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China Tontine Wines Group (0389) AI Stock Analysis
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China Tontine Wines Group
(HKEX:0389)
Weak financial performance driven by revenue volatility and persistent losses is the dominant factor limiting the score, partially mitigated by constructive technical indicators including price above key moving averages and positive MACD.
China Tontine Wines Group (0389) vs. iShares MSCI Hong Kong ETF (EWH)
- Market Cap
- HKD 21.41M
- Dividend Yield
- ―
- Average Volume (3M)
- 531.92K
- Price to Earnings (P/E)
- -11.7
- Beta (1Y)
- 0.10
- Revenue Growth
- 61.46%
- EPS Growth
- 89.83%
- Country
- Hong Kong
- Employees
- 79
- Sector
- Consumer Defensive
- Sector Strength
- 62
- Industry
- Beverages - Alcoholic
China Tontine Wines Group Business Overview & Revenue Model
Company Description
China Tontine Wines Group Limited, an investment holding company, produces and sells grape wine in the People's Republic of China. It offers sweet wines and dry wines under the Tongtian, Tongtian Hong, and TONTINE labels. The company also produces an...
How the Company Makes Money
The company primarily makes money by selling wine products. Its core revenue stream is generated from the sale of bottled wine (and related wine products) under its own brands, with sales driven by distribution into retail and other sales channels in...
China Tontine Wines Group Financial Statement Overview
Summary
Revenue volatility with sharp swings, persistent net losses across most years, declining equity and assets, and inconsistent cash flows indicate weak financial performance, though low debt provides limited stability.
Income Statement
25NegativeBalance Sheet
45NeutralCash Flow
35Negative| Breakdown | TTM | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 172.85M | 159.37M | 107.99M | 189.14M | 146.12M | 208.37M |
| Gross Profit | 36.37M | 28.07M | 7.36M | 28.15M | 53.19M | 91.57M |
| EBITDA | 677.34K | 5.18M | -345.23M | -49.97M | -8.57M | 25.03M |
| Net Income | -5.86M | -843.00K | -321.30M | -80.20M | -26.40M | 11.34M |
Balance Sheet | ||||||
| Total Assets | 202.21M | 222.50M | 217.43M | 553.43M | 607.07M | 645.84M |
| Cash, Cash Equivalents and Short-Term Investments | 23.90M | 33.88M | 755.00K | 95.48M | 70.89M | 85.87M |
| Total Debt | 2.80M | 2.90M | 0 | 5.01M | 913.00K | 1.58M |
| Total Liabilities | 62.02M | 69.49M | 60.11M | 56.05M | 39.37M | 67.10M |
| Stockholders Equity | 86.75M | 91.73M | 92.58M | 403.92M | 483.63M | 493.52M |
Cash Flow | ||||||
| Free Cash Flow | -2.57M | 33.18M | -94.79M | 18.30M | -30.43M | 15.55M |
| Operating Cash Flow | 471.30K | 34.13M | -94.25M | 23.67M | -7.03M | 21.70M |
| Investing Cash Flow | -4.40M | -4.18M | -477.00K | -3.13M | -21.11M | -5.91M |
| Financing Cash Flow | -9.57M | -867.00K | 0 | 4.05M | 13.17M | 32.63M |
China Tontine Wines Group Technical Analysis
Price Trends
Market Momentum
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For HK:0389, the sentiment is Negative. The current price of 0.27 is below the 20-day moving average (MA) of 0.31, below the 50-day MA of 0.34, and below the 200-day MA of 0.31, indicating a bearish trend. The MACD of -0.01 indicates Positive momentum. The RSI at 38.20 is Neutral, neither overbought nor oversold. The STOCH value of 11.11 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for HK:0389.
