Kin Shing Holdings Ltd. (1630) AI Stock Analysis

• Market Cap: HK$63.00M
• Dividend Yield: N/A
• Average Volume (3M): 710.20K
• Price to Earnings (P/E): ―
• Beta (1Y): 1.55
• Revenue Growth: -28.21%
• EPS Growth: 34.59%
• Country: HK
• Employees: 1,578
• Sector: Industrials
• Sector Strength: 72
• Industry: Engineering & Construction
• EPS (TTM): 0.00
• Shares Outstanding: 1,500,000,000
• 10 Day Avg. Volume: 38,400
• 30 Day Avg. Volume: 710,200
• PEG Ratio: 0.09
• Price to Book (P/B): 0.58
• Price to Sales (P/S): 0.08
• P/FCF Ratio: -0.86
• 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: Hold
• Number of Analyst Covering: 0
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 52 Neutral
• Price Target: HK$0.04 ▲(7.50% Upside)

Kin Shing Holdings Ltd. has a moderate overall stock score of 52, primarily driven by its challenging financial performance and valuation metrics. The technical analysis shows some positive momentum, but the stock may be overbought. The lack of earnings call data and corporate events limits further insights into the company's future prospects.

Positive Factors

Low Debt Levels

Maintaining low debt levels provides financial flexibility and reduces interest burden, supporting long-term stability and potential for growth.

Strategic Partnerships

These partnerships can lead to repeat business and larger contracts, enhancing revenue stability and market presence over the long term.

Positive Free Cash Flow Growth

Positive free cash flow growth suggests improving operational efficiency and the ability to reinvest in business expansion or reduce debt.

Negative Factors

Declining Revenue

A substantial revenue decline indicates challenges in market demand or competitive pressures, potentially impacting long-term growth prospects.

Negative Profitability

Negative profitability highlights operational inefficiencies and cost management issues, which can hinder sustainable growth and investor confidence.

Negative Operating Cash Flow

Negative operating cash flow can strain liquidity and limit the company's ability to fund operations and growth initiatives, impacting long-term viability.

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 timber and plywood; and metal formwork system by using aluminum and other metals. It also engages in building construction works; and securities investment business. The company was founded in 1994 and is headquartered in Cheung Sha Wan, Hong Kong. Kin Shing Holdings Limited is a subsidiary of Five Continental Enterprise Limited.

How the Company Makes Money

Kin Shing Holdings generates revenue through the sale of construction materials, primarily precast concrete products and scaffolding systems, to contractors and developers involved in both public and private sector projects. The company's revenue model is driven by direct sales to construction firms and long-term contracts for ongoing projects. Key revenue streams include bulk sales of precast components for large-scale developments and rental income from scaffolding equipment. Additionally, strategic partnerships with construction companies and involvement in government projects significantly contribute to its earnings, as these collaborations often lead to repeat business and larger contracts.

Kin Shing Holdings Ltd. Financial Statement Overview

Summary

Kin Shing Holdings Ltd. is facing significant financial challenges, with declining revenues and profitability issues. The company maintains a low level of debt, which is a positive aspect, but the negative return on equity and cash flow difficulties highlight operational inefficiencies. Overall, the financial health of the company is under pressure, requiring strategic improvements to stabilize and grow.

Income Statement

Kin Shing Holdings Ltd. has experienced a significant decline in revenue, with a 22.42% drop in the latest year. The company is struggling with profitability, as indicated by negative net profit and EBIT margins. The gross profit margin is extremely low, suggesting challenges in cost management. However, the company has shown some resilience in EBITDA margin, which is slightly positive.

Balance Sheet

The balance sheet shows a relatively low debt-to-equity ratio, indicating conservative leverage. However, the return on equity is negative, reflecting ongoing losses and inefficiencies in generating returns for shareholders. The equity ratio is not explicitly calculated, but the company maintains a reasonable level of equity relative to its assets.

