China Lesso Group Holdings (2128) AI Stock Analysis

• Market Cap: HK$15.03B
• Dividend Yield: 4.22%
• Average Volume (3M): 6.95M
• Price to Earnings (P/E): 2.8
• Beta (1Y): 1.26
• Revenue Growth: -11.15%
• EPS Growth: -12.35%
• Country: HK
• Employees: 20,400
• Sector: Industrials
• Sector Strength: 72
• Industry: Construction
• EPS (TTM): 0.08
• Shares Outstanding: 3,102,418,500
• 10 Day Avg. Volume: 6,820,219
• 30 Day Avg. Volume: 6,954,954
• PEG Ratio: -0.21
• Price to Book (P/B): 0.42
• Price to Sales (P/S): 0.37
• P/FCF Ratio: 5.01
• 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: HK$6.45
• Price Target Upside: 39.01% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 1
• EPS Forecast (FY): 0.65
• Revenue Forecast (FY): HK$27.15B

• Rating: 69 Neutral
• Price Target: HK$7.00 ▲(50.86% Upside)
• Action: Downgraded Date: 01/30/26
• Date: Action: Downgraded 01/30/26

The score is primarily driven by mixed financial performance: solid balance-sheet stability and decent profitability are offset by declining revenue/margins and heightened cash-flow visibility risk (zero reported operating/free cash flows in 2024). Technicals show a strong uptrend but overbought momentum raises near-term downside risk. Valuation is a positive support due to the low P/E and ~3.2% dividend yield.

Positive Factors

Balance sheet stability

Moderate leverage and a ~41% equity ratio provide financial flexibility to fund operations and withstand cyclical construction demand. This capital structure supports durable investment capacity and lowers refinancing stress over the next several quarters compared with highly leveraged peers.

Negative Factors

Declining revenue and compressing margins

Material YoY revenue decline and large drop in EBIT margin signal weakening demand or pricing pressure and lower fixed-cost absorption. If persistent, this erodes operating leverage and constrains reinvestment, harming medium-term growth and returns to shareholders.

China Lesso Group Holdings Business Overview & Revenue Model

Company Description

China Lesso Group Holdings Limited, an investment holding company, manufactures and sells piping and building materials in China and internationally. The company offers piping systems for civil buildings, municipal engineering, home decoration, an...

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China Lesso Group Holdings Limited, an investment holding company, manufactures and sells piping and building materials in China and internationally. The company offers piping systems for civil buildings, municipal engineering, home decoration, an...

How the Company Makes Money

China Lesso Group generates revenue through the sale of a diverse array of products, primarily focusing on plastic pipes and related fittings, which are essential in construction and plumbing applications. The company has established multiple reve...

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China Lesso Group generates revenue through the sale of a diverse array of products, primarily focusing on plastic pipes and related fittings, which are essential in construction and plumbing applications. The company has established multiple reve...

China Lesso Group Holdings Financial Statement Overview

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	25.94B	27.03B	30.87B	30.77B	32.06B	28.07B
Gross Profit	6.97B	7.19B	8.12B	8.35B	8.12B	8.37B
EBITDA	5.22B	5.44B	5.61B	5.79B	5.72B	6.20B
Net Income	1.69B	1.68B	2.37B	2.52B	3.04B	3.75B
Balance Sheet
Total Assets	56.90B	58.33B	60.03B	58.95B	54.48B	46.53B
Cash, Cash Equivalents and Short-Term Investments	4.94B	6.64B	5.17B	6.40B	7.00B	6.57B
Total Debt	19.05B	19.65B	20.70B	20.61B	18.28B	16.24B
Total Liabilities	32.11B	33.91B	35.72B	36.36B	32.68B	26.17B
Stockholders Equity	24.32B	23.84B	23.50B	21.79B	20.77B	19.84B
Cash Flow
Free Cash Flow	2.29B	2.00B	2.49B	1.26B	1.91B	747.67M
Operating Cash Flow	3.13B	3.75B	6.70B	4.57B	5.17B	2.84B
Investing Cash Flow	-200.58M	-1.71B	-4.25B	-4.55B	-5.49B	-4.26B
Financing Cash Flow	-2.72B	-1.95B	-3.04B	-504.40M	87.18M	1.56B

China Lesso Group Holdings Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 4.64
• 50DMA: Negative
• 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:2128, the sentiment is Negative. The current price of 4.64 is below the 20-day moving average (MA) of 5.58, below the 50-day MA of 5.92, and below the 200-day MA of 4.96, indicating a bearish trend. The MACD of -0.29 indicates Positive momentum. The RSI at 30.22 is Neutral, neither overbought nor oversold. The STOCH value of 35.25 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for HK:2128.

China Lesso Group Holdings Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
2128	69 Neutral	HK$15.03B	2.81	7.00%	4.22%	-11.15%	-12.35%
Sector *	63 Neutral	$10.79B	15.43	7.44%	2.01%	2.89%	-14.66%
6865	52 Neutral	HK$33.84B	20.70	4.47%	5.67%	-18.50%	-83.76%
8349	48 Neutral	HK$516.00M	-109.62	-9.63%	―	-38.08%	32.95%
1108	43 Neutral	HK$5.18B	-2.35	-24.93%	―	-35.74%	-1755.61%
0713	43 Neutral	HK$285.16M	-1.53	-21.28%	―	-23.38%	-35.88%
1796	42 Neutral	HK$758.40M	-105.07	-34.09%	―	-38.13%	-74.92%

China Lesso Group Holdings Corporate Events