GHW International (9933) AI Stock Analysis

• Market Cap: HK$2.36B
• Dividend Yield: N/A
• Average Volume (3M): 337.60K
• Price to Earnings (P/E): 133.0
• Beta (1Y): 1.28
• Revenue Growth: 11.08%
• EPS Growth: 147.89%
• Country: HK
• Employees: 1,120
• Sector: Basic Materials
• Sector Strength: 58
• Industry: Chemicals
• EPS (TTM): <0.01
• Shares Outstanding: 1,009,500,000
• 10 Day Avg. Volume: 350,800
• 30 Day Avg. Volume: 337,600
• PEG Ratio: 0.48
• Price to Book (P/B): 4.01
• Price to Sales (P/S): 0.61
• P/FCF Ratio: -37.06
• 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: Hold
• Number of Analyst Covering: 0
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 59 Neutral
• Price Target: HK$2.50 ▲(11.61% Upside)

The overall stock score is driven by strong technical momentum, but is tempered by financial concerns such as high leverage and weak cash flow. The high P/E ratio suggests overvaluation, adding risk to the investment.

GHW International Business Overview & Revenue Model

Company Description

GHW International (9933) is a diversified multinational company operating primarily in the logistics and supply chain management sector. With a strong focus on innovative solutions in freight forwarding, warehousing, and distribution, GHW International services a range of industries including retail, manufacturing, and e-commerce. The company is dedicated to enhancing operational efficiency and providing tailored services to meet the dynamic needs of its global clientele.

How the Company Makes Money

GHW International generates revenue through multiple key streams. Primarily, the company earns income from its logistics services, which include freight forwarding, transportation management, and warehousing solutions. These services are charged based on volume and distance, providing scalable revenue opportunities. Additionally, GHW International has established strategic partnerships with major shipping lines and transportation networks, allowing for cost-effective service delivery and enhanced service offerings. The company also benefits from value-added services, such as customs brokerage and supply chain consulting, which provide additional revenue. Seasonal demand fluctuations, particularly in the retail sector, can significantly impact earnings, making effective inventory and logistics management crucial to maximizing profitability.

GHW International Financial Statement Overview

Summary

GHW International shows revenue growth and improved operational efficiency, but significant leverage and weak cash flow management are concerning. The company needs to enhance profitability and cash flow stability.

Income Statement

GHW International's revenue has shown a steady growth trajectory, with a notable increase from 2023 to 2024. Gross profit margin improved slightly to 10.12% in 2024, indicating better cost management. However, the net profit margin remains low at 0.33%, affected by high operating costs. EBIT and EBITDA margins also show improvement, reflecting operational efficiency gains.

Balance Sheet

The company's debt-to-equity ratio is relatively high, indicating significant leverage, which could pose risks in adverse conditions. Return on equity has improved but remains modest at 2.18% in 2024. The equity ratio, at 28.62%, suggests a balanced but cautious financial structure with room for strengthening the equity base.

Cash Flow

GHW International's cash flow position is weak, with zero reported free cash flow in 2024, indicating potential liquidity challenges. The lack of positive operating cash flow growth and free cash flow to net income ratio suggests potential inefficiencies in cash generation and usage.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	3.93B	3.86B	3.22B	3.38B	2.83B	2.10B
Gross Profit	366.99M	391.02M	336.98M	657.90M	476.12M	273.27M
EBITDA	-7.59M	39.42M	17.34M	329.44M	176.11M	31.84M
Net Income	15.34M	12.75M	2.72M	274.63M	130.71M	-5.17M
Balance Sheet
Total Assets	2.09B	2.05B	1.74B	1.68B	1.37B	1.02B
Cash, Cash Equivalents and Short-Term Investments	155.54M	101.73M	77.84M	103.30M	58.02M	62.56M
Total Debt	937.06M	862.35M	718.32M	663.43M	700.00M	572.24M
Total Liabilities	1.46B	1.42B	1.16B	1.08B	1.03B	816.25M
Stockholders Equity	595.70M	585.78M	581.42M	602.62M	339.08M	205.50M
Cash Flow
Free Cash Flow	-35.59M	-63.40M	-19.81M	-40.29M	-337.51M	-213.31M
Operating Cash Flow	21.11M	61.04M	120.07M	234.08M	-122.53M	-125.22M
Investing Cash Flow	-86.15M	-158.51M	-140.43M	-197.72M	-164.18M	-150.75M
Financing Cash Flow	72.88M	126.98M	-4.97M	9.07M	284.99M	303.34M

