Helens International Holdings Company Limited (9869) AI Stock Analysis

• Market Cap: HK$1.29B
• Dividend Yield: 23.93%
• Average Volume (3M): 1.56M
• Price to Earnings (P/E): ―
• Beta (1Y): 2.58
• Revenue Growth: -36.08%
• EPS Growth: -206.05%
• Country: HK
• Employees: 678
• Sector: Consumer Cyclical
• Sector Strength: 84
• Industry: Restaurants
• EPS (TTM): 0.04
• Shares Outstanding: 1,265,477,500
• 10 Day Avg. Volume: 1,863,700
• 30 Day Avg. Volume: 1,559,458
• PEG Ratio: 0.27
• Price to Book (P/B): 2.68
• Price to Sales (P/S): 3.99
• P/FCF Ratio: 19.07
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0

• Rating: 51 Neutral
• Price Target: HK$1.00 ▼(-4.76% Downside)

Helens International Holdings is currently facing significant challenges, primarily driven by declining revenues and persistent losses. The technical analysis suggests bearish momentum, with the stock trading below key moving averages. Despite a high dividend yield, the negative P/E ratio reflects ongoing profitability issues. The stable balance sheet and positive cash flow generation are positive aspects, but operational improvements are necessary for long-term sustainability.

Helens International Holdings Company Limited Business Overview & Revenue Model

Company Description

Helens International Holdings Company Limited (9869) operates primarily in the hospitality sector, focusing on the management and operation of a chain of bars and pubs. The company is known for creating a lively and welcoming atmosphere at its establishments, which are targeted at young urban consumers looking for social and entertainment venues. Helens International has established a strong brand presence with its distinct thematic settings and competitive pricing, appealing to a broad demographic across various regions.

How the Company Makes Money

Helens International Holdings Company Limited generates revenue through the operation of its bars and pubs, primarily by selling beverages and food. The company's revenue model is centered on high customer footfall and turnover, driven by its strategic locations and attractive pricing. A significant portion of its earnings comes from the sale of alcoholic beverages, which are complemented by a range of snack and meal offerings that enhance the overall customer experience. Additionally, Helens International may engage in partnerships with beverage suppliers and sponsors, which can provide additional revenue streams or cost advantages. The company's ability to maintain a consistent brand experience across its locations helps in building customer loyalty and repeat business, further contributing to its financial performance.

Helens International Holdings Company Limited Financial Statement Overview

Summary

Helens International Holdings is facing significant financial challenges, including declining revenues, profitability, and equity. Despite an improved debt-to-equity ratio, cash flow volatility and a lack of profitability highlight underlying operational challenges.

Income Statement

The company has experienced a significant decline in revenue and profitability over the years. Gross profit margin declined from 45.7% in 2019 to 30.2% in 2024. The net profit margin also turned negative in recent years, with a net loss being reported in 2024. Revenue growth has been negative, with a significant drop from 2022 to 2024. These factors indicate financial stress and operational inefficiencies.

Balance Sheet

The balance sheet shows a decreasing equity base, with stockholders' equity declining from 2019 to 2024. However, the debt-to-equity ratio improved significantly from 4.4 in 2019 to 0.13 in 2024, thanks to reduced debt levels. Despite this positive leverage trend, the overall financial stability remains pressured by declining equity and asset base.

Cash Flow

Cash flow performance has been weak, with no free cash flow reported in 2024. The operating cash flow has been volatile, and free cash flow turned negative between 2020 and 2023. While the cash position was strengthened in 2023, the lack of positive free cash flow in 2024 raises concerns about liquidity management.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	603.71M	752.21M	1.21B	1.56B	1.84B	817.95M
Gross Profit	166.83M	274.29M	489.91M	525.37M	801.46M	367.63M
EBITDA	31.25M	75.53M	379.35M	-1.06B	198.40M	262.94M
Net Income	-97.32M	-77.98M	180.50M	-1.60B	-230.00M	70.07M
Balance Sheet
Total Assets	1.26B	1.38B	2.16B	2.68B	4.29B	859.94M
Cash, Cash Equivalents and Short-Term Investments	715.68M	803.63M	1.28B	1.30B	1.63B	24.25M
Total Debt	155.77M	145.43M	255.67M	741.00M	1.25B	587.38M
Total Liabilities	260.17M	257.18M	343.58M	853.90M	1.41B	699.70M
Stockholders Equity	997.80M	1.12B	1.82B	1.82B	2.88B	160.24M
Cash Flow
Free Cash Flow	198.24M	157.32M	229.46M	-228.28M	-626.93M	139.68M
Operating Cash Flow	204.58M	165.53M	275.02M	142.89M	366.59M	245.85M
Investing Cash Flow	634.81M	33.96M	-437.16M	-356.00M	-994.09M	-109.87M
Financing Cash Flow	-411.91M	-696.90M	-323.15M	-220.21M	2.24B	-134.00M

Helens International Holdings Company Limited Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 1.05
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Positive
• RSI: Positive
• STOCH: Positive

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For HK:9869, the sentiment is Negative. The current price of 1.05 is below the 20-day moving average (MA) of 1.13, below the 50-day MA of 1.21, and below the 200-day MA of 1.42, indicating a bearish trend. The MACD of -0.06 indicates Positive momentum. The RSI at 23.51 is Positive, neither overbought nor oversold. The STOCH value of 10.32 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for HK:9869.

