SEM Holdings Limited (9929) AI Stock Analysis

• Market Cap: HK$116.00M
• Dividend Yield: N/A
• Average Volume (3M): 167.00K
• Price to Earnings (P/E): 30.5
• Beta (1Y): 0.32
• Revenue Growth: N/A
• EPS Growth: N/A
• Country: HK
• Employees: 50
• Sector: Industrials
• Sector Strength: 90
• Industry: Engineering & Construction
• EPS (TTM): <0.01
• Shares Outstanding: 2,000,000,000
• 10 Day Avg. Volume: 144,000
• 30 Day Avg. Volume: 167,000
• PEG Ratio: 0.20
• Price to Book (P/B): 0.52
• Price to Sales (P/S): 0.00
• P/FCF Ratio: 12.94
• 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: 63 Neutral
• Price Target: HK$0.00 ▼(-100.00%Downside)

SEM Holdings Limited shows a strong financial recovery with improved profitability and a robust balance sheet, contributing positively to the overall score. However, technical indicators suggest a neutral to slightly bearish market outlook, and the high P/E ratio raises concerns about overvaluation. The lack of dividend yield further detracts from the stock's valuation appeal.

SEM Holdings Limited Business Overview & Revenue Model

Company Description

SEM Holdings Limited, an investment holding company, provides electrical and mechanical (E&M) engineering services in Macau and Hong Kong. The company supplies, installs, and maintains electrical systems for new and existing buildings in the projects of commercial and residential development, hotel development, casino development, public properties, and hotel renovation. It serves contractors or the E&M engineering works subcontractors in the related development and renovation projects. The company was founded in 2006 and is based in Chai Wan, Hong Kong. SEM Holdings Limited is a subsidiary of SEM Enterprises Limited.

How the Company Makes Money

SEM Holdings Limited generates revenue through its diverse range of construction and engineering services. The company's primary revenue streams include fees from building construction projects, civil engineering contracts, and project management services. By undertaking large-scale infrastructure projects for both public and private sectors, SEM Holdings Limited secures significant contracts that form the backbone of its income. The company may also engage in partnerships with government bodies and private developers, further enhancing its project portfolio and revenue potential.

SEM Holdings Limited Financial Statement Overview

Summary

SEM Holdings Limited shows a significant recovery in profitability and operational efficiency, evidenced by improved net profit and gross profit margins. The strong balance sheet with low leverage and substantial equity provides financial stability. Positive operating cash flow, despite a decline in revenue, highlights effective cost management and cash generation.

Income Statement

The company shows a significant improvement in profitability with a net profit margin of 4.15% for TTM compared to a negative margin last year. Revenue has decreased substantially by 64.55%, indicating potential challenges in maintaining sales. The gross profit margin improved to 25.65% in TTM, suggesting improved cost management. EBIT and EBITDA margins turned positive, signaling a recovery in operational profitability.

Balance Sheet

The company maintains a robust balance sheet with a low debt-to-equity ratio of 0.03, indicating minimal leverage. The equity ratio is high at 82.67%, demonstrating strong equity financing and asset stability. Return on equity is modest at 1.79%, reflecting moderate profitability relative to equity.

Cash Flow

Operating cash flow is positive and supports net income, with an operating cash flow to net income ratio of 2.27, indicating strong cash conversion. Free cash flow has decreased by 42.52%, but remains positive, maintaining financial flexibility. The free cash flow to net income ratio is favorable at 2.24, showcasing efficient cash generation relative to net earnings.

Breakdown	Dec 2024	Dec 2023
Income Statement
Total Revenue	91.71M	258.89M
Gross Profit	23.52M	19.51M
EBITDA	6.65M	-5.09M
Net Income	3.80M	-7.97M
Balance Sheet
Total Assets	257.60M	259.91M
Cash, Cash Equivalents and Short-Term Investments	72.13M	56.05M
Total Debt	6.09M	6.91M
Total Liabilities	44.66M	50.77M
Stockholders Equity	212.94M	209.14M
Cash Flow
Free Cash Flow	-1.63M	14.79M
Operating Cash Flow	-1.44M	15.10M
Investing Cash Flow	23.45M	3.04M
Financing Cash Flow	-1.76M	-2.00M

SEM Holdings Limited Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 0.06
• 50DMA: Positive
• 100DMA: Negative
• 200DMA: Positive
• MACD: Negative
• RSI: Neutral
• STOCH: Negative

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For HK:9929, the sentiment is Positive. The current price of 0.06 is above the 20-day moving average (MA) of 0.06, above the 50-day MA of 0.06, and above the 200-day MA of 0.06, indicating a bullish trend. The MACD of <0.01 indicates Negative momentum. The RSI at 52.66 is Neutral, neither overbought nor oversold. The STOCH value of 100.00 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for HK:9929.

SEM Holdings Limited Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
1793	73 Outperform	HK$147.20M	19.78	2.66%	6.52%	36.65%	60.00%
Sector *	71 Outperform	¥255.75B	13.62	8.48%	3.02%	6.34%	13.16%
9929	63 Neutral	HK$116.00M	30.53		―	―	―
1741	46 Neutral	HK$91.20M	―	-47.66%	―	-34.70%	-388.24%
1920	42 Neutral	HK$144.14M	―	-137.59%	―	26.81%	16.02%
2266	―	HK$120.00M	5.13	20.60%	8.33%	―	―
0589	―	HK$118.75M	―		―	―	―

SEM Holdings Limited Corporate Events

SEM Holdings Limited Forms Nomination Committee to Strengthen Governance

SEM Holdings Limited has established a Nomination Committee to enhance its governance structure. This committee, formed by the board of directors, consists of at least three members, with a majority being independent non-executive directors, and aims to ensure diversity by including at least one member of a different gender. The committee’s responsibilities include overseeing the nomination process for board members, ensuring effective succession planning, and maintaining transparency in its operations by attending annual general meetings to address shareholder inquiries.

SEM Holdings Limited Announces Unanimous Approval of AGM Resolutions

SEM Holdings Limited, a company incorporated in the Cayman Islands with limited liability, announced that all proposed resolutions at their Annual General Meeting held on June 13, 2025, were unanimously passed. These resolutions included the re-election of directors, re-appointment of auditors, and granting of mandates to issue and repurchase shares, indicating strong shareholder support and potentially enhancing the company’s operational flexibility.