Kingmaker Footwear Holdings (1170) AI Stock Analysis

• Market Cap: HK$317.94M
• Dividend Yield: 4.15%
• Average Volume (3M): 304.15K
• Price to Earnings (P/E): ―
• Beta (1Y): 0.33
• Revenue Growth: 2.32%
• EPS Growth: -88.07%
• Country: HK
• Employees: 6,400
• Sector: Consumer Cyclical
• Sector Strength: 84
• Industry: Apparel - Footwear & Accessories
• EPS (TTM): -0.01
• Shares Outstanding: 671,607,400
• 10 Day Avg. Volume: 538,050
• 30 Day Avg. Volume: 304,150
• PEG Ratio: 0.06
• Price to Book (P/B): 0.51
• Price to Sales (P/S): 0.86
• P/FCF Ratio: -62.98
• 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: 49 Neutral
• Price Target: HK$0.50 ▲(0.00% Upside)
• Action: Reiterated Date: 09/13/25
• Date: Action: Reiterated 09/13/25

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	Mar 2025	Mar 2024	Mar 2023	Mar 2022	Mar 2021
Income Statement
Total Revenue	646.95M	625.88M	689.27M	1.06B	842.69M	804.72M
Gross Profit	-937.00K	-11.38M	29.11M	89.58M	25.16M	38.20M
EBITDA	-51.16M	-21.09M	15.99M	48.60M	-33.06M	116.08M
Net Income	-27.49M	-33.89M	20.22M	53.41M	-18.04M	88.10M
Balance Sheet
Total Assets	1.36B	1.39B	1.51B	1.59B	1.66B	1.64B
Cash, Cash Equivalents and Short-Term Investments	322.00M	352.69M	415.58M	392.65M	304.43M	377.87M
Total Debt	3.96M	4.38M	2.10M	2.60M	18.84M	930.00K
Total Liabilities	305.81M	322.63M	323.85M	373.30M	437.59M	388.15M
Stockholders Equity	1.05B	1.06B	1.17B	1.21B	1.21B	1.24B
Cash Flow
Free Cash Flow	15.35M	-8.53M	33.66M	124.46M	-59.12M	-33.73M
Operating Cash Flow	30.76M	4.03M	45.04M	136.58M	-44.27M	-23.45M
Investing Cash Flow	-15.41M	67.35M	2.91M	-213.76M	133.54M	62.96M
Financing Cash Flow	-37.85M	-75.14M	-28.82M	-45.97M	-18.96M	-33.59M

Kingmaker Footwear Holdings Technical Analysis

• Technical Analysis Sentiment: Neutral
• Last Price: 0.50
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For HK:1170, the sentiment is Neutral. The current price of 0.5 is above the 20-day moving average (MA) of 0.49, above the 50-day MA of 0.49, and below the 200-day MA of 0.51, indicating a bearish trend. The MACD of >-0.01 indicates Positive momentum. The RSI at 44.65 is Neutral, neither overbought nor oversold. The STOCH value of 28.57 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral 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	82 Outperform	HK$11.84B	9.93	10.85%	10.16%	-0.14%	-14.24%
0551	74 Outperform	HK$25.63B	8.62	9.61%	7.69%	5.75%	0.93%
1731	73 Outperform	HK$851.20M	1.82	14.86%	9.21%	6.92%	4.74%
0210	70 Outperform	HK$741.97M	2.92	16.16%	4.60%	―	―
Sector *	61 Neutral	$18.38B	12.79	-2.54%	3.03%	1.52%	-15.83%
1170	49 Neutral	HK$317.94M	-12.78	-2.53%	4.15%	2.32%	-88.07%
0676	47 Neutral	HK$730.65M	-116.09	-1.89%	1.01%	-33.72%	-550.00%

Kingmaker Footwear Holdings Corporate Events

Kingmaker Footwear Grants 2.8 Million Share Options to Support Long-Term Growth

Kingmaker Footwear Holdings has granted 2.8 million share options under its 2022 share option scheme to 12 grantees as a reward for their contributions to the group’s ongoing operations and development. The options, carrying an exercise price of HK$0.51 per share and valid from 16 January 2026 to 15 January 2036, will vest in two equal tranches in 2027 and 2028, underscoring the company’s use of long-term equity incentives to align key personnel with shareholder interests and support its strategic growth plans.

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 Announces Special Interim Dividend

Kingmaker Footwear Holdings Limited announced a special interim dividend of HKD 0.02 per share for the six months ended 30 September 2025, with the ex-dividend date set for 30 December 2025. This announcement reflects the company’s financial strategy and can impact shareholder returns, indicating a positive outlook for the company’s financial health and commitment to rewarding its investors.

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 Reports Revenue Growth and Reduced Losses in Interim Results

Kingmaker Footwear Holdings Limited announced its interim results for the six months ended September 30, 2025, reporting a 6.5% increase in revenue to HK$347.1 million and a significant rise in gross profit by 354.9% to HK$13.4 million. Despite a reduction in losses attributable to equity holders by 49.3%, the company continues to face challenges with a loss of HK$6.6 million. The company maintained its special interim dividend per share at 2.0 HK cents, reflecting a stable dividend policy amidst financial improvements.

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 Announces Special Interim Dividend

Kingmaker Footwear Holdings Limited has announced a special interim dividend of HKD 0.02 per share for the six months ended 30 September 2025, with the payment date set for 28 January 2026. This announcement reflects the company’s financial strategy and may impact shareholder returns positively, indicating a stable financial position and potential investor confidence.

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 Upcoming Board Meeting

Kingmaker Footwear Holdings Limited has announced a board meeting scheduled for November 28, 2025, to discuss several key financial and operational matters. The agenda includes approving the unaudited consolidated financial statements for the six months ending September 30, 2025, considering an interim dividend, and potentially closing the register of members. This meeting could have significant implications for the company’s financial strategy and shareholder relations.

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.