New Provenance Everlasting Holdings Limited (2326) AI Stock Analysis

• Market Cap: HK$210.84M
• Dividend Yield: N/A
• Average Volume (3M): 8.47M
• Price to Earnings (P/E): ―
• Beta (1Y): 0.57
• Revenue Growth: -45.59%
• EPS Growth: -46.67%
• Country: HK
• Employees: 135
• Sector: Basic Materials
• Sector Strength: 58
• Industry: Industrial Materials
• EPS (TTM): >-0.01
• Shares Outstanding: 21,084,072,000
• 10 Day Avg. Volume: 7,864,000
• 30 Day Avg. Volume: 8,467,000
• PEG Ratio: -0.10
• Price to Book (P/B): 0.55
• Price to Sales (P/S): 0.45
• P/FCF Ratio: -59.53
• 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: 43 Neutral
• Price Target: ―

New Provenance Everlasting Holdings Limited is facing significant financial performance challenges, with declining revenues and negative profit margins. The company's balance sheet is stable, but the inability to generate profits from its equity base and inconsistent cash flows are concerns. Technical analysis shows a lack of momentum, and poor valuation metrics further weigh down the stock's attractiveness.

New Provenance Everlasting Holdings Limited Business Overview & Revenue Model

Company Description

New Provenance Everlasting Holdings Limited (2326) is a diversified holding company engaged in various sectors, including financial services, trading, and investments. The company focuses on leveraging its expertise in these areas to create value for its stakeholders through strategic investments and partnerships.

How the Company Makes Money

New Provenance Everlasting Holdings Limited generates revenue primarily through its financial services and trading operations. The company earns income from its investment activities, which include equity investments, bonds, and other financial instruments. Additionally, it engages in trading activities that involve the buying and selling of goods and services, contributing to its revenue streams. The company's strategic partnerships and investments in diverse industries also play a significant role in enhancing its earnings and expanding its market presence.

New Provenance Everlasting Holdings Limited Financial Statement Overview

Summary

Overall, New Provenance Everlasting Holdings Limited faces significant challenges in revenue generation and profitability, as evidenced by declining revenues and negative profit margins. The balance sheet remains strong with low leverage, but the company struggles to convert equity into profit. Cash flows are inconsistent, reflecting operational instability and potential liquidity concerns.

Income Statement

The company's income statement shows a declining revenue trend, with significant drops in total revenue from 2023 to 2024. Gross profit margins are narrow, and net profit margins have turned negative in recent years, indicating profitability challenges. EBIT and EBITDA margins are also negative, reflecting operational inefficiencies.

Balance Sheet

The balance sheet is relatively stable with a strong equity base, as evidenced by a high equity ratio. The debt-to-equity ratio is low, indicating conservative leverage. However, the return on equity is negative, reflecting the company's struggle to generate profits from its equity base.

Cash Flow

Cash flow analysis reveals weak cash generation, with negative free cash flow in the latest year. The operating cash flow to net income and free cash flow to net income ratios are volatile, indicating inconsistency in translating profits into cash flow.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	428.38M	470.31M	864.30M	1.89B	262.23M	601.95M
Gross Profit	-8.73M	-4.03M	12.03M	19.11M	10.91M	11.07M
EBITDA	-44.99M	-35.33M	-20.26M	12.34M	5.60M	3.63M
Net Income	-49.03M	-45.88M	-30.78M	1.84M	-5.45M	-18.30M
Balance Sheet
Total Assets	479.79M	508.35M	560.36M	1.81B	625.02M	977.77M
Cash, Cash Equivalents and Short-Term Investments	6.06M	3.13M	6.50M	7.53M	9.02M	7.52M
Total Debt	4.48M	0.00	4.18M	6.49M	16.67M	21.84M
Total Liabilities	59.91M	132.70M	133.97M	1.32B	103.00M	472.43M
Stockholders Equity	429.24M	385.07M	435.63M	493.21M	531.08M	514.17M
Cash Flow
Free Cash Flow	9.87M	-3.54M	-708.00K	8.16M	8.45M	-148.53M
Operating Cash Flow	11.86M	6.91M	1.27M	11.17M	12.55M	-147.31M
Investing Cash Flow	-12.32M	-10.41M	-1.96M	-3.01M	-4.09M	155.47M
Financing Cash Flow	0.00	0.00	0.00	-9.56M	-6.88M	-6.96M

New Provenance Everlasting Holdings Limited 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%
2623	55 Neutral	HK$1.09B	13.13	14.56%	―	-70.82%	5182.22%
6128	49 Neutral	HK$272.98M	-1.34	-23.14%	―	-27.07%	47.86%
1370	45 Neutral	HK$403.93M	-1.19	-41.19%	―	-6.51%	41.00%
2326	43 Neutral	HK$210.84M	-4.55	-11.18%	―	-45.59%	-46.67%
1380	39 Underperform	HK$56.39M	―	―	―	-52.58%	27.72%
8028	33 Underperform	€151.78M	-8.55	-25.89%	―	129.26%	39.06%