Sincere Watch (Hong Kong) Limited Logo

Sincere Watch (Hong Kong) Limited

0444.HK

(1.0)
Stock Price

0,01 HKD

-68.97% ROA

-184.15% ROE

-0.96x PER

Market Cap.

241.758.000,00 HKD

111.84% DER

0% Yield

-198.22% NPM

Sincere Watch (Hong Kong) Limited Stock Analysis

Sincere Watch (Hong Kong) Limited Fundamental Analysis

Fundamental analysis in stock investing is like studying the foundation of a house before buying it. It involves looking at a company's financial health, like its earnings, assets, and debts, to determine if it's a good investment based on its fundamental strength and potential for growth.

Sincere Watch (Hong Kong) Limited Fundamental Stock Analysis
# Analysis Rating
1 PBV

With a remarkably low PBV ratio (0.46x), the stock offers substantial upside potential at a bargain price.

2 DER

The stock maintains a fair debt to equity ratio (67%), indicating a reasonable balance between the money it owes and the ownership it possesses.

3 Graham Number

The Graham number analysis indicates that this company's stock price is likely undervalued, raising prospects for a favorable investment opportunity.

4 ROE

The stock's ROE indicates a negative return (-24.65%) on shareholders' equity, suggesting poor financial performance.

5 ROA

The stock's ROA (-15.4%) suggests that it's struggling to generate profits from its assets, making it a risky choice for investment.

6 Revenue Growth

Company's revenue has stayed stagnant, showing no signs of improvement and making it a less favorable choice.

7 Net Profit Growth

The net profit of this company has shown no signs of growth over the last five years, suggesting limited profitability and making it a less attractive investment opportunity.

8 Assets Growth

Company has experienced no growth in revenue over the past three years, suggesting limited profitability and making it a less desirable investment opportunity.

9 Dividend Growth

The company's dividend growth has remained flat for the past three years, offering no indication of improved returns and making it a less advantageous investment opportunity.

10 Dividend

Investors should note the absence of dividends from the company in the last three years, indicating potential financial challenges.

11 Buffet Intrinsic Value

The company's stock presents a potential concern as it appears overvalued (0) by Warren Buffett's formula, indicating that its market price exceeds its estimated intrinsic value.

Sincere Watch (Hong Kong) Limited Technical Analysis

Technical analysis in stock investing is like reading the patterns on a weather map to predict future weather conditions. It involves studying past stock price movements and trading volumes to make predictions about where a stock's price might go next, without necessarily looking at the company's financial health.

Sincere Watch (Hong Kong) Limited Technical Stock Analysis
# Analysis Recommendation
1 Awesome Oscillator Hold
2 MACD Sell
3 RSI Hold
4 Stoch RSI Sell

Sincere Watch (Hong Kong) Limited Price Chart

Financial Statements

Financial statements are like report cards for companies. They show how much money a company makes (income statement), what it owns and owes (balance sheet), and where it spends its money (cash flow statement), helping stock investors understand if a company is healthy and worth investing in.

Income Statements

An income statement for a company is like a scoreboard for its profits and losses. It shows how much money the company made (revenue) and how much it spent to make that money (expenses), helping stock investors see if a company is making a profit or not.

Revenue in stock investing is the total amount of money a company earns from its sales, and it's a key factor that investors consider to assess a company's financial performance and growth potential.

Sincere Watch (Hong Kong) Limited Revenue
Year Revenue Growth
2004 457.442.000
2005 360.269.000 -26.97%
2006 470.833.000 23.48%
2007 733.211.000 35.78%
2008 409.780.000 -78.93%
2009 443.969.000 7.7%
2010 821.540.000 45.96%
2011 1.115.070.000 26.32%
2012 749.183.000 -48.84%
2013 648.013.000 -15.61%
2014 589.716.000 -9.89%
2015 303.400.000 -94.37%
2016 356.553.000 14.91%
2017 387.026.000 7.87%
2018 414.597.000 6.65%
2019 261.772.000 -58.38%
2020 261.772.000 0%
2020 136.356.000 -91.98%
2021 148.719.000 8.31%
2022 105.476.000 -41%

Research and Development Expenses are the costs a company incurs to create and improve its products or services, which can be important for investors to evaluate a company's innovation and potential for future growth.

