China Tianrui Automotive Interiors Co., Ltd. (6162) AI Stock Analysis

• Market Cap: HK$498.00M
• Dividend Yield: N/A
• Average Volume (3M): 25.17M
• Price to Earnings (P/E): ―
• Beta (1Y): 0.43
• Revenue Growth: 23.71%
• EPS Growth: -112.50%
• Country: HK
• Employees: 321
• Sector: Consumer Cyclical
• Sector Strength: 84
• Industry: Auto - Parts
• EPS (TTM): >-0.01
• Shares Outstanding: 2,000,000,000
• 10 Day Avg. Volume: 24,377,600
• 30 Day Avg. Volume: 25,166,133
• PEG Ratio: -1.59
• Price to Book (P/B): 0.60
• Price to Sales (P/S): 0.61
• P/FCF Ratio: -4.81
• 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: 42 Neutral
• Price Target: HK$0.21 ▼(-35.76% Downside)

The score is held down primarily by weak financial performance (declining revenue and negative/declining free cash flow) and bearish technical signals (below key moving averages with negative MACD). Valuation provides little support due to a negative P/E and no dividend yield.

Positive Factors

OEM-focused revenue model

Direct contracts with OEMs, recurring bulk orders and aftermarket partnerships create stable, contract-driven revenue streams. Long-term OEM relationships can provide predictable volume, scale benefits and design-in opportunities that support durable cash generation and product roadmap continuity.

Manageable leverage

A moderate debt profile preserves balance sheet flexibility and reduces refinancing risk, enabling continued investment in tooling and product development. Manageable leverage supports multi-year operational plans and gives management room to fund growth or weather cyclical downturns without immediate capital raises.

Positive operating cash generation

Positive operating cash flow indicates the core manufacturing and supply operations convert sales into cash, a durable sign of operational viability. If management tightens capex or improves working capital, this operational cash can be reinvested to restore free cash flow and fund strategic initiatives.

Negative Factors

Negative free cash flow trend

Sustained negative free cash flow, driven by high capex or poor conversion, limits the firm's ability to self-fund growth, reduce debt, or return capital. Over months this erodes financial flexibility and increases reliance on external financing, raising long-term execution and liquidity risks.

Margin compression

Declining gross and low net margins signal weakening pricing power or rising input costs. Persistently compressed margins reduce reinvestment capacity and ROE, making it harder to finance R&D or absorb cost shocks, and undermining the structural profitability needed for sustainable competitive positioning.

Revenue deterioration

A trend of declining revenue suggests demand softness, client losses, or market-share erosion. Over a multi-month horizon, falling top-line undermines scale economics, increases unit costs, and pressures margins and cash generation, reducing the firm’s ability to invest and compete in the automotive interiors market.

China Tianrui Automotive Interiors Co., Ltd. Business Overview & Revenue Model

Company Description

China Tianrui Automotive Interiors Co., Ltd. (6162) specializes in the design, manufacturing, and distribution of high-quality automotive interior components. The company operates primarily within the automotive sector, providing a range of products including seat covers, dashboard assemblies, and other interior trim elements. With a focus on innovation and sustainability, Tianrui aims to meet the evolving needs of the automotive industry, catering to both domestic and international markets.

How the Company Makes Money

China Tianrui Automotive Interiors Co., Ltd. generates revenue primarily through the sale of its automotive interior products to automobile manufacturers and suppliers. The company's revenue model relies on direct sales contracts with original equipment manufacturers (OEMs), as well as partnerships with aftermarket suppliers. Key revenue streams include bulk orders for mass-produced vehicles, custom design services for specialized automotive projects, and ongoing supply agreements that ensure a steady flow of income. Additionally, the company may benefit from strategic alliances with automotive brands, enhancing its market reach and potential for increased sales volume.

China Tianrui Automotive Interiors Co., Ltd. Financial Statement Overview

Summary

Income statement weakness (declining revenue, compressed gross margin, low net margin) and cash flow pressure (free cash flow decline/negative conversion) outweigh the moderately stable balance sheet (manageable leverage but low ROE).

