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JS Global Lifestyle Company Limited (1691) AI Stock Analysis
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JS Global Lifestyle Company Limited
(HKEX:1691)
The score is driven primarily by mixed financial performance: strong 2025 cash-flow rebound and manageable leverage are offset by deteriorating profitability and margin compression. Earnings-call commentary adds moderate support due to a H1 2026 profitability turnaround and growth in SN APAC/ANZ, but ongoing margin pressure and working-capital risks temper confidence. Technicals are neutral-to-soft, while valuation is moderate based on a ~14 P/E with no dividend data.
JS Global Lifestyle Company Limited (1691) vs. iShares MSCI Hong Kong ETF (EWH)
- Market Cap
- HKD 6.08B
- Dividend Yield
- ―
- Average Volume (3M)
- 8.60M
- Price to Earnings (P/E)
- 17.3
- Beta (1Y)
- 0.64
- Revenue Growth
- 0.39%
- EPS Growth
- ―
- Country
- Hong Kong
- Employees
- 2,363
- Sector
- Consumer Cyclical
- Sector Strength
- 61
- Industry
- Furnishings, Fixtures & Appliances
JS Global Lifestyle Company Limited Business Overview & Revenue Model
Company Description
JS Global Lifestyle Company Limited is a global enterprise dedicated to the research, development, design, production, marketing, and sale of small household appliances. The company's operations span Mainland China, North America, Europe, and other i...
JS Global Lifestyle Company Limited Earnings Call Summary
Overall the call presents a cautiously positive outlook: the group achieved a meaningful profitability turnaround and SN APAC delivered strong, product‑driven growth and margin improvement (ANZ and emerging markets notably robust), which offset pressure from weaker domestic demand at Joyoung, the South Korea channel transition impact, and input‑cost/competitive headwinds. Management emphasized product innovation, channel optimization, cost and supply‑chain actions to sustain improvement into H2.
Q2-2026 Updates
Positive Updates
Negative Updates
Company Guidance
Management guided that in H1 the group recorded revenue of USD 741m (USD 711m from third‑party customers), gross profit USD 229m with group gross margin ~30.9% (third‑party margin ~32.2%), adjusted net profit USD 14.8m (+9.6% YoY) and reported net profit ~USD 13m (turning from a loss); they noted H1 revenue fell 4.3% YoY (third‑party −1.2%) and gross profit was down vs. prior year (group gross profit −7.7% YoY), while inventory days improved to 57 (vs 59), receivables/notes ~101 days (vs 97) and AR-related days ~198; segment metrics: Joyoung third‑party revenue USD 467m (vs USD 490m), SN APAC third‑party USD 244m (+6.2% YoY; +~31–31.5% ex‑Korea), SN APAC share of third‑party revenue rose to 34.4% (from 31.9%), ANZ USD 129m (+34%), Japan USD 63m (cc +2.6%), Korea USD 18m (from USD 58m), other regions USD 44m (from USD 17m), China USD 457m (from USD 483m); CapEx was USD 18m, interest‑bearing loans USD 79m and debt/equity ~0.15x. For H2 the company reiterated guidance to drive product innovation and channel/DTC expansion, launch new products (Joyoung to narrow the revenue gap and SN APAC to expand coffee/food/beauty/cleaning hits), deepen footprints in Australia/New Zealand, Japan and Korea and expand into India/South/Southeast Asia, while strengthening product‑mix, supply‑chain, expense and working‑capital management, adding suppliers/tooling to address capacity and aiming to balance scale, profitability and capital efficiency.
JS Global Lifestyle Company Limited Financial Statement Overview
Summary
Overall fundamentals are mixed: the income statement is weak due to meaningful margin compression and a return to losses in 2025, while the balance sheet remains supportive with low leverage and the cash-flow profile improved sharply in 2025 with solid positive free cash flow despite net losses. The key financial risk is profitability durability.
Income Statement
33NegativeBalance Sheet
62PositiveCash Flow
70Positive| Breakdown | TTM | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 1.62B | 1.66B | 1.59B | 1.43B | 1.48B | 5.15B |
| Gross Profit | 507.26M | 533.86M | 510.19M | 486.58M | 536.39M | 1.92B |
| EBITDA | 9.81M | -12.95M | -73.09M | 96.19M | 256.85M | 650.84M |
| Net Income | 44.49M | -24.15M | 6.21M | 131.71M | 332.27M | 420.50M |
Balance Sheet | ||||||
| Total Assets | 1.46B | 1.64B | 1.50B | 1.40B | 4.64B | 4.81B |
| Cash, Cash Equivalents and Short-Term Investments | 582.53M | 718.37M | 438.62M | 370.34M | 521.42M | 637.52M |
| Total Debt | 100.44M | 94.12M | 32.79M | 5.71M | 941.51M | 1.03B |
| Total Liabilities | 783.40M | 954.71M | 804.64M | 705.13M | 2.57B | 2.72B |
| Stockholders Equity | 519.88M | 520.08M | 534.31M | 535.47M | 1.90B | 1.86B |
Cash Flow | ||||||
| Free Cash Flow | 33.58M | 100.34M | 47.21M | 217.10M | 405.34M | 265.03M |
| Operating Cash Flow | 46.88M | 116.95M | 56.03M | 312.12M | 500.93M | 329.52M |
| Investing Cash Flow | -88.74M | 9.31M | -5.40M | -338.27M | -113.40M | -140.95M |
| Financing Cash Flow | 20.85M | 56.47M | 1.32M | -199.61M | -373.11M | -201.71M |
JS Global Lifestyle Company Limited Technical Analysis
Price Trends
Market Momentum
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For HK:1691, the sentiment is Positive. The current price of 1.75 is above the 20-day moving average (MA) of 1.75, above the 50-day MA of 1.62, and above the 200-day MA of 1.62, indicating a bullish trend. The MACD of 0.04 indicates Positive momentum. The RSI at 56.20 is Neutral, neither overbought nor oversold. The STOCH value of 61.15 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for HK:1691.
