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

HK:0476

Ev Dynamics (Holdings) Limited

(HKEX:0476)

Select Model
Rating:48Neutral
Price Target:HKD 0.67â–¼(-12.03% Downside)
Action:reiterated
Date:09/30/26

The overall score is constrained by very weak profitability and negative cash generation, with persistent losses and a negative P/E significantly weighing on the stock’s quality, while a strong recent price uptrend and relatively low volatility provide some offset but may be fragile given stretched momentum.

Positive Factors
Low leverageVery modest leverage gives Ev Dynamics greater financial flexibility than a highly indebted manufacturer. Lower refinancing exposure can help preserve resources for operations and investment, while also providing more resilience if losses continue or industry conditions remain difficult over the coming quarters.
Negative Factors
Persistent net lossesDeep and recurring operating losses indicate that the business has not yet established an economically sustainable cost structure. Continued losses can erode capital, restrict internally funded investment, and make any revenue recovery less valuable unless expenses are brought into durable alignment with sales.

Ev Dynamics (Holdings) Limited (0476) vs. iShares MSCI Hong Kong ETF (EWH)

-60%-50%-40%-30%-20%-10%0%10%20%HK:0476-20.31%EWH+7.37%Dec '25Jan '26Feb '26Mar '26Apr '26May '26Jun '26Jul '26Aug '26Sep '26Oct '26
Market Cap
HKD 272.07M
Dividend Yield
―
Average Volume (3M)
384.36K
Price to Earnings (P/E)
-0.8
Beta (1Y)
0.49
Revenue Growth
1264.48%
EPS Growth
51.28%
Country
Hong Kong
Employees
59
Sector
Consumer Cyclical
Sector Strength
61
Industry
Auto - Manufacturers

Ev Dynamics (Holdings) Limited Business Overview & Revenue Model

Company Description

Ev Dynamics (Holdings) Limited, an investment holding company, manufactures and sells electric vehicles in Hong Kong, the Philippines, and Thailand. It operates through three segments: Development and Sales of Electric Vehicles, Mining, and Metals an...

How the Company Makes Money

null

Ev Dynamics (Holdings) Limited Financial Statement Overview

Summary

Revenue has rebounded, but recurring operating losses, deeply negative net income, and sustained negative operating and free cash flow indicate a weak and pressured financial profile despite modest leverage.

Income Statement

18Very Negative

Balance Sheet

52Neutral

Cash Flow

22Negative
Financial statement breakdown
BreakdownTTMMar 2025Mar 2024Mar 2023Mar 2022Mar 2021
Income Statement
Total Revenue41.10M41.10M3.01M42.24M36.35M49.95M
Gross Profit10.84M7.37M-1.97M2.70M-14.61M-19.52M
EBITDA-17.32M-17.47M-367.01M-306.84M-66.77M-393.37M
Net Income-292.00M-292.00M-372.03M-319.34M-81.16M-408.33M
Balance Sheet
Total Assets792.41M792.41M976.99M1.35B1.71B2.01B
Cash, Cash Equivalents and Short-Term Investments2.13M2.13M8.40M40.91M86.83M47.44M
Total Debt37.65M37.65M18.67M29.03M15.03M18.16M
Total Liabilities136.13M136.13M129.06M134.87M91.55M133.71M
Stockholders Equity683.35M683.35M872.62M1.25B1.66B1.85B
Cash Flow
Free Cash Flow-50.33M-50.22M-9.31M2.43M-13.13M-95.36M
Operating Cash Flow-42.54M-42.43M-7.56M3.71M-13.13M-93.28M
Investing Cash Flow-7.80M-7.53M-1.23M11.04M2.99M-7.74M
Financing Cash Flow43.74M43.37M3.88M-2.10M6.81M52.27M

