International Housewares Retail Co (1373) AI Stock Analysis

• Market Cap: HK$512.13M
• Dividend Yield: 7.24%
• Average Volume (3M): 478.23K
• Price to Earnings (P/E): 12.2
• Beta (1Y): 0.36
• Revenue Growth: -6.53%
• EPS Growth: -49.31%
• Country: HK
• Employees: 2,070
• Sector: Consumer Cyclical
• Sector Strength: 84
• Industry: Furnishings, Fixtures & Appliances
• EPS (TTM): 0.02
• Shares Outstanding: 717,153,000
• 10 Day Avg. Volume: 519,839
• 30 Day Avg. Volume: 478,231
• PEG Ratio: -0.27
• Price to Book (P/B): 0.79
• Price to Sales (P/S): 0.27
• P/FCF Ratio: 1.91
• 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: Hold
• Number of Analyst Covering: 0
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 60 Neutral
• Price Target: HK$1.00 ▲(38.89% Upside)

The overall stock score is primarily influenced by financial performance challenges, including declining revenue and profitability margins. Technical analysis indicates bearish momentum, which further impacts the score negatively. However, the stock's valuation is reasonable, with an attractive dividend yield, providing some support to the overall score.

Positive Factors

Leverage Management

Improved leverage management enhances financial stability and reduces risk, providing a stronger foundation for future growth and investment.

E-commerce Expansion

Expanding e-commerce presence allows the company to reach a wider customer base, enhancing revenue potential and adapting to changing consumer preferences.

Product Diversification

Diverse product offerings reduce dependency on any single product line, providing resilience against market fluctuations and supporting long-term stability.

Negative Factors

Declining Revenue

Consistent revenue decline indicates challenges in market competitiveness and demand, potentially impacting long-term profitability and growth prospects.

Profitability Margins

Decreasing profit margins suggest reduced operational efficiency, which can hinder the company's ability to invest in growth and innovation.

Cash Flow Constraints

Negative cash flow growth limits the company's ability to fund operations and strategic initiatives, posing risks to financial health and sustainability.

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 its wide array of houseware products in retail locations and online platforms. The company benefits from multiple revenue streams, including direct sales from its own branded products, partnerships with third-party brands, and exclusive product lines. Key revenue drivers include seasonal promotions, loyalty programs, and strategic collaborations with home improvement and lifestyle brands, enhancing customer reach and driving sales. Additionally, the company leverages e-commerce platforms to capture a broader audience, contributing significantly to its overall earnings.

International Housewares Retail Co Financial Statement Overview

Summary

International Housewares Retail Co faces challenges with declining revenue and profitability margins. While leverage is managed well, profitability and cash flow generation need improvement. The company should focus on enhancing operational efficiency and cash flow management to improve its financial health.

Income Statement

The company has experienced declining revenue growth over the past few years, with a negative growth rate in the latest period. Gross profit margins have been relatively stable, but net profit margins have decreased significantly. The EBIT and EBITDA margins have also declined, indicating reduced operational efficiency.

Balance Sheet

The debt-to-equity ratio has improved slightly, indicating better leverage management. However, the return on equity has decreased, reflecting reduced profitability. The equity ratio remains stable, suggesting a balanced asset structure.

Cash Flow

Free cash flow growth has been negative, indicating challenges in generating cash. The operating cash flow to net income ratio is healthy, but the free cash flow to net income ratio has decreased, suggesting potential cash flow constraints.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	2.54B	2.54B	2.69B	2.83B	2.92B	2.69B
Gross Profit	1.17B	1.17B	1.26B	1.28B	986.74M	1.18B
EBITDA	261.70M	434.29M	529.91M	592.86M	657.60M	691.97M
Net Income	47.73M	47.73M	101.07M	181.57M	220.82M	254.92M
Balance Sheet
Total Assets	1.50B	1.50B	1.74B	1.78B	1.74B	1.74B
Cash, Cash Equivalents and Short-Term Investments	284.56M	284.56M	338.50M	402.31M	416.92M	428.85M
Total Debt	432.79M	432.79M	581.69M	595.73M	536.77M	552.97M
Total Liabilities	632.79M	632.79M	848.47M	873.03M	843.90M	844.32M
Stockholders Equity	865.45M	865.45M	889.36M	896.96M	888.70M	886.48M
Cash Flow
Free Cash Flow	368.50M	357.13M	402.12M	502.93M	564.08M	542.21M
Operating Cash Flow	387.38M	385.74M	466.69M	533.28M	593.10M	626.25M
Investing Cash Flow	-22.54M	-22.54M	-56.03M	-28.68M	-51.94M	-80.42M
Financing Cash Flow	-418.32M	-418.32M	-474.43M	-520.34M	-551.57M	-481.97M

