Walnut Capital Limited - 0905.HK

0905.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 %
0905.HK	-8.3	3.8	-17.9	15.1	43.2	93.7	141.9	235.4	-82.5	-97.2
S&P 500	0.6	1.5	2.6	4.0	9.4	25.5	38.0	83.2	195.0	34363.6

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Returns Charts ⓘ

Interactive Price Chart

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Real-time Full Quote

Attribute	Value
symbol	0905.HK
name	Walnut Capital Limited
price	0.275
changes percentage	-8.3333
change	-0.025
day low	0.275
day high	0.36
year high	0.47
year low	0.12
market cap	288887500
price avg 50	0.29202
price avg 200	0.243894
exchange	HKSE
volume	11808000
avg volume	287354
open	0.33
previous close	0.3
eps	-0.04
pe	-6.87
earnings announcement	2025-06-20T15:00:00.000+0000
shares outstanding	1050500000
timestamp	2025-01-22 08:08:32

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: 17.7%

Overall Quarterly Financial Health: 52.7%

Income Statements ⓘ

• Annual Income Statement

Note: The years below are fiscal years in accounting.

	2023	2022	Y/Y change %
0000000000
revenue	-1508000	757000	-299.21
gross profit	-1606000	91000	-1864.84
gross profit ratio	1.06	0.12	785.93
research and development expenses	0	4.74	-100.00
operating expenses	165000	18394000	-99.10
interest income	0	763000	-100.00
interest expense	202000	763000	-73.53
ebitda	-24998000	-116999000	78.63
ebitdaratio	16.58	-23.07	171.87
operating income	-13060000	-17564000	25.64
operating income ratio	8.66	-23.2	137.33
net income	-25294000	-215745000	88.28
net income ratio	16.77	-285	105.89
eps	-0.03	-0.31	89.81

Overall Score of Annual Income Statement

None

Detailed Analysis

• Quarterly Income Statement

Note: The years below are fiscal years in accounting.

	2024Q2	2023Q4	Q/Q change %
0000000000
revenue	166000	1000	16500.00
gross profit	166000	-46000	460.87
gross profit ratio	1	-46	102.17
research and development expenses	0	0	NaN
operating expenses	7291000	7130999	2.24
interest income	0	0	NaN
interest expense	0	101000	-100.00
ebitda	-6721000	-14216000	52.72
ebitdaratio	-40.49	-14216	99.72
operating income	-7125000	-14262000	50.04
operating income ratio	-42.92	-14262	99.70
net income	-18650000	-14363000	-29.85
net income ratio	-112.35	-14363	99.22
eps	-0.02	-0.02	-26.26

Overall Score of Quarterly Income Statement

0.83 out of 1

Detailed Analysis

• 📈 Positive Indicators

  Revenue Growth: revenue increased to 0 million in 2024Q2 from 0 million in 2023Q4 representing a change of 16500.0%. This indicates a sales growth, which is a positive sign for the company.

  Gross Profit: Gross Profit increased to 0 million in 2024Q2 from 0 million in 2023Q4 representing a change of 460.87%. This indicates a sales profitability growth, which is a positive sign for the company.

  EBITDA: EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization) increased to -7 million in 2024Q2 from -14 million in 2023Q4 representing a change of 52.72%. The increase in EBITDA indicates improved operational efficiency and profitability.

  Operating Income: Operating income increased to -7 million in 2024Q2 from -14 million in 2023Q4 representing a change of 50.04%. The increase in operating income indicates better operational performance and increased profitability.

  Net Income: Net income increased to -19 million in 2024Q2 from -14 million in 2023Q4 representing a change of -29.85%. The increase in net income shows improved profitability and indicates that the company is generating more profit for each dollar of revenue.

• 📉 Negative Indicators

  Operating Expenses: Operating Expenses increased to 7 million in 2024Q2 from 7 million in 2023Q4 representing a change of 2.24%. The increase in operating expenses can be attributed to various factors such as marketing, administrative costs, and investments in infrastructure. It's important to monitor if these expenses are growing at a sustainable rate compared to revenue.

Balance Sheets ⓘ

• Annual Balance Sheet

Note: The years below are fiscal years in accounting.

