China Qinfa Group Ltd. (0866) AI Stock Analysis

• Market Cap: HK$3.35B
• Dividend Yield: N/A
• Average Volume (3M): 2.76M
• Price to Earnings (P/E): 6.3
• Beta (1Y): -0.12
• Revenue Growth: -26.23%
• EPS Growth: 147.88%
• Country: HK
• Employees: 3,612
• Sector: Energy
• Sector Strength: 42
• Industry: Coal
• EPS (TTM): 0.20
• Shares Outstanding: 2,537,414,000
• 10 Day Avg. Volume: 3,258,155
• 30 Day Avg. Volume: 2,761,173
• PEG Ratio: -0.42
• Price to Book (P/B): -7.01
• Price to Sales (P/S): 0.00
• P/FCF Ratio: -23.76
• 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

• Rating: 52 Neutral
• Price Target: ―

The overall score of 52 reflects significant financial challenges, including high leverage and declining cash flows, which overshadow the potential undervaluation indicated by the low P/E ratio. Technical indicators show mixed signals, adding uncertainty to the stock's near-term performance. The absence of recent earnings call data or notable corporate events further limits visibility into future performance.

China Qinfa Group Ltd. Business Overview & Revenue Model

Company Description

China Qinfa Group Limited, an investment holding company, engages in the mining, purchase and sale, filtering, storage, blending, shipping, and transportation of coal in the People's Republic of China. The company operates through Coal Business and Shipping Transportation segments. As of December 31, 2021, the company owned and operated five coal mines in China and one coal mine in Indonesia. It is also involved in goods transportation and logistics, and charter hire activities, as well as time charter and voyage charter of vessels. The company was founded in 1996 and is based in Wan Chai, Hong Kong.

How the Company Makes Money

China Qinfa Group Ltd. generates revenue through several key streams within the coal industry. Primarily, the company earns money from the sale of coal extracted from its own mining operations and through the trading of coal purchased from other sources. Additionally, Qinfa Group provides transportation services, using its own fleet to deliver coal to customers, thereby adding a logistics revenue stream. The company's strategic partnerships with other coal producers and transportation companies further enhance its ability to procure and distribute coal efficiently, contributing to its earnings. The integration of mining, trading, and logistics allows Qinfa Group to optimize its supply chain, reduce costs, and increase profitability.

China Qinfa Group Ltd. Financial Statement Overview

Summary

Income Statement

Balance Sheet

Cash Flow

Breakdown
TTM	Dec 2023	Dec 2022	Dec 2021	Dec 2020	Dec 2019
Income Statement		Total Revenue
2.92B	3.45B	3.79B	4.56B	2.25B	2.80B
	Gross Profit
805.16M	878.02M	1.27B	1.94B	355.31M	406.56M
	EBIT
410.77M	523.86M	801.69M	3.30B	-2.98B	82.06M
	EBITDA
1.25B	1.46B	1.75B	6.75B	-3.47B	614.99M
	Net Income Common Stockholders
112.57M	200.35M	456.54M	2.79B	-2.91B	81.42M
Balance Sheet		Cash, Cash Equivalents and Short-Term Investments
115.68M	302.73M	856.00M	1.05B	154.90M	159.69M
	Total Assets
9.87B	7.86B	7.85B	7.90B	5.30B	9.35B
	Total Debt
4.49B	3.58B	3.53B	3.71B	4.60B	4.34B
	Net Debt
4.38B	3.27B	2.68B	2.68B	4.45B	4.18B
	Total Liabilities
9.39B	7.54B	7.04B	7.58B	8.19B	8.79B
	Stockholders Equity
-425.47M	-472.87M	13.11M	-450.10M	-3.27B	-342.36M
Cash Flow		Free Cash Flow
-85.51M	378.85M	253.32M	1.75B	404.63M	363.11M
	Operating Cash Flow
1.16B	1.46B	984.43M	1.89B	527.08M	707.87M
	Investing Cash Flow
-1.57B	-1.84B	-835.63M	-18.77M	-139.68M	-330.64M
	Financing Cash Flow
-611.89M	-212.07M	-307.81M	-989.73M	-394.07M	-332.53M

China Qinfa Group Ltd. Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 1.35
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For HK:0866, the sentiment is Positive. The current price of 1.35 is above the 20-day moving average (MA) of 1.24, above the 50-day MA of 1.10, and above the 200-day MA of 1.16, indicating a bullish trend. The MACD of 0.05 indicates Positive momentum. The RSI at 66.39 is Neutral, neither overbought nor oversold. The STOCH value of 65.85 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for HK:0866.

