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Ka Shui International Holdings Limited (0822) AI Stock Analysis

HK:0822

Ka Shui International Holdings Limited

(HKEX:0822)

Select Model
Rating:45.3Neutral
Price Target:HKD 0.28â–¼(-2.41% Downside)
Action:reiterated
Date:08/20/26

The overall score reflects weak core profitability and declining revenue and margins as the main downside, partially mitigated by a stable, low-leverage balance sheet and improving cash generation, while technical indicators show a soft, neutral-to-bearish trend and the loss-making status limits valuation appeal.

Positive Factors
Manageable LeverageConservative leverage and a sizable, stable equity base provide financial flexibility for a manufacturing business facing cyclical demand and margin pressure. Lower debt obligations can preserve capacity to fund operations and invest in production without excessive refinancing strain.
Negative Factors
Sustained Net LossesThree consecutive years of annual losses show that the current operating model is not yet producing dependable earnings. Continued losses can limit reinvestment, weaken returns on capital, and make financial improvement dependent on a sustained recovery in operations rather than revenue stability alone.

Ka Shui International Holdings Limited (0822) vs. iShares MSCI Hong Kong ETF (EWH)

-30%-20%-10%0%10%20%30%HK:0822-19.44%EWH+7.37%Dec '25Jan '26Feb '26Mar '26Apr '26May '26Jun '26Jul '26Aug '26Sep '26Oct '26
Market Cap
HKD 259.19M
Dividend Yield
―
Average Volume (3M)
191.07K
Price to Earnings (P/E)
-6.1
Beta (1Y)
0.81
Revenue Growth
>-0.01%
EPS Growth
15.55%
Country
Hong Kong
Employees
4,288
Sector
Industrials
Sector Strength
63
Industry
Manufacturing - Miscellaneous

Ka Shui International Holdings Limited Business Overview & Revenue Model

Company Description

Ka Shui International Holdings Limited operates as an investment holding company with a diverse business portfolio. The company's core activities involve the manufacturing and distribution of die-cast products and components crafted from zinc, magnes...

How the Company Makes Money

Ka Shui International Holdings Limited primarily makes money by supplying manufactured components to customers on a contract/order basis. Its key revenue stream is the sale of zinc alloy die-cast and plastic injection-molded products (including preci...

Ka Shui International Holdings Limited Financial Statement Overview

Summary

Financial performance is weak overall: revenue and gross margins have deteriorated and net margins and ROE are negative, but this is partially offset by a solid equity base, low leverage, and a recent recovery in operating and free cash flow.

Income Statement

32Negative

Balance Sheet

65Positive

Cash Flow

48Neutral
Financial statement breakdown
BreakdownTTMDec 2025Dec 2024Dec 2023Dec 2022Dec 2021
Income Statement
Total Revenue1.51B1.46B1.48B1.28B1.50B1.71B
Gross Profit216.52M223.19M229.87M238.40M335.33M489.06M
EBITDA79.82M97.01M65.26M69.89M184.82M248.67M
Net Income-42.70M-27.91M-61.31M-28.43M74.84M131.14M
Balance Sheet
Total Assets1.83B1.88B1.89B1.72B1.71B1.83B
Cash, Cash Equivalents and Short-Term Investments235.95M276.80M237.85M194.46M244.15M280.68M
Total Debt262.56M249.86M229.47M104.96M94.28M158.64M
Total Liabilities679.06M691.17M699.04M465.89M420.38M538.29M
Stockholders Equity1.14B1.17B1.18B1.24B1.28B1.28B
Cash Flow
Free Cash Flow-15.86M36.84M-88.72M21.04M68.70M79.36M
Operating Cash Flow52.53M105.31M-2.06M108.45M164.93M172.06M
Investing Cash Flow-77.61M-59.73M-85.33M-117.37M-96.34M-97.39M
Financing Cash Flow-18.67M-15.15M136.53M-39.23M-114.82M-51.62M

