Beijing Jingkelong Co. Ltd. Class H (0814) AI Stock Analysis

• Market Cap: HK$125.73M
• Dividend Yield: N/A
• Average Volume (3M): 232.70K
• Price to Earnings (P/E): ―
• Beta (1Y): 0.53
• Revenue Growth: -8.17%
• EPS Growth: -49.53%
• Country: HK
• Employees: 1,436
• Sector: Consumer Cyclical
• Sector Strength: 84
• Industry: Specialty Retail
• EPS (TTM): -0.28
• Shares Outstanding: 182,160,000
• 10 Day Avg. Volume: 85,300
• 30 Day Avg. Volume: 232,700
• PEG Ratio: >-0.01
• Price to Book (P/B): 0.09
• Price to Sales (P/S): 0.01
• P/FCF Ratio: 0.50
• 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: 44 Neutral
• Price Target: HK$0.50 ▲(56.25% Upside)
• Action: Reiterated Date: 10/23/25
• Date: Action: Reiterated 10/23/25

The overall stock score of 44 reflects significant financial challenges, including declining revenues and profitability issues, which are the most impactful factors. Technical analysis provides a mixed outlook with some longer-term support, but valuation remains a concern due to the negative P/E ratio and lack of dividend yield. The absence of earnings call and corporate events data means these factors do not influence the score.

Positive Factors

Market Position

A strong market presence in Beijing provides a competitive edge and stable customer base, supporting long-term revenue potential.

Business Model

A diversified revenue model with both physical and online sales channels enhances resilience and adaptability to market changes.

Asset Base

A sizable asset base provides a buffer against financial instability and potential leverage for future growth opportunities.

Negative Factors

Revenue Decline

Continuous revenue decline indicates weakening market demand or competitive pressures, threatening long-term business sustainability.

High Leverage

High leverage increases financial risk, potentially limiting operational flexibility and increasing vulnerability to economic downturns.

Cash Flow Issues

Negative cash flow restricts the company's ability to invest in growth, manage debt, and sustain operations, posing long-term viability concerns.

Beijing Jingkelong Co. Ltd. Class H Business Overview & Revenue Model

Company Description

Beijing Jingkelong Company Limited engages in the retail and wholesale distribution of daily consumer products in the People's Republic of China. It operates through three segments: Retailing, Wholesaling, and Others. The company is involved in the operation of hypermarkets, supermarkets, convenience stores, and department stores. It distributes food products, untagged food products, daily necessities, drinks and cigarettes, beverages, hardware products, and household appliances. The company also provides plastic packing products; hotel services; and school training services. In addition, it engages in installation and maintenance of commercial equipment; training of shop assistant; wholesale of package service, packed food, and storage service; warehousing business; general freight business; the provision of domestic conference and exhibition display services; import and export of goods and technology; and operating an import and export agent. Further, the company is involved in the wholesale of consumer sanitary products, edible oil, knitting textiles, clothing, cosmetics, chemical products, medical equipment, and electronic products; production of roasted seeds and nuts, candied fruits, and other fruits; fruit, nut, and vegetable processing; convenience and other food manufacturing; and provision of road general cargo transportation services. As of December 31, 2021, it operated 161 retail outlets. The company was founded in 1994 and is based in Beijing, the People's Republic of China.

How the Company Makes Money

Beijing Jingkelong generates revenue primarily through the sale of consumer goods in its retail outlets. The company earns money by purchasing products from wholesalers and manufacturers at wholesale prices and selling them at retail prices, thus benefiting from the markup. Key revenue streams include in-store sales, online sales through e-commerce platforms, and promotional activities that drive customer traffic. Additionally, Jingkelong may benefit from partnerships with suppliers and brands, which can provide exclusive products or promotional support, further enhancing its revenue potential. The company's loyalty programs and membership services also contribute to customer retention and increased sales volume.

Beijing Jingkelong Co. Ltd. Class H Financial Statement Overview

Summary

Beijing Jingkelong Co. Ltd. faces significant financial challenges across its income statement, balance sheet, and cash flow. Declining revenues, profitability issues, high leverage, and weak cash flow generation present substantial risks. The company needs to address operational inefficiencies, manage debt levels prudently, and improve cash flow generation to support future growth and stability.

Income Statement

The company has been experiencing declining revenue over the past several years, with a significant drop from 2020 to 2024. The gross profit margin has decreased, coupled with negative net income in recent years, indicating profitability challenges. The EBIT and EBITDA margins have also been under pressure, turning negative in the latest period, reflecting operational inefficiencies and potential cost management issues.

Balance Sheet

The company's balance sheet shows a high debt-to-equity ratio, indicating significant leverage and potential risk if earnings do not improve. The equity ratio is relatively low, and the declining stockholders' equity highlights financial strain. However, the company maintains a sizable asset base, which could provide some stability.

Cash Flow

Cash flow performance is concerning, with operating cash flow turning negative in recent periods and no free cash flow generation in the latest year. The lack of positive cash flow generation limits the company's flexibility in managing its operations and financing activities. The inability to convert income into cash flow is a critical weakness.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	9.06B	9.63B	9.47B	9.54B	11.06B	11.98B
Gross Profit	1.64B	1.76B	1.93B	2.02B	2.09B	2.23B
EBITDA	44.38M	80.17M	229.21M	255.54M	313.81M	354.67M
Net Income	-178.17M	-160.67M	-75.68M	-92.55M	-22.47M	54.66M
Balance Sheet
Total Assets	6.41B	6.98B	7.13B	7.49B	7.84B	8.01B
Cash, Cash Equivalents and Short-Term Investments	886.62M	652.05M	965.74M	890.62M	1.13B	1.19B
Total Debt	3.32B	3.72B	4.05B	3.07B	4.32B	4.26B
Total Liabilities	4.92B	5.36B	5.30B	5.56B	5.78B	5.86B
Stockholders Equity	1.22B	1.33B	1.49B	1.56B	1.67B	1.74B
Cash Flow
Free Cash Flow	-183.48M	241.27M	-410.56M	554.54M	288.28M	813.99M
Operating Cash Flow	-169.97M	288.13M	-374.65M	666.31M	391.93M	855.15M
Investing Cash Flow	-4.79M	-33.22M	-14.94M	-74.35M	-61.54M	-59.33M
Financing Cash Flow	221.17M	-463.78M	492.77M	-873.35M	-344.09M	-629.78M

Beijing Jingkelong Co. Ltd. Class H Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 0.32
• 50DMA: Positive
• 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:0814, the sentiment is Positive. The current price of 0.32 is above the 20-day moving average (MA) of 0.31, above the 50-day MA of 0.31, and above the 200-day MA of 0.31, indicating a bullish trend. The MACD of >-0.01 indicates Negative momentum. The RSI at 53.87 is Neutral, neither overbought nor oversold. The STOCH value of 30.77 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for HK:0814.

Beijing Jingkelong Co. Ltd. Class H Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
2420	77 Outperform	HK$2.03B	3.39	27.30%	4.07%	23.59%	―
2209	65 Neutral	HK$1.30B	4.97	41.54%	1.89%	55.02%	25.22%
8473	63 Neutral	HK$141.12M	12.25	2.54%	52.54%	-11.32%	-74.44%
Sector *	61 Neutral	$18.38B	12.79	-2.54%	3.03%	1.52%	-15.83%
0178	56 Neutral	HK$2.02B	9.74	8.44%	4.75%	-3.18%	-36.46%
0814	44 Neutral	HK$125.73M	-0.26	-14.00%	―	-8.17%	-49.53%
0493	43 Neutral	HK$652.52M	-0.15	―	―	49.53%	22.07%