Karrie International Holdings Limited (1050) AI Stock Analysis

• Market Cap: HK$5.05B
• Dividend Yield: 1.81%
• Average Volume (3M): 14.65M
• Price to Earnings (P/E): 24.7
• Beta (1Y): 0.75
• Revenue Growth: 10.34%
• EPS Growth: 3.48%
• Country: HK
• Employees: 3,600
• Sector: Industrials
• Sector Strength: 72
• Industry: Manufacturing - Metal Fabrication
• EPS (TTM): 0.05
• Shares Outstanding: 2,021,463,300
• 10 Day Avg. Volume: 7,685,200
• 30 Day Avg. Volume: 14,654,993
• PEG Ratio: 0.42
• Price to Book (P/B): 1.53
• Price to Sales (P/S): 0.51
• P/FCF Ratio: 14.22
• 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: 68 Neutral
• Price Target: HK$2.50 ▲(2.46% Upside)

Karrie International Holdings Limited's stock score is driven primarily by its solid financial performance and positive technical indicators. The company's revenue growth and improved margins are significant strengths, though liquidity challenges due to declining free cash flow growth are a concern. The stock's valuation is relatively high, which may limit upside potential. Overall, the stock presents a balanced risk-reward profile with a slight positive bias due to technical momentum.

Positive Factors

Revenue Growth

A 7.61% revenue increase signals a recovery in demand for Karrie's PCBs and components. Sustained top‑line growth supports higher capacity utilization, strengthens customer relationships and improves predictability of cash flows, enabling multi‑month investment and operational planning.

Improving Margins / Operational Efficiency

Improved gross and operating margins reflect better cost control and possible favorable product mix or pricing. If driven by durable operational improvements and higher value‑added engineering services, these margin gains enhance sustainable operating cash generation and resilience over the medium term.

Balanced Leverage and Strong ROE

Moderate leverage with a 0.61 debt/equity and near 19% ROE indicates effective capital deployment and a manageable capital structure. This combination supports funding of capex and working capital while limiting refinancing risk, preserving strategic flexibility over coming quarters.

Negative Factors

Declining Free Cash Flow Growth

A roughly 40% drop in free cash flow growth materially weakens internal liquidity. Lower FCF constrains reinvestment, dividends and buffers for cyclical downturns in electronics manufacturing, increasing dependence on external financing and raising medium‑term execution risk.

Poor Cash Conversion

An OCF/Net income ratio of 0.22 indicates earnings translate poorly into cash, likely due to working capital swings or non‑cash items. Persistent weak cash conversion raises financing needs, heightens sensitivity to supplier/customer payment cycles, and pressures liquidity over months.

Low Net Profit Margin

A net margin of ~6.3% limits retained earnings and cushions against input cost inflation. In competitive PCB/component manufacturing this narrow profitability band reduces ability to fund R&D, absorb shocks or expand selectively, constraining sustainable long‑term return stability.

Karrie International Holdings Limited Business Overview & Revenue Model

Company Description

Karrie International Holdings Limited, an investment holding company, provides metal and plastic products, and electronic manufacturing services (EMS) worldwide. It operates through three segments: Metal and Plastic Business; EMS Business; and Real Estate Business. The Metal and Plastic Business segment manufactures and sells metal and plastic parts, including moulds, and plastic and metal products for information and communication technology industry, as well as offers mechanical engineering solutions. The EMS Business segment manufactures and sells magnetic tape data storage products, point-of-sale systems, and other computer peripherals. The Real Estate Business segment engages in the urban renewal, and residential real estate project investment and development operations. It also engages in the design, manufacture, and sale of server casings, office automation products, visual accessories, metal stamping dies, and plastic injection moulds; provision of property management and consultancy services; and property holding activities. The company was founded in 1980 and is headquartered in Tsuen Wan, Hong Kong.

