Dynasty Fine Wines Group Limited (0828) AI Stock Analysis

• Market Cap: HK$401.40M
• Dividend Yield: 1.3%
• Average Volume (3M): 197.93K
• Price to Earnings (P/E): 17.4
• Beta (1Y): 0.10
• Revenue Growth: -4.14%
• EPS Growth: -21.15%
• Country: HK
• Employees: 243
• Sector: Consumer Defensive
• Sector Strength: 42
• Industry: Beverages - Wineries & Distilleries
• EPS (TTM): <0.01
• Shares Outstanding: 1,408,405,900
• 10 Day Avg. Volume: 304,200
• 30 Day Avg. Volume: 197,925
• PEG Ratio: 0.50
• Price to Book (P/B): 2.50
• Price to Sales (P/S): 2.85
• P/FCF Ratio: -19.10
• 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: Hold
• Number of Analyst Covering: 0
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 54 Neutral
• Price Target: HK$0.50 ▲(92.31% Upside)

The overall stock score of 54 reflects the company's strong profitability and equity growth, offset by significant concerns about cash flow adequacy. Technical indicators suggest bearish momentum, and the valuation is moderate with a fair P/E ratio and low dividend yield.

Dynasty Fine Wines Group Limited Business Overview & Revenue Model

Company Description

Dynasty Fine Wines Group Limited (0828) is a prominent player in the wine industry, primarily engaged in the production, distribution, and sale of fine wines. Based in Hong Kong, the company operates within the broader beverage sector, focusing on the development of high-quality wine products sourced from various regions. Dynasty Fine Wines offers a diverse portfolio that includes both domestic and imported wines, catering to a wide range of consumer preferences and market segments.

How the Company Makes Money

Dynasty Fine Wines generates revenue through multiple channels, including the sale of its own branded wines and third-party wines. The company's primary revenue stream comes from retail sales through supermarkets, wine shops, and its own distribution network, which targets both local and international markets. Additionally, Dynasty Fine Wines engages in partnerships with various wine producers and distributors, enhancing its product offerings and market reach. The company also benefits from promotional activities and strategic marketing efforts aimed at increasing brand awareness and consumer loyalty, contributing to steady sales growth.

Dynasty Fine Wines Group Limited Financial Statement Overview

Summary

Dynasty Fine Wines Group Limited shows strong profitability and equity growth, with improving revenue and profit margins. However, the cash flow statement presents concerns with zero operational cash flow, suggesting potential liquidity issues.

Income Statement

Dynasty Fine Wines Group Limited has demonstrated significant improvement in its income statement metrics over the years. The gross profit margin for 2024 is 38.58%, showing a healthy profitability level. The company has shown positive revenue growth of 3.26% from 2023 to 2024, and a notable improvement from 2022 to 2023 with a growth rate of 8.87%. The net profit margin stands at 12.32% for 2024, which is a positive indicator of profitability. The EBIT margin has increased to 12.04% in 2024 from 7.32% in 2023, and the EBITDA margin is 12.03%. These improvements suggest a robust and growing profitability trend.

Balance Sheet

The balance sheet of Dynasty Fine Wines Group Limited reflects a strong equity position with a debt-to-equity ratio of 0.0043 in 2024, indicating low leverage. The return on equity (ROE) has improved to 10.79% in 2024 from 7.48% in 2023, showcasing effective use of equity capital to generate profits. The equity ratio increased to 53.41% in 2024, showing a strong equity base relative to total assets. Overall, the balance sheet indicates financial stability with low debt levels and steady equity growth.

Cash Flow

The cash flow statement reveals challenges for Dynasty Fine Wines Group Limited, with operating cash flow at zero in 2024. This lack of operational cash generation could pose liquidity challenges if sustained long-term. The free cash flow remains zero in 2024, reflecting potential issues in cash management and operational efficiency. Previous years showed negative free cash flow, although there was an improvement in 2023. The operating cash flow to net income and free cash flow to net income ratios cannot be calculated due to zero values, highlighting potential concerns in cash flow adequacy.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	258.80M	271.37M	262.80M	241.36M	305.95M	238.67M
Gross Profit	103.23M	104.72M	90.67M	92.35M	121.93M	60.12M
EBITDA	19.18M	32.66M	25.15M	20.02M	39.38M	188.61M
Net Income	23.10M	33.44M	21.34M	16.33M	32.81M	116.38M
Balance Sheet
Total Assets	523.81M	580.53M	578.89M	525.59M	598.34M	586.96M
Cash, Cash Equivalents and Short-Term Investments	86.24M	122.59M	166.74M	161.21M	196.81M	182.54M
Total Debt	702.00K	1.33M	2.30M	990.00K	2.58M	4.11M
Total Liabilities	177.49M	256.20M	278.97M	280.01M	340.81M	371.81M
Stockholders Equity	318.49M	310.00M	285.12M	229.82M	239.40M	197.67M
Cash Flow
Free Cash Flow	-20.74M	-40.57M	-28.82M	-18.26M	6.54M	9.53M
Operating Cash Flow	4.48M	-9.92M	-11.08M	-14.76M	12.59M	12.03M
Investing Cash Flow	-316.00K	-29.45M	-10.85M	-3.02M	-4.61M	-2.44M
Financing Cash Flow	-477.00K	-1.04M	29.79M	-1.86M	-2.11M	-2.67M

Dynasty Fine Wines Group Limited Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 0.26
• 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:0828, the sentiment is Negative. The current price of 0.26 is below the 20-day moving average (MA) of 0.28, below the 50-day MA of 0.29, and below the 200-day MA of 0.31, indicating a bearish trend. The MACD of >-0.01 indicates Positive momentum. The RSI at 37.43 is Neutral, neither overbought nor oversold. The STOCH value of 26.67 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for HK:0828.

