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Hang Sang (Siu Po) International Holding Co. Ltd. (3626) AI Stock Analysis
Hang Sang (Siu Po) International Holding Co. Ltd.
(HKEX:3626)
The overall score is constrained by a combination of improving but still fragile fundamentals and a demanding valuation. The most positive factor is the company’s financial recovery and conservative balance sheet: it has moved from repeated losses and cash burn to modest profitability, higher gross margins, and positive free cash flow, all supported by low leverage, which materially reduces financial risk. However, this recovery is recent, profit margins remain thin, and both earnings and cash flows have been volatile over several years, so the quality and durability of the turnaround are not yet firmly established. Technicals are mildly negative, with the share price trading below key moving averages and momentum indicators showing subdued buying interest rather than a clear reversal, suggesting limited near‑term technical support. Against this backdrop, the very high P/E multiple and lack of visible dividend yield leave little valuation cushion, exposing investors to downside if the recovery stalls, which pulls the overall score into the upper‑50s rather than a higher, more confident range.
Hang Sang (Siu Po) International Holding Co. Ltd. (3626) vs. iShares MSCI Hong Kong ETF (EWH)
- Market Cap
- HKD 404.80M
- Dividend Yield
- ―
- Average Volume (3M)
- 149.06K
- Price to Earnings (P/E)
- 141.0
- Beta (1Y)
- -0.84
- Revenue Growth
- 3.80%
- EPS Growth
- 8.33%
- Country
- Hong Kong
- Employees
- 67
- Sector
- Industrials
- Sector Strength
- 63
- Industry
- Specialty Business Services
Hang Sang (Siu Po) International Holding Co. Ltd. Business Overview & Revenue Model
Company Description
Established in 1997 with its headquarters located in Cheung Sha Wan, Hong Kong, East Nova Holdings Limited specializes in the production and supply of clothing labels and various printed packaging solutions. The company caters to a diverse clientele,...
Hang Sang (Siu Po) International Holding Co. Ltd. Financial Statement Overview
Summary
Financial performance is moderately strong and clearly improving. Income statement quality is solid with a return to profitability, rising gross margins into the high‑30s%, and a move from sizeable losses to modest profit, but margins remain thin and the multi‑year record includes several loss‑making years. The balance sheet is a key strength, with shareholders’ equity comfortably exceeding total debt and a debt‑to‑equity ratio well below 0.5x, providing a conservative capital structure despite past volatility in returns. Cash flow has turned solidly positive with healthy free cash flow after prior periods of cash burn, yet the longer‑term history of uneven, volatile cash generation and inconsistent cash conversion prevents a higher score.
Income Statement
68PositiveBalance Sheet
74PositiveCash Flow
63Positive| Breakdown | TTM | Jun 2025 | Jun 2024 | Jun 2023 | Jun 2022 | Jun 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 98.77M | 98.77M | 95.15M | 70.03M | 54.41M | 75.51M |
| Gross Profit | 36.51M | 36.51M | 36.38M | 20.67M | 9.40M | 22.61M |
| EBITDA | 13.59M | 13.59M | 9.78M | 7.98M | -15.04M | 2.65M |
| Net Income | 2.87M | 2.87M | 2.66M | -2.40M | -25.96M | -3.83M |
Balance Sheet | ||||||
| Total Assets | 54.10M | 54.10M | 43.31M | 68.00M | 60.80M | 88.99M |
| Cash, Cash Equivalents and Short-Term Investments | 26.07M | 26.07M | 15.03M | 33.56M | 43.15M | 57.95M |
| Total Debt | 11.53M | 11.53M | 8.60M | 14.97M | 9.94M | 12.55M |
| Total Liabilities | 28.92M | 28.92M | 20.71M | 27.58M | 19.04M | 21.27M |
| Stockholders Equity | 25.01M | 25.01M | 22.54M | 40.30M | 41.75M | 67.72M |
Cash Flow | ||||||
| Free Cash Flow | 7.29M | 0 | 9.28M | 1.51M | -7.62M | -1.45M |
| Operating Cash Flow | 7.29M | 0 | 10.53M | 2.55M | -7.33M | -163.00K |
| Investing Cash Flow | 8,000 | 0 | -1.24M | -4.17M | 825.00K | -185.00K |
| Financing Cash Flow | -3.55M | 0 | -27.88M | -7.96M | -8.29M | -3.75M |
Hang Sang (Siu Po) International Holding Co. Ltd. Technical Analysis
Price Trends
Market Momentum
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For HK:3626, the sentiment is Positive. The current price of 2.22 is above the 20-day moving average (MA) of 2.21, above the 50-day MA of 2.04, and above the 200-day MA of 2.08, indicating a bullish trend. The MACD of 0.04 indicates Positive momentum. The RSI at 53.17 is Neutral, neither overbought nor oversold. The STOCH value of 45.42 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for HK:3626.
Hang Sang (Siu Po) International Holding Co. Ltd. Peers Comparison
Overall Rating
HK:154078.6Outperform
HK:197564Neutral- HK:362659Neutral
HK:844844Neutral
HK:045043Neutral
HK:838542Neutral
Financial Indicators
| Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
| HK:1540 | 79Outperform | HKD 276.76M | 9.13 | 10.05% | 3.16% | 4.00% | -31.04% |
| HK:1975 | 64Neutral | HKD 259.20M | 17.70 | 4.04% | 8.85% | 25.04% | ― |
| Sector * | 63Neutral | $10.79B | 15.43 | 7.44% | 2.01% | 2.89% | -14.66% |
| HK:3626 | 59Neutral | HKD 404.80M | 141.03 | 11.70% | ― | 3.80% | 8.33% |
| HK:8448 | 44Neutral | HKD 110.28M | 67.38 | 15.23% | ― | 10.01% | 164.52% |
| HK:0450 | 43Neutral | HKD 549.53M | -6.06 | -3.47% | 11.48% | 4.37% | -4.14% |
| HK:8385 | 42Neutral | HKD 9.60M | -0.30 | 26.10% | ― | 301.46% | 37.67% |
* Industrials Sector Average
Performance Comparison
| Show on chart | Ticker | Company Name | Price | Change | % Change |
|---|---|---|---|---|---|
| HK:3626 | Hang Sang (Siu Po) International Holding Co. Ltd. | 2.22 | -0.43 | -16.23% | |
| HK:0450 | Hung Hing Printing Group Limited | 0.60 | -0.24 | -28.82% | |
| HK:1540 | Left Field Printing Group Ltd. | 0.55 | 0.31 | 129.96% | |
| HK:1975 | Sun Hing Printing Holdings Limited | 0.54 | 0.19 | 55.17% | |
| HK:8385 | Prosperous Printing Company Limited | 0.09 | -0.15 | -62.13% | |
| HK:8448 | Universe Printshop Holdings Ltd. | 1.10 | 0.63 | 130.21% |
Hang Sang (Siu Po) International Holding Co. Ltd. Corporate Events
East Nova renews key Hong Kong industrial leases in discloseable transaction
East Nova Holdings Limited’s subsidiary Hang Sang (Siu Po) Press Company Limited has renewed its long-standing tenancy at the Gee Hing Chang Industrial Building in Cheung Sha Wan, Kowloon, securing industrial units across multiple floors as pro...
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: Jun 15, 2026