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China Outfitters Holdings (1146) AI Stock Analysis
China Outfitters Holdings
(HKEX:1146)
The score is primarily weighed down by weak financial performance—multi-year revenue contraction, ongoing losses, and sustained negative operating/free cash flow—despite the benefit of very low leverage. Technicals also remain bearish with the price below key moving averages and negative MACD, while valuation is constrained by a negative P/E (loss-making) and no provided dividend yield.
China Outfitters Holdings (1146) vs. iShares MSCI Hong Kong ETF (EWH)
- Market Cap
- HKD 152.23M
- Dividend Yield
- ―
- Average Volume (3M)
- 440.50K
- Price to Earnings (P/E)
- -2.2
- Beta (1Y)
- 0.75
- Revenue Growth
- 5.72%
- EPS Growth
- 47.08%
- Country
- Hong Kong
- Employees
- 194
- Sector
- Consumer Cyclical
- Sector Strength
- 61
- Industry
- Apparel - Manufacturers
China Outfitters Holdings Business Overview & Revenue Model
Company Description
Huicheng International Holdings Ltd. specializes in the full scope of men's clothing, encompassing its design, production, promotion, and retail. The company's activities are divided into two primary divisions: Property Development, and Apparel Produ...
China Outfitters Holdings Financial Statement Overview
Summary
Financial performance is weak overall: revenue has fallen sharply over time, the company remains structurally unprofitable with persistent EBIT/net losses and deeply negative net margins, and operating/free cash flow has been negative since 2021. The main offset is a conservative balance sheet with very low leverage, but ongoing losses and declining equity keep the score low.
Income Statement
12Very NegativeBalance Sheet
58NeutralCash Flow
22Negative| Breakdown | TTM | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 144.18M | 139.44M | 156.08M | 207.66M | 206.52M | 323.51M |
| Gross Profit | 82.44M | 68.22M | 81.12M | 101.31M | 81.36M | 194.61M |
| EBITDA | -68.65M | -75.26M | -67.70M | -76.87M | -153.25M | -47.09M |
| Net Income | -59.45M | -93.44M | -109.41M | -142.52M | -252.18M | -151.81M |
Balance Sheet | ||||||
| Total Assets | 1.08B | 1.10B | 1.16B | 1.32B | 1.47B | 1.75B |
| Cash, Cash Equivalents and Short-Term Investments | 333.79M | 331.23M | 333.49M | 475.18M | 496.79M | 556.83M |
| Total Debt | 19.75M | 22.24M | 9.33M | 10.82M | 11.73M | 27.66M |
| Total Liabilities | 245.22M | 212.82M | 190.02M | 193.61M | 200.35M | 258.13M |
| Stockholders Equity | 838.82M | 891.52M | 971.06M | 1.13B | 1.26B | 1.49B |
Cash Flow | ||||||
| Free Cash Flow | -16.05M | -17.73M | -24.30M | -12.62M | -47.38M | -104.45M |
| Operating Cash Flow | -11.68M | -15.05M | -24.30M | -8.59M | -31.52M | -72.61M |
| Investing Cash Flow | -25.33M | -191.90K | -31.20M | -17.80M | 191.47M | -24.68M |
| Financing Cash Flow | -26.77M | 2.65M | -66.60M | -9.55M | -23.42M | -47.60M |
China Outfitters Holdings Technical Analysis
Price Trends
Market Momentum
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For HK:1146, the sentiment is Negative. The current price of 0.04 is below the 20-day moving average (MA) of 0.05, below the 50-day MA of 0.05, and below the 200-day MA of 0.05, indicating a bearish trend. The MACD of -0.00 indicates Negative momentum. The RSI at 41.46 is Neutral, neither overbought nor oversold. The STOCH value of 53.33 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for HK:1146.
China Outfitters Holdings Peers Comparison
Overall Rating
HK:229860Neutral
HK:029453Neutral
HK:332250Neutral
HK:203048Neutral
HK:012247Neutral- HK:114641Neutral
Financial Indicators
| Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
| Sector * | 61Neutral | $18.38B | 12.79 | -2.54% | 3.03% | 1.52% | -15.83% |
| HK:2298 | 60Neutral | HKD 559.32M | 3.81 | 5.83% | 6.27% | -1.84% | 29.22% |
| HK:0294 | 53Neutral | HKD 206.75M | -2.13 | -10.87% | 10.00% | 2.86% | -63.19% |
| HK:3322 | 50Neutral | HKD 244.04M | -1.80 | -10.95% | ― | -16.20% | -324.90% |
| HK:2030 | 48Neutral | HKD 782.25M | 19.20 | 2.55% | 1.98% | 5.77% | 22.13% |
| HK:0122 | 47Neutral | HKD 146.99M | -0.99 | -8.32% | ― | -36.57% | -107.55% |
| HK:1146 | 41Neutral | HKD 152.23M | -2.20 | -6.87% | ― | 5.72% | 47.08% |
* Consumer Cyclical Sector Average
Performance Comparison
| Show on chart | Ticker | Company Name | Price | Change | % Change |
|---|---|---|---|---|---|
| HK:1146 | China Outfitters Holdings | 0.04 | -0.00 | -4.26% | |
| HK:3322 | Win Hanverky Holdings Limited | 0.19 | -0.01 | -5.00% | |
| HK:0294 | Yangtzekiang Garment Co. Ltd. | 1.00 | 0.23 | 30.04% | |
| HK:0122 | Crocodile Garments Limited | 1.42 | -0.07 | -4.70% | |
| HK:2030 | Cabbeen Fashion Limited | 1.17 | -0.34 | -22.62% | |
| HK:2298 | Cosmo Lady (China) Holdings Co. Ltd. | 0.26 | -0.08 | -23.65% |
China Outfitters Holdings Corporate Events
Huicheng International Narrows Interim Loss as Margins Strengthen
Huicheng International Holdings reported interim results for the six months ended 30 June 2026 showing modest top-line growth but a sharply improved cost structure. Revenue rose 7.1% year on year to RMB72.1 million, while gross profit surged 39.7% to...
Huicheng International Sets August Board Meeting to Approve Interim Results
Huicheng International Holdings Limited has scheduled a board meeting for 25 August 2026 to review and approve its interim results for the six months ended 30 June 2026. The board will also consider the declaration of an interim dividend and may addr...
Huicheng International completes HK$10 million connected share subscription
Huicheng International Holdings has completed a connected share subscription, issuing 100 million new shares at HK$0.10 each under a specific mandate, representing about 2.82% of its enlarged share capital. The transaction increases the stake of the...
Huicheng International Wins Shareholder Backing for New Share Subscription
Huicheng International Holdings has secured shareholder approval at an extraordinary general meeting for a share subscription agreement with individual investor Zhang Kailun. Independent shareholders voted by poll to grant a specific mandate authoris...
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 29, 2026