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Time Watch Investments Ltd.
(2033)
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Rating:47Neutral
Price Target:
HK$0.24
â–¼(-16.90% Downside)
Action:Reiterated
Date:04/02/26
The score is held back primarily by deteriorating operating performance (shrinking revenue and a swing to losses) and weak technical momentum (negative MACD with depressed RSI/Stoch). These risks are partially offset by a conservative balance sheet with minimal leverage and a modest dividend yield.
Positive Factors
Conservative balance sheet
Very low leverage and a large equity base provide long-term financial resilience. This limits refinancing and bankruptcy risk, preserves strategic optionality for investment or restructuring, and supports steady operations through multi-quarter revenue pressure.
Negative Factors
Prolonged revenue contraction
Multi-year revenue decline erodes scale and bargaining power, increases per-unit fixed cost burdens, and makes profitable growth harder to achieve. Without product or market fixes, shrinking top line undermines long-term operating leverage and investment capacity.
Read all positive and negative factors
Positive Factors
Negative Factors
Conservative balance sheet
Very low leverage and a large equity base provide long-term financial resilience. This limits refinancing and bankruptcy risk, preserves strategic optionality for investment or restructuring, and supports steady operations through multi-quarter revenue pressure.
Read all positive factors
Time Watch Investments Ltd. (2033) vs. iShares MSCI Hong Kong ETF (EWH)
Market Cap
HK$448.66M
Dividend Yield3.08%
Average Volume (3M)47.80K
Price to Earnings (P/E)―
Beta (1Y)0.17
Revenue Growth-20.83%
EPS Growth-483.64%
CountryHK
Employees2,100
SectorConsumer Cyclical
Sector Strength84
IndustryApparel - Footwear & Accessories
Share Statistics
EPS (TTM)-0.02
Shares Outstanding2,058,068,000
10 Day Avg. Volume71,000
30 Day Avg. Volume47,800
Financial Highlights & Ratios
PEG Ratio0.25
Price to Book (P/B)0.30
Price to Sales (P/S)0.97
P/FCF Ratio9.33
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
Time Watch Investments Ltd. Business Overview & Revenue Model
Company Description
Time Watch Investments Limited operates as an investment holding company, deeply embedded in the horology market of the People's Republic of China. This enterprise is comprehensively engaged in the production, brand management, and retail distribu...
Time Watch Investments Ltd. Financial Statement Overview
Summary
Income Statement
34
Negative
Balance Sheet
78
Positive
Cash Flow
56
Neutral
| Breakdown | TTM | Jun 2024 | Jun 2023 | Jun 2022 | Jun 2021 | Jun 2020 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 627.02M | 689.43M | 881.04M | 981.76M | 1.41B | 1.92B |
| Gross Profit | 424.40M | 494.15M | 641.15M | 721.00M | 1.02B | 1.45B |
| EBITDA | -44.73M | -35.88M | 97.51M | 108.82M | 114.18M | 457.01M |
| Net Income | -43.47M | -17.54M | 33.64M | 37.07M | 33.02M | 259.10M |
Balance Sheet | ||||||
| Total Assets | 2.46B | 2.47B | 2.54B | 2.62B | 2.94B | 3.08B |
| Cash, Cash Equivalents and Short-Term Investments | 1.20B | 1.18B | 1.15B | 1.16B | 970.41M | 1.05B |
| Total Debt | 71.89M | 38.91M | 27.46M | 31.49M | 41.17M | 63.97M |
| Total Liabilities | 236.25M | 209.33M | 224.71M | 232.00M | 325.75M | 444.00M |
| Stockholders Equity | 2.23B | 2.26B | 2.31B | 2.39B | 2.58B | 2.60B |
Cash Flow | ||||||
| Free Cash Flow | 21.41M | 71.70M | 140.54M | 33.79M | 85.53M | 284.99M |
| Operating Cash Flow | 67.21M | 102.27M | 178.78M | 107.61M | 175.50M | 427.74M |
| Investing Cash Flow | -51.43M | -75.09M | 82.16M | -21.08M | 481.84M | -869.11M |
| Financing Cash Flow | 17.98M | -24.88M | -89.55M | -122.08M | -60.71M | -27.69M |
Time Watch Investments Ltd. Technical Analysis
Negative
0.29
Price Trends
0.24
Negative
0.26
Negative
0.29
Negative
Market Momentum
>-0.01
Negative
27.97
Positive
33.33
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For HK:2033, the sentiment is Negative. The current price of 0.29 is above the 20-day moving average (MA) of 0.23, above the 50-day MA of 0.24, and below the 200-day MA of 0.29, indicating a bearish trend. The MACD of >-0.01 indicates Negative momentum. The RSI at 27.97 is Positive, neither overbought nor oversold. The STOCH value of 33.33 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for HK:2033.
Time Watch Investments Ltd. Peers Comparison
UnderperformOutperform
Sector (61)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
77 Outperform | HK$9.97B | 10.16 | 11.35% | 11.44% | 2.33% | -22.20% | |
76 Outperform | HK$447.45M | 5.13 | 26.54% | 7.31% | 17.32% | 34.39% | |
74 Outperform | HK$613.37M | 5.17 | 11.96% | 6.25% | 1.49% | -9.08% | |
66 Neutral | HK$17.40B | 8.08 | 16.79% | 6.25% | 1.27% | -6.77% | |
61 Neutral | $18.38B | 12.79 | -2.54% | 3.03% | 1.52% | -15.83% | |
47 Neutral | HK$448.66M | -10.33 | -1.94% | 3.08% | -20.83% | -483.64% | |
36 Underperform | HK$243.16M | -3.66 | -13.55% | 25.32% | -38.65% | 41.22% |
* Consumer Cyclical Sector Average
HK:2033
Time Watch Investments Ltd.
0.22
-0.13
-37.43%
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52.08%
Time Watch Investments Ltd. Corporate Events
Time Watch Renews Connected Supply Deal with ILG Through 2028
Jul 31, 2026
Time Watch Investments Limited has renewed its master supply agreement with ILG, signing a 2026 Master Supply Agreement under which the group will supply watches and watch movements to ILG Group members from 1 August 2026 to 30 June 2028. The deal...
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.