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Henan Jinyuan Hydrogenated Chemicals Co., Ltd. Class H (2502) AI Stock Analysis

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HK:2502

Henan Jinyuan Hydrogenated Chemicals Co., Ltd. Class H

(HKEX:2502)

Select Model
Rating:46.1Neutral
Price Target:HKD 0.52â–²(0.98% Upside)
Action:reiterated
Date:10/09/26

The overall score is driven primarily by weak financial performance, with post-2022 revenue declines, margin erosion, and inconsistent cash generation creating significant fundamental risk; this is reinforced by a soft technical backdrop as the price trades below key moving averages with negative MACD, while a moderate P/E and low volatility offer only limited support and keep the valuation stance roughly neutral.

Positive Factors
Moderate leverageA manageable debt burden and substantial equity base provide financial resilience through the next several quarters. This structure should preserve funding flexibility and reduce the risk that moderate operating weakness immediately becomes a balance-sheet crisis.
Negative Factors
Sustained lossesTwo consecutive years of losses and negative net margin show that profitability has deteriorated beyond a single reporting-period fluctuation. Continued margin compression could weaken internal funding, reduce capital efficiency, and make a durable earnings recovery more difficult.

Henan Jinyuan Hydrogenated Chemicals Co., Ltd. Class H (2502) vs. iShares MSCI Hong Kong ETF (EWH)

-20%0%20%40%60%80%100%HK:2502+27.50%EWH+7.37%Dec '25Jan '26Feb '26Mar '26Apr '26May '26Jun '26Jul '26Aug '26Sep '26Oct '26
Market Cap
HKD 487.38M
Dividend Yield
―
Average Volume (3M)
100.36K
Price to Earnings (P/E)
18.3
Beta (1Y)
0.32
Revenue Growth
-4.75%
EPS Growth
―
Country
Hong Kong
Employees
392
Sector
Basic Materials
Sector Strength
61
Industry
Chemicals - Specialty

Henan Jinyuan Hydrogenated Chemicals Co., Ltd. Class H Business Overview & Revenue Model

Company Description

Henan Jinyuan Hydrogenated Chemicals Co., Ltd., based in Jiyuan, China, and established in 2012, primarily focuses on the manufacturing, processing, distribution, and sale of both hydrogenated benzene-derived chemicals and various energy commodities...

How the Company Makes Money

null

Henan Jinyuan Hydrogenated Chemicals Co., Ltd. Class H Financial Statement Overview

Summary

Financial performance is weak, with revenue declining after a 2022 peak, net margins sliding from about 6% to losses in 2024–2025, gross margin compressing to roughly 1.2%, and operating/free cash flows becoming volatile despite only moderate leverage and an earlier expansion of the equity base.

Income Statement

32Negative

Balance Sheet

65Positive

Cash Flow

48Neutral
Financial statement breakdown
BreakdownTTMDec 2025Dec 2024Dec 2023Dec 2022Dec 2021
Income Statement
Total Revenue2.68B2.60B3.10B2.33B2.30B1.48B
Gross Profit121.00M30.88M71.64M148.80M285.51M142.80M
EBITDA162.05M64.12M80.46M163.47M297.50M170.98M
Net Income22.59M-33.39M-16.04M54.92M138.23M72.47M
Balance Sheet
Total Assets1.52B1.52B1.68B1.66B1.08B971.94M
Cash, Cash Equivalents and Short-Term Investments347.69M357.55M352.62M300.71M92.47M50.08M
Total Debt280.58M290.06M338.27M262.97M165.30M51.17M
Total Liabilities428.33M446.60M584.85M535.95M355.88M418.55M
Stockholders Equity987.41M951.54M985.37M1.02B573.79M457.93M
Cash Flow
Free Cash Flow66.68M72.66M13.82M-43.95M199.74M44.27M
Operating Cash Flow107.99M114.76M96.86M104.46M318.82M94.88M
Investing Cash Flow-29.78M-41.12M-268.86M-71.06M-150.12M-58.70M
Financing Cash Flow-90.29M-68.09M2.49M204.95M-139.06M-44.28M

Henan Jinyuan Hydrogenated Chemicals Co., Ltd. Class H Technical Analysis

Technical Analysis SentimentNegative
Last Price0.51

Price Trends

50DMA0.57Negative
100DMA0.58Negative
200DMA0.55Negative

Market Momentum

MACD-0.02Negative
RSI42.37Neutral
STOCH87.88Negative

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For HK:2502, the sentiment is Negative. The current price of 0.51 is below the 20-day moving average (MA) of 0.52, below the 50-day MA of 0.57, and below the 200-day MA of 0.55, indicating a bearish trend. The MACD of -0.02 indicates Negative momentum. The RSI at 42.37 is Neutral, neither overbought nor oversold. The STOCH value of 87.88 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for HK:2502.

