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Beijing UBOX Online Technology Corp. Class H
(2429)
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Rating:49Neutral
Price Target:
HK$2.00
▼(-18.03% Downside)
Action:Reiterated
Date:08/20/26
The score is primarily held back by continued losses and a bearish technical picture (price below key moving averages with negative MACD). Offsetting this, financial performance shows improving margins and a return to positive operating and free cash flow with low leverage, but revenue and cash-flow volatility keep the overall assessment below average.
Positive Factors
Conservative Leverage
Very low leverage gives the company greater financial flexibility while it works to improve profitability. A modest debt burden can reduce interest pressure, preserve borrowing capacity for productive investment, and provide more resilience if operating conditions remain uneven.
Negative Factors
Choppy, Declining Revenue
The latest revenue decline after earlier growth shows that demand and sales expansion are not yet consistent. Persistent top-line volatility can limit operating leverage, make resource planning harder, and weaken the company’s ability to convert margin improvements into durable earnings growth.
Read all positive and negative factors
Positive Factors
Negative Factors
Conservative Leverage
Very low leverage gives the company greater financial flexibility while it works to improve profitability. A modest debt burden can reduce interest pressure, preserve borrowing capacity for productive investment, and provide more resilience if operating conditions remain uneven.
Read all positive factors
Beijing UBOX Online Technology Corp. Class H (2429) vs. iShares MSCI Hong Kong ETF (EWH)
Market Cap
HK$2.05B
Dividend YieldN/A
Average Volume (3M)104.50K
Price to Earnings (P/E)―
Beta (1Y)-0.19
Revenue Growth-1.57%
EPS Growth33.35%
CountryHK
Employees1,077
SectorConsumer Defensive
Sector Strength42
IndustrySpecialty Retail
Share Statistics
EPS (TTM)-0.10
Shares Outstanding987,183,960
10 Day Avg. Volume99,300
30 Day Avg. Volume104,500
Financial Highlights & Ratios
PEG Ratio0.41
Price to Book (P/B)1.60
Price to Sales (P/S)0.69
P/FCF Ratio32.03
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
Beijing UBOX Online Technology Corp. Class H Business Overview & Revenue Model
Company Description
Headquartered in Shenzhen, China, Beijing UBOX Online Technology Corp. operates as a prominent provider of automated retail solutions throughout mainland China. The company's primary business involves the sale of various consumer goods, including ...
How the Company Makes Money
The company makes money primarily by selling consumer goods through its network of unmanned retail terminals and capturing the retail margin between its procurement cost and the price paid by end customers. Revenue is generated when products stock...
Beijing UBOX Online Technology Corp. Class H Financial Statement Overview
Summary
Income Statement
42
Neutral
Balance Sheet
66
Positive
Cash Flow
58
Neutral
| Breakdown | TTM | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 2.70B | 2.76B | 2.92B | 2.67B | 2.52B | 2.68B |
| Gross Profit | 1.06B | 1.02B | 1.04B | 1.09B | 1.08B | 1.10B |
| EBITDA | 39.87M | 40.75M | 7.64M | -50.76M | -102.58M | 48.69M |
| Net Income | -98.85M | -66.92M | -197.28M | -327.30M | -284.53M | -185.00M |
Balance Sheet | ||||||
| Total Assets | 1.67B | 1.74B | 1.29B | 1.51B | 1.52B | 1.94B |
| Cash, Cash Equivalents and Short-Term Investments | 607.85M | 721.79M | 333.41M | 347.56M | 128.18M | 174.89M |
| Total Debt | 105.50M | 78.41M | 129.52M | 107.58M | 129.68M | 179.55M |
| Total Liabilities | 564.59M | 548.72M | 481.30M | 540.72M | 516.93M | 652.44M |
| Stockholders Equity | 1.11B | 1.18B | 795.09M | 948.21M | 980.48M | 1.27B |
Cash Flow | ||||||
| Free Cash Flow | -92.70M | 59.22M | -24.53M | 40.32M | 8.03M | -44.90M |
| Operating Cash Flow | 57.32M | 97.92M | -23.13M | 106.62M | 153.92M | 178.95M |
| Investing Cash Flow | -207.22M | -89.87M | 17.63M | -53.77M | -105.25M | -22.74M |
| Financing Cash Flow | 274.68M | 362.43M | -11.85M | 169.09M | -92.88M | -174.84M |
Beijing UBOX Online Technology Corp. Class H Technical Analysis
Neutral
2.44
Price Trends
2.09
Negative
2.14
Negative
2.30
Negative
Market Momentum
-0.02
Negative
59.57
Neutral
92.05
Negative
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For HK:2429, the sentiment is Neutral. The current price of 2.44 is above the 20-day moving average (MA) of 1.86, above the 50-day MA of 2.09, and above the 200-day MA of 2.30, indicating a neutral trend. The MACD of -0.02 indicates Negative momentum. The RSI at 59.57 is Neutral, neither overbought nor oversold. The STOCH value of 92.05 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for HK:2429.
