Ev Dynamics (Holdings) Limited (0476) AI Stock Analysis

• Market Cap: HK$341.53M
• Dividend Yield: N/A
• Average Volume (3M): 1.16M
• Price to Earnings (P/E): ―
• Beta (1Y): 0.13
• Revenue Growth: -92.87%
• EPS Growth: -12.23%
• Country: HK
• Employees: 45
• Sector: Consumer Cyclical
• Sector Strength: 84
• Industry: Auto - Recreational Vehicles
• EPS (TTM): -1.71
• Shares Outstanding: 296,979,100
• 10 Day Avg. Volume: 1,228,862
• 30 Day Avg. Volume: 1,155,726
• PEG Ratio: N/A
• Price to Book (P/B): N/A
• Price to Sales (P/S): N/A
• P/FCF Ratio: N/A
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: HK$1.00
• Price Target Upside: -13.04% Downside
• Rating Consensus: Hold
• Number of Analyst Covering: 0

• Rating: 52 Neutral
• Price Target: HK$1.00 ▼(-13.04% Downside)

Ev Dynamics' overall stock score is primarily impacted by its poor financial performance, characterized by declining revenues and persistent losses. While technical indicators suggest some positive momentum, the negative valuation metrics due to ongoing losses further weigh down the score. Strategic improvements in financial health are crucial for future stability.

Ev Dynamics (Holdings) Limited Business Overview & Revenue Model

Company Description

Ev Dynamics (Holdings) Limited, an investment holding company, manufactures electric vehicles in the Philippines, Spain, Germany, and Mexico. It operates in three segments: Development of Electric Vehicles, Mining, and Metals and Minerals Trading. The company manufactures in electric buses, electric power and control systems, and other buses; and markets and sells vehicle components. It also owns the Glauberite Mine located in the Guangxi Zhuang Autonomous Region, the People's Republic of China. In addition, the company is involved in the manufacturing and trading of motor vehicles and batteries; trading of metals and minerals; mining and sale of mineral resources; and development and marketing of new energy technology and products. Further, it provides management and computer maintenance services; trades in computer hardware and software; and develops software. The company was formerly known as China Dynamics (Holdings) Limited and changed its name to Ev Dynamics (Holdings) Limited in July 2021. Ev Dynamics (Holdings) Limited was incorporated in 1996 and is headquartered in Wan Chai, Hong Kong.

How the Company Makes Money

Ev Dynamics generates revenue through multiple streams, primarily from the sale of electric buses and commercial electric vehicles. The company also engages in maintenance and after-sales services, providing ongoing support to customers which contributes to a steady income. In addition, Ev Dynamics may enter into strategic partnerships with governmental and private entities to secure contracts for fleet sales or infrastructure development, further enhancing its revenue. The company also explores opportunities in electric vehicle charging solutions, which may provide an additional revenue stream as the demand for electric mobility continues to grow.

Ev Dynamics (Holdings) Limited Financial Statement Overview

Summary

Ev Dynamics is facing significant financial challenges, with declining revenues, persistent losses, and cash flow difficulties. Despite a low debt-to-equity ratio, the company's inability to generate profits and positive cash flow raises concerns about its financial health and sustainability.

Income Statement

Ev Dynamics has faced significant challenges in its income statement, with a consistent decline in revenue over the years, culminating in a drastic 65.88% drop in the latest period. The company has been unable to achieve profitability, as evidenced by negative gross and net profit margins. The EBIT and EBITDA margins are also deeply negative, indicating operational inefficiencies and high costs relative to revenue.

Balance Sheet

The balance sheet shows a relatively low debt-to-equity ratio, suggesting conservative leverage. However, the return on equity is negative, reflecting ongoing losses and inefficiencies in generating returns from equity. The equity ratio is stable, indicating a solid equity base relative to total assets, but the negative ROE remains a concern.

Cash Flow

Cash flow analysis reveals negative operating cash flow, indicating challenges in generating cash from core operations. Free cash flow has also been negative, with a concerning decline in the latest period. The operating cash flow to net income ratio is negative, highlighting cash flow issues, although the free cash flow to net income ratio suggests some ability to cover net losses with free cash flow.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	8.83M	3.01M	42.24M	36.35M	49.95M	23.79M
Gross Profit	-1.73M	-1.97M	2.70M	-14.61M	-19.52M	-12.74M
EBITDA	-62.24M	-367.01M	-306.84M	-66.77M	-393.37M	-767.99M
Net Income	-261.27M	-372.03M	-319.34M	-81.16M	-408.33M	-780.52M
Balance Sheet
Total Assets	1.34B	976.99M	1.35B	1.71B	2.01B	2.24B
Cash, Cash Equivalents and Short-Term Investments	6.61M	8.40M	40.91M	86.83M	47.44M	68.97M
Total Debt	20.49M	18.67M	29.03M	15.03M	18.16M	11.29M
Total Liabilities	125.49M	129.06M	134.87M	91.55M	133.71M	107.38M
Stockholders Equity	1.24B	872.62M	1.25B	1.66B	1.85B	2.11B
Cash Flow
Free Cash Flow	-15.32M	-9.31M	2.43M	-13.13M	-95.36M	-56.25M
Operating Cash Flow	-14.04M	-7.56M	3.71M	-13.13M	-93.28M	-53.79M
Investing Cash Flow	10.49M	-1.23M	11.04M	2.99M	-7.74M	-2.45M
Financing Cash Flow	4.28M	3.88M	-2.10M	6.81M	52.27M	33.05M

Ev Dynamics (Holdings) Limited Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 1.15
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Negative
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For HK:0476, the sentiment is Positive. The current price of 1.15 is above the 20-day moving average (MA) of 0.95, above the 50-day MA of 0.85, and above the 200-day MA of 0.48, indicating a bullish trend. The MACD of 0.06 indicates Negative momentum. The RSI at 77.77 is Negative, neither overbought nor oversold. The STOCH value of 66.86 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for HK:0476.

Ev Dynamics (Holdings) Limited Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
1843	56 Neutral	106.40M	-37.71	-2.00%	―	17.65%	-369.23%
0048	53 Neutral	29.77M	0.64	15.29%	―	38.42%	172.61%
0476	52 Neutral	HK$341.53M	―	-35.12%	―	-92.87%	-12.23%
6163	47 Neutral	68.54M	-4.61	-7.34%	―	35.28%	25.28%
Sector *	61 Neutral	$18.38B	12.79	-2.54%	3.03%	1.52%	-15.83%

Ev Dynamics (Holdings) Limited Corporate Events

Ev Dynamics to Raise HK$7.8 Million Through New Share Placement

Ev Dynamics (Holdings) Limited has entered into a Placing Agreement with a Placing Agent to issue up to 27 million new shares at HK$0.30 per share, representing a slight premium and discount to recent trading prices. This move aims to raise approximately HK$7.8 million in net proceeds, which will be used as general working capital for the company. The Placing Shares will constitute about 11.90% of the enlarged share capital, and the transaction is subject to certain conditions. The announcement highlights the company’s strategy to strengthen its financial position and operational capabilities.