Chen Xing Development Holdings Limited (2286) AI Stock Analysis

• Market Cap: HK$139.20M
• Dividend Yield: N/A
• Average Volume (3M): 28.70K
• Price to Earnings (P/E): ―
• Beta (1Y): 8.21
• Revenue Growth: -81.10%
• EPS Growth: -114.54%
• Country: HK
• Employees: 194
• Sector: Real Estate
• Sector Strength: 53
• Industry: Real Estate - Development
• EPS (TTM): -0.16
• Shares Outstanding: 600,000,000
• 10 Day Avg. Volume: 10,900
• 30 Day Avg. Volume: 28,700
• PEG Ratio: -0.12
• Price to Book (P/B): 0.14
• Price to Sales (P/S): 0.13
• P/FCF Ratio: 2.52
• 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: 48 Neutral
• Price Target: HK$0.20 ▲(3.68% Upside)

The overall stock score of 48 reflects significant financial challenges, including negative profitability and a high debt-to-equity ratio. Technical analysis indicates a bearish trend, while valuation metrics are unattractive due to ongoing losses and no dividend yield. These factors collectively suggest a cautious outlook for Chen Xing Development Holdings Limited.

Positive Factors

Diversified Revenue Streams

Chen Xing's diversified revenue model, including property sales and rental income, provides a stable financial base and reduces reliance on any single income source, enhancing resilience against market fluctuations.

Substantial Asset Base

A substantial asset base offers financial stability and potential leverage for future growth opportunities, supporting long-term strategic initiatives in the competitive real estate market.

Property Management Services

Property management services diversify revenue and enhance customer relationships, providing a competitive edge and fostering long-term client engagement, which can lead to sustained business growth.

Negative Factors

High Debt Levels

High debt levels can strain financial resources and limit strategic flexibility, posing risks to long-term financial health and increasing vulnerability to economic downturns.

Negative Profitability

Ongoing negative profitability indicates challenges in cost management and market competitiveness, potentially hindering investment in growth initiatives and affecting long-term viability.

Inconsistent Cash Flow

Inconsistent cash flow management can impact the company's ability to fund operations and investments, leading to potential liquidity issues and limiting growth opportunities.

Chen Xing Development Holdings Limited Business Overview & Revenue Model

Company Description

Chen Xing Development Holdings Limited (2286) is a Hong Kong-based property development company that focuses on residential and commercial real estate projects. The company engages in the development, sale, and management of properties, primarily targeting the growing demand for housing and commercial spaces in urban areas. Chen Xing operates primarily in the Greater China region and aims to leverage its expertise in real estate to deliver high-quality developments that cater to the needs of its clients.

How the Company Makes Money

Chen Xing Development Holdings Limited generates revenue primarily through the sale of residential and commercial properties that it develops. The company typically acquires land for development, undertakes construction, and then sells the finished units to homebuyers and investors. In addition to property sales, the company may also earn income through leasing commercial properties, providing property management services, and engaging in joint ventures or partnerships with other real estate developers. Significant revenue is driven by market demand for new housing developments in urban centers, as well as the company's ability to manage its projects efficiently and effectively.

Chen Xing Development Holdings Limited Financial Statement Overview

Summary

Chen Xing Development Holdings Limited faces significant financial challenges. Despite some revenue growth, profitability remains elusive, and the company struggles with negative net margins. The balance sheet shows a concerning level of debt relative to equity, and cash flow generation is inconsistent. These factors collectively suggest a need for strategic financial restructuring to improve stability and profitability in the competitive real estate development industry.

Income Statement

The company's income statement reveals significant challenges with profitability and growth. The net profit margin currently stands at a concerning negative value, indicating ongoing losses. Revenue growth has been inconsistent, with a recent surge in 2024, but the overall trend is volatile. Margins have deteriorated significantly compared to previous years, indicating efficiency issues in cost management.

Balance Sheet

The balance sheet reflects a moderately leveraged position with a debt-to-equity ratio that signals caution. The equity ratio has decreased, highlighting a reliance on debt financing. Return on equity is negative, which is a concern for investors seeking returns. However, the company's assets remain substantial, providing some stability.

Cash Flow

Cash flow analysis shows a moderate level of operational efficiency with positive free cash flow in the recent period, signaling some improvement. However, the operating cash flow to net income ratio indicates that cash generation from operations is weak relative to reported earnings. The free cash flow has fluctuated significantly over the years, reflecting inconsistency in cash management.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	212.41M	1.20B	300.37M	1.20B	1.57B	1.21B
Gross Profit	-105.45M	118.07M	-42.11M	359.76M	457.64M	463.87M
EBITDA	-259.03M	-62.48M	-220.03M	80.91M	220.07M	357.41M
Net Income	-279.25M	-162.19M	-151.84M	10.44M	78.72M	206.74M
Balance Sheet
Total Assets	8.86B	8.85B	13.20B	12.69B	12.61B	12.68B
Cash, Cash Equivalents and Short-Term Investments	124.51M	107.65M	334.48M	799.64M	620.62M	534.10M
Total Debt	2.78B	2.73B	2.86B	3.45B	3.14B	2.74B
Total Liabilities	7.72B	7.62B	11.57B	10.93B	10.89B	11.07B
Stockholders Equity	977.30M	1.07B	1.39B	1.53B	1.52B	1.45B
Cash Flow
Free Cash Flow	63.70M	60.42M	152.93M	21.95M	-509.82M	-421.49M
Operating Cash Flow	65.82M	61.02M	156.77M	22.06M	-508.02M	-406.29M
Investing Cash Flow	17.70M	55.62M	-38.14M	39.47M	-1.79M	130.67M
Financing Cash Flow	-147.78M	-213.65M	-238.82M	28.58M	226.63M	-294.26M

Chen Xing Development Holdings Limited Technical Analysis

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

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For HK:2286, the sentiment is Positive. The current price of 0.19 is below the 20-day moving average (MA) of 0.22, below the 50-day MA of 0.20, and below the 200-day MA of 0.22, indicating a bullish trend. The MACD of 0.01 indicates Negative momentum. The RSI at 64.77 is Neutral, neither overbought nor oversold. The STOCH value of 90.00 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for HK:2286.

Chen Xing Development Holdings Limited Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
Sector *	65 Neutral	$2.17B	12.19	3.79%	4.94%	3.15%	1.96%
0262	57 Neutral	HK$149.62M	-2.29	-4.90%	―	-47.80%	11.98%
6999	49 Neutral	HK$120.15M	-0.05	―	―	-54.30%	-57.24%
2286	48 Neutral	HK$139.20M	-0.46	-24.92%	―	-81.10%	-114.54%
1232	38 Underperform	HK$72.86M	-0.13	―	―	-69.85%	55.83%

Chen Xing Development Holdings Limited Corporate Events

Chen Xing Development Clarifies Share Option Scheme Status

Chen Xing Development Holdings Limited announced a clarification regarding its interim report for the six months ending June 30, 2025. The company clarified that the number of options available for grant under its Share Option Scheme was 50 million as of January 1, 2024, and December 31, 2024, but dropped to zero by June 30, 2025, due to the scheme’s expiration. This announcement ensures stakeholders are informed of the current status of the Share Option Scheme, maintaining transparency in the company’s financial disclosures.