Want to see HK:8425 full AI Analyst Report?
Top Page
Hing Ming Holdings Ltd
(8425)
Select Model
Select Model
Rating:49Neutral
Price Target:
HK$0.09
▲(1.11% Upside)
Action:Reiterated
Date:06/27/26
The score is held back primarily by weak technical trend signals (below major moving averages with a negative MACD) and low valuation quality due to a negative P/E. Financial performance is mixed: 2026 shows an earnings recovery and positive operating cash flow, but sharp revenue contraction, rising leverage versus 2024, and unstable free cash flow constrain the overall outlook.
Positive Factors
Consistent operating cash flow
Consistent positive operating cash flow provides a durable liquidity foundation for a leasing business. It supports working capital, funds necessary capex or asset rotations, helps service debt without external financing, and cushions earnings volatility over coming quarters.
Negative Factors
Sharp revenue contraction
A ~22% year-on-year revenue decline materially erodes scale economics in a rental/leasing business where fixed costs and asset utilization matter. Persistently lower revenue undermines margin sustainability, limits free cash flow, and raises questions about contract renewals or demand durability.
Read all positive and negative factors
Positive Factors
Negative Factors
Consistent operating cash flow
Consistent positive operating cash flow provides a durable liquidity foundation for a leasing business. It supports working capital, funds necessary capex or asset rotations, helps service debt without external financing, and cushions earnings volatility over coming quarters.
Read all positive factors
Hing Ming Holdings Ltd (8425) vs. iShares MSCI Hong Kong ETF (EWH)
Market Cap
HK$30.83M
Dividend YieldN/A
Average Volume (3M)232.53K
Price to Earnings (P/E)―
Beta (1Y)0.32
Revenue Growth2.29%
EPS GrowthN/A
CountryHK
Employees33
SectorIndustrials
Sector Strength72
IndustryRental & Leasing Services
Share Statistics
EPS (TTM)<0.01
Shares Outstanding376,000,000
10 Day Avg. Volume42,000
30 Day Avg. Volume232,533
Financial Highlights & Ratios
PEG Ratio-0.09
Price to Book (P/B)0.32
Price to Sales (P/S)0.28
P/FCF Ratio1.87
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
Hing Ming Holdings Ltd Business Overview & Revenue Model
Company Description
Hing Ming Holdings Limited specializes in the rental of industrial equipment, primarily offering temporary suspended working platforms. Their equipment roster also includes heavier machinery like tower cranes and power generators. Beyond rentals, ...
Hing Ming Holdings Ltd Financial Statement Overview
Summary
Income Statement
56
Neutral
Balance Sheet
60
Neutral
Cash Flow
52
Neutral
| Breakdown | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 108.49M | 106.06M | 107.81M | 98.23M | 75.44M |
| Gross Profit | 29.85M | 22.92M | 23.92M | 25.58M | 18.85M |
| EBITDA | 33.65M | 153.00K | 22.43M | 25.82M | 15.34M |
| Net Income | 3.16M | -24.70M | -568.00K | 2.37M | -3.04M |
Balance Sheet | |||||
| Total Assets | 174.07M | 183.69M | 181.13M | 178.66M | 178.90M |
| Cash, Cash Equivalents and Short-Term Investments | 13.31M | 12.37M | 13.29M | 14.21M | 30.42M |
| Total Debt | 50.58M | 52.57M | 17.28M | 19.50M | 30.54M |
| Total Liabilities | 78.72M | 91.49M | 64.24M | 61.20M | 57.54M |
| Stockholders Equity | 95.35M | 92.19M | 116.89M | 117.46M | 121.35M |
Cash Flow | |||||
| Free Cash Flow | 16.32M | -30.75M | 12.08M | -6.68M | 4.43M |
| Operating Cash Flow | 26.49M | 24.79M | 31.65M | 30.65M | 15.38M |
| Investing Cash Flow | -10.14M | -44.40M | -18.88M | -36.97M | -10.68M |
| Financing Cash Flow | -15.41M | 18.69M | -13.69M | -9.90M | 11.92M |
Hing Ming Holdings Ltd Technical Analysis
Negative
0.09
Price Trends
0.08
Negative
0.08
Negative
0.09
Negative
Market Momentum
>-0.01
Positive
48.25
Neutral
16.37
Positive
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For HK:8425, the sentiment is Negative. The current price of 0.09 is above the 20-day moving average (MA) of 0.08, above the 50-day MA of 0.08, and above the 200-day MA of 0.09, indicating a neutral trend. The MACD of >-0.01 indicates Positive momentum. The RSI at 48.25 is Neutral, neither overbought nor oversold. The STOCH value of 16.37 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for HK:8425.
Hing Ming Holdings Ltd Peers Comparison
UnderperformOutperform
Sector (63)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
70 Outperform | HK$146.02M | 13.63 | 5.39% | 6.20% | -9.62% | -12.06% | |
63 Neutral | $10.79B | 15.43 | 7.44% | 2.01% | 2.89% | -14.66% | |
54 Neutral | HK$302.10M | 39.06 | 18.14% | ― | 5.50% | ― | |
49 Neutral | HK$30.83M | -2.37 | -23.94% | ― | 2.29% | ― | |
46 Neutral | HK$2.17B | 12.61 | 1.27% | 8.56% | -19.12% | -83.30% | |
45 Neutral | HK$177.53M | >-0.01 | -15.06% | ― | -42.20% | 66.04% |
* Industrials Sector Average
HK:8425
Hing Ming Holdings Ltd
0.08
0.03
51.85%
HK:0936
Kaisa Capital Investment Holdings Limited
0.25
0.14
127.27%
HK:1341
Hao Tian International Construction Investment Group Limited
0.02
-0.20
-92.49%
HK:1496
AP Rentals Holdings Ltd.
0.17
<0.01
5.63%
HK:0254
National United Resources Holdings Limited
0.16
-0.23
-58.21%
HK:9930
Horizon Construction Development Limited
0.67
-0.43
-38.87%
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.