Ev Dynamics (Holdings) Limited Technical Analysis

Technical Analysis SentimentPositive
Last Price0.77

Price Trends

50DMA0.71Positive
100DMA0.59Positive
200DMA0.63Positive

Market Momentum

MACD-0.00Positive
RSI56.74Neutral
STOCH19.05Positive

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 0.77 is above the 20-day moving average (MA) of 0.76, above the 50-day MA of 0.71, and above the 200-day MA of 0.63, indicating a bullish trend. The MACD of -0.00 indicates Positive momentum. The RSI at 56.74 is Neutral, neither overbought nor oversold. The STOCH value of 19.05 is Positive, 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

Overall Rating

UnderperformOutperform
Sector (61)

Financial Indicators

HK:0476 against its peers
NameOverall RatingMarket CapP/E RatioROEDividend YieldRevenue GrowthEPS Growth
Sector *61Neutral$18.38B12.79-2.54%3.03%1.52%-15.83%
HK:1930HK:193055NeutralHKD 254.10M14.803.83%1.79%43.21%-14.34%
HK:1188HK:118849NeutralHKD 244.23M6.67-23.02%―1293.64%―
HK:0476HK:047648NeutralHKD 272.07M-0.81-36.58%―1264.48%51.28%
HK:0048HK:004848NeutralHKD 197.00M-4.04-11.47%―-49.50%-125.49%
HK:0559HK:055948NeutralHKD 65.92M2.405.71%―-8.39%-125.08%
HK:3708HK:370844NeutralHKD 168.36M-9.63-9.13%―3.35%-414.29%

* Consumer Cyclical Sector Average

Performance Comparison

0%100%200%HK:0476HK:0559HK:1188HK:1930HK:3708HK:0048Dec '25Jan '26Feb '26Mar '26Apr '26May '26Jun '26Jul '26Aug '26Sep '26Oct '26
HK:0476 and its peers over the selected period
Show on chartTickerCompany NamePriceChange% Change
HK:0476Ev Dynamics (Holdings) Limited0.77-0.21-21.94%
HK:0559DeTai New Energy Group 0.13-0.05-28.00%
HK:1188Hybrid Kinetic Group 0.010.000.00%
HK:1930Shinelong Automotive Lightweight Application Limited0.390.024.90%
HK:3708China Supply Chain Holdings Limited0.21-0.01-5.00%
HK:0048China Automotive Interior Decoration Holdings Limited0.450.31230.88%

Ev Dynamics (Holdings) Limited Corporate Events

Ev Dynamics Boosts Liquidity With Fundraising and Asset Disposal to Address Going-Concern Disclaimer

Oct 26, 2026

Ev Dynamics (Holdings) Limited, a Bermuda-incorporated company listed in Hong Kong, operates in the e-mobility solutions industry with a focus on electric mobility products and services. Its market strategy centers on financing expansion of its e-Mob...

Ev Dynamics Wins Unanimous Shareholder Backing for Multiple Subscription Deals

Oct 20, 2026

Independent shareholders of Ev Dynamics (Holdings) Limited have unanimously approved four subscription agreements at a special general meeting held on 20 October 2026. All resolutions, relating to specific mandates for share subscriptions by Golden G...

Ev Dynamics to Relocate Registered Office in Bermuda

Oct 8, 2026

Ev Dynamics (Holdings) Limited, a Bermuda-incorporated company listed on the Hong Kong Stock Exchange, operates within the automotive and new energy-related sectors through its holding structure, overseen by a board that includes executive, non-execu...

Ev Dynamics Relocates Hong Kong Head Office to Kowloon Bay

Oct 8, 2026

Ev Dynamics (Holdings) Limited has announced a change of its head office and principal place of business in Hong Kong, effective 12 October 2026, to new premises at Chevalier Commercial Centre in Kowloon Bay. The company’s telephone and facsimi...

Ev Dynamics calls October SGM to approve HK$0.66 share subscriptions

Oct 2, 2026

Ev Dynamics (Holdings) Limited has called a special general meeting in Hong Kong on 20 October 2026 for shareholders to vote on three subscription agreements that will issue a total of 64 million new shares at HK$0.66 each. The proposed mandates woul...

