China Pipe Group Limited (0380) AI Stock Analysis

• Market Cap: €199.84M
• Dividend Yield: N/A
• Average Volume (3M): 270.87K
• Price to Earnings (P/E): 2.4
• Beta (1Y): 0.82
• Revenue Growth: -1.35%
• EPS Growth: 28.48%
• Country: HK
• Employees: 174
• Sector: Basic Materials
• Sector Strength: 58
• Industry: Home Improvement
• EPS (TTM): 0.02
• Shares Outstanding: 1,332,266,000
• 10 Day Avg. Volume: 456,800
• 30 Day Avg. Volume: 270,866
• PEG Ratio: 0.03
• Price to Book (P/B): 0.14
• Price to Sales (P/S): 0.14
• P/FCF Ratio: 1.13
• 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: 72 Outperform
• Price Target: HK$0.16 ▲(6.67% Upside)

China Pipe Group Limited's strong financial performance and attractive valuation are the primary drivers of its overall score. The company's robust financial health, characterized by consistent revenue growth, solid profitability, and strong cash flow generation, positions it well for future growth. The low P/E ratio suggests potential undervaluation. Technical indicators present a neutral outlook, with no significant momentum in either direction.

Positive Factors

Cash Flow Generation

Strong cash flow growth supports operational flexibility and potential growth initiatives, ensuring the company can efficiently fund its operations and strategic projects.

Balance Sheet Health

A low debt-to-equity ratio highlights financial stability and prudent management, allowing the company to withstand economic fluctuations and invest in growth opportunities.

Profitability Margins

High profitability margins indicate robust operational efficiency, allowing the company to sustain competitive pricing and invest in innovation and quality improvements.

Negative Factors

Revenue Growth Trend

While revenue growth is positive, the modest increase suggests potential challenges in expanding market share or increasing demand in a competitive industry.

EBITDA Margin Decline

A decline in EBITDA margin indicates rising costs or pricing pressures, which could affect profitability if not managed effectively over the long term.

Revenue Growth

Negative revenue growth reflects challenges in maintaining sales momentum, potentially impacting long-term market position and financial performance.

China Pipe Group Limited Business Overview & Revenue Model

Company Description

China Pipe Group Limited (0380) is a leading manufacturer and supplier of steel pipes and related products in China. The company operates primarily in the industrial and construction sectors, providing a wide range of products, including seamless steel pipes, welded steel pipes, and pipe fittings. China Pipe Group Limited focuses on quality and innovation, catering to the needs of various industries such as oil and gas, water supply, and infrastructure development.

How the Company Makes Money

China Pipe Group Limited generates revenue through the sale of its steel pipe products to a diverse customer base, including wholesalers, distributors, and end-users in various sectors. The company's primary revenue streams come from the manufacturing and distribution of seamless and welded steel pipes, which are essential for construction and industrial applications. Additionally, the company may benefit from long-term contracts with key customers, providing stable revenue sources. Partnerships with construction and engineering firms also contribute to its earnings by ensuring a consistent demand for its products in large projects.

China Pipe Group Limited Financial Statement Overview

Summary

China Pipe Group Limited exhibits strong financial health with consistent revenue growth and solid profitability margins. The balance sheet is stable with low leverage and strong equity, while cash flow generation is robust, supporting operational and strategic flexibility. Monitoring cost pressures and maintaining margin stability will be crucial.

Income Statement

China Pipe Group Limited has demonstrated consistent revenue growth, with a 4.86% increase in the latest year. The company maintains strong profitability with a gross profit margin of 31.52% and a net profit margin of 11.13%. EBIT and EBITDA margins are also healthy at 11.79% and 12.05%, respectively. These metrics indicate robust operational efficiency and profitability, although the slight decline in EBITDA margin compared to the previous year suggests potential cost pressures.

