Noble Engineering Group Holdings Limited (8445) AI Stock Analysis

• Market Cap: HK$49.75M
• Dividend Yield: N/A
• Average Volume (3M): 28.00K
• Price to Earnings (P/E): ―
• Beta (1Y): 0.16
• Revenue Growth: 1.52%
• EPS Growth: 21.51%
• Country: HK
• Employees: 51
• Sector: Industrials
• Sector Strength: 80
• Industry: Engineering & Construction
• EPS (TTM): -0.02
• Shares Outstanding: 276,380,000
• 10 Day Avg. Volume: 0
• 30 Day Avg. Volume: 28,000
• PEG Ratio: 0.23
• Price to Book (P/B): 0.62
• Price to Sales (P/S): 0.15
• P/FCF Ratio: -2.96
• 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: Hold
• Number of Analyst Covering: 0

• Rating: 47 Neutral
• Price Target: HK$0.00 ▼(-100.00% Downside)

The overall stock score is primarily impacted by the company's weak financial performance, characterized by declining revenues and negative profitability margins. While technical analysis shows some short-term positive momentum, the negative valuation metrics due to ongoing losses further weigh down the score. The absence of earnings call data and corporate events means these factors do not influence the score.

Noble Engineering Group Holdings Limited Business Overview & Revenue Model

Company Description

Noble Engineering Group Holdings Limited (8445) is a diversified engineering and construction firm based in Hong Kong, specializing in providing comprehensive engineering solutions across various sectors, including civil, mechanical, electrical, and environmental engineering. The company offers a range of services, including project management, design and consultancy, and construction works, catering to both public and private sector clients. Noble Engineering aims to deliver high-quality, innovative engineering solutions to meet the growing demands of infrastructure development and sustainability.

How the Company Makes Money

Noble Engineering Group Holdings Limited generates revenue primarily through its engineering and construction projects, which include contracts for public infrastructure, private development projects, and consultancy services. The company operates on a project-based revenue model, where it earns fees from completed projects, ongoing contracts, and maintenance services. Key revenue streams include construction contracts, engineering consultancy fees, and project management services. The company may also benefit from strategic partnerships with government agencies and private sector firms, which can enhance its project opportunities and market presence, contributing to its overall earnings. Additionally, the company focuses on sustainable engineering solutions, which may attract clients looking for environmentally responsible practices, further driving revenue growth.

Noble Engineering Group Holdings Limited Financial Statement Overview

Summary

Noble Engineering Group Holdings Limited displays strong revenue growth but faces significant profitability and cash flow challenges. The balance sheet remains a relative strength due to low leverage, but the company must address its operational inefficiencies and cash flow issues to sustain its growth and financial health.

Income Statement

The company shows a consistent increase in revenue over the years, with a revenue growth rate of 35.25% from 2023 to 2024. However, profitability metrics are concerning, with negative EBIT and EBITDA margins, and a net profit margin of -3.68% in 2024. This indicates operational challenges and a struggle to convert revenues into profits effectively.

Balance Sheet

The balance sheet reveals a stable equity position with an equity ratio of 76.67% in 2024, suggesting solid asset financing through equity rather than debt. The debt-to-equity ratio remains low at 0.004, indicating minimal leverage. However, consistent net losses are eroding the equity base over time, which could pose risks if not addressed.

Cash Flow

The cash flow statement highlights significant challenges with negative free cash flow over the years, reaching -20.12 million in 2024. The operating cash flow to net income ratio is negative, indicating poor cash conversion from operations. This persistent negative free cash flow trend could stress liquidity if external funding isn't secured.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	369.68M	325.63M	320.75M	237.21M	275.63M	326.66M
Gross Profit	1.37M	2.50M	1.64M	1.53M	-23.89M	3.69M
EBITDA	-11.13M	-8.81M	-10.97M	-10.45M	-33.97M	-5.60M
Net Income	-11.15M	-9.47M	-11.79M	-11.61M	-36.42M	-8.52M
Balance Sheet
Total Assets	107.08M	93.84M	113.68M	117.09M	110.32M	129.28M
Cash, Cash Equivalents and Short-Term Investments	22.16M	12.96M	35.06M	47.30M	44.52M	42.77M
Total Debt	362.00K	151.00K	353.00K	334.00K	138.00K	271.00K
Total Liabilities	23.49M	16.24M	26.54M	26.18M	18.06M	14.38M
Stockholders Equity	83.59M	77.60M	87.14M	90.91M	92.26M	114.89M
Cash Flow
Free Cash Flow	-23.62M	-16.34M	-20.12M	-7.41M	-11.90M	6.52M
Operating Cash Flow	-23.45M	-16.34M	-18.98M	-7.07M	-11.90M	6.95M
Investing Cash Flow	-4.00K	123.00K	-975.00K	-280.00K	7.00K	-378.00K
Financing Cash Flow	-491.00K	-488.00K	7.60M	10.07M	13.64M	4.53M

Noble Engineering Group Holdings Limited Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 0.18
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Negative
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For HK:8445, the sentiment is Positive. The current price of 0.18 is below the 20-day moving average (MA) of 0.18, above the 50-day MA of 0.15, and below the 200-day MA of 0.18, indicating a neutral trend. The MACD of <0.01 indicates Positive momentum. The RSI at 57.11 is Neutral, neither overbought nor oversold. The STOCH value of 29.13 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for HK:8445.

Noble Engineering Group Holdings Limited Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
3728	68 Neutral	HK$81.04M	9.35	7.15%	―	42.91%	-12.26%
8619	61 Neutral	HK$47.70M	7.31	41.20%	―	3.26%	1648.15%
Sector *	58 Neutral	HK$14.10B	4.53	-3.70%	5.60%	2.27%	-65.55%
8423	56 Neutral	HK$43.20M	2.76	-8.14%	―	40.98%	-222.22%
8616	49 Neutral	HK$40.00M	―	-7.37%	―	-2.10%	-1562.50%
8445	47 Neutral	HK$49.75M	―	-11.50%	―	1.52%	21.51%