In Construction Holdings Ltd (HK:1500)
:1500
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In Construction Holdings Ltd
(1500)
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Rating:56Neutral
Price Target:
HK$0.21
▲(60.00% Upside)
Action:ReiteratedDate:03/24/26
The score is held back primarily by weak financial performance: multi-year losses, collapsing margins, and negative operating/free cash flow. Offsetting this, the stock shows strong upward technical trend signals and appears heavily discounted on the provided P/E metric, while low balance-sheet leverage reduces financial risk.
Positive Factors
Low financial leverage
Very low debt-to-equity (~5%) provides lasting financial flexibility: it lowers refinancing and interest risk, preserves capacity to bid on projects during downturns, and gives management optionality to support operations or invest when cash generation recovers.
Negative Factors
Multi-year losses and collapsed margins
Sustained losses and margins near break-even materially weaken internal funding and reduce pricing flexibility. Persistently negative profitability erodes competitive position on tenders, limits reinvestment in capabilities, and raises risk of prolonged recovery timelines.
Read all positive and negative factors
Positive Factors
Negative Factors
Low financial leverage
Very low debt-to-equity (~5%) provides lasting financial flexibility: it lowers refinancing and interest risk, preserves capacity to bid on projects during downturns, and gives management optionality to support operations or invest when cash generation recovers.
Read all positive factors
In Construction Holdings Ltd (1500) vs. iShares MSCI Hong Kong ETF (EWH)
Market Cap
HK$166.00M
Dividend YieldN/A
Average Volume (3M)179.83K
Price to Earnings (P/E)0.5
Beta (1Y)-0.06
Revenue Growth-17.67%
EPS Growth1010.71%
CountryHK
Employees49
SectorIndustrials
Sector Strength72
IndustryEngineering & Construction
Share Statistics
EPS (TTM)0.03
Shares Outstanding830,000,000
10 Day Avg. Volume72,500
30 Day Avg. Volume179,833
Financial Highlights & Ratios
PEG Ratio-0.07
Price to Book (P/B)0.24
Price to Sales (P/S)0.21
P/FCF Ratio-9.49
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
In Construction Holdings Ltd Business Overview & Revenue Model
Company Description
In Construction Holdings Limited, an investment holding company, operates as a general and foundation contractor in Hong Kong. The company undertakes foundation and related works, including demolition, site formation, ground investigation field, a...
How the Company Makes Money
In Construction Holdings Ltd generates its revenue through contracts awarded for various construction and civil engineering projects. The company typically engages in bidding processes to acquire contracts from government entities, private develop...
In Construction Holdings Ltd Financial Statement Overview
Summary
Income Statement
24
Negative
Balance Sheet
74
Positive
Cash Flow
28
Negative
| Breakdown | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 273.60M | 383.10M | 332.35M | 462.25M | 378.78M |
| Gross Profit | 234.00K | 7.02M | 5.24M | 91.70M | 56.59M |
| EBITDA | -18.57M | -12.46M | -14.86M | 73.97M | 30.80M |
| Net Income | -18.91M | -12.86M | -15.33M | 62.19M | 28.70M |
Balance Sheet | |||||
| Total Assets | 369.07M | 395.26M | 373.37M | 416.24M | 362.52M |
| Cash, Cash Equivalents and Short-Term Investments | 31.45M | 78.56M | 112.05M | 147.75M | 55.99M |
| Total Debt | 13.00M | 13.06M | 5.31M | 10.33M | 15.14M |
| Total Liabilities | 126.41M | 133.68M | 98.94M | 101.58M | 85.14M |
| Stockholders Equity | 242.67M | 261.58M | 274.44M | 314.66M | 277.37M |
Cash Flow | |||||
| Free Cash Flow | -6.12M | -34.06M | -10.46M | 117.21M | 22.48M |
| Operating Cash Flow | -5.81M | -34.06M | -10.46M | 117.52M | 22.50M |
| Investing Cash Flow | 2.61M | 5.74M | 5.03M | 4.51M | 2.74M |
| Financing Cash Flow | -65.00K | -5.39M | -30.27M | -30.27M | -15.37M |
In Construction Holdings Ltd Technical Analysis
Neutral
0.13
Price Trends
0.18
Positive
0.15
Positive
0.11
Positive
Market Momentum
<0.01
Positive
45.46
Neutral
28.64
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For HK:1500, the sentiment is Neutral. The current price of 0.13 is below the 20-day moving average (MA) of 0.22, below the 50-day MA of 0.18, and above the 200-day MA of 0.11, indicating a neutral trend. The MACD of <0.01 indicates Positive momentum. The RSI at 45.46 is Neutral, neither overbought nor oversold. The STOCH value of 28.64 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for HK:1500.
In Construction Holdings Ltd Peers Comparison
UnderperformOutperform
Sector (63)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
69 Neutral | HK$93.24M | 0.44 | 10.95% | 10.17% | 52.69% | ― | |
63 Neutral | $10.79B | 15.43 | 7.44% | 2.01% | 2.89% | -14.66% | |
58 Neutral | HK$890.42M | 0.55 | 39.08% | ― | 6.34% | 48.38% | |
56 Neutral | HK$166.00M | 0.50 | 10.06% | ― | -17.67% | 1010.71% | |
50 Neutral | HK$109.85M | 13.37 | -61.28% | ― | -0.64% | 13.72% | |
43 Neutral | HK$37.42M | 0.01 | -161.97% | ― | ― | ― |
* Industrials Sector Average
HK:1500
In Construction Holdings Ltd
0.20
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Sam Woo Construction Group Ltd.
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Tai Kam Holdings Limited
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564.00%
In Construction Holdings Ltd Corporate Events
In Construction says no undisclosed news behind share price and volume surge
Mar 6, 2026
In Construction Holdings Limited said its board had observed a sharp rise in the company’s share price and trading volume on 6 March 2026 and, after making reasonable enquiries, confirmed it was unaware of any specific reason behind the move...
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.