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Jiu Rong Holdings Limited (HK:2358)
:2358

Jiu Rong Holdings Limited (2358) AI Stock Analysis

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HK

Jiu Rong Holdings Limited

(Berlin:2358)

Rating:43Neutral
Price Target:
Jiu Rong Holdings Limited has a low overall stock score due to significant financial challenges, including declining revenues and high leverage. The technical analysis also indicates a bearish trend, and valuation metrics are unfavorable due to the company's persistent losses. These factors collectively contribute to a cautious outlook for the stock.

Jiu Rong Holdings Limited (2358) vs. iShares MSCI Hong Kong ETF (EWH)

Jiu Rong Holdings Limited Business Overview & Revenue Model

Company DescriptionJiu Rong Holdings Limited (2358) is a diversified investment holding company based in Hong Kong. The company operates in various sectors, including the automotive industry, property development, and technology services. Its core products and services include electric vehicle manufacturing, property development projects, and technology solutions, aiming to leverage opportunities across these growing industries.
How the Company Makes MoneyJiu Rong Holdings Limited generates revenue through its diverse portfolio of businesses. In the automotive sector, the company makes money by manufacturing and selling electric vehicles, tapping into the increasing demand for sustainable transportation solutions. Its property development arm contributes to revenue by undertaking real estate projects, including residential and commercial properties, which are either sold or leased. Additionally, the technology services division provides IT solutions and services, adding another stream of income. Key revenue streams are augmented through strategic partnerships and collaborations within these sectors, enhancing market reach and operational efficiency.

Jiu Rong Holdings Limited Financial Statement Overview

Summary
Jiu Rong Holdings Limited faces significant financial challenges, including declining revenue, persistent losses, and increased leverage. The company has operational inefficiencies and high debt levels, which raise concerns about financial stability and sustainability. Although there is a slight revenue recovery in 2024, overall financial health remains precarious.
Income Statement
45
Neutral
The income statement reveals a challenging financial trajectory, with revenue declining over the years from 2021 to 2023 and showing a slight recovery in 2024. The gross profit margin decreased from 2020 to 2024, indicating lower efficiency in managing production costs. The company has consistently recorded net losses since 2020, with a significantly negative net profit margin and EBIT margin, reflecting an inability to cover operating expenses and finance costs. The revenue growth rate from 2023 to 2024 was positive, suggesting a potential turnaround, but historical performance shows volatility and declining trends.
Balance Sheet
40
Negative
The balance sheet reflects a heavily leveraged position with a debt-to-equity ratio rising from 2020 to 2024, indicating increased financial risk. Equity has decreased significantly over the years, while liabilities have grown, reducing the equity ratio. Return on equity has been negative since 2020, which suggests shareholder returns are being eroded. The company’s financial stability is under pressure due to high leverage and decreasing equity.
Cash Flow
38
Negative
The cash flow statements indicate persistent issues with generating positive cash flow. Operating cash flow has been negative in recent years, leading to a negative free cash flow. The negative free cash flow to net income ratio highlights cash flow management challenges. While investing cash flow was positive in 2024 due to asset sales or similar activities, it is not sustainable for long-term growth. The company’s ability to generate cash internally is a critical concern.
BreakdownDec 2024Dec 2023Dec 2022Dec 2021Dec 2020
Income Statement
Total Revenue786.94M471.78M837.90M1.28B722.21M
Gross Profit74.10M61.74M85.83M153.21M125.98M
EBITDA31.04M-174.34M27.47M145.62M153.91M
Net Income-45.45M-383.29M-90.15M16.29M22.90M
Balance Sheet
Total Assets2.09B2.24B2.96B2.98B2.66B
Cash, Cash Equivalents and Short-Term Investments26.66M21.35M222.36M272.87M373.00M
Total Debt882.72M690.01M819.78M734.73M664.47M
Total Liabilities2.06B2.15B2.43B2.32B2.05B
Stockholders Equity29.60M82.94M475.55M599.93M562.37M
Cash Flow
Free Cash Flow-408.29M-24.61M-19.77M-192.14M-206.59M
Operating Cash Flow-408.29M-1.16M35.67M-2.17M-111.62M
Investing Cash Flow247.37M77.19M-167.75M-266.58M-69.95M
Financing Cash Flow164.05M-166.63M130.71M47.02M381.36M

Jiu Rong Holdings Limited Technical Analysis

Technical Analysis Sentiment
Negative
Last Price0.01
Price Trends
50DMA
0.01
Negative
100DMA
0.01
Negative
200DMA
0.01
Negative
Market Momentum
MACD
>-0.01
Negative
RSI
44.31
Neutral
STOCH
>-0.01
Positive
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For HK:2358, the sentiment is Negative. The current price of 0.01 is above the 20-day moving average (MA) of <0.01, below the 50-day MA of 0.01, and below the 200-day MA of 0.01, indicating a neutral trend. The MACD of >-0.01 indicates Negative momentum. The RSI at 44.31 is Neutral, neither overbought nor oversold. The STOCH value of >-0.01 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for HK:2358.

