EverChina Int'l Holdings Company Ltd (0202) AI Stock Analysis

• Market Cap: HK$889.91M
• Dividend Yield: N/A
• Average Volume (3M): 690.90K
• Price to Earnings (P/E): 242.0
• Beta (1Y): 0.15
• Revenue Growth: N/A
• EPS Growth: N/A
• Country: HK
• Employees: 100
• Sector: Industrials
• Sector Strength: 72
• Industry: Conglomerates
• EPS (TTM): >-0.01
• Shares Outstanding: 7,294,369,000
• 10 Day Avg. Volume: 188,000
• 30 Day Avg. Volume: 690,900
• PEG Ratio: 0.16
• Price to Book (P/B): 0.54
• Price to Sales (P/S): 5.33
• P/FCF Ratio: -3.38
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 42 Neutral
• Price Target: HK$0.12 ▼(-1.67% Downside)

The overall stock score is primarily influenced by weak financial performance, characterized by profitability and cash flow challenges. Technical analysis indicates neutral momentum, while valuation concerns arise from a high P/E ratio. The absence of earnings call data and corporate events does not impact the score.

Positive Factors

Diversified revenue streams

A diversified business model across property development, financial services, and commodity trading reduces concentration risk and provides multiple cash inflows. This structural diversity can stabilize revenue cycles, enable cross-selling, and support recovery efforts over the medium term.

Manageable leverage

Moderate indebtedness preserves financial flexibility and limits interest burden, improving resilience to cyclical downturns in property markets. With lower leverage, the company has greater capacity to refinance or fund operations, which supports stability over the next several months.

Healthy equity ratio / asset base

A strong asset base provides collateral and latent value that can be monetized or used for secured borrowing. For a real-estate-focused conglomerate, robust equity backing enhances credit access and supports project development and liquidity management over a multi-month horizon.

Negative Factors

Negative operating cash flow

Sustained negative operating cash flow and falling free cash flow impair the firm's ability to fund operations internally and increase reliance on external financing. Over 2-6 months this weakens liquidity, constrains investment capacity, and raises refinancing and solvency risks.

Persistent unprofitable operations

Negative EBIT and net margins indicate that core business activities fail to generate operating profits despite revenue recovery. This structural lack of profitability undermines reinvestment and value creation, limiting sustainable growth and making recovery dependent on operational fixes.

Negative return on equity

A negative ROE means shareholder capital is not earning positive returns, signaling deep inefficiencies in converting assets into profits. Persisting ROE weakness can erode investor confidence, hamper capital-raising, and necessitate strategic restructuring to restore long-term viability.

EverChina Int'l Holdings Company Ltd Business Overview & Revenue Model

Company Description

EverChina Int'l Holdings Company Limited, an investment holding company, primarily engages in the property investment and hotel operations in the People's Republic of China and Bolivia. It operates through Property Investment Operation, Hotel operation, Agricultural Operation, Securities Investment and Financing Operation, and Resources segments. The company is involved in the leasing of commercial premises, as well as car parking space rental; mining and production of manganese products; securities investment and financing operations; and provision of corporate management services. It also engages in the raising and sale of cattle, as well as agricultural farming activities; and sale of soybean, corn, and rice. The company was formerly known as Interchina Holdings Company Limited and changed its name to EverChina Int'l Holdings Company Limited in February 2014. EverChina Int'l Holdings Company Limited is based in Wan Chai, Hong Kong.

How the Company Makes Money

EverChina generates revenue through several key streams, including income from property sales and leasing, commissions from financial services, and profits from commodity trading. The company capitalizes on its property development projects by selling residential and commercial units, which provides a significant portion of its earnings. Its financial services arm offers solutions such as investment management and advisory services, contributing to its revenue through service fees and commissions. Furthermore, EverChina engages in the trading of commodities, which allows it to benefit from price fluctuations and trade margins. Strategic partnerships with local developers and financial institutions also enhance its market presence and revenue potential.

