tiprankstipranks
Trending News
More News >
China Hanking Holdings Ltd. (HK:3788)
:3788
Hong Kong Market
Advertisement

China Hanking Holdings Ltd. (3788) AI Stock Analysis

Compare
1 Followers

Top Page

HK

China Hanking Holdings Ltd.

(3788)

Rating:65Neutral
Price Target:
HK$3.00
▲(10.70%Upside)
The overall stock score of 65 is primarily influenced by strong technical momentum and improving profitability, despite challenges in revenue stability and cash flow. The high P/E ratio suggests potential overvaluation, and the low dividend yield may deter income investors.

China Hanking Holdings Ltd. (3788) vs. iShares MSCI Hong Kong ETF (EWH)

China Hanking Holdings Ltd. Business Overview & Revenue Model

Company DescriptionChina Hanking Holdings Limited, together with its subsidiaries, engages in the exploration, mining, processing, smelting, and marketing of mineral resources in the People's Republic of China and Australia. The company operates three iron ore mines, including Aoniu, Maogong, and Shangma mines, which are located in the Anshan-Benxi iron ore belt. It also operates Mount Bundy gold located in northern Australia and Coolgardie gold projects located in western Australia. In addition, the company engages in the sale of agricultural and forestry products; and manufacture and sale of green building materials. Further, it offers leasing services; travel and accommodation services; and technical development and technical consultation services. The company was founded in 1992 and is headquartered in Shenyang, China.
How the Company Makes MoneyChina Hanking Holdings Ltd. generates revenue primarily through the sale of iron ore concentrates and gold products. The company's key revenue streams are derived from its mining operations in China, where it extracts and processes iron ore, and in Australia, where it focuses on gold mining. Additionally, the company has interests in nickel mining, which contributes to its diversified income sources. The company benefits from strategic partnerships and favorable market conditions that enhance its sales and profitability. Fluctuations in commodity prices, coupled with efficient mining practices and cost management, play a significant role in determining the company's earnings.

China Hanking Holdings Ltd. Financial Statement Overview

Summary
Despite improving profitability and a stable balance sheet, the company faces challenges with declining revenue and cash flow. The balance sheet is solid with robust equity and moderate leverage, but cash flow issues could constrain growth.
Income Statement
65
Positive
The company displays mixed performance trends. While the gross profit margin remained relatively consistent at 27.1% in 2024, the net profit margin improved to 7.3% from 5% in 2023, indicating better cost management. However, revenue declined by 18% in 2024, following a 16% increase in 2023, suggesting volatility in revenue generation. The EBIT margin increased to 15% in 2024 from 9.8% in 2023, and the EBITDA margin also improved. Overall, the profitability metrics are improving, but revenue fluctuations pose a challenge.
Balance Sheet
72
Positive
The balance sheet shows a healthy equity ratio of 39.9% in 2024, indicating a strong equity base relative to total assets. The debt-to-equity ratio rose slightly to 0.63 in 2024 from 0.56 in 2023, suggesting a modest increase in leverage, but it remains manageable. Return on equity improved to 12.6% from 10.8% in 2023, reflecting enhanced efficiency in using equity to generate profit. Overall, the balance sheet is stable with some increase in leverage, but strong equity support mitigates risk.
Cash Flow
58
Neutral
The cash flow statement reflects a reduction in free cash flow by 36.9% in 2024, indicating less cash available for expansion or debt reduction. The operating cash flow to net income ratio declined to 0.99 in 2024 from 2.1 in 2023, showing reduced cash generation efficiency. The free cash flow to net income ratio is 0.65 in 2024, down from 1.22 in 2023. These declines highlight potential liquidity pressures, though operating cash flow remains positive.
BreakdownDec 2024Dec 2023Dec 2022Dec 2021Dec 2020
Income Statement
Total Revenue2.48B3.03B2.60B3.13B2.68B
Gross Profit673.56M621.95M358.00M1.22B917.98M
EBITDA495.72M437.69M221.99M1.10B811.02M
Net Income180.94M151.80M-53.01M658.96M379.44M
Balance Sheet
Total Assets3.59B3.61B3.36B3.81B3.26B
Cash, Cash Equivalents and Short-Term Investments359.93M664.94M249.81M280.49M181.24M
Total Debt905.00M789.02M608.17M645.97M743.87M
Total Liabilities2.15B2.16B2.08B2.24B2.10B
Stockholders Equity1.43B1.40B1.27B1.56B1.16B
Cash Flow
Free Cash Flow40.38M185.36M38.91M781.52M817.63M
Operating Cash Flow178.67M318.96M194.06M1.00B939.57M
Investing Cash Flow-68.22M-114.97M-43.68M-489.96M-497.18M
Financing Cash Flow-22.01M-67.16M-298.89M-421.44M-301.26M

China Hanking Holdings Ltd. Technical Analysis

Technical Analysis Sentiment
Positive
Last Price2.71
Price Trends
50DMA
1.85
Positive
100DMA
1.40
Positive
200DMA
1.10
Positive
Market Momentum
MACD
0.27
Negative
RSI
64.04
Neutral
STOCH
53.40
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For HK:3788, the sentiment is Positive. The current price of 2.71 is above the 20-day moving average (MA) of 2.36, above the 50-day MA of 1.85, and above the 200-day MA of 1.10, indicating a bullish trend. The MACD of 0.27 indicates Negative momentum. The RSI at 64.04 is Neutral, neither overbought nor oversold. The STOCH value of 53.40 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for HK:3788.

