Shunten International (Holdings) Ltd. (0932) AI Stock Analysis

• Market Cap: HK$102.56M
• Dividend Yield: N/A
• Average Volume (3M): 1.24M
• Price to Earnings (P/E): ―
• Beta (1Y): -0.04
• Revenue Growth: -12.96%
• EPS Growth: -5950.00%
• Country: HK
• Employees: 245
• Sector: Industrials
• Sector Strength: 71
• Industry: Packaged Foods
• EPS (TTM): -0.01
• Shares Outstanding: 3,107,893,600
• 10 Day Avg. Volume: 739,600
• 30 Day Avg. Volume: 1,241,600
• PEG Ratio: N/A
• Price to Book (P/B): N/A
• Price to Sales (P/S): N/A
• P/FCF Ratio: N/A
• 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: 1

• Rating: 46 Neutral
• Price Target: HK$0.00 ▼(-100.00% Downside)

The overall stock score is primarily influenced by weak financial performance and unattractive valuation. The company's challenges in revenue growth and profitability, combined with negative earnings, weigh heavily on the score. Technical analysis indicates weak momentum, further contributing to the low score. Strong cash flow management is a positive aspect but insufficient to offset other weaknesses.

Positive Factors

Cash Flow Management

Strong free cash flow growth indicates effective cash management, providing the company with financial flexibility to invest in growth opportunities and manage debt.

Supply Chain Network

A robust supply chain network and strong manufacturer relationships enhance the company's ability to source and distribute products efficiently, supporting long-term business stability.

Gross Profit Margin

A high gross profit margin suggests strong pricing power and cost management, which can contribute to financial resilience and the ability to withstand market fluctuations.

Negative Factors

Revenue Decline

Declining revenue growth indicates challenges in market demand or competitive positioning, which could hinder long-term business expansion and profitability.

Profitability Challenges

Negative profitability margins highlight issues in cost structure or pricing strategy, which need addressing to ensure sustainable financial health and shareholder returns.

Negative Return on Equity

Negative return on equity suggests inefficiencies in generating shareholder returns, which may impact investor confidence and the company's ability to raise capital.

Shunten International (Holdings) Ltd. Business Overview & Revenue Model

Company Description

Shunten International (Holdings) Limited, an investment holding company, engages in marketing, sale, and distribution of health and beauty supplements and products in Hong Kong, Taiwan, and internationally. The company provides its products under its proprietary brands and private label brands. It is also involved in property investment, license and trademark holding, e-commerce promotion, Chinese medical consultation, and health food processing businesses. In addition, it sells and distributes healthcare products; trades in health supplements; and provides general administrative services. The company was formerly known as RM Group Holdings Limited and changed its name to Shunten International (Holdings) Limited in February 2018. Shunten International (Holdings) Limited was founded in 2002 and is headquartered in Kwai Chung, Hong Kong.

How the Company Makes Money

Shunten International generates revenue primarily through the wholesale trading of electronic components. The company sources products from manufacturers and distributes them to various businesses, earning a profit margin on each sale. Key revenue streams include sales of semiconductors, connectors, and other electronic parts. Additionally, Shunten engages in strategic partnerships with manufacturers and suppliers, which allows it to leverage bulk purchasing and negotiate favorable pricing. This not only helps in maintaining competitive pricing for customers but also enhances profit margins. The company may also benefit from ancillary services such as logistics and supply chain management, which can contribute to its overall earnings.

Shunten International (Holdings) Ltd. Financial Statement Overview

Summary

The company faces challenges with declining revenue and negative profitability, as indicated by a negative net profit margin and declining EBIT and EBITDA margins. However, the balance sheet shows manageable leverage, and cash flow generation is a positive aspect with strong free cash flow growth.

Income Statement

The income statement shows a declining trend in revenue with a negative growth rate of -2.62% in the latest year. Gross profit margin remains strong at 77%, but the company struggles with profitability, evidenced by a negative net profit margin of -17.68% and declining EBIT and EBITDA margins. The company needs to address its cost structure and improve revenue growth to enhance profitability.

Balance Sheet

The balance sheet reflects a moderate debt-to-equity ratio of 0.94, indicating manageable leverage. However, the return on equity is negative at -26.53%, suggesting inefficiencies in generating returns for shareholders. The equity ratio is not explicitly calculated, but the company needs to focus on improving asset utilization and profitability to enhance shareholder value.

Cash Flow

Cash flow analysis shows a positive free cash flow growth rate of 30.24%, indicating improved cash generation. The operating cash flow to net income ratio is 0.17, suggesting some challenges in converting income into cash. However, the free cash flow to net income ratio is strong at 0.99, reflecting effective cash management despite profitability issues.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	210.57M	205.05M	235.59M	216.13M	162.99M	223.15M
Gross Profit	165.70M	157.95M	184.21M	166.31M	112.55M	161.45M
EBITDA	20.74M	-14.67M	21.47M	55.24M	-18.47M	-76.59M
Net Income	-14.54M	-36.24M	571.00K	41.04M	-43.89M	-127.38M
Balance Sheet
Total Assets	331.70M	288.90M	344.33M	339.45M	246.77M	208.33M
Cash, Cash Equivalents and Short-Term Investments	18.70M	5.53M	12.70M	13.11M	35.28M	36.65M
Total Debt	142.98M	128.92M	122.18M	86.50M	121.54M	154.91M
Total Liabilities	164.30M	153.56M	172.73M	196.04M	144.12M	189.29M
Stockholders Equity	168.68M	136.62M	172.89M	146.01M	105.16M	21.05M
Cash Flow
Free Cash Flow	22.82M	23.66M	33.77M	2.94M	10.46M	31.05M
Operating Cash Flow	24.21M	24.02M	38.78M	4.84M	10.46M	31.18M
Investing Cash Flow	-1.35M	-342.00K	-4.95M	-15.27M	30.29M	4.21M
Financing Cash Flow	-24.83M	-30.84M	-34.10M	7.45M	-61.66M	-55.73M

