Anxian Yuan China Holdings Limited (0922) AI Stock Analysis

Anxian Yuan China Holdings Limited

(HKEX:0922)

Select Model

Rating:56Neutral

Price Target:HKD 0.10▲(8.70% Upside)

Action:reiterated

Date:10/11/26

The overall score is driven primarily by deteriorating earnings and revenue trends against a still-strong balance sheet and positive cash flows, with weak price momentum reinforcing caution and a high dividend yield providing only partial valuation support.

Positive Factors

Conservative balance sheetVery low leverage gives the company financial flexibility while reducing interest and refinancing pressure. A sizable equity base and stable assets provide a stronger foundation for sustaining cemetery operations, funding required projects, and managing a prolonged period of weaker profitability.

Negative Factors

Multi-year revenue contractionRepeated revenue contraction points to sustained pressure on demand, pricing, or product mix rather than a single-period fluctuation. Prolonged top-line weakness can reduce operating leverage, limit reinvestment capacity, and make future earnings recovery less predictable.

Anxian Yuan China Holdings Limited (0922) vs. iShares MSCI Hong Kong ETF (EWH)

Market Cap: HKD 208.81M
Dividend Yield: 17.02%
Average Volume (3M): 487.09K
Price to Earnings (P/E): -1.8
Beta (1Y): 0.10
Revenue Growth: -16.99%
EPS Growth: -326.96%
Country: Hong Kong
Employees: 193
Sector: Consumer Cyclical
Sector Strength: 61
Industry: Personal Products & Services

Anxian Yuan China Holdings Limited Business Overview & Revenue Model

Company Description

Anxian Yuan China Holdings Limited is an investment holding enterprise primarily engaged in the cemetery industry across the People's Republic of China. The company's services include offering funeral and burial arrangements, as well as the sale of t...

How the Company Makes Money

Revenue is primarily generated through (1) the sale of cemetery plots (burial rights) to customers, which typically represents the core income stream for cemetery operators; (2) fees from interment and other cemetery service charges associated with a...

Anxian Yuan China Holdings Limited Financial Statement Overview

Summary

Revenue has declined sharply with net income turning to a loss, but the company still has a strong, low-leverage balance sheet and positive, if somewhat volatile, cash generation.

Income Statement

38Negative

Balance Sheet

77Positive

Cash Flow

72Positive

Financial statement breakdown
Breakdown	TTM	Mar 2025	Mar 2024	Mar 2023	Mar 2022	Mar 2021
Income Statement
Total Revenue	196.25M	196.25M	236.43M	284.43M	340.53M	310.95M
Gross Profit	124.44M	123.00M	172.98M	207.73M	251.41M	220.18M
EBITDA	25.97M	41.12M	98.85M	109.34M	169.84M	135.67M
Net Income	-115.90M	-115.90M	51.08M	57.82M	104.92M	73.13M
Balance Sheet
Total Assets	1.29B	1.29B	1.28B	1.28B	1.33B	1.34B
Cash, Cash Equivalents and Short-Term Investments	210.71M	210.71M	329.70M	339.43M	340.53M	209.87M
Total Debt	34.52M	34.52M	44.59M	17.74M	45.27M	49.45M
Total Liabilities	419.84M	419.84M	309.91M	296.46M	325.89M	335.74M
Stockholders Equity	835.43M	835.43M	937.65M	942.97M	970.33M	965.29M
Cash Flow
Free Cash Flow	180.80M	38.42M	67.51M	84.81M	184.43M	66.84M
Operating Cash Flow	41.83M	43.99M	72.45M	91.64M	186.51M	69.14M
Investing Cash Flow	-82.70M	-82.70M	-129.85M	57.77M	-60.79M	-2.63M
Financing Cash Flow	-39.89M	-39.89M	-12.69M	-79.74M	-33.65M	-131.30M

Anxian Yuan China Holdings Limited Technical Analysis

Technical Analysis SentimentNegative

Last Price0.09

Price Trends

50DMA0.10Negative

100DMA0.10Negative

200DMA0.11Negative

Market Momentum

MACD-0.00Positive

RSI12.41Positive

STOCH2.78Positive

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For HK:0922, the sentiment is Negative. The current price of 0.09 is below the 20-day moving average (MA) of 0.10, below the 50-day MA of 0.10, and below the 200-day MA of 0.11, indicating a bearish trend. The MACD of -0.00 indicates Positive momentum. The RSI at 12.41 is Positive, neither overbought nor oversold. The STOCH value of 2.78 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for HK:0922.

Anxian Yuan China Holdings Limited Peers Comparison

Overall Rating

UnderperformOutperform

Sector (61)

Financial Indicators

HK:0922 against its peers
Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
HK:1830	68Neutral	HKD 1.43B	8.01	43.78%	12.76%	-14.68%	-13.60%
Sector *	61Neutral	$18.38B	12.79	-2.54%	3.03%	1.52%	-15.83%
HK:1448	56Neutral	HKD 6.03B	13.97	6.50%	20.98%	―	―
HK:0922	56Neutral	HKD 208.81M	-1.80	-13.22%	17.02%	-16.99%	-326.96%
HK:0919	50Neutral	HKD 67.84M	-37.50	-0.93%	―	-2.31%	66.07%
HK:8296	47Neutral	HKD 17.95M	-0.76	-17.95%	―	-26.00%	-188.55%
HK:1027	40Underperform	HKD 1.02B	-32.42	-11.19%	―	-31.52%	-240.59%

* Consumer Cyclical Sector Average

Performance Comparison

HK:0922 and its peers over the selected period
Ticker	Company Name	Price	Change	% Change
HK:0922	Anxian Yuan China Holdings Limited	0.09	-0.06	-38.26%
HK:1448	Fu Shou Yuan International Group	2.64	-0.29	-9.93%
HK:0919	Modern Healthcare Technology Holdings Limited	0.07	0.00	4.17%
HK:1027	China Jicheng Holdings Limited	2.44	-1.77	-42.16%
HK:1830	Perfect Medical Health Management Limited	1.12	-0.11	-9.09%
HK:8296	Sino-Life Group Limited	0.19	-0.19	-50.00%

Anxian Yuan China Holdings Limited Corporate Events

Anxian Yuan China Wins Full Shareholder Backing at 2026 AGM

Sep 7, 2026

Shareholders of Anxian Yuan China Holdings Limited have unanimously approved all resolutions at the annual general meeting held on 7 September 2026 in Hong Kong. The meeting confirmed the adoption of the group’s audited financial statements for...

Anxian Yuan China Adjusts Registered Office Address in Bermuda

Jul 27, 2026

Anxian Yuan China Holdings Limited is a Bermuda-incorporated company listed on the Hong Kong Stock Exchange under stock code 00922, with cross-border corporate arrangements that include Tricor Investor Services Limited serving as its branch share reg...

Anxian Yuan China Sets 2026 AGM to Renew Mandates and Share-Issue Authority

Jul 23, 2026

Anxian Yuan China Holdings has convened its annual general meeting for 7 September 2026 in Hong Kong, where shareholders will review the audited consolidated financial statements for the year ended 31 March 2026 and consider re-election of director M...

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: Oct 11, 2026

Anxian Yuan China Holdings Limited AI Stock Analysis