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Aowei Holding Limited (1370) AI Stock Analysis

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HK:1370

Aowei Holding Limited

(HKEX:1370)

Select Model
Rating:42Neutral
Price Target:HKD 0.10â–¼(-0.96% Downside)
Action:reiterated
Date:10/28/26

Overall score is weighed down primarily by weak financial performance (persistent losses, negative operating profitability, and sharply higher leverage with a reduced equity cushion). Technicals add further pressure given the clear downtrend and negative MACD, with only a modest oversold signal as a short-term offset. Valuation provides limited support because the negative P/E reflects losses and dividend yield data is unavailable.

Positive Factors
Positive Operating Cash FlowPositive operating cash flow provides an important operating support because the business generated cash despite reporting losses. If maintained, this can help fund ongoing needs internally and reduce immediate dependence on external financing, although its weakening trend limits the strength of this offset.
Negative Factors
Persistent Losses and Negative EBITPersistent net losses and negative operating profit indicate that the core business is not currently covering its operating cost base. This weakens earnings quality, limits internally funded investment, and makes any recovery dependent on improved pricing, costs, or revenue execution over coming quarters.

Aowei Holding Limited (1370) vs. iShares MSCI Hong Kong ETF (EWH)

-75%-50%-25%0%25%50%75%HK:1370-58.40%EWH+7.37%Dec '25Jan '26Feb '26Mar '26Apr '26May '26Jun '26Jul '26Aug '26Sep '26Oct '26
Market Cap
HKD 170.07M
Dividend Yield
―
Average Volume (3M)
1.09M
Price to Earnings (P/E)
-0.8
Beta (1Y)
0.51
Revenue Growth
16.32%
EPS Growth
44.14%
Country
Hong Kong
Employees
762
Sector
Basic Materials
Sector Strength
61
Industry
Steel

Aowei Holding Limited Business Overview & Revenue Model

Company Description

Aowei Holding Limited, utilizing its subsidiary network, is active across the full spectrum of the iron ore industry within the People's Republic of China. Its business encompasses mineral exploration, extraction, processing, and the commercial trade...

Aowei Holding Limited Financial Statement Overview

Summary

Income statement and balance sheet are weak: revenues have been volatile with material declines after 2021, and the company moved from profits (2021–2022) to deep losses (2023–2025) with negative EBIT. Leverage has risen sharply as equity fell, reducing financial flexibility and increasing refinancing risk. Cash flow is a partial offset (positive operating cash flow in 2025), but free cash flow has been inconsistent and turned slightly negative in 2025.

Income Statement

24Negative

Balance Sheet

32Negative

Cash Flow

38Negative
Financial statement breakdown
BreakdownTTMDec 2025Dec 2024Dec 2023Dec 2022Jun 2022
Income Statement
Total Revenue665.72M632.78M645.66M667.37M937.75M567.98M
Gross Profit129.09M84.14M76.92M99.18M163.70M94.09M
EBITDA137.84M-15.00M-41.49M-436.77M67.68M-11.51M
Net Income-170.35M-236.39M-289.62M-549.14M60.76M-70.57M
Balance Sheet
Total Assets1.48B1.61B1.86B2.20B2.42B2.33B
Cash, Cash Equivalents and Short-Term Investments36.21M231.71M34.65M34.48M56.09M20.21M
Total Debt801.85M889.38M871.99M913.70M515.91M611.67M
Total Liabilities1.03B1.15B1.17B1.24B910.06M1.08B
Stockholders Equity442.41M454.98M687.61M965.60M1.51B1.25B
Cash Flow
Free Cash Flow-36.91M-4.51M119.81M-100.05M26.42M-155.31M
Operating Cash Flow25.22M49.60M160.15M53.34M193.51M214.11M
Investing Cash Flow41.55M-53.99M-58.96M-417.63M-168.83M-669.29M
Financing Cash Flow-88.60M-2.91M-100.93M342.73M-73.05M14.15M

Aowei Holding Limited Technical Analysis

Technical Analysis SentimentNegative
Last Price0.10

Price Trends

50DMA0.14Negative
100DMA0.13Negative
200DMA0.19Negative

Market Momentum

MACD-0.01Positive
RSI38.98Neutral
STOCH17.66Positive

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For HK:1370, the sentiment is Negative. The current price of 0.10 is below the 20-day moving average (MA) of 0.13, below the 50-day MA of 0.14, and below the 200-day MA of 0.19, indicating a bearish trend. The MACD of -0.01 indicates Positive momentum. The RSI at 38.98 is Neutral, neither overbought nor oversold. The STOCH value of 17.66 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for HK:1370.

Aowei Holding Limited Peers Comparison

Overall Rating

UnderperformOutperform
Sector (61)

Financial Indicators

HK:1370 against its peers
NameOverall RatingMarket CapP/E RatioROEDividend YieldRevenue GrowthEPS Growth
Sector *61Neutral$10.43B7.12-0.05%2.87%2.86%-36.73%
HK:1091HK:109153NeutralHKD 2.28B5.3811.28%―-32.45%―
HK:2237HK:223749NeutralHKD 256.00M30.861.58%―2.31%―
HK:0769HK:076944NeutralHKD 1.95B-15.63-5.27%―――
HK:1370HK:137042NeutralHKD 170.07M-0.83-37.97%―16.32%44.14%
HK:6128HK:612839UnderperformHKD 23.72M-0.05-1613.43%―-20.14%-84.86%
HK:0601HK:060137UnderperformHKD 44.76M-0.12336.15%―-42.50%19.00%

* Basic Materials Sector Average

Performance Comparison

-50%0%50%HK:1370HK:0769HK:0601HK:1091HK:2237HK:6128Dec '25Jan '26Feb '26Mar '26Apr '26May '26Jun '26Jul '26Aug '26Sep '26Oct '26
HK:1370 and its peers over the selected period
Show on chartTickerCompany NamePriceChange% Change
HK:1370Aowei Holding Limited0.10-0.15-58.40%
HK:0769China Rare Earth Holdings 0.700.000.00%
HK:0601Rare Earth Magnesium Technology Group Holdings Ltd.0.07-0.03-30.11%
HK:1091South Manganese Investment Limited0.39-0.05-11.49%
HK:2237China Graphite Group Ltd.0.16-0.23-58.97%
HK:6128Graphex Group Limited0.02-0.29-93.33%

Aowei Holding Limited Corporate Events

Aowei Narrows Interim Loss as Revenue and Margins Improve but Finance Costs Stay High

Aug 27, 2026

Aowei Holding Limited reported revenue of RMB310.4 million for the six months ended 30 June 2026, up 13.7% year on year, with gross profit surging to RMB50.5 million and gross margin reaching 16.3%. Despite this improvement, the group still recorded...

Aowei Holding Sees First-Half Loss Narrow 73.5% on Mining Recovery

Aug 20, 2026

Aowei Holding Limited has warned that it will remain loss-making for the first half of 2026, but expects its loss attributable to shareholders to narrow sharply to no more than about RMB20 million, down roughly 73.5% from RMB75.6 million a year earli...

Aowei Holding Sets August Board Meeting to Approve Interim Results and Consider Dividend

Aug 17, 2026

Aowei Holding Limited has scheduled a board meeting for 27 August 2026 to review and approve the interim results for the six months ended 30 June 2026, along with the planned publication of these figures. The board will also consider the potential de...

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 28, 2026