Kin Shing Holdings Ltd. (1630) AI Stock Analysis

• Market Cap: HK$61.50M
• Dividend Yield: N/A
• Average Volume (3M): 710.20K
• Price to Earnings (P/E): ―
• Beta (1Y): 1.50
• Revenue Growth: -29.39%
• EPS Growth: 78.42%
• Country: HK
• Employees: 1,578
• Sector: Industrials
• Sector Strength: 72
• Industry: Engineering & Construction
• EPS (TTM): -0.01
• 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: 1

• Rating: 45 Neutral
• Price Target: HK$0.00 ▼(-100.00% Downside)

Kin Shing Holdings Ltd. is currently facing significant financial and operational challenges. The most impactful factor is the company's poor financial performance, characterized by declining revenues and profitability issues. Technical analysis indicates bearish momentum, and valuation metrics are unattractive due to negative earnings. These factors contribute to a low overall stock score, highlighting the need for strategic improvements.

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 Ltd. generates revenue primarily through its construction and engineering services, which include contracts for public and private sector projects. The company typically earns money by bidding for and securing contracts, which can range from small-scale building projects to large infrastructure developments. Key revenue streams include project fees, management fees, and service charges associated with construction and engineering works. The company may also derive income from property development and investment activities, where it capitalizes on the appreciation of real estate assets. Strategic partnerships with government agencies and private developers are crucial to securing contracts, while maintaining a strong reputation for quality and reliability enhances its competitive edge in the industry.

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	3.32M	4.67M	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: Positive
• 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 0.05, below the 50-day MA of 0.05, and below the 200-day MA of 0.04, indicating a bearish trend. The MACD of >-0.01 indicates Positive momentum. The RSI at 31.85 is Neutral, neither overbought nor oversold. The STOCH value of -2.65 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	55 Neutral	HK$66.00M	―	-1.93%	―	-6.72%	-161.73%
1557	47 Neutral	HK$97.92M	―	―	―	-26.03%	1.48%
1630	45 Neutral	HK$61.50M	―	-8.05%	―	-29.39%	78.42%
1546	41 Neutral	HK$48.00M	―	-35.67%	―	55.11%	-717.31%
1826	40 Underperform	HK$79.92M	10.14	-265.97%	―	11.52%	98.72%
2195	40 Underperform	HK$70.48M	―	-19.00%	―	48.86%	54.35%

Kin Shing Holdings Ltd. Corporate Events

Kin Shing Holdings Announces Unanimous Approval of AGM Resolutions

Kin Shing Holdings Limited, a company incorporated in the Cayman Islands, announced the successful passing of all proposed resolutions during its 2025 Annual General Meeting held on August 15, 2025. The resolutions included the adoption of financial statements, re-election of executive and non-executive directors, re-appointment of auditors, and granting of mandates for share allotment and repurchase. The unanimous approval of these resolutions reflects strong shareholder support and positions the company for continued strategic initiatives.

Kin Shing Holdings Announces 2025 AGM and Key Resolutions

Kin Shing Holdings Limited has announced its 2025 Annual General Meeting to be held on August 15, 2025, in Hong Kong. The meeting will address several key resolutions, including the adoption of financial statements, re-election of directors, re-appointment of auditors, and authorization for the board to manage share allocations. These decisions are crucial for the company’s governance and operational continuity, potentially impacting its strategic direction and shareholder value.

Kin Shing Holdings Reports Decreased Revenue and Losses for 2025

Kin Shing Holdings Limited announced its annual results for the year ended 31 March 2025, reporting a significant decrease in revenue from HK$1,244,556,000 in 2024 to HK$878,762,000 in 2025. The company also reported a net loss of HK$9,460,000 for the year, a reduction from the previous year’s loss of HK$43,810,000. Despite the decrease in revenue and continued losses, the company managed to reduce its impairment losses and administrative expenses, which may indicate efforts to streamline operations and improve financial health.

Kin Shing Holdings Reports Significant Reduction in Annual Loss

Kin Shing Holdings Limited announced a significant reduction in its consolidated loss after tax for the year ended March 31, 2025, reporting a loss of not more than HK$10.0 million compared to HK$43.8 million the previous year. This improvement is attributed to an unrealized gain on trading securities, dividend income, and a reduced provision for impairment losses, despite a decline in gross profit due to market fluctuations in the construction industry.

Kin Shing Holdings to Review Annual Results and Dividend

Kin Shing Holdings Limited has announced a board meeting scheduled for June 30, 2025, to discuss and approve the annual results for the year ending March 31, 2025, and to consider the payment of a final dividend. This meeting could impact the company’s financial strategies and shareholder returns, reflecting its operational performance and future financial planning.