Balk 1798 Group Limited (HK:1010)
:1010
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Balk 1798 Group Limited
(1010)
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Rating:42Neutral
Price Target:
HK$0.07
▼(-23.33% Downside)
Action:ReiteratedDate:03/30/26
The score is primarily constrained by weak financial performance (shrinking revenue, ongoing losses, sustained cash burn, and negative equity). Technicals add further pressure with the stock trading below key moving averages and a negative MACD. Valuation provides limited support because the company is loss-making (negative P/E) and no dividend yield is available.
Positive Factors
Gross margin improvement
A ~10pp gross margin uplift in 2025 indicates structural improvement in pricing or direct cost control. Higher gross margins provide a more resilient earnings buffer, making it easier to reach operating profitability if revenue stabilizes and supporting sustainable margin recovery over the medium term.
Negative Factors
Negative shareholders' equity
Sustained negative equity signals cumulative losses and weak capitalization, limiting access to equity markets and increasing reliance on debt or extraordinary financing. This structurally raises solvency and covenant risk and constrains strategic options for 2–6 months and beyond.
Read all positive and negative factors
Positive Factors
Negative Factors
Gross margin improvement
A ~10pp gross margin uplift in 2025 indicates structural improvement in pricing or direct cost control. Higher gross margins provide a more resilient earnings buffer, making it easier to reach operating profitability if revenue stabilizes and supporting sustainable margin recovery over the medium term.
Read all positive factors
Balk 1798 Group Limited (1010) vs. iShares MSCI Hong Kong ETF (EWH)
Market Cap
HK$31.99M
Dividend YieldN/A
Average Volume (3M)1.27M
Price to Earnings (P/E)―
Beta (1Y)1.10
Revenue Growth28.17%
EPS Growth-117.24%
CountryHK
Employees36
SectorConsumer Cyclical
Sector Strength84
IndustryAirlines, Airports & Air Services
Share Statistics
EPS (TTM)-0.03
Shares Outstanding444,294,160
10 Day Avg. Volume200,000
30 Day Avg. Volume1,265,866
Financial Highlights & Ratios
PEG Ratio0.01
Price to Book (P/B)-0.25
Price to Sales (P/S)1.34
P/FCF Ratio-2.50
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
Balk 1798 Group Limited Business Overview & Revenue Model
Company Description
Sky Blue 11 Co., Ltd. is an investment holding company, which engages in the design, distribution, and trading of integrated circuits and semi-conductor parts. It operates through the following segments: Design and Sales of Integrated Circuits, Ex...
Balk 1798 Group Limited Financial Statement Overview
Summary
Income Statement
18
Very Negative
Balance Sheet
9
Very Negative
Cash Flow
12
Very Negative
| Breakdown | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 31.09M | 36.03M | 113.97M | 181.08M | 105.62M |
| Gross Profit | 21.84M | 21.63M | 31.56M | 84.59M | 35.66M |
| EBITDA | -7.16M | -84.83M | -41.51M | 9.89M | -34.88M |
| Net Income | -43.16M | -165.11M | -46.45M | -2.24M | -52.84M |
Balance Sheet | |||||
| Total Assets | 205.28M | 227.59M | 361.68M | 461.95M | 295.04M |
| Cash, Cash Equivalents and Short-Term Investments | 29.39M | 35.27M | 69.17M | 104.39M | 86.24M |
| Total Debt | 143.82M | 125.93M | 5.49M | 1.65M | 194.40M |
| Total Liabilities | 372.61M | 355.58M | 364.66M | 414.79M | 232.49M |
| Stockholders Equity | -167.32M | -127.98M | -2.98M | 47.16M | 62.55M |
Cash Flow | |||||
| Free Cash Flow | -16.73M | -131.66M | -32.63M | 19.70M | -133.67M |
| Operating Cash Flow | -16.73M | -131.66M | -32.62M | 19.73M | -131.87M |
| Investing Cash Flow | -5.00K | 403.00K | 135.00K | 177.00K | 3.31M |
| Financing Cash Flow | 17.33M | 91.30M | -2.01M | -424.00K | 188.35M |
Balk 1798 Group Limited Technical Analysis
Negative
0.09
Price Trends
0.09
Negative
0.09
Negative
0.10
Negative
Market Momentum
>-0.01
Positive
35.72
Neutral
16.67
Positive
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For HK:1010, the sentiment is Negative. The current price of 0.09 is above the 20-day moving average (MA) of 0.08, above the 50-day MA of 0.09, and below the 200-day MA of 0.10, indicating a bearish trend. The MACD of >-0.01 indicates Positive momentum. The RSI at 35.72 is Neutral, neither overbought nor oversold. The STOCH value of 16.67 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for HK:1010.
Balk 1798 Group Limited Peers Comparison
UnderperformOutperform
Sector (61)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
70 Outperform | HK$119.73M | -2.44 | -14.58% | ― | ― | ― | |
61 Neutral | $18.38B | 12.79 | -2.54% | 3.03% | 1.52% | -15.83% | |
57 Neutral | HK$68.04M | 2.72 | -0.77% | ― | 2.94% | -56.79% | |
55 Neutral | HK$96.10M | 21.68 | -12.16% | ― | -3.39% | 29.36% | |
52 Neutral | HK$203.40M | 29.71 | 3.13% | ― | 5.80% | 57.89% | |
42 Neutral | HK$31.99M | -0.97 | 26.63% | ― | 28.17% | -117.24% | |
41 Neutral | HK$84.58M | -2.67 | -42.02% | ― | 3.45% | -339.07% |
* Consumer Cyclical Sector Average
HK:1010
Balk 1798 Group Limited
0.07
-0.06
-45.04%
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Balk 1798 Group Limited Corporate Events
Sky Blue 11 Narrows Full-Year Loss Despite Lower Revenue
Feb 26, 2026
Sky Blue 11 Company Limited reported unaudited second interim results for the twelve months ended 31 December 2025, showing revenue of HK$31.1 million, down from HK$36.0 million a year earlier, while gross profit was broadly flat at HK$21.8 millio...
Sky Blue 11 Sets February Board Meeting on 2025 Interim Results and Dividend
Feb 10, 2026
Sky Blue 11 Company Limited has scheduled a board meeting for 26 February 2026 to review and potentially approve the publication of its unaudited second interim results for the twelve months ended 31 December 2025. The board will also consider whe...
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.