Pak Tak International Limited (2668) AI Stock Analysis

• Market Cap: HK$365.95M
• Dividend Yield: N/A
• Average Volume (3M): 27.06M
• Price to Earnings (P/E): ―
• Beta (1Y): -1.54
• Revenue Growth: 59.71%
• EPS Growth: 3.93%
• Country: HK
• Employees: 600
• Sector: Industrials
• Sector Strength: 84
• Industry: Apparel - Manufacturers
• EPS (TTM): -0.05
• Shares Outstanding: 5,630,000,000
• 10 Day Avg. Volume: 50,367,000
• 30 Day Avg. Volume: 27,057,533
• PEG Ratio: -0.20
• Price to Book (P/B): 0.72
• Price to Sales (P/S): 0.00
• P/FCF Ratio: -7.22
• 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: 41 Neutral
• Price Target: ―

Pak Tak International Limited's overall stock score is low due to severe financial performance issues, characterized by declining revenues, negative profitability, and high leverage. Technical indicators show bearish momentum, and valuation metrics reveal financial distress. The company faces substantial challenges in improving its financial health and market perception.

Pak Tak International Limited Business Overview & Revenue Model

Company Description

Pak Tak International Limited (2668) is a company primarily engaged in the manufacturing and trading of electronic products. The company operates within the electronics sector, focusing on the production and distribution of a range of electronic components and devices. Its core products include electronic parts, consumer electronics, and related accessories, catering to both domestic and international markets.

How the Company Makes Money

Pak Tak International Limited generates revenue through the sale of its electronic products and components. The company's key revenue streams include manufacturing contracts with electronics companies, sales of consumer electronics, and trading of electronic parts. These revenue streams are supported by strategic partnerships with suppliers and distributors, enabling the company to maintain a steady supply chain and expand its market reach. Additionally, the company may engage in joint ventures or collaborations with other firms to enhance its product offerings and enter new markets, thereby contributing to its overall earnings.

Pak Tak International Limited Financial Statement Overview

Summary

Pak Tak International Limited faces significant financial challenges across all verticals. Consistent revenue declines, negative profitability margins, and high leverage highlight operational inefficiencies and financial instability. The lack of positive cash flow and negative net income further stress the company's liquidity and sustainability. Strategic restructuring or external support may be required to stabilize and improve financial performance.

Income Statement

The company has shown significant revenue decline over recent years, with a steep drop in total revenue from 2020 to 2024. The gross profit margin has remained quite low, indicating challenges in managing cost of goods sold. Net profit margin is negative, with the company experiencing consistent net losses, highlighting profitability issues. Negative EBIT and EBITDA margins for recent years also reflect operational inefficiencies.

Balance Sheet

The balance sheet shows a high debt-to-equity ratio, indicating significant leverage which could pose financial risks. The equity ratio has been decreasing, reflecting potential financial instability. However, the company's total assets have seen fluctuations, with a recent increase in 2024, suggesting some asset base improvements. Return on equity is negative due to net losses, further emphasizing profitability challenges.

Cash Flow

Operating cash flow has been volatile, with recent years showing zero operating cash flow, which is concerning for liquidity and operational sustainability. Free cash flow has also been negative or zero, pointing towards insufficient cash generation to cover capital expenditures. The company lacks positive cash flow metrics, indicating potential liquidity constraints and challenges in maintaining operations without external financing.

Breakdown
Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement		Total Revenue
675.23M	427.77M	773.94M	2.11B	3.00B
	Gross Profit
34.46M	38.59M	84.13M	49.50M	72.19M
	EBIT
-201.32M	-174.38M	15.03M	47.70M	70.88M
	EBITDA
-8.18M	-160.28M	31.59M	51.82M	74.80M
	Net Income Common Stockholders
-229.20M	-201.75M	-14.26M	-5.65M	21.28M
Balance Sheet		Cash, Cash Equivalents and Short-Term Investments
76.51M	85.42M	38.12M	99.99M	392.63M
	Total Assets
1.82B	948.24M	1.33B	1.55B	1.86B
	Total Debt
759.36M	381.57M	470.93M	527.63M	665.78M
	Net Debt
737.63M	296.21M	433.24M	512.19M	547.15M
	Total Liabilities
1.21B	580.99M	758.88M	905.44M	1.33B
	Stockholders Equity
593.78M	367.25M	568.92M	646.41M	530.79M
Cash Flow		Free Cash Flow
0.00	43.55M	-56.73M	-240.97M	146.20M
	Operating Cash Flow
-55.76M	44.83M	-53.70M	-240.95M	146.22M
	Investing Cash Flow
0.00	75.56M	171.32M	158.04M	-290.78M
	Financing Cash Flow
0.00	-71.24M	-93.40M	-21.96M	149.46M

