China Agri-Products Exchange Limited (HK:0149)
:0149
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China Agri-Products Exchange Limited
(0149)
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Rating:52Neutral
Price Target:
HK$0.06
▼(-20.00% Downside)
Action:ReiteratedDate:03/14/26
The score is primarily driven by middling financial performance (strong gross margins but weak net profitability, low ROE, and volatile cash flow) and weak technical momentum (price below key moving averages with negative MACD). Valuation is also a headwind due to a relatively high P/E without a provided dividend yield to offset risk.
Positive Factors
Strong gross margins
Sustained strong gross margins indicate durable product-level economics and pricing or sourcing advantages. This margin buffer supports reinvestment in platform technology, logistics and service expansion, and helps absorb commodity price swings, preserving long-term operating flexibility.
Negative Factors
Low net profitability and weak ROE
Low net margin and weak ROE show the business is not efficiently converting revenue and gross profits into shareholder returns. This limits internal capital for growth, weakens ability to fund technology or logistics expansion organically, and raises sensitivity to cost or volume shocks.
Read all positive and negative factors
Positive Factors
Negative Factors
Strong gross margins
Sustained strong gross margins indicate durable product-level economics and pricing or sourcing advantages. This margin buffer supports reinvestment in platform technology, logistics and service expansion, and helps absorb commodity price swings, preserving long-term operating flexibility.
Read all positive factors
China Agri-Products Exchange Limited (0149) vs. iShares MSCI Hong Kong ETF (EWH)
Market Cap
HK$666.86M
Dividend YieldN/A
Average Volume (3M)5.36M
Price to Earnings (P/E)27.0
Beta (1Y)0.31
Revenue Growth-24.15%
EPS Growth-50.00%
CountryHK
Employees933
SectorReal Estate
Sector Strength53
IndustryReal Estate - Diversified
Share Statistics
EPS (TTM)<0.01
Shares Outstanding9,953,068,000
10 Day Avg. Volume5,576,233
30 Day Avg. Volume5,358,488
Financial Highlights & Ratios
PEG Ratio3.65
Price to Book (P/B)0.25
Price to Sales (P/S)0.77
P/FCF Ratio6.30
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
China Agri-Products Exchange Limited Business Overview & Revenue Model
Company Description
China Agri-Products Exchange Limited (0149) is a leading agricultural products trading platform in China, focusing on the exchange and distribution of a wide range of agricultural commodities. The company operates in the agribusiness sector, facil...
How the Company Makes Money
The company generates revenue primarily through transaction fees charged for each trade facilitated on its platform. Additionally, it earns income from the sale of agricultural products, as well as from value-added services such as logistics and s...
China Agri-Products Exchange Limited Financial Statement Overview
Summary
Income Statement
55
Neutral
Balance Sheet
60
Neutral
Cash Flow
50
Neutral
| Breakdown | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Dec 2019 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 530.76M | 698.39M | 596.40M | 868.68M | 650.53M |
| Gross Profit | 531.14M | 462.55M | 330.76M | 456.19M | 351.81M |
| EBITDA | 121.21M | 284.57M | 137.34M | 228.40M | 164.43M |
| Net Income | 7.83M | 7.35M | 18.50M | 37.04M | 489.60M |
Balance Sheet | |||||
| Total Assets | 4.23B | 4.64B | 4.92B | 5.49B | 5.58B |
| Cash, Cash Equivalents and Short-Term Investments | 181.73M | 283.52M | 312.79M | 440.44M | 424.80M |
| Total Debt | 1.15B | 1.35B | 1.43B | 1.51B | 1.40B |
| Total Liabilities | 2.21B | 2.57B | 2.79B | 3.14B | 3.38B |
| Stockholders Equity | 1.63B | 1.68B | 1.74B | 1.94B | 1.81B |
Cash Flow | |||||
| Free Cash Flow | 64.76M | 139.55M | 45.56M | 140.92M | 301.75M |
| Operating Cash Flow | 83.35M | 161.47M | 63.53M | 160.22M | 321.69M |
| Investing Cash Flow | 100.97M | -30.90M | -10.52M | -105.66M | -21.29M |
| Financing Cash Flow | -264.00M | -194.01M | -145.64M | -43.83M | -243.04M |
China Agri-Products Exchange Limited Technical Analysis
Neutral
0.08
Price Trends
0.07
Negative
0.07
Negative
0.07
Negative
Market Momentum
>-0.01
Negative
53.92
Neutral
91.11
Negative
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For HK:0149, the sentiment is Neutral. The current price of 0.08 is above the 20-day moving average (MA) of 0.06, above the 50-day MA of 0.07, and above the 200-day MA of 0.07, indicating a neutral trend. The MACD of >-0.01 indicates Negative momentum. The RSI at 53.92 is Neutral, neither overbought nor oversold. The STOCH value of 91.11 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for HK:0149.
China Agri-Products Exchange Limited Peers Comparison
UnderperformOutperform
Sector (65)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
65 Neutral | $2.17B | 12.19 | 3.79% | 4.94% | 3.15% | 1.96% | |
52 Neutral | HK$666.86M | 27.04 | 0.25% | ― | -24.15% | -50.00% | |
48 Neutral | HK$215.85M | -1.08 | -12.36% | ― | -0.09% | 37.33% | |
47 Neutral | HK$512.86M | -0.62 | -0.10% | ― | -43.28% | -93.81% | |
45 Neutral | HK$1.13B | -0.55 | -32.15% | 4.36% | -16.06% | -529.92% | |
44 Neutral | HK$146.62M | -0.97 | -19.00% | ― | -21.32% | -715.30% | |
43 Neutral | HK$149.53M | -0.77 | -48.27% | ― | -75.15% | 23.12% |
* Real Estate Sector Average
HK:0149
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China Agri-Products Exchange Limited Corporate Events
China Agri-Products Exchange Reshapes Board Roles with Director Re-Designation
Jan 2, 2026
China Agri-Products Exchange Limited has re-designated executive director Ms. Luo Xu Ying as a non-executive director effective 2 January 2026, reflecting a shift in her role from day-to-day management to a more oversight-focused capacity. In conj...
China Agri-Products Exchange Outlines Board and Committee Structure
Jan 2, 2026
China Agri-Products Exchange Limited has announced the current composition of its board of directors, comprising three executive directors, one non-executive director and three independent non-executive directors, with Chairman Mr. Tang Ching Ho a...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.