Hang Yick Holdings Company Limited (HK:1894)
:1894
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Hang Yick Holdings Company Limited
(1894)
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Rating:48Neutral
Price Target:
HK$0.63
▲(2013.33% Upside)
Action:ReiteratedDate:03/24/26
The score is held back primarily by weak financial performance—sharp margin deterioration, widening losses, and significant negative operating/free cash flow—despite the benefit of a very low-debt balance sheet. Technicals are moderately supportive with improving trend and neutral momentum, but valuation remains pressured due to loss-making earnings (negative P/E).
Positive Factors
Low Leverage
Extremely low debt-to-equity (~0.001) provides durable financial flexibility and materially reduces refinancing risk. This capital structure lets the company weather cyclical downturns, fund working capital needs or strategic actions without immediate reliance on costly external borrowing.
Negative Factors
Compressed Margins
Severely compressed gross margin and negative net margin point to weak pricing power or sharp cost escalation. Sustained sub-2% gross margins leave little room to cover fixed costs, making durable profitability unlikely without structural changes to costs, product mix, or pricing, undermining long-term margin sustainability.
Read all positive and negative factors
Positive Factors
Negative Factors
Low Leverage
Extremely low debt-to-equity (~0.001) provides durable financial flexibility and materially reduces refinancing risk. This capital structure lets the company weather cyclical downturns, fund working capital needs or strategic actions without immediate reliance on costly external borrowing.
Read all positive factors
Hang Yick Holdings Company Limited (1894) vs. iShares MSCI Hong Kong ETF (EWH)
Market Cap
HK$142.77M
Dividend YieldN/A
Average Volume (3M)4.40M
Price to Earnings (P/E)―
Beta (1Y)0.87
Revenue Growth31.75%
EPS Growth21.89%
CountryHK
Employees335
SectorBasic Materials
Sector Strength58
IndustrySteel
Share Statistics
EPS (TTM)-0.11
Shares Outstanding230,280,000
10 Day Avg. Volume793,000
30 Day Avg. Volume4,399,000
Financial Highlights & Ratios
PEG Ratio>-0.01
Price to Book (P/B)0.18
Price to Sales (P/S)0.14
P/FCF Ratio-0.46
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
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 engine...
Hang Yick Holdings Company Limited Financial Statement Overview
Summary
Income Statement
32
Negative
Balance Sheet
66
Positive
Cash Flow
24
Negative
| Breakdown | TTM | Mar 2024 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2020 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 198.88M | 187.52M | 157.20M | 184.90M | 203.60M | 209.61M |
| Gross Profit | 2.52M | 2.57M | 18.00M | 22.36M | 43.31M | 17.89M |
| EBITDA | -16.22M | -18.95M | -496.00K | 4.44M | 21.42M | -107.24M |
| Net Income | -19.08M | -24.01M | -4.12M | -546.00K | 19.68M | -81.62M |
Balance Sheet | ||||||
| Total Assets | 164.59M | 167.49M | 188.39M | 189.50M | 193.13M | 208.65M |
| Cash, Cash Equivalents and Short-Term Investments | 45.80M | 31.09M | 63.56M | 79.39M | 54.92M | 47.31M |
| Total Debt | 2.71M | 81.00K | 394.00K | 4.43M | 4.03M | 44.50M |
| Total Liabilities | 26.52M | 22.98M | 28.42M | 19.40M | 31.05M | 68.20M |
| Stockholders Equity | 138.07M | 144.51M | 159.97M | 170.10M | 194.53M | 174.02M |
Cash Flow | ||||||
| Free Cash Flow | 4.05M | -55.69M | -13.69M | 25.85M | 9.46M | -398.00K |
| Operating Cash Flow | 6.67M | -50.05M | -1.04M | 27.52M | 15.22M | 3.95M |
| Investing Cash Flow | -2.62M | -4.77M | -11.83M | -2.68M | 34.96M | 1.06M |
| Financing Cash Flow | -239.00K | 7.73M | -4.07M | -597.00K | -40.76M | -23.08M |
Hang Yick Holdings Company Limited Technical Analysis
Neutral
0.03
Price Trends
0.57
Positive
0.55
Positive
0.55
Positive
Market Momentum
0.01
Positive
48.54
Neutral
63.52
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For HK:1894, the sentiment is Neutral. The current price of 0.03 is below the 20-day moving average (MA) of 0.67, below the 50-day MA of 0.57, and below the 200-day MA of 0.55, indicating a neutral trend. The MACD of 0.01 indicates Positive momentum. The RSI at 48.54 is Neutral, neither overbought nor oversold. The STOCH value of 63.52 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for HK:1894.
Hang Yick Holdings Company Limited Peers Comparison
UnderperformOutperform
Sector (61)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
73 Outperform | HK$104.80M | 2.30 | 15.44% | ― | -18.25% | -8.37% | |
72 Outperform | HK$224.31M | 6.15 | 4.64% | ― | -20.52% | -68.47% | |
70 Outperform | HK$364.01M | 0.30 | 18.94% | ― | -13.26% | 63.38% | |
61 Neutral | $10.43B | 7.12 | -0.05% | 2.87% | 2.86% | -36.73% | |
48 Neutral | HK$142.77M | -1.29 | -13.50% | ― | 31.75% | 21.89% | |
44 Neutral | HK$112.80M | -0.08 | -393.60% | ― | -49.77% | -1095.34% | |
44 Neutral | HK$51.36M | -2.97 | -50.60% | ― | -30.42% | -1118.37% |
* Basic Materials Sector Average
HK:1894
Hang Yick Holdings Company Limited
0.62
0.12
24.00%
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Hang Yick Holdings Company Limited Corporate Events
Hang Yick Raises HK$82 Million via Fully Placed Rights Issue
Mar 27, 2026
Hang Yick Holdings Company Limited has completed a rights issue on the basis of four rights shares for every one consolidated share, raising gross proceeds of about HK$84.7 million and net proceeds of roughly HK$82.0 million. The company plans to ...
Hang Yick’s Rights Issue Leaves Majority of Shares Unsubscribed, Triggers Compensatory Placing
Mar 12, 2026
Hang Yick Holdings Company Limited reported the subscription results of its rights issue, under which 184,224,000 rights shares were offered based on 46,056,000 existing shares. Valid applications were received for 73,475,116 rights shares, amount...
Hang Yick Revamps Board With Director Resignations and Fintech-Focused Appointment
Mar 10, 2026
Hang Yick Holdings Company Limited has announced significant board changes effective 10 March 2026, including the resignation of executive director Lin Ruzhou and independent non-executive director Han Fei, who also stepped down from the audit, re...
Hang Yick Sets Out Board and Committee Structure
Mar 10, 2026
Hang Yick Holdings Company Limited has announced the current composition of its board of directors, comprising three executive directors and four independent non-executive directors. This structure underscores the company’s adherence to corp...
Hang Yick Shareholders Narrowly Approve Capital Restructuring and Fundraising Plans
Feb 2, 2026
Hang Yick Holdings Company Limited has secured shareholder approval at its extraordinary general meeting on 2 February 2026 for a share consolidation, an increase in authorised share capital, a rights issue and a placing agreement. With approximat...
Hang Yick Calls EGM to Approve Share Consolidation and Major Rights Issue
Jan 13, 2026
Hang Yick Holdings Company Limited has called an extraordinary general meeting for 2 February 2026 in Hong Kong, where shareholders will vote on a share consolidation and an increase in authorised share capital. The proposal involves consolidating...
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.