Folangsi Co., Limited Class H (2499) AI Stock Analysis

• Market Cap: HK$1.76B
• Dividend Yield: 0.65%
• Average Volume (3M): 171.45K
• Price to Earnings (P/E): 15.9
• Beta (1Y): 0.12
• Revenue Growth: 15.31%
• EPS Growth: 222.54%
• Country: HK
• Employees: 2,013
• Sector: Industrials
• Sector Strength: 79
• Industry: Agricultural - Machinery
• EPS (TTM): 0.32
• Shares Outstanding: 249,651,700
• 10 Day Avg. Volume: 39,460
• 30 Day Avg. Volume: 171,453
• 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$5.00
• Price Target Upside: -1.19% Downside
• Rating Consensus: Hold
• Number of Analyst Covering: 0

• Rating: 60 Neutral
• Price Target: HK$5.00 ▼(-1.19% Downside)

The overall stock score of 60 reflects a balance between strong financial performance and weak technical indicators. The company's revenue growth and profitability are positive, but high leverage and cash flow concerns present risks. Additionally, the stock's technical weakness suggests caution, while valuation metrics indicate moderate pricing.

Folangsi Co., Limited Class H Business Overview & Revenue Model

Company Description

Folangsi Co., Ltd., provides on-site logistics equipment solutions in China. It offers intralogistics equipment subscription; maintenance and repair services; sales of intralogistics equipment and parts; and an intelligent asset and operation management platform. The company's intralogistics equipment includes counterbalanced, reach, and warehouse forklifts. Folangsi Co., Ltd. was incorporated in 2007 and is headquartered in Guangzhou, China.

How the Company Makes Money

Folangsi Co., Limited generates revenue through the sale and leasing of its material handling equipment, such as forklifts and warehouse machinery. The company maintains a diversified revenue model by offering both new and used equipment, catering to different budgetary needs of its clients. Additionally, Folangsi Co. earns income through after-sales services, including maintenance, repair, and spare parts sales, which provide ongoing support to customers. Strategic partnerships with suppliers and distributors also play a significant role in expanding the company's market reach and enhancing its sales channels.

Folangsi Co., Limited Class H Financial Statement Overview

Summary

Folangsi Co., Limited Class H demonstrates strong revenue growth and improved profitability, with a solid equity position. However, the company faces challenges with high leverage and cash flow management, which require attention to ensure sustainable growth and financial stability.

Income Statement

The company shows a strong revenue growth trajectory with a notable increase in total revenue from the previous year by approximately 17.4%. Gross profit margin is healthy at 28.8%, indicating effective cost management. Net profit margin improved significantly to 6.3%, driven by increased net income, highlighting improved profitability. However, the EBIT margin is a moderate 10.3%, suggesting potential room for operational efficiency improvements.

Balance Sheet

The balance sheet reflects a solid equity position with a debt-to-equity ratio of 1.71, indicating moderate leverage. Return on equity stands at 8.6%, showing satisfactory use of equity to generate profits. The equity ratio is 31.2%, suggesting a balanced asset financing approach. However, the relatively high debt level poses potential financial risk.

Cash Flow

Cash flow analysis indicates challenges, with the absence of reported operating and free cash flow data for the latest period impacting clarity. Historical data shows variability in cash flow generation, which could indicate potential liquidity management issues. The company needs to improve cash flow visibility and stability to better support operations and growth.

Breakdown	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	1.61B	1.37B	1.19B	1.17B	980.64M
Gross Profit	463.73M	417.40M	361.66M	374.17M	330.18M
EBITDA	375.24M	363.53M	544.88M	522.51M	444.26M
Net Income	101.96M	31.22M	35.40M	55.18M	54.21M
Balance Sheet
Total Assets	3.78B	3.15B	2.66B	2.56B	2.18B
Cash, Cash Equivalents and Short-Term Investments	154.90M	210.19M	151.49M	232.92M	115.07M
Total Debt	2.01B	1.58B	1.37B	1.33B	1.17B
Total Liabilities	2.60B	2.07B	1.76B	1.70B	1.49B
Stockholders Equity	1.18B	1.08B	899.46M	864.06M	683.56M
Cash Flow
Free Cash Flow	474.98M	252.63M	300.12M	242.39M	293.68M
Operating Cash Flow	626.67M	506.98M	522.19M	527.63M	451.58M
Investing Cash Flow	-172.47M	-253.68M	-226.17M	-285.36M	-157.64M
Financing Cash Flow	-452.01M	-175.20M	-363.55M	-137.72M	-328.38M

