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China Apex Group Ltd. (HK:2011)
:2011
Hong Kong Market
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China Apex Group Ltd. (2011) AI Stock Analysis

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HK:2011

China Apex Group Ltd.

(2011)

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Neutral 66 (OpenAI - 4o)
Rating:66Neutral
Price Target:
HK$1.50
▲(10.29% Upside)
China Apex Group Ltd. scores a 66, driven primarily by its strong financial recovery and stable cash flow generation. Technical analysis presents mixed signals, with potential short-term weakness but possible buying opportunities if momentum improves. The valuation is fair, though not particularly attractive without a dividend yield or strong growth prospects. The absence of recent earnings call insights or notable corporate events leaves the financial performance as the most significant factor in the overall score.

China Apex Group Ltd. (2011) vs. iShares MSCI Hong Kong ETF (EWH)

China Apex Group Ltd. Business Overview & Revenue Model

Company DescriptionChina Apex Group Limited, an investment holding company, designs, manufactures, sells, and trades in finished zippers and sliders, and other garment accessories for the original equipment manufacturers of clothing brands. It operates in the People's Republic of China, Hong Kong, Switzerland, Italy, India, Indonesia, Bangladesh, Germany, Korea, Vietnam, Tunisia, and Jordan. The company was formerly known as KEE Holdings Company Limited and changed its name to China Apex Group Limited in November 2019. China Apex Group Limited was founded in 1992 and is headquartered in Central, Hong Kong.
How the Company Makes MoneyChina Apex Group Ltd. generates revenue through multiple streams, primarily by providing manufacturing and logistics services to businesses both in China and abroad. The company earns income from contracts with large industrial clients, which rely on its manufacturing capabilities for components and finished products. Additionally, its logistics division plays a crucial role in managing supply chains for various industries, charging clients for transportation and warehousing services. Significant partnerships with key industry players and government contracts further bolster its revenue, allowing the company to secure long-term agreements that contribute to stable cash flows. The company's focus on innovation and efficiency also positions it favorably in competitive markets, enhancing its ability to attract new clients and retain existing ones.

China Apex Group Ltd. Financial Statement Overview

Summary
China Apex Group Ltd. has demonstrated a commendable recovery in its financial performance, with significant improvements in profitability, leverage, and cash flow metrics. The income statement shows strong revenue growth and improved margins, while the balance sheet reflects a stable financial structure with manageable leverage. Cash flow generation has been robust, supporting the company's operational and strategic initiatives. However, historical volatility in financial performance suggests the need for continued focus on stability and risk management.
Income Statement
75
Positive
China Apex Group Ltd. has shown a strong recovery in its income statement metrics. The gross profit margin improved significantly to 52.66% in 2024 from 41.47% in 2023, indicating better cost management or pricing strategies. The net profit margin also turned positive to 9.69% in 2024 from a negative margin in 2023, reflecting improved profitability. Revenue growth rate was impressive at 25.08% from 2023 to 2024. EBIT and EBITDA margins improved to 10.67% and 25.02% respectively, showing enhanced operational efficiency. However, historical volatility in profitability remains a concern.
Balance Sheet
70
Positive
The balance sheet of China Apex Group Ltd. reflects a stable financial position with a debt-to-equity ratio of 1.14 in 2024, indicating moderate leverage. The return on equity (ROE) improved to 17.85%, showcasing effective use of equity to generate profits. The equity ratio stands at 32.77%, suggesting a balanced capital structure. However, the company has experienced fluctuations in equity and liabilities over the years, which may pose risks if not managed properly.
Cash Flow
80
Positive
Cash flow metrics for China Apex Group Ltd. are strong, with a significant improvement in free cash flow from -13.33 million in 2023 to 42.36 million in 2024, indicating robust cash generation capabilities. The operating cash flow to net income ratio is 1.31, suggesting healthy cash conversion from earnings. The free cash flow to net income ratio is also favorable at 1.31, highlighting efficient cash management. The company has shown resilience in improving cash flows despite past challenges.
BreakdownDec 2024Dec 2023Dec 2022Dec 2021Dec 2020
Income Statement
Total Revenue333.38M266.55M215.58M239.72M170.09M
Gross Profit175.51M110.54M69.71M71.91M34.23M
EBITDA83.42M-34.46M37.97M20.10M-16.74M
Net Income32.30M-69.04M658.00K-16.91M-51.21M
Balance Sheet
Total Assets551.79M278.10M305.71M275.78M290.70M
Cash, Cash Equivalents and Short-Term Investments141.48M63.90M105.27M59.87M60.93M
Total Debt206.10M72.01M43.09M50.30M64.17M
Total Liabilities359.19M144.64M99.30M111.01M117.66M
Stockholders Equity180.87M123.38M184.91M141.67M151.87M
Cash Flow
Free Cash Flow42.36M-13.33M276.00K15.72M-2.02M
Operating Cash Flow42.36M1.30M15.65M35.59M18.67M
Investing Cash Flow37.96M-8.36M-13.65M-18.25M3.02M
Financing Cash Flow12.33M-33.38M50.53M-20.81M-56.59M

China Apex Group Ltd. Technical Analysis

Technical Analysis Sentiment
Negative
Last Price1.36
Price Trends
50DMA
1.38
Negative
100DMA
1.37
Negative
200DMA
1.33
Positive
Market Momentum
MACD
>-0.01
Positive
RSI
47.46
Neutral
STOCH
20.00
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For HK:2011, the sentiment is Negative. The current price of 1.36 is below the 20-day moving average (MA) of 1.37, below the 50-day MA of 1.38, and above the 200-day MA of 1.33, indicating a neutral trend. The MACD of >-0.01 indicates Positive momentum. The RSI at 47.46 is Neutral, neither overbought nor oversold. The STOCH value of 20.00 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for HK:2011.