Jiu Rong Holdings Limited Peers Comparison

Overall Rating
UnderperformOutperform
Sector (53)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
60
Neutral
HK$94.20M12.171.60%-4.52%55.30%
53
Neutral
$1.19B3.420.13%7.14%-2.13%-128.06%
45
Neutral
HK$50.08M22.95
9.61%
43
Neutral
HK$54.72M
66.80%88.14%
32
Underperform
HK$45.82M
-8.62%-151.60%
* Real Estate Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
HK:2358
Jiu Rong Holdings Limited
0.01
-0.01
-52.38%
HK:8147
Millennium Pacific Group Holdings Ltd
0.28
-0.05
-15.15%
HK:1143
Link-Asia International Medtech Group Ltd.
0.41
-1.92
-82.40%
HK:0328
Alco Holdings
0.40
-4.00
-90.91%

Jiu Rong Holdings Limited Corporate Events

Jiu Rong Holdings Extends Deadline for Subsidiary Disposal Agreement
Jul 2, 2025

Jiu Rong Holdings Limited, a company incorporated in the Cayman Islands, has announced an extension of the deadline for entering into a sale and purchase agreement concerning the potential disposal of a subsidiary. This extension, agreed upon by both the buyer and seller, moves the deadline to December 31, 2025, allowing more time to finalize transaction details. The company believes this extension is in the best interest of its shareholders as it could enable the reallocation of resources and reduction of the group’s gearing, potentially leading to a very substantial disposal under Chapter 14 of the Listing Rules.

Jiu Rong Holdings Limited Forms Nomination Committee to Strengthen Board Governance
Jun 23, 2025

Jiu Rong Holdings Limited has established a Nomination Committee to enhance the governance and transparency of its board appointments. The committee, consisting of at least three members with a majority being independent non-executive directors, is tasked with reviewing the board’s structure and diversity, assessing the independence of directors, and making recommendations on appointments and succession planning. This move aims to align the company’s board composition with its corporate strategy and ensure effective leadership.

Jiu Rong Holdings Approves Major Share Disposal Mandate
Jun 13, 2025

Jiu Rong Holdings Limited, incorporated in the Cayman Islands, held an Extraordinary General Meeting (EGM) where shareholders approved a major transaction mandate for the disposal of listed securities. The company plans to sell up to 92,430,000 shares of Sundy Service Group Co. Ltd. on the open market within a 12-month period, subject to certain conditions including minimum selling price and market capitalization limits. This decision could potentially impact the company’s financial strategy and market positioning.

Jiu Rong Holdings Approves Major Share Disposal Transaction
Jun 13, 2025

Jiu Rong Holdings Limited announced the successful approval of a major transaction at their Extraordinary General Meeting held on June 13, 2025. The resolution involved the disposal of approximately 5.22% of the total issued share capital in Hangzhou East Software Park Co., Ltd. for RMB36,487,800 to Hangzhou Yihe Network Co., Ltd. This transaction is expected to impact the company’s financials and strategic positioning within the industry.

Jiu Rong Holdings Plans Strategic Shift with Potential Disposal of Charging Stations
May 27, 2025

Jiu Rong Holdings Limited has announced a potential disposal of its new energy bus charging stations in Hangzhou, China, as part of a strategic shift from capital-intensive physical assets to an asset-light model. This move aims to optimize working capital and improve financial resources, allowing the company to focus on existing or new business ventures and reduce its financial gearing.

Jiu Rong Holdings to Discuss Strategic Share Disposal at Upcoming EGM
May 25, 2025

Jiu Rong Holdings Limited has announced an extraordinary general meeting scheduled for June 13, 2025, to approve the disposal of approximately 5.22% of its shareholding in Hangzhou East Software Park Co., Ltd. The transaction, valued at RMB36,487,800, involves Jiu Rong’s subsidiary, Jiu Rong New Energy Science and Technology Limited, and Hangzhou Yihe Network Co., Ltd. This move is part of the company’s strategic decision to optimize its investment portfolio, potentially impacting its financial positioning and stakeholder interests.

Jiu Rong Holdings to Discuss Major Share Disposal in Upcoming EGM
May 25, 2025

Jiu Rong Holdings Limited has announced an extraordinary general meeting to discuss the disposal of up to 92,430,000 shares in Sundy Service Group Co. Ltd., a company listed on the Hong Kong Stock Exchange. The resolution seeks approval for these disposals under specific conditions, including price constraints and limits on the total proceeds relative to the company’s market capitalization. This move could potentially impact Jiu Rong Holdings’ financial strategy and market positioning, providing the company with greater flexibility in managing its investment portfolio.

Jiu Rong Holdings Announces Further Delay in Circular Dispatch
Apr 25, 2025

Jiu Rong Holdings Limited has announced a further delay in the dispatch of circulars related to major transactions, including the disposal of sale shares and a mandate for the disposal of listed securities. The company cites the need for additional time to prepare and finalize necessary information, with the new expected dispatch date set on or before May 26, 2025. This delay may impact stakeholders’ expectations and the company’s operational timelines.

Jiu Rong Holdings Limited Announces Further Delay in Circular Dispatch
Apr 11, 2025

Jiu Rong Holdings Limited has announced a further delay in the dispatch of circulars related to significant transactions, including the disposal of sale shares and a mandate for the disposal of listed securities. The company cites the need for additional time to prepare and finalize necessary information as the reason for postponing the dispatch date to on or before April 25, 2025. This delay may impact the company’s operations and stakeholders as it involves major transactions and compliance with listing rules.

Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

Disclaimer

This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.Date of analysis: May 05, 2025