Folangsi Co., Limited Class H (2499) AI Stock Analysis

Folangsi Co., Limited Class H

(HKEX:2499)

Select Model

Rating:63Neutral

Price Target:HKD 5.50▼(-0.36% Downside)

Action:reiterated

Date:08/07/26

The score is supported mainly by solid financial performance, especially revenue growth, improving margins, and positive cash generation. Technicals are neutral and valuation is only moderate, while elevated leverage and softer TTM trends keep the overall score in the middle range.

Positive Factors

Stable operating marginsStable operating margins provide a durable core earnings base and indicate that the company has maintained operating discipline through its historical growth period. This consistency can support reinvestment, cash generation, and resilience over the next several quarters if revenue remains broadly stable.

Negative Factors

Elevated leverageDebt-to-equity of approximately 1.83 materially reduces financial flexibility and makes the company more sensitive to any sustained profitability weakness. Elevated leverage can constrain investment and shareholder-return choices, while increasing the importance of maintaining reliable cash generation over the coming quarters.

Folangsi Co., Limited Class H (2499) vs. iShares MSCI Hong Kong ETF (EWH)

Market Cap: HKD 2.00B
Dividend Yield: 0.58%
Average Volume (3M): 5,241
Price to Earnings (P/E): 19.4
Beta (1Y): 0.06
Revenue Growth: 8.21%
EPS Growth: -21.90%
Country: Hong Kong
Employees: 2,073
Sector: Industrials
Sector Strength: 63
Industry: Agricultural - Machinery

Folangsi Co., Limited Class H Business Overview & Revenue Model

Company Description

Folangsi Co., Ltd. delivers comprehensive on-site logistics equipment solutions across China. The company's offerings span several key areas: providing intralogistics machinery via subscription, delivering extensive maintenance and repair services, s...

Folangsi Co., Limited Class H Financial Statement Overview

Summary

Revenue growth and margin improvement support the score, but TTM revenue declined and leverage remains elevated. Cash generation is still healthy, though recent free cash flow momentum weakened.

Income Statement

72Positive

Balance Sheet

58Neutral

Cash Flow

65Positive

Financial statement breakdown
Breakdown	TTM	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	1.80B	1.75B	1.61B	1.37B	1.19B	1.17B
Gross Profit	542.71M	523.98M	463.73M	417.40M	361.66M	374.17M
EBITDA	600.90M	605.88M	586.86M	597.03M	537.12M	522.51M
Net Income	84.24M	82.21M	101.96M	31.22M	35.40M	55.18M
Balance Sheet
Total Assets	4.47B	4.11B	3.78B	3.15B	2.66B	2.56B
Cash, Cash Equivalents and Short-Term Investments	265.99M	217.62M	154.90M	210.19M	151.49M	232.92M
Total Debt	2.44B	2.28B	2.01B	1.58B	1.37B	1.33B
Total Liabilities	3.09B	2.86B	2.60B	2.07B	1.76B	1.70B
Stockholders Equity	1.38B	1.25B	1.18B	1.08B	899.46M	864.06M
Cash Flow
Free Cash Flow	343.86M	439.40M	489.52M	252.63M	300.12M	242.39M
Operating Cash Flow	523.15M	579.23M	626.67M	506.98M	522.19M	527.63M
Investing Cash Flow	-183.60M	-139.60M	-172.47M	-253.68M	-226.17M	-285.36M
Financing Cash Flow	-284.66M	-469.82M	-452.01M	-175.20M	-363.55M	-137.72M

Folangsi Co., Limited Class H Technical Analysis

Technical Analysis SentimentNegative

Last Price5.52

Price Trends

50DMA5.60Negative

100DMA5.73Negative

200DMA5.80Negative

Market Momentum

MACD-0.02Negative

RSI47.83Neutral

STOCH60.78Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For HK:2499, the sentiment is Negative. The current price of 5.52 is above the 20-day moving average (MA) of 5.49, below the 50-day MA of 5.60, and below the 200-day MA of 5.80, indicating a neutral trend. The MACD of -0.02 indicates Negative momentum. The RSI at 47.83 is Neutral, neither overbought nor oversold. The STOCH value of 60.78 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for HK:2499.

Folangsi Co., Limited Class H Peers Comparison

Overall Rating

UnderperformOutperform

Sector (63)

Financial Indicators

HK:2499 against its peers
Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
HK:3339	76Outperform	HKD 11.98B	7.20	12.47%	7.14%	21.86%	25.46%
HK:2102	66Neutral	HKD 355.00M	17.23	4.79%	9.86%	-14.36%	-26.60%
Sector *	63Neutral	$10.79B	15.43	7.44%	2.01%	2.89%	-14.66%
HK:2499	63Neutral	HKD 2.00B	19.38	6.40%	0.58%	8.21%	-21.90%
HK:0631	61Neutral	HKD 21.48B	10.84	12.81%	5.36%	19.07%	29.20%
HK:1157	52Neutral	HKD 57.01B	13.09	6.73%	8.95%	22.97%	6.24%
HK:2153	39Underperform	HKD 974.34M	-6.92	-9.84%	―	-6.74%	-2.06%

* Industrials Sector Average

Performance Comparison

HK:2499 and its peers over the selected period
Ticker	Company Name	Price	Change	% Change
HK:2499	Folangsi Co., Limited Class H	5.52	-0.12	-2.13%
HK:3339	Lonking Holdings	2.80	-0.12	-4.24%
HK:0631	Sany Heavy Equipment International Holdings Co	6.53	-0.39	-5.69%
HK:1157	Zoomlion Heavy Industry Science & Technology Co Class H	4.99	-2.18	-30.39%
HK:2153	Tat Hong Equipment Service Co. Ltd.	0.83	-0.21	-19.71%
HK:2102	Tak Lee Machinery Holdings Limited	0.35	0.09	36.02%

Folangsi Co., Limited Class H Corporate Events

Folangsi Posts Steady Interim Growth as Policy Shift Fuels Equipment Subscription Demand

Aug 21, 2026

Folangsi Co., Ltd reported unaudited interim results for the six months ended June 30, 2026, with revenue rising 8.0% year-on-year to RMB925.0 million and net profit increasing 5.2% to RMB52.9 million. The figures, prepared under HKFRS and reviewed b...

Folangsi Schedules Board Meeting to Review Interim 2026 Results

Aug 7, 2026

Folangsi Co., Ltd has scheduled a board meeting for August 21, 2026 to review and approve the interim financial results for the six months ended June 30, 2026 for the company and its subsidiaries. The session will also consider the possible recommend...

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: Aug 04, 2026

Folangsi Co., Limited Class H AI Stock Analysis