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

• Market Cap: HK$3.63B
• Dividend Yield: 1.76%
• Average Volume (3M): 493.57K
• Price to Earnings (P/E): 26.6
• Beta (1Y): <0.01
• Revenue Growth: -2.07%
• EPS Growth: -17.56%
• Country: HK
• Employees: 3,085
• Sector: Consumer Cyclical
• Sector Strength: 64
• Industry: Auto - Manufacturers
• EPS (TTM): 0.31
• Shares Outstanding: 426,667,000
• 10 Day Avg. Volume: 1,063,850
• 30 Day Avg. Volume: 493,566
• PEG Ratio: -0.81
• Price to Book (P/B): 1.91
• Price to Sales (P/S): 0.00
• P/FCF Ratio: -31.26
• 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$9.00
• Price Target Upside: 6.01% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 0

• Rating: 70 Outperform
• Price Target: HK$9.50 ▲(11.90%Upside)

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 is a company operating in the electric vehicle industry, primarily focusing on the design, development, manufacturing, and sale of electric two-wheelers, including electric motorcycles and scooters. The company is known for its innovation in producing environmentally friendly transportation solutions that cater to the growing demand for sustainable mobility options.

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

The company has shown consistent revenue growth and a stable gross profit margin, suggesting strong cost management. However, challenges include a decrease in EBIT margin and cash flow management issues, with negative free cash flow in 2024.

Income Statement

The company has shown a consistent revenue growth from 2020 to 2023, with a slight decline in 2024. Gross profit margin remained relatively stable, indicating strong cost management. However, there was a noticeable decrease in EBIT margin from 2023 to 2024, which may suggest rising operational costs. Despite these challenges, the company maintained a reasonable net profit margin.

Balance Sheet

The balance sheet reflects a healthy equity position with a strong equity ratio, indicating financial stability. The debt-to-equity ratio remains manageable, although total debt increased significantly in 2024. Return on equity improved over the years, showcasing effective use of equity capital.

Cash Flow

The cash flow situation shows some volatility, with free cash flow turning negative in 2024 due to zero reported operating and capital expenditures. This could indicate potential cash flow management challenges. The positive free cash flow growth in earlier years reflects previous efficiency in cash utilization.

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: 8.49
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

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 8.49 is above the 20-day moving average (MA) of 8.03, above the 50-day MA of 7.99, and above the 200-day MA of 6.88, indicating a bullish trend. The MACD of 0.06 indicates Negative momentum. The RSI at 64.27 is Neutral, neither overbought nor oversold. The STOCH value of 56.63 is Neutral, 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$3.63B	26.56	7.73%	1.76%	-2.07%	-17.56%
1585	68 Neutral	HK$39.30B	28.79	14.85%	1.67%	-20.31%	-52.99%
1958	64 Neutral	$17.71B	17.09	1.66%	6.45%	-4.64%	-69.72%
Sector *	57 Neutral	HK$25.34B	4.18	-2.03%	5.87%	-0.23%	-68.02%
9863	54 Neutral	HK$83.83B	―	-24.98%	―	89.72%	40.14%
9868	54 Neutral	HK$143.08B	―	-15.50%	―	49.80%	50.02%
9866	50 Neutral	HK$79.23B	―	-239.29%	―	22.93%	4.35%

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.