Yee Hop Holdings Ltd. (1662) AI Stock Analysis

• Market Cap: HK$520.15M
• Dividend Yield: N/A
• Average Volume (3M): 7.08M
• Price to Earnings (P/E): 11.0
• Beta (1Y): 0.20
• Revenue Growth: -16.13%
• EPS Growth: 5.48%
• Country: HK
• Employees: 419
• Sector: Industrials
• Sector Strength: 72
• Industry: Engineering & Construction
• EPS (TTM): 0.08
• Shares Outstanding: 515,000,000
• 10 Day Avg. Volume: 6,555,500
• 30 Day Avg. Volume: 7,075,233
• PEG Ratio: 0.36
• Price to Book (P/B): 2.42
• Price to Sales (P/S): 1.05
• P/FCF Ratio: 16.66
• 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
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 58 Neutral
• Price Target: HK$1.00 ▼(-55.36% Downside)
• Action: Reiterated Date: 03/03/26
• Date: Action: Reiterated 03/03/26

The score is held back primarily by weak technicals (price far below key moving averages with negative MACD), despite solid underlying financial performance driven by strong revenue growth and improving margins. Valuation is reasonable based on the P/E, but the lack of dividend data and softer cash-flow trends limit upside in the composite score.

Positive Factors

Revenue Growth

Reported 17% revenue growth reflects durable demand and successful contract wins. For an engineering & construction firm, sustained top-line growth improves utilization of fixed capacity, supports scale economics, and creates a base for continued margin and earnings expansion over the medium term.

Margin Improvement

An improved gross margin and healthy operating margins signal better cost control and project execution. In construction, margin improvements persistently indicate stronger bidding, procurement and delivery capabilities, supporting cash generation and reinvestment capacity over coming quarters.

Improved Leverage

Lower debt-to-equity and a stable equity base reduce financial risk and increase capacity for selective project financing. Improved leverage enhances resilience to cyclicality in construction, lowers interest burden over time, and preserves strategic flexibility for growth or M&A.

Negative Factors

Falling Free Cash Flow

A 7.45% drop in free cash flow weakens the firm's ability to fund working capital, capex and project mobilization from internal sources. In project-centric industries, persistent FCF declines force reliance on external financing and can restrict bidding capacity and long-term growth execution.

Weak Cash Conversion

An OCF/net income of 0.25 indicates low cash conversion and potential working capital or receivables pressure. For engineering firms, weak conversion raises concerns about earnings quality and exposes the company to timing risk on collections, which can impair sustainable investment and dividend capacity.

Low Net Profit Margin

A net margin of 3.59% leaves limited buffer against cost inflation, project overruns, or pricing pressure. Modest final profitability constrains retained earnings available for debt reduction or growth, making long-term shareholder returns sensitive to even small adverse changes in costs or revenues.

Yee Hop Holdings Ltd. Business Overview & Revenue Model

Company Description

Yee Hop Holdings Limited, an investment holding company, provides engineering and construction services in Hong Kong, the People's Republic of China, and the Philippines. It operates through Foundation and Other Civil Works; Tunneling Works; and Premises Revitalisation and Enhancement segments. Its foundation works include construction of mini-piles, rock-socketed steel H-piles, and driven steel H piles, as well as driven steel H piles, such as site formation works, and road and pavement works; and tunneling works comprise pipe jacking, hand dig tunnel, and cut-and-cover tunnel works. The company also provides premises revitalisation and enhancement services. Yee Hop Holdings Limited was incorporated in 1989 and is headquartered in Kowloon Bay, Hong Kong.

How the Company Makes Money

Yee Hop Holdings Ltd. generates revenue primarily through the production and sale of its manufactured goods, including home appliances and consumer electronics. The company benefits from a diverse range of product offerings, which allows it to cater to various consumer needs and preferences. Key revenue streams include direct sales to retailers and distributors, as well as online sales through e-commerce platforms. Additionally, Yee Hop Holdings may have significant partnerships with other companies for distribution and joint ventures, which can enhance its market presence and drive sales growth. The company also focuses on maintaining cost efficiency in production, which contributes positively to its profit margins.

Yee Hop Holdings Ltd. Financial Statement Overview

Summary

Financials are solid overall: strong revenue growth (17%) and improved gross margin (12.36%) support the income statement (75). Balance sheet leverage is improved with debt-to-equity at 0.72 and ROE at 8.29% (70). Cash flow is the main weaker area, with free cash flow down 7.45% and low operating cash flow to net income (0.25) (65).

Income Statement

Yee Hop Holdings Ltd. has shown a strong revenue growth rate of 17% in the latest year, indicating a positive trend in sales. The gross profit margin has improved to 12.36%, reflecting better cost management. However, the net profit margin remains modest at 3.59%, suggesting room for improvement in profitability. The EBIT and EBITDA margins are healthy, indicating efficient operations.

