Chi Ho Development Holdings Ltd (HK:8423)
:8423
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Chi Ho Development Holdings Ltd
(8423)
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Rating:56Neutral
Price Target:
HK$0.05
▲(0.00% Upside)
Action:ReiteratedDate:12/19/25
Chi Ho Development Holdings Ltd faces significant profitability challenges, reflected in its negative earnings and valuation concerns. However, improved cash flow and stable balance sheet provide some resilience. Technical indicators suggest moderate bullish momentum, but valuation remains a key risk.
Positive Factors
Improved operating cash flow
Operating cash flow turned positive after prior outflows and free cash flow improved, showing the company now converts operations into cash. This durable cash-generation improvement lowers liquidity risk, supports working capital needs, funds capex or debt reduction, and increases financial flexibility over months.
Negative Factors
Negative profitability and margins
Net losses, negative EBIT margin and falling EBITDA reflect persistent profitability weakness. Over months this erodes retained earnings, reduces reinvestment capacity, weakens return on capital, and may force cost cuts or external financing, constraining strategic options and growth.
Read all positive and negative factors
Positive Factors
Negative Factors
Improved operating cash flow
Operating cash flow turned positive after prior outflows and free cash flow improved, showing the company now converts operations into cash. This durable cash-generation improvement lowers liquidity risk, supports working capital needs, funds capex or debt reduction, and increases financial flexibility over months.
Read all positive factors
Chi Ho Development Holdings Ltd (8423) vs. iShares MSCI Hong Kong ETF (EWH)
Market Cap
HK$36.00M
Dividend YieldN/A
Average Volume (3M)105.00K
Price to Earnings (P/E)―
Beta (1Y)0.31
Revenue Growth-1.68%
EPS Growth-417.79%
CountryHK
Employees76
SectorIndustrials
Sector Strength72
IndustryEngineering & Construction
Share Statistics
EPS (TTM)-0.03
Shares Outstanding800,000,000
10 Day Avg. Volume240,000
30 Day Avg. Volume105,000
Financial Highlights & Ratios
PEG Ratio0.01
Price to Book (P/B)0.26
Price to Sales (P/S)0.08
P/FCF Ratio0.99
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
Chi Ho Development Holdings Ltd Business Overview & Revenue Model
Company Description
Chi Ho Development Holdings Ltd (8423) is a Hong Kong-based investment holding company primarily engaged in the construction and engineering sectors. The company operates through various subsidiaries, focusing on providing construction services, i...
How the Company Makes Money
Chi Ho Development Holdings Ltd generates revenue primarily through its construction and engineering services, which include contracts for building projects, civil engineering works, and renovation services. The company secures contracts through c...
Chi Ho Development Holdings Ltd Financial Statement Overview
Summary
Income Statement
40
Negative
Balance Sheet
65
Positive
Cash Flow
70
Positive
| Breakdown | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 497.51M | 352.90M | 337.68M | 257.21M | 281.67M |
| Gross Profit | 31.57M | 40.54M | 42.72M | 34.29M | 39.43M |
| EBITDA | -4.31M | 18.58M | 22.07M | 13.70M | 27.95M |
| Net Income | -12.29M | 10.09M | 13.15M | 8.02M | 21.44M |
Balance Sheet | |||||
| Total Assets | 379.35M | 397.26M | 344.08M | 296.69M | 260.87M |
| Cash, Cash Equivalents and Short-Term Investments | 25.66M | 22.54M | 43.96M | 51.28M | 33.32M |
| Total Debt | 103.92M | 99.11M | 93.29M | 93.65M | 40.85M |
| Total Liabilities | 234.42M | 240.14M | 196.76M | 160.81M | 133.36M |
| Stockholders Equity | 144.93M | 157.12M | 147.31M | 135.88M | 127.50M |
Cash Flow | |||||
| Free Cash Flow | 37.84M | 8.09M | 5.43M | -25.26M | 8.12M |
| Operating Cash Flow | 37.99M | 8.63M | 5.57M | -18.50M | 8.16M |
| Investing Cash Flow | -34.27M | -30.72M | -6.53M | -6.62M | 78.00K |
| Financing Cash Flow | -597.00K | 666.00K | -6.36M | 43.07M | -16.71M |
Chi Ho Development Holdings Ltd Technical Analysis
Negative
0.05
Price Trends
0.05
Negative
0.04
Negative
0.05
Negative
Market Momentum
>-0.01
Negative
15.39
Positive
27.27
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For HK:8423, the sentiment is Negative. The current price of 0.05 is above the 20-day moving average (MA) of 0.04, above the 50-day MA of 0.05, and above the 200-day MA of 0.05, indicating a bearish trend. The MACD of >-0.01 indicates Negative momentum. The RSI at 15.39 is Positive, neither overbought nor oversold. The STOCH value of 27.27 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for HK:8423.
Chi Ho Development Holdings Ltd Peers Comparison
UnderperformOutperform
Sector (63)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
67 Neutral | HK$38.30M | 0.69 | 35.22% | ― | -15.18% | 94.48% | |
63 Neutral | $10.79B | 15.43 | 7.44% | 2.01% | 2.89% | -14.66% | |
56 Neutral | HK$36.00M | -0.50 | -32.77% | ― | -1.68% | -417.79% | |
56 Neutral | HK$59.00M | 7.17 | -8.98% | ― | 8.51% | -217.24% | |
55 Neutral | HK$60.78M | 6.49 | 6.32% | ― | 46.37% | -22.94% | |
42 Neutral | HK$41.46M | -3.57 | -17.44% | ― | -41.79% | 19.85% |
* Industrials Sector Average
HK:8423
Chi Ho Development Holdings Ltd
0.05
<0.01
9.76%
HK:3321
Wai Hung Group Holdings Ltd.
0.05
>-0.01
-16.07%
HK:3728
Ching Lee Holdings Ltd.
0.06
0.03
100.00%
HK:8445
Noble Engineering Group Holdings Limited
0.15
-0.02
-14.29%
HK:8616
Sunray Engineering Group Limited
0.06
0.03
96.67%
HK:8619
WAC Holdings Ltd.
0.27
-0.15
-36.90%
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.