YCIH Green High-Performance Concrete Co., Ltd. Class H (1847) AI Stock Analysis

• Market Cap: HK$68.28M
• Dividend Yield: N/A
• Average Volume (3M): 37.03K
• Price to Earnings (P/E): ―
• Beta (1Y): 0.56
• Revenue Growth: -11.49%
• EPS Growth: -128.11%
• Country: HK
• Employees: 886
• Sector: Basic Materials
• Sector Strength: 58
• Industry: Construction Materials
• EPS (TTM): -0.04
• Shares Outstanding: 133,882,000
• 10 Day Avg. Volume: 44,600
• 30 Day Avg. Volume: 37,033
• PEG Ratio: >-0.01
• Price to Book (P/B): 0.14
• Price to Sales (P/S): 0.22
• P/FCF Ratio: -1.32
• 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: N/A
• Number of Analyst Covering: 0
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 44 Neutral
• Price Target: HK$0.47 ▼(-7.84% Downside)
• Action: Reiterated Date: 12/30/25
• Date: Action: Reiterated 12/30/25

The score is driven primarily by weak financial performance: declining revenue, compressed margins, sizable recent losses, and persistently negative operating/free cash flow. Technical indicators add caution due to a generally bearish trend and negative MACD. Valuation provides limited support because losses make P/E less meaningful and no dividend yield data is available.

Positive Factors

Balance-sheet buffer

The company’s balance sheet, while showing increased leverage, still holds sizable equity (~1.13B) and substantial assets. That buffer reduces the near-term risk of liquidation or forced asset sales, giving management time to execute operational fixes or refinance under more favorable terms.

History of profitability

Past profitable years indicate the core business model can produce positive margins in healthier market conditions. This historical track record implies operating leverage and controllable cost structure exist, supporting a credible path to recovery if demand and pricing normalize over the coming months.

Improving cash-flow trend

Although cash generation remains negative, the improvement in 2024 free cash flow versus 2023 signals early stabilization in working capital or capex discipline. If sustained, this trend reduces near-term refinancing pressure and supports incremental deleveraging or reinvestment into core operations.

Negative Factors

Material revenue decline

A ~31% revenue decline materially reduces scale and undermines the company's ability to cover fixed costs. Sustained top-line contraction erodes market position and bargaining power with suppliers and customers, making margin recovery and return to sustainable profitability more difficult absent market or product improvements.

Persistent negative cash generation

Five consecutive years of negative operating and free cash flow means the company has relied on external funding to run and invest. Prolonged cash burn increases refinancing and liquidity risk, constrains capital expenditures, and limits the firm’s ability to respond to competitive or market shifts over the medium term.

Margin deterioration and losses

Sharp margin compression to ~4.5% and negative ROE reflect weak pricing power and/or rising costs. Large losses in 2023–2024 indicate value destruction and reduce internal capital for growth. Without durable margin restoration, the company will struggle to rebuild profitability even if revenues stabilize.

YCIH Green High-Performance Concrete Co., Ltd. Class H Business Overview & Revenue Model

Company Description

YCIH Green High-Performance Concrete Company Limited engages in the research, development, production, and sale of ready-mixed concrete and related products in the People's Republic of China. It offers polycarboxylic admixtures and aggregates; and concrete-related quality and technology management services. The company was founded in 1996 and is headquartered in Kunming, the People's Republic of China. YCIH Green High-Performance Concrete Company is a subsidiary of Yunnan Construction and Investment Holding Group Co., Ltd.

How the Company Makes Money

The company generates revenue primarily through the sale of its high-performance concrete products. It operates manufacturing facilities that produce a range of concrete types tailored to different construction requirements. YCIH Green High-Performance Concrete Co., Ltd. earns income by supplying these products to construction companies, developers, and infrastructure projects. Additionally, the company may engage in strategic partnerships or contracts with large-scale construction firms or government entities, which can significantly contribute to its revenue streams. Factors such as innovation in eco-friendly product development and a strong distribution network play a crucial role in its financial performance.

YCIH Green High-Performance Concrete Co., Ltd. Class H Financial Statement Overview

Summary

Overall fundamentals are weak: revenue fell ~31% in 2024, margins compressed sharply, and the company posted large losses in 2023–2024. Cash flow is a major concern with negative operating and free cash flow for five consecutive years (2020–2024). The balance sheet is not distressed but leverage increased (debt-to-equity ~0.56) while ROE turned meaningfully negative, raising risk if losses persist.

