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Alpha Professional Holdings Ltd. (0948) AI Stock Analysis
Alpha Professional Holdings Ltd.
(HKEX:0948)
The score is held down primarily by weak financial performance: loss-making operations, poor earnings quality (profits not supported by EBIT), and materially negative operating/free cash flow alongside higher leverage. Technicals are moderately positive and valuation appears cheap on P/E, but these positives are outweighed by cash-flow and balance-sheet risk.
Alpha Professional Holdings Ltd. (0948) vs. iShares MSCI Hong Kong ETF (EWH)
- Market Cap
- HKD 101.83M
- Dividend Yield
- ―
- Average Volume (3M)
- 244.64K
- Price to Earnings (P/E)
- 1.3
- Beta (1Y)
- 0.65
- Revenue Growth
- 158.34%
- EPS Growth
- ―
- Country
- Hong Kong
- Employees
- 203
- Sector
- Consumer Defensive
- Sector Strength
- 62
- Industry
- Food Distribution
Alpha Professional Holdings Ltd. Business Overview & Revenue Model
Company Description
Alpha Professional Holdings Limited operates as an investment holding enterprise with diverse interests spanning the milk products, mobile technology, and real estate sectors. Its commercial activities include the trade of milk powder and infant nutr...
Alpha Professional Holdings Ltd. Financial Statement Overview
Summary
Underlying fundamentals are weak despite a 2026 revenue rebound. Operating margin remained deeply negative (around -20%) and 2026 net profit appears driven by non-operating/one-off items. Cash conversion is a major concern with materially negative operating and free cash flow in 2026, and the balance sheet carries elevated leverage (debt-to-equity ~1.52) after prior equity stress.
Income Statement
46NeutralBalance Sheet
38NegativeCash Flow
34Negative| Breakdown | TTM | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 104.68M | 104.68M | 40.52M | 96.31M | 363.09M | 438.35M |
| Gross Profit | 7.46M | 7.46M | 7.17M | 4.07M | 42.74M | 34.68M |
| EBITDA | -5.75M | -465.00K | -183.51M | -43.21M | 2.51M | 15.45M |
| Net Income | 82.72M | 82.38M | -197.27M | -38.32M | 1.31M | -31.64M |
Balance Sheet | ||||||
| Total Assets | 100.69M | 100.69M | 149.58M | 198.31M | 270.44M | 178.82M |
| Cash, Cash Equivalents and Short-Term Investments | 21.36M | 21.36M | 10.70M | 47.28M | 13.69M | 20.90M |
| Total Debt | 41.13M | 41.13M | 69.63M | 34.17M | 47.89M | 2.53M |
| Total Liabilities | 73.01M | 73.01M | 214.71M | 80.07M | 111.62M | 62.47M |
| Stockholders Equity | 27.03M | 27.03M | -69.92M | 118.23M | 158.82M | 116.35M |
Cash Flow | ||||||
| Free Cash Flow | -32.60M | -32.17M | -18.90M | 43.82M | -96.45M | -48.64M |
| Operating Cash Flow | -32.49M | -32.06M | -18.26M | 43.83M | -96.45M | -48.60M |
| Investing Cash Flow | 27.46M | 27.09M | -17.09M | 6.53M | -184.00K | -38.00K |
| Financing Cash Flow | 14.94M | 14.88M | -3.97M | -18.21M | 90.61M | -1.39M |
Alpha Professional Holdings Ltd. Technical Analysis
Price Trends
Market Momentum
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 0.24 is below the 20-day moving average (MA) of 0.26, above the 50-day MA of 0.24, and above the 200-day MA of 0.23, indicating a neutral trend. The MACD of 0.00 indicates Positive momentum. The RSI at 49.57 is Neutral, neither overbought nor oversold. The STOCH value of 19.35 is Positive, 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
Overall Rating
HK:172058Neutral
HK:234257Neutral
HK:120252Neutral
HK:200050Neutral- HK:094849Neutral
HK:076346Neutral
Financial Indicators
| Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
| Sector * | 62Neutral | $20.33B | 14.63 | -3.31% | 3.23% | 1.93% | -12.26% |
| HK:1720 | 58Neutral | HKD 250.80M | 3.49 | 9.43% | ― | 42.78% | 197.12% |
