Town Ray Holdings Limited (HK:1692)
:1692
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Town Ray Holdings Limited
(1692)
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Rating:69Neutral
Price Target:
HK$1.50
▼(-15.25% Downside)
Action:ReiteratedDate:04/23/26
The score is driven primarily by solid financial strength (low leverage) and improved 2025 cash generation, plus attractive valuation (low P/E and very high dividend yield). These positives are tempered by weakening profitability/margin compression and a clearly bearish technical setup with the price below key moving averages and negative MACD.
Positive Factors
Low leverage / improving balance sheet
A low and falling debt-to-equity ratio provides durable financial flexibility: it supports capital allocation for capex, dividends, or opportunistic M&A and improves resilience through downturns. That structural conservatism reduces refinancing risk and preserves strategic optionality.
Negative Factors
Margin compression
Material margin erosion weakens intrinsic earnings power and indicates persistent pricing or cost-pressure in the business model. Lower gross and net margins reduce cash available for reinvestment and dividends, and signal structural margin vulnerability in a competitive consumer electronics market.
Read all positive and negative factors
Positive Factors
Negative Factors
Low leverage / improving balance sheet
A low and falling debt-to-equity ratio provides durable financial flexibility: it supports capital allocation for capex, dividends, or opportunistic M&A and improves resilience through downturns. That structural conservatism reduces refinancing risk and preserves strategic optionality.
Read all positive factors
Town Ray Holdings Limited (1692) vs. iShares MSCI Hong Kong ETF (EWH)
Market Cap
HK$560.04M
Dividend Yield12.91%
Average Volume (3M)33.20K
Price to Earnings (P/E)10.2
Beta (1Y)0.26
Revenue Growth-4.40%
EPS Growth-41.86%
CountryHK
Employees1,075
SectorTechnology
Sector Strength88
IndustryConsumer Electronics
Share Statistics
EPS (TTM)0.09
Shares Outstanding359,000,000
10 Day Avg. Volume23,400
30 Day Avg. Volume33,200
Financial Highlights & Ratios
PEG Ratio-0.23
Price to Book (P/B)1.87
Price to Sales (P/S)0.94
P/FCF Ratio4.66
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
Town Ray Holdings Limited Business Overview & Revenue Model
Company Description
Town Ray Holdings Limited, together with its subsidiaries, manufactures and sells electrothermic household appliances in Europe, Asia, the United States, and internationally. It offers garment care appliances, such as steam generator irons, garmen...
Town Ray Holdings Limited Financial Statement Overview
Summary
Income Statement
74
Positive
Balance Sheet
82
Very Positive
Cash Flow
70
Positive
| Breakdown | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 672.64M | 703.59M | 704.42M | 823.66M | 763.09M |
| Gross Profit | 169.56M | 231.75M | 245.38M | 256.07M | 217.16M |
| EBITDA | 102.84M | 163.77M | 163.63M | 192.92M | 148.03M |
| Net Income | 62.58M | 107.61M | 122.21M | 134.31M | 106.50M |
Balance Sheet | |||||
| Total Assets | 517.31M | 554.46M | 477.35M | 581.85M | 608.48M |
| Cash, Cash Equivalents and Short-Term Investments | 103.73M | 75.89M | 187.97M | 149.01M | 145.01M |
| Total Debt | 59.36M | 87.73M | 33.89M | 60.44M | 115.32M |
| Total Liabilities | 177.79M | 199.41M | 132.67M | 231.92M | 276.29M |
| Stockholders Equity | 339.52M | 355.04M | 344.68M | 349.93M | 332.19M |
Cash Flow | |||||
| Free Cash Flow | 136.49M | -22.14M | 183.13M | 145.16M | -22.34M |
| Operating Cash Flow | 157.98M | 23.11M | 196.70M | 254.50M | 17.27M |
| Investing Cash Flow | -21.13M | -43.43M | -5.41M | -94.19M | -37.34M |
| Financing Cash Flow | -112.29M | -91.20M | -152.00M | -157.15M | -59.85M |
Town Ray Holdings Limited Technical Analysis
Negative
1.77
Price Trends
1.70
Negative
1.74
Negative
1.82
Negative
Market Momentum
-0.02
Positive
31.48
Neutral
69.82
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For HK:1692, the sentiment is Negative. The current price of 1.77 is above the 20-day moving average (MA) of 1.64, above the 50-day MA of 1.70, and below the 200-day MA of 1.82, indicating a bearish trend. The MACD of -0.02 indicates Positive momentum. The RSI at 31.48 is Neutral, neither overbought nor oversold. The STOCH value of 69.82 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for HK:1692.
