Coolpad Group (2369) AI Stock Analysis

• Market Cap: HK$502.20M
• Dividend Yield: N/A
• Average Volume (3M): 2.16M
• Price to Earnings (P/E): ―
• Beta (1Y): 0.56
• Revenue Growth: 8.62%
• EPS Growth: -24.87%
• Country: HK
• Employees: 225
• Sector: Technology
• Sector Strength: 88
• Industry: Consumer Electronics
• EPS (TTM): -0.20
• Shares Outstanding: 383,358,200
• 10 Day Avg. Volume: 2,463,196
• 30 Day Avg. Volume: 2,162,537
• PEG Ratio: 0.00
• Price to Book (P/B): 21.84
• Price to Sales (P/S): 78.73
• P/FCF Ratio: -72.91
• 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: Hold
• Number of Analyst Covering: 0
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 41 Neutral
• Price Target: HK$1.00 ▼(-13.04% Downside)

Coolpad Group's overall stock score is primarily impacted by its poor financial performance, characterized by declining revenue, negative profitability, and liquidity concerns. Technical analysis provides a slightly more optimistic view, but the negative valuation metrics further weigh down the score.

Positive Factors

Revenue Growth

The recent uptick in revenue growth indicates potential recovery or expansion in market reach, which could strengthen the company's position if sustained.

Strategic Partnerships

Partnerships with telecom operators enhance market reach and sales volume, providing a stable revenue stream and competitive advantage.

Cash and Short-term Investments

Having a moderate level of cash and short-term investments provides a liquidity cushion, aiding in operational flexibility and risk management.

Negative Factors

Declining Profitability

Persistent negative profitability margins highlight operational inefficiencies, which can hinder long-term growth and financial stability.

Rising Leverage

Increased leverage can strain financial resources, limiting the company's ability to invest in growth opportunities and manage economic downturns.

Negative Cash Flow

Negative cash flow indicates challenges in cash management, potentially affecting the company's ability to fund operations and invest in future growth.

Coolpad Group Business Overview & Revenue Model

Company Description

Coolpad Group Limited, an investment holding company, operates as a wireless solution and equipment provider in Mainland China and internationally. It operates through two segments: Mobile Phone and Property Investment. The Mobile Phone segment engages in the research, development, production, and sale of mobile phones and related accessories; and provision of wireless application services. The Property Investment segment invests in properties. It also offers product design and software development for mobile handsets; mobile phone maintenance services; and property management services. The company was formerly known as China Wireless Technologies Limited and changed its name to Coolpad Group Limited in January 2014. Coolpad Group Limited was founded in 1993 and is headquartered in Shenzhen, China.

How the Company Makes Money

Coolpad generates revenue primarily through the sale of its mobile devices, including smartphones and tablets, which are marketed under the Coolpad brand. The company benefits from various revenue streams, including direct sales to consumers, partnerships with telecommunications carriers, and distribution agreements with third-party retailers. Additionally, Coolpad earns income from software services and applications that enhance the user experience of its devices. Strategic partnerships with telecom operators for bundled service offerings and promotional sales also significantly contribute to its earnings, allowing the company to expand its market reach and improve its sales volume.

Coolpad Group Financial Statement Overview

Summary

Coolpad Group faces significant financial challenges. The income statement shows declining revenue with negative profit margins. The balance sheet indicates rising leverage and negative return on equity. Cash flow is negative, with reliance on external financing. These factors highlight operational inefficiencies and liquidity risks.

Income Statement

The company's income statement reveals significant challenges. Revenue has seen a decline over several years, with a recent uptick in 2024. However, profitability remains a major concern, with negative net and gross profit margins. The EBIT and EBITDA margins are also negative, indicating ongoing operational inefficiencies. Revenue growth from 2023 to 2024 is positive, but sustainability is uncertain given historical trends.

Balance Sheet

The balance sheet presents a mixed picture. The debt-to-equity ratio has increased, highlighting rising leverage concerns. Stockholders' equity has decreased, affecting the equity ratio. The return on equity is negative, a reflection of ongoing net losses. Despite these challenges, the company maintains a moderate level of cash and short-term investments, providing some liquidity cushion.

Cash Flow

Cash flow analysis indicates persistent issues with cash management. Operating cash flow is negative, and free cash flow remains deeply in the red, albeit with some improvement in 2024. The free cash flow to net income ratio is unfavorable, suggesting that the company struggles to convert revenue into cash. Financing activities have been a source of cash, but reliance on external financing is a potential risk.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	421.64M	499.33M	307.36M	207.63M	665.38M	811.76M
Gross Profit	45.86M	72.32M	107.42M	-144.35M	32.55M	120.41M
EBITDA	-188.62M	-173.16M	-200.14M	-579.48M	-446.66M	-171.00M
Net Income	-242.24M	-252.16M	-220.93M	-625.45M	-572.38M	-338.26M
Balance Sheet
Total Assets	4.41B	4.42B	4.44B	4.27B	5.13B	4.32B
Cash, Cash Equivalents and Short-Term Investments	278.67M	192.02M	155.80M	248.50M	814.81M	208.77M
Total Debt	1.23B	1.20B	548.11M	192.46M	418.21M	699.18M
Total Liabilities	2.64B	2.62B	2.34B	2.04B	2.58B	3.00B
Stockholders Equity	1.77B	1.80B	2.09B	2.24B	2.54B	1.32B
Cash Flow
Free Cash Flow	-126.65M	-539.18M	-740.66M	-612.77M	-765.96M	-502.73M
Operating Cash Flow	104.55M	-134.09M	-51.48M	-193.96M	-512.72M	-303.99M
Investing Cash Flow	-205.58M	-509.04M	-550.56M	-502.64M	-215.74M	-22.13M
Financing Cash Flow	67.52M	646.76M	432.01M	136.56M	1.31B	232.60M

Coolpad Group Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 1.15
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For HK:2369, the sentiment is Positive. The current price of 1.15 is below the 20-day moving average (MA) of 1.27, below the 50-day MA of 1.18, and above the 200-day MA of 1.06, indicating a bullish trend. The MACD of 0.05 indicates Negative momentum. The RSI at 61.62 is Neutral, neither overbought nor oversold. The STOCH value of 65.15 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for HK:2369.

