Theme International Holdings Limited (HK:0990)
:0990
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Theme International Holdings Limited
(0990)
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Rating:59Neutral
Price Target:
HK$0.91
▲(29.86% Upside)
Action:ReiteratedDate:10/28/25
The overall stock score is primarily influenced by financial performance challenges, including declining revenues and profitability margins. Technical analysis indicates mixed signals with potential for upward movement, while valuation concerns arise from a high P/E ratio. The absence of earnings call and corporate events data limits further insights.
Positive Factors
Conservative capital structure
A strong equity ratio and low leverage provide durable financial flexibility in a cyclical steel industry. Conservative capital structure reduces interest burden and bankruptcy risk, enabling the company to fund operations or opportunistic investments during downturns without immediate refinancing pressure.
Negative Factors
Severe recent revenue contraction
A very large year‑over‑year revenue decline materially reduces scale and bargaining power. Sustained top‑line weakness pressures fixed cost absorption and strategic investments, raising the risk that operational efficiencies and market positioning deteriorate further absent structural recovery or clear turnaround actions.
Read all positive and negative factors
Positive Factors
Negative Factors
Conservative capital structure
A strong equity ratio and low leverage provide durable financial flexibility in a cyclical steel industry. Conservative capital structure reduces interest burden and bankruptcy risk, enabling the company to fund operations or opportunistic investments during downturns without immediate refinancing pressure.
Read all positive factors
Theme International Holdings Limited (0990) vs. iShares MSCI Hong Kong ETF (EWH)
Market Cap
HK$12.88B
Dividend YieldN/A
Average Volume (3M)45.98M
Price to Earnings (P/E)7.1
Beta (1Y)0.82
Revenue Growth-58.23%
EPS Growth-51.42%
CountryHK
Employees393
SectorBasic Materials
Sector Strength58
IndustrySteel
Share Statistics
EPS (TTM)0.03
Shares Outstanding14,801,345,000
10 Day Avg. Volume53,169,182
30 Day Avg. Volume45,984,596
Financial Highlights & Ratios
PEG Ratio-0.24
Price to Book (P/B)0.88
Price to Sales (P/S)0.13
P/FCF Ratio1.23
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
Theme International Holdings Limited Business Overview & Revenue Model
Company Description
Deep Source Holdings Limited, an investment holding company, engages in the processing, distribution, and trading of bulk commodities and related products in the People's Republic of China, Hong Kong, and Singapore. The company also provides secur...
How the Company Makes Money
Theme International Holdings Limited generates revenue through multiple streams, primarily from property rental income and property sales. The company earns rental income from its portfolio of commercial and residential properties, which provides ...
Theme International Holdings Limited Financial Statement Overview
Summary
Income Statement
65
Positive
Balance Sheet
70
Positive
Cash Flow
50
Neutral
| Breakdown | TTM | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 24.46B | 40.91B | 55.38B | 39.09B | 34.64B | 15.88B |
| Gross Profit | 776.66M | 1.03B | 1.78B | 2.08B | 1.47B | 627.55M |
| EBITDA | 515.36M | 584.67M | 1.55B | 1.72B | 1.30B | 565.51M |
| Net Income | 323.72M | 296.24M | 1.20B | 1.21B | 997.97M | 445.98M |
Balance Sheet | ||||||
| Total Assets | 19.64B | 18.98B | 16.33B | 13.62B | 9.10B | 4.01B |
| Cash, Cash Equivalents and Short-Term Investments | 7.46B | 6.40B | 5.81B | 4.14B | 895.89M | 307.28M |
| Total Debt | 213.57M | 152.95M | 27.98M | 191.68M | 48.10M | 17.38M |
| Total Liabilities | 11.61B | 11.74B | 9.06B | 7.71B | 4.77B | 2.17B |
| Stockholders Equity | 6.93B | 6.12B | 6.20B | 4.58B | 3.49B | 1.67B |
Cash Flow | ||||||
| Free Cash Flow | 3.79B | 4.38B | 3.06B | 6.62B | 4.73B | 6.18B |
| Operating Cash Flow | 3.81B | 4.39B | 3.07B | 6.65B | 4.86B | 6.18B |
| Investing Cash Flow | 361.46M | -1.61B | -181.44M | -248.66M | -347.42M | -81.83M |
| Financing Cash Flow | -3.54B | -3.30B | -2.93B | -4.46B | -3.94B | -6.40B |
Theme International Holdings Limited Technical Analysis
Positive
0.70
Price Trends
0.86
Positive
0.79
Positive
0.79
Positive
Market Momentum
<0.01
Negative
54.54
Neutral
75.40
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For HK:0990, the sentiment is Positive. The current price of 0.7 is below the 20-day moving average (MA) of 0.85, below the 50-day MA of 0.86, and below the 200-day MA of 0.79, indicating a bullish trend. The MACD of <0.01 indicates Negative momentum. The RSI at 54.54 is Neutral, neither overbought nor oversold. The STOCH value of 75.40 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for HK:0990.
