Want to see HK:8601 full AI Analyst Report?
Top Page
Boltek Holdings Ltd.
(8601)
Select Model
Select Model
Rating:72Outperform
Price Target:
HK$0.25
▼(-0.40% Downside)
Action:Reiterated
Date:04/09/26
The score is driven primarily by solid financial fundamentals—especially a conservatively leveraged balance sheet—alongside attractive valuation (low P/E and strong dividend yield). These positives are partly offset by weak technicals (price below key moving averages with negative MACD and very low RSI) and near-term financial uncertainty from the 2025 revenue slowdown and cash-flow volatility.
Positive Factors
Conservative balance sheet
Very low leverage and a strong equity base provide durable financial resilience for a project-driven construction firm. This conservatism lowers default risk, preserves borrowing capacity during slow cycles, and allows management to bid selectively and absorb working-capital swings without immediate refinancing.
Negative Factors
2025 revenue slowdown
A material 2025 revenue contraction reduces near-term backlog visibility and weakens operating leverage typical of engineering contractors. Sustained top-line weakness can compress margins, limit the ability to fund fixed costs from existing projects, and pressure long-term earnings stability.
Read all positive and negative factors
Positive Factors
Negative Factors
Conservative balance sheet
Very low leverage and a strong equity base provide durable financial resilience for a project-driven construction firm. This conservatism lowers default risk, preserves borrowing capacity during slow cycles, and allows management to bid selectively and absorb working-capital swings without immediate refinancing.
Read all positive factors
Boltek Holdings Ltd. (8601) vs. iShares MSCI Hong Kong ETF (EWH)
Market Cap
HK$185.60M
Dividend Yield5.14%
Average Volume (3M)42.67K
Price to Earnings (P/E)8.7
Beta (1Y)0.26
Revenue Growth-0.24%
EPS Growth-19.66%
CountryHK
Employees473
SectorIndustrials
Sector Strength72
IndustryEngineering & Construction
Share Statistics
EPS (TTM)0.04
Shares Outstanding800,000,000
10 Day Avg. Volume28,000
30 Day Avg. Volume42,666
Financial Highlights & Ratios
PEG Ratio-0.45
Price to Book (P/B)1.34
Price to Sales (P/S)1.07
P/FCF Ratio9.96
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
Boltek Holdings Ltd. Business Overview & Revenue Model
Company Description
Boltek Holdings Limited, founded in 2005 and based in Tsim Sha Tsui, Hong Kong, operates as an investment holding company. Its core business centers on delivering specialized engineering consultancy services, primarily for infrastructure developme...
Boltek Holdings Ltd. Financial Statement Overview
Summary
Income Statement
72
Positive
Balance Sheet
88
Very Positive
Cash Flow
70
Positive
| Breakdown | TTM | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 188.41M | 186.84M | 187.28M | 170.41M | 149.29M | 129.91M |
| Gross Profit | 63.59M | 54.03M | 62.08M | 60.35M | 42.59M | 45.44M |
| EBITDA | 34.13M | 30.24M | 39.01M | 38.88M | 26.87M | 28.72M |
| Net Income | 29.45M | 22.58M | 28.05M | 28.23M | 18.47M | 20.23M |
Balance Sheet | ||||||
| Total Assets | 175.06M | 178.16M | 168.38M | 186.14M | 220.04M | 194.25M |
| Cash, Cash Equivalents and Short-Term Investments | 40.71M | 43.00M | 36.54M | 67.55M | 135.99M | 121.05M |
| Total Debt | 2.98M | 2.34M | 4.91M | 8.05M | 3.81M | 5.51M |
| Total Liabilities | 25.45M | 29.43M | 32.23M | 33.04M | 28.69M | 22.86M |
| Stockholders Equity | 149.61M | 148.73M | 136.15M | 153.10M | 191.35M | 171.40M |
Cash Flow | ||||||
| Free Cash Flow | 16.84M | 20.08M | 16.51M | 59.00K | 17.64M | 20.91M |
| Operating Cash Flow | 17.88M | 20.49M | 17.55M | 2.29M | 19.20M | 21.61M |
| Investing Cash Flow | 827.00K | -414.00K | 599.00K | 55.24M | -10.38M | -47.19M |
| Financing Cash Flow | -49.54M | -13.63M | -49.15M | -69.15M | -3.94M | -3.50M |
Boltek Holdings Ltd. Technical Analysis
Negative
0.25
Price Trends
0.23
Negative
0.24
Negative
0.24
Negative
Market Momentum
>-0.01
Positive
28.81
Positive
-11.11
Positive
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For HK:8601, the sentiment is Negative. The current price of 0.25 is above the 20-day moving average (MA) of 0.24, above the 50-day MA of 0.23, and above the 200-day MA of 0.24, indicating a bearish trend. The MACD of >-0.01 indicates Positive momentum. The RSI at 28.81 is Positive, neither overbought nor oversold. The STOCH value of -11.11 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for HK:8601.
Boltek Holdings Ltd. Peers Comparison
UnderperformOutperform
Sector (63)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
78 Outperform | HK$1.69B | 3.78 | 16.17% | 12.15% | -3.66% | 4.32% | |
72 Outperform | HK$185.60M | 8.66 | 14.78% | 5.14% | -0.24% | -19.66% | |
70 Outperform | HK$261.82M | 2.15 | 16.37% | ― | 21.23% | 138.10% | |
63 Neutral | $10.79B | 15.43 | 7.44% | 2.01% | 2.89% | -14.66% | |
50 Neutral | HK$109.87M | -1.59 | -3.58% | 7.69% | -36.07% | -1254.90% | |
48 Neutral | HK$208.00M | 13.03 | 4.36% | 15.38% | 0.39% | -42.36% | |
46 Neutral | HK$236.55M | -1.17 | -6.00% | 7.35% | 13.50% | -106.11% |
* Industrials Sector Average
HK:8601
Boltek Holdings Ltd.
0.23
<0.01
0.87%
HK:0240
Build King Holdings
1.36
0.34
32.81%
HK:0406
Yau Lee Holdings Limited
0.54
-0.25
-31.65%
HK:1420
Chuan Holdings Limited
0.20
0.06
42.34%
HK:1447
SFK Construction Holdings Ltd.
0.52
-0.02
-3.53%
HK:1459
Jujiang Construction Group Co., Ltd. Class H
0.21
-0.12
-37.58%
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.