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Khoon Group Limited (HK:0924)
:0924
Hong Kong Market
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Khoon Group Limited (0924) AI Stock Analysis

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HK:0924

Khoon Group Limited

(0924)

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Neutral 48 (OpenAI - 5.2)
Rating:48Neutral
Price Target:
HK$0.12
▼(-5.38% Downside)
Action:Reiterated
Date:07/01/26
The score is primarily held back by weak and inconsistent profitability (recurring losses, low gross margins) despite a low-leverage balance sheet and a notable 2025 cash flow rebound. Technically, the stock shows only a short-term recovery while still trading below longer-term moving averages, and valuation is pressured by negative earnings with no dividend data to offset risk.
Positive Factors
Conservative Balance Sheet
Very low leverage reduces refinancing and solvency risk, giving the firm structural resilience through cyclical construction markets. A conservative capital structure supports bid capacity, withstands project delays, and preserves strategic optionality for 2–6+ months and beyond.
Negative Factors
Persistent Losses
Sustained operating losses erode retained earnings and limit the firm's ability to reinvest or build reserves. Over the medium term this weakens competitive positioning, reduces financial flexibility for bidding or capex, and makes consistent profitability a material execution risk.
Read all positive and negative factors
Positive Factors
Negative Factors
Conservative Balance Sheet
Very low leverage reduces refinancing and solvency risk, giving the firm structural resilience through cyclical construction markets. A conservative capital structure supports bid capacity, withstands project delays, and preserves strategic optionality for 2–6+ months and beyond.
Read all positive factors

Khoon Group Limited (0924) vs. iShares MSCI Hong Kong ETF (EWH)

Khoon Group Limited Business Overview & Revenue Model

Company Description
Khoon Group Limited, an investment holding company, primarily functions as a mechanical and electrical (M&E) service provider, with a core specialization in delivering electrical engineering solutions across Singapore. Its comprehensive suite of e...

Khoon Group Limited Financial Statement Overview

Summary
Financials are mixed: the balance sheet is conservative with very low debt (strong risk profile), and 2025 operating/free cash flow rebounded sharply. However, profitability is the key weakness—results have been mostly loss-making since 2021 with a negative operating profit and net margin in 2025, alongside low and compressed gross margins and unstable revenue (2025 down vs 2024).
Income Statement
38
Negative
Balance Sheet
74
Positive
Cash Flow
55
Neutral
BreakdownTTMJun 2024Jun 2023Jun 2022Jun 2021Jun 2020
Income Statement
Total Revenue51.05M77.66M69.51M50.61M23.06M26.30M
Gross Profit1.36M5.15M5.89M2.47M1.43M2.23M
EBITDA-24.03M-2.14M618.44K-1.31M-129.32K573.06K
Net Income-23.80M-2.11M-8.90K-1.55M-617.84K-183.13K
Balance Sheet
Total Assets25.23M48.02M52.43M50.54M50.67M61.28M
Cash, Cash Equivalents and Short-Term Investments7.29M9.95M7.07M10.36M12.94M17.75M
Total Debt149.83K567.23K736.29K147.66K267.49K297.94K
Total Liabilities12.56M13.77M16.25M14.13M12.93M22.92M
Stockholders Equity12.67M34.25M36.17M36.41M37.74M38.36M
Cash Flow
Free Cash Flow-9.67M20.83M-3.10M-3.61M-5.02M-2.97M
Operating Cash Flow-9.53M21.48M-3.07M-3.58M-4.98M-2.73M
Investing Cash Flow-120.33K-645.22K142.47K1.18M-15.72K5.50M
Financing Cash Flow-204.60K-2.56M-216.51K-135.34K-132.95K-153.37K

Khoon Group Limited Technical Analysis

Technical Analysis Sentiment
Neutral
Last Price0.13
Price Trends
50DMA
0.12
Negative
100DMA
0.11
Positive
200DMA
0.14
Negative
Market Momentum
MACD
<0.01
Positive
RSI
62.37
Neutral
STOCH
<0.01
Positive
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For HK:0924, the sentiment is Neutral. The current price of 0.13 is above the 20-day moving average (MA) of 0.12, above the 50-day MA of 0.12, and below the 200-day MA of 0.14, indicating a bearish trend. The MACD of <0.01 indicates Positive momentum. The RSI at 62.37 is Neutral, neither overbought nor oversold. The STOCH value of <0.01 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for HK:0924.

Khoon Group 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
74
Outperform
HK$108.67M9.0126.35%5.50%126.12%
63
Neutral
$10.79B15.437.44%2.01%2.89%-14.66%
54
Neutral
HK$456.56M38.463.68%7.94%4.28%25.30%
51
Neutral
HK$101.87M-1.15-4.67%6.67%-10.46%-582.88%
51
Neutral
HK$161.60M-1.06848.01%1.96%-25.29%7.74%
48
Neutral
HK$124.00M-0.84-101.44%-36.27%-4320.59%
48
Neutral
HK$91.61M2.440.69%1.28%-39.57%-84.85%
* Industrials Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
HK:0924
Khoon Group Limited
0.12
-0.17
-57.97%
HK:1459
Jujiang Construction Group Co., Ltd. Class H
0.19
-0.17
-47.50%
HK:2262
Steve Leung Design Group Limited
0.40
-0.75
-65.22%
HK:6816
Prosper Construction Holdings Limited
0.20
<0.01
3.06%
HK:8128
Chyy Development Group Limited
0.02
-0.02
-45.71%
HK:8411
K W Nelson Interior Design and Contracting Group Limited
0.11
0.04
57.97%

Khoon Group Limited Corporate Events

Khoon Group Relocates Principal Hong Kong Office to Sha Tin
Jun 12, 2026
Khoon Group Limited has announced that it will change its principal place of business in Hong Kong to Unit S9, 23/F, W Luxe, 5 On Yiu Street, Sha Tin, New Territories, effective 12 June 2026. The move signals an administrative shift of its Hong Ko...
Khoon Group distances operations from legal action over controlling shareholder’s assets
May 13, 2026
Khoon Group Limited has issued an inside information clarification after a media report claimed that the High Court of Hong Kong had made a restraint order over certain personal assets of its controlling shareholder, Mr. Chen Zhi, including securi...
Khoon Group Sets Out Board and Committee Line-Up
Apr 23, 2026
Khoon Group Limited has announced the current composition of its board, naming Ms. Tseung Choi Wing Queenie as its sole executive director alongside three independent non-executive directors, Mr. Fok Wai Hung, Mr. So Chi Kai and Mr. Choi Jyoti Chi...
Khoon Group Reshapes Board to Restore Compliance With Hong Kong Listing Rules
Apr 23, 2026
Khoon Group Limited has appointed senior finance professional Mr. Choi Jyoti Chien as an independent non-executive director and member of its audit committee, effective 23 April 2026, as part of efforts to strengthen its board and corporate govern...
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: Jul 01, 2026