CSMall Group Limited (1815) AI Stock Analysis

• Market Cap: HK$2.60B
• Dividend Yield: N/A
• Average Volume (3M): 10.30M
• Price to Earnings (P/E): 38.5
• Beta (1Y): 1.20
• Revenue Growth: -23.48%
• EPS Growth: N/A
• Country: HK
• Employees: 123
• Sector: Consumer Cyclical
• Sector Strength: 84
• Industry: Luxury Goods
• EPS (TTM): 0.07
• Shares Outstanding: 1,237,875,000
• 10 Day Avg. Volume: 21,991,126
• 30 Day Avg. Volume: 10,298,173
• PEG Ratio: 0.06
• Price to Book (P/B): 0.17
• Price to Sales (P/S): 1.41
• P/FCF Ratio: 7.63
• 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: Hold
• Number of Analyst Covering: 0

• Rating: 58 Neutral
• Price Target: HK$2.00 ▲(5.82% Upside)

CSMall Group Limited's overall stock score is primarily influenced by its financial performance challenges, including declining revenues and critical cash flow issues. Positive technical indicators provide some support, suggesting short-term bullish momentum. However, the high P/E ratio without a dividend yield reflects moderate investor expectations for future growth amidst current financial difficulties.

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; processes and wholesales precious metal products; operates self-owned stores; develops software; develops properties; and plans cultural events. The company sells its jewelry products through online sales channels; offline retail and service network; and third-party offline points of sale. As of December 31, 2021, it had 38 CSmall Shops located in 13 provinces and municipalities comprising 1 self-operated CSmall Shops and 37 franchised CSmall Shops, as well as 15 television and video shopping channels. CSMall Group Limited was founded in 2013 and is headquartered in Shenzhen, the People's Republic of China.

How the Company Makes Money

CSMall Group Limited generates revenue through multiple streams, primarily from the direct sale of consumer electronics and home appliances. The company employs a retail model that includes both physical storefronts and an e-commerce platform, allowing it to reach a wide customer base. Revenue is further bolstered by partnerships with key manufacturers and distributors, which help secure favorable pricing and exclusive product offerings. Additionally, CSMall may engage in promotional campaigns and sales events that drive volume sales, contributing to its overall earnings. The company may also explore ancillary revenue opportunities, such as warranty services or financing options for customers, enhancing its profitability.

CSMall Group Limited Financial Statement Overview

Summary

CSMall Group Limited faces significant financial challenges. Declining revenues and negative net income indicate profitability issues. Although the balance sheet shows low leverage, the decreasing asset base and concerning cash flow situation highlight critical liquidity issues.

Income Statement

CSMall Group Limited's revenue has been declining significantly over the past few years, with a sharp drop from 2020 to 2024. The gross profit margin in 2024 was approximately 30.7%, which is a positive sign, but the company has struggled with negative net income, indicating challenges in managing operational costs. The EBIT and EBITDA margins have shown improvement in 2024 compared to the previous year, yet they remain relatively low for the luxury goods sector.

Balance Sheet

The company maintains a strong equity position with a debt-to-equity ratio of 0.08 in 2024, reflecting low leverage. The equity ratio is high at 83.1%, indicating financial stability. However, the company's total assets have decreased slightly over the years, and stockholders' equity has also seen a decline, which could pose risks if this trend continues.

