Smart City Development Holdings Limited (8268) AI Stock Analysis

• Market Cap: HK$112.32M
• Dividend Yield: N/A
• Average Volume (3M): 192.81K
• Price to Earnings (P/E): ―
• Beta (1Y): -0.20
• Revenue Growth: -4.69%
• EPS Growth: -21.69%
• Country: HK
• Employees: 109
• Sector: Industrials
• Sector Strength: 72
• Industry: Engineering & Construction
• EPS (TTM): -0.03
• Shares Outstanding: 288,000,000
• 10 Day Avg. Volume: 86,100
• 30 Day Avg. Volume: 192,806
• PEG Ratio: -0.09
• Price to Book (P/B): 1.48
• Price to Sales (P/S): 0.41
• P/FCF Ratio: -4.38
• 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: 50 Neutral
• Price Target: HK$0.38 ▼(-5.00% Downside)
• Action: Reiterated Date: 03/28/26
• Date: Action: Reiterated 03/28/26

The score is held back primarily by weak financial performance (declining revenue, negative margins, and insufficient operating cash flow), partially offset by low leverage on the balance sheet. Technicals are moderately supportive in the short-to-medium term (above 20/50/100-day averages), but valuation remains pressured because the company is loss-making (negative P/E).

Positive Factors

Low Leverage

An extremely low debt-to-equity ratio (0.0059) provides durable balance-sheet flexibility, lowering refinancing and solvency risk. This conservatism gives management optionality to fund operations, absorb shocks, or invest in restructuring without pressing external debt needs over coming quarters.

Negative Factors

Revenue Decline

A roughly 9% revenue decline combined with a low gross margin (6.42%) and negative net margin (-8.80%) indicates structural demand or pricing pressures and limited pricing power. Persistent top-line erosion and weak unit economics will impede durable profitability unless the business model or market position improves.

Smart City Development Holdings Limited Business Overview & Revenue Model

Company Description

Smart City Development Holdings Limited, an investment holding company, operates as a contractor in the building industry in Hong Kong, the People's Republic of China, and Macau. It operates through four segments: Construction Business, Securities...

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Smart City Development Holdings Limited, an investment holding company, operates as a contractor in the building industry in Hong Kong, the People's Republic of China, and Macau. It operates through four segments: Construction Business, Securities...

How the Company Makes Money

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Smart City Development Holdings Limited Financial Statement Overview

Breakdown	TTM	Mar 2024	Mar 2023	Mar 2022	Mar 2021	Mar 2020
Income Statement
Total Revenue	512.98M	400.85M	435.08M	323.70M	324.90M	617.77M
Gross Profit	31.01M	25.74M	24.51M	33.57M	49.88M	48.90M
EBITDA	-39.66M	-30.23M	-16.54M	-6.56M	19.39M	12.17M
Net Income	-49.26M	-35.28M	-20.36M	-10.97M	15.34M	9.86M
Balance Sheet
Total Assets	217.97M	312.65M	333.04M	322.41M	299.81M	390.13M
Cash, Cash Equivalents and Short-Term Investments	41.24M	79.70M	84.75M	115.85M	103.50M	90.88M
Total Debt	3.88M	655.00K	7.05M	10.08M	1.80M	12.57M
Total Liabilities	115.89M	201.04M	204.11M	171.47M	169.44M	284.40M
Stockholders Equity	102.08M	111.60M	128.93M	150.94M	130.37M	116.88M
Cash Flow
Free Cash Flow	-88.63M	-37.69M	-18.29M	-21.77M	41.78M	-35.92M
Operating Cash Flow	-88.18M	-37.24M	-17.10M	-21.68M	46.77M	-21.15M
Investing Cash Flow	54.58M	28.02M	10.01M	201.00K	-15.02M	-68.31M
Financing Cash Flow	-353.00K	8.60M	-3.08M	38.92M	-10.88M	2.91M

Smart City Development Holdings Limited Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 0.40
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Negative
• MACD: Negative
• RSI: Negative
• STOCH: Negative

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For HK:8268, the sentiment is Positive. The current price of 0.4 is above the 20-day moving average (MA) of 0.29, above the 50-day MA of 0.30, and below the 200-day MA of 0.42, indicating a neutral trend. The MACD of 0.02 indicates Negative momentum. The RSI at 72.16 is Negative, neither overbought nor oversold. The STOCH value of 88.81 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for HK:8268.

Smart City Development Holdings Limited Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
1582	65 Neutral	HK$177.50M	4.65	5.52%	9.71%	27.42%	-32.34%
Sector *	63 Neutral	$10.79B	15.43	7.44%	2.01%	2.89%	-14.66%
0368	61 Neutral	HK$592.00M	15.44	8.75%	3.63%	6.27%	―
2863	51 Neutral	HK$268.91M	-14.68	-6.83%	8.33%	0.94%	82.30%
8268	50 Neutral	HK$112.32M	-3.10	-46.59%	―	-4.69%	-21.69%
6182	49 Neutral	HK$592.00M	50.45	0.48%	―	144.67%	―
1865	46 Neutral	HK$531.79M	-1.14	-14.52%	―	9.19%	84.15%