Bonny International Holding Ltd. (1906) AI Stock Analysis

• Market Cap: HK$809.12M
• Dividend Yield: N/A
• Average Volume (3M): 6.34M
• Price to Earnings (P/E): ―
• Beta (1Y): -0.24
• Revenue Growth: 5.88%
• EPS Growth: 16.82%
• Country: HK
• Employees: 777
• Sector: Consumer Cyclical
• Sector Strength: 84
• Industry: Apparel - Manufacturers
• EPS (TTM): <0.01
• Shares Outstanding: 1,471,123,700
• 10 Day Avg. Volume: 7,071,000
• 30 Day Avg. Volume: 6,344,750
• PEG Ratio: 0.31
• Price to Book (P/B): 0.96
• Price to Sales (P/S): 1.27
• P/FCF Ratio: -5.98
• 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: 46 Neutral
• Price Target: HK$0.50 ▼(-1.96% Downside)

The overall stock score is primarily impacted by the company's weak financial performance, characterized by declining revenues and persistent losses. The technical analysis provides a slightly positive outlook, but the poor valuation due to negative earnings significantly lowers the score. The absence of earnings call data and corporate events means these factors do not influence the score.

Positive Factors

Diversified Revenue Streams

The company's diversified revenue streams across manufacturing, trading, and investments provide resilience against sector-specific downturns, supporting long-term stability.

Moderate Leverage

Moderate leverage with a stable capital structure provides financial flexibility, enabling the company to invest in growth opportunities without excessive risk.

Improvement in EBIT Margin

The improvement in EBIT margin indicates progress in operational efficiency, which could lead to better profitability if the trend continues.

Negative Factors

Declining Revenue and Profitability

A declining trend in revenue and profitability suggests challenges in market competitiveness and operational execution, impacting long-term growth potential.

Negative Cash Flow

Consistently negative cash flow highlights difficulties in generating sufficient cash from operations, limiting the ability to fund growth and meet financial obligations.

Eroded Equity

Eroded equity due to continuous losses weakens the financial foundation, potentially affecting the company's ability to raise capital and invest in future growth.

Bonny International Holding Ltd. Business Overview & Revenue Model

Company Description

Bonny International Holding Ltd. (1906) is a diversified holding company primarily engaged in the sectors of manufacturing, trading, and investment. The company focuses on producing and distributing a range of products, including textiles, consumer goods, and industrial materials. With a commitment to innovation and quality, Bonny International leverages its extensive network to cater to both local and international markets, positioning itself as a key player in various industries.

How the Company Makes Money

Bonny International generates revenue through multiple streams, including the sale of manufactured goods, trading activities, and investment returns. The company's primary revenue source comes from the production and sale of textiles and consumer products, which are marketed through its established distribution channels. Additionally, Bonny engages in trading operations, importing and exporting goods to capitalize on global market demands. The company also invests in strategic partnerships and joint ventures that enhance its market reach and operational efficiency, contributing to its overall earnings. By diversifying its product offerings and expanding its international presence, Bonny International aims to sustain and grow its revenue base.

Bonny International Holding Ltd. Financial Statement Overview

Summary

Bonny International Holding Ltd. faces significant financial challenges, with declining revenues, persistent losses, and negative cash flows indicating operational inefficiencies. While the company's leverage is moderate, the negative trends in profitability and cash flow highlight underlying financial instability.

Income Statement

The company shows a declining trend in revenue and profitability. Gross profit margin decreased from 40.9% in 2020 to 29.6% in 2024, and net income turned negative in recent years, indicating profitability challenges. Despite an improvement in EBIT margin from -29.8% in 2023 to -4.8% in 2024, the overall margins remain negative.

Balance Sheet

The balance sheet reflects moderate leverage with a debt-to-equity ratio of 0.49 in 2024. The equity ratio stands at 55%, indicating a stable capital structure. However, continuous losses have eroded equity over time, posing a potential risk.