Folangsi Co., Limited Class H Technical Analysis

• Technical Analysis Sentiment: Neutral
• Last Price: 5.06
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Negative
• RSI: Neutral
• STOCH: Negative

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For HK:2499, the sentiment is Neutral. The current price of 5.06 is above the 20-day moving average (MA) of 4.97, below the 50-day MA of 5.28, and below the 200-day MA of 6.89, indicating a neutral trend. The MACD of -0.08 indicates Negative momentum. The RSI at 47.58 is Neutral, neither overbought nor oversold. The STOCH value of 97.62 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for HK:2499.

Folangsi Co., Limited Class H Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
2499	60 Neutral	HK$1.76B	15.90	9.06%	0.65%	15.31%	222.54%
Sector *	58 Neutral	HK$13.91B	4.82	-3.70%	5.62%	2.15%	-62.33%
CHSTF	―	$274.60M	―	-70.25%	―	―	―
1Q2	―	€141.53M	―	-8.98%	―	―	―
1596	―	HK$754.19M	45.95	-2.10%	2.21%	―	―
2102	64 Neutral	HK$214.00M	16.98	2.83%	6.52%	9.25%	23.53%
3626	55 Neutral	HK$1.50B	539.01	6.45%	―	57.28%	―

Folangsi Co., Limited Class H Corporate Events

Folangsi Co., Limited Announces Unanimous Approval of AGM Resolutions

Folangsi Co., Limited held its annual general meeting on June 13, 2025, where all proposed resolutions were unanimously approved by shareholders. The resolutions included the approval of the company’s audited financial statements, reports from the Board of Directors and Supervisory Committee, the annual report, profit distribution plan, remuneration plan, and the re-appointment of Ernst & Young as auditors for 2025. This unanimous approval reflects strong shareholder support and positions the company for continued stability and growth in its operations.

Folangsi Co., Limited Updates Final Dividend Payment Details

Folangsi Co., Limited has announced an update regarding its final cash dividend for the year ended December 31, 2024. The dividend declared is RMB 0.0293 per share, which will be paid in Hong Kong dollars at a rate of HKD 0.032 per share. The ex-dividend date is set for June 17, 2025, with the payment date scheduled for August 13, 2025. The announcement also outlines the withholding tax rates applicable to different categories of shareholders, emphasizing the tax implications for non-resident and resident shareholders based on their registered address and applicable tax treaties.

Folangsi Co., Ltd Completes H Share Full Circulation

Folangsi Co., Ltd, a joint stock company incorporated in the People’s Republic of China, has completed the conversion of 43,056,968 Unlisted Shares into H Shares, with the listing of these shares on the Hong Kong Stock Exchange commencing on May 15, 2025. This conversion significantly alters the company’s shareholding structure, increasing the proportion of H Shares to 71.73% of the total issued shares, which may impact the company’s market dynamics and stakeholder interests.

Folangsi Co., Ltd Announces 2025 Annual General Meeting and Key Resolutions

Folangsi Co., Ltd has announced its upcoming annual general meeting scheduled for June 13, 2025, in Guangzhou City, China. The agenda includes the approval of financial statements, reports from the Board of Directors and Supervisory Committee, a profit distribution plan, and the re-appointment of Ernst & Young as auditors. Additionally, a special resolution will be considered to grant the Board of Directors a mandate to issue additional shares and amend the Articles of Association accordingly, which could impact the company’s capital structure and market positioning.