E-Commodities Holdings Limited (1733) AI Stock Analysis

• Market Cap: €2.43B
• Dividend Yield: 18.63%
• Average Volume (3M): 2.11M
• Price to Earnings (P/E): 8.8
• Beta (1Y): 0.30
• Revenue Growth: -23.72%
• EPS Growth: -86.69%
• Country: HK
• Employees: 2,290
• Sector: Energy
• Sector Strength: 52
• Industry: Coal
• EPS (TTM): 0.05
• Shares Outstanding: 2,673,088,900
• 10 Day Avg. Volume: 1,984,160
• 30 Day Avg. Volume: 2,114,904
• PEG Ratio: -0.07
• Price to Book (P/B): 0.40
• Price to Sales (P/S): 0.09
• P/FCF Ratio: -9.05
• 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: Moderate Buy
• Number of Analyst Covering: 0
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 69 Neutral
• Price Target: HK$1.00 ▲(0.00% Upside)

The overall stock score is driven by strong financial performance and attractive valuation, offset by technical indicators suggesting overbought conditions. The absence of recent cash flow data and lack of earnings call insights limit the assessment of future performance. Investors should be cautious of potential price corrections due to technical overbought signals.

E-Commodities Holdings Limited Business Overview & Revenue Model

Company Description

E-Commodities Holdings Limited, together with its subsidiaries, processes and trades in coal and other products. It operates through two segments, Processing and Trading of Coal and Other Products, and Integrated Supply Chain Services. The company also offers supply chain trading, logistics, and financing services, as well as raw materials processing and washing services. In addition, it operates Yee Link, a platform specializing in intelligent logistic of bulk commodities; E-Coking Coal platform for coking coal supply chain; and E-Petrochem platform. The company was formerly known as Winsway Enterprises Holdings Limited and changed its name to E-Commodities Holdings Limited in August 2016. E-Commodities Holdings Limited was incorporated in 2007 and is headquartered in Beijing, the People's Republic of China

How the Company Makes Money

E-Commodities Holdings Limited generates revenue through several key streams. The primary source of income comes from the trading of commodities, where the company profits from the difference between the buying and selling prices. Additionally, the company earns revenue from supply chain management services, where it charges fees for logistics and distribution management. Strategic partnerships with suppliers and buyers enhance its market position and operational efficiency, contributing to increased sales volume and profitability. Furthermore, the company may also benefit from hedging activities and financial instruments related to commodity prices, which can provide additional revenue opportunities.

E-Commodities Holdings Limited Financial Statement Overview

Summary

E-Commodities Holdings Limited shows strong profitability and a stable financial foundation. The income statement reflects consistent gross profit margins and a healthy net profit margin, despite a revenue decline. The balance sheet indicates strong equity growth and stable debt management. 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	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	31.98B	39.17B	40.59B	34.41B	41.18B	21.98B
Gross Profit	585.92M	1.52B	3.70B	3.20B	5.83B	1.45B
EBITDA	509.41M	1.21B	3.13B	2.27B	4.44B	858.30M
Net Income	274.91M	921.53M	2.12B	1.67B	3.46B	462.36M
Balance Sheet
Total Assets	14.47B	17.43B	17.81B	13.29B	15.45B	8.69B
Cash, Cash Equivalents and Short-Term Investments	3.28B	2.11B	3.37B	2.97B	4.17B	1.63B
Total Debt	2.05B	2.81B	2.67B	1.90B	2.29B	2.02B
Total Liabilities	5.29B	8.33B	9.00B	6.10B	7.97B	4.88B
Stockholders Equity	8.79B	8.66B	8.49B	6.92B	7.23B	3.93B
Cash Flow
Free Cash Flow	1.94B	-385.42M	1.14B	1.54B	2.11B	2.50B
Operating Cash Flow	2.99B	640.40M	2.03B	2.17B	2.76B	2.97B
Investing Cash Flow	-479.23M	-909.00M	-1.83B	-752.48M	-456.37M	-559.09M
Financing Cash Flow	-1.17B	-651.77M	532.53M	-2.11B	152.90M	-2.44B

E-Commodities Holdings Limited Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 1.00
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Negative
• STOCH: Negative

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 is above the 20-day moving average (MA) of 0.86, above the 50-day MA of 0.86, and above the 200-day MA of 0.90, indicating a bullish trend. The MACD of 0.03 indicates Negative momentum. The RSI at 73.73 is Negative, neither overbought nor oversold. The STOCH value of 91.90 is Negative, 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
0639	79 Outperform	HK$15.99B	14.76	6.64%	8.36%	-5.78%	-29.52%
1088	78 Outperform	$922.67B	14.25	―	2.51%	-13.87%	-15.41%
1277	77 Outperform	HK$13.32B	7.81	19.63%	7.74%	-2.79%	-39.45%
1898	74 Outperform	HK$190.44B	9.53	10.99%	3.87%	-3.42%	-18.73%
1733	69 Neutral	€2.43B	8.83	3.21%	18.63%	-23.72%	-86.69%
Sector *	65 Neutral	$15.17B	7.61	4.09%	5.20%	3.87%	-62.32%
0866	58 Neutral	HK$7.92B	21.67	81.71%	1.28%	-20.71%	209.68%

