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Autostreets Development Limited (HK:2443)
:2443
Hong Kong Market
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Autostreets Development Limited (2443) AI Stock Analysis

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HK:2443

Autostreets Development Limited

(2443)

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Neutral 51 (OpenAI - 4o)
Rating:51Neutral
Price Target:
HK$4.00
▲(0.25% Upside)
The overall stock score is primarily influenced by the company's declining financial performance and high valuation. The technical analysis indicates a lack of clear momentum, further contributing to a cautious outlook. The absence of earnings call data and corporate events means these factors do not impact the score.

Autostreets Development Limited (2443) vs. iShares MSCI Hong Kong ETF (EWH)

Autostreets Development Limited Business Overview & Revenue Model

Company DescriptionAutostreets Development Limited (2443) is a prominent player in the automotive industry, focusing on innovative solutions for vehicle sales, distribution, and aftermarket services. The company operates in multiple sectors, including automotive retail, logistics, and technology integration, providing a comprehensive suite of products and services designed to enhance the customer experience and streamline operations within the automotive market.
How the Company Makes MoneyAutostreets Development Limited generates revenue through several key streams, including direct sales of vehicles, leasing services, and the provision of aftermarket products and services. The company partners with various automotive manufacturers to distribute their vehicles, earning commissions on sales. Additionally, Autostreets offers financing options for customers, which provides further income through interest and fees. The integration of technology solutions, such as digital platforms for vehicle sales and customer management, also contributes to its revenue, as it attracts a broader customer base and enhances operational efficiency.

Autostreets Development Limited Financial Statement Overview

Summary
Autostreets Development Limited is experiencing declining revenue and profitability, as reflected in the income statement. The balance sheet is strong with low leverage and high equity, providing financial stability. However, the declining cash flow generation is a concern for future growth and investment capabilities.
Income Statement
45
Neutral
Autostreets Development Limited has faced declining revenue and profitability over the years. The revenue decreased from 677.7M in 2021 to 408.6M in 2024, indicating a negative growth trend. The gross profit margin has also decreased, and the company reported a negative net income in 2024, reflecting challenges in maintaining profitability.
Balance Sheet
70
Positive
The company's balance sheet shows a strong equity position with a significant increase in stockholders' equity from 77.5M in 2021 to 926.3M in 2024. The debt-to-equity ratio is low, indicating low leverage and financial stability. However, the total assets have not grown significantly, which could limit future growth potential.
Cash Flow
60
Neutral
The cash flow analysis reveals a decline in operating cash flow from 188.7M in 2021 to 9.4M in 2024, indicating reduced cash generation from operations. Free cash flow has also decreased significantly, which could impact the company's ability to reinvest in growth opportunities. However, the company has maintained positive free cash flow, which is a positive aspect.
BreakdownTTMDec 2024Dec 2023Dec 2022Dec 2021
Income Statement
Total Revenue359.13M408.59M491.97M467.63M677.69M
Gross Profit220.64M255.13M312.48M284.82M425.57M
EBITDA60.70M-65.39M103.58M135.73M261.07M
Net Income30.07M-123.00M-15.51M45.24M47.97M
Balance Sheet
Total Assets1.24B1.25B1.15B1.03B840.55M
Cash, Cash Equivalents and Short-Term Investments1.05B1.05B938.94M466.51M373.79M
Total Debt189.00M199.60M137.96M116.47M106.03M
Total Liabilities295.58M312.71M752.00M855.98M565.89M
Stockholders Equity927.36M926.27M394.86M132.70M77.54M
Cash Flow
Free Cash Flow71.82M7.25M116.19M90.73M182.43M
Operating Cash Flow73.06M9.44M123.36M95.33M188.71M
Investing Cash Flow-11.49M-63.00K310.91M-43.89M-47.49M
Financing Cash Flow0.00100.15M111.50M-15.96M-49.20M

Autostreets Development Limited Technical Analysis

Technical Analysis Sentiment
Negative
Last Price3.99
Price Trends
50DMA
4.14
Negative
100DMA
4.11
Negative
200DMA
4.12
Negative
Market Momentum
MACD
-0.06
Positive
RSI
40.29
Neutral
STOCH
18.56
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 3.99 is below the 20-day moving average (MA) of 4.13, below the 50-day MA of 4.14, and below the 200-day MA of 4.12, indicating a bearish trend. The MACD of -0.06 indicates Positive momentum. The RSI at 40.29 is Neutral, neither overbought nor oversold. The STOCH value of 18.56 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

Overall Rating
UnderperformOutperform
Sector (55)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
HK$354.82M-1.92%9.65%-14.32%-192.28%
$6.65B3.83-15.92%6.20%10.91%7.18%
HK$1.43B-9.07%-26.94%
100.773.29%-21.50%
$3.23B-0.94-26.57%8.74%-13.69%-1296.59%
HK$1.87B-4.42%2.89%11.33%56.94%
HK$159.00M-8.81%-24.42%-115.68%
* General Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
HK:2443
Autostreets Development Limited
4.03
-23.12
-85.16%
HK:3669
China Yongda Automobiles Services
1.74
0.18
11.83%
HK:1728
China Zhengtong Auto Services Holdings
0.14
0.01
10.85%
HK:3836
China Harmony Auto Holding Limited
1.28
0.77
150.98%
HK:1771
Sunfonda Group Holdings Ltd.
0.26
0.00
0.00%
HK:6909
BetterLife Holding Limited
0.57
-0.29
-33.72%

Autostreets Development Limited Corporate Events

Autostreets Development Limited Discloses CEO Emoluments for 2023 and 2024
Sep 3, 2025

Autostreets Development Limited has released supplemental information regarding the emoluments of its Chief Executive Officer, Mr. Zhao Hongliang, for the years 2023 and 2024. The company disclosed that Mr. Zhao’s total remuneration, including salaries, allowances, benefits in kind, and pension scheme contributions, amounted to RMB 1,633,000 in 2023 and RMB 1,635,000 in 2024. This announcement does not affect any other information contained in the company’s annual report.

The most recent analyst rating on (HK:2443) stock is a Hold with a HK$4.50 price target. To see the full list of analyst forecasts on Autostreets Development Limited stock, see the HK:2443 Stock Forecast page.

Autostreets Reports Improved Profit Despite Revenue Decline
Aug 29, 2025

Autostreets Development Limited announced its unaudited interim results for the first half of 2025, reporting a 25.9% decrease in revenue and a 27.9% drop in gross profit compared to the same period in 2024. Despite these declines, the company achieved a profit of RMB 12,791,000, a significant improvement from a loss of RMB 142,231,000 in the previous year, indicating a positive turnaround in its financial performance.

The most recent analyst rating on (HK:2443) stock is a Hold with a HK$4.00 price target. To see the full list of analyst forecasts on Autostreets Development Limited stock, see the HK:2443 Stock Forecast page.

Autostreets Development Limited Schedules Board Meeting for Interim Results
Aug 19, 2025

Autostreets Development Limited has announced that its board of directors will meet on August 29, 2025, to review and approve the interim financial results for the first half of the year ending June 30, 2025. The meeting will also consider the declaration and payment of an interim dividend, which could have implications for the company’s financial strategy and shareholder returns.

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: Oct 10, 2025