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National Electronics Holdings (0213) AI Stock Analysis
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National Electronics Holdings
(HKEX:0213)
National Electronics Holdings scores 49 out of 99. The primary strength is its low valuation (P/E 7.5), which suggests the stock is cheap. Recent debt reduction also improves the balance sheet. However, weak profitability (net margin 1.0%), thin margins, and volatile cash flows raise concerns about sustainability. Technically, the stock is in a downtrend, though oversold conditions may provide short-term support. Investors should watch for improvements in margins and cash flow stability.
National Electronics Holdings (0213) vs. iShares MSCI Hong Kong ETF (EWH)
- Market Cap
- HKD 319.22M
- Dividend Yield
- 3.43%
- Average Volume (3M)
- 159.57K
- Price to Earnings (P/E)
- 7.8
- Beta (1Y)
- 0.31
- Revenue Growth
- 705.99%
- EPS Growth
- -56.00%
- Country
- Hong Kong
- Employees
- 170
- Sector
- Consumer Cyclical
- Sector Strength
- 61
- Industry
- Personal Products & Services
National Electronics Holdings Business Overview & Revenue Model
Company Description
National Electronics Holdings Limited, an investment holding company, manufactures, assembles, and sells electronic watches and watch parts in the People's Republic of China, Hong Kong, North America, Europe, and internationally. It operates through...
National Electronics Holdings Financial Statement Overview
Summary
Revenue surged in the latest year, but margins are razor-thin (gross margin 6.1%, net margin 1.0%) and profitability is weak. Leverage improved, yet return on equity is low at 1.6%. Cash flow is highly volatile, with a recent spike driven by one-time working capital changes. Overall financial health is below average.
Income Statement
40NegativeBalance Sheet
50NeutralCash Flow
35Negative| Breakdown | TTM | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 4.05B | 4.05B | 502.31M | 578.22M | 501.31M | 694.56M |
| Gross Profit | 245.56M | 245.56M | 127.02M | 120.93M | 107.80M | 87.82M |
| EBITDA | -53.39M | -53.39M | 294.59M | 280.49M | 9.61M | 96.69M |
| Net Income | 41.29M | 41.29M | 93.90M | 41.13M | 48.87M | 91.36M |
Balance Sheet | ||||||
| Total Assets | 6.18B | 6.18B | 9.51B | 8.58B | 8.51B | 8.34B |
| Cash, Cash Equivalents and Short-Term Investments | 771.98M | 771.98M | 316.00M | 568.33M | 1.00B | 1.30B |
| Total Debt | 3.25B | 3.25B | 5.67B | 4.94B | 4.91B | 4.70B |
| Total Liabilities | 3.53B | 3.53B | 6.93B | 6.03B | 5.96B | 5.72B |
| Stockholders Equity | 2.65B | 2.65B | 2.58B | 2.55B | 2.54B | 2.62B |
Cash Flow | ||||||
| Free Cash Flow | 2.49B | 2.50B | -415.64M | -229.32M | -291.20M | -369.58M |
| Operating Cash Flow | 2.50B | 2.50B | -405.37M | -220.81M | -289.59M | -368.36M |
| Investing Cash Flow | 366.25M | 108.22M | 32.27M | 115.75M | -155.69M | -69.65M |
| Financing Cash Flow | -2.73B | -2.46B | 437.45M | -275.74M | 167.74M | 451.12M |
National Electronics Holdings Technical Analysis
Price Trends
Market Momentum
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For HK:0213, the sentiment is Negative. The current price of 0.35 is below the 20-day moving average (MA) of 0.36, below the 50-day MA of 0.36, and below the 200-day MA of 0.36, indicating a bearish trend. The MACD of -0.00 indicates Positive momentum. The RSI at 36.36 is Neutral, neither overbought nor oversold. The STOCH value of 8.16 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for HK:0213.
National Electronics Holdings Peers Comparison
Overall Rating
HK:088775Outperform
HK:039869.5Neutral
HK:008453Neutral
HK:185649Neutral- HK:021349Neutral
HK:338938Underperform
Financial Indicators
| Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
| HK:0887 | 75Outperform | HKD 1.81B | 3.16 | 9.96% | 8.16% | 8.83% | 109.28% |
| HK:0398 | 70Neutral | HKD 1.55B | 8.62 | 9.99% | 6.18% | -0.78% | -10.18% |
| Sector * | 61Neutral | $18.38B | 12.79 | -2.54% | 3.03% | 1.52% | -15.83% |
| HK:0084 | 53Neutral | HKD 75.22M | -1.58 | -5.18% | ― | 0.91% | 55.64% |
| HK:1856 | 49Neutral | HKD 533.18M | -14.51 | -68.91% | ― | -8.88% | 42.89% |
| HK:0213 | 49Neutral | HKD 318.26M | 7.76 | 1.56% | 3.43% | 705.99% | -56.00% |
| HK:3389 | 38Underperform | HKD 387.55M | -3.87 | -2.87% | 302.27% | -21.99% | -138.89% |
* Consumer Cyclical Sector Average
Performance Comparison
| Show on chart | Ticker | Company Name | Price | Change | % Change |
|---|---|---|---|---|---|
| HK:0213 | National Electronics Holdings | 0.35 | -0.01 | -3.05% | |
| HK:0887 | Emperor Watch & Jewellery | 0.25 | -0.01 | -2.34% | |
| HK:3389 | Hengdeli Holdings | 0.09 | 0.05 | 137.84% | |
| HK:0398 | Oriental Watch Holdings | 3.19 | 0.14 | 4.70% | |
| HK:0084 | Stelux Holdings International Limited | 0.07 | 0.00 | 2.86% | |
| HK:1856 | Ernest Borel Holdings Ltd | 1.48 | -0.32 | -17.78% |
National Electronics Holdings Corporate Events
National Electronics Wins Strong Shareholder Backing at 2026 AGM
National Electronics Holdings reported that all resolutions put to shareholders at its 27 August 2026 annual general meeting were duly passed by poll, with overwhelming support across the board. Investors approved the audited financial statements for...
National Electronics Holdings Secures Further Extension for Property Deal Circular
National Electronics Holdings Limited, incorporated in Bermuda and listed in Hong Kong under stock code 213, operates in the electronics industry and is overseen by a board comprising executive, non-executive and independent non-executive directors....
National Electronics Delays Circular on Major Property Acquisition
National Electronics Holdings Limited has announced a delay in sending a shareholder circular related to a major transaction involving the acquisition of a property. The company had originally expected to dispatch the circular by 7 August 2026, but n...
National Electronics Updates Registered Office Address in Bermuda
National Electronics Holdings Limited has announced a change in the address of its registered office in Bermuda, effective 3 August 2026, relocating to Richmond House on Par-la-Ville Road in Hamilton. The move is a formal administrative update that c...
National Electronics Sets August AGM to Approve Dividend, Board Changes and Capital Mandates
National Electronics Holdings has called its annual general meeting for 27 August 2026 in Hong Kong, where shareholders will review the audited financial statements for the year ended 31 March 2026 and vote on a proposed final dividend. The meeting w...
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.
Date of analysis: Aug 04, 2026