Sundart Holdings Ltd. (1568) AI Stock Analysis

• Market Cap: HK$1.38B
• Dividend Yield: N/A
• Average Volume (3M): 889.46K
• Price to Earnings (P/E): 4.3
• Beta (1Y): 0.33
• Revenue Growth: 9.80%
• EPS Growth: -2.88%
• Country: HK
• Employees: 1,628
• Sector: Industrials
• Sector Strength: 84
• Industry: Consulting Services
• EPS (TTM): 0.15
• Shares Outstanding: 2,158,210,000
• 10 Day Avg. Volume: 400,200
• 30 Day Avg. Volume: 889,464
• PEG Ratio: -0.11
• Price to Book (P/B): 0.23
• Price to Sales (P/S): 0.00
• P/FCF Ratio: 12.37
• 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: 80 Outperform
• Price Target: ―

Sundart Holdings Ltd.'s overall stock score of 80 highlights its strong financial performance driven by solid revenue growth, stable profit margins, and a robust balance sheet with minimal leverage. The stock's attractive valuation, indicated by a low P/E ratio, suggests potential undervaluation. Technical indicators show positive momentum, though caution is advised due to RSI nearing overbought levels. The primary risk involves cash flow challenges, which are partly mitigated by historical cash reserves.

Sundart Holdings Ltd. Business Overview & Revenue Model

Company Description

Sundart Holdings Ltd. (1568) is a leading contractor and service provider in the fitting-out industry, primarily focusing on the high-end residential, hotel, and commercial sectors. The company offers comprehensive interior design and fitting-out services, including project management, procurement, and construction, tailored to meet the needs of its diverse clientele across various regions.

How the Company Makes Money

Sundart Holdings Ltd. generates revenue through its comprehensive suite of fitting-out services. The company's primary revenue streams include the provision of interior design and fitting-out services for high-end residential properties, luxury hotels, and commercial spaces. These projects often involve large-scale contracts where Sundart oversees the entire process from design conception to project completion. Additionally, the company benefits from its strategic partnerships and collaborations with international hotel chains and property developers, which help secure a steady flow of projects. By leveraging its expertise and reputation in the industry, Sundart is able to command premium pricing for its services, thus enhancing its profitability.

Sundart Holdings Ltd. Financial Statement Overview

Summary

Sundart Holdings Ltd. showcases strong financial health with consistent revenue growth and stable profit margins. The balance sheet is solid, characterized by low leverage and a high equity ratio, indicating minimal financial risk. However, recent challenges in cash flow generation could pose liquidity concerns, though offset by previous cash reserves. Overall, the company is well-positioned financially with opportunities for improvement in cash flow management.

Income Statement

Sundart Holdings Ltd. demonstrates solid revenue growth with a 9.8% increase from 2023 to 2024. The gross profit margin is stable at approximately 13.3% in 2024, consistent with previous years. Despite a slight reduction in net income, the company maintains a healthy net profit margin of 5.4%. These metrics indicate a strong income-generating ability, supported by consistent EBIT and EBITDA margins.

Balance Sheet

The company's balance sheet is robust with a low debt-to-equity ratio of 0.01, indicating minimal leverage and financial risk. The equity ratio stands high at 52.4%, showcasing a strong equity base. Return on equity is satisfactory at 8.6%, reflecting efficient utilization of shareholder funds. Overall, the company's financial stability is reinforced by its strong equity position and low leverage.

Cash Flow

Sundart Holdings Ltd. has experienced challenges in generating free cash flow in 2024. However, the significant cash reserves and minimal debt mitigate liquidity risks. The operating cash flow to net income ratio was not calculable due to zero operating cash flow for 2024. Despite this, the company maintains a strong cash position from previous years.

Breakdown
Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement		Total Revenue
6.00B	5.46B	4.68B	5.69B	5.93B
	Gross Profit
800.20M	696.22M	663.70M	808.77M	914.58M
	EBIT
391.16M	369.58M	309.79M	453.41M	535.37M
	EBITDA
405.82M	423.34M	366.69M	464.43M	510.12M
	Net Income Common Stockholders
320.80M	330.27M	287.53M	371.29M	406.46M
Balance Sheet		Cash, Cash Equivalents and Short-Term Investments
2.64B	1.95B	1.76B	1.93B	1.66B
	Total Assets
7.12B	7.25B	6.69B	7.03B	6.28B
	Total Debt
41.86M	13.35M	20.47M	94.52M	182.94M
	Net Debt
-2.60B	-1.86B	-1.01B	-1.28B	-892.53M
	Total Liabilities
3.39B	3.81B	3.45B	3.81B	3.28B
	Stockholders Equity
3.72B	3.44B	3.25B	3.23B	3.00B
Cash Flow		Free Cash Flow
0.00	382.77M	59.32M	530.60M	637.65M
	Operating Cash Flow
861.67M	401.35M	67.35M	540.34M	865.98M
	Investing Cash Flow
0.00	-594.06M	-65.05M	-39.01M	-176.85M
	Financing Cash Flow
0.00	-146.57M	-246.37M	-263.25M	-217.12M

