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Zhongmiao Holdings (Qingdao) Co., Ltd. Class H (HK:1471)
:1471
Hong Kong Market
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Zhongmiao Holdings (Qingdao) Co., Ltd. Class H (1471) AI Stock Analysis

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HK:1471

Zhongmiao Holdings (Qingdao) Co., Ltd. Class H

(1471)

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Neutral 61 (OpenAI - Gpt-5.6Sol)
Rating:61Neutral
Price Target:
HK$9.50
▼(-47.13% Downside)
Action:Reiterated
Date:08/01/26
The score is driven primarily by strong underlying financial performance (healthy margins and high-quality cash generation), partially offset by clearly weak technical positioning with the stock below all major moving averages. Valuation is reasonable with a modest dividend yield, but not compelling enough to outweigh the current downtrend.
Positive Factors
Steady Revenue Growth and Strong Profitability
Sustained revenue expansion alongside a healthy net margin indicates a viable operating model and established customer demand. This profitability provides resilience and supports reinvestment, although maintaining margins will remain important as the business scales.
Negative Factors
Margin Compression
Declining gross and operating margins suggest pressure from pricing, product mix, or operating costs. If this trend persists, revenue growth may translate less effectively into earnings and cash generation, limiting the durability of current profitability.
Read all positive and negative factors
Positive Factors
Negative Factors
Steady Revenue Growth and Strong Profitability
Sustained revenue expansion alongside a healthy net margin indicates a viable operating model and established customer demand. This profitability provides resilience and supports reinvestment, although maintaining margins will remain important as the business scales.
Read all positive factors

Zhongmiao Holdings (Qingdao) Co., Ltd. Class H (1471) vs. iShares MSCI Hong Kong ETF (EWH)

Zhongmiao Holdings (Qingdao) Co., Ltd. Class H Business Overview & Revenue Model

Company Description
Headquartered in Qingdao, China, and established in 2017, Zhongmiao Holdings (Qingdao) Co., Ltd. is a comprehensive provider of insurance agency and related solutions throughout the People's Republic of China. The company's activities are structur...

Zhongmiao Holdings (Qingdao) Co., Ltd. Class H Financial Statement Overview

Summary
Financials are solid overall: steady revenue growth through 2021–2025 with an acceleration in 2025, strong profitability (about 21% net margin in 2025), and excellent earnings quality with free cash flow closely tracking net income and a major 2025 free-cash-flow step-up. Offsets include gradual margin compression versus earlier peaks, a decline in ROE versus 2022–2023, and a sharp 2025 asset expansion that adds execution/asset-quality monitoring risk.
Income Statement
78
Positive
Balance Sheet
71
Positive
Cash Flow
84
Very Positive
BreakdownTTMDec 2025Dec 2024Dec 2023Dec 2022Dec 2021
Income Statement
Total Revenue398.58M248.05M205.83M174.01M148.40M119.97M
Gross Profit167.96M90.88M78.83M74.51M67.26M48.05M
EBITDA113.43M57.97M58.12M50.37M47.37M33.77M
Net Income81.29M51.70M46.66M40.37M37.78M27.05M
Balance Sheet
Total Assets1.05B1.03B635.39M389.95M327.10M284.83M
Cash, Cash Equivalents and Short-Term Investments575.17M567.87M432.36M203.64M288.83M256.72M
Total Debt88.27M88.44M0.00244.00K250.00K1.11M
Total Liabilities288.41M295.72M37.02M26.73M34.07M28.16M
Stockholders Equity646.90M633.11M600.20M365.21M293.64M255.86M
Cash Flow
Free Cash Flow40.56M88.25M30.04M19.78M27.03M24.41M
Operating Cash Flow120.18M89.23M30.05M19.98M27.20M24.59M
Investing Cash Flow-242.46M-35.18M-258.83M138.22M-19.75M-151.04M
Financing Cash Flow126.25M65.09M194.34M21.89M-1.89M127.15M

