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SSH Group Ltd. (AU:SSH)
ASX:SSH

SSH Group Ltd. (SSH) AI Stock Analysis

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AU:SSH

SSH Group Ltd.

(Sydney:SSH)

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Neutral 57 (OpenAI - 4o)
Rating:57Neutral
Price Target:
AU$0.17
▼(-5.00% Downside)
The overall stock score is primarily influenced by the company's financial performance challenges, including declining revenue and high leverage. Technical analysis provides a positive outlook with the stock trading above key moving averages, while valuation metrics indicate moderate pricing. The absence of earnings call data and corporate events limits additional insights.
Positive Factors
Cash Generation Ability
SSH Group's strong cash conversion from profits indicates efficient cash management, supporting operational needs and potential investments.
Operational Efficiency
An improvement in EBIT margin suggests better cost management and operational efficiency, which can enhance profitability over time.
Market Position
SSH's reputation and established market position in complex projects provide a competitive edge, potentially leading to sustained business opportunities.
Negative Factors
Revenue Decline
A declining revenue trend indicates challenges in maintaining market share or demand, which could impact long-term growth prospects.
High Leverage
High leverage increases financial risk and limits flexibility, potentially affecting the company's ability to invest in growth opportunities.
Profitability Margins
Decreasing gross profit margins suggest pressure on pricing or cost increases, which can erode profitability and affect financial health.

SSH Group Ltd. (SSH) vs. iShares MSCI Australia ETF (EWA)

SSH Group Ltd. Business Overview & Revenue Model

Company DescriptionSSH Group Limited provides a range of integrated products and services infrastructure, mining, industrial and commercial industries in Australia. It offers safety services comprising security, road safety, and crisis support services; workforce management services, such as labor hire, recruitment, placement, and related services; and equipment hire services to construction civil, and mining sectors. SSH Group Limited is based in West Perth, Australia.
How the Company Makes MoneySSH Group Ltd. generates revenue through multiple streams, primarily from consultancy and project management fees associated with its architectural and engineering services. The company charges clients for its expertise in design, planning, and coordination of construction projects, often structured as a percentage of the total project cost or through fixed fees based on the scope of work. Additionally, SSH may earn revenue from long-term contracts with government and private sector clients for ongoing project support and management. Significant partnerships with construction firms and public agencies further enhance SSH's earnings, allowing the company to secure large-scale projects and maintain a steady flow of income.

SSH Group Ltd. Financial Statement Overview

Summary
SSH Group Ltd. faces challenges with declining revenue and profitability margins, alongside high leverage, which could impact financial stability. While cash flow generation is relatively strong, the decline in free cash flow growth is a concern. The company needs to focus on improving revenue growth and managing its debt levels to enhance financial health.
Income Statement
45
Neutral
SSH Group Ltd. has shown a declining revenue trend with a negative revenue growth rate of -8.66% in the latest year. The gross profit margin has decreased from 37.97% to 34.64%, indicating pressure on profitability. The net profit margin is low at 1.41%, reflecting challenges in converting revenue into profit. However, the EBIT margin improved slightly to 7.40%, suggesting some operational efficiency gains.
Balance Sheet
40
Negative
The company has a high debt-to-equity ratio of 2.62, indicating significant leverage, which could pose financial risk. Return on equity is modest at 5.55%, suggesting limited profitability relative to shareholder equity. The equity ratio is not explicitly provided, but the high leverage indicates a low proportion of equity in the capital structure.
Cash Flow
50
Neutral
Free cash flow has declined by 14.31%, which is concerning for liquidity. However, the operating cash flow to net income ratio of 0.25 indicates that the company is generating cash from operations, albeit at a lower level. The free cash flow to net income ratio is strong at 0.95, suggesting good cash conversion from profits.
BreakdownTTMDec 2025Dec 2024Dec 2023Dec 2022Dec 2021
Income Statement
Total Revenue37.44M37.44M40.05M41.15M96.29M70.50M
Gross Profit12.97M12.97M15.21M1.31M11.88M6.23M
EBITDA6.47M6.47M7.23M2.97M-681.85K1.54M
Net Income529.71K529.71K667.95K-1.30M-2.60M817.35K
Balance Sheet
Total Assets40.70M40.70M43.42M38.94M39.76M11.40M
Cash, Cash Equivalents and Short-Term Investments3.95M3.95M2.60M2.05M5.35M161.92K
Total Debt25.00M25.00M30.35M28.11M22.40M3.26M
Total Liabilities31.15M31.15M35.86M32.04M32.18M11.03M
Stockholders Equity9.55M9.55M7.55M6.90M7.59M373.03K
Cash Flow
Free Cash Flow4.21M4.21M3.91M-11.73M-16.24M-994.41K
Operating Cash Flow4.43M4.43M4.52M2.85M-733.38K-843.55K
Investing Cash Flow965.76K965.76K430.24K-12.28M-16.79M-149.84K
Financing Cash Flow-4.04M-4.04M-4.40M6.13M22.71M949.83K

