B & S International Holdings Ltd. (1705) AI Stock Analysis

• Market Cap: HK$158.00M
• Dividend Yield: 12.2%
• Average Volume (3M): 107.07K
• Price to Earnings (P/E): 8.9
• Beta (1Y): 0.14
• Revenue Growth: 0.15%
• EPS Growth: -33.33%
• Country: HK
• Employees: 648
• Sector: Consumer Defensive
• Sector Strength: 42
• Industry: Food Distribution
• EPS (TTM): 0.03
• Shares Outstanding: 400,000,000
• 10 Day Avg. Volume: 53,600
• 30 Day Avg. Volume: 107,066
• PEG Ratio: -0.16
• Price to Book (P/B): 0.87
• Price to Sales (P/S): 0.27
• P/FCF Ratio: 1.94
• 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: 56 Neutral
• Price Target: HK$0.50 ▲(21.95% Upside)

The overall stock score is primarily influenced by the company's financial performance challenges, including declining revenue and profitability. Despite these issues, the stock's valuation is attractive with a low P/E ratio and high dividend yield, which provides some support. Technical analysis indicates a bearish trend with a lack of momentum, further impacting the score.

Positive Factors

Cash Generation Ability

Efficient cash generation from operations indicates that the company can sustain its operations and invest in growth without relying heavily on external financing.

Leverage Management

Improved leverage management suggests a more stable financial structure, reducing risk and potentially lowering interest costs, which can enhance long-term profitability.

Operational Efficiency

Positive EBIT and EBITDA margins reflect operational efficiency, indicating the company can manage costs effectively, which is crucial for sustaining profitability in challenging market conditions.

Negative Factors

Revenue Decline

A significant decline in revenue growth indicates challenges in market demand or competitive positioning, which could impact the company's ability to invest in future growth initiatives.

Profitability Pressure

Decreasing profit margins suggest the company is facing cost pressures or pricing challenges, which could erode long-term profitability and competitiveness if not addressed.

Negative Free Cash Flow Growth

Negative free cash flow growth suggests difficulties in generating sufficient cash to fund operations and investments, potentially limiting the company's ability to pursue strategic opportunities.

B & S International Holdings Ltd. Business Overview & Revenue Model

Company Description

B & S International Holdings Ltd., an investment holding company, engages in the distribution and retail of food and beverage products in Hong Kong. The company distributes sweets and candies, biscuits, cakes and pastries, instant drink powders, dried meat products, tea leaves, pasta, fresh eggs and condiments, etc. It distributes its products to various customers, including supermarkets, pharmacies, convenience stores, department stores, bakeries, confectionery stores, and trading companies. The company also operates retail outlets for various international food and beverage brands; and provides catering services. As of March 31, 2022, it had a total of 62 self-operated retail outlets. The company was founded in 1990 and is headquartered in Yau Tong, Hong Kong.

How the Company Makes Money

The company generates revenue through multiple streams, including the manufacturing and sale of consumer goods and electronics, which are often exported to international markets. Additionally, B & S International Holdings earns income from logistics services related to the distribution of its products. The company also benefits from rental income derived from its property investments. Significant partnerships with suppliers and distributors enhance its market reach and operational efficiency, contributing to sustained earnings.

B & S International Holdings Ltd. Financial Statement Overview

Summary

B & S International Holdings Ltd. faces challenges in revenue growth and profitability, as reflected in declining margins and negative revenue growth. The balance sheet shows improved leverage but reduced return on equity. Cash flow generation is efficient, though growth is negative. Overall, the company needs to address revenue and profitability pressures to enhance financial performance.

Income Statement

The company has experienced a significant decline in revenue growth, with a negative growth rate of -57.4% in the most recent year. Gross and net profit margins have also decreased compared to previous years, indicating pressure on profitability. However, the company maintains a positive EBIT and EBITDA margin, suggesting some operational efficiency.

Balance Sheet

The debt-to-equity ratio has improved over the years, indicating better leverage management. The return on equity has decreased, reflecting lower profitability. The equity ratio remains stable, suggesting a balanced capital structure.