Sundart Holdings Ltd. Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 0.64
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For HK:1568, the sentiment is Positive. The current price of 0.64 is above the 20-day moving average (MA) of 0.62, above the 50-day MA of 0.58, and above the 200-day MA of 0.40, indicating a bullish trend. The MACD of 0.02 indicates Positive momentum. The RSI at 60.31 is Neutral, neither overbought nor oversold. The STOCH value of 25.46 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for HK:1568.

Sundart Holdings Ltd. Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
1568	80 Outperform	HK$1.38B	4.31	8.95%	―	9.80%	-2.88%
6823	75 Outperform	$85.20B	16.80	13.76%	8.16%	1.23%	1.58%
3316	71 Outperform	HK$6.51B	10.99	36.29%	10.70%	25.93%	8.97%
3311	71 Outperform	$63.39B	6.46	14.62%	4.75%	1.21%	2.15%
Sector *	57 Neutral	$1.32B	4.07	-2.93%	11.10%	3.37%	-51.35%
1833	51 Neutral	$16.82B	96.41	0.96%	―	1.01%	―
2772	43 Neutral	HK$351.90M	―	-42.12%	―	-41.41%	44.36%

Sundart Holdings Ltd. Corporate Events

Sundart Holdings Ltd. Announces AGM and Dividend Plans for 2024

Sundart Holdings Ltd. has announced its upcoming Annual General Meeting (AGM) scheduled for June 2, 2025, in Hong Kong. Key agenda items include the consideration of audited financial statements, the declaration of a final and special dividend for 2024, re-election of directors, and re-appointment of auditors. Additionally, a general mandate will be discussed to authorize directors to manage share-related transactions, potentially impacting the company’s market operations and shareholder value.

Sundart Holdings Forms Joint Venture for Resin-Based Stone Business Expansion

Sundart Holdings Ltd. announced the formation of a joint venture company with Gloryeild, a wholly-owned subsidiary, and Lead Rise, an independent third party, to acquire interests in a target company. This joint venture will focus on the resin-based engineered stone business, with both parties holding equal shares. The financial results of the joint venture will be accounted for using the equity method, and the transaction is classified as discloseable under the Listing Rules, indicating a significant strategic move for Sundart Holdings in expanding its market presence.

Sundart Holdings Reports Revenue Growth Despite Profit Dip in 2024

Sundart Holdings Ltd. announced its audited consolidated annual results for the year ended December 31, 2024, reporting a 9.8% increase in revenue to HK$5,996.8 million and a 14.9% rise in gross profit to HK$800.2 million. Despite these gains, the profit attributable to owners of the company slightly decreased by 2.9% to HK$320.8 million, with basic and diluted earnings per share also dropping by 2.9%. The board proposed a final dividend of HK6 cents per share and a special dividend of HK14 cents per share, reflecting a commitment to shareholder returns amidst a challenging market environment.

Sundart Holdings Declares Final Dividend for 2024

Sundart Holdings Limited announced a final ordinary cash dividend of HKD 0.06 per share for the financial year ending December 31, 2024. The dividend will be paid on June 19, 2025, following shareholder approval on June 2, 2025, with the ex-dividend date set for June 4, 2025. This announcement reflects the company’s financial performance and commitment to returning value to its shareholders.

Sundart Holdings Declares Special Dividend for 2024

Sundart Holdings Limited has announced a special dividend of HKD 0.14 per share for the financial year ending December 31, 2024. This decision reflects the company’s financial health and commitment to providing value to its shareholders. The ex-dividend date is set for June 4, 2025, with the payment date scheduled for June 19, 2025. This announcement is likely to positively impact shareholder sentiment and underscores the company’s robust financial performance.

Sundart Holdings Ltd. Schedules Board Meeting for 2024 Annual Results

Sundart Holdings Ltd. has announced a board meeting scheduled for March 19, 2025, to discuss and approve the audited consolidated results for the year ending December 31, 2024. The meeting will also consider the declaration of a final dividend, which could impact the company’s financial strategy and shareholder returns.