SSH Group Ltd. Technical Analysis

Technical Analysis Sentiment
Positive
Last Price0.18
Price Trends
50DMA
0.16
Positive
100DMA
0.15
Positive
200DMA
0.14
Positive
Market Momentum
MACD
<0.01
Negative
RSI
62.33
Neutral
STOCH
133.33
Negative
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For AU:SSH, the sentiment is Positive. The current price of 0.18 is above the 20-day moving average (MA) of 0.17, above the 50-day MA of 0.16, and above the 200-day MA of 0.14, indicating a bullish trend. The MACD of <0.01 indicates Negative momentum. The RSI at 62.33 is Neutral, neither overbought nor oversold. The STOCH value of 133.33 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for AU:SSH.

SSH Group Ltd. Peers Comparison

Overall Rating
UnderperformOutperform
Sector (63)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
76
Outperform
AU$186.01M20.798.06%4.07%27.05%520.93%
63
Neutral
AU$21.14M10.1059.48%12.87%173.68%
63
Neutral
$10.79B15.437.44%2.01%2.89%-14.66%
63
Neutral
AU$383.48M111.4513.37%0.10%24.47%21.28%
57
Neutral
AU$19.07M21.886.19%-6.52%-20.79%
42
Neutral
AU$20.59M-3.72-23.42%-13.52%7.82%
* Industrials Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
AU:SSH
SSH Group Ltd.
0.18
0.10
125.00%
AU:EAX
Energy Action Limited
0.52
0.18
52.94%
AU:CUP
Countplus Limited
1.11
0.35
46.05%
AU:KPG
Kelly Partners Group Holdings Ltd.
8.47
-1.59
-15.81%
AU:STG
Straker Translations Ltd.
0.32
-0.32
-50.00%

SSH Group Ltd. Corporate Events

High-Tech Metals Advances Exploration at Mt Fisher Gold Project
Dec 1, 2025

High-Tech Metals Ltd has announced significant progress in its exploration activities at the Mt Fisher Gold Project, with high-grade rock chip samples and upcoming infill drilling at the Wagtail deposit. The results indicate potential for additional high-grade vein targets and continuity of mineralization, strengthening the case for near-term development. SSH Group Ltd, under a mining agreement, will fund pre-feasibility works and drilling to advance the project to a Final Investment Decision, supporting High-Tech’s goal of moving towards gold production.

SSH Group Ltd Issues New Options to Strengthen Financial Position
Nov 26, 2025

SSH Group Ltd announced the issuance of 8,444,000 listed options set to expire on August 6, 2027, with an exercise price of $0.25. This issuance, conducted without disclosure under Part 6D.2 of the Corporations Act, is part of the company’s compliance with relevant legal provisions. The announcement suggests a strategic move to enhance its financial positioning and offers potential implications for investors regarding the company’s assets, liabilities, and overall market prospects.

