Jiu Rong Holdings Limited (2358) AI Stock Analysis

• Market Cap: HK$54.72M
• Dividend Yield: N/A
• Average Volume (3M): 391.33K
• Price to Earnings (P/E): ―
• Beta (1Y): 0.64
• Revenue Growth: 66.80%
• EPS Growth: 88.14%
• Country: HK
• Employees: 399
• Sector: Real Estate
• Sector Strength: 56
• Industry: Consumer Electronics
• EPS (TTM): >-0.01
• Shares Outstanding: 5,472,000,000
• 10 Day Avg. Volume: 413,000
• 30 Day Avg. Volume: 391,333
• PEG Ratio: <0.01
• Price to Book (P/B): 1.04
• Price to Sales (P/S): 0.00
• P/FCF Ratio: -24.90
• 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: 43 Neutral
• 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 Business Overview & Revenue Model

Company Description

Jiu 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 Money

Jiu 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

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

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

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.

Breakdown	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	786.94M	471.78M	837.90M	1.28B	722.21M
Gross Profit	74.10M	61.74M	85.83M	153.21M	125.98M
EBITDA	31.04M	-174.34M	27.47M	145.62M	153.91M
Net Income	-45.45M	-383.29M	-90.15M	16.29M	22.90M
Balance Sheet
Total Assets	2.09B	2.24B	2.96B	2.98B	2.66B
Cash, Cash Equivalents and Short-Term Investments	26.66M	21.35M	222.36M	272.87M	373.00M
Total Debt	882.72M	690.01M	819.78M	734.73M	664.47M
Total Liabilities	2.06B	2.15B	2.43B	2.32B	2.05B
Stockholders Equity	29.60M	82.94M	475.55M	599.93M	562.37M
Cash Flow
Free Cash Flow	-408.29M	-24.61M	-19.77M	-192.14M	-206.59M
Operating Cash Flow	-408.29M	-1.16M	35.67M	-2.17M	-111.62M
Investing Cash Flow	247.37M	77.19M	-167.75M	-266.58M	-69.95M
Financing Cash Flow	164.05M	-166.63M	130.71M	47.02M	381.36M

Jiu Rong Holdings Limited Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 0.01
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Negative
• RSI: Neutral
• STOCH: 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

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
1143	60 Neutral	HK$94.20M	12.17	1.60%	―	-4.52%	55.30%
Sector *	53 Neutral	$1.19B	3.42	0.13%	7.14%	-2.13%	-128.06%
8147	45 Neutral	HK$50.08M	22.95		―	9.61%	―
2358	43 Neutral	HK$54.72M	―		―	66.80%	88.14%
0328	32 Underperform	HK$45.82M	―		―	-8.62%	-151.60%

Jiu Rong Holdings Limited Corporate Events

Jiu Rong Holdings Extends Deadline for Subsidiary Disposal Agreement

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

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

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

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

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

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

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

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

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.