Dongyue Group Limited (HK:0189)
:0189
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Dongyue Group Limited
(0189)
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Rating:72Outperform
Price Target:
HK$13.50
▲(24.31% Upside)
Action:UpgradedDate:04/27/26
The score is primarily driven by strong financial performance—especially the exceptionally conservative balance sheet and the 2025 profitability and free-cash-flow rebound. This is tempered by a neutral technical picture (slightly negative MACD, otherwise neutral momentum) and only moderate valuation support due to a low dividend yield despite a reasonable P/E.
Positive Factors
Conservative balance sheet
Extremely low leverage (debt-to-equity ~0.2%) gives durable downside protection and capacity to fund capex, absorb cyclical shocks or pursue opportunistic investments without forcing asset sales or heavy external financing, supporting long-term resilience.
Negative Factors
Weak top-line growth
Persistent flat-to-down revenue limits economies of scale and constrains operating leverage over the medium term. Without sustained volume or higher-value mix growth, margin gains may be harder to maintain and reinvestment priorities may be strained.
Read all positive and negative factors
Positive Factors
Negative Factors
Conservative balance sheet
Extremely low leverage (debt-to-equity ~0.2%) gives durable downside protection and capacity to fund capex, absorb cyclical shocks or pursue opportunistic investments without forcing asset sales or heavy external financing, supporting long-term resilience.
Read all positive factors
Dongyue Group Limited (0189) vs. iShares MSCI Hong Kong ETF (EWH)
Market Cap
HK$21.59B
Dividend Yield0.98%
Average Volume (3M)14.24M
Price to Earnings (P/E)10.2
Beta (1Y)1.13
Revenue Growth1.21%
EPS Growth108.04%
CountryHK
Employees6,922
SectorBasic Materials
Sector Strength58
IndustryChemicals
Share Statistics
EPS (TTM)0.56
Shares Outstanding1,732,711,700
10 Day Avg. Volume20,413,382
30 Day Avg. Volume14,237,343
Financial Highlights & Ratios
PEG Ratio0.10
Price to Book (P/B)1.13
Price to Sales (P/S)1.16
P/FCF Ratio7.98
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
HK$16.84Price Target Upside55.06% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering5
EPS Forecast (FY)1.37
Revenue Forecast (FY)HK$15.63B
Dongyue Group Limited Business Overview & Revenue Model
Company Description
Dongyue Group Limited, an investment holding company, manufactures, distributes, and sells polymers, organic silicone, refrigerants, dichloromethane, polyvinyl chloride (PVC), liquid alkali, and other products in the People's Republic of China. Th...
How the Company Makes Money
Dongyue Group primarily makes money by manufacturing chemicals and materials and selling them to downstream industrial customers. Its key revenue streams typically include: (1) Fluoropolymer products: sales of fluoropolymer resins and related mate...
Dongyue Group Limited Financial Statement Overview
Summary
Income Statement
74
Positive
Balance Sheet
92
Very Positive
Cash Flow
70
Positive
| Breakdown | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 13.98B | 14.18B | 14.49B | 20.03B | 15.84B |
| Gross Profit | 4.31B | 3.07B | 2.44B | 6.51B | 5.22B |
| EBITDA | 3.54B | 2.37B | 1.87B | 4.62B | 3.81B |
| Net Income | 1.60B | 810.80M | 707.79M | 3.86B | 2.07B |
Balance Sheet | |||||
| Total Assets | 23.57B | 20.94B | 21.95B | 24.64B | 21.60B |
| Cash, Cash Equivalents and Short-Term Investments | 5.02B | 2.75B | 3.13B | 5.45B | 5.25B |
| Total Debt | 33.81M | 26.44M | 32.05M | 43.63M | 664.26M |
| Total Liabilities | 3.40B | 3.47B | 5.01B | 6.15B | 5.96B |
| Stockholders Equity | 14.38B | 12.11B | 14.79B | 16.08B | 13.12B |
Cash Flow | |||||
| Free Cash Flow | 2.04B | 278.14M | -536.56M | 1.24B | -43.38M |
| Operating Cash Flow | 3.71B | 2.07B | 1.38B | 5.08B | 3.91B |
| Investing Cash Flow | -1.56B | -1.50B | -2.63B | -2.91B | -4.09B |
| Financing Cash Flow | 385.76M | -648.37M | -1.51B | -1.96B | 999.52M |
Dongyue Group Limited Technical Analysis
Neutral
10.86
Price Trends
12.33
Negative
11.63
Positive
11.46
Positive
Market Momentum
-0.12
Negative
47.08
Neutral
61.69
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For HK:0189, the sentiment is Neutral. The current price of 10.86 is below the 20-day moving average (MA) of 11.49, below the 50-day MA of 12.33, and below the 200-day MA of 11.46, indicating a neutral trend. The MACD of -0.12 indicates Negative momentum. The RSI at 47.08 is Neutral, neither overbought nor oversold. The STOCH value of 61.69 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for HK:0189.
