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Da Ming International Holdings Limited (HK:1090)
:1090

Da Ming International Holdings Limited (1090) AI Stock Analysis

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HK

Da Ming International Holdings Limited

(Frankfurt:1090)

Rating:44Neutral
Price Target:
HK$0.50
▼(-23.08%Downside)
The overall stock score is driven by weak financial performance, highlighted by declining revenues and negative profitability, and challenging valuation with a negative P/E ratio. Technical analysis provides a slightly better outlook with neutral momentum indicators, but the lack of earnings call data and corporate events leaves significant gaps in the assessment.

Da Ming International Holdings Limited (1090) vs. iShares MSCI Hong Kong ETF (EWH)

Da Ming International Holdings Limited Business Overview & Revenue Model

Company DescriptionDa Ming International Holdings Limited (1090) is a leading company in the processing, distribution, and sales of stainless steel and carbon steel products. The company operates primarily in China and serves various industries including automotive, construction, and machinery manufacturing. Da Ming International is recognized for its extensive distribution network and comprehensive processing facilities, which enable it to deliver a wide range of steel solutions tailored to customer needs.
How the Company Makes MoneyDa Ming International Holdings Limited makes money primarily through the processing and sale of stainless steel and carbon steel products. The company's revenue streams include direct sales to industrial clients across several sectors such as automotive, construction, and machinery manufacturing. Additionally, Da Ming leverages its extensive distribution network to reach a diverse customer base, enhancing its sales volume and market penetration. The company's strategic partnerships with major steel manufacturers further bolster its supply chain and product offerings, contributing to its revenue growth. By offering value-added processing services, Da Ming can command premium pricing and attract a loyal customer base, which are significant factors in its earnings.

Da Ming International Holdings Limited Financial Statement Overview

Summary
Da Ming International Holdings Limited faces significant financial challenges, including declining revenue, negative profitability, and high leverage. While there are signs of improvement in cash flow, the overall financial health remains weak, requiring strategic actions to stabilize and improve operations.
Income Statement
35
Negative
The income statement shows a concerning trend with declining revenues and negative net income in recent years. The revenue decreased by 8.13% from the previous year. Margins are under pressure, with the gross profit margin at approximately 1.48% and the net profit margin at -0.89% for the latest year. The company experienced a negative EBIT margin of -0.42% and a negative EBITDA margin of 0.49%, indicating operational challenges.
Balance Sheet
45
Neutral
The balance sheet reveals high leverage with a debt-to-equity ratio of 2.89, which is concerning and indicates potential liquidity risks. The equity ratio stands at 19.49%, reflecting a relatively low equity buffer. Return on equity is negative at -16.40%, further highlighting profitability issues. Despite these challenges, the company maintains a stable asset base.
Cash Flow
40
Negative
Cash flow analysis indicates some improvement in free cash flow, which turned positive in the latest year. However, the operating cash flow to net income ratio is relatively low, indicating inefficiencies in converting sales to cash. The free cash flow to net income ratio is 0.22, showing a slight improvement but remains low, suggesting limited cash generation relative to net income.
Breakdown
Dec 2024Dec 2023Dec 2022Dec 2021Dec 2020
Income StatementTotal Revenue
46.45B50.56B50.12B46.35B35.13B
Gross Profit
685.69M921.53M908.63M1.83B1.43B
EBIT
-196.69M29.56M82.26M961.23M709.79M
EBITDA
226.89M503.89M503.36M1.42B1.03B
Net Income Common Stockholders
-414.58M-219.07M-158.83M495.04M347.98M
Balance SheetCash, Cash Equivalents and Short-Term Investments
203.65M324.35M406.86M183.28M103.19M
Total Assets
12.97B13.19B12.78B11.96B10.77B
Total Debt
7.32B7.37B6.95B5.88B5.36B
Net Debt
7.16B7.10B6.54B5.74B5.26B
Total Liabilities
10.11B9.91B9.27B8.21B7.45B
Stockholders Equity
2.53B2.94B3.17B3.41B2.96B
Cash FlowFree Cash Flow
-4.65M-599.27M-386.56M-252.30M-237.74M
Operating Cash Flow
439.46M67.28M272.28M436.24M340.97M
Investing Cash Flow
-432.33M-654.46M-649.17M-644.81M-567.27M
Financing Cash Flow
-118.77M444.39M635.90M248.89M171.69M

Da Ming International Holdings Limited Technical Analysis

Technical Analysis Sentiment
Positive
Last Price0.65
Price Trends
50DMA
0.62
Positive
100DMA
0.63
Positive
200DMA
0.69
Negative
Market Momentum
MACD
<0.01
Negative
RSI
57.16
Neutral
STOCH
53.70
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For HK:1090, the sentiment is Positive. The current price of 0.65 is above the 20-day moving average (MA) of 0.63, above the 50-day MA of 0.62, and below the 200-day MA of 0.69, indicating a neutral trend. The MACD of <0.01 indicates Negative momentum. The RSI at 57.16 is Neutral, neither overbought nor oversold. The STOCH value of 53.70 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for HK:1090.

