Unitas Holdings Limited (8020) AI Stock Analysis

• Market Cap: HK$54.87M
• Dividend Yield: N/A
• Average Volume (3M): 192.33K
• Price to Earnings (P/E): ―
• Beta (1Y): -1.43
• Revenue Growth: 49.67%
• EPS Growth: 86.36%
• Country: HK
• Employees: 79
• Sector: Industrials
• Sector Strength: 91
• Industry: Marine Shipping
• EPS (TTM): >-0.01
• Shares Outstanding: 2,612,959,200
• 10 Day Avg. Volume: 449,000
• 30 Day Avg. Volume: 192,333
• PEG Ratio: 0.45
• Price to Book (P/B): 1.90
• Price to Sales (P/S): 0.00
• P/FCF Ratio: 25.47
• 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: 47 Neutral
• Price Target: ―

Unitas Holdings Limited's overall stock score is impacted by its challenging financial performance, marked by negative cash flows and profitability issues. While the technical analysis indicates some upward potential, the valuation remains weak due to a high negative P/E ratio and lack of dividend yield. The absence of recent earnings call and corporate events data limits additional insights.

Unitas Holdings Limited Business Overview & Revenue Model

Company Description

Unitas Holdings Limited (8020) is a company primarily engaged in the provision of integrated textile services and the trading of textile-related products. The company operates through various segments, including the manufacturing and sale of textile products, as well as providing ancillary services related to textiles. Unitas Holdings Limited aims to deliver high-quality textiles and services to its clients, leveraging its expertise and experience in the textile industry.

How the Company Makes Money

Unitas Holdings Limited generates revenue through several key streams. The primary source of income is the manufacturing and sale of textile products, where the company produces a range of textiles for different applications and markets them to various clients. Additionally, the company offers integrated textile services, which may include logistics, supply chain management, and other value-added services that enhance their product offerings. Significant partnerships with suppliers and clients help the company to maintain a steady flow of income, while strategic positioning in the textile industry allows it to capitalize on market trends and demands. The company's revenue model is heavily reliant on maintaining quality and competitive pricing to ensure continuous business growth.

Unitas Holdings Limited Financial Statement Overview

Summary

Unitas Holdings Limited faces significant financial challenges, with declining revenues, persistent net losses, and negative cash flow trends. However, it maintains a strong cash position relative to debt, improved gross profit margins, and a solid equity base.

Income Statement

Unitas Holdings Limited has shown mixed performance in the income statement. The gross profit margin has improved over the years, reaching 20.71% in 2024, indicating better cost management. However, the company struggles with profitability as evidenced by negative net income and EBIT margins, with a net profit margin of -0.21% and EBIT margin of -0.10% in 2024. Revenue has declined by 3.10% from 2023 to 2024, which could be a concern if the trend continues.

Balance Sheet

The balance sheet shows a relatively low debt-to-equity ratio of 0.08 in 2024, suggesting conservative leverage. Return on equity remains negative due to consistent net losses, but the equity ratio stands at 28.62% indicating a solid equity base compared to total assets. The company’s cash position appears strong with cash and short-term investments exceeding total debt, which may provide some financial stability.

Cash Flow

Cash flow analysis reveals challenges in generating positive cash flow. Operating cash flow has declined from a positive $2.02 million in 2023 to a negative $2.34 million in 2024. Free cash flow also declined from positive to negative in the same period, indicating potential cash management issues. The operating cash flow to net income ratio is negative, reflecting challenges in converting income into cash.

Breakdown	TTM	Mar 2024	Mar 2023	Mar 2022	Mar 2021	Mar 2020
Income Statement
Total Revenue	109.27M	88.18M	90.99M	47.94M	7.17M	49.50M
Gross Profit	18.96M	18.27M	11.15M	8.75M	3.15M	5.82M
EBITDA	-89.00K	902.00K	318.00K	-1.69M	-2.99M	-33.36M
Net Income	-849.00K	-187.00K	-1.03M	-4.97M	-8.15M	-39.51M
Balance Sheet
Total Assets	52.19M	66.19M	40.98M	51.57M	33.26M	53.63M
Cash, Cash Equivalents and Short-Term Investments	16.86M	25.21M	29.03M	28.43M	26.54M	1.30M
Total Debt	6.71M	1.46M	2.13M	3.66M	5.05M	18.86M
Total Liabilities	35.22M	46.82M	21.70M	30.99M	17.16M	29.41M
Stockholders Equity	16.55M	18.95M	19.28M	20.58M	16.10M	24.22M
Cash Flow
Free Cash Flow	-7.40M	-3.43M	1.44M	-6.87M	39.74M	-6.99M
Operating Cash Flow	-6.31M	-2.34M	2.02M	-6.15M	41.46M	-5.39M
Investing Cash Flow	-4.13M	-1.09M	758.00K	-718.00K	-2.28M	-342.00K
Financing Cash Flow	-166.00K	-197.00K	-2.13M	8.76M	-13.79M	2.10M

Unitas Holdings Limited Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 0.02
• 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:8020, the sentiment is Negative. The current price of 0.02 is equal to the 20-day moving average (MA) of 0.02, below the 50-day MA of 0.02, and below the 200-day MA of 0.02, indicating a neutral trend. The MACD of >-0.01 indicates Negative momentum. The RSI at 34.92 is Neutral, neither overbought nor oversold. The STOCH value of 42.86 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for HK:8020.

Unitas Holdings Limited Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
Sector *	58 Neutral	HK$14.16B	4.43	-3.01%	7.12%	3.67%	-54.16%
8020	47 Neutral	HK$54.87M	―	-260.65%	―	49.67%	86.36%
8035	47 Neutral	HK$52.20M	―	-35.61%	―	-5.60%	-1.32%
8172	45 Neutral	HK$132.59M	―	-26.83%	―	-81.56%	26.00%
8112	42 Neutral	HK$32.12M	―	-17.03%	―	-6.86%	56.93%
8153	38 Underperform	HK$28.61M	―	-80.09%	―	-21.64%	-43.56%
8156	25 Underperform	HK$137.51M	―		―	-11.42%	26.75%