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Yangtzekiang Garment Co. Ltd. (0294) AI Stock Analysis

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HK:0294

Yangtzekiang Garment Co. Ltd.

(HKEX:0294)

Select Model
Rating:54Neutral
Price Target:HKD 1.00â–²(0.00% Upside)
Action:reiterated
Date:08/04/26

The score is held back primarily by weak financial performance—declining revenue, recurring losses, and uneven cash generation—despite the benefit of a very low-debt balance sheet. Technical indicators are moderately supportive with price above major moving averages and positive momentum. Valuation is constrained by a negative P/E, with only partial offset from a modest dividend yield.

Positive Factors
Very Low LeverageThe extremely low debt burden reduces financial risk and limits interest-related pressure on the business. This conservative balance sheet provides flexibility to absorb operating volatility and preserve funding capacity, even while profitability remains weak.
Negative Factors
Persistent Losses and Shrinking RevenueRecurring losses combined with declining revenue point to deteriorating business momentum and weak earnings quality. This reduces internal funding capacity, limits confidence in near-term earnings recovery, and makes sustained improvement dependent on reversing the underlying revenue trend.

Yangtzekiang Garment Co. Ltd. (0294) vs. iShares MSCI Hong Kong ETF (EWH)

-20%-10%0%10%20%30%40%50%HK:0294+28.53%EWH+7.37%Dec '25Jan '26Feb '26Mar '26Apr '26May '26Jun '26Jul '26Aug '26Sep '26Oct '26
Market Cap
HKD 206.75M
Dividend Yield
10.00%
Average Volume (3M)
43.98K
Price to Earnings (P/E)
-2.1
Beta (1Y)
0.15
Revenue Growth
2.86%
EPS Growth
-63.19%
Country
Hong Kong
Employees
125
Sector
Consumer Cyclical
Sector Strength
61
Industry
Apparel - Manufacturers

Yangtzekiang Garment Co. Ltd. Business Overview & Revenue Model

Company Description

Yangtzekiang Garment Limited specializes in the production and distribution of apparel and textile goods. Its operations are organized into three primary divisions: manufacturing and retailing garments and textiles, investments in joint ventures, and...

How the Company Makes Money

null

Yangtzekiang Garment Co. Ltd. Financial Statement Overview

Summary

Fundamentals are mixed but skew weak: profitability has deteriorated with recurring net losses and shrinking revenue, including a significant loss in 2026. The balance sheet is conservative with very low leverage, which lowers financial risk, but equity has been declining and ROE is negative. Cash flow is inconsistent—strong in 2023, negative in 2024, and only modestly positive again in 2025–2026—reducing earnings quality and visibility.

Income Statement

24Negative

Balance Sheet

78Positive

Cash Flow

38Negative
Financial statement breakdown
BreakdownTTMMar 2025Mar 2024Mar 2023Mar 2022Mar 2021
Income Statement
Total Revenue191.77M191.77M186.43M234.30M365.76M390.45M
Gross Profit39.25M39.74M34.41M44.36M71.70M60.63M
EBITDA-1.02M-3.62M-62.46M-8.27M-15.37M39.70M
Net Income-97.71M-97.71M-59.88M-48.17M-23.25M30.66M
Balance Sheet
Total Assets939.50M939.50M1.02B1.09B1.19B1.30B
Cash, Cash Equivalents and Short-Term Investments330.87M330.87M332.14M304.50M306.17M235.47M
Total Debt92.00K92.00K64.00K164.00K74.00K535.00K
Total Liabilities55.12M55.12M63.99M71.27M85.24M127.32M
Stockholders Equity884.38M884.38M960.28M1.02B1.11B1.17B
Cash Flow
Free Cash Flow1.12M1.12M1.78M-6.95M65.47M-24.73M
Operating Cash Flow1.60M1.60M2.39M-6.80M72.15M-18.31M
Investing Cash Flow759.00K759.00K-63.21M24.53M-121.31M-8.23M
Financing Cash Flow-4.21M-4.21M-4.99M-5.10M-5.99M-4.98M

