Fujikon Industrial Holdings Limited (0927) AI Stock Analysis

• Market Cap: €306.60M
• Dividend Yield: 9.72%
• Average Volume (3M): 100.87K
• Price to Earnings (P/E): 16.8
• Beta (1Y): 0.22
• Revenue Growth: -6.75%
• EPS Growth: -310.42%
• Country: HK
• Employees: 2,200
• Sector: Technology
• Sector Strength: 94
• Industry: Consumer Electronics
• EPS (TTM): -0.12
• Shares Outstanding: 425,839,020
• 10 Day Avg. Volume: 17,000
• 30 Day Avg. Volume: 100,866
• PEG Ratio: 0.03
• Price to Book (P/B): 0.56
• Price to Sales (P/S): 0.30
• P/FCF Ratio: 2.33
• 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: 65 Neutral
• Price Target: HK$1.00 ▲(38.89% Upside)

The overall stock score is primarily influenced by positive technical analysis and a strong dividend yield, despite challenges in financial performance. The stock's positive momentum and attractive dividend yield are significant strengths, while profitability issues remain a concern.

Fujikon Industrial Holdings Limited Business Overview & Revenue Model

Company Description

Fujikon Industrial Holdings Limited, an investment holding company, designs, manufactures, markets, and trades in electro-acoustic products, accessories, and other electronic products in Hong Kong and China. It offers Bluetooth headsets, headphones, and active noise cancelling headphones. The company is also involved in the manufacture and trade of precision metal parts, and packaging materials; and property holding activities, as well as provision of management services. Fujikon Industrial Holdings Limited was founded in 1982 and is headquartered in Sha Tin, Hong Kong.

How the Company Makes Money

Fujikon Industrial Holdings Limited generates revenue through the production and sale of its electronic products, primarily headphones and speakers. The company operates on a business-to-business (B2B) model, supplying its products to major global brands and retailers. Key revenue streams include direct sales of finished goods and components, as well as potentially custom manufacturing services tailored to specific client needs. Additionally, Fujikon may benefit from strategic partnerships with other technology firms and retailers, which can enhance its market reach and product offerings. Factors contributing to its earnings include economies of scale in production, effective supply chain management, and ongoing demand for consumer electronics in various markets.

Fujikon Industrial Holdings Limited Financial Statement Overview

Summary

Fujikon Industrial Holdings Limited demonstrates a mixed financial performance. While profitability and revenue have declined, the company maintains strong balance sheet metrics with minimal debt and a solid equity position. Cash flow challenges persist, impacting overall liquidity. The company needs to address revenue growth and cash flow generation to improve its financial health.

Income Statement

The company has shown a declining trend in revenue over the past few years. The gross profit margin for 2024 is approximately 17.73%, and the net profit margin is about 1.73%, both indicating a relatively low profitability level. The EBIT margin stands at 4.46%, and the EBITDA margin is 8.37%. Revenue has decreased by about 8.31% from 2023 to 2024, reflecting challenges in maintaining sales growth. Despite the downturn, the company managed to return to profitability after a loss in 2022.

Balance Sheet

The balance sheet is relatively strong with a low debt-to-equity ratio of 0.01, indicating minimal leverage. The equity ratio is 60.59%, reflecting a solid equity base. Return on equity (ROE) is 3.01%, which is modest but indicates a return to profitability. The company has maintained a healthy cash position, which supports financial stability despite declining equity.

Cash Flow

The company's cash flow position has weakened with a negative free cash flow of -11.41 million in 2024. The operating cash flow to net income ratio is 1.77, suggesting adequate cash generation relative to net income. However, the free cash flow to net income ratio is negative, indicating challenges in generating surplus cash. Free cash flow growth has turned negative compared to previous years, highlighting potential liquidity concerns.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	1.02B	925.56M	992.52M	1.08B	878.27M	890.82M
Gross Profit	194.90M	246.56M	175.99M	210.37M	115.25M	173.04M
EBITDA	68.52M	58.67M	83.05M	86.41M	16.18M	73.75M
Net Income	15.48M	-36.11M	17.17M	24.61M	-37.07M	10.27M
Balance Sheet
Total Assets	974.72M	864.70M	942.03M	900.21M	912.19M	929.37M
Cash, Cash Equivalents and Short-Term Investments	326.33M	354.77M	325.84M	370.84M	370.89M	488.77M
Total Debt	13.01M	11.52M	5.67M	12.50M	8.56M	13.69M
Total Liabilities	300.37M	273.05M	269.98M	226.97M	228.49M	205.59M
Stockholders Equity	568.90M	500.74M	570.95M	600.59M	614.03M	661.08M
Cash Flow
Free Cash Flow	15.75M	120.82M	-11.41M	41.57M	-100.69M	96.95M
Operating Cash Flow	9.76M	146.55M	30.30M	57.65M	-86.92M	105.13M
Investing Cash Flow	-71.57M	-147.28M	-24.95M	-13.03M	-10.78M	-5.59M
Financing Cash Flow	-61.50M	-88.39M	-41.91M	-42.93M	-24.94M	-44.00M

