Shiyue Daotian Group Co., Ltd Class H (9676) AI Stock Analysis

• Market Cap: HK$7.77B
• Dividend Yield: 0.54%
• Average Volume (3M): 9.06M
• Price to Earnings (P/E): 30.4
• Beta (1Y): 0.32
• Revenue Growth: N/A
• EPS Growth: N/A
• Country: HK
• Employees: 2,062
• Sector: Industrials
• Sector Strength: 88
• Industry: Packaged Foods
• EPS (TTM): 0.21
• Shares Outstanding: 421,819,430
• 10 Day Avg. Volume: 6,912,620
• 30 Day Avg. Volume: 9,064,513
• PEG Ratio: -0.19
• Price to Book (P/B): -167.05
• Price to Sales (P/S): 0.00
• P/FCF Ratio: -100.31
• 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: 62 Neutral
• Price Target: HK$6.50 ▲(3.17%Upside)

The overall stock score is primarily driven by strong financial performance, especially in revenue growth and profitability, despite liquidity concerns. The technical analysis suggests a neutral market sentiment with weak momentum. Valuation indicates potential overvaluation with a high P/E ratio and modest dividend yield.

Shiyue Daotian Group Co., Ltd Class H Business Overview & Revenue Model

Company Description

Shiyue Daotian Group Co., Ltd., together with its subsidiaries, manufactures and sells pantry staple food in the People's Republic of China. The company operates through three segments: Rice Products; Whole Grain, Bean and Other Products; and Dried Food and Other Products. It offers pre-packaged rice products; pre-packaged mixed brown rice, millet, red bean, seed, corn, and sesame products; and pre-packaged wood ear mushrooms, snow fungus mushrooms, and lotus seeds, as well as by-products, such as bran, husk, and fractioned rice primarily under the Shiyue Daotian, Firewood Courtyard, and Sunshine Family brands. The company was formerly known as Shiyue Daotian Agricultural Technology Co., Ltd. The company was incorporated in 2018 and is headquartered in Beijing, the People's Republic of China.

How the Company Makes Money

Shiyue Daotian Group Co., Ltd generates revenue primarily through the sale of its rice products. The company utilizes a vertically integrated business model, managing the entire production process from cultivation to distribution. Key revenue streams include direct sales to consumers, wholesale distribution to retailers, and partnerships with food service providers. The company also invests in research and development to enhance crop yields and product quality, which contributes to its competitive edge in the market. Additionally, Shiyue Daotian may engage in export activities, expanding its market reach beyond domestic borders, although specific export data is not available.

Shiyue Daotian Group Co., Ltd Class H Financial Statement Overview

Summary

The company has shown strong revenue growth and improved profitability, with a robust balance sheet characterized by low leverage and a strong equity ratio. However, the cash flow metrics reveal potential liquidity issues, as operating cash flow is at zero and free cash flow has been historically negative.

Income Statement

The company has shown significant revenue growth with a rate of 18.04% from 2023 to 2024 and improved gross profit margin to 17.74% in 2024. Net profit margin improved to 3.56% from a negative margin in 2023, indicating a turnaround in profitability. However, the historical volatility in net income and occasional losses in previous years suggest potential risks.

Balance Sheet

The balance sheet is strong with a low debt-to-equity ratio of 0.20, indicating low leverage. The equity ratio is robust at 77.04%, suggesting strong equity financing. Return on equity is modest at 5.75%, reflecting room for improvement in generating shareholder returns. The improved equity position compared to liabilities marks a stable financial structure.

Cash Flow

Cash flow metrics are concerning with operating cash flow at zero in 2024 and historically negative free cash flow. The lack of positive cash flow generation and reliance on financing activities indicate potential liquidity risks. Improvement in free cash flow growth and a positive operating cash flow to net income ratio are necessary for better assessment.