GHW International Technical Analysis

• Technical Analysis Sentiment: Neutral
• Last Price: 2.24
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For HK:9933, the sentiment is Neutral. The current price of 2.24 is below the 20-day moving average (MA) of 2.29, above the 50-day MA of 2.12, and above the 200-day MA of 1.78, indicating a neutral trend. The MACD of 0.06 indicates Positive momentum. The RSI at 51.29 is Neutral, neither overbought nor oversold. The STOCH value of 60.00 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for HK:9933.

GHW International Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
Sector *	61 Neutral	$10.43B	7.12	-0.05%	2.87%	2.86%	-36.73%
1702	60 Neutral	HK$1.21B	16.88	3.61%	1.85%	-8.51%	-68.34%
9933	59 Neutral	HK$2.36B	132.95	2.59%	―	11.08%	147.89%
2198	57 Neutral	HK$2.78B	3.69	13.87%	―	9.20%	213.87%
0609	54 Neutral	HK$1.22B	18.94	2.46%	3.73%	-5.29%	-32.47%
0954	41 Neutral	€153.61M	-1.89	-13.04%	―	-17.15%	30.94%
0827	40 Underperform	HK$162.76M	-0.27	-112.79%	―	-22.72%	-212.73%

GHW International Corporate Events

GHW International Reports Increased Revenue and Net Profit for H1 2025

GHW International, a company incorporated in the Cayman Islands, reported its interim financial results for the six months ending June 30, 2025. The company experienced a 3.7% increase in revenue compared to the same period in 2024, reaching approximately RMB1,856.7 million. Despite a decrease in gross profit by 12.4%, the net profit rose by 77.1% to approximately RMB7.9 million. Basic earnings per share also increased by 40%. However, the Board decided not to recommend any interim dividend for this period.

The most recent analyst rating on (HK:9933) stock is a Hold with a HK$1.50 price target. To see the full list of analyst forecasts on GHW International stock, see the HK:9933 Stock Forecast page.

GHW International Clarifies Share Option Scheme Details in Annual Report

GHW International has issued a supplemental and clarification announcement regarding its annual report for the year ended 31 December 2024. The company has clarified that the total number of shares available for grant under its Share Option Scheme as of 31 December 2024 is 100,000,000 shares, which represents approximately 9.91% of the total issued shares, correcting an earlier figure of 100,950,000 shares. This announcement does not affect any other information in the annual report.

The most recent analyst rating on (HK:9933) stock is a Hold with a HK$1.50 price target. To see the full list of analyst forecasts on GHW International stock, see the HK:9933 Stock Forecast page.

GHW International Announces Positive Profit Alert for H1 2025

GHW International has announced a positive profit alert, expecting a net profit of approximately RMB8 million for the first half of 2025, compared to RMB4.4 million in the same period of 2024. The increase in profit is attributed to gains from currency appreciation and a value-added tax credit refund, despite facing decreased gross profits from some products due to increased market competition.

The most recent analyst rating on (HK:9933) stock is a Hold with a HK$1.50 price target. To see the full list of analyst forecasts on GHW International stock, see the HK:9933 Stock Forecast page.

GHW International Schedules Board Meeting to Review Interim Results

GHW International has announced an upcoming board meeting scheduled for August 27, 2025, to discuss and approve the interim financial results for the first half of the year, as well as to consider the recommendation of an interim dividend. This meeting is significant as it will provide insights into the company’s financial health and potential returns for shareholders, impacting its operations and market positioning.