Greatime International Holdings Limited (0844) AI Stock Analysis

• Market Cap: HK$187.85M
• Dividend Yield: N/A
• Average Volume (3M): 16.53K
• Price to Earnings (P/E): ―
• Beta (1Y): 0.74
• Revenue Growth: -6.05%
• EPS Growth: -622.73%
• Country: HK
• Employees: 1,970
• Sector: Consumer Cyclical
• Sector Strength: 64
• Industry: Apparel - Manufacturers
• EPS (TTM): >-0.01
• Shares Outstanding: 494,335,330
• 10 Day Avg. Volume: 30,000
• 30 Day Avg. Volume: 16,533
• PEG Ratio: 0.08
• Price to Book (P/B): 0.62
• Price to Sales (P/S): 0.00
• P/FCF Ratio: -5.04
• 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: HK$0.50 ▲(31.58%Upside)

The overall stock score is primarily impacted by the company's financial performance challenges, including declining revenues and profitability. While technical analysis shows some positive momentum, the poor valuation due to negative earnings significantly weighs down the score. The absence of earnings call data and corporate events leaves these areas unaddressed.

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 the sale of its textile and garment products. The company's primary revenue streams include wholesale distribution to retailers and direct sales to consumers through various channels. Additionally, the company may engage in strategic partnerships with other entities in the textile and apparel industry to expand its market reach and enhance its product offerings. Factors such as cost management, production efficiency, and market demand significantly influence the company's earnings.

Greatime International Holdings Limited Financial Statement Overview

Summary

Greatime International Holdings Limited is facing multiple financial challenges, including declining revenue, negative profitability margins, and increased leverage. The balance sheet shows rising debt levels with shrinking equity, while cash flow problems highlight difficulties in sustaining operations. These factors contribute to a cautious outlook for the company's financial health.

Income Statement

The company is experiencing a decline in revenue, with a negative revenue growth rate from 2023 to 2024. Gross Profit Margin remains stable at around 21%, but the Net Profit Margin is negative, indicating losses. The EBIT and EBITDA margins also reflect operational challenges, with EBIT being negative and a declining EBITDA compared to historical data.

Balance Sheet

The balance sheet indicates a weakening financial position with a rising debt-to-equity ratio due to increasing total debt and declining equity. The equity ratio has decreased, reflecting a heavier reliance on liabilities. ROE is negative, further emphasizing profitability issues.

Cash Flow

The cash flow analysis reveals significant challenges, with no operating cash flow or free cash flow in 2024, indicating cash management issues. The free cash flow growth rate is negative compared to previous periods, showing a deteriorating ability to generate cash from operations.

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: 0.38
• 50DMA: Positive
• 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:0844, the sentiment is Positive. The current price of 0.38 is above the 20-day moving average (MA) of 0.38, above the 50-day MA of 0.35, and above the 200-day MA of 0.29, indicating a bullish trend. The MACD of <0.01 indicates Positive momentum. The RSI at 60.79 is Neutral, neither overbought nor oversold. The STOCH value of 60.16 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
Sector *	63 Neutral	$17.18B	10.68	-8.50%	2.94%	1.62%	-25.72%
0844	51 Neutral	HK$187.85M	―	-5.55%	―	-6.05%	-622.73%
LTJ	―	€17.83M	―	-19.38%	―	―	―
K1H	―		―		―	―	―
1433	67 Neutral	HK$196.00M	3.16	28.06%	7.65%	48.01%	―
0294	46 Neutral	HK$196.41M	―	-6.04%	2.11%	-20.02%	-24.55%
3398	38 Underperform	HK$209.98M	―	-27.12%	―	-3.47%	-33.16%

Greatime International Holdings Limited Corporate Events

Greatime International Holdings Limited Relocates Hong Kong Office

Greatime International Holdings Limited has announced a change in its principal place of business in Hong Kong. The new address is Flat 13-16, 19/F, Two Pacific Place, 88 Queensway, Admiralty, Hong Kong, effective from June 5, 2025. This move may reflect strategic positioning or operational adjustments within the company, potentially impacting its business operations or stakeholder engagements.

Greatime International Holdings Announces Unanimous Approval of AGM Resolutions

Greatime International Holdings Limited announced the results of its Annual General Meeting held on May 23, 2025. All proposed resolutions, including the approval of financial statements, re-election of directors, and authorization for share issuance and repurchase, were unanimously passed by shareholders. This outcome reflects strong shareholder support and positions the company for continued operational and strategic flexibility.