Trendzon Holdings Group Limited (1865) AI Stock Analysis

• Market Cap: HK$195.24M
• Dividend Yield: N/A
• Average Volume (3M): 6.36M
• Price to Earnings (P/E): ―
• Beta (1Y): 0.06
• Revenue Growth: 9.19%
• EPS Growth: 84.15%
• Country: HK
• Employees: 540
• Sector: Industrials
• Sector Strength: 72
• Industry: Engineering & Construction
• EPS (TTM): -0.06
• Shares Outstanding: 736,736,000
• 10 Day Avg. Volume: 6,212,760
• 30 Day Avg. Volume: 6,357,017
• PEG Ratio: -0.03
• Price to Book (P/B): 0.10
• Price to Sales (P/S): 0.13
• P/FCF Ratio: -0.42
• 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: Hold
• Number of Analyst Covering: 0
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 49 Neutral
• Price Target: HK$0.50 ▲(108.33% Upside)

Trendzon Holdings Group Limited's overall score is primarily impacted by its financial performance, with strong revenue growth overshadowed by significant profitability and cash flow challenges. Technical analysis provides a neutral outlook, while valuation concerns due to a negative P/E ratio further weigh down the score. The absence of earnings call insights or notable corporate events leaves these areas unaddressed.

Positive Factors

Revenue Growth

Strong revenue growth indicates successful market expansion and product adoption, positioning the company for potential long-term success despite current profitability challenges.

Leverage Management

Improved leverage management enhances financial stability and reduces risk, providing a stronger foundation for future growth and investment opportunities.

Diversified Revenue Streams

A diversified revenue model reduces dependency on a single income source, enhancing resilience against market fluctuations and supporting sustainable growth.

Negative Factors

Profitability Challenges

Ongoing profitability issues can hinder reinvestment in growth initiatives and strain financial resources, potentially impacting long-term viability.

Negative Cash Flow

Negative cash flow limits the company's ability to fund operations and growth, necessitating improvements in cash generation to ensure financial health.

Low Profit Margins

Low profit margins suggest inefficiencies in cost management, which could undermine competitiveness and profitability if not addressed.

Trendzon Holdings Group Limited Business Overview & Revenue Model

Company Description

Pengo Holdings Group Ltd. is a contractor, which specializes in infrastructural pipeline construction and related engineering services mainly for gas, water, telecommunications and power industries. The company was founded by Guan Wah Shi and Guan Lee Shi on July 17, 2018 and is headquartered in Singapore.

How the Company Makes Money

Trendzon Holdings Group Limited generates revenue through multiple streams. Its primary revenue model includes income derived from its investments in technology companies, real estate projects, and logistics operations. The company earns profits from property sales, rental income, and fees associated with logistics services. Additionally, Trendzon may engage in strategic partnerships and joint ventures with other firms to enhance its market reach and operational efficiency. These collaborations can lead to shared revenue opportunities and cost savings, further contributing to the company’s overall earnings.

Trendzon Holdings Group Limited Financial Statement Overview

Summary

Trendzon Holdings Group Limited is experiencing strong revenue growth, but profitability and cash flow remain significant challenges. The company has managed to improve its leverage position, but ongoing losses and negative cash flow highlight the need for strategic improvements in cost management and operational efficiency.

Income Statement

Trendzon Holdings Group Limited has shown significant revenue growth, particularly in the latest year with a 145.56% increase. However, the company is struggling with profitability, as evidenced by negative net profit margins and EBIT margins over the past few years. The gross profit margin has been relatively stable but low, indicating challenges in cost management. Overall, while revenue growth is a positive sign, the lack of profitability is a concern.

Balance Sheet

The company's debt-to-equity ratio has improved over the years, indicating better leverage management, although it remains moderate. The return on equity is negative, reflecting the company's ongoing losses. The equity ratio is healthy, suggesting a solid asset base relative to equity. While there are improvements in leverage, the negative ROE highlights profitability issues.

Cash Flow

Trendzon Holdings faces challenges with cash flow, as indicated by negative operating cash flow and free cash flow in recent years. The free cash flow to net income ratio is positive, suggesting some efficiency in converting income to cash, but the overall negative cash flow growth is concerning. The company needs to improve its cash generation capabilities to support operations and growth.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	59.07M	59.07M	59.12M	60.10M	59.10M	43.45M
Gross Profit	9.40M	9.40M	7.99M	7.42M	9.86M	9.98M
EBITDA	-9.71M	-9.40M	-6.27M	2.87M	6.63M	9.07M
Net Income	-12.89M	-12.89M	-11.99M	-2.06M	1.02M	3.25M
Balance Sheet
Total Assets	128.37M	128.37M	112.13M	120.35M	103.13M	73.94M
Cash, Cash Equivalents and Short-Term Investments	8.59M	8.59M	5.44M	7.92M	10.34M	13.39M
Total Debt	22.11M	22.11M	26.60M	32.39M	48.99M	23.04M
Total Liabilities	45.96M	45.96M	42.27M	64.20M	61.96M	33.49M
Stockholders Equity	75.73M	75.73M	69.69M	55.86M	41.17M	40.44M
Cash Flow
Free Cash Flow	-15.59M	-17.79M	-11.29M	1.12M	-21.79M	-19.25M
Operating Cash Flow	-15.37M	-17.48M	-10.72M	1.94M	-20.07M	-2.06M
Investing Cash Flow	-298.00K	-298.00K	-7.09M	-3.31M	-6.94M	-17.04M
Financing Cash Flow	18.06M	18.06M	13.69M	-3.71M	24.46M	15.41M

