China Anchu Energy Storage Group Ltd (2399) AI Stock Analysis

• Market Cap: HK$1.02B
• Dividend Yield: N/A
• Average Volume (3M): 6.70M
• Price to Earnings (P/E): ―
• Beta (1Y): 0.11
• Revenue Growth: -28.98%
• EPS Growth: -420.31%
• Country: HK
• Employees: 180
• Sector: Consumer Cyclical
• Sector Strength: 71
• Industry: Apparel - Manufacturers
• EPS (TTM): N/A
• Shares Outstanding: 3,046,963,000
• 10 Day Avg. Volume: 1,982,400
• 30 Day Avg. Volume: 6,701,166
• PEG Ratio: N/A
• Price to Book (P/B): 0.00
• Price to Sales (P/S): 0.00
• P/FCF Ratio: 0.00
• 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: HK$0.50
• Price Target Upside: 38.89% Upside
• Rating Consensus: Hold
• Number of Analyst Covering: 1

• Rating: 49 Neutral
• Price Target: HK$0.50 ▲(38.89% Upside)

The overall stock score is primarily impacted by the company's weak financial performance, characterized by declining revenues and profitability, and poor valuation metrics with a negative P/E ratio. Despite these challenges, the stock shows some positive technical momentum, which slightly offsets the negative financial outlook.

China Anchu Energy Storage Group Ltd Business Overview & Revenue Model

Company Description

China Anchu Energy Storage Group Ltd (2399) is a prominent player in the energy storage industry, focusing on the development, manufacturing, and deployment of advanced energy storage systems. The company operates primarily in the renewable energy sector, providing solutions that enhance energy efficiency and reliability. Its core products include lithium-ion batteries and energy management systems, which are essential for integrating renewable energy sources into the grid and optimizing energy usage in various applications.

How the Company Makes Money

China Anchu Energy Storage Group Ltd generates revenue through several key streams. Primarily, the company sells its energy storage systems and lithium-ion batteries to utility companies, commercial enterprises, and residential customers. Additionally, it offers energy management solutions that allow clients to optimize their energy consumption and reduce costs. The company also benefits from partnerships with renewable energy developers and government initiatives promoting clean energy adoption, which can lead to long-term contracts and stable revenue. Furthermore, the company may engage in research and development collaborations that provide additional funding and access to new technologies, enhancing its competitive edge and market reach.

China Anchu Energy Storage Group Ltd Financial Statement Overview

Summary

China Anchu Energy Storage Group Ltd faces significant financial challenges with declining revenue and deeply negative profitability. The debt-to-equity ratio indicates moderate leverage, but reliance on debt poses risks in volatile markets. Cash flow issues further underscore liquidity challenges.

Income Statement

China Anchu Energy Storage Group Ltd has experienced significant revenue volatility, with a growth rate of -27.6% from 2023 to 2024. The gross profit margin stands at 22.6% for 2024, indicating reasonable cost management, but the net profit margin is deeply negative at -75.2%, reflecting substantial losses. Negative EBIT and EBITDA margins further highlight operational challenges.

Balance Sheet

The company's debt-to-equity ratio is 1.32, suggesting a moderate level of leverage. The return on equity is negative due to sustained net losses, raising concerns about shareholder value creation. The equity ratio of 27.8% indicates a reliance on debt, posing potential risks in volatile market conditions.

Cash Flow

The free cash flow has shown significant negative growth, with a free cash flow to net income ratio of 0.21 in 2024, indicating insufficient cash generation to support operations. The operating cash flow to net income ratio is negative, reflecting ongoing liquidity challenges.

Breakdown	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	467.01M	645.08M	603.91M	373.86M	270.07M
Gross Profit	105.69M	147.75M	142.63M	110.17M	76.90M
EBITDA	-255.99M	87.92M	-43.60M	-47.28M	-474.19M
Net Income	-351.05M	-52.27M	-100.01M	-174.39M	-552.23M
Balance Sheet
Total Assets	1.41B	1.73B	1.33B	1.12B	1.21B
Cash, Cash Equivalents and Short-Term Investments	45.98M	70.32M	50.38M	131.82M	196.65M
Total Debt	518.86M	461.58M	517.75M	463.89M	510.52M
Total Liabilities	1.01B	1.04B	898.30M	662.43M	662.47M
Stockholders Equity	391.64M	618.28M	415.30M	446.68M	543.37M
Cash Flow
Free Cash Flow	-72.50M	-168.94M	-90.22M	-75.06M	-289.55M
Operating Cash Flow	-35.58M	-130.24M	-44.35M	-24.33M	-189.32M
Investing Cash Flow	-34.80M	-37.51M	-92.80M	-45.16M	-67.97M
Financing Cash Flow	49.93M	187.69M	55.70M	4.66M	-17.41M

China Anchu Energy Storage Group Ltd Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 0.36
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For HK:2399, the sentiment is Positive. The current price of 0.36 is below the 20-day moving average (MA) of 0.38, above the 50-day MA of 0.31, and above the 200-day MA of 0.25, indicating a neutral trend. The MACD of 0.01 indicates Positive momentum. The RSI at 54.02 is Neutral, neither overbought nor oversold. The STOCH value of 23.24 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for HK:2399.

