Huajin International Holdings Ltd. (HK:2738)
:2738
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Huajin International Holdings Ltd.
(2738)
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Rating:40Underperform
Price Target:
HK$0.06
▼(-77.93% Downside)
Action:Reiterated
Date:05/21/26
Overall score is low primarily due to severely weakened financial performance (sharp revenue collapse, large losses, negative equity, and persistent cash burn). Technicals also remain decisively bearish with the stock far below key moving averages and negative MACD. Valuation provides limited support because earnings are negative and no dividend yield is available.
Positive Factors
Prior profitability history
Historical profitability in 2020, 2021 and 2023 indicates the business model and operations can generate earnings under favorable conditions. That track record supports the structural ability to restore margins if demand or pricing normalizes, reflecting operational know-how rather than a one-off result.
Negative Factors
Severe revenue collapse & margin loss
A roughly 75% revenue collapse with broadly collapsed margins indicates a fundamental loss of demand, pricing power, or market share. Such deep top-line and margin deterioration undermines sustainable profitability and suggests structural weaknesses in competitiveness or customer contracts that take long to reverse.
Read all positive and negative factors
Positive Factors
Negative Factors
Prior profitability history
Historical profitability in 2020, 2021 and 2023 indicates the business model and operations can generate earnings under favorable conditions. That track record supports the structural ability to restore margins if demand or pricing normalizes, reflecting operational know-how rather than a one-off result.
Read all positive factors
Huajin International Holdings Ltd. (2738) vs. iShares MSCI Hong Kong ETF (EWH)
Market Cap
HK$40.20M
Dividend YieldN/A
Average Volume (3M)258.67K
Price to Earnings (P/E)―
Beta (1Y)0.63
Revenue Growth-85.49%
EPS Growth-1298.48%
CountryHK
Employees1,492
SectorBasic Materials
Sector Strength58
IndustrySteel
Share Statistics
EPS (TTM)-2.12
Shares Outstanding600,000,000
10 Day Avg. Volume371,400
30 Day Avg. Volume258,666
Financial Highlights & Ratios
PEG Ratio>-0.01
Price to Book (P/B)-0.18
Price to Sales (P/S)0.18
P/FCF Ratio-0.58
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
Huajin International Holdings Ltd. Business Overview & Revenue Model
Company Description
Huajin International Holdings Limited, an investment holding company, engages in the production and sale of cold-rolled and galvanized steel products in the People's Republic of China and Southeast Asia. The company offers cold-rolled carbon steel...
Huajin International Holdings Ltd. Financial Statement Overview
Summary
Income Statement
12
Very Negative
Balance Sheet
18
Very Negative
Cash Flow
14
Very Negative
| Breakdown | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 861.27M | 5.90B | 6.59B | 4.66B | 5.29B |
| Gross Profit | -692.77M | 31.67M | 296.55M | -20.13M | 208.75M |
| EBITDA | -780.52M | -79.50M | 173.49M | -105.88M | 120.84M |
| Net Income | -1.27B | -91.03M | 85.66M | -165.30M | 62.04M |
Balance Sheet | |||||
| Total Assets | 2.34B | 3.72B | 3.79B | 2.80B | 2.40B |
| Cash, Cash Equivalents and Short-Term Investments | 16.73M | 35.27M | 98.39M | 16.09M | 22.57M |
| Total Debt | 2.27B | 2.52B | 2.29B | 1.52B | 1.23B |
| Total Liabilities | 3.19B | 3.29B | 3.27B | 2.37B | 1.82B |
| Stockholders Equity | -849.75M | 422.03M | 512.83M | 425.34M | 586.98M |
Cash Flow | |||||
| Free Cash Flow | -258.90M | -1.38B | -920.90M | -454.62M | -163.35M |
| Operating Cash Flow | -175.85M | -914.76M | -371.98M | -348.72M | -36.46M |
| Investing Cash Flow | -69.76M | -388.19M | -603.02M | -172.57M | -180.95M |
| Financing Cash Flow | 62.49M | 1.24B | 1.06B | 514.83M | 193.68M |
Huajin International Holdings Ltd. Technical Analysis
Negative
0.29
Price Trends
0.18
Negative
0.23
Negative
0.26
Negative
Market Momentum
-0.03
Positive
15.51
Positive
13.01
Positive
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For HK:2738, the sentiment is Negative. The current price of 0.29 is above the 20-day moving average (MA) of 0.14, above the 50-day MA of 0.18, and above the 200-day MA of 0.26, indicating a bearish trend. The MACD of -0.03 indicates Positive momentum. The RSI at 15.51 is Positive, neither overbought nor oversold. The STOCH value of 13.01 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for HK:2738.
