Morris Home Holdings Limited (1575) AI Stock Analysis

• Market Cap: HK$190.23M
• Dividend Yield: N/A
• Average Volume (3M): 338.40K
• Price to Earnings (P/E): ―
• Beta (1Y): 0.06
• Revenue Growth: -37.59%
• EPS Growth: -244.66%
• Country: HK
• Employees: 220
• Sector: Consumer Cyclical
• Sector Strength: 57
• Industry: Furnishings, Fixtures & Appliances
• EPS (TTM): -0.04
• Shares Outstanding: 3,300,000,000
• 10 Day Avg. Volume: 176,800
• 30 Day Avg. Volume: 338,400
• PEG Ratio: -0.25
• Price to Book (P/B): -0.74
• Price to Sales (P/S): 0.00
• P/FCF Ratio: -10.37
• 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: 23 Underperform
• Price Target: ―

The overall stock score of Morris Home Holdings Limited is significantly impacted by its deteriorating financial performance, including persistent losses and high leverage. Technical analysis confirms a bearish trend, further lowering investor confidence. The valuation metrics, including a negative P/E ratio and lack of dividends, add to the negative outlook. Collectively, these factors result in a low overall stock score, indicating substantial risk for investors.

Morris Home Holdings Limited Business Overview & Revenue Model

Company Description

Morris Home Holdings Limited is a company engaged in the design, manufacture, and sale of a wide range of home furniture products. The company operates primarily in the home furnishings sector, offering a diverse portfolio that includes upholstered furniture, wooden furniture, and mattresses. Morris Home Holdings positions itself as a provider of high-quality, stylish home furniture solutions catering to various customer preferences and needs.

How the Company Makes Money

Morris Home Holdings Limited generates revenue primarily through the sale of its home furniture products. The company's key revenue streams include direct sales to consumers and wholesale distribution to retailers. Morris Home Holdings leverages its manufacturing capabilities to produce a broad range of furniture items, which are then marketed and sold through various channels such as storefronts, online platforms, and partnerships with retail chains. Additionally, the company may engage in strategic partnerships or collaborations that enhance its market reach and distribution network, contributing to its overall earnings.

Morris Home Holdings Limited Financial Statement Overview

Summary

Morris Home Holdings Limited is facing severe financial difficulties, characterized by declining revenues, persistent losses, high leverage, and poor cash flow management. These factors collectively indicate significant financial instability and potential risk to stakeholders.

Income Statement

The income statement reveals significant challenges, with consistent net losses over the years, and a negative revenue growth trend. The gross profit margin has drastically declined, and EBIT and EBITDA margins are negative, indicating operational inefficiencies and declining profitability.

Balance Sheet

The balance sheet is concerning, with negative stockholders' equity reflecting financial distress. There is also a high debt-to-equity ratio, signifying high leverage and potential liquidity risks. The equity ratio is negative, indicating that liabilities exceed assets.

Cash Flow

The cash flow statement shows erratic and negative free cash flow trends, with operating cash flow unable to cover net income losses. This suggests potential cash management issues and challenges in generating sustainable cash flow from operations.

Breakdown
TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement		Total Revenue
173.81M	119.51M	187.97M	132.01M	502.93M	606.36M
	Gross Profit
64.15M	27.85M	69.46M	2.00M	99.66M	58.77M
	EBIT
-93.99M	-111.72M	-76.78M	-212.11M	-108.42M	-108.98M
	EBITDA
-99.71M	-119.48M	17.89M	-197.81M	-86.11M	-69.09M
	Net Income Common Stockholders
-103.24M	-87.66M	-24.73M	-202.59M	-123.40M	-90.73M
Balance Sheet		Cash, Cash Equivalents and Short-Term Investments
82.36M	4.00M	14.96M	7.59M	13.48M	35.97M
	Total Assets
834.62M	197.35M	283.98M	366.90M	374.88M	676.85M
	Total Debt
448.09M	311.00M	241.30M	177.25M	159.59M	217.98M
	Net Debt
393.83M	307.00M	236.55M	169.66M	146.11M	182.01M
	Total Liabilities
808.02M	432.07M	436.51M	498.36M	426.05M	600.11M
	Stockholders Equity
27.43M	-233.79M	-146.25M	-127.02M	-49.54M	76.57M
Cash Flow		Free Cash Flow
-3.26M	0.00	-19.51M	-154.14M	74.39M	-114.54M
	Operating Cash Flow
-1.01M	0.00	-15.51M	-141.55M	76.91M	-46.50M
	Investing Cash Flow
-9.83M	0.00	-15.26M	7.90M	-1.10M	185.99M
	Financing Cash Flow
6.20M	0.00	19.02M	122.79M	-96.66M	-173.28M