Cash Flow

Free cash flow has been consistently negative, indicating operational and investment challenges. Operating cash flow to net income ratio is not calculable due to negative net income, reflecting cash flow difficulties stemming from weak operational performance.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	239.00M	266.74M	177.67M	160.91M	248.78M	287.81M
Gross Profit	75.19M	78.86M	41.67M	31.64M	65.66M	117.72M
EBITDA	11.74M	17.43M	-17.93M	-48.84M	-29.05M	4.30M
Net Income	-20.90M	-16.73M	-45.27M	-70.94M	-6.55M	48.28M
Balance Sheet
Total Assets	668.53M	644.80M	588.08M	571.50M	593.73M	658.54M
Cash, Cash Equivalents and Short-Term Investments	8.22M	14.15M	3.65M	10.73M	12.76M	54.13M
Total Debt	213.55M	172.71M	133.59M	144.24M	144.79M	124.52M
Total Liabilities	314.32M	289.27M	275.40M	281.56M	248.00M	312.82M
Stockholders Equity	353.08M	354.41M	311.55M	288.88M	344.66M	344.65M
Cash Flow
Free Cash Flow	-42.70M	-56.57M	-6.73M	-7.32M	-52.63M	-41.15M
Operating Cash Flow	18.64M	5.21M	9.56M	28.89M	27.27M	53.03M
Investing Cash Flow	-61.33M	-57.63M	-10.10M	-36.37M	-71.88M	57.43M
Financing Cash Flow	44.78M	56.42M	-2.29M	5.11M	5.06M	-121.24M

Bonny International Holding Ltd. Technical Analysis

• Technical Analysis Sentiment: Neutral
• Last Price: 0.51
• 50DMA: Negative
• 100DMA: Positive
• 200DMA: Positive
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For HK:1906, the sentiment is Neutral. The current price of 0.51 is below the 20-day moving average (MA) of 0.55, below the 50-day MA of 0.55, and above the 200-day MA of 0.40, indicating a neutral trend. The MACD of >-0.01 indicates Positive momentum. The RSI at 45.45 is Neutral, neither overbought nor oversold. The STOCH value of 27.78 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for HK:1906.

Bonny International Holding Ltd. Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
1433	64 Neutral	HK$182.00M	3.31	23.94%	8.15%	14.30%	125.41%
0608	63 Neutral	HK$440.09M	5.49	2.55%	2.33%	-4.07%	-26.53%
Sector *	61 Neutral	$18.38B	12.79	-2.54%	3.03%	1.52%	-15.83%
2298	60 Neutral	HK$767.70M	6.96	4.94%	4.85%	0.72%	2.24%
1247	50 Neutral	HK$735.20M	-17.43	-19.32%	―	193.78%	-110.36%
3778	46 Neutral	HK$375.71M	-18.52	-2.76%	4.63%	-1.24%	5.98%
1906	46 Neutral	HK$809.12M	-30.90	-6.24%	―	5.88%	16.82%

Bonny International Holding Ltd. Corporate Events

Bonny International Announces Discharge of Share Pledge by Controlling Shareholder

Bonny International Holding Limited, a company listed on the Hong Kong Stock Exchange, announced the discharge of a pledge of shares by its controlling shareholder, Maximax Holding Corporation. This pledge involved 550,099,285 ordinary shares, which accounted for approximately 37.39% of the company’s issued shares, and was used as a guarantee for a loan provided to a company controlled by the chairman, Mr. Jin Guojun. The fulfillment of obligations by Maximax led to the discharge of the pledge, restoring full control of the shares to Maximax.

The most recent analyst rating on (HK:1906) stock is a Hold with a HK$0.50 price target. To see the full list of analyst forecasts on Bonny International Holding Ltd. stock, see the HK:1906 Stock Forecast page.

Bonny International Updates Share Option Scheme Details

Bonny International Holding Limited, a company incorporated in the Cayman Islands, has issued a supplemental announcement regarding its Share Option Scheme as disclosed in its annual report for the year ended 31 December 2024. The company has clarified that the total number of shares available for issue under the scheme was 120,000,000, representing approximately 8.16% of its issued shares. This update does not affect any other information in the annual report.

The most recent analyst rating on (HK:1906) stock is a Hold with a HK$0.50 price target. To see the full list of analyst forecasts on Bonny International Holding Ltd. stock, see the HK:1906 Stock Forecast page.

Bonny International Reports Decline in Interim Profits for 2025

Bonny International Holding Ltd. reported its unaudited consolidated results for the six months ending June 30, 2025, showing a decrease in revenue from RMB 143,943,000 in 2024 to RMB 116,206,000 in 2025. Despite a reduction in costs, the company’s profit before tax dropped significantly from RMB 5,524,000 to RMB 1,350,000, indicating challenges in maintaining profitability, which may affect its market positioning and stakeholder confidence.

The most recent analyst rating on (HK:1906) stock is a Hold with a HK$0.50 price target. To see the full list of analyst forecasts on Bonny International Holding Ltd. stock, see the HK:1906 Stock Forecast page.