Alpha Professional Holdings Ltd. (0948) AI Stock Analysis

• Market Cap: HK$139.71M
• Dividend Yield: N/A
• Average Volume (3M): 48.50K
• Price to Earnings (P/E): ―
• Beta (1Y): -0.09
• Revenue Growth: -91.95%
• EPS Growth: 44.78%
• Country: HK
• Employees: 106
• Sector: Industrials
• Sector Strength: 90
• Industry: Communication Equipment
• EPS (TTM): -0.08
• Shares Outstanding: 349,280,400
• 10 Day Avg. Volume: 128,300
• 30 Day Avg. Volume: 48,500
• PEG Ratio: -0.14
• Price to Book (P/B): 1.69
• Price to Sales (P/S): 0.00
• P/FCF Ratio: 3.77
• 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: N/A
• Number of Analyst Covering: 0

The overall stock score for Alpha Professional Holdings Ltd. is primarily driven by financial challenges, including declining revenues and negative profitability, which weigh heavily on the score. Despite strong technical momentum, potential overbought conditions present a risk. The valuation metrics are weak, with a negative P/E ratio pointing to profitability issues, further impacting the stock's attractiveness.

Alpha Professional Holdings Ltd. Business Overview & Revenue Model

Company Description

Alpha Professional Holdings Ltd. (0948) is a diversified investment holding company based in Hong Kong. It primarily engages in the provision of construction and engineering services, including project management and consultancy. The company also operates in the property investment sector, focusing on acquiring and managing commercial properties. Through its subsidiaries, Alpha Professional Holdings Ltd. provides a range of professional services tailored to meet the needs of its clients in various industries.

How the Company Makes Money

Alpha Professional Holdings Ltd. generates revenue through several key streams. The primary source of income is its construction and engineering division, which secures contracts for building and infrastructure projects, offering services like planning, design, and project management. The company's property investment segment contributes to earnings by acquiring commercial properties that generate rental income and appreciate over time. Additionally, strategic partnerships and joint ventures in the construction and real estate sectors enhance its revenue potential. The company's diversified portfolio allows it to leverage market opportunities and minimize risks associated with economic fluctuations.

Alpha Professional Holdings Ltd. Financial Statement Overview

Summary

Alpha Professional Holdings Ltd. faces financial challenges with a declining revenue trend, negative profitability, and fluctuating cash flows. The balance sheet shows manageable leverage but declining equity and total assets. Positive operational cash flow is a bright spot, but overall financial stability is under pressure.

Income Statement

The company shows a declining revenue trend with a significant drop from 2023 to 2024. Gross profit margins are low, and net income has turned negative in 2024, indicating a challenging financial year. The EBIT and EBITDA margins are also negative, reflecting poor operational efficiency and profitability.

Balance Sheet

The balance sheet reveals a moderate debt-to-equity ratio, suggesting manageable leverage. However, the declining equity value and the reduction in total assets over the years are concerning. The equity ratio remains stable but signals potential risks if liabilities grow.

Cash Flow

Despite the negative net income, cash flow from operations was positive in 2024, which is a positive sign. Free cash flow has improved significantly, which could indicate better cash management. Yet, the high volatility in cash flow figures over the years suggests instability.

Breakdown
TTM	Mar 2024	Mar 2023	Mar 2022	Mar 2021	Mar 2020
Income Statement		Total Revenue
17.85M	96.31M	363.09M	461.76M	268.10M	147.93M
	Gross Profit
2.31M	4.07M	42.74M	-5.35M	6.21M	-370.00K
	EBIT
-34.98M	-43.93M	1.75M	-28.42M	-14.47M	-31.34M
	EBITDA
-30.88M	-43.21M	2.51M	-27.08M	-12.91M	-29.74M
	Net Income Common Stockholders
-29.21M	-38.32M	1.31M	-31.64M	-14.99M	-88.06M
Balance Sheet		Cash, Cash Equivalents and Short-Term Investments
30.14M	47.28M	13.69M	20.90M	70.38M	27.91M
	Total Assets
709.03M	198.31M	270.44M	178.82M	239.51M	166.28M
	Total Debt
636.08M	34.17M	47.89M	2.53M	2.27M	13.34M
	Net Debt
605.94M	-13.10M	34.20M	-18.37M	-68.11M	-14.56M
	Total Liabilities
693.99M	80.07M	111.62M	62.47M	89.02M	54.86M
	Stockholders Equity
15.05M	118.23M	158.82M	116.35M	150.49M	111.42M
Cash Flow		Free Cash Flow
43.54M	43.82M	-96.45M	-48.64M	46.57M	-16.30M
	Operating Cash Flow
44.17M	43.83M	-96.45M	-48.60M	46.57M	-16.30M
	Investing Cash Flow
-10.31M	6.53M	-184.00K	-38.00K	-46.80M	3.14M
	Financing Cash Flow
-8.79M	-18.21M	90.61M	-1.39M	42.22M	8.15M

Alpha Professional Holdings Ltd. Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 0.45
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Negative
• STOCH: Negative

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For HK:0948, the sentiment is Positive. The current price of 0.45 is above the 20-day moving average (MA) of 0.29, above the 50-day MA of 0.25, and above the 200-day MA of 0.25, indicating a bullish trend. The MACD of 0.06 indicates Negative momentum. The RSI at 83.11 is Negative, neither overbought nor oversold. The STOCH value of 96.96 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for HK:0948.

Alpha Professional Holdings Ltd. Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
HSBA	82 Outperform	£155.55B	10.37	10.33%	5.84%	-3.40%	-7.51%
1299	74 Outperform	$673.96B	13.11	16.75%	2.52%	7.04%	88.41%
0688	67 Neutral	$149.07B	8.79	4.15%	5.63%	-10.21%	-40.22%
0267	66 Neutral	HK$289.74B	4.59	7.93%	6.03%	8.48%	-1.70%
0883	66 Neutral	€853.79B	5.53	19.25%	8.06%	5.62%	-0.74%
Sector *	64 Neutral	$4.38B	12.03	5.25%	249.91%	4.11%	-11.02%
0948	49 Neutral	HK$139.71M	―	-26.64%	―	-91.95%	44.78%

Alpha Professional Holdings Ltd. Corporate Events

Alpha Professional Holdings Faces Arbitration Setback

Alpha Professional Holdings Limited, through its subsidiaries, is involved in a legal dispute with Bubs Australia Limited regarding outstanding debts. The Australian Centre for International Commercial Arbitration has ruled against Alpha Professional’s subsidiaries, Willis Trading Limited and Alice Trading Limited, leading to a reassessment of trade payables and receivables totaling AUD5.7 million and AUD3.6 million, respectively. The decision has resulted in a scale-down of operations for these subsidiaries, although other subsidiaries remain unaffected. The company plans to keep shareholders informed about further developments.

Alpha Professional Holdings Ltd. Announces Change of Registered Office Address

Alpha Professional Holdings Ltd. has announced a change in the address of its registered office in Bermuda, effective from March 24, 2025. This relocation to The Penthouse, 5 Reid Street, Hamilton, HM 11, Bermuda, reflects a strategic move that may impact the company’s operational logistics and stakeholder interactions.