Emperor Watch & Jewellery Limited - 0887.HK

0887.HK Returns vs S&P 500 ⓘ

ticker	1 day return %	1 week return %	1 month return %	3 months return %	6 months return %	1 year return %	3 years return %	5 years return %	10 years return %	maximum return %
0887.HK	0	1.2	6.1	-1.1	8.0	0	-13.4	15.9	-50.7	-62.4
S&P 500	0.9	0.9	2.0	3.4	8.7	24.7	37.2	82.1	193.2	34153.9

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Returns Charts ⓘ

Interactive Price Chart

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Real-time Full Quote

Attribute	Value
symbol	0887.HK
name	Emperor Watch & Jewellery Limited
price	0.175
changes percentage	0
change	0
day low	0.165
day high	0.175
year high	0.204
year low	0.145
market cap	1186405500
price avg 50	0.17046
price avg 200	0.169895
exchange	HKSE
volume	2220000
avg volume	1946138
open	0.173
previous close	0.175
eps	0.04
pe	4.38
earnings announcement	2025-03-17T10:59:00.000+0000
shares outstanding	6779460000
timestamp	2025-01-22 07:59:09

Financial Statements ⓘ

We derive the score of a company's financial statements by evaluating the weighted average sentiment across key within the statements. The cumulative score, normalized to a sum of 1, serves as a metric for assessing the company's performance during the specified period. A higher score indicates stronger performance. However, it's crucial to note that while this score provides valuable insights, it is just one of many factors to consider when making informed investment decisions. A holistic evaluation, considering various aspects of the company's financial health and market conditions, is essential for a well-rounded investment strategy.

Overall Annual Financial Health: 62.3%

Overall Quarterly Financial Health: 72.3%

Income Statements ⓘ

• Annual Income Statement

Note: The years below are fiscal years in accounting.

	2023	2022	Y/Y change %
0000000000
revenue	4823223000	3684261000	30.91
gross profit	1450281000	1177262000	23.19
gross profit ratio	0.3	0.32	-5.90
research and development expenses	0	0	NaN
operating expenses	1070762000	881134000	21.52
interest income	14595000	7984000	82.80
interest expense	10228000	6896000	48.32
ebitda	773984000	637976000	21.32
ebitdaratio	0.16	0.17	-7.70
operating income	379519000	286681000	32.38
operating income ratio	0.08	0.08	1.12
net income	299219000	222125000	34.71
net income ratio	0.06	0.06	2.90
eps	0.04	0.03	34.45

Overall Score of Annual Income Statement

1.0 out of 1

Detailed Analysis

• 📈 Positive Indicators

  Revenue Growth: revenue increased to 4,823 million in 2023 from 3,684 million in 2022 representing a change of 30.91%. This indicates a sales growth, which is a positive sign for the company.

  Gross Profit: Gross Profit increased to 1,450 million in 2023 from 1,177 million in 2022 representing a change of 23.19%. This indicates a sales profitability growth, which is a positive sign for the company.

  Operating Expenses: Operating Expenses decreased to 1,071 million in 2023 from 881 million in 2022 representing a change of 21.52%. The decrease in operating expenses can be attributed to various factors such as improved profitability, cost optimization and financial stability, lower operating expenses can be positive indicators.

  EBITDA: EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization) increased to 774 million in 2023 from 638 million in 2022 representing a change of 21.32%. The increase in EBITDA indicates improved operational efficiency and profitability.

  Operating Income: Operating income increased to 380 million in 2023 from 287 million in 2022 representing a change of 32.38%. The increase in operating income indicates better operational performance and increased profitability.

  Net Income: Net income increased to 299 million in 2023 from 222 million in 2022 representing a change of 34.71%. The increase in net income shows improved profitability and indicates that the company is generating more profit for each dollar of revenue.

  Earnings per Share (EPS): EPS increased to 0.04 in 2023 from 0.04 in 2022 representing a change of 34.45%. This indicates that the company's earnings are increasing and it is becoming more profitable on a per-share basis.

• Quarterly Income Statement

Note: The years below are fiscal years in accounting.

