Gemilang International Ltd. (HK:6163)
:6163
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Gemilang International Ltd.
(6163)
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Rating:44Neutral
Price Target:
HK$0.30
▲(7.50% Upside)
Action:ReiteratedDate:03/24/26
The score is held down primarily by weak fundamentals: despite a sharp revenue rebound, the company remains loss-making and is generating negative operating/free cash flow. Technicals are mixed and largely neutral, while valuation is also constrained by negative earnings and the absence of a dividend.
Positive Factors
Revenue Recovery
A sustained revenue rebound across 2024–2025 indicates recovering demand and improved order intake for bus bodies and parts. Durable top-line momentum supports better capacity utilization, underpins fixed-cost absorption, and increases the potential for margin recovery if controlled over the next several quarters.
Negative Factors
Negative cash generation
Persistent negative operating and free cash flows indicate the business is not self-funding its working capital or investments. Over months, this increases reliance on external financing, constrains reinvestment capacity, elevates liquidity risk, and can force dilutive or costly funding if trends persist.
Read all positive and negative factors
Positive Factors
Negative Factors
Revenue Recovery
A sustained revenue rebound across 2024–2025 indicates recovering demand and improved order intake for bus bodies and parts. Durable top-line momentum supports better capacity utilization, underpins fixed-cost absorption, and increases the potential for margin recovery if controlled over the next several quarters.
Read all positive factors
Gemilang International Ltd. (6163) vs. iShares MSCI Hong Kong ETF (EWH)
Market Cap
HK$78.76M
Dividend YieldN/A
Average Volume (3M)13.20K
Price to Earnings (P/E)―
Beta (1Y)0.07
Revenue Growth35.28%
EPS Growth25.28%
CountryHK
Employees256
SectorConsumer Cyclical
Sector Strength84
IndustryAuto - Parts
Share Statistics
EPS (TTM)-0.01
Shares Outstanding276,364,000
10 Day Avg. Volume13,200
30 Day Avg. Volume13,200
Financial Highlights & Ratios
PEG Ratio0.48
Price to Book (P/B)0.58
Price to Sales (P/S)0.34
P/FCF Ratio-2.70
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
Gemilang International Ltd. Business Overview & Revenue Model
Company Description
Gemilang International Limited designs, manufactures, and assembles buses and bus bodies in Malaysia and Singapore. Its products include single deck, double deck, and articulated city buses, as well as single deck, double deck, and high deck coach...
Gemilang International Ltd. Financial Statement Overview
Summary
Income Statement
44
Neutral
Balance Sheet
56
Neutral
Cash Flow
32
Negative
| Breakdown | Oct 2025 | Oct 2024 | Oct 2023 | Oct 2022 | Oct 2021 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 26.05M | 22.96M | 14.27M | 27.47M | 33.53M |
| Gross Profit | 4.53M | 4.21M | 2.19M | 4.92M | 5.42M |
| EBITDA | 595.78K | 594.00K | -1.53M | 144.00K | 2.55M |
| Net Income | -431.29K | -1.03M | -2.79M | -1.38M | 824.00K |
Balance Sheet | |||||
| Total Assets | 48.73M | 35.04M | 34.15M | 35.49M | 36.48M |
| Cash, Cash Equivalents and Short-Term Investments | 2.04M | 774.00K | 321.00K | 2.07M | 3.70M |
| Total Debt | 11.63M | 10.36M | 11.46M | 15.21M | 8.30M |
| Total Liabilities | 33.55M | 21.09M | 20.40M | 19.32M | 17.28M |
| Stockholders Equity | 15.22M | 13.99M | 13.75M | 16.17M | 19.20M |
Cash Flow | |||||
| Free Cash Flow | -3.25M | -1.83M | 1.41M | -6.39M | 3.98M |
| Operating Cash Flow | -2.94M | -1.46M | 1.42M | -2.25M | 4.72M |
| Investing Cash Flow | -250.75K | 3.84M | 801.00K | -4.60M | -645.00K |
| Financing Cash Flow | 4.27M | -1.18M | -3.44M | 6.25M | -5.05M |
Gemilang International Ltd. Technical Analysis
Negative
0.28
Price Trends
0.32
Negative
0.30
Negative
0.27
Positive
Market Momentum
>-0.01
Positive
26.11
Positive
27.94
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 0.28 is below the 20-day moving average (MA) of 0.30, below the 50-day MA of 0.32, and above the 200-day MA of 0.27, indicating a neutral trend. The MACD of >-0.01 indicates Positive momentum. The RSI at 26.11 is Positive, neither overbought nor oversold. The STOCH value of 27.94 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
UnderperformOutperform
Sector (61)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
61 Neutral | $18.38B | 12.79 | -2.54% | 3.03% | 1.52% | -15.83% | |
58 Neutral | HK$264.00M | 8.41 | 4.13% | 1.89% | 3.40% | 20.78% | |
54 Neutral | HK$339.79M | 18.77 | 1.91% | 3.18% | 9.51% | -21.71% | |
44 Neutral | HK$78.76M | -20.37 | -2.84% | ― | 35.28% | 25.28% | |
44 Neutral | HK$99.76M | -1.95 | -217.35% | ― | -38.26% | 35.05% | |
44 Neutral | HK$424.61M | 11.29 | 2.55% | 1.22% | 14.93% | 19.84% | |
42 Neutral | HK$346.00M | -8.23 | -0.14% | ― | 23.71% | -112.50% |
* Consumer Cyclical Sector Average
HK:6163
Gemilang International Ltd.
0.29
-0.02
-5.00%
HK:1148
Xinchen China Power Holdings Ltd.
0.27
0.12
79.05%
HK:1930
Shinelong Automotive Lightweight Application Limited
0.40
0.08
23.46%
HK:1991
Ta Yang Group Holdings Limited
0.58
-0.11
-15.94%
HK:6162
China Tianrui Automotive Interiors Co., Ltd.
0.17
0.10
147.14%
HK:6830
Huazhong In-Vehicle Holdings Company Limited
0.24
0.03
16.50%
Gemilang International Ltd. Corporate Events
Gemilang sets March 2026 AGM to approve results and expand share issue mandate
Feb 24, 2026
Gemilang International Limited has called its annual general meeting for 27 March 2026 in Hong Kong, where shareholders will vote on adopting the audited financial statements for the year ended 31 October 2025, re-electing directors, and reappoint...
Gemilang Sues Former Director Over Alleged Covenant Breach, Denies Links to Rival Firm
Feb 16, 2026
Gemilang International Limited has initiated legal proceedings in Malaysia against former executive director Phang Sun Wah, alleging he breached restrictive covenants in his appointment by holding positions and interests in competing businesses wh...
Gemilang Narrows Annual Loss as Bus Body and Parts Sales Lift Revenue
Jan 23, 2026
Gemilang International Limited reported an increase in revenue to approximately US$25.97 million for the year ended 31 October 2025, up from about US$22.96 million a year earlier, driven primarily by higher sales of bus bodies and kits and growth ...
Gemilang Schedules Board Meeting to Approve 2025 Annual Results and Consider Final Dividend
Jan 13, 2026
Gemilang International Limited has scheduled a board meeting for 23 January 2026 to review and approve the annual results of the company and its subsidiaries for the financial year ended 31 October 2025 and to consider the publication of those res...
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.