EverChina Int'l Holdings Company Ltd Financial Statement Overview

Summary

EverChina Int'l Holdings Company Ltd shows signs of revenue recovery but struggles with profitability and cash flow management. The balance sheet is relatively stable, but inefficiencies in generating returns and negative cash flows pose significant risks. The company needs to improve operational efficiency and cash flow generation to enhance financial health.

Income Statement

The company shows a significant revenue growth rate of 134.51% in the latest period, indicating potential recovery. However, profitability remains a concern with negative net profit and EBIT margins, suggesting ongoing operational challenges. The gross profit margin is relatively stable but not enough to offset the high net losses.

Balance Sheet

The debt-to-equity ratio is moderate at 0.39, indicating manageable leverage. However, the return on equity is negative, reflecting poor profitability. The equity ratio is healthy, suggesting a strong asset base relative to equity, but the negative ROE highlights inefficiencies in generating returns.

Cash Flow

The company faces challenges with negative operating cash flow and declining free cash flow growth. The free cash flow to net income ratio is positive, indicating some ability to cover net losses, but overall cash flow health is weak, impacting liquidity and financial flexibility.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	108.18M	108.18M	102.48M	117.78M	149.35M	127.09M
Gross Profit	22.47M	48.26M	45.48M	47.22M	66.14M	32.70M
EBITDA	8.21M	-14.88M	-236.13M	-185.64M	-189.22M	-26.15M
Net Income	-40.21M	-40.21M	-319.85M	-196.54M	-233.39M	-135.06M
Balance Sheet
Total Assets	1.61B	1.61B	1.56B	2.56B	2.90B	3.14B
Cash, Cash Equivalents and Short-Term Investments	312.62M	312.62M	24.92M	716.85M	708.83M	753.69M
Total Debt	413.55M	413.55M	248.07M	285.89M	266.91M	40.76M
Total Liabilities	515.07M	515.07M	395.90M	1.04B	1.06B	1.12B
Stockholders Equity	1.07B	1.07B	1.14B	1.49B	1.81B	1.98B
Cash Flow
Free Cash Flow	-170.50M	-170.50M	-61.93M	5.80M	77.16M	-62.31M
Operating Cash Flow	-38.95M	-38.95M	-57.56M	11.32M	84.32M	-36.98M
Investing Cash Flow	259.95M	192.57M	64.00M	1.93M	-7.77M	-8.20M
Financing Cash Flow	166.97M	135.92M	-38.82M	8.16M	-69.06M	62.32M

EverChina Int'l Holdings Company Ltd Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 0.12
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Positive
• RSI: Neutral
• STOCH: Positive

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For HK:0202, the sentiment is Negative. The current price of 0.12 is below the 20-day moving average (MA) of 0.13, below the 50-day MA of 0.13, and below the 200-day MA of 0.12, indicating a bearish trend. The MACD of >-0.01 indicates Positive momentum. The RSI at 36.97 is Neutral, neither overbought nor oversold. The STOCH value of 18.33 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for HK:0202.

EverChina Int'l Holdings Company Ltd Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
Sector *	63 Neutral	$10.79B	15.43	7.44%	2.01%	2.89%	-14.66%
8162	60 Neutral	HK$477.74M	9.15	42.14%	―	-11.49%	85.40%
8227	51 Neutral	HK$406.09M	―	―	―	―	―
0132	47 Neutral	HK$342.47M	133.33	-4.32%	2.45%	-1.50%	-96.83%
1468	45 Neutral	HK$215.36M	-1.02	-18.50%	―	-19.10%	83.61%
0202	42 Neutral	HK$889.91M	242.00	0.60%	―	―	―
1282	41 Neutral	HK$505.00M	-1.36	-4.03%	―	55.27%	68.84%

EverChina Int'l Holdings Company Ltd Corporate Events

EverChina Extends Property Delivery Date and Further Delays Circular for Major Connected Deal

EverChina Int’l Holdings Company Limited has agreed with the vendor of a connected property acquisition to extend the delivery and title transfer date for the property from 31 December 2025 to 31 March 2026, or a later date subject to mutual agreement, due to the vendor requiring more time to complete construction. As a result of additional time needed to finalize the valuation report for the deal, the company will also further delay sending the shareholder circular detailing the acquisition and related independent advice, moving the expected despatch date to on or before 31 January 2026, thereby pushing back the timetable for shareholder review and approval of this major transaction.

