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Global New Material International Holdings Limited
(6616)
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Rating:47Neutral
Price Target:
HK$6.50
▼(-35.13% Downside)
Action:Downgraded
Date:04/30/26
The score is held back primarily by weakened financial quality (loss-making year, sharply higher leverage, and negative operating/free cash flow). Technicals provide some support via positive momentum and price strength versus key moving averages, but valuation is constrained by losses and the absence of dividend support.
Positive Factors
Revenue growth momentum
Sustained, accelerated top-line growth across the period indicates rising end-market demand and broader customer adoption of the group's pigments. Durable revenue momentum improves operating leverage potential, supports capacity utilization, and provides a platform to fund strategic investments if margins recover.
Negative Factors
Profitability deterioration
A swing to a large net loss undermines internal funding capacity and signals either pricing pressure, rising costs, or execution shortfalls. Persistently negative margins weaken return metrics, constrain reinvestment ability and raise the bar for operational improvements needed to make top-line growth sustainable.
Read all positive and negative factors
Positive Factors
Negative Factors
Revenue growth momentum
Sustained, accelerated top-line growth across the period indicates rising end-market demand and broader customer adoption of the group's pigments. Durable revenue momentum improves operating leverage potential, supports capacity utilization, and provides a platform to fund strategic investments if margins recover.
Read all positive factors
Global New Material International Holdings Limited (6616) vs. iShares MSCI Hong Kong ETF (EWH)
Market Cap
HK$8.45B
Dividend YieldN/A
Average Volume (3M)7.83M
Price to Earnings (P/E)―
Beta (1Y)0.63
Revenue Growth77.67%
EPS Growth-259.39%
CountryHK
Employees901
SectorBasic Materials
Sector Strength58
IndustryChemicals
Share Statistics
EPS (TTM)-0.31
Shares Outstanding1,248,441,800
10 Day Avg. Volume11,367,600
30 Day Avg. Volume7,825,235
Financial Highlights & Ratios
PEG Ratio0.11
Price to Book (P/B)3.62
Price to Sales (P/S)3.92
P/FCF Ratio-6.86
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
HK$11.13Price Target Upside11.08% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering3
EPS Forecast (FY)0.5
Revenue Forecast (FY)HK$5.91B
Global New Material International Holdings Limited Business Overview & Revenue Model
Company Description
Global New Material International Holdings Limited operates as an investment holding entity focused on the manufacturing and global distribution of pearlescent pigment products. Its extensive market reach spans the People's Republic of China, Asia...
How the Company Makes Money
The company primarily makes money by manufacturing and selling pearlescent pigment products. Revenue is mainly generated from (1) product sales of effect pigments to business customers (e.g., manufacturers and formulators in coatings, plastics, pr...
Global New Material International Holdings Limited Financial Statement Overview
Summary
Income Statement
46
Neutral
Balance Sheet
32
Negative
Cash Flow
24
Negative
| Breakdown | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 2.92B | 1.65B | 1.06B | 916.82M | 669.73M |
| Gross Profit | 1.16B | 884.66M | 528.33M | 455.33M | 334.62M |
| EBITDA | 315.82M | 584.05M | 369.55M | 324.45M | 230.10M |
| Net Income | -381.25M | 242.18M | 181.58M | 223.79M | 162.03M |
Balance Sheet | |||||
| Total Assets | 14.81B | 7.05B | 5.16B | 3.16B | 2.60B |
| Cash, Cash Equivalents and Short-Term Investments | 3.94B | 3.41B | 3.21B | 1.88B | 1.57B |
| Total Debt | 8.39B | 2.43B | 908.04M | 497.81M | 159.92M |
| Total Liabilities | 10.33B | 2.70B | 1.07B | 613.54M | 261.72M |
| Stockholders Equity | 3.15B | 3.38B | 3.16B | 2.36B | 2.17B |
Cash Flow | |||||
| Free Cash Flow | -1.66B | -641.15M | 121.34M | -44.06M | 36.76M |
| Operating Cash Flow | -274.27M | 272.09M | 283.22M | 181.48M | 147.34M |
| Investing Cash Flow | -5.13B | -1.55B | -55.07M | -330.12M | -147.36M |
| Financing Cash Flow | 5.80B | 1.50B | 1.25B | 305.93M | 817.93M |
Global New Material International Holdings Limited Technical Analysis
Negative
10.02
Price Trends
7.66
Negative
7.97
Negative
7.40
Negative
Market Momentum
-0.18
Positive
38.31
Neutral
20.83
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For HK:6616, the sentiment is Negative. The current price of 10.02 is above the 20-day moving average (MA) of 7.21, above the 50-day MA of 7.66, and above the 200-day MA of 7.40, indicating a bearish trend. The MACD of -0.18 indicates Positive momentum. The RSI at 38.31 is Neutral, neither overbought nor oversold. The STOCH value of 20.83 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for HK:6616.
