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Shenzhen Pagoda Industrial (Group) Corp. Ltd. Class H (2411) AI Stock Analysis
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Shenzhen Pagoda Industrial (Group) Corp. Ltd. Class H
(HKEX:2411)
The score is held down primarily by weakening financial performance (consecutive net losses, declining revenue, margin compression, and negative/weakening cash flows) and a technically bearish trend (price below key moving averages with negative MACD). Valuation support comes mainly from the very high dividend yield, but the negative P/E and weaker cash generation limit confidence in sustainability.
Shenzhen Pagoda Industrial (Group) Corp. Ltd. Class H (2411) vs. iShares MSCI Hong Kong ETF (EWH)
- Market Cap
- HKD 2.12B
- Dividend Yield
- 0.51%
- Average Volume (3M)
- 1.97M
- Price to Earnings (P/E)
- 27.5
- Beta (1Y)
- 0.48
- Revenue Growth
- 0.94%
- EPS Growth
- ―
- Country
- Hong Kong
- Employees
- 2,483
- Sector
- Consumer Cyclical
- Sector Strength
- 61
- Industry
- Grocery Stores
Shenzhen Pagoda Industrial (Group) Corp. Ltd. Class H Business Overview & Revenue Model
Company Description
Shenzhen Pagoda Industrial (Group) Corporation Limited serves as a prominent fruit retail entity operating throughout the People's Republic of China. The company's product portfolio encompasses both fresh fruits and various fruit-based items, such as...
How the Company Makes Money
The company primarily makes money by selling fresh fruit products to end consumers through its branded retail network, capturing retail margin between its procurement costs (sourcing fruit from growers and suppliers) and the selling price in stores a...
Shenzhen Pagoda Industrial (Group) Corp. Ltd. Class H Financial Statement Overview
Summary
Financial quality is pressured. The company shifted from profits (2021–2023) to net losses in 2024–2025, with revenue declining (notably in 2025) and gross margin compressing materially (from ~11.5% in 2023 to ~7.3% in 2025). Cash flow is also weakening with negative operating cash flow in 2025 and negative free cash flow for three straight years (2023–2025). Balance sheet risk is elevated by rising leverage (debt-to-equity up to ~1.12 in 2025) and negative ROE in 2024–2025.
Income Statement
28NegativeBalance Sheet
45NeutralCash Flow
30Negative| Breakdown | TTM | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 8.81B | 8.17B | 10.27B | 11.39B | 11.31B | 10.29B |
| Gross Profit | 990.51M | 596.21M | 761.96M | 1.31B | 1.31B | 1.16B |
| EBITDA | 267.83M | -114.65M | -200.88M | 584.16M | 558.46M | 453.54M |
| Net Income | 58.17M | -317.49M | -386.03M | 361.72M | 323.30M | 230.34M |
Balance Sheet | ||||||
| Total Assets | 8.52B | 7.61B | 7.82B | 7.59B | 6.81B | 6.42B |
| Cash, Cash Equivalents and Short-Term Investments | 3.70B | 3.02B | 2.50B | 2.30B | 2.09B | 1.85B |
| Total Debt | 3.74B | 3.00B | 2.92B | 2.41B | 1.80B | 2.02B |
| Total Liabilities | 5.87B | 4.82B | 5.01B | 4.25B | 3.79B | 3.71B |
| Stockholders Equity | 2.59B | 2.68B | 2.71B | 3.22B | 2.95B | 2.64B |
Cash Flow | ||||||
| Free Cash Flow | 65.53M | -199.68M | -53.91M | -166.24M | 414.71M | 239.92M |
| Operating Cash Flow | 111.08M | -150.08M | 164.58M | -48.53M | 589.18M | 283.88M |
| Investing Cash Flow | 339.31M | 581.61M | -760.20M | 282.56M | 619.85M | -577.90M |
| Financing Cash Flow | -259.80M | -243.21M | 239.09M | 414.89M | -307.78M | 404.05M |
Shenzhen Pagoda Industrial (Group) Corp. Ltd. Class H Technical Analysis
Price Trends
Market Momentum
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For HK:2411, the sentiment is Negative. The current price of 1.13 is below the 20-day moving average (MA) of 1.43, below the 50-day MA of 1.43, and below the 200-day MA of 1.56, indicating a bearish trend. The MACD of -0.08 indicates Positive momentum. The RSI at 22.39 is Positive, neither overbought nor oversold. The STOCH value of 0.55 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for HK:2411.