| HK:2342 | 57Neutral | HKD 2.85B | 101.67 | 0.86% | 0.28% | 4.27% | ― |
| HK:1202 | 52Neutral | HKD 508.00M | 10.11 | 5.43% | 0.91% | 87.07% | ― |
| HK:2000 | 50Neutral | HKD 624.71M | -19.35 | -2.26% | ― | -16.00% | -811.76% |
| HK:0948 | 49Neutral | HKD 203.67M | 1.26 | -228.92% | ― | 158.34% | ― |
| HK:0763 | 46Neutral | HKD 144.41B | 30.34 | 5.67% | 2.45% | 19.98% | -20.48% |
* Consumer Defensive Sector Average
Performance Comparison
| Show on chart | Ticker | Company Name | Price | Change | % Change |
|---|---|---|---|---|---|
| HK:0948 | Alpha Professional Holdings Ltd. | 0.25 | -0.00 | -1.59% | |
| HK:2342 | Comba Telecom Systems Holdings | 0.92 | -1.67 | -64.53% | |
| HK:2000 | SIM Technology Group | 0.30 | -0.08 | -21.05% | |
| HK:0763 | ZTE Corporation Class H | 19.33 | -12.36 | -39.00% | |
| HK:1202 | Chengdu Putian Telecommunications Cable Co., Ltd. Class H | 1.27 | 0.42 | 48.89% | |
| HK:1720 | Putian Communication Group Limited | 0.23 | 0.12 | 117.14% |
Alpha Professional Holdings Ltd. Corporate Events
Alpha Professional Holdings Calls Shareholders to Approve Major Tsuen Wan Tenancy Deals
Alpha Professional Holdings Ltd. has called a special general meeting for 13 November 2026 in Hong Kong to seek shareholder approval of two tenancy agreements for extensive space in the Allied Cargo Centre in Tsuen Wan, including multiple floors and...
Alpha Professional Holdings Delays Shareholder Circular for Major Tenancy Transaction
Alpha Professional Holdings Ltd., incorporated in Bermuda and listed in Hong Kong under stock code 948, operates as a holding company subject to the disclosure and governance standards of the Hong Kong Stock Exchange. Its board is led by Executive Di...
Alpha Professional Holdings Treats New Office Leases as Major Transaction
Alpha Professional Holdings Ltd. has entered into new tenancy agreements through an indirect wholly owned subsidiary to lease multiple floors and parking spaces in a commercial property for a two year term, recognising right of use assets of about HK...
Alpha Professional Seeks Shareholder Approval for Major One-for-One Rights Issue
Alpha Professional Holdings Limited has called a special general meeting for 9 October 2026 in Hong Kong, seeking shareholder approval for a rights issue of up to 412,280,383 new shares at HK$0.20 each on a one-for-one basis with existing shares. The...
Alpha Professional Holdings Wins Strong Shareholder Backing at AGM
Alpha Professional Holdings Ltd. reported that all resolutions at its annual general meeting on 9 September 2026 were approved by shareholders via poll voting. The company confirmed that its entire issued share capital of 412,280,383 shares was eligi...
Alpha Professional Appoints VBG Capital as Independent Adviser for Rights Issue
Alpha Professional Holdings has appointed VBG Capital Limited as independent financial adviser to provide guidance to its Independent Board Committee and Independent Shareholders on the terms of a planned rights issue. VBG Capital, licensed in Hong K...
Alpha Professional Plans HK$82.5 Million Rights Issue Backed by Major Shareholders
Alpha Professional Holdings Ltd. plans to raise up to approximately HK$82.5 million through a rights issue of 412,280,383 new shares at HK$0.20 each, on a one-for-one basis for existing qualifying shareholders. The issue is non-underwritten and is ex...
Alpha Professional Holdings Sets AGM and Seeks Share Buyback Mandate
Alpha Professional Holdings Ltd., a Bermuda-incorporated company listed in Hong Kong, maintains a governance framework centered on its board of directors and external auditor. The company operates within Hong Kong’s regulatory and listing regim...
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: Oct 14, 2026