Blue River Holdings Limited (0498) AI Stock Analysis

• Market Cap: HK$93.69M
• Dividend Yield: N/A
• Average Volume (3M): 312.50K
• Price to Earnings (P/E): ―
• Beta (1Y): 0.69
• Revenue Growth: N/A
• EPS Growth: N/A
• Country: HK
• Employees: 75
• Sector: Industrials
• Sector Strength: 89
• Industry: Engineering & Construction
• EPS (TTM): -0.05
• Shares Outstanding: 1,040,946,200
• 10 Day Avg. Volume: 159,000
• 30 Day Avg. Volume: 312,504
• PEG Ratio: 0.02
• Price to Book (P/B): 0.45
• Price to Sales (P/S): 0.00
• P/FCF Ratio: -0.61
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0

• Rating: 34 Underperform
• Price Target: ―

The overall score reflects Blue River Holdings Limited's severe financial difficulties, with a substantial revenue decline, deeply negative profitability, and concerning cash flow issues. The stock's bearish technical indicators further emphasize negative sentiment and potential downside risk. Valuation metrics highlight the company's lack of profitability and return to shareholders. Immediate strategic changes are essential to improve its financial health.

Blue River Holdings Limited Business Overview & Revenue Model

Company Description

Blue River Holdings Limited, an investment holding company, engages in the provision of comprehensive engineering and property-related services. The company operates through Engineering, Ports and Logistics, Property, Securities, and Financial Services segments. The Engineering segment offers building construction, civil engineering, property development management, project management, and facilities management services. The Ports and Logistics segment is involved in the development and operation of ports; and liquefied petroleum gas, compressed natural gas, and liquefied natural gas distribution and logistics businesses. The Property segment engages in the investment, development, sale, and leasing of real estate properties, developed land and land under development, and projects under development. The Securities segment is involved in the investment and trading of securities. The Financial Services segment provides loan financing, financial related, and cash management services. The company was formerly known as PYI Corporation Limited and changed its name to Blue River Holdings Limited in May 2021. Blue River Holdings Limited was incorporated in 1993 and is headquartered in North Point, Hong Kong.

How the Company Makes Money

Blue River Holdings Limited generates revenue through a variety of streams, primarily from its infrastructure and real estate operations. The company earns income from the development and management of infrastructure projects, which may include toll roads, bridges, or other public utilities. Additionally, its real estate sector contributes to revenue through property sales, leasing, and management fees. The company's securities investment arm provides income through dividends, interest, and capital gains from its portfolio of financial instruments. Strategic partnerships and investments in joint ventures further enhance its earnings capability, allowing Blue River Holdings to capitalize on emerging opportunities in its key sectors.

Blue River Holdings Limited Financial Statement Overview

Summary

Blue River Holdings Limited is facing significant financial challenges. The company has experienced a substantial decline in revenue and deeply negative profitability, with a net profit margin of -428.1% in 2024. The balance sheet indicates low leverage but negative returns, and the cash flow situation is concerning due to negative operating and free cash flow. Immediate strategic changes are needed.

Income Statement

The company has experienced a significant decline in revenue over the past few years, with a 19.6% drop from 2023 to 2024. Margins are deeply negative, with a net profit margin of -428.1% in 2024, indicating severe profitability issues. The gross profit margin is positive but low at 38.4%. The company has not been able to generate positive EBIT or EBITDA, which points to ongoing operational challenges.

Balance Sheet

The company has a high equity ratio of 95.6% in 2024, indicating a strong reliance on equity financing and low leverage. However, the return on equity is negative, reflecting the company's unprofitable operations. The debt-to-equity ratio is low at 0.03, suggesting limited financial risk from debt, but the inability to generate profits remains a major concern.

Cash Flow

The company has negative free cash flow and operating cash flow, indicating challenges in generating cash from operations. The free cash flow growth rate is negative, and the operating cash flow to net income ratio is not a meaningful metric due to negative values. This cash flow situation raises concerns about the company's liquidity and ability to sustain operations without external financing.

