Blue River Holdings Limited (0498) AI Stock Analysis

• Market Cap: HK$158.22M
• Dividend Yield: N/A
• Average Volume (3M): 108.12K
• Price to Earnings (P/E): ―
• Beta (1Y): 0.95
• Revenue Growth: 10.32%
• EPS Growth: 75.58%
• Country: HK
• Employees: 75
• Sector: Industrials
• Sector Strength: 72
• Industry: Engineering & Construction
• EPS (TTM): -0.02
• Shares Outstanding: 1,040,946,200
• 10 Day Avg. Volume: 149,080
• 30 Day Avg. Volume: 108,117
• PEG Ratio: 0.02
• Price to Book (P/B): 0.11
• Price to Sales (P/S): 2.24
• P/FCF Ratio: -2.33
• 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
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 45 Neutral
• Price Target: HK$0.15 ▼(-3.75% Downside)

The overall stock score is primarily driven by significant financial challenges, including persistent losses and declining revenues. Technical analysis provides mixed signals, with some potential for short-term bullish momentum. However, the negative P/E ratio and lack of dividend yield weigh heavily on the stock's valuation, resulting in a low overall score.

Positive Factors

Low Leverage

Low leverage provides financial flexibility and reduces risk, allowing the company to navigate challenging economic conditions more effectively.

Strategic Partnerships

Partnerships expand market access and investment opportunities, potentially leading to diversified revenue streams and long-term growth.

Asset Management Revenue

Asset management provides a stable revenue stream, leveraging expertise in financial markets to generate consistent income over time.

Negative Factors

Declining Revenues

Persistent revenue decline indicates challenges in maintaining market position and competitiveness, affecting long-term financial health.

Negative Cash Flow

Negative cash flow limits the company's ability to invest in growth opportunities and meet financial obligations, threatening sustainability.

Operational Inefficiencies

Inefficiencies in operations reduce profitability and hinder the company's ability to compete effectively, impacting long-term viability.

Blue River Holdings Limited Business Overview & Revenue Model

Company Description

Blue River Holdings Limited (0498) is a diversified investment company based in Australia, focusing on various sectors including real estate, technology, and renewable energy. The company aims to create long-term value for its shareholders by strategically investing in high-potential assets and businesses. Its core products and services encompass property development, management of investment funds, and advisory services in emerging technologies.

How the Company Makes Money

Blue River Holdings Limited generates revenue through multiple streams, primarily from its investments in real estate and technology sectors. The company earns income from property management fees, rental income from its real estate portfolio, and capital gains from the sale of properties. In addition, Blue River Holdings collaborates with key partners in the technology space to develop and commercialize innovative solutions, which contributes to its revenue through licensing agreements and equity stakes in promising startups. Furthermore, the company may engage in strategic partnerships to co-invest in renewable energy projects, yielding additional revenue through power purchase agreements and government incentives.

Blue River Holdings Limited Financial Statement Overview

Summary

Blue River Holdings Limited is facing significant financial challenges, with persistent losses and declining revenues impacting its profitability and cash flow. The balance sheet shows low leverage, but negative return on equity and cash flow issues highlight operational inefficiencies and financial instability.

Income Statement

The income statement reveals significant challenges with consistent negative net income and declining revenue. Gross profit margins have been volatile, and the company has experienced negative revenue growth in recent years. The EBIT and EBITDA margins are also negative, indicating operational inefficiencies.

Balance Sheet

The balance sheet shows a relatively low debt-to-equity ratio, suggesting manageable leverage. However, the return on equity is negative, indicating that the company is not generating sufficient returns on its equity base. The equity ratio is stable, but the overall financial health is weakened by persistent losses.

Cash Flow

Cash flow analysis indicates negative operating and free cash flows, with inconsistent growth trends. The operating cash flow to net income ratio is negative, reflecting cash flow challenges. Despite some improvement in free cash flow growth in certain years, the overall cash flow position remains weak.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	45.52M	39.01M	61.97M	77.09M	10.79B	277.29M
Gross Profit	10.56M	10.11M	23.78M	18.10M	433.40M	121.59M
EBITDA	-73.41M	-170.28M	-79.23M	-108.04M	-1.22B	-171.61M
Net Income	-306.08M	-177.38M	-265.26M	-605.41M	-1.63B	151.29M
Balance Sheet
Total Assets	792.58M	939.40M	976.06M	1.95B	11.13B	6.58B
Cash, Cash Equivalents and Short-Term Investments	4.22M	21.58M	20.12M	774.24M	943.36M	1.74B
Total Debt	24.79M	94.79M	25.41M	554.62M	1.74B	419.96M
Total Liabilities	49.35M	121.26M	49.76M	605.29M	8.10B	2.35B
Stockholders Equity	750.26M	825.18M	933.33M	1.35B	2.16B	3.90B
Cash Flow
Free Cash Flow	-77.94M	-37.53M	-76.70M	-1.00B	628.86M	-603.26M
Operating Cash Flow	-77.08M	-35.99M	-73.12M	-971.65M	727.93M	-468.92M
Investing Cash Flow	-10.80M	-28.66M	-232.58M	-155.31M	51.99M	236.52M
Financing Cash Flow	5.27M	66.14M	-447.48M	960.79M	-19.11M	4.40M

Blue River Holdings Limited Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 0.16
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Neutral
• STOCH: Negative

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For HK:0498, the sentiment is Positive. The current price of 0.16 is above the 20-day moving average (MA) of 0.16, above the 50-day MA of 0.16, and above the 200-day MA of 0.11, indicating a bullish trend. The MACD of >-0.01 indicates Negative momentum. The RSI at 50.88 is Neutral, neither overbought nor oversold. The STOCH value of 87.27 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive 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
Sector *	63 Neutral	$10.79B	15.43	7.44%	2.01%	2.89%	-14.66%
1741	48 Neutral	HK$150.40M	-3.78	-47.66%	―	-34.70%	-388.24%
6080	48 Neutral	HK$137.80M	―	-9.58%	―	-9.82%	-309.09%
2193	45 Neutral	HK$88.95M	―	-6.89%	―	-1.91%	18.30%
0498	45 Neutral	HK$158.22M	―	-9.20%	―	10.32%	75.58%
1429	44 Neutral	HK$139.20M	-1.32	-27.98%	―	-8.31%	-56.88%
8262	40 Underperform	HK$49.86M	-4.35	-12.85%	―	8.74%	48.76%

Blue River Holdings Limited Corporate Events

Blue River Holdings Sells Stake in Shengjing for HK$18.63 Million

Blue River Holdings Limited has announced the disposal of its entire stake in Shengjing H Shares, totaling 11,641,500 shares, at an offer price of HK$1.60 per share, resulting in a total consideration of approximately HK$18.63 million. This transaction, classified as a discloseable transaction under Hong Kong’s Listing Rules, will result in Blue River Holdings ceasing to have any interest in Shengjing, potentially impacting its investment portfolio and financial strategy.

Blue River Holdings AGM Resolutions Passed Unanimously

Blue River Holdings Limited announced the successful passing of all proposed resolutions during its Annual General Meeting held on August 28, 2025. The resolutions included the adoption of audited financial statements, re-election of directors, authorization of directors’ remuneration, re-appointment of auditors, and granting of mandates for share issuance and repurchase. This outcome signifies strong shareholder support and positions the company for continued strategic initiatives and governance stability.