Infinity Development Holdings Co. Ltd. (HK:0640)
:0640
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Infinity Development Holdings Co. Ltd.
(0640)
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Rating:74Outperform
Price Target:
HK$2.50
â–²(4.60% Upside)
Action:ReiteratedDate:03/24/26
The score is driven primarily by strong financial quality (improving profitability and a very low-debt balance sheet) and very compelling valuation (low P/E and high dividend yield). These positives are partially offset by weak technical momentum, with the price below key moving averages and bearish/oversold indicators.
Positive Factors
Very low leverage and conservative balance sheet
Extremely low net debt and a debt-to-equity near 0.01 provide durable financial flexibility: the company can fund capex, sustain dividends or buybacks, and absorb cyclical shocks without needing urgent external financing, supporting long-term solvency and optionality.
Negative Factors
Inconsistent and moderated revenue growth
Top-line momentum has slowed to low single-digit growth despite margin gains. Weak or inconsistent revenue expansion limits the company’s ability to scale earnings over time and makes future profit growth more dependent on margin improvements rather than sustainable volume or market-share gains.
Read all positive and negative factors
Positive Factors
Negative Factors
Very low leverage and conservative balance sheet
Extremely low net debt and a debt-to-equity near 0.01 provide durable financial flexibility: the company can fund capex, sustain dividends or buybacks, and absorb cyclical shocks without needing urgent external financing, supporting long-term solvency and optionality.
Read all positive factors
Infinity Development Holdings Co. Ltd. (0640) vs. iShares MSCI Hong Kong ETF (EWH)
Market Cap
HK$788.02M
Dividend Yield8.71%
Average Volume (3M)242.13K
Price to Earnings (P/E)5.6
Beta (1Y)0.10
Revenue Growth25.95%
EPS Growth44.12%
CountryHK
Employees423
SectorBasic Materials
Sector Strength58
IndustryChemicals - Specialty
Share Statistics
EPS (TTM)0.23
Shares Outstanding310,245,540
10 Day Avg. Volume178,400
30 Day Avg. Volume242,133
Financial Highlights & Ratios
PEG Ratio0.29
Price to Book (P/B)1.09
Price to Sales (P/S)0.82
P/FCF Ratio8.25
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
Infinity Development Holdings Co. Ltd. Business Overview & Revenue Model
Company Description
Infinity Development Holdings Company Limited, an investment holding company, manufactures and sells adhesives, primers, hardeners, and vulcanized shoes adhesive related products used by the footwear manufacturers in the People's Republic of China...
Infinity Development Holdings Co. Ltd. Financial Statement Overview
Summary
Income Statement
78
Positive
Balance Sheet
90
Very Positive
Cash Flow
72
Positive
| Breakdown | Sep 2025 | Sep 2024 | Sep 2023 | Sep 2022 | Sep 2021 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 835.15M | 736.34M | 671.75M | 862.10M | 643.45M |
| Gross Profit | 316.83M | 277.44M | 209.11M | 223.18M | 196.68M |
| EBITDA | 166.75M | 140.13M | 99.11M | 127.33M | 61.97M |
| Net Income | 122.19M | 100.41M | 67.05M | 101.35M | 41.46M |
Balance Sheet | |||||
| Total Assets | 846.15M | 819.43M | 745.00M | 697.62M | 595.24M |
| Cash, Cash Equivalents and Short-Term Investments | 319.06M | 331.91M | 353.49M | 135.24M | 129.66M |
| Total Debt | 7.56M | 43.47M | 89.26M | 36.65M | 41.15M |
| Total Liabilities | 217.88M | 235.87M | 231.57M | 210.34M | 166.70M |
| Stockholders Equity | 628.27M | 583.56M | 513.42M | 487.28M | 428.54M |
Cash Flow | |||||
| Free Cash Flow | 83.28M | 54.90M | 203.37M | -34.37M | -1.20M |
| Operating Cash Flow | 144.97M | 97.37M | 221.24M | -3.55M | 5.21M |
| Investing Cash Flow | -86.41M | -35.15M | -34.92M | 59.78M | -2.77M |
| Financing Cash Flow | -101.12M | -95.25M | 11.62M | -38.22M | -42.61M |
Infinity Development Holdings Co. Ltd. Technical Analysis
Positive
2.39
Price Trends
2.60
Negative
2.52
Positive
2.36
Positive
Market Momentum
-0.02
Negative
48.43
Neutral
81.48
Negative
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For HK:0640, the sentiment is Positive. The current price of 2.39 is below the 20-day moving average (MA) of 2.54, below the 50-day MA of 2.60, and above the 200-day MA of 2.36, indicating a neutral trend. The MACD of -0.02 indicates Negative momentum. The RSI at 48.43 is Neutral, neither overbought nor oversold. The STOCH value of 81.48 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for HK:0640.
