Great Harvest Maeta Holdings Limited (3683) AI Stock Analysis

• Market Cap: HK$88.59M
• Dividend Yield: N/A
• Average Volume (3M): 59.00K
• Price to Earnings (P/E): ―
• Beta (1Y): -0.25
• Revenue Growth: 4.07%
• EPS Growth: -44.88%
• Country: HK
• Employees: 79
• Sector: Industrials
• Sector Strength: 72
• Industry: Marine Shipping
• EPS (TTM): -0.02
• Shares Outstanding: 952,613,500
• 10 Day Avg. Volume: 111,750
• 30 Day Avg. Volume: 59,000
• PEG Ratio: -0.03
• Price to Book (P/B): 1.95
• Price to Sales (P/S): 0.91
• P/FCF Ratio: -303.11
• 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
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 39 Underperform
• Price Target: HK$0.00 ▼(-100.00% Downside)

The overall stock score is heavily influenced by significant financial challenges, including declining revenues, persistent losses, and high leverage. Technical analysis indicates bearish momentum, with the stock trading below key moving averages and oversold conditions. Valuation metrics further highlight financial difficulties, with a negative P/E ratio and no dividend yield.

Great Harvest Maeta Holdings Limited Business Overview & Revenue Model

Company Description

Great Harvest Maeta Holdings Limited (3683) is a prominent player in the food and beverage industry, primarily focused on the production and distribution of high-quality food products. The company operates in various sectors, including bakery goods, snacks, and other processed foods, catering to both retail and wholesale markets. Great Harvest is known for its commitment to quality and innovation, offering a diverse range of products that meet the evolving tastes and preferences of consumers.

How the Company Makes Money

Great Harvest Maeta Holdings Limited generates revenue through multiple streams, primarily from the sales of its food products, which include freshly baked goods, packaged snacks, and other processed items. The company leverages a combination of direct-to-consumer sales through its retail outlets and partnerships with supermarkets and distributors to expand its market reach. Additionally, Great Harvest may engage in private label manufacturing for other food brands, providing a steady source of income. Strategic partnerships with local suppliers and distributors also enhance its supply chain efficiency, helping to reduce costs and increase profit margins. The company's focus on quality and innovation, along with effective marketing strategies, contributes significantly to its overall earnings.

Great Harvest Maeta Holdings Limited Financial Statement Overview

Summary

Great Harvest Maeta Holdings Limited faces significant financial challenges. The income statement reflects declining revenues and persistent losses. The balance sheet shows high leverage and negative equity returns. Cash flow issues further exacerbate the company's financial instability, indicating a need for strategic restructuring.

Income Statement

The income statement shows a concerning trend with declining revenue and negative profit margins over the years. The gross profit margin turned negative in the latest year, and net profit margin has been consistently negative, indicating ongoing losses. Revenue growth has been negative, reflecting a shrinking top line. These factors suggest significant challenges in generating profits and managing costs.

Balance Sheet

The balance sheet reveals a high debt-to-equity ratio, which has increased significantly, indicating high leverage and potential financial risk. Return on equity is negative, reflecting losses and poor returns for shareholders. The equity ratio is low, suggesting limited equity financing relative to total assets. Overall, the balance sheet indicates financial instability and high reliance on debt.

Cash Flow

Cash flow analysis shows negative free cash flow growth and a low free cash flow to net income ratio, indicating challenges in generating cash from operations. The operating cash flow to net income ratio is low, further highlighting inefficiencies in converting income to cash. These factors suggest liquidity issues and difficulties in sustaining operations without external financing.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	18.37M	14.04M	13.45M	18.23M	21.56M	12.45M
Gross Profit	864.00K	-1.10M	510.00K	2.05M	10.57M	1.15M
EBITDA	2.86M	-2.23M	4.63M	-3.44M	31.25M	2.24M
Net Income	-7.92M	-10.38M	-7.13M	-17.09M	24.72M	-3.26M
Balance Sheet
Total Assets	103.16M	92.74M	115.21M	132.99M	153.73M	131.03M
Cash, Cash Equivalents and Short-Term Investments	1.67M	167.00K	1.10M	2.06M	2.88M	316.00K
Total Debt	58.68M	57.08M	63.07M	72.49M	74.51M	80.62M
Total Liabilities	88.19M	81.92M	92.75M	102.25M	102.00M	105.73M
Stockholders Equity	10.57M	6.52M	18.05M	26.51M	47.14M	20.84M
Cash Flow
Free Cash Flow	1.07M	-42.00K	2.19M	4.47M	10.37M	-353.00K
Operating Cash Flow	3.21M	1.43M	2.86M	6.12M	12.06M	2.55M
Investing Cash Flow	14.89M	4.49M	10.33M	-1.55M	-1.77M	-2.90M
Financing Cash Flow	-18.55M	-6.81M	-14.18M	-5.21M	-7.82M	307.00K

Great Harvest Maeta Holdings Limited Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 0.09
• 50DMA: Positive
• 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:3683, the sentiment is Positive. The current price of 0.09 is above the 20-day moving average (MA) of 0.09, above the 50-day MA of 0.09, and below the 200-day MA of 0.11, indicating a neutral trend. The MACD of <0.01 indicates Negative momentum. The RSI at 58.57 is Neutral, neither overbought nor oversold. The STOCH value of 74.01 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for HK:3683.

Great Harvest Maeta Holdings Limited Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
2682	72 Outperform	HK$141.00M	7.12	7.34%	5.62%	11.53%	-37.34%
Sector *	63 Neutral	$10.79B	15.43	7.44%	2.01%	2.89%	-14.66%
1719	59 Neutral	HK$569.27M	48.53	1.52%	―	19.79%	-33.33%
1145	53 Neutral	HK$166.85M	―	-2.23%	―	-11.79%	25.41%
1549	53 Neutral	HK$179.80M	23.67	3.67%	―	17.91%	―
0351	46 Neutral	€588.52M	-25.43	-20.27%	―	-37.93%	-152.17%
3683	39 Underperform	HK$88.59M	―	-84.30%	―	4.07%	-44.88%

Great Harvest Maeta Holdings Limited Corporate Events

Great Harvest Maeta Holdings Announces Leadership Restructuring

Great Harvest Maeta Holdings Limited announced significant changes in its board and committee compositions, effective from September 19, 2025. Ms. Lam Kwan has resigned from her roles as an executive director, chairperson, and various representative positions to focus more on the company’s business strategy and operations, though she will remain as CEO. Mr. Yan Yui Ham and Mr. Sze Wing Kin Pierre have been appointed to new roles, indicating a strategic shift in leadership to bolster the company’s operational management and governance.

Great Harvest Maeta Holdings Unanimously Passes AGM Resolutions

Great Harvest Maeta Holdings Limited announced that all ordinary resolutions proposed at their Annual General Meeting held on 27 August 2025 were passed unanimously. This includes the approval of the audited financial statements, re-election of directors, re-appointment of the company’s auditor, and granting a mandate to issue additional shares, reflecting strong shareholder support and stability in the company’s governance and financial oversight.

Great Harvest Maeta Holdings Implements Financial Measures to Address Disclaimer of Opinion

Great Harvest Maeta Holdings Limited has implemented several measures to improve its financial position and liquidity, addressing a disclaimer of opinion in its annual report. These measures include the sale of a vessel to repay debt, ongoing negotiations with bondholders for settlement proposals, and financial support from its ultimate holding company. These actions aim to stabilize the company’s operations and reassure stakeholders of its financial health.