China Hanking Holdings Ltd. Peers Comparison

Overall Rating
UnderperformOutperform
Sector (44)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
65
Neutral
HK$5.25B26.2212.77%0.75%-19.53%19.32%
44
Neutral
C$972.32M-6.68-13.73%2.45%17.55%-32.57%
$3.33B-12.08%
$749.27M33.960.67%0.68%
$3.28B-17.87%
€612.14M11.255.01%1.40%
DECGP
€1.49B-16.73%
* Basic Materials Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
HK:3788
China Hanking Holdings Ltd.
2.71
1.86
218.82%
ANGGF
Angang Steel Co
0.20
0.01
5.26%
CUGCF
China Oriental Group Co
0.19
0.03
18.75%
MAANF
Maanshan Iron & Steel Co
0.22
0.08
57.14%
DE:34T1
Tiangong International Co. Ltd.
0.19
-0.01
-5.00%
DE:CGP
Chongqing Iron & Steel Co., Ltd. Class H
0.15
0.09
150.00%

China Hanking Holdings Ltd. Corporate Events

China Hanking Holdings Acquires Full Stake in Hanking Australia
Jul 16, 2025

China Hanking Holdings Limited, through its wholly-owned subsidiary Hanking Gold, has announced the acquisition of an additional 6% share capital in Hanking Australia, raising its stake to 100%. The transaction, valued at AUD2,520,000, is part of a corporate restructuring in preparation for a proposed spin-off and listing. The acquisition, approved by the Foreign Investment Review Board of Australia, involves connected parties and constitutes a connected transaction under Hong Kong’s Listing Rules. This move is expected to streamline Hanking Gold’s operations and potentially enhance its market position, though the completion of the acquisition and proposed spin-off remains uncertain.

China Hanking Holdings Announces Spin-Off and Listing of Hanking Gold
Jul 4, 2025

China Hanking Holdings Ltd. announced a proposed spin-off and separate listing of its gold business, Hanking Gold, on the main board of the Stock Exchange. This strategic move aims to create an independent capital platform for the gold business, facilitating its faster development and enhancing shareholder value. The spin-off will result in a parallel listing structure, allowing eligible shareholders to hold shares in both China Hanking Holdings and Hanking Gold. The Mt Bundy and Cygnet gold projects in Australia are key assets in this venture, with significant gold resources and development plans underway, potentially impacting the company’s market positioning and stakeholder interests.

China Hanking Holdings Terminates Share Sale Agreement for Primary Gold
Jul 2, 2025

China Hanking Holdings Ltd. announced the termination of its Share Sale Agreement with Huineng Gold Pty Ltd for the sale of its subsidiary, Primary Gold, due to unmet conditions by the Australia Foreign Investment Review Board. The company is now reviewing its business strategy and plans to announce its future gold mining and production strategies soon.

China Hanking Holdings Updates Share Pledge by Controlling Shareholder
Jun 11, 2025

China Hanking Holdings Limited has announced an update regarding the pledge of shares by its controlling shareholder. Bisney Success Limited and Tuochuan Capital have pledged a total of 500 million shares, representing significant portions of the company’s issued share capital, to Bank of Fushun Co., Ltd. as securities for new loans and loans for a subsidiary. This move is expected to impact the company’s financial strategy and liquidity, as well as its market perception, given the involvement of key stakeholders.

China Hanking Holdings Approves AGM Resolutions and Board Changes
May 20, 2025

China Hanking Holdings Limited recently held its annual general meeting where all proposed resolutions were passed, including the approval of financial statements, the declaration of a final dividend, and the re-election of directors. The meeting also resulted in changes to the composition of the board committee, reflecting the company’s ongoing governance and operational strategies.

China Hanking Holdings Ltd. Announces Board Composition and Committee Roles
May 20, 2025

China Hanking Holdings Ltd. has announced the composition of its board of directors, detailing the roles and functions of its executive, non-executive, and independent non-executive directors. The board has established four committees, focusing on nomination, remuneration, audit, and health, safety, environmental protection, and community matters, indicating a structured approach to governance and operational oversight.

China Hanking Holdings Updates Nomination Committee Structure
May 20, 2025

China Hanking Holdings Limited has outlined the terms of reference and operating model for its Nomination Committee. The Committee will consist of three or more directors, primarily independent non-executive directors, with a focus on gender diversity. The chairman of the board or an independent director will lead the Committee, which will meet at least once a year to ensure proper governance and compliance with the company’s articles and the Hong Kong Stock Exchange’s Listing Rules.

Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

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.Date of analysis: Jul 10, 2025