Golden Power Group Holdings Ltd. (3919) AI Stock Analysis

• Market Cap: HK$35.64M
• Dividend Yield: N/A
• Average Volume (3M): 8.18K
• Price to Earnings (P/E): ―
• Beta (1Y): 1.03
• Revenue Growth: 5.07%
• EPS Growth: -87.31%
• Country: HK
• Employees: 409
• Sector: Industrials
• Sector Strength: 80
• Industry: Electrical Equipment & Parts
• EPS (TTM): -0.11
• Shares Outstanding: 32,400,000
• 10 Day Avg. Volume: 2,950
• 30 Day Avg. Volume: 8,184
• PEG Ratio: N/A
• Price to Book (P/B): N/A
• Price to Sales (P/S): N/A
• P/FCF Ratio: N/A
• 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: HK$1.00
• Price Target Upside: -9.09% Downside
• Rating Consensus: Hold
• Number of Analyst Covering: 1

• Rating: 48 Neutral
• Price Target: HK$1.00 ▼(-9.09% Downside)

The overall stock score of 47.5 reflects significant financial performance concerns, particularly due to consistent net losses and cash flow issues. Technical analysis suggests a neutral trend with potential for upward momentum, but valuation remains unattractive due to a negative P/E ratio and lack of dividend yield. The absence of earnings call and corporate events data limits further insights.

Golden Power Group Holdings Ltd. Business Overview & Revenue Model

Company Description

Golden Power Group Holdings Limited, an investment holding company, manufactures and sells a range of batteries for various electronic devices in the People's Republic of China, Hong Kong, and internationally. It operates in two segments, Disposable Batteries, and Rechargeable Batteries and Other Battery-Related Products. The Disposable Batteries segment offers cylindrical batteries and micro-button cells. The Rechargeable Batteries and Other Battery-Related Products segment provides battery chargers, battery power packs, and electric fans. It offers batteries under the Golden Power brand, and brands of private label and OEM customers. The company also involved in property holding and investment activities, and general trading, as well as trading of batteries and battery-related products. The company was founded in 1972 and is headquartered in Tai Po, Hong Kong. Golden Power Group Holdings Limited is a subsidiary of Golden Villa Ltd.

How the Company Makes Money

Golden Power Group Holdings Ltd. generates revenue through the sale of its diverse battery products to both domestic and international markets. The company's primary revenue streams include direct sales to wholesalers and retailers, as well as sales to original equipment manufacturers (OEMs) who incorporate the batteries into their own products. Additionally, Golden Power leverages its established distribution network to reach consumers worldwide. The company's revenue is supported by strategic partnerships and continuous innovation in battery technology to meet the evolving demands of the market.

Golden Power Group Holdings Ltd. Financial Statement Overview

Summary

Golden Power Group Holdings Ltd. demonstrates a mixed financial outlook. Revenue growth is promising, but consistent net losses and cash flow challenges pose significant risks. The balance sheet's stable equity and moderate leverage provide some reassurance, yet profitability issues need addressing to enhance financial health and investor confidence.

Income Statement

The company has shown a moderate revenue growth of 17.56% in the most recent year, reversing the previous year's decline. However, profitability remains a concern with consistent net losses over the past three years, resulting in negative net profit margins. The EBIT margin improved but remains low at 0.48% for 2024. EBITDA margin shows some strength at 4.15%, indicating potential operational efficiency improvements.

Balance Sheet

The balance sheet reflects a stable equity base with a debt-to-equity ratio of 0.74, indicating manageable leverage levels. However, the return on equity is negative due to net losses, which is a concern. The equity ratio of 43.68% suggests a solid capital structure, providing some financial stability.

Cash Flow

The absence of positive operating and free cash flow in the most recent year is concerning. The company's free cash flow growth has been inconsistent, and the lack of operating cash flow in 2024 raises questions about cash generation capabilities. The cash flow from operations was positive in prior years, suggesting potential for recovery.

Breakdown	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	317.76M	270.28M	330.25M	347.22M	315.42M
Gross Profit	79.45M	70.75M	71.54M	73.49M	80.82M
EBITDA	13.20M	15.53M	-5.09M	27.90M	45.33M
Net Income	-6.37M	-10.92M	-22.79M	4.71M	12.34M
Balance Sheet
Total Assets	656.07M	632.55M	627.64M	667.65M	571.75M
Cash, Cash Equivalents and Short-Term Investments	31.49M	28.67M	21.51M	36.63M	14.45M
Total Debt	211.41M	211.80M	219.99M	234.79M	190.84M
Total Liabilities	369.22M	337.71M	340.27M	352.56M	299.66M
Stockholders Equity	286.55M	294.84M	287.37M	315.08M	272.09M
Cash Flow
Free Cash Flow	20.76M	14.72M	7.18M	-37.37M	6.43M
Operating Cash Flow	55.54M	39.84M	17.86M	-1.10M	47.46M
Investing Cash Flow	-34.23M	-25.11M	-10.48M	-36.23M	-40.51M
Financing Cash Flow	-17.66M	-12.06M	-21.90M	59.49M	-11.07M

Golden Power Group Holdings Ltd. Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 1.10
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For HK:3919, the sentiment is Positive. The current price of 1.1 is above the 20-day moving average (MA) of 1.06, above the 50-day MA of 1.04, and above the 200-day MA of 1.01, indicating a bullish trend. The MACD of 0.02 indicates Negative momentum. The RSI at 65.84 is Neutral, neither overbought nor oversold. The STOCH value of 54.76 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for HK:3919.