	2023	2022	Y/Y change %
0000000000
total assets	83734000	109311000	-23.40
total liabilities	11851000	12134000	-2.33
total equity	71883000	97177000	-26.03
cash and cash equivalents	1595000	2120000	-24.76
short term investments	73828000	98679000	-25.18
long term investments	0	686000	-100.00
total current assets	76506000	101987000	-24.98
total non current assets	7228000	7324000	-1.31
total current liabilities	11851000	12134000	-2.33
total non current liabilities	0	10515000	-100.00
common stock	7003000	7003000	0.00
retained earnings	-772997000	-747703000	-3.38
total debt	10000000	10515000	-4.90

Overall Score of Annual Balance Sheet

0.33 out of 1

Detailed Analysis

• 📉 Negative Indicators

  Total Assets: Total Assets decreased to 84 million in 2023 from 109 million in 2022 representing a change of -23.4%. Suggesting a decrease in asset holdings.

  Total Equity: Total Equity decreased to 72 million in 2023 from 97 million in 2022 representing a change of -26.03%. This indicates a decrease in shareholders' equity.

  Cash And Cash Equivalents: Cash And Cash Equivalents decreased to 2 million in 2023 from 2 million in 2022 representing a change of -24.76%. This indicates a decrease in available liquid assets.

  Short Term Investments: Short Term Investments decreased to 74 million in 2023 from 99 million in 2022 representing a change of -25.18%. This indicates a decrease in short-term investment holdings.

  Total Current Assets: Total Current Assets decreased to 77 million in 2023 from 102 million in 2022 representing a change of -24.98%. This indicates a worsen liquidity position.

  Retained Earnings: Retained Earnings decreased to -773 million in 2023 from -748 million in 2022 representing a change of -3.38%. This indicates an accumulated losses.

• 📈 Positive Indicators

  Total Liabilities: Total Liabilities decreased to 12 million in 2023 from 12 million in 2022 representing a change of -2.33%. This indicates a decrease in overall liabilities.

  Total Current Liabilities: Total Current Liabilities decreased to 12 million in 2023 from 12 million in 2022 representing a change of -2.33%. This indicates a lower short-term debt burden.

  Total Debt: Total Debt decreased to 10 million in 2023 from 11 million in 2022 representing a change of -4.9%. This indicates a reduction in overall debt burden.

• Quarterly Balance Sheet

Note: The years below are fiscal years in accounting.

	2024Q2	2024Q1	Q/Q change %
0000000000
total assets	119762000	119762000	0.0
total liabilities	11152000	11152000	0.0
total equity	108610000	108610000	0.0
cash and cash equivalents	12044000	12044000	0.0
short term investments	99097000	99097000	0.0
long term investments	0	0	NaN
total current assets	112578000	112578000	0.0
total non current assets	7184000	7184000	0.0
total current liabilities	11152000	11152000	0.0
total non current liabilities	0	0	NaN
common stock	10505000	10505000	0.0
retained earnings	-791647000	-791647000	0.0
total debt	10000000	10000000	0.0

Overall Score of Quarterly Balance Sheet

0.5 out of 1

Detailed Analysis

Cashflow Statements ⓘ

• Annual Cashflow Statement

Note: The years below are fiscal years in accounting.

	2023	2022	Y/Y change %
0000000000
net change in cash	-525000	-251000	-109.16
operating cash flow	-1945000	24546000	-107.92
free cash flow	-1945000	24516000	-107.93
capital expenditure	0	-30000	100.00
depreciation and amortization	96000	103000	-6.80
deferred income tax	0	0	NaN
stock based compensation	0	0	NaN
accounts payables	0	0	NaN
inventory	0	0	NaN
acquisitions net	0	0	NaN
investments in property plant and equipment	0	-30000	100.00
net cash used for investing activites	165000	727000	-77.30
debt repayment	-515000	-25324000	97.97
common stock issued	0	0	NaN
common stock repurchased	0	0	NaN
dividends paid	0	0	NaN
net cash used provided by financing activities	1255000	-25524000	104.92
cash at end of period	1595000	2120000	-24.76
accounts receivables	-243000	194000	-225.26
cash at beginning of period	2120000	2371000	-10.59

Overall Score of Annual Cashflow Statement

0.2 out of 1

Detailed Analysis

• 📉 Negative Indicators

  Net Change in Cash: Net Change in Cash decreased to -1 million in 2023 from 0 million in 2022 representing a change of -109.16%. Indicating a declined ability to generate cash from the company's operations or its cash flow position.

  Operating Cash Flow: Operating Cash Flow decreased to -2 million in 2023 from 25 million in 2022 representing a change of -107.92%. This indicates that the company generated less cash from its core business operations.

  Free Cash Flow: Free Cash Flow decreased to -2 million in 2023 from 25 million in 2022 representing a change of -107.93%. This indicates a decrease in cash generated after accounting for capital expenditures.

