Khoon Group Limited (0924) AI Stock Analysis

• Market Cap: HK$400.00M
• Dividend Yield: N/A
• Average Volume (3M): 30.40K
• Price to Earnings (P/E): 117.6
• Beta (1Y): 0.24
• Revenue Growth: 39.98%
• EPS Growth: N/A
• Country: HK
• Employees: 217
• Sector: Industrials
• Sector Strength: 89
• Industry: Engineering & Construction
• EPS (TTM): <0.01
• Shares Outstanding: 1,000,000,000
• 10 Day Avg. Volume: 61,600
• 30 Day Avg. Volume: 30,400
• PEG Ratio: 1.15
• Price to Book (P/B): 1.82
• Price to Sales (P/S): 0.00
• P/FCF Ratio: -206.22
• 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: 59 Neutral
• Price Target: ―

Khoon Group Limited shows strong revenue growth and a solid balance sheet, but faces challenges with profitability and cash flow. The technical analysis suggests positive price momentum, though caution is warranted due to high RSI levels. Valuation is a significant concern due to the high P/E ratio, indicating potential overvaluation.

Khoon Group Limited Business Overview & Revenue Model

Company Description

Khoon Group Limited (0924) is a construction firm primarily engaged in providing electrical engineering services for construction projects. The company operates within the construction and engineering sectors, offering a range of services such as electrical installation works, maintenance, and system upgrading for both public and private sector clients.

How the Company Makes Money

Khoon Group Limited generates revenue through its comprehensive suite of electrical engineering services. The company's key revenue streams consist of project-based contracts with clients in both the public and private sectors. These contracts typically involve the installation, maintenance, and upgrading of electrical systems in various construction projects. The company may also derive revenue from long-term maintenance agreements and partnerships with other construction firms, contributing to a stable income flow. Factors such as the scale of projects, duration of contracts, and the company's ability to secure repeat business play a significant role in its earnings.

Khoon Group Limited Financial Statement Overview

Summary

Khoon Group Limited demonstrates robust revenue growth and a strong balance sheet with minimal leverage. However, profitability and cash flow generation pose challenges, with negative free cash flow and low net profit margins. Strengthening operational efficiencies and cash management will be crucial for future financial performance improvements.

Income Statement

Khoon Group Limited has shown significant revenue growth, with TTM revenue rising to approximately $81 million from $69 million annually. However, profitability remains a concern as the net profit margin is low at 0.7% TTM due to high costs, despite improved gross profit margins. EBIT and EBITDA margins have also improved but remain modest, indicating potential for further efficiency improvements.

Balance Sheet

The company maintains a solid equity base with a strong equity ratio of over 73% TTM. The debt-to-equity ratio is low, reflecting conservative leverage practices. However, return on equity is currently low at 1.6% TTM, suggesting limited profitability relative to equity. Overall, the balance sheet reflects financial stability with low risk of solvency issues.

Cash Flow

Khoon Group has been experiencing negative free cash flow, although the TTM shows a slight improvement. The operating cash flow to net income ratio is negative, indicating challenges in converting income into cash. Despite capital expenditure control, the company needs to enhance cash generation from operations to sustain growth.

Breakdown	Jun 2024	Jun 2023	Jun 2022	Jun 2021	Jun 2020
Income Statement
Total Revenue	69.51M	50.61M	23.06M	26.30M	37.90M
Gross Profit	5.89M	2.47M	1.43M	2.23M	6.87M
EBITDA	618.44K	-1.31M	-129.32K	573.06K	5.12M
Net Income	-8.90K	-1.55M	-617.84K	-183.13K	3.70M
Balance Sheet
Total Assets	52.43M	50.54M	50.67M	61.28M	66.89M
Cash, Cash Equivalents and Short-Term Investments	7.07M	10.18M	12.94M	17.75M	21.33M
Total Debt	736.29K	147.66K	267.49K	297.94K	260.37K
Total Liabilities	16.25M	14.13M	12.93M	22.92M	28.35M
Stockholders Equity	36.17M	36.41M	37.74M	38.36M	38.55M
Cash Flow
Free Cash Flow	-3.10M	-3.61M	-5.02M	-2.97M	-5.76M
Operating Cash Flow	-3.07M	-3.58M	-4.98M	-2.73M	-5.49M
Investing Cash Flow	142.47K	1.18M	-15.72K	5.50M	-5.54M
Financing Cash Flow	-216.51K	-135.34K	-132.95K	-153.37K	20.33M

Khoon Group Limited Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 0.40
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Positive
• RSI: Positive
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For HK:0924, the sentiment is Negative. The current price of 0.4 is below the 20-day moving average (MA) of 0.43, below the 50-day MA of 0.44, and below the 200-day MA of 0.47, indicating a bearish trend. The MACD of -0.01 indicates Positive momentum. The RSI at 9.05 is Positive, neither overbought nor oversold. The STOCH value of 58.33 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for HK:0924.

Khoon Group Limited Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
2283	80 Outperform	HK$1.88B	7.17	15.42%	7.05%	21.20%	28.15%
3828	74 Outperform	HK$619.51M	4.30	11.13%	16.47%	11.80%	37.53%
1731	74 Outperform	HK$907.20M	3.90	18.71%	8.64%	16.66%	99.90%
0924	59 Neutral	HK$400.00M	117.65	1.59%	―	39.98%	―
Sector *	58 Neutral	HK$14.16B	4.53	-3.01%	6.82%	3.67%	-54.16%
0127	48 Neutral	HK$2.52B	―	-16.07%	2.27%	-16.08%	-2842.43%
0617	44 Neutral	HK$339.95M	―	-18.37%	―	-2.69%	-53.59%

Khoon Group Limited Corporate Events

Khoon Group Limited Reports Positive Interim Results for 2024

Khoon Group Limited announced its unaudited consolidated interim results for the six months ended December 31, 2024, reporting a revenue increase to S$44.19 million from S$32.21 million in the same period of 2023. The company achieved a profit of S$157,445 compared to a loss of S$424,387 in the previous year, indicating a positive turnaround in its financial performance.

Khoon Group Limited Announces Positive Profit Outlook Amid Rising Construction Demand

Khoon Group Limited announced a positive shift in its financial performance, expecting a net profit of approximately S$0.3 million for the six months ended December 31, 2024, reversing a net loss from the previous year. This improvement is largely attributed to increased construction demand in Singapore, though the results are preliminary and have not been audited.

Khoon Group Limited Schedules Interim Results Board Meeting

Khoon Group Limited has announced a board meeting scheduled for February 25, 2025, to consider and approve the interim results for the six months ending December 31, 2024. The meeting will also discuss the potential payment of an interim dividend. This announcement indicates the company’s ongoing commitment to transparent financial reporting and shareholder engagement. The outcomes of this meeting could influence investor sentiment and market positioning for Khoon Group Limited.