tiprankstipranks
Trending News
More News >
China Silver Group Ltd. (HK:0815)
:0815
Hong Kong Market

China Silver Group Ltd. (0815) AI Stock Analysis

Compare
1 Followers

Top Page

HK:0815

China Silver Group Ltd.

(0815)

Select Model
Select Model
Select Model
Neutral 46 (OpenAI - 5.2)
Rating:46Neutral
Price Target:
HK$0.63
▼(-10.43% Downside)
Action:ReiteratedDate:02/03/26
The score is held back primarily by weak and inconsistent financial performance—especially low margins and lack of operating/free cash flow—along with a soft technical setup (below key moving averages). Valuation is also a headwind given the high P/E and no dividend yield data.
Positive Factors
Business model diversification
The group operates across the silver value chain — manufacturing silver ingots and retailing jewelry — providing structural diversification. Vertical exposure lets it capture processing and retail margins, smoothing revenue mix across industrial and consumer cycles over months.
Manageable leverage
A debt-to-equity around 0.87 indicates moderate leverage versus highly indebted peers, preserving financial flexibility. This level supports working capital needs for manufacturing and retail operations and reduces refinancing pressure over a multi-month horizon.
Improving return metrics
Recovery in ROE and modest gains in net and EBITDA margins signal early operational improvement and tighter cost control. While absolute levels remain low, the trend supports gradual shareholder value restoration and suggests management progress on structural profitability levers.
Negative Factors
Very low and falling gross margins
Sharp erosion of gross margin over several years weakens the firm's ability to absorb commodity-driven cost swings and retail markdowns. Persistently thin gross margins constrain operating leverage, limiting sustained profitability and investment capacity across business lines.
Inconsistent revenue trends
Volatile top-line growth undermines predictability for sourcing, inventory and retail planning. Large year-to-year swings make scaling costs and capital allocation harder, reducing the company's ability to build steady scale advantages in manufacturing and retail channels.
Weak cash generation
Zero operating cash flow limits reinvestment, working capital support, and cushions for commodity price moves. Reliance on non-operating funding or tighter credit lines increases structural liquidity risk and constrains durable investment in retail expansion or processing capacity.

China Silver Group Ltd. (0815) vs. iShares MSCI Hong Kong ETF (EWH)

China Silver Group Ltd. Business Overview & Revenue Model

Company DescriptionChina Silver Group Limited, an investment holding company, manufactures and sells silver ingots, palladium, and other non-ferrous metals in the People's Republic of China. The company operates through three segments: Manufacturing, New Jewellery Retail, and Silver Exchange. It produces metal products, such as lead, zinc oxide, bismuth, and antimony ingots for trading. The company is also involved in the design and sale of gold, silver, colored gemstone, gem-set, and other jewelry products; and collectibles through an online platform, as well as through CSmall shops. In addition, it operates electronic platform that trades silver ingots through silver exchange segment. As of December 31, 2021, China Silver Group Limited had 38 CSmall shops, which included 1 self-operated and 37 franchised shops. China Silver Group Limited was founded in 2002 and is headquartered in Shenzhen, China.
How the Company Makes MoneyChina Silver Group Ltd. generates revenue primarily through the extraction and sale of silver and other precious metals. The company operates mining and refining facilities that enable it to produce high-quality silver products. Key revenue streams include the sale of silver ingots and bullion to wholesalers, jewelers, and industrial clients. Additionally, the company may benefit from fluctuations in silver prices on global markets. Strategic partnerships with other mining companies and distributors also enhance its market reach and contribute to its earnings, as they can lead to increased sales volumes and improved supply chain efficiencies.

