Chaowei Power Holdings (0951) AI Stock Analysis

• Market Cap: HK$1.56B
• Dividend Yield: 2.29%
• Average Volume (3M): 829.20K
• Price to Earnings (P/E): 4.9
• Beta (1Y): 0.26
• Revenue Growth: 22.79%
• EPS Growth: -19.19%
• Country: HK
• Employees: 14,484
• Sector: Utilities
• Sector Strength: 76
• Industry: Auto - Parts
• EPS (TTM): 0.09
• Shares Outstanding: 1,104,127,000
• 10 Day Avg. Volume: 911,500
• 30 Day Avg. Volume: 829,200
• PEG Ratio: N/A
• Price to Book (P/B): 0.21
• Price to Sales (P/S): 0.00
• P/FCF Ratio: -6.57
• 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: 70 Neutral
• Price Target: HK$1.50 ▲(7.91%Upside)

The stock's overall score reflects strong valuation and positive technical indicators, offset by operational and cash flow challenges. The company's revenue growth and reasonable leverage position are positives, but declining profitability margins and cash flow inconsistencies warrant caution.

Chaowei Power Holdings Business Overview & Revenue Model

Company Description

Chaowei Power Holdings Limited (0951) is a leading manufacturer and distributor of batteries, primarily focusing on the production of lead-acid batteries and lithium-ion batteries. The company operates in sectors such as automotive, electric bicycles, and renewable energy storage. With a strong emphasis on research and development, Chaowei Power Holdings aims to deliver high-quality, innovative energy solutions that cater to a wide range of industries and applications.

How the Company Makes Money

Chaowei Power Holdings generates revenue primarily through the sale of its battery products. The company's key revenue streams include the production and distribution of lead-acid batteries, which are widely used in electric bicycles and automobiles, and the growing segment of lithium-ion batteries that serve the renewable energy storage market. Chaowei Power Holdings also benefits from strategic partnerships with automotive manufacturers and renewable energy companies, which help to expand its market reach and enhance its product offerings. Additionally, the company's focus on innovation and technology development contributes to maintaining its competitive edge and attracting a diverse customer base.

Chaowei Power Holdings Financial Statement Overview

Summary

Chaowei Power Holdings shows solid revenue growth, but declining profit margins and inconsistent cash flows are concerning. While the balance sheet is moderately leveraged, the declining ROE suggests efficiency issues.

Income Statement

The income statement shows a solid revenue growth trend, with a notable increase from 2023 to 2024. However, the gross and net profit margins have slightly decreased over the years, indicating rising costs or pricing pressure. The EBIT and EBITDA margins also show a decline, pointing towards operational challenges. Despite these issues, the company has managed to sustain revenue growth, which is a positive indicator.

Balance Sheet

The balance sheet reveals a moderate debt-to-equity ratio, suggesting a reasonable leverage position. However, the return on equity has been declining, which could be a concern for investors looking for efficient equity utilization. The equity ratio is stable, indicating a balanced approach between debt and equity financing. Overall, while there are some strengths in debt management, the declining ROE calls for attention.

Cash Flow

The cash flow statement highlights some challenges, particularly with free cash flow, which has been inconsistent over the years. The operating cash flow to net income ratio is not available for 2024, raising concerns about cash generation capabilities relative to net earnings. The free cash flow to net income ratio also reflects fluctuations, indicating potential struggles in maintaining positive cash flow after capital expenditures.

Breakdown	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	50.34B	40.37B	31.93B	29.49B	27.30B
Gross Profit	3.49B	3.60B	3.70B	3.32B	3.30B
EBITDA	1.09B	1.86B	1.93B	2.13B	2.04B
Net Income	289.51M	347.53M	587.85M	516.27M	720.40M
Balance Sheet
Total Assets	23.84B	21.79B	19.98B	20.18B	19.21B
Cash, Cash Equivalents and Short-Term Investments	3.64B	3.64B	2.28B	3.08B	2.83B
Total Debt	9.45B	6.72B	5.64B	6.15B	6.30B
Total Liabilities	16.19B	14.60B	13.17B	13.80B	13.19B
Stockholders Equity	6.37B	6.14B	5.89B	5.60B	5.19B
Cash Flow
Free Cash Flow	-447.71M	441.99M	-242.59M	525.20M	462.88M
Operating Cash Flow	214.00M	1.08B	890.58M	1.50B	1.20B
Investing Cash Flow	-2.88B	-235.80M	-534.62M	-665.85M	-1.19B
Financing Cash Flow	2.24B	534.45M	-1.06B	-522.44M	585.30M