Morris Home Holdings Limited Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 0.06
• 50DMA: Positive
• 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:1575, the sentiment is Negative. The current price of 0.06 is below the 20-day moving average (MA) of 0.06, above the 50-day MA of 0.06, and below the 200-day MA of 0.07, indicating a neutral trend. The MACD of <0.01 indicates Positive momentum. The RSI at 51.26 is Neutral, neither overbought nor oversold. The STOCH value of 24.96 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for HK:1575.

Morris Home Holdings Limited Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
2313	75 Outperform	$83.43B	12.33	18.17%	9.01%	12.76%	34.50%
2318	72 Outperform	$999.15B	6.99		7.23%	11.71%	37.04%
1999	70 Outperform	$16.21B	7.86	16.66%	7.18%	4.58%	18.73%
1109	70 Neutral	$192.89B	6.96	9.66%	10.10%	9.97%	-19.80%
2382	65 Neutral	HK$71.44B	24.31	11.45%	0.83%	18.80%	142.93%
Sector *	63 Neutral	$6.94B	11.34	2.80%	4.26%	2.68%	-24.70%
1575	23 Underperform	HK$190.23M	―		―	-37.59%	-244.66%

Morris Home Holdings Limited Corporate Events

Regal Partners Holdings Enhances Internal Controls Following Disciplinary Action

Regal Partners Holdings Limited, a company incorporated in the Cayman Islands, has been subject to disciplinary action by the Hong Kong Stock Exchange due to breaches related to a guarantee provided by its subsidiary, Zhejiang Morris Fashion Home Co., Ltd. In response, the company has engaged APAC Compliance Consultancy and Internal Control Services Limited to conduct an independent review of its internal controls to ensure compliance with corporate governance standards and listing rules. The review identified gaps and exceptions in the company’s risk management and governance processes, with recommendations provided to address these issues.

Regal Partners Clarifies Clerical Errors in Annual Results Announcement

Regal Partners Holdings Limited has issued a clarification regarding clerical errors in the Chinese version of their annual results announcement for the year ending December 31, 2024. The errors pertain to specific numerical data and a date in the financial statements, which have been corrected in this announcement. The English version of the announcement remains accurate, and no other changes have been made to the previously released information.

Regal Partners Holdings Reports Significant Financial Decline in 2024

Regal Partners Holdings Limited, formerly known as Morris Home Holdings Limited, reported a significant decline in its financial performance for the year ended December 31, 2024. The company’s revenue decreased by 36.4% to RMB119.5 million, and it recorded a gross profit of RMB27.9 million. The loss for the year increased by 239.5% to RMB88.6 million, with a basic loss per share of RMB3.28 cents. The board did not recommend a final dividend for the year. These results reflect challenges in the company’s operations, impacting its market position and financial stability.

Regal Partners Completes Share Placement to Fund Southeast Asia Expansion

Regal Partners Holdings Limited, a company incorporated in the Cayman Islands, has successfully completed the placement of 550,000,000 new shares under a general mandate. This issuance, representing approximately 16.67% of the company’s enlarged share capital, raised net proceeds of approximately HK$27,801,000. The funds will primarily be used to expand the company’s factory operations in Southeast Asia and for general working capital. The share placement did not result in any of the placees becoming substantial shareholders.