China Graphite Group Ltd. (2237) AI Stock Analysis

China Graphite Group Ltd.

(HKEX:2237)

Select Model

Rating:49.5Neutral

Price Target:HKD 0.16▲(0.00% Upside)

Action:reiterated

Date:09/27/26

The overall score reflects pressured fundamentals—declining revenue, weaker margins, and volatile profitability—partly offset by a stable balance sheet and improving operating cash flow, while the share price remains in a clear downtrend and valuation appears demanding relative to the company’s recent performance.

Positive Factors

Return to ProfitabilityThe return to profitability shows meaningful improvement from the prior-year loss and supports business recovery. Although earnings remain modest, positive net income provides a stronger base for reinvestment, balance-sheet support, and potential earnings normalization over the next several quarters.

Negative Factors

Revenue Below Prior PeaksThe revenue recovery is incomplete, with sales still materially below earlier highs and the historical trajectory described as volatile. This limits operating scale and makes it harder to demonstrate durable market expansion, while weaker volume can constrain future profit growth.

China Graphite Group Ltd. (2237) vs. iShares MSCI Hong Kong ETF (EWH)

Market Cap: HKD 256.00M
Dividend Yield: ―
Average Volume (3M): 229.04K
Price to Earnings (P/E): 30.9
Beta (1Y): 0.71
Revenue Growth: 2.31%
EPS Growth: ―
Country: Hong Kong
Employees: 161
Sector: Basic Materials
Sector Strength: 61
Industry: Industrial Materials

China Graphite Group Ltd. Business Overview & Revenue Model

Company Description

China Graphite Group Limited, operating within the People's Republic of China, primarily focuses on the production and distribution of flake graphite concentrate and spherical graphite. The company obtains its vital raw materials through a dual appro...

China Graphite Group Ltd. Financial Statement Overview

Summary

Financial performance is mixed: revenue has fallen sharply and gross margins have eroded, but equity and assets remain stable, leverage is still manageable, and operating cash flow is strengthening with positive free cash flow despite volatility.

Income Statement

42Neutral

Balance Sheet

68Positive

Cash Flow

55Neutral

Financial statement breakdown
Breakdown	TTM	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	146.03M	152.92M	142.37M	201.99M	273.60M	198.37M
Gross Profit	45.23M	44.94M	41.58M	73.66M	135.90M	93.04M
EBITDA	33.66M	32.37M	8.47M	46.94M	118.32M	74.60M
Net Income	6.91M	4.91M	-12.50M	21.32M	78.98M	53.33M
Balance Sheet
Total Assets	553.60M	598.50M	562.39M	575.63M	530.75M	334.08M
Cash, Cash Equivalents and Short-Term Investments	36.03M	50.75M	32.68M	112.01M	136.72M	33.93M
Total Debt	70.45M	95.10M	81.22M	66.94M	11.43M	84.65M
Total Liabilities	121.05M	155.67M	126.08M	126.82M	80.23M	132.08M
Stockholders Equity	431.26M	441.40M	436.31M	448.81M	450.51M	202.00M
Cash Flow
Free Cash Flow	9.89M	7.89M	31.56M	-28.66M	14.22M	46.48M
Operating Cash Flow	39.66M	53.85M	51.02M	27.63M	77.33M	75.70M
Investing Cash Flow	-51.29M	-43.29M	-138.97M	-58.16M	-88.80M	-29.12M
Financing Cash Flow	-13.10M	7.04M	8.32M	30.94M	85.94M	-22.65M

China Graphite Group Ltd. Technical Analysis

Technical Analysis SentimentNegative

Last Price0.16

Price Trends

50DMA0.19Negative

100DMA0.20Negative

200DMA0.26Negative

Market Momentum

MACD-0.01Positive

RSI34.45Neutral

STOCH25.49Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For HK:2237, the sentiment is Negative. The current price of 0.16 is below the 20-day moving average (MA) of 0.18, below the 50-day MA of 0.19, and below the 200-day MA of 0.26, indicating a bearish trend. The MACD of -0.01 indicates Positive momentum. The RSI at 34.45 is Neutral, neither overbought nor oversold. The STOCH value of 25.49 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for HK:2237.

China Graphite Group Ltd. Peers Comparison

Overall Rating

UnderperformOutperform

Sector (61)

Financial Indicators

HK:2237 against its peers
Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
HK:3993	66Neutral	HKD 329.39B	9.68	32.65%	3.54%	38.53%	62.42%
HK:2245	65Neutral	HKD 26.31B	5.34	30.91%	4.12%	34.76%	66.30%
Sector *	61Neutral	$10.43B	7.12	-0.05%	2.87%	2.86%	-36.73%
HK:1091	53Neutral	HKD 2.28B	5.38	11.28%	―	-32.45%	―
HK:2237	50Neutral	HKD 256.00M	30.86	1.58%	―	2.31%	―
HK:0769	44Neutral	HKD 1.95B	-15.63	-5.27%	―	―	―
HK:6128	39Underperform	HKD 23.72M	-0.05	-1613.43%	―	-20.14%	-84.86%

* Basic Materials Sector Average

Performance Comparison

HK:2237 and its peers over the selected period
Ticker	Company Name	Price	Change	% Change
HK:2237	China Graphite Group Ltd.	0.16	-0.23	-58.97%
HK:3993	CMOC Group	12.32	-3.56	-22.42%
HK:0769	China Rare Earth Holdings	0.70	0.00	0.00%
HK:1091	South Manganese Investment Limited	0.39	-0.05	-11.49%
HK:2245	Lygend Resources & Technology Co., Ltd. Class H	16.74	-4.65	-21.73%
HK:6128	Graphex Group Limited	0.02	-0.29	-93.33%

China Graphite Group Ltd. Corporate Events

China Graphite Group Publishes 2026 Interim Results and Report

Aug 28, 2026

China Graphite Group Limited has released its interim condensed consolidated results for the six months ended 30 June 2026, fulfilling disclosure requirements of the Hong Kong Stock Exchange. The full interim report, including management discussion,...

China Graphite Sets Board Meeting to Approve Interim Results and Mull Dividend

Aug 18, 2026

China Graphite Group Limited has scheduled a board meeting for 28 August 2026 to review and approve the unaudited interim results for the six months ended 30 June 2026. The board will also consider the potential declaration of an interim dividend, a...

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 27, 2026

China Graphite Group Ltd. AI Stock Analysis