Cherish Sunshine International Limited (1094) AI Stock Analysis

• Market Cap: HK$177.75M
• Dividend Yield: N/A
• Average Volume (3M): 1.45M
• Price to Earnings (P/E): ―
• Beta (1Y): 0.88
• Revenue Growth: -92.58%
• EPS Growth: -44916.67%
• Country: HK
• Employees: 88
• Sector: Industrials
• Sector Strength: 72
• Industry: Information Technology Services
• EPS (TTM): -0.06
• Shares Outstanding: 592,512,700
• 10 Day Avg. Volume: 195,116
• 30 Day Avg. Volume: 1,452,748
• PEG Ratio: <0.01
• Price to Book (P/B): 0.85
• Price to Sales (P/S): 1.76
• P/FCF Ratio: 3.77
• 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: 49 Neutral
• Price Target: HK$0.30 ▼(-21.32% Downside)

The score is held down primarily by weak financial performance, driven by a sharp revenue drop and ongoing losses, despite improved free cash flow. Technicals are mixed with some short-term strength but a weaker longer-term trend, and valuation is constrained by negative earnings (negative P/E) with no dividend yield data.

Positive Factors

Free cash flow recovery

A near tenfold rise in free cash flow and an FCF-to-net income ratio of 0.99 indicate the company now converts reported results into actual cash efficiently. Durable cash generation improves liquidity, funds working capital and reduces dependence on external financing over the medium term.

Manageable leverage

A debt-to-equity ratio of 0.84 signals moderate leverage for an import/export wholesaler. This level of debt provides financial flexibility to support inventory cycles and seasonal working capital needs while limiting immediate solvency risk, aiding operational resilience over months.

Diversified sourcing and channels

Established supplier partnerships and a business model spanning wholesale distribution and potential direct-to-consumer channels create durable sourcing and route-to-market diversification. This reduces single-supplier and single-channel risk and supports stable product availability and margin negotiation.

Negative Factors

Severe revenue decline

An ~85% revenue drop is a structural red flag: it erodes scale economics, strains fixed-cost absorption and weakens customer relationships. Sustained or recurring declines reduce bargaining power with suppliers and retailers, impairing long-term competitiveness unless top-line recovery is achieved.

Negative profitability

Persistent negative EBIT and net margins indicate the core trading model is not currently profitable. Ongoing losses deplete equity, limit reinvestment in sourcing or channels and increase likelihood of future funding needs, posing a durable threat to operational sustainability.

Negative return on equity

A negative ROE shows the company is not generating returns for shareholders from deployed capital. Over time this reflects weak capital allocation and earnings generation, undermining investor confidence and making it harder to raise equity or retain capital for strategic initiatives.

Cherish Sunshine International Limited Business Overview & Revenue Model

Company Description

China Public Procurement Limited, an investment holding company, engages in the trading of various products in the People's Republic of China. It operates through five segments: Provision of Procurement Services, Trading Business, Provision of Corporate IT Solution, Rental Income, Energy Management Contracting Business. The company is involved in the provision of procurement services to governmental authorities, and private enterprises; and provides energy management contracting services. It also engages in the leasing of investment properties; and trades in various products. In addition, the company develops software and provides maintenance services. The company was formerly known as Sunny Global Holdings Limited and changed its name to China Public Procurement Limited in May 2009. China Public Procurement Limited was incorporated in 2002 and is headquartered in Hangzhou, Hong Kong.

How the Company Makes Money

Cherish Sunshine International Limited generates revenue through multiple key streams. The primary revenue model revolves around the wholesale distribution of its imported goods to retailers, which includes generating sales through bulk orders. Additionally, the company may engage in direct-to-consumer sales through online platforms, expanding its market reach and customer base. Significant partnerships with manufacturers and suppliers enable Cherish Sunshine to maintain a steady flow of products while negotiating favorable terms that enhance profitability. Furthermore, the company's ability to adapt to market trends and consumer preferences allows it to optimize its inventory and reduce overhead costs, thereby contributing positively to its earnings.

Cherish Sunshine International Limited Financial Statement Overview

Summary

Overall financials are weak: the income statement shows an 85.15% revenue decline and negative net/EBIT margins (heavy losses). The balance sheet has manageable leverage (debt-to-equity 0.84) but negative ROE. Cash flow is a relative bright spot with sharply higher free cash flow growth (+968.47%) and strong FCF-to-net income (0.99), partially offset by low operating cash flow to net income (0.14).

