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

• Market Cap: HK$13.07B
• Dividend Yield: 2.58%
• Average Volume (3M): 1.82M
• Price to Earnings (P/E): 35.3
• Beta (1Y): 0.26
• Revenue Growth: N/A
• EPS Growth: N/A
• Country: HK
• Employees: 2,062
• Sector: Consumer Defensive
• Sector Strength: 42
• Industry: Packaged Foods
• EPS (TTM): 0.12
• Shares Outstanding: 1,068,153,200
• 10 Day Avg. Volume: 1,527,420
• 30 Day Avg. Volume: 1,824,802
• PEG Ratio: -0.10
• Price to Book (P/B): 1.82
• Price to Sales (P/S): 1.13
• P/FCF Ratio: 13.61
• 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: HK$13.00
• Price Target Upside: 87.05% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 2
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 62 Neutral
• Price Target: HK$8.00 ▲(15.11% Upside)

The overall stock score is primarily influenced by strong financial performance in terms of revenue growth and profitability, despite liquidity concerns due to negative cash flow metrics. Technical analysis indicates potential bearish momentum, and the valuation suggests the stock is relatively expensive, though the dividend yield offers some compensation.

Positive Factors

Revenue Growth

Strong revenue growth indicates successful market penetration and demand for the company's products, supporting long-term business expansion.

Profitability Improvement

Improved profitability reflects enhanced operational efficiency and cost management, contributing to sustainable financial health.

Balance Sheet Strength

A strong balance sheet with low leverage and high equity ratio provides financial stability and flexibility for future investments.

Negative Factors

Cash Flow Concerns

Negative cash flow indicates potential liquidity issues, limiting the company's ability to fund operations and growth without external financing.

Volatile Net Income

Volatile net income suggests potential instability in earnings, which could impact investor confidence and long-term financial planning.

Liquidity Risks

Liquidity risks due to poor cash flow metrics could constrain operational capabilities and necessitate reliance on debt or equity financing.

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

Company Description

Shiyue Daotian Group Co., Ltd Class H (9676) is a diversified conglomerate based in China, primarily operating in the fields of construction, manufacturing, and real estate development. The company specializes in providing a range of services including project management, engineering, and the production of construction materials. Its core offerings also extend to urban infrastructure development and smart city solutions, positioning it strategically within the rapidly evolving urbanization landscape.

How the Company Makes Money

The company generates revenue through multiple streams, primarily from its construction and real estate development projects. It earns money by undertaking large-scale infrastructure projects, where it contracts to build roads, bridges, and public facilities, often funded by government contracts. Additionally, Shiyue Daotian makes money by selling construction materials produced in-house, which are utilized in their projects as well as sold to third-party construction companies. The company has established strategic partnerships with local governments and private developers, which not only provide a steady flow of contracts but also enhance its market presence and credibility. Moreover, its involvement in smart city initiatives allows for additional revenue through technology integration services and urban planning consulting, catering to the growing demand for sustainable and efficient urban solutions.

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

Summary

The company has demonstrated strong revenue growth and improved profitability, with a solid balance sheet characterized by low leverage and a strong equity ratio. However, cash flow metrics are concerning, with zero operating cash flow in 2024 and historically negative free cash flow, indicating potential liquidity risks.

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	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	6.19B	5.75B	4.87B	4.53B	3.60B	2.33B
Gross Profit	1.24B	1.02B	618.72M	779.55M	537.54M	404.67M
EBITDA	603.86M	422.78M	39.25M	-504.72M	-126.12M	256.15M
Net Income	194.84M	204.37M	-64.86M	-564.22M	-172.86M	13.97M
Balance Sheet
Total Assets	4.24B	4.61B	4.73B	3.06B	2.38B	1.14B
Cash, Cash Equivalents and Short-Term Investments	805.39M	712.97M	1.44B	120.36M	138.22M	44.12M
Total Debt	244.06M	702.72M	1.04B	2.80B	1.94B	653.97M
Total Liabilities	741.74M	1.06B	1.35B	3.17B	2.17B	853.06M
Stockholders Equity	3.50B	3.55B	3.38B	-106.37M	218.59M	282.53M
Cash Flow
Free Cash Flow	-115.76M	476.00M	-286.28M	-177.15M	-852.56M	-87.42M
Operating Cash Flow	11.96M	692.91M	-28.74M	177.22M	-495.16M	90.23M
Investing Cash Flow	-155.21M	-1.13B	-259.81M	-316.34M	-361.17M	-197.18M
Financing Cash Flow	100.73M	-448.94M	1.60B	151.26M	940.42M	118.43M

