Ling Yui Holdings Limited (0784) AI Stock Analysis

• Market Cap: HK$200.00M
• Dividend Yield: N/A
• Average Volume (3M): 596.00K
• Price to Earnings (P/E): 48.2
• Beta (1Y): 1.14
• Revenue Growth: -9.05%
• EPS Growth: -678.72%
• Country: HK
• Employees: 67
• Sector: Industrials
• Sector Strength: 72
• Industry: Engineering & Construction
• EPS (TTM): 0.00
• Shares Outstanding: 800,000,000
• 10 Day Avg. Volume: 810,000
• 30 Day Avg. Volume: 596,000
• PEG Ratio: <0.01
• Price to Book (P/B): 0.67
• Price to Sales (P/S): 0.18
• P/FCF Ratio: -3.11
• 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: 54 Neutral
• Price Target: HK$0.26 ▲(112.50% Upside)
• Action: Reiterated Date: 02/14/26
• Date: Action: Reiterated 02/14/26

The score is held back primarily by weak financial performance (ongoing losses and negative operating/free cash flow). Technicals are supportive with a strong uptrend and positive MACD, but the elevated RSI suggests momentum may be stretched. Valuation is mixed because the negative P/E reflects unprofitable operations and dividend support is not available.

Positive Factors

Manageable leverage

Moderate debt levels provide structural financial flexibility: they limit interest burden and reduce refinancing risk relative to highly leveraged peers. That profile supports funding project pipelines or working capital needs over months without immediate solvency pressure, aiding stability.

Revenue recovery trend

A 5.27% revenue uptick after declines indicates early top-line stabilization rather than a one-off. Sustained revenue recovery would help spread fixed costs, improve operational leverage and create a foundation to restore margins and cash generation over the medium term.

Positive FCF-to-net income ratio

A positive free cash flow to net income ratio implies some cash conversion efficiency relative to accounting losses. If sustained, it can enable gradual deleveraging, prioritize high-return projects and improve liquidity even while reported earnings remain negative.

Negative Factors

Persistent unprofitability

Ongoing negative net profit and EBIT margins are structural red flags: they erode equity, limit retained earnings for reinvestment and restrict ability to fund growth internally. Without margin recovery, reliance on external capital will persist and strategic choices remain constrained.

Negative operating and free cash flow

Sustained negative operating and free cash flow reduce operational flexibility, hamper ability to fund contracts or capex, and increase dependency on external financing. Over months this raises execution risk on projects and may force cost cuts or asset sales to preserve liquidity.

Negative return on equity

A negative ROE signals persistent capital inefficiency and weak value creation for shareholders. Structurally, this undermines investor confidence, complicates capital raises and may constrain long-term growth initiatives unless operational performance and profitability are meaningfully improved.

Ling Yui Holdings Limited Business Overview & Revenue Model

Company Description

Ling Yui Holdings Limited, an investment holding company, provides foundation engineering services in Hong Kong. It offers foundation works, including excavation and lateral support works, pile cap works and pile construction, and site formation works, as well as road and drainage works for foundation projects in the private sector. Ling Yui Holdings Limited was founded in 2000 and is headquartered in San Po Kong, Hong Kong.

How the Company Makes Money

Ling Yui Holdings Limited Financial Statement Overview

Summary

Overall financial health is weak: profitability remains negative (negative net profit and EBIT margins), operating and free cash flow are negative (liquidity/financial flexibility pressure), and ROE is negative. The balance sheet shows only moderate leverage, which helps, and revenue recently rose 5.27%, but it follows prior declines and does not yet offset the profitability and cash flow concerns.

Income Statement

Ling Yui Holdings Limited has experienced fluctuating revenue growth, with a recent increase of 5.27% after a significant decline in previous years. However, profitability remains a concern with negative net profit margins and EBIT margins, indicating ongoing operational challenges.

Balance Sheet

The company's debt-to-equity ratio is moderate, suggesting manageable leverage. However, the negative return on equity indicates that the company is not generating sufficient returns on shareholders' investments, which is a concern for long-term sustainability.

Cash Flow

Ling Yui Holdings Limited faces challenges with negative operating cash flow and free cash flow, indicating liquidity issues. The free cash flow to net income ratio is positive, but the overall cash flow position remains weak, impacting financial flexibility.

Breakdown	TTM	Mar 2024	Mar 2023	Mar 2022	Mar 2021	Mar 2020
Income Statement
Total Revenue	185.32M	214.50M	194.04M	238.96M	344.29M	240.99M
Gross Profit	25.14M	30.99M	28.64M	-6.59M	24.79M	19.04M
EBITDA	-7.89M	-5.96M	14.68M	-21.21M	14.10M	13.72M
Net Income	-21.78M	-20.55M	655.00K	-30.04M	2.24M	-550.00K
Balance Sheet
Total Assets	106.66M	131.92M	140.92M	179.16M	221.06M	207.81M
Cash, Cash Equivalents and Short-Term Investments	1.59M	14.69M	29.85M	12.64M	10.13M	10.66M
Total Debt	23.57M	29.55M	30.80M	31.04M	25.00M	43.26M
Total Liabilities	49.45M	75.02M	63.47M	102.37M	114.23M	103.22M
Stockholders Equity	57.21M	56.90M	77.45M	76.79M	106.83M	104.59M
Cash Flow
Free Cash Flow	4.58M	-12.35M	29.38M	-1.27M	17.73M	12.26M
Operating Cash Flow	4.72M	-12.25M	30.91M	-994.00K	23.19M	16.41M
Investing Cash Flow	-110.00K	67.00K	-1.38M	-279.00K	-5.46M	-3.96M
Financing Cash Flow	-15.36M	-2.98M	-12.31M	3.78M	-18.26M	-7.03M

Ling Yui Holdings Limited Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 0.12
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For HK:0784, the sentiment is Positive. The current price of 0.12 is below the 20-day moving average (MA) of 0.22, below the 50-day MA of 0.17, and above the 200-day MA of 0.11, indicating a bullish trend. The MACD of 0.02 indicates Positive momentum. The RSI at 64.89 is Neutral, neither overbought nor oversold. The STOCH value of 68.75 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for HK:0784.

Ling Yui 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%
1637	58 Neutral	HK$164.00M	-5.15	4.40%	―	-40.54%	―
0784	54 Neutral	HK$200.00M	48.23	-31.99%	―	-9.05%	-678.72%
1472	50 Neutral	HK$80.00M	-1.24	-4.84%	―	71.16%	-67.47%
3789	49 Neutral	HK$130.80M	4.72	0.18%	―	-2.05%	―
1591	47 Neutral	HK$74.13M	-1.08	-12.80%	―	11.27%	-1272.22%
1546	45 Neutral	HK$154.40M	-0.77	-41.65%	―	54.20%	-833.33%