Nayuki Holdings Ltd. (2150) AI Stock Analysis

• Market Cap: HK$2.53B
• Dividend Yield: N/A
• Average Volume (3M): 12.17M
• Price to Earnings (P/E): ―
• Beta (1Y): 1.32
• Revenue Growth: -6.61%
• EPS Growth: -5748.54%
• Country: HK
• Employees: 6,122
• Sector: Consumer Cyclical
• Sector Strength: 64
• Industry: Restaurants
• EPS (TTM): -0.31
• Shares Outstanding: 1,707,588,100
• 10 Day Avg. Volume: 6,823,787
• 30 Day Avg. Volume: 12,168,940
• PEG Ratio: 0.10
• Price to Book (P/B): 0.65
• Price to Sales (P/S): 0.00
• P/FCF Ratio: -22.43
• 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: HK$1.16
• Price Target Upside: -21.62% Downside
• Rating Consensus: Moderate Sell
• Number of Analyst Covering: 0

• Rating: 47 Neutral
• Price Target: HK$1.50 ▲(1.35%Upside)

Nayuki Holdings Ltd. receives a low overall score due to significant financial performance challenges, including declining revenue and profitability, and negative cash flow trends. The technical analysis provides some short-term hope, but valuation metrics remain poor, reflecting ongoing financial difficulties. These factors collectively indicate a cautious outlook for the stock.

Nayuki Holdings Ltd. Business Overview & Revenue Model

Company Description

Nayuki Holdings Ltd. (2150) is a prominent player in the beverage and tea industry, known for its innovative approach to modern tea culture. The company specializes in the creation and retail of freshly made tea drinks and premium baked goods. With a focus on quality ingredients and unique flavor combinations, Nayuki has established itself as a leader in the premium tea drink market, primarily operating through its chain of boutique tea houses across various locations.

How the Company Makes Money

Nayuki Holdings Ltd. primarily generates revenue through the sale of its freshly made tea beverages and baked goods at its retail locations. The company's key revenue streams include in-store sales from its boutique tea houses, online sales through its digital platforms, and delivery services. Nayuki leverages its brand appeal and innovative product offerings to attract a wide customer base, thus driving sales volume. Additionally, strategic partnerships and collaborations with suppliers ensure high-quality ingredients, contributing to the brand's premium positioning and enabling the company to maintain a competitive edge in the market.

Nayuki Holdings Ltd. Financial Statement Overview

Summary

Nayuki Holdings Ltd. is experiencing significant financial difficulties. The income statement reflects declining revenues and negative profitability, with net profit margins turning negative. The balance sheet shows stable leverage but concerns over declining equity. Cash flow challenges are notable, with no reported operating or free cash flow in 2024.

Income Statement

The income statement shows a challenging financial performance with declining total revenue and net income over the years. The gross profit margin has decreased from 30.76% in 2023 to 23.47% in 2024, indicating potential cost control issues. Net profit margin has turned negative at -18.64% in 2024, down from 0.26% in 2023, signaling profitability challenges. Revenue growth has been negative recently, at -4.70% in 2024. The EBIT margin deteriorated from 17.63% in 2023 to 10.22% in 2024, while the EBITDA margin is not meaningful due to negative EBITDA. Overall, the company is facing headwinds in maintaining revenue and profitability.

Balance Sheet

The balance sheet reveals a mixed picture with strengths and weaknesses. The debt-to-equity ratio has improved slightly to 0.37 in 2024 from 0.37 in 2023, indicating stable leverage. Return on Equity (ROE) is negative, reflecting the company's net losses, but the equity ratio remains strong at 63.73% in 2024, showing reliance on equity financing. However, the declining stockholders' equity from 2023 to 2024 points to potential concerns about financial health. Overall, the company has controlled leverage but needs to address profitability to improve ROE.

Cash Flow

The cash flow statement indicates significant challenges. There is no operating or free cash flow reported for 2024, highlighting potential liquidity issues. Previously, free cash flow was positive in 2023, but the absence of cash flow figures in 2024 suggests potential operational difficulties. The operating cash flow to net income ratio and free cash flow to net income ratio cannot be assessed due to missing data. The cash position, although previously strong, may be under pressure without sufficient operational cash generation.

Breakdown	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	4.92B	5.16B	4.29B	4.30B	3.06B
Gross Profit	1.68B	1.59B	1.51B	1.47B	978.76M
EBITDA	-138.48M	788.01M	261.92M	-3.81B	447.19M
Net Income	-917.29M	13.22M	-475.81M	-4.53B	-203.30M
Balance Sheet
Total Assets	6.17B	7.54B	6.94B	7.33B	3.31B
Cash, Cash Equivalents and Short-Term Investments	2.49B	2.66B	3.37B	4.10B	501.75M
Total Debt	1.45B	1.77B	1.42B	1.45B	1.64B
Total Liabilities	2.25B	2.72B	2.17B	2.39B	3.74B
Stockholders Equity	3.93B	4.82B	4.77B	4.94B	-424.42M
Cash Flow
Free Cash Flow	-98.10M	287.57M	-141.69M	-243.02M	330.85M
Operating Cash Flow	201.61M	828.49M	306.63M	506.08M	574.35M
Investing Cash Flow	319.84M	-1.33B	-2.63B	-794.98M	-243.85M
Financing Cash Flow	-387.98M	-446.35M	-478.00M	3.89B	91.92M

Nayuki Holdings Ltd. Technical Analysis

• Technical Analysis Sentiment: Neutral
• Last Price: 1.48
• 50DMA: Positive
• 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:2150, the sentiment is Neutral. The current price of 1.48 is below the 20-day moving average (MA) of 1.55, above the 50-day MA of 1.34, and above the 200-day MA of 1.34, indicating a neutral trend. The MACD of 0.06 indicates Positive momentum. The RSI at 50.09 is Neutral, neither overbought nor oversold. The STOCH value of 13.78 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for HK:2150.

