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220:HKEXFutureChem Co.,Ltd Analysis

Data as of 2026-03-16 - not real-time

HK$3.38

Latest Price

8/10Risk

Risk Level: High

Executive Summary

China Vanke is trading just above its recent support level and below both its 20‑day and 200‑day moving averages, indicating a bearish technical stance. The RSI sits in the high‑30s and the MACD histogram remains negative, while volume has been trending down and volatility is approaching 50%, suggesting heightened short‑term risk.
Fundamentally, the company carries a heavy debt load with a debt‑to‑equity ratio over 120%, negative margins and a trailing EPS well in the red, which has led analysts to rate it as underperform. However, valuation multiples are extremely low – price‑to‑book around 0.2 and price‑to‑sales below 0.2 – offering a sizable upside potential of roughly 20% if the Chinese property sector stabilises or policy support materialises.

Market Outlook

Short Term

< 1 year
Cautious
Model confidence: 7/10

Key Factors

  • Price hovering near technical support with bearish MACD
  • Decreasing volume and elevated volatility
  • Negative earnings and margins

Medium Term

1–3 years
Neutral
Model confidence: 5/10

Key Factors

  • Deep discount to book value and low price‑to‑sales
  • Potential policy or restructuring support for Chinese developers
  • Continued high leverage limiting upside

Long Term

> 3 years
Neutral
Model confidence: 4/10

Key Factors

  • Fundamental turnaround hinges on debt reduction and earnings recovery
  • Long‑term recovery of the Chinese real‑estate market
  • Absence of dividend reduces total return expectations

Key Metrics & Analysis

Financial Health

Revenue Growth-27.30%
Profit Margin-20.92%
P/E Ratio-1.8
ROE-17.93%
ROA-0.88%
Debt/Equity126.87
P/B Ratio0.2
Op. Cash FlowHK$2.8B
Free Cash FlowHK$23.5B
Industry P/E32.8

Technical Analysis

TrendNeutral
RSI37.5
SupportHK$3.35
ResistanceHK$4.14
MA 20HK$3.62
MA 50HK$3.60
MA 200HK$4.51
MACDBearish
VolumeDecreasing
Fear & Greed Index79.45

Valuation

Target PriceHK$4.07
Upside/Downside20.38%
GradeUndervalued
TypeValue

Risk Assessment

Beta-0.04
Volatility49.62%
Sector RiskHigh
Reg. RiskHigh
Geo RiskHigh
Currency RiskMedium
Liquidity RiskMedium

This analysis may contain inaccuracies and is provided for informational and research purposes only. It is not personal investment advice, a recommendation, or an instruction to buy, sell, or hold any asset.