Kingmaker Footwear Holdings (1170) AI Stock Analysis

• Market Cap: $324.56M
• Dividend Yield: 4.32%
• Average Volume (3M): 304.15K
• Price to Earnings (P/E): ―
• Beta (1Y): 0.42
• Revenue Growth: -9.20%
• EPS Growth: -268.90%
• Country: HK
• Employees: 6,400
• Sector: Consumer Cyclical
• Sector Strength: 84
• Industry: Apparel - Footwear & Accessories
• EPS (TTM): -0.03
• Shares Outstanding: 671,607,400
• 10 Day Avg. Volume: 538,050
• 30 Day Avg. Volume: 304,150
• PEG Ratio: N/A
• Price to Book (P/B): N/A
• Price to Sales (P/S): N/A
• P/FCF Ratio: N/A
• Enterprise Value/Market Cap: 0.61
• Enterprise Value/Revenue: 0.31
• Enterprise Value/Gross Profit: 19.42
• Enterprise Value/Ebitda: -4.69
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: Hold
• Number of Analyst Covering: 0

• Rating: 49 Neutral
• Price Target: HK$0.50 ▲(2.04% Upside)

The overall stock score is primarily impacted by the company's financial performance challenges, including declining revenues and profitability, and weak cash flow generation. Technical analysis indicates a bearish trend, although the RSI suggests a potential reversal. Valuation is mixed, with a negative P/E ratio but a relatively high dividend yield.

Kingmaker Footwear Holdings Business Overview & Revenue Model

Company Description

Kingmaker Footwear Holdings Limited, an investment holding company, manufactures and sells footwear products in the United States, Europe, Asia, and internationally. The company's products include athletic footwear; lifestyle shoes, such as casual shoes, ath-leisure shoes, etc.; rugged footwear, including mountain climbing shoes, waterproof shoes, steel-toed shoes, hand-stitched shoes, boots, etc.; and children's shoes, such as boy's and girl's shoes, infant shoes, etc. It also engages in the business of property holding and trading of footwear. Kingmaker Footwear Holdings Limited was founded in 1980 and is headquartered in Tsim Sha Tsui, Hong Kong.

How the Company Makes Money

Kingmaker Footwear Holdings generates revenue primarily through the sale of its footwear products across various channels, including wholesale distribution to retailers, direct-to-consumer sales through its online platform, and partnerships with major sporting goods stores. Key revenue streams include the sale of branded athletic shoes and casual footwear, which are priced based on quality and market demand. The company also benefits from licensing agreements and collaborations with well-known athletes and brands, enhancing its market presence and driving sales. Additionally, seasonal promotions and marketing campaigns play a significant role in boosting consumer interest and revenue during peak shopping periods.

Kingmaker Footwear Holdings Financial Statement Overview

Summary

Kingmaker Footwear Holdings faces significant financial challenges, with declining revenues and profitability impacting its income statement. While the balance sheet shows low leverage, the negative return on equity and weak cash flow generation highlight operational inefficiencies and liquidity concerns.

Income Statement

Kingmaker Footwear Holdings has experienced declining revenue and profitability over the past few years. The gross profit margin has turned negative in the latest year, indicating cost pressures or pricing challenges. The net profit margin has also deteriorated, reflecting operational inefficiencies. Revenue growth has been negative, suggesting a shrinking market presence or demand issues.

Balance Sheet

The company maintains a low debt-to-equity ratio, indicating conservative leverage and financial stability. However, the return on equity has been negative, suggesting inefficiencies in generating returns for shareholders. The equity ratio remains healthy, showing a strong capital structure.

Cash Flow

Cash flow performance has been weak, with negative free cash flow growth and low operating cash flow coverage ratios. The free cash flow to net income ratio is negative, indicating challenges in converting earnings into cash. This could pose liquidity risks if not addressed.

