StarGlory Holdings Co., Ltd. (8213) AI Stock Analysis

• Market Cap: HK$94.36M
• Dividend Yield: N/A
• Average Volume (3M): 22.67K
• Price to Earnings (P/E): ―
• Beta (1Y): -0.37
• Revenue Growth: -58.36%
• EPS Growth: 6.25%
• Country: HK
• Employees: 56
• Sector: Consumer Cyclical
• Sector Strength: 84
• Industry: Restaurants
• EPS (TTM): -0.02
• Shares Outstanding: 555,057,600
• 10 Day Avg. Volume: 20,000
• 30 Day Avg. Volume: 22,666
• PEG Ratio: -0.30
• Price to Book (P/B): -1.80
• Price to Sales (P/S): 6.28
• P/FCF Ratio: 149.21
• 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
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 41 Neutral
• Price Target: HK$0.18 ▼(-45.15% Downside)
• Action: Reiterated Date: 02/27/26
• Date: Action: Reiterated 02/27/26

The score is driven primarily by very weak financial performance (sharp revenue decline, heavy losses, weak balance sheet with negative equity, and deteriorating free cash flow). Technicals add further pressure due to a clear downtrend and bearish momentum. Valuation provides limited offset because the negative P/E reflects ongoing losses and there is no dividend yield data.

Positive Factors

Diversified business model

StarGlory's exposure across logistics, real estate development and financial services provides multiple revenue engines and reduces dependence on a single cyclical market. This structural diversification supports resilience in cash flows and risk mitigation over a multi-month horizon.

Integrated logistics and property operations

Owning capabilities across warehousing, transport and property management creates recurring revenue from leases and logistics contracts and enables cross-selling. Operational integration supports margin stability and durable service demand, especially as e-commerce and supply-chain needs persist.

Relative cash conversion efficiency

Although absolute free cash flow has fallen, a relatively high free cash flow to net income ratio indicates management can convert reported losses into some cash. That underlying cash efficiency can preserve liquidity and extend runway during restructuring or recovery phases.

Negative Factors

Sharp revenue decline

A near 40% top-line decline materially reduces scale and operating leverage, weakening pricing power and the ability to cover fixed costs. Over several months this hampers margin recovery, undermines bargaining with customers/suppliers and complicates execution of turnarounds.

Negative equity and high leverage

Negative shareholders' equity and elevated leverage indicate a fragile capital structure, increasing refinancing and solvency risk. This limits financial flexibility to invest or absorb further shocks and raises the likelihood of needing external capital over the medium term.

Large losses and collapsing free cash flow

Sustained heavy losses and an 88% plunge in free cash flow growth signal deteriorating profitability and cash generation. These structural issues create ongoing funding needs, constrain strategic options, and increase dependency on external financing absent operational recovery.

StarGlory Holdings Co., Ltd. Business Overview & Revenue Model

Company Description

StarGlory Holdings Company Limited, an investment holding company, provides food and beverage services in the People's Republic of China and Hong Kong. It operates restaurants, cafés, and cake shops under the Italian Tomato brand name; the Japanese tonkatsu restaurants under the Ginza Bairin brand; and trades in skincare products. The company also offers franchise services and provides management services. As of March 31, 2022, it operated 5 cafés and 29 cake shops in Hong Kong. The company was formerly known as New Wisdom Holding Company Limited and changed its name to StarGlory Holdings Company Limited in April 2019. The company was incorporated in 2001 and is headquartered in Central, Hong Kong. StarGlory Holdings Company Limited is a subsidiary of Oceanic Fortress Holdings Limited.

How the Company Makes Money

StarGlory Holdings generates revenue through multiple streams, primarily from its logistics operations, which encompass warehousing and transportation services for various industries. The company also earns significant income from its real estate development projects, including sales and leasing of residential and commercial properties. Additionally, its financial services segment contributes to revenue through investment management and advisory services. Strategic partnerships with local and international businesses enhance its market reach and operational capabilities, further bolstering its earnings potential.