Infinity Development Holdings Co. Ltd. Peers Comparison
UnderperformOutperform
Sector (61)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
74 Outperform | HK$788.02M | 5.62 | 20.67% | 8.71% | 25.95% | 44.12% | |
69 Neutral | HK$1.26B | 7.76 | 3.36% | 7.85% | -5.37% | 25.20% | |
61 Neutral | $10.43B | 7.12 | -0.05% | 2.87% | 2.86% | -36.73% | |
56 Neutral | HK$809.06M | 20.68 | -1.56% | 5.55% | 0.37% | -331.54% | |
50 Neutral | HK$235.00M | -3.13 | -15.93% | ― | -25.21% | 12.04% | |
48 Neutral | HK$705.69M | -19.22 | -15.41% | ― | 0.35% | -153.95% | |
40 Underperform | HK$333.14M | -2.79 | -8.30% | ― | -24.13% | -27.54% |
* Basic Materials Sector Average
HK:0640
Infinity Development Holdings Co. Ltd.
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43.02%
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0.84
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0.18
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-18.60%
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0.02
10.33%
HK:1986
Tsaker New Energy Tech Co., Limited
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37.70%
HK:0301
SANVO Fine Chemicals Group Limited
1.50
0.73
94.81%
Infinity Development Holdings Co. Ltd. Corporate Events
Infinity Development Announces Daily Share Buy-Back Under Dual-Listing Regime
Mar 23, 2026
Infinity Development Holdings Company Limited has issued an overseas regulatory announcement in Hong Kong to inform investors about a daily share buy-back notice filed on the Singapore Exchange. The buy-back activity, conducted under a mandate tha...
Infinity Development Appoints New Financial Controller to Bolster Cross-Market Oversight
Mar 6, 2026
Infinity Development Holdings Company Limited has announced the appointment of Mr. Lai Ta-Liang as its Financial Controller, effective 6 March 2026. The move, disclosed as an overseas regulatory announcement in Hong Kong following publication on t...
Infinity Development Names New Company Secretary to Support Dual Listings
Mar 6, 2026
Infinity Development Holdings Company Limited, a dual-listed issuer in Hong Kong and Singapore, has announced a change in its corporate officer lineup while reaffirming its established board structure of executive and independent non-executive dir...
Infinity Development Bolsters Finance and Governance Team After Key Resignations
Mar 6, 2026
Infinity Development Holdings has strengthened its senior finance and compliance team following the recent resignation of its former financial controller and company secretary. The company appointed Lai Ta-Liang, previously the Group’s Direc...
Infinity Development Announces Cessation of Company Secretary and Financial Controller
Mar 2, 2026
Infinity Development Holdings has issued an overseas regulatory announcement to its Hong Kong and Singapore shareholders regarding a board-level administrative change within the group. The disclosure is made in compliance with Hong Kong listing ru...
Infinity Development Announces Resignation of Key Finance and Governance Executive
Mar 2, 2026
Infinity Development Holdings Company Limited has announced the resignation of Mr. Shum Hoi Luen from his roles as financial controller, company secretary and authorised representative, effective 6 March 2026. The company noted that Mr. Shum is le...
Infinity Development Sets Final Dividend and Clarifies FX Terms for Singapore Shareholders
Feb 3, 2026
Infinity Development Holdings Company Limited has announced a final cash dividend of HKD 0.103 per share for the financial year ended 30 September 2025, applicable to its shareholders, including those holding shares via the Singapore Exchange. The...
Infinity Development Sets Out Board and Committee Structure
Jan 30, 2026
Infinity Development Holdings Company Limited has announced the current composition of its seven-member board of directors, comprising three executive directors, including Chairman and Chief Executive Officer Mr. Ieong Un, and four independent non...
Infinity Development Shareholders Approve All Resolutions at 2025 AGM
Jan 29, 2026
Infinity Development Holdings Company Limited reported that all resolutions proposed at its 2025 annual general meeting were approved by shareholders via poll, with every resolution receiving 100% of votes cast in favour. The meeting endorsed the ...
Infinity Development Updates Key Dates for Final Cash Dividend to Singapore Depositors
Jan 26, 2026
Infinity Development Holdings Company Limited has issued an overseas regulatory announcement under Hong Kong listing rules to notify investors of an update to its previously announced final cash dividend. The company confirmed a mandatory final ca...
