Chiho Environmental Group Limited - 0976.HK

0976.HK Returns vs S&P 500 ⓘ

ticker	1 day return %	1 week return %	1 month return %	3 months return %	6 months return %	1 year return %	3 years return %	5 years return %	10 years return %	maximum return %
0976.HK	-1.1	-5.3	-10	8.4	-9.1	0	-48.3	-11.8	-84.8	-81.2
S&P 500	0.9	0.9	2.0	3.4	8.7	24.7	37.2	82.1	193.2	34153.9

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Returns Charts ⓘ

Interactive Price Chart

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Real-time Full Quote

Attribute	Value
symbol	0976.HK
name	Chiho Environmental Group Limited
price	0.45
changes percentage	-1.0989
change	-0.005
day low	0.45
day high	0.455
year high	0.86
year low	0.38
market cap	722317500
price avg 50	0.5089
price avg 200	0.5051
exchange	HKSE
volume	598000
avg volume	1187694
open	0.45
previous close	0.455
eps	-0.01
pe	-45
earnings announcement	2025-03-26T12:00:00.000+0000
shares outstanding	1605150000
timestamp	2025-01-22 06:59:21

Financial Statements ⓘ

We derive the score of a company's financial statements by evaluating the weighted average sentiment across key within the statements. The cumulative score, normalized to a sum of 1, serves as a metric for assessing the company's performance during the specified period. A higher score indicates stronger performance. However, it's crucial to note that while this score provides valuable insights, it is just one of many factors to consider when making informed investment decisions. A holistic evaluation, considering various aspects of the company's financial health and market conditions, is essential for a well-rounded investment strategy.

Overall Annual Financial Health: 38.0%

Overall Quarterly Financial Health: 30.3%

Income Statements ⓘ

• Annual Income Statement

Note: The years below are fiscal years in accounting.

	2023	2022	Y/Y change %
0000000000
revenue	16479700000	19574300000	-15.81
gross profit	1038000000	1207700000	-14.05
gross profit ratio	0.06	0.06	2.09
research and development expenses	0	0	NaN
operating expenses	1038000000	962400000	7.86
interest income	4900000	8300000	-40.96
interest expense	186600000	195000000	-4.31
ebitda	567200000	822700000	-31.06
ebitdaratio	0.03	0.04	-14.80
operating income	111500000	427400000	-73.91
operating income ratio	0.01	0.02	-69.01
net income	-9300000	264500000	-103.52
net income ratio	-0.0	0.01	-104.18
eps	-0.01	0.16	-103.62

Overall Score of Annual Income Statement

0.14 out of 1

Detailed Analysis

• 📉 Negative Indicators

  Revenue Growth: revenue decreased to 16,480 million in 2023 from 19,574 million in 2022 representing a change of -15.81%. This indicates a sales shrinking, which is a negative sign for the company.

  Gross Profit: Gross Profit decreased to 1,038 million in 2023 from 1,208 million in 2022 representing a change of -14.05%. This indicates a sales profitability decline, which is a negative sign for the company.

  EBITDA: EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization) decreased to 567 million in 2023 from 823 million in 2022 representing a change of -31.06%. The decrease in EBITDA indicates declined operational efficiency and profitability.

  Operating Income: Operating income decreased to 112 million in 2023 from 427 million in 2022 representing a change of -73.91%. The decrease in operating income indicates worse operational performance and decreased profitability.

  Net Income: Net income decreased to -9 million in 2023 from 264 million in 2022 representing a change of -103.52%. The decrease in net income shows worsen profitability and indicates that the company is generating less profit for each dollar of revenue.

  Earnings per Share (EPS): EPS increased to -0.01 in 2023 from -0.01 in 2022 representing a change of -103.62%. This indicates that the company's earnings are decreasing and it is becoming less profitable on a per-share basis.

