SingAsia Holdings Ltd. (HK:8293)
:8293
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SingAsia Holdings
(8293)
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Rating:41Neutral
Price Target:
HK$0.33
▼(-16.50% Downside)
Action:ReiteratedDate:03/24/26
The score is held down mainly by weak financial performance (ongoing losses and negative operating/free cash flow) and bearish technicals (price below key moving averages with negative MACD). Valuation provides limited support because the negative P/E reflects loss-making operations and there is no dividend yield data.
Positive Factors
Revenue growth recovery
After prior volatility the company delivered a meaningful year-over-year top-line improvement in 2025, reflecting demand recovery and revenue resilience. Sustained revenue growth, if maintained, creates room to scale operating leverage and supports a path toward sustained profitability over months.
Negative Factors
Persistent negative operating and free cash flow
The return to sizeable operating cash outflows and deeply negative free cash flow undermines internal funding capacity, forcing reliance on external financing or equity dilution for growth or working capital. This reduces resilience and increases structural funding risk over months.
Read all positive and negative factors
Positive Factors
Negative Factors
Revenue growth recovery
After prior volatility the company delivered a meaningful year-over-year top-line improvement in 2025, reflecting demand recovery and revenue resilience. Sustained revenue growth, if maintained, creates room to scale operating leverage and supports a path toward sustained profitability over months.
Read all positive factors
SingAsia Holdings (8293) vs. iShares MSCI Hong Kong ETF (EWH)
Market Cap
HK$72.04M
Dividend YieldN/A
Average Volume (3M)42.98K
Price to Earnings (P/E)14.3
Beta (1Y)0.76
Revenue Growth1.43%
EPS Growth86.01%
CountryHK
Employees69
SectorIndustrials
Sector Strength72
IndustryStaffing & Employment Services
Share Statistics
EPS (TTM)<0.01
Shares Outstanding215,040,100
10 Day Avg. Volume6,000
30 Day Avg. Volume42,980
Financial Highlights & Ratios
PEG Ratio0.04
Price to Book (P/B)2.38
Price to Sales (P/S)0.35
P/FCF Ratio-2.36
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
SingAsia Holdings Business Overview & Revenue Model
Company Description
SingAsia Holdings Limited, an investment holding company, provides workforce solutions in Singapore. The company offers manpower outsourcing, recruitment, and training services. The company also provides cleaning services. It offers workforce solu...
SingAsia Holdings Financial Statement Overview
Summary
Income Statement
37
Negative
Balance Sheet
52
Neutral
Cash Flow
34
Negative
| Breakdown | TTM | Jul 2025 | Jul 2024 | Jul 2023 | Jul 2022 | Jul 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 9.85M | 12.23M | 12.32M | 18.52M | 9.79M | 5.76M |
| Gross Profit | 2.45M | 2.04M | 3.02M | 4.29M | 2.17M | 1.48M |
| EBITDA | -2.05M | -104.71K | -2.72M | 1.21M | -1.86M | -630.81K |
| Net Income | -3.61M | -1.13M | -3.27M | 565.03K | -1.72M | -1.34M |
Balance Sheet | ||||||
| Total Assets | 5.23M | 7.47M | 7.27M | 7.47M | 6.61M | 5.71M |
| Cash, Cash Equivalents and Short-Term Investments | 1.08M | 2.25M | 4.22M | 1.72M | 370.06K | 3.39M |
| Total Debt | 1.44M | 1.52M | 2.85M | 1.41M | 1.64M | 1.41M |
| Total Liabilities | 3.39M | 5.68M | 4.39M | 3.69M | 3.34M | 2.71M |
| Stockholders Equity | 1.84M | 1.79M | 2.88M | 3.78M | 3.27M | 2.99M |
Cash Flow | ||||||
| Free Cash Flow | -1.28M | -1.81M | -230.35K | 1.61M | -2.51M | -291.93K |
| Operating Cash Flow | -921.38K | -1.26M | 129.25K | 1.64M | -2.48M | -283.78K |
| Investing Cash Flow | -1.74M | -867.36K | -362.65K | -41.77K | -36.55K | -8.15K |
| Financing Cash Flow | 1.52M | -1.39M | 2.83M | -323.23K | -608.17K | -786.04K |
SingAsia Holdings Technical Analysis
Neutral
0.40
Price Trends
0.41
Negative
0.37
Negative
0.28
Positive
Market Momentum
-0.03
Negative
41.86
Neutral
47.24
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For HK:8293, the sentiment is Neutral. The current price of 0.4 is above the 20-day moving average (MA) of 0.36, below the 50-day MA of 0.41, and above the 200-day MA of 0.28, indicating a neutral trend. The MACD of -0.03 indicates Negative momentum. The RSI at 41.86 is Neutral, neither overbought nor oversold. The STOCH value of 47.24 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for HK:8293.
SingAsia Holdings Peers Comparison
UnderperformOutperform
Sector (63)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
70 Outperform | HK$1.14B | 6.33 | 13.42% | 36.73% | 17.49% | 9.67% | |
70 Outperform | HK$119.73M | -10.87 | -14.58% | ― | ― | ― | |
66 Neutral | HK$45.60M | 463.70 | 7.29% | ― | -11.47% | 5.00% | |
63 Neutral | $10.79B | 15.43 | 7.44% | 2.01% | 2.89% | -14.66% | |
60 Neutral | HK$52.00M | 18.79 | 4.19% | ― | 50.80% | ― | |
54 Neutral | HK$609.11M | 2.93 | 6.88% | 2.26% | 14.29% | -200.37% | |
41 Neutral | HK$72.04M | 14.29 | -61.92% | ― | 1.43% | 86.01% |
* Industrials Sector Average
HK:8293
SingAsia Holdings
0.34
0.29
570.00%
HK:2180
ManpowerGroup Greater China Limited
5.49
2.37
75.96%
HK:6919
Renrui Human Resources Technology Holdings Limited
3.98
0.08
2.05%
HK:8031
ETS Group Limited
0.41
0.22
113.16%
HK:8042
KOS International Holdings Limited
0.07
0.02
44.44%
HK:8462
Omnibridge Holdings Ltd.
0.08
>-0.01
-5.00%
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.