Yip's Chemical Holdings Limited (HK:0408)
:0408
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Yip's Chemical Holdings
(0408)
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Rating:69Neutral
Price Target:
HK$2.50
▲(31.58% Upside)
Action:ReiteratedDate:03/31/26
The score is driven primarily by very attractive valuation (low P/E and high dividend yield) and supportive technical momentum (price above key moving averages, positive MACD). Offsetting these positives, financial performance is only moderate due to multi-year revenue pressure and weak/negative operating profitability, despite improved leverage and still-positive (but variable) free cash flow.
Positive Factors
Improving leverage and larger equity cushion
A materially lower debt-to-equity ratio and rising equity provide lasting financial flexibility, reduce refinancing risk and support capital spending or working-capital needs. This stronger capital structure makes the company more resilient to cyclical pressures in chemicals over the next 2–6 months.
Negative Factors
Multi-year revenue decline
Sustained top-line erosion signals structural demand or market-share challenges. Continued revenue declines constrain operating leverage, limit scope for margin expansion and reduce the buffer for fixed-cost absorption, raising medium-term execution risk.
Read all positive and negative factors
Positive Factors
Negative Factors
Improving leverage and larger equity cushion
A materially lower debt-to-equity ratio and rising equity provide lasting financial flexibility, reduce refinancing risk and support capital spending or working-capital needs. This stronger capital structure makes the company more resilient to cyclical pressures in chemicals over the next 2–6 months.
Read all positive factors
Yip's Chemical Holdings (0408) vs. iShares MSCI Hong Kong ETF (EWH)
Market Cap
HK$1.26B
Dividend Yield7.85%
Average Volume (3M)215.34K
Price to Earnings (P/E)7.8
Beta (1Y)0.37
Revenue Growth-5.37%
EPS Growth25.20%
CountryHK
Employees2,189
SectorBasic Materials
Sector Strength58
IndustryChemicals - Specialty
Share Statistics
EPS (TTM)0.13
Shares Outstanding562,714,100
10 Day Avg. Volume120,600
30 Day Avg. Volume215,336
Financial Highlights & Ratios
PEG Ratio0.16
Price to Book (P/B)0.27
Price to Sales (P/S)0.36
P/FCF Ratio14.20
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
Yip's Chemical Holdings Business Overview & Revenue Model
Company Description
Yip's Chemical Holdings Limited, an investment holding company, produces and sells petrochemical products in the People's Republic of China, Hong Kong, and internationally. It operates through Solvents, Coatings, Inks, Lubricants, and Properties s...
How the Company Makes Money
Yip’s Chemical makes money primarily by selling chemical products to industrial customers and capturing margin between its procurement/manufacturing costs and selling prices. Its revenue model typically combines: (1) Product sales from manufacturi...
Yip's Chemical Holdings Financial Statement Overview
Summary
Income Statement
52
Neutral
Balance Sheet
63
Positive
Cash Flow
57
Neutral
| Breakdown | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 2.99B | 3.16B | 3.22B | 3.36B | 3.99B |
| Gross Profit | 759.15M | 743.65M | 782.27M | 717.73M | 832.83M |
| EBITDA | 39.39M | 117.19M | 122.20M | 56.29M | 30.35M |
| Net Income | 137.41M | 96.88M | 86.62M | 1.22B | 406.28M |
Balance Sheet | |||||
| Total Assets | 6.84B | 6.08B | 6.42B | 8.01B | 10.42B |
| Cash, Cash Equivalents and Short-Term Investments | 782.80M | 594.38M | 854.25M | 1.09B | 783.35M |
| Total Debt | 1.28B | 1.24B | 1.44B | 2.22B | 2.28B |
| Total Liabilities | 2.68B | 2.26B | 2.50B | 3.55B | 5.69B |
| Stockholders Equity | 4.02B | 3.79B | 3.93B | 4.41B | 3.80B |
Cash Flow | |||||
| Free Cash Flow | 75.11M | 46.34M | 204.68M | 186.57M | -254.15M |
| Operating Cash Flow | 123.47M | 86.55M | 236.54M | 373.01M | 266.37M |
| Investing Cash Flow | 50.32M | 226.06M | 655.38M | 77.53M | -316.56M |
| Financing Cash Flow | -73.91M | -319.25M | -1.34B | -147.38M | 230.99M |
Yip's Chemical Holdings Technical Analysis
Positive
1.90
Price Trends
2.04
Positive
1.98
Positive
1.86
Positive
Market Momentum
0.06
Negative
62.41
Neutral
81.16
Negative
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For HK:0408, the sentiment is Positive. The current price of 1.9 is below the 20-day moving average (MA) of 2.16, below the 50-day MA of 2.04, and above the 200-day MA of 1.86, indicating a bullish trend. The MACD of 0.06 indicates Negative momentum. The RSI at 62.41 is Neutral, neither overbought nor oversold. The STOCH value of 81.16 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for HK:0408.
