ArtGo Holdings Ltd. (3313) AI Stock Analysis

• Market Cap: HK$174.21M
• Dividend Yield: N/A
• Average Volume (3M): 182.87K
• Price to Earnings (P/E): ―
• Beta (1Y): 1.33
• Revenue Growth: 0.26%
• EPS Growth: 69.65%
• Country: HK
• Employees: 172
• Sector: Industrials
• Sector Strength: 72
• Industry: Construction
• EPS (TTM): -0.02
• Shares Outstanding: 1,185,094,600
• 10 Day Avg. Volume: 149,100
• 30 Day Avg. Volume: 182,866
• PEG Ratio: 0.01
• Price to Book (P/B): 0.48
• Price to Sales (P/S): 3.39
• P/FCF Ratio: -26.18
• 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: 45 Neutral
• Price Target: HK$0.15 ▼(-2.00% Downside)

The overall stock score is primarily impacted by the company's poor financial performance, characterized by declining revenues and negative cash flows. While technical analysis shows some short-term momentum, the long-term trend remains negative. Valuation metrics are weak due to negative earnings and lack of dividends.

Positive Factors

Market Demand

The demand for premium marble in luxury construction provides a stable revenue stream, supporting long-term growth and market positioning.

Cost Control

Efficient resource management through quarrying operations helps control costs, enhancing margin sustainability and competitive advantage.

Strategic Partnerships

Long-term contracts through strategic partnerships ensure steady revenue and strengthen market position in the construction sector.

Negative Factors

Financial Instability

Ongoing financial instability with declining revenues and negative cash flows threatens long-term viability and growth potential.

High Debt Levels

High leverage limits financial flexibility and increases risk, potentially impacting future investment and operational capabilities.

Negative Cash Flow

Consistent negative cash flow highlights liquidity issues, challenging the company's ability to sustain operations without external funding.

ArtGo Holdings Ltd. Business Overview & Revenue Model

Company Description

ArtGo Holdings Ltd. (3313) is a company primarily engaged in the extraction and processing of marble and other stone products. Operating within the construction materials sector, ArtGo specializes in delivering high-quality stone products for both domestic and international markets. The company’s portfolio includes a variety of marble types, slabs, and tiles, which are utilized in residential and commercial construction, as well as in decorative applications.

How the Company Makes Money

ArtGo Holdings Ltd. generates revenue through the sale of its marble and stone products, with key revenue streams coming from the wholesale distribution to construction companies, retailers, and direct sales to consumers. The company benefits from its extensive quarrying operations, which allow it to maintain a steady supply of raw materials while minimizing production costs. Additionally, ArtGo may engage in strategic partnerships with construction firms and architects to secure long-term contracts for projects that require premium stone products. Market demand for high-quality marble, especially in luxury construction projects, further supports the company's 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 construction industry poses additional risks with market volatility and high competition. 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

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

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

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	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	74.50M	71.60M	77.53M	89.07M	87.98M	73.89M
Gross Profit	11.46M	11.21M	10.06M	-6.28M	21.91M	13.34M
EBITDA	-12.54M	-16.33M	-339.16M	-89.77M	-29.60M	-53.77M
Net Income	-287.61M	-285.19M	-396.14M	-148.25M	-417.78M	-230.24M
Balance Sheet
Total Assets	990.37M	999.64M	1.34B	1.66B	1.74B	2.25B
Cash, Cash Equivalents and Short-Term Investments	9.46M	16.05M	102.99M	17.80M	25.65M	21.21M
Total Debt	245.47M	226.06M	339.36M	345.52M	287.11M	413.04M
Total Liabilities	416.61M	398.93M	479.65M	531.39M	475.62M	602.08M
Stockholders Equity	480.18M	507.12M	763.61M	1.04B	1.17B	1.56B
Cash Flow
Free Cash Flow	-23.51M	-9.27M	-9.65M	-90.12M	-87.88M	-77.22M
Operating Cash Flow	-17.00M	-1.06M	-3.83M	-44.34M	-56.94M	-26.35M
Investing Cash Flow	-7.47M	-9.51M	-5.75M	-51.56M	128.33M	-13.26M
Financing Cash Flow	25.12M	-74.34M	94.67M	88.58M	-68.15M	-25.40M

ArtGo Holdings Ltd. Technical Analysis

• Technical Analysis Sentiment: Neutral
• Last Price: 0.15
• 50DMA: Positive
• 100DMA: Negative
• 200DMA: Negative
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For HK:3313, the sentiment is Neutral. The current price of 0.15 is above the 20-day moving average (MA) of 0.14, above the 50-day MA of 0.14, and below the 200-day MA of 0.17, indicating a neutral trend. The MACD of <0.01 indicates Negative momentum. The RSI at 53.64 is Neutral, neither overbought nor oversold. The STOCH value of 21.87 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for HK:3313.

ArtGo Holdings Ltd. Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
9938	68 Neutral	HK$128.00M	6.01	10.51%	―	14.65%	―
8646	65 Neutral	HK$165.90M	2.45	11.61%	―	5.34%	43.91%
Sector *	63 Neutral	$10.79B	15.43	7.44%	2.01%	2.89%	-14.66%
1897	53 Neutral	HK$190.79M	58.75	0.62%	2.34%	-48.30%	-75.98%
1937	52 Neutral	HK$180.00M	90.00	0.58%	―	-10.27%	-84.38%
3313	45 Neutral	HK$174.21M	-0.50	-46.79%	―	0.26%	69.65%
1592	38 Underperform	HK$46.33M	-0.41	―	―	1.43%	-83.97%

ArtGo Holdings Ltd. Corporate Events

ArtGo Holdings Ltd. Announces Share Placement to Raise HK$25.12 Million

ArtGo Holdings Ltd. announced a share placement agreement with Kingkey Securities Group Limited to issue up to 237,010,000 new shares at HK$0.106 each, representing a 19.70% discount to the current share price. The placement aims to raise approximately HK$25.12 million in gross proceeds, with net proceeds expected to be around HK$24.77 million, potentially impacting the company’s capital structure and market positioning.