Zhong An Group Limited (0672) AI Stock Analysis

• Market Cap: HK$653.75M
• Dividend Yield: N/A
• Average Volume (3M): 1.49M
• Price to Earnings (P/E): 28.3
• Beta (1Y): 1.38
• Revenue Growth: -43.28%
• EPS Growth: -93.81%
• Country: HK
• Employees: 4,916
• Sector: Real Estate
• Sector Strength: 53
• Industry: Real Estate - Diversified
• EPS (TTM): 0.01
• Shares Outstanding: 5,635,809,600
• 10 Day Avg. Volume: 1,030,760
• 30 Day Avg. Volume: 1,493,820
• PEG Ratio: -0.30
• Price to Book (P/B): 0.06
• Price to Sales (P/S): 0.04
• P/FCF Ratio: 0.23
• 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: 52 Neutral
• Price Target: HK$0.12 ▲(12.73% Upside)

Zhong An Group's overall stock score is primarily impacted by its mixed financial performance and bearish technical indicators. The company's financial health is challenged by declining revenue and cash flow issues, while technical analysis shows a downtrend with oversold conditions. The high P/E ratio suggests potential overvaluation, further impacting the score.

Positive Factors

Improved Margins

The improvement in EBIT and EBITDA margins reflects better operational efficiency, which can enhance profitability and competitiveness over time.

Stable Asset Management

An improved equity ratio indicates better asset management and reduced liabilities, providing a stronger foundation for future growth.

Operational Efficiency

The slight improvement in net profit margin suggests enhanced operational efficiency, which can support long-term financial health.

Negative Factors

Revenue Decline

The decline in revenue growth poses a challenge to maintaining market competitiveness and could impact long-term financial stability.

Cash Flow Issues

The lack of free cash flow and operating cash flow indicates potential liquidity issues, which could constrain financial flexibility and growth.

Low Return on Equity

A low return on equity highlights challenges in generating significant returns for shareholders, which may affect investor confidence and capital attraction.

Zhong An Group Limited Business Overview & Revenue Model

Company Description

Zhong An Group Limited, together with its subsidiaries, engages in the property development, leasing, and hotel operations in Mainland China and Canada. It operates through two segments, Residential and Commercial. The Residential segment develops and sells residential properties; and provides property and project management, and other services to residential properties. The Commercial segment develops and sells commercial properties; leases investment properties; owns and operates hotels; and provides property and project management, and other services to commercial properties. The company is also involved in the hotel, theater, tourism, finance, asset, health, and securities management businesses, as well as education development, agricultural development, technology development, and energy investment businesses. In addition, it offers construction design, shipping, and corporate finance services. The company was formerly known as Zhong An Real Estate Limited and changed its name to Zhong An Group Limited in June 2019. Zhong An Group Limited was founded in 1997 and is headquartered in Hangzhou, the People's Republic of China.

How the Company Makes Money

Zhong An Group generates revenue through various streams, primarily from the sale and leasing of residential and commercial properties. The company profits from its real estate development projects, where it invests in land acquisition, construction, and marketing to deliver properties that meet consumer expectations. Additionally, recurring income is derived from rental agreements on its commercial properties, providing a steady cash flow. Strategic partnerships with local governments and construction firms enhance project execution and may offer additional financial incentives. The company also seeks to capitalize on market trends, such as sustainable development and smart property management, to attract buyers and tenants, further contributing to its earnings.

Zhong An Group Limited Financial Statement Overview

Summary

Zhong An Group exhibits a mixed financial performance. Improved margins in the income statement are overshadowed by declining revenue growth. The balance sheet shows stable asset management but low ROE, indicating efficiency challenges. Cash flow issues, with zero operating and free cash flow, suggest potential liquidity constraints. The company needs to enhance revenue streams and cash flow generation.

Income Statement

Zhong An Group's income statement indicates moderate financial health with some growth concerns. The company witnessed a decline in revenue growth, with a decrease of approximately 3.87% from 2023 to 2024 and a significant drop in gross profit margin to 16.4% in 2024 from 10.5% in 2023. However, the net profit margin improved slightly to 0.14% in 2024 from 3.31% in 2023. EBIT and EBITDA margins also showed improvement in 2024, indicating better operational efficiency. The company needs to address the revenue decline to maintain competitiveness.

Balance Sheet

The balance sheet of Zhong An Group displays a stable equity base with a debt-to-equity ratio of 0.8 in 2024. The equity ratio improved to 26.2% in 2024 from 21.0% in 2023, suggesting better asset management and a reduction in liabilities. Return on equity (ROE) remains low at 0.19% in 2024, highlighting challenges in generating significant returns for shareholders. The company maintains a strong asset base, which is promising for future growth.

Cash Flow

Zhong An Group's cash flow statement shows concerning trends with zero reported free cash flow and operating cash flow in 2024, indicating potential liquidity issues. The absence of free cash flow growth suggests challenges in generating cash from operations. The operating cash flow to net income ratio was not calculable due to the lack of operating cash flow data. Overall, the company needs to improve its cash generation ability to enhance financial stability.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	7.93B	13.93B	14.49B	9.25B	4.97B	7.44B
Gross Profit	799.23M	2.28B	1.53B	2.47B	1.48B	2.24B
EBITDA	429.22M	1.73B	729.55M	1.67B	402.76M	1.51B
Net Income	-10.31M	19.92M	479.44M	186.73M	73.13M	827.87M
Balance Sheet
Total Assets	31.01B	39.26B	48.57B	59.10B	57.24B	41.82B
Cash, Cash Equivalents and Short-Term Investments	977.98M	1.90B	886.71M	3.16B	5.37B	4.90B
Total Debt	6.74B	8.19B	8.63B	14.94B	17.18B	15.88B
Total Liabilities	18.61B	26.38B	35.61B	46.76B	45.31B	30.41B
Stockholders Equity	10.31B	10.27B	10.22B	9.48B	9.24B	9.13B
Cash Flow
Free Cash Flow	1.08B	2.48B	2.71B	414.10M	-397.32M	-6.75B
Operating Cash Flow	1.10B	2.54B	2.78B	546.30M	-268.89M	-6.68B
Investing Cash Flow	223.56M	475.12M	-25.90M	-919.98M	-1.33B	-4.91M
Financing Cash Flow	-697.03M	-1.99B	-4.97B	-1.88B	2.04B	8.36B

