tiprankstipranks
Lap Kei Engineering (Holdings) Limited (HK:1690)
:1690
Hong Kong Market

Lap Kei Engineering (Holdings) Limited (1690) AI Stock Analysis

0 Followers

Top Page

HK:1690

Lap Kei Engineering (Holdings) Limited

(1690)

Select Model
Select Model
Select Model
Neutral 56 (OpenAI - 5.2)
Rating:56Neutral
Price Target:
HK$0.08
▲(18.57% Upside)
Action:ReiteratedDate:12/30/25
The score is mainly driven by solid solvency and better recent cash flow, offset by sharply weaker profitability (very thin margins and lower ROE). Technical indicators add downside pressure due to negative momentum, while valuation is constrained by a very high P/E despite an attractive dividend yield.
Positive Factors
Balance Sheet Strength
A strong balance sheet with low leverage provides financial flexibility, enabling the company to withstand cyclical downturns in the construction industry.
Negative Factors
Profitability Deterioration
Deteriorating profitability with thin margins increases vulnerability to cost overruns and competitive pressures, impacting long-term earnings stability.
Read all positive and negative factors
Positive Factors
Negative Factors
Balance Sheet Strength
A strong balance sheet with low leverage provides financial flexibility, enabling the company to withstand cyclical downturns in the construction industry.
Read all positive factors

Lap Kei Engineering (Holdings) Limited (1690) vs. iShares MSCI Hong Kong ETF (EWH)

Lap Kei Engineering (Holdings) Limited Business Overview & Revenue Model

Company Description
Lap Kei Engineering (Holdings) Limited is a Hong Kong-based investment holding company principally engaged in the engineering of building services systems and related businesses. The Company operates through two segments. Building Services Enginee...
How the Company Makes Money
Lap Kei Engineering (Holdings) Limited generates revenue through its extensive portfolio of engineering services. The company primarily makes money by undertaking contracts for building services projects, which include designing, installing, and m...

Lap Kei Engineering (Holdings) Limited Financial Statement Overview

Summary
Balance sheet strength (very low leverage) and improved recent cash generation support resilience, but 2024 profitability deteriorated sharply (near-breakeven operating profitability and ~0.5% net margin) and ROE weakened, leaving a thin earnings buffer and higher execution/contract margin risk.
Income Statement
48
Neutral
Balance Sheet
78
Positive
Cash Flow
67
Positive
BreakdownTTMDec 2024Dec 2023Dec 2022Dec 2021Dec 2020
Income Statement
Total Revenue434.88M415.33M323.31M401.92M261.38M132.27M
Gross Profit23.53M23.06M26.59M25.72M27.21M8.16M
EBITDA3.29M5.28M11.61M10.83M9.69M-1.21M
Net Income1.18M2.07M7.42M10.91M10.71M-1.76M
Balance Sheet
Total Assets290.37M359.08M296.94M294.84M218.17M157.26M
Cash, Cash Equivalents and Short-Term Investments62.33M58.72M45.76M17.47M46.88M58.29M
Total Debt0.00624.00K0.0010.00M0.000.00
Total Liabilities155.37M208.91M144.48M148.69M83.51M45.20M
Stockholders Equity135.01M150.17M152.46M146.16M134.66M112.06M
Cash Flow
Free Cash Flow17.02M13.02M36.43M-39.04M-26.48M-6.79M
Operating Cash Flow22.73M18.73M39.21M-36.47M-22.08M-6.79M
Investing Cash Flow-1.51M-1.32M-388.00K-2.57M-1.21M695.00K
Financing Cash Flow-39.18M-4.44M-10.54M9.63M11.89M-2.00K

Lap Kei Engineering (Holdings) Limited Technical Analysis

Technical Analysis Sentiment
Positive
Last Price0.07
Price Trends
50DMA
0.09
Positive
100DMA
0.09
Positive
200DMA
0.07
Positive
Market Momentum
MACD
0.03
Negative
RSI
76.62
Negative
STOCH
85.90
Negative
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For HK:1690, the sentiment is Positive. The current price of 0.07 is below the 20-day moving average (MA) of 0.12, below the 50-day MA of 0.09, and below the 200-day MA of 0.07, indicating a bullish trend. The MACD of 0.03 indicates Negative momentum. The RSI at 76.62 is Negative, neither overbought nor oversold. The STOCH value of 85.90 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for HK:1690.

Lap Kei Engineering (Holdings) Limited Peers Comparison

Overall Rating
UnderperformOutperform
Sector (63)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
63
Neutral
$10.79B15.437.44%2.01%2.89%-14.66%
63
Neutral
HK$105.03M4.631.45%-19.27%-47.47%
56
Neutral
HK$277.48M6.7611.27%13.51%57.78%-78.95%
47
Neutral
HK$140.04M-3.28-9.59%-9.82%-309.09%
43
Neutral
HK$100.04M-1.14-47.12%-70.99%-2956.76%
43
Neutral
HK$139.20M-14.63-47.44%-34.70%-388.24%
* Industrials Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
HK:1690
Lap Kei Engineering (Holdings) Limited
0.19
0.13
200.00%
HK:1413
Kwong Luen Engineering Holdings Limited
0.31
-0.05
-15.04%
HK:1741
Ri Ying Holdings Ltd.
0.17
0.07
74.00%
HK:3878
Vicon Holdings Limited
0.22
0.04
21.67%
HK:6080
Wing Chi Holdings Limited
0.13
0.07
119.30%
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

Disclaimer

This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.Date of analysis: Dec 30, 2025