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Da Ming International Holdings Limited
(1090)
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Rating:42Neutral
Price Target:
HK$0.64
â–¼(-24.35% Downside)
Action:Upgraded
Date:09/06/26
The score is held down primarily by weak financial performance (shrinking revenues, extremely thin margins, ongoing losses, high leverage, and fragile free cash flow). Technicals are neutral-to-soft with the price below key longer-term moving averages and slightly negative MACD. Valuation offers limited support because the company is loss-making (negative P/E) and no dividend yield is available.
Positive Factors
Value-added processing platform
Processing and customization capabilities can differentiate Da Ming from a basic steel trader by helping industrial customers meet specifications, delivery needs and supply requirements. This service-oriented model may support customer stickiness and higher per-ton margins when sustained across the network.
Negative Factors
Declining revenue and thin margins
Persistent revenue contraction combined with very thin gross and EBITDA margins leaves little room for execution mistakes or cost increases. Results therefore remain highly sensitive to steel pricing and operating expenses, while weaker sales can quickly prevent a durable return to profitability.
Read all positive and negative factors
Positive Factors
Negative Factors
Value-added processing platform
Processing and customization capabilities can differentiate Da Ming from a basic steel trader by helping industrial customers meet specifications, delivery needs and supply requirements. This service-oriented model may support customer stickiness and higher per-ton margins when sustained across the network.
Read all positive factors
Da Ming International Holdings Limited (1090) vs. iShares MSCI Hong Kong ETF (EWH)
Market Cap
HK$829.41M
Dividend Yield4.71%
Average Volume (3M)12.33K
Price to Earnings (P/E)―
Beta (1Y)0.51
Revenue Growth3.54%
EPS Growth95.41%
CountryHK
Employees6,641
SectorBasic Materials
Sector Strength58
IndustrySteel
Share Statistics
EPS (TTM)-0.02
Shares Outstanding1,274,528,000
10 Day Avg. Volume9,200
30 Day Avg. Volume12,333
Financial Highlights & Ratios
PEG Ratio0.30
Price to Book (P/B)0.36
Price to Sales (P/S)0.02
P/FCF Ratio2.67
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
Da Ming International Holdings Limited Business Overview & Revenue Model
Company Description
Da Ming International Holdings Limited, a subsidiary of Ally Good Group Limited, specializes in the processing, distribution, and sale of a wide range of steel products, including both stainless and carbon steel. Operating globally as well as with...
How the Company Makes Money
Da Ming International Holdings Limited primarily makes money through (1) sales of processed steel products and (2) trading/distribution of steel materials. A core revenue driver is the margin earned between the procurement cost of stainless/specia...
Da Ming International Holdings Limited Financial Statement Overview
Summary
Income Statement
32
Negative
Balance Sheet
38
Negative
Cash Flow
27
Negative
| Breakdown | TTM | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 44.60B | 44.19B | 46.45B | 50.56B | 50.12B | 46.35B |
| Gross Profit | 1.06B | 1.06B | 685.69M | 921.53M | 908.63M | 1.83B |
| EBITDA | 689.99M | 698.26M | 226.89M | 503.89M | 503.36M | 1.42B |
| Net Income | -19.65M | -35.56M | -414.58M | -219.07M | -178.30M | 495.04M |
Balance Sheet | ||||||
| Total Assets | 16.19B | 12.51B | 12.97B | 13.19B | 12.78B | 11.96B |
| Cash, Cash Equivalents and Short-Term Investments | 5.37B | 1.47B | 203.65M | 324.35M | 503.24M | 183.28M |
| Total Debt | 10.42B | 7.30B | 7.32B | 7.37B | 6.95B | 5.88B |
| Total Liabilities | 13.20B | 9.48B | 10.11B | 9.91B | 9.27B | 8.21B |
| Stockholders Equity | 2.52B | 2.49B | 2.53B | 2.94B | 3.17B | 3.41B |
Cash Flow | ||||||
| Free Cash Flow | 472.92M | 338.91M | -4.65M | -599.27M | -386.56M | -252.30M |
| Operating Cash Flow | 872.19M | 583.32M | 439.46M | 67.28M | 272.28M | 436.24M |
| Investing Cash Flow | -236.40M | -285.05M | -432.33M | -654.46M | -649.17M | -644.81M |
| Financing Cash Flow | -749.37M | -271.00M | -118.77M | 444.39M | 635.90M | 248.89M |
Da Ming International Holdings Limited Technical Analysis
Negative
0.85
Price Trends
0.68
Negative
0.72
Negative
0.78
Negative
Market Momentum
>-0.01
Negative
47.22
Neutral
47.62
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For HK:1090, the sentiment is Negative. The current price of 0.85 is above the 20-day moving average (MA) of 0.65, above the 50-day MA of 0.68, and above the 200-day MA of 0.78, indicating a neutral trend. The MACD of >-0.01 indicates Negative momentum. The RSI at 47.22 is Neutral, neither overbought nor oversold. The STOCH value of 47.62 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for HK:1090.
