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Easyknit International Holdings Ltd (1218) AI Stock Analysis
Easyknit International Holdings Ltd
(HKEX:1218)
The overall score is low primarily because the company’s financial profile is stressed, with persistent losses, weakening returns on equity, and volatile cash flows despite revenue growth. Technicals add further caution, as the stock has only a short-term rebound within a weaker long-term trend and momentum indicators show stretched conditions that raise the risk of near-term downside. Valuation metrics are not compelling, with a negative P/E and no visible dividend support, so they do little to offset the fundamental and technical risk.
Easyknit International Holdings Ltd (1218) vs. iShares MSCI Hong Kong ETF (EWH)
- Market Cap
- HKD 174.61M
- Dividend Yield
- ―
- Average Volume (3M)
- 5,260
- Price to Earnings (P/E)
- -0.4
- Beta (1Y)
- -0.15
- Revenue Growth
- -18.34%
- EPS Growth
- -2733.66%
- Country
- Hong Kong
- Employees
- 22
- Sector
- Real Estate
- Sector Strength
- 65
- Industry
- Real Estate - Development
Easyknit International Holdings Ltd Business Overview & Revenue Model
Company Description
Operating as an investment holding company, Easyknit International Holdings Limited is primarily involved in the development, investment, and stewardship of real estate assets across Hong Kong. Its diverse property portfolio encompasses residential,...
How the Company Makes Money
Easyknit International Holdings Ltd generates revenue primarily from its property and healthcare businesses. In property, it makes money through (i) sale of developed properties (recognized when units/projects are delivered/handed over under applicab...
Easyknit International Holdings Ltd Financial Statement Overview
Summary
Financial performance is very weak, with sustained operating and net losses despite recent revenue growth, indicating that projects are not translating into profitable results. The balance sheet shows some progress on deleveraging and a meaningful equity buffer, but returns on equity are negative and trending down, and cash flows are volatile with limited recurring operating cash generation. Overall, the business profile is stressed and high risk, with no clear evidence yet of a durable turnaround in earnings quality or cash flow.
Income Statement
32NegativeBalance Sheet
45NeutralCash Flow
41Neutral| Breakdown | TTM | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 398.43M | 398.43M | 488.49M | 227.11M | 86.76M | 350.78M |
| Gross Profit | 22.17M | 24.06M | -17.05M | 58.08M | 58.98M | 174.99M |
| EBITDA | -205.17M | -239.67M | 81.74M | -258.48M | 92.94M | -5.40M |
| Net Income | -435.32M | -435.32M | -717.67M | -253.24M | 13.28M | 979.44M |
Balance Sheet | ||||||
| Total Assets | 2.30B | 2.30B | 3.33B | 8.74B | 9.19B | 8.92B |
| Cash, Cash Equivalents and Short-Term Investments | 96.04M | 96.04M | 87.88M | 547.88M | 541.75M | 567.14M |
| Total Debt | 767.32M | 767.32M | 1.27B | 3.67B | 3.53B | 3.56B |
| Total Liabilities | 1.01B | 1.01B | 1.60B | 4.14B | 4.20B | 3.98B |
| Stockholders Equity | 1.29B | 1.29B | 1.73B | 2.41B | 3.45B | 4.18B |
Cash Flow | ||||||
| Free Cash Flow | 115.38M | 115.38M | 358.85M | -337.70M | -138.95M | -453.63M |
| Operating Cash Flow | 115.41M | 115.41M | 358.93M | -336.26M | -135.54M | -440.97M |
| Investing Cash Flow | 35.81M | 35.81M | -239.07M | 284.20M | 420.63M | -233.89M |
| Financing Cash Flow | -125.02M | -125.02M | -411.61M | -28.03M | -66.69M | 550.52M |
Easyknit International Holdings Ltd Technical Analysis
Price Trends
Market Momentum
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For HK:1218, the sentiment is Positive. The current price of 1.18 is below the 20-day moving average (MA) of 1.19, below the 50-day MA of 1.21, and below the 200-day MA of 1.33, indicating a neutral trend. The MACD of -0.01 indicates Negative momentum. The RSI at 55.06 is Neutral, neither overbought nor oversold. The STOCH value of 51.33 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for HK:1218.
