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Freetech Road Recycling Technology (Holdings) Ltd. (HK:6888)
:6888
Hong Kong Market

Freetech Road Recycling Technology (Holdings) Ltd. (6888) AI Stock Analysis

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HK

Freetech Road Recycling Technology (Holdings) Ltd.

(6888)

Rating:50Neutral
Price Target:
HK$0.00
▼(-100.00%Downside)
The company's overall score is primarily impacted by its financial challenges, particularly in revenue and cash flow generation, despite a strong balance sheet. The technical indicators point to a bearish trend without strong momentum. The valuation is stretched with a high P/E ratio and no dividend yield, reducing attractiveness.

Freetech Road Recycling Technology (Holdings) Ltd. (6888) vs. iShares MSCI Hong Kong ETF (EWH)

Freetech Road Recycling Technology (Holdings) Ltd. Business Overview & Revenue Model

Company DescriptionFreetech Road Recycling Technology (Holdings) Ltd. (6888) is a company specializing in the research, development, and provision of road recycling technology and services. It operates primarily in the construction and infrastructure sectors, offering sustainable and cost-effective solutions for road maintenance and rehabilitation. The company's core products and services include advanced road recycling equipment and road maintenance services that emphasize environmental protection and resource conservation.
How the Company Makes MoneyFreetech Road Recycling Technology (Holdings) Ltd. generates revenue through the sale and leasing of its road recycling equipment, as well as through providing road maintenance and rehabilitation services. The company's revenue streams are primarily derived from contracts with government agencies and private sector clients who require efficient and environmentally friendly solutions for road repairs and maintenance. Key factors contributing to its earnings include its technological expertise, the growing demand for sustainable infrastructure solutions, and strategic partnerships or collaborations with other industry players or governmental bodies.

Freetech Road Recycling Technology (Holdings) Ltd. Financial Statement Overview

Summary
The company faces significant challenges in revenue growth and cash flow generation. Although profitability margins have improved, the absence of positive cash flow is concerning. The strong balance sheet with a low debt-to-equity ratio adds financial stability, but future liquidity risks remain due to lack of cash flow.
Income Statement
58
Neutral
The company has shown a significant decline in revenue from 2023 to 2024. Despite the lower revenue, the net profit margin improved due to a significant reduction in expenses, leading to a higher net income in 2024 compared to 2023. However, the drop in revenue is concerning for future growth. Gross profit margins have also declined, indicating pressure on cost management.
Balance Sheet
65
Positive
The company maintains a strong equity position with a low debt-to-equity ratio, highlighting financial stability. However, the decline in total assets over the period needs attention. The equity ratio remains robust, indicating the company is not overly leveraged, which is positive for long-term sustainability.
Cash Flow
40
Negative
The company reported zero operating and free cash flow in 2024, which raises concerns about its ability to generate cash from operations. Historical data shows fluctuations in cash flow, indicating potential volatility in cash management. The lack of positive cash flow growth is a significant risk factor.
BreakdownDec 2024Dec 2023Dec 2022Dec 2021Dec 2020
Income Statement
Total Revenue187.96M543.10M478.26M511.62M541.91M
Gross Profit89.97M116.85M97.92M127.50M118.14M
EBITDA21.93M57.25M-329.00K89.77M71.96M
Net Income12.56M11.68M-32.48M31.95M31.64M
Balance Sheet
Total Assets983.29M1.24B1.27B1.34B1.33B
Cash, Cash Equivalents and Short-Term Investments279.26M246.69M286.34M310.29M293.10M
Total Debt118.49M101.72M102.75M110.66M135.96M
Total Liabilities274.53M472.93M519.34M476.46M527.14M
Stockholders Equity699.17M715.36M722.29M818.99M775.60M
Cash Flow
Free Cash Flow-15.52M-34.97M-1.96M38.98M42.46M
Operating Cash Flow6.35M-21.68M2.44M61.12M58.12M
Investing Cash Flow21.33M20.89M-17.70M-19.06M20.90M
Financing Cash Flow13.62M1.17M778.00K-17.24M-20.11M

Freetech Road Recycling Technology (Holdings) Ltd. Technical Analysis

Technical Analysis Sentiment
Negative
Last Price0.16
Price Trends
50DMA
0.18
Negative
100DMA
0.17
Negative
200DMA
0.18
Negative
Market Momentum
MACD
>-0.01
Positive
RSI
47.60
Neutral
STOCH
12.12
Positive
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For HK:6888, the sentiment is Negative. The current price of 0.16 is below the 20-day moving average (MA) of 0.17, below the 50-day MA of 0.18, and below the 200-day MA of 0.18, indicating a bearish trend. The MACD of >-0.01 indicates Positive momentum. The RSI at 47.60 is Neutral, neither overbought nor oversold. The STOCH value of 12.12 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for HK:6888.

