Kelfred Holdings Limited (1134) AI Stock Analysis

• Market Cap: HK$110.00M
• Dividend Yield: N/A
• Average Volume (3M): 1.99M
• Price to Earnings (P/E): ―
• Beta (1Y): -0.05
• Revenue Growth: 26.06%
• EPS Growth: 13.23%
• Country: HK
• Employees: 1,025
• Sector: Healthcare
• Sector Strength: 45
• Industry: Medical - Instruments & Supplies
• EPS (TTM): >-0.01
• Shares Outstanding: 500,000,000
• 10 Day Avg. Volume: 4,113,200
• 30 Day Avg. Volume: 1,994,133
• PEG Ratio: <0.01
• Price to Book (P/B): 0.78
• Price to Sales (P/S): 0.27
• P/FCF Ratio: 9.77
• 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: 43 Neutral
• Price Target: HK$0.21 ▲(17.78% Upside)

Kelfred Holdings Limited is currently facing significant financial and operational challenges, as evidenced by declining revenue, negative profitability, and weak cash flow management. The technical indicators suggest weak market momentum, and the valuation metrics highlight unprofitability. These factors collectively result in a low overall stock score.

Positive Factors

Low Leverage

Low leverage provides financial flexibility and reduces risk, allowing the company to withstand economic downturns and invest in growth opportunities.

Revenue Growth Potential

Strong revenue growth potential suggests the company is well-positioned to capitalize on market opportunities, enhancing long-term shareholder value.

Strong Equity Position

A strong equity position indicates financial stability and the ability to support future investments and absorb potential losses.

Negative Factors

Negative Profitability

Negative profitability reflects operational inefficiencies and challenges in cost management, potentially hindering future growth and investment capacity.

Weak Cash Flow

Weak cash flow limits the company's ability to fund operations, invest in growth, and meet financial obligations, posing a risk to long-term sustainability.

Declining Revenue

Declining revenue indicates potential market share loss or reduced demand, which could impact the company's competitive position and future profitability.

Kelfred Holdings Limited Business Overview & Revenue Model

Company Description

Kelfred Holdings Limited (1134) is a diversified investment holding company based in [location]. The company operates across various sectors, including real estate development, investment, and management. Kelfred Holdings is involved in acquiring and managing properties, providing asset management services, and engaging in property development projects. With a focus on maximizing shareholder value, the company aims to capitalize on growth opportunities in both residential and commercial real estate markets.

How the Company Makes Money

Kelfred Holdings Limited generates revenue primarily through its real estate operations, which include rental income from its property portfolio and profits from property sales and development projects. The company earns significant revenue from leasing commercial and residential properties, which provides a steady cash flow. Additionally, Kelfred engages in property development, transforming land into functional spaces that can be sold or leased for profit. The company may also earn fees from asset management services provided to third-party clients. Strategic partnerships with other developers and investors can enhance its project scope, leading to increased revenue opportunities. Market demand for real estate and favorable economic conditions are critical factors that contribute to Kelfred's earnings.

Kelfred Holdings Limited Financial Statement Overview

Summary

Kelfred Holdings Limited is facing significant financial challenges, with declining revenue and negative profitability impacting overall financial health. The balance sheet indicates low leverage, but the negative return on equity suggests inefficiencies in generating profits. The cash flow situation is concerning, with zero operating and free cash flows, indicating potential liquidity risks.

Income Statement

Kelfred Holdings Limited shows declining revenue and profitability. The revenue decreased by 2.54% in 2024 compared to 2023. Gross profit margin fell to 9.84% in 2024 from 14.5% in 2023. Net profit margin turned negative at -4.77% in 2024, significantly down from 0.35% in 2023. The company also reported negative EBIT (-4.29%) and EBITDA (-3.77%) margins in 2024, indicating operational struggles.

Balance Sheet

The balance sheet reflects moderate stability with a debt-to-equity ratio of 0.08 in 2024, indicating low leverage. However, the return on equity is negative at -13.83%, highlighting unprofitability. The equity ratio is 55.28%, showing a strong equity position but a decrease from 2023's 69.38%, indicating increased liabilities relative to assets.