China Silver Group Ltd. Financial Statement Overview

Summary
Mixed fundamentals: profitability remains very thin (2024 gross margin 2.57%, net margin 0.23%) and revenue is inconsistent (down 22.21% in 2024 after strong growth in 2023). Balance sheet leverage looks manageable (debt-to-equity 0.87) but equity ratio has fallen to 23.32%, and cash generation is weak (operating cash flow and free cash flow at 0 in 2024).
Income Statement
45
Neutral
The company showed a volatile performance in its income statement. The gross profit margin has decreased from 8.21% in 2020 to 2.57% in 2024, indicating a decline in profitability. The net profit margin improved to 0.23% in 2024 from negative margins in previous years, showing a slight recovery. Revenue growth from 2022 to 2023 was positive at 70.79%, but declined by 22.21% in 2024, signaling inconsistency in revenue generation. The EBIT and EBITDA margins have shown improvement over the years, but remain low at 1.04% and 1.46% respectively in 2024.
Balance Sheet
60
Neutral
The balance sheet indicates moderate stability with a debt-to-equity ratio of 0.87 in 2024, showing manageable leverage. The return on equity (ROE) improved to 2.16% in 2024, recovering from negative figures in prior years, indicating a slight enhancement in shareholder value creation. The equity ratio declined to 23.32% in 2024 from 62.32% in 2020, reflecting reduced equity financing and increasing liabilities over time.
Cash Flow
30
Negative
The company has faced challenges in generating consistent cash flows, with operating cash flow being zero in 2024. Free cash flow, although negative in 2023, improved to zero in 2024. The free cash flow growth rate was not calculable due to the absence of figures for 2024. This inconsistency in cash flow generation presents a risk to the company's operational liquidity and financial flexibility.
BreakdownTTMDec 2024Dec 2023Dec 2022Dec 2021Dec 2020
Income Statement
Total Revenue4.32B4.31B5.55B3.25B2.30B4.76B
Gross Profit183.00M111.09M109.12M65.81M138.94M433.20M
EBITDA119.59M63.05M26.57M-28.22M41.05M317.14M
Net Income44.32M9.97M14.55M-120.77M-2.41B227.50M
Balance Sheet
Total Assets2.12B1.98B2.02B2.14B1.86B4.52B
Cash, Cash Equivalents and Short-Term Investments633.77M526.34M524.68M589.23M316.81M1.19B
Total Debt264.75M402.03M427.39M411.82M238.34M223.77M
Total Liabilities662.84M760.53M784.95M885.29M628.17M869.08M
Stockholders Equity606.58M461.44M451.47M436.74M401.09M2.81B
Cash Flow
Free Cash Flow0.00-65.70M-126.58M76.79M-877.61M363.62M
Operating Cash Flow0.00-64.46M-122.32M87.37M-869.24M384.64M
Investing Cash Flow0.0061.27M66.06M-132.53M-2.48M141.28M
Financing Cash Flow0.005.32M-8.28M317.57M-4.46M56.39M

China Silver Group Ltd. Technical Analysis

Technical Analysis Sentiment
Negative
Last Price0.70
Price Trends
50DMA
0.67
Negative
100DMA
0.68
Negative
200DMA
0.58
Negative
Market Momentum
MACD
-0.03
Positive
RSI
37.96
Neutral
STOCH
16.67
Positive
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For HK:0815, the sentiment is Negative. The current price of 0.7 is above the 20-day moving average (MA) of 0.61, above the 50-day MA of 0.67, and above the 200-day MA of 0.58, indicating a bearish trend. The MACD of -0.03 indicates Positive momentum. The RSI at 37.96 is Neutral, neither overbought nor oversold. The STOCH value of 16.67 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for HK:0815.

China Silver Group Ltd. Peers Comparison

Overall Rating
UnderperformOutperform
Sector (61)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
73
Outperform
HK$853.35M3.839.41%24.22%-5.91%
61
Neutral
$10.43B7.12-0.05%2.87%2.86%-36.73%
54
Neutral
HK$2.99B-21.03-1.52%-4.02%-1500.00%
46
Neutral
HK$1.67B4.968.30%-14.70%118.68%
44
Neutral
HK$528.00M-11.05-1.88%-23.72%-196.49%
42
Neutral
HK$87.25M-2.00-37.49%46.92%-3901.26%
41
Neutral
HK$760.98M-17.17-7.49%-164.29%
* Basic Materials Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
HK:0815
China Silver Group Ltd.
0.55
0.16
41.03%
HK:0899
Asia Resources Holdings Limited
0.20
-0.56
-74.07%
HK:0159
Brockman Mining Ltd.
0.08
-0.01
-11.83%
HK:0661
China Daye Non-Ferrous Metals Mining Limited
0.17
0.12
234.00%
HK:2237
China Graphite Group Ltd.
0.33
-0.03
-8.33%
HK:0505
Xingye Alloy Materials Group Limited
0.95
-0.03
-3.06%

