Allan International Holdings Limited (0684) AI Stock Analysis

• Market Cap: HK$189.84M
• Dividend Yield: 26.32%
• Average Volume (3M): 59.47K
• Price to Earnings (P/E): ―
• Beta (1Y): 0.11
• Revenue Growth: -4.04%
• EPS Growth: -39.02%
• Country: HK
• Employees: 1,550
• Sector: Industrials
• Sector Strength: 72
• Industry: Furnishings, Fixtures & Appliances
• EPS (TTM): -0.20
• Shares Outstanding: 333,054,530
• 10 Day Avg. Volume: 126,800
• 30 Day Avg. Volume: 59,466
• 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: HK$0.50
• Price Target Upside: -12.28% Downside
• Rating Consensus: Hold
• Number of Analyst Covering: 0

• Rating: 48 Neutral
• Price Target: HK$0.50 ▼(-12.28% Downside)

The overall stock score of 48 reflects significant financial challenges, including declining revenues and profitability, which are the most impactful factors. The technical analysis indicates a bearish trend, while the high dividend yield provides some support to the valuation score. The absence of recent earnings call data and corporate events limits further insights into the company's current situation.

Allan International Holdings Limited Business Overview & Revenue Model

Company Description

Allan International Holdings Limited, an investment holding company, manufactures and trades in household electrical appliances in Europe, Asia, the Americas, and internationally. The company offers food processors and mixers, juicing and blending products, deep frying products, kettles, and electric knives. It also engages in the manufacture and trade of plastic injection moulds and plastic parts; property investment and holding activities; and securities investment activities. The company was incorporated in 1992 and is headquartered in Chai Wan, Hong Kong.

How the Company Makes Money

Allan International Holdings Limited generates revenue primarily through the manufacture and sale of electronic components and accessories. The company's revenue model is driven by direct sales to both original equipment manufacturers (OEMs) and end consumers, allowing it to capture a wide market segment. Key revenue streams include product sales from its extensive range of electronic accessories, which are often sold under private labels or branded under its own name. Additionally, the company benefits from strategic partnerships with major electronics brands, enhancing its distribution capabilities and market presence. Factors contributing to its earnings include economies of scale in production, a diversified product portfolio, and ongoing demand for electronic accessories in rapidly growing markets.

Allan International Holdings Limited Financial Statement Overview

Summary

Allan International Holdings Limited faces significant financial challenges, with declining revenue, negative profitability, and cash flow difficulties. The company's strong equity position and low leverage provide some stability, but persistent losses and cash flow issues pose risks to its financial health. The focus should be on improving operational efficiency and reversing revenue and profit declines.

Income Statement

The company has experienced a consistent decline in revenue over the past few years, with TTM revenue at HK$484.8 million, down from HK$982.8 million in 2020. The gross profit margin is relatively low at 8.2%, and the net profit margin is negative at -14.3%, indicating ongoing losses. EBIT and EBITDA margins are also negative, reflecting operational challenges. Overall, the income statement shows declining performance and profitability concerns.

Balance Sheet

The company maintains a strong equity position with a debt-to-equity ratio of 0.01, indicating low leverage. The equity ratio stands at 79.7%, showcasing a solid capital structure. However, return on equity is negative due to net losses, which is a concern for long-term sustainability. Overall, the balance sheet is stable with low leverage but impacted by negative profitability.