How the Company Makes Money

Karrie International Holdings Limited generates revenue through multiple streams, primarily from the manufacturing and sale of printed circuit boards (PCBs) and electronic components to a diverse clientele in the electronics industry. The company capitalizes on its expertise in precision machinery and engineering services to offer value-added solutions, which contribute significantly to its earnings. Additionally, Karrie may engage in partnerships with technology firms and other manufacturers to expand its product offerings and market reach, leveraging economies of scale and shared resources. The company's strategic focus on high-quality production and adherence to industry standards further enhances its competitive edge, driving consistent revenue growth.

Karrie International Holdings Limited Financial Statement Overview

Summary

Karrie International Holdings Limited demonstrates a solid financial performance with revenue growth and improved margins. The balance sheet reflects a stable financial position with moderate leverage and strong return on equity. However, the decline in free cash flow growth and lower cash flow ratios highlight potential liquidity challenges.

Income Statement

Karrie International Holdings Limited has shown a positive revenue growth rate of 7.61% in the most recent year, indicating a recovery from previous declines. The gross profit margin has improved to 14.61%, reflecting better cost management. However, the net profit margin remains relatively low at 6.32%, suggesting room for improvement in profitability. The EBIT and EBITDA margins have also improved, indicating operational efficiency gains.

Balance Sheet

The company's debt-to-equity ratio stands at 0.61, which is moderate and indicates a balanced approach to leveraging. Return on equity is strong at 18.92%, showcasing effective use of shareholder funds. The equity ratio is healthy, suggesting a stable financial structure. However, the company should monitor its debt levels to maintain financial flexibility.

Cash Flow

The free cash flow growth rate has declined by 39.49%, which is a concern for future liquidity. The operating cash flow to net income ratio is 0.22, indicating that cash generation from operations is lower than net income. The free cash flow to net income ratio is 0.44, suggesting that a significant portion of earnings is not translating into free cash flow.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	3.23B	3.23B	2.92B	3.08B	3.08B	3.47B
Gross Profit	470.63M	472.08M	370.14M	325.60M	430.06M	937.52M
EBITDA	399.96M	398.43M	321.88M	314.59M	402.65M	845.37M
Net Income	204.48M	204.10M	169.66M	386.17M	549.10M	445.33M
Balance Sheet
Total Assets	2.53B	2.53B	2.40B	2.55B	5.07B	4.43B
Cash, Cash Equivalents and Short-Term Investments	191.18M	191.18M	149.42M	159.44M	924.05M	662.84M
Total Debt	657.53M	657.53M	533.30M	662.11M	1.22B	921.20M
Total Liabilities	1.45B	1.45B	1.41B	1.61B	3.37B	2.73B
Stockholders Equity	1.08B	1.08B	993.00M	936.76M	1.70B	1.70B
Cash Flow
Free Cash Flow	98.53M	116.26M	226.93M	398.13M	274.72M	465.81M
Operating Cash Flow	244.06M	261.84M	318.16M	586.02M	528.87M	538.26M
Investing Cash Flow	-145.08M	-142.84M	-94.44M	-221.49M	-253.06M	-79.67M
Financing Cash Flow	-38.67M	-77.93M	-232.45M	-1.11B	-25.38M	-257.35M

Karrie International Holdings Limited Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 2.44
• 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:1050, the sentiment is Positive. The current price of 2.44 is below the 20-day moving average (MA) of 2.45, below the 50-day MA of 2.54, and above the 200-day MA of 1.55, indicating a neutral trend. The MACD of -0.03 indicates Negative momentum. The RSI at 50.56 is Neutral, neither overbought nor oversold. The STOCH value of 59.94 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for HK:1050.

