Autostreets Development Limited (HK:2443)
:2443
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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
Low leverage / strong balance sheet
A materially lower debt-to-equity (~0.20–0.22) and equity large versus assets create structural financial resilience. This conservative capital structure reduces refinancing risk, preserves strategic optionality for investments or shocks, and supports stability over the next several months.
Negative Factors
Shrinking revenue trend
A multi-year revenue contraction culminating in a ~26% decline in 2025 erodes scale and makes fixed-cost absorption harder. Persistent top-line decline pressures long-term profitability, limits reinvestment capacity, and weakens competitive position unless structural demand or distribution issues are reversed.
Read all positive and negative factors
Positive Factors
Negative Factors
Low leverage / strong balance sheet
A materially lower debt-to-equity (~0.20–0.22) and equity large versus assets create structural financial resilience. This conservative capital structure reduces refinancing risk, preserves strategic optionality for investments or shocks, and supports stability over the next several months.
Read all positive factors
Autostreets Development Limited (2443) vs. iShares MSCI Hong Kong ETF (EWH)
Market Cap
HK$1.42B
Dividend YieldN/A
Average Volume (3M)8.62M
Price to Earnings (P/E)180.4
Beta (1Y)-0.06
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, an investment holding company, provides used vehicle transaction services in China. It offers online-offline integrated transaction platform that connects upstream sellers with downstream buyers for used vehicles, ...
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
1.91
Negative
2.30
Negative
3.08
Negative
Market Momentum
-0.06
Positive
27.21
Positive
33.09
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 1.84, above the 50-day MA of 1.91, and below the 200-day MA of 3.08, indicating a bearish trend. The MACD of -0.06 indicates Positive momentum. The RSI at 27.21 is Positive, neither overbought nor oversold. The STOCH value of 33.09 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% | |
52 Neutral | HK$1.43B | -0.14 | 1123.27% | ― | -9.75% | 29.53% | |
49 Neutral | HK$1.42B | 180.41 | 0.89% | ― | -33.67% | ― | |
44 Neutral | HK$1.65B | -0.43 | -26.57% | 9.05% | -13.88% | -2685.61% | |
44 Neutral | HK$199.20M | -15.36 | 0.12% | 12.36% | -1.26% | ― | |
43 Neutral | HK$1.19B | -0.57 | -4.42% | 3.49% | 28.31% | -114.88% | |
43 Neutral | HK$117.00M | -0.22 | -11.49% | ― | -14.65% | -15.40% |
* General Sector Average
HK:2443
Autostreets Development Limited
1.70
-2.31
-57.61%
HK:3669
China Yongda Automobiles Services
0.90
-1.52
-62.86%
HK:1728
China Zhengtong Auto Services Holdings
0.14
0.02
19.17%
HK:3836
China Harmony Auto Holding Limited
0.81
0.23
39.66%
HK:1771
Sunfonda Group Holdings Ltd.
0.20
-0.14
-41.79%
HK:6909
BetterLife Holding Limited
0.34
-0.29
-45.97%
Autostreets Development Limited Corporate Events
Autostreets Swings to Profit in 2025 Despite Sharp Revenue and Volume Declines
Mar 31, 2026
Autostreets Development Limited reported 2025 revenues of RMB271.1 million, down 33.7% year on year, but achieved a turnaround to a profit of RMB21.7 million from a loss in 2024, while maintaining a stable gross margin of about 62.6%. Operationall...
Autostreets Sets March 2026 Board Meeting to Approve 2025 Results and Consider Dividend
Mar 19, 2026
Autostreets Development Limited has scheduled a board meeting for 31 March 2026 to review and approve the group’s annual results for the financial year ended 31 December 2025 and to authorize their publication. The board will also consider t...
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.