Town Ray Holdings Limited (1692) AI Stock Analysis

• Market Cap: HK$610.30M
• Dividend Yield: 13.28%
• Average Volume (3M): 33.20K
• Price to Earnings (P/E): 6.8
• Beta (1Y): 0.25
• Revenue Growth: 19.54%
• EPS Growth: 6.89%
• Country: HK
• Employees: 1,075
• Sector: Technology
• Sector Strength: 88
• Industry: Consumer Electronics
• EPS (TTM): 0.08
• Shares Outstanding: 359,000,000
• 10 Day Avg. Volume: 23,400
• 30 Day Avg. Volume: 33,200
• PEG Ratio: -0.77
• Price to Book (P/B): 2.76
• Price to Sales (P/S): 1.39
• P/FCF Ratio: -44.28
• 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

• Rating: 63 Neutral
• Price Target: HK$2.00 ▲(14.94% Upside)

The stock's overall score is driven by strong valuation metrics, with a low P/E ratio and high dividend yield indicating potential undervaluation. However, technical analysis shows bearish trends, and financial performance is mixed with declining revenue and cash flow concerns. The absence of earnings call and corporate events data limits further insights.

Town Ray Holdings Limited Business Overview & Revenue Model

Company Description

Town Ray Holdings Limited (1692) is a company primarily engaged in the design, manufacture, and sale of electrical household appliances. The company specializes in a range of products, including coffee makers, steam irons, and steam stations, catering to both domestic and international markets. Town Ray Holdings Limited is known for its commitment to quality and innovation, frequently updating its product offerings to meet changing consumer demands and technological advancements.

How the Company Makes Money

Town Ray Holdings Limited generates revenue through the production and sale of its electrical household appliances. The company's primary revenue streams include direct sales to retailers, distributors, and wholesalers, as well as partnerships with various brands that require OEM (Original Equipment Manufacturer) services. By leveraging its manufacturing capabilities and industry expertise, Town Ray Holdings Limited is able to maintain competitive pricing and establish long-term relationships with key clients. Additionally, the company may benefit from strategic partnerships and licensing agreements that expand its market reach and enhance its product portfolio.

Town Ray Holdings Limited Financial Statement Overview

Summary

The company shows strong profitability with healthy gross and net profit margins. However, the declining revenue and inconsistent cash flow conversion are concerning. The balance sheet is stable, but there is a need to monitor debt levels and equity closely.

Income Statement

The income statement reveals mixed performance. The gross profit margin is healthy, indicating efficient production processes. However, revenue has shown a decrease from 2022 to 2024, which could be a concern. Despite this, net profit margins are robust, suggesting good cost management. EBITDA and EBIT margins are solid, reflecting strong operational efficiency.

Balance Sheet

The balance sheet is relatively strong with a moderate debt-to-equity ratio, indicating a balanced approach to leveraging debt. The return on equity is adequate, showcasing decent returns for shareholders. However, the equity ratio has slightly declined over the years, which could suggest increasing liabilities or lower equity levels.

Cash Flow

Cash flow performance is varied. The free cash flow has fluctuated, showing growth in some years but not consistently. The operating cash flow to net income ratio is low, indicating challenges in converting income into cash. However, the company has managed to maintain positive free cash flow, which is a positive sign.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	565.31M	703.59M	704.42M	823.66M	763.09M	541.70M
Gross Profit	171.47M	231.75M	245.38M	256.07M	217.16M	180.55M
EBITDA	90.66M	163.77M	163.63M	182.47M	148.03M	132.33M
Net Income	74.11M	107.61M	122.21M	134.31M	106.50M	104.19M
Balance Sheet
Total Assets	557.57M	554.46M	477.35M	581.85M	608.48M	474.89M
Cash, Cash Equivalents and Short-Term Investments	79.11M	75.89M	187.97M	149.01M	145.01M	225.05M
Total Debt	66.27M	87.73M	33.89M	60.44M	115.32M	52.17M
Total Liabilities	227.44M	199.41M	132.67M	231.92M	276.29M	165.91M
Stockholders Equity	330.12M	355.04M	344.68M	349.93M	332.19M	308.98M
Cash Flow
Free Cash Flow	77.51M	-22.14M	183.13M	145.16M	-22.34M	97.57M
Operating Cash Flow	97.74M	23.11M	196.70M	254.50M	17.27M	117.35M
Investing Cash Flow	-16.36M	-43.43M	-5.41M	-94.19M	-37.34M	-18.63M
Financing Cash Flow	-161.12M	-91.20M	-152.00M	-157.15M	-59.85M	-124.22M

Town Ray Holdings Limited Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 1.74
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Negative
• RSI: Neutral
• STOCH: Positive

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 1.74 is below the 20-day moving average (MA) of 1.75, below the 50-day MA of 1.80, and below the 200-day MA of 2.17, indicating a bearish trend. The MACD of -0.03 indicates Negative momentum. The RSI at 36.84 is Neutral, neither overbought nor oversold. The STOCH value of 13.33 is Positive, 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

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
1692	―	HK$610.30M	6.85	26.70%	13.28%	19.54%	6.89%
Sector *	―	$37.18B	12.37	-10.20%	1.83%	8.50%	-7.62%
1747	―	HK$2.30B	68.07	15.73%	0.33%	11.29%	40.42%
0927	―	€293.83M	16.80	-6.99%	10.29%	-6.75%	-310.42%
1401	―	HK$960.00M	44.44	4.74%	―	-0.54%	-46.27%
0099	―	HK$622.03M	―	-16.40%	4.43%	0.48%	-86.42%
0167	―	HK$827.66M	―	―	―	―	―

Town Ray Holdings Limited Corporate Events

Town Ray Holdings Declares Interim Dividend

Town Ray Holdings Limited has announced an interim ordinary dividend of HKD 0.07 per share for the six months ending 30 June 2025. The ex-dividend date is set for 10 September 2025, with the payment date scheduled for 26 September 2025. This announcement reflects the company’s ongoing commitment to returning value to its shareholders.

The most recent analyst rating on (HK:1692) stock is a Hold with a HK$2.00 price target. To see the full list of analyst forecasts on Town Ray Holdings Limited stock, see the HK:1692 Stock Forecast page.

Town Ray Holdings Reports Revenue Growth Amidst Profit Decline

Town Ray Holdings Limited reported its interim financial results for the six months ending June 30, 2025, showing a revenue increase of 8.4% to HK$327.3 million compared to the same period in 2024. Despite this, the company experienced a decline in gross profit by 19.8% and a decrease in net profit margin from 16.1% to 9.2%. The board declared an interim dividend of HK7.0 cents per share, reflecting a cautious approach amidst decreased profitability.

The most recent analyst rating on (HK:1692) stock is a Hold with a HK$2.00 price target. To see the full list of analyst forecasts on Town Ray Holdings Limited stock, see the HK:1692 Stock Forecast page.

Town Ray Holdings Schedules Board Meeting for Interim Results

Town Ray Holdings Limited has announced that a board meeting will be held on August 28, 2025, to consider and approve the company’s unaudited interim results for the first half of the year, ending June 30, 2025. The meeting will also discuss the potential payment of an interim dividend, which could impact the company’s financial strategy and shareholder returns.

Town Ray Holdings Issues Profit Warning Amid Strategic Product Adjustments

Town Ray Holdings Limited has issued a profit warning, indicating an expected decrease in net profit by approximately 38% for the first half of 2025 compared to the same period in 2024. This decline is attributed to the company’s strategic decision to adjust its product offerings to align with consumer demand, which involved selling products at lower gross profit margins.