Income Statement

The income statement reveals significant challenges, with a drastic revenue decline of 85.15% in the latest period. The company has negative net and EBIT margins, indicating substantial losses. The gross profit margin is relatively low at 28.68%, and the revenue growth trajectory has been inconsistent over the years, reflecting volatility in the company's operations.

Balance Sheet

The balance sheet shows a moderate debt-to-equity ratio of 0.84, suggesting manageable leverage. However, the return on equity is negative, indicating that the company is not generating profits from its equity base. The equity ratio is not explicitly provided, but the overall financial health appears stable with a reasonable level of equity compared to assets.

Cash Flow

Cash flow analysis highlights a remarkable improvement in free cash flow growth, up by 968.47%. The operating cash flow to net income ratio is low at 0.14, suggesting limited cash generation relative to net income. However, the free cash flow to net income ratio is strong at 0.99, indicating efficient cash conversion from earnings.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	49.07M	98.25M	782.18M	271.72M	112.20M	93.56M
Gross Profit	16.76M	28.18M	59.51M	37.63M	19.38M	18.61M
EBITDA	-103.47M	-129.58M	-1.38M	3.12M	-27.94M	-4.21M
Net Income	-159.16M	-123.89M	656.00K	13.28M	-25.54M	1.64M
Balance Sheet
Total Assets	508.06M	538.01M	727.93M	593.42M	369.22M	360.00M
Cash, Cash Equivalents and Short-Term Investments	21.69M	30.53M	6.31M	8.48M	27.59M	17.66M
Total Debt	173.88M	171.97M	124.11M	137.96M	26.94M	34.74M
Total Liabilities	341.85M	344.97M	432.62M	283.06M	174.56M	155.53M
Stockholders Equity	177.44M	204.72M	307.00M	321.87M	206.91M	214.38M
Cash Flow
Free Cash Flow	-28.20M	45.92M	11.80M	-222.47M	-25.67M	1.22M
Operating Cash Flow	-28.01M	46.11M	12.58M	-217.05M	-25.13M	1.61M
Investing Cash Flow	-10.63M	-95.33M	-146.00K	-764.00K	1.03M	-6.09M
Financing Cash Flow	7.45M	62.45M	-14.40M	200.86M	33.98M	-2.99M

Cherish Sunshine International Limited Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 0.38
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For HK:1094, the sentiment is Negative. The current price of 0.38 is above the 20-day moving average (MA) of 0.32, above the 50-day MA of 0.34, and below the 200-day MA of 0.44, indicating a bearish trend. The MACD of -0.02 indicates Positive momentum. The RSI at 35.58 is Neutral, neither overbought nor oversold. The STOCH value of 29.63 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for HK:1094.

Cherish Sunshine International Limited Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
Sector *	63 Neutral	$10.79B	15.43	7.44%	2.01%	2.89%	-14.66%
2700	51 Neutral	HK$389.34M	-137.21	-7.37%	―	11.32%	62.61%
0118	50 Neutral	HK$161.18M	17.31	0.53%	―	-9.32%	―
1094	49 Neutral	HK$177.75M	-1.11	-58.89%	―	-92.58%	-44916.67%
1222	49 Neutral	HK$298.80M	-0.25	-30.56%	―	30.86%	-67.89%
1282	41 Neutral	HK$500.00M	-1.37	-4.03%	―	55.27%	68.84%

Cherish Sunshine International Limited Corporate Events

Cherish Sunshine Drops Photovoltaic Inverter Joint Venture After PRC Policy Shift

Cherish Sunshine International Limited has terminated a previously announced plan to form a joint venture with Xinhui Yuanheng to invest in the photovoltaic inverter business in mainland China. Although the JV company had been incorporated, neither party had injected share capital, and, following recent changes in PRC policies affecting the photovoltaic industry in early January 2026, both sides agreed that launching the venture was no longer commercially justifiable and signed a termination agreement on 16 January 2026, with the JV to be deregistered. The board stated that ending the venture is not expected to have a material adverse impact on the group’s financial performance or operations and considers the decision to be in the overall interests of the company and its shareholders.

The most recent analyst rating on (HK:1094) stock is a Hold with a HK$0.33 price target. To see the full list of analyst forecasts on Cherish Sunshine International Limited stock, see the HK:1094 Stock Forecast page.

