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Cheerwin Group Limited (HK:6601)
:6601
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Cheerwin Group Limited (6601) AI Stock Analysis

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HK:6601

Cheerwin Group Limited

(6601)

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Outperform 79 (OpenAI - 5.2)
Rating:79Outperform
Price Target:
HK$2.50
â–²(6.84% Upside)
Action:Reiterated
Date:05/07/26
The score is driven primarily by strong financial performance (revenue growth, solid margins, and a conservatively financed balance sheet), tempered by inconsistent cash-flow conversion across years. Technicals add support with a positive trend and momentum, while valuation is favorable with a modest P/E and high dividend yield.
Positive Factors
Conservative Balance Sheet
Extremely low debt and a sizeable equity base provide durable financial flexibility: the company can fund capex, absorb demand shocks, sustain dividends or pursue opportunistic M&A without relying on volatile external financing. This materially reduces solvency risk over the medium term.
Negative Factors
Cash-Flow Volatility
Irregular conversion of profits to cash complicates forecasting and weakens confidence in the sustainability of returns. Periodic negative FCF despite profits increases reliance on balance-sheet buffers and can constrain consistent reinvestment, dividends, or debt reduction during downcycles.
Read all positive and negative factors
Positive Factors
Negative Factors
Conservative Balance Sheet
Extremely low debt and a sizeable equity base provide durable financial flexibility: the company can fund capex, absorb demand shocks, sustain dividends or pursue opportunistic M&A without relying on volatile external financing. This materially reduces solvency risk over the medium term.
Read all positive factors

Cheerwin Group Limited (6601) vs. iShares MSCI Hong Kong ETF (EWH)

Cheerwin Group Limited Business Overview & Revenue Model

Company Description
Cheerwin Group Limited, along with its subsidiaries, operates in China, focusing on the production and distribution of a diverse array of consumer products. Their extensive portfolio includes household insecticides and repellents, home cleaning es...
How the Company Makes Money
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Cheerwin Group Limited Financial Statement Overview

Summary
Strong recent performance with sharply higher 2025 revenue, healthy gross margin (~53%) and solid net margin (~11%), supported by a very low-leverage balance sheet (2025 debt-to-equity ~0.02). The main constraint is volatility—operating profitability dipped in 2025 vs 2024 and cash flows have swung meaningfully year to year (including negative FCF in 2024).
Income Statement
78
Positive
Balance Sheet
90
Very Positive
Cash Flow
66
Positive
BreakdownDec 2025Dec 2024Dec 2023Dec 2022Dec 2021
Income Statement
Total Revenue1.99B1.82B1.62B1.44B1.77B
Gross Profit1.05B894.34M718.26M599.81M787.43M
EBITDA184.44M183.84M254.24M119.44M107.20M
Net Income223.69M203.38M175.02M66.10M92.09M
Balance Sheet
Total Assets3.88B3.80B3.84B3.57B3.42B
Cash, Cash Equivalents and Short-Term Investments2.94B2.87B2.77B2.72B2.67B
Total Debt59.39M49.48M28.02M16.61M14.91M
Total Liabilities863.59M812.47M898.67M753.16M687.39M
Stockholders Equity3.03B2.99B2.93B2.81B2.73B
Cash Flow
Free Cash Flow369.07M-5.30M311.60M54.96M-241.35M
Operating Cash Flow375.89M9.35M326.92M66.76M-191.90M
Investing Cash Flow308.82M-190.25M-43.93M-1.29B-199.92M
Financing Cash Flow-176.14M-185.63M-93.63M-105.53M2.08B

Cheerwin Group Limited Technical Analysis

Technical Analysis Sentiment
Negative
Last Price2.34
Price Trends
50DMA
2.23
Negative
100DMA
2.22
Negative
200DMA
2.21
Negative
Market Momentum
MACD
-0.05
Positive
RSI
23.28
Positive
STOCH
11.90
Positive
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For HK:6601, the sentiment is Negative. The current price of 2.34 is above the 20-day moving average (MA) of 2.12, above the 50-day MA of 2.23, and above the 200-day MA of 2.21, indicating a bearish trend. The MACD of -0.05 indicates Positive momentum. The RSI at 23.28 is Positive, neither overbought nor oversold. The STOCH value of 11.90 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for HK:6601.

Cheerwin Group Limited Peers Comparison

Overall Rating
UnderperformOutperform
Sector (62)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
79
Outperform
HK$2.67B10.326.65%5.90%8.92%9.50%
71
Outperform
HK$10.13B7.9542.42%2.53%35.28%41.20%
62
Neutral
$20.33B14.63-3.31%3.23%1.93%-12.26%
60
Neutral
HK$25.33B8.4711.65%5.36%1.76%10.34%
51
Neutral
HK$16.74B-48.55-4.30%5.00%-1.71%53.04%
* Consumer Defensive Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
HK:6601
Cheerwin Group Limited
2.00
-0.62
-23.58%
HK:1044
Hengan International Group Co
21.82
0.63
2.98%
HK:2145
Shanghai Chicmax Cosmetics Co., Ltd. Class H
25.44
-54.62
-68.22%
HK:6993
Blue Moon Group Holdings Ltd.
3.01
-0.88
-22.60%
HK:1318
Mao Geping Cosmetics Co., Ltd. Class H
50.60
-56.02
-52.54%
HK:2657
Shanghai Forest Cabin Cosmetics Group Co., Ltd. Class H
30.72
-52.59
-63.12%

Cheerwin Group Limited Corporate Events

Cheerwin Shareholders Approve Dividend, Director Slate and Capital Mandates at AGM
Jun 17, 2026
Cheerwin Group Limited, a Cayman-incorporated company listed in Hong Kong with over 1.33 billion issued shares, maintains a broad shareholder base and a conventional governance framework that includes non-executive and independent directors. The c...
Cheerwin Sets 2026 AGM to Approve Dividend, Board Mandates and Share Issuance Authority
Apr 29, 2026
Cheerwin Group Limited has convened its annual general meeting for 17 June 2026 in Guangzhou, where shareholders will review the audited financial statements for the year ended 31 December 2025 and vote on a proposed final dividend of RMB0.0821 pe...
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: May 07, 2026