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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

(HKEX:1471)

Select Model
Rating:72Outperform
Price Target:HKD 12.00â–²(38.41% Upside)
Action:reiterated
Date:09/12/26

The score is driven primarily by strong financial performance—steady growth, healthy margins, and high-quality cash generation—partly offset by margin/ROE softening and a notable 2025 balance-sheet expansion to monitor. Technicals are mixed with weak longer-term trend signals (below the 100D/200D and negative MACD), while valuation is reasonable with a moderate P/E and modest dividend yield.

Positive Factors
Steady Revenue GrowthConsistent revenue expansion indicates continued business demand and an established ability to grow over multiple years. The acceleration in 2025 strengthens the near-term foundation for earnings growth, while a rising revenue base can support operating investment and reinforce the company’s market position.
Negative Factors
Margin CompressionDeclining gross and operating margins suggest that pricing, business mix, or costs are becoming less favorable as the company expands. If this trend persists, revenue growth may translate less efficiently into operating profit, limiting earnings leverage and reducing the sustainability of future returns.

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

-50%0%50%100%150%200%250%HK:1471-38.44%EWH+7.37%Dec '25Jan '26Feb '26Mar '26Apr '26May '26Jun '26Jul '26Aug '26Sep '26Oct '26
Market Cap
HKD 309.58M
Dividend Yield
2.12%
Average Volume (3M)
13.96K
Price to Earnings (P/E)
12.9
Beta (1Y)
-0.36
Revenue Growth
40.30%
EPS Growth
31.33%
Country
Hong Kong
Employees
129
Sector
General
Sector Strength
55
Industry
Insurance - Brokers

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 structured...

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

Summary

Strong overall fundamentals supported by steady revenue growth (accelerating in 2025), healthy profitability (about 21% net margin in 2025), and excellent cash conversion (free cash flow roughly matching net income, with a large 2025 step-up in operating/free cash flow). Offsets include margin compression versus 2022–2023 highs, declining ROE versus earlier peaks, and a sharp 2025 balance-sheet expansion that adds execution/asset-quality monitoring risk.

Income Statement

78Positive

Balance Sheet

71Positive

Cash Flow

84Very Positive
Financial statement breakdown
BreakdownTTMDec 2025Dec 2024Dec 2023Dec 2022Dec 2021
Income Statement
Total Revenue398.58M248.05M205.83M174.01M148.40M119.97M
Gross Profit167.96M90.88M78.83M74.51M67.26M48.05M
EBITDA116.23M59.70M58.12M50.37M47.37M33.77M
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 Debt88.27M88.44M0244.00K250.00K1.11M
Total Liabilities288.41M295.72M37.02M26.73M34.07M28.16M
Stockholders Equity646.90M633.11M600.20M365.21M293.64M255.86M
Cash Flow
Free Cash Flow53.92M88.25M30.04M19.78M27.03M24.41M
Operating Cash Flow134.01M89.23M30.05M19.98M27.20M24.59M
Investing Cash Flow-290.59M-35.18M-258.83M138.22M-19.75M-151.04M
Financing Cash Flow90.96M65.09M194.34M21.89M-1.89M127.15M

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

Technical Analysis SentimentNegative
Last Price8.67

Price Trends

50DMA8.93Negative
100DMA9.27Negative
200DMA16.04Negative

Market Momentum

MACD-0.11Positive
RSI36.16Neutral
STOCH-13.63Positive

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For HK:1471, the sentiment is Negative. The current price of 8.67 is below the 20-day moving average (MA) of 9.35, below the 50-day MA of 8.93, and below the 200-day MA of 16.04, indicating a bearish trend. The MACD of -0.11 indicates Positive momentum. The RSI at 36.16 is Neutral, neither overbought nor oversold. The STOCH value of -13.63 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for HK:1471.

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

Overall Rating

UnderperformOutperform
Sector (55)

Financial Indicators

HK:1471 against its peers
NameOverall RatingMarket CapP/E RatioROEDividend YieldRevenue GrowthEPS Growth
HK:1471HK:147172OutperformHKD 1.22B12.8612.70%2.12%40.30%31.33%
HK:0626HK:062658NeutralHKD 2.54B24.551.32%2.94%-6.77%―
HK:6058HK:605856NeutralHKD 1.80B8.935.78%2.22%12.59%165.79%
Sector *55Neutral$6.65B3.83-15.92%6.20%10.91%7.18%
HK:0218HK:021849NeutralHKD 1.20B9.904.36%―200.24%―
HK:3329HK:332947NeutralHKD 1.44B-23.97-6.23%―256.14%94.83%
HK:8239HK:823945NeutralHKD 2.92B-90.85-190.90%―31.07%-57.47%

* General Sector Average

Performance Comparison

0%100%200%HK:1471HK:0626HK:3329HK:0218HK:6058HK:8239Dec '25Jan '26Feb '26Mar '26Apr '26May '26Jun '26Jul '26Aug '26Sep '26Oct '26
HK:1471 and its peers over the selected period
Show on chartTickerCompany NamePriceChange% Change
HK:1471Zhongmiao Holdings (Qingdao) Co., Ltd. Class H8.67-5.41-38.44%
HK:0626Public Financial Holdings 2.311.1091.16%
HK:3329BOCOM International Holdings Co. Ltd.0.530.036.06%
HK:0218Shenwan Hongyuan (H.K.) Limited0.77-0.86-52.76%
HK:6058China Industrial Securities International Financial Group Ltd.0.45-0.03-7.22%
HK:8239Capital Finance Holdings Limited3.732.58224.35%

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

Zhongmiao Holdings Delivers Strong Interim Growth on Ecosystem Strategy and AI Efficiencies

Aug 26, 2026

Zhongmiao Holdings (Qingdao) Co., Ltd. reported strong interim results for the six months ended 30 June 2026, with revenue rising 56.5% year on year to RMB177.7 million and gross profit jumping 90.4% to RMB80.2 million. Profit for the period climbed...

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 dividend...

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 increas...

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 enhanc...

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 12, 2026