Town Ray Holdings Limited Peers Comparison
UnderperformOutperform
Sector (61)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
69 Neutral | HK$560.04M | 10.15 | 14.20% | 12.91% | -4.40% | -41.86% | |
62 Neutral | HK$2.56B | 38.27 | 19.27% | 0.50% | 1.72% | 180.88% | |
61 Neutral | $37.18B | 12.37 | -10.20% | 1.83% | 8.50% | -7.62% | |
54 Neutral | HK$270.83M | -22.59 | -11.38% | 8.70% | -16.95% | -461.16% | |
50 Neutral | HK$588.54M | -3.68 | -4.86% | 4.61% | -5.05% | 80.29% | |
50 Neutral | HK$3.02B | 18.36 | 50.15% | ― | ― | ― | |
50 Neutral | HK$1.20B | 18.28 | 8.93% | ― | 49.51% | 135.82% |
* Technology Sector Average
HK:1692
Town Ray Holdings Limited
1.56
-0.72
-31.58%
HK:0099
Wong's International Holdings
1.56
0.50
47.17%
HK:0167
IDT International Limited
6.05
3.90
181.40%
HK:0927
Fujikon Industrial Holdings Limited
0.53
<0.01
1.15%
HK:1401
Sprocomm Intelligence Limited
0.79
-0.41
-34.17%
HK:1747
Home Control International Limited
4.56
3.81
508.00%
Town Ray Holdings Limited Corporate Events
Town Ray Sets AGM to Approve 2025 Results, Dividend and Board Changes
Apr 20, 2026
Town Ray Holdings Limited has called its annual general meeting for 27 May 2026 in Hong Kong, where shareholders will review the audited consolidated financial statements and directors’ and auditor’s reports for the year ended 31 Decem...
Town Ray Plans Governance Rule Changes to Enable Electronic Meetings
Apr 20, 2026
Town Ray Holdings Limited plans to update its memorandum and articles of association to align with the latest legal and regulatory requirements under Hong Kong’s listing regime. The proposed changes follow amendments to the Listing Rules tha...
Town Ray Proposes Elevation of Senior Managers to Executive Board Roles
Apr 14, 2026
Town Ray Holdings has proposed the appointment of three long-serving senior managers as executive directors, subject to shareholder approval at its 27 May 2026 annual general meeting. Research and development director Lee Pak Man, accounting direc...
Town Ray Holdings Declares Final Dividend for 2025 Financial Year
Mar 23, 2026
Town Ray Holdings Limited has declared a final ordinary cash dividend of HKD 0.075 per share for the financial year ended 31 December 2025, subject to shareholder approval at a meeting scheduled for 27 May 2026. The dividend will be paid in Hong K...
Town Ray Profit Slumps on Margin Pressure but Dividend Maintained
Mar 23, 2026
Town Ray Holdings Limited reported a decline in performance for the year ended 31 December 2025, as revenue fell 4.4% to HK$672.6 million and gross profit dropped 22.7% to HK$179.2 million. The company’s profitability was further pressured b...
Town Ray flags 37–47% profit drop on rising costs and price pressure
Feb 20, 2026
Town Ray Holdings Limited has warned that net profit attributable to shareholders for the year ended 31 December 2025 is expected to fall to between HK$57 million and HK$68 million, down from about HK$107.6 million a year earlier. The decline, rep...
Town Ray Sets March Board Meeting to Approve 2025 Results and Consider Dividend
Feb 13, 2026
Town Ray Holdings has scheduled a board meeting for 23 March 2026 to review and approve its consolidated annual results for the year ended 31 December 2025. The board will also consider the declaration of a final dividend, a decision that could af...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.