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Huakang Biomedical Holdings Company Limited (HK:8622)
:8622
Hong Kong Market

Huakang Biomedical Holdings Company Limited (8622) AI Stock Analysis

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HK

Huakang Biomedical Holdings Company Limited

(8622)

52Neutral
Huakang Biomedical Holdings Company Limited receives an overall score of 52, reflecting mixed financial performance with strong balance sheet stability countered by operational inefficiencies. Technical analysis suggests neutral momentum, while valuation concerns persist due to negative earnings and lack of dividend yield. The primary strengths lie in financial stability, but profitability and cash flow generation require improvement.

Huakang Biomedical Holdings Company Limited (8622) vs. S&P 500 (SPY)

Huakang Biomedical Holdings Company Limited Business Overview & Revenue Model

Company DescriptionHuakang Biomedical Holdings Company Limited (8622) is a company engaged in the biomedical sector, focusing on the research, development, production, and sale of healthcare products. The company offers a range of products that cater to various health and wellness needs, including biomedical and nutraceutical products.
How the Company Makes MoneyHuakang Biomedical Holdings Company Limited generates revenue primarily through the sale of its healthcare products. The company's revenue streams include direct product sales to consumers and partnerships with retailers and distributors. By leveraging its research and development capabilities, the company continuously innovates its product offerings, which helps maintain a competitive edge in the market. Significant partnerships with healthcare providers and retail chains also contribute to its earnings by facilitating wider distribution and increasing market penetration.

Huakang Biomedical Holdings Company Limited Financial Statement Overview

Summary
Income Statement
Balance Sheet
Cash Flow
Breakdown
TTMDec 2023Dec 2022Dec 2021Dec 2020Dec 2019
Income StatementTotal Revenue
25.08M24.63M25.33M26.13M21.97M25.47M
Gross Profit
16.54M16.09M16.91M16.46M14.72M17.89M
EBIT
-6.68M-6.48M-2.95M-3.80M-8.74M470.00K
EBITDA
-5.35M-2.55M188.00K-852.00K-8.10M3.49M
Net Income Common Stockholders
-6.11M-5.78M-3.08M-4.22M-11.63M-284.00K
Balance SheetCash, Cash Equivalents and Short-Term Investments
48.79M32.94M33.30M36.21M41.94M48.79M
Total Assets
0.0065.31M66.40M67.06M72.70M78.71M
Total Debt
0.005.14M469.00K1.68M2.64M1.61M
Net Debt
48.79M-27.80M-32.83M-34.52M-39.30M-47.18M
Total Liabilities
0.0014.30M9.88M9.36M10.84M8.03M
Stockholders Equity
70.69M51.02M56.52M57.70M61.86M70.69M
Cash FlowFree Cash Flow
-2.82M-1.55M475.00K-4.71M-6.00M-5.60M
Operating Cash Flow
-2.82M-48.00K1.29M-2.38M-3.92M-3.39M
Investing Cash Flow
-122.00K-1.15M-6.11M-2.06M-1.94M-2.02M
Financing Cash Flow
6.90M1.02M2.32M-1.37M-1.11M-594.00K

Huakang Biomedical Holdings Company Limited Technical Analysis

Technical Analysis Sentiment
Positive
Last Price0.34
Price Trends
50DMA
0.32
Positive
100DMA
0.26
Positive
200DMA
0.22
Positive
Market Momentum
MACD
<0.01
Negative
RSI
67.28
Neutral
STOCH
90.80
Negative
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For HK:8622, the sentiment is Positive. The current price of 0.34 is above the 20-day moving average (MA) of 0.31, above the 50-day MA of 0.32, and above the 200-day MA of 0.22, indicating a bullish trend. The MACD of <0.01 indicates Negative momentum. The RSI at 67.28 is Neutral, neither overbought nor oversold. The STOCH value of 90.80 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for HK:8622.

Huakang Biomedical Holdings Company Limited Peers Comparison

Overall Rating
UnderperformOutperform
Sector (51)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
68
Neutral
HK$12.43B12.567.50%3.20%-0.38%2.07%
52
Neutral
HK$177.67M-7.93%1.13%38.41%
51
Neutral
$5.31B3.33-39.82%2.92%17.95%1.84%
48
Neutral
HK$252.65M-30.23%5.79%-780.00%
48
Neutral
HK$795.76M9.466.29%-21.48%-7.50%
* Healthcare Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
HK:8622
Huakang Biomedical Holdings Company Limited
0.35
0.25
250.00%
HK:8081
Hang Tai Yue Group Holdings Ltd.
0.05
>-0.01
-16.67%
HK:6826
Shanghai Haohai Biological Technology Co., Ltd. Class H
24.45
-3.63
-12.93%
HK:6828
Beijing Gas Blue Sky Holdings Ltd
0.03
-0.01
-25.00%
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.