Greatime International Holdings Limited (0844) AI Stock Analysis

• Market Cap: HK$197.73M
• Dividend Yield: N/A
• Average Volume (3M): 217.33K
• Price to Earnings (P/E): ―
• Beta (1Y): 0.83
• Revenue Growth: -5.02%
• EPS Growth: -323.85%
• Country: HK
• Employees: 1,970
• Sector: Consumer Cyclical
• Sector Strength: 84
• Industry: Apparel - Manufacturers
• EPS (TTM): -0.05
• Shares Outstanding: 494,335,330
• 10 Day Avg. Volume: 58,400
• 30 Day Avg. Volume: 217,333
• PEG Ratio: >-0.01
• Price to Book (P/B): 0.44
• Price to Sales (P/S): 0.23
• P/FCF Ratio: -6.91
• 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: HK$0.50
• Price Target Upside: 25.00% Upside
• Rating Consensus: Hold
• Number of Analyst Covering: 1

• Rating: 47 Neutral
• Price Target: HK$0.50 ▲(25.00% Upside)

The overall stock score is primarily influenced by financial performance challenges, including declining revenues, negative margins, and cash flow difficulties. Technical analysis shows neutral momentum, but valuation remains unattractive due to a negative P/E ratio and lack of dividend yield. The absence of earnings call and corporate events data did not impact the score.

Greatime International Holdings Limited Business Overview & Revenue Model

Company Description

Greatime International Holdings Limited, an investment holding company, manufactures and sells innerwear products and knitted fabrics for infants and adults in the People's Republic of China, Japan, the United States, Africa, Italy, Taiwan, Hong Kong, and Myanmar. The company operates through Innerwear Products and Knitted Fabrics segments. It is involved in the provision of functional and customized fabrics for lingerie and apparel brands; and a range of innerwear for men, women, toddlers, and infants, including T-shirts, vests, long-sleeves pullovers, men's briefs and boxers, women's panties, long johns, and toddlers' and infants' body suits and bibs. The company also manufactures and trades in garments; and offers fabric weaving, knitting, printing, and dyeing services. It primarily sells its products to the sourcing agents, wholesalers, and brand owners. The company was formerly known as Grand Concord International Holdings Limited and changed its name to Greatime International Holdings Limited in June 2017. The company was founded in 2000 and is headquartered in Wan Chai, Hong Kong. Greatime International Holdings Limited is a subsidiary of Junfun Investment Limited.

How the Company Makes Money

Greatime International Holdings Limited generates revenue through multiple streams, primarily derived from the sale of consumer electronics and household products. The company markets its products through both online and offline channels, leveraging e-commerce platforms to reach a broader customer base. Key revenue streams include direct sales to consumers, wholesale distribution to retail partners, and potential licensing agreements for proprietary products. Additionally, strategic partnerships with manufacturers and suppliers enhance their product offerings and pricing competitiveness, contributing to overall profitability. The company may also explore joint ventures or collaborations in emerging markets, further diversifying its income sources.

Greatime International Holdings Limited Financial Statement Overview

Summary

Greatime International Holdings Limited faces challenges with declining revenues and profitability, as evidenced by negative margins and net losses. The balance sheet shows moderate leverage but stable equity. Cash flow difficulties are apparent with negative free cash flow. The company needs to address operational inefficiencies and improve cash generation to enhance financial health.

Income Statement

The company has experienced a decline in total revenue from 2023 to 2024, with a negative revenue growth rate of -4.32%. Gross profit margin decreased slightly to 21.40% in 2024 from 20.74% in 2023. The net profit margin remains negative, indicating ongoing challenges in achieving profitability. EBIT and EBITDA margins are also negative, reflecting operational inefficiencies.

Balance Sheet

The debt-to-equity ratio increased slightly to 0.72 in 2024, indicating moderate leverage. The equity ratio stands at 41.78%, suggesting a stable capital structure. However, the return on equity is negative due to net losses, highlighting profitability issues.

Cash Flow

The company reported negative free cash flow in 2024, a significant decline from positive free cash flow in 2023. Operating cash flow to net income ratio is positive, but the free cash flow to net income ratio is negative, indicating cash flow challenges.

Breakdown	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	486.70M	508.62M	469.04M	430.99M	418.16M
Gross Profit	104.15M	105.45M	96.69M	77.47M	98.18M
EBITDA	11.14M	31.79M	35.87M	23.45M	51.63M
Net Income	-14.53M	-1.56M	-156.00K	-14.26M	8.92M
Balance Sheet
Total Assets	612.24M	619.93M	506.10M	477.82M	476.96M
Cash, Cash Equivalents and Short-Term Investments	3.00M	280.12M	227.95M	161.41M	140.60M
Total Debt	184.79M	172.04M	111.78M	108.86M	110.84M
Total Liabilities	348.06M	337.45M	237.67M	206.12M	178.74M
Stockholders Equity	255.85M	268.38M	268.42M	271.69M	298.23M
Cash Flow
Free Cash Flow	-16.12M	32.16M	74.75M	28.29M	26.36M
Operating Cash Flow	5.71M	40.80M	78.64M	41.06M	30.67M
Investing Cash Flow	-27.02M	-42.26M	-2.62M	-10.39M	17.34M
Financing Cash Flow	117.00K	43.77M	-6.25M	-5.79M	785.00K

Greatime International Holdings Limited Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 0.40
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Negative
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For HK:0844, the sentiment is Positive. The current price of 0.4 is above the 20-day moving average (MA) of 0.36, above the 50-day MA of 0.35, and above the 200-day MA of 0.31, indicating a bullish trend. The MACD of 0.02 indicates Negative momentum. The RSI at 74.41 is Negative, neither overbought nor oversold. The STOCH value of 63.64 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for HK:0844.

Greatime International Holdings Limited Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
1433	67 Neutral	HK$192.00M	3.49	―	7.81%	14.30%	125.41%
0294	54 Neutral	HK$215.02M	-3.59	-6.24%	1.92%	-20.43%	-24.29%
0311	51 Neutral	HK$248.19M	-1.34	-21.73%	―	0.34%	-47.98%
0844	47 Neutral	HK$197.73M	―	-10.34%	―	-5.02%	-323.85%
3398	40 Underperform	HK$222.58M	-0.52	-30.87%	―	4.98%	-3.47%
Sector *	61 Neutral	$18.38B	12.79	-2.54%	3.03%	1.52%	-15.83%

Greatime International Holdings Limited Corporate Events

Greatime International Reports Increased Losses in Interim Results

Greatime International Holdings Limited announced its unaudited interim results for the six months ending June 30, 2025. The company reported a decrease in revenue to RMB 237,163,000 from RMB 240,469,000 in the same period in 2024. Despite a slight increase in gross profit, the company experienced a larger net loss of RMB 26,409,000 compared to RMB 16,269,000 in the previous year. The increase in selling and distribution expenses, administrative expenses, and finance costs contributed to the overall loss. This financial performance may impact the company’s market positioning and stakeholder confidence.

The most recent analyst rating on (HK:0844) stock is a Hold with a HK$0.50 price target. To see the full list of analyst forecasts on Greatime International Holdings Limited stock, see the HK:0844 Stock Forecast page.

Greatime International Holdings Schedules Board Meeting for Interim Results

Greatime International Holdings Limited has announced that its Board of Directors will meet on August 29, 2025, to review and approve the interim financial results for the first half of the year and consider the payment of an interim dividend. This meeting is significant as it will provide insights into the company’s financial health and potential shareholder returns, impacting stakeholders’ expectations and the company’s market positioning.