tiprankstipranks
Trending News
More News >
China High Precision Automation Group Ltd. (HK:0591)
:0591
Hong Kong Market

China High Precision Automation Group Ltd. (0591) AI Stock Analysis

Compare
0 Followers

Top Page

HK

China High Precision Automation Group Ltd.

(0591)

52Neutral
China High Precision Automation Group Ltd. has a strong balance sheet and financial stability, but struggles with profitability and cash flow generation. The stock shows some positive technical momentum, trading above key moving averages. However, the negative P/E ratio highlights profitability issues, and the absence of a dividend yield is a drawback for investors seeking income. Overall, the stock is moderately positioned, with significant improvement needed in profitability.

China High Precision Automation Group Ltd. (0591) vs. S&P 500 (SPY)

China High Precision Automation Group Ltd. Business Overview & Revenue Model

Company DescriptionChina High Precision Automation Group Ltd. (0591) is a company engaged in the manufacturing and sale of automation instruments and technology solutions. The company primarily operates in sectors such as industrial automation and precision engineering, providing products that include high precision automation instruments and related equipment. Its offerings cater to industries that require advanced automation solutions to enhance operational efficiency and accuracy.
How the Company Makes MoneyChina High Precision Automation Group Ltd. makes money through the sale of its automation instruments and technology solutions. Its revenue streams include manufacturing and distributing high precision automation equipment to various industrial sectors, which rely on these products for efficient production and operational processes. The company may also engage in partnerships with industrial firms to provide customized automation solutions, thereby enhancing its revenue potential. Additionally, any service contracts or maintenance agreements related to its products could contribute to its earnings.

China High Precision Automation Group Ltd. Financial Statement Overview

Summary
Income Statement
Balance Sheet
Cash Flow
Breakdown
Jun 2024Jun 2023Jun 2022Jun 2021Jun 2020
Income StatementTotal Revenue
139.20M141.54M138.34M128.08M99.21M
Gross Profit
35.03M34.99M32.44M10.94M-5.74M
EBIT
-33.24M-21.73M-27.55M-21.14M-96.33M
EBITDA
-9.79M2.74M-11.27M3.18M-51.45M
Net Income Common Stockholders
-32.73M-22.69M-35.88M-25.90M-87.94M
Balance SheetCash, Cash Equivalents and Short-Term Investments
1.42B1.44B1.43B1.42B1.46B
Total Assets
1.78B1.81B1.82B1.86B1.88B
Total Debt
675.00K174.00K710.00K1.58M2.77M
Net Debt
-1.42B-1.44B-1.43B-1.42B-1.46B
Total Liabilities
89.83M93.47M81.68M84.55M76.93M
Stockholders Equity
1.69B1.72B1.74B1.77B1.81B
Cash FlowFree Cash Flow
-7.29M1.24M10.12M-47.19M20.45M
Operating Cash Flow
-6.41M1.48M10.45M-46.63M21.30M
Investing Cash Flow
-27.99M3.55M6.03M3.81M3.86M
Financing Cash Flow
6.82M5.88M-935.00K-1.20M-1.82M

China High Precision Automation Group Ltd. Technical Analysis

Technical Analysis Sentiment
Positive
Last Price0.23
Price Trends
50DMA
0.20
Positive
100DMA
0.16
Positive
200DMA
0.14
Positive
Market Momentum
MACD
<0.01
Positive
RSI
54.57
Neutral
STOCH
82.34
Negative
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For HK:0591, the sentiment is Positive. The current price of 0.23 is above the 20-day moving average (MA) of 0.23, above the 50-day MA of 0.20, and above the 200-day MA of 0.14, indicating a bullish trend. The MACD of <0.01 indicates Positive momentum. The RSI at 54.57 is Neutral, neither overbought nor oversold. The STOCH value of 82.34 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for HK:0591.

