Starlite Holdings Limited (0403) AI Stock Analysis

• Market Cap: HK$100.13M
• Dividend Yield: 12.5%
• Average Volume (3M): 603.33K
• Price to Earnings (P/E): 5.2
• Beta (1Y): 0.24
• Revenue Growth: 7.25%
• EPS Growth: -256.40%
• Country: HK
• Employees: 2,600
• Sector: Real Estate
• Sector Strength: 53
• Industry: Packaging & Containers
• EPS (TTM): -0.07
• Shares Outstanding: 500,633,300
• 10 Day Avg. Volume: 415,000
• 30 Day Avg. Volume: 603,333
• PEG Ratio: N/A
• Price to Book (P/B): N/A
• Price to Sales (P/S): N/A
• 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: Hold
• Number of Analyst Covering: 1

• Rating: 52 Neutral
• Price Target: HK$0.00 ▼(-100.00% Downside)

Starlite Holdings Limited's overall stock score is primarily influenced by its financial performance challenges, particularly in profitability and cash flow management. Technical analysis shows a mild upward trend, providing some positive momentum. Valuation is mixed, with a negative P/E ratio offset by a high dividend yield, suggesting potential income opportunities for investors.

Starlite Holdings Limited Business Overview & Revenue Model

Company Description

Starlite Holdings Limited, an investment holding company, engages in printing and manufacturing packaging materials, labels, and paper products in Mainland China, Hong Kong, the United States, Southeast Asia, Europe, Canada, and internationally. It offers molded pulp products for various products, such as drink or food trays, bowls and plates, clamshell containers, egg cartons, shipping materials, and point of purchase packaging products; produces labels; and prints children's and novelty books, and board games comprising pop-up books, board games, puzzles, and book kits. The company also provides packaging products for household appliances, toys and games, greeting cards, consumer electronics, food and beverages, luxury, pharmaceuticals, and personal care products; blister, window box, and APET box packaging products; and luxury packaging products. In addition, it offers electronic products, such as sound modules, light sensors, and electric motors for paper printing; and e-business services through its Website teamgreenworld.net. Further, the company provides management services; manufactures and trades in machinery; trades in paper products and packaging materials; and holds trade and service marks. Additionally, it produces, trades in, and distributes team green products and automated equipment. The company was founded in 1970 and is headquartered in San Po Kong, Hong Kong.

How the Company Makes Money

Starlite Holdings Limited generates revenue primarily through the sale and leasing of residential and commercial properties. The company earns significant income from its property development projects, where it creates and sells new real estate assets. Furthermore, Starlite Holdings receives ongoing revenue from property management services, catering to both residential and commercial clients. Key revenue streams also include rental income from properties held in its investment portfolio. The company may also engage in joint ventures and partnerships with other developers or investors, which can enhance its financial performance by sharing risks and accessing new markets.

Starlite Holdings Limited Financial Statement Overview

Summary

Starlite Holdings Limited is facing challenges in profitability and cash flow management, despite some improvements in leverage. The company needs to focus on enhancing operational efficiency and profitability to improve its financial health. Stability in the balance sheet provides a foundation, but cash flow and income statement metrics highlight areas for improvement.

Income Statement

Starlite Holdings Limited has experienced fluctuating revenue growth, with a slight increase in the latest year. However, the company has struggled with profitability, as indicated by negative net profit and EBIT margins. The gross profit margin has decreased over the years, reflecting challenges in maintaining cost efficiency.

Balance Sheet

The company's debt-to-equity ratio has improved, indicating better leverage management. However, the return on equity has been negative recently, highlighting profitability issues. The equity ratio remains stable, suggesting a solid capital structure despite profitability challenges.

Cash Flow

Starlite Holdings Limited has faced significant volatility in free cash flow, with negative growth in the latest year. The operating cash flow to net income ratio is low, reflecting challenges in converting earnings into cash. The free cash flow to net income ratio is negative, indicating cash flow issues.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	883.66M	895.31M	834.75M	923.24M	1.05B	1.06B
Gross Profit	173.54M	134.83M	171.21M	155.38M	89.19M	158.84M
EBITDA	58.38M	23.39M	71.43M	60.47M	415.66M	-29.77M
Net Income	17.81M	-26.93M	17.42M	6.48M	357.47M	-98.53M
Balance Sheet
Total Assets	936.55M	842.01M	891.44M	953.49M	1.04B	1.02B
Cash, Cash Equivalents and Short-Term Investments	167.87M	198.85M	217.63M	251.78M	285.62M	275.25M
Total Debt	44.64M	78.79M	68.46M	93.11M	147.39M	319.93M
Total Liabilities	291.69M	262.43M	266.35M	309.36M	368.83M	666.28M
Stockholders Equity	644.70M	579.66M	624.75M	643.37M	670.64M	353.22M
Cash Flow
Free Cash Flow	-46.58M	-9.21M	-4.75M	38.90M	-218.16M	-222.36M
Operating Cash Flow	-7.10M	8.98M	39.81M	87.53M	-110.30M	-91.02M
Investing Cash Flow	-35.38M	-15.77M	-30.33M	-58.62M	190.59M	-106.36M
Financing Cash Flow	-42.91M	-5.70M	-30.69M	-66.81M	-85.63M	204.22M