Yangtzekiang Garment Co. Ltd. Technical Analysis

Technical Analysis SentimentPositive
Last Price1.00

Price Trends

50DMA0.98Positive
100DMA0.89Positive
200DMA0.81Positive

Market Momentum

MACD0.02Positive
RSI47.38Neutral
STOCH16.26Positive

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For HK:0294, the sentiment is Positive. The current price of 1.00 is below the 20-day moving average (MA) of 1.07, above the 50-day MA of 0.98, and above the 200-day MA of 0.81, indicating a neutral trend. The MACD of 0.02 indicates Positive momentum. The RSI at 47.38 is Neutral, neither overbought nor oversold. The STOCH value of 16.26 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for HK:0294.

Yangtzekiang Garment Co. Ltd. Peers Comparison

Overall Rating

UnderperformOutperform
Sector (61)

Financial Indicators

HK:0294 against its peers
NameOverall RatingMarket CapP/E RatioROEDividend YieldRevenue GrowthEPS Growth
HK:2232HK:223280OutperformHKD 21.97B11.8814.47%5.52%4.21%9.77%
HK:2313HK:231362NeutralHKD 57.57B10.8012.10%5.43%1.86%-27.58%
Sector *61Neutral$18.38B12.79-2.54%3.03%1.52%-15.83%
HK:2199HK:219961NeutralHKD 3.14B11.159.33%6.24%-1.56%53.99%
HK:0294HK:029454NeutralHKD 206.75M-2.13-10.87%10.00%2.86%-63.19%
HK:0321HK:032146NeutralHKD 1.06B6.583.28%13.07%-7.87%38.45%
HK:1382HK:138240UnderperformHKD 1.09B13.342.83%8.81%-0.86%-50.37%

* Consumer Cyclical Sector Average

Performance Comparison

0%50%HK:0294HK:1382HK:2313HK:0321HK:2199HK:2232Dec '25Jan '26Feb '26Mar '26Apr '26May '26Jun '26Jul '26Aug '26Sep '26Oct '26
HK:0294 and its peers over the selected period
Show on chartTickerCompany NamePriceChange% Change
HK:0294Yangtzekiang Garment Co. Ltd.1.000.2330.04%
HK:1382Pacific Textiles Holdings 0.80-0.56-41.29%
HK:2313Shenzhou International Group Holdings 38.30-25.23-39.71%
HK:0321Texwa Holdings 0.770.079.29%
HK:2199Regina Miracle International (Holdings) Limited2.560.6735.57%
HK:2232Crystal International Group Limited7.701.2619.64%

Yangtzekiang Garment Co. Ltd. Corporate Events

Yangtzekiang Garment Sets Out Board and Committee Structure

Sep 18, 2026

Yangtzekiang Garment Limited has announced the current composition of its board of directors, detailing six executive directors and three independent non-executive directors, including the chairman and managing director roles. The company also outlin...

Yangtzekiang Garment Shareholders Approve All AGM Resolutions, Back Governance and Capital Mandates

Sep 18, 2026

Yangtzekiang Garment Limited announced that all resolutions at its 18 September 2026 annual general meeting were approved by shareholders by way of poll, with no abstentions or voting restrictions reported. Investors backed the audited financial stat...

Yangtzekiang Garment to Sell Subsidiary in HK$42 Million Deal

Sep 15, 2026

Yangtzekiang Garment Limited has agreed to dispose of an indirect wholly owned subsidiary under a memorandum of understanding signed on 15 September 2026. The unit, referred to as the Target Company and held via Hong Kong Knitters Limited, will be so...

Yangtzekiang Garment keeps audit fees stable amid muted expansion plans

Aug 11, 2026

Yangtzekiang Garment Limited has issued a supplemental announcement detailing the expected audit fees for KPMG for the financial year ending 31 March 2027, estimated between HK$1.1 million and HK$1.3 million, broadly in line with the previous year. T...

Yangtzekiang Garment Calls AGM to Approve Dividend, Board Mandates and Auditor

Jul 31, 2026

Yangtzekiang Garment Limited has called its annual general meeting for 18 September 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...

Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

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