Truly International Holdings (0732) AI Stock Analysis

• Market Cap: $3.62B
• Dividend Yield: 8.33%
• Average Volume (3M): 2.45M
• Price to Earnings (P/E): 13.9
• Beta (1Y): 0.93
• Revenue Growth: 2.59%
• EPS Growth: 0.23%
• Country: HK
• Employees: 14,840
• Sector: Technology
• Sector Strength: 88
• Industry: Hardware, Equipment & Parts
• EPS (TTM): 0.04
• Shares Outstanding: 3,064,961,400
• 10 Day Avg. Volume: 2,623,400
• 30 Day Avg. Volume: 2,451,359
• PEG Ratio: 0.79
• Price to Book (P/B): 0.39
• Price to Sales (P/S): 0.20
• P/FCF Ratio: 0.53
• Enterprise Value/Market Cap: 2.41
• Enterprise Value/Revenue: 0.50
• Enterprise Value/Gross Profit: 6.59
• Enterprise Value/Ebitda: 4.54
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: Hold
• Number of Analyst Covering: 0

• Rating: 64 Neutral
• Price Target: HK$1.50 ▲(25.00% Upside)

Truly International Holdings' overall stock score is driven primarily by its mixed financial performance, with strong cash flow generation offsetting declining revenues and profitability challenges. The technical analysis suggests potential short-term weakness, but the valuation is attractive with a reasonable P/E ratio and high dividend yield. The absence of earnings call data and corporate events limits additional insights.

Truly International Holdings Business Overview & Revenue Model

Company Description

Truly International Holdings Limited, an investment holding company, manufactures, sells, and trades in liquid crystal display products and electronic consumer products. It operates through two segments, LCD Products and Electronic Consumer Products. The company offers touch panel products and modules; compact camera modules; personal care products, including electric toothbrushes, blood glucose monitors, and blood pressure monitors; calculators and electronic components; printed and flexible circuit board panels, and plastic injection molding products for various applications; cover lens; health care products; and fingerprint identification modules and electrical devices. It serves in the People's Republic of China, South Korea, Japan, Hong Kong, Europe, and internationally. Truly International Holdings Limited is headquartered in Kwai Chung, Hong Kong.

How the Company Makes Money

Truly International Holdings generates revenue primarily through the sale of its eyewear products to global retailers and distributors. The company has established a strong network of partnerships with various brands, allowing it to leverage these relationships to expand its market reach. Key revenue streams include direct sales of eyewear and accessories, as well as licensing agreements for its proprietary technologies. The company may also benefit from economies of scale in its manufacturing processes, which can lead to lower production costs and increased profit margins. Additionally, Truly International Holdings invests in research and development to innovate and diversify its product range, which can lead to new revenue opportunities.

Truly International Holdings Financial Statement Overview

Summary

Truly International Holdings exhibits mixed financial health. The income statement shows declining revenue and profitability challenges, albeit with stable EBITDA margins. The balance sheet reflects moderate leverage and financial stability, but declining equity poses a potential risk. The cash flow statement is a strong point, with substantial operating and free cash flow growth, providing a cushion for the company's financial operations. Overall, the company needs to address declining revenues and profitability to improve its financial standing further.

Income Statement

Truly International Holdings shows a concerning trend with declining revenues over the past years, dropping from 22.5 billion to 17.8 billion between 2019 and 2024. Although there was a small revenue increase from 2023 to 2024, the net profit margin remains low at 1.69% in 2024. The company experienced a negative EBIT margin in 2024, which indicates operational challenges. However, EBITDA margins remain relatively stable, suggesting some resilience in operational cash generation.

Balance Sheet

The balance sheet is relatively stable with a debt-to-equity ratio of 0.73 in 2024, showing a manageable level of leverage. Stockholders' equity has declined slightly, suggesting potential risk. The equity ratio of 37.25% indicates a moderate level of financial stability. However, the declining trend in total assets and equity since 2020 may pose future risks.

Cash Flow

Operating cash flow has increased significantly to over 7.7 billion in 2024, reflecting strong cash generation capabilities. Free cash flow also shows robust growth, indicating efficient capital expenditure management. The free cash flow to net income ratio is high, suggesting that the company's cash flow generation significantly exceeds its net income, which is a positive indicator of financial health.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	17.35B	17.84B	15.59B	19.29B	22.54B	22.17B
Gross Profit	1.33B	1.39B	1.98B	2.28B	3.42B	2.92B
EBITDA	1.93B	1.97B	2.06B	2.34B	3.04B	2.48B
Net Income	268.62M	302.08M	262.80M	318.23M	1.38B	502.29M
Balance Sheet
Total Assets	25.19B	24.75B	24.51B	26.49B	29.73B	26.54B
Cash, Cash Equivalents and Short-Term Investments	1.23B	1.07B	802.29M	1.70B	1.65B	1.40B
Total Debt	6.93B	6.70B	6.68B	7.41B	6.79B	6.30B
Total Liabilities	15.64B	15.40B	14.68B	16.15B	18.07B	16.06B
Stockholders Equity	9.44B	9.22B	9.60B	9.99B	11.28B	9.37B
Cash Flow
Free Cash Flow	6.62B	6.83B	4.77B	3.68B	5.30B	1.23B
Operating Cash Flow	7.03B	7.40B	5.28B	4.57B	5.83B	2.29B
Investing Cash Flow	-1.62B	-1.81B	-825.53M	-1.70B	-587.08M	-1.08B
Financing Cash Flow	-5.40B	-5.38B	-4.50B	-2.80B	-4.31B	-506.00M

Truly International Holdings Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 1.20
• 50DMA: Negative
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For HK:0732, the sentiment is Positive. The current price of 1.2 is above the 20-day moving average (MA) of 1.19, below the 50-day MA of 1.20, and above the 200-day MA of 1.11, indicating a neutral trend. The MACD of >-0.01 indicates Negative momentum. The RSI at 52.23 is Neutral, neither overbought nor oversold. The STOCH value of 78.33 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for HK:0732.

