Gemilang International Ltd. (6163) AI Stock Analysis

• Market Cap: HK$51.40M
• Dividend Yield: N/A
• Average Volume (3M): 22.20K
• Price to Earnings (P/E): ―
• Beta (1Y): 0.29
• Revenue Growth: 35.28%
• EPS Growth: 25.28%
• Country: HK
• Employees: 256
• Sector: Consumer Cyclical
• Sector Strength: 61
• Industry: Auto - Parts
• EPS (TTM): <0.01
• Shares Outstanding: 276,364,000
• 10 Day Avg. Volume: 7,600
• 30 Day Avg. Volume: 22,200
• PEG Ratio: -1.00
• Price to Book (P/B): 0.66
• Price to Sales (P/S): 0.00
• P/FCF Ratio: -3.85
• Enterprise Value/Market Cap: 0.33
• Enterprise Value/Revenue: 0.23
• Enterprise Value/Gross Profit: 3.98
• Enterprise Value/Ebitda: -2.92
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0

• Rating: 42 Neutral
• Price Target: ―

Gemilang International Ltd. faces notable financial and technical challenges, with a primary focus on its financial performance issues and bearish technical trends. The negative valuation metrics further contribute to the low overall score.

Gemilang International Ltd. Business Overview & Revenue Model

Company Description

Gemilang International Ltd. (6163) is a company that operates in the manufacturing sector, specializing in the design and production of bus bodies and related components. The company primarily serves the public and private transportation sectors by providing high-quality, customized bus products that meet varying customer needs and specifications. With a commitment to innovation and sustainability, Gemilang International Ltd. leverages advanced manufacturing techniques to deliver efficient and environmentally friendly transportation solutions.

How the Company Makes Money

Gemilang International Ltd. generates revenue primarily through the sale of its bus bodies and components to transportation operators and manufacturers. The company's key revenue streams include direct sales of customized bus bodies, which are tailored to meet the specific requirements of its clients. Additionally, Gemilang may engage in partnerships with major bus manufacturers to supply components or collaborate on projects, potentially enhancing its market reach and sales opportunities. Factors such as the company's ability to innovate and meet regulatory standards also play a significant role in its earnings, as they can influence customer demand and market competitiveness.

Gemilang International Ltd. Financial Statement Overview

Summary

Gemilang International Ltd. is facing significant financial challenges. The income statement reveals declining revenue and profitability, while the balance sheet shows increased leverage. Cash flow constraints further highlight liquidity concerns. While there are some signs of recovery, particularly in revenue and profitability margins in 2024, the company must address its cash flow and leverage issues to improve financial health and stability.

Income Statement

Gemilang International Ltd. has shown a significant decline in revenue over the years, with a sharp drop from 2019 to 2023 and a slight recovery in 2024. The gross profit margin decreased from 20.27% in 2019 to 18.31% in 2024. The net profit margin is negative in recent years, indicating profitability challenges. The EBIT and EBITDA margins have also deteriorated, although they improved slightly in 2024 compared to 2023. Despite some recovery, the company continues to face profitability issues.

Balance Sheet

The company's balance sheet shows a stable equity position, with stockholders' equity slightly increasing from 2019 to 2024. The debt-to-equity ratio was relatively stable but rose in 2024, indicating increased leverage. The equity ratio remains moderate, suggesting a balanced asset structure, but the rise in total debt is a concern for financial stability.

Cash Flow

Gemilang International Ltd. has experienced fluctuating cash flows, with negative free cash flow in 2024, after a positive turn in 2023. The operating cash flow to net income ratio has been negative, highlighting cash generation challenges. The free cash flow to net income ratio also reflects these difficulties, indicating potential liquidity issues.