Theme International Holdings Limited Peers Comparison
UnderperformOutperform
Sector (61)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
68 Neutral | HK$9.27B | 6.14 | 5.26% | 1.90% | -10.53% | 13.93% | |
61 Neutral | $10.43B | 7.12 | -0.05% | 2.87% | 2.86% | -36.73% | |
59 Neutral | HK$12.88B | 7.12 | 4.96% | ― | -58.23% | -51.42% | |
48 Neutral | HK$1.17B | 9.40 | 1.06% | 2.77% | -8.90% | -79.06% | |
46 Neutral | HK$29.44B | -15.06 | -0.88% | ― | -10.10% | 10.40% | |
44 Neutral | HK$22.80B | -3.91 | -8.87% | ― | -9.09% | 34.73% | |
44 Neutral | HK$13.74B | -3.42 | -17.20% | ― | -14.20% | 8.19% |
* Basic Materials Sector Average
HK:0990
Theme International Holdings Limited
0.87
0.54
163.64%
HK:0347
Angang Steel Co
1.51
0.12
8.63%
HK:0323
Maanshan Iron & Steel Co
2.50
1.08
76.06%
HK:0826
Tiangong International Co. Ltd.
3.40
1.62
90.69%
HK:0103
Shougang Concord Century Holding Ltd.
2.18
-0.02
-0.95%
HK:1053
Chongqing Iron & Steel Co., Ltd. Class H
1.12
0.38
51.35%
Theme International Holdings Limited Corporate Events
Deep Source Clarifies Funding and JV Structure for Vanadium Project and Indonesian Mining Expansion
Jan 28, 2026
Deep Source Holdings Limited has issued a supplemental announcement providing further details on its new share subscription and related mining investment structures. The company confirmed that its borrower counterparty has completed the acquisitio...
Deep Source to Raise Capital via HK$0.69-per-Share Placement of 515 Million New Shares
Dec 18, 2025
Deep Source Holdings Limited has entered into subscription agreements with no fewer than six independent professional corporate and individual investors to issue 515 million new shares under its existing general mandate. The new shares, representi...
Deep Source Holdings Delays Circular Dispatch for Major Acquisition
Dec 15, 2025
Deep Source Holdings Limited has announced a delay in the dispatch of a circular related to its major transaction involving the acquisition of a 60% equity interest in a target company. The circular, which was initially scheduled for release by De...
Deep Source Holdings Expands Resource Exploration and Trading Focus
Dec 9, 2025
Deep Source Holdings Limited has announced a strategic expansion beyond its traditional commodities trading and mineral processing operations. The company will now focus on the exploration and trading of additional resources such as pyrite, nickel...
Deep Source Holdings Facilitates Acquisition with $6 Million Loan
Dec 8, 2025
Deep Source Holdings Limited has entered into a loan agreement to provide US$6,000,000 to a borrower for the acquisition of the entire issued share capital of a target company involved in the Balla Balla Vanadium Project. This loan is interest-fre...
Deep Source Holdings Limited Announces Auditor Change
Nov 12, 2025
Deep Source Holdings Limited has announced a change in its auditor, transitioning from ZHONGHUI ANDA CPA Limited to Rongcheng (Hong Kong) CPA Limited. The decision, driven by the desire to enhance cost-effectiveness, independence, and objectivity,...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.