Cash Flow

Kelfred Holdings Limited exhibits weak cash flow performance with a negative free cash flow in 2024. Free cash flow was zero, compared to -20323000 in 2023. Operating cash flow to net income and free cash flow to net income ratios are indeterminate due to zero operating and free cash flows, signaling cash flow management concerns.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	498.69M	453.58M	393.28M	465.43M	434.73M	354.18M
Gross Profit	58.09M	44.66M	56.98M	76.02M	68.44M	60.14M
EBITDA	145.25K	-17.07M	14.24M	21.11M	13.11M	1.85M
Net Income	-14.10M	-21.63M	1.39M	9.18M	-2.14M	-13.40M
Balance Sheet
Total Assets	245.56M	282.93M	264.00M	251.90M	268.13M	287.17M
Cash, Cash Equivalents and Short-Term Investments	29.59M	27.81M	20.33M	46.40M	36.93M	76.38M
Total Debt	9.08M	12.56M	15.22M	2.01M	4.00M	13.49M
Total Liabilities	89.18M	126.49M	80.81M	65.32M	81.80M	101.95M
Stockholders Equity	156.38M	156.43M	183.19M	186.57M	186.33M	185.22M
Cash Flow
Free Cash Flow	17.01M	12.54M	-20.32M	14.59M	-27.01M	16.68M
Operating Cash Flow	21.71M	17.49M	-4.63M	19.28M	-21.87M	22.01M
Investing Cash Flow	-4.88M	-4.80M	-16.61M	-5.21M	-5.73M	-5.19M
Financing Cash Flow	-6.01M	-5.03M	-4.25M	-3.65M	-11.74M	-23.90M

Kelfred Holdings Limited Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 0.18
• 50DMA: Negative
• 100DMA: Positive
• 200DMA: Positive
• MACD: Positive
• RSI: Neutral
• STOCH: Positive

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For HK:1134, the sentiment is Negative. The current price of 0.18 is below the 20-day moving average (MA) of 0.31, below the 50-day MA of 0.24, and below the 200-day MA of 0.21, indicating a neutral trend. The MACD of <0.01 indicates Positive momentum. The RSI at 32.41 is Neutral, neither overbought nor oversold. The STOCH value of 5.54 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for HK:1134.

Kelfred Holdings Limited Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
3600	74 Outperform	€5.18B	10.92	17.42%	3.90%	6.87%	18.37%
2276	72 Outperform	HK$22.89B	39.61	24.57%	0.61%	13.58%	24.59%
Sector *	51 Neutral	$7.86B	-0.30	-43.30%	2.27%	22.53%	-2.21%
0876	50 Neutral	€332.78M	-12.42	―	―	-8.46%	45.13%
0907	49 Neutral	€62.85M	―	40.65%	―	198.46%	―
1134	43 Neutral	HK$110.00M	―	-8.72%	―	26.06%	13.23%

Kelfred Holdings Limited Corporate Events

Kelfred Holdings Faces Potential Share Disposal and Market Movements

Kelfred Holdings Limited has announced unusual price and trading volume movements in its shares on the Hong Kong Stock Exchange. The controlling shareholder, Conquer Holding Limited, is in discussions with a potential purchaser for the possible disposal of approximately 54.19% of the company’s total issued share capital. If the disposal proceeds, it could lead to a mandatory general offer for all issued shares, as per the Takeovers Code. However, no formal agreement has been reached, and the outcome remains uncertain.

The most recent analyst rating on (HK:1134) stock is a Hold with a HK$0.50 price target. To see the full list of analyst forecasts on Kelfred Holdings Limited stock, see the HK:1134 Stock Forecast page.

Kelfred Holdings Announces Trading Halt Pending Major Announcement

Kelfred Holdings Limited has announced a trading halt on its shares on The Stock Exchange of Hong Kong Limited as of 9:00 a.m. on November 4, 2025. This halt is pending the release of an announcement related to the Hong Kong Code on Takeovers and Mergers, which contains inside information about the company.

Kelfred Holdings Limited Releases Interim Financial Results for First Half of 2025

Kelfred Holdings Limited has announced its unaudited condensed consolidated financial results for the six months ending June 30, 2025. The interim results comply with the relevant requirements of the Listing Rules, and the printed version of the interim report will be dispatched to shareholders and made available on the company’s and Stock Exchange’s websites. This announcement reflects the company’s ongoing commitment to transparency and regulatory compliance, potentially impacting stakeholder confidence and market positioning.