Income Statement

The company shows declining revenue over the years with a negative revenue growth rate in the latest year, indicating potential demand issues. Gross profit margins have decreased, and net profit margins are low, denoting profitability challenges. Despite this, the company managed a positive net income in the latest year, suggesting some operational improvements.

Balance Sheet

The balance sheet reflects a moderate debt-to-equity ratio, suggesting manageable leverage. However, the equity ratio has shown a slight decline, indicating increased liabilities relative to assets. Return on equity is low, pointing to limited profitability from equity investments. The company needs to enhance asset utilization to improve financial stability.

Cash Flow

The cash flow statement highlights a significant decline in free cash flow, raising concerns about the company's cash management and investment efficiency. Despite a positive operating cash flow, the conversion to free cash flow is negative, suggesting high capital expenditures. The operating cash flow to net income ratio indicates some operational cash generation capability, but further improvements are needed.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	282.79M	242.90M	245.83M	176.09M	295.78M	379.56M
Gross Profit	47.35M	43.94M	47.12M	12.68M	70.55M	116.91M
EBITDA	36.38M	39.34M	46.71M	12.45M	44.78M	91.11M
Net Income	-344.00K	1.97M	3.75M	-26.01M	7.33M	50.87M
Balance Sheet
Total Assets	595.08M	623.56M	528.93M	518.03M	572.32M	625.91M
Cash, Cash Equivalents and Short-Term Investments	102.35M	95.49M	92.60M	78.50M	100.85M	97.48M
Total Debt	177.04M	175.68M	104.20M	131.02M	134.71M	98.13M
Total Liabilities	353.67M	375.96M	283.49M	276.47M	305.64M	355.84M
Stockholders Equity	241.41M	247.60M	245.45M	241.57M	266.67M	270.07M
Cash Flow
Free Cash Flow	2.62M	-30.88M	25.88M	27.05M	-13.27M	29.51M
Operating Cash Flow	26.43M	2.16M	47.30M	55.75M	36.62M	66.45M
Investing Cash Flow	-24.98M	-26.79M	-19.75M	-26.91M	-47.84M	-36.51M
Financing Cash Flow	43.71M	52.64M	-38.57M	-12.89M	17.15M	-3.58M

China Tianrui Automotive Interiors Co., Ltd. Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 0.33
• 50DMA: Negative
• 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:6162, the sentiment is Negative. The current price of 0.33 is above the 20-day moving average (MA) of 0.27, below the 50-day MA of 0.36, and above the 200-day MA of 0.25, indicating a bearish trend. The MACD of -0.03 indicates Negative momentum. The RSI at 41.02 is Neutral, neither overbought nor oversold. The STOCH value of 27.00 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for HK:6162.

China Tianrui Automotive Interiors Co., Ltd. Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
0096	69 Neutral	HK$356.47M	3.65	9.50%	2.54%	4.51%	3.23%
Sector *	61 Neutral	$18.38B	12.79	-2.54%	3.03%	1.52%	-15.83%
1930	58 Neutral	HK$254.10M	13.80	4.80%	1.89%	3.40%	20.78%
2339	44 Neutral	HK$4.60B	-35.26	-13.62%	―	8.41%	32.02%
1991	44 Neutral	HK$142.77M	-1.92	-169.48%	―	-38.26%	35.05%
6830	44 Neutral	HK$398.07M	7.45	3.56%	1.22%	14.93%	19.84%
6162	42 Neutral	HK$498.00M	-1,205.00	-0.12%	―	23.71%	-112.50%

China Tianrui Automotive Interiors Co., Ltd. Corporate Events

China Tianrui Automotive Interiors Announces Change of Auditor

China Tianrui Automotive Interiors Co., Ltd. has announced a change in its auditing firm, with KPMG resigning and Ascenda Cachet CPA Limited being appointed as the new auditor. This decision, driven by cost considerations and the need for effective cost control, is not expected to impact the company’s annual audit or financial reporting. The company has expressed gratitude to KPMG for its services and welcomes Ascenda Cachet, highlighting its competence and independence.

The most recent analyst rating on (HK:6162) stock is a Hold with a HK$0.50 price target. To see the full list of analyst forecasts on China Tianrui Automotive Interiors Co., Ltd. stock, see the HK:6162 Stock Forecast page.