parts for various products. Significant partnerships with major industry players and a strong focus on research and development contribute to its earnings by enhancing product quality and expanding its market reach. Ka Shui also benefits from economies of scale, which help in maintaining competitive pricing and profitability.

Ka Shui International Holdings Limited Financial Statement Overview

Summary

The company faces significant financial challenges, with declining revenue and profitability, as well as negative cash flow trends. Stable equity and manageable leverage provide some balance, but overall financial health is weak.

Income Statement

Ka Shui International Holdings Limited has faced challenges in maintaining its profitability. The gross profit margin has declined from previous levels, and there has been a consistent decline in net income over the years, resulting in negative net profit margins recently. Revenue growth has been inconsistent, with a decline in revenue in the latest year after a moderate increase previously. EBIT and EBITDA margins have also turned negative, indicating operational inefficiencies.

Balance Sheet

The company's balance sheet shows a moderate debt-to-equity ratio, indicating manageable leverage. However, stockholders' equity has slightly decreased due to accumulated losses. The equity ratio remains strong, suggesting a solid asset base relative to liabilities. The company's ability to maintain a reasonable level of cash and short-term investments provides some financial stability.

Cash Flow

Cash flow generation has been inconsistent, with operating cash flow dropping to zero in the most recent year. The free cash flow growth rate is negative, highlighting potential issues in generating cash from operations. The operating cash flow to net income ratio highlights difficulties in translating accounting profits into cash flows, which could strain liquidity.

Breakdown	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	1.48B	1.28B	1.50B	1.71B	1.47B
Gross Profit	229.87M	238.40M	335.33M	489.06M	447.30M
EBITDA	29.36M	69.89M	184.82M	248.67M	253.17M
Net Income	-61.31M	-28.43M	74.84M	131.14M	123.99M
Balance Sheet
Total Assets	1.89B	1.72B	1.71B	1.83B	1.70B
Cash, Cash Equivalents and Short-Term Investments	237.85M	194.46M	244.15M	280.68M	256.69M
Total Debt	229.47M	104.96M	94.28M	158.64M	171.54M
Total Liabilities	699.04M	465.89M	420.38M	538.29M	517.74M
Stockholders Equity	1.18B	1.24B	1.28B	1.28B	1.16B
Cash Flow
Free Cash Flow	-88.72M	21.04M	68.70M	79.36M	133.75M
Operating Cash Flow	-2.06M	108.45M	164.93M	172.06M	204.83M
Investing Cash Flow	-85.33M	-117.37M	-96.34M	-97.39M	-67.96M
Financing Cash Flow	136.53M	-39.23M	-114.82M	-51.62M	-144.79M

Ka Shui International Holdings Limited Technical Analysis

• Technical Analysis Sentiment: Neutral
• Last Price: 0.38
• 50DMA: Negative
• 100DMA: Positive
• 200DMA: Positive
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For HK:0822, the sentiment is Neutral. The current price of 0.38 is above the 20-day moving average (MA) of 0.38, above the 50-day MA of 0.37, and above the 200-day MA of 0.27, indicating a neutral trend. The MACD of >-0.01 indicates Positive momentum. The RSI at 47.64 is Neutral, neither overbought nor oversold. The STOCH value of 73.33 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for HK:0822.

Ka Shui International Holdings Limited Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
0838	76 Outperform	€1.26B	5.22	7.82%	12.05%	1.85%	2.72%
0255	62 Neutral	HK$871.71M	―	-0.79%	14.49%	7.17%	81.17%
Sector *	58 Neutral	HK$14.03B	4.45	-3.01%	7.32%	3.67%	-54.16%
0822	55 Neutral	HK$335.16M	―	-5.00%	―	15.54%	-115.72%
0929	52 Neutral	HK$431.42M	40.59	0.58%	―	12.38%	87.04%
1721	49 Neutral	HK$445.00M	―	-10.69%	―	-7.29%	29.68%

Ka Shui International Holdings Limited Corporate Events

Ka Shui International Appoints New Executive Director

Ka Shui International Holdings Limited has announced the appointment of Ir. Chan Sin Wing as an executive director effective June 30, 2025. Ir. Chan, who has been with the company since 2004 and currently serves as the Chief Technology Officer, will also join the nomination committee. His extensive experience in engineering and management is expected to bolster the company’s research, development, and business expansion efforts, potentially enhancing its market positioning and operational capabilities.

Ka Shui International Announces Board Restructuring

Ka Shui International Holdings Limited has announced changes to its board of directors, effective June 30, 2025. The company has appointed Mr. Lee Yuen Fat as Chairman and CEO, with Mr. Wong Wing Chuen as Vice Chairman. The board comprises both executive and independent non-executive directors, and has established four committees: Audit, Nomination, Remuneration, and Risk Management. These changes are expected to enhance the company’s governance and strategic oversight.

Ka Shui International Updates Nomination Committee Terms

Ka Shui International Holdings Limited has updated the terms of reference for its Nomination Committee, effective from June 30, 2025. The committee, originally established in 2007, will continue to ensure a diverse and independent composition, with a majority of independent non-executive directors and at least one member of a different gender. This move underscores the company’s commitment to maintaining robust governance practices and enhancing shareholder engagement by ensuring that the committee is well-equipped to handle its duties effectively.

Ka Shui International Holdings Announces Successful AGM Resolutions

Ka Shui International Holdings Limited announced that all resolutions proposed at their Annual General Meeting on May 30, 2025, were passed by shareholders. These resolutions included the adoption of financial statements, re-election of directors, authorization of directors’ remuneration, re-appointment of auditors, and granting of mandates for share allotment and repurchase, reflecting strong shareholder support and potentially impacting the company’s governance and financial strategies.

Ka Shui International Holdings Announces 2025 AGM Agenda

Ka Shui International Holdings Limited has announced its upcoming annual general meeting (AGM) to be held on May 30, 2025, in Hong Kong. The meeting will address several key resolutions, including the adoption of the company’s audited financial statements for 2024, the re-election of directors, and the re-appointment of RSM Hong Kong as auditors. Additionally, the board will seek approval to exercise powers to allot and issue shares, with certain limitations, to enhance operational flexibility.