Sky Light Holdings Limited (3882) AI Stock Analysis

• Market Cap: HK$645.50M
• Dividend Yield: N/A
• Average Volume (3M): 909.30K
• Price to Earnings (P/E): ―
• Beta (1Y): 0.43
• Revenue Growth: -8.19%
• EPS Growth: 7.82%
• Country: HK
• Employees: 764
• Sector: Industrials
• Sector Strength: 72
• Industry: Security & Protection Services
• EPS (TTM): -0.02
• Shares Outstanding: 1,008,587,460
• 10 Day Avg. Volume: 159,100
• 30 Day Avg. Volume: 909,300
• PEG Ratio: 1.07
• Price to Book (P/B): 15.26
• Price to Sales (P/S): 4.76
• P/FCF Ratio: 192.32
• 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$0.50 ▼(-23.08% Downside)

Sky Light Holdings Limited faces significant financial and operational challenges, with declining revenues and consistent net losses being the most critical factors. Technical indicators suggest a bearish trend, and the negative P/E ratio highlights valuation concerns. The absence of earnings call data and corporate events does not alter the negative outlook.

Positive Factors

Cash Flow Improvement

The shift to positive operating cash flow indicates potential improvement in cash-generating activities, enhancing financial stability.

Stable Equity Ratio

A stable equity ratio suggests a balanced capital structure, providing a cushion against financial volatility.

Diversified Revenue Streams

Diversified revenue streams from sales, leasing, and joint ventures reduce reliance on a single income source, mitigating risk.

Negative Factors

Declining Revenues

Declining revenues highlight challenges in market demand or competitive positioning, affecting long-term growth prospects.

High Leverage

High leverage increases financial risk and limits flexibility, potentially impacting the company's ability to invest in growth.

Negative Profit Margins

Negative profit margins indicate operational inefficiencies and high costs, challenging the company's ability to achieve profitability.

Sky Light Holdings Limited Business Overview & Revenue Model

Company Description

Sky Light Holdings Limited, an investment holding company, develops, manufactures, and distributes home surveillance cameras, police cameras, video conference devices, 360-degree cameras, baby monitors, remote learning devices, and other digital imaging products. It offers digital imaging products, such as 4K 360° VR, dash, body worn, and action cameras; and home imaging products, including smart IP cameras, video doorbells, and smart baby monitors, as well as video analytics solutions for facial recognition, baby sleep care, baby smile detection, and people detection and route tracking. The company also provides joint design manufacturing and original design manufacturing solutions. It operates in the United States, Mainland China, the European Union, Hong Kong, and internationally. The company was founded in 2000 and is headquartered in Shenzhen, the People's Republic of China.

How the Company Makes Money

Sky Light Holdings generates revenue primarily through the sale and leasing of residential and commercial properties. The company develops real estate projects, which are sold to investors or end-users, creating a significant revenue stream from property sales. Additionally, it earns income from leasing properties to tenants, providing a stable cash flow through rental payments. Key partnerships with construction firms and real estate agencies enhance its market reach and operational efficiency. The company may also engage in joint ventures for large-scale developments, further diversifying its revenue sources and mitigating risks associated with property investment.

Sky Light Holdings Limited Financial Statement Overview

Summary

Sky Light Holdings Limited is facing significant financial challenges, with declining revenues, consistent net losses, and operational inefficiencies. The balance sheet shows high leverage and negative ROE, while cash flows indicate some recovery but lack consistency. Strategic interventions are needed to improve profitability and financial stability.

Income Statement

Sky Light Holdings Limited has faced declining revenues over recent years, with a significant revenue drop from 2023 to 2024. The company has consistently reported negative net income, indicating ongoing profitability challenges. Gross profit margins have been decreasing, and EBIT and EBITDA margins are negative, reflecting operational inefficiencies and high costs relative to revenue.

Balance Sheet

The company exhibits a relatively high debt-to-equity ratio, pointing to increased leverage and financial risk. Return on Equity (ROE) is negative, highlighting issues with generating profit from shareholder investments. However, the equity ratio remains stable, indicating a reasonable balance between equity and total assets, though overall liabilities are reducing stockholder equity over time.

Cash Flow

Cash flow from operations turned positive in 2024, a recovery from negative operating cash flows in prior years, indicating potential improvement in cash-generating activities. Despite this, free cash flow growth remains inconsistent. The ratio of operating cash flow to net income is not favorable, reflecting difficulties in converting income into cash.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	291.81M	296.41M	321.68M	417.08M	715.09M	437.11M
Gross Profit	44.40M	59.20M	65.89M	71.60M	119.92M	59.33M
EBITDA	-51.81M	-43.20M	-93.09M	3.41M	32.01M	-32.14M
Net Income	-61.86M	-66.00M	-81.50M	-25.13M	-3.85M	-64.02M
Balance Sheet
Total Assets	256.27M	255.92M	317.94M	541.65M	494.24M	458.59M
Cash, Cash Equivalents and Short-Term Investments	74.69M	43.83M	40.68M	89.40M	106.96M	108.35M
Total Debt	45.74M	43.18M	51.53M	85.12M	62.42M	48.57M
Total Liabilities	226.09M	198.43M	232.79M	251.82M	273.27M	242.76M
Stockholders Equity	73.69M	92.54M	142.65M	289.32M	221.94M	217.31M
Cash Flow
Free Cash Flow	10.80M	7.34M	-98.02M	18.78M	-13.13M	-8.82M
Operating Cash Flow	14.45M	8.94M	-76.72M	24.12M	7.34M	-4.96M
Investing Cash Flow	4.57M	-1.16M	-19.97M	11.30M	-20.99M	2.20M
Financing Cash Flow	9.26M	-1.53M	54.52M	-39.18M	5.38M	-20.23M

Sky Light Holdings Limited Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 0.65
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For HK:3882, the sentiment is Negative. The current price of 0.65 is below the 20-day moving average (MA) of 0.67, below the 50-day MA of 0.71, and below the 200-day MA of 0.91, indicating a bearish trend. The MACD of -0.02 indicates Positive momentum. The RSI at 39.84 is Neutral, neither overbought nor oversold. The STOCH value of 37.37 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for HK:3882.

Sky Light Holdings Limited Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
1556	78 Outperform	HK$532.50M	3.98	17.51%	5.71%	17.51%	1.48%
1568	78 Outperform	HK$1.60B	5.53	8.17%	8.00%	-9.50%	-24.73%
Sector *	63 Neutral	$10.79B	15.43	7.44%	2.01%	2.89%	-14.66%
1463	52 Neutral	HK$718.56M	-2.15	-89.45%	―	12.16%	-16700.00%
1645	48 Neutral	HK$2.07B	-107.31	-6.34%	―	-2.88%	44.39%
1683	41 Neutral	HK$653.18M	-11.95	-8.55%	―	-37.55%	-1727.78%
3882	41 Neutral	HK$645.50M	-10.44	-56.62%	―	-8.19%	7.82%