• 📈 Positive Indicators

  Operating Expenses: Operating Expenses decreased to 1,038 million in 2023 from 962 million in 2022 representing a change of 7.86%. The decrease in operating expenses can be attributed to various factors such as improved profitability, cost optimization and financial stability, lower operating expenses can be positive indicators.

• Quarterly Income Statement

Note: The years below are fiscal years in accounting.

	2024Q2	2023Q4	Q/Q change %
0000000000
revenue	8852800000	7658000000	15.60
gross profit	537500002	476700000	12.75
gross profit ratio	0.06	0.06	-2.46
research and development expenses	0	0	NaN
operating expenses	479400000	470600000	1.87
interest income	4200000	44200000	-90.50
interest expense	190600000	0	NaN
ebitda	238700000	230600000	3.51
ebitdaratio	0.03	0.03	-1.11
operating income	58100002	6100000	852.46
operating income ratio	0.01	0.0	723.91
net income	50500000	-62500000	180.80
net income ratio	0.01	-0.01	169.89
eps	0.03	-0.04	177.12

Overall Score of Quarterly Income Statement

0.71 out of 1

Detailed Analysis

• 📈 Positive Indicators

  Revenue Growth: revenue increased to 8,853 million in 2024Q2 from 7,658 million in 2023Q4 representing a change of 15.6%. This indicates a sales growth, which is a positive sign for the company.

  Gross Profit: Gross Profit increased to 538 million in 2024Q2 from 477 million in 2023Q4 representing a change of 12.75%. This indicates a sales profitability growth, which is a positive sign for the company.

  EBITDA: EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization) increased to 239 million in 2024Q2 from 231 million in 2023Q4 representing a change of 3.51%. The increase in EBITDA indicates improved operational efficiency and profitability.

  Net Income: Net income increased to 50 million in 2024Q2 from -62 million in 2023Q4 representing a change of 180.8%. The increase in net income shows improved profitability and indicates that the company is generating more profit for each dollar of revenue.

  Earnings per Share (EPS): EPS increased to 0.03 in 2024Q2 from 0.03 in 2023Q4 representing a change of 177.12%. This indicates that the company's earnings are increasing and it is becoming more profitable on a per-share basis.

• 📉 Negative Indicators

  Operating Expenses: Operating Expenses increased to 479 million in 2024Q2 from 471 million in 2023Q4 representing a change of 1.87%. The increase in operating expenses can be attributed to various factors such as marketing, administrative costs, and investments in infrastructure. It's important to monitor if these expenses are growing at a sustainable rate compared to revenue.

  Operating Income: Operating income decreased to 58 million in 2024Q2 from 6 million in 2023Q4 representing a change of 852.46%. The decrease in operating income indicates worse operational performance and decreased profitability.

Balance Sheets ⓘ

• Annual Balance Sheet

Note: The years below are fiscal years in accounting.

	2023	2022	Y/Y change %
0000000000
total assets	8720400000	8573000000	1.72
total liabilities	3845900000	3792300000	1.41
total equity	4874500000	4780700000	1.96
cash and cash equivalents	366500000	713700000	-48.65
short term investments	0	-65100000	100.00
long term investments	826700000	861400000	-4.03
total current assets	4112900000	4052400000	1.49
total non current assets	4607500000	4520600000	1.92
total current liabilities	3086000000	3098000000	-0.39
total non current liabilities	759900000	694300000	9.45
common stock	16100000	16100000	0.00
retained earnings	-1591100000	-1581800000	-0.59
total debt	1264900000	1454100000	-13.01

Overall Score of Annual Balance Sheet

0.67 out of 1

Detailed Analysis

• 📈 Positive Indicators

  Total Assets: Total Assets increased to 8,720 million in 2023 from 8,573 million in 2022 representing a change of 1.72%. Suggesting a growth in asset holdings.

  Total Equity: Total Equity increased to 4,874 million in 2023 from 4,781 million in 2022 representing a change of 1.96%. This indicates an increase in shareholders' equity.

