China Titans Energy Technology Group Co., Ltd. (2188) AI Stock Analysis

• Market Cap: HK$279.01M
• Dividend Yield: N/A
• Average Volume (3M): 904.40K
• Price to Earnings (P/E): ―
• Beta (1Y): 0.08
• Revenue Growth: -0.84%
• EPS Growth: 42.31%
• Country: HK
• Employees: 441
• Sector: Industrials
• Sector Strength: 72
• Industry: Electrical Equipment & Parts
• EPS (TTM): -0.02
• Shares Outstanding: 1,492,026,000
• 10 Day Avg. Volume: 389,000
• 30 Day Avg. Volume: 904,400
• PEG Ratio: 0.88
• Price to Book (P/B): 0.78
• Price to Sales (P/S): 1.11
• P/FCF Ratio: -3.05
• 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
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 40 Underperform
• Price Target: HK$0.19 ▲(1.58% Upside)

The overall stock score reflects significant financial and valuation challenges, with technical indicators suggesting bearish momentum. The lack of profitability and cash flow generation are major concerns, overshadowing any positive aspects of the balance sheet.

Positive Factors

Market Position

China Titans Energy's leadership in the renewable energy sector in China positions it well to capitalize on the country's growing demand for sustainable energy solutions.

Revenue Streams

Diverse revenue streams from multiple energy technology products and services provide resilience against market fluctuations and support long-term growth.

Strategic Partnerships

Partnerships with energy firms and involvement in government initiatives enhance market reach and operational capabilities, supporting sustainable growth.

Negative Factors

Cash Flow Challenges

Inability to generate positive cash flow from operations raises concerns about liquidity and the company's ability to finance activities without external funding.

Profitability Issues

Ongoing profitability challenges, with negative margins, indicate operational inefficiencies and hinder the company's ability to generate shareholder value.

Revenue Growth Concerns

While revenue growth exists, it is insufficient to overcome cash flow and profitability issues, limiting the company's financial stability and growth potential.

China Titans Energy Technology Group Co., Ltd. Business Overview & Revenue Model

Company Description

China Titans Energy Technology Group Co., Limited, an investment holding company, engages in the research, development, manufacture, and sale of power electric products and equipment in the People's Republic of China. The company operates through DC Power System, Charging Equipment, and Charging Services and Construction segments. It offers power supply products, including GZDW high frequency switch DC power supply systems, intelligent LV AC power supply distribution systems, integration power supply systems, and test power supply systems. The company also provides EV charging products comprising EV rapid charging products, AC EV charging poles, binning chargers, and battery maintenance systems; and storage power and microgrid products consisting of PV converters, energy storage chargers and dischargers, TPCS converters, controllers, and software products. In addition, it offers wind and solar power generation balancing control and other products, charging equipment for electrical vehicles, power grid monitoring and management products, and electrical direct current products; sells and leases electric vehicles; and provides charging services for electric vehicles, as well as construction services of charging poles for electric vehicles. The company was founded in 1992 and is headquartered in Zhuhai, the People's Republic of China.

How the Company Makes Money

China Titans Energy Technology Group Co., Ltd. generates revenue through the sale of its energy technology products and services, which include solar inverters, energy storage systems, and smart grid technologies. The company benefits from various revenue streams, including direct sales to end-users, partnerships with distributors, and collaborations with energy firms for large-scale projects. Additionally, the company may also engage in service contracts for maintenance and support, generating ongoing revenue. Strategic partnerships with other technology providers and participation in government-funded renewable energy initiatives further contribute to its earnings, enhancing its market reach and operational capabilities.

China Titans Energy Technology Group Co., Ltd. Financial Statement Overview

Summary

The company is experiencing financial difficulties, with consistent net losses and negative EBIT and EBITDA margins. Revenue growth is present but overshadowed by cash flow challenges and profitability issues. The balance sheet is stable, but cash flow concerns and negative return on equity highlight financial instability.

Income Statement

The company has experienced some revenue growth, evidenced by a 4.8% increase in revenue from 2023 to 2024. However, profitability is a concern with consistent net losses and negative EBIT and EBITDA margins. The gross profit margin decreased slightly from 28.8% in 2023 to 26.1% in 2024, indicating pressure on operational efficiency.

