Sheung Yue Group Holdings Limited (1633) AI Stock Analysis

• Market Cap: HK$49.99M
• Dividend Yield: N/A
• Average Volume (3M): 219.80K
• Price to Earnings (P/E): ―
• Beta (1Y): -0.05
• Revenue Growth: -10.14%
• EPS Growth: -105.63%
• Country: HK
• Employees: 92
• Sector: Industrials
• Sector Strength: 86
• Industry: Engineering & Construction
• EPS (TTM): -0.01
• Shares Outstanding: 684,750,000
• 10 Day Avg. Volume: 138,600
• 30 Day Avg. Volume: 219,800
• PEG Ratio: 0.63
• Price to Book (P/B): 0.22
• Price to Sales (P/S): 0.00
• P/FCF Ratio: 2.00
• 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: N/A
• Number of Analyst Covering: 0

• Rating: 50 Neutral
• Price Target: ―

Sheung Yue Group Holdings Limited faces significant challenges in profitability and cash flow management despite showing revenue growth. The technical indicators suggest a neutral market sentiment, while the negative P/E ratio raises valuation concerns. The balance sheet stability provides some support, but the overall financial health and stock appeal are limited.

Sheung Yue Group Holdings Limited Business Overview & Revenue Model

Company Description

Sheung Yue Group Holdings Limited, an investment holding company, provides foundation services to private and public sectors in Hong Kong and Macau. The company's foundation works include piling construction, ELS works, pile cap construction, and site formation, as well as provides ancillary services, including loading test and construction machinery leasing services. The company was founded in 1970 and is headquartered in Kowloon, Hong Kong. Sheung Yue Group Holdings Limited is a subsidiary of Creative Elite Global Limited.

How the Company Makes Money

Sheung Yue Group Holdings Limited generates revenue primarily through contracts secured for construction and engineering projects. The company's key revenue streams include fees from foundation works, which encompass site formation, excavation, and piling activities. These projects are often sourced from government contracts, private developers, and other construction firms requiring specialized foundation engineering services. The company's financial performance is influenced by its ability to secure new contracts, manage project costs effectively, and maintain strong client relationships. Any significant partnerships, such as joint ventures with other construction firms, and favorable government policies or infrastructure development plans, also play a crucial role in enhancing its revenue generation.

Sheung Yue Group Holdings Limited Financial Statement Overview

Summary

The company shows revenue growth potential but is struggling with profitability and cash flow management. Rising costs and negative cash flows are major challenges, although the balance sheet remains stable with a moderate debt level.

Income Statement

The company has shown a positive revenue growth trend over the past years, with a notable increase of 14.6% from 2023 to 2024. However, profitability has been inconsistent, with net profit margin declining significantly due to rising costs. Gross profit margin stands at 8.7%, indicating moderate efficiency in cost management. EBIT and EBITDA margins at 2.7% and 10.8% respectively, suggest some operational challenges but also potential for improvement.

Balance Sheet

The debt-to-equity ratio of 0.63 indicates a relatively balanced use of debt financing, but the increase in debt over recent years poses a risk of higher financial leverage. Return on equity is low at 2.4%, reflecting limited profitability. The equity ratio of 50.9% suggests a stable financial structure but highlights the need for improved asset utilization and returns.

Cash Flow

The company faces significant challenges in cash flow management, with free cash flow being negative in recent years. Operating cash flow has turned negative in 2024, impacting liquidity. The free cash flow to net income ratio is concerning, indicating difficulties in converting income into cash. The lack of consistent positive cash flows raises liquidity concerns.

Breakdown	Mar 2024	Mar 2023	Mar 2022	Mar 2021	Mar 2020
Income Statement
Total Revenue	361.26M	315.14M	213.66M	279.02M	351.94M
Gross Profit	31.25M	34.40M	32.54M	6.83M	15.12M
EBITDA	38.88M	42.96M	34.15M	1.73M	14.61M
Net Income	4.29M	10.84M	11.19M	-14.47M	1.33M
Balance Sheet
Total Assets	356.32M	311.89M	288.30M	275.69M	272.96M
Cash, Cash Equivalents and Short-Term Investments	17.31M	29.11M	14.34M	21.78M	23.04M
Total Debt	114.43M	97.28M	76.44M	32.63M	12.01M
Total Liabilities	174.93M	134.79M	122.04M	120.63M	103.42M
Stockholders Equity	181.38M	177.10M	166.26M	155.07M	169.54M
Cash Flow
Free Cash Flow	-14.23M	-9.60M	-53.90M	-20.31M	-40.58M
Operating Cash Flow	-4.26M	37.18M	-21.85M	9.03M	-14.02M
Investing Cash Flow	-12.00M	-35.52M	-20.76M	-18.29M	-6.17M
Financing Cash Flow	4.46M	13.10M	35.17M	8.00M	2.23M

Sheung Yue Group Holdings Limited Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 0.07
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Negative
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For HK:1633, the sentiment is Positive. The current price of 0.07 is above the 20-day moving average (MA) of 0.06, above the 50-day MA of 0.06, and above the 200-day MA of 0.07, indicating a bullish trend. The MACD of <0.01 indicates Negative momentum. The RSI at 82.65 is Negative, neither overbought nor oversold. The STOCH value of 73.38 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for HK:1633.

Sheung Yue Group Holdings Limited Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
Sector *	58 Neutral	HK$14.20B	4.67	-2.78%	5.88%	3.78%	-54.63%
3728	56 Neutral	HK$34.44M	3.66	7.15%	―	13.59%	-19.85%
8423	56 Neutral	HK$40.00M	2.76	-8.14%	―	40.98%	-222.22%
1633	50 Neutral	HK$49.99M	―	-5.47%	―	-10.14%	-105.63%
2113	31 Underperform	HK$37.02M	―		―	-70.35%	-3.90%
3321	―	HK$33.91M	―		―	―	―
8445	41 Neutral	HK$49.75M	―	-11.50%	―	30.11%	12.01%

Sheung Yue Group Holdings Limited Corporate Events

Sheung Yue Group Holdings Limited Announces Auditor Change

Sheung Yue Group Holdings Limited has announced a change in its auditor, with Elite Partners CPA Limited resigning due to an inability to agree on the audit fee for the financial year ending March 31, 2025. The company has appointed McMillan Woods (Hong Kong) CPA Limited as the new auditor, effective March 17, 2025, following a recommendation from the Audit Committee. The transition is not expected to impact the company’s 2025 Annual Audit.