Cash Flow

CSMall Group Limited's cash flow situation is concerning, with a zero operating cash flow in 2024 and a negative free cash flow trend from previous years. The absence of operating and free cash flows suggests challenges in generating cash from core operations, which may affect liquidity and ability to invest in growth opportunities.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	293.14M	157.57M	410.46M	1.79B	364.19M	347.77M
Gross Profit	121.53M	48.41M	37.43M	52.38M	63.11M	88.28M
EBITDA	67.45M	11.03M	-32.39M	-19.46M	12.81M	7.91M
Net Income	63.05M	-23.19M	-35.00M	-25.60M	71.00K	-35.60M
Balance Sheet
Total Assets	1.76B	1.58B	1.59B	1.63B	1.51B	1.58B
Cash, Cash Equivalents and Short-Term Investments	532.19M	429.29M	419.51M	475.21M	312.65M	652.83M
Total Debt	109.52M	106.78M	99.97M	89.84M	9.31M	20.09M
Total Liabilities	356.85M	291.23M	259.25M	256.31M	108.24M	182.26M
Stockholders Equity	1.41B	1.31B	1.34B	1.37B	1.40B	1.40B
Cash Flow
Free Cash Flow	111.39M	29.05M	-57.94M	73.60M	-350.44M	56.16M
Operating Cash Flow	112.58M	30.29M	-56.50M	74.35M	-319.56M	57.16M
Investing Cash Flow	-10.16M	-21.96M	-4.83M	1.67M	-5.17M	229.17M
Financing Cash Flow	3.00K	1.92M	5.62M	86.54M	-15.44M	-26.79M

CSMall Group Limited Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 1.89
• 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:1815, the sentiment is Positive. The current price of 1.89 is above the 20-day moving average (MA) of 1.71, above the 50-day MA of 1.64, and above the 200-day MA of 1.42, indicating a bullish trend. The MACD of 0.12 indicates Negative momentum. The RSI at 56.09 is Neutral, neither overbought nor oversold. The STOCH value of 28.55 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for HK:1815.

CSMall Group Limited Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
0116	75 Outperform	HK$9.96B	8.44	9.13%	4.04%	-10.41%	67.25%
0887	74 Outperform	HK$2.00B	7.29	5.10%	3.45%	6.82%	42.74%
0398	70 Outperform	HK$1.64B	8.22	11.32%	10.44%	-5.19%	-19.96%
Sector *	61 Neutral	$18.38B	12.79	-2.54%	3.03%	1.52%	-15.83%
1815	58 Neutral	HK$2.60B	38.46	3.54%	―	-23.48%	―
0256	43 Neutral	$748.52M	62.16	-7.92%	―	-18.07%	-1041.89%
1466	43 Neutral	$455.05M	―	-0.25%	―	152.54%	87.07%

CSMall Group Limited Corporate Events

Mount Everest Gold Group Achieves Significant Financial Turnaround in 1H2025

Mount Everest Gold Group Company Limited reported a remarkable financial turnaround for the first half of 2025, with revenue surging by approximately 139.9% compared to the same period in 2024. This growth is attributed to a significant increase in gold product sales and rising gold prices, which boosted the gross profit margin. Additionally, the disposal of the Fresh Food Retail segment contributed a gain of RMB41.2 million, further enhancing profitability. However, these gains were partially offset by share-based payment expenses related to employee share options.

The most recent analyst rating on (HK:1815) stock is a Hold with a HK$1.50 price target. To see the full list of analyst forecasts on CSMall Group Limited stock, see the HK:1815 Stock Forecast page.

Mount Everest Gold Group Projects Significant Profit Turnaround in 1H2025

Mount Everest Gold Group Company Limited has issued a positive profit alert, projecting a net profit of RMB70 million to RMB80 million for the first half of 2025, a significant turnaround from a net loss of RMB11 million in the same period of 2024. This improvement is attributed to increased sales and profit margins in its New Jewellery Retail segment due to higher gold prices and the disposal of its Fresh Food Retail segment, which generated a gain of RMB41 million. However, these gains were partially offset by RMB18 million in expenses related to employee share options.

The most recent analyst rating on (HK:1815) stock is a Hold with a HK$1.50 price target. To see the full list of analyst forecasts on CSMall Group Limited stock, see the HK:1815 Stock Forecast page.

Mount Everest Gold Group Schedules Board Meeting to Review Interim Results

Mount Everest Gold Group Company Limited has scheduled a board meeting on August 26, 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 meeting could have implications for the company’s financial strategy and shareholder returns.

Mount Everest Gold Group Relocates Headquarters in China

Mount Everest Gold Group Company Limited has announced a change in its headquarters and principal place of business in China to a new location in Shenzhen, Guangdong. This relocation is effective immediately and aims to enhance the company’s operational efficiency and strategic positioning within the region, although all contact details remain unchanged.