Hin Sang Group (International) Holding Co. Ltd. (6893) AI Stock Analysis

• Market Cap: HK$194.34M
• Dividend Yield: N/A
• Average Volume (3M): 3.20K
• Price to Earnings (P/E): ―
• Beta (1Y): 0.21
• Revenue Growth: -6.77%
• EPS Growth: -26.30%
• Country: HK
• Employees: 230
• Sector: Industrials
• Sector Strength: 91
• Industry: Household & Personal Products
• EPS (TTM): -0.04
• Shares Outstanding: 1,091,796,000
• 10 Day Avg. Volume: 1,000
• 30 Day Avg. Volume: 3,200
• PEG Ratio: 0.19
• Price to Book (P/B): 0.99
• Price to Sales (P/S): 0.00
• P/FCF Ratio: -17.59
• 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: 40 Underperform
• Price Target: ―

Hin Sang Group's overall stock score reflects significant financial and operational challenges. The company struggles with declining revenues, negative profitability, and high leverage, which are the most significant factors affecting its score. Technical indicators reinforce a negative outlook, with bearish momentum dominating. Additionally, the valuation is unappealing due to negative earnings and no dividend yield, further weighing down the overall score.

Hin Sang Group (International) Holding Co. Ltd. Business Overview & Revenue Model

Company Description

Hin Sang Group (International) Holding Co. Ltd. (6893) is a Hong Kong-based company primarily engaged in the healthcare and beauty sector. The company offers a wide range of products including health supplements, personal care products, and skin care treatments. It operates through multiple segments, focusing on the development, marketing, and distribution of proprietary and third-party brands. Hin Sang Group is committed to improving health and wellness by providing high-quality products that cater to diverse consumer needs.

How the Company Makes Money

Hin Sang Group (International) Holding Co. Ltd. generates revenue through the sale of its diverse product portfolio, which includes health supplements, personal care items, and skin care products. The company earns money by manufacturing and distributing these products under its own brands as well as through partnerships with other companies. Key revenue streams include retail sales, distribution agreements, and strategic collaborations with other health and beauty brands. The company's earnings are significantly influenced by its ability to effectively market its products, expand its distribution network, and maintain strong relationships with retailers and consumers in its target markets.

Hin Sang Group (International) Holding Co. Ltd. Financial Statement Overview

Summary

Hin Sang Group is facing financial difficulties characterized by declining revenues, negative profitability, and high leverage. Despite recent improvements in operating and free cash flows, the company must address its profitability and leverage to ensure long-term stability. The income statement indicates operational challenges, while the balance sheet reflects financial instability.

Income Statement

The company has experienced a decline in revenue over recent years, with a significant revenue drop from 2020 to 2023. The gross profit margin has decreased, reflecting potential pricing pressures or increased costs. The net profit margin is negative, indicating ongoing losses. EBIT and EBITDA margins are also negative, showing operational challenges.

Balance Sheet

Debt-to-equity ratio is high, indicating significant leverage and potential risk in fulfilling debt obligations. Return on equity (ROE) is negative, reflecting continued losses. The equity ratio has decreased, suggesting increasing liabilities relative to assets. Overall, the balance sheet shows financial instability.

Cash Flow

Operating cash flow has improved recently, indicating better cash generation from operations. Free cash flow has turned positive in the latest period, showing improved cash management. However, past negative free cash flow trends suggest historical cash challenges.

Breakdown
TTM	Mar 2024	Mar 2023	Mar 2022	Mar 2021	Mar 2020
Income Statement		Total Revenue
86.51M	92.62M	81.46M	120.55M	119.44M	176.21M
	Gross Profit
54.82M	57.41M	38.84M	69.08M	68.79M	118.39M
	EBIT
-31.14M	-22.13M	-36.82M	-15.83M	-29.18M	3.76M
	EBITDA
-22.92M	-3.58M	-17.05M	21.82M	-4.35M	-2.66M
	Net Income Common Stockholders
-45.13M	-36.70M	-49.49M	-11.91M	-31.95M	-19.79M
Balance Sheet		Cash, Cash Equivalents and Short-Term Investments
288.85M	19.35M	12.44M	17.58M	18.05M	15.09M
	Total Assets
899.89M	587.85M	618.28M	693.77M	711.82M	634.80M
	Total Debt
0.00	321.10M	318.42M	320.91M	345.50M	261.18M
	Net Debt
-288.85M	309.86M	307.64M	306.51M	330.36M	248.75M
	Total Liabilities
29.33M	378.52M	378.37M	391.97M	392.24M	297.74M
	Stockholders Equity
834.59M	208.84M	239.38M	301.59M	318.28M	332.37M
Cash Flow		Free Cash Flow
-11.17M	5.62M	-3.79M	23.65M	-53.16M	-146.21M
	Operating Cash Flow
-10.51M	6.29M	402.00K	23.99M	10.65M	16.65M
	Investing Cash Flow
-661.00K	-585.00K	-2.09M	15.20M	-63.72M	-161.98M
	Financing Cash Flow
16.05M	-4.87M	-93.00K	-41.67M	55.34M	95.09M

Hin Sang Group (International) Holding Co. Ltd. Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 0.18
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Negative
• RSI: Neutral
• STOCH: Negative

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For HK:6893, the sentiment is Negative. The current price of 0.18 is above the 20-day moving average (MA) of 0.18, below the 50-day MA of 0.19, and below the 200-day MA of 0.24, indicating a neutral trend. The MACD of >-0.01 indicates Negative momentum. The RSI at 46.84 is Neutral, neither overbought nor oversold. The STOCH value of 93.84 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for HK:6893.

Hin Sang Group (International) Holding Co. Ltd. Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
1113	71 Outperform	$115.32B	8.48	3.52%	5.72%	-3.04%	-20.01%
1112	66 Neutral	$7.91B	21.96	-0.91%	3.84%	-8.10%	-108.48%
Sector *	66 Neutral	$4.51B	12.29	5.40%	248.53%	4.14%	-12.41%
2199	56 Neutral	HK$1.90B	18.26	3.10%	3.03%	9.38%	-41.33%
0861	43 Neutral	$4.84B	―	-4.20%	2.44%	-10.06%	86.09%
6893	40 Underperform	HK$194.34M	―	-21.53%	―	-6.77%	-26.30%

Hin Sang Group (International) Holding Co. Ltd. Corporate Events

Hin Sang Group Announces Director Resignation

Hin Sang Group (International) Holding Co. Ltd. announced the resignation of Ms. Wong Wai Ling as a non-executive director, effective April 1, 2025, due to other business engagements. The company expressed gratitude for Ms. Wong’s contributions during her tenure and confirmed there are no disagreements or issues related to her departure that need to be addressed with the Hong Kong Stock Exchange or shareholders.

Hin Sang Group Announces New Board Composition and Committee Roles

Hin Sang Group (International) Holding Co. Ltd. has announced the composition of its board of directors effective from April 1, 2025. The board includes a mix of executive, non-executive, and independent non-executive directors, reflecting a diverse leadership structure. The company has also established three standing board committees, namely the Audit, Nomination, and Remuneration Committees, with specific directors assigned roles as members or chairpersons. This announcement is significant for stakeholders as it outlines the governance framework and leadership roles that will guide the company’s strategic direction and operational oversight.

Hin Sang Group Alters Joint Venture Funding Commitments

Hin Sang Group has entered into a supplemental agreement with Fullshare, altering the funding commitments for their joint venture focused on health products and services. The agreement relieves both parties from further funding obligations, with the company maintaining that this change will not adversely impact its business or financial position.