Shunten International (Holdings) Ltd. Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 0.03
• 50DMA: Negative
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Neutral
• STOCH: Positive

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For HK:0932, the sentiment is Negative. The current price of 0.03 is below the 20-day moving average (MA) of 0.03, below the 50-day MA of 0.03, and above the 200-day MA of 0.03, indicating a neutral trend. The MACD of >-0.01 indicates Negative momentum. The RSI at 44.96 is Neutral, neither overbought nor oversold. The STOCH value of 15.00 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for HK:0932.

Shunten International (Holdings) Ltd. Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
Sector *	63 Neutral	$10.70B	15.26	7.37%	2.02%	2.87%	-14.59%
1695	63 Neutral	HK$101.52M	4.08	11.24%	―	37.73%	150.54%
8362	54 Neutral	HK$79.80M	285.00	-1.83%	―	-0.97%	-140.00%
2147	52 Neutral	HK$48.16M	―	-12.63%	―	32.15%	-171.32%
0841	48 Neutral	HK$62.57M	―	-23.44%	―	-18.03%	-17.44%
0932	46 Neutral	HK$102.56M	―	-23.42%	―	-12.96%	-5950.00%
1676	43 Neutral	HK$82.92M	―	-44.56%	―	-11.36%	24.75%

Shunten International (Holdings) Ltd. Corporate Events

Shunten International Announces Unanimous Approval of AGM Resolutions

Shunten International (Holdings) Ltd. announced that all resolutions proposed at its annual general meeting on 3 September 2025 were unanimously approved by shareholders. This includes the re-election of directors, re-appointment of auditors, and granting of mandates to the board for share issuance and repurchase, indicating strong shareholder support and stability in the company’s governance and strategic direction.

Shunten International Announces Subsidiary Disposal

Shunten International (Holdings) Limited, a company incorporated in the Cayman Islands, announced the disposal of a subsidiary. The valuation for the disposal was determined through arms’ length negotiations, considering the property’s market value, financial performance, and current market conditions. The direct comparison approach was used for valuation, deemed most suitable due to the active and transparent nature of the local residential market.

Shunten International Announces AGM and Key Resolutions

Shunten International (Holdings) Limited has announced its upcoming Annual General Meeting (AGM) scheduled for September 3, 2025. The meeting will address several key resolutions, including the adoption of financial statements, re-election of directors, and re-appointment of auditors. Additionally, the company seeks approval to issue new shares, which could impact its capital structure and market positioning.

Shunten International Announces Subsidiary Disposal for HK$28 Million

Shunten International (Holdings) Limited, a company incorporated in the Cayman Islands, has announced a discloseable transaction involving the disposal of a subsidiary. The transaction involves the sale of the entire issued share capital of the Target Company and a Sale Loan for HK$28 million to an independent third party. This move will result in the Target Company no longer being a subsidiary of Shunten International, impacting its operational structure but not requiring shareholder approval due to the percentage ratios involved.

Shunten International Reports 2025 Financial Results with Adjusted Net Loss

Shunten International (Holdings) Limited announced its audited consolidated results for the year ended 31 March 2025, showing a decrease in revenue from HK$235,586,000 in 2024 to HK$205,048,000 in 2025. The company reported a loss attributable to owners of HK$36,243,000, compared to a profit of HK$571,000 in the previous year. After adjusting for unrealized fair value changes in investment properties, the adjusted net loss was HK$5,843,000. The management emphasizes that these adjustments are not related to daily operations and are excluded from key performance metrics.

Shunten International Updates Nomination Committee Terms

Shunten International (Holdings) Ltd. has revised the terms of reference for its nomination committee, effective June 26, 2025. The committee will consist of at least three directors, primarily independent non-executive directors, and will focus on board composition, diversity, and succession planning to align with the company’s corporate strategy.

Shunten International Schedules Board Meeting for Financial Results and Dividend Decision

Shunten International (Holdings) Limited, a company incorporated in the Cayman Islands, has announced a board meeting scheduled for June 26, 2025. During this meeting, the board will approve the release of the company’s final results for the fiscal year ending March 31, 2025, and consider the payment of a dividend, which could impact shareholder returns.

Shunten International Issues Profit Warning Amid Market Challenges

Shunten International (Holdings) Limited has issued a profit warning, indicating an expected unaudited consolidated loss of between HK$33.0 million and HK$39.0 million for the year ending March 31, 2025, compared to a profit of HK$0.6 million the previous year. This anticipated loss is attributed to weak retail market conditions in Hong Kong and Macau, reduced consumer spending, and a decrease in the fair value of investment properties. Despite these challenges, the company maintains sufficient liquidity and is focused on strategic measures to enhance its business performance.