Apollo Future Mobility Group Limited (0860) AI Stock Analysis

• Market Cap: €623.69M
• Dividend Yield: N/A
• Average Volume (3M): 172.14K
• Price to Earnings (P/E): ―
• Beta (1Y): 0.54
• Revenue Growth: 7.55%
• EPS Growth: 40.31%
• Country: HK
• Employees: 43
• Sector: Consumer Cyclical
• Sector Strength: 84
• Industry: Luxury Goods
• EPS (TTM): -0.10
• Shares Outstanding: 1,022,438,100
• 10 Day Avg. Volume: 129,540
• 30 Day Avg. Volume: 172,141
• 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: N/A
• Price Target Upside: N/A
• Rating Consensus: Hold
• Number of Analyst Covering: 0

• Rating: 48 Neutral
• Price Target: HK$0.50 ▼(-26.47% Downside)

The overall stock score of 48 reflects significant financial challenges, particularly with declining revenue and substantial net losses. While the technical analysis shows some short-term strength, the long-term outlook remains weak. The negative P/E ratio and lack of dividend yield further highlight valuation concerns. Strategic improvements are necessary to enhance financial health and investor confidence.

Apollo Future Mobility Group Limited Business Overview & Revenue Model

Company Description

Apollo Future Mobility Group Limited, an investment holding company, engages in the trading, retail, and wholesale of jewelry products, watches, and other commodities in Mainland China, Hong Kong, Japan, Germany, and internationally. It also designs, develops, manufactures, sells, and distributes high performance hypercars. In addition, the company provides mobility technology solutions, and engineering and loan financing services. Further, it engages in the property investment business. The company was formerly known as WE Solutions Limited and changed its name to Apollo Future Mobility Group Limited in May 2020. Apollo Future Mobility Group Limited was incorporated in 2002 and is headquartered in Sheung Wan, Hong Kong.

How the Company Makes Money

Apollo Future Mobility Group generates revenue primarily through the sale of its electric vehicles, including passenger cars and commercial vehicles such as electric buses. The company may also earn income from the sale of components and technology related to electric mobility. Key revenue streams include direct vehicle sales, partnerships with local governments and municipalities for fleet electrification projects, and potential collaborations with other automotive and technology companies for research and development initiatives. Additionally, the company may explore opportunities in after-sales services, maintenance contracts, and software solutions that enhance vehicle performance and user experience.

Apollo Future Mobility Group Limited Financial Statement Overview

Summary

Apollo Future Mobility Group Limited is facing financial challenges, particularly with declining revenue and substantial net losses impacting profitability. The balance sheet remains relatively strong with low leverage, but the cash flow statement highlights serious issues with cash generation. Strategic improvements are needed to stabilize operations and enhance financial health.

Income Statement

The company has experienced a declining revenue trend with a significant drop from 2022 to 2023 and further in 2024. Gross profit margin is low at 4.62% for 2024 due to high cost of goods sold. Net profit margin has been negative, reflecting substantial losses across the years, reaching -452.39% in 2024. The EBIT and EBITDA margins also show negative figures, indicating operational inefficiencies and high operating expenses.

Balance Sheet

Despite a stable equity base, the company shows a high debt-to-equity ratio of 0.16, indicating low leverage. The return on equity is negative due to consistent net losses. Equity ratio remains strong at 69.74%, showing a solid financial foundation despite the losses.

Cash Flow

Cash flows are concerning with zero operating cash flow in 2024 and a history of negative free cash flow. This indicates difficulties in generating cash from core operations. The free cash flow to net income ratio cannot be calculated, reflecting challenges in converting earnings into actual cash.

