Tesson Holdings Ltd. (1201) AI Stock Analysis

• Market Cap: HK$415.59M
• Dividend Yield: N/A
• Average Volume (3M): 35.89K
• Price to Earnings (P/E): ―
• Beta (1Y): 1.06
• Revenue Growth: -51.64%
• EPS Growth: 55.46%
• Country: HK
• Employees: 123
• Sector: Industrials
• Sector Strength: 72
• Industry: Real Estate - Development
• EPS (TTM): -0.11
• Shares Outstanding: 319,685,240
• 10 Day Avg. Volume: 26,460
• 30 Day Avg. Volume: 35,886
• PEG Ratio: -0.19
• Price to Book (P/B): 1.35
• Price to Sales (P/S): 6.75
• P/FCF Ratio: -10.66
• 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: 48 Neutral
• Price Target: HK$1.50 ▲(3.45% Upside)

The overall stock score is primarily impacted by the company's weak financial performance, characterized by declining revenues and high leverage. While technical analysis shows positive momentum, the overbought indicators suggest caution. The negative P/E ratio and lack of dividend yield further contribute to a low valuation score.

Positive Factors

Diversified Revenue Streams

The company's diversified revenue streams from real estate, financial services, and investments provide resilience against sector-specific downturns and support long-term stability.

Strategic Partnerships

Strategic partnerships expand market access and investment opportunities, potentially driving growth and competitive advantage over the long term.

Improving Leverage

Slight improvements in leverage indicate efforts to stabilize financial health, potentially enhancing financial flexibility and reducing risk over time.

Negative Factors

Declining Revenues

Consistent revenue decline suggests challenges in market demand or competitive positioning, impacting long-term growth prospects and financial sustainability.

High Leverage

High leverage can strain financial resources and limit strategic flexibility, posing risks to long-term operational stability and growth.

Negative Profit Margins

Negative profit margins highlight cost management challenges and operational inefficiencies, which could hinder profitability and cash flow generation over time.

Tesson Holdings Ltd. Business Overview & Revenue Model

Company Description

Tesson Holdings Ltd. (1201) is a diversified investment holding company based in Hong Kong, primarily engaged in sectors including real estate, financial services, and manufacturing. The company focuses on acquiring and managing a range of assets to generate sustainable returns. Its core offerings encompass property development and investment, as well as providing financial solutions and services across various markets.

How the Company Makes Money

Tesson Holdings Ltd. generates revenue through multiple streams, primarily from its real estate ventures, which include leasing commercial and residential properties and engaging in property development projects. Additionally, the company earns income from its financial services segment, which may involve investment management, advisory services, and potentially brokerage activities. Key revenue streams also include returns on investments in various sectors, as well as any dividends or capital gains realized from its equity holdings. Strategic partnerships with local and international firms further enhance its revenue potential by providing access to new markets and investment opportunities.

Tesson Holdings Ltd. Financial Statement Overview

Summary

Tesson Holdings Ltd. is facing considerable financial difficulties, characterized by declining revenues, negative profitability, and high leverage. The company's financial statements suggest that it is under pressure to manage costs, improve operational efficiency, and stabilize its cash flows to regain a healthier financial position.

Income Statement

The income statement reveals significant challenges with profitability and revenue trends. Gross profit margins have turned negative, signaling cost issues, while net profit margins are deeply negative, indicating sustained losses. Revenue has declined consistently over the past years, with the most recent year showing a severe drop of nearly 48.4%. Both EBIT and EBITDA margins are negative, which reflects operating inefficiencies and potential liquidity issues.

Balance Sheet

The balance sheet indicates a high level of leverage, with a debt-to-equity ratio that remains concerning, although it has improved slightly over the years. Return on equity is negative due to persistent losses. The equity ratio is relatively stable, which suggests some asset stability, but overall, the financial health is weakened by high liabilities relative to equity.

Cash Flow

Cash flow analysis shows instability, with operating cash flow frequently negative and significant fluctuations in free cash flow due to inconsistent capital expenditures and operating performance. Free cash flow growth is negative, and the ratios of operating and free cash flow to net income highlight challenges in translating revenue into cash.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	46.09M	66.71M	129.16M	94.40M	159.84M	762.89M
Gross Profit	-1.68M	-2.95M	2.19M	8.02M	11.43M	247.95M
EBITDA	-38.88M	-76.86M	-24.15M	-53.47M	-194.01M	201.23M
Net Income	-82.49M	-142.89M	-89.73M	-196.06M	-326.94M	-25.20M
Balance Sheet
Total Assets	391.82M	420.16M	599.03M	696.85M	2.53B	2.99B
Cash, Cash Equivalents and Short-Term Investments	1.24M	9.58M	2.65M	6.36M	12.70M	15.20M
Total Debt	23.39M	33.02M	53.30M	62.28M	230.02M	271.75M
Total Liabilities	307.72M	307.24M	371.51M	356.29M	1.74B	1.75B
Stockholders Equity	308.95M	333.98M	418.03M	528.78M	764.59M	1.05B
Cash Flow
Free Cash Flow	-9.76M	-42.22M	-6.82M	7.96M	-50.12M	-8.45M
Operating Cash Flow	-8.21M	-40.61M	-3.26M	27.90M	-26.57M	935.00K
Investing Cash Flow	-1.54M	-1.60M	16.89M	171.02M	22.10M	-17.91M
Financing Cash Flow	8.31M	48.21M	-14.06M	-189.12M	-1.00M	-39.30M

Tesson Holdings Ltd. Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 1.45
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Negative
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For HK:1201, the sentiment is Positive. The current price of 1.45 is above the 20-day moving average (MA) of 0.99, above the 50-day MA of 0.84, and above the 200-day MA of 0.69, indicating a bullish trend. The MACD of 0.15 indicates Negative momentum. The RSI at 70.10 is Negative, neither overbought nor oversold. The STOCH value of 75.14 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for HK:1201.

