Eagle Nice (International) Holdings Ltd. (2368) AI Stock Analysis

• Market Cap: HK$2.08B
• Dividend Yield: 7.57%
• Average Volume (3M): 61.00K
• Price to Earnings (P/E): 9.4
• Beta (1Y): 0.15
• Revenue Growth: 13.52%
• EPS Growth: 4.95%
• Country: HK
• Employees: 18,600
• Sector: Consumer Cyclical
• Sector Strength: 84
• Industry: Apparel - Manufacturers
• EPS (TTM): 0.36
• Shares Outstanding: 574,180,000
• 10 Day Avg. Volume: 62,600
• 30 Day Avg. Volume: 61,000
• PEG Ratio: -0.52
• Price to Book (P/B): 1.31
• Price to Sales (P/S): 0.48
• P/FCF Ratio: -9.37
• 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: 63 Neutral
• Price Target: HK$4.00 ▲(8.11% Upside)

Eagle Nice (International) Holdings Ltd. scores moderately due to its stable revenue growth and attractive valuation with a low P/E ratio and high dividend yield. However, declining profitability margins and significant cash flow management issues pose risks. The technical analysis indicates a positive trend but warns of potential overbought conditions.

Positive Factors

Revenue Growth

Stable revenue growth indicates a consistent demand for the company's products, suggesting a solid market position and potential for future expansion.

Sustainability Initiatives

Investments in sustainability can enhance brand value and attract environmentally conscious clients, providing a competitive edge in the apparel industry.

Client Base Diversification

A diverse client base reduces dependency on any single customer, mitigating risks and ensuring steady revenue streams from multiple sources.

Negative Factors

Declining Profit Margins

Decreasing margins suggest challenges in cost management and pricing power, potentially impacting long-term profitability and competitiveness.

Increased Leverage

Higher leverage can constrain financial flexibility and increase risk, particularly if interest rates rise or cash flows do not improve.

Cash Flow Challenges

Cash flow issues can hinder the company's ability to fund operations and growth, necessitating improvements in cash management and operational efficiency.

Eagle Nice (International) Holdings Ltd. Business Overview & Revenue Model

Company Description

Eagle Nice (International) Holdings Limited, an investment holding company, manufactures and trades in sportswear and garments in Mainland China, the United States, Europe, Japan, and internationally. Its sportswear, such as down jackets, tracksuits, sweaters, sports pants, etc. Eagle Nice (International) Holdings Limited was founded in 1993 and is headquartered in Kwai Chung, Hong Kong.

How the Company Makes Money

Eagle Nice generates revenue primarily through the production and sale of its apparel products, leveraging contracts with various international brands that outsource their manufacturing needs. The company's revenue model is based on bulk orders, where it produces large quantities of clothing for clients, thereby benefiting from economies of scale. Key revenue streams include direct sales to established brands and retailers, as well as partnerships with fashion companies that require high-quality manufacturing. Additionally, the company invests in technology and sustainable practices, which can enhance its brand value and attract more clients, further contributing to its earnings.

Eagle Nice (International) Holdings Ltd. Financial Statement Overview

Summary

Eagle Nice (International) Holdings Ltd. demonstrates moderate financial performance with stable revenue growth but declining profitability margins. The balance sheet is relatively stable, though increased leverage poses a risk. Cash flow management is a significant concern, with negative free cash flow growth and operating cash flow. The company should focus on improving operational efficiency and cash flow generation to enhance financial stability.

Income Statement

Eagle Nice (International) Holdings Ltd. shows a moderate revenue growth rate of 6% in the latest year, with a declining trend in gross and net profit margins over the past few years. The EBIT and EBITDA margins have also decreased, indicating some pressure on operational efficiency. However, the company maintains a stable revenue base, which is a positive sign.

Balance Sheet

The company's debt-to-equity ratio has increased, indicating higher leverage, but it remains within a manageable range. Return on equity has decreased, reflecting reduced profitability. The equity ratio is stable, suggesting a balanced asset structure. Overall, the balance sheet shows moderate financial health with some leverage concerns.

