Ulferts International Limited (1711) AI Stock Analysis

• Market Cap: HK$91.20M
• Dividend Yield: N/A
• Average Volume (3M): 338.33K
• Price to Earnings (P/E): ―
• Beta (1Y): 0.17
• Revenue Growth: -12.97%
• EPS Growth: -20.77%
• Country: HK
• Employees: 122
• Sector: Consumer Cyclical
• Sector Strength: 84
• Industry: Specialty Retail
• EPS (TTM): >-0.01
• Shares Outstanding: 800,000,000
• 10 Day Avg. Volume: 72,000
• 30 Day Avg. Volume: 338,333
• PEG Ratio: -0.02
• Price to Book (P/B): 1.99
• Price to Sales (P/S): 0.31
• P/FCF Ratio: 2.63
• 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
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 40 Underperform
• Price Target: HK$0.12 ▲(5.45% Upside)

Ulferts International Limited's overall stock score is primarily impacted by its poor financial performance, characterized by declining revenue and profitability issues. Technical analysis indicates weak momentum, and the valuation is unattractive due to a negative P/E ratio and lack of dividend yield. These factors collectively result in a low overall stock score.

Positive Factors

Cash Generation Ability

Despite net losses, the company generates cash, indicating operational resilience and potential for future recovery.

Product Range and Market Reach

A broad product range and market reach can help capture diverse customer needs, supporting long-term revenue stability.

Partnerships and Supply Chain

Strong partnerships enhance supply chain efficiency and cost optimization, supporting long-term profitability.

Negative Factors

Declining Revenue

Consistent revenue decline indicates challenges in market competitiveness and demand, impacting long-term growth prospects.

Profitability Issues

Negative profit margins highlight operational inefficiencies, posing risks to financial health and shareholder returns.

High Debt Levels

Moderate leverage with poor returns on equity can strain financial flexibility, limiting growth and investment opportunities.

Ulferts International Limited Business Overview & Revenue Model

Company Description

Ulferts International Limited (1711) is a leading company in the furniture and home decor industry, primarily engaged in the design, manufacturing, and retailing of high-quality furniture products. The company operates in several sectors, including residential and commercial furnishings, and is known for its contemporary designs and commitment to craftsmanship. Ulferts International Limited offers a wide range of products, including sofas, dining sets, bedroom furniture, and office furnishings, catering to a diverse clientele both locally and internationally.

How the Company Makes Money

Ulferts International Limited generates revenue through multiple streams, primarily from the sale of its furniture products across various channels, including brick-and-mortar retail stores and online platforms. The company's revenue model is centered around direct sales to consumers, as well as business-to-business sales to corporate clients and interior designers. Ulferts also benefits from strategic partnerships with suppliers and manufacturers, enabling it to maintain competitive pricing and a diverse product range. Seasonal promotions, exclusive collections, and collaborations with renowned designers further enhance its sales performance. Additionally, the company may leverage after-sales services, such as delivery and assembly, which contribute to its overall profitability.

Ulferts International Limited Financial Statement Overview

Summary

Ulferts International Limited is facing significant financial challenges. The income statement shows declining revenue and profitability issues, with negative net profit margins. The balance sheet indicates moderate leverage but poor returns on equity, and cash flow generation is weak with declining free cash flow growth. Overall, the company needs to address operational inefficiencies and improve profitability.

Income Statement

Ulferts International Limited has faced declining revenue over the past few years, with a negative revenue growth rate of -5.18% in the most recent year. The company has struggled with profitability, as evidenced by negative net profit margins and EBIT margins. The gross profit margin remains relatively stable at 57.71%, but the negative EBITDA margin indicates operational challenges.

Balance Sheet

The company's debt-to-equity ratio of 0.78 suggests moderate leverage, but the negative return on equity of -173.12% indicates significant challenges in generating returns for shareholders. The equity ratio is not provided, but the overall financial health appears strained due to declining equity and high debt levels.