	2024Q2	2023Q4	Q/Q change %
0000000000
revenue	2597314000	2493302000	4.17
gross profit	780195000	724964000	7.62
gross profit ratio	0.3	0.29	3.31
research and development expenses	0	0	NaN
operating expenses	552336000	576998000	-4.27
interest income	0	0	NaN
interest expense	12258000	6386000	91.95
ebitda	439137000	369060000	18.99
ebitdaratio	0.17	0.15	14.66
operating income	227859000	147966000	53.99
operating income ratio	0.09	0.06	47.83
net income	184708000	113300000	63.03
net income ratio	0.07	0.05	56.50
eps	0.03	0.02	62.87

Overall Score of Quarterly Income Statement

1.0 out of 1

Detailed Analysis

• 📈 Positive Indicators

  Revenue Growth: revenue increased to 2,597 million in 2024Q2 from 2,493 million in 2023Q4 representing a change of 4.17%. This indicates a sales growth, which is a positive sign for the company.

  Gross Profit: Gross Profit increased to 780 million in 2024Q2 from 725 million in 2023Q4 representing a change of 7.62%. This indicates a sales profitability growth, which is a positive sign for the company.

  Operating Expenses: Operating Expenses decreased to 552 million in 2024Q2 from 577 million in 2023Q4 representing a change of -4.27%. The decrease in operating expenses can be attributed to various factors such as improved profitability, cost optimization and financial stability, lower operating expenses can be positive indicators.

  EBITDA: EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization) increased to 439 million in 2024Q2 from 369 million in 2023Q4 representing a change of 18.99%. The increase in EBITDA indicates improved operational efficiency and profitability.

  Operating Income: Operating income increased to 228 million in 2024Q2 from 148 million in 2023Q4 representing a change of 53.99%. The increase in operating income indicates better operational performance and increased profitability.

  Net Income: Net income increased to 185 million in 2024Q2 from 113 million in 2023Q4 representing a change of 63.03%. The increase in net income shows improved profitability and indicates that the company is generating more profit for each dollar of revenue.

  Earnings per Share (EPS): EPS increased to 0.03 in 2024Q2 from 0.03 in 2023Q4 representing a change of 62.87%. This indicates that the company's earnings are increasing and it is becoming more profitable on a per-share basis.

Balance Sheets ⓘ

• Annual Balance Sheet

Note: The years below are fiscal years in accounting.

	2023	2022	Y/Y change %
0000000000
total assets	5708364000	5381829000	6.07
total liabilities	661676000	536770000	23.27
total equity	5046688000	4845059000	4.16
cash and cash equivalents	458750000	664392000	-30.95
short term investments	160898000	198200000	-18.82
long term investments	0	0	NaN
total current assets	3859148000	3505902000	10.08
total non current assets	1849216000	1875927000	-1.42
total current liabilities	531094000	433472000	22.52
total non current liabilities	130582000	103298000	26.41
common stock	3484152000	3484152000	0.00
retained earnings	1620128000	1414466000	14.54
total debt	304627000	300100000	1.51

Overall Score of Annual Balance Sheet

0.44 out of 1

Detailed Analysis

• 📈 Positive Indicators

  Total Assets: Total Assets increased to 5,708 million in 2023 from 5,382 million in 2022 representing a change of 6.07%. Suggesting a growth in asset holdings.

  Total Equity: Total Equity increased to 5,047 million in 2023 from 4,845 million in 2022 representing a change of 4.16%. This indicates an increase in shareholders' equity.

  Total Current Assets: Total Current Assets increased to 3,859 million in 2023 from 3,506 million in 2022 representing a change of 10.08%. This indicates a better liquidity position.

  Retained Earnings: Retained Earnings increased to 1,620 million in 2023 from 1,414 million in 2022 representing a change of 14.54%. This indicates an accumulated profits.

• 📉 Negative Indicators

  Total Liabilities: Total Liabilities increased to 662 million in 2023 from 537 million in 2022 representing a change of 23.27%. This indicates an increase in overall liabilities.

  Cash And Cash Equivalents: Cash And Cash Equivalents decreased to 459 million in 2023 from 664 million in 2022 representing a change of -30.95%. This indicates a decrease in available liquid assets.

  Short Term Investments: Short Term Investments decreased to 161 million in 2023 from 198 million in 2022 representing a change of -18.82%. This indicates a decrease in short-term investment holdings.

