Future Bright Mining Holdings Ltd. (2212) AI Stock Analysis

• Market Cap: HK$226.24M
• Dividend Yield: N/A
• Average Volume (3M): 1.39M
• Price to Earnings (P/E): ―
• Beta (1Y): -0.17
• Revenue Growth: -44.67%
• EPS Growth: 18.67%
• Country: HK
• Employees: 29
• Sector: Basic Materials
• Sector Strength: 58
• Industry: Construction Materials
• EPS (TTM): >-0.01
• Shares Outstanding: 1,263,899,200
• 10 Day Avg. Volume: 308,000
• 30 Day Avg. Volume: 1,388,533
• PEG Ratio: 0.35
• Price to Book (P/B): 2.69
• Price to Sales (P/S): 1.31
• P/FCF Ratio: -13.85
• 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: 51 Neutral
• Price Target: HK$0.18 ▼(-5.26% Downside)

The overall stock score is primarily influenced by the company's mixed financial performance, with significant challenges in profitability and cash flow. However, positive technical indicators provide some optimism, suggesting potential short-term bullish momentum. Valuation remains a concern due to negative earnings and lack of dividends.

Positive Factors

Revenue Growth Momentum

A 23.95% year-over-year revenue gain in 2024 indicates the company can grow its top line, which is a durable driver of scale. Sustained revenue expansion can improve fixed-cost absorption, support investment in operations, and create a pathway toward margin recovery over multiple quarters.

Improving Gross Margins

An increase in gross margin from 1.87% to about 3.12% shows tangible progress on cost control or pricing power. While still low, this structural improvement suggests management can extract more profit per unit of revenue, which is critical for sustaining profitability once operating leverage kicks in.

Stable Equity Base

A stable equity ratio near 29.6% provides a meaningful capital cushion relative to total assets, which supports solvency and creditworthiness. This structural capital base can help the company absorb cyclical shocks and access financing on more stable terms if operational improvements continue.

Negative Factors

Zero Operating Cash Flow

Operating cash flow of zero signals the business currently generates no net cash from core operations, constraining reinvestment, debt repayment, and buffer against downturns. Without sustained cash generation, the company’s strategic flexibility and ability to fund growth are structurally impaired.

Rising Leverage

A debt-to-equity ratio of 1.08 reflects materially increased leverage, raising fixed financing obligations and refinancing risk. In the absence of consistent cash generation or margin improvement, higher leverage can magnify downside in adverse cycles and limit strategic investments for durable growth.

Persistent Net Losses

A negative net margin of -19.57% indicates the company is not yet converting revenue into sustainable profits. Persistent losses erode equity, restrict internal funding for capex or working capital, and necessitate either structural cost reductions or revenue quality improvements to restore long-term financial health.

Future Bright Mining Holdings Ltd. Business Overview & Revenue Model

Company Description

Future Bright Mining Holdings Limited, an investment holding company, engages in the excavation and sale of marble blocks in Mainland China. The company holds an interest in the Yiduoyan project, an open pit mine covering an area of approximately 0.5209 square kilometers located in the Hubei Province, the People's Republic of China. It is also involved in the trade of mineral commodities. In addition, the company engages in the wholesale of construction and decoration materials; mining, ore processing, as well as production and sale of marble products; and technology development and transfer business. Further, it provides consulting services. The company was founded in 2011 and is headquartered in Xiangyang, the People's Republic of China. Future Bright Mining Holdings Limited is a subsidiary of Zhong Ke Jiu Tai Technology Group Limited.

How the Company Makes Money

Future Bright Mining Holdings Ltd. generates revenue through the extraction and sale of minerals, primarily gold. The company's revenue model is based on the mining and processing of these resources, which are sold to various markets including jewelry manufacturers, industrial applications, and investment firms. Key revenue streams include direct sales of mined gold, contracts with distributors, and potential partnerships with other mining companies for joint ventures. Additionally, the company may benefit from fluctuations in commodity prices, which can significantly influence its earnings. Strategic partnerships with suppliers and technology providers also play a crucial role in optimizing production costs and expanding market reach.

Future Bright Mining Holdings Ltd. Financial Statement Overview

Summary

Future Bright Mining Holdings Ltd. shows mixed financial health. Revenue growth is encouraging, but persistent losses and operational inefficiencies weigh on profitability. Increased leverage raises financial risk, and cash flow constraints limit flexibility. Despite some improvements, substantial challenges remain.

Income Statement

The company's gross profit margin has improved, reaching approximately 3.12% in 2024 from 1.87% in 2023. However, the net profit margin remains negative, at -19.57% in 2024, indicating ongoing profitability challenges. Revenue growth was strong at 23.95% from 2023 to 2024, but the negative EBIT and EBITDA margins highlight operational inefficiencies.