Nayuki Holdings Ltd. Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
6811	64 Neutral	HK$932.56M	15.38	6.54%	5.66%	2.49%	-33.12%
0538	60 Neutral	HK$982.38M	19.75	-0.69%	9.36%	-7.18%	-110.84%
Sector *	57 Neutral	HK$26.04B	4.09	-2.03%	5.50%	-0.23%	-68.02%
9869	49 Neutral	HK$1.75B	21.54	-5.30%	31.65%	-39.22%	-142.05%
2150	47 Neutral	HK$2.53B	―	-20.95%	―	-6.61%	-5748.54%
1488	44 Neutral	HK$1.53B	―	-439.69%	―	-23.85%	-59.56%

Nayuki Holdings Ltd. Corporate Events

Nayuki Holdings Announces Successful AGM Resolutions

Nayuki Holdings Ltd. announced that all resolutions proposed at its Annual General Meeting held on June 27, 2025, were passed by shareholders. These resolutions included the adoption of the company’s audited financial statements, re-election of directors, re-appointment of KPMG as auditors, and granting mandates to the board for share issuance and repurchase. This successful passing of resolutions indicates strong shareholder support and positions the company for continued strategic actions in the market.

The most recent analyst rating on (HK:2150) stock is a Sell with a HK$1.16 price target. To see the full list of analyst forecasts on Nayuki Holdings Ltd. stock, see the HK:2150 Stock Forecast page.

Nayuki Holdings Enhances Governance with New Nomination Committee

Nayuki Holdings Limited has established a Nomination Committee as part of its corporate governance structure. This committee is responsible for overseeing the nomination process for directors and senior management, ensuring that the company adheres to the Listing Rules of The Stock Exchange of Hong Kong Limited. The formation of this committee is a strategic move to strengthen the company’s governance framework and enhance transparency in its leadership appointments, which may positively impact its market position and stakeholder confidence.

The most recent analyst rating on (HK:2150) stock is a Sell with a HK$1.16 price target. To see the full list of analyst forecasts on Nayuki Holdings Ltd. stock, see the HK:2150 Stock Forecast page.

Nayuki Holdings Ltd. Announces Board Composition and Roles

Nayuki Holdings Ltd. has announced the composition of its board of directors, highlighting the roles and functions of its executive and independent non-executive directors. This announcement provides clarity on the governance structure of the company, potentially impacting its strategic direction and reassuring stakeholders about its leadership stability.

The most recent analyst rating on (HK:2150) stock is a Sell with a HK$1.16 price target. To see the full list of analyst forecasts on Nayuki Holdings Ltd. stock, see the HK:2150 Stock Forecast page.

Nayuki Holdings Announces Changes to Nomination Committee

Nayuki Holdings Limited, a company incorporated in the Cayman Islands, has announced changes to its Nomination Committee. Effective June 27, 2025, Mr. Zhao Lin will no longer serve as the chairman of the Nomination Committee, with Mr. Xie Yongming taking over the role. Additionally, Ms. Peng Xin has been appointed as a member of the Nomination Committee. These changes reflect a strategic adjustment in the company’s governance structure, potentially impacting its decision-making processes and stakeholder relations.

The most recent analyst rating on (HK:2150) stock is a Sell with a HK$1.16 price target. To see the full list of analyst forecasts on Nayuki Holdings Ltd. stock, see the HK:2150 Stock Forecast page.

Nayuki Holdings Ltd. Announces AGM and Key Resolutions for 2025

Nayuki Holdings Ltd. has announced its upcoming Annual General Meeting (AGM) scheduled for June 27, 2025, in Shenzhen, PRC. The meeting will address several key resolutions, including the adoption of the company’s audited financial statements for 2024, the re-election of directors, and the re-appointment of KPMG as the company’s auditor. Additionally, the board seeks approval to exercise powers to issue additional shares, subject to specific conditions. These resolutions are significant for Nayuki’s operational governance and shareholder engagement, potentially impacting its strategic direction and market position.

The most recent analyst rating on (HK:2150) stock is a Sell with a HK$1.16 price target. To see the full list of analyst forecasts on Nayuki Holdings Ltd. stock, see the HK:2150 Stock Forecast page.

Nayuki Holdings Announces Change in Company Secretary and Authorized Representative

Nayuki Holdings Limited announced a change in its company secretary and authorized representative, with Ms. Shi Chao resigning and Ms. Yung Mei Yee being appointed to the roles effective May 17, 2025. Ms. Yung brings over 20 years of experience in corporate governance and compliance, and her appointment is expected to strengthen Nayuki’s corporate governance framework.

The most recent analyst rating on (HK:2150) stock is a Sell with a HK$1.16 price target. To see the full list of analyst forecasts on Nayuki Holdings Ltd. stock, see the HK:2150 Stock Forecast page.