  Total Current Liabilities: Total Current Liabilities increased to 531 million in 2023 from 433 million in 2022 representing a change of 22.52%. This indicates a higher short-term debt burden.

  Total Debt: Total Debt increased to 305 million in 2023 from 300 million in 2022 representing a change of 1.51%. This indicates an increase in overall debt burden.

• Quarterly Balance Sheet

Note: The years below are fiscal years in accounting.

	2024Q2	2023Q4	Q/Q change %
0000000000
total assets	5941850000	5708364000	4.09
total liabilities	754939000	661676000	14.09
total equity	5186911000	5046688000	2.78
cash and cash equivalents	688720000	458750000	50.13
short term investments	44426000	160898000	-72.39
long term investments	0	0	NaN
total current assets	3980670000	3859148000	3.15
total non current assets	1961180000	1849215999	6.05
total current liabilities	525544999	531094000	-1.04
total non current liabilities	229394000	130582000	75.67
common stock	3484152000	3484152000	0.00
retained earnings	1766871000	1620128000	9.06
total debt	452580000	304627000	48.57

Overall Score of Quarterly Balance Sheet

0.67 out of 1

Detailed Analysis

• 📈 Positive Indicators

  Total Assets: Total Assets increased to 5,942 million in 2024Q2 from 5,708 million in 2023Q4 representing a change of 4.09%. Suggesting a growth in asset holdings.

  Total Equity: Total Equity increased to 5,187 million in 2024Q2 from 5,047 million in 2023Q4 representing a change of 2.78%. This indicates an increase in shareholders' equity.

  Cash And Cash Equivalents: Cash And Cash Equivalents increased to 689 million in 2024Q2 from 459 million in 2023Q4 representing a change of 50.13%. This indicates an increase in available liquid assets.

  Total Current Assets: Total Current Assets increased to 3,981 million in 2024Q2 from 3,859 million in 2023Q4 representing a change of 3.15%. This indicates a better liquidity position.

  Total Current Liabilities: Total Current Liabilities decreased to 526 million in 2024Q2 from 531 million in 2023Q4 representing a change of -1.04%. This indicates a lower short-term debt burden.

  Retained Earnings: Retained Earnings increased to 1,767 million in 2024Q2 from 1,620 million in 2023Q4 representing a change of 9.06%. This indicates an accumulated profits.

• 📉 Negative Indicators

  Total Liabilities: Total Liabilities increased to 755 million in 2024Q2 from 662 million in 2023Q4 representing a change of 14.09%. This indicates an increase in overall liabilities.

  Short Term Investments: Short Term Investments decreased to 44 million in 2024Q2 from 161 million in 2023Q4 representing a change of -72.39%. This indicates a decrease in short-term investment holdings.

  Total Debt: Total Debt increased to 453 million in 2024Q2 from 305 million in 2023Q4 representing a change of 48.57%. This indicates an increase in overall debt burden.

Cashflow Statements ⓘ

• Annual Cashflow Statement

Note: The years below are fiscal years in accounting.

	2023	2022	Y/Y change %
0000000000
net change in cash	-7442000	-90152000	91.75
operating cash flow	403594000	605575000	-33.35
free cash flow	301693000	568343000	-46.92
capital expenditure	-101901000	-37232000	-173.69
depreciation and amortization	396024000	353836000	11.92
deferred income tax	0	0	NaN
stock based compensation	0	0	NaN
accounts payables	104500000	12249000	753.13
inventory	-361670000	-27673000	-1206.94
acquisitions net	0	3000	-100.00
investments in property plant and equipment	-101901000	-37232000	-173.69
net cash used for investing activites	-66484000	-220438000	69.84
debt repayment	0	-165452000	100.00
common stock issued	0	0	NaN
common stock repurchased	0	0	NaN
dividends paid	-93557000	-49490000	-89.04
net cash used provided by financing activities	-344382000	-466266000	26.14
cash at end of period	458750000	466192000	-1.60
accounts receivables	-41332000	24537000	-268.45
cash at beginning of period	466192000	556344000	-16.20

Overall Score of Annual Cashflow Statement

0.43 out of 1

Detailed Analysis

• 📈 Positive Indicators

  Net Change in Cash: Net Change in Cash increased to -7 million in 2023 from -90 million in 2022 representing a change of 91.75%. Indicating an increased ability to generate cash from the company's operations or its cash flow position.

