Sunevision Holdings Ltd. (1686) AI Stock Analysis

• Market Cap: €14.42B
• Dividend Yield: 1.83%
• Average Volume (3M): 6.23M
• Price to Earnings (P/E): 14.6
• Beta (1Y): 1.07
• Revenue Growth: 9.90%
• EPS Growth: 7.68%
• Country: HK
• Employees: 518
• Sector: Real Estate
• Sector Strength: 53
• Industry: Real Estate - Services
• EPS (TTM): 0.12
• Shares Outstanding: 2,360,720,200
• 10 Day Avg. Volume: 3,946,178
• 30 Day Avg. Volume: 6,231,685
• PEG Ratio: 2.35
• Price to Book (P/B): 3.07
• Price to Sales (P/S): 6.03
• P/FCF Ratio: 26.14
• 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: €10.04
• Price Target Upside: 67.31% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 1

• Rating: 60 Neutral
• Price Target: HK$7.50 ▲(25.00% Upside)

The overall stock score of 60 reflects strong financial performance with robust profitability, but is offset by high leverage and declining cash flow. Technical analysis indicates bearish momentum, while valuation metrics suggest the stock is reasonably priced. The absence of earnings call and corporate events data limits further insights.

Positive Factors

Revenue Growth

Sunevision's consistent revenue growth highlights its strong market position and demand for its data center services, supporting long-term business sustainability.

Profitability

High profit margins indicate efficient operations and pricing power, contributing to financial stability and the ability to reinvest in growth opportunities.

Strategic Location

Being located in a major financial and technological hub like Hong Kong positions Sunevision advantageously to attract global clients, driving sustained demand for its services.

Negative Factors

High Leverage

High leverage increases financial risk and limits flexibility, potentially impacting the company's ability to invest in growth or weather economic downturns.

Declining Cash Flow

A sharp decline in cash flow growth can strain liquidity and hinder the company's ability to fund operations or strategic initiatives without additional financing.

Net Profit Margin Pressure

Decreasing net profit margins suggest rising costs or competitive pressures, which could affect future profitability if not addressed through cost management or pricing strategies.

Sunevision Holdings Ltd. Business Overview & Revenue Model

Company Description

Sunevision Holdings Ltd. (1686) is a leading provider of data center services in Hong Kong. As a subsidiary of Sun Hung Kai Properties, the company focuses on the development and operation of data centers that support cloud-based computing, data storage, and internet connectivity services. Sunevision's core offerings include colocation services, managed services, and network services, which cater to the needs of enterprises, telecom operators, and cloud service providers.

How the Company Makes Money

Sunevision Holdings Ltd. generates revenue primarily through its data center services, which include colocation, managed services, and network services. Colocation services involve leasing server space to clients who require secure and reliable infrastructure to house their IT equipment. Managed services provide additional support such as remote hands and technical assistance. Network services offer robust connectivity options, enabling clients to connect their systems seamlessly. The company's strategic location in Hong Kong, a major financial and technological hub, enhances its appeal to international clients seeking regional data solutions. Sunevision also benefits from strong partnerships with telecommunications companies and cloud service providers, which contribute significantly to its revenue growth.

Sunevision Holdings Ltd. Financial Statement Overview

Summary

Sunevision Holdings Ltd. shows strong revenue growth and profitability with solid EBIT and EBITDA margins. However, high debt levels and declining free cash flow growth present potential risks, requiring careful leverage management and improved cash flow generation.

Income Statement

Sunevision Holdings Ltd. has shown consistent revenue growth over the years, with a recent growth rate of 2.96% in 2025. The company maintains strong profitability with a gross profit margin of 56.67% and a net profit margin of 33.33% in 2025. The EBIT and EBITDA margins are also robust at 49.83% and 71.55%, respectively. However, the net profit margin has slightly decreased from previous years, indicating some pressure on net income growth.

Balance Sheet

The company's balance sheet reflects a high debt-to-equity ratio of 2.95 in 2025, indicating significant leverage. While the return on equity is healthy at 16.96%, the high leverage poses a risk. The equity ratio stands at 23.20%, suggesting a moderate level of equity financing relative to total assets.

Cash Flow

Sunevision Holdings Ltd. experienced a significant decline in free cash flow growth, with a rate of -204.64% in 2025. The operating cash flow to net income ratio is 0.48, indicating that operating cash flow is less than net income, which could be a concern for cash generation. The free cash flow to net income ratio is 0.36, showing some ability to convert net income into free cash flow, but the negative growth trend is worrying.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	2.94B	2.94B	2.67B	2.35B	2.09B	1.87B
Gross Profit	1.67B	1.67B	1.41B	1.32B	1.20B	1.10B
EBITDA	1.89B	2.10B	1.86B	1.70B	1.50B	1.36B
Net Income	979.41M	979.41M	907.19M	905.37M	846.83M	787.73M
Balance Sheet
Total Assets	24.90B	24.90B	24.07B	20.78B	18.14B	16.47B
Cash, Cash Equivalents and Short-Term Investments	423.60M	423.60M	498.74M	237.28M	309.67M	387.32M
Total Debt	17.02B	17.02B	16.60B	13.75B	11.90B	10.57B
Total Liabilities	19.12B	19.12B	18.95B	16.12B	13.55B	12.02B
Stockholders Equity	5.78B	5.78B	5.12B	4.65B	4.58B	4.44B
Cash Flow
Free Cash Flow	678.39M	678.39M	-1.39B	-472.33M	-415.25M	-552.28M
Operating Cash Flow	1.87B	1.87B	1.59B	1.47B	1.33B	1.27B
Investing Cash Flow	-1.20B	-1.18B	-2.96B	-1.94B	-1.74B	-1.82B
Financing Cash Flow	36.03M	-766.89M	1.64B	394.31M	336.67M	536.78M