Da Ming International Holdings Limited Peers Comparison
UnderperformOutperform
Sector (61)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
72 Outperform | HK$689.25M | 4.62 | 9.86% | 5.42% | -4.52% | -8.87% | |
65 Neutral | HK$650.70M | 5.93 | 7.76% | 8.00% | -35.49% | -32.38% | |
62 Neutral | HK$228.52M | 1.65 | 7.82% | 2.39% | -39.70% | -51.97% | |
61 Neutral | $10.43B | 7.12 | -0.05% | 2.87% | 2.86% | -36.73% | |
45 Neutral | HK$21.06B | -3.86 | -11.45% | 0.38% | -1.22% | 8.37% | |
44 Neutral | HK$13.75B | -4.03 | -18.85% | 6.49% | -6.57% | -6.67% | |
42 Neutral | HK$829.41M | -36.68 | -0.78% | 4.71% | 3.54% | 95.41% |
* Basic Materials Sector Average
HK:1090
Da Ming International Holdings Limited
0.66
-0.26
-28.26%
HK:0347
Angang Steel Co
1.16
-0.97
-45.54%
HK:1053
Chongqing Iron & Steel Co., Ltd. Class H
0.90
-0.42
-31.77%
HK:1118
Golik Holdings Limited
1.20
0.23
23.71%
HK:1553
Maike Tube Industry Holdings Limited
1.50
0.09
6.38%
HK:1938
Chu Kong Petroleum & Natural Gas Steel Pipe Holdings Ltd.
0.23
-0.21
-48.64%
Da Ming International Holdings Limited Corporate Events
Da Ming International Lifts H1 Profit on Modest Revenue Growth and Efficiency Gains
Aug 26, 2026
Da Ming International Holdings reported a 3.3% year-on-year rise in first-half 2026 revenue to RMB21.9 billion, with gross profit edging up 1.1% to RMB559.5 million. Total comprehensive income surged 49.5% to RMB34.0 million, while earnings attrib...
Da Ming Schedules Board Meeting to Approve Interim Results and Consider Dividend
Aug 10, 2026
Da Ming International Holdings Limited has scheduled a board meeting for 26 August 2026 to review and approve the unaudited interim results for the six months ended 30 June 2026, and to authorise their publication. The board will also consider whe...
Da Ming Dilutes Stake in Chongqing Unit via RMB35 Million Capital Injection
Jun 26, 2026
Da Ming International Holdings’ subsidiary Jiangsu Daming has agreed an investment deal under which Chongqing Iron and an independent investor will inject RMB35 million of new registered capital into Chongqing Daming, subscribing RMB25 milli...
Da Ming International Shifts Hong Kong Principal Office to Wanchai
Jun 9, 2026
Da Ming International Holdings Limited, a Cayman Islands-incorporated company listed in Hong Kong under stock code 1090, announced a board composition that includes executive, non-executive and independent non-executive directors. The firm did not...
Da Ming shareholders back all AGM resolutions, bolster capital flexibility
Jun 9, 2026
Shareholders of Da Ming International Holdings Limited approved all resolutions tabled at the annual general meeting held on 9 June 2026, including adoption of the 2025 audited financial statements and re-election of four directors. The near-unani...
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.