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Kwong Man Kee Group Ltd (HK:8023)
:8023
Hong Kong Market

Kwong Man Kee Group Ltd (8023) AI Stock Analysis

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HK

Kwong Man Kee Group Ltd

(8023)

Rating:67Neutral
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 (8023) vs. iShares MSCI Hong Kong ETF (EWH)

Kwong Man Kee Group Ltd Business Overview & Revenue Model

Company DescriptionKwong 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 MoneyKwong 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
65
Positive
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
72
Positive
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
68
Positive
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.
BreakdownTTMMar 2024Mar 2023Mar 2022Mar 2021Mar 2020
Income Statement
Total Revenue151.03M147.56M170.61M110.42M118.87M95.02M
Gross Profit52.10M53.31M53.85M35.74M41.78M29.38M
EBITDA19.55M22.59M28.29M12.25M21.97M11.58M
Net Income11.05M13.86M19.12M7.46M15.57M6.21M
Balance Sheet
Total Assets197.31M181.26M174.30M149.80M129.92M119.18M
Cash, Cash Equivalents and Short-Term Investments40.95M50.55M38.47M23.87M34.55M19.61M
Total Debt16.50M15.53M13.96M15.94M9.98M10.80M
Total Liabilities64.35M54.81M55.62M47.99M29.52M34.18M
Stockholders Equity131.05M125.08M118.25M102.10M100.64M85.09M
Cash Flow
Free Cash Flow-12.40M18.71M23.86M-4.15M16.65M1.94M
Operating Cash Flow-11.58M20.00M24.20M148.11K17.57M2.28M
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 Price0.33
Price Trends
50DMA
0.34
Negative
100DMA
0.33
Positive
200DMA
0.32
Positive
Market Momentum
MACD
>-0.01
Positive
RSI
9.77
Positive
STOCH
92.16
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

Overall Rating
UnderperformOutperform
Sector (58)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
67
Neutral
HK$197.16M24.096.49%3.03%0.80%-13.95%
63
Neutral
HK$39.00M10.2620.64%70.92%
63
Neutral
HK$39.00M10.2620.64%70.92%
58
Neutral
HK$13.89B4.25-3.01%7.32%3.67%-54.16%
41
Neutral
HK$8.66M-363.24%-65.76%-84.78%
41
Neutral
HK$8.66M-363.24%-65.76%-84.78%
41
Neutral
HK$72.45M-14.20%-8.52%-1812.50%
41
Neutral
HK$72.45M-14.20%-8.52%-1812.50%
* Industrials Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
HK:8023
Kwong Man Kee Group Ltd
0.33
-0.15
-31.25%
HK:8400
Asia Pioneer Entertainment Holdings Ltd.
0.04
0.00
0.00%
HK:8400
Asia Pioneer Entertainment Holdings Ltd.
0.04
0.00
0.00%
HK:8385
Prosperous Printing Company Limited
0.08
-0.06
-42.86%
HK:8385
Prosperous Printing Company Limited
0.08
-0.06
-42.86%
HK:8320
Allied Sustainability and Environmental Consultants Group Limited
0.10
0.01
11.11%
HK:8320
Allied Sustainability and Environmental Consultants Group Limited
0.10
0.01
11.11%
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: Apr 07, 2025