  Capital Expenditure: Capital Expenditure decreased to -102 million in 2023 from -37 million in 2022 representing a change of -173.69%. This indicates a possible improved efficiency or a shift in the company's strategic priorities.

  Accounts Receivables: Accounts Receivables decreased to -41 million in 2023 from 25 million in 2022 representing a change of -268.45%. This suggests that the company has been able to collect payments from its customers more efficiently and timely.

• 📉 Negative Indicators

  Operating Cash Flow: Operating Cash Flow decreased to 404 million in 2023 from 606 million in 2022 representing a change of -33.35%. This indicates that the company generated less cash from its core business operations.

  Free Cash Flow: Free Cash Flow decreased to 302 million in 2023 from 568 million in 2022 representing a change of -46.92%. This indicates a decrease in cash generated after accounting for capital expenditures.

  Accounts Payables: The absolute value of Accounts Payables increased to 104 million in 2023 from 12 million in 2022 representing a change of 753.13%. This indicates that the company has increased its outstanding obligations to its suppliers.

  Dividends Paid: Dividends Paid decreased to -94 million in 2023 from -49 million in 2022 representing a change of -89.04%. This indicates a weaker financial position, less confidence in future prospects, and a reluctance to return value to shareholders.

• Quarterly Cashflow Statement

Note: The years below are fiscal years in accounting.

	2023Q4	2023Q2	Q/Q change %
0000000000
operating cash flow	34598000	368996000	-90.62
free cash flow	-67303000	368996000	-118.24
capital expenditure	-101901000	0	NaN
depreciation and amortization	219681000	176343000	24.58
deferred income tax	0	0	NaN
stock based compensation	0	0	NaN
accounts receivables	-41317000	0	NaN
accounts payables	0	0	NaN
inventory	-361670000	0	NaN
acquisitions net	0	0	NaN
investments in property plant and equipment	-101901000	0	NaN
net cash used for investing activites	151288000	-217772000	169.47
debt repayment	0	0	NaN
common stock issued	0	0	NaN
common stock repurchased	0	0	NaN
dividends paid	-51524000	-42033000	-22.58
net cash used provided by financing activities	-181826000	-162556000	-11.85
net change in cash	3412000	-10854000	131.44
cash at end of period	458750000	455338000	0.75
cash at beginning of period	455338000	466192000	-2.33

Overall Score of Quarterly Cashflow Statement

0.5 out of 1

Detailed Analysis

• 📈 Positive Indicators

  Net Change in Cash: Net Change in Cash increased to 3 million in 2023Q4 from -11 million in 2023Q2 representing a change of 131.44%. Indicating an increased ability to generate cash from the company's operations or its cash flow position.

  Capital Expenditure: Capital Expenditure decreased to -102 million in 2023Q4 from 0 million in 2023Q2 representing a change of nan%. This indicates a possible improved efficiency or a shift in the company's strategic priorities.

  Accounts Receivables: Accounts Receivables decreased to -41 million in 2023Q4 from 0 million in 2023Q2 representing a change of nan%. This suggests that the company has been able to collect payments from its customers more efficiently and timely.

• 📉 Negative Indicators

  Operating Cash Flow: Operating Cash Flow decreased to 35 million in 2023Q4 from 369 million in 2023Q2 representing a change of -90.62%. This indicates that the company generated less cash from its core business operations.

  Free Cash Flow: Free Cash Flow decreased to -67 million in 2023Q4 from 369 million in 2023Q2 representing a change of -118.24%. This indicates a decrease in cash generated after accounting for capital expenditures.

  Dividends Paid: Dividends Paid decreased to -52 million in 2023Q4 from -42 million in 2023Q2 representing a change of -22.58%. This indicates a weaker financial position, less confidence in future prospects, and a reluctance to return value to shareholders.

Earnings Transcripts ⓘ

No earnings transcripts available.