Cash Flow

Cash flow metrics show some resilience, with a free cash flow to net income ratio of 0.96, indicating that the company is generating cash despite net losses. However, the free cash flow growth rate is negative at -18.77%, reflecting potential issues in sustaining cash flow levels. The operating cash flow to net income ratio of 0.36 suggests limited cash generation relative to net income.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	161.39M	153.02M	171.64M	216.15M	225.46M	234.50M
Gross Profit	94.56M	88.30M	99.66M	133.18M	142.64M	152.89M
EBITDA	-20.67M	-7.89M	12.02M	29.65M	51.36M	77.37M
Net Income	-26.96M	-41.02M	-25.01M	-21.02M	4.14M	16.83M
Balance Sheet
Total Assets	122.59M	78.72M	145.18M	196.30M	250.49M	214.26M
Cash, Cash Equivalents and Short-Term Investments	34.91M	27.27M	43.36M	62.06M	76.80M	93.69M
Total Debt	26.73M	18.47M	39.19M	66.89M	76.40M	36.97M
Total Liabilities	69.00M	55.03M	80.47M	106.58M	135.75M	98.63M
Stockholders Equity	53.60M	23.69M	64.71M	89.72M	114.73M	115.63M
Cash Flow
Free Cash Flow	22.08M	17.94M	25.44M	35.13M	28.56M	75.84M
Operating Cash Flow	24.73M	18.78M	28.08M	36.44M	36.99M	77.08M
Investing Cash Flow	-4.00M	-838.00K	-2.64M	-1.30M	-8.43M	-1.23M
Financing Cash Flow	-42.91M	-34.03M	-44.14M	-49.89M	-45.44M	-45.83M

Ulferts International Limited Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 0.11
• 50DMA: Negative
• 100DMA: Positive
• 200DMA: Positive
• MACD: Positive
• RSI: Neutral
• STOCH: Positive

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For HK:1711, the sentiment is Negative. The current price of 0.11 is below the 20-day moving average (MA) of 0.13, below the 50-day MA of 0.13, and above the 200-day MA of 0.08, indicating a neutral trend. The MACD of >-0.01 indicates Positive momentum. The RSI at 35.16 is Neutral, neither overbought nor oversold. The STOCH value of 5.13 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for HK:1711.

Ulferts International Limited Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
Sector *	61 Neutral	$18.38B	12.79	-2.54%	3.03%	1.52%	-15.83%
8395	61 Neutral	HK$364.32M	33.33	31.07%	―	52.73%	―
1545	53 Neutral	HK$148.00M	―	-4.46%	5.14%	-27.20%	-195.83%
2122	45 Neutral	HK$298.60M	-1.06	―	―	-15.54%	16.04%
1711	40 Underperform	HK$91.20M	―	-87.26%	―	-12.97%	-20.77%

Ulferts International Limited Corporate Events

Ulferts International Reports Narrowed Loss Amid Revenue Decline

Ulferts International Limited reported a decrease in total revenue to HK$66.8 million for the six months ending September 2025, down from HK$79.4 million the previous year, due to challenging market conditions. Despite the revenue drop, the company successfully narrowed its net loss to HK$2.7 million from HK$11.1 million, thanks to effective cost-saving measures. The retail segment, which constitutes the majority of the company’s revenue, saw a decline, but the company continues to focus on market segmentation and online platforms to maximize market coverage.

Ulferts International Schedules Board Meeting for Interim Results and Dividend Consideration

Ulferts International Limited has announced that its board of directors will convene on November 21, 2025, to approve the interim results for the six months ending September 30, 2025, and to consider the payment of an interim dividend. This announcement indicates a routine financial review and potential dividend declaration, which could impact shareholder returns and reflect the company’s financial health.

Ulferts International Limited Reports Narrowed Net Loss for 2025

Ulferts International Limited has announced a significant reduction in its net loss for the six months ending September 2025, expecting it to narrow to not more than HK$3 million compared to HK$11 million in the previous year. This improvement is attributed to effective cost-saving measures implemented by the company, although the interim results are yet to be finalized and will be published in late November 2025.

Ulferts International Enters New Leasing Agreement

Ulferts International Limited has entered into a 2025 Master Leasing Agreement (MLA) with Emperor International and AY Holdings to manage tenancy transactions from October 2025 to March 2027. This agreement allows the company to conduct tenancy transactions in the ordinary course of business, ensuring they are on normal commercial terms and compliant with relevant listing rules. The transactions are structured to be in the interests of shareholders, with the option to consider third-party landlords.