Minshang Creative Technology Holdings Limited (HK:1632)
:1632
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Minshang Creative Technology Holdings Limited
(1632)
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Rating:50Neutral
Price Target:
HK$0.10
▼(-10.00% Downside)
Action:ReiteratedDate:03/24/26
The score is held back primarily by severe profitability deterioration and weakening cash generation, despite a relatively low-leverage balance sheet. Technicals are mixed (some near-term improvement but still below the 200-day trend), while valuation remains unattractive due to ongoing losses and no dividend support.
Positive Factors
Low leverage and sizable equity
Very low debt and a sizable equity base give the company financial flexibility to fund operations, absorb losses, or execute restructuring without immediate refinancing. This balance-sheet strength provides a multi-month runway for turnaround actions and reduces near-term solvency risk.
Negative Factors
Negative gross profit and large losses
Deeply negative gross margins and large operating losses indicate structural problems in pricing, product mix or cost control. These issues erode core economics and typically require substantial operational or commercial changes to reverse, posing medium-term risk to viability if unresolved.
Read all positive and negative factors
Positive Factors
Negative Factors
Low leverage and sizable equity
Very low debt and a sizable equity base give the company financial flexibility to fund operations, absorb losses, or execute restructuring without immediate refinancing. This balance-sheet strength provides a multi-month runway for turnaround actions and reduces near-term solvency risk.
Read all positive factors
Minshang Creative Technology Holdings Limited (1632) vs. iShares MSCI Hong Kong ETF (EWH)
Market Cap
HK$82.93M
Dividend YieldN/A
Average Volume (3M)104.77K
Price to Earnings (P/E)―
Beta (1Y)-0.06
Revenue GrowthN/A
EPS GrowthN/A
CountryHK
Employees28
SectorTechnology
Sector Strength88
IndustryTechnology Distributors
Share Statistics
EPS (TTM)-0.01
Shares Outstanding953,274,900
10 Day Avg. Volume147,200
30 Day Avg. Volume104,766
Financial Highlights & Ratios
PEG Ratio-0.04
Price to Book (P/B)1.39
Price to Sales (P/S)756.53
P/FCF Ratio-6.14
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
Minshang Creative Technology Holdings Limited Business Overview & Revenue Model
Company Description
Minshang Creative Technology Holdings Limited, an investment holding company, operates a chain of restaurants. It operates through Vietnamese-Style Restaurant Business, Trading Business, and Other Business segments. The company also trades in 3C e...
Minshang Creative Technology Holdings Limited Financial Statement Overview
Summary
Income Statement
12
Very Negative
Balance Sheet
66
Positive
Cash Flow
28
Negative
| Breakdown | TTM | Mar 2025 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 19.54M | 191.00K | 7.95M | 106.59M | 910.33M | 1.59B |
| Gross Profit | -15.96M | -13.52M | -4.17M | 22.05M | 28.76M | 53.97M |
| EBITDA | -45.55M | -60.79M | -36.09M | -9.38M | 483.00K | 38.99M |
| Net Income | -56.08M | -56.75M | -35.79M | -1.36M | -6.03M | 25.55M |
Balance Sheet | ||||||
| Total Assets | 376.47M | 142.56M | 163.10M | 224.28M | 198.64M | 559.76M |
| Cash, Cash Equivalents and Short-Term Investments | 9.65M | 22.36M | 10.49M | 9.74M | 23.79M | 57.45M |
| Total Debt | 104.50M | 438.00K | 1.05M | 8.60M | 14.47M | 34.18M |
| Total Liabilities | 249.57M | 42.68M | 31.00M | 53.09M | 40.23M | 396.36M |
| Stockholders Equity | 98.45M | 103.84M | 132.21M | 171.31M | 158.51M | 163.47M |
Cash Flow | ||||||
| Free Cash Flow | -52.39M | -23.55M | -14.15M | 4.45M | 6.65M | 52.47M |
| Operating Cash Flow | -27.46M | -5.09M | -14.14M | 5.30M | 6.65M | 52.50M |
| Investing Cash Flow | -19.92M | -11.61M | 16.81M | -5.88M | 15.00M | -6.03M |
| Financing Cash Flow | 40.26M | 28.37M | -874.00K | -13.46M | -30.51M | -41.89M |
Minshang Creative Technology Holdings Limited Technical Analysis
Negative
0.11
Price Trends
0.09
Negative
0.09
Negative
0.12
Negative
Market Momentum
>-0.01
Negative
48.95
Neutral
33.33
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For HK:1632, the sentiment is Negative. The current price of 0.11 is above the 20-day moving average (MA) of 0.09, above the 50-day MA of 0.09, and below the 200-day MA of 0.12, indicating a neutral trend. The MACD of >-0.01 indicates Negative momentum. The RSI at 48.95 is Neutral, neither overbought nor oversold. The STOCH value of 33.33 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for HK:1632.
Minshang Creative Technology Holdings Limited Peers Comparison
UnderperformOutperform
Sector (61)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
68 Neutral | HK$452.76M | 1.42 | 3.40% | 4.94% | 17.39% | -55.26% | |
67 Neutral | HK$530.92M | 1.25 | 5.41% | 0.98% | 9.73% | 90.98% | |
61 Neutral | $37.18B | 12.37 | -10.20% | 1.83% | 8.50% | -7.62% | |
56 Neutral | HK$526.80M | 6.65 | 20.37% | ― | 14.50% | 247.50% | |
52 Neutral | HK$176.40M | 23.21 | 3.87% | 3.06% | 4.82% | -71.76% | |
50 Neutral | HK$82.93M | -2.40 | -55.45% | ― | ― | ― | |
42 Neutral | HK$82.00M | -5.81 | -8.54% | 0.94% | -8.83% | -28.76% |
* Technology Sector Average
HK:1632
Minshang Creative Technology Holdings Limited
0.09
-0.07
-45.63%
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AV Concept Holdings Limited
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0.14
38.89%
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Mobicon Group Limited
0.41
0.20
95.24%
HK:1362
SiS Mobile Holdings Limited
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HK:6036
Apex Ace Holding Ltd.
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10.11%
Minshang Creative Technology Holdings Limited Corporate Events
Minshang Creative Technology Tightens Governance With Updated Nomination Committee Mandate
Feb 11, 2026
Minshang Creative Technology Holdings Limited has revised the terms of reference for its Nomination Committee, effective 11 February 2026, to clarify its structure, membership requirements, and responsibilities. The committee’s primary role ...
Minshang Creative Technology Names Veteran Executive Chen Di as CEO and Executive Director
Feb 2, 2026
Minshang Creative Technology Holdings Limited has appointed Chen Di as both an executive director and chief executive officer of the company, effective 2 February 2026, as part of a leadership reshuffle aimed at driving the group’s strategic...
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.
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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.