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

• Market Cap: HK$168.96M
• Dividend Yield: 1.21%
• Average Volume (3M): 191.44K
• Price to Earnings (P/E): 65.4
• Beta (1Y): 0.20
• 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: 105,900
• 30 Day Avg. Volume: 191,443
• 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: HK$2.50
• Price Target Upside: -2.34% Downside
• Rating Consensus: Hold
• Number of Analyst Covering: 0

• Rating: 49 Neutral
• Price Target: HK$2.50 ▼(-2.34% Downside)

The overall stock score is primarily influenced by the company's financial performance challenges, including declining revenues and profitability, and increased financial leverage. Technical analysis provides mixed signals, with some bullish momentum but overall neutral indicators. Valuation is a concern due to the negative P/E ratio, although the dividend yield offers slight compensation.

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 significant financial challenges, with declining revenues and profitability. The negative net income and shrinking margins are concerning, and increased leverage poses financial risks. However, improved free cash flow indicates potential for better cash management.

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

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

• Technical Analysis Sentiment: Negative
• Last Price: 2.56
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Positive
• 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 Negative. The current price of 2.56 is below the 20-day moving average (MA) of 2.69, below the 50-day MA of 2.68, and below the 200-day MA of 2.75, indicating a bearish trend. The MACD of -0.01 indicates Positive momentum. The RSI at 48.13 is Neutral, neither overbought nor oversold. The STOCH value of 23.13 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative 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	73 Outperform	HK$17.97B	16.90	5.10%	1.12%	20.56%	254.64%
0691	56 Neutral	HK$3.83B	24.29	-0.77%	―	-14.85%	―
1313	50 Neutral	HK$12.64B	33.27	―	1.33%	―	―
2450	49 Neutral	HK$168.96M	65.45	-3.67%	1.21%	0.93%	-228.15%
1847	49 Neutral	HK$87.02M	-2.61	―	―	-11.66%	-128.11%
0695	44 Neutral	HK$2.50B	-81.31	-15.14%	―	-11.16%	41.97%
Sector *	61 Neutral	$10.43B	7.12	-0.05%	2.87%	2.86%	-36.73%

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

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.

Huaibei GreenGold to Hold 2025 Second Extraordinary General Meeting

Huaibei GreenGold Industry Investment Co., Ltd. has announced the convening of its 2025 second extraordinary general meeting on August 21, 2025, to discuss and approve key agreements with Huaibei Construction Investment. These agreements include the Products Sales Framework Agreement and the Construction Project Framework Agreement, which involve continuing connected transactions and proposed annual caps. The decisions made in this meeting could significantly impact the company’s operational strategies and its positioning within the industry.

Huaibei GreenGold Announces Board Composition and Roles

Huaibei GreenGold Industry Investment Co., Ltd. has announced the composition of its board of directors and their roles within various committees. The announcement outlines the leadership structure, which includes executive and independent non-executive directors, and details the roles of each director in the audit, remuneration, nomination, and ESG committees, indicating a structured approach to governance.

Huaibei GreenGold Enhances Board Governance with New Nomination Committee

Huaibei GreenGold Industry Investment Co., Ltd. has established a Nomination Committee within its Board of Directors, as per a resolution passed in December 2022. The Committee’s terms of reference were amended and adopted to take effect in June 2025, focusing on enhancing governance by ensuring a diverse and independent board. The Committee will consist of at least three members, primarily independent non-executive directors, with a requirement for gender diversity. This move is likely to strengthen the company’s governance structure and potentially improve its industry positioning by promoting inclusivity and independence.

Huaibei GreenGold Announces Nomination Committee Changes

Huaibei GreenGold Industry Investment Co., Ltd., a joint stock company incorporated in the People’s Republic of China, has announced a change in the composition of its Board’s Nomination Committee. The Board has appointed Ms. Xing Mengwei, an independent non-executive Director, as a new member of the Nomination Committee, effective from June 24, 2025. This change reflects the company’s ongoing efforts to strengthen its governance structure.