  Capital Expenditure: Capital Expenditure increased to 0 million in 2023 from 0 million in 2022 representing a change of 100.0%. This indicates an increase in the cash outflow required for acquiring or improving long-term assets.

• 📈 Positive Indicators

  Accounts Receivables: Accounts Receivables decreased to 0 million in 2023 from 0 million in 2022 representing a change of -225.26%. This suggests that the company has been able to collect payments from its customers more efficiently and timely.

• Quarterly Cashflow Statement

Note: The years below are fiscal years in accounting.

	2024Q2	2023Q4	Q/Q change %
0000000000
operating cash flow	-45018000	-2305000	-1853.06
free cash flow	-45018000	-2305000	-1853.06
capital expenditure	0	0	NaN
depreciation and amortization	44000	46000	-4.35
deferred income tax	0	0	NaN
stock based compensation	0	0	NaN
accounts receivables	0	-243000	100.00
accounts payables	0	0	NaN
inventory	0	0	NaN
acquisitions net	0	0	NaN
investments in property plant and equipment	0	0	NaN
net cash used for investing activites	526000	1000	52500.00
debt repayment	0	0	NaN
common stock issued	0	0	NaN
common stock repurchased	0	0	NaN
dividends paid	0	0	NaN
net cash used provided by financing activities	54941000	2353000	2234.93
net change in cash	12044000	49000	24479.59
cash at end of period	5224500	1595000	227.55
cash at beginning of period	0	1546000	-100.00

Overall Score of Quarterly Cashflow Statement

0.25 out of 1

Detailed Analysis

• 📈 Positive Indicators

  Net Change in Cash: Net Change in Cash increased to 12 million in 2024Q2 from 0 million in 2023Q4 representing a change of 24479.59%. Indicating an increased ability to generate cash from the company's operations or its cash flow position.

• 📉 Negative Indicators

  Operating Cash Flow: Operating Cash Flow decreased to -45 million in 2024Q2 from -2 million in 2023Q4 representing a change of -1853.06%. This indicates that the company generated less cash from its core business operations.

  Free Cash Flow: Free Cash Flow decreased to -45 million in 2024Q2 from -2 million in 2023Q4 representing a change of -1853.06%. This indicates a decrease in cash generated after accounting for capital expenditures.

  Accounts Receivables: Accounts Receivables increased to 0 in 2024Q2 from 0 million in 2023Q4 representing a change of 100.0%. This suggests that the company is less capable of collecting payments from its customers.

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	-0.0	0.0	-274.18
net income per share	-0.03	-0.31	89.75
operating cash flow per share	-0.0	0.04	-106.93
free cash flow per share	-0.0	0.04	-106.94
cash per share	0.09	0.14	-34.58
book value per share	0.09	0.14	-35.32
tangible book value per share	0.08	0.13	-37.13
shareholders equity per share	0.09	0.14	-35.32
interest debt per share	0.01	0.02	-20.91
market cap	94514280.64	101037186.18	-6.46
enterprise value	102919280.64	109432186.18	-5.95
pe ratio	-3.74	-0.47	-697.88
price to sales ratio	-62.68	133.47	-146.96
pocfratio	-48.59	4.12	-1280.53
pfcf ratio	-48.59	4.12	-1279.09
pb ratio	1.31	1.04	26.46
ptb ratio	1.31	1.04	26.46
ev to sales	-68.25	144.56	-147.21
enterprise value over ebitda	-4.12	-0.94	-340.18
ev to operating cash flow	-52.91	4.46	-1286.90
ev to free cash flow	-52.91	4.46	-1285.45
earnings yield	-0.27	-2.14	87.47
free cash flow yield	-0.02	0.24	-108.48
debt to equity	0.14	0.11	28.57
debt to assets	0.12	0.1	24.15
net debt to ebitda	-0.34	-0.07	-368.59
current ratio	6.46	8.41	-23.19
interest coverage	-64.65	-23.02	-180.86
income quality	0.08	-0.21	136.66
dividend yield	0	0	NaN
payout ratio	0	0	NaN
sales general and administrative to revenue	-8.77	24.65	-135.58
research and ddevelopement to revenue	0	0.0	-100.00
intangibles to total assets	0.09	0.07	30.55
capex to operating cash flow	0	0.0	-100.00
capex to revenue	0	0.04	-100.00
capex to depreciation	0	0.29	-100.00
stock based compensation to revenue	0	0	NaN
graham number	0.25	0.98	-74.25
roic	-0.16	-0.3	46.95
return on tangible assets	-0.33	-2.11	84.36
graham net net	0.08	0.2	-60.10
working capital	64655000	89853000	-28.04
tangible asset value	64748000	90042000	-28.09
net current asset value	64655000	89853000	-28.04
invested capital	71883000	97177000	-26.03
average receivables	0	0	NaN
average payables	1067000	1067000	0.00
average inventory	50650500	171687000	-70.50
days sales outstanding	0	0	NaN
days payables outstanding	0	1169.53	-100.00
days of inventory on hand	0	55517.82	-100.00
receivables turnover	0	0	NaN
payables turnover	0	0.31	-100.00
inventory turnover	0	0.01	-100.00
roe	-0.35	-2.22	84.15
capex per share	0	0.0	-100.00

