Crystal International Group Limited (HK:2232)
:2232
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Crystal International Group Limited
(2232)
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Rating:71Outperform
Price Target:
HK$8.00
▲(25.98% Upside)
Action:UpgradedDate:11/13/25
The overall score of 71 for Crystal International Group Limited reflects a balanced outlook, driven primarily by strong financial performance in revenue growth and balance sheet stability, tempered by significant concerns over negative free cash flow. Positive technical indicators with an upward price trend and a reasonable valuation with an attractive dividend yield further support the score. Financial performance remains the most impactful factor due to its higher weight and mixed results.
Positive Factors
Revenue Growth
The company's consistent revenue growth reflects its strong market position and ability to attract and retain major clients, ensuring long-term business stability.
Negative Factors
Cash Flow Management
Challenges in cash flow management can limit the company's ability to fund operations and invest in growth, posing a risk to long-term financial health.
Read all positive and negative factors
Positive Factors
Negative Factors
Revenue Growth
The company's consistent revenue growth reflects its strong market position and ability to attract and retain major clients, ensuring long-term business stability.
Read all positive factors
Crystal International Group Limited (2232) vs. iShares MSCI Hong Kong ETF (EWH)
Market Cap
HK$17.32B
Dividend Yield5.87%
Average Volume (3M)3.52M
Price to Earnings (P/E)10.9
Beta (1Y)0.55
Revenue Growth14.76%
EPS Growth23.04%
CountryHK
Employees75,000
SectorConsumer Cyclical
Sector Strength84
IndustryApparel - Manufacturers
Share Statistics
EPS (TTM)0.35
Shares Outstanding2,852,822,000
10 Day Avg. Volume3,417,507
30 Day Avg. Volume3,523,036
Financial Highlights & Ratios
PEG Ratio0.35
Price to Book (P/B)1.05
Price to Sales (P/S)0.65
P/FCF Ratio-493.76
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
HK$8.35Price Target Upside31.43% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering5
EPS Forecast (FY)0.09
Revenue Forecast (FY)HK$2.86B
Crystal International Group Limited Business Overview & Revenue Model
Company Description
Crystal International Group Limited (2232) is a leading global apparel manufacturer headquartered in Hong Kong. The company operates primarily in the textile and garment sectors, specializing in the production of high-quality clothing for various ...
How the Company Makes Money
Crystal International generates revenue primarily through the manufacturing and sale of apparel to global fashion brands and retailers. The company's revenue model is based on contracts with major clients, often involving bulk orders of garments t...
Crystal International Group Limited Financial Statement Overview
Summary
Income Statement
75
Positive
Balance Sheet
80
Positive
Cash Flow
40
Negative
| Breakdown | TTM | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 2.61B | 2.47B | 2.18B | 2.49B | 2.34B | 1.99B |
| Gross Profit | 515.37M | 486.22M | 417.78M | 477.62M | 447.61M | 385.87M |
| EBITDA | 317.28M | 300.88M | 248.03M | 295.71M | 260.81M | 202.19M |
| Net Income | 214.75M | 200.50M | 163.48M | 172.73M | 163.11M | 108.08M |
Balance Sheet | ||||||
| Total Assets | 2.34B | 2.25B | 1.97B | 1.89B | 1.96B | 1.78B |
| Cash, Cash Equivalents and Short-Term Investments | 638.03M | 573.46M | 607.14M | 455.06M | 401.27M | 383.43M |
| Total Debt | 146.38M | 174.70M | 89.89M | 132.52M | 198.43M | 202.49M |
| Total Liabilities | 797.28M | 719.01M | 535.66M | 549.67M | 666.18M | 618.13M |
| Stockholders Equity | 1.54B | 1.53B | 1.43B | 1.34B | 1.29B | 1.16B |
Cash Flow | ||||||
| Free Cash Flow | 930.00K | -3.25M | 269.05M | 257.40M | 124.46M | 265.88M |
| Operating Cash Flow | 61.92M | 105.54M | 312.97M | 349.15M | 189.86M | 323.85M |
| Investing Cash Flow | -192.30M | -167.93M | -88.42M | -135.48M | -84.99M | -43.39M |
| Financing Cash Flow | 12.92M | -53.85M | -134.74M | -144.58M | -93.71M | -161.06M |
Crystal International Group Limited Technical Analysis
Negative
6.35
Price Trends
6.99
Negative
6.99
Negative
6.53
Negative
Market Momentum
-0.32
Positive
34.36
Neutral
33.02
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For HK:2232, the sentiment is Negative. The current price of 6.35 is below the 20-day moving average (MA) of 6.51, below the 50-day MA of 6.99, and below the 200-day MA of 6.53, indicating a bearish trend. The MACD of -0.32 indicates Positive momentum. The RSI at 34.36 is Neutral, neither overbought nor oversold. The STOCH value of 33.02 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for HK:2232.
Crystal International Group Limited Peers Comparison
UnderperformOutperform
Sector (61)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
79 Outperform | HK$4.49B | 7.36 | 10.39% | 8.21% | 3.23% | -21.82% | |
78 Outperform | HK$48.00B | 10.31 | 21.66% | 6.15% | 5.51% | 3.90% | |
78 Outperform | HK$70.83B | 6.02 | 17.82% | 4.31% | 15.93% | 20.70% | |
74 Outperform | HK$10.70B | 15.15 | 7.16% | ― | -6.79% | 66.07% | |
71 Outperform | HK$17.32B | 10.91 | 14.30% | 5.87% | 14.76% | 23.04% | |
61 Neutral | $18.38B | 12.79 | -2.54% | 3.03% | 1.52% | -15.83% | |
47 Neutral | HK$1.55B | 6.53 | 4.73% | 8.06% | -2.44% | -5.98% |
* Consumer Cyclical Sector Average
HK:2232
Crystal International Group Limited
6.07
2.39
64.95%
HK:3998
Bosideng International Holdings
4.14
0.66
19.07%
HK:1382
Pacific Textiles Holdings
1.12
0.02
2.19%
HK:2313
Shenzhou International Group Holdings
47.12
3.19
7.27%
HK:1234
China Lilang Ltd.
3.75
0.60
18.97%
HK:2299
Billion Industrial Holdings Ltd.
5.07
0.69
15.75%
Crystal International Group Limited Corporate Events
Crystal International Sets March Board Meeting to Approve 2025 Annual Results
Jan 7, 2026
Crystal International Group Limited has scheduled a board meeting for 19 March 2026 to approve its audited annual results for the year ended 31 December 2025, decide on their publication, and consider the recommendation and payment of a final divi...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.