E-Commodities Holdings Limited Corporate Events

E-Commodities Enters Strategic Alliance with Bridge Mining for Mongolian Coal

E-Commodities Holdings Limited has entered into a strategic cooperation agreement with Bridge Mining Pte. Ltd. to establish a strategic alliance for coal mining in Mongolia. This partnership aims to enhance the company’s supply chain capabilities and secure a stable supply of high-quality Mongolian coal, which will mitigate operational risks and support future resource supply continuity. The agreement represents a significant milestone, allowing the company to replicate its full-chain service model successfully and improve asset utilization, thereby laying a foundation for sustainable profitability.

The most recent analyst rating on (HK:1733) stock is a Buy with a HK$1.00 price target. To see the full list of analyst forecasts on E-Commodities Holdings Limited stock, see the HK:1733 Stock Forecast page.

E-Commodities Secures RMB1.6 Billion Credit Facility for Subsidiary

E-Commodities Holdings Limited announced that its wholly-owned subsidiary, Hainan More Richway Supply Chain Management Co., Ltd., has secured a credit facility agreement with the Bank of China Limited Yangpu Branch for up to RMB1.6 billion. The company will provide a corporate guarantee of up to RMB600 million to support this agreement, which is expected to enhance cash flow and strengthen business operations. The terms of the agreement are considered fair and beneficial for the company and its shareholders, reflecting the favorable national financing environment.

The most recent analyst rating on (HK:1733) stock is a Buy with a HK$1.00 price target. To see the full list of analyst forecasts on E-Commodities Holdings Limited stock, see the HK:1733 Stock Forecast page.

E-Commodities Holdings Enters New Counter-Guarantee Agreements

E-Commodities Holdings Limited has entered into three counter-guarantee contracts with Xiangyu Joint Stock, committing to provide financial guarantees proportional to its 49% equity interest in Xianghui Energy. These contracts, which total up to RMB167.09 million, are intended to support banking facilities and involve the termination of a previous agreement. The transactions are classified as discloseable and connected under Hong Kong’s Listing Rules, requiring reporting and announcement but exempt from certain approval requirements.

The most recent analyst rating on (HK:1733) stock is a Buy with a HK$1.00 price target. To see the full list of analyst forecasts on E-Commodities Holdings Limited stock, see the HK:1733 Stock Forecast page.

E-Commodities Holdings Limited Reports Decline in Interim Financial Results for 2025

E-Commodities Holdings Limited reported its interim financial results for the first half of 2025, showing a significant decline in revenue and profit compared to the same period in 2024. Despite a revenue of HK$12,672 million and a profit of HK$133 million, the company experienced a decrease in gross profit and earnings per share, indicating challenges in maintaining its previous financial performance levels.

The most recent analyst rating on (HK:1733) stock is a Buy with a HK$1.00 price target. To see the full list of analyst forecasts on E-Commodities Holdings Limited stock, see the HK:1733 Stock Forecast page.

E-Commodities Secures RMB150 Million Trade Financing Facility

E-Commodities Holdings Limited announced that its subsidiary, Hainan More Richway Supply Chain Management Co., Ltd., has entered into a trade financing facility agreement with Hainan Rural Commercial Bank Co., Ltd. The agreement provides a credit facility of up to RMB150 million for one year, enhancing the Group’s cash flow and operational financing resources. The company and its subsidiary have provided joint and several liability guarantees to ensure the agreement’s obligations are met. The Board believes the terms are fair and beneficial to the company and its shareholders.

The most recent analyst rating on (HK:1733) stock is a Buy with a HK$1.00 price target. To see the full list of analyst forecasts on E-Commodities Holdings Limited stock, see the HK:1733 Stock Forecast page.

E-Commodities Holdings Issues Profit Warning Amid Market Downturn

E-Commodities Holdings Limited has issued a profit warning, indicating a significant decline in revenue and profit for the first half of 2025 due to a downturn in coking coal prices. The company attributes this decrease to an oversupply in the market and reduced demand, exacerbated by international trade uncertainties. Despite these challenges, E-Commodities has managed to maintain a stable market share by diversifying its product offerings and implementing stringent cost controls. The company has also improved its cash flow through reduced inventory levels and increased operational turnover, while proactively managing its debt to reduce financial costs.

E-Commodities Holdings to Review Interim Results and Dividend

E-Commodities Holdings Limited has announced a board meeting scheduled for August 22, 2025, to review and approve the interim results for the first half of the year and discuss the potential payment of an interim dividend. This announcement could impact the company’s financial outlook and provide insights into its performance, potentially affecting stakeholders’ expectations.