Kinetix Systems Holdings Limited (HK:8606)
:8606
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Kinetix Systems Holdings Limited
(8606)
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Rating:52Neutral
Price Target:
HK$0.06
▲(5.00% Upside)
Action:DowngradedDate:01/28/26
Overall score reflects improving revenue/cash flow and a relatively stable balance sheet, but is held back by ongoing losses (negative EBIT/net income) and a technically weak downtrend (price below key moving averages). Negative P/E further limits valuation confidence due to unprofitable operations.
Positive Factors
Improving operating cash flow
Operating cash flow turning positive is a durable improvement in cash generation that reduces reliance on external financing. Sustained positive OCF supports reinvestment in product development and operations, improving chances to fund a path to profitability without dilutive capital raises.
Negative Factors
Persistent unprofitable operations
Ongoing negative EBIT and net income are a structural headwind: they limit retained earnings, impede reinvestment from internal cash, and force reliance on external capital. Until operations generate sustainable profits, shareholder returns and long-term capital allocation remain constrained.
Read all positive and negative factors
Positive Factors
Negative Factors
Improving operating cash flow
Operating cash flow turning positive is a durable improvement in cash generation that reduces reliance on external financing. Sustained positive OCF supports reinvestment in product development and operations, improving chances to fund a path to profitability without dilutive capital raises.
Read all positive factors
Kinetix Systems Holdings Limited (8606) vs. iShares MSCI Hong Kong ETF (EWH)
Market Cap
HK$89.64M
Dividend YieldN/A
Average Volume (3M)227.17K
Price to Earnings (P/E)28.3
Beta (1Y)0.50
Revenue Growth5.01%
EPS Growth82.54%
CountryHK
Employees164
SectorTechnology
Sector Strength88
IndustryInformation Technology Services
Share Statistics
EPS (TTM)0.00
Shares Outstanding1,445,850,000
10 Day Avg. Volume268,500
30 Day Avg. Volume227,166
Financial Highlights & Ratios
PEG Ratio0.45
Price to Book (P/B)1.93
Price to Sales (P/S)0.43
P/FCF Ratio28.06
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
Kinetix Systems Holdings Limited Business Overview & Revenue Model
Company Description
Kinetix Systems Holdings Limited, an investment holding company, provides information technology (IT) services in Hong Kong and Macau. The company operates through IT Infrastructure Solutions Services, IT Development Solutions Services, IT Mainten...
How the Company Makes Money
Kinetix Systems Holdings Limited generates revenue through multiple streams, primarily from the sale of its software solutions and technology services. The company provides customized software development, which allows it to charge clients on a pr...
Kinetix Systems Holdings Limited Financial Statement Overview
Summary
Income Statement
60
Neutral
Balance Sheet
65
Positive
Cash Flow
70
Positive
| Breakdown | TTM | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 369.90M | 335.35M | 309.07M | 294.66M | 254.12M | 282.36M |
| Gross Profit | 69.91M | 66.50M | 59.15M | 50.29M | 49.68M | 47.56M |
| EBITDA | -2.94M | -3.12M | -7.68M | -57.60M | -10.20M | 14.76M |
| Net Income | -1.53M | -4.70M | -14.09M | -67.06M | -20.34M | 10.32M |
Balance Sheet | ||||||
| Total Assets | 272.45M | 182.73M | 201.62M | 199.85M | 241.70M | 186.83M |
| Cash, Cash Equivalents and Short-Term Investments | 56.82M | 31.19M | 30.32M | 25.19M | 29.97M | 35.79M |
| Total Debt | 12.65M | 3.48M | 4.77M | 22.75M | 33.30M | 15.58M |
| Total Liabilities | 204.94M | 118.25M | 130.22M | 140.18M | 112.10M | 88.93M |
| Stockholders Equity | 77.42M | 74.98M | 79.74M | 64.83M | 131.92M | 99.12M |
Cash Flow | ||||||
| Free Cash Flow | 17.61M | 5.15M | -14.24M | 9.63M | -4.17M | -20.41M |
| Operating Cash Flow | 18.70M | 5.71M | -13.50M | 10.45M | 8.01M | -19.91M |
| Investing Cash Flow | -1.73M | -769.00K | -1.00M | 191.00K | -12.22M | -7.43M |
| Financing Cash Flow | -5.32M | -4.03M | 20.51M | -15.57M | -1.52M | 3.16M |
Kinetix Systems Holdings Limited Technical Analysis
Negative
0.06
Price Trends
0.07
Negative
0.07
Negative
0.08
Negative
Market Momentum
>-0.01
Positive
42.99
Neutral
36.67
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For HK:8606, the sentiment is Negative. The current price of 0.06 is below the 20-day moving average (MA) of 0.07, below the 50-day MA of 0.07, and below the 200-day MA of 0.08, indicating a bearish trend. The MACD of >-0.01 indicates Positive momentum. The RSI at 42.99 is Neutral, neither overbought nor oversold. The STOCH value of 36.67 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for HK:8606.
Kinetix Systems Holdings Limited Peers Comparison
UnderperformOutperform
Sector (61)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
63 Neutral | HK$93.98M | 4.48 | 11.05% | 6.41% | 3.21% | -12.00% | |
61 Neutral | $37.18B | 12.37 | -10.20% | 1.83% | 8.50% | -7.62% | |
53 Neutral | HK$315.00M | -200.00 | -11.11% | ― | -10.61% | 93.27% | |
52 Neutral | HK$89.64M | 28.26 | -2.01% | ― | 5.01% | 82.54% | |
48 Neutral | HK$319.39M | -5.04 | ― | ― | -9.21% | -4.52% | |
40 Underperform | HK$252.26M | 110.71 | 669.22% | ― | 33.20% | ― |
* Technology Sector Average
HK:8606
Kinetix Systems Holdings Limited
0.06
-0.09
-58.67%
HK:1402
i-Control Holdings Limited
0.30
0.11
57.89%
HK:8050
Quantum Thinking Limited
0.93
0.30
47.62%
HK:8229
Future Data Group Ltd.
0.58
0.22
61.11%
HK:8319
Expert Systems Holdings Ltd.
0.12
0.02
19.39%
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.