Zhongliang Holdings Group Company Limited (2772) AI Stock Analysis

• Market Cap: HK$303.17M
• Dividend Yield: N/A
• Average Volume (3M): 1.56M
• Price to Earnings (P/E): ―
• Beta (1Y): 3.08
• Revenue Growth: -63.41%
• EPS Growth: 77.97%
• Country: HK
• Employees: 2,150
• Sector: Real Estate
• Sector Strength: 53
• Industry: Real Estate - Development
• EPS (TTM): -0.20
• Shares Outstanding: 4,393,748,000
• 10 Day Avg. Volume: 2,277,050
• 30 Day Avg. Volume: 1,562,166
• PEG Ratio: <0.01
• Price to Book (P/B): 0.08
• Price to Sales (P/S): 0.00958
• P/FCF Ratio: -0.14
• 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: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 40 Underperform
• Price Target: HK$0.07 ▼(-2.86% Downside)

Zhongliang Holdings faces significant financial challenges, with declining revenues and negative cash flows being the most impactful factors. The technical analysis indicates a bearish trend, and the valuation metrics are unattractive, contributing to a low overall stock score.

Positive Factors

Management Quality

The company's commitment to quality and sustainability in its projects suggests a strong management focus on long-term value creation and customer satisfaction.

Revenue Model

Zhongliang's diversified revenue streams, including pre-sales and partnerships, provide a robust framework for revenue generation, supporting long-term financial stability.

Industry Position

As a leading developer in China's real estate market, Zhongliang benefits from significant market presence, aiding in project acquisition and execution.

Negative Factors

Revenue Decline

The significant decline in revenue indicates challenges in market demand or project execution, which could hinder growth and profitability in the medium term.

High Leverage

High leverage poses risks to financial stability, limiting the company's ability to invest in new projects and manage economic downturns effectively.

Negative Cash Flow

Negative cash flow from operations highlights cash constraints, impacting the company's ability to sustain operations and invest in growth opportunities.

Zhongliang Holdings Group Company Limited Business Overview & Revenue Model

Company Description

Zhongliang Holdings Group Company Limited develops real estate properties in the People's Republic of China. The company develops, operates, and manages commercial properties under the Zhongliang brand. It also provides management consulting services. The company was founded in 1993 and is headquartered in Shanghai, the People's Republic of China.

How the Company Makes Money

Zhongliang Holdings generates revenue primarily through the sale of residential and commercial properties, as well as through property leasing and management services. The company's revenue model relies heavily on the successful development of real estate projects, which are sold to end-users or investors. Key revenue streams include pre-sales of properties, where buyers purchase units before construction is completed, and post-completion sales. Additionally, the company may earn income from partnerships with local governments and other entities in urban development initiatives. Factors contributing to its earnings include market demand for housing, strategic land acquisitions, and efficient project execution.

Zhongliang Holdings Group Company Limited Financial Statement Overview

Summary

Zhongliang Holdings is experiencing significant financial difficulties, with declining revenues, persistent net losses, and negative cash flows. The balance sheet is highly leveraged, posing potential risks for future operations. Immediate strategic measures may be required to address these financial challenges.

Income Statement

Zhongliang Holdings has experienced a significant decline in revenue and profitability. The revenue decreased from 2023 to 2024, and the net income has been negative for the past three years, indicating financial struggles. The gross profit margin has also diminished, reflecting increased cost pressures or pricing challenges.

Balance Sheet

The company's balance sheet shows high leverage, with a notable debt-to-equity ratio due to substantial total debt compared to equity. The declining equity ratio suggests weakening financial stability. However, the company maintains a reasonable amount of cash and equivalents, providing some liquidity buffer.

