Luyuan Group Holding (Cayman) Limited (2451) AI Stock Analysis

• Market Cap: HK$4.30B
• Dividend Yield: 1.49%
• Average Volume (3M): 317.12K
• Price to Earnings (P/E): 22.6
• Beta (1Y): 0.04
• Revenue Growth: 8.84%
• EPS Growth: 13.88%
• Country: HK
• Employees: 3,085
• Sector: Consumer Cyclical
• Sector Strength: 84
• Industry: Auto - Manufacturers
• EPS (TTM): 0.31
• Shares Outstanding: 426,667,000
• 10 Day Avg. Volume: 299,850
• 30 Day Avg. Volume: 317,116
• PEG Ratio: N/A
• Price to Book (P/B): N/A
• Price to Sales (P/S): N/A
• P/FCF Ratio: N/A
• 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$9.50
• Price Target Upside: -5.75% Downside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 1

• Rating: 70 Outperform
• Price Target: HK$9.50 ▼(-5.75% Downside)

The overall stock score is driven by strong technical analysis, indicating positive market momentum. However, financial performance is moderate due to challenges in revenue growth and cash flow. The high valuation limits the score, as the stock appears expensive relative to its earnings.

Luyuan Group Holding (Cayman) Limited Business Overview & Revenue Model

Company Description

Luyuan Group Holding (Cayman) Limited, through its subsidiaries, engages in the design, research, development, manufacturing, and selling of electric two-wheeled vehicles in the People's Republic of China. It offers electric two-wheeled vehicles, such as electric motorcycles, electric mopeds, and electric bicycles; and special function vehicles, batteries, and other vehicle parts. The company was founded in 2003 and is headquartered in Jinhua, China.

How the Company Makes Money

Luyuan Group Holding (Cayman) Limited generates revenue primarily through the sale of its electric two-wheeler products. The company leverages its manufacturing capabilities to produce a wide range of electric scooters and motorcycles, catering to both domestic and international markets. In addition to direct sales, the company may also engage in strategic partnerships with distributors and retailers to expand its market reach. The rise in demand for eco-friendly transportation, along with supportive government policies promoting electric vehicles, significantly contributes to the company's earnings. Furthermore, the company might explore additional revenue streams through after-sales services, spare parts, and accessories, providing a comprehensive ecosystem for its products.

Luyuan Group Holding (Cayman) Limited Financial Statement Overview

Summary

Luyuan Group Holding shows solid profitability and a stable balance sheet, but recent challenges in revenue growth and cash flow generation could impact future performance. The company needs to address operational efficiencies and cash flow management to sustain long-term growth.

Income Statement

The company shows a solid gross profit margin and consistent net profit margins over the years. However, recent revenue growth has been stagnant, with a slight decline in the latest year. EBIT and EBITDA margins have also decreased, indicating potential challenges in operational efficiency.

Balance Sheet

The balance sheet reflects a moderate debt-to-equity ratio, suggesting manageable leverage. The return on equity has been stable, but the equity ratio indicates a lower proportion of equity financing, which could pose risks if liabilities increase.

Cash Flow

The cash flow statement reveals a concerning decline in free cash flow, with negative growth in the latest year. Operating cash flow has also turned negative, which may impact the company's ability to fund operations without external financing.

Breakdown	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	5.07B	5.08B	4.78B	3.42B	2.38B
Gross Profit	665.01M	681.24M	561.33M	387.11M	286.22M
EBITDA	169.30M	264.85M	222.43M	140.38M	110.01M
Net Income	116.76M	145.61M	118.03M	59.26M	40.29M
Balance Sheet
Total Assets	4.32B	3.86B	3.18B	2.67B	1.57B
Cash, Cash Equivalents and Short-Term Investments	1.38B	1.79B	1.14B	811.00M	434.77M
Total Debt	1.02B	650.72M	661.69M	671.92M	160.30M
Total Liabilities	2.83B	2.33B	2.50B	2.11B	1.07B
Stockholders Equity	1.50B	1.53B	679.84M	560.10M	501.70M
Cash Flow
Free Cash Flow	-436.49M	57.32M	276.17M	-201.72M	-96.25M
Operating Cash Flow	-3.12M	260.63M	509.89M	144.39M	-10.37M
Investing Cash Flow	-448.64M	-310.78M	-294.10M	-562.52M	-31.06M
Financing Cash Flow	12.91M	654.71M	-44.86M	464.85M	8.37M

Luyuan Group Holding (Cayman) Limited Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 10.08
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Positive
• RSI: Neutral
• STOCH: Positive

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For HK:2451, the sentiment is Positive. The current price of 10.08 is below the 20-day moving average (MA) of 10.08, above the 50-day MA of 9.06, and above the 200-day MA of 7.55, indicating a neutral trend. The MACD of 0.39 indicates Positive momentum. The RSI at 55.61 is Neutral, neither overbought nor oversold. The STOCH value of 15.59 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for HK:2451.

Luyuan Group Holding (Cayman) Limited Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
2451	70 Outperform	HK$4.30B	22.59	10.17%	1.49%	8.84%	13.88%
1585	65 Neutral	HK$39.87B	19.99	14.53%	1.65%	2.41%	-25.60%
9868	61 Neutral	HK$172.90B	-37.19	-18.51%	―	65.91%	48.38%
9866	57 Neutral	HK$118.38B	-4.54	-379.72%	―	9.20%	-5.48%
1958	55 Neutral	HK$16.83B	-23.31	1.67%	4.76%	-6.72%	-130.82%
9863	48 Neutral	HK$88.94B	-140.57	-28.01%	―	139.96%	86.07%
Sector *	61 Neutral	$18.38B	12.79	-2.54%	3.03%	1.52%	-15.83%

Luyuan Group Holding (Cayman) Limited Corporate Events

Luyuan Group Updates Nomination Committee Structure

Luyuan Group Holding (Cayman) Limited has revised the terms of reference for its Nomination Committee, effective July 3, 2025. The committee, established by the board on August 21, 2023, will consist of a majority of independent non-executive directors, including at least one member of a different gender. This move reflects the company’s commitment to diversity and structured governance, potentially enhancing its industry positioning and stakeholder confidence.

Luyuan Group Announces Grant of Post-IPO Share Options

Luyuan Group Holding (Cayman) Limited has announced the grant of 6,348,000 Post-IPO Share Options to 102 eligible participants under its Post-IPO Share Scheme. This grant, representing approximately 1.55% of the company’s total shares, is part of the company’s strategy to incentivize and retain key personnel. The share options will vest in three tranches over a period from 2026 to 2035, contingent upon the grantees meeting specific performance targets.

Luyuan Group Announces Unanimous Approval of AGM Resolutions

Luyuan Group Holding (Cayman) Limited announced the successful completion of its Annual General Meeting held on May 22, 2025. During the meeting, all proposed resolutions were unanimously passed, including the adoption of the company’s audited financial statements for 2024, the declaration of a final dividend, the re-election of directors, and the re-appointment of PricewaterhouseCoopers as the company’s auditor. This outcome reflects strong shareholder support and positions the company for continued stability and growth.