Easyknit International Holdings Ltd (HK:1218)
:1218
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Easyknit International Holdings Ltd
(1218)
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Rating:53Neutral
Price Target:
HK$3.50
▲(8.36% Upside)
Action:ReiteratedDate:03/03/26
The score is primarily constrained by weak profitability (negative margins and ROE) and mixed balance-sheet leverage, despite strong revenue growth and improved cash flow. Technicals are mildly supportive with the stock trading above major moving averages, but valuation remains pressured by losses reflected in the negative P/E.
Positive Factors
Revenue Growth
Strong 75.48% year-on-year revenue growth signals expanding market penetration across the group's property and healthcare operations. Durable top-line expansion supports reinvestment, scale economics potential and provides runway for margin recovery if cost structure is addressed.
Negative Factors
Weak Profitability
Negative net profit and EBIT margins indicate ongoing unprofitability that limits retained earnings and ROE. Persistent losses constrain capacity to self-fund growth, reduce strategic flexibility, and increase reliance on financing or asset disposals to bridge operating deficits.
Read all positive and negative factors
Positive Factors
Negative Factors
Revenue Growth
Strong 75.48% year-on-year revenue growth signals expanding market penetration across the group's property and healthcare operations. Durable top-line expansion supports reinvestment, scale economics potential and provides runway for margin recovery if cost structure is addressed.
Read all positive factors
Easyknit International Holdings Ltd (1218) vs. iShares MSCI Hong Kong ETF (EWH)
Market Cap
HK$213.83M
Dividend YieldN/A
Average Volume (3M)39.32K
Price to Earnings (P/E)―
Beta (1Y)-0.18
Revenue Growth3.34%
EPS Growth27.43%
CountryHK
Employees19
SectorReal Estate
Sector Strength53
IndustryReal Estate - Development
Share Statistics
EPS (TTM)-1.48
Shares Outstanding73,988,400
10 Day Avg. Volume1,201
30 Day Avg. Volume39,316
Financial Highlights & Ratios
PEG Ratio>-0.01
Price to Book (P/B)0.09
Price to Sales (P/S)0.30
P/FCF Ratio0.41
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
Easyknit International Holdings Ltd Business Overview & Revenue Model
Company Description
Easyknit International Holdings Limited, an investment holding company, engages in the investment, development, and management of properties in Hong Kong. It offers loan financing services, as well as invests in securities. Its investment properti...
How the Company Makes Money
Easyknit International generates revenue primarily through the production and sale of knitted and woven garments. The company operates on a business-to-business (B2B) model, supplying clothing to major retailers and brands worldwide. Key revenue s...
Easyknit International Holdings Ltd Financial Statement Overview
Summary
Income Statement
45
Neutral
Balance Sheet
50
Neutral
Cash Flow
60
Neutral
| Breakdown | TTM | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 337.80M | 488.49M | 227.11M | 86.76M | 350.78M | 323.38M |
| Gross Profit | -21.75M | -17.05M | 58.08M | 58.98M | 174.99M | 100.00M |
| EBITDA | -56.05M | 81.74M | -258.48M | 92.78M | -5.49M | 97.25M |
| Net Income | -117.48M | -717.67M | -253.24M | 13.28M | 979.44M | 22.31M |
Balance Sheet | ||||||
| Total Assets | 3.24B | 3.33B | 8.74B | 9.19B | 8.92B | 4.90B |
| Cash, Cash Equivalents and Short-Term Investments | 125.70M | 87.88M | 547.88M | 541.75M | 567.14M | 464.84M |
| Total Debt | 1.30B | 1.27B | 3.67B | 3.53B | 3.56B | 1.47B |
| Total Liabilities | 1.63B | 1.60B | 4.14B | 4.20B | 3.98B | 1.67B |
| Stockholders Equity | 1.62B | 1.73B | 2.41B | 3.45B | 4.18B | 3.23B |
Cash Flow | ||||||
| Free Cash Flow | 164.38M | 358.85M | -337.70M | -138.95M | -453.63M | 257.27M |
| Operating Cash Flow | 164.46M | 358.93M | -336.26M | -135.54M | -440.97M | 257.46M |
| Investing Cash Flow | 72.17M | -239.07M | 284.20M | 420.63M | -233.89M | -53.71M |
| Financing Cash Flow | -157.56M | -411.61M | -28.03M | -66.69M | 550.52M | -13.45M |
Easyknit International Holdings Ltd Technical Analysis
Negative
3.23
Price Trends
3.07
Negative
3.07
Negative
2.75
Positive
Market Momentum
-0.06
Positive
28.16
Positive
30.11
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For HK:1218, the sentiment is Negative. The current price of 3.23 is above the 20-day moving average (MA) of 3.02, above the 50-day MA of 3.07, and above the 200-day MA of 2.75, indicating a neutral trend. The MACD of -0.06 indicates Positive momentum. The RSI at 28.16 is Positive, neither overbought nor oversold. The STOCH value of 30.11 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for HK:1218.
Easyknit International Holdings Ltd Peers Comparison
UnderperformOutperform
Sector (65)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
65 Neutral | $2.17B | 12.19 | 3.79% | 4.94% | 3.15% | 1.96% | |
53 Neutral | HK$213.83M | -0.52 | -7.02% | ― | 3.34% | 27.43% | |
44 Neutral | HK$103.36M | -0.05 | -35.96% | ― | -5.63% | -36.30% | |
41 Neutral | HK$440.00M | -0.70 | -13.99% | ― | -0.38% | -296.42% | |
40 Underperform | HK$110.34M | -0.33 | -8.43% | ― | -65.67% | -183.81% | |
39 Underperform | HK$104.83M | >-0.01 | 77.11% | ― | -70.13% | -16.86% | |
39 Underperform | HK$82.87M | -0.02 | -1347.47% | ― | -59.30% | 19.71% |
* Real Estate Sector Average
HK:1218
Easyknit International Holdings Ltd
2.89
0.89
44.50%
HK:0075
YT Realty Group
0.14
-0.04
-23.33%
HK:6158
Zhenro Properties Group Limited
0.02
-0.02
-42.86%
HK:1996
Redsun Properties Group Ltd.
0.03
-0.02
-43.18%
HK:2329
Guorui Properties Ltd
0.10
0.06
147.50%
HK:3639
Yida China Holdings Ltd.
0.04
-0.06
-59.18%
Easyknit International Holdings Ltd Corporate Events
Easyknit International Formalises Nomination Committee Mandate to Strengthen Board Governance
Jan 30, 2026
Easyknit International Holdings Limited has formalised the terms of reference for its nomination committee, which is tasked with overseeing board appointments and maintaining an appropriate balance of skills, knowledge, experience and diversity, i...
Easyknit Completes HK$286.8 Million Disposal of Mark Profit via Convertible Note
Jan 16, 2026
Easyknit International Holdings Limited has completed a very substantial disposal involving the sale of its indirect wholly owned subsidiary Mark Profit, following shareholder approval at a special general meeting on 15 December 2025. The transact...
Easyknit International Approves Key Resolution at Special General Meeting
Dec 15, 2025
Easyknit International Holdings Ltd announced that an Ordinary Resolution was passed at their Special General Meeting held on December 15, 2025. The resolution, which was approved by a significant majority, pertains to the Sale and Purchase Agreem...
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.