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Alco Holdings (0328) AI Stock Analysis
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Alco Holdings
(HKEX:0328)
The score is held down primarily by very weak financial performance—persistent operating losses, negative equity, and deteriorating negative operating/free cash flow. Technicals provide a partial offset with improving near-term momentum, but overbought indicators and a price still below the 200-day average temper that support. Valuation remains challenging because losses (negative P/E) reduce the reliability of earnings-based valuation signals.
Alco Holdings (0328) vs. iShares MSCI Hong Kong ETF (EWH)
- Market Cap
- HKD 69.00M
- Dividend Yield
- ―
- Average Volume (3M)
- 9.13M
- Price to Earnings (P/E)
- -0.2
- Beta (1Y)
- 0.61
- Revenue Growth
- 23.35%
- EPS Growth
- -4.85%
- Country
- Hong Kong
- Employees
- 25
- Sector
- Technology
- Sector Strength
- 61
- Industry
- Consumer Electronics
Alco Holdings Business Overview & Revenue Model
Company Description
Operating as an investment holding company, Alco Holdings Limited specializes in the global design, manufacture, and distribution of consumer electronics. Its market presence spans North America, Asia, Europe, and other international territories. The...
How the Company Makes Money
Alco Holdings makes money mainly by supplying consumer electronics (primarily audio and related electronic products) to customers under OEM/ODM arrangements. Revenue is generated from (1) sales of finished products manufactured to customers’ specific...
Alco Holdings Financial Statement Overview
Summary
Overall financial quality is very weak. Income statement shows structurally poor profitability with recurring operating losses and weak gross margins; the 2024 net profit appears non-recurring given an operating loss. Balance sheet is stressed with negative shareholders’ equity throughout 2022–2026 and a shrinking asset base, despite some debt reduction in 2026. Cash flow is the biggest drag: operating and free cash flow are consistently negative and worsened in 2026, indicating ongoing cash burn.
Income Statement
18Very NegativeBalance Sheet
22NegativeCash Flow
12Very Negative| Breakdown | TTM | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 122.50M | 122.50M | 99.31M | 148.42M | 89.32M | 542.41M |
| Gross Profit | 5.61M | 5.61M | 5.12M | 8.86M | -10.95M | -111.81M |
| EBITDA | -64.65M | -64.64M | -50.54M | -51.50M | -83.52M | -323.26M |
| Net Income | -86.89M | -86.89M | -64.27M | 4.30M | -502.19M | -594.36M |
Balance Sheet | ||||||
| Total Assets | 113.74M | 113.74M | 179.49M | 182.41M | 283.29M | 833.78M |
| Cash, Cash Equivalents and Short-Term Investments | 10.17M | 10.17M | 10.06M | 23.86M | 2.39M | 10.20M |
| Total Debt | 84.28M | 84.28M | 97.58M | 85.58M | 156.31M | 750.98M |
| Total Liabilities | 132.72M | 132.72M | 244.19M | 269.94M | 1.08B | 1.11B |
| Stockholders Equity | -17.34M | -17.34M | -64.04M | -72.58M | -788.65M | -272.27M |
Cash Flow | ||||||
| Free Cash Flow | 0 | -135.64M | -98.49M | -69.47M | -1.14M | -169.45M |
| Operating Cash Flow | 0 | -132.94M | -96.56M | -69.47M | -157.00K | -138.98M |
| Investing Cash Flow | 0 | -2.70M | -2.05M | 3.65M | 10.97M | -29.25M |
| Financing Cash Flow | 0 | 135.86M | 78.63M | 96.07M | -17.11M | 82.93M |
Alco Holdings Technical Analysis
Price Trends
Market Momentum
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For HK:0328, the sentiment is Negative. The current price of 0.47 is below the 20-day moving average (MA) of 0.48, below the 50-day MA of 0.49, and below the 200-day MA of 0.72, indicating a bearish trend. The MACD of -0.00 indicates Negative momentum. The RSI at 45.88 is Neutral, neither overbought nor oversold. The STOCH value of 36.23 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for HK:0328.
