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China Ocean Group Development Limited (HK:8047)
:8047
Hong Kong Market

China Ocean Group Development Limited (8047) AI Stock Analysis

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Positive Factors
Market Position
Owning a fleet of fishing vessels provides a competitive advantage in sourcing seafood, ensuring supply chain control and market position.
Negative Factors
Declining Revenue
Declining revenue trends indicate potential market share loss or demand issues, impacting long-term financial health and growth prospects.
Read all positive and negative factors
Positive Factors
Negative Factors
Market Position
Owning a fleet of fishing vessels provides a competitive advantage in sourcing seafood, ensuring supply chain control and market position.
Read all positive factors

China Ocean Group Development Limited (8047) vs. iShares MSCI Hong Kong ETF (EWH)

China Ocean Group Development Limited Business Overview & Revenue Model

Company Description
China Ocean Group Development Limited, an investment holding company, engages in the supply chain management and ocean fishing businesses in the People's Republic of China, Hong Kong, and internationally. The company provides services involving th...
How the Company Makes Money
China 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, includ...

China Ocean Group Development Limited Financial Statement Overview

Summary
Income Statement
Balance Sheet
Cash Flow
BreakdownTTMMar 2023Mar 2022Mar 2021Mar 2020Mar 2019
Income Statement
Total Revenue323.29M398.17M225.85M298.74M621.72M826.64M
Gross Profit31.62M45.27M13.79M15.05M41.55M87.20M
EBITDA-9.60M5.00M-8.91M-600.93M-347.72M59.39M
Net Income-55.25M-37.40M-45.75M-657.21M-380.27M28.03M
Balance Sheet
Total Assets1.27B1.06B936.92M1.03B1.54B1.72B
Cash, Cash Equivalents and Short-Term Investments133.00K243.00K4.13M1.55M9.66M2.92M
Total Debt160.16M153.56M166.27M186.41M225.68M197.83M
Total Liabilities764.38M536.35M448.18M501.17M474.80M439.42M
Stockholders Equity467.18M485.54M440.14M473.44M1.01B1.22B
Cash Flow
Free Cash Flow-78.48M-61.27M-41.66M-61.62M-91.96M-80.10M
Operating Cash Flow-78.48M-61.26M-26.02M-61.49M-84.50M-76.84M
Investing Cash Flow-5.00K-5.00K-15.64M-122.00K-7.53M46.00K
Financing Cash Flow103.47M82.68M14.81M27.73M98.81M65.28M

China Ocean Group Development Limited Technical Analysis

Technical Analysis Sentiment
Negative
Last Price0.02
Price Trends
50DMA
0.02
Negative
100DMA
0.02
Negative
200DMA
0.02
Negative
Market Momentum
MACD
>-0.01
Negative
RSI
20.38
Positive
STOCH
-16.67
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 equal to the 20-day moving average (MA) of 0.02, below the 50-day MA of 0.02, and below the 200-day MA of 0.02, indicating a neutral trend. The MACD of >-0.01 indicates Negative momentum. The RSI at 20.38 is Positive, neither overbought nor oversold. The STOCH value of -16.67 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 (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$177.09M
53
Neutral
HK$288.00M4.67-2.55%-1.40%-128.66%
49
Neutral
HK$303.52M-24.30-10.34%106.55%63.20%
47
Neutral
HK$577.92M5.627.49%13.85%37.13%
44
Neutral
HK$593.55M-3.13-13.21%2.25%-35.13%-11.52%
39
Underperform
HK$248.01M-39.53-8.40%9.79%89.05%
* Industrials Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
HK:8047
China Ocean Group Development Limited
0.03
0.00
0.00%
HK:1442
Infinity Logistics and Transport Ventures Limited
0.28
-0.05
-16.42%
HK:1529
Yues International Holdings Group Limited
0.46
0.29
167.65%
HK:1732
XiangXing International Holding Limited
0.23
0.10
73.08%
HK:6123
YTO International Express and Supply Chain Technology Limited
1.42
0.39
37.86%
HK:8292
Worldgate Global Logistics Ltd.
0.23
-0.08
-25.81%
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: ―