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E-Commodities Holdings Limited (HK:1733)
:1733
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E-Commodities Holdings Limited (1733) AI Stock Analysis

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HK:1733

E-Commodities Holdings Limited

(1733)

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Outperform 72 (OpenAI - 4o)
Rating:72Outperform
Price Target:
HK$1.00
▲(14.94% Upside)
E-Commodities Holdings Limited's stock score is driven by its strong valuation metrics, including a high dividend yield and reasonable P/E ratio, which suggest potential undervaluation. Financial performance is solid, but concerns about cash flow data limit the score. Technical analysis indicates neutral momentum, contributing to a balanced overall assessment.

E-Commodities Holdings Limited (1733) vs. iShares MSCI Hong Kong ETF (EWH)

E-Commodities Holdings Limited Business Overview & Revenue Model

Company DescriptionE-Commodities Holdings Limited (1733) is a Hong Kong-based investment holding company engaged primarily in the processing and trading of coal and other commodities. The company operates through several segments, including supply chain management, logistics, and industrial investment. Its core services encompass coal processing and logistics, facilitating efficient movement and management of commodities within its supply chain network.
How the Company Makes MoneyE-Commodities Holdings Limited generates revenue through its integrated supply chain model, primarily focusing on coal and other commodities. The company earns money by providing value-added services in the production, processing, and distribution stages of the commodities it handles. Key revenue streams include fees from logistics services, such as transportation and storage, as well as profits from trading activities where the company acts as an intermediary between suppliers and buyers. Strategic partnerships with mining companies and other stakeholders enhance its market position, contributing to its earnings by securing stable supply and demand channels.

E-Commodities Holdings Limited Financial Statement Overview

Summary
E-Commodities Holdings Limited shows strong profitability and a stable financial foundation with a solid equity ratio and reduced net debt. However, the absence of 2024 cash flow data raises concerns about cash flow management.
Income Statement
75
Positive
The income statement reflects strong profitability with a consistent gross profit margin of around 9-10% from 2019 to 2024. Despite a slight decline in revenue in 2024, the company maintained a healthy net profit margin of 2.35% compared to the previous year. However, revenue growth slowed, and EBIT margin decreased, indicating potential challenges in operational efficiency.
Balance Sheet
80
Positive
The balance sheet shows strong equity growth and a solid equity ratio of around 50% in 2024. The debt-to-equity ratio is stable, indicating prudent financial management. The company has reduced its net debt, enhancing its financial stability. However, there is room for further optimization in asset utilization.
Cash Flow
65
Positive
Cash flow analysis indicates a lack of free cash flow data for 2024, which limits insights into cash generation capabilities. Historical data shows robust free cash flow generation in previous years, but the absence of current year data raises concerns about cash flow sustainability and efficiency in capital expenditure management.
BreakdownTTMDec 2024Dec 2023Dec 2022Dec 2021Dec 2020
Income Statement
Total Revenue31.98B39.17B40.59B34.41B41.18B21.98B
Gross Profit585.92M1.52B3.70B3.20B5.83B1.45B
EBITDA509.41M1.21B3.13B2.27B4.44B858.30M
Net Income274.91M921.53M2.12B1.67B3.46B462.36M
Balance Sheet
Total Assets14.47B17.43B17.81B13.29B15.45B8.69B
Cash, Cash Equivalents and Short-Term Investments3.28B2.11B3.37B2.97B4.17B1.63B
Total Debt2.05B2.81B2.67B1.90B2.29B2.02B
Total Liabilities5.29B8.33B9.00B6.10B7.97B4.88B
Stockholders Equity8.79B8.66B8.49B6.92B7.23B3.93B
Cash Flow
Free Cash Flow1.94B-385.42M1.14B1.54B2.11B2.50B
Operating Cash Flow2.99B640.40M2.03B2.17B2.76B2.97B
Investing Cash Flow-479.23M-909.00M-1.83B-752.48M-456.37M-559.09M
Financing Cash Flow-1.17B-651.77M532.53M-2.11B152.90M-2.44B

E-Commodities Holdings Limited Technical Analysis

Technical Analysis Sentiment
Negative
Last Price0.87
Price Trends
50DMA
0.85
Negative
100DMA
0.89
Negative
200DMA
0.91
Negative
Market Momentum
MACD
>-0.01
Positive
RSI
44.80
Neutral
STOCH
68.89
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For HK:1733, the sentiment is Negative. The current price of 0.87 is above the 20-day moving average (MA) of 0.85, above the 50-day MA of 0.85, and below the 200-day MA of 0.91, indicating a bearish trend. The MACD of >-0.01 indicates Positive momentum. The RSI at 44.80 is Neutral, neither overbought nor oversold. The STOCH value of 68.89 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for HK:1733.

