Handelsavisen
prelaunch
Companies ›Consumer Cyclicals ›0398.HK
03
0398.HK — HKEX Apparel & Accessories Retailers

Oriental Watch Holdings Ltd

HK$3,27
Open in Charts → Attach watcher ⌖
— —
HKD
Set alert
Last 30 days
1D5D1M3M6MYTD1Y5YMax
Live price chart loads from the market-data widget.
Mcap
—
P/E
—
EV / Rev
—
Div yield
2,91 %
Op margin
9,5 %
ROE
11,4 %
Net margin
5,8 %
Debt / equity
0,11
Beta
—
52w range
—
Volume
—
Day range
—
Prev close
—
Open
—
Next earnings
—
Ex-dividend
—
TR 1Y
—
About

Oriental Watch Holdings Ltd operates in the apparel and accessories retail sector, generating revenue primarily through the sale of fashion-related products to consumers.

Business. Oriental Watch Holdings Ltd (0398.HK) is a retailer operating within the Apparel & Accessories Retailers industry, primarily engaged in the sale of products. The company is listed on the Hong Kong Stock Exchange. Specific details regarding its operating segments, headquarters location, and geographic revenue mix are not provided in the available data.

Classification92 %
SectorConsumer Cyclicals
Business sectorRetailers
IndustryApparel & Accessories Retailers
ActivityRetailers
Generated · model-assisted
Sell-side consensus
—consensus pending
— buy— hold— sell
Avg 12m price target—
Upcoming events
— missing data
See all catalysts →

At a glance

Score
—
not yet scored
Valuation
—
valuation pending
Analysts
—
not yet wired
Ownership
—
not yet wired
Profitability→
11,4 %
return on equity
Quality
—
not yet scored

What drives this business

The watch-list the newsroom runs for this company — derived from its sector path, sharpened layer by layer. Not investment advice.

— missing data

News & coverage

0
  • No recent newsroom coverage mentioning 0398.

    • Sector rotation

    Sector1D1Mvs mkt
    Materials+2,3 %+6,6 %+1,7 %
    Communication Services+2,2 %−5,5 %+1,6 %
    Energy+0,6 %+3,3 %+0,0 %
    Health Care+0,6 %−0,8 %+0,0 %
    Information Technology+0,6 %+6,7 %+0,0 %
    Consumer Discretionary · THIS SECTOR+0,4 %+7,6 %−0,2 %
    Financials−0,3 %−2,8 %−0,9 %
    Consumer Staples−0,4 %+2,5 %−1,0 %
    Real Estate−0,7 %+10,9 %−1,3 %
    Industrials−1,9 %−3,1 %−2,5 %
    Utilities−1,9 %+28,2 %−2,5 %

    Developing storylines

    No tracked sagas currently linked to 0398.HK. Browse all sagas →

    Analysis

    AI analysis
    Generated · analysis pipeline · tier hybrid · as of 2026-08-04 ↑ At a glance

    Opportunity

    — missing data

    Upcoming catalysts

    Scheduled public events. Informational only — not investment advice.

    • Macro
    • Rate decisionBank of England rate decision (press conf.)2026-08-06 · GB
    • Rate decisionReserve Bank of Australia rate decision (press conf.)2026-08-12 · AU
    • Rate decisionNorges Bank rate decision (press conf.)2026-08-20 · NO
    • Rate decisionSveriges Riksbank rate decision (press conf.)2026-09-03 · SE
    • Rate decisionBank of Canada rate decision (press conf.)2026-09-09 · CA
    • Rate decisionEuropean Central Bank rate decision (press conf.)2026-09-10 · EU
    • Macro & political
    • ElectionSE Swedish Election2026-09-14 · SE
    • ElectionUS U.S. Midterms2026-11-03 · US
    • ElectionFR French Legislative2027-06-01 · FR

    Pre-earnings brief

    — missing data

    Signals & dispatch

    peak dispatch · —

    Composite-score breakdown

    Synthesis

    Business

    Oriental Watch Holdings Ltd (0398.HK) is a retailer operating within the Apparel & Accessories Retailers industry, primarily engaged in the sale of products. The company is listed on the Hong Kong Stock Exchange. Specific details regarding its operating segments, headquarters location, and geographic revenue mix are not provided in the available data.

    Classification92 %
    SectorConsumer Cyclicals
    Business sectorRetailers
    IndustryApparel & Accessories Retailers
    ActivityRetailers
    AI synthesis
    GENERATED

    Oriental Watch Holdings Ltd maintains a strong liquidity position, with a current ratio of 4.77 and cash and equivalents amounting to HKD 836.08 million, which represents 37.26% of total assets. The company's debt-to-equity ratio is 0.11, indicating a conservative capital structure with minimal reliance on debt financing. Free cash flow of HKD 103.41 million and operating cash flow of HKD 288.09 million further support its liquidity and financial flexibility.

    The company's profitability is reflected in a return on equity (ROE) of 11.44% and a return on assets (ROA) of 8.94%, both of which exceed the typical thresholds for the Apparel & Accessories Retailers industry. Operating income of HKD 326.54 million and a gross profit of HKD 1.09 billion suggest a healthy margin structure, although the net income of HKD 200.50 million indicates some pressure from operating expenses.

