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INDICATIVE · SAMPLE DATA
1027$2.7556

Asia Strategy Digit Technology Holdings Ltd

Apparel & AccessoriesVerified

Asia Strategy Digit Technology Holdings Ltd operates with a price-to-book ratio of 4.77 and a price-to-tangible-book ratio of 4.77, indicating a premium valuation relative to its book value. The company's current ratio of 2.24 suggests moderate liquidity, but its negative net cash position after subtracting total debt raises concerns about short-term financial flexibility. Profitability metrics show a return on equity of -4.2% and a return on assets of -2.53%, both significantly below the industry median for Apparel & Accessories. The company reported a net loss of CNY 10.12 million and an operating loss of CNY 4.83 million in the latest period, indicating operational challenges. The company's revenue is concentrated in international markets, with disclosed sales to Japan, China, Cambodia, Europe, and South Korea. No segment-specific revenue breakdown is available, but the geographic exposure suggests vulnerability to regional economic shifts and trade policy changes. Growth prospects appear muted, with no disclosed revenue growth in the latest period and a net loss. The company's debt-to-equity ratio of 0.41 is relatively low, but the negative operating income and net loss suggest limited capacity to service debt or fund expansion. The risk assessment highlights liquidity as a medium concern, with a negative net cash position after subtracting total debt. Dilution risk is assessed as low, and no recent dilutive events are reported. The company's valuation appears stretched given its negative earnings and high price-to-book ratio. No recent filings or transcripts are available to provide insight into management commentary or strategic shifts. The absence of disclosed capital expenditures or R&D investments further limits visibility into long-term growth drivers.

30-day price · 1027-0.31 (-10.1%)
Low$2.37High$3.32Close$2.75As of12 May, 00:00 UTC
Profile
CompanyAsia Strategy Digit Technology Holdings Ltd
Ticker1027.HK
SectorConsumer Cyclicals
BusinessCyclical Consumer Products
Industry groupCyclical Consumer Products
IndustryApparel & Accessories
AI analysis

Business. Asia Strategy Digit Technology Holdings Ltd is an investment holding company engaged in the manufacturing and sales of umbrellas and umbrella parts, with primary markets in Japan, China, Cambodia, Europe, and South Korea.

Classification. The company is classified under the Consumer Cyclicals economic sector, Cyclical Consumer Products business sector, and Apparel & Accessories industry, with a confidence level of 0.92.

