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

• Market Cap: HK$473.00M
• Dividend Yield: N/A
• Average Volume (3M): 21.05M
• Price to Earnings (P/E): ―
• Beta (1Y): 0.35
• Revenue Growth: -26.45%
• EPS Growth: 33.00%
• Country: HK
• Employees: 59
• Sector: Industrials
• Sector Strength: 72
• Industry: Marine Shipping
• EPS (TTM): >-0.01
• Shares Outstanding: 4,420,600,000
• 10 Day Avg. Volume: 14,730,400
• 30 Day Avg. Volume: 21,045,600
• 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: Moderate Sell
• Number of Analyst Covering: 0
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 41 Neutral
• Price Target: HK$0.10 ▼(-9.09% Downside)

The overall stock score is primarily driven by the company's poor financial performance, characterized by significant losses and negative cash flows. Technical analysis indicates a bearish trend, further impacting the score. Valuation metrics are unfavorable, with a negative P/E ratio and no dividend yield, reducing the stock's appeal.

Positive Factors

Low Debt Levels

Minimal leverage provides financial flexibility and reduces risk, allowing the company to withstand economic downturns and invest in growth opportunities.

Stable Gross Profit Margin

A stable gross profit margin indicates effective cost management and pricing strategies, which can support long-term profitability as revenue stabilizes.

Diversified Revenue Streams

Diversified revenue streams from real estate and logistics reduce dependency on a single market, enhancing resilience against sector-specific downturns.

Negative Factors

Negative Cash Flow

Negative cash flow indicates operational inefficiencies and financial strain, potentially limiting the company's ability to invest in growth and meet obligations.

Declining Revenue

Declining revenue challenges the company's ability to maintain market position and profitability, necessitating strategic adjustments to reverse the trend.

Substantial Losses

Substantial losses reflect operational inefficiencies and financial instability, which can erode investor confidence and limit future growth potential.

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 real estate operations, which include leasing commercial and residential properties, as well as profits from property sales. The trading and logistics segment contributes to the company's earnings by providing integrated supply chain solutions, including warehousing, transportation, and distribution services. Additionally, the company may engage in joint ventures or partnerships with other firms to expand its market reach and enhance project financing, further strengthening its financial performance. The overall revenue model is supported by a combination of rental income, sales proceeds from property transactions, and fees from logistics and trading services.

Hong Kong ChaoShang Group Ltd. Financial Statement Overview

Summary

Hong Kong ChaoShang Group Ltd. is facing significant financial challenges, with declining revenues and substantial losses impacting profitability. While the company maintains a low level of debt, its negative cash flows and return on equity highlight operational and financial inefficiencies. The company needs to address these issues to improve its financial health and stability.

Income Statement

The company has experienced a significant decline in revenue over the past year, with a negative revenue growth rate of -20.4%. Gross profit margin is relatively stable at 27.8%, but net profit margin is deeply negative at -120.7%, indicating substantial losses. EBIT and EBITDA margins are also negative, reflecting operational inefficiencies.

Balance Sheet

The balance sheet shows a very low debt-to-equity ratio of 0.0027, indicating minimal leverage. However, the return on equity is negative at -13.9%, suggesting that the company is not generating returns for shareholders. The equity ratio is relatively healthy, indicating a strong equity base compared to total assets.

Cash Flow

The cash flow statement reveals a concerning trend with negative operating cash flow and free cash flow. The free cash flow growth rate is highly negative, and the operating cash flow to net income ratio is also negative, indicating cash flow challenges.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	73.71M	73.71M	144.95M	198.92M	169.39M	337.85M
Gross Profit	18.11M	20.51M	32.67M	32.87M	43.13M	91.43M
EBITDA	-71.51M	-73.18M	-77.87M	-29.05M	-6.75M	-15.74M
Net Income	-88.96M	-88.96M	-87.43M	-41.75M	-26.84M	-23.17M
Balance Sheet
Total Assets	677.41M	677.41M	767.56M	916.10M	1.02B	1.07B
Cash, Cash Equivalents and Short-Term Investments	82.82M	82.82M	142.00M	147.75M	227.22M	263.63M
Total Debt	1.73M	1.73M	10.71M	20.88M	13.21M	11.06M
Total Liabilities	37.77M	37.77M	43.78M	83.01M	94.32M	143.77M
Stockholders Equity	639.64M	639.64M	723.78M	845.92M	938.13M	936.90M
Cash Flow
Free Cash Flow	0.00	-61.73M	-590.00K	-57.36M	-36.22M	31.15M
Operating Cash Flow	0.00	-57.93M	506.00K	-57.22M	-35.27M	34.25M
Investing Cash Flow	0.00	-1.04M	6.41M	841.00K	-479.00K	-8.24M
Financing Cash Flow	0.00	-10.73M	-12.44M	-10.24M	-20.32M	-14.90M