The most recent analyst rating on (HK:0202) stock is a Hold with a HK$0.14 price target. To see the full list of analyst forecasts on EverChina Int’l Holdings Company Ltd stock, see the HK:0202 Stock Forecast page.

EverChina Int’l Holdings Announces New Board Composition

EverChina Int’l Holdings Company Ltd has announced a new composition of its board of directors, effective from December 5, 2025. The board includes both executive and independent non-executive directors, with Mr. Jiang Xiao Heng Jason serving as Chairman. The announcement also details the membership of three board committees, highlighting the roles of various directors within these committees. This restructuring could impact the company’s governance and strategic direction, potentially influencing its market positioning and stakeholder relations.

The most recent analyst rating on (HK:0202) stock is a Hold with a HK$0.14 price target. To see the full list of analyst forecasts on EverChina Int’l Holdings Company Ltd stock, see the HK:0202 Stock Forecast page.

Leadership Transition at EverChina Int’l Holdings

EverChina Int’l Holdings Company Limited, a company incorporated in Hong Kong, has announced a significant change in its leadership. Mr. Jiang Zhaobai has resigned from his position as non-executive director and chairman of the board due to other business commitments. He will be succeeded by his son, Mr. Jiang Xiao Heng Jason, who has been with the company since 2012 and has extensive experience in real estate and IT investments. This leadership transition is expected to guide the company through its next phase of development, with Mr. Jiang Xiao Heng Jason holding a substantial shareholding in the company.

The most recent analyst rating on (HK:0202) stock is a Hold with a HK$0.14 price target. To see the full list of analyst forecasts on EverChina Int’l Holdings Company Ltd stock, see the HK:0202 Stock Forecast page.

EverChina Announces Further Delay in Acquisition Circular Dispatch

EverChina Int’l Holdings Company Ltd announced a further delay in the dispatch of a circular related to a significant property acquisition, which is a major and connected transaction under the listing rules. The delay, now extending to on or before December 31, 2025, is due to the need for additional time to finalize information, potentially impacting shareholder decision-making and the company’s transaction timeline.

The most recent analyst rating on (HK:0202) stock is a Hold with a HK$0.12 price target. To see the full list of analyst forecasts on EverChina Int’l Holdings Company Ltd stock, see the HK:0202 Stock Forecast page.

EverChina Reports Revenue Growth Amid Reduced Losses

EverChina Int’l Holdings Company Ltd reported a significant increase in revenue by 61% to approximately HK$74,282,000 for the six months ended 30 September 2025, compared to the same period in 2024. Despite this growth, the company still faced a loss of HK$23,626,000, although this represents a 65% reduction in losses from the previous year. The board decided not to recommend an interim dividend, and there was a slight decrease in total equity and net assets per share. These financial results indicate a positive trend in revenue growth, but ongoing challenges in achieving profitability.

The most recent analyst rating on (HK:0202) stock is a Hold with a HK$0.12 price target. To see the full list of analyst forecasts on EverChina Int’l Holdings Company Ltd stock, see the HK:0202 Stock Forecast page.

EverChina Int’l Holdings Announces Upcoming Board Meeting for Interim Results

EverChina Int’l Holdings Company Limited has scheduled a board meeting on November 27, 2025, to approve the interim results for the six months ending September 30, 2025, and discuss the declaration of an interim dividend. This meeting is significant as it will provide insights into the company’s financial performance and potential shareholder returns, impacting its market positioning and stakeholder interests.

EverChina Int’l Holdings Faces Further Delay in Transaction Circular Dispatch

EverChina Int’l Holdings Company Limited has announced a further delay in the dispatch of a circular related to a major and connected transaction involving the acquisition of a property. Initially expected by 31 October 2025, the circular’s dispatch has been postponed to on or before 1 December 2025 due to the need for additional time to finalize certain information. This delay may impact shareholder decision-making and reflects ongoing challenges in completing the transaction.