XiangXing International Holding Limited (1732) AI Stock Analysis

• Market Cap: HK$307.20M
• Dividend Yield: N/A
• Average Volume (3M): 2.12M
• Price to Earnings (P/E): ―
• Beta (1Y): -0.60
• Revenue Growth: -1.40%
• EPS Growth: -128.66%
• Country: HK
• Employees: 856
• Sector: Industrials
• Sector Strength: 72
• Industry: Integrated Freight & Logistics
• EPS (TTM): <0.01
• Shares Outstanding: 1,280,000,000
• 10 Day Avg. Volume: 1,858,000
• 30 Day Avg. Volume: 2,121,333
• PEG Ratio: 0.13
• Price to Book (P/B): 0.42
• Price to Sales (P/S): 0.36
• P/FCF Ratio: -3.12
• 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
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 53 Neutral
• Price Target: HK$0.24 ▼(-10.37% Downside)

The overall stock score is primarily influenced by the company's mixed financial performance, with strong equity but challenges in profitability and cash flow. Technical analysis shows positive momentum, which supports the stock's potential. However, the negative P/E ratio and lack of dividend yield weigh down the valuation score.

Positive Factors

Balance Sheet Strength

A strong equity base and low leverage provide durable financial resilience, reducing solvency and refinancing risk. Over months this structural strength preserves capacity to fund operations, absorb shocks, and pursue strategic investments without heavy debt reliance.

Diversified Business Model

Multiple revenue streams across logistics, manufacturing and partnerships create structural diversification, lowering dependence on any single market. This supports steadier long-term cash flows, operational scalability, and resilience to sector-specific downturns over the medium term.

Positive EBITDA Margin

A positive EBITDA margin indicates underlying operating profitability before financing and non-cash items, offering a durable earnings buffer. It helps fund reinvestment and debt servicing, improving the firm's ability to recover net profitability if revenues stabilize.

Negative Factors

Negative Net Profitability

Persistent negative net margins reflect structural issues converting sales into bottom-line profits after all costs. Over months this erodes retained earnings, limits reinvestment capacity, and may force cost restructuring or additional financing to sustain operations.

Weak Cash Generation

Erratic and sometimes negative free cash flow, plus zero operating cash flow relative to net income, signal fragile cash generation. This constrains capex, working capital management and strategic spending, increasing dependence on external financing over the medium term.

Revenue Volatility and Decline

Volatile and declining revenue undermines scale benefits and pressures margins long-term. Without stable top-line growth, the company faces weakened bargaining power, constrained investment capacity, and heightened execution risk for restoring profitability and market position.

XiangXing International Holding Limited Business Overview & Revenue Model

Company Description

Xiangxing International Holding Limited, an investment holding company, provides intra-port services, logistics services, and supply chain operations in the People's Republic of China. The company offers intra-point ancillary and container transportation services; and import and export agency, and container and stone blocks road freight forwarding services. It also trades in building materials and automobile accessories. The company was founded in 1999 and is headquartered in Xiamen, China.

How the Company Makes Money

XiangXing International generates revenue through multiple streams, primarily from its logistics and supply chain management services, which involve warehousing, transportation, and distribution solutions for clients in different sectors. The company may also earn income from its manufacturing operations, where it produces goods either for direct sale or as part of contract manufacturing arrangements. Additionally, XiangXing may benefit from strategic partnerships and joint ventures that enhance its service capabilities and market reach, contributing to its overall earnings. The company's revenue model is supported by a focus on operational efficiency and scalability, allowing it to adapt to market demands and optimize profit margins.

XiangXing International Holding Limited Financial Statement Overview

Summary

XiangXing International Holding Limited shows a mixed financial performance. The income statement indicates volatility and negative net margins, while the balance sheet is strong with low leverage. However, cash flow issues are evident with inconsistent free cash flow generation and zero operating cash flow.

Income Statement

The company's income statement shows a volatile trend in revenue with a recent decline. Gross profit margin is relatively stable, yet the net profit margin is negative, indicating challenges in maintaining profitability. EBITDA margin remains positive, providing some cushion against financial volatility.

Balance Sheet

The balance sheet indicates a strong equity position with a high equity ratio, suggesting financial stability. The debt-to-equity ratio is low, which is favorable for leverage management, while return on equity shows moderate returns, implying efficient equity utilization.

Cash Flow

Cash flow statements reveal inconsistent free cash flow generation, with periods of negative free cash flow. The operating cash flow to net income ratio is currently undefined due to zero operating cash flow, highlighting potential cash flow management issues.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	215.97M	232.68M	175.56M	237.27M	288.68M	197.77M
Gross Profit	43.28M	43.60M	37.30M	31.97M	47.93M	44.61M
EBITDA	22.57M	23.26M	25.93M	10.36M	21.46M	29.60M
Net Income	-5.27M	-4.69M	10.94M	10.22M	10.65M	14.41M
Balance Sheet
Total Assets	239.49M	225.78M	221.86M	192.35M	185.13M	181.47M
Cash, Cash Equivalents and Short-Term Investments	41.91M	31.25M	52.35M	28.22M	23.82M	42.40M
Total Debt	7.60M	1.05M	1.40M	9.26M	12.24M	17.03M
Total Liabilities	28.58M	21.18M	21.21M	30.80M	33.78M	41.75M
Stockholders Equity	209.67M	203.30M	199.14M	159.63M	149.30M	137.43M
Cash Flow
Free Cash Flow	-14.97M	-27.17M	1.55M	7.65M	-14.40M	-39.12M
Operating Cash Flow	-10.12M	-15.90M	4.14M	15.13M	-12.00M	-31.90M
Investing Cash Flow	-4.40M	-10.54M	-1.72M	-7.21M	-2.25M	3.86M
Financing Cash Flow	3.62M	7.75M	17.51M	-3.63M	-5.55M	-1.84M

