CTR Holdings Limited (1416) AI Stock Analysis

• Market Cap: HK$242.20M
• Dividend Yield: N/A
• Average Volume (3M): 1.06M
• Price to Earnings (P/E): 3.6
• Beta (1Y): 0.69
• Revenue Growth: 39.37%
• EPS Growth: 277.52%
• Country: HK
• Employees: 469
• Sector: Industrials
• Sector Strength: 72
• Industry: Engineering & Construction
• EPS (TTM): N/A
• Shares Outstanding: 1,400,000,000
• 10 Day Avg. Volume: 1,250,000
• 30 Day Avg. Volume: 1,059,666
• PEG Ratio: <0.01
• Price to Book (P/B): 0.20
• Price to Sales (P/S): 0.06
• P/FCF Ratio: 5.04
• 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: 68 Neutral
• Price Target: HK$0.18 ▲(0.00% Upside)

The score is mainly supported by strong financial performance (notably revenue and margin expansion) and a low P/E valuation. It is meaningfully offset by weak technical conditions (below key moving averages with negative MACD), and financial risk from the sharp decline in operating and free cash flow.

Positive Factors

Revenue and Margin Expansion

Sustained 37.7% revenue growth with rising gross and net margins indicates improving core operating performance. Over the next several months this strengthens cash-earning capacity, supports reinvestment in projects and underpins longer-term profitability resilience.

Conservative Balance Sheet & Improving ROE

Extremely low leverage and a near-doubling of ROE signal financial stability and efficient equity use. This durable strength gives flexibility to weather property cycles, fund selective projects, and access financing on favorable terms if needed.

Recurring Rental and Asset Management Revenue

A mixed model of rental income plus development and asset-management upside provides recurring cash flow and episodic capital gains. Over months this mix smooths earnings, supports cash generation during slower development phases, and enables JV scaling.

Negative Factors

Declining Operating and Free Cash Flow

A sharp drop in operating and free cash flow materially reduces internal funds available for development, capex or distributions. Persistently weaker cash generation could force asset sales, external financing, or slower project cadence, constraining strategic optionality.

Weakened Cash Conversion

Deteriorating cash conversion undermines the quality of reported earnings and signals working capital or collection tensions. Over several months this can pressure liquidity, limit reinvestment, and raise scrutiny from lenders or partners on cash reliability.

Limited Leverage Capacity for Rapid Growth

Very low debt reduces risk but constrains the company’s ability to scale development projects quickly without equity moves or partners. Over the medium term this could slow market-share gains versus competitors willing to employ higher leverage.

CTR Holdings Limited Business Overview & Revenue Model

Company Description

CTR Holdings Limited operates as a contractor specializing in structural engineering works and wet architectural works for public and private sector projects in Singapore. The company's structural engineering works comprise reinforced concrete works, which include steel reinforcement works, formwork erection, and concrete works; and precast installation works. Its wet architectural works comprise masonry building works; plastering and screeding works; tiling works; and waterproofing works. The company's public sector projects include building of hospitals and MRT stations; and private sector projects comprise building of residential estates, office buildings, and data centers. It serves contractors of various building and infrastructure projects in government departments, statutory bodies, or government-controlled entities under the public sector; and property developers under the private sector. The company was founded in 2006 and is headquartered in Singapore. CTR Holdings Limited is a subsidiary of Brave Ocean Limited.

How the Company Makes Money

CTR Holdings Limited generates revenue primarily through rental income from its property investment portfolio, which includes residential and commercial real estate. Additionally, the company earns money from property development projects by selling residential and commercial units upon completion. The company may also benefit from strategic partnerships with other developers and investors, facilitating joint ventures that can lead to profit-sharing arrangements. Furthermore, the firm's ability to manage and enhance its property assets effectively contributes significantly to its income, as improved property values can lead to increased rental yields and capital appreciation.

CTR Holdings Limited Financial Statement Overview

Summary

Strong revenue growth (+37.7% YoY) with improving gross and net margins supports a high score. Balance sheet is stable with very low leverage and improved ROE, but the score is held back by weakened cash generation as operating cash flow and free cash flow fell sharply versus last year.

Income Statement

CTR Holdings Limited has demonstrated strong revenue growth with a significant increase from HK$150.2 million in 2024 to HK$206.9 million in 2025, marking a 37.7% growth rate. The gross profit margin improved to 11.9% in 2025 from 10.3% in 2024, indicating better cost management. The net profit margin also increased to 3.8% from 1.8%, reflecting improved profitability. EBIT and EBITDA margins have shown positive trends, enhancing operational efficiency. Overall, the income statement reflects robust growth and improved profitability.