Sincere Watch (Hong Kong) Limited Research and Development Expenses
Year Research and Development Expenses Growth
2004 0
2005 0 0%
2006 0 0%
2007 0 0%
2008 0 0%
2009 0 0%
2010 0 0%
2011 0 0%
2012 0 0%
2013 0 0%
2014 0 0%
2015 0 0%
2016 0 0%
2017 0 0%
2018 0 0%
2019 0 0%
2020 0 0%
2020 0 0%
2021 0 0%
2022 0 0%

General and Administrative Expenses are the costs a company incurs to run its day-to-day operations, such as office rent, salaries, and utilities, which investors consider to understand a company's overall efficiency and management effectiveness.

Sincere Watch (Hong Kong) Limited General and Administrative Expenses
Year General and Administrative Expenses Growth
2004 41.975.000
2005 48.774.000 13.94%
2006 54.075.000 9.8%
2007 79.800.000 32.24%
2008 98.833.000 19.26%
2009 89.007.000 -11.04%
2010 112.784.000 21.08%
2011 142.004.000 20.58%
2012 120.180.000 -18.16%
2013 126.628.000 5.09%
2014 86.581.000 -46.25%
2015 89.037.000 2.76%
2016 85.883.000 -3.67%
2017 103.016.000 16.63%
2018 108.593.000 5.14%
2019 89.335.000 -21.56%
2020 89.335.000 0%
2020 66.420.000 -34.5%
2021 71.731.000 7.4%
2022 144.266.000 50.28%

EBITDA stands for Earnings Before Interest, Taxes, Depreciation, and Amortization. It is a measure that helps stock investors analyze a company's profitability by looking at its earnings without considering certain expenses. This helps to get a clearer picture of the company's financial performance and its ability to generate cash flow.

Sincere Watch (Hong Kong) Limited EBITDA
Year EBITDA Growth
2004 59.214.000
2005 56.932.000 -4.01%
2006 53.648.000 -6.12%
2007 127.554.000 57.94%
2008 16.495.000 -673.29%
2009 33.730.000 51.1%
2010 134.937.000 75%
2011 207.620.000 35.01%
2012 145.837.000 -42.36%
2013 98.879.000 -47.49%
2014 74.671.000 -32.42%
2015 -77.240.000 196.67%
2016 35.129.000 319.88%
2017 -51.211.000 168.6%
2018 -36.676.000 -39.63%
2019 -53.489.000 31.43%
2020 -84.969.000 37.05%
2020 -148.790.000 42.89%
2021 -90.914.000 -63.66%
2022 -233.386.000 61.05%

Gross profit is the money a company makes from selling its products or services after subtracting the cost of producing or providing them, and it is an important measure for investors to understand a company's profitability.

Sincere Watch (Hong Kong) Limited Gross Profit
Year Gross Profit Growth
2004 124.693.000
2005 107.622.000 -15.86%
2006 151.891.000 29.15%
2007 237.442.000 36.03%
2008 141.380.000 -67.95%
2009 132.760.000 -6.49%
2010 280.652.000 52.7%
2011 397.457.000 29.39%
2012 297.583.000 -33.56%
2013 251.255.000 -18.44%
2014 225.650.000 -11.35%
2015 71.135.000 -217.21%
2016 118.370.000 39.9%
2017 140.917.000 16%
2018 166.420.000 15.32%
2019 92.576.000 -79.77%
2020 92.576.000 0%
2020 21.163.000 -337.44%
2021 56.839.000 62.77%
2022 -68.626.000 182.82%

Net income in stock investing is like the money a company actually gets to keep as profit after paying all its bills, and it's an important measure to understand how well a company is doing financially.

