MS Group Holdings Ltd. (1451) AI Stock Analysis

• Market Cap: HK$194.11M
• Dividend Yield: 31.25%
• Average Volume (3M): 76.60K
• Price to Earnings (P/E): 4.2
• Beta (1Y): 0.15
• Revenue Growth: 41.20%
• EPS Growth: 75.40%
• Country: HK
• Employees: 818
• Sector: Consumer Cyclical
• Sector Strength: 84
• Industry: Packaging & Containers
• EPS (TTM): 0.08
• Shares Outstanding: 202,200,000
• 10 Day Avg. Volume: 59,400
• 30 Day Avg. Volume: 76,600
• PEG Ratio: 0.02
• Price to Book (P/B): 0.69
• Price to Sales (P/S): 0.37
• P/FCF Ratio: 6.81
• 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: 75 Outperform
• Price Target: HK$1.00 ▲(6.38% Upside)

MS Group Holdings Ltd. scores well due to its strong financial performance and attractive valuation. The company's robust revenue growth and profitability, coupled with a low P/E ratio and high dividend yield, make it appealing. However, technical indicators suggest caution due to potential bearish momentum.

MS Group Holdings Ltd. Business Overview & Revenue Model

Company Description

MS Group Holdings Ltd. (1451) is a diversified investment holding company based in Hong Kong, primarily engaged in the provision of engineering, construction, and maintenance services. The company operates across several sectors, including building and civil engineering, electrical and mechanical engineering, and environmental services, catering to both public and private sector clients. MS Group Holdings is also involved in property development and management, contributing to its portfolio of core products and services.

How the Company Makes Money

MS Group Holdings generates revenue primarily through its engineering and construction contracts, which include both public and private sector projects. The company earns money by providing specialized construction and maintenance services, typically charging clients based on project milestones or completion percentages. Key revenue streams include fixed-price contracts, where MS Group Holdings agrees to complete a project for a set fee, and cost-plus contracts, where they charge for the actual costs incurred plus a predetermined fee. Additionally, the company may benefit from partnerships with governmental agencies and private developers, enhancing its market presence and access to larger projects. Factors contributing to its earnings include effective project management, a strong reputation for quality, and a diversified portfolio that mitigates risks associated with market fluctuations.

MS Group Holdings Ltd. Financial Statement Overview

Summary

MS Group Holdings Ltd. exhibits strong financial health with robust revenue growth and profitability, supported by a stable balance sheet and efficient operational management. While cash flow volatility presents a potential risk, the company's overall financial position remains solid, with effective leverage management and strong returns on equity.

Income Statement

MS Group Holdings Ltd. demonstrated strong revenue growth of 40.45% in the latest year, indicating robust market demand. The gross profit margin of 27.99% and net profit margin of 11.73% reflect solid profitability, although slightly lower than previous years. The EBIT margin of 14.97% and EBITDA margin of 16.19% suggest efficient operational management. Overall, the income statement shows a positive trajectory with strong growth and profitability.

Balance Sheet

The company maintains a healthy balance sheet with a low debt-to-equity ratio of 0.063, indicating minimal leverage and financial risk. The return on equity of 21.99% is impressive, showcasing effective use of shareholder funds. The equity ratio of 77.82% underscores a strong capital structure. While the balance sheet is stable, the slight increase in debt warrants monitoring.

Cash Flow

Operating cash flow to net income ratio of 0.71 and free cash flow to net income ratio of 0.59 indicate adequate cash generation relative to profits. However, the free cash flow growth rate of -355.70% highlights significant volatility and potential cash flow management issues. Despite this, the company maintains positive operating cash flow, suggesting operational resilience.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	423.35M	421.09M	233.99M	260.14M	293.75M	248.51M
Gross Profit	113.82M	117.90M	75.13M	79.80M	86.34M	81.86M
EBITDA	64.44M	68.18M	42.54M	39.97M	42.49M	34.72M
Net Income	45.97M	49.39M	16.28M	13.80M	15.41M	14.00M
Balance Sheet
Total Assets	256.98M	288.57M	255.14M	249.29M	255.77M	238.86M
Cash, Cash Equivalents and Short-Term Investments	140.96M	114.52M	126.29M	134.80M	123.22M	121.90M
Total Debt	4.00M	14.14M	1.77M	6.01M	1.86M	6.01M
Total Liabilities	50.99M	64.07M	45.58M	41.47M	52.69M	55.78M
Stockholders Equity	205.99M	224.50M	209.57M	207.81M	203.08M	183.08M
Cash Flow
Free Cash Flow	67.92M	22.90M	5.07M	21.46M	26.87M	43.30M
Operating Cash Flow	80.38M	38.74M	15.76M	23.30M	33.18M	51.13M
Investing Cash Flow	-12.46M	-12.12M	-6.41M	-3.76M	-27.62M	-7.83M
Financing Cash Flow	-63.61M	-37.12M	-16.79M	-4.21M	-4.25M	-3.66M