Zhongmiao Holdings (Qingdao) Co., Ltd. Class H Peers Comparison

Overall Rating
UnderperformOutperform
Sector (55)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
64
Neutral
HK$2.48B11.315.78%1.61%12.59%165.79%
62
Neutral
HK$1.70B16.441.32%4.39%-6.77%
61
Neutral
HK$1.16B11.8312.70%2.29%40.30%31.33%
55
Neutral
$6.65B3.83-15.92%6.20%10.91%7.18%
52
Neutral
HK$2.04B-54.23-226.07%31.07%-57.85%
49
Neutral
HK$1.52B12.154.36%4.04%200.24%
39
Underperform
HK$1.30B-21.00-6.23%6.41%256.14%94.83%
* General Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
HK:1471
Zhongmiao Holdings (Qingdao) Co., Ltd. Class H
8.00
-6.05
-43.08%
HK:0626
Public Financial Holdings
1.55
0.34
27.99%
HK:3329
BOCOM International Holdings Co. Ltd.
0.46
-0.08
-14.81%
HK:0218
Shenwan Hongyuan (H.K.) Limited
0.95
-0.95
-50.00%
HK:6058
China Industrial Securities International Financial Group Ltd.
0.57
-0.03
-5.00%
HK:8239
Capital Finance Holdings Limited
21.10
14.10
201.43%

Zhongmiao Holdings (Qingdao) Co., Ltd. Class H Corporate Events

Zhongmiao Holdings Sets Late-August Board Meeting on Interim Results and Dividend
Aug 14, 2026
Zhongmiao Holdings (Qingdao) Co., Ltd. has scheduled a board meeting for 26 August 2026 to review and approve the group’s interim results for the six months ended 30 June 2026. The board will also consider the declaration of an interim divid...
Zhongmiao Holdings Flags Strong Interim Profit Surge on Insurance-Fintech Strategy
Jul 29, 2026
Zhongmiao Holdings (Qingdao) Co., Ltd. reported a sharp improvement in interim performance, projecting revenue of more than RMB171.0 million and profit exceeding RMB45.5 million for the six months ended 30 June 2026, representing year-on-year incr...
Zhongmiao Holdings Strikes Strategic Insurtech Alliance with ZhongAn Online
Jul 29, 2026
Zhongmiao Holdings has entered into a long-term strategic cooperation agreement with ZhongAn Online, China’s first internet insurance company driven by “insurance + technology,” to jointly expand their insurance footprint and enh...
Zhongmiao Holdings Forms Audit Committee to Strengthen Governance and Oversight
May 28, 2026
Zhongmiao Holdings (Qingdao) Co., Ltd. has established an Audit Committee of the Board to reinforce its decision‑making, enhance internal control systems, and improve overall corporate governance in line with PRC laws, Hong Kong Listing Rule...
Zhongmiao Holdings Overhauls Governance Structure at Heavily Attended AGM
May 28, 2026
Zhongmiao Holdings (Qingdao) Co., Ltd. held its 2025 annual general meeting in Qingdao on 28 May 2026, with the meeting duly convened under PRC company law and chaired by board chairman and executive director Lu Yao. Shareholders or proxies repres...
Zhongmiao Holdings Defines Board and Committee Structure
May 28, 2026
Zhongmiao Holdings (Qingdao) Co., Ltd. has outlined the composition of its board of directors, listing four executive directors led by chairman Lu Yao and three independent non-executive directors, underscoring a balanced governance structure. Thi...
Zhongmiao Holdings Sets Final 2025 Dividend and Clarifies Tax Treatment
May 28, 2026
Zhongmiao Holdings (Qingdao) Co., Ltd. has declared a final ordinary dividend of RMB 0.16 per share for the financial year ended 31 December 2025, with shareholder approval received on 28 May 2026. The dividend for H shareholders will be paid in H...
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: Aug 01, 2026