China Qinfa Group Ltd. Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
Sector *	57 Neutral	$7.22B	3.15	-4.49%	5.63%	0.82%	-49.15%
0866	52 Neutral	HK$3.35B	6.25	87.02%	―	-26.23%	147.88%
CCOZF		$17.91B	5.56	12.03%	5.82%	―	―
CRGGF		$6.21B	12.16	9.94%	4.34%	―	―
CUAEF		$105.29B	11.30	12.78%	7.39%	―	―
GGPXF		$542.27M	11.86	3.05%	1.23%	―	―
YZCHF		$14.73B	5.15	22.05%	18.39%	―	―

China Qinfa Group Ltd. Corporate Events

China Qinfa Group Ltd. Announces 2025 Annual General Meeting

China Qinfa Group Ltd. has announced its annual general meeting to be held on June 20, 2025, in Guangzhou City, China. Key agenda items include the adoption of financial statements for 2024, a final dividend declaration, re-election of executive directors, re-appointment of auditors, and authorization for share repurchase. These resolutions could impact the company’s financial strategies and shareholder value.

China Qinfa Group Completes Strategic Acquisition to Expand Market Presence

China Qinfa Group Ltd. has completed the acquisition of 100% equity interest in PT Widyanusa Mandiri, making it an indirectly wholly-owned subsidiary. This acquisition increases Qinfa’s effective equity interest in SDE to 70%, and the financial results of the newly acquired group will be consolidated into Qinfa’s financial statements, potentially enhancing its market position and operational scale.

China Qinfa Group Secures Coal Supply Agreement with Zhejiang Energy

China Qinfa Group Ltd. announced that its subsidiary, SDE, has entered into a Coal Supply Agreement with Zhejiang Energy Asia Pacific for the sale of 200,000 MT of Indonesian steam coal. This agreement, which is classified as a continuing connected transaction under the Hong Kong Stock Exchange Listing Rules, reflects fair and reasonable terms and is expected to enhance the company’s operational capacity and market presence in the coal industry.

China Qinfa Group Acquires Full Stake in PT Widyanusa Mandiri

China Qinfa Group Ltd. has announced the acquisition of 100% equity interest in PT Widyanusa Mandiri, a substantial shareholder of SDE, a non-wholly-owned subsidiary controlled by the company. The acquisition involves purchasing 99% and 1% equity interests from two sellers for a total cash consideration of approximately USD8.5 million and USD3,000, respectively. This move will consolidate the Target Company into Qinfa’s financial statements, enhancing its control and potentially strengthening its market position. The transaction is classified as a connected transaction under Hong Kong’s Listing Rules but is exempt from certain requirements due to its fairness and alignment with shareholder interests.

China Qinfa Group Announces Board Meeting for Annual Results

China Qinfa Group Ltd. has announced a board meeting scheduled for March 24, 2025, to approve the annual results for the year ending December 31, 2024, and to consider the recommendation of a final dividend. This meeting is significant for stakeholders as it will provide insights into the company’s financial performance and potential shareholder returns.

China Qinfa Group Ltd. Projects Significant Profit Increase for 2024

China Qinfa Group Ltd. has announced a positive profit alert, expecting a significant increase in profit after taxation for the year ending December 31, 2024, with an anticipated profit of up to RMB560 million compared to RMB192 million in the previous year. This increase is attributed to modifications in borrowings and changes in coal selling prices, despite impairment losses on assets. The final annual results are yet to be finalized and will be published by March 2025.