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SEM Holdings Limited (HK:9929)
:9929
Hong Kong Market
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SEM Holdings Limited (9929) AI Stock Analysis

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HK:9929

SEM Holdings Limited

(9929)

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Outperform 70 (OpenAI - 4o)
Rating:70Outperform
Price Target:
HK$0.00
▼(-100.00% Downside)
The overall stock score of 70 reflects a balanced view of SEM Holdings Limited. The strong balance sheet and positive technical indicators are significant strengths. However, the revenue decline and negative cash flows pose risks. The valuation is reasonable, but the lack of a dividend yield may deter some investors.

SEM Holdings Limited (9929) vs. iShares MSCI Hong Kong ETF (EWH)

SEM Holdings Limited Business Overview & Revenue Model

Company DescriptionSEM 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 MoneySEM Holdings generates revenue through several key streams, including the sale of technology solutions, telecommunications services, and financial advisory services. The company partners with leading technology firms to provide cutting-edge software and hardware solutions, often on a subscription or licensing basis, which contributes significantly to its revenue. Additionally, SEM Holdings offers consulting and implementation services that help clients adopt new technologies effectively. Significant partnerships with industry leaders enhance its service offerings and market reach, further driving revenue growth. The company also invests in emerging technologies and startups, potentially earning returns on investments as these entities grow and succeed.

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
65
Positive
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
78
Positive
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
55
Neutral
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.
BreakdownDec 2024Dec 2023
Income Statement
Total Revenue91.71M258.89M
Gross Profit23.52M19.51M
EBITDA6.65M-5.09M
Net Income3.80M-7.97M
Balance Sheet
Total Assets257.60M259.91M
Cash, Cash Equivalents and Short-Term Investments72.13M56.05M
Total Debt6.09M6.91M
Total Liabilities44.66M50.77M
Stockholders Equity212.94M209.14M
Cash Flow
Free Cash Flow-1.63M14.79M
Operating Cash Flow-1.44M15.10M
Investing Cash Flow23.45M3.04M
Financing Cash Flow-1.76M-2.00M

SEM Holdings Limited Technical Analysis

Technical Analysis Sentiment
Positive
Last Price0.07
Price Trends
50DMA
0.07
Positive
100DMA
0.06
Positive
200DMA
0.06
Positive
Market Momentum
MACD
<0.01
Negative
RSI
50.71
Neutral
STOCH
60.78
Neutral
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 0.07 is above the 20-day moving average (MA) of 0.07, above the 50-day MA of 0.07, and above the 200-day MA of 0.06, indicating a bullish trend. The MACD of <0.01 indicates Negative momentum. The RSI at 50.71 is Neutral, neither overbought nor oversold. The STOCH value of 60.78 is Neutral, 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

Overall Rating
UnderperformOutperform
Sector (63)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
70
Outperform
HK$146.00M12.815.52%
60
Neutral
160.80M-4.04-29.02%-34.70%-388.24%
58
Neutral
152.80M20.752.67%6.28%-8.76%22.37%
40
Underperform
160.99M-7.56-440.87%62.98%67.20%
63
Neutral
$10.79B15.437.44%2.01%2.89%-14.66%
* Industrials Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
HK:9929
SEM Holdings Limited
0.07
0.02
40.00%
HK:1741
Ri Ying Holdings Ltd.
0.20
0.16
400.00%
HK:1793
Wecon Holdings Ltd.
0.19
0.05
35.71%
HK:1920
Hands Form Holdings Limited
0.43
-0.48
-52.75%
HK:2266
Lai Si Enterprise Holding Ltd.
0.31
0.05
19.23%
HK:0589
Jianzhong Construction Development Limited
0.19
0.00
0.00%

SEM Holdings Limited Corporate Events

SEM Holdings Limited Reports Interim Financial Results for 2025
Aug 28, 2025

SEM Holdings Limited, incorporated in the Cayman Islands, announced its unaudited interim results for the six months ending June 30, 2025. The company reported a significant decrease in revenue from HK$50,889,000 in 2024 to HK$21,545,000 in 2025. Despite the drop in revenue, SEM Holdings achieved a gross profit of HK$3,784,000, up from HK$2,005,000 the previous year. The company also reported a profit before taxation of HK$535,000 compared to a loss of HK$7,466,000 in 2024, indicating a positive turnaround in its financial performance.

SEM Holdings Limited Announces Positive Profit Alert for H1 2025
Aug 21, 2025

SEM Holdings Limited, a company incorporated in the Cayman Islands and listed on the Hong Kong Stock Exchange, has announced a positive profit alert. The company anticipates a net profit of up to HK$0.3 million for the first half of 2025, a significant turnaround from a net loss of approximately HK$7.4 million in the same period of 2024. This improvement is attributed to increased gross profit margins and the reversal of impairment losses due to the collection of long outstanding contract assets and trade receivables. The interim results are still being finalized and are expected to be published in August 2025.

SEM Holdings to Review Interim Results and Dividend
Aug 18, 2025

SEM Holdings Limited has announced that its board of directors will meet on 28 August 2025 to consider and potentially approve the unaudited interim results for the first half of 2025 and determine any interim dividend. This meeting is significant as it will provide insights into the company’s financial health and strategic direction, impacting shareholders and market perception.

SEM Holdings Limited Forms Nomination Committee to Strengthen Governance
Jun 30, 2025

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
Jun 13, 2025

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.

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.Date of analysis: Sep 10, 2025