Sincere Watch (Hong Kong) Limited Net Profit
Year Net Profit Growth
2004 52.151.000
2005 49.920.000 -4.47%
2006 43.615.000 -14.46%
2007 34.389.000 -26.83%
2008 41.365.000 16.86%
2009 4.785.000 -764.47%
2010 78.815.000 93.93%
2011 139.167.000 43.37%
2012 118.853.000 -17.09%
2013 52.074.000 -128.24%
2014 40.232.000 -29.43%
2015 -143.491.000 128.04%
2016 -158.935.000 9.72%
2017 -59.972.000 -165.02%
2018 -122.831.000 51.18%
2019 -142.315.000 13.69%
2020 -142.315.000 0%
2020 -210.300.000 32.33%
2021 -156.819.000 -34.1%
2022 -454.252.000 65.48%

EPS, or earnings per share, is a measure that shows how much profit a company has earned for each outstanding share of its stock, and it is important for stock investors as it helps understand the profitability of a company and compare it with other companies in the market.

Sincere Watch (Hong Kong) Limited Earning per Share (EPS)
Year Earning per Share (EPS) Growth
2004 0
2005 0 0%
2006 0 0%
2007 0 0%
2008 0 0%
2009 0 0%
2010 0 0%
2011 0 0%
2012 0 0%
2013 0 0%
2014 0 0%
2015 0 0%
2016 0 0%
2017 0 0%
2018 0 0%
2019 0 0%
2020 0 0%
2020 0 0%
2021 0 0%
2022 0 0%

Cashflow Statements

Cashflow statements show the movement of money in and out of a company, helping stock investors understand how much money a company makes and spends. By examining cashflow statements, investors can assess if a company is generating enough cash to pay its bills, invest in growth, and provide returns to stockholders.

Free cash flow is the leftover cash that a company generates after covering its operating expenses and capital expenditures, which is important for stock investors as it shows how much money a company has available to invest in growth, pay dividends, or reduce debt.

Sincere Watch (Hong Kong) Limited Free Cashflow
Year Free Cashflow Growth
2004 64.432.000
2005 -50.304.000 228.09%
2006 68.918.000 172.99%
2007 98.793.000 30.24%
2008 -110.891.000 189.09%
2009 25.135.000 541.18%
2010 193.008.000 86.98%
2011 145.237.000 -32.89%
2012 -82.164.000 276.76%
2013 13.010.000 731.54%
2014 -21.101.000 161.66%
2015 -95.017.000 77.79%
2016 -421.322.000 77.45%
2017 -29.629.000 -1321.99%
2018 -113.159.000 73.82%
2019 -62.996.000 -79.63%
2020 -70.034.000 10.05%
2021 6.686.000 1147.47%
2022 -9.674.500 169.11%

Operating cash flow represents the cash generated or consumed by a company's day-to-day operations, excluding external investing or financing activities, and is crucial for stock investors as it shows how much cash a company is generating from its core business operations.

Sincere Watch (Hong Kong) Limited Operating Cashflow
Year Operating Cashflow Growth
2004 64.902.000
2005 -50.012.000 229.77%
2006 76.470.000 165.4%
2007 112.875.000 32.25%
2008 -102.988.000 209.6%
2009 28.938.000 455.89%
2010 200.691.000 85.58%
2011 166.566.000 -20.49%
2012 -55.200.000 401.75%
2013 41.494.000 233.03%
2014 -5.937.000 798.91%
2015 -86.752.000 93.16%
2016 -406.593.000 78.66%
2017 -27.563.000 -1375.14%
2018 -96.968.000 71.58%
2019 -57.017.000 -70.07%
2020 -51.974.000 -9.7%
2021 14.589.000 456.25%
2022 -4.307.000 438.73%

Capex, short for capital expenditures, refers to the money a company spends on acquiring or upgrading tangible assets like buildings, equipment, or technology, which is important for stock investors as it indicates how much a company is investing in its infrastructure to support future growth and profitability.