Sunevision Holdings Ltd. Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 6.00
• 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:1686, the sentiment is Negative. The current price of 6 is below the 20-day moving average (MA) of 6.55, below the 50-day MA of 7.06, and below the 200-day MA of 6.74, indicating a bearish trend. The MACD of -0.27 indicates Positive momentum. The RSI at 32.28 is Neutral, neither overbought nor oversold. The STOCH value of 9.52 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for HK:1686.

Sunevision Holdings Ltd. Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
6049	71 Outperform	HK$18.59B	11.29	15.94%	4.20%	6.54%	3.26%
6098	66 Neutral	$20.96B	13.84	3.72%	4.85%	7.23%	―
Sector *	65 Neutral	$2.17B	12.19	3.79%	4.94%	3.15%	1.96%
2602	64 Neutral	HK$26.58B	20.72	7.08%	1.43%	5.75%	-31.63%
2869	62 Neutral	HK$14.69B	16.64	10.30%	2.79%	-0.95%	14.89%
1686	60 Neutral	€14.42B	14.63	18.68%	1.83%	9.90%	7.68%
6666	58 Neutral	HK$12.00B	11.19	185.17%	―	4.74%	-21.33%

Sunevision Holdings Ltd. Corporate Events

SUNeVision Holdings Ltd. Announces Annual General Meeting and Key Resolutions

SUNeVision Holdings Ltd. has announced its upcoming annual general meeting scheduled for October 31, 2025. Key agenda items include the consideration of financial statements, re-election of directors, declaration of a final dividend, and re-appointment of auditors. Additionally, the company seeks approval for the issuance of additional shares, which could impact its capital structure and shareholder value.

The most recent analyst rating on (HK:1686) stock is a Buy with a HK$10.00 price target. To see the full list of analyst forecasts on Sunevision Holdings Ltd. stock, see the HK:1686 Stock Forecast page.

Sunevision Holdings Declares Final Dividend for 2025

Sunevision Holdings Ltd. has announced a final ordinary cash dividend of HKD 0.12 per share for the financial year ending June 30, 2025. The dividend will be paid on November 20, 2025, following shareholder approval on October 31, 2025. This announcement reflects the company’s commitment to returning value to its shareholders and may influence investor sentiment positively.

The most recent analyst rating on (HK:1686) stock is a Buy with a HK$9.00 price target. To see the full list of analyst forecasts on Sunevision Holdings Ltd. stock, see the HK:1686 Stock Forecast page.

SUNeVision Holdings Ltd. Forms Nomination Committee to Enhance Board Governance

SUNeVision Holdings Ltd. has established a Nomination Committee to ensure fair and transparent director appointments. The committee, primarily composed of independent non-executive directors, is tasked with reviewing the board’s structure, assessing director qualifications, and making recommendations for board appointments and succession planning. This initiative aims to align board composition with the company’s corporate strategy and enhance governance.

The most recent analyst rating on (HK:1686) stock is a Buy with a HK$9.00 price target. To see the full list of analyst forecasts on Sunevision Holdings Ltd. stock, see the HK:1686 Stock Forecast page.

Sunevision Holdings Reports Strong Financial Growth and Increased Demand for Data Center Services

Sunevision Holdings Ltd. reported a robust financial performance for the year ended June 30, 2025, with a 10% increase in revenue to HK$2,938 million, driven by the growth of existing facilities and new data center capacity. EBITDA rose by 15% to HK$2,128 million, and profit attributable to shareholders increased by 8% to HK$979 million, despite higher interest expenses. The company also saw strong demand for its data center services, particularly from hyperscale customers and enterprises investing in cloud services and AI workloads.

The most recent analyst rating on (HK:1686) stock is a Buy with a HK$9.00 price target. To see the full list of analyst forecasts on Sunevision Holdings Ltd. stock, see the HK:1686 Stock Forecast page.

SUNeVision Holdings to Announce Annual Results and Dividend Consideration

SUNeVision Holdings Ltd. announced that its board of directors will meet on September 2, 2025, to approve the company’s annual financial results for the year ending June 30, 2025, and to consider recommending a final dividend. This meeting is significant as it will determine the company’s financial performance and potential shareholder returns, impacting its market positioning and stakeholder interests.

The most recent analyst rating on (HK:1686) stock is a Buy with a HK$4.60 price target. To see the full list of analyst forecasts on Sunevision Holdings Ltd. stock, see the HK:1686 Stock Forecast page.