Jiande International Holdings Ltd. (0865) AI Stock Analysis

• Market Cap: HK$221.84M
• Dividend Yield: N/A
• Average Volume (3M): 1.38M
• Price to Earnings (P/E): ―
• Beta (1Y): 1.01
• Revenue Growth: -76.39%
• EPS Growth: -1142.86%
• Country: HK
• Employees: 34
• Sector: Real Estate
• Sector Strength: 53
• Industry: Real Estate - Development
• EPS (TTM): 0.00
• Shares Outstanding: 5,837,989,700
• 10 Day Avg. Volume: 277,800
• 30 Day Avg. Volume: 1,375,266
• PEG Ratio: <0.01
• Price to Book (P/B): 0.12
• Price to Sales (P/S): 1.21
• P/FCF Ratio: -13.00
• 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: 48 Neutral
• Price Target: HK$0.04 ▲(0.00% Upside)

The score is held down primarily by weak financial performance—declining revenue, net losses, and negative operating/free cash flow—despite a comparatively stable balance sheet. Technical indicators are neutral to slightly positive, but they do not offset the fundamental deterioration. Valuation is unclear due to the negative P/E and the absence of dividend yield data.

Positive Factors

Balance sheet equity strength

A high equity ratio and relatively stable balance sheet provide a durable financial buffer versus cyclical revenue swings. This structural strength supports continued operations, preserves creditor confidence, and gives management flexibility for restructuring or opportunistic investment over the coming months.

Diversified manufacturing revenue streams

Multiple product lines and contract manufacturing reduce reliance on a single market or customer, improving resilience to demand shifts. Structural diversification aids steady order pipelines, smoother utilization of production capacity, and cross-segment recovery potential over a 2–6 month horizon.

Low financial leverage

Limited leverage lowers bankruptcy and interest-rate risk, preserving financial flexibility. Over months ahead this allows management to prioritize operational fixes, avoid urgent refinancing, and pursue modest capital allocation or restructuring without immediate debt-servicing strain.

Negative Factors

Severe revenue contraction

A ~76% year-over-year revenue decline is a structural red flag that reduces scale economics and strains fixed-cost coverage. Such a sharp contraction materially impairs margin recovery, supplier relationships, and long-term customer contracts unless substantive business turnaround actions are implemented.

Negative operating and free cash flow

Persistent negative operating and free cash flow undermines the company’s ability to fund working capital and reinvest organically. Over several months this elevates liquidity risk, may force asset sales or costly external financing, and constrains strategic initiatives needed to restore growth.

Negative margins and net losses

Sustained negative gross and operating margins indicate structural cost or pricing issues. Continued losses erode retained earnings, limit reinvestment capacity, and impair credit access, making durable recovery dependent on margin improvement or decisive cost and product mix restructuring.

Jiande International Holdings Ltd. Business Overview & Revenue Model

Company Description

Jiande International Holdings Limited, an investment holding company, engages in the development and sale of real estate properties in the People's Republic of China. It develops residential and commercial property projects. The company also provides construction management services. Jiande International Holdings Limited is based in Quarry Bay, Hong Kong.

How the Company Makes Money

Jiande International Holdings Ltd. generates revenue through multiple streams, primarily by manufacturing and selling a diverse range of products in its core sectors. The company earns income by producing goods that are then distributed to various retailers and wholesalers globally. Key revenue streams include direct sales of textiles and consumer goods, as well as contract manufacturing services for third-party brands. Additionally, Jiande may engage in strategic partnerships that enhance its market reach and operational capabilities, contributing to its overall earnings through increased sales volume and enhanced product offerings.

Jiande International Holdings Ltd. Financial Statement Overview

Summary

Jiande International Holdings Ltd. faces significant financial challenges, particularly in terms of declining revenue and profitability. The balance sheet remains relatively stable, but cash flow issues and negative profitability metrics suggest the company is struggling to maintain operational efficiency.

Income Statement

The income statement reveals significant challenges, with a steep decline in total revenue from 2023 to 2024 and a negative net income in the latest year. Gross profit margin has decreased, and both EBIT and EBITDA margins are negative, indicating operational inefficiencies. The revenue growth rate is negative, highlighting a concerning trend in sales performance.

Balance Sheet

The balance sheet shows a relatively stable equity position with a high equity ratio, suggesting financial stability. However, the debt-to-equity ratio is low, indicating limited leverage, which can be a double-edged sword in terms of growth potential. Return on equity is negative due to the net loss, highlighting profitability concerns.

Cash Flow

Cash flow analysis indicates negative operating cash flow, raising concerns about the company's ability to generate cash from operations. Free cash flow is also negative, and the free cash flow growth rate is unfavorable. The operating cash flow to net income ratio is negative, reflecting cash flow challenges.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	76.74M	76.74M	278.29M	262.15M	105.61M	480.02M
Gross Profit	3.07M	6.94M	37.01M	78.56M	40.64M	158.39M
EBITDA	-12.06M	-16.54M	17.14M	47.59M	8.19M	132.09M
Net Income	-39.21M	-40.59M	4.51M	31.32M	1.30M	98.88M
Balance Sheet
Total Assets	1.04B	1.09B	1.20B	1.36B	1.42B	1.12B
Cash, Cash Equivalents and Short-Term Investments	84.23M	65.47M	153.16M	133.20M	230.89M	160.41M
Total Debt	100.01M	102.56M	158.36M	157.22M	133.97M	80.08M
Total Liabilities	283.60M	331.20M	397.47M	561.94M	657.99M	341.24M
Stockholders Equity	744.82M	747.18M	788.06M	783.33M	751.79M	760.97M
Cash Flow
Free Cash Flow	11.87M	-7.17M	12.05M	-130.34M	14.53M	-180.71M
Operating Cash Flow	11.97M	-7.06M	12.16M	-129.96M	15.04M	-177.89M
Investing Cash Flow	31.53M	6.80M	9.52M	10.93M	13.16M	131.55M
Financing Cash Flow	-86.78M	-87.33M	-1.94M	21.01M	52.92M	53.73M

Jiande International Holdings Ltd. Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 0.04
• 50DMA: Negative
• 100DMA: Neutral
• 200DMA: Positive
• MACD: Positive
• RSI: Neutral
• STOCH: Negative

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For HK:0865, the sentiment is Positive. The current price of 0.04 is below the 20-day moving average (MA) of 0.04, below the 50-day MA of 0.04, and above the 200-day MA of 0.04, indicating a neutral trend. The MACD of <0.01 indicates Positive momentum. The RSI at 52.93 is Neutral, neither overbought nor oversold. The STOCH value of 100.00 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for HK:0865.

Jiande International Holdings Ltd. 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%
0865	48 Neutral	HK$221.84M	-5.21	-5.13%	―	-76.39%	-1142.86%
2892	46 Neutral	HK$251.25M	-4.27	-9.07%	―	-72.10%	90.00%
2329	41 Neutral	HK$617.77M	-0.41	-13.99%	―	-0.38%	-296.42%
2231	39 Underperform	HK$125.11M	-0.52	―	―	-37.97%	87.04%
0298	38 Underperform	HK$251.13M	-0.89	-9.74%	―	173.15%	2.36%