ICO Group Limited (HK:1460)
:1460
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ICO Group Limited
(1460)
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Rating:65Neutral
Price Target:
HK$0.22
▼(-26.67% Downside)
Action:ReiteratedDate:03/24/26
The score is driven primarily by solid financial stability (low leverage, improving profitability, and positive free cash flow) and attractive valuation (low P/E and strong dividend yield). These positives are partially offset by weak technicals, with the stock trading below key moving averages and negative MACD signaling a continuing downtrend.
Positive Factors
Low leverage / strong balance sheet
Sustained low debt-to-equity and rising equity provide durable financial flexibility. This conservatism supports funding multi-year projects, absorbing contract timing swings, and enables opportunistic investment or dividend support without relying on volatile external financing.
Negative Factors
Thin net margins and modest returns
Persistently low net margins and modest ROE limit internal reinvestment and buffer against pricing pressure. For an IT services firm, narrow margins constrain ability to scale profitably, invest in product development, or compete on talent without eroding returns.
Read all positive and negative factors
Positive Factors
Negative Factors
Low leverage / strong balance sheet
Sustained low debt-to-equity and rising equity provide durable financial flexibility. This conservatism supports funding multi-year projects, absorbing contract timing swings, and enables opportunistic investment or dividend support without relying on volatile external financing.
Read all positive factors
ICO Group Limited (1460) vs. iShares MSCI Hong Kong ETF (EWH)
Market Cap
HK$186.05M
Dividend Yield3.33%
Average Volume (3M)856.11K
Price to Earnings (P/E)5.6
Beta (1Y)0.26
Revenue Growth8.45%
EPS Growth-30.47%
CountryHK
Employees338
SectorTechnology
Sector Strength88
IndustryInformation Technology Services
Share Statistics
EPS (TTM)0.01
Shares Outstanding877,590,330
10 Day Avg. Volume2,071,440
30 Day Avg. Volume856,106
Financial Highlights & Ratios
PEG Ratio0.14
Price to Book (P/B)0.35
Price to Sales (P/S)0.17
P/FCF Ratio2.33
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
ICO Group Limited Business Overview & Revenue Model
Company Description
ICO Group Limited, an investment holding company, provides IT application services to institutions and enterprises in Hong Kong and internationally. It operates through IT Application and Solution Development Services, IT Infrastructure Solutions ...
ICO Group Limited Financial Statement Overview
Summary
Income Statement
62
Positive
Balance Sheet
78
Positive
Cash Flow
70
Positive
| Breakdown | TTM | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 1.47B | 1.14B | 1.08B | 877.32M | 712.45M | 637.34M |
| Gross Profit | 284.51M | 230.22M | 209.45M | 173.74M | 131.03M | 110.28M |
| EBITDA | 95.57M | 62.19M | 53.94M | 40.56M | 37.46M | 29.00M |
| Net Income | 18.88M | 25.70M | 16.69M | 10.97M | 8.12M | 8.10M |
Balance Sheet | ||||||
| Total Assets | 940.22M | 1.06B | 954.51M | 865.14M | 777.45M | 701.27M |
| Cash, Cash Equivalents and Short-Term Investments | 244.19M | 375.97M | 306.62M | 216.92M | 107.42M | 106.81M |
| Total Debt | 57.88M | 57.34M | 62.55M | 57.58M | 59.56M | 22.44M |
| Total Liabilities | 341.82M | 482.66M | 389.27M | 314.84M | 222.73M | 196.10M |
| Stockholders Equity | 576.57M | 562.60M | 537.70M | 530.99M | 530.98M | 483.63M |
Cash Flow | ||||||
| Free Cash Flow | -36.37M | 85.23M | 93.61M | 121.01M | -40.08M | 48.12M |
| Operating Cash Flow | -33.71M | 88.35M | 96.42M | 121.40M | -39.91M | 48.97M |
| Investing Cash Flow | 39.34M | 81.56M | -83.29M | 1.44M | 10.97M | -5.80M |
| Financing Cash Flow | -40.45M | -29.60M | -13.81M | -12.81M | 30.89M | 16.86M |
ICO Group Limited Technical Analysis
Negative
0.30
Price Trends
0.24
Negative
0.27
Negative
0.29
Negative
Market Momentum
>-0.01
Negative
42.36
Neutral
65.52
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For HK:1460, the sentiment is Negative. The current price of 0.3 is above the 20-day moving average (MA) of 0.21, above the 50-day MA of 0.24, and above the 200-day MA of 0.29, indicating a bearish trend. The MACD of >-0.01 indicates Negative momentum. The RSI at 42.36 is Neutral, neither overbought nor oversold. The STOCH value of 65.52 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for HK:1460.
ICO Group Limited Peers Comparison
UnderperformOutperform
Sector (61)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
67 Neutral | HK$419.73M | 0.22 | 20.46% | 9.12% | 27.05% | 842.50% | |
65 Neutral | HK$186.05M | 5.58 | 3.33% | 3.33% | 8.45% | -30.47% | |
61 Neutral | $37.18B | 12.37 | -10.20% | 1.83% | 8.50% | -7.62% | |
53 Neutral | HK$315.00M | -200.00 | -6.70% | ― | -10.61% | 93.27% | |
48 Neutral | HK$319.39M | -5.04 | -16.07% | ― | -9.21% | -4.52% | |
42 Neutral | HK$97.96M | -6.30 | -9.04% | ― | -5.31% | -43.75% | |
40 Underperform | HK$252.26M | 110.71 | 669.22% | ― | 33.20% | ― |
* Technology Sector Average
HK:1460
ICO Group Limited
0.21
0.04
21.84%
HK:1402
i-Control Holdings Limited
0.30
0.10
50.00%
HK:1900
China ITS Holdings Co., Ltd.
0.24
0.11
80.74%
HK:8050
Quantum Thinking Limited
0.93
0.30
47.62%
HK:8081
Hang Tai Yue Group Holdings Ltd.
0.02
-0.03
-58.70%
HK:8229
Future Data Group Ltd.
0.58
0.27
87.10%
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.