SMC Electric Limited AI Stock Analysis
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SMC Electric Limited (2381) AI Stock Analysis
SMC Electric Limited
(HKEX:2381)
The score is primarily constrained by deteriorating profitability and cash generation, despite low leverage and solid solvency. Weak technical momentum and a negative P/E ratio add further risk; the modest dividend yield offers only limited support.
SMC Electric Limited (2381) vs. iShares MSCI Hong Kong ETF (EWH)
- Market Cap
- HKD 466.00M
- Dividend Yield
- 3.53%
- Average Volume (3M)
- 5.48M
- Price to Earnings (P/E)
- -68.5
- Beta (1Y)
- 0.28
- Revenue Growth
- -30.25%
- EPS Growth
- -125.95%
- Country
- Hong Kong
- Employees
- 113
- Sector
- Consumer Cyclical
- Sector Strength
- 61
- Industry
- Industrial - Machinery
SMC Electric Limited Business Overview & Revenue Model
Company Description
Operating as an investment holding entity, SMC Electric Limited is engaged in the development, production, and sale of various electric appliances. Its market reach extends across North America, specifically the United States, Canada, and Mexico. The...
SMC Electric Limited Financial Statement Overview
Summary
Financial performance is weak overall: income and cash-flow scores are very low because of declining revenue, compressed margins, and sharply weaker cash generation. Low leverage and solid solvency provide partial support through the stronger balance-sheet score.
Income Statement
38NegativeBalance Sheet
65PositiveCash Flow
34Negative| Breakdown | TTM | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 183.68M | 217.82M | 257.28M | 232.92M | 254.49M | 230.44M |
| Gross Profit | 33.84M | 51.38M | 71.08M | 63.69M | 69.96M | 61.89M |
| EBITDA | -5.87M | 8.06M | 29.91M | 24.60M | 34.94M | 39.13M |
| Net Income | -6.75M | 9.48M | 26.36M | 20.77M | 22.37M | 28.32M |
Balance Sheet | ||||||
| Total Assets | 173.39M | 186.17M | 203.14M | 183.33M | 182.35M | 224.21M |
| Cash, Cash Equivalents and Short-Term Investments | 52.49M | 70.95M | 90.43M | 82.16M | 89.30M | 90.91M |
| Total Debt | 1.85M | 3.61M | 6.97M | 3.60M | 5.36M | 3.64M |
| Total Liabilities | 50.39M | 60.82M | 67.56M | 54.07M | 43.63M | 59.82M |
| Stockholders Equity | 123.00M | 125.35M | 135.58M | 129.26M | 138.72M | 164.40M |
Cash Flow | ||||||
| Free Cash Flow | -11.98M | 3.99M | 29.53M | 26.06M | 48.05M | 24.67M |
| Operating Cash Flow | 1.25M | 14.80M | 31.04M | 27.81M | 48.85M | 28.87M |
| Investing Cash Flow | -13.22M | -10.79M | 1.40M | 659.00K | -212.00K | -4.10M |
| Financing Cash Flow | -23.73M | -23.71M | -23.71M | -35.51M | -49.63M | -11.66M |
SMC Electric Limited Technical Analysis
Price Trends
Market Momentum
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For HK:2381, the sentiment is Negative. The current price of 0.23 is below the 20-day moving average (MA) of 0.29, below the 50-day MA of 0.34, and above the 200-day MA of 0.21, indicating a neutral trend. The MACD of -0.02 indicates Positive momentum. The RSI at 32.76 is Neutral, neither overbought nor oversold. The STOCH value of 33.30 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for HK:2381.