Beijing UBOX Online Technology Corp. Class H Peers Comparison
UnderperformOutperform
Sector (62)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
82 Outperform | HK$4.16B | 4.73 | 10.59% | 2.04% | 9.56% | 35.60% | |
67 Neutral | HK$305.03M | 8.39 | 5.61% | 10.26% | 1.35% | 38.28% | |
63 Neutral | HK$1.78B | 8.12 | 40.50% | 16.28% | 1.19% | -12.34% | |
62 Neutral | $20.33B | 14.63 | -3.31% | 3.23% | 1.93% | -12.26% | |
55 Neutral | HK$369.95M | 9.21 | 5.31% | 11.21% | 6.69% | 49.44% | |
49 Neutral | HK$2.05B | -17.15 | -8.63% | ― | -1.57% | 33.35% | |
44 Neutral | HK$950.07M | 78.78 | 1.09% | 3.49% | 3.24% | 31.30% |
* Consumer Defensive Sector Average
HK:2429
Beijing UBOX Online Technology Corp. Class H
2.02
-1.11
-35.42%
HK:0327
PAX Global Technology
3.93
-2.11
-34.98%
HK:0374
Four Seas Mercantile Holdings Limited
2.50
0.04
1.79%
HK:0831
Convenience Retail Asia Limited
0.39
0.10
34.02%
HK:2177
UNQ Holdings Limited
2.23
0.12
5.79%
HK:2360
Best Mart 360 Holdings Ltd.
1.78
-0.24
-11.75%
Beijing UBOX Online Technology Corp. Class H Corporate Events
Beijing UBOX Releases Unaudited Interim Results for First Half of 2026
Aug 28, 2026
Beijing UBOX Online Technology Corp., a PRC-incorporated joint stock company listed in Hong Kong under stock code 2429, operates in the online technology sector and is governed by a board comprising executive, non-executive and independent non-exe...
Beijing UBOX Completes H Share Full Circulation to Boost Free Float
Aug 19, 2026
Beijing UBOX Online Technology Corp., a PRC-incorporated company listed in Hong Kong, operates with a capital structure comprising H shares and formerly unlisted domestic shares aimed at international investors. Through the H share framework, the ...
Beijing UBOX Sets Board Meeting to Approve Interim Results and Consider Dividend
Aug 18, 2026
Beijing UBOX Online Technology Corp. has scheduled a board meeting for August 28, 2026 to review and approve the group’s interim results for the six months ended June 30, 2026, and to authorize their publication. The board will also consider...
Beijing UBOX Wins Hong Kong Approval for Major H Share Conversion
Jul 15, 2026
Beijing UBOX Online Technology Corp. has received approval from the Hong Kong Stock Exchange for the listing and trading of 40,671,930 H shares converted from domestic shares as part of its H share full circulation initiative. The move involves on...
UBOX Strikes Tech Partnership with Ant Blockchain to Advance AI and Smart Hardware
Jun 30, 2026
Beijing UBOX Online Technology Corp. has entered into a two-year framework cooperation agreement with Ant Blockchain Technology (Shanghai) to pursue long-term collaboration in blockchain, artificial intelligence and intelligent hardware. The partn...
Beijing UBOX Wins CSRC Nod for Major H-Share Conversion
Jun 29, 2026
Beijing UBOX Online Technology Corp. has received approval from the China Securities Regulatory Commission to convert 40,671,930 domestic shares held by a single shareholder into the same number of H shares on a one-to-one basis. Once the conversi...
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.