China Hongguang Holdings Limited (HK:8646)
:8646
Top Page
China Hongguang Holdings Limited
(8646)
Select Model
Select Model
Rating:68Neutral
Price Target:
HK$0.27
▲(26.19% Upside)
Action:ReiteratedDate:04/10/26
The score is driven by strong valuation (very low P/E) and a solid, low-leverage balance sheet, partially offset by a key financial risk: repeatedly negative and volatile operating/free cash flow. Technicals are neutral to mildly improving, providing limited additional support.
Positive Factors
Balance sheet strength
The company is conservatively financed with modest leverage and a growing equity base. This stronger capital cushion improves resilience to construction-cycle swings, preserves funding optionality for projects or working capital, and reduces bankruptcy and refinancing risk over the medium term.
Negative Factors
Weak cash generation
Repeated negative operating and free cash flows indicate working-capital strain and cash conversion problems. This undermines the quality of reported earnings, limits internal funding for capex or bidding, forces reliance on external financing, and raises medium-term liquidity risk.
Read all positive and negative factors
Positive Factors
Negative Factors
Balance sheet strength
The company is conservatively financed with modest leverage and a growing equity base. This stronger capital cushion improves resilience to construction-cycle swings, preserves funding optionality for projects or working capital, and reduces bankruptcy and refinancing risk over the medium term.
Read all positive factors
China Hongguang Holdings Limited (8646) vs. iShares MSCI Hong Kong ETF (EWH)
Market Cap
HK$173.70M
Dividend YieldN/A
Average Volume (3M)118.80K
Price to Earnings (P/E)1.1
Beta (1Y)-0.52
Revenue Growth5.34%
EPS Growth43.91%
CountryHK
Employees64
SectorIndustrials
Sector Strength72
IndustryConstruction
Share Statistics
EPS (TTM)0.04
Shares Outstanding708,990,000
10 Day Avg. Volume144,000
30 Day Avg. Volume118,800
Financial Highlights & Ratios
PEG Ratio0.02
Price to Book (P/B)0.20
Price to Sales (P/S)0.40
P/FCF Ratio-7.02
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
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
China Hongguang Holdings Limited Business Overview & Revenue Model
Company Description
China Hongguang Holdings Limited, an investment holding company, manufactures and sells architectural glass products in the People's Republic of China. It offers safety glass products, which includes coated, insulating, laminated, and tempered gla...
China Hongguang Holdings Limited Financial Statement Overview
Summary
Income Statement
72
Positive
Balance Sheet
78
Positive
Cash Flow
38
Negative
| Breakdown | TTM | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 231.59M | 236.30M | 242.20M | 217.14M | 208.66M | 203.07M |
| Gross Profit | 65.77M | 77.86M | 63.12M | 63.76M | 65.17M | 57.50M |
| EBITDA | 57.38M | 70.18M | 37.42M | 53.73M | 53.44M | 54.40M |
| Net Income | 40.78M | 55.56M | 21.14M | 35.73M | 34.56M | 39.00M |
Balance Sheet | ||||||
| Total Assets | 532.35M | 563.96M | 468.69M | 439.01M | 407.38M | 323.96M |
| Cash, Cash Equivalents and Short-Term Investments | 149.36M | 34.62M | 61.99M | 89.52M | 68.15M | 12.93M |
| Total Debt | 52.51M | 52.49M | 72.57M | 79.29M | 81.24M | 53.19M |
| Total Liabilities | 162.25M | 96.48M | 126.90M | 121.10M | 138.07M | 123.38M |
| Stockholders Equity | 370.10M | 465.49M | 341.79M | 317.92M | 269.32M | 200.58M |
Cash Flow | ||||||
| Free Cash Flow | -33.94M | -13.58M | 12.21M | -16.36M | -57.87M | 4.80M |
| Operating Cash Flow | -33.94M | -13.58M | 12.21M | -10.11M | -56.97M | 15.11M |
| Investing Cash Flow | 1.00K | 0.00 | 2.00K | -6.24M | -890.00K | -10.30M |
| Financing Cash Flow | 32.50M | 44.83M | -10.85M | 4.25M | 58.20M | 6.12M |
China Hongguang Holdings Limited Technical Analysis
Neutral
0.21
Price Trends
0.22
Positive
0.22
Positive
0.23
Positive
Market Momentum
<0.01
Positive
50.89
Neutral
11.11
Positive
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For HK:8646, the sentiment is Neutral. The current price of 0.21 is below the 20-day moving average (MA) of 0.24, below the 50-day MA of 0.22, and below the 200-day MA of 0.23, indicating a neutral trend. The MACD of <0.01 indicates Positive momentum. The RSI at 50.89 is Neutral, neither overbought nor oversold. The STOCH value of 11.11 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for HK:8646.
China Hongguang Holdings Limited Peers Comparison
UnderperformOutperform
Sector (63)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
74 Outperform | HK$140.00M | 5.19 | 10.12% | ― | 14.65% | ― | |
68 Neutral | HK$173.70M | 1.05 | 9.68% | ― | 5.34% | 43.91% | |
63 Neutral | $10.79B | 15.43 | 7.44% | 2.01% | 2.89% | -14.66% | |
62 Neutral | HK$197.82M | 53.04 | 0.62% | 2.34% | -48.30% | -75.98% | |
52 Neutral | HK$146.00M | 41.61 | 1.14% | ― | -10.27% | -84.38% | |
46 Neutral | HK$166.39M | -0.79 | -58.26% | ― | 0.26% | 69.65% | |
38 Underperform | HK$201.24M | -0.49 | 80.94% | ― | 1.43% | -83.97% |
* Industrials Sector Average
HK:8646
China Hongguang Holdings Limited
0.25
0.02
10.86%
HK:9938
Wah Wo Holdings Group Limited
0.14
0.05
55.56%
HK:1592
Anchorstone Holdings Limited
0.14
-0.09
-38.77%
HK:1897
Million Hope Industries Holdings Ltd.
0.49
0.06
13.95%
HK:1937
JiaChen Holding Group Limited
0.14
-0.21
-59.44%
HK:3313
ArtGo Holdings Ltd.
0.12
-0.06
-35.00%
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.