SSH Group Ltd Successfully Passes All AGM Resolutions
Nov 26, 2025

SSH Group Ltd announced that all resolutions proposed at their Annual General Meeting were successfully passed. This includes key resolutions such as the adoption of the remuneration report, re-election and election of directors, approval of a 10% placement facility, and ratification of prior issues of placement shares, which collectively support the company’s strategic initiatives and governance framework.

High-Tech Metals Confirms High Gold Recoveries at Mt Fisher
Nov 24, 2025

High-Tech Metals Ltd has announced promising metallurgical test results from its Mt Fisher Gold Project, confirming that the mineralization is free-milling and non-refractory, suitable for conventional gravity and cyanide processing methods. With recoveries of up to 92.8% from low-grade ore, these results support further Scoping Study work, Mineral Resource updates, and potential toll-treatment opportunities. The outcomes significantly de-risk the development scenario for Mt Fisher, allowing the company to proceed confidently with its joint venture partner, SSH Group Ltd, towards near-term gold production. The project’s proximity to existing gold processing plants enhances its potential for profitability.

SSH Group Ltd. Ceases Substantial Holding Status
Nov 14, 2025

SSH Group Ltd. has announced a change in its substantial holding status, indicating that it has ceased to be a substantial holder as of November 7, 2025. This change is due to a dilution from placement, affecting 5,363,096 voting securities, with a consideration of $25,000. The announcement may impact the company’s influence in decision-making processes and its strategic positioning within the industry.

SSH Group Secures $2.53m Strategic Investment from Xinhai Mining Services
Nov 10, 2025

SSH Group Ltd has completed a $2.53 million strategic placement with Xinhai Mining Services, marking a significant milestone in its growth strategy. This partnership not only strengthens SSH’s financial position but also enhances its technical capabilities and international reach, positioning the company to accelerate its integrated mining and processing operations. The collaboration with Xinhai, a global leader in EPC+M+O solutions, allows SSH to pursue large-scale joint development opportunities in the Australian mining sector, potentially transforming its operational scale and market positioning.

SSH Group Ltd Updates AGM Notice with New Resolutions
Nov 7, 2025

SSH Group Ltd has issued an addendum to its Notice of Annual General Meeting, scheduled for November 26, 2025, to include additional resolutions related to a recent placement. The company will not send physical copies of the notice unless requested, opting instead for electronic distribution. This move reflects SSH Group’s efforts to streamline shareholder communications and address recent corporate developments, potentially impacting shareholder voting and company governance.

SSH Group Ltd Issues New Shares in Compliance with Corporations Act
Nov 7, 2025

SSH Group Ltd has announced the issuance of 16,888,000 fully paid ordinary shares at $0.15 per share, as part of a placement detailed in a previous ASX announcement. This move is in compliance with the Corporations Act, and the company assures that all necessary disclosures have been made, indicating transparency and adherence to regulatory requirements, which could positively impact investor confidence.

SSH Group Ltd Announces Quotation of New Securities
Nov 7, 2025

SSH Group Ltd has announced the application for quotation of 16,888,000 fully paid ordinary securities on the Australian Securities Exchange (ASX). This move is part of a previously announced transaction, reflecting the company’s ongoing efforts to enhance its market presence and operational capacity. The issuance of these securities is expected to impact the company’s financial structure and potentially influence stakeholder interests by increasing the liquidity of its shares.

SSH Group Ltd Reports Strong Q3 Performance and Strategic Expansions
Oct 29, 2025

SSH Group Ltd reported a positive financial performance for the quarter ending September 2025, with a 17% revenue growth compared to the previous year. The company secured significant investments, including a $2.53 million strategic placement from Xinhai Mining Services and a $2.75 million placement with institutional investors. SSH is expanding its operational footprint by tendering for various mining projects and has initiated site works at the Mt Fisher Gold Project. Additionally, a profit-sharing agreement was executed for the Wagtail Gold Deposit, granting SSH a 25% share of net profits, indicating a robust strategic positioning in the mining sector.