SMC Electric Limited Peers Comparison
Overall Rating
HK:030071Outperform
HK:669066Neutral
HK:169164Neutral
HK:092163Neutral
HK:222248Neutral- HK:238146Neutral
Financial Indicators
| Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
| HK:0300 | 71Outperform | HKD 777.09B | 13.73 | 21.28% | 4.87% | 7.41% | 13.37% |
| HK:6690 | 66Neutral | HKD 211.71B | 11.41 | 14.12% | 6.31% | -3.85% | -13.53% |
| HK:1691 | 64Neutral | HKD 5.96B | 17.04 | 8.56% | ― | 0.39% | ― |
| HK:0921 | 63Neutral | HKD 31.91B | 13.55 | 12.54% | 8.48% | -6.29% | -30.87% |
| Sector * | 61Neutral | $18.38B | 12.79 | -2.54% | 3.03% | 1.52% | -15.83% |
| HK:2222 | 48Neutral | HKD 263.78M | -14.13 | -0.49% | ― | 4.73% | 76.27% |
| HK:2381 | 46Neutral | HKD 520.00M | -68.53 | -5.44% | 3.53% | -30.25% | -125.95% |
* Consumer Cyclical Sector Average
Performance Comparison
| Show on chart | Ticker | Company Name | Price | Change | % Change |
|---|---|---|---|---|---|
| HK:2381 | SMC Electric Limited | 0.23 | 0.13 | 126.21% | |
| HK:0921 | Hisense Home Appliances Group Co Class H | 17.26 | -6.37 | -26.95% | |
| HK:1691 | JS Global Lifestyle Company Limited | 1.73 | -0.16 | -8.73% | |
| HK:2222 | NVC International Holdings Ltd. | 0.51 | -0.21 | -29.17% | |
| HK:6690 | Haier Smart Home Co., Ltd. Class H | 20.92 | -3.84 | -15.52% | |
| HK:0300 | Midea Group Co. Ltd. Class H | 101.60 | 18.82 | 22.74% |
SMC Electric Limited Corporate Events
SMC Electric Overhauls Board and Leadership After MegaNova Takeover
SMC Electric Limited has announced a sweeping overhaul of its leadership and board structure following the change in control arising from MegaNova Holdings Limited’s takeover offer. Eight directors, including former chairman and chief executive offic...
SMC Electric Sets Out Board and Committee Structure
SMC Electric Limited has announced the current composition of its board of directors, confirming the mix of executive, non-executive and independent non-executive members and the leadership of Chairman and Chief Executive Officer Mr. Lin Zhendong.The...
Mega Nova Closes Mandatory Cash Offer for SMC Electric with Limited Uptake
Mega Nova Holdings Limited has completed a mandatory unconditional cash offer to acquire all issued shares of SMC Electric Limited not already owned or agreed to be acquired, with the offer closing on 6 October 2026 without revision or extension. The...
Mega Nova Launches Mandatory Cash Offer for Hong Kong-Listed SMC Electric
SMC Electric Limited is a Hong Kong-listed company in the electrical products industry that has attracted a mandatory takeover bid from Mega Nova Holdings Limited. The move signals a possible change in control, with independent advisers engaged to as...
Mega Nova Takes Control of SMC Electric With HK$154 Million Stake Purchase
SMC Electric Limited is a Hong Kong-listed player in the electrical sector, though the release does not detail its specific products or geographic focus. The company’s shares trade on the Stock Exchange of Hong Kong, and its ownership has shifted to...
SMC Electric Swings to Interim Loss as Revenue Drops Sharply
SMC Electric Limited reported unaudited interim results for the six months ended 30 June 2026, showing a sharp downturn in performance compared with the prior year period. Revenue fell to HK$95.8 million from HK$130.0 million, and gross profit more t...
Mega Nova delays composite offer document in SMC Electric takeover
Mega Nova Holdings Limited and SMC Electric Limited have announced a delay in sending out a composite document related to a mandatory unconditional cash offer for all SMC Electric shares not already held or agreed to be acquired by the offeror and it...
SMC Electric Sets Board Meeting to Approve 2026 Interim Results
SMC Electric Limited has scheduled a board meeting for 31 August 2026 to review and approve the unaudited consolidated interim results for the six months ended 30 June 2026. The meeting will also address any other business matters, signaling routine...
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: Nov 03, 2026