Breakdown	TTM	Mar 2024	Mar 2023	Mar 2022	Mar 2021	Mar 2020
Income Statement
Total Revenue	45.52M	61.97M	77.09M	10.79B	277.29M	363.93M
Gross Profit	10.56M	23.78M	18.10M	433.40M	121.59M	124.27M
EBITDA	-73.41M	-48.12M	-34.10M	-1.20B	-171.61M	-331.85M
Net Income	-306.08M	-265.26M	-605.41M	-1.63B	151.29M	-572.27M
Balance Sheet
Total Assets	792.58M	976.06M	1.95B	11.13B	6.58B	5.67B
Cash, Cash Equivalents and Short-Term Investments	4.22M	20.12M	774.24M	943.36M	1.74B	784.58M
Total Debt	24.79M	25.41M	554.62M	1.74B	419.96M	411.85M
Total Liabilities	49.35M	49.76M	605.29M	8.10B	2.35B	1.61B
Stockholders Equity	750.26M	933.33M	1.35B	2.16B	3.90B	3.68B
Cash Flow
Free Cash Flow	-77.94M	-76.70M	-1.00B	628.86M	-603.26M	-217.81M
Operating Cash Flow	-77.08M	-73.12M	-971.65M	727.93M	-468.92M	-119.62M
Investing Cash Flow	-9.38M	-232.58M	-155.31M	51.99M	236.52M	75.58M
Financing Cash Flow	5.09M	-447.48M	960.79M	-19.11M	4.40M	-76.84M

Blue River Holdings Limited Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 0.09
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Negative
• MACD: Positive
• RSI: Neutral
• STOCH: Positive

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For HK:0498, the sentiment is Negative. The current price of 0.09 is below the 20-day moving average (MA) of 0.09, above the 50-day MA of 0.07, and below the 200-day MA of 0.09, indicating a neutral trend. The MACD of <0.01 indicates Positive momentum. The RSI at 45.36 is Neutral, neither overbought nor oversold. The STOCH value of 15.13 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for HK:0498.

Blue River Holdings Limited Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
6080	67 Neutral	HK$105.51M	23.40	3.32%	―	58.64%	106.25%
Sector *	58 Neutral	HK$13.89B	4.44	-3.01%	7.32%	3.67%	-54.16%
1741	54 Neutral	HK$100.00M	―	-47.66%	―	-34.70%	-388.24%
8262	46 Neutral	HK$94.18M	―	-11.75%	―	33.77%	56.47%
1429	44 Neutral	HK$76.80M	―	-34.49%	―	-4.16%	-643.18%
2193	38 Underperform	HK$90.21M	―	-8.07%	17.86%	-12.81%	-224.37%
0498	34 Underperform	HK$93.69M	―	-20.17%	―	―	―

Blue River Holdings Limited Corporate Events

Blue River Holdings Completes Major Property Disposal in Hong Kong

Blue River Holdings Limited has completed a major transaction involving the disposal of a property in Hong Kong. The company announced that all conditions for the disposal have been fulfilled, and the consideration has been received and cleared, marking a significant step in its strategic operations.

Blue River Holdings Sells 1.06% Stake in Listed Company for HK$7 Million

Blue River Holdings Limited announced the disposal of 199,962,000 shares in a listed company, representing approximately 1.06% of the total issued share capital, for HK$7.0 million. This transaction is considered a discloseable transaction under Hong Kong’s Listing Rules, as it exceeds 5% but is less than 25% of the applicable percentage ratios. The disposal reduces Blue River’s holdings in the Listco from 1.2% to 0.13%, and the purchasers are independent third parties. The Listco is involved in securities brokerage, futures trading, financial investments, and money lending.

Blue River Holdings Clarifies Financial Impact of Securities Disposal

Blue River Holdings Limited announced a clarification regarding its recent disposal of listed securities, which involved the sale of 8,000,000 shares for HK$6,400,000. This transaction is expected to increase the company’s total comprehensive income by HK$1,280,000 for the year ending 31 March 2025, potentially impacting its financial performance positively.

Blue River Holdings Announces Disposal of Listed Securities

Blue River Holdings Limited, incorporated in Bermuda, announced a discloseable transaction involving the disposal of 8,000,000 shares of a listed company, generating HK$6,400,000. This transaction, conducted through a wholly-owned subsidiary, was executed in the open market, and the identities of the purchasers remain unknown. The disposal, representing approximately 0.1% of the total issued share capital of the Listco, resulted in Blue River Holdings ceasing to hold any shares in the company. The transaction is subject to reporting and announcement requirements under the Hong Kong Stock Exchange Listing Rules.