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

• Market Cap: HK$1.37B
• Dividend Yield: N/A
• Average Volume (3M): 8.01M
• Price to Earnings (P/E): ―
• Beta (1Y): 0.03
• Revenue Growth: -50.16%
• EPS Growth: -252.77%
• Country: HK
• Employees: 180
• Sector: Consumer Cyclical
• Sector Strength: 84
• Industry: Apparel - Footwear & Accessories
• EPS (TTM): -0.03
• Shares Outstanding: 3,046,963,000
• 10 Day Avg. Volume: 14,417,400
• 30 Day Avg. Volume: 8,013,566
• PEG Ratio: >-0.01
• Price to Book (P/B): 1.63
• Price to Sales (P/S): 1.36
• P/FCF Ratio: -8.79
• 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: 54 Neutral
• Price Target: HK$0.67 ▲(0.45% Upside)

The overall stock score of 54 reflects significant financial challenges, with declining revenues and profitability being the most critical issues. While technical indicators show positive momentum, the negative P/E ratio and lack of dividend yield raise concerns about valuation. The absence of earnings call and corporate events data limits further insights.

Positive Factors

Recurring Revenue Model

The company's recurring revenue model from service agreements and maintenance contracts provides a stable income stream, enhancing financial predictability and long-term business sustainability.

Strategic Partnerships

Partnerships with renewable energy developers expand market reach and create opportunities for joint projects, supporting long-term growth and competitive positioning in the energy storage sector.

Industry Demand

The global shift towards renewable energy and the need for grid stability drive demand for energy storage solutions, positioning the company well for sustained revenue growth.

Negative Factors

Declining Revenue

A significant decline in revenue indicates potential market share loss or operational inefficiencies, which could impact long-term financial health and competitiveness.

Negative Profit Margins

Negative profit margins reflect operational challenges and inefficiencies, which could hinder the company's ability to invest in growth and innovation over time.

Cash Flow Challenges

Persistent cash flow challenges limit the company's ability to fund operations and strategic initiatives, potentially affecting its long-term financial stability and growth prospects.

China Anchu Energy Storage Group Ltd Business Overview & Revenue Model

Company Description

China Anchu Energy Storage Group Ltd. engages in the manufacture and sale of menswear. It operates through the following segments: Menswear Apparel, Industrial Products, and Energy Storage Battery. Its products include men's trousers, tops and accessories. The company was founded by Kin Sun Kwok on December 23, 2013 and is headquartered in Quanzhou, China.

How the Company Makes Money

China Anchu Energy Storage Group Ltd generates revenue through multiple streams, primarily by selling its energy storage products to utility companies, commercial enterprises, and residential customers. The company profits from the direct sale of its lithium-ion battery systems and energy management software solutions. Additionally, it engages in service agreements and maintenance contracts that provide ongoing support and updates for its systems, creating a recurring revenue model. Strategic partnerships with renewable energy developers and utility providers also enhance its market reach and can lead to joint projects, further contributing to its earnings. The increasing demand for energy storage solutions, driven by the global shift towards renewable energy and the need for grid stability, plays a crucial role in the company’s revenue growth.

China Anchu Energy Storage Group Ltd Financial Statement Overview

Summary

China Anchu Energy Storage Group Ltd is facing significant financial challenges, with declining revenues and profitability. The balance sheet shows moderate leverage but declining equity, while cash flow issues highlight liquidity concerns. The company needs to address operational inefficiencies and improve cash management to stabilize its financial position.

Income Statement

The company's income statement shows a declining trend in revenue from 2023 to 2024, with a significant drop in net income leading to a negative net profit margin. The gross profit margin has decreased, and both EBIT and EBITDA margins are negative, indicating operational challenges and inefficiencies.

Balance Sheet

The balance sheet reveals a moderate debt-to-equity ratio, but the stockholders' equity has decreased over the years. The equity ratio is relatively stable, suggesting some financial stability, but the high total liabilities pose a risk to the company's financial health.