Asia Strategy Digit Technology Holdings Ltd operates with a price-to-book ratio of 4.77 and a price-to-tangible-book ratio of 4.77, indicating a premium valuation relative to its book value. The company's current ratio of 2.24 suggests moderate liquidity, but its negative net cash position after subtracting total debt raises concerns about short-term financial flexibility. Profitability metrics show a return on equity of -4.2% and a return on assets of -2.53%, both significantly below the industry median for Apparel & Accessories. The company reported a net loss of CNY 10.12 million and an operating loss of CNY 4.83 million in the latest period, indicating operational challenges. The company's revenue is concentrated in international markets, with disclosed sales to Japan, China, Cambodia, Europe, and South Korea. No segment-specific revenue breakdown is available, but the geographic exposure suggests vulnerability to regional economic shifts and trade policy changes. Growth prospects appear muted, with no disclosed revenue growth in the latest period and a net loss. The company's debt-to-equity ratio of 0.41 is relatively low, but the negative operating income and net loss suggest limited capacity to service debt or fund expansion. The risk assessment highlights liquidity as a medium concern, with a negative net cash position after subtracting total debt. Dilution risk is assessed as low, and no recent dilutive events are reported. The company's valuation appears stretched given its negative earnings and high price-to-book ratio. No recent filings or transcripts are available to provide insight into management commentary or strategic shifts. The absence of disclosed capital expenditures or R&D investments further limits visibility into long-term growth drivers.
Key takeaways
  • The company is trading at a premium to book value despite reporting a net loss and negative operating income.
  • Profitability metrics (ROE, ROA) are significantly below industry norms, indicating operational inefficiencies.
  • Revenue is concentrated in international markets, exposing the company to regional economic and trade policy risks.
  • Liquidity is moderate, but the negative net cash position raises concerns about short-term financial flexibility.
  • Growth prospects are limited, with no disclosed revenue growth and a net loss in the latest period.
  • --
  • ## RATIONALES
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Financial snapshot
PeriodHA-latest
CurrencyCNY
Revenue$276.5M
Gross profit$20.5M
Operating income-$4.8M
Net income-$10.1M
R&D
SG&A
D&A
SBC
Operating cash flow
CapEx
Free cash flow
Total assets$400.0M
Total liabilities$159.3M
Total equity$240.7M
Cash & equivalents
Long-term debt$99.1M
Annual history (last 5)
PeriodRevenueOp IncomeNet IncomeFCF
FY0
FY-1$353.3M$17.5M$10.9M$14.2M
FY-2$294.5M-$89.7M-$92.8M-$88.5M
FY-3$353.9M-$20.7M-$29.4M-$27.1M
FY-4$306.1M-$121.3M-$127.7M-$122.2M
PeriodGross %Op %Net %FCF %
FY0
FY-1
FY-2
FY-3
FY-4
PeriodAssetsEquityCashDebt
FY0
FY-1$399.6M$251.4M
FY-2$382.1M$239.6M
FY-3$468.4M$331.8M
FY-4$450.4M$316.2M
PeriodOCFCapExFCFSBC
FY0
FY-1-$9.7M-$1.9M$14.2M
FY-2-$9.9M-$803.0k-$88.5M
FY-3-$45.2M-$3.0M-$27.1M
FY-4-$63.8M-$964.0k-$122.2M
Quarterly history (last 4)
PeriodRevenueOp IncomeNet IncomeFCF
FQ0
FQ-1
FQ-2
FQ-3
FQ-4
FQ-5
FQ-6
FQ-7
PeriodGross %Op %Net %FCF %
FQ0
FQ-1
FQ-2
FQ-3
FQ-4
FQ-5
FQ-6
FQ-7
PeriodAssetsEquityCashDebt
FQ0
FQ-1
FQ-2
FQ-3
FQ-4
FQ-5
FQ-6
FQ-7
PeriodOCFCapExFCFSBC
FQ0
FQ-1
FQ-2
FQ-3
FQ-4
FQ-5
FQ-6
FQ-7
Valuation
Market price$2.75
Market cap$1.15B
Enterprise value$1.25B
P/E
Reported non-GAAP P/E
EV/Revenue4.5
EV/Op income
EV/OCF
P/B4.8
P/Tangible book4.8
Tangible book$240.7M
Net cash-$99.1M
Current ratio2.2
Debt/Equity0.4
ROA-2.5%
ROE-4.2%
Cash conversion
CapEx/Revenue
SBC/Revenue
Asset intensity
Dilution ratio0.0%
Risk assessment
Dilution riskLow
Liquidity riskMedium
  • Net cash is negative after subtracting total debt.
Industry benchmarks
Activity: Apparel & Accessories · cohort 2 companies
Metric1027Activity
Op margin-1.7%6.6% medp25 4.6% · p75 8.7%bottom quartile
Net margin-3.7%3.7% medp25 2.0% · p75 5.5%bottom quartile
Gross margin7.4%57.5% medp25 57.5% · p75 57.5%bottom quartile
CapEx / revenue1.1% medp25 0.9% · p75 1.4%
Debt / equity41.0%124.3% medp25 86.1% · p75 162.6%bottom quartile
Source data
Underlying data the analysis-pipeline pulls and audits. Fetch timestamps + content hashes show when each source was last refreshed.
Company fundamentalsperiod FQ-7 · history via verified-market-data
no public URL
2026-05-15 00:09 UTC#1d90b620
Market quoteclose CNY 2.75 · shares 0.42B diluted
no public URL
2026-05-15 00:11 UTC#ff143c49
Source: analysis-pipeline (hybrid)Generated: 2026-05-15 00:12 UTCJob: e95c8372