Coolpad Group Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
1810	71 Outperform	HK$1.06T	22.03	19.56%	―	35.67%	122.22%
1070	66 Neutral	HK$27.71B	12.33	13.06%	2.89%	21.26%	94.52%
Sector *	61 Neutral	$37.18B	12.37	-10.20%	1.83%	8.50%	-7.62%
1401	54 Neutral	HK$855.00M	39.58	4.74%	―	-0.54%	-46.27%
0751	53 Neutral	HK$7.33B	26.50	1.76%	―	6.10%	-70.77%
6133	46 Neutral	HK$150.45M	-6.86	-4.14%	―	3.70%	5.90%
2369	41 Neutral	HK$502.20M	-1.94	-13.04%	―	8.62%	-24.87%

Coolpad Group Corporate Events

Coolpad Group Relocates Hong Kong Office to Enhance Regional Presence

Coolpad Group Limited has announced a change in its principal place of business in Hong Kong, effective from November 30, 2025. This strategic move to a new location at Central Plaza, Wanchai, is part of the company’s ongoing efforts to optimize its operations and strengthen its presence in the region.

Coolpad Group Secures Share Repurchase Mandate at EGM

Coolpad Group Limited held an extraordinary general meeting on November 27, 2025, where a resolution to refresh the general mandate to repurchase shares was passed with overwhelming support. This decision allows the company to repurchase its shares, potentially impacting its stock liquidity and market valuation, while reflecting shareholder confidence in the company’s strategic direction.

Coolpad Group Announces Share Repurchase Plan at Upcoming EGM

Coolpad Group Limited has announced an extraordinary general meeting scheduled for November 27, 2025, to discuss and potentially approve a resolution allowing the company to repurchase up to 10% of its shares. This move could impact the company’s stock liquidity and shareholder value, reflecting a strategic decision to manage its equity structure and potentially enhance shareholder returns.

Coolpad Group to Enhance Shareholder Value with New Share Repurchase Plan

Coolpad Group Limited has announced its intention to conduct further on-market share repurchases and potentially refresh its general mandate to repurchase shares. This move is aimed at promoting sustainable operations, safeguarding long-term investor interests, and maximizing shareholder value. The company plans to convene an extraordinary general meeting to seek shareholder approval for the refreshment and variation of the existing repurchase mandate. The Board and management express confidence in the company’s long-term business prospects and believe the share repurchase plan is in the best interest of the company and its shareholders.

Coolpad Group Completes Major Disposal of CLSK Shares

Coolpad Group Limited announced the completion of a major transaction involving the disposal of 1,205,500 CLSK shares, generating approximately US$20.95 million. This transaction, part of a broader disposal mandate, required shareholder approval and compliance with Hong Kong Stock Exchange listing rules due to its significant size. The disposal marks the company’s exit from its investment in CLSK, a US-based bitcoin mining company, and reflects Coolpad’s strategic financial management decisions.

Coolpad Group Proceeds with CLSK Share Disposal

Coolpad Group Limited announced the disposal of 114,500 CLSK shares on the open market, generating approximately US$1.98 million. This transaction is part of a broader disposal mandate approved by shareholders, allowing the company to sell up to 1,625,000 CLSK shares. The disposals represent a strategic move to manage the company’s investment portfolio, with the shares sold at market prices. The company remains unaware of the identities of the buyers, who are independent third parties. This disposal accounts for a small fraction of CLSK’s total outstanding shares, and Coolpad continues to hold a significant number of shares post-transaction.

Coolpad Group Executes Strategic Disposal of CLSK Shares

Coolpad Group Limited, through its wholly-owned subsidiary Digital Tech, has executed a discloseable transaction by selling 305,000 shares of CLSK, a bitcoin mining company, on the open market. The sale, which generated approximately US$4.95 million, represents a strategic move under the company’s Disposal Mandate, allowing for the sale of up to 1,625,000 CLSK shares, and reflects the company’s ongoing efforts to manage its investment portfolio.

Coolpad Group Secures Shareholder Approval for Securities Disposal Mandate

Coolpad Group Limited announced that during its extraordinary general meeting held on 26 September 2025, a resolution was passed to approve the mandate for the disposal of listed securities for a period of three months. The resolution was unanimously supported, with 100% of the votes in favor, indicating strong shareholder backing for the company’s strategic financial decisions.

Coolpad Group Announces Effective Date for Capital Reorganisation

Coolpad Group Limited, a company incorporated in the Cayman Islands, has announced the effective date for its capital reduction and share sub-division. The necessary legal and procedural requirements have been fulfilled, and the changes will take effect on 24 September 2025. Shareholders can exchange their existing share certificates for new ones at no cost during a specified period, although old certificates will remain valid as proof of ownership but not for trading purposes.

Coolpad Group Grants Share Options to Boost AI Division

Coolpad Group Limited has granted share options to five employees in its newly established Smart Devices and AI Computing Applications Division. This move is part of the company’s strategy to transition from traditional hardware manufacturing to AI hardware and services, leveraging technology integration to optimize operational efficiency and drive new growth.