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Wan Cheng Metal Packaging Company Limited (HK:8291)
:8291
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Wan Cheng Metal Packaging Company Limited
(8291)
Select Model
Select Model
Rating:48Neutral
Price Target:
HK$0.00
▼(-100.00% Downside)
The overall stock score reflects significant financial weaknesses, with a precarious balance sheet and unstable cash flows being the most impactful factors. While technical indicators show some positive momentum, the valuation is mixed, with a low P/E ratio but no dividend yield. The lack of earnings call and corporate events data limits further insights.
Wan Cheng Metal Packaging Company Limited (8291) vs. iShares MSCI Hong Kong ETF (EWH)
Market Cap
HK$15.73M
Dividend YieldN/A
Average Volume (3M)21.90K
Price to Earnings (P/E)3.6
Beta (1Y)0.94
Revenue Growth-44.08%
EPS GrowthN/A
CountryHK
Employees75
SectorConsumer Cyclical
Sector Strength84
IndustryPackaging & Containers
Share Statistics
EPS (TTM)>-0.01
Shares Outstanding53,333,332
10 Day Avg. Volume0
30 Day Avg. Volume21,899
Financial Highlights & Ratios
PEG Ratio0.05
Price to Book (P/B)-0.26
Price to Sales (P/S)0.44
P/FCF Ratio2.80
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 ConsensusHold
Number of Analyst Covering0
Wan Cheng Metal Packaging Company Limited Business Overview & Revenue Model
Company DescriptionHong Kong Entertainment International Holdings Ltd. engages in the manufacture of tinplate packaging products. Its major products are tin cans and steel pails, which are generally used for storing paint and coatings. The company was founded on April 21, 2016, and is headquartered in Hong Kong.
How the Company Makes MoneyWan Cheng Metal Packaging Company Limited generates revenue primarily through the sale of its metal packaging products. The company's key revenue streams include direct sales to manufacturers and distributors in the food and beverage industry, as well as other sectors requiring durable packaging solutions. Significant factors contributing to its earnings include its ability to maintain strong relationships with key clients, efficient manufacturing processes, and the capability to deliver customized packaging solutions that meet specific client needs. Additionally, the company may engage in partnerships or collaborations to expand its market reach and enhance its product offerings, though specific details on such partnerships are unavailable.
Wan Cheng Metal Packaging Company Limited Financial Statement Overview
Summary
The company faces significant financial challenges with a weak profitability profile, negative equity, and unstable cash flows. Despite some revenue growth, the overall financial health is precarious, necessitating urgent strategic improvements.Income Statement
The company has shown some revenue growth, with a 12.21% increase from 2023 to 2024, which is a positive indicator. However, profitability remains a significant issue as evidenced by a consistent negative net profit margin and EBIT margin over the years. The gross profit margin is low at 3.25% in 2024, indicating challenges in cost management. The negative EBITDA in previous years turning positive in 2024 suggests slight operational improvement, but the overall profitability remains weak.35
Negative
Balance Sheet
The balance sheet reflects a concerning financial structure with negative stockholders' equity, indicating insolvency. The debt-to-equity ratio cannot be computed due to negative equity, highlighting excessive leverage. The equity ratio is negative, reinforcing the company's high financial risk. These factors suggest a precarious financial position with high reliance on debt financing and potential solvency issues.20
Very Negative
Cash Flow
The cash flow performance is unstable, with operating cash flow frequently in the negative territory. There is no free cash flow available in 2024, and the operating cash flow to net income ratio is undefined due to zero operating cash flow. This indicates potential issues with cash generation relative to earnings, raising concerns about liquidity and operational sustainability.30
Negative
| Breakdown | TTM | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 40.79M | 54.47M | 48.55M | 37.01M | 45.62M | 40.26M |
| Gross Profit | 2.09M | 1.77M | 1.45M | 4.08M | 8.95M | 9.39M |
| EBITDA | 2.96M | 285.00K | -22.08M | -11.37M | 414.00K | -7.77M |
| Net Income | 4.03M | -6.95M | -27.04M | -104.03M | -54.70M | -22.92M |
Balance Sheet | ||||||
| Total Assets | 33.89M | 46.70M | 113.65M | 110.19M | 203.28M | 260.11M |
| Cash, Cash Equivalents and Short-Term Investments | 16.28M | 13.64M | 33.31M | 36.01M | 22.22M | 25.76M |
| Total Debt | 74.57M | 74.57M | 120.75M | 114.38M | 137.21M | 148.96M |
| Total Liabilities | 128.25M | 140.30M | 200.99M | 171.65M | 185.02M | 200.62M |
| Stockholders Equity | -94.31M | -93.56M | -87.33M | -61.46M | 18.25M | 59.49M |
Cash Flow | ||||||
| Free Cash Flow | 21.66M | 8.60M | -7.30M | 28.18M | -35.28M | -69.33M |
| Operating Cash Flow | 22.15M | 9.08M | -6.79M | 36.52M | -24.54M | 49.70M |
| Investing Cash Flow | 17.44M | 19.15M | -1.90M | -10.33M | -32.37M | -120.87M |
| Financing Cash Flow | -867.00K | -44.78M | 2.44M | -9.52M | 39.27M | 96.83M |
Wan Cheng Metal Packaging Company Limited Technical Analysis
Positive
0.30
Price Trends
0.29
Positive
0.26
Positive
0.34
Negative
Market Momentum
<0.01
Positive
51.35
Neutral
5.76
Positive
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For HK:8291, the sentiment is Positive. The current price of 0.3 is below the 20-day moving average (MA) of 0.31, above the 50-day MA of 0.29, and below the 200-day MA of 0.34, indicating a neutral trend. The MACD of <0.01 indicates Positive momentum. The RSI at 51.35 is Neutral, neither overbought nor oversold. The STOCH value of 5.76 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for HK:8291.
Wan Cheng Metal Packaging Company Limited Peers Comparison
UnderperformOutperform
Sector (61)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
74 Outperform | HK$184.00M | 3.96 | 22.00% | 32.97% | 41.20% | 75.40% | |
64 Neutral | HK$698.59M | 43.79 | 7.25% | 0.58% | -2.08% | -23.18% | |
54 Neutral | HK$1.62B | -146.74 | 11.24% | ― | -82.87% | -110.99% | |
54 Neutral | HK$97.75M | -8.82 | 1.24% | ― | ― | ― | |
48 Neutral | HK$15.73M | 3.56 | ― | ― | -44.08% | ― | |
46 Neutral | HK$772.62M | -24.00 | -3.68% | 3.11% | 3.51% | -950.83% | |
61 Neutral | $18.38B | 12.79 | -2.54% | 3.03% | 1.52% | -15.83% |
* Consumer Cyclical Sector Average
HK:8291
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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.