Dongyue Group Limited Peers Comparison
UnderperformOutperform
Sector (61)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
74 Outperform | HK$10.49B | -30.98 | -11.33% | ― | 77.67% | -259.39% | |
72 Outperform | HK$21.59B | 10.18 | 11.90% | 0.98% | 1.21% | 108.04% | |
69 Neutral | HK$4.11B | 7.74 | 6.29% | 6.70% | -4.96% | 15.75% | |
61 Neutral | $10.43B | 7.12 | -0.05% | 2.87% | 2.86% | -36.73% | |
59 Neutral | HK$1.24B | 7.69 | 7.36% | 2.20% | -7.41% | 65.65% | |
55 Neutral | HK$6.24B | 8.07 | 7.70% | ― | -5.68% | -25.13% | |
54 Neutral | HK$15.28B | 154.69 | 0.46% | 1.16% | -17.38% | 224.44% |
* Basic Materials Sector Average
HK:0189
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13.04
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Dongyue Group Limited Corporate Events
Dongyue Group Sets 2026 AGM to Approve Dividend and Share-Issue Mandate
Apr 23, 2026
Dongyue Group Limited has called its annual general meeting for 4 June 2026 in Hong Kong, where shareholders will vote on routine governance matters including adoption of the 2025 audited financial statements, re-election of two executive director...
Dongyue Group Discloses Unaudited Q1 2026 Results of Organosilicon Subsidiary
Apr 22, 2026
Dongyue Group Limited has disclosed key unaudited first-quarter 2026 financial figures for its Shenzhen-listed subsidiary Shandong Dongyue Organosilicon Materials. The unit reported total assets of RMB 6.27 billion, owners’ equity of RMB 5.1...
Dongyue Subsidiary Forecasts Fourfold Profit Surge in First Quarter of 2026
Apr 7, 2026
Dongyue Group has disclosed that its non-wholly owned subsidiary, Shandong Dongyue Organosilicone Materials, listed on ChiNext in Shenzhen, expects a sharp rebound in profitability for the quarter ended 31 March 2026. The subsidiary estimates net ...
Dongyue Group Corrects Dividend Payment Date in 2025 Results Clarification
Mar 26, 2026
Dongyue Group Limited has issued a clarification regarding its previously announced annual results for the year ended 31 December 2025, specifically correcting the payment date of its proposed final dividend. The company stated that the dividend w...
Dongyue Group Doubles Profit in 2025 and Triples Final Dividend
Mar 25, 2026
Dongyue Group Limited reported largely stable revenue of RMB 14.36 billion for 2025, but delivered a sharp improvement in profitability as gross profit rose to RMB 4.42 billion and gross margin widened to 30.81% from 21.62%. Profit attributable to...
Dongyue Group Declares HKD 0.30 Final Dividend for FY2025
Mar 25, 2026
Dongyue Group Limited has declared a final ordinary cash dividend of HKD 0.30 per share for the financial year ended 31 December 2025, subject to shareholder approval at a meeting scheduled for 4 June 2026. The dividend will be paid in Hong Kong d...
Dongyue Group Sets March 25 Board Meeting to Approve 2025 Results and Consider Dividend
Mar 4, 2026
Dongyue Group Limited has announced that its board of directors will convene on 25 March 2026 to review and approve the audited annual results for the financial year ended 31 December 2025. The meeting will also consider the declaration of a final...
Dongyue Group Flags Profit Surge on Strong Refrigerant Prices and Cost Controls
Feb 10, 2026
Dongyue Group Limited has issued a positive profit alert, indicating that profit attributable to shareholders for the year ended 31 December 2025 is expected to more than double compared with 2024. The improvement is mainly driven by substantial p...
Dongyue Subsidiary Warns of Expected 2025 Net Loss
Jan 28, 2026
Dongyue Group Limited has disclosed that its non-wholly owned subsidiary, Shandong Dongyue Organosilicone Materials Co., Ltd., expects to report a net loss of between RMB13.7 million and RMB25.4 million for the year ending 31 December 2025, with 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.