    The company's revenue is concentrated in a single business segment, with no disclosed geographic diversification in the latest financial data. This lack of segmental or geographic diversification may expose the company to localized market risks.

    The company's growth trajectory is not explicitly outlined in the latest financial data, but the absence of capital expenditures and a stable share count suggest a conservative approach to expansion. The company's operating cash flow and free cash flow remain positive, indicating a stable financial position.

    The risk assessment indicates low liquidity and dilution risk, with no immediate filing-based flags detected. The company's low debt-to-equity ratio and strong cash reserves further support its low risk profile. No dilution potential is identified in the basic share count, and no adjustments have been applied to the valuation metrics.

    No recent events, such as filings or transcripts, are disclosed in the available data to suggest material changes in the company's operations or strategy.

    Key takeaways
    • Oriental Watch Holdings Ltd maintains a strong liquidity position with a current ratio of 4.77 and HKD 836.08 million in cash and equivalents.
    • The company's profitability is robust, with a return on equity of 11.44% and a return on assets of 8.94%.
    • The company's capital structure is conservative, with a debt-to-equity ratio of 0.11 and no immediate liquidity or dilution risks.
    • The company's revenue is concentrated in a single segment, and no geographic diversification is disclosed, which may increase exposure to localized market risks.
    • The company's growth strategy appears to be conservative, with no capital expenditures and a stable share count.

    Bull / Bear case

    Generated · model-assisted
    — missing data

    In focus — financials by report

    Valuation

    Market price
    HK$3,27
    Market cap
    —
    Enterprise valueⓘ
    —
    P/Eⓘ
    —
    Non-GAAP P/Eⓘ
    —
    EV / Revenueⓘ
    —
    EV / Op incomeⓘ
    —
    EV / OCFⓘ
    —
    P / Bⓘ
    —
    P / Tangible bookⓘ
    —
    Tangible book
    HK$1.75B
    Net cashⓘ
    HK$640.8M
    Current ratioⓘ
    4.8
    Debt / equityⓘ
    0.1
    ROAⓘ
    8.9%
    ROEⓘ
    11.4%
    Cash conversionⓘ
    144.0%
    CapEx / revenueⓘ
    -0.7%
    SBC / revenueⓘ
    —
    Dilution ratioⓘ
    0.0%

    Revenue by segment

    Market share

    — missing data

    Business relationships

    — missing data

    Supply chain

    — missing data

    Peer comparison

    — missing data

    Market position

    Stress test

    — missing data

    Predictor forecast

    Options

    — missing data

    Short squeeze

    — missing data

    Earnings-call key lines

    — missing data

    Estimate revisions

    consensus EPS · 26-week trend
    — missing data

    Sell-side observations

    — missing data

    Themes

    — missing data

    ESG

    — missing data

    Risk factors

    Dilution riskLow
    Liquidity riskLow
    Filing-based flags
    • No immediate filing-based liquidity or dilution flags were detected.

    Benchmarks vs cohort

    Op Margin9,5 %Above median
    Net Margin5,8 %Above median
    ROE11,4 %Above median
    Capex / Rev-0,7 %Above P75
    D/E0,11Above median
    Cash Conv1,44Above median

    Corporate actions / M&A

    — missing data

    FX exposure

    — missing data

    Comparable transactions

    — missing data

    Derivatives & instruments

    — missing data

    Actions

    Ask Handelsavisen

    — missing data
    Data sources
    • Market data
    • Market data cache
    • Issuer disclosures
    • Public news
    • Earnings transcripts
    • Consensus estimates
    • ESG data
    How metrics are computed
    • Dilution Ratio
      (shares_outstanding_diluted - shares_outstanding_basic) / shares_outstanding_basic
    • Net Cash
      cash_and_equivalents + short_term_investments - short_term_debt - long_term_debt
    • Capex To Revenue
      capital_expenditure / revenue
    • Return On Equity
      net_income / total_equity
    • Debt To Equity
      (short_term_debt + long_term_debt) / total_equity
    • Cash Conversion Ratio
      operating_cash_flow / net_income
    Source documents
    • Oriental Watch Holdings Ltd Market data — financials · 2026-05-26

    Ownership & reference

    Insider activity

    — missing data

    Short positioning

    — missing data

    Geographic breakdown

    — missing data
    Listings · one canonical issuer all listings resolve to the canonical
    0398.HKCanonical
    HKEX · HKD

    Intel & risk

    peak dispatch · —
    OSINT findings
    Dilution riskLow
    Liquidity riskLow
    No immediate filing-based liquidity or dilution flags were detected.

    Evidence & claims

    From filings & derived data
    — missing data

    The Thread

    Everything we know, in order
    2026-06-20 12:34 UTCANALYSTAnalyst coverage initiated
    The entity's full life in the product — typed, chronological, joined across Newspaper, Platform and Data. Our memory, made visible.
    Sources filings · IR · transcripts · market data · tier hybrid · as of 2026-08-04 Market data · Issuer disclosures · Public news · Earnings transcripts · Consensus estimates · ESG data Premium coverage