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China Come Ride New Energy Group Limited (HK:8039)
:8039
Hong Kong Market

China Come Ride New Energy Group Limited (8039) AI Stock Analysis

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Positive Factors
Market Position in Renewable Energy
Operating in the renewable energy sector positions the company to benefit from global trends towards sustainability and green energy adoption, potentially driving long-term demand for its products and services.
Negative Factors
Declining Revenue
Declining revenue suggests challenges in maintaining market share and competitiveness, potentially impacting long-term financial stability and growth prospects.
Read all positive and negative factors
Positive Factors
Negative Factors
Market Position in Renewable Energy
Operating in the renewable energy sector positions the company to benefit from global trends towards sustainability and green energy adoption, potentially driving long-term demand for its products and services.
Read all positive factors

China Come Ride New Energy Group Limited (8039) vs. iShares MSCI Hong Kong ETF (EWH)

China Come Ride New Energy Group Limited Business Overview & Revenue Model

Company Description
China Come Ride New Energy Group Limited, an investment holding company, provides architectural and structural engineering consultancy services in Hong Kong. It offers licensing consultancy; alteration and addition works, and minor works consultan...
How the Company Makes Money
The company generates revenue through the sale of its energy storage systems and renewable energy technologies to both commercial and residential customers. Key revenue streams include direct sales of products, installation services, and maintenan...

China Come Ride New Energy Group Limited Financial Statement Overview

Summary
Income Statement
Balance Sheet
Cash Flow
BreakdownTTMMar 2024Mar 2022Mar 2021Mar 2020Mar 2019
Income Statement
Total Revenue19.44M30.67M45.37M35.82M41.25M29.78M
Gross Profit569.00K6.50M7.05M10.30M3.27M-5.72M
EBITDA-5.58M-3.98M-3.47M1.65M-11.52M-29.72M
Net Income-5.73M-4.85M-4.64M-42.00K-13.14M-34.33M
Balance Sheet
Total Assets0.0021.25M16.88M16.72M13.20M32.01M
Cash, Cash Equivalents and Short-Term Investments5.89M4.84M3.96M3.08M2.58M11.15M
Total Debt0.008.27M5.68M6.38M13.94M17.18M
Total Liabilities0.0022.23M13.02M8.21M15.36M21.03M
Stockholders Equity3.86M-988.00K3.86M8.51M-2.16M10.98M
Cash Flow
Free Cash Flow2.91M-2.52M-560.00K-163.00K-5.81M-15.35M
Operating Cash Flow2.91M-1.77M-560.00K-96.00K-5.81M-15.35M
Investing Cash Flow1.00-748.00K1.00K-67.00K820.00K-8.57M
Financing Cash Flow-362.98K3.40M1.43M671.00K-3.58M5.65M

China Come Ride New Energy Group Limited Technical Analysis

Technical Analysis Sentiment
Positive
Last Price0.15
Price Trends
50DMA
0.15
Negative
100DMA
0.15
Negative
200DMA
0.15
Positive
Market Momentum
MACD
<0.01
Positive
RSI
59.43
Neutral
STOCH
90.91
Negative
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For HK:8039, the sentiment is Positive. The current price of 0.15 is above the 20-day moving average (MA) of 0.15, below the 50-day MA of 0.15, and above the 200-day MA of 0.15, indicating a neutral trend. The MACD of <0.01 indicates Positive momentum. The RSI at 59.43 is Neutral, neither overbought nor oversold. The STOCH value of 90.91 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for HK:8039.

China Come Ride New Energy Group Limited Peers Comparison

Overall Rating
UnderperformOutperform
Sector (63)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
63
Neutral
$10.79B15.437.44%2.01%2.89%-14.66%
HK$74.44M-418.42%
69
Neutral
HK$93.24M0.4410.95%10.17%52.69%
56
Neutral
HK$166.00M0.5010.06%-17.67%1010.71%
50
Neutral
HK$109.85M13.37-61.28%-0.64%13.72%
44
Neutral
HK$50.70M-10.79-16.43%-23.73%
43
Neutral
HK$37.42M0.01-161.97%
* Industrials Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
HK:8039
China Come Ride New Energy Group Limited
0.15
0.06
58.95%
HK:1500
In Construction Holdings Ltd
0.20
0.14
217.46%
HK:1718
Wan Kei Group Holdings Limited
0.37
0.14
60.09%
HK:1802
Wenye Group Holdings Limited
0.05
>-0.01
-16.67%
HK:2113
Century Group International Holdings Ltd.
0.06
0.03
65.79%
HK:3822
Sam Woo Construction Group Ltd.
1.11
0.45
68.18%
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: ―