tiprankstipranks
Trending News
More News >
Anchorstone Holdings Limited (HK:1592)
:1592
Hong Kong Market
Advertisement

Anchorstone Holdings Limited (1592) AI Stock Analysis

Compare
1 Followers

Top Page

HK:1592

Anchorstone Holdings Limited

(1592)

Select Model
Select Model
Select Model
Neutral 49 (OpenAI - 4o)
Rating:49Neutral
Price Target:
HK$0.33
▲(13.10% Upside)
The overall stock score is primarily impacted by the company's poor financial performance, characterized by ongoing revenue declines, operational inefficiencies, and high leverage. While technical analysis shows some short-term bullish momentum, the negative valuation metrics due to ongoing losses further weigh down the score. Immediate strategic adjustments are necessary to improve financial health and investor confidence.
Positive Factors
Long-term Client Relationships
Anchorstone's established relationships with clients and suppliers provide a stable revenue base, enhancing its market position and resilience against market fluctuations.
Product Range
A diverse product offering allows Anchorstone to cater to various market segments, potentially increasing its market share and reducing dependency on any single product line.
Industry Demand
The demand for high-quality construction materials supports Anchorstone's business model, as it aligns with ongoing trends in urban development and infrastructure enhancement.
Negative Factors
Revenue Decline
Persistent revenue declines indicate challenges in maintaining market share and competitiveness, potentially affecting long-term growth and profitability.
High Leverage
High leverage and negative equity suggest financial instability, limiting the company's ability to invest in growth opportunities and increasing risk during economic downturns.
Cash Flow Variability
Inconsistent cash flow generation undermines financial flexibility, making it difficult for Anchorstone to fund operations and strategic initiatives without external financing.

Anchorstone Holdings Limited (1592) vs. iShares MSCI Hong Kong ETF (EWH)

Anchorstone Holdings Limited Business Overview & Revenue Model

Company DescriptionAnchorstone Holdings Limited, an investment holding company, engages in the supply and installation of marble and granite products for construction projects in Hong Kong and Macau. The company undertakes marble and granite works for a range of building and property types, including commercial buildings, residential buildings, hotels, and public infrastructures. It also sells stones, such as marble and granite on project and wholesale basis. Anchorstone Holdings Limited was founded in 1991 and is based in Sha Tin, Hong Kong. Anchorstone Holdings Limited is a subsidiary of PMG Investments Limited.
How the Company Makes MoneyAnchorstone Holdings generates revenue primarily through the sale and leasing of its real estate properties, which includes both residential and commercial units. The company profits from property development by purchasing land, constructing buildings, and subsequently selling or renting these properties at a premium. Key revenue streams include rental income from long-term leases, income from property sales, and development fees. Additionally, partnerships with local contractors and development firms enhance project efficiency and profitability. The company also benefits from favorable market conditions and strategic acquisitions, which contribute to its overall financial performance.

Anchorstone Holdings Limited Financial Statement Overview

Summary
Anchorstone Holdings Limited faces significant financial challenges. The income statement reveals ongoing revenue decline and operational inefficiencies. The balance sheet reflects high leverage and negative equity, raising concerns about long-term solvency. Cash flow is inconsistent, with difficulty translating income into sustainable cash flow. Immediate strategic adjustments are needed to stabilize the financial health of the company.
Income Statement
30
Negative
The company has experienced significant revenue declines, with a sharp drop from 2020 to 2024. Gross profit margins have remained relatively stable, but EBIT and net profit margins are negative, indicating operational and net losses over multiple years. Both EBIT and EBITDA margins reflect ongoing losses, raising concerns about operational efficiency.
Balance Sheet
25
Negative
The balance sheet shows a troubling picture with negative stockholders' equity in 2024, indicating more liabilities than assets. The debt-to-equity ratio is not meaningful due to negative equity, and the company's leverage is high. The declining equity ratio suggests diminished financial stability and increased financial risk.
Cash Flow
35
Negative
The cash flow statement shows variability in operating cash flow, with a decline in 2024. Despite free cash flow being positive in recent years, the operating cash flow to net income ratio is weak due to ongoing net losses. The company struggles to generate sustainable cash flow relative to its income.
BreakdownTTMDec 2024Dec 2023Dec 2022Dec 2021Dec 2020
Income Statement
Total Revenue68.75M58.51M77.20M130.39M91.94M170.35M
Gross Profit14.89M15.38M23.95M31.35M11.17M19.10M
EBITDA-80.29M-79.42M-31.91M-21.94M-31.05M-22.75M
Net Income-86.57M-86.37M-40.45M-32.34M-46.75M-34.10M
Balance Sheet
Total Assets103.88M104.59M190.27M231.82M274.64M333.50M
Cash, Cash Equivalents and Short-Term Investments628.00K308.00K507.00K1.32M2.68M218.00K
Total Debt45.57M47.66M60.08M99.67M125.11M164.18M
Total Liabilities166.61M158.69M155.03M178.20M191.61M209.51M
Stockholders Equity-62.73M-54.10M35.24M53.62M83.02M123.99M
Cash Flow
Free Cash Flow-3.40M3.71M13.65M9.63M-2.00M-18.36M
Operating Cash Flow-3.40M3.71M13.65M9.66M1.96M-18.31M
Investing Cash Flow1.00K1.00K2.00K-24.00K30.28M4.80M
Financing Cash Flow2.33M-4.17M-13.46M-9.41M-27.78M751.00K