China Silver Group Ltd. Corporate Events

China Silver Group Completes Final HK$24.75 Million Share Subscription Tranche
Jan 22, 2026

China Silver Group Limited has completed the remaining tranche of its multi-phase share subscription programme under a general mandate, receiving HK$24.75 million in consideration tied to the issue of 55 million new shares under Subscription Agreement E. The shares, priced at HK$0.45 each and representing about 1.81% of the enlarged share capital, have been allotted to Subscriber E, bringing the total subscription process under all the agreements to a close and generating net proceeds of roughly HK$24.69 million for uses previously disclosed by the company. Following the latest issuance, China Silver’s total issued shares have risen from 2.98 billion to 3.04 billion, modestly diluting existing holdings while increasing Subscriber E’s stake from 1.51% to 3.29%, and slightly reducing the percentage interests of major and other public shareholders, which may broaden the shareholder base and strengthen the company’s capital position.

The most recent analyst rating on (HK:0815) stock is a Hold with a HK$0.65 price target. To see the full list of analyst forecasts on China Silver Group Ltd. stock, see the HK:0815 Stock Forecast page.

Mount Everest Gold Completes Partial Share Subscription, Raises HK$34.9 Million
Dec 31, 2025

Mount Everest Gold has completed a partial tranche of its previously announced share subscription plan, issuing 21.7 million new shares at HK$1.61 each under two subscription agreements, raising net proceeds of about HK$34.87 million. The new shares represent roughly 1.72% of Mount Everest Gold’s enlarged share capital and form part of a broader series of subscriptions that constitute a very substantial disposal and deemed disposal for China Silver; the remaining 225.8 million shares are expected to be issued in subsequent completions, which will further dilute existing holders but strengthen Mount Everest Gold’s capital base in line with earlier disclosures.

The most recent analyst rating on (HK:0815) stock is a Hold with a HK$0.68 price target. To see the full list of analyst forecasts on China Silver Group Ltd. stock, see the HK:0815 Stock Forecast page.

China Silver Hires Zijin Unit for Shigatse Mine Exploration Ahead of 2026 Development Push
Dec 29, 2025

China Silver Group Limited has provided an update on its Tibet mining portfolio as it heads into year-end 2025, highlighting its 20% stake in Xizang Shigatse Huaye Mining Development, which holds the exploration rights to the Shigatse Mine, and noting the expected deconsolidation of its non-wholly owned subsidiary Mount Everest Gold Group by the end of the year. As part of the 2026 development timetable for Shigatse Mine, Xizang Shigatse has engaged Zijin Mining Group Southwest Geological Exploration, a subsidiary of Zijin Mining Group and an independent third party, under a RMB7.5 million service agreement running through December 2026 to perform comprehensive geological exploration and technical services, a move that underscores China Silver’s intention to advance resource evaluation and future mine development at this key Tibetan asset.

The most recent analyst rating on (HK:0815) stock is a Hold with a HK$0.68 price target. To see the full list of analyst forecasts on China Silver Group Ltd. stock, see the HK:0815 Stock Forecast page.

China Silver Shareholders Approve Mount Everest Gold Share Subscription at EGM
Dec 23, 2025

Shareholders of China Silver Group Limited have approved all resolutions tabled at an extraordinary general meeting held on 23 December 2025, including ratification of subscription agreements involving Mount Everest Gold Group Company Limited. The resolutions endorse the issuance and allotment of 247.5 million new ordinary shares in Mount Everest Gold and authorize the company’s directors or company secretary to take all necessary steps to implement the transactions, including the related deemed disposal, consolidating shareholder backing for the group’s capital and investment restructuring.

The most recent analyst rating on (HK:0815) stock is a Hold with a HK$0.68 price target. To see the full list of analyst forecasts on China Silver Group Ltd. stock, see the HK:0815 Stock Forecast page.