Fujikon Industrial Holdings Limited Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 0.72
• 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:0927, the sentiment is Positive. The current price of 0.72 is below the 20-day moving average (MA) of 0.72, above the 50-day MA of 0.68, and above the 200-day MA of 0.67, indicating a neutral trend. The MACD of <0.01 indicates Positive momentum. The RSI at 52.90 is Neutral, neither overbought nor oversold. The STOCH value of 55.56 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for HK:0927.

Fujikon Industrial Holdings Limited Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
0927	65 Neutral	€306.60M	16.80	-6.99%	9.72%	-6.75%	-310.42%
Sector *	61 Neutral	$34.87B	5.87	-10.42%	2.07%	6.72%	-8.84%
0328	44 Neutral	HK$40.67M	―		―	-33.09%	-107.58%
0099	44 Neutral	HK$665.09M	―	-20.96%	4.20%	-16.35%	-648.31%
UPZ	―		―		―	―	―
0912	73 Outperform	HK$327.51M	9.52	4.39%	6.84%	-0.88%	7.28%
6133	39 Underperform	HK$203.15M	―	-4.27%	―	25.25%	0.74%

Fujikon Industrial Holdings Limited Corporate Events

Fujikon Industrial Holdings Announces 2025 Annual General Meeting

Fujikon Industrial Holdings Limited has announced its upcoming Annual General Meeting scheduled for August 22, 2025. Key agenda items include the adoption of financial statements, declaration of a final dividend, re-election of directors, and re-appointment of the company’s auditor. Additionally, the meeting will consider resolutions to authorize directors to manage share allotments, potentially impacting the company’s capital structure and shareholder value.

Fujikon Reports Revenue Decline and Loss for FY2025

Fujikon Industrial Holdings Limited reported a decline in revenue by 6.7% to HK$925.6 million for the year ending March 31, 2025, while gross profit margin improved significantly to 26.6%. Despite the increase in gross profit margin, the company experienced a loss attributable to equity holders of HK$36.1 million, contrasting with a profit of HK$17.2 million in the previous year. The financial results indicate challenges in maintaining profitability amidst declining revenues, impacting stakeholders and potentially influencing the company’s strategic decisions moving forward.

Fujikon Industrial Holdings Declares Final Dividend for FY2025

Fujikon Industrial Holdings Limited announced a final ordinary cash dividend of HKD 0.05 per share for the financial year ending March 31, 2025. This decision reflects the company’s financial performance and commitment to returning value to shareholders, with the dividend payment scheduled for September 12, 2025. The announcement may positively impact stakeholder confidence and reinforce Fujikon’s position in the market.

Fujikon Industrial Holdings Forms Nomination Committee to Strengthen Governance

Fujikon Industrial Holdings Limited has established a Nomination Committee to oversee the nomination procedures for the appointment, reappointment, and removal of directors. The committee, consisting of at least three members, with a majority being independent non-executive directors, is tasked with reviewing board diversity policies and assessing directors’ contributions. This move aims to enhance governance and ensure effective board operations, potentially impacting the company’s strategic direction and stakeholder confidence.

Fujikon Revises Profit Warning with Improved Outlook

Fujikon Industrial Holdings Limited has updated its profit warning, indicating a narrower loss for the fiscal year ending March 2025 than initially projected. The revised loss, ranging from HK$32.1 million to HK$40.1 million, is attributed to the reversal of inventory provisions following new purchase orders for headphones with replaced batteries. This adjustment reflects a more favorable financial position than the earlier anticipated loss of up to HK$68.5 million, signaling potential stabilization in the company’s operations.

Fujikon Industrial Holdings to Review Annual Results and Dividend Proposal

Fujikon Industrial Holdings Limited has announced a board meeting scheduled for June 27, 2025, to approve the company’s annual results for the fiscal year ending March 31, 2025, and to consider the recommendation of a final dividend payment. This meeting is significant as it will determine the company’s financial performance and potential returns for shareholders, impacting its market positioning and stakeholder interests.