Everbright Grand China Assets Ltd. (3699) AI Stock Analysis

• Market Cap: HK$169.94M
• Dividend Yield: 8.83%
• Average Volume (3M): 44.73K
• Price to Earnings (P/E): 6.2
• Beta (1Y): 0.48
• Revenue Growth: -1.95%
• EPS Growth: 27.31%
• Country: HK
• Employees: 115
• Sector: Real Estate
• Sector Strength: 72
• Industry: Real Estate - Services
• EPS (TTM): 0.06
• Shares Outstanding: 441,400,000
• 10 Day Avg. Volume: 25,800
• 30 Day Avg. Volume: 44,733
• PEG Ratio: -0.24
• Price to Book (P/B): 0.18
• Price to Sales (P/S): 0.00
• P/FCF Ratio: 15.23
• 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

• Rating: 64 Neutral
• Price Target: ―

The company's solid balance sheet and attractive valuation are significant strengths, contributing to a positive outlook. However, declining revenue, inconsistent cash flows, and lack of technical momentum are notable concerns that moderate the overall score.

Everbright Grand China Assets Ltd. Business Overview & Revenue Model

Company Description

Everbright Grand China Assets Limited, an investment holding company, provides property leasing and management services primarily in Chengdu and Kunming, the People's Republic of China. As of December 31, 2021, its property portfolio comprised of three commercial buildings with a total gross floor area of approximately 89,507 square meters. The company was founded in 1993 and is headquartered in Wan Chai, Hong Kong.

How the Company Makes Money

Everbright Grand China Assets Ltd. generates its revenue primarily through the leasing of its investment properties. The company earns rental income from tenants occupying its office buildings and retail spaces. Additionally, it may generate income through property management services offered to enhance tenant experiences and maintain property standards. Key revenue streams include rental income, management fees, and potential appreciation in property values. Strategic partnerships with local businesses and adherence to market trends in the property sector also contribute to its earnings.

Everbright Grand China Assets Ltd. Financial Statement Overview

Summary

Everbright Grand China Assets Ltd. has a strong balance sheet with no debt and a high equity ratio, showcasing financial stability. However, declining revenue and inconsistent cash flow generation are concerns. Improving these areas could enhance overall financial health.

Income Statement

The company shows strong gross profit margins, with the recent figure at 100%, indicating full conversion of revenue into gross profit. However, revenue has been declining over recent years, with a notable decrease from 2019 to 2024. The net profit margin is healthy, suggesting efficient control over costs, but the downward trend in revenue growth poses a concern.

Balance Sheet

The balance sheet is robust with no total debt as of the latest year, which is a significant strength. The equity ratio is high, indicating a strong equity base relative to total assets. Return on equity has been positive, showcasing profitability and efficient use of equity. Overall, the company demonstrates financial stability with a low-risk profile.

Cash Flow

Cash flow from operations has shown inconsistency, with the latest period reporting zero, raising concerns about cash generation from core activities. Free cash flow has also seen volatility, although it was positive in prior years. These fluctuations could indicate potential liquidity risks if trends continue.

Breakdown
Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement		Total Revenue
45.91M	46.78M	52.30M	52.68M	51.73M
	Gross Profit
45.91M	34.62M	38.51M	39.61M	39.32M
	EBIT
29.13M	26.33M	23.07M	21.18M	17.23M
	EBITDA
0.00	27.70M	30.34M	45.74M	48.43M
	Net Income Common Stockholders
25.26M	19.26M	22.05M	32.67M	33.98M
Balance Sheet		Cash, Cash Equivalents and Short-Term Investments
231.50M	222.21M	214.91M	203.77M	217.77M
	Total Assets
1.21B	1.19B	1.18B	1.17B	1.16B
	Total Debt
0.00	1.43M	2.59M	10.47M	15.60M
	Net Debt
-231.50M	-220.78M	-212.32M	-193.30M	-202.17M
	Total Liabilities
217.35M	221.94M	3.80M	3.16M	229.12M
	Stockholders Equity
991.84M	972.36M	965.29M	940.73M	934.64M
Cash Flow		Free Cash Flow
0.00	13.52M	11.26M	18.68M	17.47M
	Operating Cash Flow
0.00	13.91M	11.32M	18.75M	17.52M
	Investing Cash Flow
0.00	-359.00K	-59.60M	-1.18M	25.58M
	Financing Cash Flow
0.00	-14.30M	-12.78M	-27.91M	-17.93M

