Chi Kan Holdings Limited (9913) AI Stock Analysis

• Market Cap: HK$2.43B
• Dividend Yield: N/A
• Average Volume (3M): 87.91K
• Price to Earnings (P/E): 104.0
• Beta (1Y): 0.20
• Revenue Growth: -8.08%
• EPS Growth: -127.40%
• Country: HK
• Employees: 749
• Sector: Industrials
• Sector Strength: 72
• Industry: Engineering & Construction
• EPS (TTM): -0.03
• Shares Outstanding: 1,000,000,000
• 10 Day Avg. Volume: 88,800
• 30 Day Avg. Volume: 87,911
• PEG Ratio: 2.54
• Price to Book (P/B): 5.42
• Price to Sales (P/S): 1.76
• P/FCF Ratio: 104.12
• 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: HK$2.50
• Price Target Upside: 1.63% Upside
• Rating Consensus: Hold
• Number of Analyst Covering: 1

• Rating: 46 Neutral
• Price Target: HK$2.50 ▲(1.63% Upside)

Chi Kan Holdings Limited's overall stock score is primarily impacted by its financial performance challenges, including declining revenue and profitability. The technical analysis indicates bearish momentum, and the valuation is poor due to a negative P/E ratio. The absence of earnings call data and corporate events leaves these areas unaddressed.

Chi Kan Holdings Limited Business Overview & Revenue Model

Company Description

Chi Kan Holdings Limited, an investment holding company, provides formwork and other construction services in the People's Republic of China and Hong Kong. It provides formwork services, including timber and plywood conventional formwork, and aluminum and steel prefabricated framework; and other construction services. The company also engages in the e-commerce business. Chi Kan Holdings Limited was formerly known as Chi Kan Woodworks Company Limited. The company was founded in 1989 and is based in Cheung Sha Wan, Hong Kong. Chi Kan Holdings Limited operates as a subsidiary of Magnificent Faith Limited.

How the Company Makes Money

Chi Kan Holdings generates revenue primarily through the sale of its paper products, which include packaging materials for various applications. The company's revenue model is based on direct sales to clients in different sectors, including retail, food and beverage, and e-commerce. Key revenue streams include bulk orders from industrial clients as well as custom packaging solutions tailored to specific customer needs. The company may also benefit from partnerships with distributors and suppliers, enhancing its market reach and allowing for a more extensive product offering. Additionally, Chi Kan Holdings might explore opportunities in export markets, leveraging its manufacturing capabilities to tap into international demand for sustainable packaging solutions.

Chi Kan Holdings Limited Financial Statement Overview

Summary

Chi Kan Holdings Limited faces challenges with declining revenue and profitability, as evidenced by negative net profit margins and revenue growth. However, the company benefits from a strong balance sheet with minimal leverage and improved cash flow generation.

Income Statement

Chi Kan Holdings Limited has experienced a decline in revenue, with a negative revenue growth rate of -14.62% in the most recent year. The gross profit margin improved to 25.74%, indicating better cost management. However, the net profit margin turned negative at -0.54%, reflecting a net loss. The EBIT and EBITDA margins also decreased, showing reduced operational efficiency.

Balance Sheet

The company maintains a strong balance sheet with a very low debt-to-equity ratio of 0.0019, indicating minimal leverage. However, the return on equity is negative at -1.67%, reflecting the net loss. The equity ratio is stable, suggesting a solid capital structure.

Cash Flow

Chi Kan Holdings Limited showed significant improvement in free cash flow, with a growth rate of 1593.70%. The operating cash flow to net income ratio is 0.41, indicating moderate cash generation relative to net income. The free cash flow to net income ratio is high at 0.98, suggesting efficient cash conversion despite the net loss.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	1.66B	1.41B	1.54B	1.62B	1.57B	826.20M
Gross Profit	305.35M	364.17M	246.10M	221.17M	322.44M	60.70M
EBITDA	87.15M	43.57M	61.70M	77.28M	81.13M	50.80M
Net Income	24.83M	-7.68M	28.11M	53.50M	38.75M	42.77M
Balance Sheet
Total Assets	639.36M	534.17M	622.24M	711.54M	575.45M	471.24M
Cash, Cash Equivalents and Short-Term Investments	168.43M	233.59M	243.80M	318.83M	217.90M	196.80M
Total Debt	11.11M	868.00K	32.27M	29.47M	16.78M	10.68M
Total Liabilities	136.13M	60.51M	142.74M	256.31M	171.90M	112.23M
Stockholders Equity	492.35M	459.65M	470.29M	445.55M	396.04M	355.98M
Cash Flow
Free Cash Flow	1.41M	23.91M	-60.96M	110.57M	33.16M	44.41M
Operating Cash Flow	1.44M	24.52M	-60.93M	112.49M	33.43M	44.43M
Investing Cash Flow	-9.56M	35.64M	-10.04M	-8.45M	-1.53M	-17.08M
Financing Cash Flow	-49.95M	-56.72M	-14.21M	3.73M	-12.70M	134.64M