International Housewares Retail Co Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 0.72
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Negative
• 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 0.72 is above the 20-day moving average (MA) of 0.72, below the 50-day MA of 0.73, and below the 200-day MA of 0.81, indicating a neutral trend. The MACD of >-0.01 indicates Negative momentum. The RSI at 47.24 is Neutral, neither overbought nor oversold. The STOCH value of 20.63 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
1418	73 Outperform	HK$411.25M	4.00	10.72%	7.76%	-1.05%	-2.97%
0229	69 Neutral	HK$466.23M	9.16	7.53%	12.90%	-12.47%	-26.29%
Sector *	61 Neutral	$18.38B	12.79	-2.54%	3.03%	1.52%	-15.83%
1373	60 Neutral	HK$512.13M	12.22	4.79%	7.24%	-6.53%	-49.31%
2222	48 Neutral	HK$329.73M	-4.28	-2.05%	―	-4.69%	-123.25%
0776	40 Neutral	HK$541.95M	-11.32	―	―	-15.28%	71.04%
1198	39 Underperform	HK$324.82M	-0.63	-36.67%	―	―	―

International Housewares Retail Co Corporate Events

International Housewares Retail Declares Interim Dividend of HKD 0.03 Per Share

International Housewares Retail Company Limited has declared an interim ordinary dividend of HKD 0.03 per share for the six months ended 31 October 2025, for the financial year ending 30 April 2026, underscoring its continued commitment to returning cash to shareholders. The shares will trade ex-dividend on 5 January 2026, with the record date set for 9 January 2026 and payment scheduled for 4 February 2026, providing investors with clear timelines on entitlement and reinforcing the company’s shareholder-focused capital distribution policy.

The most recent analyst rating on (HK:1373) stock is a Hold with a HK$1.00 price target. To see the full list of analyst forecasts on International Housewares Retail Co stock, see the HK:1373 Stock Forecast page.

International Housewares Retail Posts Lower Interim Profit but Maintains Strong Cash and Dividend

International Housewares Retail reported unaudited interim revenue of HK$1.20 billion for the six months ended 31 October 2025, down 5.8% year on year, with profit attributable to shareholders falling 16.6% to HK$27.5 million amid intensified competition from mainland e-commerce players, aggressive promotions by offline rivals and weaker domestic consumption. Despite the earnings decline, the group highlighted its solid balance sheet, with cash and cash equivalents rising to HK$324.4 million and a net cash position, maintained a current ratio of 1.8 and low gearing, and declared an interim dividend of HK3.0 cents per share, while continuing to cut staff costs by 9.3% through workforce optimization and automation to protect margins in a challenging retail and labour-cost environment.

The most recent analyst rating on (HK:1373) stock is a Hold with a HK$1.00 price target. To see the full list of analyst forecasts on International Housewares Retail Co stock, see the HK:1373 Stock Forecast page.

International Housewares Retail Co. Schedules Board Meeting for Interim Results

International Housewares Retail Company Limited has announced a board meeting scheduled for December 19, 2025, to consider and approve the interim results for the six months ending October 31, 2025, and discuss the potential payment of an interim dividend. This meeting is significant as it will provide insights into the company’s financial performance and potential shareholder returns, impacting its market positioning and stakeholder interests.

The most recent analyst rating on (HK:1373) stock is a Hold with a HK$1.00 price target. To see the full list of analyst forecasts on International Housewares Retail Co stock, see the HK:1373 Stock Forecast page.

International Housewares Retail Co Enhances Governance Framework with New Secretary Appointment

International Housewares Retail Company Limited has announced enhancements to its governance framework by appointing Mr. Cheung Chi Wai as the new company secretary, effective November 26, 2025. This strategic move aims to strengthen governance and compliance by integrating Mr. Cheung’s internal knowledge and operational experience with the external expertise of Mr. Ng Tung Ching Raphael, who will continue as an external professional advisor. The Board believes this realignment will enhance the company’s governance framework and overall effectiveness, benefiting stakeholders by addressing time-sensitive matters more efficiently.

The most recent analyst rating on (HK:1373) stock is a Hold with a HK$1.00 price target. To see the full list of analyst forecasts on International Housewares Retail Co stock, see the HK:1373 Stock Forecast page.

International Housewares Retail Co. Grants Shares Under Award Scheme

International Housewares Retail Company Limited announced the grant of 428,000 awarded shares under its Share Award Scheme, which involves existing shares purchased from the open market. This grant, representing about 0.06% of the company’s issued share capital, will vest over two years and includes shares for an executive director, marking a connected transaction exempt from certain reporting requirements. The move aims to incentivize employees without diluting existing shareholders’ stakes, reflecting the company’s strategic focus on employee retention and motivation.

The most recent analyst rating on (HK:1373) stock is a Hold with a HK$1.00 price target. To see the full list of analyst forecasts on International Housewares Retail Co stock, see the HK:1373 Stock Forecast page.

International Housewares Retail Co. Announces Change in Company Secretary

International Housewares Retail Company Limited announced a change in its company secretary position, with Mr. Lee Chung Shing resigning and Mr. Ng Tung Ching Raphael being appointed as the new company secretary effective 30 September 2025. Mr. Ng brings over 15 years of experience in legal and company secretarial fields, enhancing the company’s governance capabilities. The Board expressed gratitude to Mr. Lee for his contributions and welcomed Mr. Ng, indicating a smooth transition that is expected to positively impact the company’s operations and governance.

The most recent analyst rating on (HK:1373) stock is a Hold with a HK$1.00 price target. To see the full list of analyst forecasts on International Housewares Retail Co stock, see the HK:1373 Stock Forecast page.