Neo-Concept International Group Holdings Limited (NCI) AI Stock Analysis

• Market Cap: N/A
• Dividend Yield: N/A
• Average Volume (3M): 209.73K
• Price to Earnings (P/E): 37.1
• Beta (1Y): 0.59
• Revenue Growth: N/A
• EPS Growth: N/A
• Country: US
• Employees: 24
• Sector: General
• Sector Strength: N/A
• Industry: Apparel - Manufacturers
• EPS (TTM): N/A
• Shares Outstanding: 3,464,000
• 10 Day Avg. Volume: 77,863
• 30 Day Avg. Volume: 209,727
• PEG Ratio: N/A
• Price to Book (P/B): N/A
• Price to Sales (P/S): 0.00
• 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: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0

• Rating: 40 Underperform
• Price Target: ―

The overall score reflects severe financial challenges, including negative equity and poor cash flows, which significantly undermine the company's stability. Although technical indicators suggest some positive price momentum, the lack of valuation metrics and neutral earnings call results offer limited upside potential.

Neo-Concept International Group Holdings Limited Business Overview & Revenue Model

Company Description

Neo-Concept International Group Holdings Limited (NCI) is a company operating in diverse sectors, focusing primarily on manufacturing and distribution. NCI is involved in the design, production, and sale of consumer electronics, home appliances, and related products, catering to both domestic and international markets. The company is committed to innovation and quality, leveraging its expertise to deliver cutting-edge products that meet the evolving needs of consumers.

How the Company Makes Money

NCI generates revenue through the sale of its products, including consumer electronics and home appliances. The company operates a manufacturing and distribution model, producing goods that are sold to retailers, wholesalers, and directly to consumers. Key revenue streams include bulk orders from large retail chains and partnerships with distributors who facilitate the reach of NCI's products to various markets. Additionally, the company may engage in strategic partnerships or collaborations to enhance its product offerings and distribution capabilities, contributing to its earnings.

Neo-Concept International Group Holdings Limited Financial Statement Overview

Summary

Neo-Concept International Group Holdings Limited is facing significant financial difficulties, with declining revenues, reduced profitability, negative equity, and cash flow challenges, indicating financial instability.

Income Statement

Neo-Concept International Group Holdings Limited has faced declining revenue, with a significant drop from 2022 to 2023. Gross Profit Margin stands at approximately 20.1% in 2023, indicating some profitability despite revenue challenges. The Net Profit Margin decreased significantly to 2.5% in 2023 from 3.6% in 2022, suggesting reduced profitability. EBIT and EBITDA margins also declined, reflecting operational challenges.

Balance Sheet

The company exhibits a concerning financial structure with negative Stockholders' Equity, indicating more liabilities than assets, which is a significant risk. The Debt-to-Equity ratio is not calculable due to negative equity, but high total debt relative to assets suggests high leverage. The Return on Equity (ROE) is negative, pointing to poor profitability relative to equity.

Cash Flow

Operating cash flow is negative, indicating challenges in generating cash from operations. Free Cash Flow also remained negative, albeit with a slight improvement from the previous year. This suggests ongoing liquidity issues. The Operating Cash Flow to Net Income ratio is negative, emphasizing inefficiencies in cash generation.

Breakdown
Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement		Total Revenue
174.20M	347.45M	240.54M	182.58M
	Gross Profit
35.05M	41.83M	22.59M	11.65M
	EBIT
9.05M	18.94M	4.47M	-3.65M
	EBITDA
14.90M	21.67M	1.28M	-4.94K
	Net Income Common Stockholders
4.41M	12.40M	5.45M	-3.33M
Balance Sheet		Cash, Cash Equivalents and Short-Term Investments
5.85M	8.59M	1.43M	421.50K
	Total Assets
90.62M	41.87M	40.23M	64.04M
	Total Debt
54.64M	84.99M	28.00M	64.26M
	Net Debt
48.79M	76.40M	26.57M	63.83M
	Total Liabilities
93.00M	102.55M	115.82M	142.71M
	Stockholders Equity
-2.39M	-60.68M	-75.59M	-78.66M
Cash Flow		Free Cash Flow
-50.50M	-42.83M	10.19M	6.17M
	Operating Cash Flow
-49.23M	-42.76M	10.27M	6.28M
	Investing Cash Flow
-1.28M	-73.53K	-78.19K	-115.89K
	Financing Cash Flow
47.55M	50.00M	-9.19M	-6.48M

Neo-Concept International Group Holdings Limited Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
BABA	81 Outperform	$272.22B	14.78	13.04%	0.85%	4.28%	28.42%
SHOP	79 Outperform	$185.76B	84.77	16.15%	―	30.60%	―
EBAY	77 Outperform	$35.66B	18.49	36.48%	1.50%	2.04%	-15.61%
AMZN	73 Outperform	$2.25T	34.59	25.24%	―	10.08%	71.88%
ETSY	68 Neutral	$5.62B	38.28	-39.97%	―	2.18%	-32.87%
Sector *	58 Neutral	$4.98B	18.30	-17.00%	7.21%	13.61%	-24.47%
NCI	40 Underperform		37.13	-184.96%	―	―	―