Want to see HK:2536 full AI Analyst Report?
Palasino Holdings Limited (2536) AI Stock Analysis
Palasino Holdings Limited
(HKEX:2536)
The score is held back primarily by weak cash-flow conversion (sharp free-cash-flow decline vs earnings) and poor technical positioning below major moving averages with negative MACD. These are partly offset by strong revenue growth, a low-leverage balance sheet, and a supportive dividend yield, though the high P/E limits the valuation contribution.
Palasino Holdings Limited (2536) vs. iShares MSCI Hong Kong ETF (EWH)
- Market Cap
- HKD 504.12M
- Dividend Yield
- 4.64%
- Average Volume (3M)
- 634.82K
- Price to Earnings (P/E)
- 36.5
- Beta (1Y)
- 0.47
- Revenue Growth
- ―
- EPS Growth
- ―
- Country
- Hong Kong
- Employees
- 697
- Sector
- Consumer Cyclical
- Sector Strength
- 61
- Industry
- Gambling, Resorts & Casinos
Palasino Holdings Limited Business Overview & Revenue Model
Company Description
Palasino Holdings Limited, through its various subsidiaries, operates within the hospitality and gaming sectors across the Czech Republic, Germany, and Austria. The company's activities are structured into two main divisions: Gaming Operations, and H...
How the Company Makes Money
The company primarily makes money by generating gaming revenue from its casino operations. This typically includes (i) table games revenue (the net win/loss from games such as baccarat/roulette/blackjack, i.e., the difference between amounts wagered...
Palasino Holdings Limited Financial Statement Overview
Summary
Financials are mixed: revenue grew strongly (+19.46% YoY) and leverage is conservative with improving debt-to-equity (~0.20). However, profitability remains thin (net margin ~2.3%, ROE ~2.4%) and cash flow quality is a key concern as free cash flow fell ~90.6% YoY and is only ~6% of net income.
Income Statement
62PositiveBalance Sheet
74PositiveCash Flow
46Neutral| Breakdown | TTM | Mar 2025 | Mar 2024 | Mar 2024 | Mar 2023 | Mar 2022 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 611.12M | 611.12M | 564.34M | 568.14M | 529.02M | 351.20M |
| Gross Profit | 370.05M | 370.05M | 196.16M | 201.08M | 203.18M | 76.81M |
| EBITDA | 50.50M | 56.30M | 56.80M | 59.11M | 88.37M | 77.03M |
| Net Income | 13.82M | 13.82M | 8.54M | 15.39M | 44.15M | 40.08M |
Balance Sheet | ||||||
| Total Assets | 782.80M | 782.80M | 738.70M | 760.84M | 616.82M | 577.16M |
| Cash, Cash Equivalents and Short-Term Investments | 267.08M | 267.08M | 305.12M | 293.07M | 107.17M | 135.58M |
| Total Debt | 114.40M | 114.40M | 126.45M | 121.56M | 135.06M | 141.61M |
| Total Liabilities | 215.62M | 215.62M | 235.85M | 211.57M | 229.05M | 228.91M |
| Stockholders Equity | 567.18M | 567.18M | 502.85M | 549.27M | 348.99M | 348.25M |
Cash Flow | ||||||
| Free Cash Flow | 17.48M | 3.03M | 19.61M | 4.79M | 61.29M | 96.31M |
| Operating Cash Flow | 24.32M | 49.08M | 45.41M | 23.27M | 91.47M | 101.26M |
| Investing Cash Flow | -34.88M | -85.69M | -19.49M | -35.59M | -81.47M | -17.21M |
| Financing Cash Flow | -34.54M | -41.10M | 196.50M | -3.54M | -18.08M | -21.77M |
Palasino Holdings Limited Technical Analysis
Price Trends
Market Momentum
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For HK:2536, the sentiment is Negative. The current price of 0.63 is below the 20-day moving average (MA) of 0.69, below the 50-day MA of 0.68, and below the 200-day MA of 1.36, indicating a bearish trend. The MACD of -0.03 indicates Positive momentum. The RSI at 45.28 is Neutral, neither overbought nor oversold. The STOCH value of 8.27 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for HK:2536.
Palasino Holdings Limited Peers Comparison
Overall Rating
HK:002780Outperform
HK:192869.3Neutral
HK:228259Neutral- HK:253652Neutral
HK:020052Neutral
HK:112848Neutral
Financial Indicators
| Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
| HK:0027 | 80Outperform | HKD 140.33B | 13.09 | 12.77% | 5.30% | 8.39% | 11.34% |
| HK:1928 | 69Neutral | HKD 86.44B | 12.58 | 65.49% | 9.36% | 8.73% | -3.66% |
| Sector * | 61Neutral | $18.38B | 12.79 | -2.54% | 3.03% | 1.52% | -15.83% |
| HK:2282 | 59Neutral | HKD 34.66B | 7.60 | 129.87% | 6.61% | 11.01% | 6.83% |
| HK:2536 | 52Neutral | HKD 504.12M | 36.55 | 2.42% | 4.64% | ― | ― |
| HK:0200 | 52Neutral | HKD 5.09B | 4.87 | 52.47% | ― | 6.61% | ― |
| HK:1128 | 48Neutral | HKD 23.80B | 7.88 | -22.18% | 9.92% | 9.38% | 60.07% |
* Consumer Cyclical Sector Average
Performance Comparison
| Show on chart | Ticker | Company Name | Price | Change | % Change |
|---|---|---|---|---|---|
| HK:2536 | Palasino Holdings Limited | 0.63 | -2.02 | -76.33% | |
| HK:0200 | Melco International Development Limited | 2.24 | -2.54 | -53.13% | |
| HK:2282 | Mgm China Holdings(OTC) | 9.12 | -5.27 | -36.62% | |
| HK:0027 | Galaxy Entertainment Group | 32.06 | -4.44 | -12.15% | |
| HK:1928 | Sands China | 10.68 | -7.88 | -42.46% | |
| HK:1128 | Wynn Macau | 4.49 | -1.65 | -26.87% |
Palasino Holdings Limited Corporate Events
Palasino Director Resigns; Audit Committee Composition Adjusted
Palasino Holdings Limited announced that independent non-executive director Ms. Jie Jiao will resign effective 28 August 2026 so she can devote more time to other work commitments. The board noted that Ms. Jiao has no disagreement with directors and...
Palasino Holdings Tightens Governance With Updated Board and Committee Roles
Palasino Holdings Limited has updated its board composition effective 28 August 2026, confirming Pavel Maršík as executive director and chief executive officer, alongside non-executive and independent non-executive directors led by chairman...
Palasino Wins Shareholder Backing for Dividend, Board Re-Election and Capital Mandates
Palasino Holdings Limited reported that all resolutions at its annual general meeting on 27 August 2026 were approved by shareholders via poll, with near-unanimous support across the agenda. The meeting endorsed the audited financial statements for t...
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 31, 2026