Integrated Waste Solutions Group Holdings Limited (0923) AI Stock Analysis

• Market Cap: HK$72.35M
• Dividend Yield: N/A
• Average Volume (3M): 502.53K
• Price to Earnings (P/E): ―
• Beta (1Y): 1.06
• Revenue Growth: 7.90%
• EPS Growth: -44.09%
• Country: HK
• Employees: 106
• Sector: Industrials
• Sector Strength: 91
• Industry: Waste Management
• EPS (TTM): -0.01
• Shares Outstanding: 4,823,009,000
• 10 Day Avg. Volume: 88,000
• 30 Day Avg. Volume: 502,533
• PEG Ratio: N/A
• Price to Book (P/B): 0.10
• Price to Sales (P/S): 0.00
• P/FCF Ratio: -3.37
• 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

The company faces significant financial challenges, including sustained losses, declining revenues, and negative cash flow, which are the primary factors impacting the stock score. While there are some positive technical indicators, they do not offset the financial difficulties. The negative P/E ratio and lack of dividend yield further reflect limited investor confidence in the company's near-term prospects.

Integrated Waste Solutions Group Holdings Limited Business Overview & Revenue Model

Company Description

Integrated Waste Solutions Group Holdings Limited (0923) is a company primarily engaged in the provision of waste management solutions. The company operates in sectors including waste collection, recycling, and treatment services. Its core services involve the management of both hazardous and non-hazardous waste, aiming to provide environmentally sustainable solutions to waste challenges faced by businesses and municipalities.

How the Company Makes Money

Integrated Waste Solutions Group Holdings Limited makes money through a diversified revenue model centered on waste management services. Key revenue streams include fees from waste collection and disposal services, as well as income from recycling operations where materials like paper, plastics, and metals are processed and sold. The company may also generate revenue through partnerships with local governments and industries, providing tailored waste management solutions and consultancy services. Additionally, the company might engage in the sale of by-products derived from waste treatment processes, contributing to its earnings.

Integrated Waste Solutions Group Holdings Limited Financial Statement Overview

Summary

Integrated Waste Solutions Group Holdings Limited faces significant financial challenges, characterized by sustained losses and declining revenues. Despite a strong equity base, the company struggles with profitability and cash flow generation, which poses risks to its financial stability. Addressing operational inefficiencies and improving cost management are crucial steps for financial recovery.

Income Statement

The company has been experiencing a decline in revenue with a 0.85% revenue growth rate in the latest year. The gross profit margin is negative, indicating cost issues. The net profit margin is deeply negative at -151.59%, reflecting significant losses. EBIT and EBITDA margins are also negative, indicating operational inefficiencies.

Balance Sheet

The company maintains a strong equity position with an equity ratio of 92.11%. However, the debt-to-equity ratio is low (0.07), indicating high reliance on equity. The return on equity is negative due to ongoing losses, which is a concern for financial stability.

Cash Flow

The company is facing challenges with negative operating cash flow and free cash flow growth. The free cash flow decreased significantly from the previous year. The operating cash flow to net income ratio is unfavorable due to negative cash flow and net income.

Breakdown
TTM	Mar 2024	Mar 2023	Mar 2022	Mar 2021	Mar 2020
Income Statement		Total Revenue
44.24M	42.70M	42.34M	42.12M	51.33M	104.30M
	Gross Profit
24.88M	25.35M	-532.00K	-487.00K	1.72M	19.21M
	EBIT
-68.61M	-68.47M	-48.03M	-51.31M	-52.08M	-77.55M
	EBITDA
-40.97M	-37.52M	-12.44M	-7.64M	-2.56M	-44.08M
	Net Income Common Stockholders
-64.65M	-64.73M	-39.80M	-27.58M	-23.89M	-77.59M
Balance Sheet		Cash, Cash Equivalents and Short-Term Investments
219.10M	50.68M	74.40M	76.46M	78.33M	98.96M
	Total Assets
1.10B	771.58M	790.69M	833.03M	862.29M	892.09M
	Total Debt
0.00	50.39M	392.00K	0.00	72.00K	2.11M
	Net Debt
-39.86M	-285.00K	-74.01M	-76.46M	-78.26M	-96.85M
	Total Liabilities
27.10M	60.80M	13.57M	13.72M	15.10M	23.88M
	Stockholders Equity
1.07B	710.93M	776.98M	818.34M	845.46M	868.21M
Cash Flow		Free Cash Flow
-21.44M	-24.45M	4.58M	-15.19M	-3.28M	-3.48M
	Operating Cash Flow
-20.69M	-19.24M	4.81M	-13.28M	-2.76M	-2.69M
	Investing Cash Flow
-48.50M	-53.49M	-6.87M	11.48M	-16.64M	-57.25M
	Financing Cash Flow
47.20M	49.01M	381.00K	-76.00K	-1.22M	-1.77M

Integrated Waste Solutions Group Holdings Limited Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 0.02
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Positive
• RSI: Neutral
• STOCH: Negative

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For HK:0923, the sentiment is Positive. The current price of 0.02 is above the 20-day moving average (MA) of 0.02, above the 50-day MA of 0.02, and above the 200-day MA of 0.02, indicating a bullish trend. The MACD of <0.01 indicates Positive momentum. The RSI at 57.92 is Neutral, neither overbought nor oversold. The STOCH value of 350.00 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for HK:0923.

Integrated Waste Solutions Group Holdings Limited Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
1330	74 Outperform	€9.31B	8.98	7.85%	6.75%	-9.43%	4.26%
Sector *	64 Neutral	$4.43B	12.01	5.16%	249.23%	4.03%	-11.73%
0863	61 Neutral	HK$6.73B	142.63	6.56%	―	78.59%	―
0951	60 Neutral	$1.47B	4.68	4.62%	3.98%	22.79%	-19.19%
1195	52 Neutral	HK$54.99M	―	-10.07%	―	4.52%	56.52%
1466	51 Neutral	$525.23M	―	-14.00%	―	60.41%	-185.00%
0923	36 Underperform	HK$72.35M	―	-8.94%	―	7.90%	-44.09%

Integrated Waste Solutions Group Holdings Limited Corporate Events

Integrated Waste Solutions Group Considers Lease Surrender Amid Economic Challenges

Integrated Waste Solutions Group Holdings Limited has announced a potential substantial disposal involving the surrender of a lease for a waste recovery center in Tseung Kwan O Industrial Estate. This decision comes after the discontinuation of part of its recycling business, leading to under-utilization of the premises. The company has offered to surrender the lease at zero cost to the Hong Kong Science and Technology Parks Corporation, aiming to minimize financial and operational impacts in light of the current economic environment. This move could significantly affect the company’s operations and industry positioning, as it seeks shareholder approval to proceed.

Integrated Waste Solutions Issues Profit Warning Amid Market Challenges

Integrated Waste Solutions Group Holdings Limited has issued a profit warning, indicating a significant increase in losses for the fiscal year ending March 2025. The anticipated loss, expected to rise by 95% to 104% compared to the previous year, is primarily due to impairment provisions related to its investments in hazardous waste treatment projects in Mainland China, which are suffering from adverse market conditions and intense competition.