Anchorstone Holdings Limited (HK:1592)
:1592
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Anchorstone Holdings Limited
(1592)
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Rating:38Underperform
Price Target:
HK$0.16
▲(15.71% Upside)
Action:DowngradedDate:12/13/25
The overall stock score of 38 reflects significant financial challenges, including negative equity and ongoing losses. Technical indicators suggest bearish momentum, and valuation metrics indicate poor profitability with no dividend yield. These factors collectively contribute to a low score, highlighting the need for strategic improvements.
Positive Factors
Diversified property portfolio
Anchorstone's portfolio spans residential, commercial, industrial, hospitality and infrastructure. This diversification reduces reliance on a single market cycle, allows capital redeployment across segments, and helps smooth revenue variability over a multi-month to multi-year horizon.
Negative Factors
Negative shareholders' equity
Negative equity and high leverage are structural constraints: liabilities exceed assets which limits borrowing capacity, raises refinancing and solvency risk, and reduces strategic flexibility to invest or weather further downturns without capital injections.
Read all positive and negative factors
Positive Factors
Negative Factors
Diversified property portfolio
Anchorstone's portfolio spans residential, commercial, industrial, hospitality and infrastructure. This diversification reduces reliance on a single market cycle, allows capital redeployment across segments, and helps smooth revenue variability over a multi-month to multi-year horizon.
Read all positive factors
Anchorstone Holdings Limited (1592) vs. iShares MSCI Hong Kong ETF (EWH)
Market Cap
HK$48.07M
Dividend YieldN/A
Average Volume (3M)6.70M
Price to Earnings (P/E)―
Beta (1Y)0.19
Revenue Growth1.43%
EPS Growth-83.97%
CountryHK
Employees11
SectorIndustrials
Sector Strength72
IndustryConstruction
Share Statistics
EPS (TTM)-0.04
Shares Outstanding289,555,270
10 Day Avg. Volume6,757,500
30 Day Avg. Volume6,703,533
Financial Highlights & Ratios
PEG Ratio>-0.01
Price to Book (P/B)-1.02
Price to Sales (P/S)0.94
P/FCF Ratio14.90
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
Anchorstone Holdings Limited Business Overview & Revenue Model
Company Description
Anchorstone 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 bui...
How the Company Makes Money
Anchorstone 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 build...
Anchorstone Holdings Limited Financial Statement Overview
Summary
Income Statement
30
Negative
Balance Sheet
25
Negative
Cash Flow
35
Negative
| Breakdown | TTM | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 68.75M | 58.51M | 77.20M | 130.39M | 91.94M | 170.35M |
| Gross Profit | 14.89M | 15.38M | 23.95M | 31.35M | 11.17M | 19.10M |
| 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 Assets | 103.88M | 104.59M | 190.27M | 231.82M | 274.64M | 333.50M |
| Cash, Cash Equivalents and Short-Term Investments | 628.00K | 308.00K | 507.00K | 1.32M | 2.68M | 218.00K |
| Total Debt | 45.57M | 47.66M | 60.08M | 99.67M | 125.11M | 164.18M |
| Total Liabilities | 166.61M | 158.69M | 155.03M | 178.20M | 191.61M | 209.51M |
| Stockholders Equity | -62.73M | -54.10M | 35.24M | 53.62M | 83.02M | 123.99M |
Cash Flow | ||||||
| Free Cash Flow | -3.40M | 3.71M | 13.65M | 9.63M | -2.00M | -18.36M |
| Operating Cash Flow | -3.40M | 3.71M | 13.65M | 9.66M | 1.96M | -18.31M |
| Investing Cash Flow | 1.00K | 1.00K | 2.00K | -24.00K | 30.28M | 4.80M |
| Financing Cash Flow | 2.33M | -4.17M | -13.46M | -9.41M | -27.78M | 751.00K |
Anchorstone Holdings Limited Technical Analysis
Neutral
0.14
Price Trends
0.16
Positive
0.20
Negative
0.25
Negative
Market Momentum
<0.01
Negative
56.24
Neutral
82.31
Negative
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For HK:1592, the sentiment is Neutral. The current price of 0.14 is below the 20-day moving average (MA) of 0.16, below the 50-day MA of 0.16, and below the 200-day MA of 0.25, indicating a neutral trend. The MACD of <0.01 indicates Negative momentum. The RSI at 56.24 is Neutral, neither overbought nor oversold. The STOCH value of 82.31 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for HK:1592.
