International Housewares Retail Co (1373) AI Stock Analysis

• Market Cap: HK$658.11M
• Dividend Yield: 4.35%
• Average Volume (3M): 547.02K
• Price to Earnings (P/E): 7.9
• Beta (1Y): 0.33
• Revenue Growth: -4.58%
• EPS Growth: -31.73%
• Country: HK
• Employees: 2,070
• Sector: Consumer Defensive
• Sector Strength: 55
• Industry: Furnishings, Fixtures & Appliances
• EPS (TTM): 0.12
• Shares Outstanding: 721,203,000
• 10 Day Avg. Volume: 492,400
• 30 Day Avg. Volume: 547,019
• PEG Ratio: -0.59
• Price to Book (P/B): 2.30
• Price to Sales (P/S): 0.00
• P/FCF Ratio: 4.10
• 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: 70 Outperform
• Price Target: HK$1.00 ▲(8.70%Upside)

International Housewares Retail Co has a solid financial foundation with stable equity and manageable debt, but faces challenges with declining revenue and profitability margins. The technical analysis shows weak market momentum, suggesting potential further downside. However, the stock is attractively valued with a low P/E ratio and high dividend yield, providing some appeal to investors.

International Housewares Retail Co Business Overview & Revenue Model

Company Description

International Housewares Retail Company Limited, an investment holding company, engages in the retail sale and trading of housewares products. The company operates its stores under the JHC, Japan Home, 123 by ELLA, City Life, and $MART brands, as well as Day Day Store; and the online platforms, JHC eshop and EasyBuy. It has a retail network comprising 389 stores in Hong Kong, Singapore, Macau, East Malaysia, Cambodia, Australia, and Vietnam. The company is also involved in licensing franchise rights; and the provision of management services. In addition, it engages in the manufacture and export of housewares products; property investment activities; and retail sale of gifts and accessories. The company was founded in 1991 and is headquartered in Wong Chuk Hang, Hong Kong.

How the Company Makes Money

International Housewares Retail Co generates revenue primarily through the sale of housewares and home improvement products across its network of physical retail stores and e-commerce platforms. The company's key revenue streams include direct sales to consumers, which make up the bulk of its income. It also leverages strategic partnerships and collaborations with various suppliers and manufacturers to offer a diverse range of products. Additionally, the company benefits from its strong brand presence and customer loyalty programs, which contribute to repeat business and sustained revenue growth.

International Housewares Retail Co Financial Statement Overview

Summary

International Housewares Retail Co exhibits a mixed financial performance. The balance sheet is strong with a stable equity base and manageable debt levels. However, the company faces challenges with declining revenues and profitability margins, indicating pressure on net income and operating efficiency.

Income Statement

The company has experienced fluctuations in revenue, with a decline in the latest fiscal year. The gross profit margin is relatively stable, but the net profit margin has decreased, indicating pressure on net income. EBIT and EBITDA margins have also contracted, suggesting a reduction in operating efficiency.

Balance Sheet

The balance sheet shows a stable equity base with a manageable debt-to-equity ratio. The company maintains a strong equity ratio, indicating a solid financial foundation. However, the return on equity has been declining, reflecting challenges in generating returns from shareholders' equity.

Cash Flow

Cash flow analysis reveals a robust operating cash flow to net income ratio, indicating effective cash generation from operations. Free cash flow remains positive, though there is a declining trend in free cash flow growth, which could signal potential future cash flow constraints.

Breakdown	TTM	Jun 2024	Jun 2023	Jun 2022	Jun 2021	Jun 2020
Income Statement
Total Revenue	2.64B	2.69B	2.83B	2.92B	2.69B	2.54B
Gross Profit	1.24B	1.26B	1.28B	986.74M	1.18B	1.15B
EBITDA	331.25M	529.91M	592.86M	657.60M	691.97M	595.70M
Net Income	83.27M	101.07M	181.57M	220.82M	254.92M	150.93M
Balance Sheet
Total Assets	1.67B	1.74B	1.78B	1.74B	1.74B	1.54B
Cash, Cash Equivalents and Short-Term Investments	400.81M	338.50M	402.31M	416.92M	428.85M	363.13M
Total Debt	524.03M	581.69M	595.73M	536.77M	552.97M	524.18M
Total Liabilities	784.13M	848.47M	873.03M	843.90M	844.32M	771.30M
Stockholders Equity	883.81M	889.36M	896.96M	888.70M	886.48M	765.36M
Cash Flow
Free Cash Flow	436.07M	402.12M	502.93M	564.08M	542.21M	502.22M
Operating Cash Flow	464.70M	466.69M	533.28M	593.10M	626.25M	537.47M
Investing Cash Flow	-32.83M	-56.03M	-28.68M	-51.94M	-80.42M	-37.80M
Financing Cash Flow	-445.93M	-474.43M	-520.34M	-551.57M	-481.97M	-505.88M

