World Super Holdings Limited (8612) AI Stock Analysis

• Market Cap: HK$48.94M
• Dividend Yield: N/A
• Average Volume (3M): 223.70K
• Price to Earnings (P/E): ―
• Beta (1Y): 0.10
• Revenue Growth: 1.88%
• EPS Growth: 34.21%
• Country: HK
• Employees: 15
• Sector: Industrials
• Sector Strength: 72
• Industry: Rental & Leasing Services
• EPS (TTM): -0.10
• Shares Outstanding: 414,720,000
• 10 Day Avg. Volume: 188,200
• 30 Day Avg. Volume: 223,700
• PEG Ratio: 0.02
• Price to Book (P/B): 0.77
• Price to Sales (P/S): 0.65
• P/FCF Ratio: -0.90
• 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
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 47 Neutral
• Price Target: HK$0.12 ▲(50.00% Upside)

The score is primarily held down by weak financial performance (declining revenue, persistent losses, negative cash flow, and higher leverage). Technical indicators are comparatively supportive with an uptrend versus key moving averages, but valuation metrics are impaired by negative earnings and no dividend data.

Positive Factors

Diversified business model across property, financial services and hospitality

A diversified holding structure across property, financial services and hospitality reduces reliance on any single revenue stream. This allows management to reallocate capital between segments and smooth earnings volatility over business cycles, supporting resilience across 2–6 months.

Recurring rental income from commercial and residential properties

Rental income provides a recurring cash flow base that underpins operating stability relative to one-off transactions. Over the medium term, steady lease revenues can support debt servicing and investment in core assets, giving a durable revenue floor as markets recover.

Strategic partnerships with developers and financial institutions

Partnerships with developers and financial institutions expand access to deal flow, co-investment capital and project execution expertise. Structurally, these relationships can lower project risk, improve asset sourcing and scale capabilities without proportionate balance-sheet expansion.

Negative Factors

Sharply declining revenue trend (2021–2024)

A multi-year steep revenue decline erodes operating scale and fixed-cost absorption, weakening margins and competitive position. Without a credible reversal, reduced top-line capacity limits reinvestment in assets or services and hinders recovery across the medium term.

Consistent negative profitability across margins

Sustained negative net, EBIT and EBITDA margins indicate structural unprofitability. Persistent losses deplete equity, limit internal funding for growth and increase reliance on external financing, undermining the company’s ability to execute long-term property and hospitality strategies.

Negative operating and free cash flow with increasing leverage

Negative operating and free cash flows combined with rising leverage create liquidity and solvency risk. This reduces financial flexibility to pursue projects or refinance maturing obligations, raising the probability of forced asset sales or dilutive capital raises over the medium term.

World Super Holdings Limited Business Overview & Revenue Model

Company Description

World Super Holdings Limited (8612) is a diversified investment holding company based in Hong Kong. The company primarily operates in the sectors of property investment and management, financial services, and hospitality. World Super Holdings focuses on acquiring and developing real estate assets, managing investment portfolios, and providing financial consulting services. Additionally, the company is involved in the hospitality sector through investments in hotels and related services, aiming to capitalize on the growing demand for travel and accommodation in the region.

How the Company Makes Money

World Super Holdings Limited generates revenue through several key streams. The primary source of income comes from its property investment activities, wherein the company earns rental income from its portfolio of commercial and residential properties. The financial services segment contributes revenue through consultancy fees and financial advisory services provided to clients. Furthermore, the hospitality segment generates revenue from hotel operations, including lodging, food and beverage services, and event hosting. Strategic partnerships with real estate developers and financial institutions also enhance revenue opportunities, allowing the company to leverage expertise and resources in its investment ventures.

World Super Holdings Limited Financial Statement Overview

Summary

Weak fundamentals: revenue has fallen sharply (2021–2024), profitability is consistently negative (net/EBIT/EBITDA margins), operating and free cash flow are negative, and leverage has increased with a declining equity base—raising financial risk.

Income Statement

The company has experienced a significant decline in revenue from 2021 to 2024, with a steep drop in gross profit margins. The net profit margin has been negative for several years, indicating consistent losses. EBIT and EBITDA margins are also negative, reflecting operational inefficiencies and high costs relative to revenue.

Balance Sheet

The balance sheet shows a declining equity base and increasing leverage over the years. The debt-to-equity ratio has worsened, indicating higher financial risk. Return on equity is negative due to persistent losses. The equity ratio has decreased, suggesting reduced financial stability.

Cash Flow

The company has negative operating and free cash flows, indicating cash outflows from operations and investments. The free cash flow to net income ratio is unfavorable, and the operating cash flow to net income ratio is negative, highlighting cash flow challenges and inefficiencies in converting income into cash.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	24.63M	16.21M	23.09M	16.34M	30.38M	66.03M
Gross Profit	2.99M	1.98M	3.60M	5.08M	17.52M	17.31M
EBITDA	-24.68M	-24.19M	-31.91M	-27.46M	-13.05M	-2.56M
Net Income	-36.59M	-28.70M	-36.73M	-33.23M	-31.86M	-14.75M
Balance Sheet
Total Assets	32.20M	31.01M	50.60M	102.10M	153.93M	181.55M
Cash, Cash Equivalents and Short-Term Investments	1.92M	5.76M	11.12M	9.80M	14.31M	2.34M
Total Debt	10.88M	2.43M	5.81M	20.71M	35.27M	40.13M
Total Liabilities	30.84M	17.20M	10.91M	25.68M	47.76M	58.16M
Stockholders Equity	1.36M	13.80M	39.69M	76.42M	106.16M	123.39M
Cash Flow
Free Cash Flow	-14.81M	-11.78M	-22.16M	1.38M	-10.22M	-44.57M
Operating Cash Flow	-11.97M	-7.34M	-15.75M	2.50M	-4.92M	-16.34M
Investing Cash Flow	2.90M	1.91M	33.67M	5.17M	9.95M	-16.50M
Financing Cash Flow	7.59M	77.65K	-14.27M	-8.50M	8.14M	2.06M

World Super Holdings Limited Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 0.08
• 50DMA: Positive
• 100DMA: Positive
• 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:8612, the sentiment is Positive. The current price of 0.08 is below the 20-day moving average (MA) of 0.11, below the 50-day MA of 0.10, and below the 200-day MA of 0.08, indicating a bullish trend. The MACD of <0.01 indicates Positive momentum. The RSI at 59.20 is Neutral, neither overbought nor oversold. The STOCH value of 44.44 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for HK:8612.

World Super Holdings Limited Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
1581	76 Outperform	HK$89.64M	3.59	8.86%	―	-12.78%	-20.50%
Sector *	63 Neutral	$10.79B	15.43	7.44%	2.01%	2.89%	-14.66%
1496	62 Neutral	HK$145.15M	11.51	5.46%	6.20%	-13.83%	14.96%
8425	50 Neutral	HK$33.84M	-2.41	-13.79%	―	23.95%	-12.01%
8612	47 Neutral	HK$48.94M	-0.47	-202.44%	―	1.88%	34.21%