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Autostreets Development Limited
(2443)
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Rating:49Neutral
Price Target:
HK$1.50
▼(-44.24% Downside)
Action:Reiterated
Date:04/30/26
The score is held back primarily by weak and volatile operating performance (shrinking revenue, margin compression, and inconsistent profitability) and a bearish technical setup (below major moving averages with negative MACD). A stronger balance sheet with low leverage and still-positive free cash flow provide some support, but the very high P/E meaningfully worsens the risk/reward profile.
Positive Factors
Balance sheet strength
A materially lower debt-to-equity (≈0.20–0.22) indicates a conservative capital structure that materially reduces refinancing and solvency risk. This durable strength gives management optionality to invest, absorb shocks, or pursue strategic initiatives without near-term pressure from creditors.
Negative Factors
Revenue contraction
Multi-year top-line decline culminating in a ~26% fall in 2025 is a durable risk: loss of scale reduces operating leverage, weakens bargaining positions with suppliers, and raises fixed-cost coverage needs. Prolonged shrinkage undermines recovery of margins and long-term growth prospects.
Read all positive and negative factors
Positive Factors
Negative Factors
Balance sheet strength
A materially lower debt-to-equity (≈0.20–0.22) indicates a conservative capital structure that materially reduces refinancing and solvency risk. This durable strength gives management optionality to invest, absorb shocks, or pursue strategic initiatives without near-term pressure from creditors.
Read all positive factors
Autostreets Development Limited (2443) vs. iShares MSCI Hong Kong ETF (EWH)
Market Cap
HK$1.39B
Dividend YieldN/A
Average Volume (3M)8.62M
Price to Earnings (P/E)140.6
Beta (1Y)<0.01
Revenue Growth-33.67%
EPS GrowthN/A
CountryHK
Employees679
SectorGeneral
Sector StrengthN/A
IndustryAuto - Dealerships
Share Statistics
EPS (TTM)0.01
Shares Outstanding832,662,400
10 Day Avg. Volume2,692,300
30 Day Avg. Volume8,623,266
Financial Highlights & Ratios
PEG Ratio-2.27
Price to Book (P/B)2.15
Price to Sales (P/S)7.37
P/FCF Ratio64.70
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
Autostreets Development Limited Business Overview & Revenue Model
Company Description
Autostreets Development Limited operates as an investment holding company, primarily focusing on providing comprehensive pre-owned vehicle transaction services throughout China. The firm manages a seamlessly integrated online and offline marketpla...
Autostreets Development Limited Financial Statement Overview
Summary
Income Statement
46
Neutral
Balance Sheet
68
Positive
Cash Flow
57
Neutral
| Breakdown | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 271.07M | 408.59M | 491.97M | 467.63M | 677.69M |
| Gross Profit | 169.73M | 255.13M | 312.48M | 284.82M | 425.57M |
| EBITDA | 31.26M | -65.39M | 28.72M | 135.73M | 261.07M |
| Net Income | 8.27M | -123.00M | -15.51M | 45.24M | 47.97M |
Balance Sheet | |||||
| Total Assets | 1.23B | 1.25B | 1.15B | 1.03B | 840.55M |
| Cash, Cash Equivalents and Short-Term Investments | 833.94M | 1.05B | 938.94M | 466.51M | 373.79M |
| Total Debt | 184.58M | 199.60M | 137.96M | 397.44M | 286.10M |
| Total Liabilities | 279.02M | 312.71M | 752.00M | 855.98M | 565.89M |
| Stockholders Equity | 927.50M | 926.27M | 394.86M | 132.70M | 77.54M |
Cash Flow | |||||
| Free Cash Flow | 30.87M | 7.25M | 116.19M | 90.73M | 182.43M |
| Operating Cash Flow | 31.71M | 9.44M | 123.36M | 95.33M | 188.71M |
| Investing Cash Flow | -219.71M | -63.00K | 310.91M | -43.89M | -47.49M |
| Financing Cash Flow | -22.56M | 100.15M | 111.50M | -15.96M | -49.20M |
Autostreets Development Limited Technical Analysis
Negative
2.69
Price Trends
1.69
Negative
1.90
Negative
2.64
Negative
Market Momentum
>-0.01
Negative
46.68
Neutral
69.47
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For HK:2443, the sentiment is Negative. The current price of 2.69 is above the 20-day moving average (MA) of 1.62, above the 50-day MA of 1.69, and above the 200-day MA of 2.64, indicating a bearish trend. The MACD of >-0.01 indicates Negative momentum. The RSI at 46.68 is Neutral, neither overbought nor oversold. The STOCH value of 69.47 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for HK:2443.
Autostreets Development Limited Peers Comparison
UnderperformOutperform
Sector (55)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
55 Neutral | $6.65B | 3.83 | -15.92% | 6.20% | 10.91% | 7.18% | |
51 Neutral | HK$12.64B | -6.38 | -3.56% | 5.79% | -2.14% | -153.42% | |
49 Neutral | HK$1.39B | 140.55 | 0.89% | ― | -33.67% | ― | |
44 Neutral | HK$1.40B | -0.25 | -26.57% | 9.05% | -13.88% | -2685.61% | |
44 Neutral | HK$686.59M | -0.79 | -127.27% | 4.01% | -9.61% | 67.03% | |
44 Neutral | HK$1.43B | -0.47 | 1123.27% | ― | -9.75% | 29.53% | |
42 Neutral | HK$1.16B | -1.57 | -4.42% | 3.49% | 28.31% | -119.12% |
* General Sector Average
HK:2443
Autostreets Development Limited
1.61
-2.72
-62.82%
HK:3669
China Yongda Automobiles Services
0.80
-1.23
-60.65%
HK:1268
China MeiDong Auto Holdings
0.51
-1.63
-76.17%
HK:1728
China Zhengtong Auto Services Holdings
0.14
0.00
0.00%
HK:3836
China Harmony Auto Holding Limited
0.76
0.12
18.75%
HK:0881
Zhongsheng Group Holdings Ltd.
5.06
-6.52
-56.30%
Autostreets Development Limited Corporate Events
Autostreets Wins Strong Shareholder Backing for Capital and Incentive Mandates
Jun 30, 2026
Autostreets Development Limited, a Cayman Islands-incorporated company listed in Hong Kong under stock code 2443, operates in the automotive-related services and development sector with a governance structure combining executive, non-executive and...
Autostreets Plans 2026 Share Award Scheme With Tight Dilution Caps
Jun 5, 2026
Autostreets Development Limited has proposed adopting a 2026 Share Award Scheme, approved in principle by its board on 5 June 2026, structured to comply with Hong Kong Listing Rules. The scheme is designed to remunerate, incentivise, and retain em...
Autostreets Calls 2026 AGM and Seeks Fresh Share Buy-Back Mandate
Jun 5, 2026
Autostreets Development Limited has called its annual general meeting for 30 June 2026 in Shanghai to present the audited consolidated financial statements for the year ended 31 December 2025 and the accompanying reports. Shareholders will also vo...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.