Bortex Global Ltd. (8118) AI Stock Analysis

• Market Cap: HK$35.00M
• Dividend Yield: N/A
• Average Volume (3M): 111.47K
• Price to Earnings (P/E): ―
• Beta (1Y): -0.38
• Revenue Growth: -36.11%
• EPS Growth: 55.34%
• Country: HK
• Employees: 89
• Sector: Consumer Cyclical
• Sector Strength: 57
• Industry: Furnishings, Fixtures & Appliances
• EPS (TTM): -0.06
• Shares Outstanding: 500,000,000
• 10 Day Avg. Volume: 163,200
• 30 Day Avg. Volume: 111,466
• PEG Ratio: -0.04
• Price to Book (P/B): 0.54
• Price to Sales (P/S): 0.00
• P/FCF Ratio: 4.16
• 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: 32 Underperform
• Price Target: HK$0.00 ▼(-100.00%Downside)

Bortex Global Ltd. is facing significant financial challenges with declining revenues, persistent losses, and negative cash flows, which severely impact its financial performance. Technical analysis also points to bearish momentum, and valuation metrics highlight substantial risks. Overall, the stock score reflects these pressing challenges and the high-risk nature of the investment.

Bortex Global Ltd. Business Overview & Revenue Model

Company Description

Bortex Global Limited, an investment holding company, designs, manufactures, and trades in light-emitting diode (LED) lighting products in Canada, the United States, the People's Republic of China, Hong Kong, and internationally. The company offers LED decorative and string lights products, including straight line, icicle, beard garland, crab, wreath, flower, meteor shower, sphere, net, and smart string lights, as well as toy light and tree light series; LED commercial lighting products, such as tube lights, ceiling lamps, and light bulbs; and LED solar system series products. It serves retailers, wholesalers, real estate developers, and other fields, as well as agricultural technology production companies. Bortex Global Limited was incorporated in 2014 and is headquartered in Kwun Tong, Hong Kong.

How the Company Makes Money

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Bortex Global Ltd. Financial Statement Overview

Summary

Bortex Global Ltd. faces a difficult financial situation, characterized by declining revenues, persistent losses, and negative cash flows. The company's ability to sustain operations is compromised by its inability to generate profits and positive cash flow. While the balance sheet shows a manageable debt-to-equity ratio, the overall financial health is weak, with significant risks due to ongoing operational losses and negative cash flow trends.

Income Statement

Bortex Global Ltd. has faced significant revenue declines over the past few years, with total revenue dropping from $149.9M in 2022 to $33.1M in 2024, representing a steep negative growth trajectory. The company also exhibits negative EBIT and EBITDA margins, indicating operational inefficiencies and inability to cover operating costs. Furthermore, the net profit margin is deeply negative due to substantial net losses, which have persisted and worsened over recent years.

Balance Sheet

The balance sheet shows a moderate debt-to-equity ratio, slightly increasing from 0.09 in 2022 to 0.31 in 2024, which indicates a growing reliance on debt. Stockholders' equity has decreased significantly in line with asset reductions, but the equity ratio remains somewhat stable at around 64%. The declining trend in total assets is concerning and reflects the company's financial struggles.

Cash Flow

Cash flows for Bortex Global Ltd. present a challenging picture, with consistently negative free cash flow and operating cash flow over the past years, indicating severe liquidity issues. The free cash flow to net income ratio is negative due to ongoing losses and ineffective cash generation, further compounded by negative operating cash flow to net income ratio, highlighting operational inefficiencies.

Breakdown	TTM	Jun 2024	Jun 2023	Jun 2022	Jun 2021	Jun 2020
Income Statement
Total Revenue	36.99M	33.14M	70.56M	149.92M	200.91M	174.79M
Gross Profit	7.31M	4.84M	11.15M	33.27M	55.20M	50.20M
EBITDA	-12.27M	-28.81M	-62.11M	14.73M	40.09M	31.83M
Net Income	-15.46M	-32.15M	-69.94M	5.67M	24.13M	18.50M
Balance Sheet
Total Assets	96.44M	99.05M	138.78M	231.48M	228.88M	190.05M
Cash, Cash Equivalents and Short-Term Investments	11.10M	1.92M	18.03M	56.97M	58.91M	29.74M
Total Debt	17.37M	19.70M	15.22M	34.54M	38.44M	29.32M
Total Liabilities	31.70M	35.35M	40.36M	61.27M	62.77M	53.17M
Stockholders Equity	64.74M	63.70M	98.42M	170.21M	166.10M	136.88M
Cash Flow
Free Cash Flow	8.41M	-21.03M	-19.53M	-2.18M	24.23M	11.47M
Operating Cash Flow	8.41M	-21.03M	-19.29M	-915.00K	27.63M	11.87M
Investing Cash Flow	7.00K	8.00K	-237.00K	1.31M	-3.40M	-324.00K
Financing Cash Flow	-4.84M	5.01M	-19.01M	-1.91M	4.44M	1.71M

Bortex Global Ltd. Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 0.07
• 50DMA: Positive
• 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:8118, the sentiment is Positive. The current price of 0.07 is above the 20-day moving average (MA) of 0.06, above the 50-day MA of 0.07, and below the 200-day MA of 0.07, indicating a neutral trend. The MACD of <0.01 indicates Negative momentum. The RSI at 64.93 is Neutral, neither overbought nor oversold. The STOCH value of 92.31 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for HK:8118.

Bortex Global Ltd. Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
Sector *	63 Neutral	$16.62B	10.98	-6.98%	2.96%	1.73%	-24.23%
8547	54 Neutral	HK$56.65M	4.53	19.48%	―	30.56%	―
0396	51 Neutral	HK$78.39M	4.63	19.25%	―	20.86%	―
8125	51 Neutral	HK$46.96M	―	-32.68%	―	47.54%	91.35%
8222	41 Neutral	HK$18.94M	―	-73.41%	―	-4.84%	20.93%
8392	37 Underperform	HK$25.00M	―	-11.53%	―	8.53%	64.60%
8118	32 Underperform	HK$35.00M	―	-39.40%	―	-36.11%	55.34%