Maike Tube Industry Holdings Limited (1553) AI Stock Analysis

• Market Cap: HK$607.32M
• Dividend Yield: 8.57%
• Average Volume (3M): 16.80K
• Price to Earnings (P/E): 3.9
• Beta (1Y): 0.41
• Revenue Growth: 15.29%
• EPS Growth: -9.10%
• Country: HK
• Employees: 1,229
• Sector: Basic Materials
• Sector Strength: 68
• Industry: Steel
• EPS (TTM): 0.35
• Shares Outstanding: 433,800,000
• 10 Day Avg. Volume: 9,800
• 30 Day Avg. Volume: 16,803
• PEG Ratio: 0.17
• Price to Book (P/B): 0.46
• Price to Sales (P/S): 0.00
• P/FCF Ratio: 3.39
• 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: 76 Outperform
• Price Target: ―

Maike Tube Industry Holdings Limited shows strong financial performance with notable revenue growth and a solid balance sheet, though cash flow management needs attention. The stock is attractively valued with a low P/E ratio and high dividend yield, offering potential for income-focused investors. Technical indicators suggest a stable stock price with no significant momentum.

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

Strong revenue growth and a robust balance sheet with low leverage characterize Maike Tube Industry Holdings Limited's financial performance. However, cash flow management issues and a slight decline in EBIT margin suggest potential areas for improvement in operational efficiency.

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
	EBIT
136.72M	164.03M	139.01M	100.18M	103.92M
	EBITDA
171.70M	199.01M	169.82M	123.08M	124.99M
	Net Income Common Stockholders
142.34M	153.73M	139.69M	116.02M	99.53M
Balance Sheet		Cash, Cash Equivalents and Short-Term Investments
288.38M	90.43M	57.76M	86.55M	174.75M
	Total Assets
2.13B	1.70B	1.28B	1.23B	998.64M
	Total Debt
72.29M	42.96M	83.39M	176.28M	64.89M
	Net Debt
-5.00M	-28.98M	25.64M	89.73M	-22.36M
	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
0.00	-46.32M	127.68M	-160.28M	151.79M
	Operating Cash Flow
0.00	-20.39M	177.85M	22.67M	184.46M
	Investing Cash Flow
0.00	-180.75M	-74.60M	-80.42M	-130.91M
	Financing Cash Flow
0.00	214.54M	-136.09M	57.81M	-179.33M

Maike Tube Industry Holdings Limited Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 1.40
• 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:1553, the sentiment is Positive. The current price of 1.4 is above the 20-day moving average (MA) of 1.26, above the 50-day MA of 1.25, and above the 200-day MA of 1.27, indicating a bullish trend. The MACD of 0.04 indicates Negative momentum. The RSI at 78.46 is Negative, neither overbought nor oversold. The STOCH value of 76.09 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
1088	80 Outperform	$822.74B	11.16	12.78%	7.20%	-7.73%	-6.97%
1066	77 Outperform	$27.90B	12.50	8.95%	4.37%	-3.09%	0.67%
1553	76 Outperform	HK$607.32M	3.93	13.06%	8.57%	15.29%	-9.10%
3899	75 Outperform	$12.84B	10.78	9.63%	4.74%	2.96%	-4.32%
1618	75 Outperform	HK$61.53B	5.34	5.56%	5.00%	-19.10%	-30.15%
0763	74 Outperform	$157.25B	12.78	11.39%	2.87%	-2.65%	-14.96%
Sector *	51 Neutral	$2.03B	-1.27	-21.09%	4.14%	2.90%	-30.49%

Maike Tube Industry Holdings Limited Corporate Events

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.

Maike Tube Industry Holdings Finalizes Subsidiary Disposal

Maike Tube Industry Holdings Limited has completed the disposal of its subsidiary, Maike Smart, as per the Equity Transfer Agreement. This transaction, finalized on March 28, 2025, means Maike Smart’s financial results will no longer be part of the Group’s consolidated financial statements, indicating a strategic shift in the company’s operations.

Maike Tube Industry Holdings Announces Final Dividend for 2024

Maike Tube Industry Holdings Limited has announced a final cash dividend of HKD 0.12 per share for the financial year ending December 31, 2024. The dividend reflects the company’s financial performance and commitment to returning value to shareholders, with payment scheduled for July 9, 2025, following shareholder approval in May.

Maike Tube Industry Reports Revenue Growth Amid Profit Decline

Maike Tube Industry Holdings Limited reported its financial results for the year ending December 31, 2024, showing a 17.5% increase in revenue to RMB 2,574,330,000. However, the company’s profit decreased by 7.2% to RMB 141,820,000, and the gross profit margin fell from 17.5% to 14.7%, indicating challenges in maintaining profitability despite revenue growth.

Maike Tube Industry Holdings Passes Key Resolutions at EGM

Maike Tube Industry Holdings Limited announced that all proposed resolutions at its Extraordinary General Meeting (EGM) held on March 24, 2025, were passed as ordinary resolutions. The resolutions included the approval of the Equity Transfer Agreement, the 2025 Products Supply Framework Agreement, and the 2025 Products Purchase Framework Agreement, with all votes cast in favor. This outcome reflects the company’s strategic decisions to enhance its operational agreements and frameworks, potentially impacting its market operations and stakeholder interests positively.

Maike Tube Industry Holdings Announces Upcoming Board Meeting

Maike Tube Industry Holdings Limited has announced a board meeting scheduled for March 25, 2025, to discuss and approve the annual results for the year ending December 31, 2024. The meeting will also consider recommending a final dividend and address other business matters, which could impact the company’s financial strategy and shareholder returns.

Maike Tube Industry Holdings Schedules EGM to Approve Key Agreements

Maike Tube Industry Holdings Limited has announced an extraordinary general meeting (EGM) scheduled for March 24, 2025, to discuss and approve several key resolutions. These include the approval of an Equity Transfer Agreement and related disposal, as well as the 2025 Products Supply and Purchase Framework Agreements. The outcomes of these resolutions could significantly impact the company’s operational strategies and market positioning.