  Short Term Investments: Short Term Investments increased to 0 million in 2023 from -65 million in 2022 representing a change of 100.0%. This indicates an increase in short-term investment holdings.

  Total Current Assets: Total Current Assets increased to 4,113 million in 2023 from 4,052 million in 2022 representing a change of 1.49%. This indicates a better liquidity position.

  Total Current Liabilities: Total Current Liabilities decreased to 3,086 million in 2023 from 3,098 million in 2022 representing a change of -0.39%. This indicates a lower short-term debt burden.

  Total Debt: Total Debt decreased to 1,265 million in 2023 from 1,454 million in 2022 representing a change of -13.01%. This indicates a reduction in overall debt burden.

• 📉 Negative Indicators

  Total Liabilities: Total Liabilities increased to 3,846 million in 2023 from 3,792 million in 2022 representing a change of 1.41%. This indicates an increase in overall liabilities.

  Cash And Cash Equivalents: Cash And Cash Equivalents decreased to 366 million in 2023 from 714 million in 2022 representing a change of -48.65%. This indicates a decrease in available liquid assets.

  Retained Earnings: Retained Earnings decreased to -1,591 million in 2023 from -1,582 million in 2022 representing a change of -0.59%. This indicates an accumulated losses.

• Quarterly Balance Sheet

Note: The years below are fiscal years in accounting.

	2024Q2	2024Q1	Q/Q change %
0000000000
total assets	8918800000	8918800000	0.00
total liabilities	4126400001	4126400001	0.00
total equity	4792399999	4792399999	0.00
cash and cash equivalents	189200000	189200000	0.00
short term investments	155700000	155700000	0.00
long term investments	849900000	849900000	0.00
total current assets	4363400000	4363400000	0.00
total non current assets	4555400000	4555400000	0.00
total current liabilities	3249100000	3249100000	0.00
total non current liabilities	877300001	877300001	0.00
common stock	16100000	16100000	0.00
retained earnings	-1326400000	-1326400000	0.00
total debt	1401000000	1010400000	38.66

Overall Score of Quarterly Balance Sheet

0.0 out of 1

Detailed Analysis

• 📉 Negative Indicators

  Total Debt: Total Debt increased to 1,401 million in 2024Q2 from 1,010 million in 2024Q1 representing a change of 38.66%. This indicates an increase in overall debt burden.

Cashflow Statements ⓘ

• Annual Cashflow Statement

Note: The years below are fiscal years in accounting.

	2023	2022	Y/Y change %
0000000000
net change in cash	-347200000	-68600000	-406.12
operating cash flow	-47500000	396900000	-111.97
free cash flow	-259800000	96500000	-369.22
capital expenditure	-212300000	-300400000	29.33
depreciation and amortization	390200000	363300000	7.40
deferred income tax	0	0	NaN
stock based compensation	0	0	NaN
accounts payables	232200000	-297200000	178.13
inventory	-350300000	51500000	-780.19
acquisitions net	2800000	334900000	-99.16
investments in property plant and equipment	-211500000	-300400000	29.59
net cash used for investing activites	59900000	196300000	-69.49
debt repayment	-228300000	-638100000	64.22
common stock issued	0	0	NaN
common stock repurchased	0	0	NaN
dividends paid	0	0	NaN
net cash used provided by financing activities	-330100000	-632400000	47.80
cash at end of period	366500000	713700000	-48.65
accounts receivables	-115100000	445200000	-125.85
cash at beginning of period	713700000	782300000	-8.77

Overall Score of Annual Cashflow Statement

0.33 out of 1

Detailed Analysis

• 📉 Negative Indicators

  Net Change in Cash: Net Change in Cash decreased to -347 million in 2023 from -69 million in 2022 representing a change of -406.12%. Indicating a declined ability to generate cash from the company's operations or its cash flow position.

