Pizu Group Holdings Limited (9893) AI Stock Analysis

Pizu Group Holdings Limited

(HKEX:9893)

Select Model

Rating:57Neutral

Price Target:HKD 1.50▲(0.00% Upside)

Action:reiterated

Date:10/18/26

Solid profitability is the primary strength, but elevated leverage and inconsistent free cash flow weigh on fundamentals. Weak technical momentum further limits the score, while valuation is only moderately supportive.

Positive Factors

Strong ProfitabilityHigh gross, operating, and EBITDA margins indicate meaningful earnings power and operational efficiency. The improvement in net margin suggests profitability has strengthened, giving the company greater capacity to reinvest, absorb cost pressure, and support shareholder returns over the coming quarters.

Negative Factors

Declining RevenueRevenue contraction and prior volatility indicate that demand or pricing is not consistently expanding. Even with strong margins, an unstable top line can limit operating leverage, make earnings growth less predictable, and increase the company’s exposure to cyclical business conditions over the next several quarters.

Pizu Group Holdings Limited (9893) vs. iShares MSCI Hong Kong ETF (EWH)

Market Cap: HKD 5.02B
Dividend Yield: 1.87%
Average Volume (3M): 623.81K
Price to Earnings (P/E): 22.5
Beta (1Y): 0.85
Revenue Growth: -7.69%
EPS Growth: 24.90%
Country: Hong Kong
Employees: 1,351
Sector: Basic Materials
Sector Strength: 61
Industry: Chemicals - Specialty

Pizu Group Holdings Limited Business Overview & Revenue Model

Company Description

Pizu Group Holdings Limited operates as an investment holding company primarily focused on the manufacture, trade, and distribution of civil explosives within the People's Republic of China and Tajikistan. Its operations are divided into two main div...

Pizu Group Holdings Limited Financial Statement Overview

Summary

Profitability and returns on equity are solid, but high leverage and volatile, recently negative free cash flow materially reduce financial strength.

Income Statement

72Positive

Balance Sheet

65Positive

Cash Flow

48Neutral

Financial statement breakdown
Breakdown	TTM	Mar 2025	Mar 2024	Mar 2023	Mar 2022	Mar 2021
Income Statement
Total Revenue	1.51B	1.48B	1.70B	1.37B	1.49B	1.64B
Gross Profit	616.08M	616.44M	718.83M	571.44M	437.00M	473.24M
EBITDA	473.39M	467.84M	576.76M	465.68M	383.64M	411.29M
Net Income	201.92M	197.69M	164.12M	131.03M	88.02M	114.98M
Balance Sheet
Total Assets	5.93B	5.93B	4.60B	3.93B	4.17B	3.29B
Cash, Cash Equivalents and Short-Term Investments	658.70M	750.07M	639.89M	311.07M	586.63M	623.40M
Total Debt	1.43B	1.43B	899.75M	820.44M	868.15M	1.02B
Total Liabilities	3.52B	3.52B	2.43B	2.23B	2.52B	1.86B
Stockholders Equity	1.23B	1.23B	1.05B	848.79M	779.13M	709.98M
Cash Flow
Free Cash Flow	-168.43M	-158.86M	121.03M	-69.74M	176.49M	247.26M
Operating Cash Flow	569.18M	596.20M	514.01M	220.67M	431.68M	429.10M
Investing Cash Flow	-810.17M	-838.42M	-386.56M	-244.04M	-187.09M	-231.42M
Financing Cash Flow	349.74M	354.91M	277.71M	-338.66M	-284.65M	195.13M

Pizu Group Holdings Limited Technical Analysis

Technical Analysis SentimentNegative

Last Price1.50

Price Trends

50DMA1.48Negative

100DMA1.60Negative

200DMA1.60Negative

Market Momentum

MACD-0.02Negative

RSI44.76Neutral

STOCH21.42Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For HK:9893, the sentiment is Negative. The current price of 1.50 is above the 20-day moving average (MA) of 1.40, above the 50-day MA of 1.48, and below the 200-day MA of 1.60, indicating a neutral trend. The MACD of -0.02 indicates Negative momentum. The RSI at 44.76 is Neutral, neither overbought nor oversold. The STOCH value of 21.42 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for HK:9893.

Pizu Group Holdings Limited Peers Comparison

Overall Rating

UnderperformOutperform

Sector (61)

Financial Indicators

HK:9893 against its peers
Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
HK:0408	62Neutral	HKD 1.46B	6.80	5.15%	7.74%	6.66%	65.39%
Sector *	61Neutral	$10.43B	7.12	-0.05%	2.87%	2.86%	-36.73%
HK:0336	61Neutral	HKD 9.95B	-20.85	-3.56%	0.39%	13.49%	-34.73%
HK:9893	57Neutral	HKD 4.92B	22.46	17.14%	1.87%	-7.69%	24.90%
HK:0546	52Neutral	HKD 9.98B	0.24	5.20%	4.10%	1.18%	-65.68%
HK:2502	51Neutral	HKD 852.91M	18.35	2.33%	―	-4.75%	―
HK:0301	43Neutral	HKD 3.58B	-192.66	-8.09%	―	3.15%	50.74%

* Basic Materials Sector Average

Performance Comparison

HK:9893 and its peers over the selected period
Ticker	Company Name	Price	Change	% Change
HK:9893	Pizu Group Holdings Limited	1.50	0.57	62.32%
HK:0336	Huabao International Holdings	3.15	-0.35	-9.87%
HK:0408	Yip's Chemical Holdings	2.58	0.74	40.34%
HK:0546	Fufeng Group Limited	3.96	-3.97	-50.04%
HK:0301	SANVO Fine Chemicals Group Limited	7.63	6.32	482.44%
HK:2502	Henan Jinyuan Hydrogenated Chemicals Co., Ltd. Class H	0.51	0.11	27.50%

Pizu Group Holdings Limited Corporate Events

Pizu Group Wins Unanimous Backing at AGM, Approves Dividend and Capital Mandates

Sep 18, 2026

Pizu Group Holdings Limited reported that all resolutions at its 18 September 2026 annual general meeting were approved by shareholders by way of poll, with unanimous support recorded across the agenda. Investors backed the audited financial statemen...

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 18, 2026

Pizu Group Holdings Limited AI Stock Analysis