Cash Flow

Cash flow analysis reveals a substantial negative operating cash flow, which is concerning. However, the free cash flow to net income ratio is positive, suggesting some ability to generate cash relative to net income. The free cash flow growth rate is positive, indicating improvement, but the overall cash flow situation remains challenging.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	878.76M	878.76M	1.24B	474.77M	600.86M	523.95M
Gross Profit	311.00K	311.00K	31.62M	15.27M	8.54M	4.28M
EBITDA	3.39M	3.39M	-27.57M	30.29M	9.21M	22.05M
Net Income	-9.46M	-9.46M	-43.81M	11.89M	-12.50M	2.63M
Balance Sheet
Total Assets	417.60M	417.60M	483.88M	425.96M	379.28M	391.13M
Cash, Cash Equivalents and Short-Term Investments	111.89M	111.89M	219.90M	155.62M	72.29M	186.62M
Total Debt	10.35M	10.35M	153.34M	153.66M	151.81M	1.74M
Total Liabilities	304.76M	304.76M	361.58M	259.85M	225.05M	224.41M
Stockholders Equity	112.84M	112.84M	122.30M	166.11M	154.22M	166.72M
Cash Flow
Free Cash Flow	-76.69M	-76.69M	15.79M	48.28M	-47.65M	2.05M
Operating Cash Flow	-76.15M	-76.15M	27.98M	57.26M	-42.90M	24.44M
Investing Cash Flow	6.08M	6.08M	-5.93M	-40.88M	-4.47M	-21.57M
Financing Cash Flow	9.17M	9.17M	-3.19M	-2.35M	-2.83M	-3.77M

Kin Shing Holdings Ltd. Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 0.04
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Negative
• RSI: Neutral
• STOCH: Positive

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For HK:1630, the sentiment is Negative. The current price of 0.04 is below the 20-day moving average (MA) of 0.04, below the 50-day MA of 0.04, and below the 200-day MA of 0.04, indicating a bearish trend. The MACD of >-0.01 indicates Negative momentum. The RSI at 46.36 is Neutral, neither overbought nor oversold. The STOCH value of -5.56 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for HK:1630.

Kin Shing Holdings Ltd. Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
Sector *	63 Neutral	$10.79B	15.43	7.44%	2.01%	2.89%	-14.66%
3789	54 Neutral	HK$96.00M	154.00	0.18%	―	-2.05%	―
1630	52 Neutral	HK$63.00M	-3.72	-14.78%	―	-28.21%	34.59%
1557	46 Neutral	HK$168.00M	-7.32	―	―	-52.58%	69.44%
1826	44 Neutral	HK$95.90M	-180.00	―	―	11.52%	98.72%
2195	43 Neutral	HK$76.11M	-2.41	-19.00%	―	48.86%	54.49%
1546	41 Neutral	HK$47.20M	-0.88	-41.65%	―	54.20%	-833.33%

Kin Shing Holdings Ltd. Corporate Events

Kin Shing Holdings Reports Decline in Interim Revenue but Improved Gross Profit

Kin Shing Holdings Ltd. announced its interim results for the six months ended 30 September 2025, reporting a significant decrease in revenue from HK$432,088,000 in 2024 to HK$366,561,000 in 2025. Despite the drop in revenue, the company managed to achieve a gross profit of HK$5,478,000, up from HK$1,496,000 in the previous year, indicating improved cost management. However, the profit before tax fell sharply to HK$782,000 from HK$9,453,000, largely due to increased impairment losses. The financial position of the company remains stable with total assets slightly decreasing to HK$413,303,000 from HK$417,597,000, and net assets increasing marginally to HK$113,623,000.

Kin Shing Holdings Issues Profit Warning Amid Rising Impairment Losses

Kin Shing Holdings Limited has issued a profit warning, indicating a significant decline in its consolidated profit after tax for the six months ending September 2025. The anticipated profit is not expected to exceed HK$1.0 million, a stark decrease from the HK$9.5 million recorded in the same period last year. This downturn is primarily attributed to an increase in impairment losses under the expected credit loss model, which rose to approximately HK$13.2 million from HK$1.1 million in 2024. The company’s interim results are yet to be finalized and will be published on November 28, 2025.

Kin Shing Holdings Schedules Board Meeting to Review Interim Results

Kin Shing Holdings Limited has announced a board meeting scheduled for November 28, 2025, to review and approve the unaudited interim results for the six months ending September 30, 2025. The meeting will also consider the potential payment of a dividend, which could impact shareholder returns and reflect the company’s financial health.