China Silver Group Ltd. (0815) AI Stock Analysis

• Market Cap: HK$2.20B
• Dividend Yield: N/A
• Average Volume (3M): 102.44M
• Price to Earnings (P/E): 40.7
• Beta (1Y): 0.82
• Revenue Growth: -14.70%
• EPS Growth: 118.68%
• Country: HK
• Employees: 178
• Sector: Basic Materials
• Sector Strength: 58
• Industry: Other Precious Metals
• EPS (TTM): 0.03
• Shares Outstanding: 2,713,005,600
• 10 Day Avg. Volume: 197,223,289
• 30 Day Avg. Volume: 102,441,731
• PEG Ratio: 0.12
• Price to Book (P/B): 0.94
• Price to Sales (P/S): 0.10
• P/FCF Ratio: -6.59
• 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: N/A
• Price Target Upside: N/A
• Rating Consensus: Hold
• Number of Analyst Covering: 0

• Rating: 49 Neutral
• Price Target: HK$0.50 ▼(-20.63% Downside)

The overall stock score of 49 reflects a company with mixed financial performance and technical indicators. The financial performance is hindered by inconsistent revenue and cash flow challenges, while technical analysis shows mild bullish momentum but potential for consolidation. The high P/E ratio suggests the stock may be overvalued, and the lack of a dividend yield limits its appeal to income investors.

China Silver Group Ltd. Business Overview & Revenue Model

Company Description

China Silver Group Ltd. (0815) is a Hong Kong-based company engaged primarily in the silver mining and trading sector. The company operates in various segments, including mining, refining, and distribution of silver and other precious metals. Its core products include silver ingots, bullion, and other silver-related products, catering to both domestic and international markets. The company aims to leverage its expertise in the precious metals industry to enhance its market presence and operational efficiency.

How the Company Makes Money

China Silver Group Ltd. generates revenue primarily through the extraction and sale of silver and other precious metals. The company operates mining and refining facilities that enable it to produce high-quality silver products. Key revenue streams include the sale of silver ingots and bullion to wholesalers, jewelers, and industrial clients. Additionally, the company may benefit from fluctuations in silver prices on global markets. Strategic partnerships with other mining companies and distributors also enhance its market reach and contribute to its earnings, as they can lead to increased sales volumes and improved supply chain efficiencies.

China Silver Group Ltd. Financial Statement Overview

Summary

China Silver Group Ltd. shows a mixed financial performance with improvements in profit margins and ROE, but faces challenges in revenue consistency and cash flow generation. The balance sheet remains moderately stable with manageable leverage, yet the declining equity ratio suggests increased financial risk. Overall, the company needs to focus on improving cash flow management and revenue stability to enhance its financial standing.

Income Statement

The company showed a volatile performance in its income statement. The gross profit margin has decreased from 8.21% in 2020 to 2.57% in 2024, indicating a decline in profitability. The net profit margin improved to 0.23% in 2024 from negative margins in previous years, showing a slight recovery. Revenue growth from 2022 to 2023 was positive at 70.79%, but declined by 22.21% in 2024, signaling inconsistency in revenue generation. The EBIT and EBITDA margins have shown improvement over the years, but remain low at 1.04% and 1.46% respectively in 2024.

Balance Sheet

The balance sheet indicates moderate stability with a debt-to-equity ratio of 0.87 in 2024, showing manageable leverage. The return on equity (ROE) improved to 2.16% in 2024, recovering from negative figures in prior years, indicating a slight enhancement in shareholder value creation. The equity ratio declined to 23.32% in 2024 from 62.32% in 2020, reflecting reduced equity financing and increasing liabilities over time.

Cash Flow

The company has faced challenges in generating consistent cash flows, with operating cash flow being zero in 2024. Free cash flow, although negative in 2023, improved to zero in 2024. The free cash flow growth rate was not calculable due to the absence of figures for 2024. This inconsistency in cash flow generation presents a risk to the company's operational liquidity and financial flexibility.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	4.32B	4.31B	5.55B	3.25B	2.30B	4.76B
Gross Profit	183.00M	111.09M	109.12M	65.81M	138.94M	433.20M
EBITDA	119.59M	63.05M	26.57M	-28.22M	41.05M	317.14M
Net Income	44.32M	9.97M	14.55M	-120.77M	-2.41B	227.50M
Balance Sheet
Total Assets	2.12B	1.98B	2.02B	2.14B	1.86B	4.52B
Cash, Cash Equivalents and Short-Term Investments	633.77M	526.34M	524.68M	589.23M	316.81M	1.19B
Total Debt	264.75M	402.03M	427.39M	411.82M	238.34M	223.77M
Total Liabilities	662.84M	760.53M	784.95M	885.29M	628.17M	869.08M
Stockholders Equity	606.58M	461.44M	451.47M	436.74M	401.09M	2.81B
Cash Flow
Free Cash Flow	0.00	-65.70M	-126.58M	76.79M	-877.61M	363.62M
Operating Cash Flow	0.00	-64.46M	-122.32M	87.37M	-869.24M	384.64M
Investing Cash Flow	0.00	61.27M	66.06M	-132.53M	-2.48M	141.28M
Financing Cash Flow	0.00	5.32M	-8.28M	317.57M	-4.46M	56.39M

