CSMall Group Limited (HK:1815)
:1815
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CSMall Group Limited
(1815)
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Rating:57Neutral
Price Target:
HK$0.93
▼(-63.31% Downside)
Action:Reiterated
Date:04/29/26
The score is supported by the strong 2025 financial rebound and low leverage, but is held back by weak technical signals (price below key moving averages and negative MACD) and a high P/E without a stated dividend yield, which increases downside risk if the recovery proves volatile.
Positive Factors
2025 Revenue & Margin Rebound
A large 2025 revenue increase and restored gross/net margins indicate the core luxury-goods model returned to profitable unit economics. Sustained higher margins improve cash conversion and provide a firmer base for investment, making near-term cash generation and earnings durability more likely if the company maintains execution.
Negative Factors
Multi-year Volatility & Past Losses
The company's earnings and revenue history is highly volatile, with multiple years of losses before 2025. Such uneven performance raises execution risk: a single strong year may not indicate a durable recovery and makes forecasting cash flows and margins over the next several quarters more uncertain.
Read all positive and negative factors
Positive Factors
Negative Factors
2025 Revenue & Margin Rebound
A large 2025 revenue increase and restored gross/net margins indicate the core luxury-goods model returned to profitable unit economics. Sustained higher margins improve cash conversion and provide a firmer base for investment, making near-term cash generation and earnings durability more likely if the company maintains execution.
Read all positive factors
CSMall Group Limited (1815) vs. iShares MSCI Hong Kong ETF (EWH)
Market Cap
HK$1.25B
Dividend YieldN/A
Average Volume (3M)10.30M
Price to Earnings (P/E)25.1
Beta (1Y)1.67
Revenue Growth209.25%
EPS GrowthN/A
CountryHK
Employees123
SectorConsumer Cyclical
Sector Strength84
IndustryLuxury Goods
Share Statistics
EPS (TTM)0.05
Shares Outstanding1,385,375,000
10 Day Avg. Volume21,991,126
30 Day Avg. Volume10,298,173
Financial Highlights & Ratios
PEG Ratio0.24
Price to Book (P/B)3.04
Price to Sales (P/S)9.44
P/FCF Ratio33.91
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
CSMall Group Limited Business Overview & Revenue Model
Company Description
CSMall Group Limited, an investment holding company, engages in the design and sale of gold, silver, colored gemstones, gem-set, and other jewelry products in the People's Republic of China. It offers gold bars, silver bars, and silverware; proces...
How the Company Makes Money
null...
CSMall Group Limited Financial Statement Overview
Summary
Income Statement
63
Positive
Balance Sheet
82
Very Positive
Cash Flow
70
Positive
| Breakdown | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 486.97M | 157.57M | 410.46M | 1.79B | 364.19M |
| Gross Profit | 210.68M | 48.41M | 37.43M | 52.38M | 63.11M |
| EBITDA | 105.06M | 11.03M | -32.39M | -19.46M | 12.81M |
| Net Income | 102.76M | -23.19M | -35.00M | -25.60M | 71.00K |
Balance Sheet | |||||
| Total Assets | 1.88B | 1.58B | 1.59B | 1.63B | 1.51B |
| Cash, Cash Equivalents and Short-Term Investments | 608.42M | 429.29M | 419.51M | 475.21M | 312.65M |
| Total Debt | 116.88M | 106.78M | 99.97M | 89.84M | 22.08M |
| Total Liabilities | 367.30M | 291.23M | 259.25M | 256.31M | 108.24M |
| Stockholders Equity | 1.51B | 1.31B | 1.34B | 1.37B | 1.40B |
Cash Flow | |||||
| Free Cash Flow | 135.56M | 29.05M | -57.94M | 73.60M | -350.44M |
| Operating Cash Flow | 184.24M | 30.29M | -56.50M | 74.35M | -319.56M |
| Investing Cash Flow | -74.08M | -21.96M | -4.83M | 1.67M | -5.17M |
| Financing Cash Flow | 68.24M | 1.92M | 5.62M | 86.54M | -15.44M |
CSMall Group Limited Technical Analysis
Negative
2.54
Price Trends
1.15
Negative
1.67
Negative
1.73
Negative
Market Momentum
-0.07
Positive
35.89
Neutral
15.66
Positive
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For HK:1815, the sentiment is Negative. The current price of 2.54 is above the 20-day moving average (MA) of 1.02, above the 50-day MA of 1.15, and above the 200-day MA of 1.73, indicating a bearish trend. The MACD of -0.07 indicates Positive momentum. The RSI at 35.89 is Neutral, neither overbought nor oversold. The STOCH value of 15.66 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for HK:1815.