China Tontine Wines Group Peers Comparison
Overall Rating
HK:023669Neutral
HK:850962Neutral- HK:038946Neutral
HK:082846Neutral
HK:814639Underperform
HK:691134Underperform
Financial Indicators
| Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
| HK:0236 | 69Neutral | HKD 388.51M | 10.55 | 5.16% | 5.77% | -8.21% | ― |
| Sector * | 62Neutral | $20.33B | 14.63 | -3.31% | 3.23% | 1.93% | -12.26% |
| HK:8509 | 62Neutral | HKD 200.00M | 3.60 | 15.43% | ― | -4.14% | 0.91% |
| HK:0389 | 46Neutral | HKD 81.42M | -11.72 | -6.57% | ― | 61.46% | 89.83% |
| HK:0828 | 46Neutral | HKD 163.38M | 26.98 | 1.80% | 3.02% | -49.66% | -73.78% |
| HK:8146 | 39Underperform | HKD 272.36M | -67.30 | -3.96% | ― | -9.97% | 94.50% |
| HK:6911 | 34Underperform | HKD 138.75M | -5.25 | -9.40% | ― | ― | ― |
* Consumer Defensive Sector Average
Performance Comparison
| Show on chart | Ticker | Company Name | Price | Change | % Change |
|---|---|---|---|---|---|
| HK:0389 | China Tontine Wines Group Limited | 0.27 | -0.16 | -37.21% | |
| HK:0236 | San Miguel Brewery HK Ltd. | 1.04 | -0.13 | -11.19% | |
| HK:8146 | Grace Wine Holdings Limited | 0.34 | 0.23 | 222.12% | |
| HK:0828 | Dynasty Fine Wines Group Limited | 0.12 | -0.17 | -60.00% | |
| HK:8509 | Wine's Link International Holdings Limited | 0.50 | -0.27 | -35.06% | |
| HK:6911 | Pu'er Lancang Ancient Tea Co., Ltd. | 2.50 | -0.39 | -13.49% |
China Tontine Wines Group Corporate Events
China Tontine Wines Partial Takeover Offer Lapses After Weak Shareholder Response
A conditional voluntary cash partial offer to acquire 56,320,200 shares in China Tontine Wines Group, launched by Mr. Wang He through I Win Securities, drew limited interest from qualifying shareholders. By the first closing date on 2 October 2026, v...
China Tontine Wines Issues Response to Partial Cash Offer
China Tontine Wines Group Limited, a Bermuda-incorporated wine producer listed in Hong Kong under stock code 389, is subject to Hong Kong’s Takeovers Code and maintains a board comprising executive, non-executive and independent non-executive d...
China Tontine Wines Reshapes Independent Board Amid Partial Offer and Listing Rule Gaps
China Tontine Wines Group Limited has announced further changes to its Independent Board Committee following shareholder approval to remove five directors, including executive and non-executive members. As a result, the Independent Board Committee no...
China Tontine Wines Shareholders Oust Five Directors in Sweeping Governance Shake-Up
China Tontine Wines Group Limited, a Hong Kong-listed wine producer, manufactures and markets wine products to consumers in China and surrounding regions. As a Bermuda-incorporated issuer on the Hong Kong Stock Exchange, its governance and board comp...
China Tontine Wines Sets Board and Committee Structure
China Tontine Wines Group Limited has announced the current composition of its board of directors, which includes three executive directors, two non-executive directors and one independent non-executive director, reflecting a streamlined governance s...
China Tontine Wines Reshapes Offer Committee, Hires Independent Adviser
China Tontine Wines Group Limited has adjusted the composition of its Independent Board Committee after independent non-executive director Chan Wai Kit disclosed a potential conflict of interest linked to his role at Amasse Capital Holdings, whose su...
China Tontine Wines Sets Timetable for Conditional Partial Cash Offer
A conditional voluntary cash partial offer has been launched for 56,320,200 shares of China Tontine Wines Group Limited that are not already owned by Mr. Wang He and parties acting in concert with him, signaling a potential change in the shareholding...
Regulatory Consent Clears Way for Partial Takeover Bid at China Tontine Wines
China Tontine Wines Group is facing a partial takeover bid, as investor Wang He has moved to acquire 56,320,200 shares in the Hong Kong-listed wine company through I Win Securities Limited, excluding those already held by him and his concert parties....
China Tontine Wines Sets Out Board and Committee Structure
China Tontine Wines Group Limited has announced the current composition of its board of directors, detailing the mix of executive, non-executive and independent non-executive members. The disclosure underscores the company’s governance framewor...
China Tontine Wines appoints two new executive directors to strengthen board
China Tontine Wines Group has strengthened its senior management team by appointing two new executive directors, effective 1 September 2026, as it seeks to bolster its governance and operational capabilities. The new appointees, both on initial two-y...
China Tontine Wines grows revenue but slips into interim loss
China Tontine Wines Group Limited, incorporated in Bermuda and listed on the Hong Kong Stock Exchange, is a producer and distributor of wines serving the Mainland China market, deriving its income from a range of wine products. The company’s re...
China Tontine Wines Reshapes Board Leadership as Huang Chuwu Becomes Chairman
China Tontine Wines Group has announced a leadership reshuffle effective 31 August 2026, with long‑standing executive director and chief executive officer Mr. Sun Jialiang stepping down as chairman of the board for personal reasons. Mr. Sun wil...