Ev Dynamics Defends Discounted Sale Price for Chongqing Industrial Property

Sep 30, 2026

Ev Dynamics has issued a supplemental announcement detailing how it set the consideration for the disposal of an industrial property in Baima Town, Wulong District, Chongqing. The company engaged Beijing Huaxinlian Asset Valuation to appraise the sit...

Ev Dynamics Shareholders Approve AGM Resolutions as CEO Zeng Yan Becomes Chairman

Sep 29, 2026

Ev Dynamics (Holdings) Limited reported that all resolutions put to shareholders at its annual general meeting on 29 September 2026 were approved by poll. Investors backed the adoption of the latest audited financial statements, the re-election of al...

Ev Dynamics details board and committee structure to bolster governance

Sep 29, 2026

Ev Dynamics (Holdings) Limited has outlined the composition of its board of directors, led by chairman and chief executive officer Zeng Yan, supported by one additional executive director, two non-executive directors and three independent non-executi...

Ev Dynamics Sets October SGM to Approve New Share Issuances

Sep 28, 2026

Ev Dynamics (Holdings) Limited has scheduled a special general meeting on 20 October 2026 for shareholders to consider and vote on connected transactions involving the issuance of new shares to a director under a specific mandate, as well as other ne...

Ev Dynamics Sells Chongqing Industrial Property in Discloseable Transaction

Sep 7, 2026

Ev Dynamics (Holdings) Limited has agreed to dispose of an industrial property in Baima Town Industrial Park, Wulong District, Chongqing, through its subsidiary Chongqing Suitong New Energy Automotive Manufacturing Co., Ltd. The asset comprises two l...

Ev Dynamics Issues Supplemental AGM Notice to Revise Director Re-election Resolutions

Sep 3, 2026

Ev Dynamics (Holdings) Limited has issued a supplemental notice to its upcoming annual general meeting in Hong Kong, revising one of the previously published agenda items. The original resolution item 2 has been deleted and replaced with a new set of...

Ev Dynamics Announces Major Share Issue and Director Redesignation

Aug 28, 2026

Ev Dynamics (Holdings) Limited has redesignated director He Chao Rong from independent non-executive to non-executive director, reflecting a shift in his governance role while maintaining board-level involvement. The move coincides with a new share i...

Ev Dynamics Sets Out Board Line-Up and Governance Committees

Aug 28, 2026

Ev Dynamics (Holdings) Limited, a Bermuda-incorporated electric vehicle manufacturer listed in Hong Kong, has outlined the composition of its board and key governance committees. The company’s leadership includes Executive Chairman Ms. Chan Hoi...

Ev Dynamics Appoints He Chao Rong as Independent Non-Executive Director

Aug 13, 2026

Ev Dynamics (Holdings) Limited has appointed 33-year-old Mr. He Chao Rong as an independent non-executive director, effective 13 August 2026, under a two-year appointment letter. Mr. He, who holds a management degree from Shenzhen University and has...

Ev Dynamics Outlines Board Structure and Key Governance Committees

Aug 13, 2026

Ev Dynamics (Holdings) Limited has announced the current composition of its board of directors, led by Chairman Ms. Chan Hoi Ying and Chief Executive Officer Mr. Zeng Yan, alongside executive director Mr. Yan Zhang Yan and five independent non-execut...

Ev Dynamics Raises HK$15.48 Million Through New Share Subscription

Aug 7, 2026

Ev Dynamics (Holdings) Limited has completed a share subscription under its general mandate, issuing 31 million new shares at HK$0.50 each to a new investor. The placement raises net proceeds of about HK$15.48 million, which the company plans to appl...

Ev Dynamics Narrows Estimated Audit Fee Range for FY2027

Aug 4, 2026

Ev Dynamics (Holdings) Limited, a Bermuda-incorporated holding company listed on the Hong Kong Stock Exchange, oversees a group whose principal business activities and corporate structure are expected to remain consistent year on year. Its governance...

Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

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 30, 2026