Income Statement

Profitability has deteriorated sharply: revenue fell ~31% in 2024 and the company swung from modest profitability in 2022 to large losses in 2023–2024. Gross margin compressed to ~4.5% in 2024 (from ~8.8% in 2023 and ~10–11% in prior stronger years), while operating performance turned deeply negative, indicating weak pricing power and/or cost pressure. A key positive is that the business has shown it can be profitable in prior years (2019–2020 in particular), but the current trajectory is clearly unfavorable.

Balance Sheet

The balance sheet is mixed but not distressed on leverage: debt-to-equity rose to ~0.56 in 2024 from ~0.37 in 2023, reflecting a meaningful increase in leverage during a loss-making period. Equity remains sizable (~1.13B) and assets are substantial, providing some balance-sheet buffer; however, returns on equity are now negative (about -10% in 2024), which signals value erosion if losses persist. Overall leverage is moderate, but the direction of change is a concern.

Cash Flow

Cash generation is weak and inconsistent: operating cash flow has been negative for five consecutive years (2020–2024), and free cash flow is also negative across those years, with 2024 still materially in the red. While 2024 free cash flow improved versus 2023 (less negative), the company is still funding operations and investment without internally generated cash, which raises refinancing and liquidity risk if conditions don’t improve. A historical bright spot exists in 2019 with strong positive operating and free cash flow, but that performance has not been sustained.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	911.95M	709.26M	1.41B	1.68B	2.10B	4.00B
Gross Profit	64.82M	32.04M	123.01M	182.94M	140.63M	434.93M
EBITDA	-51.55M	-65.15M	40.76M	110.92M	83.72M	364.67M
Net Income	-104.35M	-112.04M	-34.09M	27.17M	701.00K	206.45M
Balance Sheet
Total Assets	3.73B	3.88B	4.46B	4.83B	4.76B	4.60B
Cash, Cash Equivalents and Short-Term Investments	97.72M	124.78M	79.11M	140.72M	451.03M	609.39M
Total Debt	531.63M	626.93M	461.55M	356.90M	251.56M	193.87M
Total Liabilities	2.55B	2.68B	3.14B	3.46B	3.41B	3.20B
Stockholders Equity	1.11B	1.13B	1.24B	1.29B	1.26B	1.31B
Cash Flow
Free Cash Flow	-5.14M	-117.40M	-190.27M	-335.50M	-171.19M	-105.53M
Operating Cash Flow	7.76M	-99.11M	-94.52M	-313.74M	-151.01M	-51.02M
Investing Cash Flow	-12.85M	-17.26M	-94.11M	78.61M	47.96M	-232.62M
Financing Cash Flow	-21.15M	53.94M	125.53M	112.46M	-25.00K	3.15M

YCIH Green High-Performance Concrete Co., Ltd. Class H Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 0.51
• 50DMA: Positive
• 100DMA: Negative
• 200DMA: Negative
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For HK:1847, the sentiment is Positive. The current price of 0.51 is above the 20-day moving average (MA) of 0.48, above the 50-day MA of 0.50, and below the 200-day MA of 0.57, indicating a neutral trend. The MACD of >-0.01 indicates Positive momentum. The RSI at 57.56 is Neutral, neither overbought nor oversold. The STOCH value of 29.46 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for HK:1847.

YCIH Green High-Performance Concrete Co., Ltd. Class H Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
Sector *	61 Neutral	$10.43B	7.12	-0.05%	2.87%	2.86%	-36.73%
2233	60 Neutral	HK$11.58B	2.51	7.90%	1.29%	20.56%	254.64%
0695	52 Neutral	HK$4.39B	-40.10	-6.75%	―	-11.16%	41.97%
0691	49 Neutral	HK$2.22B	-2.49	-5.53%	―	-14.85%	―
1252	48 Neutral	HK$727.65M	2.64	2.06%	―	0.18%	―
1313	45 Neutral	HK$12.01B	118.92	0.53%	1.52%	―	―
1847	44 Neutral	HK$68.28M	-2.34	-8.97%	―	-11.49%	-128.11%

