Furniweb Holdings Limited (8480) AI Stock Analysis

• Market Cap: HK$185.59M
• Dividend Yield: 4.98%
• Average Volume (3M): 65.47K
• Price to Earnings (P/E): 5.3
• Beta (1Y): 0.84
• Revenue Growth: 18.97%
• EPS Growth: -4.28%
• Country: HK
• Employees: 695
• Sector: Consumer Cyclical
• Sector Strength: 78
• Industry: Apparel - Manufacturers
• EPS (TTM): 0.02
• Shares Outstanding: 923,321,600
• 10 Day Avg. Volume: 96,000
• 30 Day Avg. Volume: 65,466
• PEG Ratio: N/A
• Price to Book (P/B): 0.00
• Price to Sales (P/S): 0.00
• P/FCF Ratio: 0.00
• 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: Hold
• Number of Analyst Covering: 1

• Rating: 69 Neutral
• Price Target: HK$0.00 ▼(-100.00% Downside)

The overall stock score is driven primarily by the company's strong valuation, with a low P/E ratio and high dividend yield suggesting potential undervaluation. Financial performance is solid, with improving profitability and a strong balance sheet, though cash flow volatility remains a concern. Technical analysis indicates a short-term bearish trend, but potential for a reversal exists if momentum improves.

Furniweb Holdings Limited Business Overview & Revenue Model

Company Description

Furniweb Holdings Limited, an investment holding company, manufactures and sells elastic textile, webbings, and polyvinyl chloride (PVC) related products in Malaysia, Vietnam, rest of the Asia Pacific, Europe, North America, and internationally. The company offers upholstery, safety, rigid, and furniture webbing products, as well as covered elastic yarns; and rubber strips and sheets. It is also involved in the trading of machinery and accessories; retail sale of clothing, footwear, and ancillary products; money lenidng; and property holding business, as well as trades in PVC and other plastic products. The company's products are used in the apparel, intimate apparel, food packaging, furniture, automotive, household appliance, and health care industries, as well as in PVC related products. Furniweb Holdings Limited was founded in 1987 and is headquartered in Seri Kembangan, Malaysia. Furniweb Holdings Limited is a subsidiary of PRG Holdings Berhad.

How the Company Makes Money

Furniweb Holdings Limited generates revenue through the manufacturing and sale of its elastic textile and webbing products. The company sells its products to manufacturers in various industries, including apparel, furniture, and automotive, who utilize these products in their own goods. Key revenue streams include direct sales to manufacturers and potentially through partnerships or distribution agreements that expand their market reach. The company's earnings are influenced by factors such as production efficiency, material costs, and demand within the sectors it serves.

Furniweb Holdings Limited Financial Statement Overview

Summary

The company has demonstrated consistent improvement in revenue and profitability, with strong equity and low leverage. However, the erratic cash flow and recent revenue decline in 2024 suggest caution.

Income Statement

The company has shown a consistent improvement in revenue and profitability over the years, with a noticeable revenue growth rate from 2020 to 2022. The gross profit margin improved significantly, and the net profit margin turned positive after a period of losses. The EBIT and EBITDA margins demonstrate the company's operational efficiency. However, there was a decline in revenue in 2024, leading to a slight dip in profitability metrics.

Balance Sheet

The company maintains a strong equity position with a solid equity ratio, indicating financial stability. The debt-to-equity ratio is relatively low, suggesting low leverage. The return on equity has improved, reflecting better profitability and asset utilization. The balance sheet shows a healthy cash position relative to debt, reducing financial risk.

Cash Flow

The company's cash flow from operations has been erratic, with a significant increase in free cash flow growth in recent years. However, the operating cash flow to net income ratio has been inconsistent, indicating potential volatility in cash generation. While the company has managed to generate positive free cash flow recently, the lack of operating cash flow in 2024 poses a risk.

Breakdown	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	191.09M	216.83M	162.16M	132.90M	99.26M
Gross Profit	52.67M	57.28M	41.40M	46.23M	29.25M
EBITDA	22.19M	25.38M	22.44M	13.81M	-4.79M
Net Income	9.03M	12.46M	18.17M	5.18M	-34.11M
Balance Sheet
Total Assets	206.04M	199.88M	217.64M	134.79M	173.07M
Cash, Cash Equivalents and Short-Term Investments	61.40M	57.95M	59.79M	34.36M	32.73M
Total Debt	19.95M	19.01M	36.74M	12.52M	27.86M
Total Liabilities	63.28M	61.48M	92.91M	35.53M	77.42M
Stockholders Equity	142.76M	138.40M	124.72M	99.25M	95.65M
Cash Flow
Free Cash Flow	23.24M	26.70M	-1.17M	3.60M	14.97M
Operating Cash Flow	30.51M	35.57M	1.72M	6.77M	16.69M
Investing Cash Flow	-19.55M	-21.03M	12.44M	-984.00K	-7.61M
Financing Cash Flow	-2.00M	-21.39M	5.50M	2.22M	-3.79M

Furniweb Holdings Limited Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 0.20
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Positive
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For HK:8480, the sentiment is Negative. The current price of 0.2 is below the 20-day moving average (MA) of 0.21, below the 50-day MA of 0.21, and above the 200-day MA of 0.17, indicating a neutral trend. The MACD of <0.01 indicates Positive momentum. The RSI at 38.07 is Neutral, neither overbought nor oversold. The STOCH value of 37.50 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for HK:8480.

Furniweb Holdings Limited Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
8480	69 Neutral	HK$185.59M	5.29	9.42%	4.98%	18.97%	-4.28%
1433	67 Neutral	HK$198.00M	3.60	23.94%	7.58%	14.30%	125.41%
1749	66 Neutral	HK$116.06M	3.23	12.55%	9.92%	-6.75%	3.61%
Sector *	61 Neutral	$17.60B	14.14	-5.40%	3.04%	1.40%	-15.06%
0294	47 Neutral	HK$194.34M	―	-6.04%	2.13%	-20.43%	-24.29%
1388	44 Neutral	HK$187.98M	―	-19.24%	―	-10.08%	-417.56%
3398	40 Underperform	HK$218.38M	―	-27.12%	―	-3.47%	-33.16%