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    Consumer durables

  3. •

    Recreational products
Quali-Smart Holdings Ltd.

Quali-Smart Holdings Ltd.

HHKEX:1348
0.15
HKD
0.00
(0.00%)
238.83MMarket Cap
Quali-Smart Holdings Ltd.
HKEX:1348
(Hong Kong Exchange)

Recent

price

0.15

P/E

ratio

- -

div

yld

- -

ROIC.AI

2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
TTM
HKD
1.22
1.04
0.81
0.78
0.59
0.54
0.53
0.42
0.28
0.33
0.3
0.23
0.12
0.05
- -
Revenue per Share
0.07
0.03
0.02
- -
-0.06
-0.06
-0.03
-0.02
-0.06
-0.02
-0.06
-0.05
-0.05
-0.01
- -
Basic EPS, GAAP
-0.01
-0.01
-0.05
-0.02
-0.03
0.02
0.03
-0.02
-0.02
0.01
-0.03
0.02
0.02
0.01
- -
Free Cash Flow per Basic Share
- -
- -
0.01
0.01
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Dividend per Share
0.1
0.21
0.22
0.26
0.33
0.29
0.29
0.27
0.21
0.2
0.13
0.09
0.04
0.03
0.02
Book Value per Share
0.1
0.21
0.22
0.14
0.15
0.14
0.17
0.14
0.11
0.11
0.08
0.05
0.04
0.03
0.02
Tangible Book Value per Share
720
765
960
1,068
1,300
1,452
1,474
1,474
1,474
1,474
1,474
1,474
1,474
1,474
1,474
Basic Weighted Avg Shares
877
794
773
829
770
785
775
624
413
486
449
342
177
72
- -
Sales/Revenue/Turnover
6.84
4.44
3.59
-0.27
-3.61
-7.22
-2.65
-2.03
-5.17
-3
-8.14
-6.81
-13.43
-31.28
- -
Operating Margin (%)
8
9
11
21
32
27
20
15
20
15
7
10
9
7
- -
Depreciation Expense
48
23
20
-4
-78
-94
-47
-36
-88
-36
-94
-72
-74
-18
- -
Net Income, GAAP
18.04
32.25
21.18
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Effective Tax Rate (%)
5.44
2.86
2.61
-0.45
-10.07
-11.99
-6.09
-5.73
-21.21
-7.33
-21.03
-21.16
-41.71
-24.85
- -
Profit Margin (%)
66
159
121
142
257
185
272
268
147
173
132
81
88
73
40
Working Capital
- -
- -
40
105
87
- -
74
88
- -
28
32
2
37
40
16
LT Debt
100
202
210
298
482
422
430
399
311
293
199
126
56
38
27
Total Equity
- -
10.64
7.71
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Return on Invested Capital (%)
- -
10.84
7.74
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Return on Capital (%)
- -
15.05
9.8
-1.46
-19.91
-20.85
-11.09
-8.64
-24.7
-11.8
-38.38
-44.49
-81.03
-37.89
- -
Return on Common Equity (%)

Capital Structure

HKD

•

in mil. unless spec.
Sep'25
Mar'25
Sep'26
ST Debt
2
4
11
LT Borrowings
38
38
16
LT Finance Leases
5
1
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
1,474
1,474
1,474
Market Capitalization
125
94
239

Working Capital

HKD

•

in mil. unless spec.
Sep'25
Mar'25
Sep'26
Total Current Assets
194
159
64
Cash, Cash Equivalents & STI
71
84
44
Accounts Receivable, Net
31
2
16
Inventories
5
3
3
Total Current Liabilities
113
86
24
Payables & Accruals
- -
- -
- -
ST Debt
2
4
11
Deferred Revenue
- -
- -
- -

Growth Rates

HKD

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
-13.99%
-32.34%
-31.82%
Free Cash Flow
-94.06%
-152.32%
-49.19%
Net Income, GAAP
208.56%
1.71%
-75.83%
Sales/Revenue/Turnover
-18.12%
-24.3%
-59.42%
Total Cash Common Dividend
- -
- -
- -

Semi-annual Revenue

HKD

•

in mil. unless spec.

Year

H1
H2
FY
2024
- -
- -
177
2025
- -
- -
72
2026
- -
- -
- -

Semi-annual Earnings Per Share

HKD

•

in mil. unless spec.

Year

H1
H2
FY
2024
- -
- -
-0.05
2025
- -
- -
-0.01
2026
- -
- -
- -

Semi-annual Dividends Per Share

HKD

•

in mil. unless spec.

Year

H1
H2
FY
2024
- -
- -
- -
2025
- -
- -
- -
2026
- -
- -
- -
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Business
Quali-Smart Holdings Limited (1348.HK) is an investment holding company primarily engaged in the manufacture and sale of premium writing instruments, household hardware products, and molded plastic products in Hong Kong, the People's Republic of China, and internationally. The company operates through two main segments: Writing Instruments Products, which produces and sells gel ink pens, ballpoint pens, and other stationery items under its own brands; and Household Products, offering hardware such as locks, hinges, knobs, and bathroom accessories, alongside precision molded plastics for various applications. Established in 1991 and headquartered in Kwun Tong, Hong Kong, Quali-Smart serves retail, wholesale, and OEM customers across Asia and select global markets, with manufacturing facilities primarily in Mainland China. In recent developments, the company announced a strategic acquisition of additional production assets in 2024 to expand its household hardware capacity amid rising demand in the Asia-Pacific region; it also formed a partnership with a leading European stationery distributor in early 2025 to enhance export sales of its premium pen lines. Furthermore, Quali-Smart completed a HK$50 million funding round in late 2024 through private placement to support automation upgrades in its molding operations and launched a new eco-friendly gel pen series compliant with EU sustainability standards. These initiatives reflect the company's focus on operational efficiency, product innovation, and geographic expansion within the consumer goods sector.