Silver Tide Holdings Limited (HK:1943)
:1943
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Silver Tide Holdings Limited
(1943)
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Rating:44Neutral
Price Target:
HK$0.66
▲(26.92% Upside)
Action:ReiteratedDate:03/24/26
The score is primarily weighed down by weak financial performance (sharp revenue decline, negative margins, large net loss) and negative operating/free cash flow. Technical indicators are broadly neutral and provide only modest support, while valuation remains challenged due to losses implied by the negative P/E.
Positive Factors
Low leverage / conservative balance sheet
Minimal debt reduces financial risk and preserves strategic flexibility over months. With no meaningful leverage, the company can finance working capital or restructure operations without immediate interest burden, providing durable resilience while it addresses profit and cash problems.
Negative Factors
Sharp revenue decline
A ~42% annual revenue drop materially weakens scale economics and market positioning. Sustained top-line contraction reduces fixed-cost absorption, pressures margins, and limits the company's ability to rebuild profitability and cash flows without clear signs of demand recovery or new revenue sources.
Read all positive and negative factors
Positive Factors
Negative Factors
Low leverage / conservative balance sheet
Minimal debt reduces financial risk and preserves strategic flexibility over months. With no meaningful leverage, the company can finance working capital or restructure operations without immediate interest burden, providing durable resilience while it addresses profit and cash problems.
Read all positive factors
Silver Tide Holdings Limited (1943) vs. iShares MSCI Hong Kong ETF (EWH)
Market Cap
HK$659.21M
Dividend YieldN/A
Average Volume (3M)3.36M
Price to Earnings (P/E)―
Beta (1Y)0.36
Revenue Growth-33.38%
EPS Growth37.85%
CountryHK
Employees34
SectorBasic Materials
Sector Strength58
IndustryConstruction Materials
Share Statistics
EPS (TTM)-0.02
Shares Outstanding1,030,020,000
10 Day Avg. Volume2,928,500
30 Day Avg. Volume3,359,333
Financial Highlights & Ratios
PEG Ratio>-0.01
Price to Book (P/B)0.93
Price to Sales (P/S)0.57
P/FCF Ratio-1.02
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
Silver Tide Holdings Limited Business Overview & Revenue Model
Company Description
King’s Stone Holdings Group Ltd. is an investment holding company, which engages in the provision of formwork. It operates through the Construction Services and Dealing abd Broking segments. Its formworks include traditional formwork using timber ...
Silver Tide Holdings Limited Financial Statement Overview
Summary
Income Statement
18
Very Negative
Balance Sheet
54
Neutral
Cash Flow
22
Negative
| Breakdown | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2021 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 173.39M | 452.67M | 372.09M | 340.08M | 437.18M |
| Gross Profit | -47.14M | 18.30M | 41.77M | -20.49M | 17.62M |
| EBITDA | -97.11M | -26.25M | 22.08M | -25.99M | 31.41M |
| Net Income | -102.07M | -32.09M | 4.97M | -33.84M | 14.13M |
Balance Sheet | |||||
| Total Assets | 146.39M | 265.37M | 307.86M | 282.72M | 296.92M |
| Cash, Cash Equivalents and Short-Term Investments | 9.67M | 98.14M | 74.78M | 66.20M | 77.27M |
| Total Debt | 0.00 | 996.00K | 761.00K | 5.63M | 4.24M |
| Total Liabilities | 40.83M | 81.52M | 91.75M | 71.58M | 51.93M |
| Stockholders Equity | 105.56M | 183.84M | 216.11M | 211.14M | 244.99M |
Cash Flow | |||||
| Free Cash Flow | -96.06M | 13.71M | 18.38M | -7.83M | -26.74M |
| Operating Cash Flow | -95.79M | 15.42M | 25.34M | -5.03M | -8.26M |
| Investing Cash Flow | 2.77M | 18.53M | -7.66M | -38.79M | -22.50M |
| Financing Cash Flow | 4.55M | 12.16M | 3.56M | -2.48M | -12.93M |
Silver Tide Holdings Limited Technical Analysis
Negative
0.52
Price Trends
0.67
Negative
0.66
Negative
0.64
Negative
Market Momentum
-0.01
Positive
41.64
Neutral
33.33
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For HK:1943, the sentiment is Negative. The current price of 0.52 is below the 20-day moving average (MA) of 0.68, below the 50-day MA of 0.67, and below the 200-day MA of 0.64, indicating a bearish trend. The MACD of -0.01 indicates Positive momentum. The RSI at 41.64 is Neutral, neither overbought nor oversold. The STOCH value of 33.33 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for HK:1943.
Silver Tide Holdings Limited Peers Comparison
UnderperformOutperform
Sector (61)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
61 Neutral | $10.43B | 7.12 | -0.05% | 2.87% | 2.86% | -36.73% | |
57 Neutral | HK$771.94M | -6.48 | -10.44% | ― | 13.16% | -20233.33% | |
53 Neutral | HK$104.00M | 2.90 | -0.20% | ― | 28.86% | 98.11% | |
51 Neutral | HK$202.22M | -10.85 | -42.11% | ― | -44.67% | 18.67% | |
44 Neutral | HK$659.21M | -13.95 | -59.23% | ― | -33.38% | 37.85% | |
44 Neutral | HK$62.92M | -1.37 | -8.97% | ― | -11.49% | -128.11% |
* Basic Materials Sector Average
HK:1943
Silver Tide Holdings Limited
0.64
0.41
178.26%
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Silver Tide Holdings Limited Corporate Events
King’s Stone Holdings Sets Out Board and Committee Structure
Jan 13, 2026
King’s Stone Holdings Group Limited has announced the current composition of its board of directors, listing three executive directors led by Chairman and Chief Executive Officer He Xin, alongside three independent non-executive directors. T...
King’s Stone Vice Chairman Resigns, Board Stresses Leadership Continuity
Jan 12, 2026
King’s Stone Holdings Group Limited has announced the resignation of executive director and vice chairman of the board, Mr. Chiu Sui Keung, effective 13 January 2026, as he plans to dedicate more time to other commitments. The company emphas...
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.