OneForce Holdings Limited (HK:1933)
:1933
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OneForce Holdings Limited
(1933)
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Rating:47Neutral
Price Target:
HK$0.23
▲(41.25% Upside)
Action:ReiteratedDate:03/24/26
The score is held down primarily by deteriorating financial performance (2025 loss, revenue decline, and weak/volatile cash flow), with a modest offset from positive technical momentum (price above key moving averages and positive MACD) tempered by an overbought RSI. Valuation is also constrained by a negative P/E.
Positive Factors
Manageable Leverage
The company's capital structure remains broadly manageable with debt roughly half of equity and positive equity on the balance sheet. This provides financial flexibility over the next 2–6 months to absorb shocks and fund recovery efforts without immediate refinancing stress, assuming profitability stabilizes.
Negative Factors
Recent Profitability Collapse
The move from multi-year profitability to a sizable 2025 net loss is a structural concern: it erodes retained capital, limits reinvestment capacity, and can pressure margins and supplier/customer confidence. Sustained losses would force deeper cost cuts or additional financing.
Read all positive and negative factors
Positive Factors
Negative Factors
Manageable Leverage
The company's capital structure remains broadly manageable with debt roughly half of equity and positive equity on the balance sheet. This provides financial flexibility over the next 2–6 months to absorb shocks and fund recovery efforts without immediate refinancing stress, assuming profitability stabilizes.
Read all positive factors
OneForce Holdings Limited (1933) vs. iShares MSCI Hong Kong ETF (EWH)
Market Cap
HK$108.50M
Dividend YieldN/A
Average Volume (3M)24.27K
Price to Earnings (P/E)―
Beta (1Y)0.18
Revenue Growth-23.88%
EPS Growth-1021.62%
CountryHK
Employees398
SectorTechnology
Sector Strength88
IndustrySoftware - Application
Share Statistics
EPS (TTM)-0.16
Shares Outstanding503,927,200
10 Day Avg. Volume26,800
30 Day Avg. Volume24,266
Financial Highlights & Ratios
PEG Ratio<0.01
Price to Book (P/B)0.24
Price to Sales (P/S)0.16
P/FCF Ratio50.22
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
OneForce Holdings Limited Business Overview & Revenue Model
Company Description
OneForce Holdings Limited (1933) is a diversified holding company based in Hong Kong, primarily engaged in the sectors of manufacturing, logistics, and property investment. The company focuses on providing high-quality products and services across...
OneForce Holdings Limited Financial Statement Overview
Summary
Income Statement
34
Negative
Balance Sheet
55
Neutral
Cash Flow
28
Negative
| Breakdown | TTM | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 321.36M | 377.69M | 490.55M | 449.86M | 376.70M | 293.67M |
| Gross Profit | 37.67M | 51.60M | 77.08M | 94.88M | 88.27M | 66.95M |
| EBITDA | -89.31M | -33.44M | 13.52M | 37.89M | 28.85M | 27.32M |
| Net Income | -94.56M | -37.55M | 8.36M | 32.57M | 22.02M | 20.86M |
Balance Sheet | ||||||
| Total Assets | 483.61M | 565.11M | 656.50M | 559.13M | 433.98M | 363.69M |
| Cash, Cash Equivalents and Short-Term Investments | 13.20M | 56.06M | 62.89M | 55.52M | 37.92M | 40.83M |
| Total Debt | 127.89M | 130.26M | 143.05M | 75.54M | 48.13M | 32.41M |
| Total Liabilities | 315.30M | 325.48M | 379.42M | 290.66M | 198.87M | 150.19M |
| Stockholders Equity | 168.31M | 239.63M | 277.09M | 268.47M | 235.11M | 213.50M |
Cash Flow | ||||||
| Free Cash Flow | -24.73M | 1.17M | -48.64M | 3.75M | -17.30M | -18.31M |
| Operating Cash Flow | -24.73M | 1.17M | -48.28M | 3.90M | -14.23M | -17.85M |
| Investing Cash Flow | -1.07K | 225.00K | -357.00K | -146.00K | 13.69M | -15.01M |
| Financing Cash Flow | -7.82M | -8.21M | 55.74M | 22.56M | 7.87M | 24.04M |
OneForce Holdings Limited Technical Analysis
Neutral
0.16
Price Trends
0.18
Positive
0.16
Positive
0.16
Positive
Market Momentum
0.01
Positive
54.76
Neutral
50.95
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For HK:1933, the sentiment is Neutral. The current price of 0.16 is below the 20-day moving average (MA) of 0.23, below the 50-day MA of 0.18, and above the 200-day MA of 0.16, indicating a neutral trend. The MACD of 0.01 indicates Positive momentum. The RSI at 54.76 is Neutral, neither overbought nor oversold. The STOCH value of 50.95 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for HK:1933.
OneForce Holdings Limited Peers Comparison
UnderperformOutperform
Sector (61)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
61 Neutral | $37.18B | 12.37 | -10.20% | 1.83% | 8.50% | -7.62% | |
55 Neutral | HK$111.11M | -28.56 | -2.72% | 0.57% | -13.40% | 76.97% | |
48 Neutral | HK$183.77M | -12.91 | -1.65% | ― | 48.39% | 88.30% | |
47 Neutral | HK$108.50M | -0.27 | -46.36% | ― | -23.88% | -1021.62% | |
45 Neutral | HK$60.00M | -105.56 | -2.09% | ― | -6.88% | -100.00% | |
42 Neutral | HK$30.57M | 6.10 | 465.09% | ― | 78.40% | 72.37% |
* Technology Sector Average
HK:1933
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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.