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ArtGo Holdings Ltd. (HK:3313)
:3313
Hong Kong Market

ArtGo Holdings Ltd. (3313) AI Stock Analysis

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HK

ArtGo Holdings Ltd.

(3313)

Rating:31Underperform
Price Target:
ArtGo Holdings Ltd. exhibits significant financial weaknesses with declining revenues, persistent losses, and negative cash flows, which weigh heavily on its overall score. Technical analysis suggests a bearish trend, while the negative P/E ratio indicates poor valuation. The absence of positive factors in these areas results in a low overall stock score, reflecting the company's current financial and market challenges.

ArtGo Holdings Ltd. (3313) vs. iShares MSCI Hong Kong ETF (EWH)

ArtGo Holdings Ltd. Business Overview & Revenue Model

Company DescriptionArtGo Holdings Ltd. (3313) is a Hong Kong-based investment holding company primarily engaged in the mining, processing, and sale of marble and marble-related products. The company operates in the natural stone industry, with its core products including marble blocks, slabs, and special-shaped stones. ArtGo Holdings Ltd. also offers decorative stone products used in construction and interior design projects.
How the Company Makes MoneyArtGo Holdings Ltd. generates revenue through the extraction and sale of marble and marble-related products. The company's primary revenue stream comes from selling marble blocks and slabs to construction companies, interior designers, and other customers in the natural stone market. By leveraging its mining capabilities and processing facilities, ArtGo Holdings Ltd. is able to produce high-quality marble products for both domestic and international markets. The company may also engage in strategic partnerships or collaborations that enhance its distribution channels and market reach, contributing to its overall earnings.

ArtGo Holdings Ltd. Financial Statement Overview

Summary
ArtGo Holdings Ltd. is facing significant financial challenges with declining revenues, persistent losses, and negative cash flows. The company's high leverage and inability to generate positive cash flow signal potential financial instability, necessitating strategic restructuring or operational improvements to enhance financial health.
Income Statement
15
Very Negative
ArtGo Holdings Ltd. has experienced declining revenues over recent years, with a significant drop from 2019 to 2024. The company has consistently reported negative net income, with worsening net profit margins. The gross profit margin has also been erratic, indicating challenges in managing cost of goods sold effectively. EBIT and EBITDA margins have been consistently negative, reflecting operational challenges.
Balance Sheet
30
Negative
The company has a high debt-to-equity ratio, indicating increased financial leverage, though it has decreased slightly over time. The equity ratio is reasonable, but the return on equity is negative due to persistent losses, pointing to inefficiencies in utilizing shareholder funds. The overall financial stability is concerning given the declining equity and high liabilities.
Cash Flow
10
Very Negative
ArtGo Holdings Ltd. has reported negative operating cash flow for several years, indicating poor cash generation from core activities. The free cash flow has also been consistently negative, suggesting struggles in sustaining operations without external financing. The lack of positive growth in cash flows further highlights liquidity challenges.
Breakdown
Dec 2024Dec 2023Dec 2022Dec 2021Dec 2020
Income StatementTotal Revenue
71.60M77.53M89.07M87.98M73.89M
Gross Profit
11.21M10.06M-6.28M21.91M13.34M
EBIT
-38.99M-78.50M-131.83M-57.11M-79.20M
EBITDA
-16.33M-339.16M-89.77M-29.60M-53.77M
Net Income Common Stockholders
-285.19M-396.14M-148.25M-417.78M-230.24M
Balance SheetCash, Cash Equivalents and Short-Term Investments
16.05M102.99M17.80M25.65M21.21M
Total Assets
999.64M1.34B1.66B1.74B2.25B
Total Debt
226.06M339.36M345.52M287.11M413.04M
Net Debt
210.01M238.41M329.76M264.02M393.28M
Total Liabilities
398.93M479.65M531.39M475.62M602.08M
Stockholders Equity
507.12M763.61M1.04B1.17B1.56B
Cash FlowFree Cash Flow
0.00-9.65M-90.12M-87.88M-77.22M
Operating Cash Flow
0.00-3.83M-44.34M-56.94M-26.35M
Investing Cash Flow
0.00-5.75M-51.56M128.33M-13.26M
Financing Cash Flow
0.0094.67M88.58M-68.15M-25.40M

