Hong Kong ChaoShang Group Ltd. (2322) AI Stock Analysis

• Market Cap: HK$1.71B
• Dividend Yield: N/A
• Average Volume (3M): 2.66M
• Price to Earnings (P/E): ―
• Beta (1Y): 0.22
• Revenue Growth: -37.67%
• EPS Growth: -460.38%
• Country: HK
• Employees: 59
• Sector: Industrials
• Sector Strength: 84
• Industry: Conglomerates
• EPS (TTM): >-0.01
• Shares Outstanding: 4,120,600,000
• 10 Day Avg. Volume: 4,756,000
• 30 Day Avg. Volume: 2,658,266
• PEG Ratio: 2.15
• Price to Book (P/B): 3.39
• Price to Sales (P/S): 0.00
• P/FCF Ratio: -28.38
• 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

• Rating: 44 Neutral
• Price Target: ―

Hong Kong ChaoShang Group Ltd. has a challenging financial position with negative profitability and operational inefficiencies. The technical analysis indicates a bearish market sentiment with oversold conditions. Valuation remains unattractive with a negative P/E ratio and no dividend yield. These factors combine to give the stock a low score, reflecting significant risks and hurdles the company needs to overcome to improve its market position.

Hong Kong ChaoShang Group Ltd. Business Overview & Revenue Model

Company Description

Hong Kong ChaoShang Group Limited, an investment holding company, engages in trading, money lending, factoring, and finance leasing businesses in the People's Republic of China and Hong Kong. It operates through Trading, Money Lending and Factoring, Finance Leasing, and Financial Services segments. The company trades in electronic products, seafood, frozen food, methanol, and mould; and provides factoring, entrusted loans, and finance leasing and sale-leaseback services. In addition, it provides consultancy, securities brokerage, underwriting, placing, margin financing, and asset management services. The company was formerly known as Noble Century Investment Holdings Limited and changed its name to Hong Kong ChaoShang Group Limited in August 2019. Hong Kong ChaoShang Group Limited was incorporated in 2002 is based in Wan Chai, Hong Kong.

How the Company Makes Money

Hong Kong ChaoShang Group Ltd. generates revenue through multiple streams, primarily from its trading and financial services sectors. The company's trading division earns income through the trade of valuable commodities, including metals and electronic components, capitalizing on market demands and price fluctuations. Additionally, its financial services segment contributes to revenue through fees and interest from money lending services, brokerage commissions, and financial advisory services. The company may also engage in strategic partnerships to enhance its service offerings and expand its revenue base, although specific partnerships are not detailed.

Hong Kong ChaoShang Group Ltd. Financial Statement Overview

Summary

Hong Kong ChaoShang Group Ltd. faces significant profitability issues, as evidenced by negative margins and consistent net losses. The balance sheet is relatively strong with low leverage, yet the negative ROE reflects operational inefficiencies. Cash flow has shown some improvement, but challenges remain in achieving positive free cash flow. The company needs to address its revenue and margin declines to enhance its financial stability.

Income Statement

The company has faced declining revenue with a negative growth rate from 2023 to 2024. The net profit margin is negative due to consistent net losses, and both EBIT and EBITDA margins are unfavorable. This indicates significant profitability challenges.

Balance Sheet

The equity ratio remains strong, indicating a solid capital base, and the debt-to-equity ratio is low, suggesting low leverage. However, the return on equity is negative due to net losses, which is a concern for overall financial health.

Cash Flow

Free cash flow has improved from 2023 to 2024, although it remains negative. The operating cash flow to net income ratio is positive, suggesting some efficiency in converting income to cash. However, the negative free cash flow to net income ratio highlights operational challenges.

