Hang Yick Holdings Company Limited (1894) AI Stock Analysis

• Market Cap: HK$26.71M
• Dividend Yield: N/A
• Average Volume (3M): 5.92M
• Price to Earnings (P/E): ―
• Beta (1Y): 0.79
• Revenue Growth: N/A
• EPS Growth: N/A
• Country: HK
• Employees: 335
• Sector: Basic Materials
• Sector Strength: 67
• Industry: Steel
• EPS (TTM): -0.01
• Shares Outstanding: 921,120,000
• 10 Day Avg. Volume: 1,742,500
• 30 Day Avg. Volume: 5,924,166
• PEG Ratio: <0.01
• Price to Book (P/B): 0.16
• Price to Sales (P/S): 0.00
• P/FCF Ratio: -0.76
• 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: 51 Neutral
• Price Target: ―

Hang Yick Holdings is navigating financial difficulties with declining revenues and profitability. A strong balance sheet provides some stability, but operational inefficiencies and cash flow challenges need addressing. Technical analysis suggests a neutral outlook, while valuation indicators reflect current financial struggles.

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

Hang Yick Holdings Company Limited generates revenue through its core operations in steel and metal engineering services. The company's primary revenue streams include the design, fabrication, and installation of structural steel and metalwork for various construction and infrastructure projects. By securing contracts with clients in both the private and public sectors, the company earns income through project-based engagements. These projects often involve long-term contracts that provide steady revenue streams. Additionally, the company may form strategic partnerships or joint ventures that enhance its service offerings and market reach, further contributing to its revenue. Overall, Hang Yick Holdings' financial performance is driven by its ability to effectively manage and execute engineering projects within the construction industry.

Hang Yick Holdings Company Limited Financial Statement Overview

Summary

Hang Yick Holdings faces challenges with declining revenues and profitability pressures. Despite a strong balance sheet with minimal debt, cash flow issues are evident, impacting liquidity. The company must address operational inefficiencies to enhance financial performance.

Income Statement

The income statement reflects a challenging environment for Hang Yick Holdings, with declining revenues and profitability. Gross profit margins have decreased over recent years, and the company has posted negative net income in the most recent period. The EBIT and EBITDA margins have also turned negative, indicating operational struggles. However, the revenue decline has slowed, suggesting potential stabilization.

Balance Sheet

The balance sheet remains relatively strong with a high equity ratio, indicating financial stability. The company has minimal debt, reflected in a low debt-to-equity ratio. However, the return on equity has been negative due to losses, which is concerning. Overall, the balance sheet provides a solid foundation despite recent operational difficulties.

Cash Flow

Cash flow analysis shows a significant drop in operating cash flow and free cash flow, indicating liquidity challenges. The free cash flow to net income ratio has worsened, reflecting operational inefficiency. Nonetheless, the company has managed to maintain cash reserves, which may support future recovery efforts.

Breakdown	Mar 2024	Mar 2023	Mar 2022	Mar 2021	Mar 2020
Income Statement
Total Revenue	157.20M	184.90M	203.60M	209.61M	200.38M
Gross Profit	18.00M	22.36M	43.31M	17.89M	49.78M
EBITDA	-496.00K	6.82M	20.98M	-107.24M	23.77M
Net Income	-4.12M	-546.00K	19.68M	-81.62M	12.24M
Balance Sheet
Total Assets	188.39M	189.50M	193.13M	208.65M	333.34M
Cash, Cash Equivalents and Short-Term Investments	63.56M	79.39M	54.92M	47.31M	100.78M
Total Debt	394.00K	4.43M	4.03M	44.50M	66.10M
Total Liabilities	28.42M	19.40M	31.05M	68.20M	87.15M
Stockholders Equity	159.97M	170.10M	194.53M	174.02M	248.22M
Cash Flow
Free Cash Flow	-13.69M	25.85M	9.46M	-398.00K	-34.15M
Operating Cash Flow	-1.04M	27.52M	15.22M	3.95M	-12.09M
Investing Cash Flow	-11.83M	-2.68M	34.96M	1.06M	-8.42M
Financing Cash Flow	-4.07M	-597.00K	-40.76M	-23.08M	26.84M

Hang Yick Holdings Company Limited Technical Analysis

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

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For HK:1894, the sentiment is Positive. The current price of 0.03 is below the 20-day moving average (MA) of 0.03, above 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 51.89 is Neutral, neither overbought nor oversold. The STOCH value of 150.00 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive 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	75 Outperform	HK$112.00M	3.67	17.55%	―	-12.07%	34.63%
6890	72 Outperform	HK$272.81M	2.71	11.21%	―	-0.82%	19.45%
1938	67 Neutral	HK$358.96M	1.56	18.42%	―	8.99%	11.60%
1894	51 Neutral	HK$26.71M	―	-15.77%	―	―	―
8402	51 Neutral	HK$58.08M	26.12	-11.92%	―	27.11%	24.43%
2738	50 Neutral	HK$216.00M	4.66	-19.49%	―	-12.06%	-204.44%
Sector *	44 Neutral	C$963.04M	-6.69	-13.68%	2.46%	17.55%	-32.71%

Hang Yick Holdings Company Limited Corporate Events

Hang Yick Holdings Appoints New Independent Director

Hang Yick Holdings Company Limited has announced the appointment of Ms. Tan Yanyan as an independent non-executive director, effective March 3, 2025. Ms. Tan, who has extensive experience in marketing, logistics, and investment promotion, will also join the Nomination, Remuneration, and Audit Committees. This strategic appointment is expected to enhance the company’s governance and operational oversight.

Hang Yick Holdings Announces Board Composition and Roles

Hang Yick Holdings Company Limited, incorporated in the Cayman Islands, has announced the composition of its board of directors and their roles. The board includes a chairman, executive directors, and independent non-executive directors, with members serving on various committees such as audit, nomination, and remuneration. This announcement provides clarity on the governance structure of the company, which may impact its strategic direction and stakeholder engagement.