Want to see HK:1389 full AI Analyst Report?
Major Holdings Ltd. (1389) AI Stock Analysis
Major Holdings Ltd.
(HKEX:1389)
The score is primarily constrained by persistent unprofitability and weak recent cash flow, despite a strong balance sheet. Positive price momentum provides support, but the extremely high RSI and negative P/E indicate elevated technical and fundamental risks.
Major Holdings Ltd. (1389) vs. iShares MSCI Hong Kong ETF (EWH)
- Market Cap
- HKD 304.88M
- Dividend Yield
- ―
- Average Volume (3M)
- 965.83K
- Price to Earnings (P/E)
- -166.7
- Beta (1Y)
- 0.48
- Revenue Growth
- -9.07%
- EPS Growth
- 86.31%
- Country
- Hong Kong
- Employees
- 17
- Sector
- Consumer Defensive
- Sector Strength
- 62
- Industry
- Beverages - Wineries & Distilleries
Major Holdings Ltd. Business Overview & Revenue Model
Company Description
Operating as an investment holding company, Major Holdings Limited primarily focuses on the importation and distribution of high-quality wines and spirits throughout Hong Kong. The company's diverse portfolio includes various types of wine, such as r...
Major Holdings Ltd. Financial Statement Overview
Summary
The conservative balance sheet supports solvency, but persistent losses, declining multi-year revenue, and recent negative operating and free cash flow materially weaken the financial profile.
Income Statement
38NegativeBalance Sheet
72PositiveCash Flow
30Negative| Breakdown | TTM | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 46.81M | 52.76M | 58.02M | 63.04M | 74.44M | 107.79M |
| Gross Profit | -4.29M | 6.43M | -8.88M | 5.47M | 7.87M | 13.84M |
| EBITDA | -5.29M | -2.71M | -10.84M | -10.05M | -11.06M | 2.15M |
| Net Income | -7.89M | -1.85M | -13.36M | -15.68M | -16.59M | -8.71M |
Balance Sheet | ||||||
| Total Assets | 117.68M | 132.19M | 117.84M | 135.95M | 132.36M | 173.35M |
| Cash, Cash Equivalents and Short-Term Investments | 1.56M | 4.90M | 11.52M | 26.45M | 5.93M | 7.18M |
| Total Debt | 509.00K | 685.00K | 1.23M | 4.79M | 12.13M | 23.65M |
| Total Liabilities | 10.06M | 24.43M | 8.22M | 12.98M | 22.55M | 46.94M |
| Stockholders Equity | 107.62M | 107.76M | 109.61M | 122.97M | 109.81M | 126.41M |
Cash Flow | ||||||
| Free Cash Flow | -14.12M | -5.33M | -13.02M | 1.13M | 17.81M | -3.52M |
| Operating Cash Flow | -13.62M | -5.33M | -12.52M | 1.29M | 20.17M | -3.48M |
| Investing Cash Flow | -330.00K | 1,000 | -330.00K | -108.00K | 3.72M | 17.00K |
| Financing Cash Flow | -2.08M | -1.29M | -2.08M | 19.34M | -25.14M | 3.75M |
Major 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:1389, the sentiment is Positive. The current price of 0.53 is below the 20-day moving average (MA) of 0.58, below the 50-day MA of 0.53, and above the 200-day MA of 0.43, indicating a neutral trend. The MACD of 0.01 indicates Positive momentum. The RSI at 47.80 is Neutral, neither overbought nor oversold. The STOCH value of 31.27 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for HK:1389.
Major Holdings Ltd. Peers Comparison
Overall Rating
HK:850962Neutral
HK:038957Neutral- HK:138950Neutral
HK:144647.4Neutral
HK:082846Neutral
HK:814639Underperform
Financial Indicators
| Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
| Sector * | 62Neutral | $20.33B | 14.63 | -3.31% | 3.23% | 1.93% | -12.26% |
| HK:8509 | 62Neutral | HKD 200.00M | 3.60 | 15.43% | ― | -4.14% | 0.91% |
| HK:0389 | 57Neutral | HKD 81.42M | -11.72 | -6.57% | ― | 61.46% | 89.83% |
| HK:1389 | 50Neutral | HKD 304.88M | -166.67 | -1.72% | ― | -9.07% | 86.31% |
| HK:1446 | 47Neutral | HKD 170.55M | -9.41 | -7.25% | ― | -1.25% | -6.69% |
| HK:0828 | 46Neutral | HKD 163.38M | 26.98 | 1.80% | 3.02% | -49.66% | -73.78% |
| HK:8146 | 39Underperform | HKD 272.36M | -67.16 | -3.96% | ― | -9.97% | 94.50% |
* Consumer Defensive Sector Average
Performance Comparison
| Show on chart | Ticker | Company Name | Price | Change | % Change |
|---|---|---|---|---|---|
| HK:1389 | Major Holdings Ltd. | 0.55 | -0.02 | -3.51% | |
| HK:0389 | China Tontine Wines Group Limited | 0.27 | -0.16 | -37.21% | |
| HK:1446 | Hung Fook Tong Group Holdings Ltd | 0.26 | -0.16 | -38.10% | |
| HK:8146 | Grace Wine Holdings Limited | 0.34 | 0.23 | 222.12% | |
| HK:0828 | Dynasty Fine Wines Group Limited | 0.12 | -0.17 | -59.30% | |
| HK:8509 | Wine's Link International Holdings Limited | 0.50 | -0.27 | -35.06% |
Major Holdings Ltd. Corporate Events
Major Holdings delays key takeover offer circular amid ownership bid
Major Holdings Limited, incorporated in the Cayman Islands and listed in Hong Kong, is currently the subject of a mandatory unconditional cash offer from Max Premier Limited, an acquisition vehicle domiciled in the British Virgin Islands. The offer c...
Max Premier launches mandatory cash offer after taking control of Major Holdings
Max Premier Limited has acquired 298,092,515 shares in Major Holdings Ltd., representing about 53.77% of the company’s issued share capital, for HK$102.163 million at HK$0.3428 per share, completing the transaction on 5 October 2026. Following...
Major Holdings Requests Trading Halt Ahead of Takeover-Related Announcement
Major Holdings Ltd., a Cayman Islands-incorporated company listed in Hong Kong under stock code 1389, operates within the Hong Kong capital markets under standard corporate governance oversight. The board is led by chairman and executive director Che...
Major Holdings Wins Unanimous Shareholder Backing at 2026 AGM
Major Holdings Limited, incorporated in the Cayman Islands and listed in Hong Kong, maintains a governance structure led by chairman and executive director Cheung Chun To alongside three independent non-executive directors. The company engages extern...
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: Oct 14, 2026