YCIH Green High-Performance Concrete Co., Ltd. Class H Corporate Events

YCIH Green High-Performance Concrete Names Wang Fang Deputy General Manager

YCIH Green High-Performance Concrete Company Limited has appointed Wang Fang as deputy general manager, effective 29 January 2026, with a term running until the end of the third session of the board and the possibility of reappointment. Wang, currently chairwoman of the Labor Union, an executive director and Party Committee member of the company, brings extensive experience from various senior roles within Yunnan-based construction and engineering entities, as well as recognized professional qualifications and industry awards, underscoring the company’s emphasis on experienced internal leadership and reinforcing its management structure to support ongoing operational development. Her remuneration will be set in line with laws, regulations, market standards and the company’s operations, and the company confirmed she has no disclosable relationships with major shareholders or other directors and holds no interests in the company’s shares.

The most recent analyst rating on (HK:1847) stock is a Sell with a HK$0.46 price target. To see the full list of analyst forecasts on YCIH Green High-Performance Concrete Co., Ltd. Class H stock, see the HK:1847 Stock Forecast page.

YCIH Green High-Performance Concrete Calls 2026 EGM to Approve New YCIH Framework Agreements

YCIH Green High-Performance Concrete Company Limited has convened an extraordinary general meeting for 10:00 a.m. on 6 February 2026 in Kunming, where shareholders will vote on two framework agreements with its controlling group, YCIH, covering product sales and the procurement of raw materials, products and services for the years 2026 to 2028, including proposed annual caps. The meeting will also authorize the board or its delegates to take all necessary actions to implement these transactions, with share transfer and proxy arrangements set out for both domestic and H-shareholders, underscoring the importance of these related-party arrangements for the company’s future supply chain stability and revenue structure.

The most recent analyst rating on (HK:1847) stock is a Sell with a HK$0.46 price target. To see the full list of analyst forecasts on YCIH Green High-Performance Concrete Co., Ltd. Class H stock, see the HK:1847 Stock Forecast page.

YCIH Green High-Performance Concrete Delays Despatch of Circular on Major and Connected Transactions

YCIH Green High-Performance Concrete Company Limited has announced a delay in sending to shareholders a circular relating to a series of five major and connected transactions, including product sales, raw materials and services procurement, financial services, land and property leasing arrangements, and the provision of guarantees. The circular, which will contain details of these transactions, independent board and adviser opinions, and the notice of an extraordinary general meeting, was originally scheduled for despatch around 12 December 2025 but is now expected to be sent on or around 26 January 2026, indicating a modest timetable shift in the company’s approval process for these key framework agreements and related-party transactions.

The most recent analyst rating on (HK:1847) stock is a Hold with a HK$0.52 price target. To see the full list of analyst forecasts on YCIH Green High-Performance Concrete Co., Ltd. Class H stock, see the HK:1847 Stock Forecast page.

YCIH Green High-Performance Concrete Co., Ltd. Launches Phase I of Phosphogypsum Utilization Project

YCIH Green High-Performance Concrete Co., Ltd. has announced the completion and commencement of operations for Phase I of the Anning Phosphogypsum Comprehensive Utilization Project. This project, which includes a daily production capacity of 5,000 tons of various construction materials, represents a significant advancement in the resource utilization of phosphogypsum, a challenging industrial waste. The project aims to establish a full industrial chain demonstration base, promoting the circular economy and sustainable development in the industry. Strategic agreements have been signed for raw material supply and sales, indicating strong market integration and potential growth in the infrastructure sector.

YCIH Green High-Performance Concrete Co., Ltd. Announces Strategic Framework Agreements for 2026-2028

YCIH Green High-Performance Concrete Co., Ltd. has announced a series of framework agreements and transactions for the period 2026-2028, including product sales, procurement, financial services, and leasing contracts. These agreements are expected to streamline operations and enhance market positioning by ensuring stable supply chains and financial arrangements, thereby potentially benefiting stakeholders through improved operational efficiency and market competitiveness.

YCIH Green High-Performance Concrete Announces Trading Halt for Major Transaction

YCIH Green High-Performance Concrete Co., Ltd. has announced a trading halt of its H shares on the Hong Kong Stock Exchange as of November 18, 2025. This pause in trading is pending the release of an announcement related to a major transaction, indicating a significant development that could impact the company’s operations and market positioning.