Shanghai Chicmax Cosmetics Co., Ltd. Class H (2145) AI Stock Analysis

• Market Cap: HK$35.99B
• Dividend Yield: 2.53%
• Average Volume (3M): 662.88K
• Price to Earnings (P/E): 35.2
• Beta (1Y): 0.94
• Revenue Growth: 20.78%
• EPS Growth: 18.37%
• Country: HK
• Employees: 2,086
• Sector: Consumer Defensive
• Sector Strength: 42
• Industry: Household & Personal Products
• EPS (TTM): 1.45
• Shares Outstanding: 206,354,540
• 10 Day Avg. Volume: 806,967
• 30 Day Avg. Volume: 662,882
• PEG Ratio: 0.24
• Price to Book (P/B): 5.94
• Price to Sales (P/S): 1.92
• P/FCF Ratio: 42.80
• 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$114.29
• Price Target Upside: 32.36% Upside
• Rating Consensus: Strong Buy
• Number of Analyst Covering: 4
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 61 Neutral
• Price Target: HK$91.00 ▲(5.39% Upside)

Shanghai Chicmax Cosmetics Co., Ltd. has a strong financial foundation with robust growth and profitability, which is the most significant factor in its overall score. However, the stock is currently facing bearish technical indicators, which weigh down the score. The valuation is moderate, with a high P/E ratio but a decent dividend yield. The absence of earnings call data and corporate events means these factors do not influence the score.

Positive Factors

Revenue Growth

Consistent revenue growth indicates expanding market presence and effective product strategies, supporting long-term business sustainability.

Profitability Margins

High profitability margins reflect efficient operations and strong pricing power, contributing to sustained financial health.

Balance Sheet Health

A low debt-to-equity ratio ensures financial flexibility and reduces risk, supporting long-term growth and stability.

Negative Factors

Cash Conversion Efficiency

Moderate cash conversion efficiency can limit liquidity and operational flexibility, potentially impacting growth investments.

Technical Analysis

Bearish technical indicators may reflect underlying market concerns, potentially affecting investor confidence and stock performance.

Cash Flow Efficiency

Suboptimal cash flow efficiency can constrain the company's ability to reinvest in growth opportunities, affecting long-term expansion.

Shanghai Chicmax Cosmetics Co., Ltd. Class H Business Overview & Revenue Model

Company Description

Shanghai Chicmax Cosmetics Co., Ltd. is a leading player in the cosmetics industry, specializing in the development, production, and distribution of a diverse range of beauty products. The company operates primarily in the personal care and cosmetic sectors, offering a wide array of products including skincare, makeup, and hair care solutions. Chicmax is known for its innovative approaches to product formulation and packaging, catering to both domestic and international markets.

How the Company Makes Money

Chicmax generates revenue through multiple key streams including direct sales of its cosmetics and skincare products through retail channels, e-commerce platforms, and partnerships with beauty retailers. The company also benefits from private label services where it manufactures products for other brands, thus diversifying its income sources. Furthermore, strategic collaborations with distributors and influencers in the beauty industry enhance its market reach and brand visibility, driving sales growth. The company's focus on research and development allows for the continuous introduction of new products, keeping its offerings fresh and appealing to a broad consumer base.

Shanghai Chicmax Cosmetics Co., Ltd. Class H Financial Statement Overview

Summary

Shanghai Chicmax Cosmetics Co., Ltd. demonstrates strong financial performance with robust revenue growth, high profitability margins, and low leverage. The company effectively utilizes its equity to generate returns, although there is room to improve cash conversion efficiency. Overall, the financial statements reflect a well-managed company with a positive growth outlook and financial stability.

Income Statement

Shanghai Chicmax Cosmetics Co., Ltd. shows strong revenue growth with a TTM increase of 4.27%. The company maintains high gross and net profit margins at 75.22% and 11.50%, respectively, indicating robust profitability. EBIT and EBITDA margins are also healthy, reflecting efficient operations. Overall, the income statement reflects a positive growth trajectory and strong profitability.

Balance Sheet

The balance sheet is solid with a low debt-to-equity ratio of 0.05, indicating low leverage and financial stability. The return on equity is impressive at 36.37%, showcasing effective use of equity to generate profits. The equity ratio stands at 61.41%, suggesting a strong equity base relative to total assets. Overall, the balance sheet reflects financial stability and efficient equity utilization.

