Henan Jinyuan Hydrogenated Chemicals Co., Ltd. Class H (2502) AI Stock Analysis

• Market Cap: HK$635.50M
• Dividend Yield: 5.78%
• Average Volume (3M): 206.30K
• Price to Earnings (P/E): 7.3
• Beta (1Y): 0.27
• Revenue Growth: 2.76%
• EPS Growth: -293.57%
• Country: HK
• Employees: 402
• Sector: Basic Materials
• Sector Strength: 58
• Industry: Chemicals - Specialty
• EPS (TTM): -0.02
• Shares Outstanding: 955,640,000
• 10 Day Avg. Volume: 195,200
• 30 Day Avg. Volume: 206,300
• PEG Ratio: 0.23
• Price to Book (P/B): 0.49
• Price to Sales (P/S): 0.16
• P/FCF Ratio: 35.06
• 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$0.50
• Price Target Upside: 25.00% Upside
• Rating Consensus: Hold
• Number of Analyst Covering: 0

• Rating: 52 Neutral
• Price Target: HK$0.50 ▲(25.00% Upside)

The overall stock score reflects mixed financial performance and bearish technical indicators. While revenue growth is positive, profitability issues and negative earnings weigh heavily. The stock's high dividend yield offers some appeal, but technical analysis suggests caution due to bearish momentum.

Henan Jinyuan Hydrogenated Chemicals Co., Ltd. Class H Business Overview & Revenue Model

Company Description

Henan Jinyuan Hydrogenated Chemicals Co., Ltd. engages in the processing, production, distribution, and sale of hydrogenated benzene-based chemicals and energy products in the People's Republic of China. Its hydrogenated benzene-based chemicals include pure benzene, toluene, and xylene; and energy products comprising liquefied natural gas (LNG) and coal gas. The company is also involved in the trading and retail of LNG and oil products; operation of oil and gas stations; steam services; and provision of multimodal transportation, warehousing, and distribution services for coal products. It serves nylon and fertilizers manufacturers, refined oil manufacturers, and other chemical companies, as well as industrial users, and trading and retail customers. The company was incorporated in 2012 and is headquartered in Jiyuan, China. Henan Jinyuan Hydrogenated Chemicals Co., Ltd. operates as a subsidiary of Henan Jinma Energy Company Limited.

How the Company Makes Money

Henan Jinyuan Hydrogenated Chemicals Co., Ltd. generates revenue primarily through the sale of its hydrogenated chemical products. The company's key revenue streams include direct sales to industrial clients in sectors like pharmaceuticals and agrochemicals, as well as distribution partnerships that help expand its market reach. Additionally, Henan Jinyuan may engage in strategic collaborations or joint ventures to enhance its product offerings and access new markets, thereby contributing to its earnings.

Henan Jinyuan Hydrogenated Chemicals Co., Ltd. Class H Financial Statement Overview

Summary

Henan Jinyuan Hydrogenated Chemicals Co., Ltd. shows mixed financial performance. Revenue growth is positive, but profitability and net income have declined, impacting overall financial health. The balance sheet remains stable with manageable debt levels, but cash flow management needs improvement to support sustainable growth.

Income Statement

The company has experienced fluctuating revenue growth, with a recent increase of 33.1% from 2023 to 2024. However, profitability metrics such as gross profit margin (2.31%) and net profit margin (-0.52%) are weak, indicating challenges in cost management and profitability. The negative net income in 2024 highlights financial instability.

Balance Sheet

The balance sheet shows a moderate debt-to-equity ratio of 0.34, suggesting manageable leverage. The equity ratio is strong at 58.76%, indicating a solid equity base. However, the return on equity has turned negative, reflecting recent profitability issues.

Cash Flow

Cash flow analysis reveals a positive operating cash flow to net income ratio of -6.04, indicating efficient cash generation despite net losses. Free cash flow has improved significantly, but the free cash flow to net income ratio remains negative due to the net loss.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	2.94B	3.10B	2.33B	2.30B	1.48B	1.08B
Gross Profit	22.36M	71.64M	148.80M	285.51M	142.80M	91.41M
EBITDA	29.36M	77.03M	163.47M	294.84M	168.50M	115.65M
Net Income	-66.50M	-16.04M	54.92M	138.23M	72.47M	29.09M
Balance Sheet
Total Assets	1.61B	1.68B	1.66B	1.08B	971.94M	969.90M
Cash, Cash Equivalents and Short-Term Investments	375.55M	352.62M	300.71M	92.47M	50.08M	54.44M
Total Debt	369.73M	338.27M	262.97M	165.30M	51.17M	82.30M
Total Liabilities	545.87M	584.85M	535.95M	355.88M	418.55M	466.66M
Stockholders Equity	965.11M	985.37M	1.02B	573.79M	457.93M	400.56M
Cash Flow
Free Cash Flow	-19.90M	13.82M	-43.95M	199.74M	44.27M	-21.69M
Operating Cash Flow	35.60M	96.86M	104.46M	318.82M	94.88M	50.62M
Investing Cash Flow	-222.25M	-268.86M	-71.06M	-150.12M	-58.70M	-77.35M
Financing Cash Flow	-43.37M	2.49M	204.95M	-139.06M	-44.28M	12.71M

