E-Commodities Holdings Limited (1733) AI Stock Analysis

• Market Cap: €2.22B
• Dividend Yield: 22.67%
• Average Volume (3M): 2.67M
• Price to Earnings (P/E): 8.1
• Beta (1Y): 0.27
• 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: 2,314,942
• 30 Day Avg. Volume: 2,668,079
• PEG Ratio: N/A
• Price to Book (P/B): N/A
• Price to Sales (P/S): N/A
• P/FCF Ratio: N/A
• 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: €1.00
• Price Target Upside: 20.64% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 0

• Rating: 72 Outperform
• Price Target: HK$1.00 ▲(20.48% Upside)

The overall stock score is driven by strong valuation metrics, with a low P/E ratio and high dividend yield suggesting undervaluation. Financial performance is solid, but concerns about cash flow data limit the score. Technical analysis presents mixed signals, with the stock trading below key moving averages.

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 its integrated supply chain model, primarily focusing on coal and other commodities. The company earns money by providing value-added services in the production, processing, and distribution stages of the commodities it handles. Key revenue streams include fees from logistics services, such as transportation and storage, as well as profits from trading activities where the company acts as an intermediary between suppliers and buyers. Strategic partnerships with mining companies and other stakeholders enhance its market position, contributing to its earnings by securing stable supply and demand channels.

E-Commodities Holdings Limited Financial Statement Overview

Summary

E-Commodities Holdings Limited shows strong profitability and a stable financial foundation with a solid equity ratio and reduced net debt. However, the absence of 2024 cash flow data raises concerns about cash flow management.

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: Negative
• Last Price: 0.83
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• 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 Negative. The current price of 0.83 is below the 20-day moving average (MA) of 0.84, below the 50-day MA of 0.91, and below the 200-day MA of 0.95, indicating a bearish trend. The MACD of -0.02 indicates Negative momentum. The RSI at 40.39 is Neutral, neither overbought nor oversold. The STOCH value of 44.44 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative 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
1088	78 Outperform	821.84B	12.06	13.74%	6.63%	-9.92%	-7.10%
1898	78 Outperform	153.31B	7.83	11.97%	4.93%	-3.42%	-18.73%
1277	76 Outperform	10.54B	6.18	25.64%	10.40%	-2.79%	-39.45%
1733	72 Outperform	€2.22B	8.06	3.21%	22.67%	-23.72%	-86.69%
0639	70 Outperform	14.15B	13.07	―	10.78%	-5.78%	-29.52%
0866	58 Neutral	7.56B	20.69	25.46%	1.34%	-20.71%	209.68%
Sector *	65 Neutral	$15.17B	7.61	4.09%	5.20%	3.87%	-62.32%

E-Commodities Holdings Limited Corporate Events

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.

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.