Breakdown
TTM	Mar 2024	Mar 2023	Mar 2022	Mar 2021	Mar 2020
Income Statement		Total Revenue
92.60M	144.95M	198.92M	169.39M	337.85M	238.52M
	Gross Profit
20.41M	32.67M	32.87M	43.13M	91.43M	79.89M
	EBIT
-120.93M	-87.59M	-35.79M	-18.72M	-21.17M	29.48M
	EBITDA
-113.92M	-77.87M	-29.05M	-6.75M	-3.50M	847.00K
	Net Income Common Stockholders
-122.51M	-87.43M	-41.75M	-26.84M	-23.17M	-19.47M
Balance Sheet		Cash, Cash Equivalents and Short-Term Investments
111.19M	142.00M	147.75M	227.22M	263.63M	200.53M
	Total Assets
771.66M	767.56M	916.10M	1.02B	1.07B	1.04B
	Total Debt
5.42M	10.71M	20.88M	13.21M	11.06M	31.58M
	Net Debt
-92.74M	-118.34M	-117.61M	-203.81M	-235.73M	-151.85M
	Total Liabilities
58.19M	43.78M	83.01M	94.32M	143.77M	148.88M
	Stockholders Equity
713.48M	723.78M	845.92M	938.13M	936.90M	906.90M
Cash Flow		Free Cash Flow
1.65M	-590.00K	-57.36M	-36.22M	31.15M	59.09M
	Operating Cash Flow
2.67M	506.00K	-57.22M	-35.27M	34.25M	60.39M
	Investing Cash Flow
5.88M	6.41M	841.00K	-479.00K	-8.24M	-186.73M
	Financing Cash Flow
-7.01M	-12.44M	-10.24M	-20.32M	-14.90M	213.27M

Hong Kong ChaoShang Group Ltd. Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 0.42
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Positive
• RSI: Neutral
• STOCH: Positive

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For HK:2322, the sentiment is Negative. The current price of 0.42 is below the 20-day moving average (MA) of 0.44, below the 50-day MA of 0.45, and below the 200-day MA of 0.71, indicating a bearish trend. The MACD of >-0.01 indicates Positive momentum. The RSI at 43.79 is Neutral, neither overbought nor oversold. The STOCH value of 20.00 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for HK:2322.

Hong Kong ChaoShang Group Ltd. Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
Sector *	66 Neutral	$4.44B	12.06	5.34%	6.22%	4.17%	-11.81%
0132	57 Neutral	HK$445.21M	7.32	1.80%	1.62%	-2.73%	126.11%
2322	44 Neutral	HK$1.71B	―	-16.08%	―	-37.67%	-460.38%
0025	42 Neutral	HK$1.17B	―	-3.47%	8.21%	7.83%	-296.70%
0925	40 Underperform	HK$906.01M	―		―	―	―
ICHA		€49.29M	―		―	―	―
1468	36 Underperform	HK$366.46M	―	-78.81%	―	-63.62%	49.46%

Hong Kong ChaoShang Group Ltd. Corporate Events

Modern Innovative Digital Technology Announces Change in Share Registrar

Modern Innovative Digital Technology Company Limited has announced a change in its Hong Kong branch share registrar and transfer office to Tricor Investor Services Limited, effective from 2 June 2025. This transition is expected to streamline the process for shareholders regarding the registration and transfer of shares, potentially impacting the company’s operational efficiency and stakeholder engagement.

Modern Innovative Digital Technology Co. Relocates Hong Kong Office

Modern Innovative Digital Technology Company Limited has announced a change in its principal place of business in Hong Kong, effective from April 1, 2025. This strategic move to a new location in Wan Chai is expected to enhance its operational efficiency and strengthen its market presence in the region.

Leadership Transition at Modern Innovative Digital Technology

Modern Innovative Digital Technology Company Limited has announced the resignation of Mr. Chan Chi Yuen as Executive Director and CEO, effective February 10, 2025, to focus on other business endeavors. Subsequently, Mr. Lau Hoi Kit has been appointed as an Executive Director, bringing his extensive experience in business management and strategy formulation to the company. The leadership changes reflect the company’s ongoing strategic adjustments, with implications for its corporate governance and operational strategy.

Modern Innovative Digital Technology Co. Announces Board Composition

Modern Innovative Digital Technology Company Limited, listed on the Bermuda Stock Exchange under the stock code 2322, has announced the composition of its board of directors. The board consists of non-executive, executive, and independent non-executive members, with Ma Weihua serving as Chairman. The board has established three committees: Nomination, Audit, and Remuneration, with various directors appointed as members or chairpersons. This announcement provides clarity on the governance structure of the company, potentially impacting its strategic direction and stakeholder relationships.