Kwong Man Kee Group Ltd (8023) AI Stock Analysis

• Market Cap: HK$197.16M
• Dividend Yield: 3.03%
• Average Volume (3M): 190.60K
• Price to Earnings (P/E): 24.1
• Beta (1Y): -0.32
• Revenue Growth: 0.80%
• EPS Growth: -13.95%
• Country: HK
• Employees: 56
• Sector: Industrials
• Sector Strength: 85
• Industry: Engineering & Construction
• EPS (TTM): <0.01
• Shares Outstanding: 597,444,000
• 10 Day Avg. Volume: 0
• 30 Day Avg. Volume: 190,600
• PEG Ratio: 0.08
• Price to Book (P/B): 1.93
• Price to Sales (P/S): 0.00
• P/FCF Ratio: 9.56
• 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 Ltd (8023) is a Hong Kong-based company primarily engaged in the provision of engineering services. The company specializes in the installation of proprietary waterproofing systems and concrete repair services. It serves a wide range of sectors, including commercial, public, and residential properties, offering solutions that enhance the durability and longevity of structures.

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	TTM	Mar 2024	Mar 2023	Mar 2022	Mar 2021	Mar 2020
Income Statement
Total Revenue	151.03M	147.56M	170.61M	110.42M	118.87M	95.02M
Gross Profit	52.10M	53.31M	53.85M	35.74M	41.78M	29.38M
EBITDA	19.55M	22.59M	28.29M	12.25M	21.97M	11.58M
Net Income	11.05M	13.86M	19.12M	7.46M	15.57M	6.21M
Balance Sheet
Total Assets	197.31M	181.26M	174.30M	149.80M	129.92M	119.18M
Cash, Cash Equivalents and Short-Term Investments	40.95M	50.55M	38.47M	23.87M	34.55M	19.61M
Total Debt	16.50M	15.53M	13.96M	15.94M	9.98M	10.80M
Total Liabilities	64.35M	54.81M	55.62M	47.99M	29.52M	34.18M
Stockholders Equity	131.05M	125.08M	118.25M	102.10M	100.64M	85.09M
Cash Flow
Free Cash Flow	-12.40M	18.71M	23.86M	-4.15M	16.65M	1.94M
Operating Cash Flow	-11.58M	20.00M	24.20M	148.11K	17.57M	2.28M
Investing Cash Flow	-273.93K	-768.00K	-6.48M	-9.71M	-906.53K	-284.00K
Financing Cash Flow	-2.70M	-7.45M	-7.22M	-1.09M	-1.70M	-6.01M

Kwong Man Kee Group Ltd Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 0.33
• 50DMA: Negative
• 100DMA: Positive
• 200DMA: Positive
• MACD: Positive
• RSI: Positive
• STOCH: Negative

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 0.33 is below the 20-day moving average (MA) of 0.34, below the 50-day MA of 0.34, and above the 200-day MA of 0.32, indicating a neutral trend. The MACD of >-0.01 indicates Positive momentum. The RSI at 9.77 is Positive, neither overbought nor oversold. The STOCH value of 92.16 is Negative, 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
8023	67 Neutral	HK$197.16M	24.09	6.49%	3.03%	0.80%	-13.95%
8400	63 Neutral	HK$39.00M	10.26	20.64%	―	70.92%	―
8400	63 Neutral	HK$39.00M	10.26	20.64%	―	70.92%	―
Sector *	58 Neutral	HK$13.89B	4.25	-3.01%	7.32%	3.67%	-54.16%
8385	41 Neutral	HK$8.66M	―	-363.24%	―	-65.76%	-84.78%
8385	41 Neutral	HK$8.66M	―	-363.24%	―	-65.76%	-84.78%
8320	41 Neutral	HK$72.45M	―	-14.20%	―	-8.52%	-1812.50%
8320	41 Neutral	HK$72.45M	―	-14.20%	―	-8.52%	-1812.50%