Furniweb Holdings Limited (8480) AI Stock Analysis

Furniweb Holdings Limited

(HKEX:8480)

Select Model

Rating:81Outperform

Price Target:HKD 0.14▲(15.32% Upside)

Action:reiterated

Date:09/22/26

The overall score is driven primarily by strong fundamentals and an attractive valuation: low leverage, expanding equity, and robust, cash-backed earnings combine with a very low P/E and high dividend yield to support a favorable risk–reward profile. Revenue and margin volatility, including the recent downturn versus a strong 2025, modestly reduce the score by highlighting cyclical demand risk that investors must monitor. Technical indicators add secondary support, with the price above key moving averages and momentum readings showing healthy upside without overbought signals, reinforcing but not dominating the positive long-term case.

Positive Factors

Conservative leverageVery low leverage reduces fixed financial obligations and preserves flexibility through business cycles. This supports the company’s ability to fund operations, absorb weaker demand, and allocate capital without the balance-sheet pressure associated with substantial borrowing.

Negative Factors

Recent revenue contractionThe latest revenue decline signals weaker demand, order activity, or project timing than in the preceding period. If sustained, lower sales can reduce production utilization and operating leverage, making it harder to maintain earnings growth even with a conservative balance sheet.

Furniweb Holdings Limited (8480) vs. iShares MSCI Hong Kong ETF (EWH)

Market Cap: HKD 114.49M
Dividend Yield: 8.06%
Average Volume (3M): 553.98K
Price to Earnings (P/E): 3.1
Beta (1Y): 1.35
Revenue Growth: 3.64%
EPS Growth: 1.05%
Country: Hong Kong
Employees: 666
Sector: General
Sector Strength: 55
Industry: Manufacturing - Textiles

Furniweb Holdings Limited Business Overview & Revenue Model

Company Description

Furniweb Holdings Limited, an investment holding company, manufactures and sells elastic textile, webbings, rubber tape, and other manufacturing products. It operates in two segments, Manufacturing and Energy Efficiency. The company offers upholstery...

How the Company Makes Money

Furniweb Holdings Limited primarily makes money by selling furniture products and related services to customers, with revenue generally recognized from fulfilling customer orders under supply contracts or project arrangements. Key revenue streams typ...

Furniweb Holdings Limited Financial Statement Overview

Summary

Financial performance is solid overall, underpinned by a conservatively financed balance sheet, growing equity base, and strong, rising operating and free cash flow that closely track earnings. Profitability is positive but revenue growth and margins have been volatile, with recent softness versus 2025 tempering the otherwise strong cash and balance sheet profile.

Income Statement

70Positive

Balance Sheet

82Very Positive

Cash Flow

85Very Positive

Financial statement breakdown
Breakdown	TTM	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	210.67M	234.28M	191.09M	216.83M	162.16M	132.90M
Gross Profit	51.53M	60.61M	52.67M	57.28M	41.40M	46.23M
EBITDA	25.00M	33.41M	25.34M	22.05M	17.50M	13.81M
Net Income	18.88M	27.14M	9.03M	12.46M	18.17M	-770.00K
Balance Sheet
Total Assets	281.01M	292.20M	206.04M	199.88M	217.64M	134.79M
Cash, Cash Equivalents and Short-Term Investments	81.80M	87.84M	61.40M	57.95M	59.79M	34.36M
Total Debt	16.75M	16.97M	19.95M	19.01M	36.74M	12.52M
Total Liabilities	74.66M	80.92M	63.28M	61.48M	92.91M	35.53M
Stockholders Equity	206.35M	210.42M	142.76M	138.40M	124.72M	99.25M
Cash Flow
Free Cash Flow	43.38M	37.57M	23.24M	26.70M	-1.17M	3.60M
Operating Cash Flow	44.45M	38.59M	30.51M	35.57M	1.72M	6.77M
Investing Cash Flow	-6.05M	-10.38M	-19.55M	-21.03M	12.44M	-984.00K
Financing Cash Flow	-11.50M	-7.67M	-2.00M	-21.39M	5.50M	2.22M

Furniweb Holdings Limited Technical Analysis

Technical Analysis SentimentNegative

Last Price0.12

Price Trends

50DMA0.13Negative

100DMA0.15Negative

200DMA0.15Negative

Market Momentum

MACD-0.00Negative

RSI39.12Neutral

STOCH-4.17Positive

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For HK:8480, the sentiment is Negative. The current price of 0.12 is equal to the 20-day moving average (MA) of 0.12, below the 50-day MA of 0.13, and below the 200-day MA of 0.15, indicating a bearish trend. The MACD of -0.00 indicates Negative momentum. The RSI at 39.12 is Neutral, neither overbought nor oversold. The STOCH value of -4.17 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for HK:8480.

Furniweb Holdings Limited Peers Comparison

Overall Rating

UnderperformOutperform

Sector (55)

Financial Indicators

HK:8480 against its peers
Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
HK:8480	81Outperform	HKD 114.49M	3.11	9.06%	8.06%	3.64%	1.05%
HK:0146	75Outperform	HKD 350.11M	7.41	9.40%	7.27%	5.66%	6.25%
Sector *	55Neutral	$6.65B	3.83	-15.92%	6.20%	10.91%	7.18%
HK:1682	55Neutral	HKD 198.05M	-74.12	-1.19%	―	1.30%	-212.50%
HK:3778	54Neutral	HKD 355.67M	21.23	2.16%	5.28%	-11.28%	―
HK:0048	48Neutral	HKD 197.00M	-4.04	-11.47%	―	-49.50%	-125.49%
HK:2223	46Neutral	HKD 126.49M	-15.57	-2.17%	―	-3.14%	40.35%

* General Sector Average

Performance Comparison

HK:8480 and its peers over the selected period
Ticker	Company Name	Price	Change	% Change
HK:8480	Furniweb Holdings Limited	0.12	-0.05	-29.94%
HK:0146	Tai Ping Carpets International	1.65	-0.01	-0.60%
HK:1682	Hang Pin Living Technology Company Limited	0.13	-0.01	-5.26%
HK:2223	Casablanca Group Ltd.	0.49	-0.29	-37.18%
HK:3778	China Weaving Materials Holdings Ltd.	2.84	-0.16	-5.33%
HK:0048	China Automotive Interior Decoration Holdings Limited	0.45	0.31	230.88%

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.

Date of analysis: Sep 22, 2026

Furniweb Holdings Limited AI Stock Analysis