Cherish Sunshine Forms Photovoltaic Joint Venture in Shanghai

Cherish Sunshine International Limited has announced the formation of a joint venture company in Shanghai with Xinhui Yuanheng, focusing on the photovoltaic industry. The joint venture will have a registered capital of RMB120 million, with Cherish Sunshine’s subsidiary Chengguang Zhongcai contributing 37.5% and Xinhui Yuanheng contributing 62.5%. As a minority shareholder, Cherish Sunshine will not consolidate the joint venture’s financial results into its own statements, indicating a strategic move to expand its market presence without impacting its current financial structure.

The most recent analyst rating on (HK:1094) stock is a Hold with a HK$0.50 price target. To see the full list of analyst forecasts on Cherish Sunshine International Limited stock, see the HK:1094 Stock Forecast page.

Cherish Sunshine Reports Interim Loss Amid Revenue Decline

Cherish Sunshine International Limited reported its unaudited interim results for the six months ending September 30, 2025, showing a significant decline in revenue and profit compared to the same period in 2024. The company experienced a loss of HK$32,895,000, attributed to various factors including a decrease in revenue, increased administrative expenses, and losses in fair value of investment properties, despite some gains from other income and disposal of subsidiaries.

The most recent analyst rating on (HK:1094) stock is a Hold with a HK$0.50 price target. To see the full list of analyst forecasts on Cherish Sunshine International Limited stock, see the HK:1094 Stock Forecast page.

Cherish Sunshine International Issues Profit Warning Amid Expected Loss

Cherish Sunshine International Limited has issued a profit warning, indicating a significant expected loss for the current period compared to a profit in the previous year. The anticipated loss, ranging from HK$30 million to HK$35 million, is primarily due to a fair value loss on investment properties, which contrasts with a gain in the prior period. The company is taking measures to protect its interests and does not expect this result to significantly impact future operations.

The most recent analyst rating on (HK:1094) stock is a Hold with a HK$0.50 price target. To see the full list of analyst forecasts on Cherish Sunshine International Limited stock, see the HK:1094 Stock Forecast page.

Cherish Sunshine International Limited Schedules Board Meeting for Interim Results

Cherish Sunshine International Limited has announced that its Board of Directors will convene on November 28, 2025, to review and approve the interim financial results for the six months ending September 30, 2025. The meeting will also consider the recommendation for the payment of an interim dividend, reflecting the company’s ongoing financial assessments and potential shareholder returns.

The most recent analyst rating on (HK:1094) stock is a Hold with a HK$0.50 price target. To see the full list of analyst forecasts on Cherish Sunshine International Limited stock, see the HK:1094 Stock Forecast page.

Cherish Sunshine International Announces Board Reshuffle

Cherish Sunshine International Limited has announced significant changes in its board of directors. Mr. Zhou Xiangtao has resigned as Executive Director and Joint Chairman to focus on other business commitments, while Mr. Ng Siu Hong has been appointed as a non-executive Director. Additionally, Mr. Zhao Zhijiao has been appointed as Joint Chairman of the Board. These changes are expected to impact the company’s leadership dynamics and potentially influence its strategic direction.

The most recent analyst rating on (HK:1094) stock is a Hold with a HK$0.50 price target. To see the full list of analyst forecasts on Cherish Sunshine International Limited stock, see the HK:1094 Stock Forecast page.

Cherish Sunshine International Limited Announces Board Composition

Cherish Sunshine International Limited, incorporated in Bermuda, has announced the composition of its board of directors and their respective roles within the company. The board includes executive directors, a non-executive director, and independent non-executive directors, with specific members serving on the audit, remuneration, and nomination committees. This announcement provides clarity on the governance structure of the company, potentially impacting its strategic decision-making and stakeholder confidence.

The most recent analyst rating on (HK:1094) stock is a Hold with a HK$0.50 price target. To see the full list of analyst forecasts on Cherish Sunshine International Limited stock, see the HK:1094 Stock Forecast page.

Cherish Sunshine International Enhances Risk Management and Reporting Processes

Cherish Sunshine International Limited has announced supplemental information regarding its risk management and internal control measures following a delay in the publication of its FY24/25 annual results. The company has implemented an enhanced human resources policy to ensure proper handover of information, established a centralized contact list for suppliers and customers, and reviewed joint venture agreements to improve cooperation with partners. These measures aim to streamline the company’s annual reporting process and maintain effective communication with stakeholders.

The most recent analyst rating on (HK:1094) stock is a Hold with a HK$0.50 price target. To see the full list of analyst forecasts on Cherish Sunshine International Limited stock, see the HK:1094 Stock Forecast page.