Breakdown	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	340.20M	279.21M	619.91M	528.56M	357.70M
Gross Profit	15.72M	63.15M	127.77M	131.51M	125.92M
EBITDA	-320.57M	-700.85M	331.24M	-268.59M	-47.88M
Net Income	-1.54B	-860.53M	210.77M	-359.35M	-359.36M
Balance Sheet
Total Assets	2.87B	3.92B	4.93B	5.08B	5.32B
Cash, Cash Equivalents and Short-Term Investments	1.12B	64.29M	52.53M	151.06M	185.92M
Total Debt	322.53M	161.77M	270.68M	170.48M	190.20M
Total Liabilities	900.37M	578.21M	673.04M	1.44B	1.58B
Stockholders Equity	2.00B	3.36B	4.28B	3.66B	3.61B
Cash Flow
Free Cash Flow	-152.86M	-50.51M	-89.41M	-292.24M	-491.80M
Operating Cash Flow	-148.72M	-28.96M	-84.38M	-281.73M	-461.82M
Investing Cash Flow	148.73M	133.51M	-91.72M	-43.76M	222.66M
Financing Cash Flow	406.30M	-121.03M	113.11M	294.72M	-23.60M

Apollo Future Mobility Group Limited Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 0.68
• 50DMA: Positive
• 100DMA: Negative
• 200DMA: Negative
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For HK:0860, the sentiment is Positive. The current price of 0.68 is above the 20-day moving average (MA) of 0.65, above the 50-day MA of 0.67, and below the 200-day MA of 0.70, indicating a neutral trend. The MACD of <0.01 indicates Negative momentum. The RSI at 52.70 is Neutral, neither overbought nor oversold. The STOCH value of 61.90 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for HK:0860.

Apollo Future Mobility Group Limited Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
0590	―	$14.70B	13.71	8.44%	4.42%	-12.95%	-37.76%
0116	―	HK$9.36B	7.93	9.13%	4.09%	-10.41%	67.25%
0887	―	HK$2.03B	7.43	5.10%	3.57%	6.82%	42.74%
0113	―	$1.99B	10.24	5.58%	8.56%	-19.93%	-43.35%
1929	―	$161.69B	27.89	22.73%	3.42%	-17.53%	-8.90%
Sector *	―	$18.38B	12.79	-2.54%	3.03%	1.52%	-15.83%
0860	―	€623.69M	―	-51.75%	―	7.55%	40.31%

Apollo Future Mobility Group Limited Corporate Events

Apollo Future Mobility Group Announces Board Restructuring

Apollo Future Mobility Group Limited has announced changes to its board of directors and committee memberships, effective from September 10, 2025. These changes reflect a strategic restructuring aimed at enhancing corporate governance and operational oversight, potentially impacting the company’s strategic direction and stakeholder engagement.

The most recent analyst rating on (HK:0860) stock is a Hold with a HK$0.50 price target. To see the full list of analyst forecasts on Apollo Future Mobility Group Limited stock, see the HK:0860 Stock Forecast page.

Apollo Future Mobility Announces Board Changes

Apollo Future Mobility Group Limited has announced a change in its board of directors, effective from September 10, 2025. Mr. Peter Edward Jackson has resigned as an independent non-executive director to focus on other engagements, and Mr. Zhuang Qiyu, with extensive experience in corporate finance and asset management, has been appointed as his successor. This change is expected to bring new insights and expertise to the company’s board, potentially impacting its strategic direction and governance.

The most recent analyst rating on (HK:0860) stock is a Hold with a HK$0.50 price target. To see the full list of analyst forecasts on Apollo Future Mobility Group Limited stock, see the HK:0860 Stock Forecast page.

Apollo Future Mobility Group Reports Increased Losses in Interim Results

Apollo Future Mobility Group Limited announced its unaudited interim results for the six months ending June 30, 2025, revealing a significant reduction in revenue and increased losses compared to the same period in 2024. The company’s gross profit decreased, and it faced higher administrative and finance costs, contributing to a substantial loss before tax. Despite these challenges, the announcement provides insights into the company’s financial health and operational difficulties, which may impact its market positioning and stakeholder confidence.

The most recent analyst rating on (HK:0860) stock is a Hold with a HK$1.00 price target. To see the full list of analyst forecasts on Apollo Future Mobility Group Limited stock, see the HK:0860 Stock Forecast page.

Apollo Future Mobility Group Schedules Board Meeting for Interim Results

Apollo Future Mobility Group Limited has announced a board meeting scheduled for August 29, 2025, to discuss and approve the interim results for the first half of the year and consider any potential interim dividend payments. This meeting is significant as it will provide insights into the company’s financial performance and strategic direction, potentially impacting stakeholders and market positioning.