Sincere Watch (Hong Kong) Limited Capital Expenditure
Year Capital Expenditure Growth
2004 470.000
2005 292.000 -60.96%
2006 7.552.000 96.13%
2007 14.082.000 46.37%
2008 7.903.000 -78.19%
2009 3.803.000 -107.81%
2010 7.683.000 50.5%
2011 21.329.000 63.98%
2012 26.964.000 20.9%
2013 28.484.000 5.34%
2014 15.164.000 -87.84%
2015 8.265.000 -83.47%
2016 14.729.000 43.89%
2017 2.066.000 -612.92%
2018 16.191.000 87.24%
2019 5.979.000 -170.8%
2020 18.060.000 66.89%
2021 7.903.000 -128.52%
2022 5.367.500 -47.24%

Balance Sheet

Balance sheets provide a snapshot of a company's financial health and its assets (such as cash, inventory, and property) and liabilities (like debts and obligations) at a specific point in time. For stock investors, balance sheets help assess the company's overall worth and evaluate its ability to meet financial obligations and support future growth.

Equity refers to the ownership interest or stake that shareholders have in a company, representing their claim on its assets and earnings after all debts and liabilities are paid.

Sincere Watch (Hong Kong) Limited Equity
Year Equity Growth
2004 76.774.000
2005 196.840.000 61%
2006 211.936.000 7.12%
2007 224.152.000 5.45%
2008 241.717.000 7.27%
2009 248.381.000 2.68%
2010 321.802.000 22.82%
2011 436.244.000 26.23%
2012 554.571.000 21.34%
2013 573.150.000 3.24%
2014 802.904.000 28.62%
2015 1.098.751.000 26.93%
2016 1.101.691.000 0.27%
2017 1.068.513.000 -3.11%
2018 1.061.717.000 -0.64%
2019 857.605.000 -23.8%
2020 725.645.000 -18.19%
2021 546.879.000 -32.69%
2022 331.528.000 -64.96%

Assets represent the valuable resources that a company owns, such as cash, inventory, property, and equipment, and understanding a company's assets helps investors assess its value and potential for generating future profits.

Sincere Watch (Hong Kong) Limited Assets
Year Assets Growth
2004 435.984.000
2005 585.720.000 25.56%
2006 541.087.000 -8.25%
2007 657.396.000 17.69%
2008 496.594.000 -32.38%
2009 497.723.000 0.23%
2010 761.370.000 34.63%
2011 946.679.000 19.57%
2012 939.753.000 -0.74%
2013 911.115.000 -3.14%
2014 1.093.418.000 16.67%
2015 1.678.191.000 34.85%
2016 1.274.214.000 -31.7%
2017 1.312.329.000 2.9%
2018 1.446.778.000 9.29%
2019 1.238.429.000 -16.82%
2020 1.166.027.000 -6.21%
2021 1.018.207.000 -14.52%
2022 840.638.000 -21.12%

Liabilities refer to the financial obligations or debts that a company owes to creditors or external parties, and understanding a company's liabilities is important for investors as it helps assess the company's financial risk and ability to meet its obligations.

Sincere Watch (Hong Kong) Limited Liabilities
Year Liabilities Growth
2004 359.210.000
2005 388.880.000 7.63%
2006 329.151.000 -18.15%
2007 433.244.000 24.03%
2008 254.877.000 -69.98%
2009 249.342.000 -2.22%
2010 439.568.000 43.28%
2011 510.435.000 13.88%
2012 385.182.000 -32.52%
2013 337.965.000 -13.97%
2014 290.514.000 -16.33%
2015 579.440.000 49.86%
2016 172.523.000 -235.86%
2017 243.816.000 29.24%
2018 385.061.000 36.68%
2019 380.824.000 -1.11%
2020 440.382.000 13.52%
2021 471.328.000 6.57%
2022 509.110.000 7.42%

Sincere Watch (Hong Kong) Limited Financial Ratio (TTM)

Valuation Metrics

Revenue per Share
0.01
Net Income per Share
-0.04
Price to Earning Ratio
-0.96x
Price To Sales Ratio
3.2x
POCF Ratio
201.72
PFCF Ratio
-17.21
Price to Book Ratio
0.73
EV to Sales
7.44
EV Over EBITDA
-4.41
EV to Operating CashFlow
468.52
EV to FreeCashFlow
-39.97
Earnings Yield
-1.04
FreeCashFlow Yield
-0.06
Market Cap
0,24 Bil.
Enterprise Value
0,56 Bil.
Graham Number
0.23
Graham NetNet
-0.06