China Silver Group Ltd. Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 0.63
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Positive
• RSI: Neutral
• STOCH: Positive

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For HK:0815, the sentiment is Positive. The current price of 0.63 is below the 20-day moving average (MA) of 0.73, above the 50-day MA of 0.58, and above the 200-day MA of 0.40, indicating a neutral trend. The MACD of <0.01 indicates Positive momentum. The RSI at 46.99 is Neutral, neither overbought nor oversold. The STOCH value of 13.14 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for HK:0815.

China Silver Group Ltd. Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
0505	―	HK$898.26M	3.92	9.41%	―	24.22%	-5.91%
Sector *	―	$10.43B	7.12	-0.05%	2.87%	2.86%	-36.73%
0661	―	HK$1.70B	―	-1.52%	―	-4.02%	-1500.00%
2237	―	HK$696.00M	60.53	-1.88%	―	-23.72%	-196.49%
0815	―	HK$2.20B	40.70	8.02%	―	-14.70%	118.68%
0899	―	HK$35.32M	―	-39.61%	―	41.55%	-3780.43%
0159	―	HK$1.09B	―	-7.49%	―	―	-164.29%

China Silver Group Ltd. Corporate Events

China Silver Group Grants Significant Share Awards to Employees

China Silver Group Ltd. announced the grant of 234,212,000 awarded shares to 11 eligible employees under its share award scheme, representing 9.45% of the total shares in issue. This move, effective from September 30, 2025, aims to incentivize employees, although it does not require shareholder approval. The awarded shares will vest on the first anniversary of the grant date, with specific conditions under which they may lapse, such as employee misconduct or insolvency.

China Silver Group Completes Share Subscription, Expands Capital

China Silver Group Ltd. has successfully completed certain subscriptions of new shares under a general mandate, issuing a total of 136,668,000 shares at a subscription price of HK$0.45 per share. This issuance represents approximately 5.51% of the company’s enlarged share capital and has generated net proceeds of approximately HK$61,352,000, which will be applied as previously disclosed. The completion of the remaining subscriptions, totaling 323,332,000 shares, is expected to occur in accordance with the relevant agreements, with further announcements to be made as necessary.

China Silver Group Reports Significant Profit Growth in 1H2025

China Silver Group Ltd. reported a modest revenue increase of 0.5% for the first half of 2025, reaching approximately RMB2,329.7 million. However, the company experienced a significant rise in net profit, which surged by 167.1% to RMB54.9 million, largely driven by a substantial increase in gold product sales and favorable gold prices. The disposal of its Fresh Food Retail segment also contributed to the profit increase. These gains were partially offset by share-based payment expenses related to employee share options.

China Silver Group Projects Strong Profit Growth for 1H2025

China Silver Group Ltd. has issued a positive profit alert, expecting a significant increase in net profit for the first half of 2025, ranging from RMB50 million to RMB60 million, compared to RMB20.6 million in the same period of 2024. This growth is primarily driven by a substantial rise in gold product sales and increased gold prices, enhancing the gross profit margin of its New Jewellery Retail segment. Additionally, the disposal of its Fresh Food Retail segment contributed to the profit increase, although share option expenses partially offset these gains.

China Silver Group Schedules Board Meeting for Interim Results Review

China Silver Group Ltd. has announced that its board of directors will meet on August 26, 2025, to review and approve the interim financial results for the first half of the year and consider the payment of an interim dividend. This meeting is significant as it will provide insights into the company’s financial health and potential returns for shareholders.

China Silver Group Relocates Headquarters to Shenzhen

China Silver Group Ltd. has announced a change in its headquarters and principal place of business in the People’s Republic of China to a new location in Shenzhen, Guangdong. This relocation may signify strategic positioning within the jewelry and precious metals market, potentially impacting its operational efficiency and market presence.