Anchorstone Holdings Limited Peers Comparison
UnderperformOutperform
Sector (63)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
74 Outperform | HK$136.00M | 5.19 | 10.12% | ― | 14.65% | ― | |
63 Neutral | $10.79B | 15.43 | 7.44% | 2.01% | 2.89% | -14.66% | |
62 Neutral | HK$209.93M | 53.04 | 0.62% | 2.34% | -48.30% | -75.98% | |
62 Neutral | HK$184.34M | 1.77 | 11.46% | ― | 5.34% | 43.91% | |
58 Neutral | HK$930.31M | 18.00 | -3.78% | ― | -0.28% | -469.70% | |
46 Neutral | HK$166.39M | -1.62 | -58.26% | ― | 0.26% | 69.65% | |
38 Underperform | HK$48.07M | -2.03 | 148.20% | ― | 1.43% | -83.97% |
* Industrials Sector Average
HK:1592
Anchorstone Holdings Limited
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Anchorstone Holdings Limited Corporate Events
Anchorstone Delays Rights Issue Circular and Revises Capital-Raising Timetable
Feb 4, 2026
Anchorstone Holdings Limited has announced a delay in sending out its circular to shareholders related to its previously disclosed plans for an increase in authorised share capital and a substantial rights issue on a non-underwritten basis. The ci...
Anchorstone Plans Major Capital Increase and Non-Underwritten Rights Issue to Raise up to HK$121.6 Million
Jan 14, 2026
Anchorstone Holdings Limited plans to increase its authorised share capital from HK$50 million to HK$400 million by creating an additional 3.5 billion shares, all ranking pari passu with existing shares, subject to shareholder approval at an extra...
Anchorstone Subsidiary Faces Winding-Up Petition Over HK$9 Million Judgment Debt
Jan 7, 2026
Anchorstone Holdings Limited has disclosed that a winding-up petition has been filed by Hang Chin Marble Engineering Limited against its indirectly wholly owned subsidiary, Pacific Marble and Granite Limited, alleging insolvency over an unpaid jud...
Anchorstone Replaces Resigning Auditor with Guangshen Hong Kong CPA
Dec 29, 2025
Anchorstone Holdings Limited has announced a change of auditors, following the resignation of Rongcheng (Hong Kong) CPA Limited, which cited considerations such as professional risks, internal resources and audit fees in deciding not to continue i...
Anchorstone Holdings Clarifies Director Appointment Details
Dec 11, 2025
Anchorstone Holdings Limited has announced a clarification regarding the appointment of Prof. Jiang Zhihong as an Independent Non-Executive Director and a member of the audit committee. The company corrected a clerical error in the previous announ...
Anchorstone Holdings Limited Announces Board Composition and Roles
Dec 11, 2025
Anchorstone Holdings Limited 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 chairing the Audit, Remunerat...
Anchorstone Holdings Limited Announces Board Composition and Roles
Dec 10, 2025
Anchorstone Holdings Limited has announced the composition of its board of directors and the roles of each member. The board consists of executive directors, including Chairman Lui Yue Yun Gary, and independent non-executive directors. The company...
Anchorstone Holdings Appoints New Independent Non-Executive Director
Dec 10, 2025
Anchorstone Holdings Limited has announced the appointment of Prof. Jiang Zhihong as an independent non-executive director, effective from December 10, 2025. Prof. Jiang brings over 30 years of experience in natural product chemistry and Chinese m...
Anchorstone Holdings Completes Share Placement to Bolster Financial Position
Nov 28, 2025
Anchorstone Holdings Limited has successfully completed the placement of 48,259,000 new shares, representing approximately 16.67% of its enlarged share capital, at a price of HK$0.25 per share. The placement raised gross proceeds of approximately ...
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 Decem...
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.