Tai Kam Holdings Limited (8321) AI Stock Analysis

• Market Cap: HK$59.38M
• Dividend Yield: N/A
• Average Volume (3M): 61.47K
• Price to Earnings (P/E): ―
• Beta (1Y): 0.33
• Revenue Growth: -57.91%
• EPS Growth: 64.82%
• Country: HK
• Employees: 21
• Sector: Industrials
• Sector Strength: 84
• Industry: Engineering & Construction
• EPS (TTM): -0.04
• Shares Outstanding: 246,400,000
• 10 Day Avg. Volume: 113,200
• 30 Day Avg. Volume: 61,466
• PEG Ratio: -0.03
• Price to Book (P/B): 0.72
• Price to Sales (P/S): 0.00
• P/FCF Ratio: -14.58
• 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: 45 Neutral
• Price Target: ―

Tai Kam Holdings Limited faces significant challenges, primarily due to declining revenue and net losses. The strong balance sheet with no debt is a major positive, providing financial stability. However, technical analysis indicates bearish momentum, while valuation metrics reflect profitability concerns. The company needs to address revenue and profitability issues to improve its overall position.

Tai Kam Holdings Limited Business Overview & Revenue Model

Company Description

Tai Kam Holdings Limited, an investment holding company, undertakes site formation works and renovation works in Hong Kong. Its site formation works include the piling, landslip preventive, and remedial works for improving or maintaining the stability of slopes and/or retaining walls; and fitting out works for premises. The company was incorporated in 2016 and is headquartered in Central, Hong Kong.

How the Company Makes Money

Tai Kam Holdings Limited generates revenue through its civil engineering services, focusing on site formation works. The company's key revenue streams include contracts with government bodies and private developers. Tai Kam Holdings secures these contracts by bidding on various public and private sector projects, leveraging its expertise and experience in the field. The company's earnings are significantly influenced by its ability to efficiently complete projects on time and within budget, maintaining strong relationships with clients and stakeholders to secure future contracts. Additionally, Tai Kam Holdings may engage in strategic partnerships or joint ventures to enhance its service offerings and expand its market reach.

Tai Kam Holdings Limited Financial Statement Overview

Summary

Tai Kam Holdings Limited shows mixed financial performance. While the balance sheet is strong with zero debt and a healthy equity ratio, the company faces challenges with declining revenue and net losses. Cash flow trends have improved but need sustained positive movement for enhanced stability.

Income Statement

Tai Kam Holdings Limited has been experiencing a declining trend in revenue with a significant drop from HKD 192.98 million in 2020 to HKD 38.13 million in 2024. The gross profit margin has also decreased substantially, highlighting potential inefficiencies or increased costs. The company has reported net losses in recent years, reflecting negative net profit margins, which suggest challenges in profitability.

Balance Sheet

The company's balance sheet shows a strong equity position with zero debt in 2024, resulting in a favorable debt-to-equity ratio. The equity ratio remains healthy at over 77%, indicating a stable financial structure. Despite a reduction in total assets, the company maintains a solid equity base, suggesting resilience in financial standing.

Cash Flow

Tai Kam Holdings Limited has shown improvement in operating cash flow, turning positive in 2024, which is a positive turnaround from previous years. However, free cash flow has been volatile. The operating cash flow to net income ratio is positive, indicating some operational efficiency despite overall losses.

Breakdown
Jun 2024	Jun 2023	Jun 2022	Jun 2021	Jun 2020
Income Statement		Total Revenue
38.13M	97.33M	58.34M	137.78M	192.98M
	Gross Profit
724.00K	1.96M	2.05M	4.12M	10.87M
	EBIT
-11.41M	-31.49M	-4.39M	-13.87M	-3.34M
	EBITDA
-11.41M	-31.47M	-18.49M	-9.77M	-965.00K
	Net Income Common Stockholders
-11.41M	-31.75M	-18.78M	-11.57M	-3.92M
Balance Sheet		Cash, Cash Equivalents and Short-Term Investments
33.25M	24.11M	31.16M	27.01M	28.86M
	Total Assets
83.91M	93.99M	133.26M	156.13M	170.49M
	Total Debt
0.00	0.00	13.99M	13.73M	658.00K
	Net Debt
-10.49M	-1.55M	4.05M	-2.82M	-28.20M
	Total Liabilities
19.12M	17.79M	32.13M	38.56M	59.81M
	Stockholders Equity
64.79M	76.20M	101.13M	117.57M	110.68M
Cash Flow		Free Cash Flow
8.94M	-3.76M	-8.75M	-22.82M	-28.98M
	Operating Cash Flow
8.94M	-3.76M	-8.75M	-22.82M	-28.97M
	Investing Cash Flow
0.00	-6.37M	380.00K	1.24M	109.00K
	Financing Cash Flow
0.00	1.74M	1.76M	9.28M	-832.00K

Tai Kam Holdings Limited Technical Analysis

• Technical Analysis Sentiment: Neutral
• Last Price: 0.24
• 50DMA: Positive
• 100DMA: Negative
• 200DMA: Negative
• MACD: Negative
• RSI: Neutral
• STOCH: Negative

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For HK:8321, the sentiment is Neutral. The current price of 0.24 is above the 20-day moving average (MA) of 0.23, above the 50-day MA of 0.23, and below the 200-day MA of 0.25, indicating a neutral trend. The MACD of >-0.01 indicates Negative momentum. The RSI at 55.24 is Neutral, neither overbought nor oversold. The STOCH value of 80.00 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for HK:8321.

Tai Kam Holdings Limited Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
1789	78 Outperform	HK$6.66B	22.31	10.92%	0.76%	20.19%	45.54%
1669	74 Outperform	HK$304.00M	6.64	4.93%	6.58%	2.95%	-9.06%
Sector *	66 Neutral	$4.44B	12.06	5.34%	6.22%	4.17%	-11.81%
8472	49 Neutral	HK$39.17M	8.37	2.73%	―	-39.56%	-89.35%
8321	45 Neutral	HK$59.38M	―	-13.49%	―	-57.91%	64.82%
CZASF		$190.12M	―		―	―	―
6169	62 Neutral	HK$1.80B	2.29	7.75%	―	1.32%	-20.13%