Greatime International Holdings Limited (0844) AI Stock Analysis

• Market Cap: HK$262.00M
• Dividend Yield: N/A
• Average Volume (3M): 143.07K
• Price to Earnings (P/E): ―
• Beta (1Y): 0.80
• 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: 342,000
• 30 Day Avg. Volume: 143,066
• 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: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 46 Neutral
• Price Target: HK$0.54 ▲(5.69% Upside)

The overall stock score of 46 reflects significant financial challenges, including declining revenues and profitability, negative margins, and cash flow difficulties. Technical analysis shows mixed signals with no strong trend, and valuation metrics are unattractive due to a negative P/E ratio and lack of dividend yield. These factors collectively indicate a need for caution.

Positive Factors

Stable Capital Structure

A stable capital structure with a moderate debt-to-equity ratio provides a solid foundation for potential future growth and financial stability.

Market Expansion

Strategic partnerships and market expansion efforts can drive long-term revenue growth and enhance competitive positioning in key sectors.

Commitment to Innovation

A focus on innovation and sustainability can lead to the development of competitive products, supporting long-term market relevance and customer loyalty.

Negative Factors

Declining Revenue

Declining revenue growth indicates challenges in maintaining market share and could impact the company's ability to invest in future growth opportunities.

Negative Profit Margins

Sustained negative profit margins reflect operational inefficiencies and may hinder the company's ability to generate sustainable profits over time.

Cash Flow Challenges

Negative free cash flow indicates difficulties in covering operational expenses and investing in growth, potentially limiting financial flexibility.

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 primarily through the sale of its manufactured goods and trading activities within its core sectors. The company benefits from key revenue streams such as the production and distribution of consumer electronics and telecommunications products, which are sold both directly to consumers and through various retail channels. Additionally, partnerships with other companies in technology and manufacturing allow Greatime to expand its product offerings and reach new markets, further contributing to its earnings. The company may also engage in strategic alliances and joint ventures that enhance its capabilities and market access, creating additional revenue opportunities.

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	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	483.39M	486.70M	508.62M	469.04M	430.99M	418.16M
Gross Profit	106.55M	104.15M	105.45M	96.69M	77.47M	98.18M
EBITDA	7.04M	11.14M	31.79M	27.47M	23.45M	41.55M
Net Income	-25.33M	-14.53M	-1.56M	-156.00K	-14.26M	8.92M
Balance Sheet
Total Assets	594.39M	612.24M	619.93M	506.10M	477.82M	476.96M
Cash, Cash Equivalents and Short-Term Investments	265.16M	263.62M	280.12M	227.95M	161.41M	140.60M
Total Debt	203.47M	184.79M	172.04M	111.78M	108.86M	110.84M
Total Liabilities	358.22M	348.06M	337.45M	237.67M	206.12M	178.74M
Stockholders Equity	229.62M	255.85M	268.38M	268.42M	271.69M	298.23M
Cash Flow
Free Cash Flow	10.54M	-16.12M	32.16M	74.75M	28.29M	26.36M
Operating Cash Flow	31.09M	5.71M	40.80M	78.64M	41.06M	30.67M
Investing Cash Flow	-27.56M	-27.02M	-42.26M	-2.62M	-10.39M	17.34M
Financing Cash Flow	20.68M	117.00K	43.77M	-6.25M	-5.79M	785.00K

Greatime International Holdings Limited Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 0.51
• 50DMA: Negative
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• 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 Negative. The current price of 0.51 is below the 20-day moving average (MA) of 0.54, below the 50-day MA of 0.57, and above the 200-day MA of 0.40, indicating a neutral trend. The MACD of -0.01 indicates Negative momentum. The RSI at 45.87 is Neutral, neither overbought nor oversold. The STOCH value of 62.96 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative 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	70 Outperform	HK$194.00M	3.45	23.94%	7.89%	14.30%	125.41%
Sector *	61 Neutral	$18.38B	12.79	-2.54%	3.03%	1.52%	-15.83%
0294	52 Neutral	HK$171.60M	-2.11	-8.49%	2.08%	-6.96%	-32.24%
0844	46 Neutral	HK$262.00M	-9.44	-10.34%	―	-5.02%	-323.85%
3398	41 Neutral	HK$117.59M	-0.28	-25.27%	―	4.98%	-3.47%
0311	40 Underperform	HK$232.68M	-1.26	-14.53%	―	0.34%	-47.98%