Shenzhen Pagoda Industrial (Group) Corp. Ltd. Class H (2411) AI Stock Analysis

• Market Cap: HK$2.94B
• Dividend Yield: 0.43%
• Average Volume (3M): 4.44M
• Price to Earnings (P/E): 6.8
• Beta (1Y): 1.20
• Revenue Growth: -11.77%
• EPS Growth: -208.38%
• Country: HK
• Employees: 2,581
• Sector: Consumer Cyclical
• Sector Strength: 64
• Industry: Specialty Retail
• EPS (TTM): -0.28
• Shares Outstanding: 1,453,888,900
• 10 Day Avg. Volume: 3,291,490
• 30 Day Avg. Volume: 4,441,715
• 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: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0

• Rating: 44 Neutral
• Price Target: HK$1.50 ▼(-7.98% Downside)

Shenzhen Pagoda Industrial faces substantial financial and operational challenges, reflected in its low financial performance score. The technical indicators suggest bearish momentum, and the negative valuation metrics highlight profitability issues. The lack of earnings call and corporate events data further limits positive outlooks.

Shenzhen Pagoda Industrial (Group) Corp. Ltd. Class H Business Overview & Revenue Model

Company Description

Shenzhen Pagoda Industrial (Group) Corporation Limited operates as a fruit retailer in the People's Republic of China. The company sells fruits; and fruit-based products, such as dried fruits and juice. It also engages in the provision of supply chain management, brand management, property management, agricultural technology, and enterprise management services; development of information technology; and the planting and sale of fruits. As of December 12, 2022, it operated 5,643 offline stores, including 5,624 franchised stores and 19 self-operated stores, as well as e-commerce platforms. The company was founded in 2001 and is headquartered in Shenzhen, the People's Republic of China.

How the Company Makes Money

Shenzhen Pagoda Industrial (Group) Corp. Ltd. generates revenue primarily through its expansive network of retail stores specializing in fresh fruit sales. The company sources fruits from a variety of local and international suppliers, ensuring a diverse and high-quality product range. Pagoda's revenue model is heavily reliant on direct sales to consumers through its physical retail outlets and online platforms. Additionally, the company benefits from strategic partnerships with suppliers and logistics providers, enhancing its supply chain efficiency and cost-effectiveness. Seasonal promotions, loyalty programs, and value-added services also contribute to its earnings, driving customer retention and increasing purchase frequency.

Shenzhen Pagoda Industrial (Group) Corp. Ltd. Class H Financial Statement Overview

Summary

The company faces significant financial challenges, with declining revenue and profitability metrics leading to negative margins. Increased leverage and negative cash flow further highlight financial risks. Stabilizing revenue and improving operational efficiency are crucial for future performance.

Income Statement

The company experienced a revenue decline from the previous year. Gross profit margin deteriorated from 11.54% to 7.42%, and the net profit margin turned negative, indicating challenges in maintaining profitability. EBIT and EBITDA margins also turned negative, reflecting operational difficulties.

Balance Sheet

The debt-to-equity ratio increased to 1.08, indicating higher leverage, although equity remains stable at 34.61% of total assets. Return on Equity turned negative due to net losses, signaling potential financial risks if trends continue.

Cash Flow

Cash flow from operations has significantly declined, showing a negative operating cash flow in the latest year. Free cash flow growth is also negative, highlighting liquidity concerns. The ratios of cash flows to net income are not calculable due to net losses.

Breakdown	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	10.27B	11.39B	11.31B	10.29B	8.85B
Gross Profit	761.96M	1.31B	1.31B	1.16B	807.43M
EBITDA	-276.31M	584.16M	558.46M	453.54M	215.63M
Net Income	-386.03M	361.72M	323.30M	230.34M	49.06M
Balance Sheet
Total Assets	7.82B	7.59B	6.81B	6.42B	5.24B
Cash, Cash Equivalents and Short-Term Investments	2.50B	2.30B	2.09B	1.85B	1.07B
Total Debt	2.92B	2.41B	1.80B	2.02B	1.22B
Total Liabilities	5.01B	4.25B	3.79B	3.71B	2.72B
Stockholders Equity	2.71B	3.22B	2.95B	2.64B	2.45B
Cash Flow
Free Cash Flow	-53.91M	-166.24M	414.71M	239.92M	135.33M
Operating Cash Flow	164.58M	-48.53M	589.18M	283.88M	292.90M
Investing Cash Flow	-760.20M	282.56M	619.85M	-577.90M	-372.66M
Financing Cash Flow	239.09M	414.89M	-307.78M	404.05M	217.15M

Shenzhen Pagoda Industrial (Group) Corp. Ltd. Class H Technical Analysis

• Technical Analysis Sentiment: Neutral
• Last Price: 1.63
• 50DMA: Negative
• 100DMA: Positive
• 200DMA: Positive
• MACD: Positive
• RSI: Neutral
• STOCH: Positive

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For HK:2411, the sentiment is Neutral. The current price of 1.63 is below the 20-day moving average (MA) of 1.89, below the 50-day MA of 1.87, and above the 200-day MA of 1.38, indicating a neutral trend. The MACD of -0.06 indicates Positive momentum. The RSI at 34.36 is Neutral, neither overbought nor oversold. The STOCH value of 10.27 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for HK:2411.