Zhong An Group Limited Technical Analysis

• Technical Analysis Sentiment: Neutral
• Last Price: 0.11
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For HK:0672, the sentiment is Neutral. The current price of 0.11 is below the 20-day moving average (MA) of 0.11, below the 50-day MA of 0.12, and below the 200-day MA of 0.13, indicating a neutral trend. The MACD of >-0.01 indicates Negative momentum. The RSI at 56.93 is Neutral, neither overbought nor oversold. The STOCH value of 71.05 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for HK:0672.

Zhong An Group Limited Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
Sector *	65 Neutral	$2.17B	12.19	3.79%	4.94%	3.15%	1.96%
0672	52 Neutral	HK$653.75M	28.29	0.21%	―	-43.28%	-93.81%
0251	50 Neutral	HK$812.87M	-3.63	-5.69%	3.85%	-1.26%	54.17%
0978	50 Neutral	HK$1.35B	-0.71	-20.96%	4.36%	-16.06%	-529.92%
0480	50 Neutral	HK$1.63B	-2.07	-3.56%	―	72.75%	25.44%
0488	41 Neutral	HK$842.93M	-0.29	-11.79%	―	-18.16%	21.78%
3377	39 Underperform	HK$1.15B	-0.16	-154.48%	―	-57.94%	45.77%

Zhong An Group Limited Corporate Events

Zhong An Group Adds Executive Director Shi Jinfan to Nomination Committee

Zhong An Group Limited, a Cayman Islands–incorporated company listed in Hong Kong, is overseen by a board comprising five executive directors and three independent non-executive directors, reflecting standard corporate governance practices for issuers on the Hong Kong Stock Exchange. The company has announced a change in the composition of its Nomination Committee, appointing executive director Ms. Shi Jinfan as a committee member with effect from 30 December 2025, a move that slightly reshapes the board’s governance framework and may influence future decisions on board appointments and leadership succession.

The most recent analyst rating on (HK:0672) stock is a Hold with a HK$0.12 price target. To see the full list of analyst forecasts on Zhong An Group Limited stock, see the HK:0672 Stock Forecast page.

Zhong An Group Sets Out Board and Committee Structure

Zhong An Group Limited has announced the composition of its board of directors, comprising five executive directors, including Chairman Shi Zhongan and Chief Executive Officer Zhang Jiangang, and three independent non-executive directors. The company has also detailed the structure of its four board committees—Audit, Remuneration, Nomination, and Governance—identifying the respective chairmen and members for each, moves that underscore its focus on formalized corporate governance and oversight as expected of a Hong Kong-listed entity and provide stakeholders with greater clarity on board responsibilities and accountability.

The most recent analyst rating on (HK:0672) stock is a Hold with a HK$0.12 price target. To see the full list of analyst forecasts on Zhong An Group Limited stock, see the HK:0672 Stock Forecast page.

Zhong An Group Tightens Governance With Updated Nomination Committee Mandate

Zhong An Group Limited has updated the terms of reference for its board Nomination Committee, a governance body composed of at least three directors, the majority of whom must be independent non-executive directors. The committee must also include at least one director of a different gender, with the chair to be either the board chairman or an independent non-executive director, and the company secretary serving as committee secretary. The revised framework, originally established in 2007 and now formally restated in both Chinese and English, strengthens the company’s corporate governance structure by clarifying the composition and appointment procedures of the Nomination Committee, reinforcing independence and gender diversity in board oversight and potentially enhancing transparency and confidence among investors and other stakeholders.

The most recent analyst rating on (HK:0672) stock is a Hold with a HK$0.12 price target. To see the full list of analyst forecasts on Zhong An Group Limited stock, see the HK:0672 Stock Forecast page.

Zhong An Group’s Share Disposal Agreement Lapses Without Impact

Zhong An Group Limited announced the lapse of a discloseable transaction involving the disposal of shares in a subsidiary through a Placing Agreement. The company reported that no shares were placed by the Placing Agent by the specified date, resulting in the lapse of the agreement. The board of directors stated that this non-completion will not have a material adverse impact on the company’s existing business operations or financial position.

The most recent analyst rating on (HK:0672) stock is a Hold with a HK$0.12 price target. To see the full list of analyst forecasts on Zhong An Group Limited stock, see the HK:0672 Stock Forecast page.

Zhong An Group Announces Share Placement Strategy

Zhong An Group Limited, through its subsidiary Zhong An Intelligent, is involved in the placement of shares as part of its financial strategy. The company has entered into a Placing Agreement to dispose of up to 37,000,000 shares of Zhong An Intelligent, representing approximately 7.15% of its total issued shares. This move is part of a broader strategy involving previous share placements and is classified as a discloseable transaction under the Listing Rules. The completion of this transaction is contingent upon certain conditions being met, and it will not affect Zhong An Intelligent’s status as a subsidiary of Zhong An Group Limited.

The most recent analyst rating on (HK:0672) stock is a Hold with a HK$0.12 price target. To see the full list of analyst forecasts on Zhong An Group Limited stock, see the HK:0672 Stock Forecast page.