Everbright Grand China Assets Ltd. Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 0.38
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Positive
• RSI: Neutral
• STOCH: Positive

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For HK:3699, the sentiment is Positive. The current price of 0.38 is above the 20-day moving average (MA) of 0.37, above the 50-day MA of 0.36, and above the 200-day MA of 0.36, indicating a bullish trend. The MACD of <0.01 indicates Positive momentum. The RSI at 59.30 is Neutral, neither overbought nor oversold. The STOCH value of 17.89 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for HK:3699.

Everbright Grand China Assets Ltd. Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
3699	64 Neutral	HK$169.94M	6.20	2.58%	8.83%	-1.95%	27.31%
Sector *	61 Neutral	$2.83B	10.91	0.42%	11.76%	5.94%	-21.26%
AGPYF		$244.27M	―	-90.47%	―	―	―
CNPPF		$2.21B	10.65		25.00%	―	―
GZUHF		$458.89M	―	-71.13%	―	―	―
MAWHF		$2.01B	7.12	16.66%	7.94%	―	―
2198	54 Neutral	HK$2.04B	3.49	11.49%	―	47.32%	492.76%

Everbright Grand China Assets Ltd. Corporate Events

Everbright Grand China Assets Ltd. Announces 2025 AGM and Key Resolutions

Everbright Grand China Assets Ltd., a company incorporated in the British Virgin Islands and continued in the Cayman Islands, announced its upcoming Annual General Meeting scheduled for June 11, 2025, in Hong Kong. Key agenda items include the approval of audited financial statements for 2024, the declaration of final and special dividends, re-election of directors, re-appointment of auditors, and granting a mandate for share repurchase. These actions reflect the company’s ongoing efforts to maintain shareholder value and governance standards.

Everbright Grand China Assets Ltd. Reports Increased Profit for 2024

Everbright Grand China Assets Ltd. announced its financial results for the year ending December 31, 2024, reporting a revenue of RMB 45,910,000, a slight decrease from the previous year. The company achieved a profit of RMB 25,260,000, an increase from the prior year, attributed to valuation gains on investment properties and other net income, despite a rise in administrative expenses.

Everbright Grand China Assets Announces Final Dividend for 2024

Everbright Grand China Assets Limited has announced a final ordinary cash dividend of RMB 0.0105 per share for the year ending December 31, 2024. Shareholders will receive the dividend in Hong Kong dollars at an exchange rate of RMB 1 to HKD 1.0836, with payment scheduled for July 18, 2025. This announcement reflects the company’s financial performance and commitment to returning value to its shareholders.

Everbright Grand China Assets Declares Special Dividend for 2024

Everbright Grand China Assets Limited has announced a special dividend for the year ending December 31, 2024. The dividend is set at RMB 0.0034 per share, payable in Hong Kong dollars at an exchange rate of RMB 1 to HKD 1.0836, with a payment date of July 18, 2025. This announcement may impact the company’s financial positioning and shareholder returns, reflecting its financial health and commitment to returning value to its investors.

Everbright Grand China Assets Ltd. Schedules Board Meeting for Annual Results

Everbright Grand China Assets Ltd. has announced a board meeting scheduled for March 27, 2025, to discuss and approve the company’s annual results for the year ending December 31, 2024. The meeting will also consider the recommendation of a final dividend and address other business matters. This announcement signals the company’s ongoing commitment to transparency and shareholder engagement, potentially impacting its market position and stakeholder relations.