Kin Shing Holdings Ltd. (HK:1630)
:1630
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Kin Shing Holdings Ltd.
(1630)
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Rating:55Neutral
Price Target:
HK$0.09
▲(130.00% Upside)
Action:ReiteratedDate:03/18/26
The score is held back primarily by deteriorating financial performance (revenue decline, losses, and negative operating cash flow). Technicals provide support with a clear uptrend, but overbought momentum (RSI > 70) adds risk. Valuation is only middling with a ~23.5 P/E and no dividend yield data to offset fundamentals.
Positive Factors
Conservative leverage
A relatively low debt-to-equity ratio indicates conservative leverage, providing financial flexibility. Over 2-6 months this reduces refinancing risk, lowers interest burden, and allows the company to bid on projects or absorb delays without immediate liquidity stress, supporting operational continuity.
Negative Factors
Material revenue decline
A steep 22% revenue drop signals loss of scale and project volume, which materially pressures fixed-cost absorption and pricing leverage. If sustained, reduced top-line momentum undermines margin recovery and the company’s ability to maintain workforce and equipment utilization over the next several quarters.
Read all positive and negative factors
Positive Factors
Negative Factors
Conservative leverage
A relatively low debt-to-equity ratio indicates conservative leverage, providing financial flexibility. Over 2-6 months this reduces refinancing risk, lowers interest burden, and allows the company to bid on projects or absorb delays without immediate liquidity stress, supporting operational continuity.
Read all positive factors
Kin Shing Holdings Ltd. (1630) vs. iShares MSCI Hong Kong ETF (EWH)
Market Cap
HK$181.50M
Dividend YieldN/A
Average Volume (3M)710.20K
Price to Earnings (P/E)23.5
Beta (1Y)1.66
Revenue Growth-28.21%
EPS Growth34.59%
CountryHK
Employees1,578
SectorIndustrials
Sector Strength72
IndustryEngineering & Construction
Share Statistics
EPS (TTM)0.00
Shares Outstanding1,500,000,000
10 Day Avg. Volume38,400
30 Day Avg. Volume710,200
Financial Highlights & Ratios
PEG Ratio0.09
Price to Book (P/B)0.58
Price to Sales (P/S)0.08
P/FCF Ratio-0.86
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
Kin Shing Holdings Ltd. Business Overview & Revenue Model
Company Description
Kin Shing Holdings Limited, together with its subsidiaries, engages in erecting formworks for construction works in private residential and commercial buildings primarily in Hong Kong. The company primarily provides timber formworks by using timbe...
How the Company Makes Money
Kin Shing Holdings Limited makes money mainly by providing subcontracted formwork works on construction projects. Revenue is generated from contracts where the company is engaged to (i) supply formwork materials/systems and (ii) perform labor-inte...
Kin Shing Holdings Ltd. Financial Statement Overview
Summary
Income Statement
45
Neutral
Balance Sheet
55
Neutral
Cash Flow
50
Neutral
| Breakdown | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 878.76M | 1.24B | 474.77M | 600.86M | 523.95M |
| Gross Profit | 311.00K | 31.62M | 15.27M | 8.54M | 4.28M |
| EBITDA | 3.39M | -27.57M | 30.29M | 9.21M | 22.05M |
| Net Income | -9.46M | -43.81M | 11.89M | -12.50M | 2.63M |
Balance Sheet | |||||
| Total Assets | 417.60M | 483.88M | 425.96M | 379.28M | 391.13M |
| Cash, Cash Equivalents and Short-Term Investments | 111.89M | 219.90M | 155.62M | 72.29M | 186.62M |
| Total Debt | 10.35M | 153.34M | 153.66M | 151.81M | 1.74M |
| Total Liabilities | 304.76M | 361.58M | 259.85M | 225.05M | 224.41M |
| Stockholders Equity | 112.84M | 122.30M | 166.11M | 154.22M | 166.72M |
Cash Flow | |||||
| Free Cash Flow | -76.69M | 15.79M | 48.28M | -47.65M | 2.05M |
| Operating Cash Flow | -76.15M | 27.98M | 57.26M | -42.90M | 24.44M |
| Investing Cash Flow | 6.08M | -5.93M | -40.88M | -4.47M | -21.57M |
| Financing Cash Flow | 9.17M | -3.19M | -2.35M | -2.83M | -3.77M |
Kin Shing Holdings Ltd. Technical Analysis
Positive
0.04
Price Trends
0.09
Positive
0.07
Positive
0.06
Positive
Market Momentum
<0.01
Negative
65.14
Neutral
69.59
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For HK:1630, the sentiment is Positive. The current price of 0.04 is below the 20-day moving average (MA) of 0.09, below the 50-day MA of 0.09, and below the 200-day MA of 0.06, indicating a bullish trend. The MACD of <0.01 indicates Negative momentum. The RSI at 65.14 is Neutral, neither overbought nor oversold. The STOCH value of 69.59 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for HK:1630.
Kin Shing Holdings Ltd. Peers Comparison
UnderperformOutperform
Sector (63)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
63 Neutral | $10.79B | 15.43 | 7.44% | 2.01% | 2.89% | -14.66% | |
55 Neutral | HK$181.50M | 23.50 | -16.01% | ― | -28.21% | 34.59% | |
54 Neutral | HK$120.00M | 4.72 | 0.18% | ― | -2.05% | ― | |
49 Neutral | HK$64.27M | -1.27 | -52.54% | ― | 48.86% | 54.49% | |
48 Neutral | HK$212.00M | -0.77 | -48.75% | ― | 54.20% | -833.33% | |
47 Neutral | HK$184.80M | -2.34 | 310.17% | ― | -52.58% | 69.44% | |
44 Neutral | HK$255.74M | -7.35 | 13.76% | ― | 11.52% | 98.72% |
* Industrials Sector Average
HK:1630
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Kin Shing Holdings Ltd. Corporate Events
Kin Shing Holdings Strengthens Board with Appointment of Veteran Executive Eric Todd
Jan 6, 2026
Kin Shing Holdings Limited has appointed veteran finance professional Eric Todd as an executive director and member of its investment committee, effective 6 January 2026. Todd brings more than three decades of experience in auditing, financial man...
Kin Shing Holdings Updates Board and Committee Structure
Jan 6, 2026
Kin Shing Holdings Limited has announced an updated composition of its board of directors, effective 6 January 2026, listing both executive and independent non-executive directors. The company has also clarified the membership and chairmanship of ...
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.