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Combine Will International Holdings Limited (N0Z) AI Stock Analysis
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Combine Will International Holdings Limited
(SGX:N0Z)
Weak financial performance from thin margins and unreliable cash flow, combined with bearish technical momentum, are the main factors capping the score. Attractive valuation provides partial support.
Combine Will International Holdings Limited (N0Z) vs. iShares MSCI Singapore ETF (EWS)
- Market Cap
- SGD 34.91M
- Dividend Yield
- 4.63%
- Average Volume (3M)
- 7,940
- Price to Earnings (P/E)
- 5.5
- Beta (1Y)
- -0.01
- Revenue Growth
- -3.42%
- EPS Growth
- -8.41%
- Country
- Singapore
- Employees
- 10,000
- Sector
- Consumer Cyclical
- Sector Strength
- 61
- Industry
- Leisure
Combine Will International Holdings Limited Business Overview & Revenue Model
Company Description
As an investment holding company, Combine Will International Holdings Limited conducts global operations as an original design manufacturer (ODM), original equipment manufacturer (OEM), and a supplier of corporate promotional merchandise, toys, and v...
Combine Will International Holdings Limited Financial Statement Overview
Summary
Thin margins, rising debt-to-equity at 0.79, and volatile cash flows with negative free cash flow limit financial strength despite prior revenue growth.
Income Statement
52NeutralBalance Sheet
43NeutralCash Flow
38Negative| Breakdown | TTM | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 1.68B | 1.84B | 1.47B | 1.11B | 1.34B | 197.17M |
| Gross Profit | 183.69M | 191.44M | 153.80M | 128.45M | 24.33M | 15.67M |
| EBITDA | 197.15M | 174.80M | 198.30M | 178.12M | 179.24M | 148.10M |
| Net Income | 38.33M | 37.67M | 45.73M | 42.53M | 42.76M | 40.81M |
Balance Sheet | ||||||
| Total Assets | 1.78B | 1.92B | 1.61B | 1.43B | 265.08M | 286.31M |
| Cash, Cash Equivalents and Short-Term Investments | 60.11M | 151.71M | 202.06M | 248.71M | 252.99M | 195.54M |
| Total Debt | 631.11M | 632.53M | 433.87M | 352.37M | 387.78M | 459.08M |
| Total Liabilities | 969.68M | 1.12B | 861.65M | 684.87M | 141.33M | 157.62M |
| Stockholders Equity | 799.96M | 789.09M | 746.45M | 742.68M | 720.15M | 744.17M |
Cash Flow | ||||||
| Free Cash Flow | -42.58M | -217.79M | -51.94M | 42.26M | 33.08M | 17.05M |
| Operating Cash Flow | 66.83M | -76.28M | 58.52M | 135.27M | 50.18M | 42.45M |
| Investing Cash Flow | -130.57M | -136.67M | -153.63M | -88.47M | -91.45M | -142.82M |
| Financing Cash Flow | 15.28M | 162.58M | 73.27M | -51.38M | -87.11M | -63.50M |
Combine Will International Holdings Limited Technical Analysis
Price Trends
Market Momentum
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For SG:N0Z, the sentiment is Negative. The current price of 1.08 is below the 20-day moving average (MA) of 1.13, below the 50-day MA of 1.16, and below the 200-day MA of 1.18, indicating a bearish trend. The MACD of -0.03 indicates Positive momentum. The RSI at 20.63 is Positive, neither overbought nor oversold. The STOCH value of 3.75 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for SG:N0Z.
Combine Will International Holdings Limited Peers Comparison
Overall Rating
SG:AGS73Outperform
SG:42L68Neutral
SG:A3059Neutral- SG:N0Z53Neutral
Financial Indicators
| Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
| SG:AGS | 73Outperform | SGD 1.66B | 9.21 | 17.57% | 2.33% | 15.08% | 32.76% |
| SG:42L | 68Neutral | SGD 106.85M | 4.72 | 14.92% | 1.40% | 59.15% | 80.80% |
| Sector * | 61Neutral | $18.38B | 12.79 | -2.54% | 3.03% | 1.52% | -15.83% |
| SG:A30 | 59Neutral | SGD 352.73M | 11.23 | 7.71% | 3.87% | 22.58% | 54.44% |
| SG:N0Z | 53Neutral | SGD 34.91M | 5.52 | 4.82% | 4.63% | -3.42% | -8.41% |
* Consumer Cyclical Sector Average
Performance Comparison
| Show on chart | Ticker | Company Name | Price | Change | % Change |
|---|---|---|---|---|---|
| SG:N0Z | Combine Will International Holdings Limited | 1.08 | -0.22 | -17.24% | |
| SG:42L | Taka Jewellery Holdings Ltd. | 0.19 | 0.05 | 34.51% | |
| SG:A30 | Aspial Corporation Limited | 0.15 | 0.05 | 47.62% | |
| SG:AGS | Hour Glass Ltd. | 2.58 | 0.56 | 27.66% | |
| SG:C41 | Cortina Holdings Limited | 4.08 | 0.81 | 24.77% | |
| SG:O9E | Parkson Retail Asia Limited | 0.09 | -0.04 | -30.40% |
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 15, 2026