Ruicheng (China) Media Group Limited (1640) AI Stock Analysis

• Market Cap: HK$2.35B
• Dividend Yield: N/A
• Average Volume (3M): 874.40K
• Price to Earnings (P/E): ―
• Beta (1Y): 0.14
• Revenue Growth: 309.32%
• EPS Growth: -205.04%
• Country: HK
• Employees: 107
• Sector: Communication Services
• Sector Strength: 97
• Industry: Advertising Agencies
• EPS (TTM): 0.10
• Shares Outstanding: 560,000,000
• 10 Day Avg. Volume: 405,200
• 30 Day Avg. Volume: 874,400
• PEG Ratio: -0.03
• Price to Book (P/B): 8.84
• Price to Sales (P/S): 3.81
• P/FCF Ratio: 25.24
• 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: HK$4.50
• Price Target Upside: 4.90% Upside
• Rating Consensus: Hold
• Number of Analyst Covering: 1

• Rating: 39 Underperform
• Price Target: HK$4.00 ▼(-6.76% Downside)

The overall stock score is primarily impacted by the company's weak financial performance, characterized by declining revenues, low profitability, and liquidity challenges. Technical analysis also indicates bearish momentum, while the valuation is unattractive due to a negative P/E ratio and lack of dividend yield. These factors collectively result in a low stock score, highlighting significant risks.

Ruicheng (China) Media Group Limited Business Overview & Revenue Model

Company Description

Ruicheng (China) Media Group Limited (1640) is a prominent media and entertainment company based in China, primarily focused on the production and distribution of film and television content. The company operates across various sectors including film production, television broadcasting, and digital media, offering a diverse range of products and services that cater to a broad audience. With a commitment to high-quality content creation, Ruicheng aims to leverage its expertise in storytelling and production to enhance its market presence and engage viewers both domestically and internationally.

How the Company Makes Money

Ruicheng (China) Media Group Limited generates revenue through multiple key streams, primarily from the production and distribution of films and television shows. The company earns money by producing content that is then sold to various platforms, including streaming services, television networks, and international distributors. Additionally, Ruicheng benefits from advertising revenues generated from its broadcasting channels. The company may also engage in partnerships with other media entities for co-productions or content licensing, which can provide additional financial resources. Furthermore, merchandise sales and event hosting related to its productions can contribute to its overall earnings.

Ruicheng (China) Media Group Limited Financial Statement Overview

Summary

Ruicheng (China) Media Group Limited is facing significant financial challenges, with declining revenues, low profitability, and increasing leverage. The negative cash flows further emphasize liquidity concerns. While the company has a positive stockholders' equity, the overall financial health remains weak, necessitating strategic improvements to stabilize and grow.

Income Statement

The company has experienced a significant decline in revenue over recent years, with revenue dropping from 845.82M in 2019 to 356.83M in 2024. The gross profit margin has also decreased, indicating reduced profitability. Furthermore, the company has reported negative EBIT and net income in recent years, illustrating ongoing operational challenges and unprofitability.

Balance Sheet

The debt-to-equity ratio has increased over time, suggesting rising leverage which could pose financial risks. The equity ratio has also declined, indicating reduced financial stability. However, the company maintains a positive stockholders' equity, which provides some level of financial stability.

Cash Flow

The company has struggled with negative operating and free cash flows in recent years, which highlights liquidity challenges. With no available positive free cash flow growth, the company's ability to generate cash from operations is concerning, which could impact future financial flexibility.

Breakdown	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	356.83M	378.71M	412.66M	441.05M	446.99M
Gross Profit	22.50M	23.57M	10.63M	20.57M	37.45M
EBITDA	-79.86M	-26.51M	-27.11M	12.65M	228.00K
Net Income	-123.70M	-23.47M	-11.38M	445.00K	2.84M
Balance Sheet
Total Assets	459.19M	575.66M	574.16M	404.27M	407.41M
Cash, Cash Equivalents and Short-Term Investments	33.97M	17.85M	5.08M	34.87M	17.77M
Total Debt	96.64M	148.98M	117.18M	116.29M	126.69M
Total Liabilities	305.39M	392.88M	368.04M	186.48M	190.09M
Stockholders Equity	153.82M	182.79M	206.26M	217.64M	217.20M
Cash Flow
Free Cash Flow	53.88M	-36.50M	-33.33M	11.66M	-89.89M
Operating Cash Flow	53.96M	-36.50M	-33.33M	11.66M	-89.87M
Investing Cash Flow	2.29M	156.00K	623.00K	29.38M	-12.83M
Financing Cash Flow	-40.13M	49.12M	2.92M	-7.25M	35.74M

Ruicheng (China) Media Group Limited Technical Analysis

• Technical Analysis Sentiment: Neutral
• Last Price: 4.29
• 50DMA: Negative
• 100DMA: Negative
• 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:1640, the sentiment is Neutral. The current price of 4.29 is below the 20-day moving average (MA) of 4.51, below the 50-day MA of 4.59, and above the 200-day MA of 4.07, indicating a neutral trend. The MACD of -0.10 indicates Positive momentum. The RSI at 44.46 is Neutral, neither overbought nor oversold. The STOCH value of 41.00 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for HK:1640.

