Easyknit International Holdings Ltd (1218) AI Stock Analysis

• Market Cap: HK$147.98M
• Dividend Yield: N/A
• Average Volume (3M): 37.22K
• Price to Earnings (P/E): ―
• Beta (1Y): -0.04
• Revenue Growth: 96.89%
• EPS Growth: -404.12%
• Country: HK
• Employees: 19
• Sector: Industrials
• Sector Strength: 90
• Industry: Real Estate - Development
• EPS (TTM): -2.19
• Shares Outstanding: 73,988,400
• 10 Day Avg. Volume: 846
• 30 Day Avg. Volume: 37,216
• PEG Ratio: N/A
• Price to Book (P/B): 0.07
• Price to Sales (P/S): 0.00
• P/FCF Ratio: 1.94
• 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: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0

Easyknit International Holdings Ltd's overall stock score reflects significant financial challenges, including declining profitability and cash flow issues. The technical analysis shows some potential for upward momentum, but the overbought indicators suggest caution. Valuation is concerning due to a negative P/E ratio and lack of dividends, limiting the stock's appeal in the current market.

Easyknit International Holdings Ltd Business Overview & Revenue Model

Company Description

Easyknit International Holdings Ltd (1218) is a diversified investment holding company based in Hong Kong. The company is primarily involved in property development and investment, with a focus on residential and commercial properties. In addition to real estate, Easyknit International has investments in securities trading and other financial instruments, broadening its operational scope within the investment sector.

How the Company Makes Money

Easyknit International Holdings Ltd generates revenue through a combination of property sales, rental income, and investment returns. The company's property development and investment segment involves the acquisition, development, and resale of properties, generating significant revenue from sales of completed residential and commercial units. Additionally, Easyknit International earns rental income from its portfolio of investment properties, providing a steady stream of cash flow. The company also engages in securities trading and holds financial investments, which contribute to its earnings through capital gains and dividends. These diverse revenue streams, coupled with strategic partnerships and market positioning, enable Easyknit International to maintain financial stability and growth.

Easyknit International Holdings Ltd Financial Statement Overview

Summary

Income Statement

Balance Sheet

Cash Flow

Breakdown
TTM	Mar 2024	Mar 2023	Mar 2022	Mar 2021	Mar 2020
Income Statement		Total Revenue
278.38M	227.11M	86.76M	350.78M	323.38M	63.63M
	Gross Profit
-40.28M	58.08M	58.98M	174.99M	100.00M	61.21M
	EBIT
-157.94M	-77.41M	-73.18M	-14.24M	-26.07M	-38.36M
	EBITDA
-196.80M	-258.48M	92.78M	-6.07M	97.25M	-212.04M
	Net Income Common Stockholders
-892.17M	-253.24M	13.28M	979.44M	22.31M	-297.75M
Balance Sheet		Cash, Cash Equivalents and Short-Term Investments
541.75M	547.88M	541.75M	567.14M	464.84M	194.46M
	Total Assets
9.19B	8.74B	9.19B	8.92B	4.90B	4.86B
	Total Debt
3.53B	3.67B	3.53B	3.56B	1.47B	1.43B
	Net Debt
3.13B	3.36B	3.13B	3.38B	1.16B	1.31B
	Total Liabilities
4.20B	4.14B	4.20B	3.98B	1.67B	1.62B
	Stockholders Equity
3.45B	2.41B	3.45B	4.18B	3.23B	3.24B
Cash Flow		Free Cash Flow
61.59M	-337.70M	-138.95M	-453.63M	257.27M	4.78M
	Operating Cash Flow
63.00M	-336.26M	-135.54M	-440.97M	257.46M	4.81M
	Investing Cash Flow
-192.43M	284.20M	420.63M	-233.89M	-53.71M	-156.54M
	Financing Cash Flow
-279.65M	-28.03M	-66.69M	550.52M	-13.45M	77.98M

Easyknit International Holdings Ltd Technical Analysis

• Technical Analysis Sentiment: Neutral
• Last Price: 2.00
• 50DMA: Positive
• 100DMA: Positive
• 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:1218, the sentiment is Neutral. The current price of 2 is below the 20-day moving average (MA) of 2.06, above the 50-day MA of 1.91, and below the 200-day MA of 2.07, indicating a neutral trend. The MACD of 0.01 indicates Positive momentum. The RSI at 50.47 is Neutral, neither overbought nor oversold. The STOCH value of 51.72 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for HK:1218.

Easyknit International Holdings Ltd Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
0083	70 Outperform	$74.30B	19.54	2.17%	7.17%	-30.38%	-43.73%
0688	68 Neutral	$147.10B	8.68	4.15%	4.89%	-10.21%	-40.22%
0019	65 Neutral	$83.26B	22.79	1.64%	5.03%	-13.56%	-84.68%
Sector *	64 Neutral	$4.42B	11.99	5.16%	249.23%	4.02%	-11.68%
0272	57 Neutral	HK$5.45B	27.87	0.47%	20.91%	-18.65%	-78.51%
1218	46 Neutral	HK$147.98M	―	-7.48%	―	96.89%	-404.12%
0120	45 Neutral	HK$173.36M	―	-48.52%	―	532.42%	-37.56%

Easyknit International Holdings Ltd Corporate Events

Easyknit International Announces Change in Share Registrar

Easyknit International Holdings Ltd has announced a change in its Hong Kong branch share registrar and transfer office, effective from March 31, 2025. The new registrar will be Tricor Investor Services Limited, and all applications for share transfers should be directed to them from this date. This change is part of the company’s operational adjustments and may impact shareholders who need to collect share certificates after the specified date.