Easyknit International Holdings Ltd Peers Comparison
Overall Rating
HK:018544Neutral
HK:330141Neutral
HK:162840Underperform
HK:196640Underperform- HK:121839Underperform
HK:277237Underperform
Financial Indicators
| Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
| Sector * | 65Neutral | $2.17B | 12.19 | 3.79% | 4.94% | 3.15% | 1.96% |
| HK:0185 | 44Neutral | HKD 103.32M | -0.11 | -6838.80% | ― | -61.61% | 37.75% |
| HK:3301 | 41Neutral | HKD 119.52M | -0.01 | 43.10% | ― | -66.81% | 17.12% |
| HK:1628 | 40Underperform | HKD 151.68M | 0.00 | 233.62% | ― | 25.99% | ― |
| HK:1966 | 40Underperform | HKD 182.71M | -0.02 | 116.03% | ― | -21.66% | 0.74% |
| HK:1218 | 39Underperform | HKD 174.61M | -0.40 | -29.89% | ― | -18.34% | -2733.66% |
| HK:2772 | 37Underperform | HKD 134.21M | -0.01 | 592.20% | ― | -55.40% | -340.10% |
* Real Estate Sector Average
Performance Comparison
| Show on chart | Ticker | Company Name | Price | Change | % Change |
|---|---|---|---|---|---|
| HK:1218 | Easyknit International Holdings Ltd | 1.18 | -0.41 | -25.79% | |
| HK:1966 | China Sce Group Holdings Limited | 0.03 | -0.07 | -66.34% | |
| HK:0185 | Zensun Enterprises Limited | 0.05 | -0.07 | -54.62% | |
| HK:2772 | Zhongliang Holdings Group Company Limited | 0.03 | -0.04 | -58.33% | |
| HK:1628 | Yuzhou Group Holdings Co., Ltd. | 0.10 | -0.05 | -31.33% | |
| HK:3301 | Ronshine China Holdings Ltd. | 0.07 | -0.10 | -57.49% |
Easyknit International Holdings Ltd Corporate Events
Easyknit Shareholders Back All Resolutions at 2026 AGM
Easyknit International Holdings Ltd, a Bermuda-incorporated investment holding company listed in Hong Kong under stock code 1218, maintains a board comprising executive and independent non-executive directors and engages an external auditor to overse...
Easyknit Shareholders Unanimously Back Share Subdivision at Special Meeting
Easyknit International Holdings Ltd announced that shareholders overwhelmingly approved an ordinary resolution to implement a share subdivision at a special general meeting held on 25 August 2026. The poll results showed 41,352,144 votes cast in favo...
Easyknit details rationale for investing in China’s Best Food Group
Easyknit International Holdings has provided additional details on its acquisition of listed securities in Best Food Group, a food and beverage operator in the Chinese market, explaining the board’s assessment of the target’s performance...
Easyknit Clarifies Rumors on Potential Sale of Kowloon Property The Quad
Easyknit International Holdings has issued a clarification addressing media reports and market rumors about a potential sale of its Kowloon property, The Quad, confirming it is in talks with independent third parties over a possible disposal. The com...
Easyknit Calls Special Meeting to Approve Share Subdivision
Easyknit International Holdings Ltd has called a special general meeting for 25 August 2026 in Hong Kong to seek shareholder approval for a proposed share subdivision. The meeting will consider an ordinary resolution that would change every authorise...
Easyknit International Shifts Bermuda Registered Office, Keeps Share Registrar Unchanged
Easyknit International Holdings Ltd has announced that, effective 3 August 2026, its registered office address in Bermuda will be relocated to Richmond House, 12 Par-la-Ville Road, Hamilton HM 08, Bermuda. The company emphasized that its principal sh...
Easyknit lifts stake in Best Food as part of securities investment push
Easyknit International, through its wholly owned unit Gold Winner, has raised its stake in Hong Kong-listed restaurant operator Best Food to about 5.31%, acquiring 10,326,000 shares on the open market for HK$8.78 million funded from internal resource...
Easyknit International Sets 2026 AGM to Approve Results, Board Mandates and Share Issue Authority
Easyknit International Holdings Ltd has called its Annual General Meeting for 25 August 2026 in Hong Kong, where shareholders will review and adopt the audited consolidated financial statements for the year ended 31 March 2026 and receive reports fro...
Easyknit Clarifies Terms of Proposed Share Subdivision in Hong Kong
Easyknit International Holdings Ltd, incorporated in Bermuda and listed in Hong Kong under stock code 1218, is an investment holding company whose shares are traded on the Hong Kong Stock Exchange. Its capital structure and board lot arrangements are...
Easyknit Plans Share Subdivision and Board Lot Restructuring
Easyknit International Holdings Limited has proposed a share subdivision that will split each existing share of HK$0.1 into ten subdivided shares of HK$0.01, increasing the number of shares in issue without altering total authorised capital. The subd...
Easyknit Admits Past Listing Rule Breach Over Aggregated Loan Transactions
Easyknit International Holdings has disclosed that between December 2020 and September 2021 its subsidiaries Planetic International Limited and former unit City China International Limited entered into loan agreements and renewals with seven independ...
Easyknit International Swings to Heavy Loss as Property Write-downs Hit Earnings
Easyknit International reported a steep turnaround to a loss attributable to owners of HK$435.3 million from continuing operations for the year ended 31 March 2026, compared with a profit a year earlier, as revenue fell 18.4% to HK$398.4 million and...
Easyknit Signals Sharply Lower Net Loss for FY2026
Easyknit International Holdings has warned shareholders that its consolidated net loss for the year ended 31 March 2026 is expected to narrow significantly to not more than HK$440 million, from approximately HK$718 million a year earlier. The improve...
Easyknit International Sets Board Meeting to Approve 2026 Annual Results and Consider Final Dividend
Easyknit International Holdings Ltd has scheduled a board meeting for 26 June 2026 to review and approve the audited annual results for the year ended 31 March 2026. At the same meeting, the board will also consider whether to recommend the payment o...
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 28, 2026