Da Ming International Holdings Limited Peers Comparison

Overall Rating
UnderperformOutperform
Sector (51)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
76
Outperform
HK$607.32M3.9313.06%8.63%15.29%-9.10%
74
Outperform
HK$568.63M3.6011.93%2.52%-16.88%13.77%
54
Neutral
€1.19B28.391.79%2.27%-3.91%-46.06%
53
Neutral
€872.00M131.58-0.96%-41.26%-110.87%
51
Neutral
$2.04B-1.26-21.09%3.98%2.91%-30.49%
44
Neutral
HK$816.85M-15.03%-9.84%-90.32%
* Basic Materials Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
HK:1090
Da Ming International Holdings Limited
0.65
-0.35
-35.00%
HK:1553
Maike Tube Industry Holdings Limited
1.40
0.14
11.11%
HK:1231
Newton Resources Ltd.
0.22
-0.17
-44.10%
HK:1118
Golik Holdings Limited
0.99
0.22
28.57%
HK:0103
Shougang Concord Century Holding Ltd.
0.44
0.21
91.30%

Da Ming International Holdings Limited Corporate Events

Da Ming International Successfully Passes All AGM Resolutions
Jun 10, 2025

Da Ming International Holdings Limited announced the successful passing of all resolutions at its Annual General Meeting held on June 10, 2025. The resolutions included the adoption of financial statements, re-election of directors, authorization of director remuneration, re-appointment of auditors, and granting of mandates to directors regarding shares. This outcome reflects strong shareholder support and may positively impact the company’s governance and operational strategies.

Da Ming International Enhances Employee Incentives with Share Award Scheme
May 26, 2025

Da Ming International Holdings Limited has issued a supplemental announcement to its 2024 annual report, detailing its Share Award Scheme. The scheme outlines a vesting schedule for awarded shares to selected employees over a five-year period, contingent on continued employment and performance metrics. This initiative aims to incentivize and retain key employees, potentially impacting the company’s operational efficiency and market competitiveness.

Da Ming International Announces Annual General Meeting and Share Buyback Plans
Apr 24, 2025

Da Ming International Holdings Limited has announced its upcoming Annual General Meeting scheduled for June 10, 2025, in Wuxi, Jiangsu, China. The meeting will address several key business items, including the adoption of financial statements, re-election of directors, and re-appointment of auditors. Additionally, shareholders will consider resolutions regarding the company’s authority to buy back shares, which could impact the company’s market positioning and shareholder value.

Da Ming International Reports Increased Losses Amid Revenue Decline in 2024
Mar 28, 2025

Da Ming International Holdings Limited reported its annual financial results for the year ended December 31, 2024, revealing a decrease in revenue by 8.1% to RMB 46,453,309,000 and a significant increase in total comprehensive loss by 102.2% to RMB 385,139,000 compared to the previous year. Despite a slight increase in stainless steel sales volume, the company faced challenges with reduced gross profit and increased losses, impacting its financial performance and potentially affecting stakeholders’ confidence.

Da Ming International Holdings Forms Nomination Committee to Enhance Board Diversity
Mar 28, 2025

Da Ming International Holdings Limited has established a Nomination Committee to oversee the structure, size, and diversity of its Board of Directors. The committee, consisting of at least three members with a majority being independent non-executive directors, will be responsible for reviewing board composition and recommending changes to align with the company’s corporate strategy.

Da Ming International Announces Change in Nomination Committee
Mar 28, 2025

Da Ming International Holdings Limited, a company incorporated in the Cayman Islands, has announced a change in the composition of its Nomination Committee. Ms. Xu Xia, an executive director and vice-chairman, has been appointed as a member of the Nomination Committee effective March 28, 2025. This appointment brings the total number of committee members to six, including four independent non-executive directors and two executive directors. This change reflects the company’s ongoing efforts to strengthen its governance structure.

Da Ming International Announces Board Composition and Roles
Mar 28, 2025

Da Ming International Holdings Limited has announced the composition of its Board of Directors, which includes executive, non-executive, and independent non-executive directors. The announcement details the roles and functions of each board member, highlighting their involvement in various board committees such as the Audit, Nomination, and Remuneration Committees. This update provides clarity on the governance structure of the company, potentially impacting its strategic direction and stakeholder confidence.

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.