StarGlory Holdings Co., Ltd. Financial Statement Overview

Summary

Overall financials are weak: revenue fell sharply (-39.98%) with very large losses (net margin -59.55%) and negative EBIT/EBITDA margins. The balance sheet is especially concerning with negative shareholders’ equity and high leverage, while cash generation is deteriorating (free cash flow growth -88.22%).

Income Statement

StarGlory Holdings Co., Ltd. has experienced a significant decline in revenue over the past year, with a revenue growth rate of -39.98%. The company is facing substantial losses, as indicated by a net profit margin of -59.55% and negative EBIT and EBITDA margins. The gross profit margin has also decreased, indicating pressure on profitability. Overall, the income statement reflects a challenging financial position with declining revenues and profitability.

Balance Sheet

The balance sheet of StarGlory Holdings Co., Ltd. shows a concerning financial structure with negative stockholders' equity, resulting in a negative debt-to-equity ratio. The company has a high level of debt relative to its equity, which poses a risk to financial stability. Return on equity is positive but low, indicating limited returns for shareholders. The equity ratio is negative, reflecting a weak capital structure.

Cash Flow

StarGlory Holdings Co., Ltd. has seen a drastic decline in free cash flow growth, down by 88.22%. The operating cash flow to net income ratio is low, indicating challenges in converting income into cash. However, the free cash flow to net income ratio is relatively high, suggesting some efficiency in cash management despite overall negative cash flow trends.

Breakdown	Mar 2024	Mar 2023	Mar 2022	Mar 2021	Mar 2021
Income Statement
Total Revenue	37.42M	99.39M	162.51M	171.88M	187.88M
Gross Profit	16.10M	48.19M	86.98M	95.31M	108.32M
EBITDA	-9.51M	-691.00K	16.74M	11.50M	35.58M
Net Income	-22.28M	-16.20M	-12.39M	-19.81M	2.52M
Balance Sheet
Total Assets	46.28M	54.54M	72.74M	115.06M	129.84M
Cash, Cash Equivalents and Short-Term Investments	24.40M	21.23M	31.39M	61.47M	72.37M
Total Debt	139.09M	156.16M	166.18M	190.41M	182.19M
Total Liabilities	177.01M	187.76M	191.53M	221.52M	214.43M
Stockholders Equity	-130.73M	-133.22M	-116.78M	-105.20M	-84.59M
Cash Flow
Free Cash Flow	1.57M	8.35M	11.63M	6.01M	25.34M
Operating Cash Flow	1.59M	11.81M	13.28M	10.47M	30.32M
Investing Cash Flow	-13.00K	-11.68M	8.76M	-14.18M	-4.13M
Financing Cash Flow	2.49M	-11.16M	-40.73M	-17.63M	-36.83M

StarGlory Holdings Co., Ltd. Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 0.33
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Positive
• RSI: Neutral
• STOCH: Positive

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For HK:8213, the sentiment is Negative. The current price of 0.33 is above the 20-day moving average (MA) of 0.24, above the 50-day MA of 0.28, and above the 200-day MA of 0.32, indicating a bearish trend. The MACD of -0.02 indicates Positive momentum. The RSI at 32.24 is Neutral, neither overbought nor oversold. The STOCH value of 16.34 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for HK:8213.

StarGlory Holdings Co., Ltd. Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
Sector *	61 Neutral	$18.38B	12.79	-2.54%	3.03%	1.52%	-15.83%
2108	58 Neutral	HK$272.00M	14.53	3.56%	―	-4.47%	-58.44%
0703	52 Neutral	HK$91.65M	6.50	3.70%	―	0.41%	-43.14%
1181	52 Neutral	HK$231.35M	-5.30	-18.74%	5.15%	-9.92%	-1260.00%
0126	45 Neutral	HK$201.13M	-3.55	-1.85%	―	-6.71%	74.72%
8300	43 Neutral	HK$124.24M	67.14	―	―	-24.92%	―
8213	41 Neutral	HK$94.36M	-4.36	―	―	-58.36%	6.25%