Haina Intelligent Equipment International Holdings Limited (1645) AI Stock Analysis

• Market Cap: HK$1.88B
• Dividend Yield: N/A
• Average Volume (3M): 1.71M
• Price to Earnings (P/E): ―
• Beta (1Y): -0.04
• Revenue Growth: -2.88%
• EPS Growth: 44.39%
• Country: HK
• Employees: 514
• Sector: Industrials
• Sector Strength: 72
• Industry: Industrial - Machinery
• EPS (TTM): 0.02
• Shares Outstanding: 563,976,000
• 10 Day Avg. Volume: 1,463,600
• 30 Day Avg. Volume: 1,707,200
• PEG Ratio: -2.47
• Price to Book (P/B): 2.29
• Price to Sales (P/S): 1.65
• P/FCF Ratio: -2.58
• 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
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 51 Neutral
• Price Target: HK$3.00 ▼(-13.04% Downside)

The overall stock score is primarily impacted by financial performance challenges, including declining profitability and high leverage. While technical analysis suggests a positive price trend, the valuation remains a significant concern due to the negative P/E ratio. The absence of earnings call data and corporate events limits additional insights.

Positive Factors

Innovative Product Offering

Haina's focus on advanced automation equipment and robotics positions it well in the growing industrial automation sector, supporting long-term growth.

Strategic Partnerships

Collaborations with technology firms expand Haina's product offerings and market presence, providing a durable competitive advantage.

Revenue Diversification

Diverse revenue sources, including sales and services, reduce dependency on single income streams, enhancing financial stability.

Negative Factors

Declining Profitability

Decreasing margins indicate cost pressures and operational inefficiencies, which can undermine long-term profitability and competitiveness.

Increasing Leverage

Rising leverage increases financial risk and limits flexibility, potentially impacting the company's ability to invest in growth opportunities.

Negative Cash Flow

Persistent negative cash flow highlights liquidity issues, constraining the company's capacity to fund operations and growth sustainably.

Haina Intelligent Equipment International Holdings Limited Business Overview & Revenue Model

Company Description

Haina Intelligent Equipment International Holdings Limited, an investment holding company, designs, produces, and sells automated machines for manufacturing disposable hygiene products in the People's Republic of China, Indonesia, South Korea, The Philippines, and internationally. It offers machines for baby diapers, adult diapers, lady sanitary napkins, medical disposable face masks, and under-pads, as well as related components and parts under the Haina Machinery brand. The company was founded in 2011 and is headquartered in Jinjiang, the People's Republic of China. Haina Intelligent Equipment International Holdings Limited is a subsidiary of Prestige Name International Limited.

How the Company Makes Money

Haina Intelligent Equipment generates revenue through the sale of its automation equipment and solutions, which includes both hardware and software components. Key revenue streams include direct sales of industrial robots, automated production lines, and customized intelligent solutions tailored to specific customer needs. Additionally, the company earns income from maintenance services, technical support, and upgrades for its equipment. Strategic partnerships with other technology firms and industry players enhance Haina's market reach and contribute to its earnings by facilitating collaborative projects and expanding its product offerings.

Haina Intelligent Equipment International Holdings Limited Financial Statement Overview

Summary

Haina Intelligent Equipment International Holdings Limited faces financial challenges, evidenced by declining profitability and increasing leverage. While revenues have shown some growth, operational inefficiencies and cash flow volatility highlight the need for strategic restructuring to improve financial health. The company's high debt levels and negative profit margins suggest heightened financial risk.

Income Statement

The income statement reveals a concerning downward trend in profitability. Gross profit margin has decreased from 18.7% in 2020 to 14.1% in 2024, indicating cost pressures. Net income has been negative for the past three years, with a net profit margin of -10.3% in 2024. Despite a revenue growth of 5.4% from 2023 to 2024, the company has struggled with negative EBIT and EBITDA margins, showing operational inefficiencies.