Chi Kan Holdings Limited Technical Analysis

• Technical Analysis Sentiment: Neutral
• Last Price: 2.46
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For HK:9913, the sentiment is Neutral. The current price of 2.46 is below the 20-day moving average (MA) of 2.47, below the 50-day MA of 2.48, and below the 200-day MA of 2.53, indicating a neutral trend. The MACD of >-0.01 indicates Negative momentum. The RSI at 50.18 is Neutral, neither overbought nor oversold. The STOCH value of 23.81 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for HK:9913.

Chi Kan Holdings Limited Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
0331	78 Outperform	2.67B	5.57	0.00%	3.56%	3.11%	-2.34%
1727	62 Neutral	845.46M	5.40	2.74%	―	-25.79%	-18.64%
1707	51 Neutral	241.92M	-15.65	0.00%	―	3.97%	14.02%
9913	46 Neutral	HK$2.43B	104.03	-1.65%	―	-8.08%	-127.40%
0711	45 Neutral	803.75M	-2.79	-12.30%	―	3.14%	-480.05%
Sector *	63 Neutral	$10.79B	15.43	7.44%	2.01%	2.89%	-14.66%

Chi Kan Holdings Limited Corporate Events

Chi Kan Holdings Limited Announces Unanimous Approval of AGM Resolutions

Chi Kan Holdings Limited, a company incorporated in the Cayman Islands, held its Annual General Meeting (AGM) on August 22, 2025. At this meeting, all proposed resolutions were passed unanimously by the shareholders through a poll. The resolutions included the approval of audited financial statements, reappointment of the independent auditor, re-election of directors, and authorization for the board to fix directors’ remuneration and to issue shares up to 20% of the existing share capital. The successful passing of these resolutions indicates strong shareholder support and positions the company for continued operational stability and governance.

The most recent analyst rating on (HK:9913) stock is a Hold with a HK$2.50 price target. To see the full list of analyst forecasts on Chi Kan Holdings Limited stock, see the HK:9913 Stock Forecast page.

Chi Kan Holdings Announces AGM with Key Resolutions

Chi Kan Holdings Limited has announced its upcoming Annual General Meeting (AGM) scheduled for August 22, 2025, in Hong Kong. The meeting will address several key resolutions, including the reappointment of ZHONGHUI ANDA CPA Limited as the independent auditor, the re-election of certain directors, and the authorization for the board to fix directors’ remuneration. Additionally, the company seeks approval to exercise powers to allot and issue additional shares, which could impact its market operations and shareholder value.

Chi Kan Holdings Reports Revenue Decline and Increased Gross Profit Margin for FY 2025

Chi Kan Holdings Limited reported a decrease in revenue by 8.1% to HK$1,414.5 million for the fiscal year ending March 31, 2025, compared to the previous year. Despite the revenue drop, the company saw a significant increase in gross profit margin to 25.7%, driven by improved performance in its e-commerce business. However, the company reported a loss attributable to owners of HK$7.6 million, a stark contrast to the previous year’s profit, primarily due to non-recurring impairments. The board decided not to recommend a final dividend for the year.

Chi Kan Holdings Limited Forms Nomination Committee to Strengthen Board Governance

Chi Kan Holdings Limited has announced the establishment of a Nomination Committee within its Board of Directors. This committee, formed to oversee the nomination process for board members, is composed of at least three directors, with a majority being independent non-executive directors, and includes a member of a different gender. The creation of this committee is expected to enhance the governance structure of the company, ensuring a more diverse and independent board, which could positively impact the company’s decision-making processes and stakeholder confidence.