Breakdown
Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement		Total Revenue
5.75B	4.87B	4.53B	3.60B	2.33B
	Gross Profit
1.02B	618.72M	779.55M	537.54M	404.67M
	EBIT
393.37M	144.09M	-375.83M	89.55M	246.47M
	EBITDA
422.78M	39.25M	-504.72M	-126.12M	260.05M
	Net Income Common Stockholders
204.37M	-64.86M	-473.69M	-158.98M	15.05M
Balance Sheet		Cash, Cash Equivalents and Short-Term Investments
726.55M	1.44B	120.36M	138.22M	44.12M
	Total Assets
4.61B	4.73B	3.06B	2.38B	1.14B
	Total Debt
702.72M	1.04B	414.91M	66.02M	291.87M
	Net Debt
-10.26M	-383.78M	294.55M	-42.20M	267.75M
	Total Liabilities
1.06B	1.35B	3.17B	2.17B	853.06M
	Stockholders Equity
3.55B	3.38B	-106.37M	218.59M	282.53M
Cash Flow		Free Cash Flow
476.00M	-286.28M	-177.15M	-852.56M	-87.42M
	Operating Cash Flow
692.91M	-28.74M	177.22M	-495.16M	90.23M
	Investing Cash Flow
-1.13B	-259.81M	-316.34M	-361.17M	-197.18M
	Financing Cash Flow
-448.94M	1.60B	151.26M	940.42M	118.43M

Shiyue Daotian Group Co., Ltd Class H Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 6.30
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Negative
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For HK:9676, the sentiment is Positive. The current price of 6.3 is above the 20-day moving average (MA) of 6.20, below the 50-day MA of 6.34, and below the 200-day MA of 8.38, indicating a neutral trend. The MACD of -0.03 indicates Negative momentum. The RSI at 55.21 is Neutral, neither overbought nor oversold. The STOCH value of 63.23 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for HK:9676.

Shiyue Daotian Group Co., Ltd Class H Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
Sector *	66 Neutral	$4.51B	12.29	5.40%	3.67%	4.15%	-12.21%
9676	62 Neutral	HK$7.77B	30.38		0.54%	―	―
1778	56 Neutral	HK$304.94M	11.88	0.44%	―	23.25%	-22.03%
195H		€16.73B	9.38	8.73%	3.37%	―	―
1V0		€460.39M	―	-29.17%	2.54%	―	―
3662	67 Neutral	HK$384.91M	3.69	8.37%	5.42%	-14.98%	-39.71%
1195	55 Neutral	HK$54.99M	―	-10.07%	―	4.52%	56.52%

Shiyue Daotian Group Co., Ltd Class H Corporate Events

Shiyue Daotian Group Receives CSRC Approval for H Share Full Circulation

Shiyue Daotian Group Co., Ltd. has received a filing notice from the China Securities Regulatory Commission (CSRC) for the full circulation of its H shares. The company plans to convert 646,333,720 domestic unlisted shares into H shares, which will then be listed on the Main Board of the Hong Kong Stock Exchange. This move is expected to enhance the company’s market presence and liquidity, benefiting its shareholders and potentially improving its industry positioning.

Shiyue Daotian Group Announces Final Dividend for 2024

Shiyue Daotian Group Co., Ltd. has announced a final cash dividend of RMB 0.164 per share for the financial year ending December 31, 2024. The dividend will be subject to withholding tax, with a 10% rate applied to non-resident enterprise shareholders. The payment date is set for July 18, 2025, following shareholder approval on June 26, 2025. This announcement may impact shareholder returns and reflects the company’s financial distribution strategy.

Shiyue Daotian Group Announces 2024 AGM with Key Resolutions

Shiyue Daotian Group Co., Ltd. has announced its 2024 Annual General Meeting (AGM) to be held on June 26, 2025, in Beijing, China. The AGM will address several key resolutions, including the approval of the 2024 annual report, financial report, work reports of the Board and Supervisors, profit distribution plan, and remuneration plans for directors and supervisors for 2025. Additionally, special resolutions will be considered for granting the Board mandates to issue shares and repurchase H shares. The meeting’s outcomes could significantly influence the company’s operational strategies and shareholder engagement.

Shiyue Daotian Group Schedules Board Meeting for Annual Results and Dividend Consideration

Shiyue Daotian Group Co., Ltd. has announced that its board of directors will convene on March 24, 2025, to review and approve the company’s annual results for the year ending December 31, 2024. The meeting will also consider the recommendation of a final dividend payment, which could have implications for shareholders and the company’s financial strategy.