Helens International Holdings Company Limited Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
6811	―	HK$1.10B	12.06	10.47%	5.31%	4.16%	59.08%
Sector *	―	$18.38B	12.79	-2.54%	3.03%	1.52%	-15.83%
0538	―	HK$1.10B	92.66	0.38%	6.40%	0.26%	-73.09%
9869	―	HK$1.29B	―	-7.85%	23.93%	-36.08%	-206.05%
2150	―	HK$2.03B	―	-14.61%	―	-11.19%	-22.98%
1488	―	HK$947.20M	-3.81	―	―	-23.57%	-22.19%

Helens International Holdings Company Limited Corporate Events

Helens International Maintains Stable Share Capital in September 2025

Helens International Holdings Company Limited reported no changes in its authorized share capital for September 2025, maintaining a total of USD 50,000. This stability in share capital suggests a steady operational phase for the company, with no immediate implications for stakeholders or shifts in market positioning.

Helens International Reports Stable Share Capital for August 2025

Helens International Holdings Company Limited submitted a monthly return for equity issuer and Hong Kong Depositary Receipts for August 2025, indicating no change in their authorized or registered share capital. The company’s share capital remained stable at USD 50,000, reflecting no movements in securities, which suggests a period of financial stability or strategic pause in capital adjustments.

Helens International Holdings Expands Bar Network Amid Revenue Decline

Helens International Holdings Company Limited reported a decline in revenue and profit for the first half of 2025 compared to the same period in 2024. Despite this, the company expanded its bar network, increasing the total number of bars from 560 to 583 by August 2025. The expansion includes the resumption of its self-operated bar plan, aiming to enhance operational performance through new openings and upgrades. This strategic move is expected to gradually expand their self-operated network, potentially improving customer experience and reducing operational costs.

The most recent analyst rating on (HK:9869) stock is a Hold with a HK$1.50 price target. To see the full list of analyst forecasts on Helens International Holdings Company Limited stock, see the HK:9869 Stock Forecast page.

Helens International Announces Interim Dividend for 2025

Helens International Holdings Company Limited has announced an interim dividend of RMB 0.1051 per share for the six months ending June 30, 2025, with payment to be made on September 30, 2025. The dividend will be paid in Hong Kong dollars for Hong Kong shareholders and in Singapore dollars for Singapore shareholders, reflecting the company’s commitment to providing returns to its investors.

The most recent analyst rating on (HK:9869) stock is a Hold with a HK$1.50 price target. To see the full list of analyst forecasts on Helens International Holdings Company Limited stock, see the HK:9869 Stock Forecast page.

Helens International Holdings Announces Changes to Nomination Committee

Helens International Holdings Company Limited, listed on the Hong Kong and Singapore stock exchanges, has announced changes to its Nomination Committee. Effective August 29, 2025, Ms. Cai Wenjun and Mr. Ler Soon Hock Leonard have been appointed to the committee. These changes align with new amendments to the Listing Rules and Corporate Governance Code, aiming to enhance board effectiveness and diversity, thereby strengthening the company’s corporate governance practices.

The most recent analyst rating on (HK:9869) stock is a Hold with a HK$1.50 price target. To see the full list of analyst forecasts on Helens International Holdings Company Limited stock, see the HK:9869 Stock Forecast page.

Helens International Holdings Announces Board Composition and Roles

Helens International Holdings Company Limited announced the composition of its board of directors, including both executive and independent non-executive directors. The announcement also detailed the roles and functions of each director within the company’s board committees, which include the Audit, Remuneration, and Nomination Committees. This update may impact the company’s governance and strategic direction, influencing stakeholder confidence and operational oversight.

The most recent analyst rating on (HK:9869) stock is a Hold with a HK$1.50 price target. To see the full list of analyst forecasts on Helens International Holdings Company Limited stock, see the HK:9869 Stock Forecast page.

Helens International Holdings Schedules Board Meeting for Interim Results

Helens International Holdings Company Limited has announced a board meeting scheduled for August 29, 2025, to consider and approve the interim results for the first half of the year and discuss the potential payment of an interim dividend. This meeting is crucial for stakeholders as it will provide insights into the company’s financial performance and strategic decisions for the upcoming period.

Helens International Maintains Stable Share Capital in July 2025

Helens International Holdings Company Limited reported no change in its authorized or registered share capital for July 2025, maintaining a total of USD 50,000. This stability in share capital suggests a period of operational consistency for the company, with no new capital movements impacting its financial structure or market positioning.