Henan Jinyuan Hydrogenated Chemicals Co., Ltd. Class H Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 0.40
• 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:2502, the sentiment is Negative. The current price of 0.4 is below the 20-day moving average (MA) of 0.41, below the 50-day MA of 0.47, and below the 200-day MA of 0.42, indicating a bearish trend. The MACD of -0.03 indicates Positive momentum. The RSI at 39.30 is Neutral, neither overbought nor oversold. The STOCH value of 46.11 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for HK:2502.

Henan Jinyuan Hydrogenated Chemicals Co., Ltd. Class H Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
0408	74 Outperform	$1.04B	8.00	3.36%	8.15%	-5.37%	25.20%
2116	68 Neutral	HK$220.80M	12.11	7.30%	2.17%	29.04%	-1.55%
Sector *	61 Neutral	$10.43B	7.12	-0.05%	2.87%	2.86%	-36.73%
1986	53 Neutral	HK$742.28M	55.38	-1.52%	5.63%	0.37%	-331.54%
2502	52 Neutral	HK$635.50M	7.33	-6.64%	5.78%	2.76%	-293.57%
0301	46 Neutral	HK$588.07M	―	-14.53%	―	0.35%	-153.95%
0377	39 Underperform	HK$62.77M	―	―	―	-15.10%	31.07%

Henan Jinyuan Hydrogenated Chemicals Co., Ltd. Class H Corporate Events

Henan Jinyuan Reports Interim Loss Amidst Revenue Decline

Henan Jinyuan Hydrogenated Chemicals Co., Ltd. reported its interim financial results for the first half of 2025, showing a revenue of RMB1,442.2 million and a loss attributable to owners of RMB20.2 million. The company experienced a decline in gross profit and a net loss for the period, indicating challenges in maintaining profitability amidst market conditions.

The most recent analyst rating on (HK:2502) stock is a Hold with a HK$0.50 price target. To see the full list of analyst forecasts on Henan Jinyuan Hydrogenated Chemicals Co., Ltd. Class H stock, see the HK:2502 Stock Forecast page.

Henan Jinyuan Settles Taxes and Reduces Non-Aromatic Hydrocarbon Sales

Henan Jinyuan Hydrogenated Chemicals Co., Ltd. announced that it has settled all relevant consumption taxes with the tax authorities by the end of June 2025, which were already accounted for in its 2024 financial results. Consequently, there is no financial impact on the company’s results for the first half of 2025. The company has significantly reduced its production and sales of non-aromatic hydrocarbons in the first half of 2025, anticipating a decrease in sales for the entire year compared to 2024, thus minimizing the financial impact of the consumption tax.

Henan Jinyuan Issues Profit Warning Amidst Declining Margins

Henan Jinyuan Hydrogenated Chemicals Co., Ltd. has issued a profit warning, indicating an expected loss of approximately RMB20.1 million for the first half of 2025. This downturn is attributed to a reduction in the gross profit margin of its main product, hydrogenated benzene-based chemicals, due to a price decrease that outpaced the reduction in raw material costs. The company advises caution for shareholders and potential investors as the financial results are yet to be finalized and audited.

Henan Jinyuan Hydrogenated Chemicals Announces Upcoming Board Meeting

Henan Jinyuan Hydrogenated Chemicals Co., Ltd. has announced a board meeting scheduled for August 26, 2025, to discuss and potentially approve the unaudited interim results for the first half of 2025 and consider the payment of an interim dividend. This meeting could have significant implications for the company’s financial performance and shareholder returns, as it will address key financial results and potential dividend distributions.

Henan Jinyuan Confirms No Change in Controlling Shareholder

Henan Jinyuan Hydrogenated Chemicals Co., Ltd. announced that there is no change in the shareholding of its controlling shareholder, Jinma Energy. Despite a termination notice served by Jinma Coking to Beijing Weigang regarding the sale of shares, Jinma Energy remains under the control of Mr. Yiu. This development is not expected to have any material impact on the financial position or operations of the company.