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Qianhai Health Holdings Ltd. (0911) AI Stock Analysis

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HK:0911

Qianhai Health Holdings Ltd.

(HKEX:0911)

Select Model
Rating:61Neutral
Price Target:HKD 0.33â–²(5.40% Upside)
Action:reiterated
Date:09/22/26

The score is driven primarily by improved financial performance and low balance-sheet risk (turnaround to positive earnings and stronger cash flow, with minimal leverage). However, the overall rating is held back by very weak technical momentum (below major moving averages with negative MACD and oversold indicators) and only moderate valuation support (P/E ~15 with no dividend yield data).

Positive Factors
Return to ProfitabilityThe return to positive net income and operating profit marks a meaningful improvement in the earnings base after prior losses. If maintained, profitability can support internal funding, improve resilience, and provide a more durable foundation for future operations.
Negative Factors
Volatile Revenue and Earnings RecoveryThe sharp revenue rebound is encouraging but follows consecutive declines and a volatile multi-year record, making the recovery less predictable. Continued fluctuations could disrupt operating planning, weaken confidence in sustainable growth, and make future profitability more sensitive to changes in demand.

Qianhai Health Holdings Ltd. (0911) vs. iShares MSCI Hong Kong ETF (EWH)

-50%0%50%100%150%200%250%300%HK:0911-7.35%EWH+7.37%Dec '25Jan '26Feb '26Mar '26Apr '26May '26Jun '26Jul '26Aug '26Sep '26Oct '26
Market Cap
HKD 53.38M
Dividend Yield
―
Average Volume (3M)
63.27K
Price to Earnings (P/E)
13.3
Beta (1Y)
0.06
Revenue Growth
-18.16%
EPS Growth
―
Country
Hong Kong
Employees
19
Sector
Healthcare
Sector Strength
51
Industry
Drug Manufacturers - Specialty & Generic

Qianhai Health Holdings Ltd. Business Overview & Revenue Model

Company Description

Qianhai Health Holdings Limited (0911.HK) functions as an investment holding company primarily focused on the distribution of health products and electronic components within Hong Kong. Its operations are structured into two main divisions: Health-Ca...

Qianhai Health Holdings Ltd. Financial Statement Overview

Summary

Financials show a clear turnaround: profitability returned in 2024–2025 and operating profit is positive, while cash generation strengthened materially in 2025 (positive operating and free cash flow). The balance sheet is a major positive with extremely low leverage and a large equity base. Offsetting this, profitability remains very thin (low gross and net margins) and the business has shown multi-year volatility, making the recovery somewhat fragile.

Income Statement

58Neutral

Balance Sheet

84Very Positive

Cash Flow

74Positive
Financial statement breakdown
BreakdownTTMDec 2025Dec 2024Dec 2023Dec 2022Dec 2021
Income Statement
Total Revenue453.03M677.12M519.70M961.29M1.96B283.40M
Gross Profit15.82M22.26M29.67M-35.60M76.48M16.04M
EBITDA5.29M7.19M16.32M-50.23M-231.24M2.06M
Net Income4.01M5.94M1.31M-52.70M-233.70M-888.00K
Balance Sheet
Total Assets441.43M408.39M407.31M478.12M534.43M738.63M
Cash, Cash Equivalents and Short-Term Investments17.88M61.38M23.51M19.52M1.64M2.47M
Total Debt107.00K424.00K1.03M487.00K1.19M7.83M
Total Liabilities47.39M17.19M21.74M94.00M97.73M68.09M
Stockholders Equity394.05M391.20M385.57M384.11M436.70M670.53M
Cash Flow
Free Cash Flow-8.64M38.78M4.19M857.00K-5.26M-44.19M
Operating Cash Flow-8.64M38.80M4.20M857.00K-5.26M-44.18M
Investing Cash Flow-3,000-14.00K246.00K17.77M12.34M46.84M
Financing Cash Flow-648.00K-648.00K-712.00K-743.00K-7.91M-16.56M

Qianhai Health Holdings Ltd. Technical Analysis

Technical Analysis SentimentNegative
Last Price0.32

Price Trends

50DMA0.41Negative
100DMA0.53Negative
200DMA0.48Negative

Market Momentum

MACD-0.03Negative
RSI28.04Positive
STOCH5.17Positive

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For HK:0911, the sentiment is Negative. The current price of 0.32 is below the 20-day moving average (MA) of 0.35, below the 50-day MA of 0.41, and below the 200-day MA of 0.48, indicating a bearish trend. The MACD of -0.03 indicates Negative momentum. The RSI at 28.04 is Positive, neither overbought nor oversold. The STOCH value of 5.17 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for HK:0911.

Qianhai Health Holdings Ltd. Peers Comparison

Overall Rating

UnderperformOutperform
Sector (51)

Financial Indicators

HK:0911 against its peers
NameOverall RatingMarket CapP/E RatioROEDividend YieldRevenue GrowthEPS Growth
HK:2633HK:263370OutperformHKD 1.78B6.1913.26%9.67%-0.47%-0.40%
HK:0911HK:091161NeutralHKD 53.38M13.291.02%―-18.16%―
HK:0897HK:089759NeutralHKD 401.18M100.000.34%―-8.30%-44.44%
HK:0858HK:085854NeutralHKD 147.90M-0.13-154.56%―-7.12%-523.61%
Sector *51Neutral$7.86B-0.30-43.30%2.27%22.53%-2.21%
HK:0455HK:045544NeutralHKD 191.35M-2.73-14.55%―12.89%-2.56%
HK:1498HK:149842NeutralHKD 123.04M-4.04-21.66%―-6.71%43.14%

* Healthcare Sector Average

Performance Comparison

0%100%200%HK:0911HK:0858HK:0455HK:0897HK:1498HK:2633Dec '25Jan '26Feb '26Mar '26Apr '26May '26Jun '26Jul '26Aug '26Sep '26Oct '26
HK:0911 and its peers over the selected period
Show on chartTickerCompany NamePriceChange% Change
HK:0911Qianhai Health Holdings Ltd.0.32-0.03-7.35%
HK:0858Extrawell Pharmaceutical Holdings Limited0.05-0.04-44.57%
HK:0455Tianda Pharmaceuticals Ltd.0.09-0.05-34.07%
HK:0897Wai Yuen Tong Medicine Holdings Limited0.36-0.10-21.74%
HK:1498PuraPharm Corp. Ltd.0.23-0.19-45.24%
HK:2633Jacobson Pharma Corporation Limited0.94-0.42-30.74%

Qianhai Health Holdings Ltd. Corporate Events

Qianhai Health Shifts Hong Kong Principal Office to Causeway Bay

Sep 18, 2026

Qianhai Health Holdings Limited has announced a change to its principal place of business in Hong Kong, which will move to Room 1622, 16/F, Leighton Centre, 77 Leighton Road, Causeway Bay, effective 22 September 2026. The company emphasized that its...

Qianhai Health’s Interim Profit Holds Up Despite Sharp Revenue Drop

Aug 12, 2026

Qianhai Health Holdings reported unaudited interim revenue of HK$116.76 million for the six months ended 30 June 2026, down sharply from HK$340.85 million a year earlier, with gross profit falling to HK$7.71 million from HK$14.16 million as cost of s...

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 22, 2026