Anchorstone Holdings Limited Technical Analysis

Technical Analysis Sentiment
Negative
Last Price0.29
Price Trends
50DMA
0.28
Positive
100DMA
0.30
Negative
200DMA
0.31
Negative
Market Momentum
MACD
<0.01
Negative
RSI
50.65
Neutral
STOCH
46.16
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For HK:1592, the sentiment is Negative. The current price of 0.29 is above the 20-day moving average (MA) of 0.29, above the 50-day MA of 0.28, and below the 200-day MA of 0.31, indicating a neutral trend. The MACD of <0.01 indicates Negative momentum. The RSI at 50.65 is Neutral, neither overbought nor oversold. The STOCH value of 46.16 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for HK:1592.

Anchorstone Holdings Limited Peers Comparison

Overall Rating
UnderperformOutperform
Sector (63)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
68
Neutral
HK$110.00M6.5510.51%14.65%
65
Neutral
HK$158.10M2.3311.61%5.34%43.91%
63
Neutral
$10.79B15.437.44%2.01%2.89%-14.66%
55
Neutral
HK$1.28B-192.55-3.68%-0.28%-469.70%
53
Neutral
HK$174.68M19.370.62%2.50%-48.30%-75.98%
49
Neutral
HK$83.97M-0.741.43%-83.97%
38
Underperform
HK$162.36M-46.79%0.26%69.65%
* Industrials Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
HK:1592
Anchorstone Holdings Limited
0.29
-0.16
-35.56%
HK:9938
Wah Wo Holdings Group Limited
0.11
0.04
57.14%
HK:1653
MOS House Group Limited
3.62
3.28
964.71%
HK:1897
Million Hope Industries Holdings Ltd.
0.46
0.02
3.84%
HK:3313
ArtGo Holdings Ltd.
0.13
-0.17
-57.05%
HK:8646
China Hongguang Holdings Limited
0.24
-0.09
-26.56%

Anchorstone Holdings Limited Corporate Events

Anchorstone Holdings Extends Share Placement Deadline
Nov 17, 2025

Anchorstone Holdings Limited, along with its subsidiaries, has entered into a third supplemental placing agreement to extend the date for the completion of the placing of new shares under a general mandate. The new extended date is set for 5 December 2025, allowing more time for the fulfillment of conditions under the placing agreement. This extension indicates the company’s efforts to ensure the successful completion of the share placement, which may impact its financial strategy and market positioning.

The most recent analyst rating on (HK:1592) stock is a Hold with a HK$0.50 price target. To see the full list of analyst forecasts on Anchorstone Holdings Limited stock, see the HK:1592 Stock Forecast page.

Anchorstone Holdings Extends Share Placement Deadline
Oct 28, 2025

Anchorstone Holdings Limited has entered into a second supplemental placing agreement to extend the deadline for the completion of a share placement under a general mandate. The new extended long stop date is now set for 17 November 2025, allowing more time for the fulfillment of conditions necessary for the placement’s completion. This extension indicates the company’s ongoing efforts to manage its capital structure and may impact shareholder and investor decisions regarding the company’s securities.

Anchorstone Holdings Approves Share Consolidation
Oct 22, 2025

Anchorstone Holdings Limited has announced the results of its Extraordinary General Meeting (EGM) held on 22 October 2025, where a resolution for share consolidation was approved by an overwhelming majority of shareholders. The share consolidation will become effective on 24 October 2025, and trading of the consolidated shares will begin on the same day. This move is expected to streamline the company’s share structure and potentially enhance the marketability and trading liquidity of its shares.

Anchorstone Holdings Faces Governance Challenge Following Director Resignation
Oct 22, 2025

Anchorstone Holdings Limited announced the resignation of Ms. Ching Wan Wah Kitty as an independent non-executive director, effective October 22, 2025, due to her pursuit of other business and personal commitments. This resignation leaves the company with only two independent non-executive directors, falling below the minimum required by the Hong Kong Stock Exchange’s listing rules, which may impact the company’s compliance and governance structure.

