Hang Yick Holdings Company Limited (1894) AI Stock Analysis

• Market Cap: HK$30.40M
• Dividend Yield: N/A
• Average Volume (3M): 2.76M
• Price to Earnings (P/E): ―
• Beta (1Y): 0.66
• Revenue Growth: 19.29%
• EPS Growth: -400.00%
• Country: HK
• Employees: 335
• Sector: Basic Materials
• Sector Strength: 58
• Industry: Steel
• EPS (TTM): -0.01
• Shares Outstanding: 921,120,000
• 10 Day Avg. Volume: 3,307,000
• 30 Day Avg. Volume: 2,760,836
• PEG Ratio: N/A
• Price to Book (P/B): N/A
• Price to Sales (P/S): N/A
• P/FCF Ratio: N/A
• 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

• Rating: 47 Neutral
• Price Target: HK$0.00 ▼(-100.00% Downside)

Hang Yick Holdings faces significant financial and valuation challenges, with profitability and cash flow issues being the most pressing concerns. Technical analysis provides some stability, but weak momentum and potential overbought conditions limit upside potential. The negative P/E ratio and lack of dividend yield further impact the stock's attractiveness.

Hang Yick Holdings Company Limited Business Overview & Revenue Model

Company Description

Hang Yick Holdings Company Limited, a steel and metal engineering company, designs, manufactures, supplies, and installs steel and metal products for construction projects in the People's Republic of China. It offers bespoke steel and metal engineering solutions, such as balustrades, rolling shutters, mailboxes, handrails, cat ladders, etc.; and structural design solutions, including appearance, functionality, material, accurate fabrication tolerance, and ease of installation solutions. The company also designs, manufactures, supplies, and installs various passive fire products comprising insulation or non-insulation fire rolling shutters and gates; and provides metal gates engineering services. In addition, it manufactures and sells metal gates, collapsible gates, fire-insulated shutters, rolling shutters, metal doors, and other steel and metal products. The company was founded in 1982 and is headquartered in Yau Tong, Hong Kong. Hang Yick Holdings Company Limited is a subsidiary of Hy Steel Company Limited.

How the Company Makes Money

The company generates revenue primarily through the sale of construction materials and products. Key revenue streams include direct sales to construction companies, contractors, and developers, as well as distribution agreements with various retailers. Additionally, Hang Yick Holdings has strategic partnerships with industry players that enhance its market reach and supply chain efficiency. Revenue is also supplemented through its real estate investments and hospitality services, capitalizing on the growing demand for commercial and residential properties in Hong Kong and the surrounding regions.

Hang Yick Holdings Company Limited Financial Statement Overview

Summary

Hang Yick Holdings shows revenue growth but struggles with profitability, as indicated by negative net profit and EBIT margins. The balance sheet is strong with low leverage, but negative ROE and cash flow issues highlight significant financial challenges.

Income Statement

Hang Yick Holdings has experienced significant volatility in its income statement metrics. The company saw a notable revenue growth rate of 24.23% in the most recent year, but this was accompanied by a negative net profit margin of -12.81% and a negative EBIT margin of -12.43%, indicating operational challenges. The gross profit margin has also decreased significantly from previous years, suggesting pressure on cost management. Overall, the income statement reflects a company struggling with profitability despite revenue growth.

Balance Sheet

The balance sheet of Hang Yick Holdings shows a strong equity position with a low debt-to-equity ratio of 0.0006, indicating minimal leverage. However, the return on equity is negative at -16.62%, reflecting the company's inability to generate profits from its equity base. The equity ratio remains stable, suggesting a solid asset base, but the negative ROE highlights profitability concerns.

Cash Flow

Cash flow analysis reveals significant challenges, with a negative operating cash flow and free cash flow. The free cash flow growth rate is positive at 58.19%, but this is from a negative base, indicating volatility. The operating cash flow to net income ratio is negative, and the free cash flow to net income ratio is slightly above 1, suggesting cash flow issues despite some improvement in free cash flow.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	150.95M	187.52M	157.20M	184.90M	203.60M	209.61M
Gross Profit	6.61M	2.57M	18.00M	22.36M	43.31M	17.89M
EBITDA	-13.32M	-18.95M	-496.00K	6.82M	20.98M	-107.24M
Net Income	-21.41M	-24.01M	-4.12M	-546.00K	19.68M	-81.62M
Balance Sheet
Total Assets	182.97M	167.49M	188.39M	189.50M	193.13M	208.65M
Cash, Cash Equivalents and Short-Term Investments	43.48M	31.09M	63.56M	79.39M	54.92M	47.31M
Total Debt	239.00K	81.00K	394.00K	4.43M	4.03M	44.50M
Total Liabilities	23.42M	22.98M	28.42M	19.40M	31.05M	68.20M
Stockholders Equity	159.55M	144.51M	159.97M	170.10M	194.53M	174.02M
Cash Flow
Free Cash Flow	-35.20M	-55.69M	-13.69M	25.85M	9.46M	-398.00K
Operating Cash Flow	-26.06M	-50.05M	-1.04M	27.52M	15.22M	3.95M
Investing Cash Flow	-8.45M	-4.77M	-11.83M	-2.68M	34.96M	1.06M
Financing Cash Flow	7.73M	7.73M	-4.07M	-597.00K	-40.76M	-23.08M