Cash Flow

The operating cash flow has turned negative at HK$-38.4 million, and free cash flow has also declined compared to previous periods. The free cash flow to net income ratio is negative, reflecting cash flow difficulties amidst losses. The operating cash flow to net income ratio is also negative, indicating challenges in converting sales into cash. The cash flow statement shows liquidity pressures and operational inefficiencies.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	484.42M	465.17M	484.76M	413.33M	783.19M	909.47M
Gross Profit	38.34M	11.63M	39.53M	16.73M	51.51M	153.06M
EBITDA	-46.64M	-91.84M	-69.17M	-52.05M	-7.69M	68.91M
Net Income	-77.79M	-96.14M	-69.13M	-62.05M	-27.00M	46.40M
Balance Sheet
Total Assets	1.06B	937.61M	1.09B	1.25B	1.41B	1.58B
Cash, Cash Equivalents and Short-Term Investments	405.33M	373.39M	484.69M	563.14M	533.57M	662.01M
Total Debt	8.10M	5.54M	10.66M	15.79M	20.91M	26.04M
Total Liabilities	262.78M	220.28M	221.35M	241.54M	310.00M	378.93M
Stockholders Equity	800.59M	717.33M	871.01M	1.01B	1.10B	1.20B
Cash Flow
Free Cash Flow	-57.49M	-64.30M	-38.41M	52.23M	-43.90M	-24.59M
Operating Cash Flow	-56.02M	-62.53M	-38.41M	54.14M	-32.01M	-16.69M
Investing Cash Flow	41.34M	10.78M	82.94M	-5.04M	13.76M	152.78M
Financing Cash Flow	-80.65M	-62.18M	-55.78M	-12.28M	-93.26M	-35.68M

Allan International Holdings Limited Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 0.57
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For HK:0684, the sentiment is Negative. The current price of 0.57 is below the 20-day moving average (MA) of 0.59, below the 50-day MA of 0.60, and below the 200-day MA of 0.63, indicating a bearish trend. The MACD of >-0.01 indicates Positive momentum. The RSI at 35.98 is Neutral, neither overbought nor oversold. The STOCH value of 28.33 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for HK:0684.

Allan International Holdings Limited Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
2381	71 Outperform	HK$284.00M	10.84	19.44%	7.04%	10.65%	25.96%
0229	67 Neutral	HK$466.23M	9.16	―	12.90%	-12.47%	-26.29%
6822	53 Neutral	HK$297.50M	-13.20	3.81%	9.41%	8.85%	-18.82%
0684	48 Neutral	HK$189.84M	―	-12.11%	26.32%	-4.04%	-39.02%
2127	41 Neutral	HK$76.58M	-0.04	-47.12%	―	-72.73%	-764.81%
1715	41 Neutral	HK$119.05M	-1.74	-85.24%	―	-32.54%	71.35%
Sector *	63 Neutral	$10.79B	15.43	7.44%	2.01%	2.89%	-14.66%

Allan International Holdings Limited Corporate Events

Allan International Holdings Successfully Concludes AGM with All Resolutions Passed

Allan International Holdings Limited announced that all resolutions proposed at their Annual General Meeting (AGM) held on August 15, 2025, were passed by shareholders. The resolutions included the re-election of directors, re-appointment of auditors, and granting of mandates to the board for share allotment and buyback. This successful AGM reflects the company’s stable governance and strategic direction, potentially strengthening its market position and reassuring stakeholders of its operational continuity.

Allan International Holdings Announces 2025 AGM and Key Resolutions

Allan International Holdings Limited has announced its annual general meeting scheduled for August 15, 2025, in Hong Kong. The meeting will address several key resolutions, including the re-election of directors, re-appointment of the auditor, and granting the board authority to allot and issue shares. These resolutions, if passed, will enable the company to continue its governance and operational activities smoothly, potentially impacting its market operations and shareholder value.

Allan International Holdings Reports Increased Losses for Fiscal Year 2025

Allan International Holdings Limited reported its audited consolidated results for the year ended 31 March 2025, revealing a significant decline in financial performance compared to the previous year. The company experienced a decrease in revenue from HK$484,763,000 in 2024 to HK$465,170,000 in 2025, alongside a substantial drop in gross profit and an increase in administrative expenses. The overall loss for the year attributable to owners of the company was HK$96,136,000, a notable increase from the previous year’s loss of HK$69,131,000. This financial downturn, marked by losses in fair value changes of investment properties and other comprehensive expenses, indicates challenges in the company’s operational efficiency and market positioning.