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Sandmartin International Holdings Limited (0482) AI Stock Analysis
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Sandmartin International Holdings Limited
(HKEX:0482)
The score is driven primarily by weak financial performance—deepening losses, negative equity, and meaningful debt—partially offset by positive operating and free cash flow in 2024–2025 (though sharply lower in 2025). Technicals add further pressure as price remains below all key moving averages with negative MACD. Valuation offers limited support because the negative P/E reflects ongoing losses and no dividend yield is provided.
Sandmartin International Holdings Limited (0482) vs. iShares MSCI Hong Kong ETF (EWH)
- Market Cap
- HKD 49.22M
- Dividend Yield
- ―
- Average Volume (3M)
- 78.76K
- Price to Earnings (P/E)
- -0.6
- Beta (1Y)
- 0.01
- Revenue Growth
- -18.90%
- EPS Growth
- -75.62%
- Country
- Hong Kong
- Employees
- 856
- Sector
- Technology
- Sector Strength
- 61
- Industry
- Communication Equipment
Sandmartin International Holdings Limited Business Overview & Revenue Model
Company Description
Sandmartin International Holdings Ltd. functions as an investment holding company, primarily engaged in the manufacturing and commercialization of satellite television hardware and diverse electronic merchandise. Its operations are organized into thr...
How the Company Makes Money
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Sandmartin International Holdings Limited Financial Statement Overview
Summary
Financial health is weak overall: profitability is consistently negative with net margin worsening to about -25% in 2025 and revenue declining about -20% in 2025. Balance-sheet risk is high due to negative shareholders’ equity from 2022–2025 alongside meaningful, steady debt. Cash flow is the main positive—operating and free cash flow were positive in 2024–2025—but free cash flow fell sharply (~71%) in 2025, limiting confidence.
Income Statement
18Very NegativeBalance Sheet
12Very NegativeCash Flow
32Negative| Breakdown | TTM | Dec 2025 | Jun 2025 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 455.69M | 449.73M | 648.69M | 562.03M | 745.95M | 926.47M |
| Gross Profit | 31.51M | 31.38M | 64.20M | 73.61M | 79.69M | 121.19M |
| EBITDA | -135.75M | -123.66M | 14.66M | -48.36M | 23.57M | 26.04M |
| Net Income | -96.53M | -114.59M | -30.57M | -126.57M | -77.55M | -25.43M |
Balance Sheet | ||||||
| Total Assets | 715.40M | 697.46M | 860.27M | 846.76M | 866.87M | 1.02B |
| Cash, Cash Equivalents and Short-Term Investments | 126.98M | 82.00M | 69.25M | 75.33M | 87.41M | 114.96M |
| Total Debt | 279.42M | 386.00M | 398.10M | 421.58M | 370.45M | 390.86M |
| Total Liabilities | 866.62M | 905.29M | 929.43M | 883.72M | 854.01M | 921.98M |
| Stockholders Equity | -89.79M | -159.86M | -64.40M | -58.36M | -25.77M | 55.28M |
Cash Flow | ||||||
| Free Cash Flow | 58.90M | 14.28M | 28.49M | -88.52M | 356.00K | -995.00K |
| Operating Cash Flow | 61.56M | 18.60M | 45.95M | -77.18M | 6.42M | 6.37M |
| Investing Cash Flow | 5.53M | 4.73M | -29.75M | -17.35M | -15.12M | -4.09M |
| Financing Cash Flow | -21.92M | -11.95M | -21.31M | 82.00M | -15.98M | 15.45M |
Sandmartin International Holdings Limited Technical Analysis
Price Trends
Market Momentum
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For HK:0482, the sentiment is Negative. The current price of 0.40 is below the 20-day moving average (MA) of 0.43, below the 50-day MA of 0.47, and below the 200-day MA of 0.67, indicating a bearish trend. The MACD of -0.02 indicates Negative momentum. The RSI at 15.59 is Positive, neither overbought nor oversold. The STOCH value of 74.72 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for HK:0482.
Sandmartin International Holdings Limited Peers Comparison
Overall Rating
HK:152387Outperform
HK:147366Neutral
HK:161761.5Neutral
HK:234257Neutral
HK:996342Neutral- HK:048242Neutral
Financial Indicators
| Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
| HK:1523 | 87Outperform | HKD 8.01B | 19.57 | 89.60% | 5.24% | 16.15% | 26.85% |
| HK:1473 | 66Neutral | HKD 1.42B | 32.09 | 14.03% | 1.25% | 4.77% | 19.94% |
| HK:1617 | 62Neutral | HKD 307.36M | 6.17 | 4.88% | ― | 11.57% | -26.37% |
| Sector * | 61Neutral | $37.18B | 12.37 | -10.20% | 1.83% | 8.50% | -7.62% |
| HK:2342 | 57Neutral | HKD 2.85B | 101.67 | 0.86% | 0.28% | 4.27% | ― |
| HK:9963 | 42Neutral | HKD 3.66B | -49.74 | -14.47% | ― | 76.36% | 48.06% |
| HK:0482 | 42Neutral | HKD 98.16M | -0.58 | 77.33% | ― | -18.90% | -75.62% |
* Technology Sector Average
Performance Comparison
| Show on chart | Ticker | Company Name | Price | Change | % Change |
|---|---|---|---|---|---|
| HK:0482 | Sandmartin International Holdings Limited | 0.40 | -0.29 | -42.28% | |
| HK:2342 | Comba Telecom Systems Holdings | 0.92 | -1.84 | -66.85% | |
| HK:9963 | Transtech Optelecom Science Holdings Limited | 9.45 | 9.03 | 2150.00% | |
| HK:1473 | Pangaea Connectivity Technology Limited | 1.20 | 0.79 | 189.86% | |
| HK:1523 | Plover Bay Technologies Ltd. | 7.23 | 1.14 | 18.66% | |
| HK:1617 | Nanfang Communication Holdings Ltd. | 0.19 | 0.08 | 71.82% |
Sandmartin International Holdings Limited Corporate Events
Sandmartin Updates Bermuda Registered Office and Share Registrar Details
Sandmartin International Holdings Limited announced that, effective 3 August 2026, its registered office, principal share registrar and transfer agent in Bermuda will relocate to Richmond House, 12 Par-la-Ville Road, Hamilton HM 08, Bermuda. The comp...
Sandmartin Narrows Interim Loss and Bolsters Capital Amid Margin Pressure
Sandmartin International Holdings reported unaudited revenue of approximately HK$231.2 million for the six months ended 30 June 2026, a 2.6% year-on-year increase. The group narrowed its loss attributable to shareholders to about HK$22.1 million from...
Sandmartin Sets Board Meeting to Review Interim Results and Consider Dividend
Sandmartin International Holdings Limited has scheduled a board meeting for 31 August 2026 to review and approve the unaudited interim results for the six months ended 30 June 2026, and to authorize their publication. The board will also consider dec...
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 22, 2026