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China Partytime Culture Holdings Ltd. (1532) AI Stock Analysis

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HK:1532

China Partytime Culture Holdings Ltd.

(HKEX:1532)

Select Model
Rating:51Neutral
Price Target:HKD 0.17â–²(0.61% Upside)
Action:reiterated
Date:08/06/26

The score is held back primarily by weak financial performance (declining revenue, widening losses, and 2025 cash outflows). Technicals provide partial support with a positive trend and MACD, but overbought signals raise near-term volatility risk. Valuation is also constrained because the company is loss-making (negative P/E) and no dividend yield is available.

Positive Factors
Conservative leverageVery low and improving leverage gives the company greater financial flexibility than a highly indebted apparel manufacturer. With less debt relative to equity, interest and refinancing pressures are more limited, leaving more capacity to stabilize operations or fund selected initiatives.
Negative Factors
Declining revenue and widening lossesSustained revenue contraction combined with widening operating losses weakens the company’s earnings base and suggests that scale is not currently covering its cost structure. Continued losses can erode equity value, restrict reinvestment, and make a durable recovery dependent on meaningful operational improvement.

China Partytime Culture Holdings Ltd. (1532) vs. iShares MSCI Hong Kong ETF (EWH)

-40%-20%0%20%40%60%HK:1532+44.74%EWH+7.37%Dec '25Jan '26Feb '26Mar '26Apr '26May '26Jun '26Jul '26Aug '26Sep '26Oct '26
Market Cap
HKD 289.16M
Dividend Yield
―
Average Volume (3M)
152.23K
Price to Earnings (P/E)
-4.6
Beta (1Y)
-0.24
Revenue Growth
1.27%
EPS Growth
51.71%
Country
Hong Kong
Employees
369
Sector
Consumer Cyclical
Sector Strength
61
Industry
Apparel - Manufacturers

China Partytime Culture Holdings Ltd. Business Overview & Revenue Model

Company Description

China Partytime Culture Holdings Limited operates as an investment holding company, specializing in the design, production, marketing, and sale of both cosplay merchandise and intimate apparel within the People's Republic of China. Its operations are...

China Partytime Culture Holdings Ltd. Financial Statement Overview

Summary

Financial profile is pressured by declining revenue, widening losses, and a 2025 swing to negative operating cash flow and materially negative free cash flow. The main offset is a conservatively financed balance sheet with modest leverage (debt-to-equity ~0.04), but recurring losses and cash burn remain the dominant risk.

Income Statement

24Negative

Balance Sheet

66Positive

Cash Flow

32Negative
Financial statement breakdown
BreakdownTTMDec 2025Dec 2024Dec 2023Dec 2022Dec 2021
Income Statement
Total Revenue191.89M193.63M240.33M355.68M301.11M242.21M
Gross Profit31.19M32.18M46.59M87.04M75.06M65.99M
EBITDA-37.99M-32.90M-20.77M11.32M24.54M25.21M
Net Income-33.07M-79.78M-66.88M-23.93M-15.14M-17.72M
Balance Sheet
Total Assets322.11M280.24M417.11M452.48M498.03M487.15M
Cash, Cash Equivalents and Short-Term Investments23.53M68.34M67.17M49.88M50.75M106.80M
Total Debt7.74M10.09M25.99M8.18M78.09M101.23M
Total Liabilities61.98M21.73M53.42M41.40M99.03M122.61M
Stockholders Equity260.12M258.51M344.23M383.10M376.38M361.18M
Cash Flow
Free Cash Flow-25.80M-76.77M-16.52M34.73M-34.84M9.80M
Operating Cash Flow-12.18M-38.21M24.46M53.84M5.24M21.79M
Investing Cash Flow-58.92K51.23M-37.37M-11.02M-33.91M-60.00K
Financing Cash Flow-5.20M-8.60M27.97M-41.11M-25.26M28.99M

China Partytime Culture Holdings Ltd. Technical Analysis

Technical Analysis SentimentPositive
Last Price0.17

Price Trends

50DMA0.15Positive
100DMA0.14Positive
200DMA0.12Positive

Market Momentum

MACD0.00Negative
RSI66.05Neutral
STOCH64.71Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For HK:1532, the sentiment is Positive. The current price of 0.17 is above the 20-day moving average (MA) of 0.15, above the 50-day MA of 0.15, and above the 200-day MA of 0.12, indicating a bullish trend. The MACD of 0.00 indicates Negative momentum. The RSI at 66.05 is Neutral, neither overbought nor oversold. The STOCH value of 64.71 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for HK:1532.

China Partytime Culture Holdings Ltd. Peers Comparison

Overall Rating

UnderperformOutperform
Sector (61)

Financial Indicators

HK:1532 against its peers
NameOverall RatingMarket CapP/E RatioROEDividend YieldRevenue GrowthEPS Growth
HK:1982HK:198266NeutralHKD 1.64B5.3511.98%17.36%6.23%-12.18%
Sector *61Neutral$18.38B12.79-2.54%3.03%1.52%-15.83%
HK:2199HK:219961NeutralHKD 3.14B11.159.33%6.24%-1.56%53.99%
HK:1532HK:153251NeutralHKD 298.20M-4.62-12.75%―1.27%51.71%
HK:0311HK:031150NeutralHKD 341.26M4.046.65%7.61%0.41%―
HK:2030HK:203048NeutralHKD 782.25M19.202.55%1.98%5.77%22.13%
HK:1906HK:190646NeutralHKD 2.01B-35.35-15.89%―-7.89%-99.44%

* Consumer Cyclical Sector Average

Performance Comparison

0%100%200%HK:1532HK:0311HK:1906HK:1982HK:2030HK:2199Dec '25Jan '26Feb '26Mar '26Apr '26May '26Jun '26Jul '26Aug '26Sep '26Oct '26
HK:1532 and its peers over the selected period
Show on chartTickerCompany NamePriceChange% Change
HK:1532China Partytime Culture Holdings Ltd.0.170.0539.83%
HK:0311Luen Thai Holdings Limited0.330.1149.32%
HK:1906Bonny International Holding Ltd.1.360.85167.65%
HK:1982Nameson Holdings Ltd.0.72-0.08-10.00%
HK:2030Cabbeen Fashion Limited1.17-0.34-22.62%
HK:2199Regina Miracle International (Holdings) Limited2.560.6735.57%

China Partytime Culture Holdings Ltd. Corporate Events

China Partytime Culture Exits Small Joint Venture in Strategic Asset Rebalance

Sep 11, 2026

China Partytime Culture Holdings Limited, a Hong Kong-listed cultural sector group incorporated in the Cayman Islands, conducts its operations in part through subsidiaries such as Partytime Culture and has used joint ventures to participate in smalle...

China Partytime Culture Narrows Interim Loss as Revenue Rises

Aug 21, 2026

China Partytime Culture Holdings reported unaudited revenue from continuing operations of RMB122.4 million for the six months ended 30 June 2026, up from RMB106.7 million a year earlier, with gross profit rising to RMB26.5 million. Despite higher sel...

China Partytime Schedules Board Meeting to Review Interim Results and Dividend

Aug 6, 2026

China Partytime Culture Holdings Ltd. has scheduled a board meeting for 21 August 2026 to review and approve the unaudited interim results for the six months ended 30 June 2026. At the same meeting, directors will also consider whether to recommend a...

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 06, 2026