Hang Yick Holdings Company Limited Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 0.03
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Positive
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For HK:1894, the sentiment is Negative. The current price of 0.03 is below the 20-day moving average (MA) of 0.03, below the 50-day MA of 0.03, and above the 200-day MA of 0.03, indicating a neutral trend. The MACD of <0.01 indicates Positive momentum. The RSI at 43.01 is Neutral, neither overbought nor oversold. The STOCH value of 33.33 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for HK:1894.

Hang Yick Holdings Company Limited Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
8140	77 Outperform	101.60M	3.33	0.00%	―	-12.07%	34.63%
1938	74 Outperform	480.29M	1.75	17.16%	―	-13.26%	63.38%
6890	64 Neutral	221.28M	5.01	10.59%	―	-20.52%	-68.47%
8402	51 Neutral	78.72M	-3.29	-12.47%	―	-30.42%	-1118.37%
1894	47 Neutral	HK$30.40M	―	-15.77%	―	19.29%	-400.00%
2738	44 Neutral	186.00M	-0.27	-21.57%	―	-49.77%	-1095.34%
Sector *	61 Neutral	$10.43B	7.12	-0.05%	2.87%	2.86%	-36.73%

Hang Yick Holdings Company Limited Corporate Events

Hang Yick Holdings Announces Unanimous Approval of AGM Resolutions

Hang Yick Holdings Company Limited, a company incorporated in the Cayman Islands, announced the successful passing of all proposed resolutions during its Annual General Meeting held on August 29, 2025. The resolutions, which were unanimously approved by shareholders, included the adoption of financial statements, director remuneration, re-election of directors, re-appointment of the auditor, and granting of mandates for share allotment and repurchase. This outcome reflects strong shareholder support and positions the company for continued operational stability and strategic flexibility.

Hang Yick Holdings Announces 2025 Annual General Meeting Agenda

Hang Yick Holdings Company Limited has announced its upcoming annual general meeting, scheduled for August 29, 2025, in Hong Kong. Key agenda items include the adoption of financial statements, director re-elections, auditor re-appointment, and authorization for the board to issue additional shares. These resolutions are poised to impact the company’s governance and capital structure, potentially influencing its market positioning and shareholder value.

Hang Yick Holdings Announces Board Reshuffle

Hang Yick Holdings Company Limited, a company incorporated in the Cayman Islands, has announced significant changes to its board of directors. Effective from July 15, 2025, the company has accepted the resignations of Mr. Deng Chaowen and Ms. Tan Yanyan from their positions as independent non-executive directors due to other business engagements. Concurrently, Mr. Lin Ruzhou has been appointed as an executive director, bringing over 15 years of experience in corporate strategic management and metal processing in China, while Mr. Han Fei joins as an independent non-executive director with over 20 years of experience in banking and corporate finance. These changes are expected to impact the company’s strategic direction and operational management.

Hang Yick Holdings Reports Increased Revenue but Faces Operational Losses in FY2025

Hang Yick Holdings Company Limited has announced its audited consolidated financial results for the fiscal year ending March 31, 2025. The company reported a significant increase in revenue from HK$157,197,000 in 2024 to HK$187,517,000 in 2025. However, despite the revenue growth, the company experienced a substantial increase in direct costs, leading to a decrease in gross profit from HK$17,995,000 to HK$2,571,000. This resulted in a loss from operations of HK$23,309,000 compared to a loss of HK$4,395,000 in the previous year. The total comprehensive expenses for the year attributable to owners of the company amounted to HK$23,502,000, reflecting a challenging financial year for the company.

Hang Yick Holdings Issues Profit Warning Amid Market Challenges

Hang Yick Holdings Company Limited has issued a profit warning, projecting a significant loss of at least HK$20 million for the year ending March 31, 2025, compared to a HK$4.1 million loss the previous year. The increased loss is attributed to deteriorating market conditions, leading to higher expected credit losses, and a decrease in gross profit margins due to price competition and rising costs in construction materials and labor.

Hang Yick Holdings Schedules Board Meeting for Annual Results Approval

Hang Yick Holdings Company Limited has announced a board meeting scheduled for June 30, 2025, to discuss and approve the audited annual results for the year ending March 31, 2025. The meeting will also consider the publication of these results and the recommendation of a final dividend, which could impact shareholder returns and the company’s financial positioning.