Cornerstone Technologies Holdings Limited (8391) AI Stock Analysis

• Market Cap: HK$362.36M
• Dividend Yield: N/A
• Average Volume (3M): 526.27K
• Price to Earnings (P/E): ―
• Beta (1Y): 0.43
• Revenue Growth: 95.98%
• EPS Growth: -2.60%
• Country: HK
• Employees: 79
• Sector: Industrials
• Sector Strength: 87
• Industry: Specialty Business Services
• EPS (TTM): N/A
• Shares Outstanding: 953,575,400
• 10 Day Avg. Volume: 590,000
• 30 Day Avg. Volume: 526,266
• PEG Ratio: -0.55
• Price to Book (P/B): 5.57
• Price to Sales (P/S): 0.00
• P/FCF Ratio: -5.37
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0

• Rating: 35 Underperform
• Price Target: ―

Cornerstone Technologies Holdings Limited is struggling with significant financial challenges that overshadow recent revenue growth. The company's high debt levels and negative cash flows suggest serious liquidity and solvency concerns. Technical indicators point to bearish momentum, and the lack of profitability is reflected in the negative P/E ratio, leading to a low overall stock score.

Cornerstone Technologies Holdings Limited Business Overview & Revenue Model

Company Description

Cornerstone Technologies Holdings Limited engages in printing, charging, and energy businesses in Hong Kong. The company offers electric vehicle (EV) integrated charging solutions for homes and businesses, including supply and installation of EV chargers, developing EV charging-enabling infrastructure, central management system, hub for e-payment, load management system, and license plate recognition system to electric vehicles and smart parking. It also provides printing, typesetting, and translation services; and energy management solutions, including EV batteries and Solar photovoltaic systems. The company was formerly known as Elegance Commercial and Financial Printing Group Limited and changed its name to Cornerstone Technologies Holdings Limited in October 2020. The company was founded in 1980 and is based in Tsim Sha Tsui, Hong Kong. Cornerstone Technologies Holdings Limited is a subsidiary of Global Fortune Global Limited.

How the Company Makes Money

Cornerstone Technologies Holdings Limited generates revenue through its electric vehicle charging solutions, which include the installation and operation of charging stations. The company earns money by charging fees to electric vehicle owners for using its charging services. Additionally, Cornerstone Technologies may enter into partnerships with property developers, governments, or other organizations to expand their network of charging stations, which can further enhance their revenue streams. The company may also explore additional service offerings or technological innovations in the smart city solutions sector to diversify its income sources.

Cornerstone Technologies Holdings Limited Financial Statement Overview

Summary

Income Statement

Balance Sheet

Cash Flow

Breakdown
TTM	Dec 2023	Dec 2022	Dec 2021	Dec 2020	Mar 2020
Income Statement		Total Revenue
80.94M	78.13M	80.14M	55.03M	54.55M	64.28M
	Gross Profit
13.41M	14.22M	3.19M	6.96M	10.71M	9.35M
	EBIT
-120.49M	-133.29M	-163.94M	-59.71M	-37.45M	-18.39M
	EBITDA
-76.89M	-87.22M	-113.95M	-42.69M	-23.53M	3.17M
	Net Income Common Stockholders
-113.97M	-124.19M	-161.19M	-62.00M	-40.63M	-16.33M
Balance Sheet		Cash, Cash Equivalents and Short-Term Investments
23.38M	23.38M	10.52M	16.62M	33.20M	48.77M
	Total Assets
220.14M	220.14M	170.08M	170.01M	139.46M	126.70M
	Total Debt
65.78M	65.78M	62.95M	83.25M	36.10M	35.90M
	Net Debt
42.39M	42.39M	52.42M	66.62M	2.89M	-12.87M
	Total Liabilities
114.70M	114.70M	119.19M	108.35M	76.01M	51.62M
	Stockholders Equity
105.44M	105.44M	52.40M	62.30M	63.46M	75.08M
Cash Flow		Free Cash Flow
-90.49M	-132.25M	-65.02M	-74.67M	-15.48M	4.38M
	Operating Cash Flow
-44.44M	-95.19M	-32.62M	-64.67M	-6.13M	4.75M
	Investing Cash Flow
-62.03M	-39.35M	-32.76M	-13.85M	-20.98M	-1.99M
	Financing Cash Flow
93.07M	147.39M	59.28M	61.93M	11.54M	-16.14M

Cornerstone Technologies Holdings Limited Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 0.38
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Positive
• RSI: Neutral
• STOCH: Positive

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For HK:8391, the sentiment is Negative. The current price of 0.38 is below the 20-day moving average (MA) of 0.39, below the 50-day MA of 0.41, and below the 200-day MA of 0.54, indicating a bearish trend. The MACD of >-0.01 indicates Positive momentum. The RSI at 39.66 is Neutral, neither overbought nor oversold. The STOCH value of 14.29 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for HK:8391.

Cornerstone Technologies Holdings Limited Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
Sector *	66 Neutral	$4.47B	12.22	5.40%	3.65%	4.14%	-12.00%
8391	35 Underperform	HK$362.36M	―	-270.38%	―	95.98%	-2.60%
GCPEF		$3.12B	―	-11.91%	―	―	―
CUV		€1.12B	―	-26.60%	―	―	―
1323	56 Neutral	HK$115.62M	―	-5.49%	―	-25.73%	-420.73%
1799	41 Neutral	HK$6.91B	―	-11.29%	―	-32.63%	-185.82%
8118	32 Underperform	HK$32.00M	―	-39.40%	―	-36.11%	55.34%