OneForce Holdings Limited (1933) AI Stock Analysis

• Market Cap: HK$64.40M
• Dividend Yield: N/A
• Average Volume (3M): 24.27K
• Price to Earnings (P/E): ―
• Beta (1Y): 0.23
• Revenue Growth: -23.88%
• EPS Growth: -1021.62%
• Country: HK
• Employees: 398
• Sector: Technology
• Sector Strength: 88
• Industry: Software - Application
• EPS (TTM): -0.16
• Shares Outstanding: 503,927,200
• 10 Day Avg. Volume: 26,800
• 30 Day Avg. Volume: 24,266
• PEG Ratio: <0.01
• Price to Book (P/B): 0.24
• Price to Sales (P/S): 0.16
• P/FCF Ratio: 50.22
• 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
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 41 Neutral
• Price Target: HK$0.14 ▼(-14.37% Downside)

OneForce Holdings Limited's stock score is primarily impacted by its poor financial performance, characterized by declining revenue and profitability, and significant cash flow challenges. Technical analysis further indicates bearish momentum, with the stock trading below key moving averages and showing oversold conditions. Valuation metrics are weak, with a negative P/E ratio and no dividend yield, making the stock less attractive to investors.

Positive Factors

Diversified Revenue Streams

Diversified revenue streams from manufacturing, logistics, and property investment provide stability and reduce dependency on a single market.

Strategic Partnerships

Strategic partnerships in logistics and manufacturing strengthen market position and operational efficiency, supporting long-term growth.

Stable Balance Sheet

A stable balance sheet with moderate leverage indicates financial prudence, providing a foundation for future investments and growth.

Negative Factors

Declining Revenue

Declining revenue growth reflects challenges in market demand or competitive pressures, potentially impacting long-term profitability.

Profitability Challenges

Struggles with profitability due to negative margins suggest inefficiencies or pricing pressures, affecting long-term financial health.

Cash Flow Issues

Significant cash flow challenges hinder the company's ability to fund operations and investments, posing risks to sustainability.

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 these industries, leveraging advanced technology and strategic partnerships to maximize operational efficiency. Its core offerings include manufacturing of consumer goods, supply chain management solutions, and investment in commercial and residential properties.

How the Company Makes Money

OneForce Holdings Limited generates revenue through multiple streams. Primarily, the company earns money from its manufacturing division by producing and selling consumer goods to various retailers and distributors. Additionally, revenue is generated through logistics services, where OneForce offers supply chain management solutions to businesses seeking efficient distribution channels. The property investment segment contributes significantly to the company's income by leasing commercial and residential properties, providing a steady cash flow. Strategic partnerships with other companies in logistics and manufacturing enhance its market reach and operational capabilities, further bolstering its revenue generation efforts.

OneForce Holdings Limited Financial Statement Overview

Summary

OneForce Holdings Limited faces significant financial challenges, with declining revenue and profitability impacting its financial health. The balance sheet remains relatively stable, but cash flow issues raise concerns about liquidity and operational efficiency. The company needs to address these challenges to improve its financial performance and stability.

Income Statement

OneForce Holdings Limited has experienced a decline in revenue over the past year, with a negative revenue growth rate of -10.39%. The company is struggling with profitability, as indicated by negative net profit and EBIT margins. Gross profit margin has also decreased compared to previous years, reflecting challenges in maintaining cost efficiency. Despite past growth, the recent downturn in revenue and profitability is concerning.

Balance Sheet

The company's balance sheet shows a moderate debt-to-equity ratio of 0.54, indicating a balanced approach to leveraging. However, the return on equity is negative, reflecting recent losses. The equity ratio remains stable, suggesting that the company maintains a reasonable proportion of equity financing. Overall, the balance sheet is stable but shows signs of stress due to recent financial performance.