Shiyue Daotian Group Co., Ltd Class H Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 6.95
• 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:9676, the sentiment is Negative. The current price of 6.95 is below the 20-day moving average (MA) of 7.49, below the 50-day MA of 7.70, and below the 200-day MA of 7.19, indicating a bearish trend. The MACD of -0.20 indicates Positive momentum. The RSI at 32.04 is Neutral, neither overbought nor oversold. The STOCH value of 10.57 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative 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
1475	67 Neutral	HK$7.14B	34.35	5.55%	1.41%	7.29%	-33.19%
2517	66 Neutral	HK$9.03B	26.01	10.58%	4.71%	―	―
Sector *	62 Neutral	$20.33B	14.63	-3.31%	3.23%	1.93%	-12.26%
9676	62 Neutral	HK$13.07B	35.33	5.56%	2.58%	―	―
0345	58 Neutral	HK$6.95B	29.99	7.63%	2.13%	-3.39%	91.63%
1458	58 Neutral	HK$3.63B	18.97	4.81%	5.92%	-6.95%	297.77%
1610	58 Neutral	HK$7.06B	10.83	6.29%	―	100.45%	2.89%

Shiyue Daotian Group Co., Ltd Class H Corporate Events

Shiyue Daotian Group Announces Key Governance Changes at Upcoming EGM

Shiyue Daotian Group Co., Ltd has announced the convening of its second extraordinary general meeting (EGM) of 2025, scheduled for December 16, 2025, in Beijing. The meeting will address several key resolutions, including the appointment of new directors, the abolition of the Board of Supervisors, and amendments to the company’s Articles of Association and procedural rules. These changes could significantly impact the company’s governance structure and operational procedures, potentially influencing its strategic direction and stakeholder relationships.

Shiyue Daotian Group Announces Leadership and Governance Changes

Shiyue Daotian Group Co., Ltd., a joint stock company incorporated in China, has announced several significant changes in its leadership and governance structure. The company is undergoing a transition with the resignation of a non-executive director and the chairman of the board of supervisors, alongside the proposed appointment of new executive and independent non-executive directors. Additionally, the company plans to abolish the board of supervisors and amend its articles of association and corporate governance rules. These changes are aimed at streamlining the company’s governance and ensuring continuity in its operations.

Shiyue Daotian Group Announces Board Composition and Roles

Shiyue Daotian Group Co., Ltd has announced the composition of its board of directors and their respective roles within the company. The board includes executive, non-executive, and independent non-executive directors, with specific members assigned to the Audit, Remuneration, and Nomination Committees. This announcement provides clarity on the governance structure, which is crucial for stakeholders to understand the leadership and decision-making framework of the company.

Shiyue Daotian Group Enhances Governance with New Audit Committee

Shiyue Daotian Group Co., Ltd. has established an Audit Committee under its Board of Directors to enhance its corporate governance practices. This committee is tasked with overseeing the company’s financial reporting process, internal controls, and the appointment and performance of external auditors. The committee’s structure and responsibilities are designed to ensure transparency and accountability, aligning with relevant laws and regulations. By formalizing these procedures, the company aims to protect the interests of its shareholders and improve its operational integrity.

Shiyue Daotian Group Enhances Governance with New Nomination Committee

Shiyue Daotian Group Co., Ltd. has established a Nomination Committee under its Board of Directors to enhance its corporate governance structure. The committee is tasked with reviewing and recommending the selection process and criteria for directors and senior management, ensuring alignment with the company’s strategic goals. This move is expected to strengthen the company’s governance and operational efficiency, potentially improving its industry positioning and stakeholder confidence.

Shiyue Daotian Group Reports Robust Q3 2025 Growth Amid Strategic Expansion

Shiyue Daotian Group Co., Ltd. reported significant growth in the third quarter of 2025, with revenues rising by approximately 25.7% to 31.5% and operational profits increasing by 71.5% to 90.5% compared to the same period in 2024. The company has launched ‘Fresh Rice Season’ marketing activities, which have enhanced brand potential and facilitated the expansion of retail channels and instant retail platforms, positioning the company for sustainable growth.