Golden Power Group Holdings Ltd. Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
8136	68 Neutral	HK$44.00M	4.57	9.85%	―	-19.86%	-38.96%
Sector *	64 Neutral	$10.74B	15.62	8.14%	2.00%	2.79%	-14.82%
1710	54 Neutral	HK$178.00M	21.28	2.07%	6.56%	-13.16%	-81.74%
1539	52 Neutral	HK$1.21B	33.17	13.78%	―	69.91%	188.89%
1750	50 Neutral	HK$84.60M	15.33	3.18%	―	5.80%	57.89%
3919	48 Neutral	HK$35.64M	―	-2.29%	―	5.07%	-87.31%
0724	―	HK$8.82M	―		―	―	―

Golden Power Group Holdings Ltd. Corporate Events

Golden Power Group Holdings Announces Upcoming Board Meeting

Golden Power Group Holdings Limited has announced a board meeting scheduled for August 19, 2025, to discuss and approve the unaudited consolidated results for the first half of 2025. The meeting will also consider the announcement of these results, the potential recommendation of an interim dividend, and other business matters. This announcement indicates the company’s ongoing commitment to transparency and shareholder engagement, potentially impacting its market positioning and stakeholder relations.

Golden Power Group Updates Nomination Committee Terms

Golden Power Group Holdings Ltd. has revised the terms of reference for its Nomination Committee, which was originally established in 2015. The updated terms, effective from July 2025, ensure compliance with the Listing Rules of the Hong Kong Stock Exchange, emphasizing the inclusion of independent non-executive directors and gender diversity among its members. This revision reflects the company’s commitment to maintaining robust governance practices and could enhance its reputation among stakeholders by aligning with regulatory standards and promoting diversity.

Golden Power Group Secures Unanimous Approval at AGM

Golden Power Group Holdings Limited, a company incorporated in the Cayman Islands, held its Annual General Meeting (AGM) on June 24, 2025, where all proposed resolutions were passed. The resolutions included the adoption of the audited financial statements for 2024, reappointment of PKF Hong Kong Limited as auditors, re-election of directors, and granting of mandates to the board for share issuance and repurchase. The unanimous approval of these resolutions reflects strong shareholder support and positions the company for continued operational stability and strategic flexibility.

Golden Power Group Secures Shareholder Approval for Strategic Resolutions

Golden Power Group Holdings Ltd. announced that all resolutions proposed at their Extraordinary General Meeting on June 24, 2025, were passed with overwhelming support. Key resolutions included the adoption of the 2025 Share Option Scheme and approval of the Scheme Mandate Limit and Service Providers Sublimit. The successful passing of these resolutions indicates strong shareholder confidence and positions the company for strategic growth and enhanced operational flexibility.

Golden Power Group Announces EGM to Approve 2025 Share Option Scheme

Golden Power Group Holdings Ltd. has announced an Extraordinary General Meeting (EGM) scheduled for June 24, 2025, to discuss and potentially approve the 2025 Share Option Scheme. This scheme aims to grant options to eligible participants, allowing them to subscribe for shares, with the total number of shares not exceeding 10% of the issued shares. The initiative is designed to incentivize service providers and align their interests with the company’s growth, potentially impacting the company’s market positioning and stakeholder engagement.

Golden Power Group Expands Share Capital with New Subscription

Golden Power Group Holdings Ltd. has completed a subscription of new shares under a general mandate, resulting in the issuance of 5,400,000 new shares at HK$0.9 each. This transaction, which took place on June 5, 2025, increases the company’s share capital by approximately 16.7% and introduces a new substantial shareholder. The proceeds from this subscription, amounting to approximately HK$4.8 million, will primarily be used to repay banking facilities and support general working capital, potentially strengthening the company’s financial position and operational flexibility.

Golden Power Group Announces EGM and Share Option Scheme

Golden Power Group Holdings Ltd. has announced the closure of its register of members in preparation for an extraordinary general meeting scheduled for June 24, 2025. This meeting will address the adoption of a new share option scheme, a move that could impact the company’s operational strategies and shareholder engagement. The closure period for the register of members is set from June 19 to June 24, 2025, during which no share transfers will be processed. This strategic decision is expected to influence the company’s market positioning and stakeholder relations.

Golden Power Group Holdings Announces AGM and Key Resolutions

Golden Power Group Holdings Limited has announced its upcoming annual general meeting (AGM) scheduled for June 24, 2025, in Hong Kong. The AGM will address several key resolutions, including the adoption of the 2024 financial statements, reappointment of the auditor, re-election of directors, and granting a mandate to the directors to issue shares. These resolutions are crucial for the company’s governance and operational continuity, potentially impacting shareholder value and the company’s strategic direction.

Golden Power Group to Issue New Shares Under Subscription Agreement

Golden Power Group Holdings Ltd. has entered into a Subscription Agreement with a subscriber to issue 5,400,000 new shares at a price of HK$0.9 per share, representing a 20% increase in the company’s existing issued share capital. This move is expected to raise approximately HK$4.8 million in net proceeds, which will be used to repay outstanding bank facilities and for general working capital, potentially impacting the company’s financial stability and market positioning.