Global New Material International Holdings Limited Peers Comparison
UnderperformOutperform
Sector (61)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
80 Outperform | HK$31.60B | 16.83 | 12.00% | 0.98% | 1.21% | 108.04% | |
61 Neutral | $10.43B | 7.12 | -0.05% | 2.87% | 2.86% | -36.73% | |
51 Neutral | HK$135.45B | 35.30 | 8.78% | 0.29% | 22.09% | ― | |
49 Neutral | HK$3.19B | 6.68 | 7.74% | ― | -5.68% | -25.13% | |
48 Neutral | HK$386.54M | -0.40 | 4206.78% | ― | -16.83% | -45.43% | |
47 Neutral | HK$8.45B | -18.89 | -11.55% | ― | 77.67% | -259.39% | |
40 Underperform | HK$8.55B | 127.69 | 0.46% | 1.16% | -17.38% | 224.44% |
* Basic Materials Sector Average
HK:6616
Global New Material International Holdings Limited
6.77
1.92
39.59%
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111.54%
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59.34%
Global New Material International Holdings Limited Corporate Events
Global New Material Further Delays Circular on Complex Jihua Group Deal
Jun 30, 2026
Global New Material International Holdings Limited has announced a further delay in sending a shareholder circular related to the formation of Junheng LLP, a possible grant of a put option and an acquisition involving the Jihua Group. The circular...
Global New Material Wins Strong Shareholder Backing at 2026 AGM
Jun 26, 2026
Global New Material International Holdings reported that all resolutions at its 26 June 2026 annual general meeting were approved by shareholders, including the receipt of its audited 2025 financial statements and the re-election of several execut...
Global New Material International Opens India Branch to Strengthen Asia-Pacific Footprint
Jun 16, 2026
Global New Material International Holdings has established and registered an Indian branch of its Malaysian subsidiary Surface Solutions Sdn. Bhd., with offices in Mumbai and Kolkata under the “SUSONITY” brand, to serve as its main ope...
Global New Material Wins Top Evaluation for Advanced Synthetic Mica Technology
Jun 11, 2026
Global New Material International Holdings announced that its project on developing long-wearing cosmetic-grade synthetic mica powder has passed a scientific and technological achievement evaluation, earning recognition as domestically leading and...
Global New Material’s Susonity Unit Implements Two-Phase Pigment Price Hike
Jun 9, 2026
Global New Material International’s German subsidiary Susonity is implementing a two-phase price adjustment for its high-performance pigment products to address rising costs in raw materials, labour, logistics and tariffs while preserving pr...
Global New Material Sets 2026 AGM to Renew Board, Auditor and Capital Mandates
Apr 28, 2026
Global New Material International Holdings Limited has convened its annual general meeting for 26 June 2026 in Guangxi, China, where shareholders will review the audited financial statements for the year ended 31 December 2025 and board and audito...
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.