Ruicheng (China) Media Group Limited Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
1948	61 Neutral	HK$2.58B	20.18	8.02%	0.91%	40.20%	26.39%
6113	61 Neutral	HK$1.49B	76.86	23.44%	1.00%	3.04%	-22.93%
Sector *	60 Neutral	$48.67B	4.58	-11.27%	4.14%	2.83%	-41.78%
1762	53 Neutral	HK$1.50B	586.67	0.45%	―	35.73%	-88.89%
2422	52 Neutral	HK$960.00M	130.30	-16.52%	―	10.61%	-1448.48%
0205	44 Neutral	HK$320.22M	―	-6.02%	―	-4.13%	76.38%
1640	39 Underperform	HK$2.35B	―	-33.53%	―	309.32%	-205.04%

Ruicheng (China) Media Group Limited Corporate Events

Qian Xun Technology Announces Change in Authorized Representative

Qian Xun Technology Limited, a company incorporated in the Cayman Islands, has announced a change in its authorized representative. On October 3, 2025, Mr. Leng Xuejun resigned from his position as an authorized representative to focus on other commitments, though he will continue as an executive director. Mr. Li Tianzi has been appointed as the new authorized representative, effective the same day. The board welcomes Mr. Li to his new role.

The most recent analyst rating on (HK:1640) stock is a Sell with a HK$4.50 price target. To see the full list of analyst forecasts on Ruicheng (China) Media Group Limited stock, see the HK:1640 Stock Forecast page.

Qian Xun Technology Explores Strategic Acquisition to Enhance Blockchain Solutions

Qian Xun Technology Limited, a company focused on blockchain technology, has entered into a non-legally binding memorandum of understanding to potentially acquire 100% equity interest in PUNKCODE TECHNOLOGY CO., LIMITED, a Web3 financial technology company based in Hong Kong. The acquisition aims to enhance Qian Xun’s capabilities in blockchain wallet solutions and cross-border payment systems, addressing issues such as low payment efficiency and high settlement costs in the second-hand digital transaction industry.

The most recent analyst rating on (HK:1640) stock is a Sell with a HK$4.50 price target. To see the full list of analyst forecasts on Ruicheng (China) Media Group Limited stock, see the HK:1640 Stock Forecast page.

Qian Xun Technology Reports Significant Revenue Growth in H1 2025

Qian Xun Technology Limited announced its unaudited consolidated interim results for the six months ending June 30, 2025. The company reported a significant increase in revenue, reaching RMB 647,384,000 compared to RMB 67,144,000 in the same period in 2024. The gross profit also saw a substantial rise to RMB 27,634,000 from RMB 4,954,000. The profit before tax increased to RMB 52,808,000, and the profit attributable to the owners of the company was RMB 51,469,000, a notable improvement from RMB 5,366,000 the previous year. This impressive growth reflects the company’s strengthened market position and operational efficiency.

The most recent analyst rating on (HK:1640) stock is a Hold with a HK$5.00 price target. To see the full list of analyst forecasts on Ruicheng (China) Media Group Limited stock, see the HK:1640 Stock Forecast page.

Qian Xun Technology Provides Update on Share Placement Proceeds

Qian Xun Technology Limited, a company incorporated in the Cayman Islands, announced a supplemental update to its 2024 Annual Report regarding the use of proceeds from a share placement. The company successfully placed 80 million shares, raising approximately HK$39.4 million. Of these proceeds, HK$23.6 million was used to repay bank borrowings, while the remaining HK$15.8 million was allocated to general working capital, including staff costs and rental expenses. All proceeds were utilized as intended, and no other information in the 2024 Annual Report was affected.

Qian Xun Technology Projects Significant Profit Surge in H1 2025

Qian Xun Technology Limited, a company listed on the Hong Kong Stock Exchange, has announced a significant increase in its unaudited consolidated net profit after tax for the first half of 2025. The company expects to report a net profit between RMB49.6 million and RMB53.6 million, a substantial rise from RMB5.4 million in the same period last year. This growth is primarily driven by the e-commerce business of used electronic products acquired in August 2024, contributing over RMB620 million in revenue. Additionally, the company anticipates a non-recurring gain from the deconsolidation of a subsidiary. However, these figures are preliminary and subject to finalization.