Hang Yick Holdings Company Limited (1894) AI Stock Analysis

• Market Cap: HK$28.55M
• Dividend Yield: N/A
• Average Volume (3M): 4.40M
• Price to Earnings (P/E): ―
• Beta (1Y): 0.90
• Revenue Growth: 31.75%
• EPS Growth: 21.89%
• 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: 793,000
• 30 Day Avg. Volume: 4,399,000
• 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 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$0.03 ▲(6.67% Upside)

Hang Yick Holdings faces significant financial challenges, with strong revenue growth overshadowed by profitability and cash flow issues. Technical analysis shows stability, but valuation metrics reflect concerns. The absence of earnings call and corporate events data limits further insights.

Positive Factors

Revenue Growth

The company has achieved significant revenue growth, indicating strong demand for its products and potential for market expansion.

Balance Sheet Health

A low debt-to-equity ratio suggests financial stability and flexibility, allowing the company to invest in growth opportunities.

Free Cash Flow Improvement

Improvement in free cash flow indicates better cash management and potential for reinvestment in business operations.

Negative Factors

Profitability Issues

Negative profitability margins highlight operational inefficiencies, which could hinder long-term financial sustainability.

Cash Flow Challenges

Negative operating cash flow suggests liquidity issues, which could impact the company's ability to fund day-to-day operations.

Negative ROE

Negative ROE indicates the company is not generating sufficient returns on its equity, raising concerns about its investment efficiency.

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 generates revenue through multiple streams, primarily by selling construction materials and precast concrete products to contractors and developers involved in construction projects. The company benefits from long-term contracts with key industry players, which provide a stable source of income. Additionally, Hang Yick may engage in strategic partnerships or joint ventures that enhance its market reach and product offerings. The demand for construction materials, driven by ongoing urban development and infrastructure projects, further contributes to the company's earnings, making it a vital player in the construction supply chain.

Hang Yick Holdings Company Limited Financial Statement Overview

Summary

Hang Yick Holdings shows strong revenue growth but struggles with profitability and cash flow. The balance sheet is solid with low leverage, yet 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	-13.08M	-18.95M	-496.00K	4.44M	21.42M	-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: Negative
• MACD: Negative
• 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 below the 200-day MA of 0.03, indicating a bearish trend. The MACD of >-0.01 indicates Negative momentum. The RSI at 47.04 is Neutral, neither overbought nor oversold. The STOCH value of 47.50 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	79 Outperform	HK$100.00M	3.17	16.22%	―	-18.25%	-8.37%
6890	68 Neutral	HK$215.22M	4.87	4.73%	―	-20.52%	-68.47%
Sector *	61 Neutral	$10.43B	7.12	-0.05%	2.87%	2.86%	-36.73%
1938	61 Neutral	HK$303.34M	1.10	19.13%	―	-13.26%	63.38%
1894	49 Neutral	HK$28.55M	-1.15	-12.82%	―	31.75%	21.89%
2738	45 Neutral	HK$153.00M	―	-296.26%	―	-49.77%	-1095.34%
8402	43 Neutral	HK$55.68M	―	-50.60%	―	-30.42%	-1118.37%

Hang Yick Holdings Company Limited Corporate Events

Hang Yick Holdings Reports Increased Revenue but Sustains Losses in Interim Results

Hang Yick Holdings Company Limited reported its unaudited interim results for the six months ending September 30, 2025, showing a slight increase in revenue to HK$90,156,000 from HK$78,794,000 in the previous year. Despite the revenue growth, the company faced a net loss of HK$5,727,000, attributed to increased direct costs and administrative expenses, impacting its financial performance and posing challenges for its stakeholders.

Hang Yick Holdings Announces Reduced Loss for H2 2025

Hang Yick Holdings Company Limited has announced a significant reduction in its expected loss for the six months ending September 2025, projecting a loss of not less than HK$5.7 million compared to HK$10.7 million in the previous year. This improvement is attributed to a reversal of impairment loss on trade receivables and effective cost control measures. However, the results are preliminary and have not been audited, with final results expected to be published on November 28, 2025.

Hang Yick Holdings to Review Interim Results and Consider Dividend

Hang Yick Holdings Company Limited has announced that its board of directors will convene on November 28, 2025, to review and approve the company’s unaudited interim results for the six months ending September 30, 2025. The board will also consider declaring an interim dividend, which could have implications for the company’s financial strategy and shareholder returns.

Hang Yick Holdings Appoints New Independent Director

Hang Yick Holdings Company Limited has announced the appointment of Mr. Huang Xinwen as an Independent Non-Executive Director. Mr. Huang has confirmed his independence according to the Listing Rules, with no financial or other interests in the company or its subsidiaries, ensuring compliance and strengthening the company’s governance structure.

Hang Yick Holdings Appoints New Independent Non-Executive Director

Hang Yick Holdings Company Limited has announced the appointment of Mr. Huang Xinwen as an independent non-executive director, effective from October 22, 2025. Mr. Huang, who has over 30 years of experience in company operations and enterprise management, will also join the Nomination, Remuneration, and Audit Committees. This strategic appointment is expected to enhance the governance and operational oversight of Hang Yick Holdings, potentially strengthening its market position and stakeholder confidence.

Hang Yick Holdings Announces Board Composition and Roles

Hang Yick Holdings Company Limited has announced the composition of its board of directors and the roles and functions of each member. The board includes both executive and independent non-executive directors, with specific members serving on the audit, nomination, and remuneration committees. This announcement provides clarity on the governance structure of the company, potentially impacting its strategic direction and stakeholder confidence.