Huaibei GreenGold Industry Investment Co., Ltd. Class H (2450) AI Stock Analysis

• Market Cap: HK$178.20M
• Dividend Yield: 1.14%
• Average Volume (3M): 163.50K
• Price to Earnings (P/E): ―
• Beta (1Y): 0.22
• Revenue Growth: 0.93%
• EPS Growth: -228.15%
• Country: HK
• Employees: 166
• Sector: Basic Materials
• Sector Strength: 58
• Industry: Construction Materials
• EPS (TTM): -0.01
• Shares Outstanding: 66,000,000
• 10 Day Avg. Volume: 166,200
• 30 Day Avg. Volume: 163,500
• PEG Ratio: 0.13
• Price to Book (P/B): 0.98
• Price to Sales (P/S): 1.94
• P/FCF Ratio: 2.75
• 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

• Rating: 48 Neutral
• Price Target: HK$3.00 ▲(10.70% Upside)

The overall stock score of 48 reflects significant financial challenges, including declining revenues and profitability, increased leverage, and negative net income. Technical indicators are neutral, showing no strong momentum. Valuation is unattractive due to a negative P/E ratio and low dividend yield. These factors collectively indicate a cautious outlook for the stock.

Huaibei GreenGold Industry Investment Co., Ltd. Class H Business Overview & Revenue Model

Company Description

Huaibei GreenGold Industry Investment Co., Ltd. produces and sells construction materials in the People's Republic of China. The company offers aggregate products, including scalping, sand powder, and construction aggregate products; and concrete products, such as ready-mixed concrete, cement stabilized macadam, and asphalt concrete. It primarily serves construction companies, building materials companies, and wholesalers. The company was founded in 2016 and is headquartered in Huaibei, the People's Republic of China.

How the Company Makes Money

Huaibei GreenGold generates revenue through a combination of investment returns, project financing fees, and consultancy services. The company earns income from its equity stakes in various renewable energy projects, benefiting from government subsidies and favorable policies aimed at promoting green technologies. Key revenue streams include management fees from funds it manages, performance-based fees linked to successful project implementations, and advisory fees from clients seeking expertise in sustainable investments. Additionally, partnerships with local governments and other businesses in the green sector enhance its project pipeline and investment opportunities, further contributing to its financial performance.

Huaibei GreenGold Industry Investment Co., Ltd. Class H Financial Statement Overview

Summary

The company faces challenges with declining revenues and profitability, as evidenced by negative net income and shrinking margins. The balance sheet shows increased leverage, which could pose financial risks. However, the company has managed to improve its free cash flow, indicating potential for better cash management. Overall, the financial health of the company is under pressure, with significant areas needing improvement to ensure long-term stability and growth.

Income Statement

The company has experienced a significant decline in revenue over the past few years, with a notable drop from 2020 to 2024. Gross profit margin has decreased from 57% in 2020 to 35% in 2024, indicating reduced profitability. The net profit margin turned negative in 2024, reflecting a net loss, which is a major concern. However, the company maintained a relatively stable EBIT margin around 23% in 2024, which shows some operational efficiency.

Balance Sheet

The debt-to-equity ratio has increased significantly, indicating higher leverage, which could pose financial risks. The equity ratio has decreased from 48% in 2020 to 19% in 2024, showing reduced financial stability. Return on equity has turned negative in 2024 due to the net loss, highlighting profitability challenges. The company's total assets have grown, but this is overshadowed by the increase in liabilities.

Cash Flow

Operating cash flow remains strong, although it has decreased from 2020 levels. Free cash flow has improved significantly in 2024 compared to previous years, indicating better cash management. The operating cash flow to net income ratio is high, suggesting efficient cash generation relative to earnings. However, the free cash flow to net income ratio is negative due to the net loss, which is a concern.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	252.72M	236.17M	290.62M	407.71M	370.33M	506.38M
Gross Profit	94.87M	83.76M	124.31M	194.82M	178.35M	288.52M
EBITDA	139.94M	124.04M	191.52M	272.44M	238.81M	306.40M
Net Income	-17.08M	-21.97M	37.49M	67.41M	64.71M	124.19M
Balance Sheet
Total Assets	2.27B	2.48B	2.38B	2.29B	2.34B	702.01M
Cash, Cash Equivalents and Short-Term Investments	385.81M	322.81M	342.58M	251.40M	599.00M	67.00M
Total Debt	1.34B	1.36B	1.01B	900.37M	934.87M	68.00M
Total Liabilities	1.57B	1.77B	1.72B	1.75B	1.88B	194.94M
Stockholders Equity	466.91M	469.70M	476.95M	371.53M	304.12M	334.51M
Cash Flow
Free Cash Flow	111.58M	166.76M	98.78M	-141.75M	-480.54M	263.26M
Operating Cash Flow	116.17M	172.29M	207.27M	155.23M	244.84M	291.72M
Investing Cash Flow	-202.89M	-203.83M	64.51M	-469.99M	-620.38M	-133.43M
Financing Cash Flow	-159.66M	278.20M	-243.08M	-226.24M	895.71M	-277.56M

Huaibei GreenGold Industry Investment Co., Ltd. Class H Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 2.71
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Negative
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For HK:2450, the sentiment is Positive. The current price of 2.71 is above the 20-day moving average (MA) of 2.67, above the 50-day MA of 2.68, and below the 200-day MA of 2.82, indicating a neutral trend. The MACD of >-0.01 indicates Negative momentum. The RSI at 51.37 is Neutral, neither overbought nor oversold. The STOCH value of 49.26 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for HK:2450.

