Lumina Group Limited (1162) AI Stock Analysis

• Market Cap: HK$105.00M
• Dividend Yield: N/A
• Average Volume (3M): 2.37M
• Price to Earnings (P/E): ―
• Beta (1Y): 0.04
• Revenue Growth: 35.68%
• EPS Growth: 49.29%
• Country: HK
• Employees: 41
• Sector: Industrials
• Sector Strength: 72
• Industry: Security & Protection Services
• EPS (TTM): >-0.01
• Shares Outstanding: 600,000,000
• 10 Day Avg. Volume: 3,078,400
• 30 Day Avg. Volume: 2,371,466
• PEG Ratio: 0.09
• Price to Book (P/B): 0.94
• Price to Sales (P/S): 2.04
• P/FCF Ratio: -36.54
• 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: 41 Neutral
• Price Target: HK$0.17 ▼(-16.50% Downside)
• Action: Upgraded Date: 10/25/25
• Date: Action: Upgraded 10/25/25

Lumina Group Limited's overall stock score is primarily impacted by its poor financial performance, characterized by declining revenues and negative profitability. The technical analysis also indicates a bearish trend, while the valuation is unattractive due to the negative P/E ratio. The absence of earnings call data and corporate events means these factors do not influence the score.

Positive Factors

Low leverage / stable capital structure

A low debt-to-equity ratio and stable equity ratio provide enduring financial flexibility, reducing refinancing risk and giving the company time to execute operational fixes or pursue strategic initiatives. This conservative capital structure cushions setbacks over months.

Recent revenue and EPS growth metrics

Reported strong recent RevenueGrowth (~35.7%) and EPS growth (~49.3%) point to operational improvement or recovery in the latest period. If these trends persist, they can sustainably improve margins, free cash flow potential and fund medium-term stabilization or reinvestment.

Lean operating footprint

A small headcount (41 employees) implies an asset-light, scalable service model typical in security services. Lower fixed labor costs can allow faster margin expansion as revenue recovers, and makes scaling into new contracts or regions operationally simpler over months.

Negative Factors

Persistent negative profitability

Sustained negative net profit and EBIT margins indicate deeper profitability issues, eroding retained earnings and limiting the ability to self-fund operations. Without structural cost or pricing fixes, unprofitability undermines competitiveness and long-term viability.

Negative operating and free cash flows

Ongoing negative operating and free cash flows mean the business is not generating sufficient internal cash, forcing reliance on external financing. This constrains capex, working capital and contract execution, increasing liquidity and funding risk over a 2-6 month horizon.

Negative return on equity

A persistently negative return on equity signals the company is failing to convert capital into profits. This reduces investor confidence, limits access to low-cost capital, and reflects structural operational or market-position weaknesses that impede recovery.

Lumina Group Limited Business Overview & Revenue Model

Company Description

Lumina Group Limited, an investment holding company, provides fire safety services in Hong Kong. Its services include design, supply, and installation of fire safety systems, such as evacuation and electrical fire alarm systems, water and gas suppression systems, and portable fire equipment for newly built and existing buildings; and repair and maintenance services on fire safety systems. The company serves construction contractors, property owners and tenants, property managers, government-related organizations, and non-governmental organizations. The company was founded in 2005 and is headquartered in Tai Kok Tsui, Hong Kong. Lumina Group Limited operates as a subsidiary of Foxfire Limited.

Lumina Group Limited Financial Statement Overview

Summary

Lumina Group Limited faces significant financial challenges, with declining revenues, negative profitability, and cash flow issues. Despite a low leverage ratio, the company needs to address operational inefficiencies to ensure long-term sustainability.

Income Statement

Lumina Group Limited has experienced declining revenue over the past years, with a significant drop in revenue growth rate from 2020 to 2025. The company has also faced negative net profit margins and EBIT margins, indicating ongoing profitability challenges. The gross profit margin has decreased over time, reflecting potential issues in cost management or pricing strategy.

Balance Sheet

The company maintains a low debt-to-equity ratio, suggesting conservative leverage practices. However, the return on equity has been negative in recent years, highlighting inefficiencies in generating returns for shareholders. The equity ratio remains stable, indicating a solid capital structure despite profitability issues.

Cash Flow

Lumina Group Limited has struggled with negative operating and free cash flows, reflecting cash management issues. The free cash flow to net income ratio is relatively high, but this is due to negative net income figures. The company needs to improve its cash flow generation to support operations and growth.

Breakdown	Mar 2024	Mar 2023	Mar 2022	Mar 2021	Mar 2020
Income Statement
Total Revenue	32.42M	46.49M	78.45M	78.26M	57.61M
Gross Profit	6.68M	4.01M	10.45M	22.97M	15.12M
EBITDA	-14.27M	-25.43M	-22.70M	2.56M	897.00K
Net Income	-13.63M	-29.79M	-24.42M	604.00K	-483.00K
Balance Sheet
Total Assets	71.06M	95.37M	124.68M	147.83M	145.76M
Cash, Cash Equivalents and Short-Term Investments	21.63M	25.50M	50.91M	70.05M	79.86M
Total Debt	2.29M	6.01M	987.00K	2.18M	1.04M
Total Liabilities	7.80M	11.74M	11.12M	9.85M	8.38M
Stockholders Equity	70.07M	83.63M	113.57M	137.99M	137.38M
Cash Flow
Free Cash Flow	-1.81M	-18.28M	-13.75M	-870.00K	-10.64M
Operating Cash Flow	-396.00K	-17.68M	-13.63M	-771.00K	-10.62M
Investing Cash Flow	-942.00K	-3.67M	-4.33M	-2.59M	1.96M
Financing Cash Flow	-2.63M	-3.89M	-1.25M	-1.20M	-1.10M

Lumina Group Limited Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 0.20
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For HK:1162, the sentiment is Negative. The current price of 0.2 is above the 20-day moving average (MA) of 0.18, above the 50-day MA of 0.19, and below the 200-day MA of 0.23, indicating a bearish trend. The MACD of >-0.01 indicates Negative momentum. The RSI at 44.47 is Neutral, neither overbought nor oversold. The STOCH value of 73.96 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for HK:1162.

Lumina Group 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%
1710	63 Neutral	HK$248.00M	-2.39	4.83%	7.47%	4.01%	―
1705	56 Neutral	HK$192.00M	3.97	11.11%	12.66%	0.15%	-33.33%
0862	48 Neutral	HK$172.66M	-1.81	-41.80%	―	-25.59%	0.69%
1162	41 Neutral	HK$105.00M	-20.33	-18.57%	―	35.68%	49.29%