Asia Cassava Resources Holdings Limited (0841) AI Stock Analysis

• Market Cap: HK$76.01M
• Dividend Yield: N/A
• Average Volume (3M): 233.67K
• Price to Earnings (P/E): ―
• Beta (1Y): 1.63
• Revenue Growth: 75.21%
• EPS Growth: 18.42%
• Country: HK
• Employees: 240
• Sector: Consumer Defensive
• Sector Strength: 42
• Industry: Packaged Foods
• EPS (TTM): 0.02
• Shares Outstanding: 584,726,750
• 10 Day Avg. Volume: 332,200
• 30 Day Avg. Volume: 233,666
• PEG Ratio: -0.03
• Price to Book (P/B): 0.12
• Price to Sales (P/S): 0.06
• P/FCF Ratio: -0.26
• 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: Hold
• Number of Analyst Covering: 0
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 50 Neutral
• Price Target: HK$0.25 ▼(-2.00% Downside)

The overall stock score is primarily influenced by financial performance challenges, including high leverage and negative profitability. While technical analysis indicates strong bullish momentum, the overbought condition suggests caution. Valuation metrics are weak, with a negative P/E ratio and no dividend yield, further impacting the score.

Positive Factors

Revenue Growth

Strong revenue growth indicates effective market penetration and product demand, supporting long-term business expansion opportunities.

Market Position

The company's focus on cassava products positions it well in a niche market with diverse applications, offering potential for sustained demand.

Product Diversification

Diversified revenue streams from various markets enhance resilience against market fluctuations, supporting long-term stability.

Negative Factors

High Leverage

High leverage can strain financial stability, limiting the company's ability to invest in growth and weather economic downturns.

Profitability Challenges

Ongoing profitability issues may hinder reinvestment in the business, affecting long-term competitive positioning and growth.

Weak Cash Flow

Weak cash flow generation limits the company's ability to fund operations and strategic initiatives, impacting future growth prospects.

Asia Cassava Resources Holdings Limited Business Overview & Revenue Model

Company Description

Asia Cassava Resources Holdings Limited (0841) is a Hong Kong-based agricultural company primarily engaged in the cultivation and processing of cassava. The company operates within the agricultural sector and focuses on the production of cassava chips and starch, which are key raw materials for various industries, including food, animal feed, and biofuel. Leveraging advanced agricultural practices and sustainable farming techniques, Asia Cassava Resources aims to meet the increasing global demand for cassava products, while also contributing to food security and sustainable development.

How the Company Makes Money

Asia Cassava Resources Holdings Limited generates revenue primarily through the sale of cassava-based products, including cassava chips and cassava starch. The company’s revenue model is centered around bulk sales to food manufacturers, animal feed producers, and biofuel companies. Key revenue streams include direct sales contracts with large industrial clients and export sales to international markets. Additionally, strategic partnerships with agricultural cooperatives and processing facilities enhance the company’s production capabilities and market reach, thereby contributing to its overall earnings. The company's focus on sustainable and efficient production methods also helps in maintaining cost-effectiveness and competitiveness in the market.

Asia Cassava Resources Holdings Limited Financial Statement Overview

Summary

The company shows strong revenue growth but faces significant challenges in profitability and cash flow generation. High leverage and negative returns on equity highlight financial risks, necessitating improvements in operational efficiency and debt reduction.

Income Statement

The company has experienced significant revenue growth in the most recent year, with a 24.42% increase. However, profitability remains a concern, as indicated by negative net profit margins and EBIT margins. The gross profit margin has also declined compared to previous years, suggesting challenges in maintaining cost efficiency.

Balance Sheet

The company is highly leveraged, with a debt-to-equity ratio of 1.74, which poses a risk in terms of financial stability. The equity ratio is relatively low, indicating a heavy reliance on debt financing. Return on equity is negative, reflecting ongoing profitability challenges.

Cash Flow

Cash flow performance is weak, with negative operating and free cash flows. The free cash flow to net income ratio is positive, but this is due to negative net income, which is not a positive indicator. The company needs to improve its cash generation capabilities to support operations and growth.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	785.96M	977.90M	1.19B	3.97B	3.59B	2.72B
Gross Profit	105.21M	81.15M	152.04M	450.69M	437.90M	264.64M
EBITDA	-121.38M	-97.21M	-83.33M	-61.22M	90.39M	-32.87M
Net Income	-136.80M	-130.72M	-111.36M	-94.71M	44.97M	-7.13M
Balance Sheet
Total Assets	1.27B	1.70B	1.47B	2.04B	2.92B	2.67B
Cash, Cash Equivalents and Short-Term Investments	121.85M	63.65M	53.56M	271.52M	109.50M	74.00M
Total Debt	690.27M	879.44M	571.90M	961.29M	1.69B	1.46B
Total Liabilities	810.85M	1.35B	983.59M	1.38B	2.09B	1.87B
Stockholders Equity	598.24M	504.57M	610.74M	751.68M	872.16M	829.56M
Cash Flow
Free Cash Flow	101.00M	-240.09M	248.94M	669.97M	-157.45M	-229.31M
Operating Cash Flow	105.83M	-204.29M	251.04M	675.55M	-153.37M	-225.95M
Investing Cash Flow	-57.10M	-79.31M	-55.52M	-4.32M	-2.90M	3.24M
Financing Cash Flow	-23.07M	289.85M	-408.19M	-506.49M	191.36M	94.67M

Asia Cassava Resources Holdings Limited Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 0.25
• 50DMA: Positive
• 100DMA: Positive
• 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:0841, the sentiment is Positive. The current price of 0.25 is above the 20-day moving average (MA) of 0.19, above the 50-day MA of 0.15, and above the 200-day MA of 0.11, indicating a bullish trend. The MACD of 0.03 indicates Negative momentum. The RSI at 61.89 is Neutral, neither overbought nor oversold. The STOCH value of 69.36 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for HK:0841.

Asia Cassava Resources Holdings Limited Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
1767	68 Neutral	HK$285.00M	10.80	5.48%	0.82%	5.43%	-25.42%
1695	63 Neutral	HK$104.76M	4.16	11.24%	―	37.73%	150.54%
3838	63 Neutral	HK$1.09B	2.40	10.38%	5.33%	-6.58%	16.23%
Sector *	62 Neutral	$20.33B	14.63	-3.31%	3.23%	1.93%	-12.26%
0841	50 Neutral	HK$76.01M	-0.58	-20.08%	―	75.21%	18.42%
0809	44 Neutral	HK$1.28B	0.87	―	―	42.14%	-81.25%
3889	37 Underperform	HK$169.96M	―	―	―	-6.04%	-340.00%

Asia Cassava Resources Holdings Limited Corporate Events

Asia Cassava Resources Schedules Board Meeting for Interim Results

Asia Cassava Resources Holdings Limited has announced a board meeting scheduled for November 28, 2025, to consider and approve the interim results for the six months ending September 30, 2025. This meeting is crucial for stakeholders as it will provide insights into the company’s financial performance and strategic direction for the upcoming period.

Asia Cassava Resources Secures Unanimous Shareholder Approval at AGM

Asia Cassava Resources Holdings Limited announced that all ordinary resolutions were passed at their annual general meeting on September 26, 2025. This includes the approval of financial statements, reappointment of auditors, re-election of directors, and granting of mandates to directors for share dealings. The unanimous approval of these resolutions reflects strong shareholder support and positions the company for continued operational stability and strategic growth.