E-Commodities Holdings Limited (1733) AI Stock Analysis

• Market Cap: HK$2.99B
• Dividend Yield: 17.05%
• Average Volume (3M): 6.10M
• Price to Earnings (P/E): 3.1
• Beta (1Y): 0.29
• Revenue Growth: -3.50%
• EPS Growth: -56.52%
• Country: HK
• Employees: 2,290
• Sector: Energy
• Sector Strength: 45
• Industry: Coal
• EPS (TTM): 0.05
• Shares Outstanding: 2,673,088,900
• 10 Day Avg. Volume: 9,736,244
• 30 Day Avg. Volume: 6,095,574
• PEG Ratio: -0.05
• Price to Book (P/B): 0.32
• Price to Sales (P/S): 0.00
• P/FCF Ratio: -24.01
• 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: 69 Neutral
• Price Target: HK$1.00 ▼(-10.71%Downside)

The stock's attractive valuation and strong dividend yield are key strengths, offering potential undervaluation and income benefits. However, concerns over cash flow management and technical indicators suggesting overbought conditions weigh down the score.

E-Commodities Holdings Limited Business Overview & Revenue Model

Company Description

E-Commodities Holdings Limited (1733) is a company primarily engaged in the trading of commodities and logistics services. The company operates within the energy and resources sectors, focusing on the trading and transportation of coal and other related resources. Its services are integral to the supply chain, providing efficient and reliable logistics solutions to its clients.

How the Company Makes Money

E-Commodities Holdings Limited generates revenue through its two main business segments: commodities trading and logistics services. The commodities trading segment involves the purchase and sale of coal and other resources, capitalizing on price differentials and market demand. The logistics segment provides transportation and logistics services, which include managing supply chains and transporting commodities, thus earning fees and charges for these services. Strategic partnerships with mining companies and logistics firms enhance its ability to secure supply and optimize delivery routes, contributing significantly to its revenue.

E-Commodities Holdings Limited Financial Statement Overview

Summary

E-Commodities Holdings Limited maintains strong profitability and a balanced equity structure, with a consistent gross profit margin and stable net profit margin. The balance sheet reflects strong equity growth and stable debt levels. However, the absence of 2024 cash flow data raises concerns about cash flow sustainability.

Income Statement

The income statement reflects strong profitability with a consistent gross profit margin of around 9-10% from 2019 to 2024. Despite a slight decline in revenue in 2024, the company maintained a healthy net profit margin of 2.35% compared to the previous year. However, revenue growth slowed, and EBIT margin decreased, indicating potential challenges in operational efficiency.

Balance Sheet

The balance sheet shows strong equity growth and a solid equity ratio of around 50% in 2024. The debt-to-equity ratio is stable, indicating prudent financial management. The company has reduced its net debt, enhancing its financial stability. However, there is room for further optimization in asset utilization.

Cash Flow

Cash flow analysis indicates a lack of free cash flow data for 2024, which limits insights into cash generation capabilities. Historical data shows robust free cash flow generation in previous years, but the absence of current year data raises concerns about cash flow sustainability and efficiency in capital expenditure management.

Breakdown	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	39.17B	40.59B	34.41B	41.18B	21.98B
Gross Profit	1.52B	3.70B	3.20B	5.83B	1.45B
EBITDA	1.21B	3.13B	2.27B	4.44B	858.30M
Net Income	921.53M	2.12B	1.67B	3.46B	462.36M
Balance Sheet
Total Assets	17.43B	17.81B	13.29B	15.45B	8.69B
Cash, Cash Equivalents and Short-Term Investments	2.11B	3.37B	2.27B	3.26B	1.63B
Total Debt	2.81B	2.67B	1.90B	2.29B	2.02B
Total Liabilities	8.33B	9.00B	6.10B	7.97B	4.88B
Stockholders Equity	8.66B	8.49B	6.92B	7.23B	3.93B
Cash Flow
Free Cash Flow	-385.42M	1.14B	1.54B	2.11B	2.50B
Operating Cash Flow	640.40M	2.03B	2.17B	2.76B	2.97B
Investing Cash Flow	-909.00M	-1.83B	-752.48M	-456.37M	-559.09M
Financing Cash Flow	-651.77M	532.53M	-2.11B	152.90M	-2.44B

E-Commodities Holdings Limited Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 1.12
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For HK:1733, the sentiment is Positive. The current price of 1.12 is above the 20-day moving average (MA) of 0.98, above the 50-day MA of 0.88, and above the 200-day MA of 1.07, indicating a bullish trend. The MACD of 0.05 indicates Negative momentum. The RSI at 69.29 is Neutral, neither overbought nor oversold. The STOCH value of 78.36 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for HK:1733.

E-Commodities Holdings Limited Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
1277	81 Outperform	HK$11.55B	4.97	27.12%	11.59%	17.89%	0.63%
1088	78 Outperform	$821.64B	11.06	12.78%	0.23%	-7.73%	-6.97%
1898	78 Outperform	$167.56B	6.92	12.03%	0.56%	-4.04%	-12.32%
0639	70 Outperform	HK$14.71B	9.40	9.12%	10.37%	-14.16%	-19.38%
1733	69 Neutral	HK$2.99B	3.12	10.58%	17.05%	-3.50%	-56.52%
0866	61 Neutral	HK$4.49B	8.11	87.02%	1.44%	-26.23%	147.99%
Sector *	57 Neutral	HK$89.00B	4.00	-2.25%	2.96%	-4.44%	-41.07%

E-Commodities Holdings Limited Corporate Events

E-Commodities Holdings Limited AGM Resolutions Passed

E-Commodities Holdings Limited announced that all resolutions proposed at its Annual General Meeting held on May 30, 2025, were approved by shareholders via poll. The resolutions included the approval of financial statements, declaration of a final dividend, re-election of directors, and re-appointment of auditors. This successful meeting reflects the company’s stable governance and shareholder support, potentially strengthening its position in the commodities market.

E-Commodities Holdings Enters Counter-Guarantee Agreement

E-Commodities Holdings Limited, through its subsidiary Xianghui Energy, has entered into a Counter-Guarantee Contract with Xiangyu Joint Stock. This agreement involves a counter-guarantee for an aggregate amount of RMB26.95 million, reflecting the company’s 49% equity interest in Xianghui Energy. The transaction is classified as both a discloseable and connected transaction under the Hong Kong Listing Rules, requiring reporting and announcement but exempt from certain approval requirements. This move is part of the company’s strategic financial management, ensuring compliance with regulatory standards while strengthening its financial operations.

E-Commodities Holdings Limited Announces 2025 AGM and Key Resolutions

E-Commodities Holdings Limited has announced its upcoming Annual General Meeting (AGM) to be held on May 30, 2025, in Hong Kong. Key resolutions to be addressed include the consideration of the company’s financial statements, the declaration of a final dividend for 2024, and the re-election of several directors. Additionally, the company seeks approval for the issuance of new shares and the reappointment of KPMG as auditors. These resolutions, if passed, could impact the company’s governance and financial strategies, potentially influencing shareholder value and market positioning.

E-Commodities Holdings Limited Announces Final Dividend for 2024

E-Commodities Holdings Limited has announced a final ordinary cash dividend of HKD 0.013 per share for the financial year ending December 31, 2024. The dividend will be paid on September 9, 2025, following shareholder approval on May 30, 2025. The ex-dividend date is set for August 26, 2025, with a record date of September 2, 2025. This update reflects changes to the dividend information and the Hong Kong share register, indicating the company’s continued commitment to returning value to its shareholders.