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

• Market Cap: HK$1.71B
• Dividend Yield: N/A
• Average Volume (3M): 2.48M
• Price to Earnings (P/E): ―
• Beta (1Y): 0.08
• Revenue Growth: -49.15%
• EPS Growth: -1.89%
• 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: 3,710,450
• 30 Day Avg. Volume: 2,483,916
• PEG Ratio: -12.27
• Price to Book (P/B): 3.22
• Price to Sales (P/S): 27.95
• P/FCF Ratio: -33.37
• 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: 45 Neutral
• Price Target: HK$0.50 ▲(19.05% Upside)

The overall stock score is primarily impacted by the company's poor financial performance, characterized by declining revenues and significant losses. Technical analysis suggests short-term stability but long-term bearish trends. Valuation is weak due to a negative P/E ratio and lack of dividend yield.

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 the sale of its food and beverage products to retailers and wholesalers. The company adopts a wholesale distribution model, which allows it to reach a wide network of customers. In addition to its core product offerings, the company may also benefit from partnerships with local and international distributors, enhancing its market reach and sales volume. Seasonal promotions and marketing campaigns further contribute to revenue generation, attracting consumer interest and increasing sales during peak periods. Additionally, the company may explore collaborations and joint ventures to expand its product lines and enter new markets, thereby diversifying its revenue sources.

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	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	92.60M	73.71M	144.95M	198.92M	169.39M	337.85M
Gross Profit	20.41M	20.51M	32.67M	32.87M	43.13M	91.43M
EBITDA	-113.92M	-73.18M	-77.87M	-29.05M	-6.75M	-3.50M
Net Income	-122.51M	-88.96M	-87.43M	-41.75M	-26.84M	-23.17M
Balance Sheet
Total Assets	771.66M	677.41M	767.56M	916.10M	1.02B	1.07B
Cash, Cash Equivalents and Short-Term Investments	111.19M	82.82M	142.00M	147.75M	227.22M	263.63M
Total Debt	5.42M	1.73M	10.71M	20.88M	13.21M	11.06M
Total Liabilities	58.19M	37.77M	43.78M	83.01M	94.32M	143.77M
Stockholders Equity	713.48M	639.64M	723.78M	845.92M	938.13M	936.90M
Cash Flow
Free Cash Flow	1.65M	-61.73M	-590.00K	-57.36M	-36.22M	31.15M
Operating Cash Flow	2.67M	-57.93M	506.00K	-57.22M	-35.27M	34.25M
Investing Cash Flow	5.88M	-1.04M	6.41M	841.00K	-479.00K	-8.24M
Financing Cash Flow	-7.01M	-10.73M	-12.44M	-10.24M	-20.32M	-14.90M

Hong Kong ChaoShang Group Ltd. Technical Analysis

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

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For HK:2322, the sentiment is Positive. The current price of 0.42 is above the 20-day moving average (MA) of 0.41, above the 50-day MA of 0.42, and below the 200-day MA of 0.63, indicating a neutral trend. The MACD of <0.01 indicates Negative momentum. The RSI at 52.61 is Neutral, neither overbought nor oversold. The STOCH value of 45.45 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive 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
0132	59 Neutral	HK$445.21M	38.24	1.80%	2.23%	-2.73%	126.11%
Sector *	59 Neutral	AU$1.62B	9.94	2.84%	3.53%	9.79%	5.94%
2322	45 Neutral	HK$1.71B	―	-13.05%	―	-49.15%	-1.89%
1468	45 Neutral	HK$434.20M	―	-17.78%	―	-30.92%	85.46%
0025	42 Neutral	HK$1.20B	―	-4.99%	5.53%	7.83%	-296.70%
0925	40 Underperform	HK$912.98M	―		―	―	―
ICHA	―	€44.78M	―		―	―	―

Hong Kong ChaoShang Group Ltd. Corporate Events

Modern Innovative Digital Technology Reports Decline in 2025 Financial Results

Modern Innovative Digital Technology Company Limited reported its audited consolidated results for the year ending March 31, 2025, revealing a significant decline in revenue from HK$144,950,000 in 2024 to HK$73,706,000 in 2025. The company faced substantial impairment losses across various receivables and assets, leading to an operating loss of HK$83,536,000, slightly improved from the previous year’s loss of HK$87,588,000. Despite efforts to manage costs, the overall financial performance indicates challenges in maintaining profitability, impacting its market position and stakeholder confidence.

Modern Innovative Digital Technology Announces Board Meeting for Year-End Results

Modern Innovative Digital Technology Company Limited has announced an upcoming board meeting scheduled for June 26, 2025. The meeting will address the approval of the company’s final results for the fiscal year ending March 31, 2025, and consider the recommendation of a final dividend, which could impact shareholder returns.