Comparison
Company
Score
Quality
Valuation
Financial
Technical
Why is Central Development Holdings Ltd. ?
1
With a Negative Book Value, the company has a Weak Long Term Fundamental Strength
- Poor long term growth as Operating profit has grown by an annual rate 10.49% of over the last 5 years
- High Debt Company with a Debt to Equity ratio (avg) at times
2
Flat results in Mar 25
- OPERATING CASH FLOW(Y) Lowest at HKD -34.02 MM
- INTEREST(Q) Highest at HKD 9.54 MM
3
Risky -
- The stock is trading risky as compared to its average historical valuations
- Over the past year, while the stock has generated a return of -30.56%, its profits have risen by 1.9%
4
Below par performance in long term as well as near term
- Along with generating -30.56% returns in the last 1 year, the stock has also underperformed Hang Seng Hong Kong in the last 3 years, 1 year and 3 months
How much should you sell?
- All quantity irrespective of whether you are making profits or losses
(If sector exposure > 30%, please use optimiser tool to see which are the best stocks to hold in Electronics & Appliances)
When to re-enter? - We will constantly monitor the company and review our call based on new data
Is Central Development Holdings Ltd. for you?
High Risk, Low Return
Absolute
Risk Adjusted
Volatility
Central Development Holdings Ltd.
-30.56%
-0.49
90.40%
Hang Seng Hong Kong
27.36%
1.03
25.88%
Quality key factors
Factor
Value
Sales Growth (5y)
15.57%
EBIT Growth (5y)
10.49%
EBIT to Interest (avg)
-2.58
Debt to EBITDA (avg)
Negative Net Debt
Net Debt to Equity (avg)
-15.01
Sales to Capital Employed (avg)
1.86
Tax Ratio
6.00%
Dividend Payout Ratio
0
Pledged Shares
0
Institutional Holding
0
ROCE (avg)
0
ROE (avg)
0
Valuation Key Factors 
Factor
Value
P/E Ratio
NA (Loss Making)
Industry P/E
Price to Book Value
-16.14
EV to EBIT
-19.60
EV to EBITDA
-30.29
EV to Capital Employed
5.38
EV to Sales
1.13
PEG Ratio
NA
Dividend Yield
NA
ROCE (Latest)
-27.45%
ROE (Latest)
Negative BV
Technical key factors
Indicator
Weekly
Monthly
MACD
Bearish
Bearish
RSI
No Signal
No Signal
Bollinger Bands
Bearish
Bearish
Moving Averages
Bearish (Daily)
KST
Bearish
Bearish
Dow Theory
Bearish
No Trend
OBV
No Trend
No Trend
Technical Movement
10What is working for the Company
NET PROFIT(HY)
Higher at HKD -14.95 MM
ROCE(HY)
Highest at 0%
OPERATING PROFIT MARGIN(Q)
Highest at -3.48 %
RAW MATERIAL COST(Y)
Fallen by -100% (YoY
DEBT-EQUITY RATIO
(HY)
Lowest at -495 %
NET SALES(Q)
Highest at HKD 141.36 MM
-9What is not working for the Company
OPERATING CASH FLOW(Y)
Lowest at HKD -34.02 MM
INTEREST(Q)
Highest at HKD 9.54 MM
Here's what is working for Central Development Holdings Ltd.
Operating Profit Margin
Highest at -3.48 % and Grown
In each period in the last five periodsMOJO Watch
Company's profit margin has improved
Operating Profit to Sales
Net Profit
Higher at HKD -14.95 MM
than preceding 12 month period ended Mar 2025MOJO Watch
In the half year the company has already crossed Net Profit of the previous twelve months
Net Profit (HKD MM)
Net Sales
Highest at HKD 141.36 MM
in the last five periodsMOJO Watch
Near term sales trend is positive
Net Sales (HKD MM)
Net Sales
At HKD 141.36 MM has Grown at 44.49%
Year on Year (YoY)MOJO Watch
Near term sales trend is positive
Net Sales (HKD MM)
Debt-Equity Ratio
Lowest at -495 %
in the last five Semi-Annual periodsMOJO Watch
The company has been reducing its borrowing as compared to equity capital
Debt-Equity Ratio
Raw Material Cost
Fallen by -100% (YoY)
MOJO Watch
The company's ability to pass on the cost of raw materials to customers has improved; this may lead to a rise in profit margin
Raw Material Cost as a percentage of Sales
Here's what is not working for Central Development Holdings Ltd.
Operating Cash Flow
Lowest at HKD -34.02 MM and Fallen
In each year in the last three yearsMOJO Watch
The company's cash revenues from business operations are falling
Operating Cash Flows (HKD MM)
Interest
Highest at HKD 9.54 MM
in the last five periods and Increased by 32.27% (QoQ)MOJO Watch
Rising interest cost signifies increased borrowings
Interest Paid (HKD MM)