Truly International Holdings Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
0580	―	HK$3.11B	17.72	8.36%	0.94%	46.98%	130.04%
0259	―	HK$5.37B	1.94	93.13%	41.02%	10.88%	1523.33%
0710	―	$3.99B	9.96	8.91%	3.22%	19.25%	-10.14%
0732	―	$3.62B	13.93	2.87%	8.33%	2.59%	0.23%
0040	―	HK$604.67M	20.18	2.74%	3.57%	5.79%	―
Sector *	―	$37.18B	12.37	-10.20%	1.83%	8.50%	-7.62%
0894	―	HK$306.77M	32.16	0.63%	0.74%	5.72%	-57.39%

Truly International Holdings Corporate Events

Truly International Seeks Major Stake in Truly RS Through Public Tender

Truly International Holdings Limited has announced its intention to acquire approximately 11.43% of the equity interests in Truly RS through public tenders, with a total consideration of no more than RMB1,050 million. This acquisition, if successful, will be aggregated with a previous acquisition and will constitute a major transaction under the Listing Rules. The company is seeking shareholder approval in advance to expedite the process, and the outcome of the acquisition will depend on the results of the public tenders and subsequent agreements.

The most recent analyst rating on (HK:0732) stock is a Hold with a HK$1.00 price target. To see the full list of analyst forecasts on Truly International Holdings stock, see the HK:0732 Stock Forecast page.

Truly International Reports Decline in Turnover for September 2025

Truly International Holdings Limited reported a decrease in its unaudited net consolidated turnover for September 2025, amounting to approximately HK$1,513 million, which is a 2.8% decline compared to September 2024. The company’s net accumulative consolidated turnover for the first nine months of 2025 also saw a decrease of 5.2% compared to the same period in 2024, reflecting potential challenges in maintaining its market position and financial performance.

The most recent analyst rating on (HK:0732) stock is a Hold with a HK$1.50 price target. To see the full list of analyst forecasts on Truly International Holdings stock, see the HK:0732 Stock Forecast page.

Truly International Reports Decline in August 2025 Turnover

Truly International Holdings Limited reported an unaudited net consolidated turnover of approximately HK$1,445 million for August 2025, marking a 6.5% decrease compared to August 2024. The company’s accumulative turnover for the first eight months of 2025 was approximately HK$11,011 million, a 5.5% decline from the same period in 2024, reflecting challenges in maintaining previous revenue levels.

The most recent analyst rating on (HK:0732) stock is a Hold with a HK$1.00 price target. To see the full list of analyst forecasts on Truly International Holdings stock, see the HK:0732 Stock Forecast page.

Truly International Holdings Reports Decline in 2025 Interim Earnings

Truly International Holdings Limited, a key player in the manufacturing and sale of liquid crystal display products and electronic consumer products, has announced its interim financial results for the first half of 2025. The company, known for its smartphone component parts and automotive display supplies, operates primarily in the electronics sector.

Truly International Holdings Reports Decline in H1 2025 Financial Performance

Truly International Holdings Limited reported a decline in its financial performance for the first half of 2025, with revenue dropping by 5.7% to HK$8.1 billion and gross profit decreasing by 8.7% compared to the same period in 2024. The company’s profit attributable to owners fell by 19.2%, reflecting challenges in the market. Despite these declines, the company maintained its interim dividend per share at 5 HK cents, indicating a commitment to shareholder returns amidst financial pressures.

The most recent analyst rating on (HK:0732) stock is a Hold with a HK$1.00 price target. To see the full list of analyst forecasts on Truly International Holdings stock, see the HK:0732 Stock Forecast page.

Truly International Holdings Announces Interim Dividend

Truly International Holdings Limited has announced an interim cash dividend of HKD 0.05 per share for the six months ending June 30, 2025. The dividend will be paid on December 1, 2025, with the record date set for November 3, 2025. This announcement reflects the company’s ongoing commitment to returning value to its shareholders.

The most recent analyst rating on (HK:0732) stock is a Hold with a HK$1.00 price target. To see the full list of analyst forecasts on Truly International Holdings stock, see the HK:0732 Stock Forecast page.

Truly International Holdings to Review Interim Results in Upcoming Board Meeting

Truly International Holdings Limited has announced that its Board of Directors will meet on August 27, 2025, to review and approve the unaudited interim results for the first half of the year ending June 30, 2025. This meeting is significant for stakeholders as it will provide insights into the company’s financial performance and strategic direction, potentially impacting its market positioning and investor confidence.

Truly International Holdings Reports Decline in Turnover for July 2025

Truly International Holdings Limited reported a decrease in its unaudited net consolidated turnover for July 2025, amounting to approximately HK$1,468 million, a 3.3% decline compared to July 2024. The company’s cumulative turnover for the first seven months of 2025 also saw a decrease of 5.3% from the previous year, totaling approximately HK$9,566 million. This announcement serves to inform shareholders and potential investors about the company’s financial performance and advises caution in dealing with its shares.