Cash Flow

The cash flow statement reveals negative free cash flow growth and a negative operating cash flow, indicating cash management challenges. The free cash flow to net income ratio is unusually high due to negative free cash flow, suggesting potential liquidity issues. The company needs to improve its cash flow generation to support operations and growth.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	4.54B	4.81B	4.07B	4.05B	3.67B	3.25B
Gross Profit	739.70M	772.71M	748.69M	727.03M	617.27M	619.94M
EBITDA	496.85M	546.92M	546.10M	546.67M	459.27M	535.13M
Net Income	217.49M	217.20M	263.51M	292.64M	274.63M	313.56M
Balance Sheet
Total Assets	4.33B	3.97B	3.17B	3.07B	3.13B	2.57B
Cash, Cash Equivalents and Short-Term Investments	486.45M	387.39M	490.06M	516.53M	456.46M	442.99M
Total Debt	1.40B	1.47B	913.15M	634.63M	670.37M	437.53M
Total Liabilities	2.32B	2.15B	1.54B	1.39B	1.40B	1.02B
Stockholders Equity	1.94B	1.75B	1.58B	1.63B	1.67B	1.51B
Cash Flow
Free Cash Flow	-291.16M	-245.21M	-22.09M	413.82M	-29.06M	391.75M
Operating Cash Flow	-159.41M	-146.00K	229.27M	561.13M	182.72M	417.36M
Investing Cash Flow	-372.78M	-321.77M	-271.70M	-198.48M	-197.13M	18.79M
Financing Cash Flow	307.01M	234.93M	42.54M	-271.82M	15.04M	-317.12M

Eagle Nice (International) Holdings Ltd. Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 3.70
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Neutral
• STOCH: Positive

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For HK:2368, the sentiment is Positive. The current price of 3.7 is above the 20-day moving average (MA) of 3.57, above the 50-day MA of 3.49, and above the 200-day MA of 3.52, indicating a bullish trend. The MACD of 0.07 indicates Negative momentum. The RSI at 64.46 is Neutral, neither overbought nor oversold. The STOCH value of 9.27 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for HK:2368.

Eagle Nice (International) Holdings Ltd. Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
3818	68 Neutral	$2.82B	12.60	2.91%	6.32%	-4.65%	―
2199	67 Neutral	HK$2.45B	13.32	5.63%	1.94%	11.73%	28.38%
1982	64 Neutral	HK$2.62B	6.89	14.68%	10.87%	-0.95%	2.58%
2030	63 Neutral	HK$1.03B	32.15	2.21%	1.29%	-14.05%	20.05%
2368	63 Neutral	HK$2.08B	9.41	12.21%	7.57%	13.52%	4.95%
Sector *	61 Neutral	$18.38B	12.79	-2.54%	3.03%	1.52%	-15.83%
1382	59 Neutral	$1.72B	10.32	5.75%	9.68%	8.41%	0.84%

Eagle Nice (International) Holdings Ltd. Corporate Events

Eagle Nice Reports Strong Interim Results with Revenue and Profit Growth

Eagle Nice (International) Holdings Limited announced its interim financial results for the six months ending 30 September 2025, reporting an 11.4% increase in revenue to HK$3,323.9 million compared to the same period in 2024. Despite a slight decrease in gross profit margin from 17.1% to 16.5%, the profit attributable to owners rose by 11.6% to HK$204.5 million. The board declared an interim dividend of HK24 cents per share, reflecting the company’s strong financial performance and commitment to shareholder returns.

The most recent analyst rating on (HK:2368) stock is a Hold with a HK$4.00 price target. To see the full list of analyst forecasts on Eagle Nice (International) Holdings Ltd. stock, see the HK:2368 Stock Forecast page.

Eagle Nice Announces Interim Dividend for 2025

Eagle Nice (International) Holdings Ltd. announced an interim dividend of HKD 0.24 per share for the six months ending 30 September 2025, with a payment date set for 11 December 2025. This announcement reflects the company’s financial health and commitment to returning value to shareholders, potentially enhancing its market position and investor confidence.

The most recent analyst rating on (HK:2368) stock is a Hold with a HK$4.00 price target. To see the full list of analyst forecasts on Eagle Nice (International) Holdings Ltd. stock, see the HK:2368 Stock Forecast page.

Eagle Nice Schedules Board Meeting to Approve Interim Results and Dividend Decisions

Eagle Nice (International) Holdings Ltd. has announced a board meeting scheduled for November 12, 2025, to approve the interim results for the period ending September 30, 2025. The meeting will also address decisions regarding the declaration, recommendation, or payment of an interim dividend, which could impact shareholder returns and the company’s financial strategy.

The most recent analyst rating on (HK:2368) stock is a Hold with a HK$4.00 price target. To see the full list of analyst forecasts on Eagle Nice (International) Holdings Ltd. stock, see the HK:2368 Stock Forecast page.