Hong Kong ChaoShang Group Ltd. Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 0.11
• 50DMA: Negative
• 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 Negative. The current price of 0.11 is above the 20-day moving average (MA) of 0.11, below the 50-day MA of 0.11, and below the 200-day MA of 0.32, indicating a bearish trend. The MACD of >-0.01 indicates Negative momentum. The RSI at 44.25 is Neutral, neither overbought nor oversold. The STOCH value of 43.06 is Neutral, 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 *	63 Neutral	$10.79B	15.43	7.44%	2.01%	2.89%	-14.66%
0132	47 Neutral	HK$405.82M	158.00	-4.32%	2.45%	-1.50%	-96.83%
0025	46 Neutral	HK$1.28B	-3.97	-3.32%	3.80%	10.38%	7.39%
1468	45 Neutral	HK$224.05M	-0.92	-18.50%	―	-19.10%	83.61%
0202	42 Neutral	HK$1.01B	268.00	0.60%	―	―	―
2322	41 Neutral	HK$473.00M	-5.23	-12.32%	―	-26.45%	33.00%
0925	40 Underperform	―	―	―	―	―	―

Hong Kong ChaoShang Group Ltd. Corporate Events

Modern Innovative Digital Technology Company Announces Share Placement to Support Subsidiary

Modern Innovative Digital Technology Company Limited has announced a supplemental update regarding the placement of up to 300 million new shares, aiming to raise approximately HK$29.3 million in net proceeds. The primary use of these funds will be to bolster the financial resources of its subsidiary, ChaoShang Securities Limited, ensuring compliance with the Securities and Futures Commission’s requirements. This move addresses the need for adequate financial backing to cover operating expenses for at least six months, highlighting the company’s proactive approach to financial stability and regulatory adherence.

Modern Innovative Digital Technology Reports Decline in Revenue for Interim 2025

Modern Innovative Digital Technology Company Limited, listed on the Hong Kong Stock Exchange, has released its unaudited interim results for the six months ending September 30, 2025. The company reported a decline in revenue from HK$35,644,000 in 2024 to HK$30,040,000 in 2025, alongside a decrease in gross profit. Despite facing impairment losses on various receivables, the company managed to achieve gains from changes in the fair value and disposal of held-for-trading investments. Administrative expenses also saw a reduction compared to the previous year.

Hong Kong ChaoShang Group Ltd. Announces Share Placement to Raise HK$29.3 Million

Hong Kong ChaoShang Group Ltd. announced a share placement agreement to issue up to 300,000,000 new shares at HK$0.1 each, representing a discount to recent trading prices. The placement aims to raise approximately HK$29.3 million net, intended for general working capital. The transaction, contingent on certain conditions, could impact the company’s capital structure by increasing the share capital by approximately 6.79%.

Modern Innovative Digital Technology Schedules Board Meeting for Interim Results

Modern Innovative Digital Technology Company Limited has announced a board meeting scheduled for November 28, 2025. The meeting will address the approval of the unaudited interim results for the six months ending September 30, 2025, and discuss the potential payment of an interim dividend. This announcement indicates the company’s ongoing commitment to transparency and shareholder engagement, with potential implications for its financial performance and investor relations.

Modern Innovative Digital Technology Secures Unanimous Shareholder Support at AGM

Modern Innovative Digital Technology Company Limited, a company incorporated in Bermuda, held its Annual General Meeting on September 29, 2025, where all proposed resolutions were unanimously approved by shareholders. The resolutions included the re-election of directors, re-appointment of auditors, and granting of mandates to the board for share repurchase and issuance, reflecting strong shareholder support and stability in the company’s governance.

Modern Innovative Digital Technology Co. Announces AGM Contingency Plans Amid Typhoon Threat

Modern Innovative Digital Technology Company Limited has announced contingency plans for its Annual General Meeting (AGM) scheduled for 23 September 2025 due to the approach of a super typhoon in Hong Kong. If severe weather conditions persist, the AGM will be postponed to 29 September 2025, with all resolutions and proxy forms remaining valid for the rescheduled date. Shareholders are advised to consider their safety when deciding to attend the meeting under adverse weather conditions.