TipRanks
Go Ultimate55% OFF

Allan International Holdings Limited (0684) AI Stock Analysis

HK:0684

Allan International Holdings Limited

(HKEX:0684)

Select Model
Rating:44Neutral
Price Target:HKD 0.49â–¼(-3.00% Downside)
Action:reiterated
Date:09/10/26

The overall score is low because the company remains structurally loss-making with negative operating and free cash flow, and the negative P/E offers little valuation support despite a strong, under-levered balance sheet that reduces solvency risk. Secondary factors modestly influence the score: technical indicators point to a longer-term downtrend with weak momentum but an oversold setup and very low beta, suggesting limited volatility yet no clear bullish signal at this stage.

Positive Factors
Conservative balance sheetExtremely low leverage materially reduces refinancing and solvency risk, while substantial equity provides a cushion against continued operating losses. This conservative financial structure preserves flexibility to sustain the business and pursue recovery without the added burden of significant debt obligations.
Negative Factors
Persistent net lossesSeveral years of losses, including FY2026, show that the company has not yet converted its operations into sustainable profitability. Persistent negative earnings can constrain reinvestment, weaken shareholder returns, and make the recent revenue and margin recovery less dependable until profits are consistently achieved.

Allan International Holdings Limited (0684) vs. iShares MSCI Hong Kong ETF (EWH)

-30%-20%-10%0%10%20%HK:0684-9.09%EWH+7.37%Dec '25Jan '26Feb '26Mar '26Apr '26May '26Jun '26Jul '26Aug '26Sep '26Oct '26
Market Cap
HKD 166.53M
Dividend Yield
―
Average Volume (3M)
109.68K
Price to Earnings (P/E)
-4.4
Beta (1Y)
-0.02
Revenue Growth
23.15%
EPS Growth
60.71%
Country
Hong Kong
Employees
1,550
Sector
Consumer Cyclical
Sector Strength
61
Industry
Furnishings, Fixtures & Appliances

Allan International Holdings Limited Business Overview & Revenue Model

Company Description

Allan International Holdings Limited, an investment holding company founded in 1992 and headquartered in Chai Wan, Hong Kong, operates across several key sectors. Globally, it specializes in the production and sale of household electrical appliances,...

Allan International Holdings Limited Financial Statement Overview

Summary

Financial performance is weak overall: income statement and cash flow sub-scores are very low (28 and 24), reflecting persistent losses and negative operating and free cash flow, while a strong, under-levered balance sheet (score 82) provides solvency but only partially offsets the lack of sustainable profitability and cash generation.

Income Statement

28Negative

Balance Sheet

82Very Positive

Cash Flow

24Negative
Financial statement breakdown
BreakdownTTMMar 2025Mar 2024Mar 2023Mar 2022Mar 2021
Income Statement
Total Revenue572.84M572.84M465.17M484.76M413.33M783.19M
Gross Profit58.89M58.89M11.63M39.53M16.73M51.51M
EBITDA-36.55M-36.55M-91.84M-69.17M-52.05M-7.69M
Net Income-37.77M-37.77M-96.14M-69.13M-62.05M-27.00M
Balance Sheet
Total Assets913.49M913.49M937.61M1.09B1.25B1.41B
Cash, Cash Equivalents and Short-Term Investments292.09M292.09M373.39M484.69M563.14M533.57M
Total Debt417.00K417.00K5.54M10.66M15.79M20.91M
Total Liabilities220.40M220.40M220.28M221.35M241.54M310.00M
Stockholders Equity693.09M693.09M717.33M871.01M1.01B1.10B
Cash Flow
Free Cash Flow-82.54M-82.54M-64.30M-38.41M52.23M-43.90M
Operating Cash Flow-82.15M-82.15M-62.53M-38.41M54.14M-32.01M
Investing Cash Flow34.89M34.89M10.78M82.94M-5.04M13.76M
Financing Cash Flow-5.12M-5.12M-62.18M-55.78M-12.28M-93.26M