Dynasty Fine Wines Group Limited Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
8509	69 Neutral	HK$300.00M	7.65	12.59%	―	72.70%	27.44%
Sector *	62 Neutral	$20.33B	14.63	-3.31%	3.23%	1.93%	-12.26%
0828	54 Neutral	HK$401.40M	17.38	7.46%	1.30%	-4.14%	-21.15%
0472	48 Neutral	€1.28B	-7.46	-2.94%	―	-41.07%	-41.05%
8146	45 Neutral	HK$83.26M	-1.91	-23.19%	―	-18.68%	-3305.88%
8057	38 Underperform	HK$43.00M	-2.83	―	―	4.42%	6.15%

Dynasty Fine Wines Group Limited Corporate Events

Dynasty Fine Wines Expands with New Jiangsu Winery Project

Dynasty Fine Wines Group Limited has announced a discloseable transaction involving a construction agreement for a new winery in Jiangsu Province, China. The project, valued at approximately HK$24.53 million, will be undertaken by a contractor selected through a tendering process and is expected to enhance the company’s production capabilities in the region.

The most recent analyst rating on (HK:0828) stock is a Hold with a HK$0.50 price target. To see the full list of analyst forecasts on Dynasty Fine Wines Group Limited stock, see the HK:0828 Stock Forecast page.

Dynasty Fine Wines Reports Decline in Interim Financial Results

Dynasty Fine Wines Group Limited reported a 9% decrease in revenue to approximately HK$122.8 million for the first half of 2025, compared to the same period in 2024. Profit attributable to owners fell by 56% to HK$8.2 million, reflecting a challenging period for the company. The financial results indicate a significant decline in profitability, which may impact the company’s market positioning and stakeholder confidence.

The most recent analyst rating on (HK:0828) stock is a Hold with a HK$0.50 price target. To see the full list of analyst forecasts on Dynasty Fine Wines Group Limited stock, see the HK:0828 Stock Forecast page.

Dynasty Fine Wines Appoints New Vice Chairwoman

Dynasty Fine Wines Group Limited has announced the appointment of Ms. Caroline Bois Heriard Dubreuil as a non-executive director and vice chairwoman of the company, effective August 25, 2025. Ms. Bois brings extensive experience in finance and management, having held various leadership roles in companies such as Rémy Cointreau S.A. and Andromede S.A.S. Her appointment is expected to strengthen the company’s board with her expertise and leadership, potentially impacting the company’s strategic direction and stakeholder relations.

The most recent analyst rating on (HK:0828) stock is a Hold with a HK$0.50 price target. To see the full list of analyst forecasts on Dynasty Fine Wines Group Limited stock, see the HK:0828 Stock Forecast page.

Dynasty Fine Wines Group Limited Announces Board Restructuring

Dynasty Fine Wines Group Limited has announced changes to its board of directors, effective from August 25, 2025. The company has appointed Mr. WAN Shoupeng as Chairman and Mr. HE Chongfu as General Manager, among other executive, non-executive, and independent non-executive directors. These changes reflect the company’s ongoing efforts to strengthen its leadership structure and enhance governance, potentially impacting its strategic direction and stakeholder relations.

The most recent analyst rating on (HK:0828) stock is a Hold with a HK$0.50 price target. To see the full list of analyst forecasts on Dynasty Fine Wines Group Limited stock, see the HK:0828 Stock Forecast page.

Dynasty Fine Wines Reports Significant Profit Decline in H1 2025

Dynasty Fine Wines Group Limited has issued a profit alert indicating a significant decrease in its unaudited consolidated profit for the first half of 2025, expecting a drop of 50% to 60% compared to the same period in 2024. This decline is attributed to reduced sales revenue due to macroeconomic impacts and increased marketing expenses. The company is actively adjusting its business strategies and enhancing cost control measures to mitigate these challenges.

The most recent analyst rating on (HK:0828) stock is a Hold with a HK$0.50 price target. To see the full list of analyst forecasts on Dynasty Fine Wines Group Limited stock, see the HK:0828 Stock Forecast page.

Dynasty Fine Wines Announces Upcoming Board Meeting for Interim Results

Dynasty Fine Wines Group Limited has announced a board meeting scheduled for August 28, 2025, to approve the interim results for the first half of the year and consider a potential dividend payment. This meeting could impact the company’s financial strategy and shareholder returns, highlighting its ongoing operational assessments and potential market positioning adjustments.

Dynasty Fine Wines Passes Key Resolution at EGM

Dynasty Fine Wines Group Limited announced that the ordinary resolution proposed at their Extraordinary General Meeting (EGM) on 25 July 2025 was passed by a significant majority. With Tianjin Food and its associates abstaining due to their substantial shareholding, the resolution received overwhelming support from the remaining shareholders, indicating strong backing for the company’s strategic decisions.