Pak Tak International Limited Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 0.07
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Positive
• RSI: Positive
• STOCH: Positive

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For HK:2668, the sentiment is Negative. The current price of 0.07 is below the 20-day moving average (MA) of 0.11, below the 50-day MA of 0.19, and below the 200-day MA of 0.37, indicating a bearish trend. The MACD of -0.04 indicates Positive momentum. The RSI at 26.67 is Positive, neither overbought nor oversold. The STOCH value of 17.50 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for HK:2668.

Pak Tak International Limited Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
0331	78 Outperform	HK$2.52B	5.26	49.10%	3.74%	3.11%	-2.34%
Sector *	66 Neutral	$4.44B	12.08	5.34%	5.82%	4.17%	-11.81%
2382	65 Neutral	$68.43B	23.28	11.45%	0.85%	18.80%	142.93%
1179	64 Neutral	€78.12B	23.75	28.95%	2.89%	4.79%	-11.38%
1196	45 Neutral	€10.14B	―	-26.60%	―	-46.56%	-1256.77%
1222	45 Neutral	€273.90M	―	-13.88%	1.90%	-22.76%	-630.56%
2668	41 Neutral	HK$365.95M	―	-47.70%	―	59.71%	3.93%

Pak Tak International Limited Corporate Events

Pak Tak International Limited Announces Board Composition and Roles

Pak Tak International Limited has announced the composition of its board of directors and their respective roles and functions. The board comprises executive, non-executive, and independent non-executive directors, with Mr. Liao Nangang serving as Chairman. The announcement outlines the membership of five board committees, highlighting the leadership roles of various directors, which is crucial for the company’s governance and strategic decision-making.

Pak Tak International Appoints Independent Non-Executive Director

Pak Tak International Limited announced the appointment of Ms. Li Yun as an independent non-executive director and member of the board committees. Ms. Li has confirmed her independence in accordance with the Listing Rules, having no financial or other interests in the company or its subsidiaries, ensuring her impartiality in her new role.

Pak Tak International Appoints New Independent Director to Strengthen Compliance

Pak Tak International Limited has announced the appointment of Ms. Li Yun as an independent non-executive director, effective April 7, 2025. Ms. Li will also join the company’s audit, remuneration, and nomination committees. With over 30 years of experience in accounting, finance, and management in China, Ms. Li brings significant expertise to her new role. Her appointment ensures the company complies with Hong Kong Stock Exchange listing rules, requiring at least three independent non-executive directors on the board and a majority of independent members in the audit committee.

Pak Tak International Limited Announces Board Composition and Roles

Pak Tak International Limited has announced the composition of its board of directors and their roles within the company. The board includes executive directors, a non-executive director, and independent non-executive directors, each serving on various committees such as the Audit, Remuneration, Nomination, Strategic, and Investment and Fund Raising Committees. This announcement provides clarity on the governance structure and leadership roles, which could impact the company’s strategic direction and operational efficiency.

Pak Tak International Announces Executive Director Resignation

Pak Tak International Limited has announced the resignation of Mr. Wang Jain from his position as an executive director, effective March 31, 2025. Mr. Wang is stepping down to focus on his personal business affairs and has confirmed no disagreements with the board. The company expressed gratitude for his contributions during his tenure.

Pak Tak International Reports Increased Revenue but Sustained Losses in 2024

Pak Tak International Limited announced its audited consolidated results for the year ending December 31, 2024, revealing a significant increase in revenue to HKD 674,764,000 from HKD 422,492,000 in 2023. Despite the revenue growth, the company reported a loss of HKD 229,199,000, attributed to factors such as a fair value loss on investment properties and impairment losses on goodwill, impacting its financial performance and stakeholder interests.