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Hang Yick Holdings Company Limited (HK:1894)
:1894
Hong Kong Market
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Hang Yick Holdings Company Limited (1894) AI Stock Analysis

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HK:1894

Hang Yick Holdings Company Limited

(1894)

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Neutral 41 (OpenAI - 5.2)
Rating:41Neutral
Price Target:
HK$0.33
▲(983.33% Upside)
Action:Reiterated
Date:04/14/26
The score is primarily weighed down by weak financial performance—sharp margin compression, widening losses, and significant negative operating/free cash flow—despite the benefit of very low leverage. Technicals also remain bearish with the stock trading far below major moving averages and a negative MACD, while valuation signals are limited because earnings are negative and no dividend yield is provided.
Positive Factors
Very low leverage
Extremely low debt-to-equity (~0.001) provides durable financial flexibility and low refinancing risk, enabling the company to absorb cyclical downturns or invest for recovery without immediate pressure from interest or maturities. This structural strength supports runway for operational fixes.
Negative Factors
Severe margin compression
Gross margin collapsing to ~1.4% while revenue recovered signals weak pricing power or rising input costs; sustained margin compression erodes operating leverage, makes profitability highly sensitive to small demand shifts, and limits ability to self-fund recovery over months.
Read all positive and negative factors
Positive Factors
Negative Factors
Very low leverage
Extremely low debt-to-equity (~0.001) provides durable financial flexibility and low refinancing risk, enabling the company to absorb cyclical downturns or invest for recovery without immediate pressure from interest or maturities. This structural strength supports runway for operational fixes.
Read all positive factors

Hang Yick Holdings Company Limited (1894) vs. iShares MSCI Hong Kong ETF (EWH)

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...
How the Company Makes Money
null...

Hang Yick Holdings Company Limited Financial Statement Overview

Summary
Despite strong FY2025 revenue rebound (+24.2% YoY) and very low leverage (debt-to-equity ~0.001), profitability and cash generation deteriorated sharply: gross margin compressed to ~1.4%, losses widened (net margin ~-12.8%, ROE ~-16.6%), and operating/free cash flow turned deeply negative (OCF -50.0m; FCF -55.7m). The low-debt balance sheet helps, but does not offset sustained earnings and cash burn risk.
Income Statement
32
Negative
Balance Sheet
66
Positive
Cash Flow
24
Negative
BreakdownTTMMar 2024Mar 2024Mar 2023Mar 2022Mar 2020
Income Statement
Total Revenue198.88M187.52M157.20M184.90M203.60M209.61M
Gross Profit2.52M2.57M18.00M22.36M43.31M17.89M
EBITDA-16.22M-18.95M-496.00K4.44M21.42M-107.24M
Net Income-19.08M-24.01M-4.12M-546.00K19.68M-81.62M
Balance Sheet
Total Assets164.59M167.49M188.39M189.50M193.13M208.65M
Cash, Cash Equivalents and Short-Term Investments45.80M31.09M63.56M79.39M54.92M47.31M
Total Debt2.71M81.00K394.00K4.43M4.03M44.50M
Total Liabilities26.52M22.98M28.42M19.40M31.05M68.20M
Stockholders Equity138.07M144.51M159.97M170.10M194.53M174.02M
Cash Flow
Free Cash Flow4.05M-55.69M-13.69M25.85M9.46M-398.00K
Operating Cash Flow6.67M-50.05M-1.04M27.52M15.22M3.95M
Investing Cash Flow-2.62M-4.77M-11.83M-2.68M34.96M1.06M
Financing Cash Flow-239.00K7.73M-4.07M-597.00K-40.76M-23.08M

Hang Yick Holdings Company Limited Technical Analysis

Technical Analysis Sentiment
Neutral
Last Price0.03
Price Trends
50DMA
0.48
Negative
100DMA
0.48
Negative
200DMA
0.53
Negative
Market Momentum
MACD
>-0.01
Negative
RSI
57.96
Neutral
STOCH
76.29
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 0.35, below the 50-day MA of 0.48, and below the 200-day MA of 0.53, indicating a neutral trend. The MACD of >-0.01 indicates Negative momentum. The RSI at 57.96 is Neutral, neither overbought nor oversold. The STOCH value of 76.29 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

Overall Rating
UnderperformOutperform
Sector (61)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
73
Outperform
HK$105.60M2.3015.44%-21.41%9.45%
67
Neutral
HK$545.63M1.804.40%-16.71%-56.57%
61
Neutral
$10.43B7.12-0.05%2.87%2.86%-36.73%
53
Neutral
HK$323.57M0.9016.63%-20.11%15.44%
47
Neutral
HK$58.08M-2.92-50.60%-42.37%-239.85%
41
Neutral
HK$101.32M-1.29-13.50%31.75%21.79%
40
Underperform
HK$66.00M-0.05264.73%-85.49%-1298.48%
* Basic Materials Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
HK:1894
Hang Yick Holdings Company Limited
0.44
-0.04
-8.71%
HK:1938
Chu Kong Petroleum & Natural Gas Steel Pipe Holdings Ltd.
0.31
0.12
63.16%
HK:2738
Huajin International Holdings Ltd.
0.08
-0.10
-54.44%
HK:6890
KangLi International Holdings Limited
0.90
0.52
136.84%
HK:8140
BOSA Technology Holdings Limited
0.13
0.02
13.79%
HK:8402
GT Steel Construction Group Limited
0.13
0.02
20.00%

Hang Yick Holdings Company Limited Corporate Events

Hang Yick Revamps Board With New Independent Directors After Trio Resigns
May 4, 2026
Hang Yick Holdings has announced a board reshuffle effective 4 May 2026, with three independent non-executive directors, Shi Jianwen, Zhao Aiyin and Huang Xinwen, resigning from the board and its key committees due to other business engagements. T...
Hang Yick Holdings Sets Out Board and Committee Structure
May 4, 2026
Hang Yick Holdings Company Limited announced the current composition of its board of directors, listing three executive directors and three independent non-executive directors. The company also detailed the membership and leadership of its three k...
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...
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: Apr 14, 2026