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Xinming China Holdings Limited (2699) AI Stock Analysis
Xinming China Holdings Limited
(HKEX:2699)
Weak financial performance with negative equity and persistent losses is the dominant factor pulling the score down. Mildly positive technical indicators offer limited support, while unattractive valuation metrics add further pressure.
Xinming China Holdings Limited (2699) vs. iShares MSCI Hong Kong ETF (EWH)
- Market Cap
- HKD 17.96M
- Dividend Yield
- ―
- Average Volume (3M)
- 1.59M
- Price to Earnings (P/E)
- -0.1
- Beta (1Y)
- 0.40
- Revenue Growth
- 212.45%
- EPS Growth
- 75.88%
- Country
- Hong Kong
- Employees
- 35
- Sector
- Real Estate
- Sector Strength
- 65
- Industry
- Real Estate - Development
Xinming China Holdings Limited Business Overview & Revenue Model
Company Description
Xinming China Holdings Limited, an investment holding firm, operates primarily as an integrated developer of both residential and commercial real estate within the People's Republic of China. Its business activities are structured across three divisi...
Xinming China Holdings Limited Financial Statement Overview
Summary
Persistent net losses, negative equity of -$3.4 billion, high debt, and volatile cash flows indicate severe financial distress and elevated insolvency risk.
Income Statement
15Very NegativeBalance Sheet
10Very NegativeCash Flow
20Very Negative| Breakdown | TTM | Dec 2025 | Dec 2024 | Jun 2024 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 131.67M | 109.46M | 86.84M | 422.58M | 35.20M | 101.83M |
| Gross Profit | 63.13M | 66.70M | 7.92M | -73.07M | 20.01M | 57.00M |
| EBITDA | 3.67M | 67.42M | -110.35M | -113.48M | -648.17M | -11.88M |
| Net Income | -190.57M | -219.03M | -542.52M | -526.12M | -2.25B | -863.93M |
Balance Sheet | ||||||
| Total Assets | 2.12B | 2.20B | 2.14B | 2.22B | 2.63B | 5.22B |
| Cash, Cash Equivalents and Short-Term Investments | 34.80M | 7.38M | 41.65M | 36.29M | 56.37M | 20.22M |
| Total Debt | 1.48B | 1.49B | 1.49B | 1.55B | 1.59B | 1.85B |
| Total Liabilities | 5.95B | 5.91B | 5.69B | 5.18B | 5.06B | 5.20B |
| Stockholders Equity | -3.50B | -3.39B | -3.24B | -2.76B | -2.23B | 20.52M |
Cash Flow | ||||||
| Free Cash Flow | -47.50M | -74.84M | 66.08M | -84.27M | -1.68M | 166.86M |
| Operating Cash Flow | -47.50M | -74.84M | 66.08M | -84.27M | -1.68M | 166.88M |
| Investing Cash Flow | -71.02K | -2,922 | 6,000 | 178.00K | 53.00K | -248.00K |
| Financing Cash Flow | 80.77M | 80.01M | -66.76M | 77.99M | -11.16M | -151.66M |
Xinming China Holdings Limited Technical Analysis
Price Trends
Market Momentum
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For HK:2699, the sentiment is Negative. The current price of 5.01 is below the 20-day moving average (MA) of 5.27, below the 50-day MA of 5.47, and above the 200-day MA of 4.98, indicating a neutral trend. The MACD of -0.15 indicates Positive momentum. The RSI at 43.96 is Neutral, neither overbought nor oversold. The STOCH value of 25.42 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for HK:2699.
Xinming China Holdings Limited Peers Comparison
Overall Rating
HK:112446Neutral- HK:269946Neutral
HK:260842Neutral
HK:186240Underperform
HK:075538Underperform
Financial Indicators
| Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
| Sector * | 65Neutral | $2.17B | 12.19 | 3.79% | 4.94% | 3.15% | 1.96% |
| HK:1124 | 46Neutral | HKD 45.61M | -0.09 | -77.03% | ― | -13.32% | -25.42% |
| HK:2699 | 46Neutral | HKD 131.90M | -0.14 | 5.53% | ― | 212.45% | 75.88% |
| HK:2608 | 42Neutral | HKD 25.51M | -0.01 | 35.43% | ― | -60.47% | 26.66% |
| HK:1862 | 40Underperform | HKD 24.62M | -0.01 | 221.31% | ― | ― | ― |
| HK:0755 | 38Underperform | HKD 36.42M | -0.72 | -13.13% | ― | 21.98% | 84.38% |
* Real Estate Sector Average
Performance Comparison
| Show on chart | Ticker | Company Name | Price | Change | % Change |
|---|---|---|---|---|---|
| HK:2699 | Xinming China Holdings Limited | 5.01 | -0.29 | -5.41% | |
| HK:1124 | Coastal Greenland Limited | 0.11 | -0.21 | -65.08% | |
| HK:1107 | Modern Land (China) Co., Ltd. | 0.01 | -0.01 | -38.10% | |
| HK:0755 | Shanghai Zendai Property Ltd. | 0.20 | -0.17 | -44.86% | |
| HK:1862 | Jingrui Holdings Ltd. | 0.02 | 0.00 | 33.33% | |
| HK:2608 | Sunshine 100 China Holdings Ltd. | 0.01 | 0.00 | 0.00% |
Xinming China Holdings Limited Corporate Events
Xinming China Flags Governance Non-Compliance After Director Resignation
Xinming China Holdings Limited has disclosed a governance gap following the resignation of an independent non-executive director, which left the board with only two independent non-executive directors, below the minimum required under Hong Kong Listi...
Xinming China Reshapes Board After Chairman and Independent Director Exit
Xinming China Holdings Limited announced that chairman, executive director and chief executive officer Mr. Chen Chengshou, along with independent non-executive director Ms. Huang Chunlian, have resigned from the board and its key committees with effe...
Xinming China Clarifies Board Roles and Committee Structure
Xinming China Holdings Limited has announced an updated list of its directors and their respective roles, confirming Mr. Shi Jianwen as executive director, Ms. Zhang Yu as non-executive director, and Ms. Chan Wai Yan and Ms. Lee Yin Man as independen...
Xinming China Moves to Ease Liquidity Strain After Auditor’s Going-Concern Warning
Xinming China Holdings Limited has issued an update on the disclaimer of opinion in its 2025 annual report, where its auditor Global Link CPA Limited flagged material uncertainties related to the group’s ability to continue as a going concern....
Xinming China Revenue Surges but Losses Persist in First-Half 2026
Xinming China Holdings reported unaudited interim results for the six months ended 30 June 2026, with group revenue rising 66.8% year-on-year to RMB55.3 million but gross profit falling 74.4% to RMB1.2 million, indicating materially compressed margin...
Xinming China Sets August Board Meeting to Review Interim Results and Dividend
Xinming China Holdings Limited, incorporated in the Cayman Islands and listed in Hong Kong under stock code 2699, is governed by a board that includes both executive and independent non-executive directors. This mix of leadership suggests adherence t...
Xinming China Completes HK$106 Million Rights Issue and Placing
Xinming China Holdings Limited has completed a rights issue on the basis of six rights shares for every one consolidated share at a subscription price of HK$4.70, following a prospectus dated 15 June 2026. Valid shareholder applications covered about...
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: Sep 06, 2026