Starlite Holdings Limited Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 0.20
• 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:0403, the sentiment is Positive. The current price of 0.2 is above the 20-day moving average (MA) of 0.20, above the 50-day MA of 0.20, and above the 200-day MA of 0.19, indicating a bullish trend. The MACD of >-0.01 indicates Positive momentum. The RSI at 54.75 is Neutral, neither overbought nor oversold. The STOCH value of 26.80 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for HK:0403.

Starlite Holdings Limited Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
1008	66 Neutral	388.84M	7.11	―	16.13%	2.14%	―
6898	64 Neutral	736.36M	46.15	―	0.55%	-2.08%	-23.18%
0403	52 Neutral	HK$100.13M	5.21	-4.47%	12.50%	7.25%	-256.40%
1820	46 Neutral	772.62M	-36.77	-3.68%	3.11%	4.56%	-186.08%
0252	45 Neutral	360.67M	-14.11	-2.29%	1.87%	20.54%	-145.32%
Sector *	65 Neutral	$2.17B	12.19	3.79%	4.94%	3.15%	1.96%

Starlite Holdings Limited Corporate Events

Starlite Holdings Limited Strengthens Board Diversity and Independence

Starlite Holdings Limited has outlined the terms of reference for its Nomination Committee, emphasizing its commitment to maintaining a diverse and independent board structure. The committee will consist of at least five members, including a majority of Independent Non-Executive Directors, and will meet at least annually to review the board’s composition and make recommendations to align with the company’s corporate strategy.

Starlite Holdings Limited Announces Successful AGM with All Resolutions Passed

Starlite Holdings Limited held its Annual General Meeting on August 27, 2025, where all proposed resolutions were passed with overwhelming support. The resolutions included the adoption of audited accounts, re-election of directors, authorization for the Board to fix director remuneration, and the re-appointment of auditors. Additionally, mandates were granted to the directors to allot, issue, and buy back shares, reflecting strong shareholder confidence in the company’s governance and strategic direction.

Starlite Holdings Limited Announces 2025 AGM and Key Resolutions

Starlite Holdings Limited has announced its 2025 Annual General Meeting (AGM) to be held on August 27, 2025, at The Ritz-Carlton in Hong Kong. The AGM will address several key agenda items, including the adoption of audited accounts, re-election of directors, and re-appointment of auditors. Additionally, the company will consider resolutions to authorize directors to allot and issue additional shares, potentially impacting the company’s capital structure and shareholder value.

Starlite Holdings Announces AGM Details for August 2025

Starlite Holdings Limited has announced that its annual general meeting (AGM) will be held on August 27, 2025, at The Ritz-Carlton in Hong Kong. To determine eligibility for attendance and voting, the company’s Register of Members will be closed from August 22 to August 27, 2025, during which no share transfers will be registered. Shareholders must ensure that their share transfers are lodged with the company’s branch share registrar by August 21, 2025. A circular with details of the AGM resolutions will be dispatched to shareholders in due course.

Starlite Holdings Reports Annual Loss Amid Rising Costs

Starlite Holdings Limited reported its annual financial results for the year ending March 31, 2025, revealing a challenging year with a net loss of HK$27.3 million, compared to a profit of HK$17 million the previous year. The company’s revenue increased to HK$895.3 million from HK$834.7 million, but higher costs and impairment losses led to an operating loss, impacting its financial performance and potentially affecting its market positioning.

Starlite Holdings Issues Profit Warning Amid US Tariff Impact

Starlite Holdings Limited has issued a profit warning, indicating a significant financial downturn for the fiscal year ending March 31, 2025. The company anticipates a loss of up to HK$28 million, contrasting with a profit of HK$17 million in the previous year. This downturn is attributed to decreased orders from the US due to tariffs, increased losses in the Team Green division from higher promotional costs and sales network expansion, and an impairment loss on an investment property. Stakeholders are advised to exercise caution, as the financial results are preliminary and subject to adjustments.