Ximei Resources Holding Ltd. (HK:9936)
:9936
Top Page
Ximei Resources Holding Ltd.
(9936)
Select Model
Select Model
Rating:69Neutral
Price Target:
HK$10.00
▲(63.93% Upside)
Action:DowngradedDate:01/28/26
The score is driven primarily by strong financial performance (revenue growth and improved profitability/ROE) but is held back by negative operating cash flow and zero free cash flow. Technicals are supportive with strong momentum, though overbought signals increase near-term pullback risk. Valuation is mixed given a mid-range P/E and an unusually high dividend yield that looks less supported by cash generation.
Positive Factors
Revenue Growth
Sustained revenue expansion over two years indicates growing market penetration and customer demand for its silicomanganese products. Durable top-line growth supports scale economies, better fixed-cost absorption and provides a platform for long-term margin recovery if managed with disciplined cost control.
Negative Factors
Weak Cash Generation
Negative operating cash flow and zero free cash flow point to conversion issues between reported profits and liquidity. This undermines the firm's ability to fund capex, pay sustainable dividends, or build buffers during downturns without raising external funding or cutting investment.
Read all positive and negative factors
Positive Factors
Negative Factors
Revenue Growth
Sustained revenue expansion over two years indicates growing market penetration and customer demand for its silicomanganese products. Durable top-line growth supports scale economies, better fixed-cost absorption and provides a platform for long-term margin recovery if managed with disciplined cost control.
Read all positive factors
Ximei Resources Holding Ltd. (9936) vs. iShares MSCI Hong Kong ETF (EWH)
Market Cap
HK$5.26B
Dividend Yield0.83%
Average Volume (3M)507.08K
Price to Earnings (P/E)3.6
Beta (1Y)0.15
Revenue Growth11.70%
EPS Growth46.90%
CountryHK
Employees632
SectorBasic Materials
Sector Strength58
IndustryChemicals - Specialty
Share Statistics
EPS (TTM)0.24
Shares Outstanding380,000,000
10 Day Avg. Volume298,250
30 Day Avg. Volume507,083
Financial Highlights & Ratios
PEG Ratio0.18
Price to Book (P/B)0.86
Price to Sales (P/S)0.56
P/FCF Ratio10.38
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)0.57
Revenue Forecast (FY)HK$2.16B
Ximei Resources Holding Ltd. Business Overview & Revenue Model
Company Description
Ximei Resources Holding Limited produces and sells tantalum- and niobium-based metallurgical products in the People's Republic of China, the United States, the European countries, and internationally. It offers tantalum pentoxide and niobium pento...
How the Company Makes Money
Ximei Resources generates revenue primarily through the extraction and sale of mineral resources. Its key revenue streams include the sale of metals such as copper, lead, and zinc, which are sold to various industrial clients and manufacturers. Th...
Ximei Resources Holding Ltd. Financial Statement Overview
Summary
Income Statement
85
Very Positive
Balance Sheet
78
Positive
Cash Flow
50
Neutral
| Breakdown | TTM | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 1.87B | 1.82B | 1.40B | 1.02B | 763.73M | 601.65M |
| Gross Profit | 432.52M | 396.77M | 310.42M | 305.90M | 211.06M | 167.80M |
| EBITDA | 259.06M | 208.81M | 180.98M | 168.36M | 148.85M | 109.25M |
| Net Income | 153.75M | 124.19M | 87.14M | 104.73M | 102.06M | 70.31M |
Balance Sheet | ||||||
| Total Assets | 2.39B | 2.14B | 1.93B | 1.70B | 1.08B | 853.66M |
| Cash, Cash Equivalents and Short-Term Investments | 154.94M | 190.57M | 120.28M | 330.21M | 207.88M | 189.00M |
| Total Debt | 800.69M | 607.26M | 656.70M | 515.44M | 374.39M | 269.10M |
| Total Liabilities | 1.00B | 841.33M | 822.05M | 696.98M | 459.60M | 331.90M |
| Stockholders Equity | 1.25B | 1.18B | 1.03B | 940.82M | 622.78M | 521.76M |
Cash Flow | ||||||
| Free Cash Flow | -220.48M | 97.68M | -310.81M | -208.90M | -32.97M | -111.03M |
| Operating Cash Flow | -187.06M | 118.95M | -238.74M | -42.28M | 111.97M | -93.15M |
| Investing Cash Flow | -30.28M | -31.76M | -84.32M | -168.43M | -185.47M | -16.34M |
| Financing Cash Flow | 131.62M | -25.52M | 113.36M | 355.68M | 61.81M | 242.31M |
Ximei Resources Holding Ltd. Technical Analysis
Neutral
6.10
Price Trends
12.08
Positive
9.44
Positive
7.24
Positive
Market Momentum
0.34
Positive
50.56
Neutral
32.94
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For HK:9936, the sentiment is Neutral. The current price of 6.1 is below the 20-day moving average (MA) of 15.34, below the 50-day MA of 12.08, and below the 200-day MA of 7.24, indicating a neutral trend. The MACD of 0.34 indicates Positive momentum. The RSI at 50.56 is Neutral, neither overbought nor oversold. The STOCH value of 32.94 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for HK:9936.
Ximei Resources Holding Ltd. Peers Comparison
UnderperformOutperform
Sector (61)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
74 Outperform | HK$810.95M | 5.62 | 20.67% | 8.71% | 25.95% | 44.12% | |
69 Neutral | HK$5.26B | 3.59 | 12.68% | 0.83% | 11.70% | 46.90% | |
61 Neutral | $10.43B | 7.12 | -0.05% | 2.87% | 2.86% | -36.73% | |
61 Neutral | HK$1.26B | 3.38 | 3.36% | 7.85% | -5.37% | 25.20% | |
56 Neutral | HK$857.22M | 20.68 | -1.56% | 5.55% | 0.37% | -331.54% | |
56 Neutral | HK$733.92M | -12.72 | -15.31% | ― | 0.35% | -153.95% | |
54 Neutral | HK$119.99M | 15.57 | 1.90% | ― | 5.65% | ― |
* Basic Materials Sector Average
HK:9936
Ximei Resources Holding Ltd.
13.84
9.95
255.78%
HK:0408
Yip's Chemical Holdings
2.24
0.85
61.50%
HK:1047
Ngai Hing Hong Co. Ltd.
0.33
0.03
8.33%
HK:1986
Tsaker New Energy Tech Co., Limited
0.89
0.23
34.85%
HK:0301
SANVO Fine Chemicals Group Limited
1.56
0.66
73.33%
HK:0640
Infinity Development Holdings Co. Ltd.
2.56
0.84
48.75%
Ximei Resources Holding Ltd. Corporate Events
Ximei Resources Announces Resignation of Non-Executive Director
Dec 29, 2025
Ximei Resources Holding Limited has announced the resignation of non-executive director Ouyang Ming, effective 26 December 2025, citing her own business commitments as the reason for stepping down. The company stated that Ouyang has no disagreemen...
Ximei Resources Sets Out Board and Committee Structure
Dec 29, 2025
Ximei Resources Holding Limited has announced the current composition of its board of directors, naming Wu Lijue as chairman and chief executive officer alongside two other executive directors and three independent non-executive directors. The com...
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.