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Hengdeli Holdings (3389) AI Stock Analysis
Hengdeli Holdings
(HKEX:3389)
The score is weighed down primarily by sharp revenue deterioration and persistent losses. Weak technical momentum and a negative P/E provide additional risks, while the low-debt balance sheet and improving cash flow offer limited offsets.
Hengdeli Holdings (3389) vs. iShares MSCI Hong Kong ETF (EWH)
- Market Cap
- HKD 53.29M
- Dividend Yield
- 369.44%
- Average Volume (3M)
- 6.17M
- Price to Earnings (P/E)
- -3.3
- Beta (1Y)
- 0.47
- Revenue Growth
- -21.99%
- EPS Growth
- -138.89%
- Country
- Hong Kong
- Employees
- 1,332
- Sector
- Industrials
- Sector Strength
- 63
- Industry
- Conglomerates
Hengdeli Holdings Business Overview & Revenue Model
Company Description
Hengdeli Holdings Limited, alongside its associated companies, primarily operates in the retail and wholesale markets for watches and fine jewelry. The group also undertakes the design, production, and fitting out of commercial spaces. Additionally,...
How the Company Makes Money
Hengdeli Holdings makes money primarily through (1) retail and distribution sales of watches and related products, where revenue is recognized from selling branded/luxury watches to end customers via its retail channels, and (2) watch-related service...
Hengdeli Holdings Financial Statement Overview
Summary
The provided income statement score of 32 is below the permitted range and is floored at 37. Sharp revenue declines and persistent losses outweigh the strong balance sheet and improving but inconsistent cash flow.
Income Statement
32NegativeBalance Sheet
78PositiveCash Flow
65Positive| Breakdown | TTM | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 588.13M | 648.95M | 1.04B | 1.42B | 1.04B | 877.99M |
| Gross Profit | 150.56M | 163.55M | 148.76M | 215.26M | 123.59M | 137.91M |
| EBITDA | -59.47M | -49.46M | -18.63M | 90.27M | -9.38M | 95.08M |
| Net Income | -85.04M | -26.90M | -65.16M | 33.88M | -80.02M | 26.28M |
Balance Sheet | ||||||
| Total Assets | 3.17B | 3.35B | 3.53B | 3.60B | 3.53B | 3.53B |
| Cash, Cash Equivalents and Short-Term Investments | 1.29B | 1.33B | 1.28B | 1.32B | 1.33B | 946.40M |
| Total Debt | 89.29M | 66.44M | 82.86M | 123.76M | 99.06M | 97.73M |
| Total Liabilities | 213.08M | 243.26M | 254.64M | 353.52M | 305.96M | 258.93M |
| Stockholders Equity | 2.89B | 3.03B | 3.21B | 3.19B | 3.16B | 3.20B |
Cash Flow | ||||||
| Free Cash Flow | 47.39M | 110.50M | -125.73M | -132.62M | 177.63M | -156.52M |
| Operating Cash Flow | 65.41M | 127.72M | -85.70M | 83.29M | 237.39M | -77.63M |
| Investing Cash Flow | 14.12M | 262.67M | 21.75M | -164.12M | 68.59M | -227.05M |
| Financing Cash Flow | 23.37M | -21.96M | -44.79M | -3.41M | -24.46M | -17.58M |
Hengdeli Holdings Technical Analysis
Price Trends
Market Momentum
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For HK:3389, the sentiment is Negative. The current price of 0.07 is below the 20-day moving average (MA) of 0.10, below the 50-day MA of 0.11, and below the 200-day MA of 0.08, indicating a bearish trend. The MACD of -0.01 indicates Positive momentum. The RSI at 31.85 is Neutral, neither overbought nor oversold. The STOCH value of 1.74 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for HK:3389.
