Karrie International Holdings Limited (1050) AI Stock Analysis

• Market Cap: HK$1.84B
• Dividend Yield: 10.99%
• Average Volume (3M): 1.43M
• Price to Earnings (P/E): 9.0
• Beta (1Y): 0.31
• Revenue Growth: 29.30%
• EPS Growth: -1.21%
• Country: HK
• Employees: 3,600
• Sector: Industrials
• Sector Strength: 89
• Industry: Manufacturing - Metal Fabrication
• EPS (TTM): 0.05
• Shares Outstanding: 2,021,459,200
• 10 Day Avg. Volume: 1,444,200
• 30 Day Avg. Volume: 1,426,653
• PEG Ratio: 0.56
• Price to Book (P/B): 1.81
• Price to Sales (P/S): 0.00
• P/FCF Ratio: 9.57
• 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: 64 Neutral
• Price Target: ―

Karrie International Holdings Limited faces challenges with declining profitability and revenue, which impact its financial performance score. Technical analysis reveals bearish momentum, but valuation metrics such as a low P/E ratio and high dividend yield provide some positive outlook. The overall stock score reflects moderate prospects with areas for improvement in profitability and market sentiment.

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 primarily through its two business segments. The Metal and Plastic Business involves the manufacture and sale of metal and plastic components, which are used in various applications across different industries. This segment caters to a wide range of customers, supplying essential parts for the production of consumer electronics, automotive components, and more. The Electronic Manufacturing Services Business provides contract manufacturing services, including design, prototyping, and mass production of electronic products, to original equipment manufacturers (OEMs). This segment helps clients streamline their production processes and reduce costs by outsourcing manufacturing tasks to Karrie International. The company's revenue streams are further supported by strategic partnerships with key clients and a focus on maintaining high standards of quality and customer service.

Karrie International Holdings Limited Financial Statement Overview

Summary

Karrie International Holdings Limited demonstrates moderate financial health with stable leverage and cash flow metrics. However, significant declines in net profit margin and revenue growth pose challenges. The company needs to focus on improving profitability and revenue to enhance its financial standing.

Income Statement

Gross profit margin has declined from 10.57% to 12.68% over the past year, showing slight improvement. However, the net profit margin fell significantly from 12.54% to 5.82%, indicating challenges in maintaining profitability. Revenue decreased by 5.37% year-over-year, signaling potential demand issues.

Balance Sheet

The debt-to-equity ratio decreased from 0.71 to 0.54, reflecting better leverage management. However, the return on equity dropped from 41.22% to 17.08%, pointing to reduced efficiency in generating profit from equity. The equity ratio remained stable around 41-42%, indicating moderate financial stability.

Cash Flow

Free cash flow decreased by 43.02% from the previous year, showing weaker cash generation. However, the operating cash flow to net income ratio was strong, indicating good cash conversion from profits. The free cash flow to net income ratio also suggests decent cash flow relative to net income.

Breakdown	Mar 2024	Mar 2023	Mar 2022	Mar 2021	Mar 2020
Income Statement
Total Revenue	2.92B	3.08B	3.08B	3.47B	2.90B
Gross Profit	370.14M	325.60M	430.06M	937.52M	524.62M
EBITDA	321.88M	314.59M	402.65M	845.37M	449.72M
Net Income	169.66M	386.17M	549.10M	445.33M	250.27M
Balance Sheet
Total Assets	2.40B	2.55B	5.07B	4.43B	3.02B
Cash, Cash Equivalents and Short-Term Investments	149.42M	159.44M	924.05M	662.84M	297.48M
Total Debt	533.30M	662.11M	1.22B	921.20M	956.30M
Total Liabilities	1.41B	1.61B	3.37B	2.73B	1.84B
Stockholders Equity	993.00M	936.76M	1.70B	1.70B	1.18B
Cash Flow
Free Cash Flow	226.93M	398.13M	274.72M	465.81M	-79.43M
Operating Cash Flow	318.16M	586.02M	528.87M	538.26M	40.95M
Investing Cash Flow	-94.44M	-221.49M	-253.06M	-79.67M	-120.06M
Financing Cash Flow	-232.45M	-1.11B	-25.38M	-257.35M	155.92M

Karrie International Holdings Limited Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 0.90
• 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 0.9 is above the 20-day moving average (MA) of 0.86, above the 50-day MA of 0.82, and above the 200-day MA of 0.79, indicating a bullish trend. The MACD of 0.03 indicates Negative momentum. The RSI at 64.54 is Neutral, neither overbought nor oversold. The STOCH value of 77.78 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	64 Neutral	HK$1.84B	8.97	19.74%	10.99%	29.30%	-1.21%
Sector *	58 Neutral	HK$14.16B	4.53	-3.01%	6.82%	3.67%	-54.16%
MI8	―	€34.77M	―	-5.00%	―	―	―
GZT	―	€136.53M	4.13	7.82%	12.22%	―	―
0255	62 Neutral	HK$878.03M	―	-0.79%	14.39%	7.17%	81.17%
0929	52 Neutral	HK$436.69M	41.09	0.58%	―	12.38%	87.04%
1721	49 Neutral	HK$465.00M	―	-10.69%	―	-7.29%	29.68%

Karrie International Holdings Limited Corporate Events

Karrie International Mitigates Impact of US Tariffs with Strategic Operations

Karrie International Holdings Limited announced that the recent reciprocal tariffs imposed by the United States government, particularly on Chinese goods, are not expected to have a material adverse impact on its business. The company’s strategic establishment of a manufacturing base in Thailand has enabled it to mitigate risks associated with geopolitical changes, as direct shipments to the US account for only 1% of its total revenue.