TBK & Sons Holdings Limited (1960) AI Stock Analysis

• Market Cap: HK$123.00M
• Dividend Yield: N/A
• Average Volume (3M): 43.50K
• Price to Earnings (P/E): ―
• Beta (1Y): 0.22
• Revenue Growth: 99.25%
• EPS Growth: -32.33%
• Country: HK
• Employees: 509
• Sector: Industrials
• Sector Strength: 84
• Industry: Engineering & Construction
• EPS (TTM): -0.05
• Shares Outstanding: 1,000,000,000
• 10 Day Avg. Volume: 61,000
• 30 Day Avg. Volume: 43,500
• PEG Ratio: 0.13
• Price to Book (P/B): 1.48
• Price to Sales (P/S): 0.00
• P/FCF Ratio: -7.20
• 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

• Rating: 44 Neutral
• Price Target: HK$0.00 ▼(-100.00%Downside)

The overall stock score is primarily influenced by significant financial challenges, including declining revenues and profitability, and negative cash flows. Technical indicators also reflect a bearish trend, further weighing down the score. Valuation concerns, with a negative P/E ratio and no dividend yield, add to the stock's unattractiveness.

TBK & Sons Holdings Limited Business Overview & Revenue Model

Company Description

TBK & Sons Holdings Limited (1960) is a diversified company operating in various sectors, including construction, engineering, and infrastructure development. The company is primarily engaged in providing construction services and managing infrastructure projects, focusing on delivering high-quality and sustainable solutions to its clients. Its core services include project management, civil engineering, and the construction of residential, commercial, and industrial buildings.

How the Company Makes Money

TBK & Sons Holdings Limited generates revenue primarily through contracts for construction and engineering projects. The company's key revenue streams include fees from project management, construction services, and infrastructure development. It often engages in long-term contracts with government bodies and private sector clients, ensuring a steady flow of income. Additionally, TBK & Sons Holdings Limited may form strategic partnerships with other construction firms or technology providers to enhance its service offerings and expand its market reach, contributing to its financial performance.

TBK & Sons Holdings Limited Financial Statement Overview

Summary

TBK & Sons Holdings Limited faces significant financial challenges, with declining revenues and profitability negatively impacting its income statement. The balance sheet remains relatively stable, but reductions in assets and equity are concerning. Negative cash flows highlight liquidity challenges and inefficiencies in cash generation.

Income Statement

TBK & Sons Holdings Limited has experienced a significant decline in revenue over the past few years. The company reported a negative EBIT and net income in 2024, reflecting operational challenges and declining profitability. Gross profit margin has significantly decreased, indicating pressure on cost management. The net profit margin also turned negative, highlighting the company's struggle to generate profit. Despite these challenges, the company has shown the ability to generate revenue, although at a declining rate.

Balance Sheet

The balance sheet of TBK & Sons Holdings Limited reveals a stable equity position with a debt-to-equity ratio that remains relatively low, suggesting manageable leverage. However, the declining stockholders' equity and total assets over the recent periods indicate potential concerns about asset management and equity preservation. The equity ratio remains healthy, reflecting a solid foundation despite the reduction in total assets.

Cash Flow

The cash flow situation is concerning, with negative operating cash flow and free cash flow in recent years. The free cash flow growth has been negative, and the operating cash flow to net income ratio indicates inefficiency in converting income into cash. This highlights the company's challenges in maintaining liquidity and funding operations through internal cash generation.

Breakdown
Jun 2024	Jun 2023	Jun 2022	Jun 2021	Jun 2020
Income Statement		Total Revenue
288.09M	367.94M	825.91M	189.08M	151.15M
	Gross Profit
4.89M	14.22M	30.88M	13.30M	34.03M
	EBIT
-37.89M	-10.06M	12.09M	179.00K	17.22M
	EBITDA
-34.06M	-4.28M	18.92M	1.50M	18.58M
	Net Income Common Stockholders
-32.74M	-8.72M	10.40M	602.00K	12.14M
Balance Sheet		Cash, Cash Equivalents and Short-Term Investments
29.54M	45.93M	74.16M	72.61M	52.98M
	Total Assets
181.52M	197.70M	241.38M	164.61M	183.19M
	Total Debt
4.79M	9.29M	11.11M	7.99M	9.25M
	Net Debt
-24.07M	-36.63M	-63.05M	-64.62M	-38.07M
	Total Liabilities
74.29M	53.24M	88.54M	25.90M	43.60M
	Stockholders Equity
110.92M	143.01M	151.57M	138.71M	139.59M
Cash Flow		Free Cash Flow
-12.10M	-29.34M	-5.09M	-2.76M	19.64M
	Operating Cash Flow
-11.98M	-28.53M	-4.10M	-1.97M	19.91M
	Investing Cash Flow
-386.00K	899.00K	9.06M	31.11M	-36.71M
	Financing Cash Flow
-5.35M	-1.23M	-5.47M	-1.70M	48.98M

TBK & Sons Holdings Limited Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 0.13
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Positive
• RSI: Positive
• STOCH: Positive

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For HK:1960, the sentiment is Negative. The current price of 0.13 is above the 20-day moving average (MA) of 0.13, below the 50-day MA of 0.13, and below the 200-day MA of 0.15, indicating a bearish trend. The MACD of >-0.01 indicates Positive momentum. The RSI at 18.29 is Positive, neither overbought nor oversold. The STOCH value of -2.42 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for HK:1960.

TBK & Sons Holdings Limited Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
1793	73 Outperform	HK$127.20M	14.20	3.23%	7.55%	36.65%	60.00%
Sector *	57 Neutral	$1.32B	4.07	-2.93%	11.10%	3.37%	-51.35%
1742	55 Neutral	HK$136.00M	7.97	-10.52%	―	-40.96%	-353.66%
1707	51 Neutral	HK$181.44M	―	-9.34%	―	-40.18%	3.09%
1960	44 Neutral	HK$123.00M	―	-23.85%	―	99.25%	-32.33%

TBK & Sons Holdings Limited Corporate Events

TBK & Sons Announces Director Resignation and New Appointment

TBK & Sons Holdings Limited has announced the resignation of Ms. Chooi Pey Nee as a non-executive director, effective April 30, 2025, due to her personal commitments. The company has appointed Ms. Venny, who brings over a decade of experience in management and business development, as her replacement. The board believes that Ms. Venny’s expertise and connections will enhance the company’s operations in the oil and gas sector, potentially creating synergies and strengthening its market position.

TBK & Sons Holdings Limited Announces Board Composition and Committee Roles

TBK & Sons Holdings Limited has announced the composition of its board of directors, which includes executive, non-executive, and independent non-executive directors. The board is led by Chairman Mr. Tan Hun Tiong and CEO Mr. Tan Han Peng. The announcement also details the membership of various board committees, highlighting the roles and responsibilities of each director within these committees. This update provides stakeholders with clarity on the governance structure and leadership roles within the company, potentially impacting its strategic direction and decision-making processes.