SSH Group Ltd Announces Annual General Meeting for Shareholders
Oct 27, 2025

SSH Group Ltd has announced its Annual General Meeting for shareholders, scheduled for November 26, 2025, in Perth. The company is encouraging shareholders to participate in the meeting either in person, by proxy, or through an authorized representative, with proxy voting instructions due by November 24, 2025. This meeting is significant for stakeholders as it provides an opportunity to engage with the company’s strategic direction and governance.

SSH Group Ltd. Secures Profit-Share Gold Projects, Strengthening Market Position
Oct 22, 2025

SSH Group Ltd. has announced a strategic pivot in its operations, marking FY26 as a significant year with the securing of multiple profit-share gold projects. This move is expected to enhance their gold production pipeline, offering exposure to over 100 Koz of near-term Western Australian gold through profit-share and joint venture models. The company has demonstrated consistent financial performance with a strong revenue stream and positive cash flow, positioning itself as a competitive player in the mining sector.

SSH Group Ltd Announces Proposed Securities Issue
Oct 22, 2025

SSH Group Ltd has announced a proposed issue of securities, which includes 8,444,000 options expiring on October 31, 2027, and 16,888,000 fully paid ordinary shares. This move is part of a placement or other type of issue, with the proposed issue date set for October 30, 2025. The announcement reflects SSH Group Ltd’s strategic efforts to potentially raise capital and enhance its market position, which could have implications for its stakeholders and influence its operations.

SSH Group Secures $2.53 Million Investment from Xinhai Mining Services
Oct 22, 2025

SSH Group Ltd has announced a strategic investment of $2.53 million from Xinhai Mining Services, marking a significant partnership that aligns SSH’s operational model with Xinhai’s engineering and construction expertise. This investment is set to transform SSH from a domestic service provider into a globally integrated mining and processing entity, enhancing its capacity to pursue large-scale mining opportunities and accelerating its expansion within the Australian mining sector.

SSH Group Ltd Requests Trading Halt Ahead of Capital Raising Announcement
Oct 21, 2025

SSH Group Ltd, listed on the Australian Securities Exchange (ASX) under the ticker SSH, has requested a trading halt on its securities. This halt is pending an announcement concerning a proposed capital raising. The trading halt will remain in effect until the earlier of the commencement of normal trading on October 23, 2025, or the release of the announcement. This move indicates SSH’s intention to potentially secure additional funding, which could impact its financial strategy and stakeholder interests.

SSH Group Ltd Announces AGM and Director Nomination Deadline
Oct 1, 2025

SSH Group Ltd has announced its Annual General Meeting (AGM) will take place on November 26, 2025, with the agenda and participation details to be released in the Notice of AGM. The company has set October 8, 2025, as the deadline for director nominations, indicating a structured approach to governance and stakeholder engagement.

SSH Group Ltd Relocates Principal Business Address
Sep 26, 2025

SSH Group Ltd has announced a change in its Principal Place of Business to a new address in Belmont, Western Australia. This change does not affect the company’s registered office address, website, or other contact details, indicating a strategic move that maintains operational continuity while potentially positioning the company for future growth.

SSH Group Ltd Announces Departure of Interim CFO Anna Lane
Sep 10, 2025

SSH Group Ltd announced the completion of Ms. Anna Lane’s two-year term as Interim Chief Financial Officer. Under her leadership, the company achieved nine consecutive quarters of positive operating cash flow, improved profitability, and strengthened its balance sheet. Her responsibilities will now be managed by the Managing Director and Group Financial Controller, ensuring continuity in financial performance and discipline.

SSH Group Ltd Announces Director’s Change in Securities Holdings
Sep 10, 2025

SSH Group Ltd has announced a change in the interests of its director, Daniel Cowley-Cooper, specifically regarding his securities holdings. The change involves the expiration of 5,000,000 options exercisable at $0.35, which expired on September 9, 2025. This update reflects the director’s current holdings, which now exclude these expired options, potentially impacting the company’s governance and shareholder dynamics.

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 31, 2025