Trendzon Holdings Group Limited Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 0.24
• 50DMA: Negative
• 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:1865, the sentiment is Negative. The current price of 0.24 is below the 20-day moving average (MA) of 0.25, below the 50-day MA of 0.26, and below the 200-day MA of 0.27, indicating a bearish trend. The MACD of >-0.01 indicates Positive momentum. The RSI at 42.26 is Neutral, neither overbought nor oversold. The STOCH value of 47.67 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for HK:1865.

Trendzon Holdings Group Limited Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
Sector *	63 Neutral	$10.79B	15.43	7.44%	2.01%	2.89%	-14.66%
1447	62 Neutral	HK$192.00M	7.89	6.66%	15.38%	13.59%	-12.52%
1582	61 Neutral	HK$167.50M	3.97	6.32%	10.00%	27.42%	-32.34%
2863	54 Neutral	HK$243.38M	-57.94	-1.47%	8.11%	0.94%	82.30%
1865	49 Neutral	HK$195.24M	-0.63	-16.00%	―	9.19%	84.15%
1547	45 Neutral	HK$180.00M	21.43	5.64%	2.72%	27.88%	1.69%
1707	41 Neutral	HK$63.84M	-4.13	-9.58%	―	3.97%	14.02%

Trendzon Holdings Group Limited Corporate Events

Pengo Holdings Extends Convertible Bond Placement Deadline

Pengo Holdings Group Limited has announced a further extension of the Long Stop Date for the placement of convertible bonds under a specific mandate. The new date, agreed upon after negotiations, is now set for December 31, 2025, allowing additional time to fulfill the conditions precedent related to the placement. All other terms of the agreement remain unchanged.

Pengo Holdings Releases 2025 Interim Results

Pengo Holdings Group Limited has announced its unaudited interim results for the six months ending 30 September 2025. The results, which comply with the Hong Kong Stock Exchange’s listing rules, have been reviewed by the company’s audit committee, reflecting the company’s commitment to transparency and regulatory compliance.

Pengo Holdings Schedules Board Meeting for Interim Results and Dividend Consideration

Pengo Holdings Group Limited, previously known as Trendzon Holdings Group Limited, has announced a board meeting scheduled for November 28, 2025. The meeting will focus on approving the interim results for the six months ending September 30, 2025, and considering the payment of an interim dividend, among other business matters.

Pengo Holdings Extends Convertible Bond Placing Deadline

Pengo Holdings Group Limited has announced an extension of the Long Stop Date for the completion of its Placing Agreement for convertible bonds. Originally set for October 31, 2025, the date has been extended to November 30, 2025, to allow more time to fulfill the conditions precedent. This extension, agreed upon after negotiations with the Placing Agents, does not alter any other terms of the agreement, which remain in full force.

Pengo Holdings Faces Legal Proceedings Over Bond Subscription

Pengo Holdings Group Limited has announced a business update concerning the issuance of bonds. The company has issued bonds with a principal amount of HK$40,000,000 at an interest rate of 3% per annum, maturing in March 2026. However, the subscription has only been partially completed, with proceeds of HK$19,503,145 received. Legal proceedings have been initiated in the High Court of Hong Kong regarding the outstanding amount and certain terms of the subscription agreement, and the company is consulting legal advisers on the matter.

Pengo Holdings Group Updates Contact Information

Pengo Holdings Group Limited, a company incorporated in the Cayman Islands, has announced a change in its contact information. Effective from October 24, 2025, the company will update its telephone and facsimile numbers, as well as its email address. This change is part of the company’s ongoing efforts to streamline communication and improve operational efficiency.

Pengo Holdings Expands Authorized Share Capital

Pengo Holdings Group Limited, incorporated in the Cayman Islands, announced the successful passing of ordinary resolutions at its extraordinary general meeting held on September 26, 2025. The key resolution involved increasing the company’s authorized share capital from HK$100,000,000 to HK$500,000,000, allowing for the creation of an additional 4,000,000,000 unissued shares. This move is expected to provide the company with greater flexibility in its financial and operational strategies.