Tesson Holdings Ltd. 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%
0262	57 Neutral	HK$149.62M	-2.29	-4.90%	―	-47.80%	11.98%
6999	49 Neutral	€120.15M	-0.05	―	―	-54.30%	-57.24%
1201	48 Neutral	HK$415.59M	-3.49	-23.48%	―	-51.64%	55.46%
2286	48 Neutral	HK$139.20M	-0.46	-24.92%	―	-81.10%	-114.54%
1232	38 Underperform	HK$72.86M	-0.13	―	―	-69.85%	55.83%

Tesson Holdings Ltd. Corporate Events

Tesson Holdings Announces New Share Issuance to Raise HK$24.65 Million

Tesson Holdings Limited, a company listed on the Hong Kong Stock Exchange, has announced the issuance of 50 million new shares under a specific mandate. The shares are priced at HK$0.50 each, representing a significant discount to recent trading prices. This move is expected to raise approximately HK$24.65 million in net proceeds, which will be used to support the company’s operations and strategic initiatives. The issuance is subject to several conditions, including approval from the Stock Exchange’s listing committee and the passing of necessary resolutions at a special general meeting.

Tesson Holdings Announces Key Executive Appointments

Tesson Holdings Limited has announced the appointment of Mr. Li Jingquan as an executive director and chief executive officer, and Mr. Li Yang as an executive director, both effective from November 27, 2025. Additionally, the remuneration of executive director Mr. Wei Mingren will be adjusted starting December 1, 2025. These changes are expected to enhance the company’s strategic positioning and operational management in the new energy vehicle industry, leveraging Mr. Li Jingquan’s extensive experience in enterprise management and innovation.

Tesson Holdings Announces Board Composition and Committee Roles

Tesson Holdings Limited, a company incorporated in Bermuda, has announced the composition of its board of directors and their respective roles within the company. This announcement includes the list of executive and independent non-executive directors, as well as the membership details of the four board committees: Audit, Remuneration, Nomination, and Internal Control. The announcement provides clarity on the governance structure of Tesson Holdings, which could impact its operational oversight and strategic direction.

Tesson Holdings Completes New Share Issuance and Alters Shareholding Structure

Tesson Holdings Limited, a company incorporated in Bermuda, has announced the successful completion of its issuance of new shares under a specific mandate and connected transactions. The company has allotted and issued 100,000,000 subscription shares at a price of HK$0.5 per share, which now represents approximately 31.28% of the company’s enlarged share capital. This move significantly alters the shareholding structure, with Double Key increasing its stake from 61.81% to 65.93%, while new shareholders Mr. Wei Mingren and Mr. Li Yuqi have acquired stakes of 4.07% and 3.75%, respectively. This strategic issuance is expected to impact the company’s market positioning and stakeholder dynamics.

Tesson Holdings Secures Unanimous Approval for Subscription Agreements at SGM

Tesson Holdings Limited, a company incorporated in Bermuda, held a Special General Meeting (SGM) on October 20, 2025, where shareholders voted on several resolutions related to subscription agreements. All proposed resolutions were passed with 100% approval from voting shareholders, despite the largest shareholder, Double Key, abstaining due to a material interest in one of the agreements. This outcome reflects strong shareholder support for the company’s strategic decisions.

Tesson Holdings Announces Special General Meeting for Strategic Approvals

Tesson Holdings Limited, a company incorporated in Bermuda, has announced a special general meeting to be held on October 20, 2025, in Hong Kong. The purpose of the meeting is to consider and approve three subscription agreements, labeled A, B, and C, which are significant for the company’s strategic operations. The approval of these agreements is expected to impact the company’s operational strategies and potentially alter its market positioning. Shareholders are encouraged to participate in the meeting to vote on these resolutions.

Tesson Holdings Announces Further Delay in Circular Dispatch

Tesson Holdings Limited, a company listed on the Hong Kong Stock Exchange, has announced a further delay in the dispatch of a circular related to the issuance of new shares under a specific mandate and connected transactions. The circular, which includes a letter of recommendation from the Independent Board Committee and advice from the independent financial adviser, was initially expected to be sent to shareholders by September 19, 2025, but has now been postponed to September 26, 2025, due to additional time required to finalize certain information.

Tesson Holdings Delays Circular Dispatch for Share Issuance

Tesson Holdings Limited, a company listed on the Hong Kong Stock Exchange, has announced a further delay in the dispatch of a circular related to the issuance of new shares under a specific mandate and connected transactions. The circular, which includes important recommendations and advice for shareholders, was initially expected to be sent out by September 12, 2025, but will now be postponed to September 19, 2025, due to the need for additional time to finalize certain information.