MS Group Holdings Ltd. Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 0.94
• 50DMA: Positive
• 100DMA: Positive
• 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:1451, the sentiment is Positive. The current price of 0.94 is above the 20-day moving average (MA) of 0.93, below the 50-day MA of 0.95, and above the 200-day MA of 0.92, indicating a bullish trend. The MACD of >-0.01 indicates Negative momentum. The RSI at 55.26 is Neutral, neither overbought nor oversold. The STOCH value of 66.67 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for HK:1451.

MS Group Holdings Ltd. Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
1451	―	HK$194.11M	4.18	21.87%	31.25%	41.20%	75.40%
Sector *	―	$18.38B	12.79	-2.54%	3.03%	1.52%	-15.83%
6898	―	HK$698.59M	43.79	13.20%	0.59%	-2.08%	-23.18%
1626	―	HK$1.58B	-143.48	-7.35%	―	-82.87%	-110.99%
8291	―	HK$14.93M	3.38	―	―	-44.08%	―
1820	―	HK$664.40M	―	-5.51%	3.62%	3.51%	-950.83%

MS Group Holdings Ltd. Corporate Events

MS Group Holdings Reports Decline in Profit Despite Revenue Increase

MS Group Holdings Limited reported its unaudited interim results for the six months ending June 30, 2025. The company experienced a slight increase in revenue to HK$181,244,000 compared to the previous year, but saw a decrease in gross profit and operating profit, which were HK$45,383,000 and HK$19,837,000 respectively. The profit attributable to equity holders also declined, resulting in a lower basic earnings per share of 7.75 HK cents. The company did not declare any interim or special dividends for this period. These results indicate a challenging period for the company, with decreased profitability despite a rise in revenue, which may impact its market positioning and stakeholder confidence.

MS Group Holdings Announces Changes to Nomination Committee

MS Group Holdings Limited has announced changes to its Nomination Committee, effective August 22, 2025. These changes include the appointment of Ms. Lo Siu Fun Helena as a member and Mr. Yu Hon To David as the chairman, replacing Mr. Chau Ching. The restructuring aligns with recent amendments to the Listing Rules and Corporate Governance Code, aiming to enhance the board’s effectiveness and diversity, thereby strengthening corporate governance practices.

MS Group Holdings Announces Board Composition and Roles

MS Group Holdings Limited, a company incorporated in the Cayman Islands, has announced the composition of its board of directors and their respective roles. The board consists of executive directors and independent non-executive directors, with specific members assigned to the audit, remuneration, and nomination committees. This announcement highlights the company’s governance structure, which is crucial for maintaining transparency and accountability in its operations.

MS Group Holdings Enhances Governance with New Nomination Committee

MS Group Holdings Limited has established a nomination committee as part of its board of directors to ensure proper governance and compliance with the Hong Kong Stock Exchange Listing Rules. The committee, composed primarily of Independent Non-Executive Directors, will oversee the nomination process for board members, ensuring diversity and addressing conflicts of interest, thereby strengthening the company’s governance structure.

MS Group Holdings Announces Board Meeting for Interim Results

MS Group Holdings Limited, a company incorporated in the Cayman Islands, has announced that its board of directors will meet on August 22, 2025, to review and approve the interim results for the first half of 2025. The meeting will also consider the possibility of declaring an interim dividend, reflecting the company’s ongoing financial performance and potential shareholder returns.