Yip's Chemical Holdings Peers Comparison
UnderperformOutperform
Sector (61)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
74 Outperform | HK$788.02M | 5.62 | 20.67% | 8.71% | 25.95% | 44.12% | |
69 Neutral | HK$1.26B | 7.76 | 3.36% | 7.85% | -5.37% | 25.20% | |
61 Neutral | $10.43B | 7.12 | -0.05% | 2.87% | 2.86% | -36.73% | |
56 Neutral | HK$809.06M | 20.68 | -1.56% | 5.55% | 0.37% | -331.54% | |
50 Neutral | HK$235.00M | -2.14 | -15.93% | ― | -25.21% | 12.04% | |
48 Neutral | HK$705.69M | -19.22 | -15.41% | ― | 0.35% | -153.95% | |
40 Underperform | HK$333.14M | -2.79 | -8.30% | ― | -24.13% | -27.54% |
* Basic Materials Sector Average
HK:0408
Yip's Chemical Holdings
2.24
0.96
75.41%
HK:0701
CNT Group Limited
0.18
-0.04
-18.60%
HK:1932
CPM Group Ltd.
0.24
0.02
10.33%
HK:1986
Tsaker New Energy Tech Co., Limited
0.84
0.23
37.70%
HK:0301
SANVO Fine Chemicals Group Limited
1.50
0.73
94.81%
HK:0640
Infinity Development Holdings Co. Ltd.
2.54
1.17
85.00%
Yip's Chemical Holdings Corporate Events
Yip’s Chemical Grants 2.05 Million Share Options to Staff and Directors
Mar 27, 2026
Yip’s Chemical Holdings has granted 2,050,000 share options under its 2022 Share Option Scheme to employees, including directors and senior managers, as part of a strategy to recognise and incentivise long-term contributions. The options car...
Yip’s Chemical Lifts 2025 Profit 42% on Margin Gains and Portfolio Shift
Mar 26, 2026
Yip’s Chemical Holdings reported 2025 revenue of HK$2.99 billion and sales volume of 240,000 metric tonnes, down 5.3% and 9.3% respectively amid global economic uncertainty and domestic slowdown. Despite the top-line pressure, gross profit m...
Yip’s Chemical Proposes HK$0.12 Final Dividend for FY2025
Mar 26, 2026
Yip’s Chemical Holdings Limited has proposed a final ordinary dividend of HKD 0.12 per share for the financial year ended 31 December 2025, with shareholder approval scheduled for 4 June 2026. Subject to approval, the stock will trade ex-div...
Yip’s Chemical Sets Board Meeting to Review 2025 Results and Dividend
Mar 13, 2026
Yip’s Chemical Holdings has scheduled a board meeting for 26 March 2026 to review and consider approval of the annual results for the year ended 31 December 2025. The board will also consider the possible declaration of dividends, a decision...
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.