Major Holdings Ltd. (1389) AI Stock Analysis

• Market Cap: HK$221.73M
• Dividend Yield: N/A
• Average Volume (3M): 109.20K
• Price to Earnings (P/E): ―
• Beta (1Y): -0.30
• Revenue Growth: -7.95%
• EPS Growth: 24.69%
• Country: HK
• Employees: 15
• Sector: Real Estate
• Sector Strength: 59
• Industry: Beverages - Wineries & Distilleries
• EPS (TTM): -0.01
• Shares Outstanding: 554,333,300
• 10 Day Avg. Volume: 169,920
• 30 Day Avg. Volume: 109,200
• PEG Ratio: N/A
• Price to Book (P/B): 0.00
• Price to Sales (P/S): 0.00
• P/FCF Ratio: 0.00
• 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: 48 Neutral
• Price Target: HK$0.50 ▲(25.00% Upside)

The overall stock score for Major Holdings Ltd. is primarily affected by its weak financial performance and poor valuation metrics. While technical analysis shows some bullish momentum, the high RSI indicates potential overvaluation. The absence of earnings call insights and corporate events limits the analysis to available financial and market data.

Major Holdings Ltd. Business Overview & Revenue Model

Company Description

Major Holdings Limited, an investment holding company, engages in the sale and distribution of premium wine and spirits in Hong Kong. The company offers red wine, white wine, sparkling wine, sake, wine accessory products, and other products. It also trades in wine, as well as provides wine storage and consignment services. It offers products through its retail shops; and through a network of distributors, retail organizations, five-star hotels, and private clubs. Major Holdings Limited was founded in 2007 and is headquartered in Tsim Sha Tsui, Hong Kong.

How the Company Makes Money

Major Holdings Ltd. generates revenue through multiple streams, primarily from rental income derived from its diverse portfolio of properties, including residential units, commercial spaces, and retail outlets. Additionally, the company earns profits through property sales and development projects, where it capitalizes on market demand for new real estate. Significant partnerships with local real estate firms and contractors enhance its development capabilities and market reach. The company also engages in asset management services, providing consultancy and management for third-party properties, which contributes to its overall revenue. Overall, Major Holdings' revenue model relies heavily on its strategic real estate investments and the optimization of its asset management services.

Major Holdings Ltd. Financial Statement Overview

Summary

Major Holdings Ltd. faces significant revenue and profitability challenges with negative margins and declining revenue. The balance sheet is relatively stable with low leverage, but negative cash flow trends and inability to generate positive free cash flow are concerning.

Income Statement

The company has experienced declining revenue and profitability over the past five years. Gross profit and net profit margins are negative, indicating significant cost challenges. Revenue growth has been negative, exacerbating the profitability issues. The EBIT and EBITDA margins are also negative, reflecting operational inefficiencies.

Balance Sheet

Despite the negative income statement metrics, the company maintains a relatively stable balance sheet with a low debt-to-equity ratio, suggesting low leverage risk. The equity ratio is high, indicating strong equity financing. However, the return on equity is negative due to the consistent net losses.

Cash Flow

Cash flow from operations has been inconsistent, with recent negative performance. The free cash flow is negative, and the growth rate shows a downward trajectory. The operating cash flow to net income and free cash flow to net income ratios indicate challenges in converting income into cash.

Breakdown	Mar 2025	Mar 2024	Mar 2023	Mar 2022	Mar 2021
Income Statement
Total Revenue	58.02M	63.04M	74.44M	107.79M	114.59M
Gross Profit	-8.88M	5.47M	7.87M	13.84M	17.36M
EBITDA	-10.84M	-10.05M	-11.06M	2.15M	5.09M
Net Income	-13.36M	-15.68M	-16.59M	-8.71M	-5.04M
Balance Sheet
Total Assets	117.84M	135.95M	132.36M	173.35M	174.65M
Cash, Cash Equivalents and Short-Term Investments	11.52M	26.45M	5.93M	7.18M	6.90M
Total Debt	1.23M	4.79M	12.13M	23.65M	19.73M
Total Liabilities	8.22M	12.98M	22.55M	46.94M	39.53M
Stockholders Equity	109.61M	122.97M	109.81M	126.41M	135.12M
Cash Flow
Free Cash Flow	-13.02M	1.13M	17.81M	-3.52M	19.76M
Operating Cash Flow	-12.52M	1.29M	20.17M	-3.48M	20.12M
Investing Cash Flow	-330.00K	-108.00K	3.72M	17.00K	7.52M
Financing Cash Flow	-2.08M	19.34M	-25.14M	3.75M	-26.46M

Major Holdings Ltd. Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 0.40
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Negative
• STOCH: Negative

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For HK:1389, the sentiment is Positive. The current price of 0.4 is above the 20-day moving average (MA) of 0.33, above the 50-day MA of 0.33, and above the 200-day MA of 0.30, indicating a bullish trend. The MACD of 0.02 indicates Negative momentum. The RSI at 76.12 is Negative, neither overbought nor oversold. The STOCH value of 81.90 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for HK:1389.

Major Holdings Ltd. Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
8509	72 Outperform	HK$268.00M	6.84	12.59%	―	72.70%	27.44%
0828	63 Neutral	HK$415.48M	12.45	11.24%	1.17%	3.26%	46.30%
Sector *	63 Neutral	$6.82B	13.55	-1.43%	7.27%	4.64%	-34.02%
8146	50 Neutral	HK$102.48M	115.29	-16.65%	―	-48.00%	-494.33%
1389	48 Neutral	HK$221.73M	―	-11.48%	―	-7.95%	24.69%
8057	41 Neutral	HK$54.84M	―		―	4.42%	6.15%

Major Holdings Ltd. Corporate Events

Major Holdings Ltd. Announces 2025 AGM with Key Resolutions

Major Holdings Ltd. has announced its Annual General Meeting scheduled for August 8, 2025, in Hong Kong. Key agenda items include the adoption of financial statements, re-election of directors, and re-appointment of auditors. The meeting will also consider resolutions related to the issuance and allotment of shares, with specific limits on the number of shares to be issued. These decisions could influence the company’s financial strategies and shareholder value.

Major Holdings Ltd. Reports Annual Financial Results for 2025

Major Holdings Ltd. reported a decline in revenue by 7.9% for the fiscal year ending March 31, 2025, with figures dropping from HK$63.0 million to HK$58.0 million. Despite the revenue decrease, the company managed to reduce its loss and total comprehensive expense from HK$15.7 million to HK$13.4 million. Basic loss per share also improved from HK3.96 cents to HK2.41 cents. The board has decided not to recommend a final dividend for the year.

Major Holdings Ltd. Provides Additional Details on Share Option Scheme

Major Holdings Limited, a company incorporated in the Cayman Islands, announced additional details regarding its Share Option Scheme in its annual report for the year ended 31 March 2024. The company revealed that 33,260,000 options were available for grant at both the beginning and end of the financial year, representing 6.0% of the total issued shares. The vesting period for these options is set to be at least twelve months, with a nominal acceptance fee required. This announcement does not alter any other information in the annual report, maintaining the report’s integrity.

Major Holdings Ltd. Schedules Board Meeting for Annual Results and Dividend Consideration

Major Holdings Limited has announced that its board of directors will hold a meeting on June 13, 2025, to discuss and approve the audited annual results for the fiscal year ending March 31, 2025. The meeting will also consider the recommendation of a final dividend payment, which could impact shareholder returns and market perception of the company’s financial health.