  Operating Cash Flow: Operating Cash Flow decreased to -48 million in 2023 from 397 million in 2022 representing a change of -111.97%. This indicates that the company generated less cash from its core business operations.

  Free Cash Flow: Free Cash Flow decreased to -260 million in 2023 from 96 million in 2022 representing a change of -369.22%. This indicates a decrease in cash generated after accounting for capital expenditures.

  Capital Expenditure: Capital Expenditure increased to -212 million in 2023 from -300 million in 2022 representing a change of 29.33%. This indicates an increase in the cash outflow required for acquiring or improving long-term assets.

• 📈 Positive Indicators

  Accounts Payables: The absolute value of Accounts Payables decreased to 232 million in 2023 from 297 million in 2022 representing a change of 178.13%. This indicates that the company has reduced its outstanding obligations to its suppliers.

  Accounts Receivables: Accounts Receivables decreased to -115 million in 2023 from 445 million in 2022 representing a change of -125.85%. This suggests that the company has been able to collect payments from its customers more efficiently and timely.

• Quarterly Cashflow Statement

Note: The years below are fiscal years in accounting.

	2024Q2	2023Q4	Q/Q change %
0000000000
operating cash flow	-179500000	112800000	-259.13
free cash flow	-259600000	53800000	-582.53
capital expenditure	-80100000	-59000000	-35.76
depreciation and amortization	179300000	201500000	-11.02
deferred income tax	0	0	NaN
stock based compensation	0	0	NaN
accounts receivables	0	-115100000	100.00
accounts payables	0	0	NaN
inventory	0	-350300000	100.00
acquisitions net	73400000	60800000	20.72
investments in property plant and equipment	-80100000	-59000000	-35.76
net cash used for investing activites	-79400000	-33200000	-139.16
debt repayment	0	0	NaN
common stock issued	0	0	NaN
common stock repurchased	0	0	NaN
dividends paid	0	0	NaN
net cash used provided by financing activities	34700000	-47300000	173.36
net change in cash	-181200000	13900000	-1403.60
cash at end of period	190300000	371500000	-48.78
cash at beginning of period	371500000	357600000	3.89

Overall Score of Quarterly Cashflow Statement

0.2 out of 1

Detailed Analysis

• 📉 Negative Indicators

  Net Change in Cash: Net Change in Cash decreased to -181 million in 2024Q2 from 14 million in 2023Q4 representing a change of -1403.6%. Indicating a declined ability to generate cash from the company's operations or its cash flow position.

  Operating Cash Flow: Operating Cash Flow decreased to -180 million in 2024Q2 from 113 million in 2023Q4 representing a change of -259.13%. This indicates that the company generated less cash from its core business operations.

  Free Cash Flow: Free Cash Flow decreased to -260 million in 2024Q2 from 54 million in 2023Q4 representing a change of -582.53%. This indicates a decrease in cash generated after accounting for capital expenditures.

  Accounts Receivables: Accounts Receivables increased to 0 in 2024Q2 from -115 million in 2023Q4 representing a change of 100.0%. This suggests that the company is less capable of collecting payments from its customers.

• 📈 Positive Indicators

  Capital Expenditure: Capital Expenditure decreased to -80 million in 2024Q2 from -59 million in 2023Q4 representing a change of -35.76%. This indicates a possible improved efficiency or a shift in the company's strategic priorities.

Earnings Transcripts ⓘ

No earnings transcripts available.

Earnings Per Share (EPS) ⓘ

Analyst Stock Recommendations ⓘ

Discover detailed analyst recommendations for stocks, including categories such as Buy, Hold, Sell, Strong Buy, and Strong Sell. These insights are based on thorough analysis of financial and market factors. The consensus is calculated by assigning a numerical score to each recommendation. These scores are then weighted and averaged over a specified period to provide a comprehensive view of the stock's outlook, with the final score determining the overall consensus.

