Maike Tube Industry Holdings Limited (1553) AI Stock Analysis

• Market Cap: HK$563.94M
• Dividend Yield: 9.23%
• Average Volume (3M): 6.54K
• Price to Earnings (P/E): 3.7
• Beta (1Y): 0.35
• Revenue Growth: 15.29%
• EPS Growth: -9.10%
• Country: HK
• Employees: 1,229
• Sector: Basic Materials
• Sector Strength: 73
• Industry: Steel
• EPS (TTM): 0.35
• Shares Outstanding: 433,800,000
• 10 Day Avg. Volume: 4,200
• 30 Day Avg. Volume: 6,536
• PEG Ratio: -0.30
• Price to Book (P/B): 0.49
• Price to Sales (P/S): 0.00
• P/FCF Ratio: -4.25
• 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: 73 Outperform
• Price Target: HK$1.50 ▲(15.38%Upside)

Maike Tube Industry Holdings Limited's strong financial performance, characterized by robust revenue growth and a solid balance sheet, significantly bolsters its score. The undervaluation indicated by a low P/E ratio and high dividend yield further enhances its attractiveness. However, technical indicators suggest caution due to overbought conditions, which slightly moderates the overall score.

Maike Tube Industry Holdings Limited Business Overview & Revenue Model

Company Description

Maike Tube Industry Holdings Limited (1553) is a company engaged in the manufacturing and sale of steel tubes and pipes. The company operates within the industrial sector, focusing on the production of welded steel pipes and galvanized steel pipes. These products are primarily used in industries such as construction, infrastructure, and energy, serving clients who require durable and reliable steel piping solutions.

How the Company Makes Money

Maike Tube Industry Holdings Limited generates revenue through the manufacturing and sale of its steel tube products. The company's primary revenue streams include the sale of welded steel pipes and galvanized steel pipes, which are distributed to various industries including construction, infrastructure, and energy sectors. The demand for steel pipes in these industries is driven by infrastructure development, construction projects, and energy distribution needs. Additionally, the company may engage in strategic partnerships or contracts with key players in these industries to secure long-term supply agreements, further enhancing its revenue potential. Factors contributing to its earnings include the quality and durability of its products, efficient production processes, and its ability to meet the specific needs of its industrial clients.

Maike Tube Industry Holdings Limited Financial Statement Overview

Summary

Maike Tube Industry Holdings Limited exhibits strong revenue growth and maintains a robust balance sheet with low leverage. While profitability and capital structure are commendable, cash flow management needs attention to ensure sustainable financial health.

Income Statement

Maike Tube Industry Holdings Limited has demonstrated strong revenue growth over the past years, increasing from 1,125 million in 2019 to 2,574 million in 2024. The gross profit margin and net profit margin have remained stable around 14%-15% and 5%-6% respectively, indicating consistent profitability. However, there is a slight decline in EBIT margin over the years, which could indicate rising operational costs.

Balance Sheet

The company maintains a healthy balance sheet with a low debt-to-equity ratio of 0.06 in 2024, showing a conservative approach to leverage. The equity ratio is strong at around 53%, indicating a solid capital structure. However, the return on equity has shown slight fluctuations, indicating varying efficiencies in using equity capital.

Cash Flow

Cash flow analysis shows fluctuations in free cash flow, with negative values in some years, reflecting potential issues in cash generation. However, the company has managed to improve its cash position significantly by 2024. The operating cash flow to net income ratio demonstrates periods of cash flow challenges, highlighting a need for better cash management.

Breakdown	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	2.57B	2.19B	2.11B	1.78B	1.26B
Gross Profit	378.42M	383.54M	390.92M	329.32M	267.49M
EBITDA	171.70M	199.01M	169.82M	123.08M	124.99M
Net Income	142.34M	153.73M	139.69M	116.02M	99.53M
Balance Sheet
Total Assets	2.13B	1.70B	1.28B	1.23B	998.64M
Cash, Cash Equivalents and Short-Term Investments	288.38M	90.43M	57.76M	86.55M	174.75M
Total Debt	72.29M	42.96M	83.39M	176.28M	64.89M
Total Liabilities	992.82M	644.34M	342.57M	395.99M	243.22M
Stockholders Equity	1.14B	1.05B	934.58M	826.63M	755.43M
Cash Flow
Free Cash Flow	-258.23M	-46.32M	127.68M	-160.28M	151.79M
Operating Cash Flow	-158.94M	-20.39M	177.85M	22.67M	184.46M
Investing Cash Flow	-158.46M	-180.75M	-74.60M	-80.42M	-130.91M
Financing Cash Flow	322.30M	214.54M	-136.09M	57.81M	-179.33M

Maike Tube Industry Holdings Limited Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 1.30
• 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:1553, the sentiment is Positive. The current price of 1.3 is below the 20-day moving average (MA) of 1.37, above the 50-day MA of 1.29, and above the 200-day MA of 1.29, indicating a neutral trend. The MACD of <0.01 indicates Positive momentum. The RSI at 48.39 is Neutral, neither overbought nor oversold. The STOCH value of 22.73 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for HK:1553.

Maike Tube Industry Holdings Limited Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
1203	80 Outperform	€853.14M	6.19	5.38%	5.32%	15.34%	113.64%
1553	73 Outperform	HK$563.94M	3.65	13.06%	9.23%	15.29%	-9.10%
1938	73 Outperform	HK$228.52M	1.05	18.42%	―	8.99%	11.60%
6890	72 Outperform	HK$281.91M	2.80	11.21%	―	-0.82%	19.45%
Sector *	58 Neutral	HK$16.41B	4.43	-5.52%	5.25%	-3.57%	-61.41%
1090	46 Neutral	HK$854.55M	―	-15.03%	―	-9.84%	-90.32%

Maike Tube Industry Holdings Limited Corporate Events

Maike Tube Industry Holdings Secures Unanimous Approval for AGM Resolutions

Maike Tube Industry Holdings Limited announced that all resolutions proposed at its Annual General Meeting on May 30, 2025, were unanimously approved by shareholders. Key resolutions included the adoption of financial statements, approval of a final dividend, re-election of directors, and authorization for the board to manage director remuneration and share issuance. These approvals reflect strong shareholder confidence in the company’s governance and strategic direction.

Maike Tube Industry Announces AGM and Key Resolutions for 2025

Maike Tube Industry Holdings Limited has announced its upcoming annual general meeting scheduled for May 30, 2025, in Hong Kong. Key agenda items include the adoption of financial statements for 2024, approval of a final dividend, re-election of directors, and re-appointment of auditors. Additionally, the company seeks authorization to issue new shares, which could impact its capital structure and shareholder value.