Skymission Group Holdings Limited (1429) AI Stock Analysis

• Market Cap: HK$96.00M
• Dividend Yield: N/A
• Average Volume (3M): 1.01M
• Price to Earnings (P/E): ―
• Beta (1Y): 0.39
• Revenue Growth: -4.16%
• EPS Growth: -643.18%
• Country: HK
• Employees: 818
• Sector: Industrials
• Sector Strength: 85
• Industry: Engineering & Construction
• EPS (TTM): -0.01
• Shares Outstanding: 1,600,000,000
• 10 Day Avg. Volume: 1,758,400
• 30 Day Avg. Volume: 1,013,600
• PEG Ratio: 0.19
• Price to Book (P/B): 0.24
• Price to Sales (P/S): 0.00
• P/FCF Ratio: -30.02
• 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

• Rating: 44 Neutral
• Price Target: ―

The overall score of 44 reflects significant financial challenges, particularly in cash flow and profitability, which are critical areas of concern. The technical analysis indicates a lack of momentum, while the negative P/E ratio underscores valuation difficulties. The strong equity base provides some financial stability, but the company must address operational inefficiencies to improve its financial health.

Skymission Group Holdings Limited Business Overview & Revenue Model

Company Description

Skymission Group Holdings Limited, an investment holding company, operates as a formwork works subcontractor in Hong Kong. The company offers its services to construction companies operating in public and private sector construction works sectors. It is also involved in the supply of metal scaffold equipment and related parts. The company was formerly known as Skymission (Global) Group Holdings Limited and changed its name to Skymission Group Holdings Limited. The company was founded in 1998 and is headquartered in Tsuen Wan, Hong Kong. Skymission Group Holdings Limited is a subsidiary of Sky Mission Group Limited.

How the Company Makes Money

Skymission Group Holdings Limited makes money through its core business operations in the construction and engineering sectors. Its primary revenue streams come from contracts for building construction and renovation projects, as well as electrical and mechanical engineering services. The company bids for and secures contracts from both private and public sector clients, allowing it to generate income through the successful completion of these projects. Additionally, strategic partnerships with suppliers and subcontractors, along with effective project management, contribute to the company's profitability by optimizing costs and timelines.

Skymission Group Holdings Limited Financial Statement Overview

Summary

Skymission Group Holdings Limited is facing financial headwinds, with declining revenues and profitability margins. The balance sheet shows a strong equity base, but cash flow issues warrant attention. The company needs to improve operational efficiency and cash flow management to stabilize its financial position.

Income Statement

The company experienced a revenue decline from the previous year, with a negative revenue growth rate of -0.77%. Gross profit margin decreased significantly, indicating increased costs or reduced pricing power. The net profit margin turned negative, reflecting operational challenges, as evidenced by a negative EBIT and EBITDA margin.

Balance Sheet

The company's debt-to-equity ratio is stable, indicating manageable leverage levels. However, the return on equity (ROE) has turned negative due to net losses. The equity ratio remains strong at 76.89%, suggesting a robust capital structure with a high proportion of equity financing.

Cash Flow

The company faces cash flow challenges with a significant decline in operating cash flow and negative free cash flow. The operating cash flow to net income ratio is negative, indicating inefficiencies in converting earnings to cash. Free cash flow to net income is also negative, highlighting cash management issues.

Breakdown
TTM	Mar 2024	Mar 2023	Mar 2022	Mar 2021	Mar 2020
Income Statement		Total Revenue
529.42M	608.08M	612.78M	538.36M	534.28M	434.62M
	Gross Profit
-3.81M	8.70M	44.54M	56.14M	71.90M	79.25M
	EBIT
-32.58M	-25.26M	20.61M	35.61M	54.60M	66.91M
	EBITDA
-23.81M	-16.52M	51.24M	50.67M	77.93M	54.45M
	Net Income Common Stockholders
-52.36M	-32.40M	30.58M	28.79M	60.61M	38.01M
Balance Sheet		Cash, Cash Equivalents and Short-Term Investments
10.10M	13.41M	24.55M	32.37M	56.68M	43.86M
	Total Assets
410.88M	466.06M	490.50M	444.75M	428.98M	339.57M
	Total Debt
56.18M	54.98M	49.41M	51.86M	43.73M	16.70M
	Net Debt
46.19M	41.57M	24.86M	19.49M	-12.94M	-27.15M
	Total Liabilities
76.69M	107.69M	96.82M	84.56M	97.57M	175.84M
	Stockholders Equity
334.19M	358.37M	393.69M	360.19M	331.40M	163.73M
Cash Flow		Free Cash Flow
-18.26M	-14.57M	-3.09M	-32.20M	-120.18M	-4.01M
	Operating Cash Flow
-18.76M	-14.57M	-3.09M	-24.36M	-75.25M	-3.98M
	Investing Cash Flow
498.00K	0.00	0.00	-7.84M	-44.93M	-25.00K
	Financing Cash Flow
13.43M	3.43M	-4.73M	7.90M	133.00M	13.95M

Skymission Group Holdings Limited Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 0.06
• 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:1429, the sentiment is Positive. The current price of 0.06 is above the 20-day moving average (MA) of 0.05, above the 50-day MA of 0.04, and above the 200-day MA of 0.03, indicating a bullish trend. The MACD of <0.01 indicates Negative momentum. The RSI at 75.44 is Negative, neither overbought nor oversold. The STOCH value of 78.95 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for HK:1429.

Skymission Group Holdings Limited Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
Sector *	66 Neutral	$4.47B	12.21	5.40%	3.65%	4.14%	-12.00%
1413	60 Neutral	HK$92.40M	25.67	1.01%	―	63.90%	-79.02%
3878	57 Neutral	HK$93.04M	12.28	2.81%	―	-46.10%	-38.04%
1751	48 Neutral	HK$94.35M	195.00	2.09%	―	-19.85%	-71.83%
1429	44 Neutral	HK$96.00M	―	-14.47%	―	-4.16%	-643.18%
8262	44 Neutral	HK$96.02M	―	-11.75%	―	33.77%	56.47%
2193	38 Underperform	HK$99.02M	―	-7.81%	17.86%	-12.81%	-224.37%