Earnings Per Share (EPS) ⓘ

Analyst Stock Recommendations ⓘ

Discover detailed analyst recommendations for stocks, including categories such as Buy, Hold, Sell, Strong Buy, and Strong Sell. These insights are based on thorough analysis of financial and market factors. The consensus is calculated by assigning a numerical score to each recommendation. These scores are then weighted and averaged over a specified period to provide a comprehensive view of the stock's outlook, with the final score determining the overall consensus.

Financial Ratios ⓘ

• Annual Financial Ratios

	2023-12-31	2022-12-31	Y/Y change %
FY
calendar year	2023	2022	NaN
revenue per share	0.71	0.54	30.91
net income per share	0.04	0.03	34.71
operating cash flow per share	0.06	0.09	-33.35
free cash flow per share	0.04	0.08	-46.92
cash per share	0.09	0.13	-28.16
book value per share	0.74	0.71	4.16
tangible book value per share	0.74	0.71	4.16
shareholders equity per share	0.74	0.71	4.16
interest debt per share	0.05	0.05	2.56
market cap	1125390049.41	1220302463.22	-7.78
enterprise value	971267049.41	856010463.22	13.46
pe ratio	3.76	5.49	-31.54
price to sales ratio	0.23	0.33	-29.56
pocfratio	2.79	2.02	38.38
pfcf ratio	3.73	2.15	73.73
pb ratio	0.22	0.25	-11.46
ptb ratio	0.22	0.25	-11.46
ev to sales	0.2	0.23	-13.33
enterprise value over ebitda	1.25	1.34	-6.47
ev to operating cash flow	2.41	1.41	70.25
ev to free cash flow	3.22	1.51	113.75
earnings yield	0.27	0.18	46.07
free cash flow yield	0.27	0.47	-42.44
debt to equity	0.06	0.06	-2.55
debt to assets	0.05	0.06	-4.30
net debt to ebitda	-0.2	-0.57	65.13
current ratio	7.27	8.09	-10.16
interest coverage	37.11	41.57	-10.74
income quality	1.35	2.18	-38.25
dividend yield	0.08	0.04	104.99
payout ratio	0.31	0.22	40.34
sales general and administrative to revenue	0.03	0.03	-9.63
research and ddevelopement to revenue	0	0	NaN
intangibles to total assets	0	0	NaN
capex to operating cash flow	0.25	0.06	310.66
capex to revenue	0.02	0.01	109.06
capex to depreciation	0.26	0.11	144.54
stock based compensation to revenue	0	0	NaN
graham number	0.86	0.73	18.45
roic	0.06	0.04	29.29
return on tangible assets	0.05	0.04	27.00
graham net net	0.23	0.25	-8.01
working capital	3328054000	3072430000	8.32
tangible asset value	5046688000	4845059000	4.16
net current asset value	3197472000	2969132000	7.69
invested capital	5085634000	4869599000	4.44
average receivables	36718500	53872500	-31.84
average payables	86712500	51378000	68.77
average inventory	2881847000	2707087500	6.46
days sales outstanding	5.56	0	NaN
days payables outstanding	13.21	7.48	76.64
days of inventory on hand	331.17	393.6	-15.86
receivables turnover	65.68	0	NaN
payables turnover	27.63	48.81	-43.39
inventory turnover	1.1	0.93	18.85
roe	0.06	0.05	29.33
capex per share	0.02	0.01	173.69

• ROE:

• Negative

  PE Ratio: Price-to-Earnings (P/E) Ratio decreased to 3.76 on 2023-12-31 from 5.49 on 2022-12-31, representing a change of -31.54%. Indicating a decrease in the relative valuation of the company's stock.

  Current Ratio: Current Ratio decreased to 7.27 on 2023-12-31 from 8.09 on 2022-12-31, representing a change of -10.16%. The current ratio has been declining, suggesting a decrease in the company's short-term liquidity. Since it's above 3, indicating poor management of working capital.

• Positive

  Debt-to-Equity Ratio: Debt-to-Equity Ratio decreased to 0.06 on 2023-12-31 from 0.06 on 2022-12-31, representing a change of -2.55%. The debt-to-equity ratio has been decreasing, indicating that the company has been relying less on debt financing. A ratio of 1 or below is often considered healthy and indicates that the company's total debt is equal to or less than its total equity.