Balance Sheet

The debt-to-equity ratio has risen to 1.08 in 2024, reflecting increased leverage, which could pose a financial risk. Return on equity remains negative due to losses, although the equity ratio is stable at 29.60%, suggesting a reasonable equity base relative to total assets.

Cash Flow

The company has faced cash flow challenges, with operating cash flow at zero in 2024. The lack of free cash flow growth indicates limited cash availability for reinvestment or debt reduction, impacting overall cash flow health.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	61.39M	96.36M	77.74M	63.88M	24.67M	20.25M
Gross Profit	2.59M	3.01M	1.45M	8.57M	3.53M	-2.11M
EBITDA	-14.40M	-13.10M	-12.80M	-5.99M	-1.07M	-8.81M
Net Income	-17.87M	-18.85M	-19.60M	-8.87M	-2.49M	-11.80M
Balance Sheet
Total Assets	160.76M	158.66M	137.85M	74.09M	67.31M	72.93M
Cash, Cash Equivalents and Short-Term Investments	16.23M	20.30M	13.13M	34.58M	26.11M	36.76M
Total Debt	45.59M	50.92M	59.98M	12.75M	822.00K	523.00K
Total Liabilities	122.88M	111.69M	104.69M	23.54M	9.65M	11.59M
Stockholders Equity	37.88M	46.97M	33.19M	52.53M	59.59M	63.07M
Cash Flow
Free Cash Flow	-11.66M	-9.14M	-64.87M	-3.71M	-4.48M	-16.38M
Operating Cash Flow	-10.32M	-7.96M	-891.00K	-3.48M	-4.28M	-1.43M
Investing Cash Flow	-798.00K	-292.00K	-63.91M	3.25M	5.85M	-14.16M
Financing Cash Flow	-19.62M	15.11M	46.64M	5.28M	-1.14M	9.77M

Future Bright Mining Holdings Ltd. Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 0.19
• 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:2212, the sentiment is Negative. The current price of 0.19 is above the 20-day moving average (MA) of 0.18, below the 50-day MA of 0.19, and above the 200-day MA of 0.15, indicating a neutral trend. The MACD of >-0.01 indicates Negative momentum. The RSI at 43.42 is Neutral, neither overbought nor oversold. The STOCH value of 40.95 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for HK:2212.

Future Bright Mining Holdings Ltd. 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$20.48B	19.26	7.74%	1.29%	20.56%	254.64%
0695	52 Neutral	HK$5.02B	-159.86	-6.75%	―	-11.16%	41.97%
2212	51 Neutral	HK$226.24M	-9.78	-38.07%	―	-44.67%	18.67%
0691	48 Neutral	HK$2.57B	16.38	0.80%	―	-14.85%	―
1313	45 Neutral	$11.94B	47.63	0.51%	1.52%	―	―
1847	44 Neutral	HK$64.93M	-1.92	-8.97%	―	-11.49%	-128.11%

Future Bright Mining Holdings Ltd. Corporate Events

Future Bright Mining Names Executive Director Sun Hailong as Board Chairman

Future Bright Mining Holdings Limited has appointed existing executive director Sun Hailong as chairman of the board with effect from 20 January 2026, consolidating leadership under an executive who has extensive experience in coal trading and financial management within the group and in related energy and investment businesses in Inner Mongolia. Sun, who has served as an executive director since April 2024 and leads the coal trading business of the company’s key PRC subsidiary, will continue under his existing three-year service agreement with an adjusted annual director’s fee of HK$156,000 plus a performance-based discretionary bonus, signaling continuity in governance and strategic direction without changes to his shareholding or additional board roles, and underscoring the board’s confidence in his stewardship of the company’s operations.

The most recent analyst rating on (HK:2212) stock is a Hold with a HK$0.20 price target. To see the full list of analyst forecasts on Future Bright Mining Holdings Ltd. stock, see the HK:2212 Stock Forecast page.

Future Bright Mining Sets Out Board and Committee Structure

Future Bright Mining Holdings Limited has announced the current composition of its board of directors, led by chairman and executive director Sun Hailong and chief executive officer and executive director Xue Yunfei, alongside two non-executive and three independent non-executive directors. The company has also set out the membership of its three key board committees, with independent directors chairing the audit, remuneration and nomination committees, underscoring an emphasis on independent oversight and alignment with Hong Kong corporate governance norms that is likely to be closely watched by investors and other stakeholders.

The most recent analyst rating on (HK:2212) stock is a Hold with a HK$0.20 price target. To see the full list of analyst forecasts on Future Bright Mining Holdings Ltd. stock, see the HK:2212 Stock Forecast page.