Hengdeli Holdings Peers Comparison
Overall Rating
HK:088775Outperform
HK:011371Outperform
HK:039869.5Neutral
HK:008453Neutral
HK:025648.6Neutral- HK:338938Underperform
Financial Indicators
| Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
| HK:0887 | 75Outperform | HKD 1.79B | 3.14 | 9.96% | 8.19% | 8.83% | 109.28% |
| HK:0113 | 71Outperform | HKD 2.30B | 9.20 | 6.71% | 9.20% | 3.51% | 27.91% |
| HK:0398 | 70Neutral | HKD 1.55B | 8.59 | 9.99% | 6.19% | -0.78% | -10.18% |
| Sector * | 63Neutral | $10.79B | 15.43 | 7.44% | 2.01% | 2.89% | -14.66% |
| HK:0084 | 53Neutral | HKD 72.09M | -1.52 | -5.18% | ― | 0.91% | 55.64% |
| HK:0256 | 49Neutral | HKD 581.57M | -4.12 | -3.03% | ― | -4.85% | 60.69% |
| HK:3389 | 38Underperform | HKD 317.09M | -3.26 | -2.87% | 369.44% | -21.99% | -138.89% |
* Industrials Sector Average
Performance Comparison
| Show on chart | Ticker | Company Name | Price | Change | % Change |
|---|---|---|---|---|---|
| HK:3389 | Hengdeli Holdings | 0.07 | 0.03 | 94.59% | |
| HK:0256 | Citychamp Watch & Jewellery Group | 0.11 | -0.07 | -38.59% | |
| HK:0113 | Dickson Concepts (International) | 5.98 | 1.18 | 24.45% | |
| HK:0887 | Emperor Watch & Jewellery | 0.25 | -0.01 | -4.23% | |
| HK:0398 | Oriental Watch Holdings | 3.18 | 0.13 | 4.23% | |
| HK:0084 | Stelux Holdings International Limited | 0.07 | -0.00 | -1.43% |
Hengdeli Holdings Corporate Events
Hengdeli Renews Connected Services Deal with Primetime, Sets RMB16m Cap for 2027
Hengdeli Holdings has renewed its framework agreement with Primetime Group for the provision of shop design and decoration services, extending the relationship for another year from 1 January 2027 to 31 December 2027 on substantially the same terms a...
Hengdeli Shareholders Approve HK$0.266 Special Dividend
At Hengdeli Holdings Limited, a Cayman Islands-incorporated company listed in Hong Kong under stock code 3389, the core business lies in the retail and distribution of watches and luxury-related goods. The group continues to demonstrate attention to...
Hengdeli Calls EGM to Approve HK$0.266 Special Dividend
Hengdeli Holdings has called an extraordinary general meeting in Hong Kong on 28 October 2026 for shareholders to vote on a proposed special dividend of HK$0.266 per share to be paid out of the company’s share premium account. Shareholders on t...
Hengdeli Proposes HK$0.266 Per Share Special Dividend From Share Premium
Hengdeli Holdings Limited has proposed a special cash dividend of HKD 0.266 per share, to be paid out of its share premium account for the financial year ending 31 December 2026, based on the reporting period ended 30 June 2026. The payout underscore...
Hengdeli Proposes HK$1.17 Billion Special Dividend Subject to Shareholder Approval
Hengdeli Holdings has proposed a special dividend of HK$0.266 per share, to be paid out of its share premium account in recognition of long-term shareholder support, subject to approval at an extraordinary general meeting. Based on the current share...
Hengdeli Board to Weigh Conditional Special Dividend at September Meeting
Hengdeli Holdings Limited has announced that its board of directors will convene a meeting on 28 September 2026 to consider a potential conditional special dividend to be paid out of the company’s share premium account. The proposed distributio...
Hengdeli Swings to Interim Loss as Revenue Drops Nearly 20%
Hengdeli Holdings Limited, incorporated in the Cayman Islands and listed on the Hong Kong Stock Exchange, operates as a branded products distributor and retailer primarily serving the Greater China market. The group reports in Renminbi under Hong Kon...
Hengdeli warns of interim loss as sales and investment income weaken
Hengdeli Holdings has issued a profit warning, telling investors it expects to swing to a loss of at least RMB31 million for the six months ended 30 June 2026, compared with a profit of about RMB26.3 million a year earlier. The deterioration is attri...
Hengdeli Sets August Board Meeting to Approve Interim Results and Consider Dividend
Hengdeli Holdings has scheduled a board meeting for 20 August 2026 in Hong Kong to review and approve the interim results for the six months ended 30 June 2026, covering the company and its subsidiaries. The board will also consider the payment of an...
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