China Tontine Wines Sets Out Board Structure and Governance Committees
China Tontine Wines Group Limited has announced the current composition of its board of directors and the allocation of roles among executive, non-executive and independent non-executive members. The structure underscores the company’s emphasis...
China Tontine Wines Faces Major Board Shake-Up at September SGM
China Tontine Wines Group Limited, a Bermuda-incorporated wine producer listed in Hong Kong, operates from a principal office in Kowloon and uses Hong Kong-based share registrar services to manage its investor base. The company is active in the alcoh...
China Tontine Wines Brings Forward Special General Meeting and Sets Share Register Closure
China Tontine Wines Group Limited has rescheduled its special general meeting from 28 September 2026 to 11 September 2026 at 5:00 p.m., with the venue unchanged, following an agreement between the company and the shareholder who requisitioned the mee...
China Tontine Wines Announces Auditor Name Change
China Tontine Wines Group Limited is a Bermuda-incorporated wine producer and distributor listed on the Hong Kong Stock Exchange, focusing on the Chinese market and overseen by a board that includes executive, non-executive and independent directors....
China Tontine Wines Faces Pre-Conditional Cash Partial Offer
China Tontine Wines Group Limited has disclosed that an offeror intends to make a pre-conditional voluntary cash partial offer to acquire 56,320,200 shares, equal to about 18.68% of its issued share capital, in addition to the 11.22% stake already he...
China Tontine Wines Ends Share Placing as Trading Halt Continues Ahead of Takeover Move
China Tontine Wines Group Limited has terminated its placing agreement and related supplemental agreement for the proposed issue of up to 60,312,360 new shares under its general mandate. The placing price had been revised from HK$0.145 to HK$0.290 pe...
China Tontine Wines Sets Special Meeting as Trading Halt Continues Amid Takeover Talks
China Tontine Wines Group Limited has scheduled a special general meeting for 28 September 2026 in Hong Kong, following a shareholder requisition that called on the board to convene the gathering. The company will distribute a circular, meeting notic...
China Tontine Wines Schedules Interim Results Meeting Amid Trading Halt and Pending Takeover News
China Tontine Wines Group has scheduled a board meeting for 31 August 2026 to review and approve the interim results for the six months ended 30 June 2026 and to consider the declaration of an interim dividend. The meeting will also address the publi...
China Tontine Wines Faces Court Constraints on Share Placing as Trading Suspension Continues
China Tontine Wines Group has disclosed an update on High Court Miscellaneous Proceedings No. 1316 of 2026 involving Bon Voyage Development Limited and Mr. Wang He as plaintiffs, with the company and four directors named as defendants. The case centr...
Wang He Launches Pre-Conditional Partial Cash Offer for China Tontine Wines Shares
China Tontine Wines Group has become the target of a pre-conditional voluntary cash partial offer, as shareholder Wang He signaled his firm intention to acquire an additional 56,320,200 shares at HK$0.20 per share through I Win Securities. Wang He an...
Major Shareholder Seeks Board Shake-Up at China Tontine Wines Group
China Tontine Wines Group has received a requisition from shareholder Bon Voyage Development Limited, which holds about 13.26% of its share capital, demanding that the board convene a special general meeting. The proposed meeting would vote on ordina...
China Tontine Wines Halts Trading Ahead of Takeover Announcement
China Tontine Wines Group has requested a halt in trading of its shares on the Hong Kong Stock Exchange, effective from 9:00 a.m. on August 7, 2026. The suspension comes ahead of the release of a takeover announcement that qualifies as inside informa...
China Tontine Faces Court Challenge Over Placing Agreement
China Tontine Wines Group Limited has disclosed that Bon Voyage Development Limited and an individual shareholder, Wang He, have initiated miscellaneous proceedings in the Hong Kong High Court concerning a placing agreement entered into with Minerva...
China Tontine Wines Shifts Bermuda Registered Office While Keeping Hong Kong Registrar
China Tontine Wines Group Limited, a Bermuda-incorporated wine producer listed in Hong Kong, serves investors in the region and beyond through its offshore registration and Hong Kong share listing. The group’s governance structure includes exec...
China Tontine Wines Rejects Major Share Subscription Proposal from Substantial Shareholder
China Tontine Wines Group Limited has disclosed that it received a proposal from substantial shareholder Wang He to subscribe for 20% new shares at HK$0.20 per share under a specific mandate. The proposal was conditional on cancelling an existing pla...
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 11, 2026