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New Provenance Everlasting Holdings Limited
(2326)
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Rating:49Neutral
Price Target:
HK$0.01
▲(0.00% Upside)
Action:Reiterated
Date:07/24/26
The score is held back primarily by fragile profitability and inconsistent free cash flow despite an improving 2026 operating rebound. A low-leverage balance sheet is a key offsetting strength. Technicals show no clear trend and slightly negative momentum, while valuation is constrained by negative earnings (negative P/E) and no dividend yield data.
Positive Factors
Conservative Balance Sheet
Consistently low leverage reduces solvency and refinancing risk, giving the company financial flexibility to fund operations or opportunistic investments during downturns. This durability supports long-term stability and lowers the chance of distress-driven dilution or asset sales.
Negative Factors
Fragile Profitability
Persistently negative net income and very thin gross and operating margins signal limited pricing power and high sensitivity to input costs. This fragility risks reversing the recent recovery and constrains the firm's ability to build retained earnings and durable profitability.
Read all positive and negative factors
Positive Factors
Negative Factors
Conservative Balance Sheet
Consistently low leverage reduces solvency and refinancing risk, giving the company financial flexibility to fund operations or opportunistic investments during downturns. This durability supports long-term stability and lowers the chance of distress-driven dilution or asset sales.
Read all positive factors
New Provenance Everlasting Holdings Limited (2326) vs. iShares MSCI Hong Kong ETF (EWH)
Market Cap
HK$210.84M
Dividend Yield0.3%
Average Volume (3M)758.67K
Price to Earnings (P/E)―
Beta (1Y)0.69
Revenue Growth64.90%
EPS Growth90.91%
CountryHK
Employees133
SectorBasic Materials
Sector Strength58
IndustryIndustrial Materials
Share Statistics
EPS (TTM)>-0.01
Shares Outstanding21,084,072,000
10 Day Avg. Volume1,306,000
30 Day Avg. Volume758,666
Financial Highlights & Ratios
PEG Ratio0.55
Price to Book (P/B)0.52
Price to Sales (P/S)0.27
P/FCF Ratio425.94
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
New Provenance Everlasting Holdings Limited Business Overview & Revenue Model
Company Description
Operating as an investment holding enterprise, New Provenance Everlasting Holdings Limited procures and distributes metallic minerals and associated industrial commodities throughout the People's Republic of China. The firm's activities also exten...
New Provenance Everlasting Holdings Limited Financial Statement Overview
Summary
Income Statement
36
Negative
Balance Sheet
72
Positive
Cash Flow
41
Neutral
| Breakdown | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 775.52M | 470.31M | 864.30M | 1.89B | 262.23M |
| Gross Profit | 17.76M | -4.03M | 12.03M | 19.11M | 10.91M |
| EBITDA | 11.65M | -35.33M | -20.26M | 12.34M | 5.60M |
| Net Income | -3.85M | -45.88M | -30.78M | 1.84M | -5.45M |
Balance Sheet | |||||
| Total Assets | 684.91M | 508.35M | 560.36M | 1.81B | 625.02M |
| Cash, Cash Equivalents and Short-Term Investments | 3.76M | 3.13M | 6.50M | 7.53M | 9.02M |
| Total Debt | 36.40M | 0.00 | 4.18M | 6.49M | 16.67M |
| Total Liabilities | 287.89M | 132.70M | 133.97M | 1.32B | 103.00M |
| Stockholders Equity | 406.67M | 385.07M | 435.63M | 493.21M | 531.08M |
Cash Flow | |||||
| Free Cash Flow | 495.00K | -3.54M | -708.00K | 8.16M | 8.45M |
| Operating Cash Flow | 11.52M | 6.91M | 1.27M | 11.17M | 12.55M |
| Investing Cash Flow | -11.02M | -10.41M | -1.96M | -3.01M | -4.09M |
| Financing Cash Flow | 0.00 | 0.00 | 0.00 | -9.56M | -6.88M |
New Provenance Everlasting Holdings Limited Peers Comparison
UnderperformOutperform
Sector (61)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
61 Neutral | $10.43B | 7.12 | -0.05% | 2.87% | 2.86% | -36.73% | |
53 Neutral | HK$2.22B | 5.31 | 11.28% | 2.44% | -32.45% | ― | |
49 Neutral | HK$210.84M | -100.00 | -0.97% | 0.30% | 64.90% | 90.91% | |
48 Neutral | HK$324.80M | 38.32 | 1.58% | 0.90% | 2.31% | ― | |
44 Neutral | HK$1.95B | -15.63 | -5.27% | 0.99% | ― | ― | |
42 Neutral | HK$43.38M | -0.11 | 336.15% | 1.39% | -42.50% | 19.00% | |
42 Neutral | HK$49.89M | -0.14 | -1613.43% | 2.61% | -20.14% | -84.86% |
* Basic Materials Sector Average
HK:2326
New Provenance Everlasting Holdings Limited
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New Provenance Everlasting Holdings Limited Corporate Events
New Provenance Everlasting shifts Bermuda registered office while keeping Hong Kong registrar unchanged
Jul 24, 2026
New Provenance Everlasting Holdings Limited announced that, effective 3 August 2026, its registered office, principal share registrar and transfer agent in Bermuda will move to a new address at Richmond House, 12 Par-la-Ville Road, Hamilton HM 08....
New Provenance Everlasting Sets August 2026 AGM, Seeks Share Issuance Mandate
Jul 21, 2026
New Provenance Everlasting Holdings Limited has called its annual general meeting for 21 August 2026 in Hong Kong, where shareholders will review and adopt the audited consolidated financial statements and the directors’ and auditor’s ...
New Provenance Everlasting Narrows Annual Loss as Revenue Surges
Jun 25, 2026
New Provenance Everlasting Holdings Limited reported a sharp increase in revenue to HK$775.5 million for the year ended 31 March 2026, up from HK$470.3 million a year earlier, turning a previous gross loss into a gross profit of HK$17.8 million. T...
New Provenance Everlasting flags sharply narrowed annual loss for FY2026
Jun 18, 2026
New Provenance Everlasting Holdings Limited has warned shareholders and potential investors that it expects to post a loss attributable to owners of between HK$3.8 million and HK$8 million for the financial year ended 31 March 2026. This compares ...
New Provenance Everlasting Sets June Board Meeting to Approve Annual Results
Jun 11, 2026
New Provenance Everlasting Holdings Limited has scheduled a board meeting for 25 June 2026 to review and approve the consolidated final results for the financial year ended 31 March 2026. At the same meeting, the board will also consider whether t...
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.