Speedy Global Holdings Ltd. (0540) AI Stock Analysis

• Market Cap: HK$84.00M
• Dividend Yield: N/A
• Average Volume (3M): 147.87K
• Price to Earnings (P/E): 5.9
• Beta (1Y): 1.32
• Revenue Growth: -5.03%
• EPS Growth: 229.17%
• Country: HK
• Employees: 138
• Sector: Consumer Cyclical
• Sector Strength: 84
• Industry: Apparel - Manufacturers
• EPS (TTM): <0.01
• Shares Outstanding: 600,000,000
• 10 Day Avg. Volume: 135,600
• 30 Day Avg. Volume: 147,866
• PEG Ratio: -0.01
• Price to Book (P/B): 0.99
• Price to Sales (P/S): 0.13
• P/FCF Ratio: -4.36
• 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: 0
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 55 Neutral
• Price Target: HK$0.00 ▼(-100.00% Downside)

Speedy Global Holdings Ltd. shows a strong recovery in profitability and improved financial performance, but faces significant challenges in cash flow sustainability. The technical analysis indicates bearish momentum, while the low P/E ratio suggests potential undervaluation. The absence of earnings call data and corporate events limits further insights.

Speedy Global Holdings Ltd. Business Overview & Revenue Model

Company Description

Speedy Global Holdings Limited, an investment holding company, engages in the provision of apparel supply chain services in the People's Republic of China, Cambodia, Hong Kong, and Macau. It offers apparel supply chain services, including product design and development, fashion trend ascertaining and sampling, raw material sourcing, production order and merchandise sourcing management, quality control, packaging, inventory management, and logistics management for the design, development, and production of a range of men's and women's woven wear, cut-and-sewn knitwear, and sweater knitwear products to owners or agents of various apparel brands. The company was founded in 2003 and is headquartered in Dongguan, the People's Republic of China. Speedy Global Holdings Limited is a subsidiary of Sky Halo Holdings Limited.

How the Company Makes Money

Speedy Global Holdings generates revenue through multiple key streams, primarily from its logistics and supply chain management services. The company charges clients for transportation services, including freight forwarding and distribution, which are billed based on distance, cargo weight, and service type. Additionally, it earns income from warehousing operations, where clients pay for storage space and inventory management services. Speedy Global also benefits from significant partnerships with shipping lines, airlines, and other logistics providers, which enable it to offer competitive rates and expand its service offerings. These strategic alliances enhance its market reach and contribute to steady revenue growth. Furthermore, the company may also have ancillary revenue sources from consulting services related to supply chain optimization and technology solutions, enhancing its overall earnings potential.

Speedy Global Holdings Ltd. Financial Statement Overview

Summary

Speedy Global Holdings Ltd. has shown a strong recovery and improved profitability, with significant revenue growth and improved margins. The balance sheet indicates moderate leverage and a high reliance on liabilities. However, the cash flow statement raises concerns due to a drop in operating and free cash flows to zero, which affects cash sustainability.

Income Statement

The company has shown a significant improvement in its income statement. Gross profit margin improved from 8.5% in 2023 to 12.3% in 2024, indicating better cost management or pricing. The revenue growth rate from 2023 to 2024 was 42.8%, which is a strong recovery trajectory. Net profit margin improved substantially from -1.1% to 2.6%, marking a return to profitability. EBIT margin improved from -0.3% to 3.8% and EBITDA margin from 2.8% to 5.9%, reflecting better operational efficiency.

Balance Sheet

The balance sheet indicates moderate financial health. The debt-to-equity ratio improved from 1.39 in 2023 to 0.88 in 2024, showing reduced leverage. Return on Equity (ROE) improved from -7.1% to 19.6%, indicating enhanced equity utilization. However, the equity ratio decreased from 26.6% to 30.4%, suggesting a relatively high level of liabilities compared to assets.

Cash Flow

Cash flow analysis reveals challenges. Operating cash flow dropped from 22.5 million in 2023 to zero in 2024, indicating potential operational cash generation issues. Free cash flow, which was 21.5 million in 2023, also fell to zero, raising concerns about cash sustainability. The operating cash flow to net income ratio was not computable due to zero operating cash flow, and free cash flow to net income ratio was also zero, reflecting cash management issues.