Huajin International Holdings Ltd. Peers Comparison
UnderperformOutperform
Sector (61)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
67 Neutral | HK$557.75M | 5.21 | 4.40% | ― | -16.71% | -56.57% | |
63 Neutral | HK$635.32M | 6.91 | 6.04% | 5.81% | 1.35% | -20.70% | |
61 Neutral | $10.43B | 7.12 | -0.05% | 2.87% | 2.86% | -36.73% | |
53 Neutral | HK$303.34M | 1.07 | 16.63% | ― | -20.11% | 15.44% | |
51 Neutral | HK$1.14B | 28.73 | 1.06% | 2.77% | 1.14% | 28.45% | |
49 Neutral | HK$845.31M | 15.18 | 0.60% | 1.61% | 4.77% | 23.08% | |
40 Underperform | HK$40.20M | -0.12 | 264.73% | ― | -85.49% | -1298.48% |
* Basic Materials Sector Average
HK:2738
Huajin International Holdings Ltd.
0.07
-0.11
-62.78%
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4.82%
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<0.01
0.43%
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0.14
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0.54
142.11%
Huajin International Holdings Ltd. Corporate Events
Huajin International Switches Auditor From Deloitte to KTC Amid Fee Dispute
May 5, 2026
Huajin International Holdings has replaced long-time auditor Deloitte Touche Tohmatsu with KTC Partners CPA for its 2025 financial year audit after failing to reach agreement on Deloitte’s proposed fee increase. The change followed extensive...
Huajin International Faces Court Enforcement and Executive Spending Curbs Over Debt Disputes
May 4, 2026
Huajin International Holdings has disclosed that two of its mainland subsidiaries have become subject to enforcement actions over debt disputes linked mainly to failure to arrange delivery of goods and unpaid amounts under finance lease arrangemen...
Huajin International Sets 2026 AGM to Approve Accounts, Board Changes and Share Issue Mandate
Apr 28, 2026
Huajin International Holdings has convened its annual general meeting for 25 June 2026 in Hong Kong, where shareholders will review and adopt the audited consolidated financial statements and the directors’ and independent auditor’s re...
Huajin International Swings to Deep Loss on Revenue Collapse and Impairments
Mar 31, 2026
Huajin International Holdings reported a sharp deterioration in 2025 results, with revenue falling to RMB861.3 million from RMB5.90 billion in 2024 and cost of sales still exceeding turnover, pushing the group into a gross loss of RMB638.7 million...
Huajin International Flags Over RMB1.1 Billion Loss on Weak Demand and Restructuring Costs
Mar 26, 2026
Huajin International Holdings has warned that it expects a sharp escalation in losses for 2025, projecting a net loss attributable to shareholders of between RMB1.18 billion and RMB1.28 billion, compared with an audited net loss of about RMB91.2 m...
Huajin International Sets March 31 Board Meeting to Approve 2025 Results
Mar 18, 2026
Huajin International Holdings Ltd. has scheduled a board meeting for 31 March 2026 to review and approve the annual results of the company and its subsidiaries for the year ended 31 December 2025. The board will also consider the declaration and p...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.