Cash Flow

Cash flow analysis reveals significant challenges, with a drastic decline in free cash flow growth of -185.07%. The operating cash flow to net income ratio is very low, indicating difficulties in converting income into cash. Despite a high free cash flow to net income ratio, the overall cash flow situation is weak, highlighting liquidity concerns.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	377.69M	377.69M	490.55M	449.86M	376.70M	293.67M
Gross Profit	51.60M	51.60M	77.08M	94.88M	88.27M	66.95M
EBITDA	-33.44M	-33.44M	13.52M	37.89M	28.85M	27.32M
Net Income	-37.55M	-37.55M	8.36M	32.57M	22.02M	20.86M
Balance Sheet
Total Assets	565.11M	565.11M	656.50M	559.13M	433.98M	363.69M
Cash, Cash Equivalents and Short-Term Investments	56.06M	56.06M	62.89M	55.52M	37.92M	40.83M
Total Debt	130.26M	130.26M	143.05M	75.54M	48.13M	32.41M
Total Liabilities	325.48M	325.48M	379.42M	290.66M	198.87M	150.19M
Stockholders Equity	239.63M	239.63M	277.09M	268.47M	235.11M	213.50M
Cash Flow
Free Cash Flow	1.17M	1.17M	-48.64M	3.75M	-17.30M	-18.31M
Operating Cash Flow	1.17M	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	-6.67M	-8.21M	55.74M	22.56M	7.87M	24.04M

OneForce Holdings Limited Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 0.16
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Negative
• RSI: Positive
• STOCH: Negative

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For HK:1933, the sentiment is Negative. The current price of 0.16 is above the 20-day moving average (MA) of 0.13, above the 50-day MA of 0.14, and above the 200-day MA of 0.14, indicating a neutral trend. The MACD of >-0.01 indicates Negative momentum. The RSI at 3.89 is Positive, neither overbought nor oversold. The STOCH value of 100.00 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for HK:1933.

OneForce Holdings Limited Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
8100	72 Outperform	HK$164.45M	-35.24	-2.72%	0.57%	-13.40%	76.97%
Sector *	61 Neutral	$37.18B	12.37	-10.20%	1.83%	8.50%	-7.62%
8156	48 Neutral	HK$199.61M	-24.61	―	―	48.39%	88.30%
8131	44 Neutral	HK$46.75M	-8.48	-523.99%	―	78.40%	72.37%
8290	44 Neutral	HK$46.00M	-38.33	-2.07%	―	-6.88%	-100.00%
1933	41 Neutral	HK$64.40M	-0.63	-43.25%	―	-23.88%	-1021.62%

OneForce Holdings Limited Corporate Events

OneForce Holdings Reports Revenue Decline Amidst Evolving Power Market

OneForce Holdings Limited reported a significant decline in revenue and gross profit for the six months ending September 2025, primarily due to a reduction in projects and intensified market competition. The company’s loss attributable to shareholders increased substantially, influenced by decreased gross profit and higher impairment losses on trade receivables and contract assets. The broader industry context highlights a growing digital economy and evolving power market dynamics in China, with increased electricity consumption and market trading, alongside reforms in electricity pricing and renewable energy integration.

The most recent analyst rating on (HK:1933) stock is a Hold with a HK$0.15 price target. To see the full list of analyst forecasts on OneForce Holdings Limited stock, see the HK:1933 Stock Forecast page.

OneForce Holdings Issues Profit Warning Amid Market Challenges

OneForce Holdings Limited has issued a profit warning for the six months ending September 2025, expecting a significant decrease in revenue to RMB120-130 million from RMB180 million in the same period last year. The company attributes this decline to fewer projects and intensified market competition, leading to adjusted pricing strategies and increased impairment losses. Despite these challenges, the company remains optimistic about future performance, emphasizing continued focus on technology development and market opportunities in the energy internet and infrastructure sectors.

OneForce Holdings to Review Interim Results and Consider Dividend

OneForce Holdings Limited has announced that its board of directors will convene on November 28, 2025, to review and approve the interim results for the six months ending September 30, 2025. The meeting will also consider the potential declaration of an interim dividend and address other business matters. This announcement indicates the company’s ongoing commitment to transparency and shareholder engagement, potentially impacting its market position and investor relations.