Huaibei GreenGold Industry Investment Co., Ltd. Class H Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
2233	―	$16.93B	15.92	7.74%	1.19%	20.56%	254.64%
Sector *	―	$10.43B	7.12	-0.05%	2.87%	2.86%	-36.73%
1847	―	HK$81.67M	―	-8.97%	―	-11.66%	-128.11%
2450	―	HK$178.20M	-38.52	-3.67%	1.14%	0.93%	-228.15%
0691	―	HK$3.57B	23.16	0.80%	―	-14.85%	―
1313	―	$12.64B	33.09	0.51%	1.37%	―	―
0695	―	HK$2.17B	―	-6.75%	―	-11.16%	41.97%

Huaibei GreenGold Industry Investment Co., Ltd. Class H Corporate Events

Huaibei GreenGold Announces Potential Reorganization at Shareholder Level

Huaibei GreenGold Industry Investment Co., Ltd., a joint stock company incorporated in China, is undergoing a potential reorganization at the controlling shareholder level. The reorganization involves renaming Huaibei Hongjian Construction Engineering Co., Ltd. to Huaibei Xinghuai Capital Holding Co., Ltd., which will be transferred to Huaibei Municipal State-owned Assets Supervision and Administration Commission (SASAC). A new company, Huaibei City Xinghuai Mining Co., Ltd., will be established and wholly owned by Xinghuai Capital. The 75% shares of Huaibei GreenGold held by Huaibei Construction Investment Group will be transferred to Xinghuai Mining at nil consideration. Despite these changes, the ultimate beneficial owner, Huaibei SASAC, remains unchanged, maintaining its control over the company.

The most recent analyst rating on (HK:2450) stock is a Hold with a HK$3.00 price target. To see the full list of analyst forecasts on Huaibei GreenGold Industry Investment Co., Ltd. Class H stock, see the HK:2450 Stock Forecast page.

Huaibei GreenGold Approves Key Agreements at 2025 EGM

Huaibei GreenGold Industry Investment Co., Ltd. successfully held its 2025 Second Extraordinary General Meeting on August 28, 2025, where all proposed resolutions were passed by shareholders. The meeting, chaired by Mr. Liu Yong, approved agreements with Huaibei Construction Investment, highlighting continued collaboration and strategic alignment in product sales and construction projects.

The most recent analyst rating on (HK:2450) stock is a Hold with a HK$2.50 price target. To see the full list of analyst forecasts on Huaibei GreenGold Industry Investment Co., Ltd. Class H stock, see the HK:2450 Stock Forecast page.

Huaibei GreenGold Reports Revenue Growth and Reduced Losses in H1 2025

Huaibei GreenGold Industry Investment Co., Ltd. reported a 14.9% increase in operating revenue for the first half of 2025, reaching RMB127.3 million. Despite this growth, the company experienced a loss of RMB2.8 million, though this represents a significant reduction from the previous year’s loss. The gross profit margin improved by 4 percentage points to 40.5%. The company did not declare an interim dividend, indicating a cautious approach to capital distribution amid financial improvements.

The most recent analyst rating on (HK:2450) stock is a Hold with a HK$2.50 price target. To see the full list of analyst forecasts on Huaibei GreenGold Industry Investment Co., Ltd. Class H stock, see the HK:2450 Stock Forecast page.

Huaibei GreenGold Appoints New Joint Company Secretary with Waiver

Huaibei GreenGold Industry Investment Co., Ltd. has appointed Mr. Yao Minglei as a joint company secretary, effective from August 28, 2025. Mr. Yao, who has been with the company since January 2025, will be supported by Ms. Tam Pak Yu, Vivien, during a waiver period granted by the Stock Exchange of Hong Kong, due to Mr. Yao’s lack of required qualifications for the role. This waiver, valid for three years, allows Mr. Yao to fulfill his duties while being assisted by Ms. Tam, ensuring compliance with the listing rules.

The most recent analyst rating on (HK:2450) stock is a Hold with a HK$2.50 price target. To see the full list of analyst forecasts on Huaibei GreenGold Industry Investment Co., Ltd. Class H stock, see the HK:2450 Stock Forecast page.

Huaibei GreenGold Postpones 2025 Second EGM to August 28

Huaibei GreenGold Industry Investment Co., Ltd. has announced the postponement of its 2025 Second Extraordinary General Meeting (EGM) from August 21 to August 28, 2025, due to the need for additional time for logistics arrangements. The meeting will take place at the same venue, and all resolutions set to be proposed will remain unchanged. Shareholders are advised that previously submitted proxy forms remain valid for the adjourned meeting, and the book closure period for determining shareholder entitlement to attend and vote remains unchanged.

The most recent analyst rating on (HK:2450) stock is a Hold with a HK$3.00 price target. To see the full list of analyst forecasts on Huaibei GreenGold Industry Investment Co., Ltd. Class H stock, see the HK:2450 Stock Forecast page.

Huaibei GreenGold Schedules Board Meeting for Interim Results

Huaibei GreenGold Industry Investment Co., Ltd. has announced a board meeting scheduled for August 28, 2025, to discuss and approve the interim financial results for the first half of the year and consider the recommendation of an interim dividend. This meeting is significant for stakeholders as it may impact the company’s financial strategies and shareholder returns.

Huaibei GreenGold Addresses Compliance Oversight in Connected Transactions

Huaibei GreenGold Industry Investment Co., Ltd. announced supplemental information regarding its continuing connected transactions, specifically the 2025 Blasting Services and 2025 Products Sales. The company inadvertently failed to comply with Hong Kong’s Listing Rules due to misunderstandings about the necessity of disclosing these transactions separately from existing Framework Agreements. This oversight was attributed to the company’s unfamiliarity with the renewal process and the mistaken belief that the transactions fell under a de minimis exemption. The company is addressing these compliance issues to align with regulatory requirements.