Income Statement Metrics

Net Income per Share
-0.04
Income Quality
-0
ROE
-0.73
Return On Assets
-0.59
Return On Capital Employed
-0.49
Net Income per EBT
1
EBT Per Ebit
1.71
Ebit per Revenue
-1.16
Effective Tax Rate
-0

Margins

Sales, General, & Administrative to Revenue
1.21
Research & Developement to Revenue
0
Stock Based Compensation to Revenue
0
Gross Profit Margin
-0.14
Operating Profit Margin
-1.16
Pretax Profit Margin
-1.99
Net Profit Margin
-1.98

Dividends

Dividend Yield
0
Dividend Yield %
0
Payout Ratio
0
Dividend Per Share
0

Operating Metrics

Operating Cashflow per Share
0
Free CashFlow per Share
-0
Capex to Operating CashFlow
-12.72
Capex to Revenue
-0.2
Capex to Depreciation
-0.79
Return on Invested Capital
-0.18
Return on Tangible Assets
-0.69
Days Sales Outstanding
42.07
Days Payables Outstanding
184.25
Days of Inventory on Hand
770.05
Receivables Turnover
8.68
Payables Turnover
1.98
Inventory Turnover
0.47
Capex per Share
-0

Balance Sheet

Cash per Share
0,01
Book Value per Share
0,05
Tangible Book Value per Share
0.05
Shareholders Equity per Share
0.05
Interest Debt per Share
0.06
Debt to Equity
1.12
Debt to Assets
0.44
Net Debt to EBITDA
-2.51
Current Ratio
1.38
Tangible Asset Value
-0,15 Bil.
Net Current Asset Value
-0,17 Bil.
Invested Capital
1.12
Working Capital
0,09 Bil.
Intangibles to Total Assets
0.57
Average Receivables
0,01 Bil.
Average Payables
0,05 Bil.
Average Inventory
197708000
Debt to Market Cap
1.54

Dividends

Dividends in stock investing are like rewards that companies give to their shareholders. They are a portion of the company's profits distributed to investors, typically in the form of cash payments, as a way for them to share in the company's success.

Sincere Watch (Hong Kong) Limited Dividends
Year Dividends Growth
2006 0
2007 0 0%
2008 0 0%
2010 0 0%
2011 0 0%
2013 0 0%
2014 0 0%

Sincere Watch (Hong Kong) Limited Profile

About Sincere Watch (Hong Kong) Limited

Sincere Watch (Hong Kong) Limited, an investment holding company, distributes branded luxury watches, timepieces, and accessories in Hong Kong, Macau, Mainland China, and internationally. It operates in two segments, Watch Distribution and Property Investment. The company primarily provides Franck Muller watches and accessories. It offers its products under the CVSTOS, Pierre Kunz, and European Company Watch brands. The company also engages in the property investment activities. It operates a distribution network of 47 retail points of sales and 12 boutiques. Sincere Watch (Hong Kong) Limited was incorporated in 2004 and is headquartered in Central, Hong Kong.

CEO
Mr. Xiaoliang Zhang
Employee
121
Address
The Center
Central,

Sincere Watch (Hong Kong) Limited Executives & BODs

Sincere Watch (Hong Kong) Limited Executives & BODs
# Name Age
1 Mr. Mow Tai Loy
Chief Financial Officer
70
2 Mr. Guangqiang Yang
Executive Director
70
3 Mr. Yang Yang
Executive Vice President
70
4 Mr. Muzong An
Executive Director
70
5 Ms. Yuk Shan Lau
Director of Sales & Operations
70
6 Mr. Xiaoliang Zhang
Chairman & Chief Executive Officer
70
7 Ms. Yuk Mei Lee
Director of Marketing & Communications
70
8 Mr. Kwong Leung Chan ACIS, ACS
Company Secretary
70
9 Mr. Hong Tak Wong
Controller
70

Sincere Watch (Hong Kong) Limited Competitors