XiangXing International Holding Limited Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 0.27
• 50DMA: Negative
• 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:1732, the sentiment is Negative. The current price of 0.27 is above the 20-day moving average (MA) of 0.26, above the 50-day MA of 0.25, and above the 200-day MA of 0.18, indicating a neutral trend. The MACD of >-0.01 indicates Positive momentum. The RSI at 42.61 is Neutral, neither overbought nor oversold. The STOCH value of 27.27 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for HK:1732.

XiangXing International Holding Limited Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
Sector *	63 Neutral	$10.79B	15.43	7.44%	2.01%	2.89%	-14.66%
1442	60 Neutral	HK$660.48M	13.97	7.59%	―	13.85%	37.13%
1732	53 Neutral	HK$307.20M	-53.33	-2.51%	―	-1.40%	-128.66%
1737	53 Neutral	HK$106.00M	-3.38	-16.65%	20.83%	-27.59%	-396.23%
6123	45 Neutral	HK$455.61M	-7.71	-4.97%	2.25%	-35.13%	-11.52%
8489	45 Neutral	HK$106.50M	-3.76	-25.91%	―	3.45%	-339.07%
8292	39 Underperform	HK$388.20M	-61.02	-7.88%	―	9.79%	89.05%

XiangXing International Holding Limited Corporate Events

XiangXing Sends Composite Document for Conditional Partial Cash Offer

XiangXing International Holding Limited has jointly announced with Westwell Holdings (Hong Kong) Limited the despatch of a composite document detailing a conditional voluntary cash partial offer for up to 371.2 million XiangXing shares not already owned or agreed to be acquired by the offeror and its concert parties. The composite document, which includes the terms of the partial offer, the recommendation of the independent board committee to qualifying shareholders, and advice from the independent financial adviser, was sent to shareholders and made available online on 16 January 2026, formally opening the offer period and setting out an indicative timetable that runs to an initial closing date of 6 February 2026; the outcome at that date will be announced the same day, marking a key step in a potential change to the company’s shareholder base and control dynamics.

The most recent analyst rating on (HK:1732) stock is a Hold with a HK$0.26 price target. To see the full list of analyst forecasts on XiangXing International Holding Limited stock, see the HK:1732 Stock Forecast page.

XiangXing Delays Despatch of Composite Document for Partial Takeover Offer

XiangXing International Holding Limited and Westwell Holdings (Hong Kong) Limited announced a delay in sending shareholders the composite document relating to a previously disclosed voluntary cash partial offer by Westwell, via Lego Securities, to acquire up to 371.2 million XiangXing shares not already owned by the offeror and its concert parties. The companies said additional time is needed to finalise key information, including the independent financial adviser’s letter, and to accommodate year-end and early January public holidays, and have obtained regulatory consent in principle to extend the despatch deadline to on or before 16 January 2026, with further announcements to follow if the timetable changes.

The most recent analyst rating on (HK:1732) stock is a Hold with a HK$0.26 price target. To see the full list of analyst forecasts on XiangXing International Holding Limited stock, see the HK:1732 Stock Forecast page.

XiangXing International’s Partial Offer Pre-Condition Fulfilled

XiangXing International Holding Limited and Westwell Holdings (Hong Kong) Limited have announced the fulfillment of a pre-condition for a voluntary cash partial offer to acquire 371,200,000 shares of XiangXing by Westwell Holdings. This development marks a significant step in the acquisition process, although the offer remains subject to further conditions. Stakeholders are advised to exercise caution as the offer may not become unconditional and could lapse.

The most recent analyst rating on (HK:1732) stock is a Hold with a HK$0.26 price target. To see the full list of analyst forecasts on XiangXing International Holding Limited stock, see the HK:1732 Stock Forecast page.

XiangXing International Faces Partial Share Acquisition Offer

XiangXing International Holding Limited, incorporated in the Cayman Islands, is the subject of a pre-conditional voluntary cash partial offer by Westwell Holdings (Hong Kong) Limited. The offer aims to acquire 371,200,000 shares, representing 29% of the company’s issued share capital, at an offer price of HK$0.21 per share. This move, facilitated by Lego Securities Limited, is contingent upon obtaining consent from the Executive under the Takeovers Code. The offer’s success could significantly impact the company’s shareholder structure and market positioning.

The most recent analyst rating on (HK:1732) stock is a Hold with a HK$0.50 price target. To see the full list of analyst forecasts on XiangXing International Holding Limited stock, see the HK:1732 Stock Forecast page.

XiangXing International Announces Trading Halt Amid Inside Information Disclosure

XiangXing International Holding Limited has announced a trading halt on its shares on the Hong Kong Stock Exchange. This halt is pending the release of an announcement related to the Hong Kong Code on Takeovers and Mergers, indicating the presence of inside information that could significantly impact the company’s operations and market perception.

The most recent analyst rating on (HK:1732) stock is a Hold with a HK$0.50 price target. To see the full list of analyst forecasts on XiangXing International Holding Limited stock, see the HK:1732 Stock Forecast page.