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

• Market Cap: HK$169.94M
• Dividend Yield: 5.7%
• Average Volume (3M): 76.13K
• Price to Earnings (P/E): 6.6
• Beta (1Y): 0.53
• Revenue Growth: -2.44%
• EPS Growth: 37.79%
• Country: HK
• Employees: 115
• Sector: Real Estate
• Sector Strength: 53
• Industry: Real Estate - Services
• EPS (TTM): 0.03
• Shares Outstanding: 441,400,000
• 10 Day Avg. Volume: 69,400
• 30 Day Avg. Volume: 76,133
• PEG Ratio: 0.19
• Price to Book (P/B): 0.15
• Price to Sales (P/S): 3.21
• P/FCF Ratio: 17.28
• 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: Moderate Buy
• Number of Analyst Covering: 0
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 64 Neutral
• Price Target: HK$0.50 ▲(31.58% Upside)

The stock's overall score is primarily influenced by its strong valuation, with a low P/E ratio and high dividend yield suggesting potential undervaluation. However, technical indicators show bearish trends, and financial performance is mixed due to declining revenue and inconsistent cash flow. The absence of earnings call and corporate events data limits further insights.

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 revenue primarily through the development and sale of real estate properties, as well as rental income from its investment properties. The company earns significant revenue by developing residential and commercial properties in high-demand areas and selling them at a profit. Additionally, ongoing rental income from its portfolio of managed properties provides a steady revenue stream. The firm may also engage in property management services, which contribute to its earnings. Strategic partnerships with local developers and financial institutions can further enhance its market presence and profitability, allowing for efficient capital deployment and risk management.

Everbright Grand China Assets Ltd. Financial Statement Overview

Summary

The company has a strong balance sheet with no debt and a high equity ratio, indicating financial stability. However, declining revenue and inconsistent cash flow generation are concerns that need addressing to improve 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	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	46.47M	45.91M	46.78M	52.30M	52.68M	51.73M
Gross Profit	46.47M	45.91M	34.62M	38.51M	39.61M	39.32M
EBITDA	16.21M	30.56M	27.70M	30.34M	45.74M	48.43M
Net Income	23.97M	25.26M	19.26M	22.05M	32.67M	33.98M
Balance Sheet
Total Assets	1.22B	1.21B	1.19B	1.18B	1.17B	1.16B
Cash, Cash Equivalents and Short-Term Investments	0.00	231.50M	222.21M	214.91M	203.77M	217.77M
Total Debt	0.00	211.00K	1.43M	2.59M	10.47M	15.60M
Total Liabilities	226.77M	217.35M	221.94M	215.97M	227.01M	229.12M
Stockholders Equity	993.95M	991.84M	972.36M	965.29M	940.73M	934.64M
Cash Flow
Free Cash Flow	14.39M	8.52M	13.52M	11.26M	18.68M	17.47M
Operating Cash Flow	14.39M	8.63M	13.91M	11.32M	18.75M	17.52M
Investing Cash Flow	-4.54M	73.44M	-359.00K	-59.60M	-1.18M	25.58M
Financing Cash Flow	-7.38M	-7.34M	-14.30M	-12.78M	-27.91M	-17.93M

Everbright Grand China Assets Ltd. Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 0.38
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Positive
• MACD: Negative
• 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 Negative. The current price of 0.38 is below the 20-day moving average (MA) of 0.39, below the 50-day MA of 0.40, and above the 200-day MA of 0.38, indicating a neutral trend. The MACD of >-0.01 indicates Negative momentum. The RSI at 42.72 is Neutral, neither overbought nor oversold. The STOCH value of 13.33 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative 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
Sector *	65 Neutral	$2.17B	12.19	3.79%	4.94%	3.15%	1.96%
3699	64 Neutral	HK$169.94M	6.56	2.41%	5.70%	-2.44%	37.79%
0616	56 Neutral	HK$209.99M	-0.23	-12.21%	―	40.24%	68.53%
0271	48 Neutral	HK$243.17M	-2.01	-6.95%	―	-12.04%	-151.81%
0459	46 Neutral	HK$131.79M	―	-6.21%	―	-11.96%	-695.83%
0183	45 Neutral	HK$95.24M	-1.43	-4.91%	―	30.19%	72.49%
0287	43 Neutral	HK$164.00M	-2.19	-7.17%	3.41%	6.63%	-50.19%

Everbright Grand China Assets Ltd. Corporate Events

Everbright Grand China Assets Ltd. Declares Interim Dividend for 2025

Everbright Grand China Assets Ltd. announced an interim cash dividend of RMB 0.0073 per share for the six months ending June 30, 2025, payable in HKD at an exchange rate of RMB 1 to HKD 1.09317. The ex-dividend date is set for October 9, 2025, with payment scheduled for October 31, 2025. This announcement reflects the company’s commitment to returning value to shareholders and may impact its financial positioning by demonstrating stable cash flow and operational performance.

Everbright Grand China Assets Ltd. Reports Interim Financial Results for H1 2025

Everbright Grand China Assets Ltd. reported its interim financial results for the first half of 2025, revealing a revenue increase to approximately RMB24.5 million, up by RMB0.6 million from the previous year. Despite the revenue growth, the profit attributable to equity shareholders decreased to RMB10.1 million, down by RMB1.3 million compared to 2024. The company declared an interim dividend of RMB0.73 cents per share, and the financial results were reviewed by KPMG and the Audit Committee, ensuring compliance with Hong Kong’s standards.

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

Everbright Grand China Assets Ltd. has announced that its board of directors will hold a meeting on August 21, 2025, to consider and approve the interim results for the first half of the year ending June 30, 2025. The board will also discuss the potential payment of an interim dividend and other business matters. This meeting is significant as it will provide insights into the company’s financial performance and strategic decisions, impacting stakeholders and potentially influencing the company’s market positioning.