Want to see HK:2443 full AI Analyst Report?
Top Page
Autostreets Development Limited
(2443)
Select Model
Select Model
Rating:49Neutral
Price Target:
HK$1.00
▼(-62.83% Downside)
Action:Reiterated
Date:09/10/26
The score is held back primarily by weak technicals (price well below all major moving averages with negative MACD) and inconsistent operating performance (multi-year revenue contraction and volatile profitability). These are partly offset by a much stronger, lower-leverage balance sheet and still-positive operating/free cash flow, though cash flow has weakened meaningfully year over year.
Positive Factors
Lower Leverage
Debt-to-equity of roughly 0.20–0.22 in 2024–2025, versus about 3.0–3.7 in 2021–2022, indicates a materially more conservative capital structure. Lower leverage should preserve financial flexibility and reduce balance-sheet pressure as management addresses weak operating returns.
Negative Factors
Revenue Contraction
Revenue has contracted for multiple years, including an approximately 26% decline in 2025; the broader revenue-growth figure is also negative. Persistent top-line shrinkage can reduce scale, limit operating leverage, and make sustainable earnings improvement harder over the next several quarters.
Read all positive and negative factors
Positive Factors
Negative Factors
Lower Leverage
Debt-to-equity of roughly 0.20–0.22 in 2024–2025, versus about 3.0–3.7 in 2021–2022, indicates a materially more conservative capital structure. Lower leverage should preserve financial flexibility and reduce balance-sheet pressure as management addresses weak operating returns.
Read all positive factors
Autostreets Development Limited (2443) vs. iShares MSCI Hong Kong ETF (EWH)
Market Cap
HK$890.95M
Dividend YieldN/A
Average Volume (3M)236.85K
Price to Earnings (P/E)―
Beta (1Y)-0.06
Revenue Growth-41.33%
EPS Growth-148.34%
CountryHK
Employees600
SectorGeneral
Sector StrengthN/A
IndustryAuto - Dealerships
Share Statistics
EPS (TTM)0.01
Shares Outstanding832,662,400
10 Day Avg. Volume306,660
30 Day Avg. Volume236,853
Financial Highlights & Ratios
PEG Ratio-2.27
Price to Book (P/B)2.15
Price to Sales (P/S)7.37
P/FCF Ratio64.70
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
Autostreets Development Limited Business Overview & Revenue Model
Company Description
Autostreets Development Limited operates as an investment holding company, primarily focusing on providing comprehensive pre-owned vehicle transaction services throughout China. The firm manages a seamlessly integrated online and offline marketpla...
Autostreets Development Limited Financial Statement Overview
Summary
Income Statement
46
Neutral
Balance Sheet
68
Positive
Cash Flow
57
Neutral
| Breakdown | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 271.07M | 408.59M | 491.97M | 467.63M | 677.69M |
| Gross Profit | 169.73M | 255.13M | 312.48M | 284.82M | 425.57M |
| EBITDA | 31.26M | -65.39M | 28.72M | 135.73M | 261.07M |
| Net Income | 8.27M | -123.00M | -15.51M | 45.24M | 47.97M |
Balance Sheet | |||||
| Total Assets | 1.23B | 1.25B | 1.15B | 1.03B | 840.55M |
| Cash, Cash Equivalents and Short-Term Investments | 833.94M | 1.05B | 938.94M | 466.51M | 373.79M |
| Total Debt | 184.58M | 199.60M | 137.96M | 397.44M | 286.10M |
| Total Liabilities | 279.02M | 312.71M | 752.00M | 855.98M | 565.89M |
| Stockholders Equity | 927.50M | 926.27M | 394.86M | 132.70M | 77.54M |
Cash Flow | |||||
| Free Cash Flow | 30.87M | 7.25M | 116.19M | 90.73M | 182.43M |
| Operating Cash Flow | 31.71M | 9.44M | 123.36M | 95.33M | 188.71M |
| Investing Cash Flow | -219.71M | -63.00K | 310.91M | -43.89M | -47.49M |
| Financing Cash Flow | -22.56M | 100.15M | 111.50M | -15.96M | -49.20M |
Autostreets Development Limited Technical Analysis
Negative
2.69
Price Trends
1.50
Negative
1.60
Negative
2.06
Negative
Market Momentum
-0.09
Positive
27.59
Positive
8.02
Positive
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For HK:2443, the sentiment is Negative. The current price of 2.69 is above the 20-day moving average (MA) of 1.39, above the 50-day MA of 1.50, and above the 200-day MA of 2.06, indicating a bearish trend. The MACD of -0.09 indicates Positive momentum. The RSI at 27.59 is Positive, neither overbought nor oversold. The STOCH value of 8.02 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for HK:2443.
Autostreets Development Limited Peers Comparison
UnderperformOutperform
Sector (55)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
55 Neutral | $6.65B | 3.83 | -15.92% | 6.20% | 10.91% | 7.18% | |
54 Neutral | HK$1.50B | -0.76 | -20.16% | 19.25% | -16.05% | 45.22% | |
49 Neutral | HK$890.95M | -58.31 | -1.49% | ― | -41.33% | -148.34% | |
48 Neutral | HK$7.65B | -2.51 | -5.77% | 21.15% | -5.03% | -198.49% | |
44 Neutral | HK$390.41M | -1.59 | -11.37% | 13.58% | -17.65% | 92.47% | |
44 Neutral | HK$1.43B | -0.45 | 58.35% | 9.34% | 1.77% | 45.42% | |
42 Neutral | HK$753.59M | -1.07 | -13.15% | 7.71% | 31.42% | -181.28% |
* General Sector Average
HK:2443
Autostreets Development Limited
1.12
-2.92
-72.28%
HK:3669
China Yongda Automobiles Services
0.82
-1.23
-60.00%
HK:1268
China MeiDong Auto Holdings
0.29
-1.48
-83.58%
HK:1728
China Zhengtong Auto Services Holdings
0.14
0.00
0.00%
HK:3836
China Harmony Auto Holding Limited
0.52
-1.42
-73.20%
HK:0881
Zhongsheng Group Holdings Ltd.
3.19
-12.47
-79.63%
Autostreets Development Limited Corporate Events
Autostreets Swings to Interim Loss as Used Car Transactions Plunge
Aug 31, 2026
Autostreets Development Limited reported a sharp deterioration in interim results for the six months ended 30 June 2026, with revenue falling 46.7% year on year to RMB75.6 million and gross profit dropping 52.3% to RMB42.5 million. The companyR...
Autostreets Sets Board Meeting to Approve 2026 Interim Results and Consider Dividend
Aug 19, 2026
Autostreets Development Limited has scheduled a board meeting for 31 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 possible declaration and payment of an...
Autostreets Flags First-Half Loss as Auto Market Weakens
Aug 11, 2026
Autostreets Development Limited has warned that it expects to post a net loss of no more than RMB15.0 million for the six months ended 30 June 2026, reversing from a net profit of about RMB12.8 million a year earlier. Management attributed the dow...
Autostreets Wins Strong Shareholder Backing for Capital and Incentive Mandates
Jun 30, 2026
Autostreets Development Limited, a Cayman Islands-incorporated company listed in Hong Kong under stock code 2443, operates in the automotive-related services and development sector with a governance structure combining executive, non-executive and...
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.