• Negative

  ROE: Return on Equity (ROE) increased to -0.35 on 2023-12-31 from -2.22 on 2022-12-31, representing a change of 84.15%. 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 -3.74 on 2023-12-31 from -0.47 on 2022-12-31, representing a change of -697.88%. Indicating a decrease in the relative valuation of the company's stock.

  Current Ratio: Current Ratio decreased to 6.46 on 2023-12-31 from 8.41 on 2022-12-31, representing a change of -23.19%. 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.

• Neutral

  Debt-to-Equity Ratio: Debt-to-Equity Ratio increased to 0.14 on 2023-12-31 from 0.11 on 2022-12-31, representing a change of 28.57%. 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.

• Quarterly Financial Ratios

	2024-06-30 Q2	2024-03-31 Q1	Q/Q change %
0905.HK
calendar year	2024	2024	NaN
revenue per share	0.0	0	NaN
net income per share	-0.02	0	NaN
operating cash flow per share	-0.05	0	NaN
free cash flow per share	-0.05	0	NaN
cash per share	0.13	0	NaN
book value per share	0.13	0	NaN
tangible book value per share	0.12	0	NaN
shareholders equity per share	0.13	0	NaN
interest debt per share	0.01	0	NaN
market cap	166356089.19	0	NaN
enterprise value	164312089.19	-2044000	8138.75
pe ratio	-2.23	0	NaN
price to sales ratio	1002.15	0	NaN
pocfratio	-3.7	0	NaN
pfcf ratio	-3.7	0	NaN
pb ratio	1.53	0	NaN
ptb ratio	1.53	0	NaN
ev to sales	989.83	0	NaN
enterprise value over ebitda	-24.45	0	NaN
ev to operating cash flow	-3.65	0	NaN
ev to free cash flow	-3.65	0	NaN
earnings yield	-0.11	None	NaN
free cash flow yield	-0.27	0	NaN
debt to equity	0.09	0.09	0.00
debt to assets	0.08	0.08	0.00
net debt to ebitda	0.3	0	NaN
current ratio	10.09	10.09	0.00
interest coverage	0	0	NaN
income quality	2.41	0	NaN
dividend yield	0	None	NaN
payout ratio	0	0	NaN
sales general and administrative to revenue	43.92	0	NaN
research and ddevelopement to revenue	0	0	NaN
intangibles to total assets	0.06	0.06	0.00
capex to operating cash flow	0	0	NaN
capex to revenue	0	0	NaN
capex to depreciation	0	0	NaN
stock based compensation to revenue	0	0	NaN
graham number	0.26	0	NaN
roic	-0.06	None	NaN
return on tangible assets	-0.17	None	NaN
graham net net	0.12	0	NaN
working capital	101426000	101426000	0.00
tangible asset value	101475000	101475000	0.00
net current asset value	101426000	101426000	0.00
invested capital	108610000	108610000	0.00
average receivables	0	0	NaN
average payables	0	0	NaN
average inventory	0	0	NaN
days sales outstanding	0	0	NaN
days payables outstanding	0	0	NaN
days of inventory on hand	0	0	NaN
receivables turnover	0	0	NaN
payables turnover	0	0	NaN
inventory turnover	0	0	NaN
roe	-0.17	None	NaN
capex per share	0	0	NaN

• Negative

  Current Ratio: Current Ratio decreased to 10.09 on 2024-06-30 Q2 from 10.09 on 2024-03-31 Q1, representing a change of 0.00%. 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 0.09 on 2024-06-30 Q2 from 0.09 on 2024-03-31 Q1, representing a change of 0.00%. 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.

Growth Rates ⓘ

• Annual Growth

• Quarterly Growth

Intrinsic Value (Discounted Cash Flow) ⓘ

Negative Sentiment: Discounted Cash Flow value is -0.01 which is lower than current price 0.28, indicates the company may be overvalued.