Breakdown	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	660.55M	462.33M	561.80M	750.47M	685.69M
Gross Profit	81.41M	39.32M	42.60M	48.80M	59.98M
EBITDA	39.13M	12.95M	-8.94M	-11.14M	-118.99M
Net Income	16.90M	-4.95M	-34.46M	-31.27M	-148.85M
Balance Sheet
Total Assets	283.31M	260.96M	319.86M	437.27M	497.15M
Cash, Cash Equivalents and Short-Term Investments	87.34M	127.11M	160.72M	193.11M	179.84M
Total Debt	76.05M	96.73M	154.25M	200.11M	135.91M
Total Liabilities	197.19M	191.43M	244.43M	316.56M	346.82M
Stockholders Equity	86.12M	69.53M	75.43M	120.71M	150.33M
Cash Flow
Free Cash Flow	-19.55M	21.54M	14.58M	13.60M	-1.68M
Operating Cash Flow	-18.95M	22.51M	16.03M	15.62M	1.28M
Investing Cash Flow	35.05M	-28.78M	-8.00K	-1.39M	-2.31M
Financing Cash Flow	-20.41M	-57.17M	-45.86M	-5.77M	7.72M

Speedy Global Holdings Ltd. Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 0.14
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Negative
• RSI: Neutral
• STOCH: Negative

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For HK:0540, the sentiment is Negative. The current price of 0.14 is below the 20-day moving average (MA) of 0.14, below the 50-day MA of 0.16, and below the 200-day MA of 0.16, indicating a bearish trend. The MACD of >-0.01 indicates Negative momentum. The RSI at 40.26 is Neutral, neither overbought nor oversold. The STOCH value of 100.00 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for HK:0540.

Speedy Global Holdings Ltd. Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
Sector *	61 Neutral	$18.38B	12.79	-2.54%	3.03%	1.52%	-15.83%
0333	58 Neutral	HK$94.83M	―	-8.92%	―	7.57%	-1383.56%
0540	55 Neutral	HK$84.00M	5.91	17.42%	―	-5.03%	229.17%
2223	51 Neutral	HK$177.92M	―	-3.62%	―	-9.34%	-177.30%
1906	48 Neutral	HK$809.12M	-30.90	-6.24%	―	5.88%	16.82%
0518	46 Neutral	HK$93.37M	―	-2.50%	2.42%	29.54%	22.54%

Speedy Global Holdings Ltd. Corporate Events

Speedy Global Holdings Appoints New Auditors at EGM

Speedy Global Holdings Ltd., a company listed on the Hong Kong Stock Exchange, held an extraordinary general meeting on October 10, 2025, where a resolution was passed to appoint SHINEWING (HK) CPA Limited as the company’s auditors. The meeting saw participation from shareholders holding approximately 54.56% of the total issued shares, and the resolution was unanimously approved. This decision marks a significant step in ensuring the company’s financial transparency and accountability, potentially strengthening its position in the market.

Speedy Global Holdings Schedules EGM to Appoint New Auditors

Speedy Global Holdings Limited has announced an Extraordinary General Meeting (EGM) scheduled for October 10, 2025, in Hong Kong. The primary agenda of this meeting is to consider and approve the appointment of SHINEWING (HK) CPA Limited as the company’s auditors until the next annual general meeting. This decision reflects the company’s ongoing commitment to maintaining transparency and sound financial practices, which could potentially impact its market perception and stakeholder confidence.

Speedy Global Holdings Announces Auditor Change

Speedy Global Holdings Ltd. announced the resignation of PricewaterhouseCoopers (PwC) as their auditor due to disagreements over remuneration for the financial year ending December 2025. The company plans to appoint SHINEWING (HK) CPA Limited as the new auditor, subject to shareholder approval, citing enhanced cost-effectiveness and maintained audit quality as benefits of the change.

Speedy Global Holdings Updates Nomination Committee Terms

Speedy Global Holdings Limited has revised the terms of reference for its Nomination Committee, which was originally established in 2012. The updated terms, effective from August 29, 2025, emphasize the inclusion of independent non-executive directors and gender diversity among its members, reflecting the company’s commitment to governance and diversity.

Speedy Global Holdings Issues Profit Warning Amid Revenue Decline

Speedy Global Holdings Limited has issued a profit warning, indicating a significant downturn in its financial performance for the first half of 2025. The company anticipates a net profit decline of at least 50% compared to the same period in 2024, primarily due to a substantial decrease in revenue and gross profit, attributed to reduced sales orders from major customers. Stakeholders are advised to exercise caution as the final financial results, expected by the end of August 2025, may differ from preliminary assessments.

Speedy Global Holdings Schedules Board Meeting for Financial Review

Speedy Global Holdings Ltd. has announced a board meeting scheduled for August 29, 2025, to review and approve the unaudited condensed consolidated financial statement for the first half of 2025. The meeting will also consider the declaration of an interim dividend, which could impact the company’s financial strategy and shareholder returns.