Cash Flow

The cash flow statement shows negative free cash flow, with a declining trend in operating cash flow. The free cash flow to net income ratio is unfavorable, indicating cash flow challenges. However, the company has managed to maintain some level of financing cash flow.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	277.63M	467.01M	645.08M	603.91M	373.86M	270.07M
Gross Profit	73.01M	105.69M	147.75M	142.63M	110.17M	76.90M
EBITDA	-285.63M	-255.99M	87.92M	-43.60M	-47.28M	-474.19M
Net Income	-354.49M	-351.05M	-52.27M	-100.01M	-178.08M	-552.23M
Balance Sheet
Total Assets	1.31B	1.41B	1.73B	1.33B	1.12B	1.21B
Cash, Cash Equivalents and Short-Term Investments	16.40M	45.98M	70.32M	50.38M	131.82M	196.65M
Total Debt	502.37M	518.86M	461.58M	517.75M	463.89M	510.52M
Total Liabilities	951.85M	1.01B	1.04B	898.30M	662.43M	662.47M
Stockholders Equity	358.94M	391.64M	618.28M	415.30M	446.68M	543.37M
Cash Flow
Free Cash Flow	-58.49M	-72.50M	-168.94M	-90.22M	-75.06M	-289.55M
Operating Cash Flow	-21.17M	-35.58M	-130.24M	-44.35M	-24.33M	-189.32M
Investing Cash Flow	-35.77M	-34.80M	-37.51M	-92.80M	-45.16M	-67.97M
Financing Cash Flow	36.25M	49.93M	187.69M	55.70M	4.66M	-17.41M

China Anchu Energy Storage Group Ltd Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 0.67
• 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:2399, the sentiment is Positive. The current price of 0.67 is above the 20-day moving average (MA) of 0.59, above the 50-day MA of 0.50, and above the 200-day MA of 0.34, indicating a bullish trend. The MACD of 0.06 indicates Negative momentum. The RSI at 60.45 is Neutral, neither overbought nor oversold. The STOCH value of 57.34 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	76 Outperform	HK$19.94B	11.92	14.24%	5.84%	14.76%	23.04%
2299	75 Outperform	HK$10.06B	11.70	7.26%	―	-6.79%	66.07%
2199	67 Neutral	HK$2.45B	13.32	8.10%	2.04%	3.40%	151.24%
2368	63 Neutral	HK$2.08B	9.41	12.21%	7.82%	13.52%	4.95%
Sector *	61 Neutral	$18.38B	12.79	-2.54%	3.03%	1.52%	-15.83%
1709	58 Neutral	HK$5.04B	28.02	27.59%	0.85%	22.22%	196.73%
2399	54 Neutral	HK$1.37B	-3.37	-75.78%	―	-50.16%	-252.77%

China Anchu Energy Storage Group Ltd Corporate Events

China Anchu Energy Storage Group Updates Share Option Scheme

China Anchu Energy Storage Group Ltd announced a supplemental update regarding its Share Option Scheme, which aims to recognize and incentivize employees without setting specific performance targets. The scheme is designed to align the interests of employees with the company’s growth and shareholder value, ensuring long-term commitment and contribution to the company’s success.

China Anchu Energy Storage Explores Strategic Partnership with Guo Heng Group

China Anchu Energy Storage Group Limited has announced a potential strategic cooperation with Guo Heng Group Pte. Ltd., which may involve investment in the company through new shares or other securities. This collaboration aims to further invest in energy-related projects, enhancing the company’s capabilities in the energy sector. However, as the agreement is non-legally binding, the cooperation may or may not proceed, and stakeholders are advised to exercise caution.

China Anchu Energy Storage Group Grants Share Options to Boost Performance

China Anchu Energy Storage Group Limited has announced the grant of 304,690,000 share options to 17 eligible persons within the company, including directors and employees. This move is part of a share option scheme aimed at recognizing contributions and incentivizing performance to promote the company’s overall success. The share options have a validity period of ten years and are subject to a clawback mechanism to ensure compliance and integrity among grantees.

China Anchu Energy Storage Group Approves New Share Option Scheme

China Anchu Energy Storage Group Ltd announced the results of its Extraordinary General Meeting held on October 23, 2025, where a new Share Option Scheme was approved by a significant majority of shareholders. The resolution was passed with 99.29% of votes in favor, indicating strong shareholder support for the company’s strategic initiatives. This approval is likely to impact the company’s operations positively by aligning employee incentives with company performance, potentially enhancing its market position.

China Anchu Energy Storage Proposes New Share Option Scheme

China Anchu Energy Storage Group Ltd has announced the proposed adoption of a new share option scheme following the expiration of its 2014 scheme. This new initiative aims to motivate and retain eligible participants by providing them with proprietary interests in the company, aligning with the latest listing requirements of the Hong Kong Stock Exchange. The adoption of this scheme is contingent upon shareholder approval at an upcoming extraordinary general meeting and approval from the Stock Exchange’s Listing Committee. This move is expected to enhance the company’s operational success and shareholder value.

China Anchu Energy Storage Group Updates 2024 Annual Report with Share Option Details

China Anchu Energy Storage Group Limited has announced a supplemental update to its 2024 Annual Report, detailing the grant of 170,000,000 share options to its directors and employees. This move is part of a Share Option Scheme aimed at recognizing and incentivizing participants for their contributions to the company, enhancing their performance and efficiency. The scheme includes a clawback mechanism to ensure accountability and integrity among participants.