Balance Sheet

The balance sheet shows a relatively stable equity base, with a debt-to-equity ratio of 0.38 in 2024, which is manageable. The equity ratio is 54.9%, indicating a strong capital structure. However, the net income losses impact the return on equity, which remains negative, pointing to challenges in generating returns for shareholders.

Cash Flow

The company faces significant challenges with cash flow, as indicated by a zero free cash flow in 2024 and the absence of operating cash flow. The inability to generate positive cash flow from operations raises concerns about liquidity and the company's ability to finance its activities without external funding.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	381.46M	392.25M	374.28M	344.85M	337.34M	275.59M
Gross Profit	90.98M	102.52M	107.80M	110.32M	114.42M	68.26M
EBITDA	-56.46M	-55.53M	-22.00M	8.11M	41.80M	-10.11M
Net Income	-45.71M	-45.38M	-43.98M	-18.23M	18.59M	-29.62M
Balance Sheet
Total Assets	991.93M	1.02B	1.08B	906.96M	866.43M	826.44M
Cash, Cash Equivalents and Short-Term Investments	154.59M	133.86M	235.99M	99.45M	79.49M	92.86M
Total Debt	270.12M	211.73M	160.40M	164.58M	163.78M	168.89M
Total Liabilities	451.26M	451.69M	460.21M	404.36M	343.51M	321.55M
Stockholders Equity	532.12M	560.27M	609.41M	491.05M	510.99M	492.70M
Cash Flow
Free Cash Flow	-55.89M	-142.24M	794.00K	4.08M	10.24M	-10.09M
Operating Cash Flow	-57.97M	-127.93M	7.61M	16.06M	11.70M	-9.63M
Investing Cash Flow	37.92M	-617.00K	-26.07M	41.74M	-5.18M	40.35M
Financing Cash Flow	-8.44M	42.64M	153.52M	-9.08M	-15.84M	-21.18M

China Titans Energy Technology Group Co., Ltd. Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 0.19
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Negative
• RSI: Neutral
• STOCH: Positive

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For HK:2188, the sentiment is Negative. The current price of 0.19 is below the 20-day moving average (MA) of 0.20, below the 50-day MA of 0.22, and below the 200-day MA of 0.27, indicating a bearish trend. The MACD of >-0.01 indicates Negative momentum. The RSI at 38.91 is Neutral, neither overbought nor oversold. The STOCH value of 18.07 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for HK:2188.

China Titans Energy Technology Group Co., Ltd. Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
1979	76 Outperform	HK$2.13B	5.08	22.34%	5.89%	18.32%	14.06%
3393	69 Neutral	HK$16.09B	18.38	15.02%	2.33%	20.33%	27.05%
Sector *	63 Neutral	$10.79B	15.43	7.44%	2.01%	2.89%	-14.66%
1710	63 Neutral	HK$246.00M	12.49	5.04%	7.32%	4.01%	―
8328	51 Neutral	HK$494.89M	-2.42	-18.92%	―	-28.40%	-350.00%
2188	40 Underperform	HK$279.01M	-5.67	-8.16%	―	-0.84%	42.31%
6908	39 Underperform	HK$450.63M	-2.08	-29.34%	―	-3.87%	1.11%

China Titans Energy Technology Group Co., Ltd. Corporate Events

China Titans Energy Announces Director Redesignation

China Titans Energy Technology Group Co., Ltd. announced the redesignation of Mr. Tao Chen as an executive director, with a service agreement stipulating that no director’s fee will be provided during his tenure. This move is part of the company’s ongoing efforts to streamline its leadership structure, potentially impacting its governance and operational strategies.

China Titans Energy Announces Board Reshuffle

China Titans Energy Technology Group Co., Ltd. announced significant changes in its board composition. Mr. Bi Jingfeng has resigned as an executive director due to retirement, and Mr. Tao Chen has been re-designated from a non-executive director to an executive director, taking responsibility for the group’s daily operations. These changes are expected to impact the company’s operational dynamics and strategic direction, with Mr. Tao’s extensive experience in enterprise management likely to influence the company’s future growth and positioning in the energy technology sector.

China Titans Energy Technology Group Announces Board Composition

China Titans Energy Technology Group Co., Ltd. has announced the composition of its board of directors, highlighting the roles and functions of each member. This announcement provides clarity on the leadership structure, which may influence the company’s strategic direction and governance, potentially impacting its market positioning and stakeholder relations.