Asia Grocery Distribution Limited (HK:8413)
:8413
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Asia Grocery Distribution Limited
(8413)
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Rating:56Neutral
Price Target:
HK$0.18
▲(2.22% Upside)
Action:ReiteratedDate:03/24/26
The score is primarily supported by improved financial health (revenue growth, return to profitability, positive cash generation, and low leverage), but is held back by weak technical momentum and a negative P/E that reduces valuation clarity. Very thin margins remain a key risk to sustaining the turnaround.
Positive Factors
Strong cash generation
Sustained positive operating and free cash flow provides durable internal funding for working capital, supplier payments and modest reinvestment. This reduces refinancing need, supports inventory-heavy distribution operations and gives flexibility to withstand margin pressure over months.
Negative Factors
Very thin margins
Extremely low operating and net margins leave reported profits highly sensitive to small cost increases, pricing pressure or volume swings. In distribution, input cost volatility or tighter customer pricing can quickly erase profits, threatening sustainability of the turnaround.
Read all positive and negative factors
Positive Factors
Negative Factors
Strong cash generation
Sustained positive operating and free cash flow provides durable internal funding for working capital, supplier payments and modest reinvestment. This reduces refinancing need, supports inventory-heavy distribution operations and gives flexibility to withstand margin pressure over months.
Read all positive factors
Asia Grocery Distribution Limited (8413) vs. iShares MSCI Hong Kong ETF (EWH)
Market Cap
HK$205.67M
Dividend YieldN/A
Average Volume (3M)741.33K
Price to Earnings (P/E)―
Beta (1Y)0.28
Revenue Growth-1.30%
EPS Growth-61.11%
CountryHK
Employees70
SectorConsumer Defensive
Sector Strength42
IndustryFood Distribution
Share Statistics
EPS (TTM)N/A
Shares Outstanding1,162,000,000
10 Day Avg. Volume1,826,000
30 Day Avg. Volume741,333
Financial Highlights & Ratios
PEG Ratio-2.35
Price to Book (P/B)1.09
Price to Sales (P/S)0.36
P/FCF Ratio5.06
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 ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
Asia Grocery Distribution Limited Business Overview & Revenue Model
Company Description
Asia Grocery Distribution Limited, an investment holding company, trades in and distributes food and beverage groceries in Hong Kong. The company offers commodities and cereal products, such as rice, wheat flour, noodle products, edible oil, sugar...
Asia Grocery Distribution Limited Financial Statement Overview
Summary
Income Statement
55
Neutral
Balance Sheet
78
Positive
Cash Flow
70
Positive
| Breakdown | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 302.54M | 292.48M | 286.24M | 241.37M | 227.71M |
| Gross Profit | 71.41M | 66.11M | 66.81M | 58.33M | 48.07M |
| EBITDA | 10.83M | 10.63M | 4.51M | 6.62M | -8.45M |
| Net Income | 1.06M | 1.86M | -4.41M | -2.14M | -14.62M |
Balance Sheet | |||||
| Total Assets | 125.13M | 132.30M | 135.60M | 123.16M | 124.06M |
| Cash, Cash Equivalents and Short-Term Investments | 60.87M | 47.03M | 34.98M | 29.80M | 38.44M |
| Total Debt | 4.76M | 13.62M | 19.79M | 8.47M | 8.04M |
| Total Liabilities | 25.20M | 33.43M | 38.60M | 21.75M | 20.51M |
| Stockholders Equity | 99.93M | 98.87M | 97.01M | 101.42M | 103.55M |
Cash Flow | |||||
| Free Cash Flow | 21.58M | 19.01M | 10.74M | -4.79M | -12.48M |
| Operating Cash Flow | 23.94M | 19.51M | 14.05M | -2.52M | -10.62M |
| Investing Cash Flow | -2.78M | -419.00K | -3.70M | -1.78M | -1.85M |
| Financing Cash Flow | -7.36M | -7.05M | -5.17M | -4.34M | -3.10M |
Asia Grocery Distribution Limited Technical Analysis
Neutral
0.18
Price Trends
0.18
Negative
0.16
Positive
0.14
Positive
Market Momentum
>-0.01
Positive
36.33
Neutral
57.94
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For HK:8413, the sentiment is Neutral. The current price of 0.18 is below the 20-day moving average (MA) of 0.18, below the 50-day MA of 0.18, and above the 200-day MA of 0.14, indicating a neutral trend. The MACD of >-0.01 indicates Positive momentum. The RSI at 36.33 is Neutral, neither overbought nor oversold. The STOCH value of 57.94 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for HK:8413.
Asia Grocery Distribution Limited Peers Comparison
UnderperformOutperform
Sector (62)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
71 Outperform | HK$408.00M | 5.00 | 8.56% | 3.63% | 3.24% | 47.81% | |
65 Neutral | HK$228.00M | 3.97 | 11.11% | 12.66% | 0.15% | -33.33% | |
62 Neutral | $20.33B | 14.63 | -3.31% | 3.23% | 1.93% | -12.26% | |
58 Neutral | HK$602.58M | -6.17 | -2.70% | 6.67% | 0.09% | -274.36% | |
57 Neutral | HK$138.05M | -4.28 | -3.76% | ― | -13.76% | -7.06% | |
56 Neutral | HK$205.67M | -71.66 | 0.74% | ― | -1.30% | -61.11% | |
48 Neutral | HK$183.36M | 188.51 | -15.80% | ― | -2.25% | 58.33% |
* Consumer Defensive Sector Average
HK:8413
Asia Grocery Distribution Limited
0.18
0.08
88.30%
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0.36
0.04
11.64%
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0.60
0.12
25.00%
HK:1705
B & S International Holdings Ltd.
0.57
0.27
91.28%
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Hong Kong Food Investment Holdings Limited
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31.71%
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Cool Link (Holdings) Ltd.
0.46
-0.41
-47.13%
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.