China Apex Group Ltd. Peers Comparison

Overall Rating
UnderperformOutperform
Sector (61)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
80
Outperform
1.00B7.0527.20%6.37%7.12%28.89%
66
Neutral
HK$781.32M16.3325.73%21.10%
54
Neutral
210.88M-3.52-6.24%1.96%-20.43%-24.29%
44
Neutral
181.64M-0.520.00%-6.47%-118.56%
41
Neutral
1.29B-3.750.00%2.67%-54.41%
61
Neutral
$18.38B12.79-2.54%3.03%1.52%-15.83%
* Consumer Cyclical Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
HK:2011
China Apex Group Ltd.
1.36
-0.12
-8.11%
HK:2668
Pak Tak International Limited
0.23
-0.13
-36.11%
HK:0294
Yangtzekiang Garment Co. Ltd.
1.02
-0.01
-0.97%
HK:1388
Embry Holdings Limited
0.43
0.13
43.33%
HK:1346
Lever Style Corp.
1.57
0.82
109.33%

China Apex Group Ltd. Corporate Events

China Apex Group Ltd. Reports Strong Interim Results for H1 2025
Sep 1, 2025

China Apex Group Ltd. reported a significant improvement in its financial performance for the first half of 2025, with revenue increasing by 21.3% to HK$194.6 million and profit for the period surging by 193.2% to HK$30.9 million. The company also saw a notable rise in profit attributable to equity shareholders, which grew by 143.1% to HK$26.4 million, despite a decrease in gross profit margin from 55.4% to 51.0%. These results reflect the company’s enhanced operational efficiency and strategic market positioning, which have positively impacted its financial health and shareholder value.

The most recent analyst rating on (HK:2011) stock is a Hold with a HK$1.50 price target. To see the full list of analyst forecasts on China Apex Group Ltd. stock, see the HK:2011 Stock Forecast page.

Gilston Group Secures Transition Period for Jiajinlong Car City Land Use
Aug 31, 2025

Gilston Group Limited has announced a business update regarding the Jiajinlong Car City, which involves the renewal of land use rights. The company is actively working with lessees and relevant authorities to secure a 20-year renewal, with a transition period granted until July 2030. The Second Supplemental Entrustment Agreement confirms Shenzhen Jiajinlong as the sole manager and operator of the Car City, with rights to negotiate lease terms and ensure operational continuity.

The most recent analyst rating on (HK:2011) stock is a Hold with a HK$1.50 price target. To see the full list of analyst forecasts on China Apex Group Ltd. stock, see the HK:2011 Stock Forecast page.

Gilston Group Limited Announces Positive Profit Alert for H1 2025
Aug 28, 2025

Gilston Group Limited has announced a positive profit alert, expecting a significant increase in profit attributable to equity shareholders for the first half of 2025, ranging from HK$25 million to HK$40 million, compared to HK$11 million in the same period of 2024. This increase is primarily due to a higher portion of revenue and net profit from its direct operation of Jiajinlong Car City and stabilized performance from its Zipper business.

The most recent analyst rating on (HK:2011) stock is a Hold with a HK$1.50 price target. To see the full list of analyst forecasts on China Apex Group Ltd. stock, see the HK:2011 Stock Forecast page.

Gilston Group Schedules Board Meeting for Interim Results
Aug 18, 2025

Gilston Group Limited, incorporated in the Cayman Islands, has announced a board meeting scheduled for August 29, 2025, to discuss and approve the unaudited interim results for the first half of 2025. This meeting is significant as it will provide insights into the company’s financial performance and strategic direction for the remainder of the year, potentially impacting investor confidence and market positioning.

Gilston Group Limited Provides Business Update on Jiajinlong Car City Operations
Jun 30, 2025

Gilston Group Limited has announced a business update regarding its ongoing management and operation of the Jiajinlong Car City. The company is in the process of renewing the land use rights, which expired on June 29, 2025, and is working with relevant parties to secure approval. The company has not faced any significant obstacles in this process and expects no material disruption to its operations or financial conditions. The Board will continue to monitor the situation and provide updates as necessary.

China Apex Group Ltd. Announces AGM Results and Board Changes
Jun 19, 2025

China Apex Group Ltd. announced that all proposed resolutions were approved at their Annual General Meeting held on June 19, 2025. This includes the appointment of Ms. Cheung Ka Yuen as a member of the Nomination Committee, alongside the re-election of several directors and the authorization for share repurchases and issuances. The successful passing of these resolutions reflects strong shareholder support and positions the company for continued governance and operational stability.

China Apex Group Ltd. Announces Board Composition and Roles
Jun 19, 2025

China Apex Group Ltd. announced the composition of its board of directors, highlighting the roles and functions of each member. The board includes executive, non-executive, and independent non-executive directors, with specific members assigned to the audit, remuneration, and nomination committees. This announcement provides clarity on the leadership structure and governance of the company, potentially impacting its strategic direction and stakeholder confidence.

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: Sep 18, 2025