BaWang International (Group) Holding Limited (1338) AI Stock Analysis

• Market Cap: HK$161.28M
• Dividend Yield: N/A
• Average Volume (3M): 1.05M
• Price to Earnings (P/E): 23.2
• Beta (1Y): 0.42
• Revenue Growth: 4.77%
• EPS Growth: -53.19%
• Country: HK
• Employees: 255
• Sector: Consumer Defensive
• Sector Strength: 66
• Industry: Household & Personal Products
• EPS (TTM): <0.01
• Shares Outstanding: 3,162,440,700
• 10 Day Avg. Volume: 1,017,400
• 30 Day Avg. Volume: 1,049,133
• PEG Ratio: -0.07
• Price to Book (P/B): 1.15
• Price to Sales (P/S): 0.00
• P/FCF Ratio: 6.56
• 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: 65 Neutral
• Price Target: ―

BaWang International exhibits strong financial performance with revenue growth and cost efficiency. However, liquidity issues and an overvalued stock price pose potential risks. Positive market momentum offers some optimism, but overvaluation and cash flow concerns limit upside potential.

BaWang International (Group) Holding Limited Business Overview & Revenue Model

Company Description

BaWang International (Group) Holding Limited, together with its subsidiaries, designs, manufactures, trades in, and distributes Chinese herbal products in the People's Republic of China, Hong Kong, Thailand, and Malaysia. It operates through Hair-Care Products, Skin-Care Products, and Other Household and Personal Care Products segments. The company offers shampoo, hair-care, skin-care, household cleaning, and shower gel products, as well as laundry detergents and anti-bacterial hand gel under the Bawang, Royal Wind, Herborn, and Litao brands through distributors and retailers; and through online. It also manufactures, markets, and trades in household and personal care products. The company was incorporated in 2007 and is based in Guangzhou, the People's Republic of China. BaWang International (Group) Holding Limited is a subsidiary of Fortune Station Limited.

How the Company Makes Money

BaWang International generates revenue primarily through the sale of its herbal personal care products, including shampoos and hair care solutions, in both domestic and international markets. The company employs a multi-channel sales strategy, distributing products via retail outlets, e-commerce platforms, and direct sales channels. Additionally, BaWang capitalizes on strategic marketing partnerships and brand endorsements to enhance its market presence and consumer reach. The company's earnings are influenced by its ability to innovate product offerings, maintain effective distribution networks, and uphold brand reputation in the competitive personal care industry.

BaWang International (Group) Holding Limited Financial Statement Overview

Summary

BaWang International shows strong revenue growth and cost management, leading to a solid gross profit margin. The balance sheet is robust with low leverage, but asset decline and cash flow issues indicate potential liquidity concerns.

Income Statement

The company has shown steady revenue growth with a recent 6.43% increase in 2024. The gross profit margin improved to 50.91%, indicating efficient cost management. However, the net profit margin declined slightly to 2.59%, and EBIT margin decreased to 3.00%, suggesting challenges in controlling operating expenses.

Balance Sheet

The balance sheet reflects a solid equity position with an equity ratio of 61.79%. The debt-to-equity ratio is low at 0.11, indicating conservative leverage. However, a decline in total assets over recent years could pose future challenges.

Cash Flow

The company reported zero free cash flow in 2024, indicating potential cash management issues. Previously, it had positive free cash flow growth and a healthy operating cash flow to net income ratio. The lack of operating cash flow in 2024 suggests liquidity concerns.

Breakdown
Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement		Total Revenue
252.95M	237.65M	246.34M	273.60M	275.99M
	Gross Profit
128.78M	119.72M	92.52M	99.03M	108.10M
	EBIT
7.58M	14.88M	-19.92M	-12.97M	-4.45M
	EBITDA
14.25M	31.50M	15.19M	25.01M	26.93M
	Net Income Common Stockholders
6.55M	13.63M	-19.43M	-9.08M	-4.04M
Balance Sheet		Cash, Cash Equivalents and Short-Term Investments
120.32M	88.27M	74.40M	63.27M	122.34M
	Total Assets
235.43M	230.33M	244.23M	295.58M	264.57M
	Total Debt
15.89M	25.10M	33.28M	53.45M	11.48M
	Net Debt
-104.43M	-63.17M	-41.13M	-5.82M	-110.86M
	Total Liabilities
89.97M	90.83M	118.21M	149.72M	109.84M
	Stockholders Equity
145.47M	139.50M	126.02M	145.85M	154.73M
Cash Flow		Free Cash Flow
0.00	1.78M	22.15M	-65.00K	34.92M
	Operating Cash Flow
0.00	4.05M	24.11M	1.60M	37.89M
	Investing Cash Flow
0.00	19.35M	-177.00K	-50.52M	-1.18M
	Financing Cash Flow
0.00	-9.07M	-11.28M	-11.44M	-16.81M

BaWang International (Group) Holding Limited Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 0.05
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For HK:1338, the sentiment is Positive. The current price of 0.05 is below the 20-day moving average (MA) of 0.05, above the 50-day MA of 0.05, and above the 200-day MA of 0.05, indicating a neutral trend. The MACD of >-0.01 indicates Positive momentum. The RSI at 48.94 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 Positive sentiment for HK:1338.

BaWang International (Group) Holding Limited Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
1338	65 Neutral	HK$161.28M	23.18	4.61%	―	4.77%	-53.19%
Sector *	65 Neutral	$8.81B	14.92	4.67%	6.17%	3.60%	-2.89%
PIAIF		$126.37B	6.18		7.49%	―	―
LMPMF		$1.25B	7.14	4.75%	4.12%	―	―
SNPMF		$93.29B	9.28		26.17%	―	―
TTNDF		$20.87B	17.43	18.52%	2.82%	―	―
NC2B		€101.60B	5.79	19.25%	7.60%	―	―

BaWang International (Group) Holding Limited Corporate Events

BaWang International Issues Clarification on Share Mandates and Director Re-election

BaWang International (Group) Holding Limited has issued a clarification announcement regarding its general mandates to issue and repurchase shares, as well as the re-election of directors and notice of its annual general meeting. The company confirms that there are no unusual features in the explanatory statement or the proposed repurchase of shares, and no changes have been made to the information contained in the previously issued circular.

BaWang International Announces 2025 Annual General Meeting

BaWang International (Group) Holding Limited has announced its annual general meeting to be held on May 30, 2025, in Guangzhou, China. Key agenda items include the consideration of audited financial statements, re-election of directors, re-appointment of auditors, and authorization for the board to manage share allotments. These decisions are pivotal for the company’s governance and strategic planning, potentially impacting its operational efficiency and shareholder value.

BaWang International Sees Revenue Growth but Profit Decline in 2024

BaWang International reported a 6.4% increase in total revenue for 2024, reaching approximately RMB253.0 million, with online sales contributing significantly to this growth. Despite the revenue increase, the company’s operating profit and net profit saw substantial declines of 49.1% and 51.9% respectively, leading the Board to decide against the payment of a final dividend.

BaWang International Announces Upcoming Board Meeting to Review 2024 Financial Results

BaWang International (Group) Holding Limited has announced that its board of directors will convene on March 28, 2025, to review and approve the company’s audited final results for the year ending December 31, 2024. The board will also consider the declaration of a final dividend, which could impact the company’s financial distribution to its stakeholders.