Shenzhen Pagoda Industrial (Group) Corp. Ltd. Class H Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
2420	76 Outperform	HK$1.75B	10.58	27.91%	3.32%	8.89%	―
9896	74 Outperform	HK$47.57B	17.92	24.95%	3.16%	9.37%	-6.70%
0178	72 Outperform	HK$1.89B	24.60	6.39%	9.43%	1.20%	-49.31%
Sector *	60 Neutral	€8.59B	7.63	-12.94%	4.74%	1.67%	-54.84%
1759	47 Neutral	HK$216.00M	39.77	-3.26%	―	14.00%	-239.86%
2411	44 Neutral	HK$2.94B	6.84	-13.02%	0.43%	-11.77%	-208.38%
GMELF	―	$118.78M	―		―	―	―

Shenzhen Pagoda Industrial (Group) Corp. Ltd. Class H Corporate Events

Shenzhen Pagoda Announces 2024 Annual Results and Dividend Details

Shenzhen Pagoda Industrial (Group) Corporation Limited announced its annual results for the year ended December 31, 2024, with a declared final ordinary dividend of RMB 0.0065 per share. The dividend will be paid in Hong Kong dollars at an exchange rate of RMB 1 to HKD 1.09, amounting to HKD 0.0071 per share. The payment date is set for July 18, 2025, following the record date of June 16, 2025. The announcement includes details on withholding tax rates applicable to non-resident shareholders, which are set at 10% for enterprises and between 10% and 20% for individual shareholders. This update reflects the company’s commitment to shareholder returns and provides clarity on tax implications for international investors.

Shenzhen Pagoda Industrial’s AGM Resolutions Unanimously Approved

Shenzhen Pagoda Industrial (Group) Corporation Limited, a joint stock company incorporated in China, held its 2024 annual general meeting on June 5, 2025, where all proposed resolutions were unanimously passed by shareholders. Key resolutions included the approval of the 2024 work reports, annual report, profit distribution plan, remuneration plans for directors and supervisors, re-appointment of auditors for 2025, and amendments to the company’s articles of association. The successful passing of these resolutions signifies strong shareholder support and positions the company for continued operational stability and governance improvements.

Shenzhen Pagoda Applies for H Share Full Circulation

Shenzhen Pagoda Industrial (Group) Corporation Limited has announced its application to the China Securities Regulatory Commission (CSRC) for the conversion of 85,448,554 Unlisted Shares into H Shares, which represents approximately 5.5510% of the company’s total issued share capital. This move is part of the company’s proposed implementation of H Share Full Circulation, which aims to list and trade these shares on the Hong Kong Stock Exchange’s Main Board. The completion of this process is contingent upon obtaining necessary approvals from the CSRC, the Stock Exchange, and other regulatory authorities. The company will provide further updates as the process progresses.

Shenzhen Pagoda Announces Board and Committee Structure

Shenzhen Pagoda Industrial (Group) Corporation Limited has announced the composition of its board of directors and the roles of its board committees. The company has outlined the members of its executive, non-executive, and independent non-executive directors, as well as the leadership of its audit, remuneration, nomination, strategic, and ESG committees. This announcement provides clarity on the governance structure of the company, which may impact its strategic direction and operational oversight.

Shenzhen Pagoda Announces Board Changes

Shenzhen Pagoda Industrial (Group) Corporation Limited announced the resignation of Mr. SUN Kai as a non-executive director and member of both the audit and strategic committees, effective May 23, 2025, due to other work arrangements. The company expressed gratitude for Mr. SUN’s contributions and confirmed no disagreements or issues related to his departure. In response, Mr. JIAO Yue has been appointed to fill the vacated committee positions, reflecting a seamless transition in the company’s governance structure.

Shenzhen Pagoda Announces Full Circulation of H Shares

Shenzhen Pagoda Industrial (Group) Corporation Limited, a joint stock company incorporated in China, has announced its plan to implement full circulation of its H shares. This involves converting all 85,448,554 of its unlisted shares into H shares, which will then be listed on the Main Board of the Hong Kong Stock Exchange. The move is subject to regulatory approvals and aims to enhance the liquidity and marketability of the company’s shares, potentially impacting its market positioning and stakeholder interests.

Shenzhen Pagoda Announces 2024 Annual Results and Dividend Details

Shenzhen Pagoda Industrial (Group) Corp. Ltd. announced its annual results for the year ended December 31, 2024, including a final cash dividend of RMB 0.0065 per share. The dividend will be paid on July 18, 2025, with specific tax implications for non-resident shareholders, who will be subject to withholding tax rates of 10% or 20% depending on their classification. This announcement reflects the company’s financial strategy and commitment to shareholder returns, potentially impacting its market positioning and investor relations.

Shenzhen Pagoda Announces 2024 AGM with Key Resolutions

Shenzhen Pagoda Industrial (Group) Corporation Limited has announced its 2024 Annual General Meeting scheduled for June 5, 2025, in Shenzhen, China. The meeting will address several key resolutions, including the approval of the company’s 2024 work reports, profit distribution plan, remuneration for directors and supervisors, re-appointment of auditors, and proposed amendments to company procedures and articles of association. The AGM will also consider granting mandates to the board for share repurchase and issuance, as well as changing the company’s registered address.