Allan International Holdings Limited Technical Analysis

Technical Analysis SentimentPositive
Last Price0.50

Price Trends

50DMA0.44Positive
100DMA0.44Positive
200DMA0.49Positive

Market Momentum

MACD0.02Negative
RSI72.80Negative
STOCH69.71Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For HK:0684, the sentiment is Positive. The current price of 0.50 is above the 20-day moving average (MA) of 0.48, above the 50-day MA of 0.44, and above the 200-day MA of 0.49, indicating a bullish trend. The MACD of 0.02 indicates Negative momentum. The RSI at 72.80 is Negative, neither overbought nor oversold. The STOCH value of 69.71 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for HK:0684.

Allan International Holdings Limited Peers Comparison

Overall Rating

UnderperformOutperform
Sector (61)

Financial Indicators

HK:0684 against its peers
NameOverall RatingMarket CapP/E RatioROEDividend YieldRevenue GrowthEPS Growth
HK:1999HK:199965NeutralHKD 8.67B4.8013.03%10.64%-2.80%-12.13%
HK:1373HK:137363NeutralHKD 449.19M10.065.15%8.35%-8.88%-4.52%
Sector *61Neutral$18.38B12.79-2.54%3.03%1.52%-15.83%
HK:1418HK:141855NeutralHKD 211.75M4.694.32%8.26%35.18%-56.12%
HK:6822HK:682249NeutralHKD 259.00M-3.23-19.17%10.81%-40.91%-256.21%
HK:2222HK:222246NeutralHKD 294.22M-16.07-0.49%―4.73%76.27%
HK:0684HK:068444NeutralHKD 166.53M-4.41-5.41%―23.15%60.71%

* Consumer Cyclical Sector Average

Performance Comparison

-40%-20%0%HK:0684HK:1373HK:1999HK:1418HK:2222HK:6822Dec '25Jan '26Feb '26Mar '26Apr '26May '26Jun '26Jul '26Aug '26Sep '26Oct '26
HK:0684 and its peers over the selected period
Show on chartTickerCompany NamePriceChange% Change
HK:0684Allan International Holdings Limited0.50-0.05-9.09%
HK:1373International Housewares Retail Co 0.64-0.09-12.05%
HK:1999Man Wah Holdings 2.25-2.34-50.98%
HK:1418Sinomax Group Ltd.0.12-0.10-45.00%
HK:2222NVC International Holdings Ltd.0.58-0.14-19.44%
HK:6822King's Flair International (Holdings) Limited0.37-0.04-9.76%

Allan International Holdings Limited Corporate Events

Allan International Moves to Restore Public Float Below HKEX Threshold

Oct 2, 2026

Allan International Holdings Limited has disclosed that its public float stands at 24.04%, below the 25% minimum required under Hong Kong listing rules. The latest shareholding data show that trustee-related entities, core connected persons and a pai...

Allan International Defers Share Award Plan as It Seeks Sustainable Public Float Solution

Sep 17, 2026

Allan International Holdings has provided an update on its efforts to restore the required public float, outlining why it has decided to defer a proposed share award scheme. After obtaining preliminary cost estimates, the board concluded that the exp...

Allan International Extends Timeline to Restore Hong Kong Public Float Compliance

Sep 3, 2026

Allan International Holdings Limited, a Bermuda-incorporated company listed in Hong Kong under stock code 684, has disclosed that its current public float stands at 24.04%, below the 25% minimum required under the local Listing Rules. The announcemen...

Allan International Shareholders Approve All AGM Resolutions and Capital Mandates

Aug 14, 2026

Allan International Holdings Limited reported that all resolutions put to shareholders at its annual general meeting on 14 August 2026 were approved by poll voting. Shareholders endorsed the audited financial statements for the year ended 31 March 20...

Allan International Sets 2026 Timeline to Restore HKEX Public Float

Aug 4, 2026

Allan International Holdings has confirmed that its public float stands at 24.04%, below the 25% minimum required under Hong Kong Listing Rules, due to significant holdings by trusts, core connected persons and major shareholders. The board acknowled...

Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

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 10, 2026