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Steve Leung Design Group Limited (HK:2262)
:2262
Hong Kong Market
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Steve Leung Design Group Limited (2262) AI Stock Analysis

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HK:2262

Steve Leung Design Group Limited

(2262)

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Neutral 54 (OpenAI - 5.2)
Rating:54Neutral
Price Target:
HK$0.54
▼(-32.38% Downside)
Action:Reiterated
Date:06/27/26
The score is anchored by improving financial performance (return to profitability, solid cash generation, and low leverage), but is materially weighed down by weak technicals (price below all major moving averages with negative momentum) and a high P/E that suggests limited valuation cushion.
Positive Factors
Return to profitability & revenue growth
The 2025 return to net profitability (HKD11.2M) alongside re-accelerated revenue (+6.3%) and improved operating margin (~4.2%) signals an operational recovery. Sustained profitability over coming quarters would bolster project win capacity, internal reinvestment and reserve rebuilding.
Negative Factors
Modest margins and ROE
Low net margins (~2.6%) and ROE (~3.5%) indicate limited capital efficiency and narrow buffers against cost or pricing pressures in turnkey and design contracts. Over the medium term, this constrains the company's ability to generate strong shareholder returns or accumulate excess capital for growth.
Read all positive and negative factors
Positive Factors
Negative Factors
Return to profitability & revenue growth
The 2025 return to net profitability (HKD11.2M) alongside re-accelerated revenue (+6.3%) and improved operating margin (~4.2%) signals an operational recovery. Sustained profitability over coming quarters would bolster project win capacity, internal reinvestment and reserve rebuilding.
Read all positive factors

Steve Leung Design Group Limited (2262) vs. iShares MSCI Hong Kong ETF (EWH)

Steve Leung Design Group Limited Business Overview & Revenue Model

Company Description
Steve Leung Design Group Limited is a prominent architectural and interior design firm that delivers its services across mainland China, Hong Kong, and various international locations. The company's operations are segmented into three core areas: ...
How the Company Makes Money
The company primarily makes money by charging professional and project-based fees for (1) design and consultancy work and (2) delivering fit-out/turnkey execution for interior projects. Revenue is typically earned through: (a) design/consultancy f...

Steve Leung Design Group Limited Financial Statement Overview

Summary
Financials show a recovery: 2025 returned to positive net income (11.2M) with improved operating profitability (EBIT margin ~4.2%) and revenue growth re-accelerated (+6.3%). Balance sheet leverage is conservative (debt-to-equity ~0.15) and cash generation is currently solid (2025 FCF 42.9M, ~0.97x net income). Offsetting this, profitability and capital efficiency remain modest (net margin ~2.6%, ROE ~3.5%) and results have been volatile over recent years, reducing confidence in durability.
Income Statement
62
Positive
Balance Sheet
70
Positive
Cash Flow
66
Positive
BreakdownDec 2025Dec 2024Dec 2023Dec 2022Dec 2021
Income Statement
Total Revenue422.70M367.69M355.80M381.00M455.04M
Gross Profit161.14M146.82M139.03M139.25M188.90M
EBITDA40.82M38.84M13.19M-19.89M49.82M
Net Income11.19M1.80M-18.84M-62.44M2.94M
Balance Sheet
Total Assets517.81M497.35M497.86M523.08M649.84M
Cash, Cash Equivalents and Short-Term Investments153.47M140.88M148.89M153.34M276.96M
Total Debt46.56M61.70M75.27M71.16M66.20M
Total Liabilities187.49M183.29M181.80M183.88M171.96M
Stockholders Equity319.42M303.27M304.54M326.42M466.92M
Cash Flow
Free Cash Flow42.89M27.43M20.56M-40.03M60.96M
Operating Cash Flow44.31M29.99M21.72M-35.21M66.83M
Investing Cash Flow2.67M-2.11M-671.00K26.47M-29.33M
Financing Cash Flow-39.48M-34.64M-24.42M-75.81M-69.90M

Steve Leung Design Group Limited Technical Analysis

Technical Analysis Sentiment
Negative
Last Price0.80
Price Trends
50DMA
0.71
Negative
100DMA
0.75
Negative
200DMA
0.87
Negative
Market Momentum
MACD
-0.03
Positive
RSI
7.07
Positive
STOCH
26.67
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For HK:2262, the sentiment is Negative. The current price of 0.8 is above the 20-day moving average (MA) of 0.68, above the 50-day MA of 0.71, and below the 200-day MA of 0.87, indicating a bearish trend. The MACD of -0.03 indicates Positive momentum. The RSI at 7.07 is Positive, neither overbought nor oversold. The STOCH value of 26.67 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for HK:2262.

Steve Leung Design Group Limited Peers Comparison

Overall Rating
UnderperformOutperform
Sector (63)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
78
Outperform
HK$1.71B3.8316.17%12.15%-3.66%4.32%
67
Neutral
HK$102.69M44.784.27%25.00%126.51%
63
Neutral
$10.79B15.437.44%2.01%2.89%-14.66%
54
Neutral
HK$604.94M54.083.56%14.96%512.50%
46
Neutral
HK$219.03M-1.09-6.00%7.35%13.50%-106.11%
46
Neutral
HK$267.20M-0.68-11.32%-22.33%-203.23%
43
Neutral
HK$169.68M-1.42-25.76%-20.67%43.14%
* Industrials Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
HK:2262
Steve Leung Design Group Limited
0.53
-0.82
-60.74%
HK:0240
Build King Holdings
1.38
0.36
34.77%
HK:0896
Hanison Construction Holdings
0.25
0.01
5.06%
HK:0406
Yau Lee Holdings Limited
0.50
-0.30
-37.50%
HK:2221
New Concepts Holdings Ltd
0.74
0.08
12.12%
HK:8411
K W Nelson Interior Design and Contracting Group Limited
0.10
0.04
66.13%

Steve Leung Design Group Limited Corporate Events

Steve Leung Design Group Wins Unanimous Investor Backing at AGM
May 21, 2026
Shareholders of Steve Leung Design Group Limited overwhelmingly approved all ordinary resolutions at the annual general meeting held on 21 May 2026 in Hong Kong. The meeting received and adopted the 2025 audited financial statements, re‑elec...
Steve Leung Design Group Details Plan to Re-Appoint BDO as Auditor
May 6, 2026
Steve Leung Design Group Limited has issued a supplemental announcement to its April 22, 2026 circular ahead of its annual general meeting, clarifying arrangements for its external auditor. The company confirmed that BDO Limited will retire and, b...
Steve Leung Design Group Calls 2026 AGM and Seeks Fresh Share Issuance Mandate
Apr 22, 2026
Steve Leung Design Group Limited has convened its annual general meeting for 21 May 2026 in Hong Kong, where shareholders will review the audited consolidated financial statements for the year ended 31 December 2025 and consider the re-election of...
Steve Leung Design Group Signs Connected Services Framework with Jangho Co.
Apr 14, 2026
Steve Leung Design Group Limited has entered into a framework agreement with Jangho Co. under which it and its subsidiaries will provide interior design, decorating and furnishing services to Jangho Co. and its subsidiaries from 14 April 2026 to 3...
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.Date of analysis: Jun 27, 2026