Balance Sheet

The balance sheet of CTR Holdings Limited shows a healthy equity position with a debt-to-equity ratio of 0.004, indicating low leverage. The return on equity improved to 12.9% in 2025 from 5.1% in 2024, showing efficient use of equity to generate profits. The equity ratio stands at 47.3%, suggesting a balanced capital structure. However, the relatively low total debt level limits the company's ability to leverage for growth. Overall, the balance sheet reflects financial stability with low leverage and effective equity utilization.

Cash Flow

CTR Holdings Limited's cash flow statement shows a decline in operating cash flow from HK$15.3 million in 2024 to HK$2.7 million in 2025, indicating potential challenges in cash generation from operations. The free cash flow decreased to HK$2.4 million from HK$12.4 million, reflecting reduced cash availability for investments or debt repayment. The operating cash flow to net income ratio dropped significantly, suggesting a need for improved cash conversion. Despite these challenges, the company maintains positive free cash flow, supporting its operational needs.

Breakdown	TTM	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	246.63M	206.92M	150.22M	89.75M	105.68M	35.81M
Gross Profit	29.60M	24.71M	15.41M	19.95M	8.58M	5.59M
EBITDA	14.11M	10.36M	2.51M	8.55M	-15.00K	-2.08M
Net Income	11.41M	7.77M	2.67M	6.88M	-306.00K	-3.40M
Balance Sheet
Total Assets	144.03M	127.25M	98.83M	77.53M	64.79M	54.59M
Cash, Cash Equivalents and Short-Term Investments	78.22M	48.29M	44.72M	29.74M	25.21M	25.90M
Total Debt	408.00K	237.00K	245.00K	134.00K	228.00K	0.00
Total Liabilities	77.37M	67.05M	46.49M	27.86M	21.86M	11.47M
Stockholders Equity	66.66M	60.20M	52.35M	49.68M	42.93M	43.13M
Cash Flow
Free Cash Flow	31.69M	2.39M	12.41M	5.15M	-1.57M	-4.11M
Operating Cash Flow	32.27M	2.73M	15.29M	5.48M	-905.00K	-1.85M
Investing Cash Flow	-338.00K	856.00K	1.47M	-4.71M	3.24M	-21.24M
Financing Cash Flow	-84.00K	-165.00K	-93.00K	-101.00K	-52.00K	14.00K

CTR Holdings Limited Technical Analysis

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

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For HK:1416, the sentiment is Neutral. The current price of 0.18 is above the 20-day moving average (MA) of 0.17, below the 50-day MA of 0.19, and above the 200-day MA of 0.14, indicating a neutral trend. The MACD of >-0.01 indicates Negative momentum. The RSI at 41.04 is Neutral, neither overbought nor oversold. The STOCH value of 60.00 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for HK:1416.

CTR Holdings Limited Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
1416	68 Neutral	HK$242.20M	3.55	18.54%	―	39.37%	277.52%
Sector *	63 Neutral	$10.79B	15.43	7.44%	2.01%	2.89%	-14.66%
3878	63 Neutral	HK$116.54M	29.28	1.45%	―	-19.27%	-47.47%
1751	56 Neutral	HK$519.64M	-31.02	-53.25%	―	-45.46%	-329.88%
1741	48 Neutral	HK$193.60M	-16.13	-47.66%	―	-34.70%	-388.24%
2221	48 Neutral	HK$189.21M	-1.85	-23.21%	―	38.15%	-1533.02%
2193	45 Neutral	HK$104.90M	-5.66	-6.89%	―	-1.91%	18.30%

CTR Holdings Limited Corporate Events

CTR Holdings Limited Reports Strong Interim Results with Revenue and Profit Growth

CTR Holdings Limited reported its unaudited interim results for the six months ending August 31, 2025, showing a significant increase in revenue and profit compared to the same period in 2024. The company’s revenue rose to S$133.4 million from S$92.2 million, while profit before tax increased to S$8.2 million from S$3.9 million. This growth reflects improved operational efficiency and market positioning, with the total comprehensive income for the period reaching S$6.5 million, up from S$3.0 million. The results indicate a positive trajectory for the company, suggesting potential benefits for stakeholders and reinforcing its competitive stance in the construction sector.

CTR Holdings Limited Announces Significant Profit Increase

CTR Holdings Limited has issued a positive profit alert, indicating a significant increase in profit for the six months ending August 31, 2025, compared to the same period in 2024. The profit growth is primarily due to a substantial increase in gross profit driven by timely project deliveries and accelerated contract execution, highlighting the company’s improved operational efficiency and market positioning.