Shenzhen Pagoda Industrial (Group) Corp. Ltd. Class H Peers Comparison
Overall Rating
HK:017873Outperform
HK:220969Neutral
HK:989650Neutral- HK:241148Neutral
HK:093344Neutral
HK:049337Underperform
Financial Indicators
| Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
| HK:0178 | 73Outperform | HKD 4.05B | 19.92 | 16.40% | 2.06% | 11.19% | 160.48% |
| HK:2209 | 69Neutral | HKD 1.21B | 5.64 | 31.59% | 3.46% | 31.51% | 22.05% |
| Sector * | 61Neutral | $18.38B | 12.79 | -2.54% | 3.03% | 1.52% | -15.83% |
| HK:9896 | 50Neutral | HKD 24.06B | 17.16 | 14.11% | 6.58% | 30.79% | -44.14% |
| HK:2411 | 48Neutral | HKD 2.15B | 27.47 | 2.21% | 0.51% | 0.94% | ― |
| HK:0933 | 44Neutral | HKD 3.59B | 16.44 | 3.56% | ― | 4.50% | ― |
| HK:0493 | 37Underperform | HKD 758.47M | -0.08 | 21.77% | ― | -28.44% | 42.64% |
* Consumer Cyclical Sector Average
Performance Comparison
| Show on chart | Ticker | Company Name | Price | Change | % Change |
|---|---|---|---|---|---|
| HK:2411 | Shenzhen Pagoda Industrial (Group) Corp. Ltd. Class H | 1.13 | -0.77 | -40.62% | |
| HK:0493 | GOME Retail Holdings | 0.01 | -0.01 | -44.44% | |
| HK:2209 | YesAsia Holdings Limited | 2.89 | -1.92 | -39.95% | |
| HK:9896 | MINISO Group Holding Ltd. | 19.82 | -20.46 | -50.80% | |
| HK:0178 | Sa Sa International Holdings Limited | 1.30 | 0.73 | 126.96% | |
| HK:0933 | Viva China Holdings Limited | 0.36 | -0.20 | -35.71% |
Shenzhen Pagoda Industrial (Group) Corp. Ltd. Class H Corporate Events
Pagoda Shareholders Approve Loan to Subsidiary and Amend Share Award Scheme
Shenzhen Pagoda Industrial (Group) Corporation Limited held its second extraordinary general meeting of 2026 in Hong Kong, where shareholders voted by poll on key resolutions concerning a connected transaction and an incentive scheme. Voting rights w...
Pagoda Group Calls 2026 EGM on Connected Loan and Share Award Changes
Shenzhen Pagoda Industrial (Group) Corporation Limited has called its second extraordinary general meeting of 2026 for October 30 in Shenzhen, where shareholders will vote on providing financial assistance under a loan agreement to connected subsidia...
Shenzhen Pagoda Schedules October Extraordinary General Meeting and Sets Register Closure
Shenzhen Pagoda Industrial (Group) Corporation Limited has announced that it will convene an extraordinary general meeting on Friday, October 30, 2026, in line with Hong Kong listing rules. The meeting will determine matters requiring shareholder app...
Shenzhen Pagoda Swings to Interim Profit as Store Network Expands
Shenzhen Pagoda Industrial (Group) Corporation Limited reported a 14.5% year-on-year increase in revenue to RMB5.01 billion for the six months ended June 30, 2026, driven mainly by higher sales of fruits, snacks and other food products. Gross profit...
Pagoda Industrial Boosts Connected Subsidiary Financing to RMB360 Million
Shenzhen Pagoda Industrial (Group) Corporation Limited has entered into a new loan agreement with its connected subsidiary Pagoda Commercial Management, conditionally providing up to RMB110 million in financing at a fixed annual interest rate of 3.2%...
Shenzhen Pagoda Schedules Board Meeting to Review Interim Results and Dividends
Shenzhen Pagoda Industrial (Group) Corporation Limited, a PRC-incorporated joint stock company listed in Hong Kong under stock code 2411, operates in the retail segment with a focus on fresh produce and consumer goods for the Chinese market. Its boar...
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: Aug 27, 2026