China High Precision Automation Group Ltd. Peers Comparison

Overall Rating
UnderperformOutperform
Sector (59)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
75
Outperform
$52.87B10.377.69%5.23%12.57%-19.40%
75
Outperform
$46.66B10.929.45%2.69%12.59%18.26%
68
Neutral
HK$36.74B10.077.21%4.85%20.21%23.24%
63
Neutral
$15.31B6.135.28%6.75%3.00%-9.11%
59
Neutral
$9.97B10.09-6.54%3.08%7.41%-11.60%
56
Neutral
$102.67B48.081.41%-0.48%139.45%
52
Neutral
HK$234.48M-0.66%25.23%57.14%
* Technology Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
HK:0591
China High Precision Automation Group Ltd.
0.23
0.13
130.00%
HK:1199
COSCO SHIPPING Ports
4.14
-0.21
-4.85%
HK:1072
Dongfang Electric
10.52
0.20
1.91%
HK:2727
Shanghai Electric Group Company
2.51
0.81
47.65%
HK:2380
China Power International Development
2.97
-0.04
-1.49%
HK:3898
Zhuzhou CRRC Times Electric Co
31.45
3.26
11.55%

China High Precision Automation Group Ltd. Corporate Events

China High Precision Automation Reports Strong Interim Results
Feb 28, 2025

China High Precision Automation Group Ltd. reported a significant increase in revenue and profit for the six months ending December 31, 2024, compared to the same period in 2023. The company’s revenue rose to RMB 116,273,000, and it achieved a profit of RMB 15,810,000, marking a turnaround from the previous year’s loss. This improvement highlights the company’s strengthened market position and operational efficiency, which could positively impact stakeholders and enhance its competitive standing in the automation industry.

China High Precision Automation Group Adjusts Proceeds Allocation to Boost R&D
Feb 17, 2025

China High Precision Automation Group Ltd. has announced a reallocation of the unutilized proceeds from its share offer, which was originally set aside for establishing production facilities, network development, and information system development. The reallocation is primarily directed towards research and development efforts, which exceeded the initial budget due to inflation and unforeseen project expenses, particularly in the development of solution metal ion analyzers. This strategic financial adjustment underscores the company’s commitment to advancing its research capabilities and adapting to changing financial needs, potentially enhancing its market position and technological edge.

China High Precision Automation Reports Positive Profit Shift
Feb 14, 2025

China High Precision Automation Group Ltd. has announced a positive profit alert, expecting to record a profit of approximately RMB14.5 million to RMB16.5 million for the six months ended December 31, 2024, a significant turnaround from a loss of RMB5.7 million in the same period the previous year. This improvement is primarily driven by increased sales and consigned processing services in its automation instrument and technology product lines, indicating a strengthening position in the market and potential positive implications for stakeholders.

China High Precision Automation to Review Interim Results and Dividend
Feb 14, 2025

China High Precision Automation Group Ltd. has announced that its Board of Directors will convene a meeting on 28 February 2025 to discuss and approve the unaudited interim results for the six months ended 31 December 2024 and consider an interim dividend. This meeting is a significant event for the company, as it will provide insights into its financial performance and potential return to shareholders, impacting its operations and industry positioning.

China High Precision Automation Group Ltd. Passes Key Resolutions at Extraordinary General Meeting
Feb 13, 2025

China High Precision Automation Group Ltd. announced that all resolutions proposed at its Extraordinary General Meeting (EGM) held on February 13, 2025, were approved by shareholders. Key resolutions included granting the directors the mandate to issue new shares and adopting a new share option scheme. The successful passing of these resolutions signifies a strategic move by the company to expand its financial capabilities and offer enhanced incentives to eligible participants, potentially strengthening its market position and benefiting stakeholders.

Glossary
OutperformA stock rated as "Outperform" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests that the stock is likely to deliver higher returns compared to the average returns of other stocks in the same sector or market index. Investors might consider this stock a good buying opportunity.
NeutralA stock rated as "Neutral" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly attractive nor unattractive for investment. Investors may consider holding onto the stock, as it is not expected to either significantly outperform or underperform the market.
UnderperformA stock rated as "Underperform" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests that the stock may deliver lower returns compared to the average returns of other stocks in the same sector or market index. Investors might consider selling the stock or avoiding it as an investment.

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.