Ocean One Holding Ltd. (8476) AI Stock Analysis

• Market Cap: HK$1.11B
• Dividend Yield: 1.04%
• Average Volume (3M): 99.27K
• Price to Earnings (P/E): 26.7
• Beta (1Y): -0.35
• Revenue Growth: -13.70%
• EPS Growth: 2.27%
• Country: HK
• Employees: 15
• Sector: Real Estate
• Sector Strength: 53
• Industry: Packaged Foods
• EPS (TTM): 0.08
• Shares Outstanding: 280,000,000
• 10 Day Avg. Volume: 129,600
• 30 Day Avg. Volume: 99,266
• PEG Ratio: N/A
• Price to Book (P/B): N/A
• Price to Sales (P/S): N/A
• P/FCF Ratio: N/A
• 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: HK$4.00
• Price Target Upside: -0.74% Downside
• Rating Consensus: Hold
• Number of Analyst Covering: 1

• Rating: 56 Neutral
• Price Target: HK$4.00 ▼(-0.74% Downside)

Ocean One Holding Ltd. has a solid financial foundation with strong profitability and a stable balance sheet, which is the most significant factor supporting its stock score. However, technical analysis indicates bearish momentum, and valuation metrics suggest the stock may be overvalued, both of which weigh down the overall score.

Ocean One Holding Ltd. Business Overview & Revenue Model

Company Description

Ocean One Holding Ltd., an investment holding company, engages in importing and wholesaling of frozen seafood products in Hong Kong, Macau, Mainland China, Taiwan, and Japan. It offers frozen seafood products in various categories, such as prawns; scallops, oysters, and surf clams; fishes; crabs and roe; octopuses and cuttlefishes; processed seafood products; and miscellaneous products. The company is also involved in the property holding business. It serves frozen seafood resellers and frozen seafood catering service providers. The company was founded in 2002 and is headquartered in Tsuen Wan, Hong Kong. Ocean One Holding Ltd. is a subsidiary of Karlson Holding Limited.

How the Company Makes Money

Ocean One Holding Ltd. generates revenue through the sale of frozen seafood products to a wide array of customers, including wholesalers, retailers, and foodservice operators. The company's primary revenue stream comes from procuring seafood from international suppliers, which is then distributed to its clients. By leveraging its extensive distribution network and maintaining strong relationships with both suppliers and customers, the company ensures a steady flow of income. Additionally, strategic partnerships with key suppliers and maintaining a robust supply chain are significant factors in supporting its revenue generation.

Ocean One Holding Ltd. Financial Statement Overview

Summary

Ocean One Holding Ltd. demonstrates strong financial health with robust profitability and stable balance sheet metrics. While cash flow generation is positive, growth has been inconsistent, posing potential challenges. Nonetheless, the company's low leverage and efficient operations provide a strong foundation for financial stability.

Income Statement

Ocean One Holding Ltd. has shown stable revenue and profit margins over recent years. The gross profit margin remains healthy, reflecting efficient cost management. However, revenue growth has been inconsistent, with a decline in the most recent year. Net profit margin and EBITDA margin are robust, showcasing profitability.

Balance Sheet

The company maintains a strong balance sheet with a low debt-to-equity ratio, indicating financial stability. High equity ratio suggests that a significant portion of assets are funded by equity, reducing financial risk. Return on equity is strong, reflecting effective utilization of shareholders' funds.

Cash Flow

Cash flow analysis shows positive free cash flow, which is a positive indicator of financial health. However, free cash flow growth has been inconsistent. The operating cash flow to net income ratio indicates a healthy conversion of accounting profits into cash.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	414.98M	395.87M	458.73M	467.35M	408.62M	327.75M
Gross Profit	66.04M	65.72M	66.56M	78.74M	64.67M	48.67M
EBITDA	47.35M	53.49M	53.56M	62.32M	49.16M	35.88M
Net Income	39.24M	41.69M	40.77M	50.15M	37.41M	27.35M
Balance Sheet
Total Assets	286.51M	307.06M	274.53M	250.13M	207.02M	178.80M
Cash, Cash Equivalents and Short-Term Investments	114.93M	138.89M	104.91M	79.37M	48.77M	35.59M
Total Debt	571.00K	2.22M	1.13M	2.17M	867.00K	2.51M
Total Liabilities	16.32M	15.18M	13.13M	18.30M	16.11M	18.29M
Stockholders Equity	270.18M	291.88M	261.39M	231.83M	190.92M	160.51M
Cash Flow
Free Cash Flow	35.65M	42.62M	35.00M	40.60M	21.86M	28.22M
Operating Cash Flow	37.87M	43.16M	36.50M	40.79M	22.52M	28.68M
Investing Cash Flow	-46.08M	-111.79M	21.35M	-19.98M	-629.00K	-397.00K
Financing Cash Flow	-12.33M	-12.39M	-12.31M	-10.20M	-8.71M	-8.91M

Ocean One Holding Ltd. Technical Analysis

• Technical Analysis Sentiment: Neutral
• Last Price: 4.03
• 50DMA: Negative
• 100DMA: Positive
• 200DMA: Positive
• MACD: Positive
• RSI: Neutral
• STOCH: Positive

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For HK:8476, the sentiment is Neutral. The current price of 4.03 is below the 20-day moving average (MA) of 4.86, below the 50-day MA of 4.44, and above the 200-day MA of 3.32, indicating a neutral trend. The MACD of -0.09 indicates Positive momentum. The RSI at 30.28 is Neutral, neither overbought nor oversold. The STOCH value of 7.63 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for HK:8476.

Ocean One Holding Ltd. Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
2317	77 Outperform	1.07B	8.93	5.31%	9.83%	-1.19%	-9.05%
3838	63 Neutral	1.19B	2.64	11.75%	4.90%	-6.58%	16.23%
1583	62 Neutral	1.02B	97.12	1.73%	―	-1.70%	104.41%
8476	56 Neutral	HK$1.11B	26.73	15.07%	1.04%	-13.70%	2.27%
0829	56 Neutral	936.84M	-41.10	1.16%	13.79%	-4.42%	-157.03%
3999	53 Neutral	630.04M	-76.54	2.71%	―	-2.20%	-120.05%
Sector *	65 Neutral	$2.17B	12.19	3.79%	4.94%	3.15%	1.96%