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E-Commodities Holdings Limited (HK:1733)
:1733
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E-Commodities Holdings Limited (1733) AI Stock Analysis

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HK:1733

E-Commodities Holdings Limited

(1733)

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Neutral 50 (OpenAI - 5.2)
Rating:50Neutral
Price Target:
HK$0.75
â–Ľ(-17.58% Downside)
Action:Downgraded
Date:05/07/26
The score is held down primarily by deteriorating profitability and very weak cash conversion (recent negative free cash flow), reinforced by bearish price momentum (below key moving averages with negative MACD). Low valuation and a high dividend yield partially offset these risks but do not fully compensate for the recent operational and cash flow weakness.
Positive Factors
Integrated commodity supply‑chain model
An end‑to‑end supply‑chain model lets the company capture margin across procurement, logistics and value‑added services. That vertical integration builds deeper customer relationships, recurring service revenue and operational control, supporting resilience across commodity cycles.
Negative Factors
Sharp revenue decline in 2025
A material drop in revenue reduces scale economics and bargaining power with suppliers and customers. Lower top‑line weakens fixed cost absorption, reduces investment capacity, and increases execution risk in the near term unless revenue trends stabilize or new business is secured.
Read all positive and negative factors
Positive Factors
Negative Factors
Integrated commodity supply‑chain model
An end‑to‑end supply‑chain model lets the company capture margin across procurement, logistics and value‑added services. That vertical integration builds deeper customer relationships, recurring service revenue and operational control, supporting resilience across commodity cycles.
Read all positive factors

E-Commodities Holdings Limited (1733) vs. iShares MSCI Hong Kong ETF (EWH)

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...
How the Company Makes Money
null...

E-Commodities Holdings Limited Financial Statement Overview

Summary
Financial performance is weak overall: the income statement shows sharp deterioration (2025 revenue down ~21% and net margin ~1.3%), and cash flow quality is poor with slightly negative free cash flow in 2025 following materially negative 2024. The balance sheet is comparatively steadier (debt-to-equity ~0.37) but returns on equity fell materially (~3.5%), indicating weaker shareholder returns despite manageable leverage.
Income Statement
47
Neutral
Balance Sheet
66
Positive
Cash Flow
38
Negative
BreakdownDec 2025Dec 2024Dec 2023Dec 2022Dec 2021
Income Statement
Total Revenue25.24B39.17B40.59B34.41B41.18B
Gross Profit900.45M1.52B3.70B3.20B5.83B
EBITDA790.15M1.21B3.13B2.27B4.44B
Net Income315.68M921.53M2.12B1.67B3.46B
Balance Sheet
Total Assets18.15B17.43B17.81B13.29B15.45B
Cash, Cash Equivalents and Short-Term Investments4.42B2.11B3.37B2.97B4.17B
Total Debt3.37B2.81B2.67B1.90B2.29B
Total Liabilities8.70B8.33B9.00B6.10B7.97B
Stockholders Equity9.06B8.66B8.49B6.92B7.23B
Cash Flow
Free Cash Flow-41.73M-385.42M1.14B1.54B2.11B
Operating Cash Flow751.26M640.40M2.03B2.17B2.76B
Investing Cash Flow-606.70M-909.00M-1.83B-752.48M-456.37M
Financing Cash Flow261.05M-651.77M532.53M-2.11B152.90M

E-Commodities Holdings Limited Technical Analysis

Technical Analysis Sentiment
Negative
Last Price0.91
Price Trends
50DMA
0.79
Negative
100DMA
0.85
Negative
200DMA
0.87
Negative
Market Momentum
MACD
-0.03
Positive
RSI
26.99
Positive
STOCH
9.52
Positive
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 0.91 is above the 20-day moving average (MA) of 0.74, above the 50-day MA of 0.79, and above the 200-day MA of 0.87, indicating a bearish trend. The MACD of -0.03 indicates Positive momentum. The RSI at 26.99 is Positive, neither overbought nor oversold. The STOCH value of 9.52 is Positive, 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

Overall Rating
UnderperformOutperform
Sector (65)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
77
Outperform
HK$1.10T17.3112.12%8.97%-6.04%-7.87%
68
Neutral
HK$15.68B11.3910.90%9.92%-6.35%-57.55%
67
Neutral
HK$232.74B8.3911.15%4.59%-21.82%-20.14%
65
Neutral
HK$12.78B23.583.92%9.28%-0.02%-59.00%
65
Neutral
$15.17B7.614.09%5.20%3.87%-62.32%
50
Neutral
HK$1.79B7.703.21%20.68%-35.55%-65.63%
42
Neutral
HK$4.83B-85.15-5.13%1.53%-29.40%-119.35%
* Energy Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
HK:1733
E-Commodities Holdings Limited
0.67
-0.14
-17.08%
HK:1898
China Coal Energy Co
12.84
4.39
51.90%
HK:1088
China Shenhua Energy Co
44.52
14.44
48.02%
HK:1277
Kinetic Mines & Energy Ltd.
1.86
0.73
64.60%
HK:0639
Shougang Fushan Resources Group Limited
2.51
0.11
4.58%
HK:0866
China Qinfa Group Ltd.
1.84
0.59
47.20%

E-Commodities Holdings Limited Corporate Events

E-Commodities Sets 2026 AGM to Approve Dividend, Board Mandates and Share Issue Authority
Apr 28, 2026
E-Commodities Holdings Limited has called its annual general meeting for 16 June 2026 in Hengqin, PRC, where shareholders will review the audited financial statements for the year ended 31 December 2025 and vote on a proposed final dividend. The m...
E-Commodities Announces Final 2025 Dividend and Key Dates
Apr 28, 2026
E-Commodities Holdings Limited has declared a final ordinary cash dividend of HKD 0.03 per share for the financial year ended 31 December 2025, subject to shareholder approval on 16 June 2026. The company has set an ex-dividend date of 31 August 2...
E-Commodities Refreshes RMB113 Million Counter-Guarantees in Connected Deal With Xiangyu
Apr 16, 2026
E-Commodities Holdings has agreed to provide two counter-guarantees to Xiangyu Joint Stock, aligned with its 49% stake in joint venture Xianghui Energy, covering up to RMB80.85 million and RMB32.34 million for banking facilities from two designate...
E-Commodities Posts 2025 Profit and Declares Cash Dividend
Mar 27, 2026
E-Commodities Holdings Limited reported audited consolidated results for the year ended 31 December 2025, posting revenue of HK$25.24 billion and gross profit of HK$900 million. Profit attributable to equity shareholders was HK$316 million, with b...
E-Commodities Declares HKD 0.03 Final Dividend for 2025
Mar 27, 2026
E-Commodities Holdings Limited has declared a final ordinary cash dividend of HKD 0.03 per share for the financial year ended 31 December 2025, with payment scheduled for 16 September 2026, subject to shareholder approval. Key timetable details su...
E‑Commodities Warns of Lower 2025 Profit as Coking Coal Volatility Hits Margins
Mar 17, 2026
E‑Commodities Holdings Limited has warned that its 2025 revenue is expected to fall to about HK$24.5 billion–HK$26 billion, with profit attributable to shareholders declining to around HK$310 million–HK$330 million, reflecting we...
E-Commodities Sets March 2026 Board Meeting to Approve 2025 Annual Results and Consider Dividend
Mar 17, 2026
E-Commodities Holdings Limited has scheduled a board meeting for 27 March 2026 to review and approve the audited annual results for the year ended 31 December 2025, as well as to consider the publication of those results. The board will also decid...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

Disclaimer

This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.Date of analysis: May 07, 2026