China Anchu Energy Storage Group Ltd Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
2232	81 Outperform	HK$17.12B	10.94	13.55%	4.25%	13.03%	22.23%
2368	72 Outperform	HK$2.30B	10.37	13.04%	7.50%	17.99%	-20.83%
2299	65 Neutral	HK$9.29B	11.46	7.06%	―	14.35%	107.03%
2199	65 Neutral	HK$2.24B	12.18	5.63%	1.43%	11.73%	28.38%
Sector *	56 Neutral	HK$25.48B	5.05	-2.69%	5.69%	-0.45%	-52.99%
1709	56 Neutral	HK$4.81B	34.59	19.02%	0.62%	-6.27%	27.12%
2399	49 Neutral	HK$1.02B	―	-69.38%	―	-28.98%	-420.31%

China Anchu Energy Storage Group Ltd Corporate Events

China Anchu Energy Storage Group Addresses Non-Compliance in Share Sale

China Anchu Energy Storage Group Ltd announced a non-compliance incident involving the sale of 100,000 shares by Mr. Kwok Kin Sun, the chairman, during a black-out period. This sale, which was a result of forced sales by a lender, reduced Mr. Kwok’s shareholding slightly and was deemed an unintended mistake. The company plans to conduct training for directors to prevent future incidents and believes the sale will not materially impact its operations.

China Anchu Energy Storage Group Schedules Board Meeting for Interim Results

China Anchu Energy Storage Group Ltd has announced a board meeting scheduled for August 28, 2025, to consider and approve the interim results for the first half of 2025 and discuss the potential payment of an interim dividend. This meeting could impact the company’s financial strategies and stakeholder interests, as it will address key financial outcomes and potential shareholder returns.

China Anchu Energy Storage Group Ltd Announces AGM Results with Unanimous Shareholder Support

China Anchu Energy Storage Group Ltd announced the results of its Annual General Meeting held on June 18, 2025. All proposed resolutions, including the re-election of directors, authorization to fix directors’ remuneration, re-appointment of auditors, and mandates for share issuance and buyback, were passed with overwhelming shareholder support. This outcome reflects strong shareholder confidence in the company’s strategic direction and governance, potentially strengthening its market position and operational capabilities.

China Anchu Energy Storage Group Ltd Updates Nomination Committee Composition

China Anchu Energy Storage Group Ltd has announced changes to its Nomination Committee, effective June 3, 2025. The changes include the appointment of Ms. Ma Xiaoling and Mr. Ma Yu-heng as members, aligning with upcoming amendments to the Listing Rules and Corporate Governance Code. These adjustments aim to enhance the committee’s effectiveness and diversity, reinforcing the company’s commitment to sound corporate governance practices.

China Anchu Energy Storage Group Announces Board Restructuring

China Anchu Energy Storage Group Limited, a company incorporated in the Cayman Islands, announced changes to its board of directors and board committees effective from June 3, 2025. The company has appointed Mr. Kwok Kin Sun as Chairman and Mr. Kwok Hon Fung as Chief Executive Officer, among other directors and committee members. These changes are likely to impact the company’s governance and strategic direction, potentially influencing its market positioning and stakeholder relations.

China Anchu Energy Storage Group Ltd Forms Nomination Committee to Enhance Board Governance

China Anchu Energy Storage Group Ltd has established a Nomination Committee to oversee the selection and appointment of board members, ensuring diversity and compliance with Hong Kong Stock Exchange listing rules. The committee is tasked with reviewing the board’s structure and recommending changes to align with the company’s corporate strategy, highlighting the company’s commitment to governance and strategic alignment.

China Anchu Energy Storage Group Announces 2025 AGM and Share Issuance Plans

China Anchu Energy Storage Group Ltd has announced its upcoming annual general meeting, scheduled for June 18, 2025, in Hong Kong. The meeting will address routine matters such as reviewing financial statements, re-electing directors, and appointing auditors. Additionally, the company seeks approval for the issuance of new shares, which could potentially impact its capital structure and shareholder value.