CSMall Group Limited Peers Comparison
UnderperformOutperform
Sector (61)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
78 Outperform | HK$2.07B | 1.58 | 5.10% | 4.05% | 10.23% | 66.75% | |
72 Outperform | HK$2.32B | 3.36 | 5.92% | 7.71% | -7.48% | -16.11% | |
70 Outperform | HK$1.60B | 4.06 | 10.00% | 9.67% | -9.00% | -21.55% | |
61 Neutral | $18.38B | 12.79 | -2.54% | 3.03% | 1.52% | -15.83% | |
57 Neutral | HK$1.25B | 25.10 | 7.01% | ― | 209.25% | ― | |
53 Neutral | HK$1.09B | -2.63 | -1.15% | ― | -37.78% | 57.76% | |
47 Neutral | HK$426.49M | -1.28 | -7.92% | ― | -17.82% | 16.27% |
* Consumer Cyclical Sector Average
HK:1815
CSMall Group Limited
0.83
-1.12
-57.44%
HK:0256
Citychamp Watch & Jewellery Group
0.09
-0.40
-81.41%
HK:0113
Dickson Concepts (International)
5.87
-0.64
-9.78%
HK:0887
Emperor Watch & Jewellery
0.29
-0.01
-3.33%
HK:3389
Hengdeli Holdings
0.25
0.15
144.55%
HK:0398
Oriental Watch Holdings
3.26
0.02
0.74%
CSMall Group Limited Corporate Events
Mount Everest Gold Group Calls 2026 AGM, Seeks Fresh Share Issuance Mandate
Apr 24, 2026
Mount Everest Gold Group Company Limited has called its annual general meeting for 18 June 2026 in Hong Kong, where shareholders will be asked to approve the audited financial statements for the year ended 31 December 2025, the re-election of one ...
Mount Everest Gold Moves to Update Constitution for New Name and HKEX Rule Changes
Apr 14, 2026
Mount Everest Gold Group Company Limited plans to replace its existing memorandum and articles of association with a new set that will formally reflect the company’s recent name change. The overhaul also aims to align its constitutional docu...
Mount Everest Gold Group Swings to Profit on Gold Sales Surge and Business Refocus
Mar 25, 2026
Mount Everest Gold Group reported a sharp rebound in performance for 2025, with revenue from continuing operations surging 209% year on year to about RMB487.0 million, driven mainly by a significant increase in sales of gold and silver products. T...
Mount Everest Gold Revamps Nomination Committee to Meet New HK Governance Rules
Mar 24, 2026
Mount Everest Gold Group Company Limited has reshaped its nomination committee, appointing executive director Huang Wen and independent non-executive director Hu Qilin as new members with effect from 24 March 2026. The committee now includes two e...
Mount Everest Gold Group Outlines Board and Committee Structure
Mar 24, 2026
Mount Everest Gold Group Company Limited has announced the current composition of its board of directors, led by executive chairman Chen He alongside two other executive directors and three independent non-executive directors. The company has also...
Mount Everest Gold Signals Sharp Profit Turnaround on Gold Boom and Business Disposal
Mar 18, 2026
Mount Everest Gold Group has issued a positive profit alert, indicating that it expects to swing from a net loss of about RMB23 million in 2024 to a net profit of roughly RMB95 million to RMB110 million in 2025, with an even higher underlying prof...
Mount Everest Gold Raises HK$75 Million via New Share Subscriptions
Mar 13, 2026
Mount Everest Gold Group has completed several tranches of its ongoing share subscription programme under a general mandate, issuing 46,800,000 new shares at HK$1.61 each to multiple subscribers. The newly issued shares represent about 3.50% of th...
Mount Everest Gold Group Sets March Board Meeting to Approve 2025 Results
Mar 10, 2026
Mount Everest Gold Group Company Limited has scheduled a board meeting for 25 March 2026 to review and approve the audited final results of the company and its subsidiaries for the financial year ended 31 December 2025. The board will also conside...
Mount Everest Gold Extends Deadline for New Share Subscriptions
Feb 27, 2026
Mount Everest Gold Group Company Limited has agreed with three subscribers to extend the long stop date for completing certain new share subscriptions under its general mandate from 28 February 2026 to 31 March 2026, with the possibility of a furt...
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.