Cash Flow

Cash flow analysis shows a significant improvement in free cash flow growth at 20.27% TTM, indicating enhanced cash generation capabilities. The operating cash flow to net income ratio is moderate at 0.16, while the free cash flow to net income ratio is 0.44, suggesting room for improvement in cash conversion efficiency. Overall, the cash flow statement indicates positive cash flow growth but highlights potential areas for enhancing cash efficiency.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	7.40B	6.79B	4.19B	2.68B	3.62B	3.38B
Gross Profit	5.53B	5.11B	2.99B	1.70B	2.36B	2.19B
EBITDA	808.01M	752.09M	676.04M	268.88M	404.70M	403.95M
Net Income	904.16M	781.21M	461.10M	147.10M	338.89M	203.46M
Balance Sheet
Total Assets	3.95B	3.60B	3.13B	3.15B	2.27B	2.22B
Cash, Cash Equivalents and Short-Term Investments	799.88M	732.71M	914.50M	1.17B	157.26M	174.24M
Total Debt	300.83M	111.67M	165.57M	728.20M	285.04M	544.10M
Total Liabilities	1.45B	1.36B	1.10B	1.44B	1.32B	1.64B
Stockholders Equity	2.43B	2.19B	2.01B	1.71B	949.98M	578.95M
Cash Flow
Free Cash Flow	473.06M	304.38M	657.69M	-23.51M	269.46M	124.56M
Operating Cash Flow	715.30M	546.95M	746.16M	36.56M	335.19M	265.97M
Investing Cash Flow	-74.30M	-187.03M	-457.49M	-66.78M	-55.29M	-6.95M
Financing Cash Flow	-556.10M	-595.67M	-737.21M	1.03B	-289.56M	-239.93M

Shanghai Chicmax Cosmetics Co., Ltd. Class H Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 86.35
• 50DMA: Negative
• 100DMA: Negative
• 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:2145, the sentiment is Positive. The current price of 86.35 is above the 20-day moving average (MA) of 85.77, below the 50-day MA of 86.56, and above the 200-day MA of 76.68, indicating a neutral trend. The MACD of -0.08 indicates Negative momentum. The RSI at 51.89 is Neutral, neither overbought nor oversold. The STOCH value of 76.24 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for HK:2145.

Shanghai Chicmax Cosmetics Co., Ltd. Class H Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
6601	74 Outperform	HK$2.95B	13.87	6.65%	5.93%	9.72%	-10.15%
1044	73 Outperform	HK$33.19B	13.36	10.69%	5.36%	-3.48%	-24.11%
2367	66 Neutral	HK$38.13B	15.02	29.64%	1.84%	36.70%	22.26%
Sector *	62 Neutral	$20.33B	14.63	-3.31%	3.23%	1.93%	-12.26%
2145	61 Neutral	HK$35.99B	35.24	39.62%	2.53%	20.78%	18.37%
6993	43 Neutral	HK$16.47B	-28.79	-6.08%	5.02%	2.79%	-170.67%
0157	41 Neutral	HK$981.03M	-15.76	-12.38%	―	39.29%	-71.82%

Shanghai Chicmax Cosmetics Co., Ltd. Class H Corporate Events

Shanghai Chicmax Updates Articles of Association Post RSU Issuance

Shanghai Chicmax Cosmetics Co., Ltd. announced amendments to its Articles of Association following the issuance and allotment of 35,223 H Shares under its RSU Scheme. This adjustment reflects changes in the company’s registered share capital and total number of shares, aligning with resolutions passed at an extraordinary general meeting in December 2023.

Shanghai Chicmax Announces Fourth Round of RSU Grants to Employees

Shanghai Chicmax Cosmetics Co., Ltd. has announced the fourth round of granting Restricted Share Units (RSUs) to five employees, totaling 51,130 RSUs, which represents 0.01% of the company’s total shares. This move is intended to recognize and incentivize the employees’ past and expected future contributions to the company’s growth and success, with a vesting period of less than 12 months and performance targets set for eligibility.

Shanghai Chicmax Declares Interim Dividend for 2025

Shanghai Chicmax Cosmetics Co., Ltd. has announced an interim cash dividend of RMB 0.5 per share for the six months ending June 30, 2025, with a corresponding payment in Hong Kong dollars. The announcement includes details on withholding tax rates applicable to different categories of shareholders, reflecting the company’s compliance with international tax treaties. This dividend declaration is part of the company’s ongoing commitment to returning value to its shareholders and may influence investor sentiment positively.

Shanghai Chicmax Approves Key Resolutions at 2025 EGM

Shanghai Chicmax Cosmetics Co., Ltd. announced the results of its second extraordinary general meeting for 2025, where all proposed resolutions were approved. These included the payment of an interim dividend, amendments to the Articles of Association, and the appointment of new directors. The approval of these resolutions reflects strong shareholder support and is likely to impact the company’s governance structure and shareholder returns positively.

Shanghai Chicmax Announces Board Composition and Roles

Shanghai Chicmax Cosmetics Co., Ltd. has announced the composition of its board of directors, highlighting the roles and functions of each member. The board includes executive directors, an employee representative director, and independent non-executive directors, with specific assignments to various board committees. This announcement provides clarity on the governance structure and could impact the company’s strategic direction and stakeholder confidence.

Shanghai Chicmax Cosmetics Announces Key Resolutions for 2025 EGM

Shanghai Chicmax Cosmetics Co., Ltd. has announced that it will hold its second extraordinary general meeting in 2025 to discuss several key resolutions. These include the approval of an interim dividend, amendments to governance policies, and the appointment of an executive director. Additionally, the company is considering the abolition of its Supervisory Committee and changes to its Articles of Association and procedural rules, which could impact its corporate governance structure and operational efficiency.