Furniweb Holdings Limited (8480) AI Stock Analysis

• Market Cap: HK$184.66M
• Dividend Yield: 5%
• Average Volume (3M): 42.67K
• Price to Earnings (P/E): 7.8
• Beta (1Y): 0.80
• Revenue Growth: -12.11%
• EPS Growth: -26.86%
• Country: HK
• Employees: 695
• Sector: Consumer Cyclical
• Sector Strength: 57
• Industry: Apparel - Manufacturers
• EPS (TTM): N/A
• Shares Outstanding: 923,321,600
• 10 Day Avg. Volume: 12,400
• 30 Day Avg. Volume: 42,666
• PEG Ratio: 0.02
• Price to Book (P/B): 0.62
• Price to Sales (P/S): 0.00
• P/FCF Ratio: -66.66
• 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

• Rating: 66 Neutral
• Price Target: HK$0.00 ▼(-100.00%Downside)

The overall stock score of 66 reflects Furniweb Holdings Limited's solid financial performance, with notable strengths in equity position and profitability. While its valuation appears attractive due to a low P/E ratio, technical indicators suggest caution due to weak short-term momentum. The absence of a dividend yield and inconsistent cash flow generation pose additional risks, but the company's long-term fundamentals remain sound.

Furniweb Holdings Limited Business Overview & Revenue Model

Company Description

Furniweb Holdings Limited (8480) is an investment holding company primarily engaged in the manufacturing and sale of elastic textile and webbing products. Based in Malaysia, the company operates through several subsidiaries that serve various sectors, including furniture, automotive, and apparel. Furniweb's core products include elastic yarns, covered elastic yarns, and webbing products, which are utilized in a wide range of applications from furniture components to apparel accessories.

How the Company Makes Money

Furniweb Holdings Limited generates revenue through the production and sale of its textile and webbing products. The company operates manufacturing facilities that produce a variety of elastic products, which are sold to customers in different industries such as furniture, apparel, and automotive. Key revenue streams include direct sales of these products to manufacturers and distributors who use them as raw materials or components in their own products. Additionally, Furniweb continuously explores strategic partnerships and expansions into new markets to enhance its revenue potential. The company leverages its expertise in elastic textiles to maintain a competitive edge and cater to the evolving needs of its diversified customer base.

Furniweb Holdings Limited Financial Statement Overview

Summary

Furniweb Holdings Limited has shown resilience with improving revenue and profitability trends, backed by a strong balance sheet and low leverage. While cash flow has been positive in recent years, erratic patterns in operating cash flow suggest a need for careful cash management. Overall, the company is well-positioned in the apparel manufacturing industry, but should focus on stabilizing cash flow generation.

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
	EBIT
19.80M	22.99M	19.75M	6.95M	2.70M
	EBITDA
22.19M	25.38M	22.44M	13.81M	-4.79M
	Net Income Common Stockholders
9.03M	12.46M	18.17M	5.18M	-34.11M
Balance Sheet		Cash, Cash Equivalents and Short-Term Investments
61.40M	57.95M	59.79M	34.36M	32.73M
	Total Assets
206.04M	199.88M	217.64M	134.79M	173.07M
	Total Debt
19.95M	19.01M	36.74M	12.52M	27.86M
	Net Debt
-30.27M	-23.96M	-11.78M	-15.75M	7.98M
	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: Positive
• Last Price: 0.20
• 50DMA: Positive
• 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:8480, the sentiment is Positive. The current price of 0.2 is below the 20-day moving average (MA) of 0.20, above the 50-day MA of 0.20, and above the 200-day MA of 0.15, indicating a neutral trend. The MACD of <0.01 indicates Positive momentum. The RSI at 51.93 is Neutral, neither overbought nor oversold. The STOCH value of 16.67 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for HK:8480.

Furniweb Holdings Limited Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
1929	80 Outperform	$127.44B	21.54	22.73%	3.13%	0.94%	-32.06%
8480	66 Neutral	HK$184.66M	7.81	6.39%	5.00%	-12.11%	-26.86%
Sector *	62 Neutral	$6.76B	11.06	2.80%	6.66%	2.68%	-24.89%
1117	46 Neutral	HK$8.29B	―	-13.67%	1.23%	-3.39%	-868.11%
1813	40 Neutral	HK$1.06B	―	-95.62%	―	-31.29%	57.76%
1312	36 Underperform	HK$156.20M	―	-7.42%	―	10.93%	-159.62%
3398	34 Underperform	HK$209.98M	―	-27.12%	―	-3.47%	-33.16%