Financial Ratios ⓘ

• Annual Financial Ratios

	2023-12-31	2022-12-31	Y/Y change %
FY
calendar year	2023	2022	NaN
revenue per share	10.27	12.19	-15.81
net income per share	-0.01	0.16	-103.52
operating cash flow per share	-0.03	0.25	-111.97
free cash flow per share	-0.16	0.06	-369.22
cash per share	0.23	0.4	-43.49
book value per share	3.04	2.98	1.96
tangible book value per share	2.54	2.49	2.16
shareholders equity per share	3.07	3.01	2.22
interest debt per share	0.9	1.03	-11.98
market cap	617983520	1027297280	-39.84
enterprise value	1516383520	1767697280	-14.22
pe ratio	-66.45	3.88	-1810.90
price to sales ratio	0.04	0.05	-28.55
pocfratio	-13.01	2.59	-602.65
pfcf ratio	-2.38	10.65	-122.34
pb ratio	0.13	0.21	-41.15
ptb ratio	0.13	0.21	-41.15
ev to sales	0.09	0.09	1.89
enterprise value over ebitda	2.67	2.15	24.42
ev to operating cash flow	-31.92	4.45	-816.78
ev to free cash flow	-5.84	18.32	-131.86
earnings yield	-0.02	0.26	-105.84
free cash flow yield	-0.42	0.09	-547.54
debt to equity	0.26	0.3	-14.90
debt to assets	0.15	0.17	-14.48
net debt to ebitda	1.58	0.9	76.00
current ratio	1.33	1.31	1.89
interest coverage	0.6	2.19	-72.74
income quality	5.11	0.98	419.89
dividend yield	0	0	NaN
payout ratio	0	0	NaN
sales general and administrative to revenue	0.06	0.05	16.15
research and ddevelopement to revenue	0	0	NaN
intangibles to total assets	0.09	0.09	-0.76
capex to operating cash flow	-4.47	0.76	-690.52
capex to revenue	0.01	0.02	-16.06
capex to depreciation	0.54	0.83	-34.20
stock based compensation to revenue	0	0	NaN
graham number	0.63	3.34	-81.04
roic	-0.01	0.04	-117.53
return on tangible assets	-0.0	0.03	-103.45
graham net net	-1.63	-1.55	-5.70
working capital	1026900000	954400000	7.60
tangible asset value	4081000000	3994600000	2.16
net current asset value	267000000	260100000	2.65
invested capital	4688200000	4561100000	2.79
average receivables	0	0	NaN
average payables	1531800000	1610050000	-4.86
average inventory	1517950000	1445750000	4.99
days sales outstanding	0	0	NaN
days payables outstanding	38.88	28.2	37.89
days of inventory on hand	40.47	26.31	53.85
receivables turnover	0	0	NaN
payables turnover	9.39	12.95	-27.48
inventory turnover	9.02	13.88	-35.00
roe	-0.0	0.05	-103.44
capex per share	0.13	0.19	-29.33

• Negative

  ROE: Return on Equity (ROE) decreased to -0.00 on 2023-12-31 from 0.05 on 2022-12-31, representing a change of -103.44%. Suggesting that the company has not been generating high returns for its shareholders.

  PE Ratio: Price-to-Earnings (P/E) Ratio decreased to -66.45 on 2023-12-31 from 3.88 on 2022-12-31, representing a change of -1810.90%. Indicating a decrease in the relative valuation of the company's stock.

• Positive

  Current Ratio: Current Ratio increased to 1.33 on 2023-12-31 from 1.31 on 2022-12-31, representing a change of 1.89%. The current ratio has been increasing, suggesting an increase in the company's short-term liquidity. Also, it's above 1, indicating the ability to cover short-term obligations.

  Debt-to-Equity Ratio: Debt-to-Equity Ratio decreased to 0.26 on 2023-12-31 from 0.30 on 2022-12-31, representing a change of -14.90%. The debt-to-equity ratio has been decreasing, indicating that the company has been relying less on debt financing. A ratio of 1 or below is often considered healthy and indicates that the company's total debt is equal to or less than its total equity.