Alco Holdings Peers Comparison
Overall Rating
HK:009962Neutral
HK:174762Neutral
HK:075150Neutral- HK:032847Neutral
HK:016744Neutral
HK:092743Neutral
Financial Indicators
| Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
| HK:0099 | 62Neutral | HKD 598.10M | 13.01 | 1.26% | 3.59% | -9.35% | ― |
| HK:1747 | 62Neutral | HKD 1.99B | 59.87 | 9.42% | 1.40% | -15.02% | -7.20% |
| Sector * | 61Neutral | $37.18B | 12.37 | -10.20% | 1.83% | 8.50% | -7.62% |
| HK:0751 | 50Neutral | HKD 6.06B | 5.92 | 4.82% | ― | 5.05% | 241.01% |
| HK:0328 | 47Neutral | HKD 134.60M | -0.21 | 172.41% | ― | 23.35% | -4.85% |
| HK:0167 | 44Neutral | HKD 3.17B | -58.04 | -27.65% | ― | ― | ― |
| HK:0927 | 43Neutral | HKD 212.07M | -7.89 | -5.13% | 4.82% | -14.71% | 37.97% |
* Technology Sector Average
Performance Comparison
| Show on chart | Ticker | Company Name | Price | Change | % Change |
|---|---|---|---|---|---|
| HK:0328 | Alco Holdings Limited | 0.47 | -1.38 | -74.64% | |
| HK:0751 | Skyworth Digital Holdings | 3.21 | -0.81 | -20.15% | |
| HK:0099 | Wong's International Holdings | 1.25 | -0.00 | -0.32% | |
| HK:0167 | IDT International Limited | 6.10 | 4.19 | 219.37% | |
| HK:0927 | Fujikon Industrial Holdings Limited | 0.41 | -0.24 | -36.64% | |
| HK:1747 | Home Control International Limited | 3.71 | -2.04 | -35.46% |
Alco Holdings Corporate Events
Alco Holdings Plans Discounted Share Placing to Fund South American Expansion
Alco Holdings has entered into a placing agreement to issue up to 57,278,430 new shares, equivalent to about 20% of its existing share capital and 16.67% of its enlarged capital, at HK$0.387 per share, representing a discount to recent market prices....
Alco Holdings Signs South American Distribution Deals and Details Capital Use
Alco Holdings has signed long-term cooperation agreements with distributors in Brazil and Chile to market and sell its own-brand notebook and tablet computers in South America. The deals are intended to broaden the company’s local distribution...
Alco Holdings Shareholders Back Capital Mandates as AGM Blocks Re-election of Non-executive Director
Alco Holdings reported the voting outcomes of its 30 September 2026 annual general meeting, where shareholders approved the audited financial statements, the re-election of three independent non-executive directors, and the authorization for the boar...
Alco Holdings Details Board and Committee Roles to Strengthen Governance
Alco Holdings Limited, incorporated in Bermuda and listed in Hong Kong under stock code 328, operates as an investment holding company with interests in consumer electronics and related manufacturing businesses. The group focuses on supplying electro...
Alco Holdings Terminates JV Stake Acquisition and Sells Entire Interest
Alco Holdings Limited has updated investors on an earlier plan to acquire an additional 11% stake in a joint venture company, a transaction that was contingent on due diligence covering business, financial, tax and legal matters. Those conditions wer...
Alco Holdings Details Estimated Audit Fee for Proposed Reappointment of Auditor
Alco Holdings Limited has issued a supplemental announcement ahead of its upcoming annual general meeting, clarifying details on the proposed re-appointment of Global Link CPA Limited as its auditor. The board plans to seek shareholder approval to re...
Alco Holdings Sets 2026 AGM to Approve Accounts, Board Changes and Share Issue Mandate
Alco Holdings has convened its next annual general meeting for 30 September 2026 in Hong Kong, where shareholders will review the audited consolidated financial statements and the reports of directors and auditors for the year ended 31 March 2026. Th...
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: Sep 06, 2026