Cash Flow

Cash flow statements indicate substantial operational challenges, with operating cash flow turning negative in recent periods. Free cash flow is also negative, signaling cash constraints. The ability to generate cash from operations has deteriorated significantly, impacting overall financial health.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	22.11B	39.68B	66.62B	39.33B	76.11B	65.94B
Gross Profit	-348.55M	906.94M	3.18B	3.50B	13.03B	13.85B
EBITDA	-1.51B	-256.26M	789.39M	247.59M	8.36B	11.02B
Net Income	-1.50B	-2.43B	-4.25B	-1.35B	2.70B	3.74B
Balance Sheet
Total Assets	123.06B	133.18B	180.77B	237.82B	267.18B	270.83B
Cash, Cash Equivalents and Short-Term Investments	4.33B	5.78B	10.70B	16.62B	27.79B	34.78B
Total Debt	18.38B	20.25B	21.17B	26.78B	39.95B	54.21B
Total Liabilities	105.39B	113.80B	154.37B	206.44B	231.70B	240.65B
Stockholders Equity	3.78B	4.54B	6.89B	11.11B	11.96B	10.91B
Cash Flow
Free Cash Flow	-1.52B	-2.70B	-2.21B	10.94B	17.78B	5.61B
Operating Cash Flow	-1.51B	-2.69B	-2.19B	10.95B	17.81B	5.67B
Investing Cash Flow	3.91B	3.52B	2.85B	1.24B	-6.19B	-13.30B
Financing Cash Flow	-4.60B	-4.52B	-8.03B	-17.88B	-17.27B	18.57B

Zhongliang Holdings Group Company Limited Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 0.07
• 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:2772, the sentiment is Negative. The current price of 0.07 is below the 20-day moving average (MA) of 0.07, below the 50-day MA of 0.07, and below the 200-day MA of 0.08, indicating a bearish trend. The MACD of >-0.01 indicates Positive momentum. The RSI at 41.37 is Neutral, neither overbought nor oversold. The STOCH value of 23.70 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for HK:2772.

Zhongliang Holdings Group Company Limited Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
Sector *	65 Neutral	$2.17B	12.19	3.79%	4.94%	3.15%	1.96%
3616	51 Neutral	HK$408.00M	-5.50	―	―	―	―
2892	46 Neutral	HK$255.00M	-4.33	-9.07%	―	-72.10%	90.00%
2772	40 Underperform	HK$303.17M	-0.17	-34.31%	―	-63.41%	77.97%
0124	39 Underperform	€390.23M	-0.45	-21.15%	―	69.55%	64.09%
3301	39 Underperform	HK$245.78M	-0.02	―	―	-60.50%	-103.48%
0618	35 Underperform	€500.95M	0.56	260.87%	―	82.96%	―

Zhongliang Holdings Group Company Limited Corporate Events

Zhongliang Holdings Reports RMB11.22 Billion in Contracted Sales for 2025

Zhongliang Holdings Group Company Limited reported unaudited operating statistics for the period up to November 2025, revealing contracted sales of approximately RMB11.22 billion and a gross floor area of 1,073,000 square meters. For November alone, contracted sales were approximately RMB0.91 billion. These figures are preliminary and may differ from future audited reports, and investors are advised to exercise caution.

Zhongliang Holdings Reports RMB10.31 Billion in Contracted Sales for 2025

Zhongliang Holdings Group Company Limited announced its unaudited operating statistics for the period up to October 2025. The company reported aggregated contracted sales of approximately RMB10.31 billion and a gross floor area of 989,000 square meters from January to October 2025. For October alone, contracted sales were RMB1.05 billion with a gross floor area of 104,000 square meters. The data, based on preliminary internal information, may differ from future audited figures, and investors are advised to exercise caution.

Zhongliang Holdings Reports September 2025 Sales Performance

Zhongliang Holdings Group Company Limited reported unaudited operating statistics for September 2025, revealing contracted sales of approximately RMB0.97 billion and a contracted gross floor area of about 95,000 square meters. For the period from January to September 2025, the company achieved aggregated contracted sales of approximately RMB9.26 billion. These figures, based on preliminary internal data, highlight the company’s ongoing sales performance, though they may differ from future audited financial statements.

Zhongliang Holdings Implements Measures to Enhance Financial Stability

Zhongliang Holdings Group Company Limited has implemented several measures to improve its liquidity and financial position, addressing a disclaimer of opinion from its auditor regarding going concern. The Group has successfully negotiated extensions for its existing debt, secured new borrowings, reduced costs, and accelerated property sales to generate cash flow. These efforts aim to stabilize the company’s financial standing and reduce indebtedness.