• Quarterly Financial Ratios

	2024-06-30 Q2	2024-03-31 Q1	Q/Q change %
0976.HK
calendar year	2024	2024	NaN
revenue per share	5.26	0	NaN
net income per share	0.03	0	NaN
operating cash flow per share	-0.11	0	NaN
free cash flow per share	-0.15	0	NaN
cash per share	0.2	0	NaN
book value per share	2.85	0	NaN
tangible book value per share	2.4	0	NaN
shareholders equity per share	2.88	0	NaN
interest debt per share	0.95	0	NaN
market cap	841666666.5	0	NaN
enterprise value	2053466666.5	821200000	150.06
pe ratio	4.17	0	NaN
price to sales ratio	0.1	0	NaN
pocfratio	-4.69	0	NaN
pfcf ratio	-3.24	0	NaN
pb ratio	0.17	0	NaN
ptb ratio	0.17	0	NaN
ev to sales	0.23	0	NaN
enterprise value over ebitda	8.6	0	NaN
ev to operating cash flow	-11.44	0	NaN
ev to free cash flow	-7.91	0	NaN
earnings yield	0.06	None	NaN
free cash flow yield	-0.31	0	NaN
debt to equity	0.29	0.21	38.66
debt to assets	0.16	0.11	38.66
net debt to ebitda	5.08	0	NaN
current ratio	1.34	1.34	0.00
interest coverage	0.3	0	NaN
income quality	-3.55	0	NaN
dividend yield	0	None	NaN
payout ratio	0	0	NaN
sales general and administrative to revenue	0.05	0	NaN
research and ddevelopement to revenue	0	0	NaN
intangibles to total assets	0.09	0.09	0.00
capex to operating cash flow	-0.45	0	NaN
capex to revenue	0.01	0	NaN
capex to depreciation	0.45	0	NaN
stock based compensation to revenue	0	0	NaN
graham number	1.39	0	NaN
roic	0.0	None	NaN
return on tangible assets	0.01	None	NaN
graham net net	-0.88	0	NaN
working capital	1114300000	1114300000	0.00
tangible asset value	4032299999	4032299999	0.00
net current asset value	236999999	236999999	0.00
invested capital	4662900000	4662900000	0.00
average receivables	1981000000	990500000	100.00
average payables	1767050000	1725550000	2.41
average inventory	1629800000	1681450000	-3.07
days sales outstanding	20.14	0	NaN
days payables outstanding	18.7	0	NaN
days of inventory on hand	17.64	0	NaN
receivables turnover	4.47	None	NaN
payables turnover	4.81	None	NaN
inventory turnover	5.1	None	NaN
roe	0.01	None	NaN
capex per share	0.05	0	NaN

• Neutral

  Current Ratio: Current Ratio decreased to 1.34 on 2024-06-30 Q2 from 1.34 on 2024-03-31 Q1, representing a change of 0.00%. The current ratio has been declining, suggesting a decrease in the company's short-term liquidity. However, it is still above 1, indicating the ability to cover short-term obligations.

  Debt-to-Equity Ratio: Debt-to-Equity Ratio increased to 0.29 on 2024-06-30 Q2 from 0.21 on 2024-03-31 Q1, representing a change of 38.66%. The debt-to-equity ratio has been increasing, indicating that the company has been relying more on debt financing. Higher leverage may increase financial risk. However, a ratio of 1 or below is often considered healthy and indicates that the company's total debt is equal to or less than its total equity.

Growth Rates ⓘ

• Annual Growth

• Quarterly Growth

Intrinsic Value (Discounted Cash Flow) ⓘ

Positive Sentiment: Discounted Cash Flow value is 0.92 which is higher than current price 0.45, indicates the company may be undervalued.