Chaowei Power Holdings Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 1.39
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Negative
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For HK:0951, the sentiment is Positive. The current price of 1.39 is above the 20-day moving average (MA) of 1.35, above the 50-day MA of 1.32, and above the 200-day MA of 1.37, indicating a bullish trend. The MACD of 0.02 indicates Negative momentum. The RSI at 70.43 is Negative, neither overbought nor oversold. The STOCH value of 79.17 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for HK:0951.

Chaowei Power Holdings Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
2488	78 Outperform	HK$5.05B	14.01	29.08%	0.77%	15.56%	104.76%
1899	73 Outperform	HK$2.39B	8.11	4.28%	10.40%	2.03%	-48.17%
0951	70 Neutral	HK$1.56B	4.89	4.62%	2.29%	22.79%	-19.19%
0819	66 Neutral	$8.09B	6.37	7.12%	0.38%	-10.37%	-38.54%
Sector *	63 Neutral	HK$30.48B	8.75	5.37%	4.10%	-3.09%	4.51%
1760	60 Neutral	HK$1.59B	7.02	8.65%	3.08%	13.37%	-35.53%
0305	55 Neutral	HK$1.68B	30.72	2.60%	2.28%	-25.59%	116.88%

Chaowei Power Holdings Corporate Events

Chaowei Power Holdings Announces Changes in Nomination Committee

Chaowei Power Holdings Limited, a company incorporated in the Cayman Islands, has announced a change in the composition of its nomination committee. Ms. Yang Yunfei, an executive director, and Mr. Sun Wenping, an independent non-executive director, have been appointed as members of the nomination committee effective from June 10, 2025. This change reflects the company’s ongoing efforts to strengthen its governance structure.

Chaowei Power Holdings Announces Board Composition and Committee Roles

Chaowei Power Holdings Limited has announced the composition of its board of directors, which includes executive, non-executive, and independent non-executive directors. The board has established three committees: Audit, Nomination, and Remuneration, with specific members assigned to each. This announcement highlights the company’s governance structure and may impact its strategic direction and stakeholder engagement.

Chaowei Power Holdings Updates Nomination Committee Terms

Chaowei Power Holdings Limited has amended and restated the terms of reference for its Nomination Committee, effective from June 10, 2025. The Committee is tasked with reviewing the Board’s structure, identifying qualified individuals for Board membership, assessing the independence of non-executive directors, and making recommendations on director appointments and succession planning. This move aims to ensure the Board’s composition aligns with the company’s corporate strategy and complies with the Hong Kong Stock Exchange’s listing rules.

Chaowei Power Holdings Secures Shareholder Approval for Key Resolutions at AGM

Chaowei Power Holdings Limited announced the successful approval of all resolutions at its Annual General Meeting held on June 5, 2025. Key resolutions included the approval of the financial statements for 2024, the declaration of a final dividend, the re-election of directors, and the re-appointment of Ernst & Young as auditors. The approval of these resolutions reflects strong shareholder support and positions the company for continued stability and growth.

Chaowei Power Holdings Grants Share Options to Directors and Employees

Chaowei Power Holdings Limited announced the grant of 33,675,000 share options under its 2023 Share Option Scheme to certain directors and employees. This move, representing approximately 3.05% of the total shares, aims to incentivize and retain key personnel, aligning with the company’s long-term strategic goals. The options, which have no performance targets for directors, are structured to vest over three years, motivating employees to meet individual performance targets and contribute to the company’s sustainable development.

Chaowei Power Holdings Announces 2025 AGM and Key Resolutions

Chaowei Power Holdings Limited has announced its upcoming Annual General Meeting (AGM) scheduled for June 5, 2025, where shareholders will consider several resolutions. Key agenda items include the approval of the company’s audited financial statements for 2024, a proposed final dividend of HK$0.043 per share, the re-election of directors, and the re-appointment of Ernst & Young as auditors. Additionally, the meeting will address the authorization of the board to manage share allotments and other related powers, potentially impacting the company’s capital structure and shareholder value.