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Laopu Gold Co. Ltd. Class H (6181) AI Stock Analysis
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Laopu Gold Co. Ltd. Class H
(HKEX:6181)
The score is held back primarily by very weak cash flow (deeply negative operating and free cash flow) and rising leverage despite strong reported profitability. Valuation helps materially (low P/E and high dividend yield), but technicals remain broadly bearish with the price still below key longer-term moving averages and a negative MACD.
Laopu Gold Co. Ltd. Class H (6181) vs. iShares MSCI Hong Kong ETF (EWH)
- Market Cap
- HKD 48.43B
- Dividend Yield
- 11.33%
- Average Volume (3M)
- 1.12M
- Price to Earnings (P/E)
- 6.0
- Beta (1Y)
- 0.96
- Revenue Growth
- 108.51%
- EPS Growth
- 118.83%
- Country
- Hong Kong
- Employees
- 2,190
- Sector
- General
- Sector Strength
- 55
- Industry
- Luxury Goods
Laopu Gold Co. Ltd. Class H Business Overview & Revenue Model
Company Description
Laopu Gold Co., Ltd. engages in the design, manufacture, and sale of heritage gold jewelry. Its products include pure gold jewelry, gem-set jewelry with diamonds or other gemstones inlaid in pure gold, and others. The company was founded by Gao Ming...
Laopu Gold Co. Ltd. Class H Financial Statement Overview
Summary
Strong income statement (rapid revenue growth and solid EBIT/net margins) is offset by a major cash conversion issue: operating cash flow and free cash flow were deeply negative in 2025, implying profits are not translating into cash. Balance sheet remains reasonable but leverage increased, reducing financial flexibility if negative cash flow persists.
Income Statement
86Very PositiveBalance Sheet
74PositiveCash Flow
28Negative| Breakdown | TTM | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 34.23B | 26.60B | 8.51B | 3.18B | 1.29B | 1.26B |
| Gross Profit | 13.54B | 10.01B | 3.50B | 1.33B | 630.44M | 627.92M |
| EBITDA | 9.48B | 6.70B | 2.14B | 691.31M | 222.69M | 221.78M |
| Net Income | 6.77B | 4.74B | 1.47B | 416.30M | 94.53M | 113.88M |
Balance Sheet | ||||||
| Total Assets | 23.72B | 21.26B | 6.34B | 2.16B | 1.45B | 1.43B |
| Cash, Cash Equivalents and Short-Term Investments | 2.76B | 1.92B | 732.65M | 69.84M | 60.28M | 30.81M |
| Total Debt | 7.10B | 6.67B | 1.69B | 394.57M | 334.93M | 311.45M |
| Total Liabilities | 10.50B | 10.16B | 2.42B | 643.13M | 473.40M | 487.66M |
| Stockholders Equity | 13.22B | 11.10B | 3.92B | 1.52B | 869.57M | 770.31M |
Cash Flow | ||||||
| Free Cash Flow | -2.91B | -6.99B | -1.30B | -88.74M | 125.57M | 78.85M |
| Operating Cash Flow | -2.75B | -6.85B | -1.23B | -29.20M | 165.81M | 116.44M |
| Investing Cash Flow | -158.37M | -145.13M | -70.92M | -59.22M | -34.58M | -30.95M |
| Financing Cash Flow | 3.09B | 8.21B | 1.96B | 98.97M | -79.27M | -55.68M |
Laopu Gold Co. Ltd. Class H Technical Analysis
Price Trends
Market Momentum
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For HK:6181, the sentiment is Negative. The current price of 274.00 is below the 20-day moving average (MA) of 304.05, below the 50-day MA of 347.25, and below the 200-day MA of 497.76, indicating a bearish trend. The MACD of -19.56 indicates Positive momentum. The RSI at 30.73 is Neutral, neither overbought nor oversold. The STOCH value of 22.40 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for HK:6181.
Laopu Gold Co. Ltd. Class H Peers Comparison
Overall Rating
HK:011680Outperform
HK:059064Neutral- HK:618163Neutral
HK:616860Neutral
HK:192959Neutral
Financial Indicators
| Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
| HK:0116 | 80Outperform | HKD 8.28B | 2.85 | 19.31% | 8.69% | 16.22% | 151.59% |
| HK:0590 | 64Neutral | HKD 11.84B | 5.79 | 14.28% | 7.79% | 28.96% | 86.00% |
| HK:6181 | 63Neutral | HKD 48.43B | 6.03 | 55.63% | 11.33% | 108.51% | 118.83% |
| HK:6168 | 60Neutral | HKD 4.53B | 5.26 | 17.29% | 10.01% | ― | ― |
| HK:1929 | 59Neutral | HKD 108.63B | 11.97 | 33.61% | 6.09% | 5.29% | 53.87% |
| Sector * | 55Neutral | $6.65B | 3.83 | -15.92% | 6.20% | 10.91% | 7.18% |
* General Sector Average
Performance Comparison
| Show on chart | Ticker | Company Name | Price | Change | % Change |
|---|---|---|---|---|---|
| HK:6181 | Laopu Gold Co. Ltd. Class H | 274.00 | -336.93 | -55.15% | |
| HK:0116 | Chow Sang Sang Holdings International | 12.32 | 0.22 | 1.79% | |
| HK:1929 | Chow Tai Fook Jewellery Group | 11.01 | -2.15 | -16.35% | |
| HK:0590 | Luk Fook Holdings (International) | 20.16 | -1.60 | -7.35% | |
| HK:2585 | Mokingran Jewellery Group Co Ltd Class H | 40.50 | 26.08 | 180.84% | |
| HK:6168 | Zhou Liu Fu Jewellery Co., Ltd. Class H | 10.29 | -30.92 | -75.03% |
Laopu Gold Co. Ltd. Class H Corporate Events
Laopu Gold Announces Interim Cash Dividend for 2026 Half-Year
Laopu Gold Co., Ltd. has declared an interim ordinary cash dividend of RMB 18.02 per share for the six months ended 30 June 2026, for the financial year ending 31 December 2026. The dividend will be paid in Hong Kong dollars, with the exact HKD amoun...
Laopu Gold Posts Near-Doubling of Interim Profit on Robust Revenue Growth
Laopu Gold Co., Ltd. reported a sharp improvement in unaudited interim results for the six months ended June 30, 2026, underscoring strong operating momentum. Revenue climbed 60.3% year-on-year to RMB19.81 billion, while gross profit surged 73.7% to...
Laopu Gold Schedules Board Meeting to Review 2026 Interim Results and Dividend
Laopu Gold Co., Ltd. has scheduled a board meeting for August 25, 2026 to review and approve the unaudited interim results for the six months ended June 30, 2026 for the company and its subsidiaries. The board will also consider the declaration of an...
Laopu Gold Schedules 2026 Interim Results Briefing in Beijing
Laopu Gold Co., Ltd., a PRC-incorporated gold company listed in Hong Kong, has announced arrangements to brief investors on its interim performance for 2026 and outline current business operations. The move underscores the company’s effort to e...
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 11, 2026