International Housewares Retail Co Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 0.92
• 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:1373, the sentiment is Negative. The current price of 0.92 is below the 20-day moving average (MA) of 0.93, below the 50-day MA of 0.93, and below the 200-day MA of 0.99, indicating a bearish trend. The MACD of >-0.01 indicates Positive momentum. The RSI at 46.07 is Neutral, neither overbought nor oversold. The STOCH value of 50.00 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for HK:1373.

International Housewares Retail Co Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
1373	70 Outperform	HK$658.11M	7.92	9.47%	4.35%	-4.58%	-31.73%
1418	69 Neutral	HK$498.75M	3.61	14.54%	9.12%	13.36%	120.39%
0229	67 Neutral	HK$421.11M	9.31	6.70%	19.05%	-21.06%	-33.38%
Sector *	65 Neutral	$27.33B	15.36	-4.01%	3.14%	1.00%	1.98%
2222	46 Neutral	HK$375.38M	1.33	-3.70%	―	-0.07%	-148.33%
1198	42 Neutral	HK$779.57M	―		3.85%	―	―
0776	38 Underperform	HK$343.38M	―		―	-29.01%	67.40%

International Housewares Retail Co Corporate Events

International Housewares Retail Announces Share Repurchase

International Housewares Retail Company Limited announced a voluntary repurchase of 120,000 of its ordinary shares at an average price of HK$0.9444 per share, totaling HK$113,328.00. This move, representing approximately 0.01662% of the company’s issued shares, reflects the Board’s belief that the company’s shares are undervalued. The repurchased shares will be cancelled, and the company aims to maintain a solid financial position while continuing its business operations.

International Housewares Retail Co Announces Share Repurchase

International Housewares Retail Company Limited announced a voluntary repurchase of 150,000 ordinary shares at an average price of HK$0.958 per share, totaling HK$143,700. This move, representing about 0.02077% of the company’s issued shares, reflects the Board’s belief that the company’s shares are undervalued and demonstrates confidence in maintaining a strong financial position while continuing business operations.

International Housewares Retail Announces Share Repurchase

International Housewares Retail Company Limited has announced a voluntary repurchase of 150,000 ordinary shares, representing approximately 0.02077% of its total issued shares, at an average price of HK$0.9563 per share. The Board believes the company’s shares are undervalued and asserts that the repurchase will not affect its financial stability, indicating confidence in its ongoing business operations.

International Housewares Retail Announces Share Repurchase

International Housewares Retail Company Limited announced a voluntary repurchase of 150,000 ordinary shares at an average price of HK$0.9644 per share, totaling HK$144,660. This repurchase represents approximately 0.02077% of the company’s total issued shares. The board believes the company’s shares are undervalued and that its financial resources are sufficient to conduct the repurchase while maintaining a solid financial position.

International Housewares Retail Announces Share Repurchase

International Housewares Retail Company Limited announced a voluntary repurchase of 150,000 ordinary shares at an average price of HK$0.9590 per share, totaling HK$143,850. This repurchase represents approximately 0.02077% of the company’s total issued shares. The board believes the company’s shares are undervalued and that its financial resources are sufficient to support the repurchase while maintaining a strong financial position.

International Housewares Retail Announces Share Repurchase

International Housewares Retail Company Limited announced a voluntary repurchase of 150,000 of its ordinary shares at an average price of HK$0.9577 per share, totaling HK$143,650. This repurchase represents approximately 0.02077% of the company’s issued shares and is part of a strategy to address the undervaluation of its stock. The board believes that the company’s current financial resources are sufficient to support this repurchase while maintaining a strong financial position, indicating confidence in the company’s ongoing operations.