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CPM Group Ltd. (1932) AI Stock Analysis
CPM Group Ltd.
(HKEX:1932)
The overall score is held down primarily by weak financial performance, including a significantly reduced revenue base, persistent losses, and unstable cash generation despite some operational improvements and manageable leverage. Technicals offer a modest offset, with recent price strength above short-term averages, but overbought momentum readings point to an already stretched move rather than a stable uptrend. Valuation further limits the appeal, as the negative P/E and absence of dividends leave investors dependent on a successful turnaround that is not yet evident in the underlying financials.
CPM Group Ltd. (1932) vs. iShares MSCI Hong Kong ETF (EWH)
- Market Cap
- HKD 160.00M
- Dividend Yield
- ―
- Average Volume (3M)
- 108.76K
- Price to Earnings (P/E)
- -4.4
- Beta (1Y)
- 0.11
- Revenue Growth
- -6.78%
- EPS Growth
- 41.22%
- Country
- Hong Kong
- Employees
- 393
- Sector
- Basic Materials
- Sector Strength
- 61
- Industry
- Chemicals - Specialty
CPM Group Ltd. Business Overview & Revenue Model
Company Description
CPM Group Limited, an investment holding firm established in 1932 and headquartered in Wan Chai, Hong Kong, focuses on the production and distribution of an extensive array of paint and coating solutions throughout Hong Kong and Mainland China. Its p...
CPM Group Ltd. Financial Statement Overview
Summary
Revenue has contracted sharply and remains at a materially reduced scale, with persistent net losses and volatile, largely negative free cash flow, partly offset by improving gross margins, EBITDA nearing break-even, and a manageable but shrinking equity base.
Income Statement
25NegativeBalance Sheet
40NegativeCash Flow
30Negative| Breakdown | TTM | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 260.42M | 241.09M | 321.35M | 469.09M | 643.05M | 842.52M |
| Gross Profit | 112.93M | 100.58M | 129.32M | 157.54M | 142.53M | 170.72M |
| EBITDA | 8.25M | -1.69M | -20.94M | -32.99M | -58.15M | -25.22M |
| Net Income | -36.54M | -45.98M | -47.91M | -67.11M | -98.47M | -59.45M |
Balance Sheet | ||||||
| Total Assets | 711.03M | 706.67M | 804.00M | 972.86M | 1.15B | 1.20B |
| Cash, Cash Equivalents and Short-Term Investments | 168.31M | 158.29M | 191.46M | 144.94M | 147.52M | 256.43M |
| Total Debt | 222.57M | 167.93M | 205.35M | 222.99M | 246.00M | 219.55M |
| Total Liabilities | 356.88M | 349.52M | 422.93M | 524.22M | 631.89M | 670.37M |
| Stockholders Equity | 349.98M | 353.06M | 377.09M | 444.46M | 518.07M | 529.58M |
Cash Flow | ||||||
| Free Cash Flow | 29.99M | -2.94M | -24.09M | 79.65M | -58.87M | 2.52M |
| Operating Cash Flow | 32.06M | -1.31M | -23.36M | 83.64M | -37.13M | 20.75M |
| Investing Cash Flow | -11.00K | 8.88M | 76.28M | -59.79M | -18.50M | -51.92M |
| Financing Cash Flow | -4.30M | -39.90M | -21.09M | -24.66M | 18.05M | -13.23M |
CPM Group Ltd. Technical Analysis
Price Trends
Market Momentum
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For HK:1932, the sentiment is Positive. The current price of 0.16 is above the 20-day moving average (MA) of 0.16, above the 50-day MA of 0.15, and below the 200-day MA of 0.21, indicating a neutral trend. The MACD of -0.00 indicates Negative momentum. The RSI at 56.92 is Neutral, neither overbought nor oversold. The STOCH value of 68.94 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for HK:1932.
CPM Group Ltd. Peers Comparison
Overall Rating
HK:040862Neutral
HK:331853Neutral
HK:054652Neutral
HK:250250.5Neutral- HK:193246Neutral
HK:030143Neutral
Financial Indicators
| Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
| HK:0408 | 62Neutral | HKD 1.45B | 6.84 | 5.15% | 7.69% | 6.66% | 65.39% |
| Sector * | 61Neutral | $10.43B | 7.12 | -0.05% | 2.87% | 2.86% | -36.73% |
| HK:3318 | 53Neutral | HKD 3.42B | -2.74 | -51.09% | ― | 11.19% | -3035.78% |
| HK:0546 | 52Neutral | HKD 9.90B | 0.25 | 5.20% | 4.13% | 1.18% | -65.68% |
| HK:2502 | 51Neutral | HKD 852.91M | 18.39 | 2.33% | ― | -4.75% | ― |
| HK:1932 | 46Neutral | HKD 160.00M | -4.38 | -10.40% | ― | -6.78% | 41.22% |
| HK:0301 | 43Neutral | HKD 3.65B | -197.63 | -8.09% | ― | 3.15% | 50.74% |
* Basic Materials Sector Average
Performance Comparison
| Show on chart | Ticker | Company Name | Price | Change | % Change |
|---|---|---|---|---|---|
| HK:1932 | CPM Group Ltd. | 0.16 | 0.02 | 12.68% | |
| HK:0408 | Yip's Chemical Holdings | 2.60 | 0.78 | 42.62% | |
| HK:3318 | China Boton Group Co., Ltd. | 3.15 | 1.37 | 76.97% | |
| HK:0546 | Fufeng Group Limited | 4.03 | -4.15 | -50.79% | |
| HK:0301 | SANVO Fine Chemicals Group Limited | 7.80 | 6.54 | 519.44% | |
| HK:2502 | Henan Jinyuan Hydrogenated Chemicals Co., Ltd. Class H | 0.51 | 0.07 | 15.91% |
CPM Group Ltd. Corporate Events
CPM Group Narrows Interim Loss as Revenue and Margins Improve
CPM Group Limited reported unaudited interim results for the six months ended 30 June 2026, showing revenue up 18.2% year on year to HK$125.7 million and gross profit up 29.4%, lifting its gross margin to 43.2% from 39.5%. Despite the stronger top li...
CPM Group Sets Board Meeting to Approve 2026 Interim Results and Consider Dividend
CPM Group Limited has scheduled a board meeting for 28 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 potential declaration of an interim dividend, signaling...
CPM Group Flags Narrowed Interim Loss on Stronger Paint Sales
CPM Group Ltd. has warned that it will remain loss-making for the six months ended 30 June 2026, but expects its loss attributable to shareholders to narrow by 28% to 35% to between HK$19 million and HK$21 million, down from HK$29.15 million a year e...
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 25, 2026