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China Agri-Products Exchange Limited (0149) AI Stock Analysis
China Agri-Products Exchange Limited
(HKEX:0149)
The score is held back primarily by weak financial performance (shrinking revenue and very low net profitability/ROE despite healthy operating margins) and an expensive-looking valuation (very high P/E). These negatives are partially offset by consistently positive and improving free cash flow and a largely neutral technical picture with only mild positive momentum.
China Agri-Products Exchange Limited (0149) vs. iShares MSCI Hong Kong ETF (EWH)
- Market Cap
- HKD 617.09M
- Dividend Yield
- ―
- Average Volume (3M)
- 2.67M
- Price to Earnings (P/E)
- 155.0
- Beta (1Y)
- -0.02
- Revenue Growth
- -28.53%
- EPS Growth
- 0.00%
- Country
- Hong Kong
- Employees
- 711
- Sector
- Real Estate
- Sector Strength
- 65
- Industry
- Real Estate - Diversified
China Agri-Products Exchange Limited Business Overview & Revenue Model
Company Description
China Agri-Products Exchange Limited operates as an investment holding company, with a core business centered on the establishment, development, operation, and management of wholesale markets for agricultural goods throughout the People's Republic of...
China Agri-Products Exchange Limited Financial Statement Overview
Summary
Mixed fundamentals. Income statement is weak (revenue down materially over the last two years and net margin ~2% despite strong operating margin), indicating below-the-line drag and low earnings quality. Balance sheet is serviceable with moderate leverage, but ROE is very low. Cash flow is the bright spot with consistently positive and improving free cash flow in 2026, though volatility and inconsistent coverage metrics limit confidence.
Income Statement
38NegativeBalance Sheet
55NeutralCash Flow
64Positive| Breakdown | TTM | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 609.55M | 383.69M | 530.76M | 698.39M | 596.40M | 868.68M |
| Gross Profit | 309.96M | 253.14M | 531.14M | 579.13M | 330.76M | 456.19M |
| EBITDA | 158.04M | 159.62M | 149.92M | 284.57M | 164.84M | 254.76M |
| Net Income | 5.31M | 7.69M | 7.83M | 7.35M | 18.50M | 37.04M |
Balance Sheet | ||||||
| Total Assets | 4.48B | 4.48B | 4.23B | 4.64B | 4.92B | 5.49B |
| Cash, Cash Equivalents and Short-Term Investments | 0 | 446.93M | 181.73M | 283.52M | 341.31M | 440.44M |
| Total Debt | 1.06B | 1.42B | 1.15B | 1.35B | 1.43B | 1.51B |
| Total Liabilities | 2.47B | 2.47B | 2.21B | 2.57B | 2.79B | 3.14B |
| Stockholders Equity | 1.75B | 1.75B | 1.63B | 1.68B | 1.74B | 1.94B |
Cash Flow | ||||||
| Free Cash Flow | 61.57M | 139.09M | 64.76M | 139.55M | 45.56M | 140.92M |
| Operating Cash Flow | 80.33M | 149.77M | 83.35M | 161.47M | 63.53M | 160.22M |
| Investing Cash Flow | -109.80M | -97.07M | 100.97M | -30.90M | -10.52M | -105.66M |
| Financing Cash Flow | 17.99M | 182.47M | -264.00M | -194.01M | -145.64M | -43.83M |
China Agri-Products Exchange Limited Technical Analysis
Price Trends
Market Momentum
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For HK:0149, the sentiment is Negative. The current price of 0.06 is below the 20-day moving average (MA) of 0.06, below the 50-day MA of 0.06, and below the 200-day MA of 0.07, indicating a bearish trend. The MACD of -0.00 indicates Positive momentum. The RSI at 47.03 is Neutral, neither overbought nor oversold. The STOCH value of 50.53 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for HK:0149.
China Agri-Products Exchange Limited Peers Comparison
Overall Rating
HK:005075Outperform- HK:014950Neutral
HK:234948.3Neutral
HK:196546Neutral
Financial Indicators
| Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
| HK:0050 | 75Outperform | HKD 1.65B | 5.63 | 4.00% | 5.41% | 13.79% | 49.55% |
| Sector * | 65Neutral | $2.17B | 12.19 | 3.79% | 4.94% | 3.15% | 1.96% |
| HK:0149 | 50Neutral | HKD 617.09M | 155.00 | 0.21% | ― | -28.53% | 0.00% |
| HK:2349 | 48Neutral | HKD 303.44M | -2.94 | -19.80% | ― | 36.31% | -43.40% |
| HK:1965 | 46Neutral | HKD 49.29M | 1.45 | -93.63% | ― | -1.98% | ― |
* Real Estate Sector Average
Performance Comparison
| Show on chart | Ticker | Company Name | Price | Change | % Change |
|---|---|---|---|---|---|
| HK:0149 | China Agri-Products Exchange Limited | 0.06 | -0.02 | -22.50% | |
| HK:0050 | Hong Kong Ferry Holdings Co. Ltd. | 4.62 | 0.04 | 0.98% | |
| HK:1965 | Landsea Green Life Service Company Limited | 0.12 | -0.01 | -7.69% | |
| HK:2349 | China City Infrastructure Group Limited | 0.10 | 0.04 | 59.02% |
China Agri-Products Exchange Limited Corporate Events
China Agri-Products Exchange Wins Strong Shareholder Backing at AGM
China Agri-Products Exchange Limited reported that shareholders at its 19 August 2026 annual general meeting approved all resolutions by poll, covering the adoption of the audited financial statements for the year ended 31 March 2026 and the re-elect...
China Agri-Products Exchange, Wang On Group Seal RMB64 Million Sale-Leaseback with Haier
China Agri-Products Exchange Limited and its parent Wang On Group Limited have entered into a sale and leaseback arrangement through their subsidiaries Qinzhou Hongjin and Kaifeng Hongjin with Haier as lessor, involving assets sold for RMB64 million,...
China Agri-Products Exchange Sets 2026 AGM and Seeks Fresh Share Issuance Mandate
China Agri-Products Exchange Limited has called its annual general meeting for 19 August 2026 in Hong Kong, where shareholders will review and adopt the audited consolidated financial statements, as well as the directors’ and independent audito...
China Agri-Products Exchange Updates Bermuda Registered Office Address
China Agri-Products Exchange Limited, a Hong Kong-listed company in the agricultural products trading and exchange services industry, manages its corporate affairs through a Bermuda registered office and a Hong Kong branch share registrar. Its board...
China Agri-Products Exchange issues HK$22m July 2038 notes under MTN programme
China Agri-Products Exchange Limited has issued a new tranche of unsecured fixed-rate notes under its HK$1 billion medium-term note programme, continuing to tap the debt market for long-term funding. The first tranche of series number 6 notes, dubbed...
China Agri-Products Exchange Profit Halves as Revenue Slides, Property Gains Bolster Liquidity
China Agri-Products Exchange Limited reported a sharp deterioration in financial performance for the year ended 31 March 2026, with revenue falling 28.9% to HK$377.4 million and gross profit down 10.3% to HK$265.7 million. Net profit halved to HK$15....
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.
Date of analysis: Sep 22, 2026