Breakdown	TTM	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	632.30M	625.88M	689.27M	1.06B	842.69M	804.72M
Gross Profit	10.22M	-11.38M	29.11M	89.58M	25.16M	38.20M
EBITDA	-42.33M	-21.09M	15.99M	23.10M	-41.76M	102.44M
Net Income	-14.65M	-33.89M	20.22M	53.41M	-18.04M	88.10M
Balance Sheet
Total Assets	1.44B	1.39B	1.51B	1.59B	1.66B	1.64B
Cash, Cash Equivalents and Short-Term Investments	323.35M	352.69M	415.58M	392.65M	304.43M	377.87M
Total Debt	4.93M	4.38M	2.10M	2.60M	18.84M	930.00K
Total Liabilities	312.37M	322.63M	323.85M	373.30M	437.59M	388.15M
Stockholders Equity	1.12B	1.06B	1.17B	1.21B	1.21B	1.24B
Cash Flow
Free Cash Flow	-60.80M	-8.53M	33.66M	124.46M	-59.12M	-33.73M
Operating Cash Flow	-48.52M	4.03M	45.04M	136.58M	-44.27M	-23.45M
Investing Cash Flow	142.88M	67.35M	2.91M	-213.76M	133.54M	62.96M
Financing Cash Flow	-66.02M	-75.14M	-28.82M	-45.97M	-18.96M	-33.59M

Kingmaker Footwear Holdings Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 0.49
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Negative
• RSI: Neutral
• STOCH: Positive

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For HK:1170, the sentiment is Negative. The current price of 0.49 is below the 20-day moving average (MA) of 0.50, below the 50-day MA of 0.51, and below the 200-day MA of 0.61, indicating a bearish trend. The MACD of >-0.01 indicates Negative momentum. The RSI at 39.97 is Neutral, neither overbought nor oversold. The STOCH value of 5.13 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for HK:1170.

Kingmaker Footwear Holdings Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
1836	―	$13.66B	10.95	14.55%	9.72%	-0.14%	-14.24%
1731	―	HK$840.00M	4.30	14.86%	8.75%	6.92%	4.74%
0551	―	$20.90B	7.09	8.72%	9.09%	5.75%	0.93%
0210	―	HK$850.80M	6.85	15.44%	4.65%	―	―
Sector *	―	$18.38B	12.79	-2.54%	3.03%	1.52%	-15.83%
1170	―	$324.56M	―	-3.04%	4.32%	-9.20%	-268.90%
0676	―	HK$730.65M	-65.36	-1.85%	1.02%	-33.72%	-550.00%

Kingmaker Footwear Holdings Corporate Events

Kingmaker Footwear Announces Share Purchase Under Award Scheme

Kingmaker Footwear Holdings Limited has announced a voluntary share purchase under its Share Award Scheme. The Trustee acquired 1,000,000 shares, representing approximately 0.149% of the total shares in issue, at an average price of HK$0.52 per share. This purchase increases the Trustee’s holdings to 10,602,000 shares, or 1.579% of the total shares in issue. The Board will continue to review and determine the number of awarded shares to be distributed to selected participants under the scheme.

The most recent analyst rating on (HK:1170) stock is a Hold with a HK$0.50 price target. To see the full list of analyst forecasts on Kingmaker Footwear Holdings stock, see the HK:1170 Stock Forecast page.

Kingmaker Footwear Holdings Announces Share Award Grant

Kingmaker Footwear Holdings Limited has announced the grant of 814,000 awarded shares to 15 grantees as part of its Share Award Scheme, with the shares vesting on October 10, 2025. This move, based on the recommendation of the company’s remuneration committee, aims to reward and retain key personnel without performance targets, potentially impacting employee motivation and retention strategies.

The most recent analyst rating on (HK:1170) stock is a Hold with a HK$0.50 price target. To see the full list of analyst forecasts on Kingmaker Footwear Holdings stock, see the HK:1170 Stock Forecast page.

Kingmaker Footwear Holdings Announces Successful AGM Resolutions

Kingmaker Footwear Holdings Limited announced the successful passing of all proposed resolutions at its Annual General Meeting held on August 28, 2025. Key resolutions included the approval of audited financial statements, declaration of special final dividends, re-election of directors, re-appointment of auditors, and granting of a general mandate to repurchase shares. These decisions reflect the company’s commitment to maintaining strong governance and shareholder value.

The most recent analyst rating on (HK:1170) stock is a Hold with a HK$0.50 price target. To see the full list of analyst forecasts on Kingmaker Footwear Holdings stock, see the HK:1170 Stock Forecast page.

Kingmaker Footwear Sees Revenue Growth Amid Tariff Window

Kingmaker Footwear Holdings Limited reported a 7.9% increase in revenue for the first quarter of FY2026, driven by increased orders as clients expedited shipments during a 90-day tariff window. The company remains focused on financial health and resilience, engaging with branded clients on product development and procurement, and is well-positioned for potential new orders and market recovery.

The most recent analyst rating on (HK:1170) stock is a Hold with a HK$0.50 price target. To see the full list of analyst forecasts on Kingmaker Footwear Holdings stock, see the HK:1170 Stock Forecast page.