ArtGo Holdings Ltd. Technical Analysis

Technical Analysis Sentiment
Negative
Last Price0.16
Price Trends
50DMA
0.18
Negative
100DMA
0.20
Negative
200DMA
0.24
Negative
Market Momentum
MACD
>-0.01
Positive
RSI
21.03
Positive
STOCH
36.51
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For HK:3313, the sentiment is Negative. The current price of 0.16 is below the 20-day moving average (MA) of 0.18, below the 50-day MA of 0.18, and below the 200-day MA of 0.24, indicating a bearish trend. The MACD of >-0.01 indicates Positive momentum. The RSI at 21.03 is Positive, neither overbought nor oversold. The STOCH value of 36.51 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for HK:3313.

ArtGo Holdings Ltd. Peers Comparison

Overall Rating
UnderperformOutperform
Sector (66)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
80
Outperform
$115.96B6.1120.63%3.77%2.84%
75
Outperform
$140.57B5.7612.03%5.82%-4.04%-12.32%
66
Neutral
$4.50B12.295.40%248.66%4.13%-12.33%
50
Neutral
HK$105.22B-4.92%7.08%
31
Underperform
HK$194.36M-44.82%-9.02%73.23%
* Industrials Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
HK:3313
ArtGo Holdings Ltd.
0.16
-0.14
-46.67%
HK:1055
China Southern Airlines Company Limited Class H
3.83
0.69
21.97%
HK:2600
Aluminum of China
4.85
-0.37
-7.03%
HK:1898
China Coal Energy Co
8.40
-0.12
-1.43%

ArtGo Holdings Ltd. Corporate Events

ArtGo Holdings Ltd. Announces 2025 Annual General Meeting
Apr 24, 2025

ArtGo Holdings Ltd. has announced its upcoming annual general meeting scheduled for June 17, 2025, in Hong Kong. The meeting will cover several key resolutions, including the adoption of the company’s financial statements for 2024, re-election of directors, and re-appointment of auditors. Additionally, the company seeks approval for mandates to repurchase shares and to issue additional shares, which could impact its capital structure and shareholder value.

ArtGo Holdings Reports Decrease in Revenue but Reduced Losses for 2024
Mar 31, 2025

ArtGo Holdings Ltd. reported a decrease in revenue to approximately RMB71.6 million for the year ended December 31, 2024, marking a 7.6% decline from the previous year. Despite the revenue drop, the company reduced its loss before tax to RMB285.0 million, a significant improvement from the previous year’s loss of RMB393.1 million. The results indicate a challenging year for ArtGo Holdings, but the reduction in losses suggests some operational improvements or cost management efforts.

ArtGo Holdings Schedules Board Meeting for Year-End Results
Mar 14, 2025

ArtGo Holdings Limited, a company incorporated in the Cayman Islands, has announced that its board of directors will meet on March 31, 2025, to consider and approve the company’s final results for the year ending December 31, 2024. The meeting will also address the potential payment of a final dividend and any other business matters. This announcement may impact the company’s financial planning and provide insights into its fiscal health and shareholder returns.

Glossary
OutperformA stock rated as "Outperform" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests that the stock is likely to deliver higher returns compared to the average returns of other stocks in the same sector or market index. Investors might consider this stock a good buying opportunity.
NeutralA stock rated as "Neutral" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly attractive nor unattractive for investment. Investors may consider holding onto the stock, as it is not expected to either significantly outperform or underperform the market.
UnderperformA stock rated as "Underperform" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests that the stock may deliver lower returns compared to the average returns of other stocks in the same sector or market index. Investors might consider selling the stock or avoiding it as an investment.

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.