Anchorstone Holdings Announces Board and Committee Structure
Oct 22, 2025

Anchorstone Holdings Limited has announced the composition of its board of directors, which includes both executive and independent non-executive directors. The company has also outlined the structure of its three board committees: the Audit Committee, Remuneration Committee, and Nomination Committee, detailing the roles of each board member within these committees.

Anchorstone Holdings Extends Share Placement Deadline and Announces Share Consolidation
Oct 9, 2025

Anchorstone Holdings Limited has announced a supplemental agreement to extend the deadline for the completion of its share placement from October 9, 2025, to October 29, 2025. This extension allows additional time to fulfill the conditions of the Placing Agreement. Additionally, the company is undergoing a share consolidation, which will convert every ten existing shares into one consolidated share, impacting the number and value of shares involved in the placement. Stakeholders are advised to exercise caution as the completion of the placement is not guaranteed.

Anchorstone Holdings Announces Share Consolidation Proposal
Oct 2, 2025

Anchorstone Holdings Limited has announced an extraordinary general meeting (EGM) to discuss a proposed share consolidation. The company plans to consolidate every ten issued and unissued ordinary shares into one consolidated share, subject to approval from the Hong Kong Stock Exchange and compliance with Cayman Islands laws. This move is aimed at streamlining the company’s share structure and potentially enhancing its market position.

Anchorstone Holdings Proposes Share Consolidation and Board Lot Change
Sep 25, 2025

Anchorstone Holdings Limited, a company incorporated in the Cayman Islands, has announced a proposed share consolidation and change in board lot size. The company plans to consolidate every ten existing shares into one consolidated share, reducing the number of shares from approximately 2.41 billion to 241 million. This move, which is subject to shareholder approval and other conditions, aims to streamline the company’s share structure without affecting its financial position or shareholder rights.

Anchorstone Holdings Announces New Share Placement and Consolidation
Sep 19, 2025

Anchorstone Holdings Limited has announced a strategic financial maneuver involving the placement of new shares under a general mandate and a proposed share consolidation. The company plans to place up to 482,590,000 new shares at HK$0.025 each, potentially raising approximately HK$11.47 million in net proceeds. These funds are intended to repay bank loans, settle other debts, and provide general working capital. The move is expected to strengthen the company’s financial position and broaden its shareholder base, although the completion of the placement is not guaranteed.

Anchorstone Holdings Implements Financial Measures to Address 2024 Challenges
Sep 12, 2025

Anchorstone Holdings Limited has announced measures to address financial challenges outlined in its 2024 Annual Report. The company has made partial settlements on overdue bank loans and is in discussions to extend borrowings, with a current outstanding balance of HK$33,496,000. Efforts to accelerate receivables collection have been made, and financial support from a substantial shareholder has been secured. The company has also implemented cost-saving measures, including freezing headcount, to improve financial stability.

Anchorstone Holdings Updates on Financial Measures and Strategy
Sep 5, 2025

Anchorstone Holdings Limited has issued an update regarding its 2024 Annual Report, detailing measures taken to address financial challenges. The company has been actively negotiating with banks to extend overdue loans and has made partial settlements. It is also working to accelerate project certification and billing, negotiating for project deposits, and extending settlement terms with suppliers. Financial support from a substantial shareholder continues, and the company is seeking additional financing sources to improve its operational efficiency and financial stability.

Anchorstone Holdings Reports Increased Revenue but Sustained Losses in 2025 Interim Results
Aug 29, 2025

Anchorstone Holdings Limited announced its unaudited interim results for the six months ending June 30, 2025. The company reported a revenue increase to HK$27,866,000 from HK$17,634,000 in the same period of 2024. Despite the revenue growth, the company experienced a net loss of HK$8,722,000, slightly higher than the previous year’s loss of HK$8,522,000. The financial results indicate challenges in managing costs and profitability, impacting the company’s operations and potentially affecting stakeholder confidence.

Anchorstone Holdings Faces Audit Committee Vacancy After Director Resignation
Aug 27, 2025

Anchorstone Holdings Limited announced the resignation of Mr. Nie Kin Kwok Kevin as an independent non-executive director and a member of the audit committee, effective August 27, 2025. This resignation leaves the audit committee with only two independent directors, falling short of the required three members as per the Stock Exchange’s Listing Rules. The company is actively seeking a suitable replacement to comply with these regulations.

Anchorstone Holdings Announces Board Composition and Roles
Aug 27, 2025

Anchorstone Holdings Limited has announced the composition of its board of directors and their respective roles within the company. The board comprises both executive and independent non-executive directors, with specific members assigned to the Audit, Remuneration, and Nomination Committees. This announcement provides clarity on the governance structure of the company, which is crucial for stakeholders and investors in understanding the leadership and decision-making framework within Anchorstone Holdings.

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.Date of analysis: Nov 26, 2025