Henan Jinyuan Hydrogenated Chemicals Co., Ltd. Class H Peers Comparison

Overall Rating

UnderperformOutperform
Sector (61)

Financial Indicators

HK:2502 against its peers
NameOverall RatingMarket CapP/E RatioROEDividend YieldRevenue GrowthEPS Growth
HK:0408HK:040862NeutralHKD 1.46B6.825.15%7.72%6.66%65.39%
Sector *61Neutral$10.43B7.12-0.05%2.87%2.86%-36.73%
HK:0336HK:033661NeutralHKD 9.95B-20.45-3.56%0.39%13.49%-34.73%
HK:0546HK:054652NeutralHKD 9.98B0.245.20%4.10%1.18%-65.68%
HK:3318HK:331850NeutralHKD 3.12B-2.50-51.09%―11.19%-3035.78%
HK:2502HK:250246NeutralHKD 852.91M18.342.33%―-4.75%―
HK:0301HK:030143NeutralHKD 3.58B-191.93-8.09%―3.15%50.74%

* Basic Materials Sector Average

Performance Comparison

0%200%400%HK:2502HK:0336HK:0408HK:3318HK:0546HK:0301Dec '25Jan '26Feb '26Mar '26Apr '26May '26Jun '26Jul '26Aug '26Sep '26Oct '26
HK:2502 and its peers over the selected period
Show on chartTickerCompany NamePriceChange% Change
HK:2502Henan Jinyuan Hydrogenated Chemicals Co., Ltd. Class H0.510.1334.21%
HK:0336Huabao International Holdings 3.09-0.48-13.52%
HK:0408Yip's Chemical Holdings 2.590.7137.84%
HK:3318China Boton Group Co., Ltd.2.881.1364.86%
HK:0546Fufeng Group Limited3.98-4.11-50.82%
HK:0301SANVO Fine Chemicals Group Limited7.606.35508.00%

Henan Jinyuan Hydrogenated Chemicals Co., Ltd. Class H Corporate Events

Henan Jinyuan Hydrogenated Chemicals Updates Hong Kong Principal Office Location

Sep 30, 2026

Henan Jinyuan Hydrogenated Chemicals Co., Ltd., a PRC-based joint stock company listed in Hong Kong under stock code 2502, operates in the hydrogenated chemicals segment of the broader chemical industry. Its listing in Hong Kong positions the company...

Henan Jinyuan Hydrogenated Chemicals Swings Back to Profit on Stronger Margins

Aug 26, 2026

Henan Jinyuan Hydrogenated Chemicals Co., Ltd. reported interim unaudited revenue of RMB1.54 billion for the six months ended 30 June 2026, up from RMB1.44 billion a year earlier, with gross profit rising sharply to RMB112.8 million. Profit attributa...

Henan Jinyuan Signals Profit Turnaround on Strong Margins

Aug 19, 2026

Henan Jinyuan Hydrogenated Chemicals Co., Ltd. has issued a positive profit alert, indicating it expects to post an unaudited profit of about RMB41.6 million for the six months ended 30 June 2026, compared with a loss of roughly RMB9.3 million a year...

Henan Jinyuan Sets Board Meeting to Review Interim Results and Consider Dividend

Aug 14, 2026

Henan Jinyuan Hydrogenated Chemicals Co., Ltd. has scheduled a board meeting for 26 August 2026 to review and approve the unaudited interim financial results for the six months ended 30 June 2026 for the company and its subsidiaries. The board also i...

Henan Jinyuan Wins Unanimous Backing for Board and Supervisor Reappointments

Jul 24, 2026

Henan Jinyuan Hydrogenated Chemicals Co., Ltd. secured overwhelming shareholder support at its 24 July extraordinary general meeting, with all votes cast in favour of reappointing eight directors, including executive, non-executive and independent no...

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 09, 2026