China Silver Group Raises HK$12.12 Million Through Partial Share Subscription
Dec 19, 2025

China Silver Group Limited has completed a partial subscription of new shares under its general mandate, issuing 27,000,000 shares at HK$0.45 each under Subscription Agreement E, raising net proceeds of approximately HK$12.12 million. The new shares represent about 0.91% of the company’s enlarged share capital and the funds will be used as previously disclosed, while completion of the remaining 55,000,000-share subscription under the same agreement is still pending and will be announced in due course, signaling continued capital-raising efforts that may support the company’s future operational and financial plans.

The most recent analyst rating on (HK:0815) stock is a Hold with a HK$0.68 price target. To see the full list of analyst forecasts on China Silver Group Ltd. stock, see the HK:0815 Stock Forecast page.

China Silver Group Ltd. Announces Key Resolutions for Expansion
Dec 5, 2025

China Silver Group Ltd. has announced an extraordinary general meeting to discuss and approve key resolutions, including a subscription agreement with Mount Everest Gold Group Company Limited for the issuance of 247,500,000 new ordinary shares. Additionally, the company plans to increase its authorized share capital from HK$30,000,000 to HK$50,000,000, facilitating future growth and expansion. These strategic moves are expected to enhance the company’s financial flexibility and market positioning.

The most recent analyst rating on (HK:0815) stock is a Hold with a HK$0.68 price target. To see the full list of analyst forecasts on China Silver Group Ltd. stock, see the HK:0815 Stock Forecast page.

China Silver Group Announces Book Closure for Upcoming EGM
Dec 3, 2025

China Silver Group Ltd. has announced the closure of its register of members for an extraordinary general meeting scheduled for December 23, 2025. This meeting will determine the eligibility of shareholders to attend and vote, with the register closed from December 18 to December 23, 2025. Shareholders must ensure their shares are registered by December 17, 2025, to participate.

The most recent analyst rating on (HK:0815) stock is a Hold with a HK$0.68 price target. To see the full list of analyst forecasts on China Silver Group Ltd. stock, see the HK:0815 Stock Forecast page.

China Silver Group Proposes Share Capital Increase and Amendments to Articles
Nov 27, 2025

China Silver Group Ltd. has announced a proposal to increase its authorised share capital from HK$30,000,000 to HK$50,000,000, allowing for the creation of an additional 2,000,000,000 shares. This move is intended to accommodate a remaining subscription of shares and provide flexibility for future fundraising opportunities, aligning with the company’s business development plans. Additionally, the company plans to amend its memorandum and articles of association to reflect the increased share capital and ensure compliance with the latest regulatory requirements.

The most recent analyst rating on (HK:0815) stock is a Hold with a HK$0.50 price target. To see the full list of analyst forecasts on China Silver Group Ltd. stock, see the HK:0815 Stock Forecast page.

Mount Everest Gold Group to Raise HK$398 Million Through New Share Issuance
Nov 19, 2025

Mount Everest Gold Group Company Limited has entered into agreements to issue 247,500,000 new shares at HK$1.61 each, raising approximately HK$398,475,000 in gross proceeds. This move, conditional on China Silver Group’s shareholder approval, represents a substantial disposal and is intended to support Mount Everest Gold’s business growth and development. The transaction will result in China Silver Group’s stake in Mount Everest Gold being diluted, but the financial results of Mount Everest Gold will continue to be consolidated in China Silver Group’s financial statements.

The most recent analyst rating on (HK:0815) stock is a Hold with a HK$1.00 price target. To see the full list of analyst forecasts on China Silver Group Ltd. stock, see the HK:0815 Stock Forecast page.

China Silver Group Completes Share Subscriptions, Raises HK$108 Million
Nov 7, 2025

China Silver Group Ltd. announced the completion of certain subscriptions of new shares under a general mandate, resulting in the issuance of 241,332,000 shares. This represents approximately 8.17% of the company’s enlarged issued share capital. The net proceeds of approximately HK$108,337,000 from these subscriptions will be applied as previously disclosed. Completion of the remaining subscription of 82,000,000 shares is expected to occur as per the relevant agreement, with further announcements to follow.

The most recent analyst rating on (HK:0815) stock is a Hold with a HK$0.50 price target. To see the full list of analyst forecasts on China Silver Group Ltd. stock, see the HK:0815 Stock Forecast page.

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.Date of analysis: Feb 03, 2026