Sino Harbour Holdings Group Limited (1663) AI Stock Analysis

• Market Cap: HK$209.44M
• Dividend Yield: N/A
• Average Volume (3M): 76.70K
• Price to Earnings (P/E): 3.4
• Beta (1Y): 0.24
• Revenue Growth: 105.34%
• EPS Growth: 75.69%
• Country: HK
• Employees: 306
• Sector: Real Estate
• Sector Strength: 70
• Industry: Real Estate - Services
• EPS (TTM): 0.01
• Shares Outstanding: 2,464,000,000
• 10 Day Avg. Volume: 114,600
• 30 Day Avg. Volume: 76,704
• PEG Ratio: -0.13
• Price to Book (P/B): 0.13
• Price to Sales (P/S): 0.00
• P/FCF Ratio: 1.96
• 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: 61 Neutral
• Price Target: ―

Sino Harbour Holdings Group Limited exhibits strong profitability and a stable balance sheet, but the volatile revenue growth and cash flow challenges raise concerns. Despite technical indicators suggesting a bearish trend, the stock's low P/E ratio points to potential undervaluation. Overall, the company needs to address liquidity issues to enhance its financial health and improve investor confidence.

Sino Harbour Holdings Group Limited Business Overview & Revenue Model

Company Description

Sino Harbour Holdings Group Limited (1663) is a Hong Kong-based investment holding company primarily engaged in the property development sector. The company's core business involves the development, sale, and leasing of residential and commercial properties in Mainland China. It focuses on creating high-quality real estate projects that cater to the growing middle-class population in urban areas.

How the Company Makes Money

Sino Harbour Holdings Group Limited generates revenue primarily through the sale of residential and commercial properties developed by the company. The company's revenue model is largely driven by its ability to acquire land, develop it into desirable real estate properties, and sell these units to individual and institutional buyers. Additionally, Sino Harbour may earn rental income from leasing certain commercial properties. Key factors contributing to its earnings include strategic land acquisitions, efficient project management, and the ability to meet market demand in China's real estate sector.

Sino Harbour Holdings Group Limited Financial Statement Overview

Summary

Sino Harbour Holdings Group Limited demonstrates strong profitability metrics, with a healthy EBIT margin of 17.5% and EBITDA margin of 19.4%. However, the company faces challenges with cash flow, as evidenced by a negative free cash flow and a negative operating cash flow to net income ratio, indicating potential liquidity concerns. The balance sheet is stable with manageable leverage and a solid equity position, though the return on equity is modest.

Income Statement

The company shows a strong gross profit margin of 33.2% and a net profit margin of 5.9% for the year ending 2024, indicating efficient cost management and profitability. However, the revenue growth rate has been volatile, with a significant increase from 2023 to 2024 (260.3%) following a decrease from 2022 to 2023 (-85.8%). The EBIT margin at 17.5% and EBITDA margin at 19.4% are healthy, but the fluctuations in revenue growth highlight potential instability.

Balance Sheet

The balance sheet reveals a reasonable debt-to-equity ratio of 0.36, indicating manageable leverage. The equity ratio is 40.7%, reflecting a solid equity position. The return on equity (ROE) is modest at 3.0%, suggesting room for improvement in generating returns on shareholder investments. Overall, the balance sheet displays stability with some potential for enhanced returns.

Cash Flow

The company faces challenges with cash flow, as evidenced by a negative free cash flow of -38.1 million for 2024 and a decrease from the previous year. The operating cash flow to net income ratio is negative, indicating cash flow issues relative to earnings. This highlights potential liquidity concerns that need addressing to stabilize financial health.

Breakdown
TTM	Mar 2024	Mar 2023	Mar 2022	Mar 2021	Mar 2020
Income Statement		Total Revenue
991.58M	891.66M	247.46M	1.74B	426.88M	448.42M
	Gross Profit
319.94M	296.03M	97.53M	484.63M	169.43M	192.98M
	EBIT
213.39M	156.22M	7.67M	390.26M	100.39M	123.32M
	EBITDA
221.45M	172.73M	19.06M	403.39M	107.83M	152.11M
	Net Income Common Stockholders
57.46M	52.45M	18.59M	259.12M	57.54M	56.96M
Balance Sheet		Cash, Cash Equivalents and Short-Term Investments
104.93M	184.41M	434.57M	291.70M	299.38M	367.25M
	Total Assets
3.92B	4.26B	4.83B	4.62B	5.17B	4.30B
	Total Debt
603.22M	621.25M	480.24M	482.23M	607.31M	523.38M
	Net Debt
498.29M	436.84M	45.66M	190.53M	307.94M	156.13M
	Total Liabilities
1.95B	2.25B	2.84B	2.60B	3.51B	2.68B
	Stockholders Equity
1.76B	1.73B	1.68B	1.71B	1.41B	1.37B
Cash Flow		Free Cash Flow
87.24M	-38.06M	115.24M	182.65M	-338.13M	691.42M
	Operating Cash Flow
102.46M	-22.84M	123.12M	212.33M	-318.69M	693.49M
	Investing Cash Flow
3.78M	-9.06M	-32.56M	-43.13M	170.25M	-2.87M
	Financing Cash Flow
-96.49M	20.28M	-87.20M	-169.24M	23.64M	-690.43M

Sino Harbour Holdings Group Limited Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 0.09
• 50DMA: Positive
• 100DMA: Negative
• 200DMA: Negative
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For HK:1663, the sentiment is Positive. The current price of 0.09 is above the 20-day moving average (MA) of 0.09, above the 50-day MA of 0.09, and below the 200-day MA of 0.10, indicating a neutral trend. The MACD of >-0.01 indicates Positive momentum. The RSI at 59.98 is Neutral, neither overbought nor oversold. The STOCH value of 53.33 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for HK:1663.

Sino Harbour Holdings Group Limited Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
Sector *	61 Neutral	$2.84B	10.85	0.42%	9.90%	5.94%	-21.26%
1663	61 Neutral	HK$209.44M	3.36	3.30%	―	105.34%	75.69%
3383	40 Underperform	HK$2.04B	―	-90.47%	―	-1.96%	-17.34%
1238	36 Underperform	HK$1.26B	―	-16.13%	―	10.08%	-118.45%
1996	30 Underperform	HK$182.32M	―	-238.71%	―	-43.49%	31.62%
1233	24 Underperform	$399.35M	―	-3320.67%	―	-38.81%	-263.64%