Balance Sheet

The company's debt-to-equity ratio has decreased to 0.72, showing improved leverage management. Return on equity is at 8.29%, indicating decent profitability for shareholders. The equity ratio is stable, suggesting a balanced capital structure. However, the company should continue to monitor its debt levels to maintain financial stability.

Cash Flow

Operating cash flow is positive, but the free cash flow has decreased by 7.45%, indicating potential challenges in cash generation. The operating cash flow to net income ratio is 0.25, suggesting that cash generation from operations is lower compared to net income. The free cash flow to net income ratio is strong at 0.85, indicating efficient cash conversion.

Breakdown	TTM	Mar 2024	Mar 2023	Mar 2022	Mar 2021	Mar 2020
Income Statement
Total Revenue	928.05M	1.11B	832.05M	707.80M	736.00M	863.87M
Gross Profit	152.59M	137.04M	93.22M	76.21M	103.93M	99.78M
EBITDA	102.93M	111.73M	103.31M	78.14M	74.83M	100.28M
Net Income	47.06M	39.85M	22.07M	12.08M	39.51M	49.32M
Balance Sheet
Total Assets	1.11B	1.00B	1.08B	1.06B	877.87M	965.97M
Cash, Cash Equivalents and Short-Term Investments	256.43M	150.99M	166.74M	127.20M	161.36M	115.06M
Total Debt	349.83M	347.64M	390.13M	458.73M	295.89M	292.57M
Total Liabilities	601.97M	558.09M	596.26M	582.98M	403.69M	522.16M
Stockholders Equity	556.42M	480.84M	499.17M	480.51M	473.34M	397.10M
Cash Flow
Free Cash Flow	129.57M	69.93M	82.62M	-28.61M	-6.39M	29.33M
Operating Cash Flow	153.47M	82.51M	94.57M	4.05M	9.58M	104.82M
Investing Cash Flow	-28.48M	-10.01M	-7.10M	-74.30M	118.29M	-42.47M
Financing Cash Flow	-81.75M	-91.21M	-48.23M	36.64M	-33.16M	-23.22M

Yee Hop Holdings Ltd. Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 2.24
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For HK:1662, the sentiment is Negative. The current price of 2.24 is above the 20-day moving average (MA) of 1.10, above the 50-day MA of 1.38, and above the 200-day MA of 2.17, indicating a bearish trend. The MACD of -0.11 indicates Negative momentum. The RSI at 36.36 is Neutral, neither overbought nor oversold. The STOCH value of 23.46 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for HK:1662.

Yee Hop Holdings Ltd. Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
1556	78 Outperform	HK$562.50M	2.02	16.66%	5.71%	17.51%	1.48%
Sector *	63 Neutral	$10.79B	15.43	7.44%	2.01%	2.89%	-14.66%
1662	58 Neutral	HK$520.15M	10.98	9.07%	―	-16.13%	5.48%
1780	48 Neutral	HK$434.00M	-21.69	-5.86%	5.26%	-55.42%	-281.93%
1707	47 Neutral	HK$82.32M	-5.35	-9.80%	―	3.97%	14.02%
1499	45 Neutral	HK$939.84M	707.71	-7.82%	―	-16.73%	65.63%
0711	45 Neutral	HK$792.24M	3.25	2.27%	1.93%	0.97%	―

Yee Hop Holdings Ltd. Corporate Events

Yee Hop’s Trio AI Strikes Strategic AI Infrastructure Partnership with HGC

Yee Hop Holdings’ subsidiary Trio AI Limited has entered into a strategic collaboration with HGC Global Communications to provide AI Acceleration Server services, combining Trio AI’s advanced AI server hardware and platform capabilities with HGC’s fixed-line telecommunications network, ICT infrastructure and extensive enterprise customer base. The partnership is aimed at jointly delivering high-performance AI-powered computing solutions to corporate clients, enhancing both parties’ technology offerings, and accelerating adoption of AI infrastructure across industries in Hong Kong and the wider region, creating new business opportunities and potentially strengthening Yee Hop’s diversification into the fast-growing AI services segment while the company cautions investors to exercise care when dealing in its securities.

The most recent analyst rating on (HK:1662) stock is a Hold with a HK$2.50 price target. To see the full list of analyst forecasts on Yee Hop Holdings Ltd. stock, see the HK:1662 Stock Forecast page.

Yee Hop Holdings Announces Proposed Acquisition of AIMO (HK) Limited

Yee Hop Holdings Ltd. announced a memorandum of understanding for a proposed acquisition of a 55% equity interest in AIMO (HK) Limited. This acquisition is intended to be completed through a capital injection or equity transfer, subject to due diligence and formal agreement. This move could potentially enhance Yee Hop Holdings’ market position and expand its operational capabilities.

The most recent analyst rating on (HK:1662) stock is a Hold with a HK$2.50 price target. To see the full list of analyst forecasts on Yee Hop Holdings Ltd. stock, see the HK:1662 Stock Forecast page.