Ka Shui International Holdings Limited Technical Analysis

Technical Analysis SentimentNegative
Last Price0.29

Price Trends

50DMA0.31Negative
100DMA0.34Negative
200DMA0.34Negative

Market Momentum

MACD-0.00Positive
RSI41.98Neutral
STOCH25.93Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For HK:0822, the sentiment is Negative. The current price of 0.29 is below the 20-day moving average (MA) of 0.30, below the 50-day MA of 0.31, and below the 200-day MA of 0.34, indicating a bearish trend. The MACD of -0.00 indicates Positive momentum. The RSI at 41.98 is Neutral, neither overbought nor oversold. The STOCH value of 25.93 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for HK:0822.

Ka Shui International Holdings Limited Peers Comparison

Overall Rating

UnderperformOutperform
Sector (63)

Financial Indicators

HK:0822 against its peers
NameOverall RatingMarket CapP/E RatioROEDividend YieldRevenue GrowthEPS Growth
HK:0838HK:083864NeutralHKD 1.12B4.497.26%6.68%-4.88%-0.62%
Sector *63Neutral$10.79B15.437.44%2.01%2.89%-14.66%
HK:1050HK:105058NeutralHKD 3.50B12.5520.97%3.58%7.37%32.57%
HK:0255HK:025557NeutralHKD 881.27M-29.89-1.92%14.39%-17.65%-538.68%
HK:0929HK:092948NeutralHKD 499.82M43.180.61%5.89%23.21%11.11%
HK:2535HK:253548NeutralHKD 1.16B-182.40-2.37%―-31.18%-121.38%
HK:0822HK:082245NeutralHKD 259.19M-6.07-3.69%―>-0.01%15.55%

* Industrials Sector Average

Performance Comparison

-25%0%25%50%HK:0822HK:0838HK:0255HK:0929HK:1050HK:2535Dec '25Jan '26Feb '26Mar '26Apr '26May '26Jun '26Jul '26Aug '26Sep '26Oct '26
HK:0822 and its peers over the selected period
Show on chartTickerCompany NamePriceChange% Change
HK:0822Ka Shui International Holdings Limited0.29-0.06-17.14%
HK:0838Eva Precision Industrial Holdings Limited0.65-0.50-43.62%
HK:0255Lung Kee (Bermuda) Holdings Limited1.39-0.22-13.88%
HK:0929IPE Group Limited0.47-0.32-39.87%
HK:1050Karrie International Holdings Limited1.68-1.05-38.64%
HK:2535WK Group (Holdings) Limited0.58-0.12-17.14%

Ka Shui International Holdings Limited Corporate Events

Ka Shui International Shareholders Approve 2026 Equity Incentive Schemes at EGM

Oct 7, 2026

Ka Shui International Holdings Limited announced that shareholders overwhelmingly approved all resolutions at an extraordinary general meeting held on 7 October 2026, with each motion passed by way of poll. The core items endorsed were the adoption o...

Ka Shui plans EGM to overhaul share incentive schemes

Sep 10, 2026

Ka Shui International Holdings Limited, a Cayman Islands-incorporated manufacturer listed in Hong Kong under stock code 822, is governed by the Hong Kong listing framework and uses share-based incentive schemes to align employees and management with...

Ka Shui warns of wider interim loss amid pricing pressure and macroeconomic headwinds

Aug 18, 2026

Ka Shui International Holdings Limited, a Hong Kong-listed manufacturer focused on advanced lightweight materials and specialized magnesium alloy technologies, is targeting growth opportunities in AI-related hardware, aviation platforms and robotics....

Ka Shui International Sets Board Meeting to Approve 2026 Interim Results and Consider Dividend

Aug 17, 2026

Ka Shui International Holdings Limited has scheduled a board meeting for 28 August 2026 to review and approve the interim results for the six months ended 30 June 2026. The board will also consider the payment of an interim dividend, signaling potent...

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: Aug 20, 2026