Kwong Man Kee Group Ltd (8023) AI Stock Analysis

• Market Cap: HK$185.21M
• Dividend Yield: 3.23%
• Average Volume (3M): 8.20K
• Price to Earnings (P/E): 22.6
• Beta (1Y): -0.31
• Revenue Growth: 0.80%
• EPS Growth: -13.95%
• Country: HK
• Employees: 56
• Sector: Industrials
• Sector Strength: 94
• Industry: Engineering & Construction
• EPS (TTM): <0.01
• Shares Outstanding: 597,444,000
• 10 Day Avg. Volume: 24,600
• 30 Day Avg. Volume: 8,200
• PEG Ratio: N/A
• Price to Book (P/B): N/A
• Price to Sales (P/S): 0.00
• P/FCF Ratio: N/A
• 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: 67 Neutral
• Price Target: ―

Kwong Man Kee Group Ltd is financially stable with low debt and strong equity, though it faces challenges from declining revenue and cash flows, which could affect future growth. The stock shows positive short-term momentum, but the valuation is fair without being overly attractive. The absence of earnings call data and corporate events limits further insights.

Kwong Man Kee Group Ltd Business Overview & Revenue Model

Company Description

Kwong Man Kee Group Limited, an investment holding company, provides engineering services to the car park flooring industry in Hong Kong. The company offers flooring services, including application of proprietary floor coating products for providing a colorful, slip-resistance, and hard wearing surface that is resistant against water and petrochemicals; and ancillary services comprising specialized texture painting and waterproofing works. It also offers screeding and anti-skid surfacing services, as well as engages in trading of materials; and sells car park flooring materials. The company was founded in 2002 and is headquartered in Kowloon, Hong Kong. Kwong Man Kee Group Limited is a subsidiary of Sage City Investments Limited.

How the Company Makes Money

Kwong Man Kee Group Ltd generates revenue through its engineering services, with a focus on waterproofing and concrete repair projects. The company charges fees for the installation of its proprietary waterproofing systems and for providing concrete repair services to its clients. Revenue is primarily driven by contracts with property developers, construction companies, and government agencies seeking specialized engineering services. Additionally, ongoing maintenance and repair contracts contribute to its revenue streams. The company's earnings are also influenced by its ability to secure large-scale projects and maintain strong relationships with key clients and partners.

Kwong Man Kee Group Ltd Financial Statement Overview

Summary

Kwong Man Kee Group Ltd demonstrates financial stability with strong equity and low debt levels. However, there are concerns over declining revenue and cash flow, which may impact long-term growth prospects. The company remains operationally efficient but needs to address the declining revenue trend to maintain profitability.

Income Statement

Kwong Man Kee Group Ltd shows a declining revenue trend with a decrease from HKD 170.6M in 2023 to HKD 147.6M in 2024. The Gross Profit Margin is healthy at 36.1% in 2024. However, the Net Profit Margin has decreased to 9.4%, indicating reduced profitability. The EBIT and EBITDA margins stand at 14.6% and 15.2%, showing operational efficiency but with declining trends compared to previous years.

Balance Sheet

The company maintains a strong balance sheet with a Debt-to-Equity ratio of 0.12, indicating low leverage. The Return on Equity is moderate at 11.1%, reflecting decent profitability. The Equity Ratio is robust at 69.0%, suggesting financial stability and a strong equity base.

Cash Flow

There is a decline in Operating Cash Flow from HKD 24.2M in 2023 to HKD 20.0M in 2024, while Free Cash Flow remains positive at HKD 18.7M. The Free Cash Flow to Net Income Ratio is favorable, but the decrease in cash flow year-over-year indicates potential liquidity concerns.

Breakdown
Income Statement
Total Revenue
Gross Profit
EBITDA
Net Income
Balance Sheet
Total Assets
Cash, Cash Equivalents and Short-Term Investments
Total Debt
Total Liabilities
Stockholders Equity
Cash Flow
Free Cash Flow
Operating Cash Flow
Investing Cash Flow
Financing Cash Flow

Kwong Man Kee Group Ltd Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 0.31
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For HK:8023, the sentiment is Negative. The current price of 0.31 is below the 20-day moving average (MA) of 0.32, below the 50-day MA of 0.33, and below the 200-day MA of 0.31, indicating a bearish trend. The MACD of >-0.01 indicates Negative momentum. The RSI at 33.90 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:8023.

Kwong Man Kee Group Ltd Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
Sector *	71 Outperform	¥266.83B	14.00	8.47%	2.88%	6.35%	13.13%
8023	67 Neutral	HK$185.21M	22.63	6.49%	3.23%	0.80%	-13.95%
8400	60 Neutral	HK$42.00M	11.05	20.64%	―	70.92%	―
8320	43 Neutral	HK$68.83M	―	-14.20%	―	-8.52%	-1812.50%
8385	41 Neutral	HK$9.39M	―	-363.24%	―	-65.76%	-84.78%