Freetech Road Recycling Technology (Holdings) Ltd. Peers Comparison

Overall Rating
UnderperformOutperform
Sector (58)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
78
Outperform
HK$3.59B6.2611.55%5.01%-2.20%-12.73%
69
Neutral
HK$4.30B8.1812.09%7.65%23.94%-9.82%
58
Neutral
$1.33B4.19-2.93%7.46%3.67%-51.13%
53
Neutral
HK$155.61M-9.55%5.37%-29.77%-321.55%
50
Neutral
HK$168.49M30.180.75%-65.39%-52.59%
44
Neutral
HK$169.17M128.95-1.10%-52.67%-102.48%
29
Underperform
HK$117.09M0.15
-16.85%1198.28%
* Industrials Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
HK:6888
Freetech Road Recycling Technology (Holdings) Ltd.
0.17
0.00
0.00%
HK:0269
China Resources & Transportation Group Ltd.
0.01
0.00
0.00%
HK:2258
Watts International Maritime Engineering Ltd.
0.19
0.00
0.00%
HK:1823
Huayu Expressway Group Limited
0.41
-0.34
-45.33%
HK:1785
Chengdu Expressway Co., Ltd. Class H
2.12
0.18
9.28%
HK:1576
Qilu Expressway Co., Ltd. Class H
2.15
0.02
0.94%

Freetech Road Recycling Technology (Holdings) Ltd. Corporate Events

Freetech Expands Share Award Scheme with New Purchase
Jun 6, 2025

Freetech Road Recycling Technology (Holdings) Ltd. announced the purchase of an additional 200,000 shares as part of its Share Award Scheme. This acquisition represents approximately 0.019% of the company’s issued share capital, with a total consideration of HK$35,320. The move is part of the company’s ongoing efforts to manage its share award scheme, potentially impacting shareholder value and market perception.

Freetech Road Recycling Technology Successfully Passes All AGM Resolutions
May 30, 2025

Freetech Road Recycling Technology (Holdings) Ltd. held its Annual General Meeting on May 30, 2025, where all proposed resolutions were passed with overwhelming support. Key resolutions included the adoption of the company’s financial statements, re-election of directors, re-appointment of auditors, and granting mandates for share repurchase and issuance. This successful AGM reflects strong shareholder confidence and positions the company for continued strategic growth and operational stability.

Freetech Expands Share Award Scheme with New Purchase
May 23, 2025

Freetech Road Recycling Technology (Holdings) Ltd. announced the purchase of 1,600,000 shares as part of its Share Award Scheme, representing approximately 0.148% of the company’s issued share capital. This move, executed by the Trustee, reflects the company’s commitment to its share award scheme, potentially enhancing stakeholder value and reinforcing its market position.

Freetech Expands Share Award Scheme with New Share Purchase
May 16, 2025

Freetech Road Recycling Technology (Holdings) Ltd. announced that its Trustee has purchased an additional 1,400,000 shares on the market as part of its Share Award Scheme. This purchase represents approximately 0.13% of the company’s issued share capital, with an average consideration of HK$0.176 per share, totaling HK$245,960. This move is part of the company’s ongoing efforts to manage its share award scheme, which may have implications for its market positioning and stakeholder interests.

Freetech Announces Closure of Register for AGM Participation
Apr 30, 2025

Freetech Road Recycling Technology (Holdings) Ltd. has announced the closure of its Register of Members from May 27 to May 30, 2025, to determine shareholders eligible to attend and vote at the upcoming annual general meeting on May 30, 2025. This procedural announcement is crucial for shareholders as it outlines the necessary steps to participate in the AGM, potentially impacting shareholder engagement and decision-making processes.

Freetech Expands Share Award Scheme with New Share Acquisition
Apr 17, 2025

Freetech Road Recycling Technology (Holdings) Ltd. announced that its Trustee has acquired an additional 1,100,000 shares on the market as part of its Share Award Scheme. This purchase represents approximately 0.102% of the company’s issued share capital, with a total consideration of HK$199,260. The acquisition is part of the company’s ongoing efforts to incentivize and retain talent, potentially strengthening its market position and aligning the interests of its stakeholders.

Freetech Road Recycling Technology Approves Major Contract at EGM
Apr 16, 2025

Freetech Road Recycling Technology (Holdings) Ltd. successfully passed an ordinary resolution during its extraordinary general meeting held on April 16, 2025. The resolution involved approving a contract with China Construction No. 6 Engineering Department Co., Limited, with an overwhelming majority of 99.99% votes in favor. This approval is expected to strengthen the company’s operational capabilities and enhance its market position within the construction and infrastructure industry.

Freetech Road Recycling Acquires Shares for Award Scheme
Apr 11, 2025

Freetech Road Recycling Technology (Holdings) Ltd. announced the purchase of 3,250,000 shares as part of its Share Award Scheme. This acquisition represents approximately 0.301% of the company’s issued share capital, with a total consideration of HK$541,140. The purchase is intended to support the company’s share award scheme, which aims to incentivize and retain talent within the organization.

Freetech Expands Share Award Scheme with New Share Purchase
Apr 3, 2025

Freetech Road Recycling Technology (Holdings) Ltd. has announced the purchase of 210,000 shares as part of its Share Award Scheme, which represents approximately 0.019% of the company’s issued share capital. This move is part of the company’s ongoing efforts to enhance shareholder value and align the interests of its stakeholders with the company’s long-term growth strategy.

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: Jun 26, 2025