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China Ocean Group Development Limited (HK:8047)
:8047
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China Ocean Group Development Limited
(8047)
Rating:41Neutral
Price Target:―
China Ocean Group Development Limited (8047) vs. iShares MSCI Hong Kong ETF (EWH)
Market Cap
HK$177.09M
Dividend YieldN/A
Average Volume (3M)635.63K
Price to Earnings (P/E)―
Beta (1Y)0.23
Revenue Growth6.29%
EPS Growth-128.95%
CountryHK
Employees24
SectorIndustrials
Sector Strength86
IndustryIntegrated Freight & Logistics
Share Statistics
EPS (TTM)0.00
Shares Outstanding7,083,656,300
10 Day Avg. Volume1,122,800
30 Day Avg. Volume635,633
Financial Highlights & Ratios
PEG RatioN/A
Price to Book (P/B)N/A
Price to Sales (P/S)0.00
P/FCF RatioN/A
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
China Ocean Group Development Limited Business Overview & Revenue Model
Company DescriptionChina Ocean Group Development Limited (8047) is a Hong Kong-based investment holding company primarily engaged in the aquatic products and marine-related business. The company operates through various segments, including the production, processing, and sale of aquatic products, as well as fishing and vessel management. It is known for sourcing and delivering a wide range of high-quality seafood and marine products to its customers, leveraging its extensive network of fishing vessels and processing facilities.
How the Company Makes MoneyChina Ocean Group Development Limited generates revenue primarily through the sale of aquatic products. The company operates a fleet of fishing vessels that capture various species of seafood, which are then processed and sold to customers, including wholesalers, retailers, and food service businesses. Key revenue streams include the domestic and international sale of fresh and frozen seafood products. The company may also engage in strategic partnerships with other entities in the seafood industry to expand its market reach and enhance its supply chain efficiency, contributing to its overall earnings.
China Ocean Group Development Limited Financial Statement Overview
Summary
Income Statement
Balance Sheet
Cash Flow
| Breakdown | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 398.17M | 225.85M | 298.74M | 621.72M | 826.64M |
| Gross Profit | 45.27M | 13.79M | 15.05M | 41.55M | 87.20M |
| EBITDA | 5.00M | -8.91M | -600.93M | -347.72M | 59.39M |
| Net Income | -37.40M | -45.75M | -657.21M | -380.27M | 28.03M |
Balance Sheet | |||||
| Total Assets | 1.06B | 936.92M | 1.03B | 1.54B | 1.72B |
| Cash, Cash Equivalents and Short-Term Investments | 243.00K | 4.13M | 1.55M | 9.66M | 2.92M |
| Total Debt | 153.56M | 166.27M | 186.41M | 225.68M | 197.83M |
| Total Liabilities | 536.35M | 448.18M | 501.17M | 474.80M | 439.42M |
| Stockholders Equity | 485.54M | 440.14M | 473.44M | 1.01B | 1.22B |
Cash Flow | |||||
| Free Cash Flow | -61.27M | -41.66M | -61.62M | -91.96M | -80.10M |
| Operating Cash Flow | -61.26M | -26.02M | -61.49M | -84.50M | -76.84M |
| Investing Cash Flow | -5.00K | -15.64M | -122.00K | -7.53M | 46.00K |
| Financing Cash Flow | 82.68M | 14.81M | 27.73M | 98.81M | 65.28M |
China Ocean Group Development Limited Technical Analysis
Negative
0.02
Price Trends
0.03
Negative
0.03
Negative
0.03
Negative
Market Momentum
>-0.01
Positive
20.63
Positive
10.83
Positive
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For HK:8047, the sentiment is Negative. The current price of 0.02 is below the 20-day moving average (MA) of 0.03, below the 50-day MA of 0.03, and below the 200-day MA of 0.03, indicating a bearish trend. The MACD of >-0.01 indicates Positive momentum. The RSI at 20.63 is Positive, neither overbought nor oversold. The STOCH value of 10.83 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for HK:8047.
China Ocean Group Development Limited Peers Comparison
Overall Rating
UnderperformOutperform
Sector (58)
Financial Indicators
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
68 Neutral | $56.85B | 9.34 | 7.81% | 3.76% | 7.72% | 2.35% | |
67 Neutral | HK$1.95B | 32.02 | 2.39% | 8.92% | 10.83% | 41.96% | |
64 Neutral | $113.25B | 5.26 | 22.05% | 7.94% | 2.87% | ― | |
59 Neutral | $46.61B | 11.40 | 9.94% | 6.81% | 1.39% | -21.74% | |
58 Neutral | $1.34B | 4.24 | -2.93% | 7.38% | 3.67% | -51.13% | |
44 Neutral | $31.90B | ― | -11.91% | ― | -56.32% | -272.70% | |
41 Neutral | HK$177.09M | ― | -11.86% | ― | 6.29% | -128.95% |
* Industrials Sector Average
Performance Comparison
HK:8047
China Ocean Group Development Limited
0.02
>-0.01
-33.33%
HK:0393
Glorious Sun Enterprises Limited
1.30
0.38
41.30%
HK:3800
GCL-Poly Energy Holdings
1.12
0.05
4.67%
HK:1193
China Resources Gas Group
20.55
-7.81
-27.54%
HK:1171
Yankuang Energy Group Company Limited Class H
8.09
-2.15
-21.03%
HK:2883
China Oilfield Services
6.66
-0.19
-2.77%
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.