Karrie International Holdings Limited (1050) AI Stock Analysis

• Market Cap: HK$5.34B
• Dividend Yield: 1.67%
• Average Volume (3M): 14.65M
• Price to Earnings (P/E): 26.1
• Beta (1Y): 0.70
• 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: 2,021,809,200
• 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: Hold
• Number of Analyst Covering: 0
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 68 Neutral
• Price Target: HK$3.00 ▲(11.11% 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

Consistent revenue growth indicates strong market demand and effective business strategies, supporting long-term expansion potential.

Improved Margins

Improved margins suggest enhanced operational efficiency, which can lead to better profitability and competitive positioning over time.

Strong Return on Equity

High return on equity indicates efficient management and strong financial performance, enhancing investor confidence and potential returns.

Negative Factors

Declining Free Cash Flow

A decline in free cash flow growth can limit the company's ability to invest in growth opportunities and meet financial obligations, impacting long-term stability.

Low Cash Flow Ratios

Low cash flow ratios suggest that earnings are not effectively converting into cash, which may constrain operational flexibility and investment capacity.

Moderate Debt Levels

While moderate, debt levels need careful monitoring to ensure financial flexibility and avoid potential liquidity issues in the long term.

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 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	3.00B	3.23B	2.92B	3.08B	3.08B	3.47B
Gross Profit	404.75M	472.08M	370.14M	325.60M	430.06M	937.52M
EBITDA	378.51M	398.43M	321.88M	314.59M	402.65M	845.37M
Net Income	197.98M	204.10M	169.66M	386.17M	549.10M	445.33M
Balance Sheet
Total Assets	2.62B	2.53B	2.40B	2.55B	5.07B	4.43B
Cash, Cash Equivalents and Short-Term Investments	209.18M	191.18M	149.42M	159.44M	924.05M	662.84M
Total Debt	664.92M	657.53M	533.30M	662.11M	1.22B	921.20M
Total Liabilities	1.60B	1.45B	1.41B	1.61B	3.37B	2.73B
Stockholders Equity	1.02B	1.08B	993.00M	936.76M	1.70B	1.70B
Cash Flow
Free Cash Flow	192.13M	116.26M	226.93M	398.13M	274.72M	465.81M
Operating Cash Flow	215.76M	261.84M	318.16M	586.02M	528.87M	538.26M
Investing Cash Flow	-23.45M	-142.84M	-94.44M	-221.49M	-253.06M	-79.67M
Financing Cash Flow	-185.64M	-77.93M	-232.45M	-1.11B	-25.38M	-257.35M

Karrie International Holdings Limited Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 2.70
• 50DMA: Positive
• 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 2.7 is above the 20-day moving average (MA) of 2.61, above the 50-day MA of 2.64, and above the 200-day MA of 1.37, indicating a bullish trend. The MACD of 0.08 indicates Negative momentum. The RSI at 51.87 is Neutral, neither overbought nor oversold. The STOCH value of 43.75 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$5.34B	26.09	19.09%	1.67%	10.34%	3.48%
Sector *	63 Neutral	$10.79B	15.43	7.44%	2.01%	2.89%	-14.66%
0838	63 Neutral	€1.70B	6.79	8.13%	4.92%	0.51%	3.74%
0255	62 Neutral	HK$1.17B	174.53	0.40%	14.29%	-4.52%	―
0929	54 Neutral	HK$831.28M	79.80	0.57%	―	1.48%	12.50%
0822	50 Neutral	€348.57M	-6.89	-4.46%	―	10.91%	11.01%
1721	42 Neutral	HK$208.00M	-5.09	-22.57%	―	10.03%	-34.10%

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.

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.

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.

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.

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.

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.

Karrie International Proposes HK$150 Million Convertible Bonds Issue

Karrie International Holdings Limited announced a proposed issue of convertible bonds worth HK$150,000,000, which will be subscribed by Mr. Ho Cheuk Fai, a connected person of the company. This transaction, subject to Independent Shareholders’ approval, is considered a connected transaction due to Mr. Ho’s roles as an executive Director, chairman, CEO, and controlling shareholder. The issuance of these bonds is expected to impact the company’s share capital, potentially increasing it by 3.13% upon full conversion. The company will seek a Specific Mandate from Independent Shareholders to proceed, with certain stakeholders abstaining from voting due to their interests.

Karrie International Appoints New Deputy Chairman to Strengthen Leadership

Karrie International Holdings Limited has announced the appointment of Mr. Ho Wai Hon, Brian as the deputy chairman of the Board, effective from October 1, 2025. Mr. Ho, who has extensive experience in finance and management, is expected to contribute significantly to the company’s strategic planning and business development. His appointment is seen as a strategic move to strengthen the company’s leadership and enhance its market positioning.

Karrie International Holdings Updates Board of Directors

Karrie International Holdings Limited has announced an updated list of its board of directors, effective from October 1, 2025. The board includes both executive and independent non-executive directors, with specific roles in various board committees. This restructuring is part of the company’s strategic governance to enhance its operational efficiency and strengthen its industry positioning.

Karrie International Joins NVIDIA’s Approved Vendor List for Server Components

Karrie International Holdings Limited has announced its inclusion in NVIDIA Corporation’s approved and recommended vendor lists for server chassis and racks components. This development highlights Karrie’s expertise and potential impact on its operations, as it aims to support NVIDIA’s AI server platforms and data center deployments. However, no contracts or purchase commitments have been finalized, and stakeholders are advised to exercise caution.