Balance Sheet

The balance sheet shows increasing leverage, with a debt-to-equity ratio rising from 0.09 in 2020 to 1.09 in 2024, which may pose financial risks. However, stockholders' equity remains positive, and the equity ratio has decreased from 49% in 2020 to 30.6% in 2024. Return on equity has been negative since 2022, reflecting profitability challenges.

Cash Flow

Cash flow analysis shows significant volatility with negative free cash flow since 2021. Operating cash flow to net income ratio is unavailable for 2024 due to zero operating cash flow, indicating cash flow management issues. The lack of positive free cash flow growth further underscores the company's liquidity concerns.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	411.42M	369.66M	350.70M	397.82M	392.98M	474.26M
Gross Profit	73.12M	52.00M	46.38M	64.22M	84.77M	139.27M
EBITDA	-22.08M	-40.24M	-18.32M	-5.58M	15.93M	76.14M
Net Income	-17.72M	-38.13M	-35.80M	-3.15M	26.98M	39.95M
Balance Sheet
Total Assets	924.47M	871.86M	677.56M	551.66M	627.92M	557.30M
Cash, Cash Equivalents and Short-Term Investments	35.18M	45.98M	65.88M	119.51M	143.22M	232.74M
Total Debt	317.28M	289.88M	94.17M	41.12M	64.90M	24.97M
Total Liabilities	654.86M	605.89M	372.52M	212.89M	287.67M	277.30M
Stockholders Equity	270.68M	266.43M	303.05M	338.60M	340.08M	272.76M
Cash Flow
Free Cash Flow	-122.33M	-236.15M	-67.41M	7.59M	-72.21M	115.34M
Operating Cash Flow	32.29M	-9.70M	19.39M	52.12M	-70.76M	117.83M
Investing Cash Flow	-158.26M	-203.76M	-89.42M	-42.51M	-102.91M	3.80M
Financing Cash Flow	88.30M	191.37M	42.70M	-25.96M	44.56M	78.04M

Haina Intelligent Equipment International Holdings Limited Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 3.45
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Neutral
• STOCH: Negative

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For HK:1645, the sentiment is Positive. The current price of 3.45 is above the 20-day moving average (MA) of 3.06, above the 50-day MA of 2.61, and above the 200-day MA of 1.46, indicating a bullish trend. The MACD of 0.13 indicates Negative momentum. The RSI at 64.72 is Neutral, neither overbought nor oversold. The STOCH value of 94.34 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for HK:1645.

Haina Intelligent Equipment International Holdings Limited Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
3348	67 Neutral	HK$680.00M	8.08	8.36%	3.22%	-21.28%	-29.40%
Sector *	63 Neutral	$10.79B	15.43	7.44%	2.01%	2.89%	-14.66%
1645	51 Neutral	HK$1.88B	-100.88	-6.34%	―	-2.88%	44.39%
0679	46 Neutral	HK$347.56M	-12.28	-2.06%	3.30%	-0.29%	-113.17%
1597	46 Neutral	HK$687.50M	-15.38	-18.61%	―	-30.04%	-116.46%
0365	46 Neutral	HK$436.50M	-25.00	-5.21%	―	18.71%	61.54%
1673	39 Underperform	HK$399.03M	-32.05	-2.71%	―	-4.33%	55.43%

Haina Intelligent Equipment International Holdings Limited Corporate Events

Haina Intelligent Equipment Renews Agreement with Shengrong Machinery

Haina Intelligent Equipment International Holdings Limited has announced the renewal of its continuing connected transactions with Shengrong Machinery through the 2026 Shengrong Purchase Agreement. This agreement, effective from January 1, 2026, to December 31, 2028, allows the Group to procure machine parts from Shengrong Machinery under negotiated commercial terms. The transactions are classified as continuing connected transactions under the Hong Kong Listing Rules, requiring reporting and annual review but exempt from independent shareholders’ approval.

Haina Intelligent Equipment Announces Change of Hong Kong Business Address

Haina Intelligent Equipment International Holdings Limited has announced a change in the address of its principal place of business in Hong Kong, effective from November 7, 2025. This move signifies a strategic decision that may influence the company’s operational dynamics and stakeholder engagement in the region.