• Quarterly Financial Ratios

	2024-06-30 Q2	2023-12-31 Q4	Q/Q change %
0887.HK
calendar year	2024	2023	NaN
revenue per share	0.38	0.37	4.17
net income per share	0.03	0.02	63.03
operating cash flow per share	None	0.01	NaN
free cash flow per share	None	-0.01	NaN
cash per share	0.11	0.09	18.32
book value per share	0.77	0.74	2.78
tangible book value per share	0.77	0.74	2.78
shareholders equity per share	0.77	0.74	2.78
interest debt per share	0.07	0.05	49.46
market cap	1145728423.8	1125390049.41	1.81
enterprise value	909588423.8	971267049.41	-6.35
pe ratio	1.55	2.48	-37.55
price to sales ratio	0.44	0.45	-2.27
pocfratio	0	32.53	-100.00
pfcf ratio	0	-16.72	100.00
pb ratio	0.22	0.22	-0.95
ptb ratio	0.22	0.22	-0.95
ev to sales	0.35	0.39	-10.10
enterprise value over ebitda	2.07	2.63	-21.29
ev to operating cash flow	0	28.07	-100.00
ev to free cash flow	0	-14.43	100.00
earnings yield	0.16	0.1	60.13
free cash flow yield	None	-0.06	NaN
debt to equity	0.09	0.06	44.55
debt to assets	0.08	0.05	42.73
net debt to ebitda	-0.54	-0.42	-28.77
current ratio	7.57	7.27	4.24
interest coverage	18.59	23.17	-19.77
income quality	0	0.31	-100.00
dividend yield	None	0.05	NaN
payout ratio	None	0.45	NaN
sales general and administrative to revenue	0	0.03	-100.00
research and ddevelopement to revenue	0	0	NaN
intangibles to total assets	0	0	NaN
capex to operating cash flow	0	2.95	-100.00
capex to revenue	None	0.04	NaN
capex to depreciation	0	0.46	-100.00
stock based compensation to revenue	None	0	NaN
graham number	0.68	0.53	29.44
roic	0.03	0.02	52.54
return on tangible assets	0.03	0.02	56.62
graham net net	0.24	0.23	2.39
working capital	3455125001	3328054000	3.82
tangible asset value	5186911000	5046688000	2.78
net current asset value	3225731000	3197472000	0.88
invested capital	5325897001	5085634000	4.72
average receivables	66632500	71028000	-6.19
average payables	90846000	96896000	-6.24
average inventory	3117904500	2914458500	6.98
days sales outstanding	2.07	2.65	-21.79
days payables outstanding	2.95	6.21	-52.46
days of inventory on hand	155.77	157.3	-0.97
receivables turnover	43.41	33.95	27.87
payables turnover	30.47	14.49	110.35
inventory turnover	0.58	0.57	0.98
roe	0.04	0.02	58.62
capex per share	None	0.02	NaN

• Negative

  ROE: Return on Equity (ROE) increased to 0.04 on 2024-06-30 Q2 from 0.02 on 2023-12-31 Q4, representing a change of 58.62%. However, ROE is <= 5%, suggesting that the company has not been generating high returns for its shareholders.

  PE Ratio: Price-to-Earnings (P/E) Ratio decreased to 1.55 on 2024-06-30 Q2 from 2.48 on 2023-12-31 Q4, representing a change of -37.55%. Indicating a decrease in the relative valuation of the company's stock.

  Current Ratio: Current Ratio increased to 7.57 on 2024-06-30 Q2 from 7.27 on 2023-12-31 Q4, representing a change of 4.24%. The current ratio has been increasing, suggesting an increase in the company's short-term liquidity. Since it's above 3, indicating poor management of working capital.

• Neutral

  Debt-to-Equity Ratio: Debt-to-Equity Ratio increased to 0.09 on 2024-06-30 Q2 from 0.06 on 2023-12-31 Q4, representing a change of 44.55%. The debt-to-equity ratio has been increasing, indicating that the company has been relying more on debt financing. Higher leverage may increase financial risk. However, a ratio of 1 or below is often considered healthy and indicates that the company's total debt is equal to or less than its total equity.

Growth Rates ⓘ

• Annual Growth

• Quarterly Growth

Intrinsic Value (Discounted Cash Flow) ⓘ

None