JS Global Lifestyle Company Limited Peers Comparison
Overall Rating
HK:254974Outperform
HK:030071Outperform
HK:669066Neutral
HK:092163Neutral
HK:137363Neutral- HK:169156Neutral
Financial Indicators
| Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
| HK:2549 | 74Outperform | HKD 2.04B | 6.00 | 20.29% | 3.86% | ― | ― |
| HK:0300 | 71Outperform | HKD 785.08B | 13.01 | 21.28% | 5.08% | 7.41% | 13.37% |
| HK:6690 | 66Neutral | HKD 208.69B | 11.15 | 14.12% | 6.62% | -3.85% | -13.53% |
| HK:0921 | 63Neutral | HKD 33.84B | 14.44 | 12.54% | 8.21% | -6.29% | -30.87% |
| HK:1373 | 63Neutral | HKD 449.19M | 10.06 | 5.15% | 8.35% | -8.88% | -4.52% |
| Sector * | 61Neutral | $18.38B | 12.79 | -2.54% | 3.03% | 1.52% | -15.83% |
| HK:1691 | 56Neutral | HKD 5.99B | 17.29 | 8.56% | ― | 0.39% | ― |
* Consumer Cyclical Sector Average
Performance Comparison
| Show on chart | Ticker | Company Name | Price | Change | % Change |
|---|---|---|---|---|---|
| HK:1691 | JS Global Lifestyle Company Limited | 1.75 | -0.01 | -0.57% | |
| HK:0921 | Hisense Home Appliances Group Co Class H | 17.84 | -3.92 | -18.01% | |
| HK:1373 | International Housewares Retail Co | 0.64 | -0.09 | -12.05% | |
| HK:6690 | Haier Smart Home Co., Ltd. Class H | 19.95 | -3.97 | -16.61% | |
| HK:0300 | Midea Group Co. Ltd. Class H | 96.65 | 18.29 | 23.34% | |
| HK:2549 | Carote Ltd | 3.68 | -0.73 | -16.52% |
JS Global Lifestyle Company Limited Corporate Events
JS Global Sets US$85 Million Cap on Joyoung Sourcing Deal for 2027
JS Global Lifestyle Company Limited, a consumer appliances group, markets SharkNinja-branded cooking, food preparation and floor care products, and relies on OEM and sourcing partnerships such as those with Joyoung Group to support its global supply...
JS Global Flags Sharp Profit Decline at Subsidiary Joyoung in Q3 2026
JS Global Lifestyle Company Limited has disclosed unaudited third-quarter and nine-month 2026 financial figures for its Shenzhen-listed subsidiary Joyoung Co., Ltd., prepared under PRC accounting standards. The report shows Joyoung’s operating...
JS Global Controlling Shareholder Plans US$200 Million Loan Backed by Share Pledge
JS&W Global Holding Limited Partnership, the controlling shareholder of JS Global Lifestyle, has entered into a memorandum of understanding with an independent lender for a proposed US$200 million term loan facility. As part of the arrangement, J...
JS Global Lifestyle Swings Back to Profit Despite Revenue Dip
JS Global Lifestyle Company Limited reported interim results for the six months ended June 30, 2026, showing revenue of US$741.2 million, a 4.3% year-on-year decline amid softer sales. Despite lower revenue and a 7.7% drop in gross profit to US$229.3...
JS Global Shareholders Approve Joyoung Sourcing Deal at Extraordinary Meeting
JS Global Lifestyle Company Limited announced that shareholders approved all resolutions at an extraordinary general meeting held on August 14, 2026, concerning the renewal and ratification of the 2026 sourcing services agreement with Joyoung. The vo...
JS Global Schedules Board Meeting to Review Interim Results and Possible Dividend
JS Global Lifestyle Company Limited has scheduled a board meeting for August 21, 2026, to review and approve the unaudited interim results for the six months ended June 30, 2026, and to authorize their publication. The board will also consider declar...
JS Global Flags Sharp Turnaround to Interim Profit on Cost Cuts and SharkNinja Growth
JS Global Lifestyle Company Limited, a Hong Kong-listed consumer lifestyle and home appliance group, operates through subsidiaries including its SharkNinja Asia Pacific business. The company focuses on branded home and lifestyle products, leveraging...
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