China Outfitters Holdings Ltd. (HK:1146)
:1146
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China Outfitters Holdings
(1146)
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Rating:44Neutral
Price Target:
HK$0.04
▲(30.00% Upside)
Action:ReiteratedDate:01/10/26
The score is driven primarily by weak financial performance, including steep revenue decline, sustained losses, and negative operating/free cash flow. Technicals add further pressure as the stock trades below major moving averages with negative MACD. Valuation provides limited support because the negative P/E reflects ongoing losses and no dividend yield is available.
Positive Factors
Low Leverage / Minimal Debt
Minimal debt gives the company durable financial flexibility: it lowers bankruptcy risk, preserves borrowing capacity, and provides room to fund restructuring or working capital during revenue recovery. That balance-sheet strength helps sustain operations amid prolonged weakness.
Negative Factors
Steep Revenue Decline
A near-25% YoY revenue drop signals lasting demand loss or distribution challenges. Sustained top-line contraction erodes operating leverage, makes fixed costs harder to cover, and requires structural fixes to product, channels, or pricing to restore durable growth.
Read all positive and negative factors
Positive Factors
Negative Factors
Low Leverage / Minimal Debt
Minimal debt gives the company durable financial flexibility: it lowers bankruptcy risk, preserves borrowing capacity, and provides room to fund restructuring or working capital during revenue recovery. That balance-sheet strength helps sustain operations amid prolonged weakness.
Read all positive factors
China Outfitters Holdings (1146) vs. iShares MSCI Hong Kong ETF (EWH)
Market Cap
HK$147.73M
Dividend YieldN/A
Average Volume (3M)164.07K
Price to Earnings (P/E)―
Beta (1Y)0.37
Revenue Growth-20.06%
EPS Growth6.75%
CountryHK
Employees190
SectorConsumer Cyclical
Sector Strength84
IndustryApparel - Manufacturers
Share Statistics
EPS (TTM)-0.01
Shares Outstanding3,445,450,000
10 Day Avg. Volume139,400
30 Day Avg. Volume164,066
Financial Highlights & Ratios
PEG Ratio0.09
Price to Book (P/B)0.24
Price to Sales (P/S)1.51
P/FCF Ratio-9.67
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
China Outfitters Holdings Business Overview & Revenue Model
Company Description
Huicheng International Holdings Ltd. engages in designing, manufacturing, marketing, and selling menswear products. It operates through the Property Development and Apparel Products and Accessories segments. The company was founded on March 7, 201...
How the Company Makes Money
China Outfitters Holdings generates revenue primarily through the sale of its outdoor apparel and equipment. The company operates a multi-channel distribution strategy that includes both direct-to-consumer sales through retail outlets and e-commer...
China Outfitters Holdings Financial Statement Overview
Summary
Income Statement
30
Negative
Balance Sheet
50
Neutral
Cash Flow
40
Negative
| Breakdown | TTM | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 141.13M | 156.08M | 207.66M | 206.52M | 323.51M | 727.75M |
| Gross Profit | 67.18M | 81.12M | 101.31M | 81.36M | 194.61M | 477.07M |
| EBITDA | -84.48M | -77.18M | -76.87M | -153.25M | -45.61M | 28.97M |
| Net Income | -113.08M | -109.41M | -142.52M | -252.18M | -151.81M | -122.15M |
Balance Sheet | ||||||
| Total Assets | 1.15B | 1.16B | 1.32B | 1.47B | 1.75B | 1.98B |
| Cash, Cash Equivalents and Short-Term Investments | 440.89M | 333.49M | 475.18M | 496.79M | 556.83M | 702.27M |
| Total Debt | 7.90M | 9.33M | 10.82M | 11.73M | 27.66M | 41.67M |
| Total Liabilities | 202.48M | 190.02M | 193.61M | 200.35M | 258.13M | 326.85M |
| Stockholders Equity | 943.10M | 971.06M | 1.13B | 1.26B | 1.49B | 1.66B |
Cash Flow | ||||||
| Free Cash Flow | -28.41M | -24.30M | -12.62M | -47.38M | -104.45M | 101.81M |
| Operating Cash Flow | -28.56M | -24.30M | -8.59M | -31.52M | -72.61M | 127.29M |
| Investing Cash Flow | -18.92M | -31.20M | -17.80M | 191.47M | -24.68M | 139.45M |
| Financing Cash Flow | -62.22M | -66.60M | -9.55M | -23.42M | -47.60M | -65.05M |
China Outfitters Holdings Technical Analysis
Positive
0.03
Price Trends
0.04
Positive
0.04
Positive
0.05
Negative
Market Momentum
<0.01
Negative
62.96
Neutral
49.68
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For HK:1146, the sentiment is Positive. The current price of 0.03 is below the 20-day moving average (MA) of 0.04, below the 50-day MA of 0.04, and below the 200-day MA of 0.05, indicating a neutral trend. The MACD of <0.01 indicates Negative momentum. The RSI at 62.96 is Neutral, neither overbought nor oversold. The STOCH value of 49.68 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for HK:1146.
China Outfitters Holdings Peers Comparison
UnderperformOutperform
Sector (61)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
70 Outperform | HK$80.04M | 11.22 | 11.56% | 12.12% | -7.88% | -4.49% | |
61 Neutral | $18.38B | 12.79 | -2.54% | 3.03% | 1.52% | -15.83% | |
52 Neutral | HK$169.53M | -0.96 | -8.69% | 2.08% | -6.96% | -32.24% | |
44 Neutral | HK$147.73M | -1.55 | -11.82% | ― | -20.06% | 6.75% | |
43 Neutral | HK$128.09M | -0.62 | -25.27% | ― | 4.98% | -3.47% | |
41 Neutral | HK$152.07M | -0.79 | -20.24% | ― | -6.47% | -118.56% |
* Consumer Cyclical Sector Average
HK:1146
China Outfitters Holdings
0.05
-0.03
-35.71%
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China Outfitters Holdings Corporate Events
Huicheng International Books Valuation Gain on Shanghai Biren Stake After Hong Kong Listing
Jan 2, 2026
Huicheng International Holdings Limited has disclosed that its fund investment, Qingdao Huaxin Anchor Investment Center, holds an indirect stake in Shanghai Biren Technology Co., Ltd., a Chinese developer of general-purpose computing on GPU chips ...
Huicheng International Holdings Enhances Nomination Committee
Dec 9, 2025
Huicheng International Holdings Limited, listed on the Hong Kong Stock Exchange, has announced changes to its Nomination Committee. The company has appointed Ms. Huang Xiaoyun and Mr. Ho Ka Wang as new members, effective December 9, 2025. This dec...
Huicheng International Holdings Announces Board Composition and Governance Structure
Dec 9, 2025
Huicheng International Holdings Limited has announced the composition of its board of directors, which includes a mix of executive, non-executive, and independent non-executive directors. The company has also established four board committees, wit...
Huicheng International Holdings Forms Nomination Committee to Enhance Board Governance
Dec 9, 2025
Huicheng International Holdings Limited has established a Nomination Committee to oversee the structure, size, and composition of its Board of Directors. The committee is tasked with recommending appointments and re-appointments of directors, ensu...
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.