Karrie International Holdings Limited Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
1050	68 Neutral	HK$5.05B	24.70	19.09%	1.81%	10.34%	3.48%
Sector *	63 Neutral	$10.79B	15.43	7.44%	2.01%	2.89%	-14.66%
0838	63 Neutral	HK$1.54B	6.16	8.13%	5.09%	0.51%	3.74%
0929	54 Neutral	HK$820.76M	78.79	0.57%	―	1.48%	12.50%
0255	53 Neutral	HK$900.12M	133.96	0.40%	14.77%	-4.52%	―
1721	51 Neutral	HK$295.00M	-7.21	-22.57%	―	10.03%	-34.10%
0822	50 Neutral	HK$335.16M	-6.63	-4.46%	―	10.91%	11.01%

Karrie International Holdings Limited Corporate Events

Karrie International Approves Key Financial Resolution at SGM

Karrie International Holdings Limited announced that an ordinary resolution was passed at their Special General Meeting held on December 2, 2025. The resolution involved the approval of a Subscription Agreement, issuance of a Convertible Bond, and related transactions. The resolution was supported by 94.36% of the independent shareholders’ votes, indicating strong backing for the company’s strategic financial maneuvers.

The most recent analyst rating on (HK:1050) stock is a Hold with a HK$3.00 price target. To see the full list of analyst forecasts on Karrie International Holdings Limited stock, see the HK:1050 Stock Forecast page.

Karrie International Reports 5% Revenue Growth Amid Dividend Cut

Karrie International Holdings Limited announced its unaudited interim results for the six months ending September 30, 2025, reporting a 5% increase in revenue to HK$1,608,745,000 compared to the previous year. Despite stable profit and earnings per share, the company declared a 40% reduction in interim dividend per share, reflecting potential strategic financial adjustments.

The most recent analyst rating on (HK:1050) stock is a Hold with a HK$2.50 price target. To see the full list of analyst forecasts on Karrie International Holdings Limited stock, see the HK:1050 Stock Forecast page.

Karrie International Announces Interim Dividend for 2025

Karrie International Holdings Limited has announced an interim cash dividend of HKD 0.015 per share for the six months ending 30 September 2025. The dividend will be paid on 31 December 2025, with the ex-dividend date set for 11 December 2025. This announcement reflects the company’s ongoing commitment to returning value to its shareholders.

The most recent analyst rating on (HK:1050) stock is a Hold with a HK$2.50 price target. To see the full list of analyst forecasts on Karrie International Holdings Limited stock, see the HK:1050 Stock Forecast page.

Karrie International to Discuss HK$150 Million Convertible Bonds Issuance

Karrie International Holdings Limited has announced a special general meeting to discuss and potentially approve a subscription agreement for the issuance of convertible bonds worth HK$150,000,000. The meeting will address the approval of the subscription agreement, the issuance of the convertible bonds, and the allotment of new ordinary shares upon conversion. This move is significant as it could impact the company’s capital structure and market positioning, offering potential benefits to stakeholders through increased financial flexibility and growth opportunities.

The most recent analyst rating on (HK:1050) stock is a Hold with a HK$3.00 price target. To see the full list of analyst forecasts on Karrie International Holdings Limited stock, see the HK:1050 Stock Forecast page.

Karrie International Schedules Board Meeting for Interim Results and Dividend Consideration

Karrie International Holdings Limited has announced that its Board of Directors will meet on November 26, 2025, to approve the unaudited consolidated interim results for the six months ending September 30, 2025. The meeting will also consider recommending an interim dividend, which could impact shareholder returns and company financial strategies.

The most recent analyst rating on (HK:1050) stock is a Hold with a HK$3.00 price target. To see the full list of analyst forecasts on Karrie International Holdings Limited stock, see the HK:1050 Stock Forecast page.

Karrie International Delays Circular Dispatch for Convertible Bonds

Karrie International Holdings Limited has announced a delay in the dispatch of a circular related to a connected transaction involving the proposed issuance of convertible bonds. The circular, which was initially expected to be sent to shareholders by November 4, 2025, will now be dispatched by November 18, 2025, due to the need for additional time to finalize certain information.

The most recent analyst rating on (HK:1050) stock is a Hold with a HK$3.00 price target. To see the full list of analyst forecasts on Karrie International Holdings Limited stock, see the HK:1050 Stock Forecast page.