Cheshi Technology Inc. (1490) AI Stock Analysis

• Market Cap: HK$233.23M
• Dividend Yield: N/A
• Average Volume (3M): 349.67K
• Price to Earnings (P/E): 78.5
• Beta (1Y): 0.61
• Revenue Growth: 2.85%
• EPS Growth: -118.89%
• Country: HK
• Employees: 81
• Sector: Communication Services
• Sector Strength: 97
• Industry: Software - Application
• EPS (TTM): >-0.01
• Shares Outstanding: 1,234,600,000
• 10 Day Avg. Volume: 242,000
• 30 Day Avg. Volume: 349,666
• PEG Ratio: N/A
• Price to Book (P/B): N/A
• Price to Sales (P/S): N/A
• P/FCF Ratio: N/A
• 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: Hold
• Number of Analyst Covering: 0

• Rating: 49 Neutral
• Price Target: HK$0.00 ▼(-100.00% Downside)

Cheshi Technology Inc. faces significant financial challenges, with declining revenue and profitability impacting its financial performance score. The technical analysis suggests a neutral to slightly bearish outlook, while the valuation is concerning due to a negative P/E ratio. These factors combine to produce a below-average overall stock score.

Cheshi Technology Inc. Business Overview & Revenue Model

Company Description

AI X Tech, Inc. is an investment holding company, which engages in online automobile vertical media platforms in China. It offers automobile advertising services through its subsidiaries. The company was founded on November 22, 2018 and is headquartered in Beijing, China.

How the Company Makes Money

Cheshi Technology Inc. generates revenue through a variety of channels. Its primary revenue streams include fees from online car sales platforms, where it facilitates transactions between buyers and sellers and charges a commission or service fee. The company also earns money by providing digital marketing services to car manufacturers and dealerships, leveraging its platform to reach a broad audience of potential car buyers. Additionally, Cheshi Technology may engage in partnerships or collaborations with automotive brands to enhance its service offerings and expand its market reach, thereby increasing its revenue potential.

Cheshi Technology Inc. Financial Statement Overview

Summary

Cheshi Technology Inc. is facing financial challenges with declining revenue and profitability. Despite a strong balance sheet with low leverage, the significant decline in cash flow raises concerns about liquidity and operational efficiency.

Income Statement

Cheshi Technology Inc. has experienced a decline in revenue over the past year, with a negative revenue growth rate of -2.25% from 2023 to 2024. The gross profit margin for 2024 is 56.53%, which is relatively healthy, but the net profit margin has significantly decreased to 1.77% due to a sharp decline in net income. The EBIT and EBITDA margins have also turned negative, indicating operational challenges.

Balance Sheet

The company's balance sheet is strong with a low debt-to-equity ratio of 0.01, indicating minimal leverage. The equity ratio is high at 86.28%, suggesting a strong equity base relative to total assets. However, the return on equity has decreased to 0.50%, reflecting reduced profitability.

Cash Flow

Cheshi Technology Inc. has faced a significant decline in operating cash flow, dropping from 49.23 million in 2023 to 2.10 million in 2024. The free cash flow has also decreased substantially, with a negative growth rate. The operating cash flow to net income ratio is low, indicating potential cash flow issues relative to reported earnings.

Breakdown	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	151.85M	155.36M	170.04M	197.19M	180.40M
Gross Profit	85.85M	121.78M	129.21M	146.40M	152.46M
EBITDA	-13.06M	46.47M	19.40M	60.77M	86.02M
Net Income	2.69M	42.88M	16.40M	41.01M	64.64M
Balance Sheet
Total Assets	622.75M	609.60M	572.42M	560.27M	339.29M
Cash, Cash Equivalents and Short-Term Investments	435.80M	434.55M	401.71M	349.83M	160.47M
Total Debt	5.62M	5.30M	4.50M	22.05M	12.07M
Total Liabilities	88.88M	77.66M	81.82M	80.26M	140.92M
Stockholders Equity	537.41M	535.10M	492.29M	480.34M	198.37M
Cash Flow
Free Cash Flow	856.00K	45.80M	46.30M	44.11M	49.37M
Operating Cash Flow	2.10M	49.23M	49.67M	45.78M	51.58M
Investing Cash Flow	-164.06M	41.05M	-98.83M	82.31M	-90.92M
Financing Cash Flow	-2.50M	-1.53M	-19.15M	176.28M	-7.03M

Cheshi Technology Inc. Technical Analysis

• Technical Analysis Sentiment: Neutral
• Last Price: 0.20
• 50DMA: Negative
• 100DMA: Positive
• 200DMA: Positive
• MACD: Positive
• RSI: Neutral
• STOCH: Positive

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For HK:1490, the sentiment is Neutral. The current price of 0.2 is below the 20-day moving average (MA) of 0.21, below the 50-day MA of 0.20, and above the 200-day MA of 0.19, indicating a neutral trend. The MACD of >-0.01 indicates Positive momentum. The RSI at 43.62 is Neutral, neither overbought nor oversold. The STOCH value of 11.76 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for HK:1490.

Cheshi Technology Inc. Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
1490	49 Neutral	HK$233.23M	78.52	-0.67%	―	2.85%	-118.89%
1753	48 Neutral	HK$301.51M	-5.91	-2.98%	―	-5.89%	-330.91%
6988	48 Neutral	HK$337.54M	-0.42	-212.57%	―	-99.64%	15.42%
1993	45 Neutral	HK$344.27M	-6.69	―	―	-38.24%	-31.99%
0164	44 Neutral	HK$117.88M	-20.56	0.15%	―	-11.81%	94.46%
Sector *	60 Neutral	$48.67B	4.58	-11.27%	4.14%	2.83%	-41.78%

Cheshi Technology Inc. Corporate Events

AI X Tech Inc. Announces Board Composition and Roles

AI X Tech Inc., incorporated in the Cayman Islands, has announced the composition of its board of directors, including both executive and independent non-executive directors. The announcement details the roles and functions of the board members, highlighting the leadership positions in various committees such as Audit, Remuneration, and Nomination, which are crucial for the company’s governance and strategic direction.

Cheshi Technology Inc. Forms Nomination Committee to Enhance Governance

Cheshi Technology Inc. has established a Nomination Committee as part of its corporate governance framework. The committee, composed of at least three directors with a majority being independent non-executive directors, aims to ensure transparency and fairness in the nomination process. This move is expected to strengthen the company’s governance practices and enhance stakeholder confidence.

AI X Tech Inc. Strengthens Governance with New Nomination Committee Appointments

AI X Tech Inc. has announced the appointment of new members to its Nomination Committee in compliance with the updated Corporate Governance Code effective July 2025. The appointments include Ms. Zhang Nan, an executive Director, and Mr. Ng Jack Ho Wan, an independent non-executive Director, enhancing the committee’s diversity and governance structure.

AI X Tech Inc. Successfully Passes All Resolutions at Annual General Meeting

AI X Tech Inc., a company incorporated in the Cayman Islands, held its Annual General Meeting on May 22, 2025, where all proposed resolutions were passed by shareholders through a poll. The resolutions included the adoption of financial statements, re-election of directors, re-appointment of auditors, and granting of general mandates to the directors for share issuance and repurchase. The successful passing of these resolutions indicates strong shareholder support and positions the company for continued operational stability and strategic flexibility in managing its share capital.