Breakdown	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	22.96M	14.27M	27.47M	33.53M	31.15M
Gross Profit	4.21M	2.19M	4.92M	5.42M	5.69M
EBITDA	594.00K	-1.53M	144.00K	2.55M	1.97M
Net Income	-1.03M	-2.79M	-1.38M	824.00K	417.00K
Balance Sheet
Total Assets	35.04M	34.15M	35.49M	36.48M	44.12M
Cash, Cash Equivalents and Short-Term Investments	774.00K	321.00K	2.07M	1.43M	1.93M
Total Debt	10.36M	11.46M	15.21M	8.30M	11.97M
Total Liabilities	21.09M	20.40M	19.32M	17.28M	24.20M
Stockholders Equity	13.99M	13.75M	16.17M	19.20M	19.92M
Cash Flow
Free Cash Flow	-1.83M	1.41M	-6.39M	3.98M	-2.71M
Operating Cash Flow	-1.46M	1.42M	-2.25M	4.72M	-2.64M
Investing Cash Flow	3.84M	801.00K	-4.60M	-645.00K	31.00K
Financing Cash Flow	-1.18M	-3.44M	6.25M	-5.05M	-65.00K

Gemilang International Ltd. Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 0.19
• 50DMA: Negative
• 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:6163, the sentiment is Negative. The current price of 0.19 is below the 20-day moving average (MA) of 0.19, below the 50-day MA of 0.20, and below the 200-day MA of 0.22, indicating a bearish trend. The MACD of >-0.01 indicates Negative momentum. The RSI at 46.23 is Neutral, neither overbought nor oversold. The STOCH value of 44.44 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for HK:6163.

Gemilang International Ltd. Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
1930	67 Neutral	HK$260.70M	14.96	4.62%	1.82%	6.62%	-23.92%
1148	58 Neutral	€256.44M	6.19	2.17%	4.85%	12.21%	-9.01%
Sector *	56 Neutral	HK$23.37B	3.96	-1.56%	6.69%	0.06%	-64.88%
6830	54 Neutral	HK$424.61M	9.34	3.02%	1.27%	-2.00%	7.08%
6162	49 Neutral	HK$250.00M	113.64	0.80%	―	-2.97%	-42.11%
6163	42 Neutral	HK$51.40M	―	-11.68%	―	35.28%	25.28%
1991	38 Underperform	HK$107.51M	―	-137.28%	―	-20.08%	27.74%

Gemilang International Ltd. Corporate Events

Gemilang International Reports Increased Revenue but Lower Profit for H1 2025

Gemilang International Ltd. reported its unaudited interim results for the six months ending April 30, 2025, showing a revenue increase to USD 11.7 million from USD 8.8 million in the same period of 2024. Despite the revenue growth, the company’s profit before income tax decreased to USD 152,000 from USD 962,000, primarily due to higher costs and reduced other income. The total comprehensive income for the period was USD 277,000, with a notable positive impact from exchange differences on translation of financial statements of overseas subsidiaries.

Gemilang International Announces Changes to Nomination Committee

Gemilang International Limited, a company incorporated in the Cayman Islands, announced a change in the composition of its nomination committee in response to an amended corporate governance code. Effective 20 June 2025, Mr. Huan Yean San will step down as a member of the Nomination Committee, and Ms. Kwok Yuen Lam Sophia will join as a new member. This change aligns with the upcoming regulations set to take effect on 1 July 2025. The board expressed gratitude to Mr. Huan for his contributions and welcomed Ms. Kwok to her new role.

Gemilang International Limited Announces Board Composition and Committee Roles

Gemilang International Limited, a company incorporated in the Cayman Islands, has announced the composition of its board of directors and their roles within the organization. The board consists of both executive and independent non-executive directors, with Mr. Pang Chong Yong serving as the Chairman and CEO. The company has also detailed the membership of its three board committees: Audit, Remuneration, and Nomination, highlighting the roles of each director within these committees. This announcement provides clarity on the leadership structure of Gemilang International Limited, which may influence its strategic direction and governance practices.

Gemilang International Ltd. Forms Nomination Committee to Enhance Board Diversity

Gemilang International Ltd. has established a Nomination Committee to oversee the selection and recommendation of candidates for its board of directors. This committee will focus on ensuring board diversity in terms of gender, age, cultural background, and skills, while also assessing the independence of its non-executive directors. The move is aimed at aligning the board’s composition with the company’s corporate strategy and values, potentially impacting its governance and operational effectiveness.

Gemilang International Schedules Board Meeting for Interim Results

Gemilang International Limited has announced a board meeting scheduled for June 20, 2025, to consider and approve the interim results for the six months ending April 30, 2025, along with the potential declaration of an interim dividend. This announcement indicates the company’s ongoing commitment to transparency and shareholder engagement, as the board will review financial performance and possibly reward shareholders with dividends.