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

• Market Cap: N/A
• Dividend Yield: 1.21%
• Average Volume (3M): 245.65K
• Price to Earnings (P/E): 65.4
• Beta (1Y): 0.17
• Revenue Growth: -20.39%
• EPS Growth: -157.60%
• Country: HK
• Employees: 166
• Sector: Basic Materials
• Sector Strength: 57
• Industry: Construction Materials
• EPS (TTM): -0.06
• Shares Outstanding: 66,000,000
• 10 Day Avg. Volume: 268,200
• 30 Day Avg. Volume: 245,650
• 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: HK$2.50
• Price Target Upside: -1.96% Downside
• Rating Consensus: Hold
• Number of Analyst Covering: 1

• Rating: 48 Neutral
• Price Target: HK$2.50 ▼(-1.96% Downside)

The overall stock score is primarily influenced by the company's weak financial performance, characterized by declining revenues, negative net income, and increased leverage. Technical analysis provides a neutral outlook, with no strong momentum indicators. Valuation is a concern due to the negative P/E ratio and low dividend yield, suggesting potential overvaluation. The absence of earnings call data and notable corporate events leaves these factors unaddressed in the score.

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

Company Description

Huaibei GreenGold Industry Investment Co., Ltd. Class H (2450) is a diversified investment firm based in China, specializing in green technology and sustainable development sectors. The company primarily focuses on investments in renewable energy, environmental protection, and resource recycling, aiming to promote eco-friendly practices and contribute to sustainable growth. Its core offerings include investment management services, project financing, and consultancy in green industry developments.

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 is facing financial challenges with declining revenue, negative profitability, and increasing leverage. Despite a strong EBITDA margin, the lack of positive cash flow and high debt levels present substantial risks.

Income Statement

The income statement shows a significant decline in total revenue from 2020 to 2024, with a sharp decrease in 2024 leading to a negative net income. The gross profit margin decreased from 57% in 2020 to 35% in 2024, and the net profit margin turned negative in 2024. Revenue growth has been negative over the years, indicating challenges in maintaining sales momentum. However, the company maintained a strong EBITDA margin of 53% in 2024, which is a positive sign of operational efficiency.

Balance Sheet

The company's debt-to-equity ratio increased significantly, indicating higher leverage risks. The stockholders' equity decreased over the years, but the equity ratio remained relatively stable at around 19% in 2024. The return on equity fell sharply due to negative net income, reducing shareholder value. Despite increasing total debt, the company has maintained a solid level of cash and equivalents to support liquidity needs.

Cash Flow

Cash flow statements reveal zero operating and free cash flow in 2024, signaling potential liquidity constraints. The operating cash flow to net income ratio has deteriorated due to negative net income, and the free cash flow to net income ratio is nonexistent for 2024. Cash flow from operations was strong in previous years, but the absence of positive cash flow in the latest period raises concerns about the company's ability to finance its operations without external funding.

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	105.06M	98.89M	182.51M
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	213.68M	581.67M	61.50M
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: 2.55
• 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 2.55 is below the 20-day moving average (MA) of 2.62, below the 50-day MA of 2.63, and below the 200-day MA of 2.57, indicating a bearish trend. The MACD of >-0.01 indicates Positive momentum. The RSI at 46.82 is Neutral, neither overbought nor oversold. The STOCH value of 23.83 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	$13.16B	19.36	5.10%	1.54%	-9.23%	40.52%
Sector *	58 Neutral	HK$18.72B	4.99	-7.29%	3.71%	-4.16%	-49.06%
0695	56 Neutral	HK$2.53B	―	-9.39%	―	-27.23%	-60.42%
0691	56 Neutral	HK$3.88B	25.14	0.80%	―	-14.85%	―
1313	50 Neutral	$13.41B	35.29	0.79%	1.52%	―	―
1847	49 Neutral	HK$105.77M	―	-9.48%	―	-50.95%	-223.78%
2450	48 Neutral		65.45	-4.65%	1.21%	-20.39%	-157.60%

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

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.

Huaibei GreenGold Delays Circular Dispatch for Key Agreements

Huaibei GreenGold Industry Investment Co., Ltd. announced a delay in the dispatch of a circular related to its Products Sales Framework Agreement and Construction Project Framework Agreement. The delay is due to the need for additional time to finalize certain information, with the new dispatch date set on or before June 27, 2025. This postponement may impact the company’s timeline for executing these agreements, potentially affecting its operational plans and stakeholder expectations.

Huaibei GreenGold Successfully Concludes 2024 AGM with Unanimous Shareholder Support

Huaibei GreenGold Industry Investment Co., Ltd., a joint stock company incorporated in China, successfully held its 2024 Annual General Meeting on May 29, 2025. During the AGM, all proposed resolutions were passed unanimously by shareholders, including the approval of the board’s report, the audited financial statements for 2024, and the re-appointment of Cheng & Cheng Limited as the company’s auditor. Additionally, a special resolution was passed granting the board a mandate to issue additional shares, reflecting strong shareholder support and potentially enhancing the company’s capital structure.

Huaibei GreenGold Announces Key Changes in Corporate Governance

Huaibei GreenGold Industry Investment Co., Ltd., a joint stock company incorporated in China, has announced significant changes in its corporate governance structure. The company has accepted the resignations of Ms. Lu Junzhe and Mr. Li Kin Wai as joint company secretaries, authorized representatives, and process agents, effective May 29, 2025. The board has appointed Ms. Tam Pak Yu, Vivien, as the new company secretary, authorized representative, and process agent, and Mr. Yao Minglei as an authorized representative. These changes are aimed at strengthening the company’s governance and operational efficiency.

Huaibei GreenGold Announces Change of Hong Kong Business Address

Huaibei GreenGold Industry Investment Co., Ltd. has announced a change in the address of its principal place of business in Hong Kong, effective from May 29, 2025. This relocation to the 40th Floor of Dah Sing Financial Centre in Wanchai, Hong Kong, may impact the company’s operational logistics and accessibility for stakeholders.