Risk factor
Very high price volatility
Profitability factor
Very low or no dividends
About
This investment holding entity is involved in the licensing of trademarks and the retail distribution of gold and jewelry items throughout Hong Kong, Macau, and mainland China. By June 30, 2021, it maintained a network of three sales locations in Hong Kong and 342 in mainland China, all branded as 3D-GOLD. Its business scope also encompasses holding trademarks, the wholesale and franchising of gold and jewelry products solely within mainland China, and the provision of management solutions. Furthermore, the company is active in rental property ownership, alongside offering design and subcontracting services for gold and jewelry articles. Established in 1991, its headquarters are located in Tsim Sha Tsui, Hong Kong.
Company Valuation
Based on key historical and expected multiples, the stock is fairly valued relative to its peers. In particular, the stock is 'expensive' on EV/EBITDA.