Balance Sheet

The company's balance sheet is stable with a low debt-to-equity ratio of 0.14, indicating conservative leverage. Return on equity is solid at 10.68%, reflecting efficient use of equity to generate profits. The equity ratio stands at 78.82%, showcasing a strong equity base relative to total assets. Overall, the balance sheet reflects financial stability and prudent financial management.

Cash Flow

China Pipe Group Limited has shown significant improvement in cash flow, with a 26.95% growth in free cash flow. The operating cash flow to net income ratio is 0.57, indicating a healthy conversion of net income into cash. The free cash flow to net income ratio is high at 0.97, suggesting strong cash generation relative to net income. These metrics highlight the company's ability to generate cash efficiently, supporting its operations and potential growth initiatives.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	737.05M	783.50M	714.13M	636.53M	682.19M	497.30M
Gross Profit	231.96M	246.95M	194.65M	174.86M	195.76M	140.49M
EBITDA	84.94M	94.45M	101.35M	89.68M	97.76M	69.42M
Net Income	82.29M	87.22M	58.39M	49.22M	56.42M	20.15M
Balance Sheet
Total Assets	1.01B	1.04B	950.13M	902.37M	907.85M	815.73M
Cash, Cash Equivalents and Short-Term Investments	349.74M	387.75M	229.68M	254.00M	219.79M	190.83M
Total Debt	89.05M	116.48M	144.48M	154.38M	159.84M	177.60M
Total Liabilities	157.59M	219.79M	220.35M	230.70M	279.56M	254.51M
Stockholders Equity	849.70M	817.04M	729.78M	671.67M	623.10M	564.41M
Cash Flow
Free Cash Flow	142.84M	97.92M	32.31M	65.30M	5.52M	41.89M
Operating Cash Flow	145.09M	100.50M	40.51M	70.40M	6.37M	42.26M
Investing Cash Flow	-10.95M	-8.65M	-3.11M	-5.03M	-837.00K	771.00K
Financing Cash Flow	-60.16M	-37.84M	-14.37M	-29.74M	-23.17M	-13.52M

China Pipe Group Limited Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 0.15
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Positive
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For HK:0380, the sentiment is Negative. The current price of 0.15 is above the 20-day moving average (MA) of 0.15, above the 50-day MA of 0.15, and above the 200-day MA of 0.13, indicating a neutral trend. The MACD of >-0.01 indicates Negative momentum. The RSI at 47.81 is Neutral, neither overbought nor oversold. The STOCH value of 50.88 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for HK:0380.

China Pipe Group Limited Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
0380	72 Outperform	€199.84M	2.43	10.58%	―	-1.35%	28.48%
Sector *	61 Neutral	$10.43B	7.12	-0.05%	2.87%	2.86%	-36.73%
1757	56 Neutral	HK$756.00M	700.00	1.30%	―	78.48%	-33.33%
1870	55 Neutral	HK$439.29M	-13.32	-18.78%	―	-8.26%	-240.93%
0599	54 Neutral	HK$132.99M	-9.63	-5.29%	―	-19.61%	-384.80%
1459	49 Neutral	HK$141.34M	-11.94	-0.68%	7.55%	-33.92%	-94.74%
1559	39 Underperform	HK$149.53M	-1.52	-46.27%	―	-63.83%	36.12%

China Pipe Group Limited Corporate Events

China Pipe Group Limited Reports Interim Results for First Half of 2025

China Pipe Group Limited reported its unaudited interim results for the first half of 2025, showing a decrease in revenue to HK$327,849,000 from HK$374,299,000 in the same period of 2024. Despite the revenue decline, the company managed to achieve a profit of HK$32,471,000, down from HK$37,398,000 in 2024, indicating resilience in its operations amidst challenging market conditions.

China Pipe Group Schedules Board Meeting for Interim Results and Dividend Consideration

China Pipe Group Limited has announced that its board of directors will meet on August 27, 2025, to approve the interim results for the first half of the year and consider the payment of an interim dividend. This meeting could have significant implications for the company’s financial strategy and shareholder returns, impacting its market positioning and stakeholder interests.