Cash Flow

Free cash flow growth is negative, indicating challenges in generating cash. However, the operating cash flow to net income ratio is strong, suggesting efficient cash generation from operations. The free cash flow to net income ratio remains high, indicating good cash conversion.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	507.66M	504.75M	520.81M	486.80M	468.24M	483.07M
Gross Profit	118.63M	110.90M	121.94M	105.12M	77.08M	53.52M
EBITDA	41.26M	68.73M	85.46M	82.21M	60.89M	76.99M
Net Income	26.50M	17.79M	33.60M	27.75M	596.00K	583.00K
Balance Sheet
Total Assets	270.90M	263.23M	267.25M	267.67M	251.81M	275.68M
Cash, Cash Equivalents and Short-Term Investments	61.35M	55.38M	50.60M	76.36M	55.22M	45.07M
Total Debt	56.60M	59.29M	58.84M	71.35M	81.40M	104.91M
Total Liabilities	99.23M	105.26M	104.69M	118.99M	120.87M	145.01M
Stockholders Equity	168.52M	154.13M	158.35M	144.74M	126.99M	126.39M
Cash Flow
Free Cash Flow	69.46M	69.11M	54.71M	82.77M	72.71M	92.17M
Operating Cash Flow	73.98M	74.52M	59.00M	89.10M	76.43M	100.41M
Investing Cash Flow	-4.38M	-3.70M	-1.91M	-6.97M	-4.07M	-8.22M
Financing Cash Flow	-69.28M	-66.04M	-82.12M	-61.30M	-62.23M	-85.59M

B & S International Holdings Ltd. Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 0.41
• 50DMA: Positive
• 100DMA: Negative
• 200DMA: Positive
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For HK:1705, the sentiment is Positive. The current price of 0.41 is above the 20-day moving average (MA) of 0.39, above the 50-day MA of 0.40, and above the 200-day MA of 0.38, indicating a bullish trend. The MACD of <0.01 indicates Negative momentum. The RSI at 61.17 is Neutral, neither overbought nor oversold. The STOCH value of 24.51 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for HK:1705.

B & S International Holdings Ltd. Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
1587	71 Outperform	HK$442.00M	9.64	8.56%	3.46%	3.24%	47.81%
8413	65 Neutral	HK$132.47M	126.67	0.79%	―	-1.30%	-61.11%
Sector *	62 Neutral	$20.33B	14.63	-3.31%	3.23%	1.93%	-12.26%
0677	58 Neutral	HK$594.09M	-41.18	-2.66%	6.57%	0.09%	-274.36%
1705	56 Neutral	HK$158.00M	8.88	10.63%	12.20%	0.15%	-33.33%
8491	48 Neutral	HK$163.43M	-7.55	-14.15%	―	-2.25%	58.33%
0060	43 Neutral	HK$121.44M	―	-3.71%	―	-13.76%	-7.06%

B & S International Holdings Ltd. Corporate Events

B & S International Holdings Ltd. Renews Tenancy Agreements with Connected Parties

B & S International Holdings Ltd. has announced the renewal of tenancy agreements involving its subsidiary, Wise Fine, and connected parties, Best Source and Ms. Janny Tin. These agreements, which are considered connected transactions under Hong Kong’s Listing Rules, involve leasing properties from these connected persons. The transactions are deemed to be conducted on normal commercial terms and are in the best interest of the company and its shareholders. The agreements are subject to reporting and annual review requirements but are exempt from the need for circular and independent shareholder approval.

B & S International Reports Slight Dip in Interim Profit, Declares Dividend

B & S International Holdings Ltd. reported a slight decrease in net profit for the six months ending September 30, 2025, with a 2.8% drop to HK$10.3 million compared to the same period last year. Despite the decline in profit, the company declared an interim dividend of HK2.5 cents per share, maintaining a high dividend payout ratio of 99.0%. The revenue saw a marginal increase of 1.5%, indicating stable performance amidst challenging conditions, which may affect stakeholder confidence and market positioning.

B & S International Declares Interim Dividend for 2025

B & S International Holdings Ltd. has announced an interim dividend of HKD 0.025 per share for the six months ending 30 September 2025, with the payment date set for 23 December 2025. This announcement underscores the company’s ongoing strategy to maintain shareholder value and reflects its stable financial performance, potentially impacting investor confidence positively.

B & S International Holdings Schedules Board Meeting for Financial Review

B & S International Holdings Ltd. has announced a board meeting scheduled for November 25, 2025, to review and approve the unaudited financial results for the six months ending September 30, 2025. The meeting will also consider the potential declaration of an interim dividend, which could influence investor sentiment and market positioning.

B & S International Holdings Ltd. Announces Unanimous Approval of AGM Resolutions

B & S International Holdings Ltd. announced that all proposed resolutions at their Annual General Meeting on September 12, 2025, were passed unanimously by shareholders. The resolutions included the adoption of financial statements, approval of a final dividend, re-election of directors, and re-appointment of auditors, reflecting strong shareholder support and potentially enhancing the company’s governance and financial stability.