Infinity Development Clarifies Singapore Record Date for Final Dividend Entitlement
Jan 26, 2026
Infinity Development Holdings Company Limited has issued a clarification regarding the entitlement date for its proposed final dividend for shareholders whose shares are listed and traded on the Singapore Exchange. Following advice from SGX-ST, th...
Infinity Development Strengthens Board with New Independent Non-Executive Director
Jan 14, 2026
Infinity Development Holdings Company Limited has issued an overseas regulatory announcement to notify investors of a board change, confirming the appointment of Lau Jeny as an independent non-executive director with effect from 30 January 2026. T...
Infinity Development Strengthens Board with New Independent Non-Executive Director
Jan 14, 2026
Infinity Development Holdings Company Limited, dual-listed in Hong Kong and Singapore, has announced changes to its board structure as part of ongoing compliance with the listing requirements of both markets. The company has appointed Chin Tak Fat...
Infinity Development Announces Cessation of Independent Non-Executive Director
Jan 14, 2026
Infinity Development Holdings Company Limited has issued an overseas regulatory announcement noting a change in its board composition, specifically the cessation of independent non-executive director Mr. Chan Wing Yau George. The announcement, rel...
Infinity Development Announces Cessation of Independent Non-Executive Director
Jan 14, 2026
Infinity Development Holdings Company Limited has issued an overseas regulatory announcement to notify investors on both the Hong Kong and Singapore exchanges of a board change, in line with cross-border listing requirements. The company announced...
Infinity Development Announces Board Changes and Director Movements
Jan 14, 2026
Infinity Development Holdings Company Limited has issued an overseas regulatory announcement to notify investors of changes to its board, including appointments and cessations of directors and a resulting change in the board’s overall compos...
Infinity Development Strengthens Board with Two New Independent Non-Executive Directors
Jan 14, 2026
Infinity Development Holdings Company Limited has appointed Ms. Jeny Lau and Mr. Chin Tak Fat as independent non-executive directors with effect from 30 January 2026, reflecting a further strengthening of its board’s independence and financi...
Infinity Development Releases Latest Annual Report and Circular for Dual-Listed Investors
Jan 5, 2026
Infinity Development Holdings Company Limited has issued an overseas regulatory announcement to notify investors that its latest annual report and a related circular have been released and made available on the Singapore Exchange website, as well ...
Infinity Development Announces Cross-Border Disclosure for 2026 AGM Materials
Jan 5, 2026
Infinity Development Holdings Company Limited has issued an overseas regulatory announcement in Hong Kong to mirror a disclosure made on the Singapore Exchange regarding its upcoming Annual General Meeting for the financial year ended 30 September...
Infinity Development Sets January 2026 AGM to Approve Dividend, Board Changes and Share Issuance Mandate
Jan 5, 2026
Infinity Development Holdings Company Limited has convened its 2025 annual general meeting for 29 January 2026 in both Hong Kong and Singapore, reflecting its dual-market listing structure and geographically diversified shareholder base. At the me...
Infinity Development Files Full-Year Results with Singapore Exchange
Dec 30, 2025
Infinity Development Holdings Company Limited has released its full-year financial results for the period ended 30 September 2025, in an announcement filed with the Singapore Exchange. The company, dual-listed in Hong Kong and Singapore, made the ...
Infinity Development Posts 22% Profit Growth on Higher Revenue and Lower Finance Costs
Dec 30, 2025
Infinity Development Holdings Company Limited reported a solid set of audited results for the year ended 30 September 2025, with revenue rising 13.4% year-on-year to HK$835.2 million and gross profit increasing 14.2% to HK$316.8 million. Profit fr...
Infinity Development Holdings Posts 22% Profit Growth on Higher Revenue and Lower Finance Costs
Dec 29, 2025
Infinity Development Holdings Company Limited reported a solid set of audited annual results for the year ended 30 September 2025, with revenue rising 13.4% year-on-year to HK$835.2 million and gross profit increasing 14.2% to HK$316.8 million. Pr...
Infinity Development Proposes HK$0.103 Final Dividend for FY2025
Dec 29, 2025
Infinity Development Holdings Company Limited has proposed a final ordinary cash dividend of HKD 0.103 per share for the financial year ended 30 September 2025, subject to shareholder approval at a meeting scheduled for 29 January 2026. If approve...
Infinity Development Activates Joint Auditors Following Singapore Listing
Dec 24, 2025
Infinity Development Holdings has confirmed that the appointment of RSM SG as its joint auditor became effective on 3 December 2025, coinciding with the effectiveness of the company’s secondary listing in Singapore. Due to timing constraints...
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.