E-Commodities Holdings Limited Peers Comparison

Overall Rating
UnderperformOutperform
Sector (65)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
HK$11.80B6.9219.63%8.44%-2.79%-39.45%
HK$15.78B14.576.64%8.71%-5.78%-29.52%
$898.68B13.112.59%-13.87%-15.41%
€2.22B8.063.21%22.67%-23.72%-86.69%
HK$182.22B9.2210.99%4.07%-3.42%-18.73%
$15.17B7.614.09%5.20%3.87%-62.32%
HK$7.97B21.8181.71%1.37%-20.71%209.68%
* Energy Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
HK:1733
E-Commodities Holdings Limited
0.87
-0.49
-35.94%
HK:1898
China Coal Energy Co
11.41
2.16
23.32%
HK:1088
China Shenhua Energy Co
41.44
10.82
35.34%
HK:1277
Kinetic Mines & Energy Ltd.
1.54
0.22
16.67%
HK:0639
Shougang Fushan Resources Group Limited
3.10
0.53
20.62%
HK:0866
China Qinfa Group Ltd.
3.14
1.66
112.16%

E-Commodities Holdings Limited Corporate Events

E-Commodities Secures RMB1.6 Billion Credit Facility for Subsidiary
Oct 22, 2025

E-Commodities Holdings Limited announced that its wholly-owned subsidiary, Hainan More Richway Supply Chain Management Co., Ltd., has secured a credit facility agreement with the Bank of China Limited Yangpu Branch for up to RMB1.6 billion. The company will provide a corporate guarantee of up to RMB600 million to support this agreement, which is expected to enhance cash flow and strengthen business operations. The terms of the agreement are considered fair and beneficial for the company and its shareholders, reflecting the favorable national financing environment.

The most recent analyst rating on (HK:1733) stock is a Buy with a HK$1.00 price target. To see the full list of analyst forecasts on E-Commodities Holdings Limited stock, see the HK:1733 Stock Forecast page.

E-Commodities Holdings Enters New Counter-Guarantee Agreements
Sep 8, 2025

E-Commodities Holdings Limited has entered into three counter-guarantee contracts with Xiangyu Joint Stock, committing to provide financial guarantees proportional to its 49% equity interest in Xianghui Energy. These contracts, which total up to RMB167.09 million, are intended to support banking facilities and involve the termination of a previous agreement. The transactions are classified as discloseable and connected under Hong Kong’s Listing Rules, requiring reporting and announcement but exempt from certain approval requirements.

The most recent analyst rating on (HK:1733) stock is a Buy with a HK$1.00 price target. To see the full list of analyst forecasts on E-Commodities Holdings Limited stock, see the HK:1733 Stock Forecast page.

E-Commodities Holdings Limited Reports Decline in Interim Financial Results for 2025
Aug 22, 2025

E-Commodities Holdings Limited reported its interim financial results for the first half of 2025, showing a significant decline in revenue and profit compared to the same period in 2024. Despite a revenue of HK$12,672 million and a profit of HK$133 million, the company experienced a decrease in gross profit and earnings per share, indicating challenges in maintaining its previous financial performance levels.

The most recent analyst rating on (HK:1733) stock is a Buy with a HK$1.00 price target. To see the full list of analyst forecasts on E-Commodities Holdings Limited stock, see the HK:1733 Stock Forecast page.

E-Commodities Secures RMB150 Million Trade Financing Facility
Aug 22, 2025

E-Commodities Holdings Limited announced that its subsidiary, Hainan More Richway Supply Chain Management Co., Ltd., has entered into a trade financing facility agreement with Hainan Rural Commercial Bank Co., Ltd. The agreement provides a credit facility of up to RMB150 million for one year, enhancing the Group’s cash flow and operational financing resources. The company and its subsidiary have provided joint and several liability guarantees to ensure the agreement’s obligations are met. The Board believes the terms are fair and beneficial to the company and its shareholders.

The most recent analyst rating on (HK:1733) stock is a Buy with a HK$1.00 price target. To see the full list of analyst forecasts on E-Commodities Holdings Limited stock, see the HK:1733 Stock Forecast page.

E-Commodities Holdings Issues Profit Warning Amid Market Downturn
Aug 12, 2025

E-Commodities Holdings Limited has issued a profit warning, indicating a significant decline in revenue and profit for the first half of 2025 due to a downturn in coking coal prices. The company attributes this decrease to an oversupply in the market and reduced demand, exacerbated by international trade uncertainties. Despite these challenges, E-Commodities has managed to maintain a stable market share by diversifying its product offerings and implementing stringent cost controls. The company has also improved its cash flow through reduced inventory levels and increased operational turnover, while proactively managing its debt to reduce financial costs.

E-Commodities Holdings to Review Interim Results and Dividend
Aug 12, 2025

E-Commodities Holdings Limited has announced a board meeting scheduled for August 22, 2025, to review and approve the interim results for the first half of the year and discuss the potential payment of an interim dividend. This announcement could impact the company’s financial outlook and provide insights into its performance, potentially affecting stakeholders’ expectations.

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 14, 2025