Jolimark Holdings (2028) AI Stock Analysis

• Market Cap: HK$32.48M
• Dividend Yield: N/A
• Average Volume (3M): 28.60K
• Price to Earnings (P/E): ―
• Beta (1Y): -0.14
• Revenue Growth: -28.11%
• EPS Growth: 25.96%
• Country: HK
• Employees: 572
• Sector: Technology
• Sector Strength: 84
• Industry: Computer Hardware
• EPS (TTM): -0.10
• Shares Outstanding: 612,881,500
• 10 Day Avg. Volume: 21,600
• 30 Day Avg. Volume: 28,600
• PEG Ratio: -0.03
• Price to Book (P/B): 0.45
• Price to Sales (P/S): 0.00
• P/FCF Ratio: -0.94
• 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: N/A
• Number of Analyst Covering: 0

• Rating: 39 Underperform
• Price Target: ―

Jolimark Holdings' stock is under significant financial pressure due to declining revenues and high leverage. The technical analysis shows limited momentum, and the negative P/E ratio suggests valuation concerns. Overall, the stock presents notable risks with few immediate catalysts for improvement.

Jolimark Holdings Business Overview & Revenue Model

Company Description

Jolimark Holdings Limited, an investment holding company, manufactures and sells printers and other electronic products in the People's Republic of China. The company offers rolling and flatbed dot matrix printers, passbook printers, thermal and dot matrix POS solutions, POS terminals, mini printers, tax control ECRs, DLP projectors, and other electronic products under the Jolimark brand name. It also designs, manufactures, and sells business equipment, tax control equipment, and other electronic products on EMS/ODM/OEM basis. In addition, the company is involved in the distribution of EPSON branded SIDM printers; research and development of the inkjet print heads and Internet of Things; and provision of import and export service for electronic business. Further, it operates as a logistics agent. The company was founded in 1986 and is headquartered in Jiangmen, the People's Republic of China. Jolimark Holdings Limited is a subsidiary of Kytronics Holdings Limited.

How the Company Makes Money

Jolimark Holdings generates revenue primarily through the sale of its printing and office equipment. The company's key revenue streams include direct sales to businesses, partnerships with distributors and resellers, and service contracts for maintenance and support. Jolimark leverages its extensive distribution network to reach a broad customer base, both domestically and internationally. Additionally, the company capitalizes on technological advancements to offer value-added services, such as software integration and custom solutions, which further bolster its earnings. Strategic partnerships with technology firms and industry leaders also play a significant role in driving sales and expanding market reach.

Jolimark Holdings Financial Statement Overview

Summary

Jolimark Holdings faces significant financial challenges with declining revenues, persistent losses, and high leverage. The company's financial health is under pressure, requiring strategic adjustments to stabilize operations and improve cash flow.

Income Statement

Jolimark Holdings has been experiencing a declining revenue trend with a -26% revenue growth from 2022 to 2023 and -26% from 2023 to 2024. The company has negative profit margins, with the net profit margin consistently negative, indicating a lack of profitability. EBIT and EBITDA margins are also negative, suggesting operational inefficiencies.

Balance Sheet

The company's balance sheet shows high leverage with a debt-to-equity ratio of 12.77 in 2024. Stockholders' equity has decreased significantly, impacting the equity ratio negatively and indicating financial instability. The return on equity is negative, reflecting ongoing losses.

Cash Flow

Jolimark Holdings has negative free cash flow over recent years, with no operating cash inflow in 2024. The free cash flow to net income ratio is undefined due to negative net income and free cash flow, indicating poor cash management and sustainability issues.

Breakdown
Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement		Total Revenue
149.74M	203.48M	279.19M	344.61M	275.97M
	Gross Profit
18.37M	22.52M	65.10M	95.61M	84.90M
	EBIT
-53.57M	-66.32M	-33.44M	-21.80M	-23.70M
	EBITDA
-40.37M	-53.45M	-11.90M	-2.20M	-2.40M
	Net Income Common Stockholders
-59.83M	-79.47M	-40.01M	-25.18M	-25.43M
Balance Sheet		Cash, Cash Equivalents and Short-Term Investments
24.43M	37.29M	68.97M	125.50M	104.43M
	Total Assets
206.14M	254.19M	356.60M	457.13M	398.43M
	Total Debt
143.05M	111.44M	123.28M	114.31M	87.25M
	Net Debt
118.62M	74.15M	54.30M	50.98M	-17.18M
	Total Liabilities
196.81M	177.41M	200.52M	251.25M	182.31M
	Stockholders Equity
11.20M	77.85M	156.85M	206.01M	216.99M
Cash Flow		Free Cash Flow
0.00	-23.85M	-74.46M	-6.00M	-13.09M
	Operating Cash Flow
0.00	-19.60M	-69.70M	6.58M	957.00K
	Investing Cash Flow
0.00	-2.36M	60.61M	-69.13M	-16.34M
	Financing Cash Flow
0.00	-9.86M	14.66M	21.51M	-1.40M

Jolimark Holdings Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 0.05
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For HK:2028, the sentiment is Negative. The current price of 0.05 is above the 20-day moving average (MA) of 0.05, below the 50-day MA of 0.05, and below the 200-day MA of 0.06, indicating a neutral trend. The MACD of <0.01 indicates Negative momentum. The RSI at 48.22 is Neutral, neither overbought nor oversold. The STOCH value of 74.63 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for HK:2028.

Jolimark Holdings Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
Sector *	62 Neutral	$11.93B	10.60	-7.51%	3.00%	7.40%	-8.09%
2028	39 Underperform	HK$32.48M	―	-132.74%	―	-28.11%	25.96%
PNY		€11.01M	0.29	-16.24%	―	―	―
8159		HK$63.36M	―		―	―	―
3638	63 Neutral	HK$298.25M	13.79	21.57%	―	-37.58%	―
6939	56 Neutral	HK$246.41M	23.51	2.61%	4.14%	-14.89%	-59.44%
2436	40 Underperform	HK$918.47M	―	-7.86%	―	29.97%	53.06%

Jolimark Holdings Corporate Events

Jolimark Holdings Announces 2025 Annual General Meeting Agenda

Jolimark Holdings Limited has announced its upcoming Annual General Meeting, scheduled for May 28, 2025, in Hong Kong. The meeting will address several key business items, including the adoption of financial statements, re-election of directors, and the appointment of auditors. Additionally, the company seeks approval to allow directors to manage the issuance and resale of shares, with a cap set at 20% of the total issued shares. This move could potentially impact the company’s capital structure and shareholder value.

Jolimark Holdings Reports 2024 Financial Results with Notable Revenue Decline

Jolimark Holdings Limited announced its 2024 annual financial results, revealing a decrease in revenue from RMB 203,484,000 in 2023 to RMB 149,737,000 in 2024. Despite efforts to manage costs, the company reported a net loss of RMB 60,262,000 for the year, attributed to increased administrative and marketing expenses, alongside a challenging market environment. The results indicate ongoing financial challenges and suggest a need for strategic adjustments to improve profitability and shareholder value.

Jolimark Holdings Issues Profit Warning Amid Market Challenges

Jolimark Holdings Limited has issued a profit warning, indicating an expected loss between RMB57 million and RMB67 million for the year ending December 31, 2024. This anticipated loss, although an improvement from the previous year’s loss of RMB79.793 million, is largely due to decreased market demand for dot-matrix printers and the slow scalability of new products. Stakeholders are advised to exercise caution as the final financial results may differ from these preliminary figures.